Markets end low as investors book profits

Key benchmark indices ended 0.4% lower as investors booked profits after the recent rally which pushed stock valuations to record highs. Markets dipped as investors booked profits after sharp gains......

Ranbaxy may reduce global sales team

Even as trouble thickens for drug maker Ranbaxy Laboratories, the company is now considering downsizing its global sales force by around a third.A majority of the job cuts would be in the US, it is......

Ranbaxy 'systematically violated' norms: Whistleblower

Ranbaxy Laboratories "systemically violated" good manufacturing practices, says the whisteblower whose alert led to a US probe, a day after India's top drugmaker agreed to pay a hefty $500 million......

Ranbaxy to pay $500 mn to settle US fraud charges

The country’s biggest drugmaker, Ranbaxy Laboratories on Monday agreed to pay $500 million (around Rs 2,743 crore) to resolve fraud allegations made in a whistle-blower’s lawsuit and......