Malvinder Mohan Singh and Shivinder Mohan Singh the founders of Fortis healthcare limited is an established chain of super speciality hospitals based in Delhi.
On 12 March 2010, Fortis Healthcare bought 23.9% stakes in Singapore's Parkways Holdings Ltd. On 29 May 2012, Fortis Healthcare reported an increase of 41.34% in the consolidated net profit for Q4.
According to forbes the net worth of these Sikh gentlemen is $2.4 billion.They have a education of Bachelor of Arts / Science, St Stephen's College (India); Master of Business Administration, Fuqua School of Business.
They rank 35 among richest Indians.
They have made the Sikh community proud .
Since selling their pharma interests seven years ago, siblings Malvinder and Shivinder Singh have focused on building a healthcare empire. But scaling back from an ambitious regional expansion, they are lately expanding in India. Their listed hospital chain Fortis Healthcare, which has 55 hospitals, agreed to sell its Singapore diagnostics arm, Radlink-Asia, to IHH Healthcare for $107 million last year but the deal is awaiting regulatory approvals. Fortis is building new hospitals in Chennai and Bangalore. Their financial services arm Religare Enterprises, which is keen to get into banking, is meanwhile mulling a Singapore listing of its alternative assets arm.
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