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Glenmark Pharma to divest 75% stake in Glenmark Life Sciences for Rs 5,651 crore

The deal values the company at Rs 7,535 crore, slightly lower than closing valuation of Rs 7,684 crore as of September 21. Earlier in the day, Glenmark Lifesciences closed at Rs 627.10, down 1.25 percent.

Glenmark Life Sciences deal to reduce parent s debt, make it net cash positive: CMD

Sun Pharma, Zydus, Cipla, Torrent Pharma, Dr Reddy s: How Indian pharma is Gearing Up for M&A

Sun Pharma, Zydus, Cipla, Torrent Pharma, Dr Reddy s: How Indian pharma is Gearing Up for M&A
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Glenmark Pharma s Valuations Surge Amid Earnings Optimism: Is the Rally Sustainable?

Glenmark Pharma s Valuations Surge Amid Earnings Optimism: Is the Rally Sustainable?
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

msci: MSCI index rejig may result in $1 4b inflows into stocks

MSCI added 40 stocks to its Global Smallcap Index and removed 11. India has seen the maximum addition of stocks in the Global Smallcap Index within the Asia-Pacific region. Mrs Bector s Food, Neuland Laboratories, and Patel Engineering are among 40 stocks that will be part of the MSCI Global Smallcap Index with effect from August 31.

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