The high court on July 23 granted bail to Singh, saying it does not perceive any grave threat to the interests of the society or the public at large with his release
The high court imposed various other bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.
Analysts, too, are hopeful of the long-term prospects of hospital companies, but caution that the Covid-19 situation is evolving and near-term uncertainties continue
Singh moved the representation after his plea for interim bail was denied by the high court which gave him liberty to approach the committee if he was aggrieved by the criteria laid down by it
Economic offenses having deep-rooted conspiracies and involving loss of public funds need to be viewed seriously, says court
The company's diagnostics business also witnessed 75 per cent drop in volumes in April. Patients choose to postpone elective procedures while there was a significant drop in footfalls in OPD
The hospital has chosen not to cut salaries of frontline health workers even as its looks to implement cost saving measures
Hospitals devise protocols to help deal with the surge in the number of patients
Chief Metropolitan Magistrate Gurmohina Kaur on Monday rejected Singh's bail application on the ground that he was required to be kept in judicial custody for proper investigation in the case
Court rejected the bail application on the ground that Malvinder was required to be kept in judicial custody for investigation
A total of 946 companies, including ONGC, Embassy Office Parks REIT, and Fortis Healthcare are scheduled to announce their December quarter earnings today
Court also extended judicial custody of former CMD of Religare Enterprises Limited Sunil Godhwani for two weeks
Additional Sessions Judge Sandeep Yadav sent Singh to ED remand after the agency sought his 14-day custodial interrogation.
Besides Malvinder, Delhi High Court also remanded Sunil Godhwani, former CMD of Religare Enterprises Ltd, to ED's custody till November 28
The SC held former Ranbaxy promoters Malvinder Singh and Shivinder Singh guilty for violating its earlier order asking them not to divest their shares in Fortis Healthcare
Singh and Godhwani are accused of laundering money, punishable under sections 3 and 4 of the Prevention of Money Laundering Act
The Supreme Court held Fortis' founders -- Malvinder Singh and Shivinder Singh -- guilty of contempt of court
The Supreme Court on Friday held former Ranbaxy promoters Malvinder and Shivinder Singh guilty of contempt of court for violating its order asking them not to divest their shares in Fortis Healthcare.
Metropolitan Magistrate Deepak Sherawat also extended the judicial custody of three others, Sunil Godhwani, Kavi Arora and Anil Saxena
A Delhi court Friday granted the police 4-day custody of former Fortis Healthcare promoters Malvinder Singh, his brother Shivinder and three others, arrested for allegedly misappropriating funds of Religare Finvest Ltd (RFL) and causing it losses of Rs 2,397 crore. Chief Metropolitan Magistrate Deepak Sherawat allowed custodial interrogation of the five people arrested by the Economic Offences Wing (EOW) of Delhi Police. Malvinder (46) was arrested on Friday morning while Shivinder (44), Sunil Godhwani (58), the former chairman and managing director of Religare Enterprises Ltd (REL), Kavi Arora (48) and Anil Saxena, who occupied important positions in REL and RFL, were arrested Thursday by the EOW for allegedly diverting the money and investing in other companies.