Economic Offences Wing of the Delhi Police has arrested Ranbaxy's former promoter Shivinder Singh and three others on the basis of a complaint given by Religare Enterprises Limited. Religare has accused them of diverting funds and misappropriation. Among the arrested are Sunil Godhwani. Both Singh and Godwani are former promoters of Religare Finvest. More details awaited...
Source: Mint October 10, 2019 12:22 UTC