The Supreme Court on Monday refused to grant early hearing in the Rs1,058-crore Sanofi SA cross-border deal involving Indian assets of Hyderabad-based Shantha Biotechnics (SBL). The case is similar to that of the Vodafone group’s $2-billion tax dispute. Senior counsel Harish Salve, appearing for Sanofi, wanted the apex court to hear early the department appeal against the Andhra Pradesh High Court’s February 15, 2013 order that ruled in favour of French drugmaker Sanofi Pasteur Holding SA. fe Bureau
Sanofi cross-border deal: SC refuses to give early hearing:
The Supreme Court on Monday refused to grant early hearing in the Rs1,058-crore Sanofi SA cross-border deal involving Indian assets of Hyderabad-based Shantha Biotechnics (SBL).
Get Live Share Market updates, Stock Market Quotes, and the latest India News and business news on Financial Express. Download the Financial Express App for the latest finance news. .
This article was first uploaded on July twenty-six, twenty sixteen, at forty minutes past six in the morning.