glaxosmithkline - Latest News on glaxosmithkline | Read Breaking News on Zee News
GlaxoSmithKline Pharma Q1 Net dips 43% to Rs 96.5 cr

GlaxoSmithKline Pharma Q1 Net dips 43% to Rs 96.5 cr

Last Updated: Thursday, April 17, 2014, 17:30

GlaxoSmithKline Pharmaceuticals Thursday posted 42.87 percent decline in its net profit at Rs 96.54 crore for the first quarter ended March 31, 2014, as the company continued to be impacted by the revamped price control order.

Poland extends corruption probe into Britain`s GSK

Last Updated: Tuesday, April 15, 2014, 02:13

Polish prosecutors said Monday they have extended a probe into allegations that British pharmaceutical giant GlaxoSmithKline bribed doctors into promoting one of its drugs.

Britain`s GSK reveals new bribery probe in Iraq

Last Updated: Monday, April 07, 2014, 18:34

British drugmaker GlaxoSmithKline (GSK) is investigating alleged corruption by staff at its pharmaceuticals division in Iraq, the group announced on Monday.

GlaxoSmithKline raises India unit stake to 75% via open offer

Last Updated: Monday, March 10, 2014, 16:01

UK-based GlaxoSmithKline Plc (GSK) Monday said it increased its stake in its Indian arm to 75 percent following the successful completion of a Rs 6,400 crore open offer.

GSK pays $1 billion to lift Indian unit stake to 75%

Last Updated: Monday, March 10, 2014, 14:46

GlaxoSmithKline said on Monday it had paid 64 billion rupees to increase its stake in its Indian pharmaceuticals unit to 75 percent, as it banks on rising demand for medicines in emerging markets.

Govt clears GlaxoSmithKline's Rs 6,400 cr FDI proposal

Last Updated: Thursday, February 20, 2014, 12:58

The government Thursday cleared Rs 6,400 crore FDI proposal of global healthcare company GlaxoSmithKline to acquire additional 24.33 percent stake in its India arm.

FIPB clears GlaxoSmithKline's Rs 6,400 cr FDI proposal

Last Updated: Monday, January 13, 2014, 15:16

GlaxoSmithKline Pharmaceuticals is already majority owned and controlled by the GSK Group.

FIPB to decide Monday on GlaxoSmithKline, pharma FDI proposals

Last Updated: Sunday, January 12, 2014, 14:59

The acquisition would result in foreign exchange inflows to the tune of Rs 6,400 crore, they added.

GlaxoSmithKline seeks FIPB nod to hike stake in Indian arm

Last Updated: Sunday, January 05, 2014, 13:24

UK-based drug major GlaxoSmithKline is knocking at the FIPB's doors to raise stake in its India arm by acquiring an additional 24.33 percent for around Rs 6,400 crore.

Global FMCG majors bet big on India despite slowdown

Last Updated: Wednesday, December 25, 2013, 12:16

Unilever, GlaxoSmithKline and PepsiCo made big bang announcements during the year as they decided to enhance their play in the "strategic and emerging" Indian market.

GSK Pharma gains 19% on parent co's move to make open offer

Last Updated: Monday, December 16, 2013, 18:38

At the NSE, the stock shot-up by 18.90 percent to close the trade at Rs 2,925.

GSK Pharma rallies 20% as parent company launches open offer

Last Updated: Monday, December 16, 2013, 12:33

Shares of GlaxoSmithkline Pharmaceuticals today skyrocketed by 20 percent after UK-based GlaxoSmithKline Plc announced a voluntary open offer to increase stake in its Indian subsidiary.