Do you want to remove all your recent searches?

All recent searches will be deleted

Watch fullscreen

Ranbaxy to take $1 billion hit on derivatives

last year|0 view
Ranbaxy had taken hedges at Rs41-42 in 2006, but has had to provide for losses in every quarter since 2008, whenever the rupee has dropped below that level. Mint's Unnikrishnan S. has more.