Former promoters of pharmaceutical giant Ranbaxy, Shivinder Singh, his elder brother Malvinder Singh and three others arrested by the Economic Offences Wing (EOW) of Delhi Police f...
PTI Photo/Arun Sharma
Former promoters of pharmaceutical giant Ranbaxy, Shivinder Singh arrested by the Economic Offences Wing (EOW) of Delhi Police for allegedly misappropriating funds of Religare Finv...
The judge also directed the investigating officer of the ED to request the Bureau of Immigration to open LOC in Shivinder's name to prevent any unannounced exit from the country.
With the arrest of Shivinder Singh and Malvinder Singh on a complaint by Religare Fininvest, the spotlight has once again fallen on the dealings by the two brothers.
Journalist and author Katherine Eban's book 'Bottle of Lies: The Inside Story of the Generic Drug Boom' is being seen as a damning indictment of the Indian pharma industry and the Indian regulators
The Ranbaxy brothers -- Malvinder and Shivinder Singh -- systematically and deliberately siphoned off huge sums, estimated at Rs 10,000 crore. Most of the money was used to buy real estate