CCI decision on Sun-Ranbaxy deal before month end, says Chawla
This big ticket deal in the pharma space is also the first M&A transaction to have gone through public scrutiny amid concerns of adverse impact on fair competition in the market.
Nov 21, 2014, 21:37 PM ISTSun Pharma recalls 68,194 bottles of anti-depression drug in US
Drug major Sun Pharma is voluntarily recalling 68,194 bottles of its Venlafaxine Hydrochloride Extended-Release tablets, used to treat major depressive disorder, in the US market.
Nov 17, 2014, 18:44 PM ISTCCI to decide on Sun-Ranbaxy deal by month-end: Chawla
Competition Commission is likely to take the final decision in the USD 4 billion Sun Pharma-Ranbaxy deal by the end of this month, fair trade watchdog's chairman Ashok Chawla has said.
Nov 14, 2014, 15:17 PM ISTSun Pharma Q2 net profit up 15% at Rs 1,572 cr
Sun Pharma Thursday said its consolidated net profit rose by 15 percent to Rs 1,572 crore for the second quarter ended September 30.
Nov 13, 2014, 17:56 PM ISTCCI to take final call on Sun Pharma-Ranbaxy deal this month
CCI is likely to finalse this month its decision on the USD 4 billion Sun Pharma-Ranbaxy deal -- the first M&A transaction to have gone through public scrutiny.
Nov 06, 2014, 15:36 PM IST'Pharma cos may post robust top-line growth in Q2'
Russia/CIS and Japan growth is likely to be muted given the rouble/yen depreciation versus the Indian rupee.
Oct 12, 2014, 12:39 PM ISTDrReddy's, Sun Pharma among 14 firms probed by US over drug price
India's pharma majors Dr Reddy's and Sun Pharma are among 14 drug makers which are being probed by the US Congress over price escalation of generic drugs.
Oct 08, 2014, 21:06 PM ISTBenefit of Ranbaxy deal to accrue in few years: Sun Pharma
It will take a "few years" for Sun Pharma to realise the benefits of its USD 4 billion takeover of Ranbaxy, said the company's Chairman Israel Makov.
Sep 29, 2014, 16:38 PM ISTAdani, Amul 'platinum patrons' for Modi's Madison event
For Prime Minister Narendra Modi's rock-star like reception by over 18,000 Indian-Americans, Gujarat-based Adani and Amul groups are among the 'diamond patrons'.
Sep 28, 2014, 21:13 PM ISTRanbaxy says US authorities seek information on pricing data
The company said it had received a civil investigative demand (CID) from the US Department of Justice (DOJ) and that it would fully cooperate with the investigation.
Sep 17, 2014, 18:23 PM ISTSensex dips below 27K level, down 126 points on profit-booking
The NSE 50-share Nifty also slipped by 32.50 points, or 0.40 percent, to 8,061.60 after rising to 8,127.95 in early trade.
Sep 11, 2014, 12:47 PM ISTCCI says Sun-Ranbaxy deal may hit competition; seeks comments
In the first-ever public scrutiny of an M&A deal in India, fair trade watchdog CCI on Thursday invited comments from all stakeholders, including general public, on finer details of USD 4-billion merger of Ranbaxy Labs into rival Sun Pharmaceuticals.
Sep 04, 2014, 12:13 PM ISTSun-Ranbaxy deal: CCI raises concerns about molecules market
Sun Pharma and Ranbaxy had announced a USD 4-billion deal that would create one of the top five largest speciality generics company in the world.
Aug 29, 2014, 13:51 PM ISTSun Pharma unit recalls mutiple lots of capsules from US
Caraco Pharmaceutical Laboratories , a unit of Sun Pharma, has initiated a recall of multiple lots of Cephalexin capsules from the US market.
Aug 15, 2014, 11:15 AM ISTSun Pharma posts profit of Rs 1,390 cr in Q1
Sun Pharma Tuesday posted a consolidated net profit of Rs 1,390.51 crore for the first quarter ended June 30.
Aug 13, 2014, 00:21 AM ISTSun Pharma-Ranbaxy deal comes under CCI scanner
CCI would take a final view on the deal after receiving details from them and could seek more information if it is not satisfied with the responses.
Aug 08, 2014, 12:34 PM ISTSun Pharma to seek shareholders nod for Ranbaxy acquisition
In a filing to the BSE, the company said the meeting would be held at Vadodara on August 22, 2014.
Jul 30, 2014, 19:06 PM ISTManagement rejig at Ranbaxy; Arno Gessner replaces Dale Adkisson
Meanwhile the company has made Alexander Gebauer as its new head of global research and development.
Jul 26, 2014, 11:16 AM ISTSun Pharma-Ranbaxy deal gets BSE, NSE clearance
The combination of Sun Pharma and Ranbaxy creates the fifth-largest speciality generics company in the world and the largest pharmaceutical company in India.
Jul 21, 2014, 13:33 PM ISTSun Pharma acquires US-based Pharmalucence
Sun Pharma shares were trading at Rs 748.30, up 1.30 percent from its previous close.
Jul 16, 2014, 10:37 AM IST