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Top 10 business headlines: Sun Pharma stock, Prabhat's dairy biz, and more

Here are the top 10 business stories that made news on Monday

Sun Pharma
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FILE PHOTO: A bird flies past the logo of Sun Pharma installed on the facade of its corporate office in Mumbai | Photo: Reuters

BS Web Team
After Sun Pharma stock crashes, its co-promoter may leave Jaypee Infra race

Suraksha Asset Reconstruction, owned by Sudhir Valia, a co-promoter of Sun Pharmaceutical Industries, is likely to drop out of the race for Jaypee Infratech, according to sources. Suraksha was planning to make a bid for Jaypee in a tie-up with Dosti Realty, a Mumbai-based real estate developer. Read on...

RBI reluctant to change FPI portfolio limits introduced last year

The Reserve Bank of India (RBI) is reluctant to relax portfolio-level limits it introduced for foreign portfolio investors (FPIs) last year. In a meeting with about 50 FPIs and a

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