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Fortis subsidiary Escorts Heart Institute receives SEBI notice in funds diversion caseFortis Healthcare on Friday said its subsidiary, EHIRCL, received the notice on April 15, 2021.- Sebi order throws a spanner into Singh brothers' plansAn enquiry is needed to find out the role of each entity in the alleged fund routing.
- Singh brothers may have taken fresh loans from Fortis to repay funds diverted from hospital chain, company saysIn light of ongoing investigations into the transactions, the Fortis board said at this juncture it was unable to determine whether a fraud...
- Fortis subsidiary directed to pay Rs 503 cr to DGHS within a monthFortis said Escort Heart Institute & Research Centre had received an order dated June 9, 2016, from Directorate General of Health Services ...
- Fortis Healthcare sinks on Rs 500-crore fine on subsidiaryHowever, the company has said it will challenge the order for the recovery of 'unwarranted profit' made by Escorts not following conditions...
- DHS asks Escort Heart Institute to deposit Rs 503 croreEHIRCL has further informed that the impugned order in its view is legally flawed and untenable, it added.
- Fortis to focus on expanding Escorts network post court rulingWith the litigation between Escorts Heart Institute and Anil Nanda decided in his favour, Fortis Healthcare Managing Director Shivinder Moh...
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