GlaxoSmithKline News

The milky way: Can Unilever-Horlicks deal make health drink sector taller, stronger

As India’s largest consumer goods company picks up Horlicks, the biggest brand in the health food drinks sector, as part of a Rs 31,700 crore deal with GlaxoSmithKline, The Indian Express on whether Hindustan Unilever’s acquisition can help revive a flagging sector and make it “taller, stronger, sharper”

Made in India

But do read the subtext: Rotavac was created in collaboration with the world.


Chinese police charge former GSK China head with bribery

GSK is Britain’s biggest drugmaker.

GSK posts net profit at R172 cr in last quarter

The company said it has changed the accounting year from January-December to April-March.

Novartis, GSK, Eli Lilly trade assets as global pharma industry reshapes

Overhaul is part of realignment in a sector that is coping with steep govt spending cuts.

GSK recalls weight-loss drug in US on tampering concerns

The British group said it believed that some US bottles of Alli might not contain authentic product.


GlaxoSmithKline raises India unit stake to 75% via open offer

GSK shares were down 5.27 per cent to close at Rs 2,509.80 on the BSE.

FIPB clears Glaxo’s proposal to hike stake in local unit

GlaxoSmithKline Pharmaceuticals is already majority owned and controlled by the GSK Group.

GlaxoSmithKline seeks FIPB nod to hike stake in Indian arm

GSK has approached FIPB to hike stake by buying 24.33 pct for an estimated Rs 6,400 cr

Yearender: Global FMCG majors PepsiCo,Unilever,GlaxoSmithKline bet big on India

2013 saw global beverages major PepsiCo announcing to invest Rs 33,000 cr in Indian operations.