The first phase of the three phase Jammu and Kashmir elections will be held on Wednesday, September 18, 2024.
Fortis Healthcare has also come under the lens of Sebi, which launched an investigation into alleged regulatory lapses
The Fortis group, meanwhile, said that all documents, statements and details required by the probe team of the Haryana government were provided.
Unperturbed by the concerns raised by the investment community, the Singh brothers, promoters of the Fortis hospital chain, recently completed the integration of their domestic and international health care businesses.
Acquisition is expected to be completed by mid-December.
'Many of these patients arrive at emergency departments in distress, struggling to breathe and requiring immediate medical intervention.'
Normal life was thrown out of gear in Kashmir on Saturday as most areas of the valley received snowfall, disrupting flight and railway operations and also leading to the closure of the Srinagar-Jammu National Highway, officials said.
Forty years after the Bhopal gas tragedy, 377 tons of hazardous waste has been shifted from the defunct Union Carbide factory for its disposal, an official said.
Special Judge Rakesh Siyal directed that Jagdish Tytler face trial.
A 32-year-old man chargesheeted in the deadly terror attack on a Central Reserve Police Force (CRPF) convoy in Jammu and Kashmir's Pulwama district five years ago has died of a heart attack in the Government Medical College Hospital in Jammu, officials said.
Fortis Healthcare, promoted by the Singh family of Ranbaxy, plans to expand its network to 40 hospitals within three years by either acquiring new facilities or setting up greenfield projects
Forty years after the 1984 anti-Sikh riots, a Delhi court on Friday ordered framing of charges for murder and other offences against Congress leader Jagdish Tytler in a case related to the killing of three people in north Delhi's Pul Bangash area during the violence.
Ranbaxy Group company Fortis Healthcare Ltd on Monday said it plans to have 25 hospitals across the country in the next three years and is looking into the possibility of tapping the capital markets for expansion.
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.
'RCB should take this chance. Somehow convince Rohit and make him the captain.'
'Nothing in this world is permanent. So also in business.' 'And more so in family businesses where family issues often influence business decisions,' point out S Subramanian and Nupur Pavan Bang.
Chess governing body FIDE's general assembly agreed to consider lifting parts of a ban on Russian and Belarusian players imposed after Moscow invaded Ukraine in February 2022, in a vote on Sunday in Budapest.
A deadly collision involving a gas tanker and multiple vehicles turned a stretch of the Jaipur-Ajmer highway here into an inferno on Friday morning, killing seven people, injuring more than 35 and engulfing over 30 vehicles in flames as thick black smoke filled the sky.
Her sister, who was 13 at the time, later told Sonia about the violence and killings of people from the Sikh community following former prime minister Indira Gandhi's assassination, she said in Delhi on Saturday at a press conference commemorating the 40th anniversary of the riots.
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.
Meanwhile, the Congress' data analytics department chairperson Praveen Chakravarty on Tuesday wrote to Chief Election Commissioner Rajiv Kumar, seeking assembly-wise voter rolls in excel sheet format for the Lok Sabha elections and the assembly polls in Maharashtra.
Following hectic negotiations, Fortis Healthcare managing director Shivinder Singh and Naresh Trehan have finally smoked the peace pipe
In a year bookended by intractable conflicts and geopolitical fragmentation, India focused on ramping up military prowess by broadly firming up defence procurement worth Rs 4.22 lakh crore even as Indian and Chinese militaries completed pulling back their troops from border face-off points in eastern Ladakh.
Fortis Healthcare Executive Vice-Chairman Shivinder Mohan Singh is stepping down from his position to join a philosophical and spiritual organisation.
Both civil and criminal action was being initiated against the hospital which was severely indicted of lapses by a probe panel in its report pertaining to the death of the seven-year-old girl, an official spokesperson said.
Fortis International has made seven acquisitions in 10 markets.
The group currently boasts a total strength of 8,000 beds and 56 multi-specialty hospitals across the globe.
Ranbaxy Group company Fortis Healthcare is targeting a pan-India presence with plans to set up 40 super-speciality hospitals by 2010.
Fortis Healthcare said its offer to acquire the shares of Parkway Holdings, the Singapore-based company that runs Asia's largest hospital network, will close on August 12.
A letter to the SIC by Fortis' legal representatives said the release issued on Wednesday by Integrated Healthcare Holdings, arm of Khazanah, calls into question the purpose and intention behind it. IHHL had said it has received the approval of the majority of eligible shareholders of Singapore-based hospital chain Parkway who have so far voted on its partial offer.
The Enforcement Directorate (ED) on Thursday arrested former Fortis Healthcare promoter Shivinder Mohan Singh in a money laundering case related to the alleged misappropriation of funds at Religare Finvest. A team of ED officials went to Tihar Jail and placed Singh under arrest as per the provisions of the Prevention of Money Laundering Act.
Fortis Healthcare Chairman Malvinder Mohan Singh on Wednesday said it planned to launch an IPO for its diagnostics business unit, Super Religare Laboratories (SRL), in 2011. SRL had acquired the diagnostics business of Piramal Healthcare for Rs 600 crore in the first quarter of this financial year.
Fortis Healthcare Limited, part of Ranbaxy Group, has announced plans to increase the number of its hospitals from 10 to 25 in the next 3 to 4 years, with a vision to set up a world class super speciality network.
Fortis Healthcare may avoid a hurried response to counter Malaysian investment fund Khazanah's bid to acquire management control over Asia's largest health care chain Parkway Holdings from Fortis which holds the largest number of shares in Parkway.
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 is reportedly close to acquiring 10 hospitals of healthcare major Wockhardt for up to Rs 1,200 crore (Rs 12 billion) and an announcement could be made anytime now.
