Parvinder Singh paves way for Brar as Ranbaxy Labs managing director
The era of family management at India's largest pharmaceutical company Ranbaxy Laboratories is set to come to an end with chairman and managing director Parvinder Singh formally announcing his decision to step down effective October 1 this year.

Dabur Pharmaceuticals sets up $5m oncological unit in Britain
Dabur Pharmaceuticals has set up its first overseas arm in Britain with a $5 million investment commitment and is considering similar ventures in Russia as well as South African countries.

RPG gets FIPB okay to divest balance stake in BTP India
The Foreign Investment Promotion Board has approved RPG proposal to divest its balance 26.32% stake in BTP India Ltd, India's largest specialty leather chemical company, according to sources close to RPG.

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