fortis healthcare


India Weekahead: Profit booking could lead to consolidation

Apr 23 2018

After four weeks of gains, Indian markets could take a breather due to profit booking, followed by a period of consolidation.

Fortis gets unsolicited offer from KKR-backed Radiant Life Care

Apr 20 2018

Fortis intensified after KKR-backed Radiant Life Care entered the fray with an offer to buy more than a quarter of the cash-strapped company’s hospital business.

China's Fosun becomes fourth suitor for India's troubled Fortis

Apr 18 2018

India’s cash-strapped Fortis Healthcare Ltd said Fosun International Ltd has offered to invest up to $350 million.

India Markets Weekahead: Earnings, Syria conflict in focus

Apr 16 2018

Markets remained firm during the week despite trade and geo-political tensions. The Nifty gained in all five trading sessions – the first time since November 2017.

IHH says Fortis board declines to engage on takeover offer

Apr 16 2018

Malaysia’s IHH Healthcare Bhd said Fortis Healthcare declined to engage with the company regarding a takeover offer, citing binding agreements with other parties.

'Malaysia's IHH plans rival bid for India's Fortis Healthcare'

Apr 12 2018

IHH Bhd is proposing a rival offer for Fortis, valuing the Indian company at as much as $1.3 billion, Bloomberg reported, citing people with knowledge of the matter.

Manipal Hospitals sweetens bid for Fortis hospital unit

Apr 11 2018

Manipal Hospitals raised its offer price to buy Fortis Healthcare hospital business by 21%, in an effort to douse any opposition from Fortis minority shareholders.

HC asks Fortis Healthcare to respond on Daiichi's plea

Apr 05 2018

The Delhi HC asked Fortis Healthcare Ltd to give its response on Japanese pharma major Daiichi Sankyo's plea to maintain status quo of the assets of the hospital chain.

Merger with Manipal expected to be completed in 1 yr: Fortis

Mar 28 2018

Fortis Healthcare Ltd (FHL) said the merger of its hospitals business into Manipal Hospitals Enterprises is expected to be completed in 10-12 months.

Fortis drops nearly 4% after clarification on merger buzz

Mar 27 2018

Shares of Fortis fell by nearly 4 pc after the company said its board is still evaluating an unsolicited offer from Manipal Health Enterprises, reportedly for a merger.

Indian Markets


    34,450.77 35.19   (0.10 %)

    10,584.70 20.65   (0.20 %)

Global Markets


Stocks In News



PAT at Rs 4799 Cr vs Rs 3990 Cr, up 20.2%

NII at Rs 10,658 Cr vs Rs 9,055 Cr, up 17.7%

Net Interest Margin at 4.3%

Other Income at Rs 4229 Cr vs Rs 3446 Cr, Up 22.7%

Operating Profit at Rs 8835 Cr vs Rs 7279 Cr, up 21.3%


Gets USFDA Approval For Generic Xenazine


Rejects Claims Of Denying An External Audit

SEBI May Seek Forensic Probe Of ICICI Bank Books, Disclosures

Mulling A Forensic Examination Of Financial Statements & Disclosures

Bank's Chairman MK Sharma Conducted A Secret Inquiry 2 Yrs Ago

Found No Wrongdoing By CEO Chanda Kochhar Over Loans To Videocon



Manufacturing Facility At Ghaziabad Inspected By USFDA From April 16-20

Inspection Concluded With Zero Observations


Enters $ 100 Bn Club

twitter @BTVI