Eris Lifesciences Ltd.

Indian pharma stocks fell sharply today, with Sigachi Industries leading the decline after reports of potential US tariffs on pharmaceutical imports. Other major losers include Shilpa Medicare,...

Eris Lifesciences reported a 20% decline in Q2 profit to Rs 97 crore, but revenue increased to Rs 741 crore. The company is on track to achieve revenue guidance of Rs 2,600 crore in domestic...

ChrysCapital has exited Eris Lifesciences by selling its 7.27% stake for Rs 1,187 crore via an open market transaction. Infinity Partners acquired the shares.

Biocon's Q1 profit jumps six-fold to Rs 660 crore, driven by a one-time gain from the Biocon Biologics and Eris Lifesciences collaboration. Revenue also grew slightly.

Eris Lifesciences reports a 4.5% decline in consolidated profit after tax to Rs 89 crore for Q1 FY25, while revenue rose to Rs 720 crore. The company expects significant growth in its Biocon business.

Cube Mobility Investments divested 3.62% stake in Cube Highways Trust for Rs 615 crore via open market transactions. Kotak Mahindra Bank and L&T also participated in the deal.

New India Assurance receives Rs 2,298 crore GST demand notice from tax authorities for FY18-23. The company plans to file a detailed reply.

Finance Minister to meet heads of public sector banks on Friday to review performance and may push for increased lending to boost economy.

Tata Power applies for electricity distribution license in key regions of Maharashtra, including Mumbai, Pune, and Nashik. The application follows similar moves by Adani and Torrent Power.

Bharti Airtel faces a Rs 6.48 lakh penalty from the Department of Telecom for violating subscriber verification rules in Assam. The company plans to appeal the decision.

Cube Mobility Investments divested 3.62% stake in Cube Highways Trust for Rs 615 crore via open market transactions. Kotak Mahindra Bank and L&T also participated in the deal.

Punjab CM seeks funds & measures from NITI Aayog to fortify border areas, improve infrastructure, and boost economy of border districts. Demands include bunkers, alternate routes, and economic...

New India Assurance receives Rs 2,298 crore GST demand notice from tax authorities for FY18-23. The company plans to file a detailed reply.

Finance Minister to meet heads of public sector banks on Friday to review performance and may push for increased lending to boost economy.

DoT proposes changes in cyber security rules to curb fraudulent activities using mobile phone numbers, introducing a new number validation platform and charges for validation requests.