IHH said that it is seeking appropriate legal advice on the matter.

The Supreme Court has termed IHH Healthcare's decision to infuse Rs 4,600 crore into Fortis Healthcare to buy back hospital assets from Rel...

In separate talks to invest $350-400 million in PCR Investments.

A bench comprising Chief Justice Ranjan Gogoi and Justice Sanjiv Khanna said that it would accord final hearing in the case on Feb 26.

Under the deal, IHH will pay Fortis 40 billion rupees for 31 per cent stake.

IHH also plans to fill top-management vacancies following the resignation of Fortis’ CFO Gagandeep Singh Bedi and CEO Bhavdeep Singh.

The Competition Commission of India approved this deal earlier this month.

IHH, which is taking charge of Fortis following a deal approved by the Competition Commission of India earlier this month, is expected to a...

IHH Healthcare Bhd and Manipal Health Enterprises are left in the fray for acquisition of Fortis Healthcare, ET reported.

Including the warrant subscription amount, their upfront investment would be Rs 1,050 crore. The offer is valid until May 15.

Fortis has a market value of about $1.3 billion.

ET had reported that IHH Healthcare Bhd will be buying a controlling stake in Fortis Healthcare.

According to reports, the Fortis Healthcare and SRL Diagnostics combined value stands at around Rs 19,000 crore

IHH is likely to use the funds for buying hospital assets in India, a strategy that annoyed Prathap Reddy family, the promoters of Apollo H...

Singapore-based Jubilant Pharma could award mandates as early as next month.

The founders have stated in their petition that the proposed rights issue amounted to forcing the minority holders to buy shares, violating...

As part of this transaction, IHH will use Rs 265 crore to fund the hospital chain's capex requirements and to optimise its current cost of ...