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Torrent Pharmaceuticals Ltd. will hold a meeting on January 24 to consider the payment of an interim dividend for the financial year 2024-25. The company has set February 1 as the record date for determining the eligible members for the dividend payment, if declared. The interim dividend will be for the equity shares of Rs 5 each.
Earlier, Samir Mehta, President of the Indian Pharmaceutical Alliance and Chairperson of Torrent Group, highlighted the industry's plans to grow signi
Torrent Pharmaceuticals Ltd. will hold a meeting on January 24 to consider the payment of an interim dividend for the financial year 2024-25. The company has set February 1 as the record date for determining the eligible members for the dividend payment, if declared. The interim dividend will be for the equity shares of Rs 5 each.
Earlier, Samir Mehta, President of the Indian Pharmaceutical Alliance and Chairperson of Torrent Group, highlighted the industry's plans to grow signi
Jefferies predicts that 2025 will be a year of reckoning for Contract Development and Manufacturing Organization (CDMO) stocks, where actual earnings performance will determine the sector’s winners and laggards. While CDMO stocks saw remarkable returns in 2024, ranging from 20% to 80%, the brokerage points out that earnings were mixed, with some companies seeing upgrades, while others experienced sharp downgrades. Despite this, investor confidence remains strong, driven by long-term opt
Jefferies predicts that 2025 will be a year of reckoning for Contract Development and Manufacturing Organization (CDMO) stocks, where actual earnings performance will determine the sector’s winners and laggards. While CDMO stocks saw remarkable returns in 2024, ranging from 20% to 80%, the brokerage points out that earnings were mixed, with some companies seeing upgrades, while others experienced sharp downgrades. Despite this, investor confidence remains strong, driven by long-term opt
In 2025, the Indian pharmaceutical industry is set for a profound transformation driven by innovation, research excellence, and expanded global access. With the industry projected to reach USD 130 billion by 2030, India aims to become a global hub for high-quality, affordable pharmaceuticals, focusing on areas like CAR-T cell therapy, mRNA vaccines, and biosimilars. Technological advancements like AI, machine learning, and precision medicine are expected to revolutionize drug discovery, manuf
In 2025, the Indian pharmaceutical industry is set for a profound transformation driven by innovation, research excellence, and expanded global access. With the industry projected to reach USD 130 billion by 2030, India aims to become a global hub for high-quality, affordable pharmaceuticals, focusing on areas like CAR-T cell therapy, mRNA vaccines, and biosimilars. Technological advancements like AI, machine learning, and precision medicine are expected to revolutionize drug discovery, manuf
A tragic incident occurred in Odisha's Mayurbhanj district when a Class 10 student, Sukhdev Munda, died after allegedly being administered a wrong injection at a local pharmacy. Sukhdev, who was suffering from a skin infection, was taken to Sarbeswar Medicines pharmacy in Saharpada Market by his father for treatment. The pharmacist assured them that an injection would provide quick relief. However, shortly after receiving the injection, Sukhdev's condition deteriorated, and he passed
A tragic incident occurred in Odisha's Mayurbhanj district when a Class 10 student, Sukhdev Munda, died after allegedly being administered a wrong injection at a local pharmacy. Sukhdev, who was suffering from a skin infection, was taken to Sarbeswar Medicines pharmacy in Saharpada Market by his father for treatment. The pharmacist assured them that an injection would provide quick relief. However, shortly after receiving the injection, Sukhdev's condition deteriorated, and he passed
Bharat Rashtra Samithi (BRS) working president K. T. Rama Rao (KTR) has leveled serious allegations against Chief Minister A. Revanth Reddy, accusing him of forcefully acquiring land from farmers in Kodangal for a Pharma Village project. The land, according to KTR, is intended for Maxbien Pharma, a company owned by Revanth Reddy’s son-in-law. KTR condemned the Chief Minister for prioritizing his family's interests over the welfare of the farmers and accused him of using coercive tac
Bharat Rashtra Samithi (BRS) working president K. T. Rama Rao (KTR) has leveled serious allegations against Chief Minister A. Revanth Reddy, accusing him of forcefully acquiring land from farmers in Kodangal for a Pharma Village project. The land, according to KTR, is intended for Maxbien Pharma, a company owned by Revanth Reddy’s son-in-law. KTR condemned the Chief Minister for prioritizing his family's interests over the welfare of the farmers and accused him of using coercive tac
Police in Telangana's Vikarabad district have taken swift action by arresting 55 individuals in connection with the recent attack on district officials during a public hearing for the proposed 'Pharma Village'. The attack, which took place in Lagacharla village of Dudyala mandal, left District Collector Prateek Jain, Additional Collector G. Lingya Naik, and Kodangal Area Development Authority (KADA) Chairman Venkat Reddy injured.
The incident, which occurred in Kodangal con
Police in Telangana's Vikarabad district have taken swift action by arresting 55 individuals in connection with the recent attack on district officials during a public hearing for the proposed 'Pharma Village'. The attack, which took place in Lagacharla village of Dudyala mandal, left District Collector Prateek Jain, Additional Collector G. Lingya Naik, and Kodangal Area Development Authority (KADA) Chairman Venkat Reddy injured.
The incident, which occurred in Kodangal con
