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Why Ranbaxy promoters Malvinder, Shivinder Singh were arrested? Read all about it
Fri, Oct 11, 2019
Former promoters of pharmaceutical giant Ranbaxy, Shivinder Singh and his elder brother Malvinder Singh, were arrested in an alleged Rs 740 crore fraud case on Thursday. While Shivinder was arrested on Thursday evening, Malvinder was arrested late at night.
Ligare Aviation, airline business of Malvinder and Shivinder Singh, books 'unimaginable losses'
Thu, Sep 06, 2018
The airline was started in 2006 as Ran Air Services and offered turboprops, helicopter, jets as part of its non-scheduled operations. The airline later got into air ambulance service and even toyed with the idea of starting fraction ownership model. The company not only offered services to corporates, to politicians during elections, etc, but also set up an entire eco-system for the aviation industry, including crew training centres, air craft maintenance units, which incurred huge investments.
Sun Pharma shares rise as USFDA clears Mohali facility
Tue, Mar 14, 2017
Sun Pharma said, “It's subsidiaries or associate was informed by the US FDA yesterday, that it will lift the import alert imposed on the Mohali (Punjab) manufacturing facility and remove the facility from the official action initiated (OAI) status."
Commerce Ministry commissions study to assess impact of FDI on pharma sector
Sun, May 29, 2016
The experts would look into issues like the impact of foreign direct investment (FDI) in the brownfield pharmaceutical companies and access to affordable medicines, the official said, adding access to medicines can be ensured only when India would have a strong generic medicine industry.
Sun Pharma, Daiichi terminate transaction pacts
Thu, May 26, 2016
Last year Daiichi sold its entire stake of around 9% in Sun Pharmaceutical Industries for over Rs 20,420 crore