The Press Editor

Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Wednesday as oil prices edged higher after fresh attacks in the US-Iran conflict. While the 30-share BSE Sensex dropped 69.38 points or 0.09 per cent to start the session at 76,446.05, the Nifty opened with a drop of 14.55 points to 23,883.15. In the last trading session, the Sensex closed at 76,515.43 and the Nifty 50 at 23,897.70. Similarly, the broader indices traded in the red in the early trading session. While the BSE Midcap Select Index was down by 75.01 points, the BSE Smallcap Select Index…

Shares of BSE-listed Sudarshan Pharma Industries Limited will be in focus during today's trading session after the company announced its strategic expansion into the US market through a new acquisition. According to information shared with exchanges, the company's board of directors has approved the acquisition of Delaware-registered MedTherapy Biotechnology Inc. The company will acquire a 9.50 per cent equity stake in the target entity. MedTherapy Biotech works toward making cancer treatment affordable and accessible to almost every patient.  “We see substantial potential to combine advanced biotechnology, cost-efficient manufacturing and international commercialisation. This association could open significant opportunities across the United…