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Total 68 results found. Search for [ Fortis sale ]

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Rajeev Dubey
New Delhi, September 13, 2018
Their mother Nimmi Singh has requested both her sons to engage in mediation led by family elders to settle issues, says the withdrawn application.


Rajeev Dubey
New Delhi, September 6, 2018
Shivinder Singh's petition against brother Malvinder and former Religare CEO Sunil Godhwani points at only the tip of the iceberg in the corporate mismanagement that led to the Singh brothers losing control of Fortis Healthcare and  Religare.


Rajeev Dubey
New Delhi, September 6, 2018
Ladies from the families were not supposed to ask any questions with regard to the business activities as the same were supposed to be handled by male members.


BusinessToday.in
New Delhi, September 6, 2018
An influential 'Baba' and his family with a weakness for materialism; two young businessmen loaded with nearly Rs 10,000 crore from an asset sale; and a family confidante have together cooked a cauldron that Bollywood potboilers are made of. Their machinations wrecked a flourishing empire and vapourised nearly $3.2 billion (Rs 22,500 crore then) into thin air. Watch BusinessToday.In Editor Rajeev Dubey discuss the fall of the Singh brothers' empire.


BusinessToday.In
September 5, 2018
In his petition before the National Company Law Tribunal in New Delhi, Shivinder has leveled the following charges against elder brother Malvinder and former Religare CEO Sunil Godhwani.


Rajeev Dubey
New Delhi, August 23, 2018
Nearly Rs 2,700 crore of Ranbaxy sale proceeds were transferred to firms owned by the Dhillon family and associates and senior functionaries of the RSSB sect.


BusinessToday.In
August 2, 2018
The Delhi High Court yesterday directed the erstwhile promoters of Fortis Healthcare (FHL), the Singh brothers, to appear in person for the next hearing of case filed by Daiichi Sankyo.


BusinessToday.In
New Delhi, July 9, 2018
IHH Healthcare will first buy around 25 per cent in FHL through a mix of direct acquisition and preferential allotment, which cost around Rs 2,200-2,400 crore.


PTI
New Delhi, July 3, 2018
As per the fresh criteria, which was put up by the Fortis board on May 29, the potential buyer had to make a minimum investment of Rs 1,500 crore into Fortis Healthcare by way of preferential allotment.


BusinessToday.In
New Delhi, June 29, 2018
As per the criteria set by the company, the buyer has to make a minimum investment of Rs 1,500 crore in FHL by way of preferential allotment.


PTI
New Delhi, June 15, 2018
On Thursday, the healthcare chain had said that it is withdrawing the scheme due to delay in completion of the process and strong headwinds in the sector.


PTI
June 14, 2018



BusinessToday.In
New Delhi, June 1, 2018
Fortis Healthcare has shortlisted four entities to participate in the fresh round of bidding process for the sale of its business. These four parties include the Munjal-Burman combine, Manipal-TPG consortium, Malaysia's IHH Healthcare Berhand and Radiant Life Care.


BusinessToday.in
New Delhi, May 30, 2018
AirAsia CEO Tony Fernandes booked by CBI for violating aviation normsThe CBI has booked AirAsia CEO Tony Fernandes and several others for allegedly violating aviation norms. The crime branch is also carrying out searches at six locations. On Tuesday, the CBI said that they booked these officials over alleged violation of aviation norms, namely the 5/20 rule for getting international flying licenses as well as violation of Foreign Investment Promotion Board (FIPB) rules. The 5/20 r...


BusinessToday.In
New Delhi, May 29, 2018
After its two-day meeting that began on Monday, the Fortis board has decided to initiate a fresh, time-bound process to optimise the company's and shareholders' short and long term interests.


PTI
May 29, 2018



PTI
New Delhi, May 23, 2018
The development has cast a shadow over the ongoing attempt to sell Fortis as these four directors were among the five who had voted in favour of Munjals-Burmans' Rs 1,800 crore bid for the healthcare firm.


PTI
May 23, 2018
Fortis Healthcare today said its shareholders have voted in favour of removal of Brian Tempest from the Board of Directors in the company's extraordinary general meeting (EGM) held on May 22.


Rajeev Dubey
New Delhi, May 21, 2018
Fortis' largest shareholder, Yes Bank, has asked the board to consider all the bids (binding as well as non-binding) despite the board recommending the Munjal-Burman offer.


BusinessToday.In
May 21, 2018
Yes Bank has urged the board to not only consider revised bids received from competitors subsequently, but also consider inviting other interested companies that did not submit or revise their bids.


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