THE SINGHS LOOK BEYOND FEUDS AND IN
DIA!
From intense family feuds to intended embracement of globalisation, the pharma major Ranbaxy can boast of it all. The company was acquired by Bhai Mohan Singh, who gradually inducted his three sons Parvinder, Manjit and Analjit into the business. It was in 1989 that Bhai Mohan Singh decided a three-way split of his assets and initiated a fifteen-year long feud between the brothers and an aged father. Today, Malvinder Singh and Shivinder Singh (son of Parvinder Singh) are steering Ranbaxy ahead into a truly multinational company with a host of global acquisitions. But even Ranbaxy could not guard itself from the liberalisation process. Interestingly, the period turned out to be a blessing in disguise for Ranbaxy.
For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
DIA!From intense family feuds to intended embracement of globalisation, the pharma major Ranbaxy can boast of it all. The company was acquired by Bhai Mohan Singh, who gradually inducted his three sons Parvinder, Manjit and Analjit into the business. It was in 1989 that Bhai Mohan Singh decided a three-way split of his assets and initiated a fifteen-year long feud between the brothers and an aged father. Today, Malvinder Singh and Shivinder Singh (son of Parvinder Singh) are steering Ranbaxy ahead into a truly multinational company with a host of global acquisitions. But even Ranbaxy could not guard itself from the liberalisation process. Interestingly, the period turned out to be a blessing in disguise for Ranbaxy.
For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
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