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  1. Sanofi cross-border deal: SC refuses to give early hearing:

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).

By: | New Delhi | Published: July 26, 2016 6:40 AM

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

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