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RELIGARE BUSINESS TRUST
OTS complete, Religare Finvest looks to expand businessIn December, creditors to RFL approved settling of their Rs 5344 crore dues to more than a dozen lenders, with an immediate payment of Rs 2...- Religare Enterprises to raise Rs 570 cr via preferential sharesThe proposal was cleared by shareholders in the Extraordinary General Meeting (EGM) of the company held on Saturday, July 3.
- We are gearing up for Religare 2.0: Rashmi Saluja“We are positive that the Religare restructuring process will go through .”
- Ranbaxy to ruins: How the Singh brothers turned from business whizkids to fraud accusedThis is the story of the sorry fall of an empire that had risen from the ground up in the span of a few decades.
- I won't be silent anymore: Shivinder's charge against his brother in 6 pointsHeirs to a multi-million dollar pharmaceutical firm, the Singh brothers are fighting charges of financial impropriety.
- Religare inducts new members to Board, company says wants to ‘set house in order’The new Board, Religare said intends to ensure that the company and its subsidiaries are adequately staffed with highly experienced finance...
- Singh brothers, Malvinder and Shivinder, set to cede control in key businessesThe biggest sale will be that of Fortis Healthcare, for which a complex three pronged transaction is under discussion, said people aware of...
- London asset manager TCP buys Religare realty fundCerestra's real estate investments are focused on the educational infrastructure to create a specialist REIT to be listed on the bourses.
- Malvinder and Shivinder Singh looking to exit Religare Enterprises, Bain Capital, Baring in frayThe current market cap of Religare Enterprises is Rs 6,539.35 crore. Even at today's price, a 51% stake sale will generate at least Rs 3,25...
- Religare plans to raise Rs 1,000 crore for socially relevant assets under REITReligare Global Asset Management is working on a plan to build a portfolio of socially relevant assets that can be listed under a Real Esta...
- Fortis Healthcare to raise $100 million from World Bank armFortis Healthcare will raise $100 million ( 540 crore) from IFC Washington, the private sector arm of the World Bank.
- Fortis raises $ 100 million from IFC Washington, to launch IPP on Thursday to raise another 70 mnPreferential issue of equity shares to IFC will be done at Tuesday closing price of about Rs 100/share. The bond pricing will be the benchm...
- Fortis Healthcare to raise $200 mn, appoints three bankersPromoters of Fortis are looking at reducing their stake to 75% to adhere to Sebi’s new listing guidelines, along with fresh issue of shares.
- Fortis promoters to raise Rs 900 cr by selling 16.5% stake through offer for saleAn OFS will ensure 25% public shareholding mandated under Sebi guidelines, and will help the company to speed up its stake sale to PE funds.
- Fortis Healthcare raises $510 million through stake saleFortis Healthcare, India’s largest hospital chain, has raised a little over S$510 million, or Rs 2,300 crore, by selling about 70% stake in...
- Religare Health to raise upto Rs 2,373 crore in Singapore IPOFortis Healthcare Ltd today said it proposes to raise up to Rs 2,373 crore through an initial public offering (IPO) of Religare Health.
- Taking steps to reduce debt burden, says Fortis HealthcareFortis Health is taking a multi-pronged approach, including the listing of its clinical establishment division, to reduce its debt burden.
- Fortis Healthcare to list non-core business on Singapore ExchangeFortis Healthcare on Monday hived off its non-core business into a separate co that will be listed as a business trust on the Singapore Exc...
- Brokerages advising clients to discard Satyam from portfolioDomestic brokerages are advising clients to discard Satyam Computers from their portfolios.
- Religare mulls foray into asset management businessRanbaxy promoter group's financial services firm Religare Enterprises Ltd plans to enter into the asset management business, a top company ...
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