In a significant move, global investment giant Blackstone has allocated more than six thousand crore rupees to Federal Bank, officially becoming the largest shareholder in the Kerala-based institution. This landmark deal highlights the increasing appetite of foreign investors for India’s burgeoning financial landscape.
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