Singh Brothers of Fortis- What Went Wrong ?

Please Click

https://www.livemint.com/Companies/qtfOwrskdEFz1TTfU7Ci6K/How-the-Singh-brothers-squandered-their-business-legacy.html

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also , please read

https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/wanted-a-nurse-for-fortis-who-wont-kill-it/articleshow/64926297.cms

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OLD POST 

February 13, 2018

Singh Brothers of Fortis Group

please click

http://www.business-standard.com/article/companies/why-the-billionaire-singh-brothers-could-be-entering-endgame-phase-118021201529_1.html


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also , please read

https://economictimes.indiatimes.com/industry/banking/finance/kkr-set-to-back-max-india-promoter-analjit-singh-with-rs-2000-crore-liquidity-infusion/articleshow/62610194.cms

https://economictimes.indiatimes.com/industry/miscellaneous/max-indias-analjit-singh-buys-house-owned-by-singh-brothers/articleshow/62894604.cms

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Bhai Mohan Singh''s business empire was divided among his 3 sons

.Of them , Parvinder got Ranbaxy. His sons Malvinder and Shivinder are , presently , in a sorry state of affairs .

Manjit ''s Montari group has , more or less , vanished.

Only Analjit ''s Max group is shining.

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Also , when Ranbaxy group was divided among brothers , public shareholders of Ranbaxy got shares of Investment companies of Montari group( of brother Manjit Singh ) and Cheminvest , etc of Max ( brother Analjit Singh group ).

Montari Chem Care Investments Limited vanished.

But Analjit Singh ( Max group )was very fair.
.
For 1 share ( Re. 1 paid up ) of Cheminvest - ultimately around Rs.94 was paid by the Promoters .Very fair valuation.

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In this ,my prized pic , my self on chair , behind me is my son Keshav , and on both sides Rahul Khosla and Mohit Talwar

( they are also my Fellow / Class Mate Stephanians )

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Blog Writer 

I had the honour of meeting ,in early 1980 s , Late Bhai Mohan Singh at Gymkhana Club, New Delhi. I was with my Mamaji ( maternal uncle ) Late Dewan Brij Kumar IFS . Mamaji had served in Italy as First Secretary and held concurrent accreditation as India 's Ambassador to Sn Marino. Late Bhai Mohan Singh was San Marino's Consul General to India.