A day after Japanese drugmaker Daiichi Sankyo legal threat against Ranbaxy, founder Malvinder Mohan Singh hits back saying that the Japanese drug giant was “trying desperately to shift the blame away from itself.” Gaurav Choudhury reports. The root of the dispute
Abu Dhabi carrier Etihad’s Rs. 2,058-crore stake purchase in Jet Airways seems to have hit an air pocket, with regulators seeking more clarity on the deal to ensure overall competition in the aviation market is not affected and interests of public shareholders and consumers are protected.
The BSE Sensex on Thursday plummeted 388 points, or 1.9%, to 19,674 on Thursday in line with nervous global markets after concerns that the US may scale down its bond-buying stimulus to inject money supply for growth. HT reports. Dollar-induced doldrums