Once leading lights in India’s healthcare industry, the Singh brothers' spectacular fall from grace plumbed new depths this week due to a very public falling out between the two.
Shivinder and Malvinder Singh had been chairman and chief executive officer, respectively, of cash-strapped Fortis Healthcare, India's second-largest private hospital group, but stepped down in ignominy seven months ago.
Since then, IHH group of Malaysia have had a $1.29 billion takeover accepted by the Fortis board and accepted by shareholders after a bidding war with TPG-backed Manipal Helath Enterprises and KKR-backed Radiant Life, .
And now the younger Shivinder...
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