shivinder singh
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30 Results Found
  • RFL case: ED charges Fortis Healthcare promoters Shivinder, Malvinder Singh of money laundering Jan 10, 2020 08:25 PM IST

    RFL case: ED charges Fortis Healthcare promoters Shivinder, Malvinder Singh of money laundering

    In the charge sheet, filed by ED's Special Public Prosecutor Nitesh Rana, the probe agency has accused all three of money laundering, punishable under sections 3 and 4 of the Prevention of Money Laundering Act.

  • Singh brothers in dock: Religare expresses satisfaction after ED action Jan 10, 2020 08:17 PM IST

    Singh brothers in dock: Religare expresses satisfaction after ED action

    ED on January 10 filed a charge sheet against Shivinder Singh and his brother Malvinder before a Delhi court in a case related to alleged misappropriation of funds at Religare Finvest Ltd.

  • In Singh brothers’ case, Delhi police will have to find where all the money has flown Oct 13, 2019 01:28 PM IST

    In Singh brothers’ case, Delhi police will have to find where all the money has flown

    Investigating agencies have a task at hand to find out the money trail -- where it had flown and who were the end beneficiaries

  • Delhi Police arrests former Ranbaxy promoter Shivinder Singh Oct 10, 2019 06:11 PM IST

    Delhi Police arrests former Ranbaxy promoter Shivinder Singh

    The EOW of Delhi Police is also on the lookout for former Ranbaxy CEO Malvinder Singh.

  • Sebi told Fortis Healthcare to recover Rs 403 cr from Singh brothers, company tells Delhi HC May 14, 2019 07:49 PM IST

    Sebi told Fortis Healthcare to recover Rs 403 cr from Singh brothers, company tells Delhi HC

    Sebi, in an ad interim ex-parte order of October 17, 2018, had directed that FHL take necessary steps to recover Rs 403 crore along with interest from the Singh brothers and various promoter companies within three months.

  • SC asks ex-Ranbaxy promoters to apprise it of complying with Rs 3,500 cr arbitral award Mar 14, 2019 08:10 PM IST

    SC asks ex-Ranbaxy promoters to apprise it of complying with Rs 3,500 cr arbitral award

    The top court asked the Singh brothers to consult their accountants as also financial and legal advisors and apprise it by March 28.

  • Malvinder files complaint against Shivinder, spiritual leader; alleges cheating, siphoning of funds Feb 17, 2019 05:16 PM IST

    Malvinder files complaint against Shivinder, spiritual leader; alleges cheating, siphoning of funds

    The other people who are named in the complaint include Gurkirat Singh Dhillon, Gurpreet Singh Dillon, Shabnam Dhillon, Godhwani kin - Sunil and Sanjay.

  • IHH puts Fortis open offer on hold, says seeking legal advice on SC's order Dec 17, 2018 01:43 PM IST

    IHH puts Fortis open offer on hold, says seeking legal advice on SC's order

    The proposed open offer is scheduled to be launched from December 18 to January 1, 2019.

  • Opinion | The Fortis-Religare episode is a fit case for India's first class-action suit Sep 26, 2018 12:01 PM IST

    Opinion | The Fortis-Religare episode is a fit case for India's first class-action suit

    A class action suit is one that allows a large number of people having a common cause of action to jointly file or pursue a litigation.

  • Singh brothers welcome Manipal Hospitals Fortis Healthcare takeover Mar 28, 2018 07:40 AM IST

    Singh brothers welcome Manipal Hospitals Fortis Healthcare takeover

    Fortis Healthcare's Malvinder Singh and Shivinder Singh referred as Singh brothers, have also promised of their support to the management and Board for the successful transition.

  • Why Singh brothers' receding control makes Fortis Healthcare a patient Feb 21, 2018 10:12 AM IST

    Why Singh brothers' receding control makes Fortis Healthcare a patient

    Analysts say Fortis is fast reaching a point of make or break. Only a deep pocketed strategic investor could salvage the company.

  • Daiichi case: HC asks Singh bros to declare value of total stake Jan 23, 2017 08:51 PM IST

    Daiichi case: HC asks Singh bros to declare value of total stake

    In the long drawn court battle between Japanese drugmaker Daiichi Sankyo and the former Ranbaxy promoters Malvinder and Shivinder Singh, the Delhi High Court today ordered the Singh brothers to declare the value of their debt free shareholdings in various group companies by February 8.

  • Cash crunch forcing Singh Bros to cede control in key businesses Jan 07, 2017 10:52 AM IST

    Cash crunch forcing Singh Bros to cede control in key businesses

    In a bid to tide over cash crunch at the group level, Malvinder Singh and Shivinder Singh are looking to divest majority stake in Fortis Healthcare, Religare Health Insurance, Religare Securities and eventually in Religare Enterprises, The Economic Times reported Saturday.

  • Singh brothers in talks with TPG to sell stake in Fortis Health Dec 13, 2016 09:41 AM IST

    Singh brothers in talks with TPG to sell stake in Fortis Health

    Billionaire brothers Malvinder and Shivinder Singh are in talks with private equity group TPG Capital to lay off a significant minority stake in Fortis Healthcare, reports The Economic Times.

  • Now, Singh brothers plan to sell stake in Religare Invest Oct 24, 2016 07:48 AM IST

    Now, Singh brothers plan to sell stake in Religare Invest

    Following last year's failed attempts by Malvinder Singh and Shivinder Singh to sell stake in financial services group Religare Enterprise of which they are promoters, the brothers are reportedly in talks to sell Religare Invest, according to a story in The Economic Times.

  • Religare up 7%, Apollo Global & Baring eye promoter stake Jul 02, 2015 09:38 AM IST

    Religare up 7%, Apollo Global & Baring eye promoter stake

    Malvinder Singh and Shivinder Singh have been planning to offload their entire holding or a minimum 51 percent stake in the company. As of June 2015, the promoters hold 50.93 percent in Religare.

  • Fortis Healthcare Q4 net loss at Rs 17.53 crore May 28, 2015 06:37 PM IST

    Fortis Healthcare Q4 net loss at Rs 17.53 crore

    The income from operations during the period under review was Rs 1,049.46 crore, as against Rs 928.08 crore a year ago.

  • Fortis sells Singapore hospital for SGD 55 mn Mar 27, 2015 05:45 PM IST

    Fortis sells Singapore hospital for SGD 55 mn

    The company said that J P Morgan and Religare Capital Markets acted as financial advisors to Fortis for the transaction.

  • See net debt fall on S'pore assets' sale proceeds: Fortis Feb 13, 2015 05:56 PM IST

    See net debt fall on S'pore assets' sale proceeds: Fortis

    Shivinder Singh, executive vice-chairman, Fortis Healthcare says the company clocked a growth of 12 percent this year in its India business at about Rs 970 crore.

  • Fortis Health up 7% on Quality Healthcare sale to Bupa Oct 15, 2013 11:53 AM IST

    Fortis Health up 7% on Quality Healthcare sale to Bupa

    "The divestment enables Fortis to further strengthen balance sheet and substantially improve net debt equity ratio, creating further room for growth," Malvinder Singh, executive chairman, and Shivinder Singh, executive vice chairman of Fortis Healthcare said.

  • Fortis has renewed focus on India Aug 14, 2013 03:21 PM IST

    Fortis has renewed focus on India

    By selling global assets, Fortis is cutting losses but does that justify the method in its acquisition madness?

  • US bank to invest $51 m in Religare Jun 27, 2013 09:10 AM IST

    US bank to invest $51 m in Religare

    The transaction is part of a plan by Religare's founders, billionaire brothers Malvinder and Shivinder Singh, to bring down their holding to 49 percent in order to qualify for a banking licence in India.

  • Health care industry captains are wary of newer bets Mar 28, 2013 03:53 PM IST

    Health care industry captains are wary of newer bets

    Four solutions for India's health care sector

  • Mukesh Ambani India's richest for 6th year Mar 04, 2013 10:03 PM IST

    Mukesh Ambani India's richest for 6th year

    With networth of USD 21.5 billion, Mukesh Ambani has retained his title as India's richest person for sixth year in a row, while Mexican business tycoon Carlos Slim has emerged as wealthiest in the world for the fourth consecutive year.

  • Here's what got the street excited about Fortis Healthcare Dec 17, 2012 05:12 PM IST

    Here's what got the street excited about Fortis Healthcare

    Fortis Healthcare shares rose over 7 percent on Monday after the company said it was selling its 64 percent stake in Australia's Dental Corp Holdings to British medical services group Bupa for 270 million Australian dollars.

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