Sebi issues demand notices to 5 entities in Fortis Healthcare fund diversion caseFive entities, including Saubhagya Buildcon and Zolton Properties, have been issued notices by the Securities and Exchange Board of India (...
23 Jun, 2023, 10.06 PM IST
Daiichi seeks forensic audit into Fortis-IHH transactionsDaiichi is seeking an audit of the dilution of FHL shareholding, alleged violation of undertakings and assurance by the former FHL promoter...
07 Dec, 2022, 12.16 AM IST
Fortis Healthcare case: Sebi slaps Rs 24 cr penalties on Singh brothers, 7 other entitiesIn its order, Sebi noted that Singh brothers, RHC Holding, Malav Holdings and Shivi Holdings played a key role in the diversion of funds in...
19 Apr, 2022, 11.16 PM IST
Religare Finvest, Fortis Hospital's officials pay over Rs 4.3 cr to settle case with SebiThe independent directors were alleged to have aided in the misuse and diversion of public shareholders' funds through three borrower compa...
31 Jan, 2022, 05.52 PM IST
Supreme Court asks 17 lenders to explain Fortis Healthcare's stake saleThe top court asked the lenders to place on record the details of the encumbered and unencumbered shares of Fortis Healthcare Ltd (FHL) sta...
18 Feb, 2021, 10.35 PM IST
Ranbaxy-Daiichi case: SC asks lenders to place loan records of Malvinder, ShivinderThe Supreme Court on Thursday directed 17 banks and financial institutions of former Ranbaxy promoters Malvinder and Shivinder Singh to pla...
18 Feb, 2021, 08.44 PM IST
Sebi disposes of proceedings against 16 entities in Religare Finvest fund diversion caseAmong the 16 entities, the names of two entities have already been removed from the list by the regulator.
12 Nov, 2020, 10.00 PM IST
Sebi asks FHL to recover Rs 403 cr from Singh brothers, company tells HCDaiichi moved the high court seeking execution of the Rs 3,500 crore a Singapore tribunal's arbitral award won by it in April 2016.
15 May, 2019, 10.40 AM IST
YES Bank sells over 2% stake in Fortis HealthcareAccording to shareholding data on BSE, Yes Bank held 9.33 per cent stake in FHL as on November 21, 2018.
18 Dec, 2018, 08.38 PM IST
Fortis arm sells 15 lakh shares in RHT to FHILFHIL is a wholly-owned subsidiary of Fortis Healthcare Ltd (FHL).
07 Sep, 2018, 03.58 PM IST
Manipal-TPG combine extends validity of revised offer for FortisIn a letter to the directors of Fortis Healthcare Ltd, Manipal-TPG combine said it understands that the FHL board is still in the process o...
24 May, 2018, 02.14 PM IST
Manipal-TPG revises offer for Fortis Healthcare, values group at Rs 8,358 croreManipal-TPG have also proposed to merge MHEPL into Fortis Healthcare (FHL) and have valued the latter at Rs 8,358 crore for the same.
07 May, 2018, 12.14 PM IST
Fortis says Manipal-TPG waiver offer makes it difficult to run bidding processManipal-TPG had sought the right to deliver a revised proposal to the Fortis board during a period of no less than seven business days from...
26 Apr, 2018, 10.45 AM IST
ICRA downgrades credit ratings of Fortis Healthcare, subsidiariesThe long term rating of Fortis Healthcare Ltd has been revised to 'C' from BBB.
11 Apr, 2018, 03.01 PM IST
Delhi High Court asks Fortis Healthcare to respond on Daiichi's pleaThe court also asked RHC Holding Pvt Ltd and Oscar Investments Ltd, companies controlled by the Singhs, to explain how they had arrived at ...
05 Apr, 2018, 07.43 PM IST
After ICRA, CARE downgrades Fortis ratingThe ratings also take note of the group’s efforts to dilute stake in subsidiaries including FHL and sell other non-core assets intended to ...
14 Feb, 2018, 09.34 PM IST
- Trinity picks up 6 mn shares in Fortis
Medical tourism is one of the fastest growing sub sectors of the Indian service economy.
20 Mar, 2007, 06.20 PM IST