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UNION QUIMICO
Ingen Capital sweetens Orchid Pharma offer, may acquire firmThe drug maker was among the 28 companies that the RBI mandated banks to refer to bankruptcy court by December 2017.- Orchid Pharma faces liquidation as lenders reject resolution planOrchid Pharma was referred to the bankruptcy court by Lakshmi Vilas Bank after it failed to pay about Rs 3,500 crore to lenders.
- Orchid Pharma’s lenders reject Union Quimico’s bidThe resolution professional who is in charge of the management of the Chennai-based company has set April 25 as the fresh date for submitti...
- Top stocks in focus on April 24, 2018Here is a list of top stocks that are likely to be in focus in today's trading session.
- Orchid gets three final bids at par with liquidation valueThe company had to sell assets to rein in debt. In 2012, it sold its penicillin business to US drug maker Hospira for $200 million.
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