The Man Behind Rising ‘Sun’: Tale Of A Crorepati Druggist Who Borrowed Rs 10,000 To Start Business, Has A Net Worth Of Rs 1,46,090 Crore

[ad_1] Second Richest Pharma Billionaire: Even though India is home to a number of pharmaceutical giants, few have been able to match or surpass Sun Pharmaceutical Industries Ltd.’s continuous development and expansion. Dilip Shanghvi, the founder and managing director of Sun Pharma, which is now India’s largest medical manufacturer, is primarily responsible for its unparalleled … Read more

Stocks to Watch: SBI, Coal India, HDFC Life, Sun Pharma, Patanjali Foods and Others

[ad_1] Stocks to Watch: Nifty futures on the Singapore Exchange traded 44 points, or 0.23 per cent, lower at 18,686, signaling that Dalal Street was headed for negative start on Wednesday. Adani Ports & SEZ: The company clocked 5.1 per cent year-on-year (YoY) rise in consolidated net profit to Rs 1,158.9 crore for the January-March … Read more

Taro: Sun Pharma to acquire Taro’s 100% stake in all-cash – Times of India

[ad_1] MUMBAI: India’s biggest drug maker Sun Pharma has offered to acquire the outstanding shareholding in its US subsidiary, Taro Pharma for around $300 million through a reverse triangular merger.In the all cash deal, Sun Pharma will acquire the shares at a price of US $38 per ordinary share, which will be payable in full … Read more

Sun Pharma: Sun Pharma Q4 net profit clocks Rs 1,984 crore; dividend of Rs 4 per share approved – Times of India

[ad_1] AHMEDABAD : Homegrown pharma major Sun Pharmaceuticals Limited on Friday announced that its consolidated net profit grew to Rs 1,984 crore in the fourth quarter of the fiscal year 2022-23. According to the company’s regulatory filing, the profit after tax rose as compared to a net loss of Rs 2,277 crore in the corresponding … Read more