Dilip Shanghvi
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Sun Pharma shares pledged to raise fund for Suraksha; realty firm uses same method thrice in past two years for money
Fp Staff •Shanghvi Finance, which is a major shareholder in Sun Pharma, pledged a portion of its stake in India’s largest drugmaker to facilitate Suraksha Realty for raising Rs 100 crore through commercial paper.
Sebi examines whistleblower complaint against Sun Pharma: All you need to know about issue plaguing drugmaker
Fp Staff •In August 2017, Sun Pharmaceutical, Shanghvi and nine other entities settled an insider trading probe on payment of Rs 18 lakh towards settlement charges
Sun Pharma shares drop 3% as SEBI examines whistleblower complaint against the company
•Shares of Sun Pharmaceutical fell over 3 percent on Thursday, a day after markets regulator SEBI said it is examining the whistleblower complaint against the company.
Sun Pharma open to evaluate some past decisions; has not received any query so far from SEBI: Dilip Shanghvi
Fp Staff •Dilip Shanghvi, founder and managing director of Sun Pharma said the company will work towards re-establishing credibility and corporate governance
Sun Pharma shares slump 10% as SEBI plans to reopen insider trading case to probe alleged lapses by some of its promoters
•Shares of Sun Pharmaceutical tumbled over 10 percent on Monday as markets regulator SEBI may reopen an insider trading case against the firm and probe alleged lapses by some of its promoters
Sensex surges over 200 points on US-China trade truce; Nifty up; metal, realty, FMCG stocks biggest gainers
•The Sensex was trading 181.52 points, or 0.50 percent, higher at 36,375.82 at 0945 hrs.
Forbes billionaires 2018 ranking: With $40 bn, Mukesh Ambani richest Indian; Jeff Bezos tops global rich list
•Mukesh Ambani's net worth has soared to $40.1 billion, making him the richest Indian for the 11th year in a row, while Amazon founder Jeff Bezos toppled Bill Gates as the world's wealthiest person, says Forbes
Mukesh Ambani tops Forbes' 2017 list of India's 100 richest tycoons, Azim Premji ranks second
Ians •According to the Forbes list, the total wealth of India's top 100 billionaires, which stands at a whopping $479 billion, is more than the country's foreign exchange reserves estimated at $402.5 billion in September 2017
Sun Pharma Q3 profit dips 5% to Rs 1,472 crore; co to focus on existing business
•The company's total income from operations rose however to Rs 7,912.66 crore for the third quarter of the current fiscal, from Rs 7,122.31 crore in the year-ago period
Mukesh Ambani retains India's top businessman list for 9th year with networth at $22.7 bn: Forbes
•Sun Pharma's Dilip Shanghvi was ranked a distant second with a wealth of $16.9 billion