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Malvinder Singh shown the door... finaly!

On 22nd May, Malvinder Singh stepped down as the chairman & managing director (CMD) of Ranbaxy, the country’s largest pharmaceutical company, rather abruptly. He had a five-year term. The next day, the stock of Ranbaxy was up 20%. Good riddance, thought the shareholders.

A question that baffled us for months is: why was Malvinder Singh, who ran...

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