Shivinder Mohan Singh
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Shivinder Mohan Singh is an Indian businessman and erstwhile billionaire with
Fortis Healthcare Fortis Healthcare Limited (FHL) is an Indian multinational chain of private hospitals headquartered in India. Fortis started its health care operations from Mohali, Punjab, where the first Fortis hospital was started. Later on, the hospital ...
,
Religare Religare Enterprises Limited (REL) is an Indian Investment company registered with the Reserve Bank of India (RBI), headquartered in New Delhi, India. REL is listed on National Stock Exchange of India and Bombay Stock Exchange. It is an holdin ...
, and
Ranbaxy Laboratories Ranbaxy Laboratories Limited was an Indian multinational pharmaceutical company that was incorporated in India in 1961 and remained an entity until 2014. The company went public in 1973. Ownership of Ranbaxy changed twice over the course of its ...
. Singh was the non-executive vice chairman of
Fortis Healthcare Fortis Healthcare Limited (FHL) is an Indian multinational chain of private hospitals headquartered in India. Fortis started its health care operations from Mohali, Punjab, where the first Fortis hospital was started. Later on, the hospital ...
, an Indian company. He is currently under arrest for criminal breach of trust along with his brother
Malvinder Mohan Singh Malvinder Mohan Singh is a businessman who is now under arrest for criminal breach of trust. He, along with his brother Shivinder Mohan Singh (also under arrest), has many cases of fraud registered against him. Singh is the former chairman a ...
. The two have many cases of fraud registered against them.


Early life

Singh is the son of Dr. Pravinder Singh, and grandson of Bhai Mohan Singh, the founder of
Ranbaxy Laboratories Ranbaxy Laboratories Limited was an Indian multinational pharmaceutical company that was incorporated in India in 1961 and remained an entity until 2014. The company went public in 1973. Ownership of Ranbaxy changed twice over the course of its ...
, since merged with Sun Pharmaceuticals Ltd (it was earlier a unit of the Japanese drug maker
Daiichi Sankyo is a global pharmaceutical company and the second-largest pharmaceutical company in Japan. It achieved JPY 981.8 billion in revenue in 2019. The company owns the American biotechnology company Plexxikon, American pharmaceutical company American R ...
).


Business career

Singh and his brother
Malvinder Mohan Singh Malvinder Mohan Singh is a businessman who is now under arrest for criminal breach of trust. He, along with his brother Shivinder Mohan Singh (also under arrest), has many cases of fraud registered against him. Singh is the former chairman a ...
inherited their family's 33.5% stake in Ranbaxy after the death of their father in 1999. In April 2015, they were the thirty-fifth richest Indians, with a net worth of $2.5 billion.


Education

Singh attended
The Doon School The Doon School (informally Doon School or Doon) is a selective all-boys boarding school in Dehradun, Uttarakhand, India, which was established in 1935. It was envisioned by Satish Ranjan Das, a lawyer from Calcutta, who prevised a school mode ...
, and then graduated with a BA (hons.) in mathematics from
St. Stephen's College, Delhi St. Stephen's College is a constituent college of the University of Delhi, widely regarded as one of the oldest and most prestigious colleges for arts and sciences in India. It was established in 1881 by the Cambridge Mission to Delhi. The college ...
; he holds an MBA with specialization in health sector management from the
Fuqua School of Business The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and ...
of
Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James ...
in the United States.


Personal life

Singh lives in
New Delhi New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House ...
with his wife Aditi S. Singh and their four sons. On 24 September, during the AGM of Fortis Hospitals, Singh announced his resignation and handed control of the hospital chain to his brother.


Arrest

As of 1 November 2019, Singh, along with his brother, remains under arrest as his judicial custody has been extended until 14 November 2019. On 12 December 2019, A Delhi court rejected his bail plea in a case related to alleged misappropriation of funds at Religare Finvest Limited (RFL).


References

The Doon School alumni Indian businesspeople in the pharmaceutical industry Fuqua School of Business alumni Indian Sikhs Living people Year of birth missing (living people) Indian businesspeople in the healthcare industry Former billionaires {{India-business-bio-stub