The Delhi Development Authority has cancelled the lease agreement of land allotted to Escorts Heart Institute and Research Centre due to violations of the terms of the allotment.
Jaitley was rushed to the hospital on July 4 following high blood pressure.
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
Union Agriculture Minister and Nationalist Congress Party chief Sharad Pawar, admitted to Escorts Hospital in New Delhi following complaints of exhaustion, underwent angioplasty on Saturday and doctors said his condition was stable.
Amid speculation that cardiologist Naresh Trehan may join Apollo Hospitals, Fortis Healthcare on Wednesday said the surgeon has quit its Escorts Heart Institute and Research Centre.
Shivinder's dream project, of course, is the Medicity he wants to put up at Gurgaon on the outskirts of New Delhi. That is where the problem with Trehan began, who has his own plans to come up with a similar project at Gurgaon.
Dr Trehan, who on Thursday dubbed as "nonsense" the announcement by Fortis Healthcare (the owners of EHIRC) that he has left the company, was stopped at the gates by the security guards on Saturday morning.
When contacted, Trehan said it was the relatives and family members of the patients who came out in support of him and wanted him to perform surgeries.
The Delhi High Court has issued notices to Escorts Ltd and chairman Rajan Nanda on a contempt petition filed by his estranged brother Anil Nanda.
Ranbaxy group company Fortis Healthcare has said its acquisition of Escorts Heart Institute and Research Centre from Rajan Nanda's Escorts did not require "prior consent of Delhi Development Authority".
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.
Till some months ago, when several doctors led by Naresh Trehan left the hospital, the same area used to resemble a railway station -- such was the rush. It was a regular feature for patients to wait a couple of hours before the appointment with the doctors came through. Shivinder Mohan Singh, managing director of Fortis Healthcare which acquired the hospital from Escorts Ltd for Rs 585 crore (Rs 5.85 billion) in 2005, insists this only shows the efficiency of the doctors.
Anil has requested the ministry to take appropriate action in the matter in the interest of the public.
Standard Chartered Private Equity Fund on Tuesday said it was carrying out due diligence for evaluating the stake before arriving at investment decision.\n\n
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Escorts group's decision to sell 17.1 per cent equity in its heart institute has been put on the backburner, after vice chairman Anil Nanda opposed the commercialisation of this charitable institution
Brushing aside the opposition from Anil Nanda, the Escorts board on Wednesday decided to go ahead with mortgaging of shares of Escorts Heart Institute and Research Centre to raise Rs 100 crore.
Escorts on Wednesday sold its Heart Institute to Ranbaxy-controlled Fortis Health Care for Rs 585 crore (Rs 5.85 billion), group chairman Rajan Nanda announced in New Delhi.
Escorts' vice-chairman Anil Nanda virtually rejected the peace offer by his elder brother Rajan to resolve the controversy surrounding the sale of Escorts Heart Institute equity, saying smoking a peace pipe would not make the deal legal.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
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