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National News: At least six killed in fire accident in Andhra Pradesh s pharma unit

At least six killed in fire accident in Andhra Pradesh’s pharma unit : Rashtra News #killed #fire #accident #Andhra #Pradeshs #pharma #unit At least six persons were killed in a major fire accident that occurred in the Porus Laboratories Pvt. Ltd, a pharmaceutical and chemical manufacturing unit in Akkireddy Gudem village, Musunuru Mandal in Eluru district

Bain Capital brings new CEO for Porus Labs after buyout

Private equity firm Bain Capital has brought on board a new chief executive for Porus Labs, the Hyderabad-based manufacturer of agricultural and speciality chemicals in ..

Courting Cipla: Why giants like Blackstone, Torrent Pharma and Dr Reddy s want to buy the pharma major

Pharma major Cipla has generated considerable interest from private equity players. What makes it such an alluring prospect, and what does the future hold for this storied company? - Issue Date: Oct 29, 2023

Bain Capital acquires specialty chemicals maker Porus Labs

In FY22, Porus posted net sales of ₹806.7 crore, a 19% rise from ₹678.4 crore in FY21. Earnings before interest, taxes, depreciation and amortization (Ebitda) rose 97% to ₹241.6 crore from ₹122.9 crore during the period.

Bain Capital emerges as front-runner for Porus Labs

Bain Capital has emerged as the front-runner for Porus Laboratories having signed an exclusivity pact with promoters of the Hyderabad-based company, four people with knowledge ..

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