Glenmark Pharmaceuticals said its US subsidiary has agreed to pay $29.628 million (approximately ₹284 crore) to settle antitrust and consumer protection litigation linked to allegations of generic drug price-fixing in the United States. The settlement involves Glenmark Pharmaceuticals Inc., USA and a group of state attorneys general in the US. The amount will be paid…
The board of the Hyderabad-based pharmaceutical company also recommended a final dividend of ₹30 per share for FY26. By CNBCTV18May 23, 2026, 2:35:11 PM IST (Published) 1 Min Read Divi’s Laboratories reported a 13.4% year-on-year rise in net profit for the January-March quarter of FY26 at ₹751 crore, ahead of the CNBC-TV18 poll estimate of…
Envision Capital founder Nilesh Shah believes India’s new-age platform companies are entering a multi-year growth cycle similar to the IT services boom of the 1990s, with strong earnings growth, improving cash flows and a sharper focus on profitability despite sharp stock price corrections. He says several internet, fintech and consumer-tech businesses continue to grow at…
Divi’s Laboratories dividend 2026: Divi’s Laboratories today declared a 1500 per cent dividend for its shareholders. Divi’s Laboratories Q4 results FY26: Divi’s Laboratories today announced its earnings for the fourth quarter of the financial year 2025-26 and also declared a 1500 per cent dividend for its shareholders. Divi’s Laboratories Dividend 2026 Stock Performance Summary How…
Shares of GAIL (India) Ltd. declined on Friday, May 22, after the company reported a weak set of earnings in the fourth quarter. The results were reported after market hours on Thursday. Apart from its revenue, the company’s earnings were lower than estimates across all other parameters. GAIL’s revenue increased 21% to ₹34,773 crore from…
Three companies, Paytm Ltd. JSW Cement Ltd., and Pine Labs Ltd., saw block deals worth nearly ₹1,800 crore take place in the pre-open block window on Friday, May 22. The three companies saw equity between 1% and 3% change hands during the transactions. Here’s a look at them individually: JSW Cement The recently listed cement…
The additions are expected to draw interest from passive global funds and exchange-traded funds benchmarked to FTSE indices. By Vivek Iyer May 23, 2026, 12:46:27 PM IST (Updated) 1 Min Read Global index provider FTSE has announced the addition of six Indian companies to its FTSE All-World and FTSE All-Cap indices as part of its…
Bond investors may come out on top as equity and Treasury markets head for a collision. Stock and bond investors are heading for a clash — and the latter may come out on top, according to BCA Research. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists…
Shares of Life Insurance Corporation (LIC) of India Ltd. gained over 4% in early trade on Friday, May 22, as brokerages are positive on the stock post its fourth quarter earnings that were reported after market hours. Only one out of the 26 analysts who have coverage on LIC after its fourth quarter results, has…
Shares of Central Bank of India Ltd. declined 6% on Friday, May 22, as the government begins its stake sale process through an Offer For Sale (OFS) . The Centre will disinvest 4% of its equity in the lender through the Offer For Sale, and has the option to divest another 4% through the green…
