MF Tracker: LIC, Damani’s Avenue Supermarts among top largecap stocks sold in May

MF Tracker: LIC, Damani’s Avenue Supermarts among top largecap stocks sold in May

Franklin Templeton Asset Management sold 0.1% of its holding in LIC last month, while Union Mutual Fund exited the company by selling all its holdings. One other D-Street favourite that was dumped by MFs was Radhakishan Damani’s Avenue Supermarts. Indiabulls Mutual Fund, Union Mutual Fund, and Groww Mutual Fund were sellers in the D-Mart retail … Read more

Cadila, Aurobindo, Torrent get licence to make generic version of Pfizer’s oral COVID medication

Cadila, Aurobindo, Torrent get licence to make generic version of Pfizer’s oral COVID medication

The companies have received the nod after inking a sub-licensing pact with Medicines Patent Pool (MPP), a UN-based public health organisation working to increase access to life-saving medicines for low- and middle-income countries. Leading drug makers Cadila Pharmaceuticals, Aurobindo Pharma and Torrent Pharmaceuticals on Thursday said they have received a licence to manufacture a generic … Read more