Religare fraud case: Delhi court grants 4-day custodial interrogation of Singh brothers, 3 others
Fp Staff • 6 years agoFormer Fortis Healthcare promoters Malvinder Singh, his brother Shivinder Mohan Singh and three others, arrested for allegedly misappropriating funds of Religare Finvest Ltd (RFL) and causing it losses of Rs 2,397 crore, were produced before a Delhi court on Friday
Delhi Police's EOW arrests former Ranbaxy promoter Shivinder Singh, three others in alleged fraud case
Fp Staff • 6 years agoThe Delhi Police on Thursday arrested former promoter of Fortis Healthcare Shivinder Singh and three others in an alleged fraud case, officials said
Malvinder Singh, former Ranbaxy co-founder, arrested late night from Ludhiana hours after brother Shivinder's arrest in fraud case
Fp Staff • 6 years agoMalvinder Singh was arrested from Ludhiana and will be brought to Delhi on transit demand
Religare to sell entire stake in NBFC arm to TCG Advisory Services for Rs 330 cr; signs share purchase agreement
• 6 years agoReligare Enterprises (REL) in the filing said that a share purchase agreement has been signed with TCG for selling stake in Religare Finvest Ltd (RFL)
Former Religare Enterprises chief Sunil Godhwani alleges conspiracy of current management, erstwhile promoters
• 6 years agoFormer chief of Religare Enterprises Sunil Godhwani has alleged conspiracy of the company's current management and erstwhile promoters Malvinder Singh and Shivinder Singh against him
Ranbaxy promoters Malvinder, Shivinder Singh diverted funds despite order to maintain stakes, Daiichi Sankyo tells SC
• 6 years agoThe Supreme Court had earlier expressed displeasure at the replies of Malvinder and Shivinder to its directive to submit a plan for paying Rs 4,000 crore to Daiichi Sankyo, as awarded by a Singapore tribunal.
Fortis Healthcare plans to sell its stake in Singapore-listed Religare Health Trust to raise funds
Fp Staff • 6 years agoFortis holds 27.82 percent of stake in RHT, comprising 25.14 percent held by Fortis Healthcare International Ltd (FHIL) and 2.68 percent held by the trustee-manager
Miffed at replies of ex-Ranbaxy promoters, Supreme Court to hear Daiichi's contempt plea against them
• 6 years agoMiffed at replies of former Ranbaxy promoters Malvinder and Shivinder Singh to its directive to submit a plan for paying Rs 4,000 crore to Daiichi Sankyo, as awarded by a Singapore tribunal, the Supreme Court on Friday threatened to send them to jail if found that they have violated the apex court's order
SC asks Malvinder Singh and Shivinder Singh to submit concrete plan for paying Rs 3,500 cr to Daiichi Sankyo
• 6 years agoThe Supreme Court on Thursday asked former Ranbaxy promoters Malvinder Singh and Shivinder Singh to submit a concrete plan for paying Rs 3,500 crore to Daiichi Sankyo as directed by a Singapore tribunal
SC asks Ranbaxy’s former promoters Singh brothers how they plan to pay Rs 3,500 cr to Daiichi Sankyo
• 6 years agoThe SC, on 14 December last year, had ordered status quo with regard to the sale of controlling stakes of Fortis Healthcare.