Sun Pharma

Sun Pharma asks 18 top brass of Ranbaxy to resign

This comes after a year after the Dilip Shanghvi-led firm acquired Ranbaxy in an all-stock deal and the company's Q4 profits shrank 44 per cent due to costs incurred in assimilating the buyout.

Jun 18, 2015, 12:23 PM IST

SPARC licenses Xelpros to Sun Pharma for US market

Sun Pharma Advanced Research Company (SPARC) has licensed out Xelpros, a preservative-free eye drop, to a subsidiary of Sun Pharma for the US market.

Jun 09, 2015, 23:25 PM IST

Focus on getting Ranbaxy's plants USFDA nod one at a time: Sun Pharma

The Mumbai-based drug major, which acquired Ranbaxy in a USD 4 billion deal, feels it is important for the merged entity to "re-establish" the trust between Ranbaxy and the US Food and Drug Administration (USFDA).

Jun 07, 2015, 14:41 PM IST

Sun Pharma shareholders approve amalgamation scheme

Sun Pharmaceutical on Friday said court convened meeting of its shareholders has approved the scheme of amalgamation of Sun Pharma Global Inc with itself.

Jun 05, 2015, 14:58 PM IST

Sun Pharma shares tank 9%; m-cap down Rs 20,864 cr post Q4 results

Shares of Sun Pharmaceutical Industries plunged over 9 percent Monday, wiping out Rs 20,864 crore from its market valuation, after the company's fourth quarter earnings came below market expectations.

Jun 01, 2015, 18:19 PM IST

Sensex edges up ahead of RBI meet; Sun Pharma caps gains

Sensex marginally rose by 20.55 Monday to 27,848.99 as consumer goods stocks gained on hopes that RBI would cut interest rates this week but a slump in Sun Pharma capped index's gains.

Jun 01, 2015, 17:36 PM IST

Open to acquisitions but selective with targets: Sun Pharma

"We continue to remain opportunistic for acquisition... We are not looking at buying businesses where we have to spend a lot of time in managing," Sun Pharma MD Dilip Shanghvi said in an analyst call.

May 31, 2015, 12:30 PM IST

Plunging profits, lofty losses shadow India Inc Q4 report-card

Defying the growth momentum in overall economy, corporate giants including M&M and Sun Pharma as well as state-run behemoths like NTPC, SAIL and IOC today announced lower quarterly profits, while many others have fared even worse due to rising costs and weak consumer demand.

May 29, 2015, 18:47 PM IST

Sun Pharma Q4 profit at Rs 888 cr; Ranbaxy merger hurts

The company had posted a net profit of Rs 1,587.12 crore for the same period of the previous fiscal.

May 29, 2015, 17:32 PM IST

Complaint against Sun Pharma for anti-trust violations in US

Ranbaxy Laboratories, recently acquired by Sunpharma, has been sued in the US District Court in Massachusetts for allegedly manipulating USFDA rules.

May 15, 2015, 17:42 PM IST

Nifty rebounds on value-buying, up 52 points

Bourses snapped its five session losing streak as bouts of value-buying in key Infra, Pharma, banking and Financials lifted the NSE Nifty by 51.95 points to close at 8,429.70.

Apr 22, 2015, 19:54 PM IST

Sun Pharma shares bounce back, up 3% on bourses

Stocks of Sun Pharmaceutical made a comeback at the bourses Wednesday, rising nearly 3 percent, a day after Japanese drugmaker Daiichi Sankyo sold its entire stake of around 9 per cent in the company for Rs 20,025 crore.

Apr 22, 2015, 13:09 PM IST

Nifty falls 70 pts on retrospective tax issue; Sun pharma tanks

A string of muted corporate earnings and retrospective taxation concerns continued to haunt investors as the NSE Nifty plummeted by 70 points to closed below the key 8,400-mark today.

Apr 21, 2015, 22:53 PM IST

Sensex at 4-week low, Nifty below 8,400 on Sun Pharma sell-off

Sun Pharma added to the rout by tumbling more than 8.70 percent on both Sensex and Nifty after Japan's Daiichi Sankyo announced selling of its holding in the Indian drugmaker.

Apr 21, 2015, 18:01 PM IST

Sun Pharma shares tank 11% as Daiichi completes exit

Shares of Sun Pharmaceutical on Tuesday plunged nearly 11 percent after Japan's Daiichi Sankyo announced selling its entire holding in the Indian drug major for an estimated Rs 20,420 crore.

Apr 21, 2015, 13:46 PM IST

Japan's Daiichi completely exits Sun Pharma

Yesterday, Daiichi Sankyo Company Ltd had announced its decision to sell "the entire or part of its holdings of Sun Pharmaceutical shares..."

Apr 21, 2015, 12:40 PM IST

Sun Pharma slumps most in near six years on Daiichi's share sale

Shares of Sun Pharmaceutical Industries Ltd slumped as much as 10.9 percent on Tuesday, heading towards their biggest daily fall since June 2009 after Japan`s Daiichi Sankyo Co Ltd started selling its stake in the Indian drugmaker.

Apr 21, 2015, 10:15 AM IST

Pharma shares fall; Sun Pharma top loser on Sensex

Pharma shares fell by up to 3.6 percent Thursday amid reports that global brokerage firm Bank of America Merrill Lynch has downgraded some of the drug firms.

Apr 09, 2015, 21:45 PM IST