BRIEF-Varian Medical Systems acquires majority stake in MeVis Medical Solutions

* Varian Medical Systems acquired majority stake in MeVis Medical Solutions AG

6:36pm IST

UPDATE 1-Teva makes $82 per share offer for Mylan

TEL AVIV/NEW YORK, April 21 - Generic drugmaker Teva Pharmaceutical Industries Ltd. said on Tuesday that it had proposed buying rival Mylan for $82.00 per share in a mix of stock and cash.

6:27pm IST

SNAPSHOT-India stocks, bonds, rupee, swap, call at close

Indian shares fell for a fifth straight session and closed at their lowest in nearly four weeks as Sun Pharmaceutical Industries plunged after Japan's Daiichi Sankyo's $3.6 billon share sale in the company. The benchmark BSE index fell 0.75 percent and the broader NSE index dropped 0.83 percent.

5:36pm IST

Surging medical, nursing care costs strain Japan's public finances

TOKYO, April 21 - A panel of Japanese lawmakers has calculated the country's medical and nursing care costs will rise 4 trillion yen ($33.50 billion) over the next five years, people involved in the process said on Tuesday, highlighting the strains placed on public finances by a fast-ageing population.

4:56pm IST

Teva declines to comment on report it to make offer for Mylan

TEL AVIV, April 21 - Shares in generic drugmakers Teva Pharmaceutical Industries and Mylan jumped in pre-market trade in New York on a report from Bloomberg that Teva could make a public unsolicited offer for Mylan as soon as Tuesday.

4:41pm IST
BSE OIL & GAS -1.08%
BSE AUTO -1.31%
BSE POWER -0.73%
BSE-CG -0.48%


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Wipro promotes Premji heir apparent to board

BENGALURU - Wipro Ltd, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot.