Friday January 23, 2015
The Nifty is set to join a global rally on Friday triggered by the European Central Bank's $1.15 trillion stimulus announcement. Indian stock markets have gained for six straight sessions, buoyed by strong buying by foreign investors. On Thursday, FI...
Thursday January 22, 2015
The board had earlier constituted a securities issue committee comprising of five board members, including two independent directors, for issue of securities.
Tuesday January 20, 2015
According to notification by the US Food and Drug Administration (USFDA), the Indian firm's arm Aurobindo Pharma USA Inc has initiated a Class II nation wide recall. Each bottle contains 100 capsules of 300 mg.
Saturday December 27, 2014
It has been a year of bitter medicine for Indian pharmaceutical companies with fines worth millions of dollars imposed by various foreign regulators, even as they stitched together deals worth billions of dollars, including a high profile merger betw...
Friday December 12, 2014
The Nifty opened lower on Friday as indicated by futures trade on Singapore Stock Exchange. Foreign investors turned net sellers of Indian equities with increased intensity as they have sold stocks worth Rs 808 crore on Thursday. However domestic inv...
Monday December 8, 2014
The Nifty opened flat on Monday as indicated by futures trade on Singapore Stock Exchange. Foreign investors remained net sellers of Indian equities on Friday as they had sold stocks worth Rs 109 crore in cash market. However domestic investors were ...
Friday December 5, 2014
Aurobindo Pharma acquired "manufacturing assets, personnel, commercial infrastructure including the nutraceuticals brands in USA of Natrol along with an agreement to take on certain liabilities, with a bid of $132.5 million", the company said in a st...
Tuesday November 25, 2014
Aurobindo Pharmas US-based unit is voluntarily recalling a lot of Gabapentin capsules, an anti-epilepsy drug, in the American market, as some empty capsules were found in certain batches.
Tuesday November 25, 2014
Aurobindo Pharma has said it will raise $350 million (around Rs 2,166 crore) through issue of securities for funding its business expansion.
India News | Reported by Uma Sudhir, Edited by Deepshikha Ghosh | Thursday November 20, 2014
The man who tried to kidnap a top industrialist in Hyderabad on Wednesday, armed with an AK 47, is allegedly a policeman who was part of the "Greyhounds", an elite anti-Naxal commando force.
Wednesday November 19, 2014
Aurobindo Pharma director and vice chairman K Nityananda Reddy was attacked by an unidentified man in the posh Banjara Hills area of Hyderabad today.
Monday November 17, 2014
The capex will be spread out across APIs (active pharmaceutical ingredients) and formulations and the company's operations have resulted in substantial improvement to support the capex through internal cash generation, he said.
Wednesday November 12, 2014
Aurobindo said the deal with Chatsworth, California-based Natrol, which sells vitamins and supplements as well as diet and weight management products, will help the company expand its over-the-counter products business in the United States.
Friday November 7, 2014
The company had reported a net profit of Rs 235 crore in the year-ago period, it said in a statement.
Sunday November 2, 2014
The stock markets, which have hit back-to-back new highs, are expected to remain bullish in the holiday-shortened week, wherein earnings announcements and key macroeconomic data would dictate the trend, according to experts.
Tuesday October 28, 2014
The Sensex rose 0.48 per cent, or 127.92 points, to end at 26,880.82. The broader Nifty gained 0.45 per cent, or 35.90 points, to end at 8,027.60, above the psychologically important 8,000 level.
Tuesday September 30, 2014
Sun Pharma and Ranbaxy Lab rallied around 4 per cent to Rs 839.80 and Rs 627.40 respectively, whereas Glenmark Pharmaceuticals and Aurobindo Pharma were up between 4-6 per cent.
Saturday September 20, 2014
Investment management company Vanguard Group Inc on Friday picked up 23.60 lakh shares in Aurobindo Pharma for an estimated Rs 206.74 crore through the open market route.
Friday August 8, 2014
Aurobindo Pharma on Thursday reported a consolidated net profit of Rs 393.40 crore in the first quarter that ended on June 30, 2014, on good performance of US generics, injectibles and anti-retro viral drugs.
Thursday July 31, 2014
The US Food and Drug Administration's observation letter could result in approval delays at a time when the Cadila's domestic revenues have been impacted by price controls.
Tuesday July 15, 2014
The Nifty opened higher on Tuesday. Lower retail inflation number announced post market yesterday, positive closing in the US market and higher opening in Asian market likely to boost sentiments today. Foreign investors remained net sellers of Indian...
Tuesday June 3, 2014
The company has received final approval from US Food and Drug Administration (USFDA) to manufacture and market Divalproex Sodium Extended-release tablets in strengths of 250mg and 500mg, Aurobindo Pharma said in a statement today.
Monday June 2, 2014
HDFC Bank, whose weighting was cut, rose 2.4 per cent since the announcement on May 14 as of Friday's close, under-performing a 4.4 per cent gain in the NSE bank index.
Monday June 2, 2014
The BSE Sensex and the broader Nifty opened higher on Monday tracking gains in Asian markets.