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
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April 2023
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Fortis Healthcare case: Singh brothers, others fined ₹24 cr on fund siphoning charges
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.
Ranjan Pai: Building a healthcare empire
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.
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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.
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Fortis Healthcare appoints new CEO
Ashutosh Raghuvanshi has been with the Bengaluru-headquartered Narayana Hrudayalaya for 18 years.
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Manipal Hospitals: Just what the doctor ordered
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.
Radiant, KKR to acquire stake in Max Healthcare
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%.
Fortis Healthcare: A jinxed buyout
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.
