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Cadila Healthcare Recalls 2.2 Lakh Bottles of Venlafaxine Capsule

Cadila Healthcare – the 4th largest player in the Indian pharma market with 16 of the group’s brands feature amongst the top 300 pharma brands in ...
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Welspun Now Investigated by Walmart for Quality Issues

Welspun gets into even more trouble now. After Target terminated its decade plus relationship with Welspun, the stock tanked 20%. And then, in their conference ...
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Not So WelSpun: Target Finds No Egyptian Cotton Used in Sheets Sold By Welspun, Terminates Relationship

Welspun India is down 20% on its lower circuit today. That’s because Target, it’s second largest customer, terminated its relationship because: ...
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Piramal Enterprises Buys US Based API Developer Ash Stevens for 354 Crs.

Piramal Enterprises US subsidiary has sealed the deal to acquire US based active pharmaceutical ingredient manufacturing (API) firm Ash Stevens Inc for $52.95 ...
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Garware Wall Ropes Reports 35% Growth in Profits, Subsidiary Yet to Commence Operations: Result Analysis

Garware Wall Ropes has posted an impressive result of 35% growth in net profits QoQ, even with revenue declining by 1.78% QoQ. Garware Wall Ropes is in the ...
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City Union Bank Posts 10.73% Growth in Profits and Maintains Gross NPA at 2.62%: Result Analysis

City Union Bank has given some hope, among the NPA ridden banking sector. Q1 results were descent with income going up by 8.92% and net profit by 10.73% QoQ. ...
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Why There Is No 66% Arbitrage With Karnataka Bank's Rights Issue

There’s a little bit of confusion going around because Economic Times had published this article: (You can make upto 66% by participating in Karnataka ...
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HDFC and Max Life Merger: Here’s What You Need In Order To Break Even

Max Life and HDFC Life are merging. This is great news! Except for one thing: No one clearly understands what the heck is going on. This post will unravel the ...
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IOB Gross NPA at 20.48%, CAR in danger zone at 9.47 %: Result Analysis

Indian Overseas Bank is in serious trouble, not because of the losses it is making, its just because of 20.48% of advances are gross NPA’s and its ...
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Lupin Profits Grow by 56%, gGlumetza Exclusivity Expires : Results Analysis

Lupin had a good numbers in terms of sales i.e  41% growth QoQ. The net profits saw a growth of 56% QoQ. Key Takeaways: Operating Margin went up from 22.92% ...
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