Business Standard

Learn from the villains

India Inc needs to realise that the standards of corporate ethics and governance are much below acceptable levels

Shivinder Singh and Malvinder Singh
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Kavil Ramachandran
This generation has not done anything; they are only enjoying the benefits of the wealth created by the previous generations. They have no right to destroy the wealth,” said the family leader of a 13-generation-old global company. This has to be read along with the court ruling on the controversial Religare Singh brothers to pay $2.50 million to Daichi. To recall, it was not they but their father Parvinder Singh who had created the wealth in Ranbaxy. It is ironical that Shivinder Singh had sued his brother Malvinder Singh in a related case! This reflects a dark side of the
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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