Once billionaires, Singh brothers all but lose flagship firms Fortis, Religare

By Ranjani Raghavan

  • 05 Mar 2018
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Shivinder Singh and Malvinder Singh | Credit: Reuters

Brothers Malvinder and Shivinder Singh, until recently counted among India’s billionaires, have all but lost control of their business empire after their stake in their two flagship companies plunged to low single digits.The brothers now own a stake of only 0.77% in hospital chain Fortis Healthcare Ltd compared with nearly ......

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