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RELIGARE HEALTH TRUST
Religare Health Trust halts winding up plansMove after SC seeks inquiry into purchase of assets from trust by Fortis Healthcare using money from IHH. Last month, the court questioned ...
IHH infusion into Fortis dubious, clandestine: SCThe Supreme Court has termed IHH Healthcare's decision to infuse Rs 4,600 crore into Fortis Healthcare to buy back hospital assets from Rel...
LVB hits lower circuit as EOW files case against firmThe FIR is based on a complaint filed by Religare Finvest Limited (RFL).
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...
Fortis Healthcare to buy 51% stake in RHT unit for Rs 970 crore"The economic impact to Fortis would be lower as Fortis owns 28 per cent equity stake in RHT," Fortis Healthcare said in a statement.
Fortis completes $14.9-million acquisition of Singapore firm ReligareThe company announced that it will fully acquire RHTTM, incorporated in Singapore, which acts as a trustee manager to Religare Health Trust...
Fortis arm acquires Religare Health Trust Trustee ManagerFortis Healthcare said one of its subsidiaries has entered into an agreement with RGAM Investment Advisors and other stakeholders.
Religare plans to list alternative asset management arm in SingaporeCurrently, Religare Global Asset Management contributes over 10% to Religare Enterprises’ total revenue. RGAM manages five global funds.
Greater domestic focus helps Fortis turn profitableFortis, which manages over 75 healthcare facilities and 240 diagnostic centres, reported a profit after five consecutive quarters of operat...
Fortis Healthcare net profit jumps 26-fold on one-time gainFortis Healthcare's consolidated net profit recorded a 26-fold rise to Rs 705.03 crore for the quarter ended December, 2012.
- Australian sale may be healthy for Fortis Healthcare
Fortis has diffused its focus venturing into regions such as Australia, New Zealand and Canada, taking the inorganic route.
- Fortis sponsored Religare Health Trust raises Rs 2,260 crore on Singapore Exchange
Following the listing, Fortis will continue to hold 28 per cent stake in RHT through its wholly-owned overseas subsidiary, it added.
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 IPO
Fortis 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 Healthcare
Fortis 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...
- Religare Tech unveils healthcare assistance service
Healthline 24x7 claims to empower people with reliable, relevant and in-depth health information.