Wednesday, 18 May, 2022
TopicMalvinder Singh

Topic: Malvinder Singh

Fortis takeover by Malaysian firm IHH halted by Supreme Court’s contempt ruling

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.

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.

Former Fortis promoters Malvinder and Shivinder Singh sent to 14-day judicial custody

Brothers Malvinder and Shivinder Singh were arrested last week for allegedly misappropriating funds of Religare Finvest Ltd (RFL).

Cases that took Malvinder, Shivinder Singh from Forbes billionaires’ list to police custody

The Singh brothers are accused of multiple cases of siphoning money using a complex web of companies, including Ranbaxy, Religare & Fortis.

‘Karma’ catches up with Malvinder & Shivinder Singh as banks look to clean up bad loan mess

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, 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.

Death threats, a spiritual sect & a $2 billion empire: Singh brothers feud gets murkier

Billionaire Malvinder Singh claims that his brother Shivinder acquired 6 companies to write off debts of their spiritual guru, who allegedly threatened him.

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.

Singh brothers defrauded Fortis Healthcare of Rs 4 billion

Sebi found that brothers Malvinder and Shivinder Singh have defrauded Fortis Healthcare of Rs 4 billion and ordered them to repay the amount.

Ex-Fortis promoter Shivinder withdraws petition against elder brother Malvinder on mother’s advice

Shivinder this month filed an application before the National Company Law Tribunal alleging Malvinder's actions undermining interests of their companies. 

On Camera

YourTurn

Chinese President Xi Jinping | Representational image| kremlin.ru

Chinese economy is feeling the heat. Blame Xi’s political Lysenkoism, vaccination policy

Smarting from the failures of his Great Leap Forward campaign, which hit the economy hard, Mao launched the 1962 war with India to rally the nation behind him.
Congress supporters staged a protest against inflation in Ranchi on 10 May | ANI

As inflation breaks records, Modi govt plans to counter criticism ahead of anniversary & polls

While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.

Defence

Satellite image of the development on the site | Twitter | @detresfa_

China building ‘bigger, broader’ 2nd bridge at Pangong Tso that can carry armoured columns

China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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