Fortis Healthcare aims to focus on revenue growth initiatives this fiscal"For the year 2021-22, our focus would be on revenue growth initiatives, including building our franchise in the catchment areas, engaging ...
11 Jul, 2021, 12.48 PM IST
Fortis Healthcare rechristened as Parkway, old name discontinued as part of brand & logoThe company said that the decision to rebrand Fortis was taken to disassociate itself from the ex-promoters.
14 Aug, 2020, 05.07 PM IST
IHH to continue to execute Fortis plan: Koji Nagatomi, India Chairperson MitsuiIHH Healthcare Berhad’s acquisition of Fortis Healthcare has been caught in a logjam since December 2018 after the Supreme Court put the sa...
05 Aug, 2020, 12.11 AM IST
Mitsui asks Daiichi to let IHH off the hook in Singh bros Fortis caseDaiichi has taken Fortis founders Malvinder and Shivinder Singh to court for a Rs 3,600 crore ($500 million) arbitration award granted by a...
19 Nov, 2019, 06.54 AM IST
Believe in Indian judicial process, hopeful of a positive outcome in SC: IHH MD&CEO Tan See LengThe SC had earlier extended status quo order on the open offer of the IHH to acquire 26 per cent stake in Fortis to the next hearing.
01 Mar, 2019, 05.56 PM IST
SC refuses interim order on sale of Fortis shares to Malaysian firm; final hearing on Feb 26A bench comprising Chief Justice Ranjan Gogoi and Justice Sanjiv Khanna said that it would accord final hearing in the case on Feb 26.
15 Feb, 2019, 09.38 PM IST
Deloitte Haskins resigns as Fortis Healthcare's statutory auditorPost induction of additional nominee directors of IHH on the boards of the company, IHH prefers to align its auditors on a group wide basis
29 Dec, 2018, 07.19 PM IST
IHH infused Rs 4,000 crore into Fortis in November: Tan See LengIHH is the single largest shareholder in the Indian hospital chain with 31% it acquired through a preferential allotment.
17 Dec, 2018, 07.02 AM IST
Supreme Court’s status quo order puts open offer on hold, IHH says in internal noteThe open offer was scheduled to start on December 18 and conclude on January 1. Fortis shares fell 6.8% to Rs 141.65 at the close on the BS...
16 Dec, 2018, 10.37 PM IST
SC order does not impact 31.1% stake sale to IHH Healthcare: FortisFortis also clarified that it was not a party to the judicial proceedings in which the SC order has been passed.
15 Dec, 2018, 08.41 PM IST
SC stalls IHH's acquisition of Fortis HealthcareDaiichi argued on Friday that the IHH-Fortis deal would impact the enforcement of its arbitration award against the Singhs, according to on...
15 Dec, 2018, 08.14 AM IST
SC puts Fortis Healthcare sale on hold; shares tank over 10%The report further added that the court orders a status quo on Singh brothers’ assets.
14 Dec, 2018, 12.31 PM IST
IHH Healthcare submits fresh bid for FortisIHH today issued a letter to the board of Fortis "setting out a binding offer, which supersedes and replaces the enhanced revised proposal,...
03 Jul, 2018, 05.21 PM IST
Fortis stock slips after deal undoneShare prices of Fortis on BSE dropped 12.96 per cent to close at Rs 172.30 on Friday following the development, while market cap eroded by ...
24 Jun, 2017, 12.39 AM IST
Fortis Healthcare plunges on IHH clarification on stake purchaseET had reported that IHH Healthcare Bhd will be buying a controlling stake in Fortis Healthcare.
23 Jun, 2017, 10.01 AM IST
IHH Healthcare Berhad to acquire 73.4 per cent in GE Medical for Rs 1,284 croreIHH Healthcare Berhad, has signed an agreement to acquire a 73.4 per cent stake in GE Medical Associates Private that runs Global Hospitals...
29 Aug, 2015, 11.07 AM IST
Malaysia’s IHH Healthcare Berhad may acquire Global Hospitals in Rs 1,000-cr dealMalaysia's IHH Healthcare Berhad is set to acquire Global Hospitals Group, India's 4th largest healthcare network, in one of the biggest M&...
30 Apr, 2015, 11.17 AM IST