Sebi has permitted portfolio managers to transfer their PMS business—partially or fully—after regulatory approval. The move aims to simplify compliance, improve business flexibility, and ensure investor protection under new transfer norms effective immediately.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO