The fight for Fortis, allegedly defrauded by founders Malvinder & Shivinder Singh, has seen 4 takeover bids, 2 scrapped deals, and most of the board being replaced.
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.
Amid govt's crackdown on defaulting borrowers, former Ranbaxy and Fortis promoters Malvinder & Shivinder Singh have been arrested for routing money to a spiritual leader and a fraud case.
Malvinder Singh's brother Shivinder Singh and three others were arrested Thursday for allegedly diverting money from Religare Finvest Limited to other companies.
Billionaire Malvinder Singh claims that his brother Shivinder acquired 6 companies to write off debts of their spiritual guru, who allegedly threatened him.
Shivinder this month filed an application before the National Company Law Tribunal alleging Malvinder's actions undermining interests of their companies.
A depreciating dollar and abundant liquidity provide an opportunity to explore the rupee’s potential regional role. This represents a significant step toward monetary autonomy.
The chipmaker at the heart of the AI revolution may be the most influential stock in Wall Street history. Nvidia has been the primary driver of the market’s gains since the start of 2023.
ISRO’s LMV3 rocket set off the CMS-03 satellite from Sriharikota Sunday. It weighs 4,410 kg, will primarily serve Indian Navy and has a life of at least 15 years.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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