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HC order on Daiichi arbitration: Fortis accepts Singh Brothers" resignation

The directors will meet on February 28 to take up the matter, it added.....»»

Category: topSource: business-standardFeb 13th, 2018

Arbitral award to Daiichi: SC junks Singh bros" appeal against HC verdict

The high court on January 31 order paved the way for enforcement of the 2016 arbitral award passed by the Singapore tribunal against the Singh brothers who had sold their shares in Ranbaxy to Daiichi.....»»

Category: topSource: business-standardFeb 16th, 2018

The Ranbaxy case and how it shows the system in India does work after all

Many global giants might have lost money in their India ventures, but the Delhi HC's order last fortnight asking the Singh brothers to pay up in the Ranbaxy-Daiichi dispute should make everyone feel a.....»»

Category: topSource: business-standardFeb 12th, 2018

Fortis Healthcare turns volatile after promoters Singh brothers resignation

The stock opened 2% lower at Rs 123 on BSE, bouncing back 28% to hit high of Rs 157 in intra-day trade, trading at Rs 147 at 09:48 AM......»»

Category: topSource: business-standardFeb 9th, 2018

Delhi High Court asks Singh brothers to pay up Rs 35 bn to Daiichi

Enforces arbitration award related to the $4.6-bn sale of Ranbaxy.....»»

Category: topSource: business-standardJan 31st, 2018

Delhi HC refuses to issue notice to Singh brothers on plea filed by Daiichi

HC said it can't allow Daiichi to 'hold a gun to Fortis head'.....»»

Category: topSource: business-standardJun 21st, 2017

Delhi HC takes note of Daiichi"s 2nd attempt at blocking Fortis stake sale

Court issues notice on application; seeks reply from Singh Brothers.....»»

Category: topSource: business-standardFeb 28th, 2017

Singh brothers out of options to avoid Daiichi award as SC junks appeal

RHC Holding, Singh brothers' main holding company, said it was evaluating options to challenge award in Singapore courts.....»»

Category: topSource: business-standardFeb 16th, 2018

Malvinder and Shivinder Singh: The difficulties of being good at business

As the Daiichi Sankyo-Ranbaxy controversy enters the last lap, the Singh brothers may be ruing their inability to run professional businesses.....»»

Category: topSource: business-standardFeb 15th, 2018

Sebi scanner on Fortis case after Singh brothers "take out" Rs 4.73 billion

We are examining the Fortis issue: Sebi Chairman Ajay Tyagi told reporters after a board meeting of the regulatory body.....»»

Category: topSource: business-standardFeb 10th, 2018

Fortis under Sebi scanner after Singh brothers "take out" Rs 4.73 billion

We are examining the Fortis issue: Sebi Chairman Ajay Tyagi told reporters after a board meeting of the regulatory body.....»»

Category: topSource: business-standardFeb 10th, 2018

Fortis shares jump 24% as Malvinder and Shivinder Singh resign from board

The main shareholder Singh brothers and their affiliates held an equity stake of 34.43 per cent in Fortis at the end of December.....»»

Category: topSource: business-standardFeb 9th, 2018

HC allows Daiichi plea seeking Rs 35.6-bn arbitral award against Singh Bros

The arbitral award is also under challenge by Singh brothers in Singapore Court of Appeals......»»

Category: topSource: business-standardJan 31st, 2018

Delhi HC reserves judgment on Rs 3,562-cr Daiichi-Singh brothers feud

The Japanese pharmaceutical major had approached the high court last year.....»»

Category: topSource: business-standardSep 6th, 2017

Fortis Healthcare tanks 6% as SC bars promoters from selling pledged shares

SC reaffirmed that Singh brothers cannot sell both encumbered and non-encumbered assets.....»»

Category: topSource: business-standardAug 31st, 2017

Singh brothers shed 25% Fortis stake in six months

The promoters of hospital chain Fortis Healthcare have quietly reduced their stake by 25 per cent in small tranches over the last six months, even as the talk of a large stake sale keeps floating in the air. Billionaire brothers Ma.....»»

Category: topSource: business-standardJul 27th, 2017

Daiichi contempt plea: Delhi HC tells Fortis promoters to respond by Aug 10

The Delhi High Court on Tuesday asked RHC Holdings and Oscar Investments (companies owned by former Ranbaxy promoters Malvinder and Shivinder Singh) to respond to a contempt application filed against them by Japanese pharmaceutica.....»»

Category: topSource: business-standardJul 4th, 2017

Daiichi claim against children of ex-Ranbaxy promoters challenged before HC

The children of former Ranbaxy promoters - Malvinder Singh and Shivinder Singh - approached the Delhi High Court on Friday challenging Daiichi Sankyo's move to realise a Rs 2,562 crore Singapore arbitration award against them in fa.....»»

Category: topSource: business-standardMay 5th, 2017

Singh brothers question Daiichi allegations of misrepresentation in HC

Senior advocate Harish Salve, appearing on behalf of Malvinder and Shivinder Singh told the Delhi High Court on Wednesday that Daiichi Sankyo had full knowledge of all affairs of Ranbaxy Laboratories while purchasing stake in the co.....»»

Category: topSource: business-standardApr 26th, 2017

Singh brothers shift gear amid headwinds

As Daiichi moves court, focus is on a move to a 'cleaner and tighter structure' amid top-level exits.....»»

Category: topSource: business-standardApr 23rd, 2017

Daiichi seeks external auditor to scrutinise Singh brothers" assets

Daiichi Sankyo approached the Delhi High Court on Wednesday, pressing for the appointment of an external auditor to scrutinise the assets of former Ranbaxy promoters Malvinder Singh and Shivinder Singh. The application seeks to conc.....»»

Category: topSource: business-standardMar 29th, 2017