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Latest Articles in fortis
US-Based Trust Files Suit Against Fortis, Others; Seeks $6.5B In Damages
The complaint has been filed for the alleged violation of the US Racketeer, Influenced and Corrupt Organizations Act, copyright infringement, tortious interference with contracts, etc.
Read MoreEx-Fortis Healthcare Promoter’s Wife Lodges FIR Of Rs 200 Cr Fraud
The police informed the Delhi police to register the FIR with the Special Cell and soon after arrested inmate Sukesh Chandrasekar from inside Rohini jail, and his two associates, who collected the cash on his behalf.
Read MoreReligare Case: Delhi Court Dismisses Shivinder Mohan Singh's Bail Plea
Additional Sessions Judge Sandeep Yadav said the accused Shivinder Mohan Singh utilised the proceeds of crime and various acts attributed to him regarding advancement of unsecured loans to different entities have come to the light during the investigation.
Read MoreMalaysia's IHH Healthcare Wins Over Fortis With $1.1 Billion Takeover Bid
Fortis will issue IHH new shares at Rs 170 per share, a roughly 20 percent premium to its last closing price. Under Indian regulations, IHH will then bid for another 26 per cent of Fortis at the same price, offering up to Rs 33 billion
Read MoreMalaysia's IHH Says Fortis Board Declines To Engage On Takeover Offer
Shares of Fortis fell about 2 percent on Monday after the announcement by IHH and were down 1.87 percent around 0512 GMT, while trading in IHH shares listed in Kuala Lumpur was halted
Read MoreFortis Shares Jump As Troubled Singh Brothers Quit As Directors
A separate lawsuit filed by a New York-based investor at the Delhi high court in November accuses the Singh brothers of "diversion, siphoning and digression of assets" from financial firm Religare Enterprises
Read MoreFortis Dengue Case: NPPA Seeks Bill Copies From Hospital
Haryana government has set up a three-member committee to probe allegations that Gurugram's Fortis Hospital overcharged the family of the 7-year-old girl, who died of dengue
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