Search Results for: Cipla

Cipla, Macleod's, Ipca Labs face the heat for substandard drugs

India's drug regulator has asked the leading firms to recall inferior-quality medicines.

May 13, 2016

Infosys leads Sensex rally; Nifty closes above 7,900

Bengaluru-based Infosys spurted more than 8 percent on Monday in response to its upbeat fourth quarter results declared on Friday.

Apr 18, 2016

Pharma stocks drag Sensex down; Lupin down 6% on USFDA's inspection of facility

Lupin plunged 13 percent to a new 52-week low Tuesday after it acknowledged audit observations by the US FDA for its Goa facility.

Mar 29, 2016

Drug Ban: Delhi High Court adjourns hearing till March 28

The Delhi High Court has directed the union health ministry to provide the experts committee report to all the pharma companies and petitioners.

Mar 21, 2016

Indian pharma sector to witness Rs 1,000 crore loss due to drug ban

A pharma market research firm said the annual impact of the combination drugs ban is estimated to be Rs 3,049 crore.

Mar 16, 2016

Sensex, Nifty end with losses on global cues; Lupin crashes 8%

Benchmark indices Sensex, Nifty lost more than one percent in trade Tuesday, tracking Asian equities.

Mar 15, 2016

Indian Oil cuts jet fuel prices; aviation stocks rise

State-owned Indian Oil Corporation cut ATF prices by Rs 515 per kilolitre with effect from March 9 midnight.

Mar 10, 2016

Sensex, Nifty extend losses for second day; gold gains

Indian stock markets remained weak on Wednesday, tracking global cues and selling pressure across sectors.

Feb 24, 2016

Cipla completes acquisition of 2 US pharma companies

The acquisition of InvaGen and Exelan will boost Cipla's US business, which currently accounts for 8% of its revenue.

Feb 18, 2016

Sensex registers its third biggest fall since PM Modi came to power; Nifty closes below 7,000

State Bank of India, the country's biggest lender, reported 62% fall in net profit for the December quarter.

Feb 11, 2016

Cipla reports a 4.7% profit increase in Q3 FY15-16 results

Cipla announced its unaudited consolidated financial results for the quarter ended Dec. 31, 2015.

Feb 10, 2016

Bank stocks lead market fall; Sensex, Nifty close down 1%

Bank stocks, burdened with estimated bad loans at about $100 billion, have seen a lot of selling pressure recently.

Feb 10, 2016

India's foreign exchange reserves rise $1.58 billion to $349.15 billion

The increase was mainly due to an increase in foreign exchange assets.

Feb 5, 2016

Bank, pharma stocks lead rally as Sensex jumps 278 points

Lupin gained 9.82 percent, while Canara Bank closed 6.93 percent higher on the NSE.