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The company's first international move took it to Russia in 1992. There, Dr. Reddy's formed a joint venture with the country's biggest pharmaceuticals producer, Biomed.They pulled out in 1995 amid accusations of scandal, involving "a significant material loss due to the activities of Moscow's branch of Reddy's Labs with the help of Biomed's chief executive". [8]
India's revenue from pharmaceutical exports was $25.3 billion in the 2022-2023 financial year. [7] In terms of the global market, India currently holds an accountable share and is known as the pharmacy of the world. [9] The country is the largest global supplier of generic medicine. [10] India produces more than 50% the world's vaccines. [11]
NSE Indices Limited (formerly known as India Index Services & Products Limited (IISL)), a subsidiary of the National Stock Exchange of India (NSE), provides a variety of indices and index related products and services to Indian capital markets. It is based in Mumbai, Maharashtra. NSE Indices Ltd. operates as a subsidiary of NSE Strategic ...
Lupin's businesses encompass the entire pharmaceutical value chain, ranging from branded and generic formulations, APIs, advanced drug delivery systems to biotechnology. . The company's drugs reach 70 countries [22] with a footprint that covers advanced markets such as USA, Europe, Japan, [23] Australia as well as emerging markets including India, the Philippines and South Africa to name a
Alembic Pharmaceuticals Ltd. is an Indian multinational pharmaceutical company headquartered in Vadodara. [2] It is involved in the manufacture of pharmaceutical products, pharmaceutical substances and intermediates. It is also termed to be a market leader in macrolides segment of anti-infective drugs in India. [2]
For example, if the banking sector has a 5% weight in the universe of stocks traded on the NSE, banking stocks in the index would also have an approximate representation of 5% in the index. [4] NIFTY 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and other structured products.
The Indian Pharmaceutical Alliance (IPA) is an association of domestic Indian pharmaceutical companies. IPA was founded in August 1999 by Dilip G Shah and six Indian drugmakers: Cipla , Dr. Reddy's , Lupin , Piramal , Ranbaxy , and Wockhardt . [ 1 ]
The equity shares of Cipla are listed on the Bombay Stock Exchange, [29] where it is a constituent of the BSE SENSEX index, [30] and the National Stock Exchange of India, [31] where it is a constituent of the CNX Nifty. [32] Its Global Depository Receipts (GDRs) are listed on the Luxembourg Stock Exchange. [28]