Fortis Global Healthcare on Thursday said it has acquired a specialised under construction cancer hospital in Singapore from First Real Estate Investment Trust for a consideration of SGD 33 million (over Rs 115 crore).
Non-emergency services, such as OPD and diagnostics, and elective surgeries at city-based health facilities, including at Centre-run AIIMS, Safdarjung hospital and RML hospital, are hit since Monday.
Fortis Healthcare plans to set up a sports science institute and build at least 10 more hospitals ahead of 2010 Commonwealth Games.
Move comes within months of acquiring Wockhardt hospitals. Fortis Healthcare, a hospital chain promoted by former Ranbaxy owners Malvinder Mohan Singh and Shivinder Mohan Singh, is close to a major acquisition overseas
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.
Strict screening protocols are to be implemented for passengers arriving from central African countries affected by the outbreak.
Cites long delays in reimbursement; Medanta, Max may follow suit.
Earlier on Wednesday, a committee formed by the Haryana government found criminal negligence on the part of the hospital, causing the death of the seven-year-old girl, who was suffering from dengue.
The relationship between the Singh brothers, erstwhile promoters of Fortis Healthcare, went sour after allegations of fund diversion from the healthcare chain emerged.
'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.
These centres will undertake stem cell clinical research procedures relating to diabetes, cancer, cardiovascular disease, and neurological ischemia.
Security was beefed up as agencies swept the airport terminals after the emails were received around 12.40 pm from the ID exhumedyou888@gmail.com.
Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.
Forty four years after Mohammed Rafi's untimely demise on July 31, 1980, at the young age of 55, the singer's work continues to enjoy a musical afterlife on radio, television and modern streaming channels.
The oldest patient at the hospital is 83, while the youngest is a two-year-old child who suffered a concussion.
Fortis Healthcare Holding Ltd on Thursday announced a medicity in Lucknow spread across 52 acres in a township being developed by Ansal Properties & Infrastructure.
Study suggested that constant use of Semaglutide may be linked to development of a condition called non-arteritic ischemic optic neuropathy.
Lyles and Hassan bookend fabulous Paris programme
The government on Saturday said a committee will be formed to propose safety measures for healthcare professionals even as OPD services were hit across the country as doctors joined the 24-hour nationwide strike called by the Indian Medical Association (IMA) to protest the alleged rape and murder of a trainee medic in Kolkata.
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).
'It hasn't wrinkled because truth doesn't wrinkle. It's like fire; it burns every time you touch it.'
Fortis and noted cardiologist Naresh Trehan seem to be heading toward an out-of-court settlement, with the warring factions saying they are trying to reach an amicable solution.
The company will start construction on the 950-bed medicity tomorrow. It will be spread over 10.7 acres of land.
A cross-border takeover thriller that not only saw corporate action but also diplomatic dealings and slugfests among bankers.
"The re-revised score cards are live now," a senior NTA official said.
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.
The court posted the matter for hearing on October 22.
Malvinder Mohan Singh and Shivinder Mohan Singh, the promoters of Fortis Healthcare, will acquire key subsidiaries of Hong Kong-listed Quality Healthcare Asia (QHA) for HK$1,541 million (approximately Rs 882 crore). QHA is the largest private integrated healthcare service platform in Hong Kong.
The high court imposed various bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.
According to the analysis, there has been a 55 percent increase in the number of MPs with declared criminal cases since 2009.
Fortis Global Healthcare Holdings on Wednesday said it will acquire 30 per cent stake in Australia's Dental Corporation for about AUD 100 millions (about Rs 450 crore).
Better margins, lower interest outgo could see the company turn profitable in FY15.
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.
An analysis of data indicated that while the candidates who allegedly benefitted from the paper leak and other irregularities have not done well, some centres have a high concentration of well-performing students.
Forty domestic companies, including the Videocon group, Jindal Power and Tata Power, have formed a group to convince the central government to allow private participation in generation of civilian nuclear energy.
Fortis Healthcare plans to raise about Rs 504 crore (Rs 5.04 billion) from the capital market in addition to the Rs 154 crore (Rs 1.54 billion) raised through private placements before the IPO, a top company official said in Mumbai on Wednesday.
Singh, who took charge of EHIRC, relinquished the new position as part of new the settlement and would continue as the Managing Director of EHIRC
'Every hospital now tracks length of stay closely.' 'More efficiency is brought into the system now.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances