News digest: Shivinder vs Malvinder, PSUs cut dividend, PE space, and more

Their mother has acted as the peacemaker, however, Shivinder might take legal route again if the conflict is not resolved through mediation

Mother plays peacemaker for Singh brothers 

Fortis Healthcare co-founder Shivinder Singh on Thursday decided to withdraw the case he had filed against his brother, Malvinder Singh, at the National Company Law Tribunal (NCLT), and agreed to try to solve the dispute with mediation from family elder. Read more

PSUs cut dividend 2nd time in a decade

The combined dividend payout by public sector undertakings (PSUs), excluding banks and financials, declined nearly 10 per cent in 2017-18. This was the first time since 2014-15 — and only the second instance in a decade — when the dividend kitty shrank over the