Page 3 - Fortis Healthcare

Fortis Q3 net loss narrows to Rs 69.32 cr on good show in hospital business

The third quarter of 2019-20 continues to witness earnings growth with margin expansion in the hospitals business

Sebi to tighten open offer norms, proposes 10% interest in case of delay

The market regulator said for share acquisition, bulk deals more transparent than off-market route

Religare Finvest gets relief from appellate tribunal in fund diversion case

Tribunal pulls up Sebi for passing contradicting orders

No collusion with former promoters of Fortis Healthcare, says IHH

IHH acquired 31 per cent stake in Fortis last July, after a four-month bidding war involving rival hospital chains and private equity firms

Court extends ED custody of Malvinder Singh, Sunil Godhwani till Nov 23

The ED had arrested Singh and Godhwani in the money laundering case on November 14

SC holds Malvinder, Shivinder guilty of contempt in Daiichi Sankyo case

Daiichi Sankyo has alleged the brothers created encumbrances on 1.2 million shares of Fortis in violation of court orders

RFL case: ED arrests ex-Fortis Healthcare promoter Malvinder Singh

ED took the accused in its custody inside the Tihar central jail here

RFL case: Singh brothers said Rs 1,000 crore siphoned off, EOW tells court

The submission was made before Chief Metropolitan Magistrate Deepak Sherawat who extended by two days the police custody of the Singh brothers and Sunil Godhwani, the former chairman and MD of REL

YES Bank completely exits Fortis Healthcare, sells 6.6% stake in bulk deal

YES Bank had become Fortis's biggest shareholder with an approximate 17% stake

Top 10 biz headlines: PM to take call on stimulus, exports recover & more

From the finance ministry briefing PM Modi about the economic situation to merchandise exports recovering a bit, here are the top business headlines for Thursday

Fortis files suit to recover Rs 520 crore from Malvinder, Shivinder Singh

In October, the Sebi had directed Fortis to take necessary action to recover Rs 403 cr from Singh brothers

Mulling legal options to recover money from Malvinder Singh: Fortis CEO

Auditor states that more related party transactions cannot be ruled out

Fortis Healthcare drops plan to sell stake in RHT Health Trust, RHTTM

Since the process to explore the potential transaction was inconclusive, it was decided to close the bidding and search process

Fortis Healthcare back in black, reports Rs 135-crore profit in Q4

Fortis has said it is working on balance sheet strengthening through portfolio optimisation and non-core asset monetisation

Fortis Healthcare remains a critical asset for IHH's global plans

Malaysian firm building team in Fortis even as there is status quo on the deal

Allow IHH Healthcare to make an open offer: Fortis plea in Supreme Court

The open offer would have been triggered after IHH Healthcare bought a 31.1% stake in Fortis Healthcare for Rs 4,000 crore on November 13

Singh brothers diverted funds despite court orders: Daiichi to SC

Senior advocate F S Nariman said that they reduced their stakes in Fortis Healthcare Holding from more than 40 per cent on August 11, 2017 to less than 1 per cent now

Fortis Healthcare looks to sell stake in Singapore-listed RHT trust

FHIL and Stellant are both wholly-owned subsidiaries of FHL

Fortis asks Sebi to arrest Singh brothers for failing to repay Rs 400 crore

The company earlier this month had requested the Securities and Exchange Board of India to use its legal authority to recover the money from Malvinder and Shivinder Singh

SC refuses interim order on sale of Fortis shares; final hearing on Feb 26

The apex court was hearing the plea of Japanese firm Daiichi Sankyo which is seeking to recover Rs 3,500 crore, awarded to it by a Singapore tribunal in its case against Malvinder and Shivinder Singh