How this funny name Ranbaxy got its name. What is the History?
Asked by TRILOK MEHTA, 02 Nov '08 10:36 am
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It is a portmanteau word taken from the names of the owners, Ranjit and Gurbax - Ran and Bax. when the company started, it was a distributor for the Japanese company Shionogi.Answered by nargis bhambi, 02 Nov '08 10:43 am
RAN from Ranjit singh and BAX from Gubax singh. They were original owners - cousins of Bhai mohan singh ( grand father of malvinder) Ya Ranbaxy sounds niceAnswered by Madhukar Datar, 02 Nov '08 10:42 am
View this site -> http://en.wikipedia.org/wiki/RanbaxyAnswered by josoak, 02 Nov '08 10:39 am
Ranbaxy was started by Ranjit Singh and Gurbax Singh in 1937. It was a distributor for a Japanese company Shionogi. The name Ranbaxy is a word from the names of its first owners RAN FROM Ranjit and BAX FROM Gurbax. Ranbax did'nt sound properly i think. Bhai Mohan Singh bought the company in 1952 from his cousins Ranjit Singh and Gurbax Singh. After Bhai Mohan Singh's son Parvinder Singh joined the company in 1967, the company saw a significant transformation in its business and scale. His sons Malvinder Mohan Singh and Shivinder Mohan Singh sold the company to the Japanese company Daichi in June 2008. Ranbaxy Laboratories Limited is India's largest pharmaceutical company. Incorporated in 1961, Ranbaxy exports its products to 125 countries with ground operations in 46 and manufacturing facilities in seven countries. It is ranked among the top 10 generic companies worldwide. The CEO of the company is Malvinder Mohan Singh. Ranbaxy issued shares to public in 19 ...moreAnswered by SHIRISH SHIROOR, 02 Nov '08 10:39 am