3 insights to kick-start your day, featuring the Torrent-Cipla saga

A big deal In the news. Torrent Pharmaceuticals joins race to buy a controlling stake in Cipla, reports The Economic Times. Inside the news. Torrent Pharma is making a bold move as Cipla is more than double its size in terms of revenue. Buyout funds Blackstone and Baring Private Equity Asia-EQT have already been looking to buy the 33.47% promoters’ stake in Cipla. A sell-out would trigger an open offer for an additional 26% of the company, which