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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हरियाणा के सबसे बड़े जाट परिवारों में शुमार चौधरी बंसीलाल की बहू किरण चौधरी और उनकी बेटी का बीजेपी ज्वाइन करना कहीं ना कहीं प्रदेश कांग्रेस के लिए किसी बड़े झटके से कम नहीं है। हरियाणा में इन दिनों इस बात को लेकर खूब चर्चा है कि बीजेपी किरण चौधरी को राज्यसभा भेजने और श्रुति चौधरी को उनकी पारंपरागत तोशाम सीट से विधानसभा चुनाव लड़ाने की तैयारी में है। जब से कांग्रेस को इस बात की भनक लगी है तभी से भूपेंद्र सिंह हुड्डा के सामने सबसे बड़ी चुनौती तोशाम विधानसभा सीट पर किरण चौधरी का तोड़ निकालने को लेकर है।
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