E-PaperFortis Healthcare Sale News
Fortis management protested, but was overruled: CEO Bhavdeep Singh
When the Fortis Healthcare management became aware of loans made to companies linked to the Singh brothers, they raised a voice of protest, they were overruled, says CEO Bhavdeep Singh
5 min read6 Aug 2018Fortis gets a ₹4,000 crore lifeline from IHH Health
Fortis says IHH Healthcare will invest ₹4,000 crore at ₹170 per share in the company that operates about 30 private hospitals
4 min read13 Jul 2018Fortis Healthcare: Four bidders and a fiasco
Given the current troubles at the company and concerns about corporate governance, it has to be seen if Fortis Healthcare can realize a good value for its stake
2 min read14 May 2018Manipal-Fortis bid: Had to take ‘more risky’ approach, says Ranjan Pai
Manipal and its consortium partner TPG Capital are offering Rs160 per share to buy Fortis Healthcare, valuing the company at Rs8,350 crore
1 min read7 May 2018Proxy advisor questions legitimacy of Fortis Healthcare sale process; warns of class action suit
Move casts a shadow on the ongoing Fortis Healthcare sale process, an outcome of which is expected after the company board meets on 26 April
1 min read24 Apr 2018Fortis Healthcare should put this bid to bed and forget its founders
For a company that needs to forget its founders, the TPG-Manipal-Pai prop is as comfy as a hospital bed can be
2 min read17 Apr 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared