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

, 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 an ...

. 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

, 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 ...

Business career

Singh and his brother

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 mod ...

, and then graduated with a BA (hons.) in mathematics from St. Stephen's College, Delhi; 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 a ...

of Duke University in the United States.

Personal life

Singh lives in

New Delhi New Delhi (, , ''Naī Dillī'') is the Capital city, capital of India and a part of the NCT Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati B ...

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