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

In November 2017 Religare Enterprises, the financial services business, promoted by Singh brothers, Malvinder Mohan Singh, 45, and Shivinder Mohan  Singh, 43, announced a top-level management rejig. Welcoming the appointment of a new executive chairman S Lakshminarayanan, a retired Indian Administrative Service officer, the Singhs said:  “We have always believed that a professional management should run a diversified and highly regulated business such as Religare. However in July 2016, due to sliding business performance, we had to return back on the Board. Since then we have