"Renouncing World Good For You, Not Us," Supreme Court Tells Ranbaxy Ex-Promoters

The top court was hearing a petition by Japanese firm Daiichi Sankyo which is seeking to recover Rs 3,500 crore awarded to it by a Singapore tribunal in its case against Malvinder and Shivinder Singh. A bench headed by Chief Justice Ranjan Gogoi asked the brothers - who were present in court - to consult their financial and legal advisors and give a concrete plan on how they will comply with the Singapore tribunal's order. One of...