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Latest Articles in fortis healthcare

Fortis, Apollo Roll Out Sputnik V At 2 Hospitals In Delhi-NCR; Over 3,000 Vaccinated

Fortis Healthcare had earlier announced that it will start administering the two-dose Russian vaccine at its Gurugram and Mohali facilities from June 19.

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Fortis Healthcare Contributes Rs 8.62 Cr To Bharat Ke Veer Corpus Fund

The fund is utilised for the welfare of close family members of the martyrs of the Central Armed Police Forces, who have made supreme sacrifices in the service of the nation.

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Fortis Healthcare Reports Fall In Hospital Occupancy Due To COVID-19 Crisis

The company's diagnostics business also witnessed 75 per cent drop in volumes in April. Patients choose to postpone elective procedures while there was a significant drop in footfalls in the outpatients department (OPD).

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Yes Bank Sells 6.7% Stake In Fortis Healthcare

The public statement came a day after the private lender informed stock exchanges after market hours that it has reduced its exposure to the Religare Group with this transaction.

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IHH Healthcare Halts Open Offer For Fortis After Supreme Court Ruling

Cash-strapped Fortis accepted IHH'S investment offer in July after an extended bidding war for control of the company which operates about 30 private hospitals in India

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Fortis Healthcare Plunges; Report Says Supreme Court Puts Sale On Hold

Cash-strapped Fortis, which operates about 30 private hospitals in India, accepted an investment offer from IHH in July after an extended bidding war for control of the company

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SEBI Asks Fortis Healthcare To Recover $55 Million From Founders, Eight Firms

A detailed investigation of the entire scheme employed in this case is necessary to find out the role of each entity in the alleged routing of funds, says SEBI

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Malvinder Forged Wife's Signature, Says Brother Shivinder Singh

In a petition filed before NCLT, Former Fortis Healthcare promoter Shivinder Singh has alleged that his brother Malvinder forged his wife's signature to execute illegal financial transactions

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Fortis Healthcare Quarterly Loss Widens On Impairment Charges

Fortis has become the target of a bidding war by suitors seeking to get a share of a boom in India's private healthcare market

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'Revlon Duties' In The Indian Context

Constituting an independent committee to oversee the sale without relying solely on representations of any person on matters that are easily verifiable

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Clouds Over Hospital Chain Fortis Keep Suitors From Making Higher Bids

Analysts, bankers and consultancy firms say Fortis, with around 30 hospitals, mostly in large cities in a country that lacks good public healthcare facilities, an established brand and good roster of doctors, is a rare and attractive asset in a market that is growing strongly

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Fortis Gets Unsolicited Offer From KKR-Backed Radiant Life Care

In its non-binding offer, Radiant has proposed to make an investment and/or re-structure Fortis Healthcare, Fortis said in a statement

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Fortis Board To Meet This Week To Consider Takeover Options

Some of Fortis's minority shareholders are dissatisfied with the Manipal offer, and it is unclear if the IHH price appeals to them

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Manipal In Deal To Buy Fortis Hospitals, Set To Face Fortis Shareholder Ire

About 38 per cent would be owned by Manipal Chief Executive Ranjan Pai, while US buyout firm TPG would hold 20.7 per cent

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Fortis Healthcare Shares Dive 11% On Hospital Business Demerger

The healthcare chain said its board has given nod for the demerger of its hospital business into Manipal Hospital Enterprises

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