Topic: Fortis
Accused can’t be kept in custody on agency’s hunch they will prejudice trial, Delhi HC says
The court made the observation while granting bail to former Fortis Healthcare promoter Shivinder Mohan Singh. The ED had argued against granting bail to Singh.
Gurinder Singh Dhillon — the music & film-loving Radha Soami head at heart of Fortis crisis
Gurinder Singh Dhillon leads the Radha Soami Satsang Beas, which boasts of a 20-million-strong following across 90 nations.
Supreme Court holds ex-Ranbaxy promoters Malvinder & Shivinder Singh in contempt of court
The top court said that the brothers Malvinder and Shivinder Singh had violated an earlier order by which the sale of their controlling stakes in Fortis Group to Malayasian firm IHH Healthcare was put on hold.
ED arrests Fortis’ Malvinder Singh, Religare’s Sunil Godhwani in money laundering case
Malvinder Singh and Sunil Godhwani are already lodged in Tihar jail after the Delhi Police arrested them, along with Malvinder's brother Shivinder, in the same case. The trio are accused of misappropriating funds of Religare Finvest Ltd.
Malvinder Singh, former Fortis promoter, arrested in fraud case day after brother Shivinder
Malvinder Singh's brother Shivinder Singh and three others were arrested Thursday for allegedly diverting money from Religare Finvest Limited to other companies.
Businessmen brothers Malvinder & Shivinder Mohan Singh accuse each other of assault
Malvinder and Shivinder Mohan Singh, the former promoters of Fortis Healthcare, have not been on speaking terms for months now.
Fortis, Religare empires unravel as Shivinder Singh sues brother Malvinder
Shivinder has accused his brother of 'systematic undermining of the interests of the companies and their shareholders'.
Fortis’s survival rate bleak but not dead yet
Amidst an unprecedented fall in the EBITDA margins of Fortis, whether its two bidders can revive the company's operations is a million dollar question.
Plugged-In: Congress and JD(S) figure out how to be friends, and PM in Sochi
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Someone give Fortis directors a discharge slip
While international investors have shown interest in the company, the directors' push for going with two Indian business families is off-putting.
Why French President Macron’s clash of civilisations with Islam is misguided
Macron seems oblivious to a deepening problem at home: The old French model, which claimed to be superior to all social systems, is unsuited to an increasingly multi-ethnic society.
Revival in demand & business activity push Indian economy’s animal spirits up in September
Economists attributed the recovery to pent-up demand after a strict lockdown imposed in March hit the consumption of goods and services.
Defence
China lacks ‘honest intent’, be prepared for any eventuality, Rajnath Singh tells Army
Speaking in Delhi, the Defence Minister told military commanders that the government will strongly back reforms in the armed forces including setting up of theatre commands.
Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace
Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.