MICRO LABS LIMITED
Location
Karnataka
Founded
1973-09-07
Website
Risk Signals
52 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Pharmaceutical Preparations, Drugs, Drug Proprietaries, and Druggists' Sundries), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about MICRO LABS LIMITED
Live alerts from global media, monitored by Business Radar
2022-09-12 (financialexpress.com)
Micro Labs gets clean chit from pharma body over DOLO-650 freebie case
In July this year, the Income Tax Department conducted searches at the office and residences of top company officials for alleged tax evasion.
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2022-07-15 (nationalheraldindia.com)
Dolo-650 makers bribed doctors, gave gifts of Rs 1000 cr to push sales; health experts condemn ‘unethical act’
The manufacturer of Dolo-650 has used unethical practice, bribed doctors and distributed gifts worth Rs 1000 crore in order to increase the sale of the drug, alleged CBDT after an investigation
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(livemint.com)
I-T carries out raids on Bengaluru-based pharmaceutical group. Read here
The IT department mentioned that the quantum of tax sought from the Bengaluru-based pharmaceutical group to be evaded is estimated at over ₹300 crore
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(timesnownews.com)
Rs 1,000 crore freebies allegation: Dolo-650 maker Micro Labs gets clean chit from pharma body IPA
"In view of interaction with the management of the company and the detailed reply, it is clear Rs 1,000 crore expenditure on single brand Dolo 650 on freebies in one year is not correct," IPA said., Companies News, Times Now
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(deccanherald.com)
Dolo-650 maker Micro Labs rejects allegations of giving freebies worth Rs 1,000 crore to doctors
This is highly misleading and is affecting the reputation of Micro Labs, company's spokesperson said
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