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Jhunjhunwala, shareholders question Fortis-Manipal deal

Analysts feel Fortis Healthcare share holders are at a disadvantage and deal valuations had been short of expectations Ace investor Rakesh Jhunjhunwala and many minority investors are said to be...

Bhavdeep Singh, the CEO who championed organ donation quits Fortis

Singh, who was instrumental in building required capabilities in the organisation said his role at Fortis did not allow him to spend time with his family, as the reason behind his resignation. As...

Fortis receives revised offer from Malaysia's IHH at Rs 175 per share

Fortis Healthcare has already received binding offers from four entities - KKR-backed Radiant Life Care, IHH Healthcare, Manipal/TPG consortium, and Munjal and Burman family offices. Ahead of the...

Trinity Capital hikes stake in Fortis Health

UK based Trinity Capital (Eight) Limited has increased its stake in Ranbaxy group promoted Fortis Healthcare Limited (FHL) to four per cent from one per cent, through an additional investment of Rs...

Fortis to re-brand itself as Parkway

The company said this was ‘important’ to reinforce the ‘complete disassociation’ from its erstwhile promoters -- Malvinder and Shivinder Singh. Leading hospital chain...