Fortis Healthcare

Fortis Healthcare rejects over pricing of drugs charge

Fortis Healthcare rejects over pricing of drugs charge

Fortis Healthcare has rejected charges of overpricing the medicines that it is giving to its patients.In a statement, it said, "Fortis Healthcare does not charge any drug or consumables above the printed MRP and there is No Violation of Drug Price Control Order. It should also be noted that our end price to the patient is very much in line with what other private hospitals in India charge."

Dec 16, 2017, 16:01 PM IST

Fortis Healthcare shares slump 13%; mcap dips by Rs 1,315 crore

Shares of Fortis Healthcare slumped nearly 13 percent on Friday after Malaysia's IHH Healthcare Berhad said it is not close to "concluding any negotiations" to buy controlling stake in the company.

Jun 23, 2017, 17:05 PM IST
Competition Commission clears Fortis group's internal reorganisation

Competition Commission clears Fortis group's internal reorganisation

Fortis Malar will be off-loading its healthcare business to Fortis Healthcare as a slump sale on a going concern basis for a certain consideration. Then, Fortis Healthcare will demerge its diagnostics business as well as investment/shareholding in SRL into Fortis Malar, according to the notice.

Oct 24, 2016, 11:52 AM IST
Fortis Healthcare shares climb nearly 5%

Fortis Healthcare shares climb nearly 5%

Shares of Fortis Healthcare rose nearly 5 percent Monday as the company completed the acquisition of 51 percent stake in Fortis Hospital and also acquired compulsorily convertible preference shares issued by Escort Heart Institute and Research Centre.

Oct 17, 2016, 16:48 PM IST
Fortis Healthcare approves demerger of diagnostics business

Fortis Healthcare approves demerger of diagnostics business

Fortis Healthcare on Friday said its board has approved demerger of its diagnostics business into another group firm Fortis Malar Hospitals, a move aimed at ensuring independent growth of hospital as well as diagnostics business verticals.

Aug 19, 2016, 21:07 PM IST

6-year-old Omani girl treated for genetic disorder in Delhi

A six-year-old girl from Oman who developed a rare genetic disorder, characterised by distinctive malformation of the skull and facial region, has been given a new lease of life after a breakthrough surgery at a Delhi hospital.

Jul 29, 2016, 23:00 PM IST
Fortis Healthcare planning de-merger with SRL Diagnostics

Fortis Healthcare planning de-merger with SRL Diagnostics

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Jul 20, 2016, 15:45 PM IST

Government imposed fine of Rs.500 Cr on subsidiary of Fortis Healthcare

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Jun 13, 2016, 18:25 PM IST

First pasteurised human milk bank 'Amaara' launched in Delhi

The first pasteurised human milk bank 'Amaara' was launched on Tuesday in Delhi and National Capital Region by one of India's largest hospital chains Fortis Healthcare.

Apr 26, 2016, 19:21 PM IST
Fortis Healthcare in talks with investors for SRL

Fortis Healthcare in talks with investors for SRL

Fortis Healthcare on Friday said it is in talks with a number of investors to facilitate an exit by the existing PE investors from the company's diagnostic arm SRL.

Feb 19, 2016, 18:21 PM IST

Aapka Bazaar: Expert on IDBI Bank, Fortis Healthcare & Eicher Motors

The expert gives advice on the shares of IDBI Bank, Fortis Healthcare and Eicher Motors.
To know more check out the full video.

Oct 06, 2015, 15:51 PM IST

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Oct 06, 2015, 15:40 PM IST
Fortis to buyback 3.1% stake in SRL Ltd for Rs 105 cr

Fortis to buyback 3.1% stake in SRL Ltd for Rs 105 cr

Fortis Healthcare will buyback 3.1 percent stake in diagnostic lab arm SRL Ltd from two investors for Rs 105 crore.

Sep 28, 2015, 15:09 PM IST
Fortis' Shivinder Singh to step down; to join  Radha Soami Satsang Beas

Fortis' Shivinder Singh to step down; to join Radha Soami Satsang Beas

Fortis Healthcare Executive Vice-Chairman Shivinder Mohan Singh is stepping down from his position to join a philosophical and spiritual organisation Radha Soami Satsang Beas headquartered near Amritsar.

Sep 23, 2015, 13:55 PM IST

Fortis Healthcare reappoints Bhavdeep Singh as CEO

Fortis Healthcare has reappointed its former Chief Executive Officer Bhavdeep Singh in the same position effective on Friday.

Jul 24, 2015, 17:20 PM IST

Fortis completes 100% stake sale in RadLink for SGD 111 mn

Fortis Healthcare on Tuesday said its Singapore arm has completed 100 per cent stake sale in RadLink for SGD 111 million (over Rs 530 crore) to Fullerton Healthcare Group.

May 12, 2015, 12:24 PM IST

Fortis sells Singapore facility to Fullerton for $83.5 mn

Leading healthcare delivery provider Fortis on Monday announced sale of its Singapore-based healthcare services facility RadLink-Asia Pte Ltd to Fullerton Healthcare group for $83.5 million (Rs.531 crore).

May 04, 2015, 23:00 PM IST

Fortis Healthcare to sell RadLink for over Rs 530 crore

RadLink provides diagnostic and molecular imaging services.

May 01, 2015, 13:08 PM IST

US firm plans stake sale in CARE Hospitals for up to $300 mn

The talks are also being held with Malaysia`s IHH Healthcare Bhd , India`s Manipal Hospitals and Fortis Healthcare , the sources added, declining to be identified because the information has not been made public. 

Apr 29, 2015, 10:45 AM IST

IHH Healthcare scraps plan to buy Fortis Healthcare's Singapore unit

Malaysia`s IHH Healthcare Bhd has scrapped its proposal to buy Singapore`s Radlink-Asia Pte Ltd for 346.53 million ringgit ($93.31 million).

Mar 14, 2015, 09:06 AM IST