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Former promoters of Fortis Healthcare Ltd, Malvinder Singh and Shivinder Singh, are the persons responsible for the financial absurdity of the company. (Photo: ANI)

SEBI asks Fortis Healthcare to recover USD 55 mn from founders, 8...

SEBI will carry out a detailed investigation to protect the interests of Fortis Healthcare shareholders.

18 Oct 2018 11:16 AM IST

Fortis Healthcare board

IHH assumes control of Fortis, board approves Rs 4,000 cr preferential...

The board also approved the appointment of four IHH nominees on Fortis board.

14 Nov 2018 10:48 AM IST

Promoters of Fortis Healthcare, Malvinder Singh and Shivinder Singh. (Photo: ANI)

Singh brothers took USD 78 million out of Fortis without board...

Results for Q2 could not be tabled before Board for approval and same was communicated to stock exchanges on Nov 14,...

9 Feb 2018 5:51 PM IST

Promoters of Fortis Healthcare, Malvinder Singh and Shivinder Singh. (Photo credit: fortishealthcare.com)

Fortis Healthcare's Malvinder, Shivinder Singh step down

Board of directors will take up the matter of the duo's resignation in a meeting on February 13.

9 Feb 2018 5:37 PM IST

Fortis last week to Rs 155 per share by valuing the hospital business higher at Rs 6,061 crore, from Rs 5,003 crore initially.

Fortis board to meet on May 10 to decide on binding bids

The committee will evaluate all binding bids received by the company till forenoon of May 1, it said in a filing to BSE.

28 April 2018 10:23 AM IST

Fortis last week to Rs 155 per share by valuing the hospital business higher at Rs 6,061 crore, from Rs 5,003 crore initially.

Suitors for India's Fortis revise bids ahead of panel recommendation

On Monday, Fortis said the Hero-Burman consortium had extended the validity period on its offer to May 4.

25 April 2018 10:46 AM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Malaysia's IHH makes binding offer to invest Rs 650 cr in Fortis

IHH has also demanded that it be given the right to appoint two directors on the board of Fortis.

24 April 2018 5:56 PM IST

Fortis last week to Rs 155 per share by valuing the hospital business higher at Rs 6,061 crore, from Rs 5,003 crore initially.

Munjals, Burmans extend validity of their offer for Fortis

Hero Enterprise Investment, Burman Family have extended the validity of their improved, joint binding offer to invest Rs...

23 April 2018 2:16 PM IST

Fortis last week to Rs 155 per share by valuing the hospital business higher at Rs 6,061 crore, from Rs 5,003 crore initially.

Fortis receives non-binding offer from KKR-backed Radiant Life Care

Radiant Life Care has offered to acquire at least 26 per cent stake in Fortis Healthcare.

20 April 2018 12:22 PM IST

Company is evaluating the same and the same shall be placed before the Board of Directors in due course.

Group of shareholders seek removal of 4 directors: Fortis

Fortis stock was trading 1.28 per cent up at Rs 146.45 on BSE.

19 April 2018 2:21 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Malaysia's IHH says Fortis board declines to engage on takeover offer

Some of Fortis's minority shareholders are dissatisfied with the Manipal offer.

16 April 2018 12:17 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Hero, Dabur offer to invest Rs 1,250 crore in Fortis

Fortis board on Wednesday saying it may be willing to pay as much as Rs 160 per share to acquire control of the company.

13 April 2018 11:04 AM IST