December 08, 2019 1:29 pm
The third figure in the Ranbaxy brothers’ corporate battle is Gurinder Singh Dhillon, the head of Radha Soami Satsang Beas — among the largest such communes in the world, with 20 mn followers in 90 countries, yet fiercely secretive. The Indian Express on the man and his sect
November 15, 2019 1:06 pm
The Supreme Court said the Singh brothers violated its order asking them not to divest their shares in Fortis Healthcare Limited.
November 15, 2019 4:13 am
The high court direction potentially opens Gurinder Singh Dhillon and his family to further scrutiny.
November 14, 2019 7:06 am
A part of the rights issue was funded by RHC and the Singh brothers, who Radha Soami sect head admits to financial deals with Ranbaxy brothers spent a total of Rs 440 crore on the transaction.
October 11, 2019 5:11 pm
Shivinder Singh and his elder brother Malvinder Mohan Singh were arrested in connection with an alleged fraud case involving misappropriation of funds of Religare Finvest Ltd (RFL), causing it losses worth Rs 2,397 crore.
October 11, 2019 9:40 am
The arrest came two months after the Enforcement Directorate (ED) carried out searches at the homes of the brothers after revelations from the Mauritius Leaks on their offshore holdings were described as “corroborative evidence” for the investigating agency.
August 01, 2019 4:35 pm
The action is being seen in the backdrop of charges of alleged financial irregularities against the two brothers and the subsequent downfall of their businesses.
April 06, 2019 5:43 am
The SC had last month asked the sparring brothers to bury their hatchet, consult each other and come out with a concrete plan on how they will secure the Rs 3,500-crore Singapore arbitration award.
April 05, 2019 6:49 pm
On March 14, the Supreme Court had asked former Ranbaxy promoters Malvinder Singh and Shivinder Singh to apprise it how they propose to comply with the Rs 3,500 crore arbitral award passed against them by a Singapore tribunal.
March 14, 2019 1:21 pm
The apex court was hearing the plea of Japanese firm Daiichi Sankyo which is seeking to recover Rs 3,500 crore, awarded to it by a Singapore tribunal in its case against Malvinder and Shivinder Singh.