
Fortis acquires 350-bed hospital in NCR
Leading pan-Indian healthcare provider Fortis Healthcare will acquire a 350-bed hospital in Manesar, Gurugram for ₹225 crore
Leading pan-Indian healthcare provider Fortis Healthcare will acquire a 350-bed hospital in Manesar, Gurugram for ₹225 crore
SEBI noted that funds to the tune of ₹397.12 crore were diverted from Fortis Hospitals for the benefit of RHC Holdings, and ultimately the Singh brothers.
With Manipal Hospitals wrapping up a deal to buy Columbia Asia Hospitals, Ranjan Pai has chalked off a major item on his bucket list: building a pan-India hospital chain. But he is far from done.
India’s current slowdown is as much a result of the lack of trust between various stakeholders in society as the poor domestic and global economic conditions.
Tech advancements are creating new opportunities in healthcare with artificial intelligence, blockchain, and data analytics leading the way.
Ashutosh Raghuvanshi has been with the Bengaluru-headquartered Narayana Hrudayalaya for 18 years.
There are a few critical reasons why family-owned companies are back in stark focus.
Losing the bidding war for Fortis was a setback for Ranjan Pai and his Manipal group, but that hasn’t dampened his enthusiasm. His plan to expand the group’s base and business portfolio is still on.
Through a series of transactions, KKR will end up with a 51.9% stake in Max Healthcare and Radiant’s Abhay Soi will own a 23.2%.
With the Supreme Court putting a status quo on the deal between the country’s second-largest hospital chain and Malaysian player IHH Healthcare Berhard, the Fortis Healthcare saga continues.