Business Success Story: From Rags to Pharma Riches, Dilip Shanghvi's Inspiring Journey to Billionaire Success
When he started his pharma company in 1983 with 5 products and 5 people, hardly anyone could guess the success he will achieve. In 1987 when the company began selling on a national scale, it was ranked 108th. Now it ranks 6th, which is nothing short of mind-blowing.
Dec 19, 2023, 12:28 PM IST
The Man Behind Rising 'Sun': Tale Of A Crorepati Druggist Who Borrowed Rs 10,000 To Start Business, Has A Net Worth Of Rs 1,46,090 Crore
Sun Pharmaceutical: Dilip Shanghvi, the 67-year-old Gujarati business tycoon, is the second-richest billionaire in the pharmaceutical sector after Cyrus Poonawalla. According to Forbes, Shanghvi's net worth is approximately Rs 1,46,090 crore. He is listed as the 97th richest person in the world by the magazine.
Jul 20, 2023, 22:27 PM IST
Who is Dilip Shanghvi? This Person Started Company With Capital Investment Of Just Rs 10,000, Now Has Net Worth Of Rs 1,32,963 Crore
Dilip Shanghvi is the founder and managing director of Sun Pharmaceutical Industries Limited, India's most valuable listed pharma outfit.
Jun 21, 2023, 10:56 AM IST
NSDL hopes to launch payments bank by May
NSDL on Wednesday said it has applied to the Reserve Bank for the final licence for its payments bank and is aiming to launch the entity by May.
Mar 15, 2017, 18:28 PM IST
Demonetisation impacts billionaire club; Mukesh Ambani with net worth of $26 billion remains richest Indian
India's richie rich club has shrunk by 11 people since the demonetisation last November, while Mukesh Ambani remains the richest Indian with a net worth of USD 26 billion, a study showed on Tuesday.
Mar 07, 2017, 19:48 PM IST
Tech Mahindra becomes 3rd entity to quit payments bank plan; cites margin concerns
Tech Mahindra is the third applicant to abandon the plan to set up payments bank after Cholamandalam which quit last month and Dilip Shanghvi-IDFC Bank-Telenor combine last Friday.
May 24, 2016, 21:14 PM IST
Know the business stalwarts who were given Padma award this year
A host of leaders from the business world have recieved Padma awards this year. Check out the list.
Mar 28, 2016, 12:25 PM IST
Sun Pharma Q3 net profit surges over 3-fold to Rs 1,417 crore
Sun Pharmaceutical Industries on Friday posted an over three-fold jump in its consolidated net profit at Rs 1,416.60 crore for the December quarter, driven by robust sales in domestic as well as international markets.
Feb 12, 2016, 17:17 PM IST
Mukesh Ambani, Azim Premji, Dilip Shanghvi among world's 50 wealthiest people
Three Indians - Mukesh Ambani, Azim Premji and Dilip Shanghvi - have made it to a global list of 50 wealthiest people that is topped by Bill Gates.
Jan 28, 2016, 12:46 PM IST
India's busines tycoons named for Padma Awards
Business tycoon late Dhirubhai Ambani and construction magnate Pallonji Shapoorji Mistry are among industrialists chosen for this year's highest civilian awards that recognise the country's best talents.
Jan 25, 2016, 21:11 PM IST
Dilip Shanghvi, promoters to make open offer to buy 26% Suzlon stake
The offer, that would begin on December 28 and close on January 8, 2016, comes after Shanghvi decided to acquire 23 percent stake in Suzlon with an equity investment of Rs 1,800 crore. The deal was announced earlier this year.
Dec 16, 2015, 23:35 PM IST
India's Top 10 Richest People in 2015
Mukesh Ambani has retained the tag as India’s richest for the ninth year in a row with a net worth of USD 18.9 billion even as declining macroeconomic barometers flattened the fortunes of the count
Dec 05, 2015, 13:17 PM IST
Sun Pharma Q2 net profit dips 46% to Rs 1,107 crore
Drug major Sun Pharmaceutical Industries on Saturday reported 46.02 percent dip in its consolidated net profit at Rs 1,106.66 crore for the second quarter ended September 30, 2015 on account of lower sales, volatile currency movements and supply constraints.
Nov 07, 2015, 18:12 PM IST
Ranbaxy integration: Sun may drop some non-strategic units
Sun Pharma may discontinue certain non-strategic businesses as part of its integration process with Ranbaxy Laboratories, which it acquired in a USD 4 billion deal last year.
Nov 01, 2015, 10:58 AM IST
'Indian pharma industry capable of discovering new drugs'
Indian pharma industry is capable of discovering at least a couple of new drugs in the next 10 years, Sun Pharmaceutical Industries founder and managing director Dilip Shanghvi said today
Aug 29, 2015, 20:22 PM IST
Sun Pharma may file new drug application with USFDA: Shanghvi
India's largest drugmaker Sun Pharma may file application for a new drug with the US Food and Drug Administration in next two to three years, the company's Managing Director Dilip Shanghvi said on Thursday.
Jul 30, 2015, 20:47 PM IST
Sun Pharma asks some Ranbaxy employees to leave, post merger
Sun Pharmaceutical Industries has started easing out excess employees from Ranbaxy, including senior executives, following completion of its USD 4 billion acquisition of the Gurgaon-based firm.
Jun 18, 2015, 16:36 PM IST
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.
Jun 18, 2015, 12:23 PM IST
Open to acquisitions but selective with targets: Sun Pharma
"We continue to remain opportunistic for acquisition... We are not looking at buying businesses where we have to spend a lot of time in managing," Sun Pharma MD Dilip Shanghvi said in an analyst call.
May 31, 2015, 12:30 PM IST
CCI approves Shanghvi's deal with Suzlon
Competition Commission has cleared billionaire Dilip Shanghvi's proposed Rs 1,800-crore stake buy in wind turbine maker Suzlon Energy.
May 08, 2015, 21:18 PM IST
