Max Group

Singh brothers' feud is a wake-up call for corporate governance in dysfunctional family-run companies

The Singh brothers have lost control of two listed companies — Fortis Healthcare and Religare Enterprises — in less than a decade.

Analjit Singh to take over as chairman of Max Life and Max India; group president Rahul Khosla to be appointed as advisor

Khosla will also demit his role as Max Healthcare chairman once regulatory approvals for the transaction with KKR-Radiant are received.