The world's longest cruise will be inaugurated today by the Prime Minister Modi in Varanasi. The cruise will cover 27 river systems in 2 countries. The historic journey of 51 days will also cover major tourist destinations, like Kaziranga National Park. This cruise has been seen as a great boost to the Indian tourism. Watch now!
The survey was conducted across urban India, with a focus on the North (Delhi-NCR & Jaipur), the West (Mumbai & Pune), and the South (Bengaluru & Hyderabad).
Antara Senior Living has now forayed into the Assisted Care Services space with the launch of two new lines of business ‘Care Homes’ and ‘Care at Home’
Explaining the rationale behind the split, Analjit Singh said at a press conference: "Over the years, we have been told that a lot of investors are interested in parts of what we do, but not necessarily the entire piece."
Shares of Lupin fell 4.7 percent intraday Friday (in addition to 2.5 percent decline in previous session) after the brokerage Nomura downgraded the stock to neutral, citing slower US sales growth. Target price reduced to Rs 1,661 from Rs 1,738.
After receiving the USFDA nod for its supplemental new drug application for Antara capsules on Tuesday, Lupin will now focus on building back its brand by gaining its lost market share.
According to Kamal Sharma, Lupin should perform better in Q2 than Q1 and eyes double digit growth as against virtually no growth in Q1.
S Ramesh, CFO, Lupin, says that the company has received approval for Suprax drops. He also believes that the drop could help in expanding the market for Suprax. Suprax has gross sales of about USD 800 million and ranges across various strengths.
CNBC-TV18‘s Archana Shukla reports there could some rough sailing for Lupin as one of its key US brands – anti-cholesterol drug Antara - faces threat from competition from generic rivals with the USFDA (United States Food and Drug Administration) having granted final approval to Mylan's generic version of Antara
Mumbai based pharma company Lupin says any kind of price control will be a deterrent for the industry and 30 percent of its portfolio will be impacted if government implements price control measures.