Drug Safety Settlement

A Ranbaxy office building is pictured in the northern Indian city of Mohali May 14, 2013. Indian generic drugmaker Ranbaxy Laboratories Ltd pleaded guilty on Monday to felony charges related to drug safety and will pay $500 million in civil and criminal fines under the settlement agreement with the U.S. Department of Justice. The settlement is its largest-ever with a generic drugmaker over drug safety, according to the U.S. government. It includes $150 million in payments for a criminal fine and forfeiture and $350 million in payments for civil claims. REUTERS/Ajay Verma (INDIA - Tags: HEALTH BUSINESS)

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Japanese drugmaker Daiichi Sankyo Co, which bought control of Ranbaxy Laboratories in 2008, said it believes unnamed former shareholders of the company hid information regarding U.S. regulatory probes into Ranbaxy.  Full Article 

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TABLE-India's Unitech July-Sept net down 47 pct

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MUMBAI | Sun Nov 11, 2012 1:23pm IST

MUMBAI Nov 11 (Reuters) - Three months ended Sept 30

(Versus the same period a year earlier. All figures in million rupees unless stated)

Net Profit 491.9 vs 924.6

Net Sales (in bln rupees) 5,398.3 vs 6,793.5

Results are consolidated

NOTE: Unitech Ltd is an Indian real estate developer.

(Reporting by Prashant Mehra; Editing by Ron Popeski)
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