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Ranbaxy News

Shivinder Mohan Singh

06 Sep 2021

Delhi police arrests Leena Maria Paul for duping Ranbaxy ex-founder's wife

Police have invoked MCOCA Act against accused. Paul allegedly helped Sukesh Chandrasekhar for the crime. An FIR was registered on August 7.

11 Oct 2019

Delhi HC reserves order on Malvinder's plea against seeking quashing of FIR

Malvinder Mohan Singh, who was arrested on Thursday, had earlier today moved the court seeking quashing of the case registered against him. The EOW has also arrested his brother Shivinder, Sunil Godhwani, who is a former MD of Religare, Kavi Arora and Sunil Saxena in a separate case.

Shivinder Mohan Singh

10 Oct 2019

Former Ranbaxy promoter Shivinder Mohan Singh arrested on charges of cheating

It may be recalled that Shivinder Mohan Singh and Malvinder Mohan Singh were booked by Economics Offence Wing of Delhi Police in March 2019 on charges of cheating, criminal conspiracy and breach of trust related to Religare Enterprises and its subsidiary Religare Finvest Limited (RFL).

Enforcement Directorate

01 Aug 2019

ED conducts raids at homes of Ranbaxy group promoters Malvinder, Shivinder

Singh brothers were booked in March on charges of cheating, criminal conspiracy and breach of trust related to Religare Enterprises and its subsidiary Religare Finvest Limited (RFL).

05 Apr 2019

We will send you to jail: SC to ex-Ranbaxy promoters

The court was hearing a petition filed by Daiichi Sankyo, which is seeking to recover Rs 3,500 crore awarded to it in an arbitration by a Singapore tribunal against the Ranbaxy brothers.

14 Mar 2019

How will you comply with Rs 3500 cr arbitral award, SC asks Singh brothers

The bench asked the Singh brothers to appear before it on March 28 and submit the plan.

06 Jun 2016

Prices of 56 drugs to come down; NPPA fixes ceiling rates

Prices may come down of 56 important medicines used in treatment of cancer, diabetes, bacterial infections and high blood pressure, with the government fixing their ceiling prices under the drug pricing control mechanism.

Sun Pharmaceutical

09 Oct 2015

Sun Pharma withdraws suit filed by Ranbaxy against USFDA

The lawsuit challenged FDA's revocation of Ranbaxy's tentative approvals for its generic versions of Nexium and Valcyte in the US.

Strides Arcolab

21 Sep 2015

Strides Arcolab shares up 4% on Sun Pharma deal

Shares of Strides Arcolab rose by 4 percent Monday as it entered into a pact with Sun Pharma to buy from it erstwhile Ranbaxy's two divisions in central nervous system (CNS) segment in India for Rs 165 crore.

19 Sep 2015

Sun Pharma to sell Ranbaxy's 2 CNS divisions to Strides for Rs 165 crore

Sun Pharmaceutical Industries Ltd is selling erstwhile Ranbaxy's two divisions in central nervous system (CNS) segment in India to Strides Arcolab for Rs 165 crore.

21 Jul 2015

Nifty tumbles 74 points on frantic selling; pharma stocks tank

The broader 50-share NSE Nifty opened higher at 8,601.50 and fluctuated between a high of 8,646.75 and low of 8,517.90 before ending at 8,529.45, a sharp fall of 74 points, or 0.86 percent.

18 Jun 2015

Sun Pharma asks 18 top brass of Ranbaxy to resign

This comes after a year after the Dilip Shanghvi-led firm acquired Ranbaxy in an all-stock deal and the company's Q4 profits shrank 44 per cent due to costs incurred in assimilating the buyout.

07 Jun 2015

Focus on getting Ranbaxy's plants USFDA nod one at a time: Sun Pharma

The Mumbai-based drug major, which acquired Ranbaxy in a USD 4 billion deal, feels it is important for the merged entity to "re-establish" the trust between Ranbaxy and the US Food and Drug Administration (USFDA).

22 Apr 2015

Daiichi Sankyo exits Sun Pharma; ends 7 years of tumultuous ride in India

The company, which had forayed into the growing Indian pharmaceutical market by buying a majority stake in Ranbaxy Laboratories in 2008 for Rs 22,000 crore, sold over 21 crore shares in Sun Pharma.

21 Apr 2015

Sun Pharma shares tank 11% as Daiichi completes exit

Shares of Sun Pharmaceutical on Tuesday plunged nearly 11 percent after Japan's Daiichi Sankyo announced selling its entire holding in the Indian drug major for an estimated Rs 20,420 crore.

21 Apr 2015

Sun Pharma slumps most in near six years on Daiichi's share sale

Shares of Sun Pharmaceutical Industries Ltd slumped as much as 10.9 percent on Tuesday, heading towards their biggest daily fall since June 2009 after Japan`s Daiichi Sankyo Co Ltd started selling its stake in the Indian drugmaker.

01 Apr 2015

Sensex surges 302 points; logs 1st weekly gain in three weeks

The 50-share NSE Nifty also rose by 95.25 points or 1.12 percent, to 8,586.25 after hitting today's high of 8,603.40.

27 Mar 2015

BSE to discontinue trading in Ranbaxy from April 6

The BSE has decided to delist Ranbaxy scrip from S&P BSE 100, S&P BSE 200, S&P BSE 500, S&P BSE Healthcare and S&P BSE Carbonex indices from April 6.

24 Mar 2015

Sun Pharma, Ranbaxy rise after regulatory nods for merger deal

At the end of today's trade, Sun Pharmaceutical Industries ended at Rs 1,039.85, up 1.55 percent and Ranbaxy Laboratories closed at Rs 819.55 apiece, up 1.86 percent.

24 Mar 2015

Sun Pharma, Ranbaxy rise after regulatory nods for merger deal

Shares of Sun Pharmaceutical Industries and Ranbaxy Laboratories today settled in the positive territory after regulatory nods paved the way for completion of their USD 4-billion merger.

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