Singh sold his entire stake of 0.64 per cent stake worth Rs 64.41 crore in Max Healthcare, which, according to Friday's closing price, has a market capitalisation of Rs 11,877 crore
He would be taking over the chairmanship of the two companies from Group President Rahul Khosla, who would be moving to a non-executive role as group advisor from April 1
Over the years, Mr Singh has got in and out of innumerable businesses, cutting across sectors. He is one businessman who I have always found to be in a start-up mode