3 ms·
Importantly, in the meantime the original promoters Shivinder Singh and Malvinder Singh quickly sold the company to Daiichi Sankyo to wash their hands off the m
by benrapscallion 12y ago
Importantly, in the meantime the original promoters Shivinder Singh and Malvinder Singh quickly sold the company to Daiichi Sankyo to wash their hands off the mess that they had created.
- hga 12y agoSort of, that sale was back in 2008 and they retained a 36% stake (see my other recent comment for the sale to Sun Pharma). But they of course knew their company was a fraud, as the Fortune article makes clear. Let me put in a word for Indian English: the usage of "promoters" for that class of businessmen is perfect.