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Sebi examining Fortis Healthcare matter for regulatory lapses

Fortis Healthcare was issued notices by the stock exchanges yesterday following a media report claiming that the company's promoters, the Singh bothers, took at least Rs 500 crore without board approval about a year ago.

 
 
The company achieved consolidated quarterly revenue of Rs 33,447 crore, which is up by 15 per cent on YoY bases while 3 per cent on the QoQ basis.
India's antitrust regulator has imposed a fine of Rs 136 crore on Google Inc. for unfair business practices in the local market for online search.
JSW Steel has submitted its resolution plans for three companies --- Bhushan Steel, Monnet Ispat and BPSL--- and in all it emerged as the lead bidder.
Mobile advertising will be a $1.2 billion market by 2020, says a recent research report by Singapore-based global mobile advertising and discovery platform InMobi.
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