Shares of Fortis Healthcare Ltd gained 2.8% in Wednesday morning trade after the company’s June quarter results showed continued recovery. Revenues at the mainstay India hospital business grew 11.3% from the year ago, better than 5.8% growth clocked by the company in the March quarter. “Fortis Healthcare's Q1 results signify the momentum that we continue to see in our business …
Fortis holds 27.82 percent of stake in RHT, comprising 25.14 percent held by Fortis Healthcare International Ltd and 2.68 percent held by the trustee-manager Three months after the acquisition of Religare Health Trust, Fortis Healthcare Ltd is reportedly planning to sell its stake in the Singapore-listed firm, a media report said. Fortis holds 27.82 percent stake in RHT, comprising 25.14 …
New Delhi: The Supreme Court on Friday refused to vacate the stay on the sale of Fortis Healthcare Ltd to IHH Healthcare Berhad and posted the matter for final hearing on 26 February. Nariman was hearing a plea by Japanese firm Daiichi Sankyo, seeking to restrain it from transferring ₹4,000 crore it received from Malaysia’s IHH Healthcare Berhad to RHT …
The Supreme Court on Monday sought a response from Fortis Healthcare Ltd on a plea by Japanese firm Daiichi Sankyo seeking to restrain it from transferring ₹4,000 crore it has received from Malaysia’s IHH Healthcare Berhad to RHT Health Trust, Singapore. A bench headed by Chief Justice Ranjan Gogoi also issued notice on another application by FHL seeking modification of …
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