Cipla Saga - Did The Doctor Prescribe A Sale?
The Morning Brief
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Introduction
Hermit's nephew Kamil Hamid, who had been understood to be groomed to taking over the reins with the drug maker, quit and the burden of the third-generation takeover landed on his sister Samina. Hermit pioneering low-cost drugs put the business in track but always looming was the worry of succession. But as they say, all good things must come to an end. The Plaper Motors are looking to sell part stake in the company and we hear that they are in talks with several private equity players for exploring a transaction and state. In this time, the company has not outrighly denied it. Is it an end of an error? Is the Dr.
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