Singh brothers to fight â¹3,500 crore Daiichi case separately
Ex-Ranbaxy promoters Malvinder Singh and Shivinder Singh will be represented by separate lawyers in a case filed by drugmaker Daiichi Sankyo to enforce an arbitration award. A Singapore arbitration court ordered the brothers to pay â¹3,500 crore for concealing important information related to Ranbaxy when Daiichi acquired it in 2008. Last week, Shivinder broke business ties with his elder brother.