Global healthcare company Mylan has inked a settlement pack with Genentech and Roche in relation to patents for cancer drug Herceptin (Trastuzumab).
There was some regulatory overhangs post Strides-Mylan Agila transaction, says Arun Kumar, Executive VC & MD of Strides Shasun.
The verifiability and security associated with blockchains have given ideas to the financial industry to adopt it for their own purposes.
Commenting on the family battle raging at YES Bank, the bank's lawyer says its governance systems are intact, and continues to hold out hope that there is scope for mediation to be able to resolve the tussle.
The Club Monaco and Polo Ralph Lauren maker had filed a case in a US District Court against Arvind Lifestyle and US Polo Association (USPA), alleging a breach of agreement regarding disclaimers to be printed on USPA products sold in India.
The Delhi High Court had on Thursday ordered the country's aviation regulator to de-register six SpiceJet aircraft belonging to two lessors.
Plaintiffs accused Apple, Google, Intel Corp and Adobe Systems Inc in their 2011 lawsuit of limiting job mobility and, as a result, keeping a lid on salaries. The case has been closely watched because of the possibility of big damages being awarded
Shares in homegrown pharmaceuticals firm Ranbaxy Labs rose 1.8 percent in early Mumbai trading after a US federal court ruled in its favour in a landmark â€œpay-to-delayâ€ case.
The High Court on Wednesday recorded the consent order in terms of tripartite settlement arrived at among NHAI, Delhi-Gurgaon Super Connectivity Ltd (DGSCL) and lead financier IDFC.
Jamie Dimon, chairman and CEO of JPMorgan Chase & Co , will be paid USD 20 million for his work in 2013, restoring most of the USD 11.5 million cut directors imposed a year earlier following the company's embarrassing derivatives loss.
Lenders of Suzlon Energy have agreed to a settlement in relation with a USD 200 million default that took place in October 2012. Sources told CNBC-TV18 that holders of Suzlon's foreign currency convertible bonds (FCCBs) have decided not to move court after the energy firm agreed to issue fresh five-year bonds worth USD 500 million.
Sanjay Dutt of Cushman & Wakefield discusses the impact of the Land Acquisition Bill on the overall real estate scenario in the country. He stresses on rising costs of projects and houses as a result of the passage of the Bill.
Brokerage firm UBS upgraded Ranbaxy Labs to 'buy' from 'sell'. It said that the valuations had become attractive after the sharp decline in shares on regulatory concerns.
Drug major Cipla completed the buyout process of Cipla Medpro for Rs 2,707 crore. With this move, it completed 100 percent acquisition of the issued shares of the South African company.
Sun Pharma will pay USD 550 million to Pfizer to settle a case related to Protonix. This is higher than the USD 107 million it had set aside earlier. Nomura says this settlement will dent balance sheet strength to an extent.
In a settlement with the US FDA at the US department of Justice, Ranbaxy has pleaded guilty to felony charges. This is a culmination of the consent degree that the company had signed in end-2011 with the US Food and Drug Administration.
Ranbaxy Labs shares recovered from early losses and ended up 3.6 percent on NSE on Tuesday. The company has agreed to settle all alleged civil violations with the US and its US arm is also pleading guilty to criminal charges related to Food, Drugs act.
Ranbaxy said its US arm is pleading guilty to criminal charges related to violation of the Food, Drugs and Cosmetics Act and the company. owned by Japan's Daiichi Sankyo, will now pay USD 500 million to settle all the civil, criminal lawsuits.
CNBC-TV18‘s Aakansha Sethi reports, quoting finance ministry sources, that the government is weighing the consideration of amending the law to resolve the Vodafone tax dispute.
Nasdaq OMX Group Inc is in preliminary talks with US securities regulators over a possible settlement for the glitch-ridden stock market debut of social networking site Facebook Inc , the Wall Street Journal reported on Tuesday, citing people with knowledge of the discussions.
A US judge granted preliminary approval on Friday to Toyota Motor Corp's USD 1.1 billion settlement of a class-action lawsuit brought by consumers who lost value on their cars due to sudden, unintended acceleration.
A US appeals court refused to hear an expedited appeal of the preliminary approval of a USD 7.2-billion settlement between Visa Inc , Mastercard Inc. and merchants over credit card fees.
BP Plc will pay USD 4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster, which caused the worst US offshore oil-spill ever.
There is some more good news for beleagured kidswear maker Lilliput. After its main lenders gave their nod to its debt restructuring process, lending institution Tata Capital, who had dragged Lilliput to court over outstanding dues has agreed to settle the dispute through arbitration, reports Farah Bookwala of CNBC-TV18.
United Spirits has gone the whole hog to ensure all roadblocks to the USL-Diageo deal are cleared.. KR Chhabria & Vijay Mallya have decided to settle all pending litigations, reports Kritika Saxena.