Profit

Investors divided over Ranbaxy-Daiichi deal

PUBLISHED ON: June 11, 2008 | Duration: 2 min, 50 sec

  
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Ranbaxy's billionaire Chief Executive Officer Malvinder Singh, 35, on Wednesday not just made money for his family but also for several of his shareholders, the decision to give up ownership means he leaves his company with a lot of wealth with those associated with the company for year. The stock while giving up its gains ended flat on Wednesday did see some exciting moments as and when the news broke in the morning.
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