BANKING & FINANCE
IIFL Home Finance Appoints Sharad Kumar As Its New Chief Risk Officer
IIFL Home Finance Ltd, an affordable housing finance company, has appointed Sharad Kumar as its Chief Risk Officer (CRO), strengthening its risk management and governance functions. Kumar brings more than 22 years of experience across risk management, banking, financial services, strategic planning and economic research. In his new role, he will focus on strengthening the […]
CW Bureau
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Nov 5, 2026
GENERAL
Aurobindo Pharma Acquires A1 Biochem Research Unit For ₹147 Cr
Aurobindo Pharma Ltd, through its wholly owned subsidiary Apitoria Pharma Pvt Ltd, has acquired the contract research services business of A1 Biochem Group for ₹147 crore, strengthening its presence across the active pharmaceutical ingredient (API) lifecycle. As part of the transaction, Apitoria now holds an 80% stake in A1 Biochem Labs (India) Pvt Ltd, while […]
CW Bureau
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Oct 2, 2026
GENERAL
Aurobindo Pharma To Acquire 80% Stake In A1 Biochem CRO Business
Aurobindo Pharma Ltd, through its wholly owned subsidiary Apitoria Pharma Pvt Ltd, will acquire an 80% stake in the Contract Research Services business of A1 Biochem Group. The acquisition will be completed within 90 to 120 days for cash consideration at an enterprise value of $17 million on a debt-free and cash-free basis. Building CRDMO […]
CW Bureau
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Jul 24, 2026