Finally, Malvinder and Shivinder at odds with each other


  • Business
  • Saturday, 06 Apr 2019

THE controversial trails of brothers Malvinder Singh and Shivinder Singh, who were previously the major shareholders of Fortis Heathcare Ltd, dates back to more than a decade ago when they sold their family’s stake in a pharmaceutical company.

Malvinder and younger brother Shivinder sold their 35% in Ranbaxy Laboratories in 2008 to Daiichi Sankyo, Japan’s third largest drug maker for about US$2.1bil.

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