हिंदी में पढ़ें

Fortis Healthcare

Rakesh Jhunjhunwala shareholding in Fortis Healthcare jumps!

Rakesh Jhunjhunwala shareholding in Fortis Healthcare jumps!

Tue, Jan 21, 2020

Rakesh Jhunjhunwala has increased his capital exposure in Fortis Healthcare from 1.66 per cent to 2.65 per cent.

Stocks to watch out for: SBI, PNB to Wipro - Follow these shares today; here's why

Stocks to watch out for: SBI, PNB to Wipro - Follow these shares today; here's why

Fri, Jun 07, 2019

There are series of events taking place into the government and corporate circles that may have its impact on the particular stocks. Zee Business TV makes a bunch of those stocks.

Ace investor Rakesh Jhunjhunwala removes money from this stock - What should you do? Find out

Ace investor Rakesh Jhunjhunwala removes money from this stock - What should you do? Find out

Fri, Jan 25, 2019

Earlier, Jhunjhunwala held about 2.41% stake in Fortis. So far, in six month’s period, Fortis has only grown by 1.96% which means there were barely any earnings made by Jhunjhunwala in this stock.

TRENDING NOW

IDBI Bank, Fortis Healthcare among five stocks hogging limelight today

IDBI Bank, Fortis Healthcare among five stocks hogging limelight today

Wed, Jun 27, 2018

MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.05 percent after touching a two-year trough on Tuesday. Markets have been pressured by sharp losses in China, where blue chips .CSI300 were near 13-month lows.

ICICI Bank, Fortis Healthcare, Jet Airways among 8 stocks buzzing in trade today

ICICI Bank, Fortis Healthcare, Jet Airways among 8 stocks buzzing in trade today

Mon, Jun 25, 2018

Stocks in focus today: IOC, BPCL and HPCL will remain in focus as OPEC has decided to increase oil output in its meeting held last week. Higher global output will help reduce petrol, diesel prices back home. Saudi had proposed to expand output by 10 lakh barrel per day.

NCLT allows Fortis to withdraw amalgamation scheme

NCLT allows Fortis to withdraw amalgamation scheme

Sat, Jun 16, 2018

Fortis Healthcare today said National Company Law Tribunal (NCLT) bench in Chandigarh has approved the withdrawal of the scheme of amalgamation between Fortis Malar Hospitals and SRL

Fortis withdraws "arrangement and amalgamation" scheme

Fortis withdraws "arrangement and amalgamation" scheme

Fri, Jun 15, 2018

The company cited delays in the process as one of the reasons to withdraw the scheme. FHL said the entire process was expected to be completed in 6-8 months, however, due to reasons beyond its control, the process has taken over 19 months and is still not complete.

Fortis scraps SRL, Fortis Malar merger scheme

Fortis scraps SRL, Fortis Malar merger scheme

Thu, Jun 14, 2018

"The entire process was expected to take 6-8 months, however, due to reasons beyond the company's control, the process has taken over 19 months and is still not complete," Fortis Healthcare said in a late night filing on Wednesday.

Fortis Healthcare extends deadline for submission of binding bids to June 28

Fortis Healthcare extends deadline for submission of binding bids to June 28

Tue, Jun 12, 2018

Last month, Fortis Healthcare had initiated a fresh time-bound bidding process for its sale after terminating the offer made by the Munjal-Burman combine. The earlier deadline for submitting fresh binding bids was June 14.

Fortis Healthcare appoints Ravi Rajagopal as chairman

Fortis Healthcare appoints Ravi Rajagopal as chairman

Fri, Jun 01, 2018

Ravi Rajagopal in his 35 years long career has worked in various entities like ITC, Ranbaxy Laboratories and Diageo.

Fortis Healthcare launches new bidding process

Fortis Healthcare launches new bidding process

Tue, May 29, 2018

Fortis`s board earlier this month approved an investment offer for 18 billion rupees ($265 million) from the Hero Enterprise Investment Office and the Burman Family Office consortium, but shareholders were lukewarm to the plan which waived due diligence. The planned stake size was not disclosed. Bidders in the new round should submit their offers by June 14, with a minimum investment of 15 billion rupees by way of preferential allotment. They were given 10 days to conduct financial and legal due diligence.

Fortis Healthcare undecided on reopening bidding process

Fortis Healthcare undecided on reopening bidding process

Tue, May 29, 2018

The Hero Enterprise Investment Office and Burman Family Office’s offer this month to invest 18 billion rupees ($267 million) in the company did not go down well with Fortis shareholders, who voted out a director last week. Three directors resigned ahead of the vote.

Fortis Healthcare gets approval from Hero-Burman to re-open bidding

Fortis Healthcare gets approval from Hero-Burman to re-open bidding

Mon, May 28, 2018

Fortis Healthcare said it has received a letter from Hero Enterprise Investment Office and Burman family Officer ...Giving their consent to re-open the bidding process to enable the company to move ahead with the fund-raising transaction.

Fortis Healthcare sale: Manipal-TPG extends validity of its 'modified new offer'

Fortis Healthcare sale: Manipal-TPG extends validity of its 'modified new offer'

Fri, May 25, 2018

Fortis Healthcare (FHL) has said that a consortium of Manipal-TPG has extended the validity of its "modified" new offer to invest in the company. As per a late night BSE filing on Wednesday, FHL said that its Board has received a letter from Manipal-TPG for extending the validity of their "modified" new offer till June 6 from the earlier date of May 29.

Fortis Healthcare investors vote out fourth director after divisive investment decision

Fortis Healthcare investors vote out fourth director after divisive investment decision

Wed, May 23, 2018

Fortis has received five offers from local and international suitors wanting to invest in the firm or buy it. Though in need of funds, the company has become an attractive asset as private healthcare spending grows in India while the government expands access to insurance in a country lacking adequate health facilities.

Insider trading at Fortis Healthcare? Watchdog eyeing a scam

Insider trading at Fortis Healthcare? Watchdog eyeing a scam

Wed, May 23, 2018

Market regulator Securities and Exchange Board of India (Sebi) is probing suspected insider trading by some institutional investors and other regulatory lapses at Fortis Healthcare amid a takeover battle and boardroom upheaval at the hospital chain, officials said.

Independent director quits Fortis board ahead of stakeholders meet

Independent director quits Fortis board ahead of stakeholders meet

Sun, May 20, 2018

Fortis Healthcare today said its independent director, Lt Gen Tejinder Singh Shergill, has resigned from the board due to personal reasons

Fortis Healthcare share price rallies 4 pct after Manipal, TPG swoop in with sweetened bid

Fortis Healthcare share price rallies 4 pct after Manipal, TPG swoop in with sweetened bid

Tue, May 15, 2018

Fortis Healthcare share price rallied over 4 per cent after Manipal Hospital and private equity firm TPG Capital Management on Monday sweetened their bid to buy Fortis Healthcare, just days after the Fortis board said it favoured a rival offer to the dismay of many shareholders.

Fortis Healthcare sale: Manipal refuses to back-off from fight, makes fresh offer

Fortis Healthcare sale: Manipal refuses to back-off from fight, makes fresh offer

Tue, May 15, 2018

Barely days after, the Fortis Healthcare Board took a decision to go ahead with Hero Enterprise Investment Office-Burman Family Office offer, the consortium of Manipal Health Enterprises (MHE)-TPG Capital is yet to give up.

Fortis Healthcare share price slips 4%; should you buy?

Fortis Healthcare share price slips 4%; should you buy?

Fri, May 11, 2018

Fortis Healthcare share price slipped nearly 4 per cent on Friday after its board approved binding offer from Hero-Burman family offices.

Hero-Burman consortium set to buy Fortis Healthcare as board gives thumbs-up

Hero-Burman consortium set to buy Fortis Healthcare as board gives thumbs-up

Fri, May 11, 2018

The Munjal-Burmans combine had given their revised offer on May 1, which included an upfront equity infusion of Rs 800 crore at a price of Rs 167 per share into the company through preferential allotment, it added.

Fortis Healthcare overhaul demand: Directors warn of turbulence

Fortis Healthcare overhaul demand: Directors warn of turbulence

Thu, May 10, 2018

Minority shareholders - National Westminster Bank Plc as Trustee of Jupiter India Fund, East Bridge Capital Master Fund Ltd and East Bridge Capital Master Fund I Ltd had sought the removal of directors after the initial offer inked with Manipal Health Enterprises (MHE)-TPG Capital, which they said undervalued Fortis. The shareholders were also against excluding the non-binding offers and have demanded an extraordinary general meeting (EGM), which will now be held on May 22.

Latest bid for Fortis Healthcare more risky, says Manipal CEO

Latest bid for Fortis Healthcare more risky, says Manipal CEO

Tue, May 08, 2018

Fortis Healthcare has been a target of five firms and investment groups vying for control of its 30-odd hospitals across India. Among them is Malaysia’s IHH Healthcare, which wants to invest as much as 40 billion rupees at 175 rupees a share, higher than the share price offered by Manipal.

Load More

LIVE TV

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x