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Staff writer 11:09 PM | July 02,2009
The amount raised would be used to pay down Emami’s debts and to expand production facilities
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Aveek Datta 12:15 AM | April 06,2009
In keeping with Indian takeover laws, Emami made an open offer for 20% more, kicking off a battle with the Parikh brothers, who have been managing the operations of Zandu for years
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Aveek Datta 09:57 PM | April 01,2009
The firm is in talks to sell the division to the Parikh family, which sold its controlling stake in Zandu last year
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Aveek Datta 09:11 PM | March 30,2009
Zandu Pharmaceutical Works Ltd said in a stock market filing that its board had decided to weigh options on merging the company with Emami Ltd
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PTI 09:22 PM | January 28,2009
The company had a consolidated net profit of Rs37.82 crore in the same quarter last fiscal
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Jharna Mazumdar and Vijaya Rathore 09:30 PM | November 02,2008
In contrast to fears of a slump, the last quarter has been one of the most spectacular periods for the sector
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10:39 AM | October 03,2008
In June, Emami had made an open offer for acquiring up to 1,61,280 shares representing 20% in Zandu Pharma, after it raised its stake in the company to 27.51%
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08:01 AM | September 22,2008
The central bank suggested making it mandatory for banks to seek its approval before launching mobile banking services
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Aveek Datta and C.H. Unnikrishnan 10:36 PM | September 15,2008
Zandu shares touched a high of Rs20,300 on 21 July, surging from Rs7,012.85 on 29 May when Emami made public its purchase in Zandu
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Aveek Datta 10:43 PM | July 29,2008
Emami had earlier acquired 3.5% of the company’s shares from the market, and its stake will go up to 27.5% when Zandu recognizes the sale by the Vaidyas
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C.H. Unnikrishnan 12:22 AM | July 04,2008
The Parikh family of Zandu Pharmaceuticals has been steadily increasing its holding in the herbal health care firm by buying shares from the market
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Aveek Datta and C.H. Unnikrishnan 10:58 PM | June 24,2008
Emami Ltd seeks to buy more shares to wrest control, but the Parikhs of Zandu are not yet ready to give up
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Aveek Datta 10:04 PM | June 22,2008
The family has started ramping up its stake, preferring to buy from the market instead of making a counter-bid
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Aveek Datta 11:50 PM | June 20,2008
Parikhs have till 23 June to make a counter-bid; Emami chief rules out buying Zandu shares at the current price
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Aveek Datta 11:29 PM | June 06,2008
The Parikh family, which holds 18% in the company now faces a takeover threat from Emami which has made an open offer to acquire 20% more in the company
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