News for 'Fortis'

Capgemini India CEO bats for 47.5-hour work week, no weekend e-mails

Capgemini India CEO bats for 47.5-hour work week, no weekend e-mails

Rediff.com25 Feb 2025

Joining the debate on working hours, IT services company Capgemini India's chief executive Ashwin Yardi on Tuesday advocated 47.5 hours work per week, and was against sending e-mails to employees on weekends. He was speaking at Nasscom Technology and Leadership Forum (NTLF) in Mumbai.

Polybags clogged toilets: Why Air India flight returned to Chicago

Polybags clogged toilets: Why Air India flight returned to Chicago

Rediff.com11 Mar 2025

Days after its Delhi-bound aircraft returned to Chicago due to unserviceable lavatories, Air India on Monday said its probe found that polythene bags, rags, and clothes had been flushed down and were stuck in the plumbing.

Manipur: 42 firearms surrendered, 2 bunkers destroyed; AK, 3 SLRs seized

Manipur: 42 firearms surrendered, 2 bunkers destroyed; AK, 3 SLRs seized

Rediff.com2 Mar 2025

Forty-two more firearms and cartridges have been surrendered by the public in five districts of ethnic strife-torn Manipur, police said. The surrender comes after Governor Ajay Kumar Bhalla urged warring groups to voluntarily surrender weapons robbed from security forces and other illegally held firearms within seven days. The deadline was later extended till March 6. The surrender of firearms follows months of ethnic violence between Meiteis and Kuki-Zo groups that has resulted in the deaths of over 250 people and left thousands homeless.

Budget allocates Rs 3,481 cr to wipe out Maoist menace

Budget allocates Rs 3,481 cr to wipe out Maoist menace

Rediff.com1 Feb 2025

The Union Budget 2025-26 has allocated Rs 3,481.27 crore for security-related expenditure (SRE) and the Special Infrastructure Scheme for Left Wing Extremist (LWE) areas. The BJP-led Centre has set a target of March 2026 to end the Maoists menace in the country. The allocation is considered significant in the wake of Union Home Minister Amit Shah's repeated statements that the Narendra Modi government has resolved to end Naxalism in the country by March 2026. This year, till January-end, 40 Naxalites have been killed in separate gunfights in the worst Naxal-hit state of Chhattisgarh. Last year, 219 Naxalites were neutralized by security forces in separate encounters in Chhattisgarh. Six Maoists were killed in Odisha in 2024, while eight were arrested and 24 had surrendered. According to the home ministry's data, 48 Naxals have so far been killed this year in all Naxal-affected states, 290 were killed in 2024 and 50 in 2023. The government has also established 290 camps of security forces in Naxal-affected areas since 2019 and 88 more are proposed to be set up in 2025.

Rain fury wreaks havoc in Northeast; lakhs hit, toll at 36

Rain fury wreaks havoc in Northeast; lakhs hit, toll at 36

Rediff.com3 Jun 2025

So far, over 30 people have died across Northeastern states due to heavy rainfalls, floods and landslides, according to media reports.

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

Experts say regular health check-ups must amid rising heart attacks

Experts say regular health check-ups must amid rising heart attacks

Rediff.com13 Apr 2025

Recent reports of heart attacks occurring while dancing, driving, or even walking have raised concerns about the condition's unpredictability. Experts emphasize the importance of regular health check-ups to detect underlying heart diseases and prevent sudden cardiac events. Factors contributing to the rise include unhealthy lifestyles, genetic predisposition, and inadequate sleep. The article highlights the need for increased public awareness and stricter implementation of government programs to address the growing trend of heart attacks, particularly among younger individuals.

Despite market volatility, corporate fundraising at record high in FY25

Despite market volatility, corporate fundraising at record high in FY25

Rediff.com28 Mar 2025

Fundraising by Indian companies through equity and debt reached an all-time high in the financial year 2024-25 (FY25), according to data collated by primedatabase.com. Fundraising through debt stood at Rs 11.1 trillion in FY25, including contributions from InvITs (infrastructure investment trusts) and REITs (real estate investment trusts).

Takeover battle over, Munjal-Burman team bags Fortis

Takeover battle over, Munjal-Burman team bags Fortis

Rediff.com11 May 2018

Their offer values Fortis at over Rs 9,000 crore, or around Rs 172 per share.

Fortis shareholders vote out director, shadow over sale

Fortis shareholders vote out director, shadow over sale

Rediff.com23 May 2018

Brian Tempest is among the four directors of cash-strapped healthcare chain whose removals were sought by two institutional investors. Three directors -- Harpal Singh, Sabina Vaisoha and Tejinder Singh Shergill -- had already resigned before the EGM.

Jhunjhunwala, shareholders question Fortis-Manipal deal

Jhunjhunwala, shareholders question Fortis-Manipal deal

Rediff.com5 Apr 2018

Analysts feel Fortis Healthcare share holders are at a disadvantage and deal valuations had been short of expectations

Fortis share issue: Malvinder, Shivinder found guilty of contempt

Fortis share issue: Malvinder, Shivinder found guilty of contempt

Rediff.com15 Nov 2019

A bench comprising Chief Justice Ranjan Gogoi and Justice Deepak Gupta held the former Ranbaxy promoters guilty of contempt of court and said that they had violated its earlier order by which the sale of their controlling stakes in Fortis Group to Malayasian firm IHH Healthcare was put on hold.

History In 3 Minutes: Battle of Vasai

History In 3 Minutes: Battle of Vasai

Rediff.com18 Feb 2025

Chimaji Appaji remains one of the foremost military generals of the Maratha Empire who inflicted a crushing defeat on the Portuguese.

Why Fortis Healthcare has a bevy of suitors

Why Fortis Healthcare has a bevy of suitors

Rediff.com1 May 2018

With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India's second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds. Therefore, any international or domestic hospital chain that buys Fortis will simply catapult to the numero uno position.

Why IHH's takeover of Fortis may not be smooth

Why IHH's takeover of Fortis may not be smooth

Rediff.com19 Jul 2018

On Wednesday, Daiichi Sankyo's lawyers argued for a stay on stake sale by Fortis, which was opposed by counsels of the hospital chain and promoter entities.

Stunning Caitlin Sandra Neil Is Miss India USA 2024

Stunning Caitlin Sandra Neil Is Miss India USA 2024

Rediff.com19 Dec 2024

Chennai-born Indian American teenager Caitlin Sandra Neil has been crowned Miss India USA 2024 at the annual pageant held in New Jersey.

Fortis wants Sebi to take legal action against Singh brothers

Fortis wants Sebi to take legal action against Singh brothers

Rediff.com25 Feb 2019

The previous board of Fortis Healthcare had links with Singh brothers and there was an investigation by law firm Luthra and Luthra into Rs 472 crore that was diverted into other companies.

Highest Selling New Drug In India Is...

Highest Selling New Drug In India Is...

Rediff.com11 Feb 2025

Enhertu currently costs around Rs 1.6 lakh per 100-milligram injection.

Biden's big move ahead of Trump's inauguration

Biden's big move ahead of Trump's inauguration

Rediff.com20 Jan 2025

United States President Joe Biden on Monday issued pre-emptive pardons for General Mark Milley, Dr Anthony Fauci and members of Congress who served on the committee investigating the January 6, 2021, attack on the Capitol as a shield against possible retaliatory action against them by his incoming successor, CNN reported.

How Fortis Healthcare's fortunes will change post acquisition by IHH

How Fortis Healthcare's fortunes will change post acquisition by IHH

Rediff.com16 Jul 2018

In its investor presentation, IHH said it wanted to develop Fortis into a market leader.

Bhavdeep Singh, the CEO who championed organ donation quits Fortis

Bhavdeep Singh, the CEO who championed organ donation quits Fortis

Rediff.com9 Nov 2018

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.

Sudhir Ghosh: The MP Who Foresaw Quad

Sudhir Ghosh: The MP Who Foresaw Quad

Rediff.com17 Mar 2025

After the 1962 War with China, there was a demand to forge greater defence cooperation between India and the West. One such voice was that of Sudhir Ghosh, a distinguished MP, to tie up strategic cooperation with the USA immediately after the Chinese attack on India, recalls Rup Narayan Das.

Lower input costs may aid pharma firms' Q2 margins

Lower input costs may aid pharma firms' Q2 margins

Rediff.com21 Oct 2024

Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.

Fortis injects a dose of movies

Fortis injects a dose of movies

Rediff.com19 Jan 2013

Gurgaon hospital to screen cinemas as non-commercial venture.

100 missions in next 5 years? Why not, says ISRO

100 missions in next 5 years? Why not, says ISRO

Rediff.com29 Jan 2025

ISRO is part of an exclusive league which has forayed into the Moon and Sun.

ED arrests ex-Fortis promoter Malvinder Singh

ED arrests ex-Fortis promoter Malvinder Singh

Rediff.com14 Nov 2019

Malvinder is accused of laundering money, punishable under sections 3 and 4 of the Prevention of Money Laundering Act.

Why Sunil Munjal is keen to acquire Fortis

Why Sunil Munjal is keen to acquire Fortis

Rediff.com17 Apr 2018

According to Munjal, there is an opportunity for somebody who comes from a not for profit background in health care to do something.

Fortis eyes Trehan's Medicity

Fortis eyes Trehan's Medicity

Rediff.com7 Dec 2006

Fortis Healthcare Limited is close to picking up a majority stake in Naresh Trehan's upcoming Medicity project in Gurgaon, with the contours of the agreement expected to be finalised within a month.

14 Maoists gunned down in Chhattisgarh

14 Maoists gunned down in Chhattisgarh

Rediff.com21 Jan 2025

Earlier on Monday, two women Naxalites were killed and one CoBRA jawan was injured in an encounter during the same operation, they said.

'A Great Soul Of India'

'A Great Soul Of India'

Rediff.com28 Dec 2024

He won two terms in office, which was a stunning feat for a leader who used his silence as the most vocal weapon to change the economy and the lives of a billion people, asserts Tarun Vijay, former BJP MP and former Chief Editor, Panchjanya, the RSS weekly.

Fortis buys hospital chain in Vietnam

Fortis buys hospital chain in Vietnam

Rediff.com11 Aug 2011

To pick up 65% in Hoan My Medical Corporation; deal to be completed in 45 days.

Chiefs of two Fortis arms moving out

Chiefs of two Fortis arms moving out

Rediff.com30 Nov 2010

Vishal Bali, the CEO of Fortis Hospitals, has relinquished his post to take charge as head of Fortis Global Healthcare (FGL) in Singapore, Bhavdeep Singh, the CEO of listed entity Fortis Healthcare Ltd, is resigning from his post on personal reasons. A company spokesperson said the developments were not related.

IDBI, Fortis plan insurance JV

IDBI, Fortis plan insurance JV

Rediff.com6 Mar 2006

Industrial Development Bank of India Ltd on Monday said it will enter into a memorandum of understanding with Netherlands-based Fortis Insurance International NV for setting up a joint venture company. \n

Why The South Is Worried About Delimitation

Why The South Is Worried About Delimitation

Rediff.com28 Feb 2025

'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.

BEWARE! High nitrate levels found in groundwater in 440 districts

BEWARE! High nitrate levels found in groundwater in 440 districts

Rediff.com2 Jan 2025

High nitrate levels have been found in groundwater of 440 districts across India, with 20 per cent of the samples collected exceeding the permissible nitrate concentration, the Central Ground Water Board (CGWB) has said in a report.

Apollo, Fortis, Max announce limited vaccine drive for 18-44 yr olds

Apollo, Fortis, Max announce limited vaccine drive for 18-44 yr olds

Rediff.com30 Apr 2021

Three big private hospital chains -- Apollo, Fortis and Max -- on Friday announced the launch of Covid-19 immunisation drive for the 18-44 age group at limited centres in the country from May 1 while the Delhi government said it will start the vaccination exercise once it receives doses from the manufacturers.

'Fortis has not been doing well in the last 12-18 months'

'Fortis has not been doing well in the last 12-18 months'

Rediff.com29 Mar 2018

Bhavdeep Singh, the CEO of Fortis Healthcare said that they haven't been able to focus on the business due to an internal issue, especially with regard to the promoters

Former Fortis promoter Malvinder Singh arrested

Former Fortis promoter Malvinder Singh arrested

Rediff.com11 Oct 2019

He was detained on the intervening night of Thursday and Friday in Ludhiana and was formally arrested on Friday morning after he was brought to New Delhi by a team of the Economic Offences Wing, Additional Commissioner of Police (EOW) O P Mishra said.

99 And Seven Decimal Points

99 And Seven Decimal Points

Rediff.com11 Mar 2025

'Does 99 percent guarantee character and capacity for an independent awareness of life or does it make you -- barring exceptions -- a compliant careerist beholden to governments and corporations?' 'What kind of political and social choices would such minds make?' asks Shyam G Menon.

Bypolls in 15 assembly seats across 4 states on Wednesday

Bypolls in 15 assembly seats across 4 states on Wednesday

Rediff.com20 Nov 2024

Bypolls will be held on Wednesday in 15 assembly seats spread across Uttar Pradesh, Punjab, Kerala and Uttarakhand. The bypolls, however, will not have any direct impact on the respective legislative assemblies. The results will be declared on November 23. In Uttar Pradesh, polling will be held in Katehari, Karhal, Meerapur, Ghaziabad, Majhawan, Sisamau, Khair, Phulpur and Kundarki. Ninety candidates are in the fray in these seats with the maximum of 14 in Ghaziabad. This will be the first electoral test of the INDIA bloc as well as the NDA in the politically-crucial state after the Lok Sabha elections. In Punjab, bypolls will be held in four assembly seats - Gidderbaha, Dera Baba Nanak, Chabbewal (SC) and Barnala. The bypolls were necessitated after MLAs representing them were elected to the Lok Sabha. Polling will also be held for the Palakkad seat in Kerala and Kedarnath in Uttarakhand.