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Acquisition: Lupin Acquires 2 Brands for Anti Diabetic Portfolio From Boehringer Ingelheim

Acquisition: Lupin Acquires 2 Brands for Anti Diabetic Portfolio From Boehringer Ingelheim

Lupin is a pharmaceutical company, develops and sells a range of branded and generic formulations, biotechnology products, and active pharmaceutical ingredients (APIs) in India and abroad. The Mumbai-based drug maker said it has acquired Ondero and Ondero Met, including the trademark rights associated with these brands. The company said it has acquired two diabetes brands [...]
Global Fintech Festival to Invest Rs 83-166 Crore into Startups

Global Fintech Festival to Invest Rs 83-166 Crore into Startups

Global Fintech Festival (GFF) organisers on Friday said they are aiming to facilitate funding of over USD 10 million or Rs. 83.1 crore at the upcoming event in the financial capital. This funding target is for startups alone and excludes growth-stage companies which will initiate conversations with investors at the three-day GFF starting from September [...]
IPO Update: Concord Biotech Shares Surge 27% on Issue

IPO Update: Concord Biotech Shares Surge 27% on Issue

Concord is among leading manufacturers of fermentation-based biopharmaceutical active pharmaceutical ingredients (API), focused on niche segments such as immunosuppressant, oncology, antifungal and antibacterial. The company, which has 23 API products, has three manufacturing facilities at Valthera, Dholka, and Limbasi, in Gujarat. Shares of Concord Biotech ended with a premium of over 27% against the issue [...]
An AI and data science faculty development program is being jointly developed by AICTE and Jio Institute.

An AI and data science faculty development program is being jointly developed by AICTE and Jio Institute.

The All India Council for Technical Education (AICTE) has partnered with Jio Institute for a faculty development programme on Artificial Intelligence (AI) and Data Science, according to a release. Jio Institute, known for its AI and DS programme, will serve as the host institution for the five-day residential faculty development programme. AICTE has collaborated with [...]
Demerged Jio Financial Services to List on Bourses on August 21

Demerged Jio Financial Services to List on Bourses on August 21

Jio Financial Services, the demerged financial services unit of Reliance Industries, will be listed on bourses on August 21, according to an exchange notification. Jio Financial Services Ltd (JFSL) demerged from Reliance last month and is currently listed under a dummy ticker after its price discovery at Rs 261.85 but there is no trading happening [...]
Multibagger midcap stocks with a high Promoter holding of up to 60%; Are you holding any?

Multibagger midcap stocks with a high Promoter holding of up to 60%; Are you holding any?

Promoter holding refers to the stake held by promoters, i.e., persons who founded the company or are currently controlling its daily affairs. They are typically the largest shareholders in a company and play an instrumental role in its growth and success. Promoters may hold shares in a company in their individual capacity or through trusts.  [...]