Former Ranbaxy promoters Malvinder and Shivinder Mohan Singh fined Rs 2,600 cr for hiding facts from Daiichi
NEW DELHI: Malvinder Mohan Singh and Shivinder Mohan Singh, the erstwhile promoters of RanbaxyBSE 5.63 % Laboratories suffered a major setback earlier this week when the Singapore Court of Arbitration awarded about Rs 2,600 crore ($400) million fine for concealing and misrepresenting facts from Japanese pharmaceutical company Daiichi Sankyo when they sold the promoters’ stake […]
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