Fierce competition among new drug brands for share of India market

Sun Pharma Q1 net profit drops 2% YoY, Revenue up 11%; US sales at $471 mn Mankind Pharma IPO to open next week: Check price band, GMP, other details Sun Pharma Q1 profit may be weighed by weak US generic sales and Taro nos Pharma stocks rally on lower price erosion, hopes of US generic… Continue reading Fierce competition among new drug brands for share of India market

Simone Biles shines at US Classic in first return to competition since Olympics

Simone Biles returned to competitive gymnastics on Saturday night and won her first meet since the Tokyo Olympics after she withdrew from events over stress. Biles performed in the U.S. Classic and had the best score in three of the four events. She was third on the uneven bars but her 59.100 in the all-around… Continue reading Simone Biles shines at US Classic in first return to competition since Olympics

Competition Comm approves Toshiba Corporation-TBJH deal

Fair trade regulator CCI has approved the proposed deal involving Toshiba Corporation and TBJH Inc, an indirect subsidiary of private equity firm Japan Industrial Partners. The deal has been cleared under the green channel route. The combination relates to TBJH Inc acquiring the complete shareholding of Toshiba Corporation. Toshiba is a… Continue reading Competition Comm approves Toshiba Corporation-TBJH deal

Competition for market share intensifies among cement companies in Q1

Shree Cement to invest Rs 7,000 crore to add 12 million tonnes of capacity Star Cement soars 11%, nears 52-week high on heavy volumes Cement stocks riding high on hopes of higher demand, capex push ACC, Ambuja, Dalmia Cement: Analysts remain selective on cement stocks Ambuja-ACC and JK Lakshmi Cement lead race for Sanghi Cement… Continue reading Competition for market share intensifies among cement companies in Q1