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The Latest Breaking News from Biocon

Vodafone Idea and 6 other stocks hit a 52-week high, rally up to 40% in a month

Despite Sensex closing lower, six BSE 200 stocks including Vodafone Idea, Biocon, and Sun Pharma hit 52-week highs, signaling strong bullish momentum and sustained investor confidence amid broader weakness.

The Economic Times

Laurus Labs adds Rs 40,150 crore to investors' wealth in a year with 120% rally. Buy, hold or book profits?

Laurus Labs has significantly boosted investor wealth, adding over Rs 40,000 crore in a year with a 120% stock rally. Driven by business improvements, better margins, and strong earnings, the pharma major's market cap surged. Analysts see further upside but advise caution with stop losses due to the steep rise.

The Economic Times

Biocon Q4 Results: Net profit down 57% at Rs 198.6 crore

Biocon Ltd reported a 56.8% drop in Q4 net profit to Rs 198.6 crore, impacted by an Rs 80.4 crore exceptional item. Despite this, consolidated revenue grew to Rs 4,516.6 crore. For FY26, net profit declined to Rs 368.8 crore, though revenue rose to Rs 16,927 crore.

The Economic Times

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Water woes | BWSSB to save nearly 60 MLD daily through supply cut to big consumers in Bengaluru

The Bangalore Water Supply and Sewerage Board (BWSSB) aims to save 60 MLD of water daily by cutting supply to big consumers in Bengaluru.

The Hindu

Infosys, Biocon, JSW Steel, Shahi Exports donated to JD(S) via electoral bonds

Election Commission reveals donors of Rs 48.75 crore to JD(S) party in Karnataka via electoral bonds.

The Hindu

Cyber frauds misuse BIOCON CEO’s photo to create WhatsApp group

Unknown person misused BIOCON CEO's profile to create WhatsApp group, sent messages to staff to buy gift cards. Srikant Patil received email from person posing as Shreehas Tambe, suspected something fishy and informed higher ups. Police registered case against unknown person under IT Act, cheating and impersonation.

The Hindu

Betting big on Bengaluru

My introduction to Bengaluru (then Bangalore) happened in 1983. I joined Wipro fresh from business school and stayed at the Gautam Hotel. It was ₹70 for a double room. We’d hang out at the Coffee House, The Only Place, The Rice Bowl, and a Chinese rooftop restaurant at Ashoka –…

The Hindu

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Nirmala Sitharaman, 5 other Indians among Forbes' world's 100 most powerful women

NEW YORK: Finance Minister Nirmala Sitharaman, Biocon Executive Chairperson Kiran Mazumdar-Shaw and Nykaa founder Falguni Nayar are among six Indians who have made it to the Forbes' annual list of The World's 100 Most Powerful Women.

The Times of India

CBI files charge sheet in Biocon case

A senior official of the Central Drugs Standard Control Organisation(CDSCO) and a Biocon Biologics executive were arrested in June this year in an alleged bribery case

The Hindu

Roshni Nadar remains richest Indian woman; Nykaa’s Falguni Nayar top among self-made rich women: Report

Biocon’s Kiran Mazumdar-Shaw has moved down one rank to be the third richest woman in the country with a wealth of Rs 29,030 crore, as per the Kotak Private Banking-Hurun list

The Hindu

Shashi Tharoor responds to Kiran Mazumdar-Shaw on rhopalic sentence, amazes netizens

One can surely trust author-politician-former international civil servant Shashi Tharoor for knowing the English language best! Tharoor, who is known for his impressive vocabulary and knowledge of the English language, wowed netizens yet again on April 30 when he responded to Biocon chief Kiran Mazumdar-Shaw about a rhopalic sentence on…

The Times of India

Biocon founder Kiran Mazumdar-Shaw cautions that ‘communal exclusion’ can harm Karnataka

She cites media report about Muslims shopkeepers being barred from temple fairs

The Hindu

Top news developments in Karnataka on March 19, 2022

1. B.SAFE Constituency’s Public Place Safety Audit Report will be released today. Executive Chairperson of Biocon and B.PAC president Kiran Mazumdar Shaw, Higher Education Minister and Malleswaram MLA C.N. Ashwath Narayan, Mahadevapura MLA Aravind Limbavali and actor and B.SAFE brand ambassador Pranitha Subhash will be part of the event. B.SAFE…

The Hindu

India-Based Biocon To Buy Viatris' Biosimilars Assets In $3.3B Deal

Biocon Biologics Ltd has agreed to acquire Viatris Inc's (NASDAQ:VTRS) biosimilars assets for up to $3.335 billion in stock and cash. The deal value includes cash of up to $2.335 billion and Compulsorily Convertible Preference Shares in Biocon Biologics, valued at $1 billion. Viatris will also pay $50 million to Biocon Biologics to fund…

Benzinga

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