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STERLING BIOTECH ACQUISITION
Zydus Lifesciences to buy 50% stake in Sterling Biotech for Rs 550 croreSterling Biotech, a major pharmaceutical company with two manufacturing facilities in Gujarat, specializes in Gelatine, Di-Calcium Phosphat...
Zydus Lifesciences to acquire 50 pc stake in Sterling Biotech from Perfect DayZydus Lifesciences announced an agreement with Perfect Day Inc to acquire a 50 per cent stake in Sterling Biotech. The partnership aims to ...
Bankruptcy court approves Intas-Shamrock plan for Unimark RemediesThe Mumbai bench of the National Company Law Tribunal (NCLT), comprising judicial member Kishore Vemulapalli and technical member Prabhat K...
US startup Perfect Day says acquisition of Sterling Biotech will double production capacityIn the near-term, Perfect Day will export animal-free protein produced in India to meet increasing global customer demands while it works o...
NCLT approves Sterling Biotech’s acquisition by US-based Perfect DayIn April, the California-based company emerged successful with a bid of Rs 638 crore against the reserve price of Rs 548.46 crore for the d...
Jindal Poly, Arham in race for Sandesaras' Sterling SEZOn July 16, 2018, the Mumbai bench of the National Company Law Tribunal (NCLT) admitted the insolvency resolution petition filed by Srei In...
US-based Perfect Day emerges successful bidder for the acquisition of Sterling BiotechThe California-headquartered Perfect Day Inc was the highest bidder at Rs 638 crore against the reserved price of Rs 548.46 crore. While Gu...
Sterling Biotech's liquidator invites fresh bids to attract more buyersFresh bids have been called to attract more buyers with a new clause that the successful bidder will now have to pay only 20% of the final ...
Four Mauritius-based funds with $7 bn in Adani stocks have history of wrong betsBefore they put about 90% of their $6.9 billion under management in the Adani empire, the funds -- Elara India Opportunities Fund, Cresta F...
Liquidator seeks bids for sterling Biotech as a going concern“The company is the world’s sixth-largest manufacturer of Gelatin and has already seen interest from about a dozen companies,” a person con...
Sebi bars Sterling Biotech's directors from securities markets on GDR manipulationThey have further been restrained from holding any position of director or key managerial personnel in any listed company or any intermedia...
Sterling laundering case: Chawl, vacant building among office addresses where Rs 8,100 cr vanishedAn empty building, a chawl, a slum rehab were among the addresses Sterling Group had listed as offices.
Stocks in focus on May 15, 2018Here is a list of top stocks that are likely to be in focus in today's trading session.
India Inc raised $3.55 billion from overseas market in MarchIndian companies including IOC, Air India and IDFC raised a total $3.55 billion in March from overseas markets, data from RBI showed.
ONGC eyes $2 billion deal for Nigeria field to expand its international portfolioONGC is eyeing a producing field in OPEC member Nigeria for up to $2 billion as it prepares to expand its international portfolio.
- India Inc overseas borrowing down 9 pc to $2.35 bn in November
Overseas borrowing by India Inc declined by 9 per cent in November to $2.35 bn compared to the previous month.
- Sterling to build SEZ in Gujarat
Sterling Biotech is planning to set up a multi-product Special Economic Zone (SEZ) at Jambusar in Gujarat, with a proposed investment of Rs...