BusinessNews

BharatPe and Ashneer Grover Settle Long-Running Legal Dispute, Marking New Chapter for the Fintech Firm

BharatPe has officially resolved its protracted legal dispute with former co-founder Ashneer Grover, ending a contentious chapter that began in early 2022. The settlement marks a significant turning point for the fintech company, allowing it to refocus on its growth trajectory. Settlement Details According to a statement from BharatPe, the agreement ensures Grover’s complete dissociation from…
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BusinessNews

Glenmark Agrees to $25 Million Settlement with US Authorities Over Drug Pricing

Glenmark Pharmaceuticals will pay $25 million to settle a case with the US Department of Justice related to generic drug pricing. The settlement, announced late Wednesday, will be paid by Glenmark Pharmaceuticals Inc, USA, a subsidiary of the Mumbai-based company, in six installments over five years. The settlement amount will accrue interest at 4.25% per annum starting from May 28, 2024. This…
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