E-PaperFortis Healthcare Shares News
Once bitten, twice shy: Fortis Healthcare investors wary of rewarding performance
Fortis shares lost 4.8% over the past year even as the company saw a change in management and fund infusion to help it tide over its liquidity crunchHowever, the fiscal year FY19 ended on a positive note with the core hospital business showing signs of stability
2 min read5 Jul 2019Fortis withdraws amalgamation scheme with SRL, Fortis Malar
Fortis Healthcare says the scheme of amalgamation with Fortis Malar and SRL could not be completed even after 19 months due to reasons beyond the company's control
1 min read14 Jun 2018Fortis Healthcare shares plunge 11% on sale of hospital business
Fortis Healthcare shares slumped 11% after the company announced the sale of its hospital assets to Manipal Health Enterprises and TPG Capital
1 min read28 Mar 2018Yes Bank sells 2.17% stake in Fortis Healthcare
Yes Bank had acquired 17.31% stake in Fortis Healthcare following invocation of nearly 9 crore pledged shares last month
1 min read16 Mar 2018Yes Bank acquires 17.31% stake in Fortis Healthcare
Yes Bank has acquired 17.31% stake in Fortis Healthcare following invocation of nearly 9 crore pledged shares last month
1 min read14 Mar 2018Fortis case: Supreme Court allows financial institutions to sell pledged shares
Supreme Court clarifies an earlier order while hearing an appeal of Daiichi Sankyo, which is seeking to enforce the arbitral award against Malvinder Singh and Shivinder Singh, the original promoters of Ranbaxy and Fortis
1 min read15 Feb 2018Fortis Healthcare board clears RHT Health Trust portfolio purchase for Rs4,650 crore
Fortis Healthcare board approves proposed acquisition of entire portfolio of Singapore-listed RHT Health Trust (RHT) for an enterprise value of around Rs4,650 crore
1 min read15 Nov 2017Rekha Jhunjhunwala buys Fortis Healthcare shares worth Rs60 crore
Rakesh Jhunjhunwala's wife Rekha picked up 45 lakh shares of Fortis Healthcare for an estimated Rs60 crore through an open market transaction
1 min read22 Aug 2017Fortis Healthcare shares slump 13%
Fortis Healthcare shares slumped 12.96% after Malaysia's IHH Healthcare Berhad said it is not concluding any negotiations to buy controlling stake in Fortis
1 min read23 Jun 2017Standard Chartered PE sells 1.41% stake in Fortis for Rs139 crore
Standard Chartered Private Equity (Mauritius) III sold a total of 73,04,455 shares, amounting to 1.41% stake, of Fortis Healthcare
1 min read17 Apr 2017Popular 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