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Third-party loan to be settled, no deal with realty firm: Sun Pharma

January 23, 2019 5:08 am

The company also said it has not given any loans or guarantees to Suraksha Realty — controlled by Sun Pharma’s co-promoter Sudhir Valia. “The company states unequivocally that it does not have any financial transactions with Suraksha Realty,” it said.

Sun Pharmaceutical stock falls on new ‘whistleblower complaint’

January 19, 2019 7:54 am

In a stock exchange filing, Sun Pharma said, “the company has not received the alleged 172–page whistle blower complaint and therefore we are not privy to the contents of the document being referred in the said media article.

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USFDA warning pulls down Sun’s earnings forecast

December 22, 2015 1:53 am

Shares of Sun Pharma ended down 4.55 per cent or Rs 36 at Rs 754.45 per share. The stock declined nearly 7.5 per cent intraday — the most since July 21 this year, Bloomberg data showed.

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Sun Pharma faces class action suit

August 29, 2015 1:41 am

Sun Pharmaceutical is under scrutiny for having laid off hundreds of workers at the company's US-based subsidiary Caraco Pharmaceutical Labs without prior notice.

Sun Pharma to buy GSK’s Opiates biz in Australia

March 04, 2015 2:48 am

The transaction, subject to requisite regulatory and other approvals, is expected to close by August 2015.

SC finds fault in stay on Ranbaxy merger deal

May 22, 2014 12:59 am

The bench observed that the filing of writ petitions in the Andhra High Court may signify “forum shopping” in view of the fact that petitions on merger were already pending before high courts of Gujarat and Punjab.