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Sun Pharmaceutical Industries plans to acquire all outstanding shares of Taro Pharmaceutical Industries for $43 per share in cash, aiming to gain complete control over its subsidiary
Indian IT services companies are expected to report subdued numbers for the December quarter due to weakness in IT services demand and high furloughs.
In today's trade, Lupin's shares soared nearly 7%, hitting a new all-time high of ₹1,404 apiece after Japanese brokerage firm Nomura raised the target price on the stock to ₹1,593 apiece from the previous ₹1,290, maintaining its 'buy' recommendation.
The number of Commercial Pilot Licences (CPLs) issued by the Directorate General of Civil Aviation (DGCA) jumped 39% year-on-year to 1,622 in 2023, with women's share going up 22.5%, an official release said on Monday.
The industry must brace for further pushback from lawmakers, regulators, and other stakeholders who, emboldened by the IRA victory, continue to try to rein in big pharma.