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Resurgence PE, Jacob Ballas look to harvest money from legacy India bet

Healthcare

12 October, 2023

Resurgence PE, Jacob Ballas look to harvest money from legacy India bet

Mid-market private equity firms Jacob Ballas and Resurgence PE Investments, which manages the now-inactive Avigo Capital’s legacy portfolio, are eyeing ......

SC extends stay on Fortis' stake sale to IHH

Healthcare

22 September, 2022

SC extends stay on Fortis' stake sale to IHH

The Supreme Court on Thursday ordered maintenance of status quo with regard to the sale of controlling stake in Fortis ......

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Resurgence PE, Jacob Ballas take deep haircut from private-sector lender

Finance

05 March, 2020

Resurgence PE, Jacob Ballas take deep haircut from private-sector lender

Private equity firms Jacob Ballas and Resurgence PE Investments, which manages the now-inactive Avigo Capital’s legacy portfolio, have taken a ......

Fortis mulls legal options after apex court slaps contempt notice

Healthcare

18 November, 2019

Fortis mulls legal options after apex court slaps contempt notice

Fortis Healthcare Ltd on Monday said it is considering legal options after the apex court on Friday held former Ranbaxy ......

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In charts: The big Indian business houses that have virtually crumbled

Finance

18 July, 2019

In charts: The big Indian business houses that have virtually crumbled

For the past several months, Dewan Housing Finance Corp Ltd has been struggling to survive. The Kapil Wadhawan-led company reported ......

Sony, Comcast vie for stake in Zee Entertainment; PSP, Ferrovial eye GVK Airport

General

19 February, 2019

Sony, Comcast vie for stake in Zee Entertainment; PSP, Ferrovial eye GVK Airport

The promoters of Zee Entertainment Enterprises Ltd have shortlisted Japan’s Sony Corp, US cable services provider Comcast and Comcast-backed investment ......

IHH Healthcare puts open offer for Fortis on hold after SC ruling

Healthcare

17 December, 2018

IHH Healthcare puts open offer for Fortis on hold after SC ruling

Malaysia's IHH Healthcare Bhd said on Monday its open offer to buy an additional 26 percent stake in Fortis Healthcare ......

SC puts Fortis sale to IHH on hold over plea against Singh brothers

Healthcare

14 December, 2018

SC puts Fortis sale to IHH on hold over plea against Singh brothers

Shares of Fortis Healthcare Ltd posted its biggest intraday fall in over 8-1/2 months after a CNBC TV18 report said ......

Fortis Healthcare CEO Bhavdeep Singh resigns

Healthcare

08 November, 2018

Fortis Healthcare CEO Bhavdeep Singh resigns

Fortis Healthcare Ltd, India's second-largest hospital chain, said on Thursday Bhavdeep Singh has resigned as the company's chief executive officer. The ......

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 ......