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Temasek-backed firm, Zydus may recast API, gelatine business of Sterling Biotech

Healthcare

27 August, 2024

Temasek-backed firm, Zydus may recast API, gelatine business of Sterling Biotech

The owners of Sterling Biotech--Generic drugmaker Zydus Lifesciences Ltd and private equity Temasek-backed Perfect Day Inc—plan to restructure some of the businesses ......

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Gujarat pharma firm to hit the rocks three years after bankruptcy

Healthcare

01 March, 2021

Gujarat pharma firm to hit the rocks three years after bankruptcy

A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse into liquidation as the apex court has refused ......

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Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling

Finance

09 May, 2019

Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling

In a setback for the lenders of Sterling Biotech, the Mumbai bench of the National Company Law Tribunal (NCLT) has ......