Stocks to Watch, 30 July: Stocks like Indiqube Spaces, GNG Electronics, Dilip Buildcon, GMR Airports, Ask Automotive, GE Vernova T&D India, International Gemmological Institute India, Bank of India, and Larsen & Toubro will be in focus on July 30.
Regarding the strategic review of Novartis's listed entity in India, Narasimhan clarified that it was not prompted by any pricing policies within the country
The management of Dr Reddy's has also repeatedly expressed their interest in acquiring a domestic-focused portfolio.
Novartis India, a listed entiry, is set to undergo an assessment encompassing various aspects, including its parent Novartis AG's 70.68 percent shareholding.
The company said it is putting its best efforts to mitigate the supply issue on a sustainable basis.
Simulect is an intravenous prescription drug that is used on transplant patients to ensure the body does not reject the new organ
Challenge for 2024: The Novartis India country president and MD will prioritise personal health and wellness. And embrace FOMO, making peace with the fact that one can't always be in the know.
The oncology market in India is estimated to grow by $734.18 million in 2025, growing at a CAGR of over 13 percent. With progress in faster and less expensive gene sequencing, precision medicine is starting to be used more often, most notably in the treatment of lung cancer, says Amitabh Dube.
Interestingly, Novartis which hired over 1,600 employees across divisions in India since January 2020 says it is planning to continue the hiring programme in 2022.