close
This ad will auto close in 10 seconds

Torrent Pharma seeks enabling nod to raise Rs 10,500 crore

The Ahmedabad-based drug firm Torrent Pharma is seeking enabling approvals from its shareholders to raise Rs 10,500 crore through issue of shares and other securities to fund its growth activity.

Torrent Pharma Q1 net profit rises 75% to Rs 449 crore

Drug firm Torrent Pharmaceuticals on Monday reported 75.39 percent rise in consolidated net profit to Rs 449 crore for the first quarter ended June, mainly on account of a new product launch in the US.

Sun-Ranbaxy deal gets FIPB nod

The Sun Pharma-Ranbaxy transaction would create the country's largest pharmaceutical company.

Indian cos in FDA's first list for generic Aciphex tablets

In a decision that will cheer the domestic pharma industry, Indian firms including Dr Reddy's, Lupin and Torrent Pharma have received nod from the US health regulator to market the first generic version of Aciphex, used to treat gastroesophageal reflux disease (GERD).