IHH Healthcare Began Discussion with SEBI Over Fortis Open Offer
Malaysia’s IHH Healthcare has started discussions with Indian authorities, including Sebi, to finalise its open offer for Fortis Healthcare, the Economic Times said on October...
Tag : fortis healthcare
Fortis Healthcare’s Consolidated Net profit Drops 69% to Rs 134 Crore in Q1
Fortis Healthcare has reported a 69% drop in consolidated net profit at Rs 134 crore for the June quarter of FY23. The healthcare major registered...
SEBI Orders Singh Brothers To Repay Rs 403 Crores To Fortis Hospital
Securities and Exchange Board of India (Sebi) has directed Fortis Healthcare Ltd and Fortis Hospitals to recover Rs. 403 crores, along with interest, from the...
CCI Approves IHH Healthcare To Acquire Controlling Stake In Fortis
Malaysia-based IHH Healthcare has been approved by anti-trust regulator Competition Commission of India (CCI) for the acquisition of a controlling stake in India’s second largest...
Ravi Rajagopal appointed as Fortis Healthcare chairman
Fortis Healthcare has appointed Ravi Rajagopal, non-executive independent director, as Chairman of the board with immediate effect. Rajagopal was nominee of minority shareholders East Bridge Capital and...
Fortis Healthcare to demerge hospital division into Manipal Hospitals
Fortis Healthcare has received approval from its board, to demerge its hospital business to Manipal Hospital Enterprises. The board has also given approval to sale...
Yes Bank acquires 17.31% stake in Fortis Healthcare
Yes Bank has acquired 17.31% stake in Fortis Healthcare and has become the biggest stakeholder in Fortis. The company in a release said, Yes Bank...
Singh brothers resigns from Fortis Healthcare board
Singh brothers, Mr. Malvinder Mohan Singh, Executive Chairman and Dr. Shivinder Mohan Singh, Non-Executive Vice Chairman have resigned from their directorships of the Fortis Healthcare....
Fortis Healthcare has approved demerger of diagnostics business
The board of Fortis Healthcare has provided its approval to demerger of its diagnostics business into another group firm Fortis Malar Hospitals. Fortis Healthcare has...
Fortis Healthcare reports Q4 net loss at Rs 91 crore, board to consider SRL demerger
Fortis Healthcare has posted a consolidated net loss of Rs 90.86 crore for the quarter March 31, 2016, even as the board of the company...