Malvinder Singh in his police complaint to Economic Offences Wing (EOW) has blamed former associates Sunil and Sanjay Godhwani for duping Singh's Malav Holdings Pvt. Ltd to the tune of Rs 30 crore

Sebi directed Fortis Healthcare and Fortis Hospitals to take necessary steps to recover Rs 403 crore, along with interest, from Shivinder Mohan Singh, Malvinder Mohan Singh and seven other entities within three months

The embattled billionaires now have one month to challenge the judgementin the dispute related to sale of controlling stake in Ranbaxy Laboratories to Daiichi.

The complaint also names REL ex-CMD Sunil Godhwani, among other directors, for cheating, fraud and misappropriation of funds to the tune of Rs 740 crore.

Fortis Healthcare said the Supreme Court ordering a status quo on its deal with IHH Healthcare Berhad does not impact the company's 31.1 per cent stake sale to the Malaysian firm

The Supreme Court ordered status quo with regard to the sale of controlling stakes of Fortis Healthcare to Malaysian IHH Healthcare Berhad by former Ranbaxy promoters

Reacting to the news, FHL shares tumbled 6.75 per cent to close at Rs 141.65 apiece, after hitting a low of Rs 130.20 earlier in the day.

Shivinder Mohan Singh on Friday accused elder brother, Malvinder Singh, of making a false attempt to cast doubts on his integrity. He denied the allegation, calling it 'fake' and a 'lie'.

Preparations for a board meeting of Prius Real Estate ended in fisticuffs between brothers Malvinder and Shivinder Singh, the former promoters and owners of Ranbaxy Laboratories, Fortis Healthcare and Religare, at their Hanuman Road office in central Delhi on Thursday evening. BusinessToday.In Editor Rajeev Dubey talks about the fued between the Singh brothers.

Rajeev Dubey, BusinessToday.In Editor, talks about how the brothers -- Malvinder and Shivinder Singh -- blew their wealth and companies. In 2008, Singh brothers, Malvinder and Shivinder were loaded with cash, Rs 9,500 crore, from the sale of Ranbaxy to Daiichi. In 2016, they were in debt of Rs 13,000 crore. Watch the video to know more about the fall of the brothers.