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Sun shines despite Taro's underperformance
Sun Pharmaceutical Industries recorded a good show for the quarter ended June this year, despite a below-par performance by Taro Pharma, its US subsidiary. At Rs 1,390 crore (Rs 13.90 billion), Sun......
M&A picks up, white knights are riding into India
In 2007, Israeli drugmaker Taro Pharmaceutical was in trouble. Inventories and debtors mounted, and it ran out of cash after a string of US acquisitions. When Dilip Shanghvi, chairman of Sun......
Sun Pharma buys controlling stake in Taro
Sun Pharmaceuticals on Wednesday said it has acquired a controlling stake in Israeli pharma major Taro Pharmaceuticals. On September 8, Sun Pharma had got a favourable ruling from the Israeli......
Sun may sue Levitt for Taro stake
Sun Pharmaceutical's three-year battle to take control of Israel's Taro Pharmaceutical is far from over. The Indian company will now go all out to acquire shares from promoter Barrie Levitt and......
Sun Pharma claims victory over Taro
Sun Pharma, which was fighting a takeover battle with Israeli pharma major Taro, on Wednesday said that the Supreme Court of Israel has given the ruling in favour of the company.The Court has......
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