Latest News on Fortis Hospitals
Showing of 0 - 10 from 10 results
Fortis Hospitals - Total results - 10
Mar 20, 2019
SEBI directs Fortis Healthcare, Fortis Hospitals to recover Rs 403 crore from Singh brothers, 7 othersSingh brothers, erstwhile promoters of FHL, have also been asked not to associate themselves with the affairs of FHL and FHsL in any manner.
Feb 25, 2019
Fortis Healthcare seeks Sebi’s intervention to initiate legal proceedings, arrest Singh brothers to recover Rs 472 crFortis Healthcare has said it has asked markets regulator Sebi to initiate legal proceedings, including the arrest of its former promoters Singh brothers, to recover Rs 472 crore from them and related entities
Dec 22, 2018
SEBI asks Fortis Healthcare, Fortis Hospitals to recover Rs 403 crore from Singh brothers, seven othersThe fresh order comes after the two companies made representation to the markets regulator.
Sep 04, 2018
Fortis Healthcare to appoint external agency to undertake scrutiny of its internal controls and compliancesFortis had in February this year decided to carry out an independent investigation through an external legal firm following allegations of siphoning off nearly Rs 500 crore
Jun 27, 2018
Fortis Healthcare says 'systemic lapses' found in inter-corporate borrowings; findings submitted to SEBI and SFIOThe company has initiated legal action for recovery of these outstanding ICDs and other advances, Fortis Healthcare said
May 01, 2018
Race for Fortis: IHH Healthcare, Burmans and Munjals revise offer; a timeline on the story so far1 May is the deadline for binding offers for Fortis, which will be evaluated by an expert advisory panel. The board is set to meet on 10 May.
Apr 11, 2018
ICRA downgrades credit ratings of Fortis Healthcare, subsidiaries citing stretched liquidity positionICRA has downgraded Fortis Healthcare and its subsidiaries citing stretched liquidity position of company which led to delay in servicing of a loan
Apr 04, 2018
Fortis Healthcare demerger: Rakesh Jhunjhunwala questions deal with Manipal; will the sale process flounder?Market investor Rakesh Jhunjhunwala has reportedly questioned the recent deal between Fortis Healthcare Ltd. (FHL) and TPG Capital-backed Manipal Hospitals
Mar 28, 2018
Fortis Healthcare demerger: Manipal Hospitals to raise funds via internal accruals; parent firm sees 'value in scale'Manipal Hospitals, which will be acquiring hospitals business of Fortis, will raise funds through internal accruals and debt to fund its share of the deal
Mar 01, 2018
Fortis reports net loss in September, December quarters; Deloitte refuses to clear earnings auditThe results of Fortis Healthcare come amid controversy and scrutiny of the company's finances over alleged regulatory lapses in transfer of funds to some promoter-linked firms.