Foreign lenders to Wockhardt have succeeded in stalling the debt-ridden pharmaceutical company's attempts to sell its nutrition business to Abbott Laboratories. The move is, however, unlikely to......
Mismatch in valuations and clash of interest among stakeholders have resulted in some big ticket merger and acquisition deals in India, amounting to nearly $17 billion, going sour this year. Deals......
Wockhardt's efforts to restructure its operations have received a boost with the Bombay high court declining to grant an injunction sought by a section of its investors to stall the divestment of......
The commerce ministry has sought a review of foreign direct investment policy in the pharmaceutical sector, in the light of recent takeovers of domestic companies by multinationals. Quoting from a......
The department of pharmaceuticals under the ministry of chemicals and fertilisers has proposed that the government set up an expert group to assess the impact of foreign direct investment in this......