As the market buzzes with news of Cipla promoters exiting the business through a stake sale and Ahmedabad-based Mehta family-led Torrent Pharmaceuticals racing to acquire its rival, Cipla, an analysis reveals that if the deal were to go through, both companies might need to divest as many as 15 brands to comply with Competition Commission of India (CCI) norms. A recent analysis by Bernstein shows that Cipla and Torrent share a presence in 332 products (based on product and molecule data from market research firm IQVIA). Bernstein analysts Nithya Balasubramanian and Parth Shah noted that, while this may appear as a high number, a significant portion of these products lack significance.
Investment banking sources say the three Patni brothers have now agreed on the sale process, along with private equity player General Atlantic.
Shubman Gill steps into the limelight as the fifth-youngest Indian captain in the IPL's 16-year history.
Tottenham Hotspur beat Nottingham Forest 2-0 away with goals by Richarlison and Dejan Kulusevski for a second straight win that nudged them closer to the Premier League top four on Friday although they had midfielder Yves Bissouma sent off late on.
It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.
With a combination of both physical and virtual exhibition, the 13th edition of the biennial international event at Air Force Station Yelahanka will be the world's first hybrid aerospace show.
Plenty happens over the show -- riots, nefarious schemes, betrayal and multiple murders -- which should have made for a riveting watch but everything evokes déjà vu and worse, sighs Deepa Gahlot.
Have the markets already played out their dynamics before the economy has even properly taken off? Are we now destined for a period of mediocre returns despite a strong economy? asks Akash Prakash.
Experts foresee possible scenarios: A BRS government with less majority, a BRS government with BJP and AIMIM support, or a Congress government.
As Ronaldo cried over his fate while the moth sat on his eye, some smart folk decided to create a meme out of the situation.
A graphic showing the number of articles that mention the three main CM candidates for Delhi elections over the last one month.
'Acting happened quite by accident. It chose me.' 'To be cast in the lead in Raaz 2 and Raaz 3 felt almost surreal.'
The 'final' trailer is out but sadly, it doesn't live up to the hype.
The buzz refuses to die down even though other PE players, investment bankers and analysts say such an alliance is highly unlikely. Wilbur Ross, meanwhile, is understood to have completed the due diligence of the scam-tainted IT company. When contacted, a company official declined comment.
Fans wearing the India jersey, carrying the Indian flag, laughing, joking and anticipating an India win are moving towards the Narendra Modi stadium. There are families, friends, children, adults, teenagers, middle aged and the senior citizen who have all painted the city blue.
Fresh from posting 399 in their previous game, South Africa batting was on fire yet again at the cost of Bangladesh who endured a 149-run rout.
In his memoir Four Stars of Destiny, Naravane recounts Singh's direction as well as a flurry of phone calls between the defence minister, external affairs minister, the national security advisor and the chief of defence staff that night on the sensitive situation.
Fans are buzzing over the prospect of a rematch between world number one Alcaraz and second seed Djokovic in a potential New York finale
The President's Office and the All India Congress Committee sources confirmed that the one-hour meeting did take place, but were reluctant to speculate on the nature of the discussions.
The buzz about the "health" of Shinde, who was at his native village in Satara, grew louder after his supporter and MLA Sanjay Shirsat recently claimed the CM has fallen sick as he works for 24 hours.
The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.
Havelock should be your destination for 2024. It is love at every sight!
Following the stake sale buzz, shares of the company opened higher and further zoomed 8.51 per cent to Rs 47.80 on the Bombay Stock Exchange.
In 2022, he raced past Usain Bolt, 'the world's fastest man', to become the world's most written-about athlete. The attention has followed a stream of medals: Asian Games gold twice, an Olympic gold, and silver and gold at the World Athletics Championships.
Munaf Patel joins Kandy Tuskers in LPL; Sarfaraz pulls out, Malinga unsure
Bernardo Silva and Jack Grealish scored three minutes apart as Manchester City came from behind to beat Premier League newcomers Luton Town.
Kaif highlighted the impending return of established stars like Jasprit Bumrah, Shreyas Iyer, and KL Rahul, suggesting that even cricketers of Mohammed Siraj's caliber could face an uphill battle to secure a spot in the squad.
This isn't a hatchet job, and my excuse for the exercise is my feeling that when you invert some of the clichés mentioned here, you might just arrive at the portals of genuine movie-making energy, says Sreehari Nair.
Bharatiya Janata Party leaders Sarbananda Sonowal, Jyotiraditya Scindia and Narayan Rane, all of whom are being seen as probables for induction as ministers in the Modi government, arrived in the national capital on Tuesday amid indications that the Union Council of Ministers is likely to be expanded on Wednesday.
Tendulkar wants to break the ODIs to four innings of 25 overs each to break the "monotony".
Michael Olise scored a stoppage-time penalty as Crystal Palace clawed back from two goals down to draw 2-2 with Manchester City in the Premier League at the Etihad Stadium on Saturday.
Rediff.com brings you the buzz around the sportspersons competing in the Sochi Winter Olympics!
The Times expects the film to bag a number of acting nominations.
These are the 15 seats to watch out for in Rajasthan where assembly elections will be held on November 23. The state has 200 constituencies.
'The stark black and gold gown featured geometric embroidery in taban, accentuated with delicate pearls and crystals.'
'Considering Pai is putting his own personal money in Byju's, stakeholders in the company can look forward to more governance and transparency.'
Jose Mourinho's return for a second spell as manager has brought a new feeling of unity at Chelsea, according to club stalwarts Frank Lampard and John Terry.
In 1930, John Maynard Keynes predicted that by 2030 technology would be so advanced that three hours of work per day would suffice. Has AI brought about the transformation that Keynes predicted, asks Atanu Biswas.