Fmr Ranbaxy Promoters Fined: Fine Of `2.6K Cr Imposed On Malvinder & Shivinder

Описание: Former Ranbaxy promoters, Malvinder and Shivinder Singh have suffered a major setback earlier this week. The Singapore court of arbitration has imposed a fine of Rs 2,600 crore on them. This for concealing and misrepresenting facts from Japanese pharmaceutical company Daiichi Sankyo when they sold the promoters' stake for 2.4 billion Dollars in 2008. Ashmit Kumar brings us all the details.