Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

generic cialis
Fund houses gear up to make the most of interest rate futures
A week after the National Stock Exchange (NSE) launched interest rate futures (IRF) on August 31, the domestic mutual fund industry is all set to make the most of this new instrument. The industry is planning to either come up with new schemes, or use IRF in their existing schemes.

M J Antony: Tyranny of procedure
A lawsuit should be a continuous, seamless process from the stage of filing to getting relief.

News of the day

Dalmia in control at GHCL
GHCL promoter Sanjay Dalmia appears to be in control of the country’s largest soda ash maker, and is believed to have increased his shareholding significantly above the 18.5 per cent he held till recently when a battle for control of the company raged.
Online Business

Founder may sell stake

Shantha Biotechnics founder Vara Prasad Reddy, who found a new partner in Sanofi Pasteur, is planning to dilute a part of his stake in the company. - Sanofi buys Shantha in offshore deal - Merieux may divest stake in Shantha Bio - Sanofi buys Shantha in offshore deal - Sanofi Pasteur buys majority stake in Shantha Bio - Merieux may divest stake in Shantha Bio “I have not yet decided. But if I divest, it will be about 50 per cent of my stake,” he told Business Standard. Sanofi Pasteur has approached Reddy asking him to divest his full stake in Shantha. Reddy, who founded the company in 1993, has 13.4 per cent in Shantha after Merieux Alliance, through its subsidiary ShanH, picked up a majority stake in the company. The French company first bought 60 per cent in Shantha in November 2006 from Oman-based financial firms and gradually increased it to 78.85 per cent.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009