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Sanofi Healthcare buys 15.2% stake in Sanofi India for Rs 1,068 crore

Sanofi Healthcare India acquired a significant 15.2 percent stake in Sanofi India through an open market transaction. The company purchased 35 lakh shares at an average price of Rs 3,052 each. The bill was approximately Rs 1,068 crore in total.

The Economic Times · Sep 24

Stocks in news: Biocon, Bank of Baroda, TCS, Sanofi India and Tata Capital

Indian equity markets hit a seven-week low on Tuesday, primarily due to escalating crude oil prices and geopolitical instability that swayed investor morale. Notably, Bank of Baroda announced plans to divest its interest in the NSE, while TCS secured a major contract. Other companies such as Sanofi India and Piramal…

The Economic Times · Sep 9

Company can face criminal prosecution even if no individual is made accused: Supreme Court

In a landmark ruling, the Supreme Court has established that companies can be subjected to criminal proceedings even when no individuals are charged. This ruling sheds light on corporate criminal liability, particularly for offenses necessitating intent, with the court stating that mens rea can be deduced from the context of…

The Economic Times · Sep 8