Fortis Healthcare Ltd (FOHE.NS)
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Nov 5 Indian hospital operator Fortis Healthcare Ltd, which is set to be acquired by Malaysia's IHH Healthcare Bhd, posted a quarterly loss due to impairment charges.
MUMBAI India's capital markets regulator has asked Fortis Healthcare to recover 4.03 billion rupees ($55 million) from its founder brothers and firms related to them, pending an investigation into loans made by the company.
MUMBAI, Oct 17 India's capital markets regulator has asked Fortis Healthcare to recover 4.03 billion rupees ($55 million) from its founder brothers and firms related to them, pending an investigation into loans made by the company.
Sept 5 Fortis Healthcare Ltd co-founder Shivinder Singh said on Tuesday he had filed a lawsuit against older brother Malvinder Singh, alleging "oppression and mismanagement" at their joint businesses.
* Sees Q4 occupancy rate over 70 pct (Adds details, background)
Aug 14 Indian hospital operator Fortis Healthcare Ltd, which recently agreed to be bought by Malaysia's IHH Healthcare Bhd, reported a quarterly loss on Tuesday.
July 13 The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Friday:
MUMBAI/KUALA LUMPUR Malaysia's IHH Healthcare Bhd is set to take control of India's Fortis Healthcare after its bid of up to $1.1 billion was chosen over a rival's, giving it ownership of over 30 hospitals amid a private healthcare boom in India.
* IHH will invest 40 bln rupees at 170 rupees/shr for 31 pct stake