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Consumer Healthcare Product Market Quality & Quantity Analysis | Pfizer, Bayer AG, Abbott Laboratories – KSU
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Crigler-Najjar Syndrome Treatment Market Growth Rate And Recent Trends By Top Vendors International
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Glenmark Pharma approves Rs 1,160 crore IPO from subsidiary Glenmark Life Sciences ANI | Updated: Apr 19, 2021 14:00 IST
Mumbai (Maharashtra) [India], Apr 19 (ANI): Glenmark Life Sciences Ltd, a wholly-owned subsidiary of Glenmark Pharmaceuticals Ltd, has filed a draft red herring prospectus with the Securities and Exchange Board of India for an initial public offer (IPO) to raise Rs 1,160 crore.
The IPO comprises a fresh issue of up to Rs 1,160 crore and an offer for sale of up to 73.05 lakh equity shares of Rs 2 each of Glenmark Life Sciences Ltd by Glenmark Pharmaceuticals Ltd.
The board of directors has accorded its approval for the offer for sale, the company said in a statement. The IPO will be subject to market conditions receipt of applicable approvals and other considerations.
Nifty to tumble over 180 points on fresh lockdown announcements
April 19, 2021
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Though Covid-19-related situation is worrisome, IMD and Skymet predicting normal monsoon for the country augurs well for the market
Indian markets are expected to open sharply lower on Monday, as fresh lockdowns have been announced by various governments following spread of the Covid-19 pandemic. The SGX Nifty, which currently rules at 14,463 at the Singapore Stock Exchange, indicates at least a 180 points gap-down opening for Nifty futures, which on Friday closed at 14,645.
Analysts fear the recovery in the Indian economy could falter on fresh lockdowns announced by various State governments. States such as Maharashtra, Gujarat, Tamil Nadu and Delhi have announced fresh lockdowns and night curfews recently.
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