IT majors TCS, HCL Tech and Wipro kicked off first-quarter earnings last week and the results were mostly subdued in line with expectations. In the coming week, private banking giants HDFC Bank, Kotak Mahindra Bank, YES Bank, and ICICI Bank will announce their earnings. For HDFC Bank, this will be the first results card after … Read more
The US economy also witnessed substantial issues in its pharma market. In addition to these, manufacturing & exporting countries around the world saw heightened raw material price inflation followed by supply chain disruption. All these affected the margins of the companies deeply. Synopsis Indian pharmaceutical market flattened after the pandemic led to a massive upsurge … Read more
NEW DELHI: The initial public offer (IPO) of Glenmark Life Sciences will open for subscription on Tuesday. The company and its shareholders seek to raise Rs 1,514 crore from primary market investors. Most analysts are positive on the company’s future prospects and suggest subscribing to the issue. They believe the company, which is a spin-off … Read more