Fortis Healthcare

Fortis Healthcare News

Sebi asks IHH Healthcare to proceed with open offer for Fortis after HC permission

The company is waiting for a go-ahead to proceed with its stalled open offer to acquire an additional 26.1 per…

Updated: November 17, 2022 20:30 IST

IHH may need HC nod for Fortis open offer

Sources aware of the development told FE that the market regulator has been advised on these lines by a senior…

November 16, 2022 05:40 IST

IHH’s open offer for Fortis illegal: Daiichi to Sebi

The Japanese pharma major is also filing a plea before the Delhi HC seeking appointment of forensic auditors to analyse…

November 15, 2022 05:45 IST

“Had the SC order been categorical on open offer, there would not have been an issue of interpretation,” Rajagopal said, adding that when the matter comes up in the HC, they would present their stand.

IHH to float open offer for Fortis if Sebi concurs with our legal view: MD & CEO

However, legal observers told FE that the matter is not that straightforward and simple, as the Delhi High Court has…

November 10, 2022 03:00 IST

Fortis Hospital, Fortis Hospital Noida, stroke patient, ambulance service, health news, healthcare news,

Fortis Hospital Noida launches 24/7 ambulance service for stroke patients

According to doctors and health experts, the burden of stroke is increasing in India; stroke is now the fourth leading…

November 9, 2022 17:16 IST

Fortis Healthcare, Fortis Hospital, Fortis Hospital Greater Noida, health news,

Fortis launches new 200 bedded multi-specialty hospital in Greater Noida

Fortis Healthcare claims that the facility is expected to receive a large number of international patients as a major airport…

October 3, 2022 18:10 IST

Fortis share sale, Fortis share forensic audit, IHH Healthcare Berhad

Fortis share sale: SC orders forensic audit

Refuses to allow Malaysia’s IHH to go ahead with open offer

September 23, 2022 05:50 IST

Fortis Healthcare, Malvinder Singh, Shivinder Singh, Supreme Court, Chief Justice Uday Umesh Lalit, Daiichi, IHH Fortis deal

Ex-Fortis Healthcare promoters Malvinder Singh, Shivinder Singh awarded 6-month jail term by SC

A bench headed by Chief Justice Uday Umesh Lalit also awarded six months jail term to the former promoters of…

Updated: September 22, 2022 19:50 IST

Fortis healthcare shares | IHH Healthcare Sale share |

Fortis Healthcare’s share tanks 20 percent after SC extends stay on IHH open offer

Fortis Healthcare share price tumbles over 19% during Thursday’s trading session: Fortis’ shares dropped by their most since January 2008,…

September 22, 2022 16:07 IST

Rakesh Jhunjhunwala stock: Fortis Healthcare share price up 8% in one month, analysts see more upside

Analysts remain bullish despite the fact that Fortis Healthcare reported a 69% decline in net profit in the April-June quarter.

August 10, 2022 10:21 IST

Fortis Q1 profit falls 69 pc at Rs 134 cr

The healthcare major had logged a net profit of Rs 431 crore, which included an exceptional gain of Rs 306…

August 6, 2022 10:43 IST

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Fortis Healthcare announces Q1 results; Revenues up 18.5% at Rs. 1,488 Crore

Meanwhile, both, Q1 FY22 and Q4 FY22 witnessed an impact on hospital revenues due to higher covid cases and a…

August 5, 2022 21:39 IST

Investor Guide – Healthcare: Recent correction makes the space attractive

Ebitda estimates for FY23/24 changed due to expansion, allied factors; Fortis is the top pick, followed by Max.

June 27, 2022 02:00 IST

Fortis Healthcare plans to add around 1,500 new beds in 3 years

The company has also lined up a capex of Rs 400 crore for the ongoing fiscal which will be divided…

May 31, 2022 16:46 IST

Subsequently, the regulator had initiated an investigation into the matter to examine possible violation of the provisions of the PFUTP (Prohibition of Fraudulent and Unfair Trade Practices).

Fortis Healthcare case: Sebi slaps penalties worth Rs 38.75 crore on 32 entities

The matter goes way back to 2018 when a media report came out that the promoters of the listed FHL…

May 19, 2022 20:11 IST

Fortis Healthcare case: Sebi slaps Rs 24 crore penalties on Singh brothers, 7 other entities

Sebi on Tuesday barred the Singh brothers from the securities market for a period of three years. They have also…

April 19, 2022 22:30 IST

Surgeons at Delhi hospital remove live botfly from an American woman’s eye — here’s how botflies infected her

The patient addressed the doctors at Fortis Hospital in New Delhi describing the sensation of something moving inside her eyelid…

February 22, 2022 19:17 IST

Rakesh Jhunjhunwala, Lupin, Fortis Healthcare, The Mandhana Retail Ventures, MCX, TARC

Rakesh Jhunjhunwala exits MCX, cuts stakes in 2 more firms after Lupin, Fortis Healthcare

Rakesh Jhunjhunwala has exited MCX, after trimming his stakes in at least four firms — Lupin, Fortis Healthcare, The Mandhana…

October 18, 2021 15:27 IST

Rakesh Jhunjhunwala trims stake in Fortis Healthcare even as stock rallies over 72% so far this year

Rakesh Jhunjhunwala has cut a stake in a healthcare firm Fortis Healthcare to 4.23 per cent

October 18, 2021 12:03 IST

Krishna Institute of Medical Sciences, KIMS Hospitals, IPO

Krishna Institute of Medical Sciences’ Rs 2,144-cr IPO opens June 16; price band fixed at Rs 815-825 apiece

Krishna Institute of Medical Sciences’ Rs 2,144-crore initial public offering (IPO) will open for subscription next week on June 16,…

Updated: June 11, 2021 12:16 IST

Rakesh Jhunjhunwala, big bull, fortis healthcare

Rakesh Jhunjhunwala raises stake in Fortis Healthcare; share price rallies 30% in Jan-Mar 2021

Ace investor Rakesh Jhunjhunwala has raised his stake in Fortis Healthcare in the January-March quarter of the year 2021.

April 14, 2021 11:29 IST

Thursday's order of the SC comes after it had asked the lenders on February 11 to explain their role in the transfer of Fortis Healthcare's shares to IHH Healthcare Berhad despite the Delhi High Court’s and its directions barring any such transfer.

Daiichi arbitration: Fortis stake sale to IHH Healthcare comes under cloud

SC directs lenders to place on record all details of loans, securities extended to former promoters and share sale

February 19, 2021 05:45 IST

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