Latest News on Ihh Healthcare
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Ihh Healthcare - Total results - 32
May 24, 2019
Fortis acquisition: IHH Healthcare says it 'understands concerns' of minority shareholders over delay in open offerMalaysian firm IHH Healthcare on Friday said it "understands the concerns" of the Fortis Healthcare's minority shareholders over the delay in the open offer but stressed that it would proceed with the offer only when the stay is lifted by the Supreme Court
Apr 12, 2019
Ranbaxy promoters Malvinder, Shivinder Singh diverted funds despite order to maintain stakes, Daiichi Sankyo tells SCThe Supreme Court had earlier expressed displeasure at the replies of Malvinder and Shivinder to its directive to submit a plan for paying Rs 4,000 crore to Daiichi Sankyo, as awarded by a Singapore tribunal.
Dec 31, 2018
Healthcare sector may see further consolidation in 2019; more partnerships between public and private sector expectedMalaysia's IHH Healthcare has scalped 31.1 percent stake in Fortis for Rs 4,000 crore after months of intense competition and is in process of taking another 26 percent stake.
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.
Dec 17, 2018
Unable to proceed with Fortis open offer for time being as SC order puts on hold further stake sale: IHH HealthcareMalaysia's IHH Healthcare on Monday said it will not be able to proceed with the open offer for Fortis Healthcare for the time being, following the Supreme Court order to put on hold sale of controlling stake in the Indian hospital chain.
Dec 14, 2018
Supreme Court puts Fortis Healthcare stake sale on hold; shares drop nearly 9%SC, while putting the sale on hold, issued notices to Singh brothers and Fortis Healthcare
Nov 08, 2018
Fortis Healthcare CEO Bhavdeep Singh quits; to continue till successor appointedBhavdeep Singh has steered the organisation over the past three and a half years
Sep 05, 2018
Fortis Healthcare: Shivinder Singh sues brother Malvinder alleging oppression, mismanagement of business; moves NCLTLast month, the brothers who are co-promoters of the Group had put the blame on former Religare Enterprises Chairman and Managing Director Sunil Godhwani for the group's troubles.
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
Jul 27, 2018
Fortis Healthcare acquisition: Malaysian firm IHH’s open offer to commence on 7 SeptemberEarlier on 13 July, Fortis Healthcare board had approved Rs 4,000-crore offer from Malaysia's IHH Healthcare for 31.1 percent stake in it, valuing the cash-strapped firm at Rs 8,880 crore thus ending months of a takeover battle