A STUDY ON THE MAGNITUDE OF HUMAN RESOURCE IN SUN AND RANBAXY MERGER

Authors

  • Anjali Daisy S Research Scholar, School of Management, SASTRA University, Thanjavur, Tamilnadu, India
  • Vijaya Banu C Faculty , School of Management, SASTRA University, Thanjavur, Tamilnadu, India

DOI:

https://doi.org/10.22159/ajpcr.2017.v10i1.14890

Abstract

Sun Pharmaceutical is a trailblazer in Indian pharmaceutical sector, and one of the foremost competitors in the generic drug market sets its eye onRanbaxy. Sun pharmacy which was established in 1983 listed from 1994 has its upper hand in product development. Ranbaxy was incorporated in1973, and Daiichi Sankyo, a Japanese firm, got a controlling share from 2008. This amalgamation between Sun Pharmacy and Ranbaxy would get profitable transaction for the former. The process of the coalition was a cloak and dagger affair until April 6, 2014. Before mergers and acquisitions, a company has to create an urgency call among the employees which will result in better understanding of the whole scenario. The aspects are about how financial motives and non-financial motives play a major role in mergers. This case deals with the human resource issues and complexities faced by the two players in the same business.

Keywords: Merger, Acquisition, Change management, Human resource, Employee engagement, Corporate strategy.

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Author Biographies

Anjali Daisy S, Research Scholar, School of Management, SASTRA University, Thanjavur, Tamilnadu, India

Research Scholar, School of Management, SASTRA University, Thanjavur, Tamilnadu, India

Vijaya Banu C, Faculty , School of Management, SASTRA University, Thanjavur, Tamilnadu, India

Faculty , School of Management, SASTRA University, Thanjavur, Tamilnadu, India

References

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Available from:http://www.investopedia.com/articles/ investing/022615/ranbaxy-and-sun-pharma- mega-indian-merger.asp. [Last accessed on 2016 Feb 18].

Available from: http://www.sunpharma.com/investors/archives/ sunpharma-ranbaxy-merger. [Last accessed on 2016 Mar 08].

Published

01-01-2017

How to Cite

S, A. D., and V. B. C. “A STUDY ON THE MAGNITUDE OF HUMAN RESOURCE IN SUN AND RANBAXY MERGER”. Asian Journal of Pharmaceutical and Clinical Research, vol. 10, no. 1, Jan. 2017, pp. 29-31, doi:10.22159/ajpcr.2017.v10i1.14890.

Issue

Vol 10 Issue 1 January 2017

Section

Review Article(s)

The publication is licensed under CC By and is open access. Copyright is with author and allowed to retain publishing rights without restrictions.

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