The deal between Ranbaxy and Daiichi Sankyo has encountered another obstacle which is forcing the promoter of Ranbaxy Company Mr. Malvinder Singh and family to pay a sum of Rs 1,000 crore to the government [...]
Ranbaxy
The Ranbaxy-Sankyo deal moves one step ahead to completion when the Board of Directors of Ranbaxy Laboratories finally gave a green signal by approving the allotment of equity shares and warrants to Daiichi on a [...]
It seems that the tough times for Ranbaxy Laboratories are not going to stop soon. The drug major which has been facing serious charges from the US Food & Drug Administration for ‘misrepresentation of data’ [...]
Ranbaxy Laboratories, the leading drug manufacturer of the country today reported a net loss of Rs 1004.8 crore for the year 2008 whereas it posted a net profit of Rs 617.7 crore in 2007. Despite [...]
The global financial services company has said that the warning issued to Ranbaxy regarding its Ohm plant will lower its stock price, the company added that the stock was overpriced anyways. Recently, Ranbaxy, one of [...]
Pharma major Ranbaxy Laboratories has seen a fall of around 5 percent in its stock value on account reports attributing the US FDA of asking the company to review its manufacturing processes which are responsible [...]
Leading Pharma giant Ranbaxy has posted stellar profit of Rs960cr for the quarter ending March 2010 and its profit for the quarter also makes for an impressive reading given the fact that the company posted [...]
