SEBI exempts Trust from making open offers for Torrent Group Companies MD bureau15 Jan 2020 10:00 AM IST The trust currently does not hold any shares in these three firms. Pursuant to the scheme of amalgamation, the trust will hold over 71.2 per cent...
Penalty levied by SEBI on Jubilant Life Sciences reduced to Rs 5 lakh Medical Dialogues Bureau8 Nov 2019 9:30 AM IST"We have found that the appellant in... Jubilant Life Sciences would be liable for a penalty only on one count i.e. for non-disclosure of the China...
Cipla gets 12 USFDA observations for Goa facility Medical Dialogues Bureau30 Sept 2019 3:15 PM IST"The United States Food and Drug Administration (USFDA) conducted a cGMP inspection at our Goa manufacturing facility from September 16-27, 2019,"...
Fortis Healthcare Case: SEBI partially modifies order against Religare Finvest Farhat Nasim1 July 2019 11:31 AM ISTIn the matter of Fortis Healthcare, SEBI recently noted that the proposed measures like the restructuring of RFL's debt, assignment of its gross...
Ressurecting Sun Pharma: Shanghvi committed to pharma business; surrenders NBFC licence Meghna A Singhania29 May 2019 2:37 PM ISTNew Delhi: The billionaire entrepreneur, Dilip Shanghvi, founder of the 1983 established drug giant Sun Pharmaceuticals (Sun Pharma) is striving to...
Fortis investors move SEBI over delay in IHH open offer, ask for interest: Report Meghna A Singhania23 May 2019 5:22 PM ISTNew Delhi: Displeased with delay in an open offer to buy an additional stake, a few of the shareowners holding minor shares of Fortis Healthcare Ltd...
SEBI asks Fortis to recover Rs 403 crore from Singh Brothers; FHL informs HC Meghna A Singhania15 May 2019 12:20 PM ISTFortis made the submission in a recent affidavit filed in an ongoing case by Japanese drugmaker Daiichi Sankyo against the Singh brothers and their...
Fortis tightens financial noose around Singh brothers; likely to move Delhi HC Farhat Nasim11 May 2019 5:43 PM ISTNew Delhi: Surrounded by controversies, Singh brothers is likely to face judicature as Fortis Healthcare Ltd (FHL) plans to a reach out to the Delhi...
Insider trading: Sun Pharma Senior Executive, wife pay over Rs 70 lakh settlement to SEBI Meghna A Singhania12 April 2019 10:59 AM ISTAbhay Arvind Gandhi and his wife traded in Ranbaxy shares soon after Japanese major Daiichi, in 2014, agreed to sell Ranbaxy to Sun Pharma. New Delhi:...
Panacea Biotec Bail out: Piramal, Bain offer Rs 992 crore deal Garima9 April 2019 9:45 AM ISTMUMBAI: India Resurgence Fund (IRF) led by Piramal Enterprises and Bain Capital Credit recently said it will invest Rs 992 crore in New Delhi-based...
Oops- Biocon chief fined Rs 9.5 lakh by Infosys Garima1 March 2019 5:51 PM ISTIn its filing, the company stated that such trade is a violation of the Company's Insider Trading Policy and the Sebi (Prohibition of Insider Trading)...
Fortis Healthcare petitions SEBI seeking arrest of Singh brothers Farhat Nasim26 Feb 2019 11:02 AM ISTOn January 18, 2019, the SEBI deadline for notices to pay back money to Fortis expired and on February 13, 2019, a petition was filed by Fortis with...