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Former promoters of Fortis Healthcare Ltd, Malvinder Singh and Shivinder Singh, are the persons responsible for the financial absurdity of the company. (Photo: ANI)

Business

SEBI asks Fortis Healthcare to recover USD 55 mn from founders, 8...

SEBI will carry out a detailed investigation to protect the interests of Fortis Healthcare shareholders.

18 Oct 2018 5:46 AM GMT

Promoters of Fortis Healthcare, Malvinder Singh and Shivinder Singh. (Photo: ANI)

Business

Singh brothers took USD 78 million out of Fortis without board...

Results for Q2 could not be tabled before Board for approval and same was communicated to stock exchanges on Nov 14,...

9 Feb 2018 12:21 PM GMT

Promoters of Fortis Healthcare, Malvinder Singh and Shivinder Singh. (Photo credit: fortishealthcare.com)

Business

Fortis Healthcare's Malvinder, Shivinder Singh step down

Board of directors will take up the matter of the duo's resignation in a meeting on February 13.

9 Feb 2018 12:07 PM GMT

India

Delhi court sends ex-Fortis promoters Malvinder, Shivinder to 14-day...

The Singh brothers had moved a bail plea which will be heard later along with that of Arora tomorrow.

17 Oct 2019 8:26 AM GMT

The raids were conducted after the ED registered a case under the Prevention of Money Laundering Act (PMLA) against them. (Photo: File)

India

Ranbaxy's ex-promoter Shivinder Singh, 3 others arrested

The company has accused them of diverting funds and misappropriation.

10 Oct 2019 1:38 PM GMT

India

Ranbaxy case: SC holds Malvinder, Shivinder Singh guilty of contempt

The apex court said that they would hear the Singhs on the quantum of sentence later.

15 Nov 2019 6:26 AM GMT

Earlier, A court in Delhi on Tuesday issued production warrants for former Ranbaxy promoters Malvinder Singh and Shivinder Singh for settlement talks. (Photo: PTI)

India

Ex-Ranbaxy promoter Malvinder Singh arrested by ED in money laundering...

ED also arrested former CMD of Religare Enterprises Ltd Sunil Godhwani.

14 Nov 2019 12:11 PM GMT

Business

Fortis Healthcare asks Sebi to order arrest of ex-promoters

Sebi coordinated Fortis's ex-promoters and several promoter cos to pay secured inter-corporate loans that had gone out...

25 Feb 2019 6:58 AM GMT

Business

Brother siphoned money to guru to be named his successor: Malvinder

The siblings have turned their corporate empire to debt, and are still being zeroed upon by the creditors.

18 Feb 2019 8:20 AM GMT

Business

Ranbaxy-Daiichi case: SC asks how Singh brothers will pay Rs 3500...

The company had then sold its stake in Ranbaxy to Sun Pharmaceuticals for Rs 22,679 crore in 2015.

14 March 2019 9:30 AM GMT

$\Religare Enterprises has suffered over the years on account of unbridled mismanagement and misappropriation of funds orchestrated under the erstwhile promoters (Malvinder Mohan Singh and Shivinder Mohan Singh) and Sunil Godhwani,\ the company statement said.$ Business

New management committed to ensure good governance, says Religare...

The company has the full support of its shareholders to bring to justice erstwhile promoters and management, company...

19 April 2019 11:38 AM GMT

Business

Pay your dues or go to jail': SC to Ranbaxy promoters

Top court bench led by CJI Ranjan Gogoi said it will hear the contempt petition against former Ranbaxy owners on April...

5 April 2019 6:10 AM GMT