Wockhardt plans to demerge its India formulations business
The Economic Times | A Times Internet Limited product
Wockhardt Ltd, one of India’s oldest drug makers, plans to demerge its India formulations business and sell a significant minority stake as a last attempt to repay its mounting debt, multiple people aware of the development said. Wockhardt's promoter Habil Khorakiwala is looking for a valuation of Rs 5,000 crore, or 4 times of the domestic formulations revenue, said the first person aware of the development.
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Hemant Soren Bail News: हेमंत सोरेन को Jharkhand High Court से मिली बड़ी राहत, मंजूर हुई जमानतBy PunjabKesari TV | 7102 views