Ranbaxy-Daiichi Deal Reaches 1,000 Crore Obstacle

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 so as to finalise the transaction. The deal is already under question from the stock exchanges which have objected the [...]