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Wednesday, September 22, 2021

Fortis Healthcare


Ex-Fortis Healthcare promoter’s wife duped: 3 arrested

August 20, 2021 6:49 am

The ED subsequently arrested Shivinder and others in a money laundering case on December 12, 2019.

‘92% of fully vaccinated HCWs who got Covid had mild infections’

June 18, 2021 11:30 am

Despite virulent second wave, only 1% of vaccinated healthcare workers who got infection post second dose required ICU care or ventilator support, says study

Ex-Fortis Healthcare promoter Malvinder Mohan Singh denied bail

August 26, 2020 2:04 am

Additional Sessions Judge Sandeep Yadav did not grant bail to Malvinder considering the severity of the offence, magnitude of the amount involved and the possibility of witnesses being influenced.

Delhi HC grants bail to ex-Fortis Healthcare promoter Shivinder Singh in money laundering case

July 23, 2020 4:08 pm

The judge also directed the investigating officer of the ED to request the Bureau of Immigration to open LOC in Shivinder's name to prevent any unannounced exit from the country.

Fortis CEO plans cost cuts of 20% to nurse it back to health

August 20, 2019 1:15 pm

“This is the new Fortis,” he said, pointing to his own office as an example, where all the furniture had been replaced with a conference table so the space can double as a meeting room. “Simple, uncluttered and transparent.”

Malvinder and Shivinder Singh and the ‘missing’ funds of a billion-dollar empire

April 15, 2019 7:02 am

The Indian Express reviews various allegations raised over the last year of diversion of funds previously held by the ex-promoters of Fortis and Ranbaxy.

SC to Fortis ex-promoters: How do you plan to secure Daiichi's Rs 3,500 crore award?

March 15, 2019 12:13 am

Chief Justice of India Ranjan Gogoi asked the brothers to give a concrete plan on how they would comply with the tribunal’s order.

Families of Ethiopian plane disaster victims steel themselves for journey to crash site

March 14, 2019 1:00 pm

After the brief Q and A session, the Ethiopian mourners filed silently out of the room and slowly boarded the convoy of eight Ethiopian Airlines buses. The mourners looked like travelers themselves. Except they carried no luggage, only items to honour the dead in their final resting place.

‘Ability to leverage out Fortis from banks remains a challenge’

March 02, 2019 3:39 am

Following an infusion of over Rs 4,000 crore to pick up 31.1 per cent stake in Fortis, the hospital group on December 11 announced that IHH was initiating an open offer for an additional 26 per cent stake in the firm.

Supreme Court summons Malvinder and Shivinder to appear on March 14

February 27, 2019 2:11 am

“The Court would like to have the personal presence of respondent nos. 2 and 4 ... alongwith their affidavits on the next date fixed i.e. 14.3.2019,” stated the court in its order Tuesday. The Indian Express has viewed a copy of this order.