Dinesh Thakur is famous for exposing Ranbaxy safety problems
A probe finds several pharma majors in breach of the law; and in turn they blame the government.
Experts suggest six ways to play stocks that tank suddenly and make money as Sanjay Kumar Singh listens in
The capital market regulator has to recover Rs 64.85 lakh (Rs 6.48 million) from Ranbaxy's former independent director V K Kaul and Rs 12.97 lakh (Rs 1.29 million) from his wife Bala Kaul.
Based on a writ petition filed by some individual investors, the High Court while ordering the status quo on Friday, issued notices to SEBI, BSE, NSE, Sun Pharma, Ranbaxy, Daichii Sankyo and Silver Street Developers.
Sensex gained nearly 0.4% or 96 points at 26087 level while Nifty ended up by 42 points or 0.5% at 7,791.40 level.
The Competition Commission of India and the US Federal Trade Commission are yet to give their nod to the biggest pharma merger and acquisition deal this year in the Asia-Pacific region.
The FDA actions eventually led to a $500-million fine for Ranbaxy as well as the effective mothballing of many of its Indian factories.
Prosecutors unveiled charges against Valvani alleging he fraudulently made $25 million by getting advance information about US Food and Drug Administration approvals of generic drug applications
Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.
The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
USL is already contesting a Karnataka High Court order.
Legal experts and official sources said the alleged submission of fake documents can also lead to criminal charges against Novartis.
Fraud is a big concern among many board members.
Babulal 'Bob' Bera, US Congressman Ami Bera's 83-year-old father, faces five years in prison.
The bank wanted to run a background check on some Indian promoters.
Even as India continues on the priority watch list of the Office of the US Trade Representative, strong voices from Washington, DC, have spoken out in favour of India, reports Aziz Haniffa/Rediff.com.
Bharat Biotech started work on developing a vaccine against Zika way back in 2014.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
Torrent to buy Ranbaxy's anti-bacterial generic
A group of retired civil servants also called upon the PM to reach out to the families of the victims in Unnao and Kathua and "seek their forgiveness on behalf of all of us".
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
'I have noticed how a certain country wants to establish the presence of ISIS in Bangladesh.' 'Are these terrorists working under some religious inspiration or they are being lured by an obnoxious amount of money?' 'For some mysterious reasons, no action is taken by the government against suspicious organisations.'
Few top honchos of India Inc did very well in 2014.
Indian economy about to take-off
