We were aggressively expanding and investing heavily in various new hospital projects. But the global meltdown and crash of the markets put a lot of financial strain on us, says Habil Khorakiwala.
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.
He felt dizzy late on Wednesday night and was taken to the Fortis Hospital in Gurugram, where he was declared "brought dead on arrival," they said.
Here's a look at just some of the bigwigs who took the anti-Covid jab.
Though the government claims there are more beds than needed, the national capital's COVID-19 reality, retold through social and other media, is also about the anguish of sons, daughters, wives and others trying desperately to get medical help for their unwell family members.
Slated to become the second healthcare company after Apollo Hospitals to go public, Fortis will offload up to 25 per cent equity through the IPO. The rest will remain with the promoter family.
'General Paddy was amongst the last line of generals who stood by his convictions and brooked no interference in matters which were his domain.' Lieutenant General Zameer Uddin Shah (retd) salutes his former chief who passed away on August 19.
Officials said in the evening that a six-metre section of a steel pipe had been inserted into the bored passage. Another section was being welded into it. The plan is to insert 800 mm and 900 mm diameter pipes -- one after the other -- with the help of the giant drill till an escape passage is created for the workers stranded beyond the collapsed portion of the under-construction tunnel.
Earlier Milkha's golfer son Jeev had said that the decision to hospitalise him was a precautionary measure.
Study suggested that constant use of Semaglutide may be linked to development of a condition called non-arteritic ischemic optic neuropathy.
Fortis Healthcare Executive Vice-Chairman Shivinder Mohan Singh is stepping down from his position to join a philosophical and spiritual organisation.
In a statement, Fortis said under the accepted offer, IHH would infuse Rs 4,000 crore through subscription to the preferential allotment at a price of Rs 170 per share. The Malaysian firm will then make a mandatory open offer to public shareholders for 26 per cent of the outstanding shares post issuance.
According to Rajeev Jayadevan, co-chairman, national Indian Medical Association Covid Task Force, the current scenario qualifies as a wave.
Hospital chain Fortis Healthcare on Thursday said it is acquiring 23.9 per cent stake in the Singapore-based healthcare firm Parkway Holdings for about $685.3 million (nearly Rs 3,100 crore).
With around 2 million Covid vaccine doses likely to get wasted in December, leading hospital chains have now started to give it gratis to citizens. Sohini Das and Ruchika Chitravanshi report.
Swara Bhasker, who welcomed her baby girl Raabiyaa on September 25, shared pictures on Instagram and thanked the doctors and nurses who helped her during her delivery.
The company will start construction on the 950-bed medicity tomorrow. It will be spread over 10.7 acres of land.
Hospital chain Fortis Healthcare's Rs 1,000 crore (Rs 10 billion) rights issue is likely to hit the market by October, with the firm taking fresh steps to realise the plan.
Pele posted a picture of him receiving the vaccination on Instagram giving a thumbs up sign.
The sector has expansion plans worth more than Rs 2,000 crore to increase their bed strength in response to robust demand. Fortis, which now manages 3,000 beds with a network of 26 hospitals, is planning to double capacity by 2012 with 40 hospitals. Apollo Hospitals, which has 7,500 beds in 43 hospitals in India and overseas, plans to add 2,000 beds in two years. Meanwhile, the 17-hospital Wockhardt chain will soon add hospitals at Kolkata, Mumbai and at Nasik in Maharashtra.
Jodhiram Dhurve said he will never be able to forget the accident as he has lost 10 members of his family.
Next year Medica and Manipal will merge, making the amalgamated entity the largest corporate hospital chain in the country, overtaking Apollo Hospitals Enterprises.
"We are in a very comfortable situation today. The daily requirement of oxygen is 3.6 metric tonnes and we have about six tonnes available which will last for the entire day. It is quite a comfortable situation."
His COVID positive wife Nirmal Kaur (82), however, "continues to battle it out bravely," according to the spokesperson.
Health experts express concern about the unsupervised consumption of dietary supplements, warning poor-quality products can affect cardiovascular health and kidneys.
Motherless baby Damini, who was admitted at a private hospital in Jaipur following government support, was discharged on Monday in a healthy condition.
While the infection has been mild in most reported cases, those below two years of age are showing signs of acute infection.
Milkha was on Monday admitted to the ICU after testing positive for the virus last Wednesday. He was diagnosed with "COVID pneumonia" on the same day of his admission.
Malaysia's sovereign fund Khazanah on Monday offered to acquire full control of Parkway at SGD 3.95 per share with rival India's Fortis Healthcare agreeing to sell its entire stake in the hospital chain.
Brajesh Mishra, the country's first National Security Adviser who played a key role in foreign policy matters and pushed for deeper engagement with the United States, died in New Delhi on Friday evening following a heart ailment.
Fortis Healthcare and its founders, the Singh family, on Thursday made a $2.3 billion (around Rs 11,000 crore) bid to acquire all the shares in Singapore-based hospital chain Parkway in response to an offer launched by Malaysian fund Khazanah.
'The residents are a bit apprehensive about the lack of complete trial in case of Covaxin and might not participate in huge numbers thus defeating the purpose of vaccination. We request you to vaccinate us with Covishield which has completed all stages of trial before its roll-out'
Just a week ahead of the ICC World Cup, Mahendra Singh Dhoni has become a father. The Indian captain's wife Sakshi gave birth to a baby girl at a private hospital in Gurgaon.
'This year there is a sharp spike in fever cases, and it seems to be more than the pre-COVID-19 levels.'
Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.
The Punjab government has declared a holiday on Thursday as a mark of respect to the former chief minister.
Students must pay attention to their health and avoid discussing the paper after the exam says Dr Samir Parikh, behavioural sciences expert from Fortis Hospital.
Milkha had earlier said that a couple of house helps had been infected by the virus after which his family underwent tests.
Battling an acute shortage of oxygen, some hospitals in Delhi on Sunday sent out desperate SOS calls to authorities to replenish their dwindling stocks, with one healthcare facility even requesting the government to shift out its patients.
The Mathura MP's Mercedes car reportedly rammed into an oncoming Maruti Alto.
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