Taro's sales grew 28 percent year-on-year. Its operating profits grew faster at 46 percent led by 740 basis points margin expansion. Religare has hiked its target price to Rs 725.
Sun Pharmaceutical Indusries' fourth quarter revenues may rise by 26 percent year-on-year to Rs 2,946 crore during the March quarter.
Uday Baldota, Senior Vice President-Finance & Accounts, Sun Pharma said the company will continue to hold stake in Taro despite their termination of the merger agreement.
This week on Storyboard, CNBC-TV18 brings you details of the debate that sprung up post the government's block of several URLs.
Sophos study investigates every possible one-character typo of Facebook, Google, Twitter, Microsoft, Apple and Sophos homepage