Business Ideas

Glenmark Generics files IPO prospectus with Sebi

Drug maker Glenmark Pharmaceuticals today said its subsidiary Glenmark Generics has filed the draft prospectus with marker regulator Securities and Exchange Board of India (SebiI) for an initial public offer (IPO). - Cost audit should be included in Clause 49: Panel - Bharati expects nod for Great Offshore open offer soon - An exchange of their own - Bharati Shipyard mulls Rs 200-cr capex over two years - Sahara realty arm files IPO prospectus, to raise Rs 3,450 cr - Sebi wants listed firms to provide sufficient info to market "Glenmark Generics, has, on September 30, filed the draft red herring prospectus (DRHP) with Sebi for an Initial Public Offer," Glenmark Pharmaceuticals said in a filing to the Bombay Stock Exchange (BSE). Drug maker did not disclose any further details about the public issue.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Bajaj Hind back in black with Rs 69 cr Sep qtr profit
The country"s largest sugar producer Bajaj Hindusthan today posted a net profit of Rs 69.08 crore for the quarter ended September 30, and has announced 70 per cent dividend for the fiscal year 2009.
Popular Articles

Recruitments up 14% in Kolkata
Hiring activity in Kolkata picked up by 14 per cent in May 2009. The index moved from 608 in April 2009 to 690 in May 2009, according to Naukri JobSpeak, the monthly job index released by Naukri.com. On a national level, the Naukri JobSpeak index at 664, indicates a fall of 1.9 per cent as compared to 677 in April 2009. Although the overall index is comparatively stable, at a micro level, there was a volatile movement in telecom and pharma, witnessing a fall in hiring activity by 12-14 per cent.

Prospects of recovery in some sectors
When the year 2009 dawned, there was widespread apprehension on how the export sector would cope with the recession in the rich countries. Throughout the year, the government took various steps to help exporters and, as a result, the mood at the year-end is far more upbeat, although some sectors like textiles, leather and handicrafts still face uncertain prospects.