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Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], July 27: Wockhardt Ltd – global pharmaceutical and biotechnology is aiming to turnaround its business operations and has perused important strategic initiatives for the same. Company is eying big on the restructuring of the US Business, vaccine tie-up with Serum for vaccine manufacturing in UK and Novel Antibiotics research to drive the business forward. For the Q4FY23, company posted strong operational performance with 7% Y-o-Y growth in revenue with three fold jump in the EBITDA to Rs. 47 crore. Bus...

CARE BBB- rating assigned to proposed NCD issue of Wockhardt Limited Posted On: 2021-04-06 05:13:59 (Time Zone: Arizona, USA) CARE Ratings Limited (CARE Ratings) has assigned Wockhardt Limited's proposed Non-Convertible Debenture issue aggregating to Rs. 200 crore a rating of "CARE BBB-; Stable (Triple B Minus; Outlook: Stable)". The rating assigned to proposed non-convertible debenture issue factors in improvement in company's liquidity position post closure of sale of select divisions of domestic formulations business to Dr. Reddy's Laboratories Limited (DRL). The company received Rs. ...

CARE BBB- rating assigned to Emami Realty Ltd Posted On: 2020-12-21 05:36:52 (Time Zone: Arizona, USA) CARE Ratings Limited ('CARE Ratings') has assigned the Credit Rating of Emami Realty Ltd's Long-term bank facilities at "CARE BBB-; Stable (Triple B Minus; Outlook: Stable)". Shares of Emami Realty Ltd was last trading in BSE at Rs.46.55 as compared to the previous close of Rs. 48.95. The total number of shares traded during the day was 20859 in over 238 trades. The stock hit an intraday high of Rs. 51.35 and intraday low of 46.55. The net turnover during the day was Rs. 1052754. Source...

Reason it's decided to downgrade its rating for russia, putting its rating just one notch above junk. at triple b minus. for the past week and a half, the bluefin drone has been the focus of the flight 370 search. >> that's right. that could be about to change. the drone is now in its 13th and possibly final underwater scanning mission there in the southern indian ocean. >> it is now mapped 95% of its intended search zone with no sign of the missing plane. >> incredibly disappointing for the search officials, but malaysia's prime minister says his government will release a report on the plan...