Malvinder Mohan Singh News

Companies

Fortis EGM on 13 August over stake sale to IHH

The Fortis board had last week approved a Rs4,000-crore offer from IHH Healthcare for a 31.1% stake in it, valuing the cash-strapped firm at Rs8,880 crore

1 min read19 Jul 2018
Companies

Ranbaxy case: Delhi HC seeks details of exchange-listed shares held by Singh brothers

Delhi HC asks court-appointed commissioner to submit a list of unpledged shares held by ex-Ranbaxy promoters in relation to the enforcement of Rs3,500 crore arbitration case with Daiichi Sankyo

1 min read25 Apr 2018
Companies

Fortis Healthcare posts net loss for September, December quarters

Fortis posted a net loss of Rs23.61 crore for the quarter ending 30 September compared with a profit of Rs38.24 crore a year ago

1 min read1 Mar 2018
Industry

Fortis Healthcare co-owner restrained from selling properties in bank loan default case

The DDRT passed the direction on an Yes Bank plea seeking recovery of Rs569.64 crore loan given to Oscar Investment Ltd for which Fortis Healthcare co-owner Malvinder Mohan Singh was a guarantor

1 min read18 Feb 2018
Companies

Fortis under Sebi scanner for alleged corporate governance lapses

Sebi chief Ajay Tyagi says the market regulator is examining the party transactions, alleged corporate governance lapses in Fortis promoted by Malvinder Mohan Singh, Shivinder Mohan Singh

1 min read10 Feb 2018
Companies

Fortis Healthcare promoters Malvinder, Shivinder Singh resign from board

Malvinder and Shivinder Singh resign as directors from Fortis Healthcare's board following the Delhi HC order upholding the Rs3,500 crore arbitral award in favour of Daiichi Sankyo

2 min read8 Feb 2018
Companies

Supreme Court refuses permission to Singh brothers to sell Fortis shares

Supreme Court also refused permission to banks, with whom the Singh brothers have pledged Fortis shares, to sell them

2 min read1 Sep 2017
Companies

Bain Capital joins KKR, TPG in race for Fortis Healthcare stake

Bain Capital, TPG in talks for a 26% share in Fortis Healthcare, KKR looking for a controlling stake

2 min read10 Jan 2017
Companies

Singh brothers have to pay Rs3,500 cr for hiding facts in Ranbaxy sale: Daiichi

Daiichi's claim includes interest and costs on top of the Rs2,562.78 crore damages awarded by Singapore court

2 min read7 May 2016
Companies

Shivinder Singh of Fortis steps down to join spiritual organization

Singh will become non-executive vice-chairman with effect from January 2016

2 min read23 Sep 2015
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