Shares of Anil Dhirubhai Ambani Group dropped by up to 14% after Sebi barred Anil Ambani from the securities market for five years over fund siphoning allegations from Reliance Home Finance. Reliance Home Finance and Reliance Power shares fell 5%, while Reliance Infrastructure shares plummeted 14%. Trading in some other group companies remains suspended.
Zydus Lifesciences shares fall 2% as firm acquires US-based Assertio Holdings for $166 million
Zydus Lifesciences’ shares dipped 2% after completing the $166.4 million acquisition of US-based Assertio Holdings Inc. The deal, finalized through a subsidiary, makes Assertio a