 "Malvinder Mohan Singh, Shivinder Mohan Singh")
Former Fortis Healthcare Ltd promoter Shivinder Singh was arrested in Delhi on Thursday for alleged fraud, TV channels and news agency PTI reported.
Delhi Police's Economic Offences Wing also arrested three other persons and it is looking for Shivinder's older brother, Malvinder, in a Rs 740-crore fraud case filed by Religare Finvest, which is part of Religare Enterprises in which the brothers were once majority stakeholders.
The brothers were heirs to Ranbaxy Laboratories Ltd, founded by their father and once India’s largest drugmaker, but sold it to Japanese firm Daiichi Sankyo in 2008 to focus on the family-owned Fortis Healthcare,
