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View Full Version : Ranbaxy CEO Singh Quits as Losses Mount; Sobti Is Successor - Bloomberg



NewsWhore
05-24-2009, 03:50 PM
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Ranbaxy CEO Singh Quits as Losses Mount; Sobti Is Successor (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaO6F.e15BWok%26refer%3Dhome&cid=1247583923&ei=WKcZSpnCK4qQmAfzq_zQBQ&usg=AFQjCNH-q70qo_ahIK5_QR_rQG3OTKUQ_g)
Bloomberg
Ranbaxy reported a net loss of 7.61 billion rupees in the first quarter, its third straight quarterly loss, after sales fell in the US, its largest market, and wrong-way bets on foreign currency hedges, the company said April 24. Sobti, the new CEO, ...


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