Latest News on Singh Brothers
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Singh Brothers - Total results - 11
Mar 14, 2019
SC asks Ranbaxy’s former promoters Singh brothers how they plan to pay Rs 3,500 cr to Daiichi SankyoThe SC, on 14 December last year, had ordered status quo with regard to the sale of controlling stakes of Fortis Healthcare.
Mar 01, 2019
Fortis saga: Believe in Indian judicial process, hopeful of a positive outcome in SC, says IHH MD & CEO Tan See LengIHH and Fortis are not involved in the dispute between Daiichi and the Singh brothers and are hopeful of a positive outcome on the status quo on the open offer in the next hearing in the Supreme Court scheduled on 14 March, a top Malaysian firm official said on Friday
Feb 18, 2019
Singh brothers' feud is a wake-up call for corporate governance in dysfunctional family-run companiesThe Singh brothers have lost control of two listed companies — Fortis Healthcare and Religare Enterprises — in less than a decade.
Dec 22, 2018
SEBI asks Fortis Healthcare, Fortis Hospitals to recover Rs 403 crore from Singh brothers, seven othersThe fresh order comes after the two companies made representation to the markets regulator.
Dec 21, 2018
Religare approaches Corporate Ministry with complaint against Singh brothers, ex-chairman Sunil GodhwaniEarlier on Wednesday, Religare Finvest lodged a criminal complaint with the Economic Offences Wing (EOW) of the Delhi Police against the Singh brothers.
Sep 06, 2018
Malvinder Singh asked to deposit 3.5 mn Singapore dollars, 'disobeyed orders' says Delhi HCThe court’s order came after it was informed by the counsel for Malvinder, who was present in the court, that his 45 lakh equity shares in Religare Healthcare Pvt Ltd were sold in Singapore in April.
Sep 05, 2018
Fortis Healthcare: Shivinder Singh sues brother Malvinder alleging oppression, mismanagement of business; moves NCLTLast month, the brothers who are co-promoters of the Group had put the blame on former Religare Enterprises Chairman and Managing Director Sunil Godhwani for the group's troubles.
Sep 04, 2018
Fortis Healthcare to appoint external agency to undertake scrutiny of its internal controls and compliancesFortis had in February this year decided to carry out an independent investigation through an external legal firm following allegations of siphoning off nearly Rs 500 crore
Jun 27, 2018
Fortis Healthcare says 'systemic lapses' found in inter-corporate borrowings; findings submitted to SEBI and SFIOThe company has initiated legal action for recovery of these outstanding ICDs and other advances, Fortis Healthcare said
Jun 26, 2018
Fortis Healthcare defers approval of quarterly and annual financial results again, board meeting to reconvene todayFortis Healthcare has again deferred approval of quarterly and annual financial results for the period ended March 31, 2018