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SEBI asks Fortis Healthcare to recover $55 mn from founders, eight firms

Healthcare

18 October, 2018

SEBI asks Fortis Healthcare to recover $55 mn from founders, eight firms

India’s capital markets regulator has asked Fortis Healthcare to recover 4.03 billion rupees ($55 million) from its founder brothers and firms ......

KKR-backed Radiant Life to buy 49.7% stake in Max Healthcare

Healthcare

19 September, 2018

KKR-backed Radiant Life to buy 49.7% stake in Max Healthcare

Radiant Life Care Pvt. Ltd, a hospital chain backed by private equity firm KKR & Co., will buy the entire ......

After losing Fortis Healthcare, Shivinder Singh sues brother Malvinder

Healthcare

05 September, 2018

After losing Fortis Healthcare, Shivinder Singh sues brother Malvinder

Fortis Healthcare Ltd co-founder Shivinder Singh said on Tuesday he had filed a lawsuit against older brother Malvinder Singh, alleging “oppression ......

Fortis Healthcare CFO Gagandeep Singh Bedi resigns

Healthcare

30 August, 2018

Fortis Healthcare CFO Gagandeep Singh Bedi resigns

Hospital chain Fortis Healthcare Ltd said on Thursday that Gagandeep Singh Bedi has resigned as its chief financial officer. Bedi resigned ......

Fortis extends deadline to complete RHT Health Trust acquisition by three months

Healthcare

27 August, 2018

Fortis extends deadline to complete RHT Health Trust acquisition by three months

Fortis Healthcare Ltd said the acquisition of Singapore-listed RHT Health Trust has been pushed back by three months from 30 ......

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Why PM Modi's grand health insurance plan may benefit hospitals but not insurers

Healthcare

08 August, 2018

Why PM Modi's grand health insurance plan may benefit hospitals but not insurers

Next week, on Independence Day, Prime Minister Narendra Modi is widely expected to unveil the blueprint for implementing his government’s ......

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How Fortis deal fits into IHH Healthcare's global ambitions

Healthcare

13 July, 2018

How Fortis deal fits into IHH Healthcare's global ambitions

In June last year, when speculation was rife about IHH Healthcare Berhad leading the race to buy Fortis Healthcare Ltd, ......

Malaysia's IHH Healthcare wins bidding war for Fortis

Healthcare

13 July, 2018

Malaysia's IHH Healthcare wins bidding war for Fortis

Fortis Healthcare Ltd has accepted a proposal from Malaysia’s IHH Healthcare Berhad to inject as much as Rs 7,300 crore ......

IHH Healthcare ahead in race to buy Fortis; UPL may snap up Arysta LifeScience

General

09 July, 2018

IHH Healthcare ahead in race to buy Fortis; UPL may snap up Arysta LifeScience

Malaysia’s IHH Healthcare Berhad is likely to pick up at least a 51% stake in struggling hospital chain Fortis Healthcare ......

IHH Healthcare, TPG-backed Manipal submit new binding offers for Fortis

Healthcare

03 July, 2018

IHH Healthcare, TPG-backed Manipal submit new binding offers for Fortis

Malaysia’s IHH Healthcare Berhad and India’s Manipal Health Enterprises Pvt. Ltd have submitted new binding offers to acquire struggling hospital ......