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Fortis Co-Owner Leaves ₹7500 Crore Empire To Join Spiritual Group


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Fortis Hospital co-owner Shivinder Singh announced that he will be stepping down as the high-tech hospital chain's vice-chairman to 'give back to society.' 

Shivinder will be joining a spiritual group based in Punjab - Radha Soami Satsang Beas - and will be giving up the ownership by January 2016.  
 

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Source: english.manoramaonline.com

All of 40, Shivinder will be serving as the non-executive vice-chairman with effect from January 1, 2016, said a company spokesperson. 
 

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Source: www.businesstoday.in

Singh co-founded the chain of hospitals with his brother Malvinder Singh in 1996, which is now a super-specialty chain of high-tech hospitals across India. 

While making the announcement, Shivinder said that he has invested 2 decades of his life to nurture the hospital and feels that there is a need to return benefits reaped from the society. "Hence, I have decided to join Radha Soami Satsang Beas of Amritsar," he added, reported ABP news. 

 

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