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RANBAXY LABS: FIRST, THE DRIVING TEST (Malvinder and Shivinder lead the company, which is one of the top 100 pharma companies across the globe).

Asia Africa Intelligence Wire

| September 30, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Ranbaxy Laboratories (RL) was the India's largest pharmaceutical company, with Dr Parvinder Singh at its helm. Dr Singh's two sons, Malvinder and Shivinder, are now leading the company, which is one of the top 100 pharma companies across the globe with sales at Rs1,804 crore in 1999-2000.

The two brothers have appointed Mr DS Brar as the CEO and Tajendra Khanna as Chairman at RL. The brothers own 33 percent in RL and 84 percent in sister concern, Fortis Healthcare (FH). Mr Malvinder …

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