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Fortis Healthcare

Sequoia may cut size of 6th India fund; Elliott eyes Fortis

General

19 March, 2018

Sequoia may cut size of 6th India fund; Elliott eyes Fortis

Global venture capital firm Sequoia Capital may target raising $650-700 million for its sixth India fund, down up to 30% from ......

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

General

14 March, 2018

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

US-based retailer Walmart Inc. is in advanced discussions to acquire a large stake in e-commerce company Flipkart, The Economic Times ......

Religare Enterprises to raise $142 mn from Bay Capital, others

Finance

19 February, 2018

Religare Enterprises to raise $142 mn from Bay Capital, others

Religare Enterprise Ltd said on Monday its board has approved a plan to raise Rs 916.42 crore ($142 million) by ......

Singh brothers step down from Fortis board in wake of Daiichi ruling

Healthcare

09 February, 2018

Singh brothers step down from Fortis board in wake of Daiichi ruling

Malvinder and Shivinder Mohan Singh, the founders of Fortis Healthcare Ltd, have resigned from the board of the country’s second-largest ......

Daiichi can enforce $550 mn arbitration award against Singh brothers: Delhi court

Healthcare

31 January, 2018

Daiichi can enforce $550 mn arbitration award against Singh brothers: Delhi court

In a blow to brothers Malvinder and Shivinder Singh, the Delhi High Court has dismissed their objections against Japanese drugmaker ......

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Mankind Pharma picks industry veteran for diagnostics biz float

Healthcare

06 February, 2017

Mankind Pharma picks industry veteran for diagnostics biz float

Drugmaker Mankind Pharma Ltd is entering the diagnostics business and has picked a prominent industry veteran to spearhead the venture, ......

Premium
Diagnostics biz can easily sustain 16-18% annual growth in long term: SRL CEO

Healthcare Services

06 October, 2016

Diagnostics biz can easily sustain 16-18% annual growth in long term: SRL CEO

In August, Fortis Healthcare said its board has approved a restructuring plan that would see its diagnostics business being spun ......

Focus on biz model, cut costs for patients, VCCircle summit panellists advise hospitals

Healthcare

22 September, 2016

Focus on biz model, cut costs for patients, VCCircle summit panellists advise hospitals

Hospitals must choose the right business model and the country must have a robust insurance system to make healthcare available ......

Fortis mulls demerger of diagnostics chain SRL ahead of public listing

Healthcare

26 May, 2016

Fortis mulls demerger of diagnostics chain SRL ahead of public listing

Fortis Healthcare Ltd will look at demerger of SRL Ltd, India's largest diagnostics chain by revenues, as an option before ......