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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.

 
 
Market opportunity for the drug is huge in the country, as about Rs 35,000 crore worth of drugs are delivered every year in oral solid dosage forms.
After capping prices of stents, concerns are that the government may now be moving towards expanding the ambit of price caps to other consumables in healthcare.
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