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fortis healthcare

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7.5kg ovarian tumour removed from 43-year-old woman in Bengaluru hospital

The 43-year-old woman was experiencing continuous weight gain and her stomach size had visibly increased in the past six months.
The reports revealed a cyst in the belly of women measuring 28 x25x20cm, prompting the doctors to suggest its surgical removal.(Fortis Hospitals)
The reports revealed a cyst in the belly of women measuring 28 x25x20cm, prompting the doctors to suggest its surgical removal.(Fortis Hospitals)
Published on Dec 01, 2021 06:04 PM IST
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Byhindustantimes.com, Bengaluru

Supreme Court orders status quo on ex-Fortis Healthcare promoter Shivinder Mohan Singh’s bail

The Delhi high court had, on July 23, granted bail to Singh stating there was no rationale for continuing his custody as an undertrial. The bail was conditional subject to him furnishing a personal bond to the tune of Rs 1 crore and two sureties of Rs 25 lakh.
Former promoters of Religare Enterprises (REL) and the Fortis Healthcare hospital chain Shivinder Mohan Singh, his elder brother Malvinder Mohan Singh, and others being taken to court by Economic Offences Wing (EOW) of the Delhi Police officers for allegedly misappropriating funds at EOW office, Mandir Marg in New Delhi in 2019.(Amal KS/HT PHOTO)
Former promoters of Religare Enterprises (REL) and the Fortis Healthcare hospital chain Shivinder Mohan Singh, his elder brother Malvinder Mohan Singh, and others being taken to court by Economic Offences Wing (EOW) of the Delhi Police officers for allegedly misappropriating funds at EOW office, Mandir Marg in New Delhi in 2019.(Amal KS/HT PHOTO)
Published on Jul 31, 2020 02:33 PM IST
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Hindustan Times, New Delhi | ByMurali Krishnan | Edited by Meenakshi Ray

Bail for ex-Fortis Healthcare promoter Shivinder Singh in money laundering case

The high court imposed various other bail conditions on Shivinder Singh, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.
Former Fortis Healthcare promoter Shivinder Mohan Singh(HT File Photo)
Former Fortis Healthcare promoter Shivinder Mohan Singh(HT File Photo)
Updated on Jul 23, 2020 03:15 PM IST
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New Delhi | ByPress Trust of India | Posted by Anubha Rohatgi

ED files two fresh cases against Singh brothers

A Delhi court was apprised about the fresh developments last week by the ED, which opposed the bail plea of Shivinder Mohan Singh.
ED has already filed a charge sheetagainst the Singh brothers in its principal case in which funds running into thousands of crore of rupees borrowed from banks were diverted by them from Religare Finvest Ltd.(Amal KS/HT PHOTO)
ED has already filed a charge sheetagainst the Singh brothers in its principal case in which funds running into thousands of crore of rupees borrowed from banks were diverted by them from Religare Finvest Ltd.(Amal KS/HT PHOTO)
Updated on Jun 29, 2020 02:47 AM IST
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Hindustan Times, New Delhi | ByNeeraj Chauhan

The fashion edit: 10 ways to sleep in style!

One often neglected immunity booster is a good night’s rest. 10 stylish individuals show us what they like to wear to bed; experts list what’s right, what’s wrong, and tell you how you can get your best sleep ever!
With adequate sleep and rest, your body is able to recharge and it boosts immunity to. Styling by Shamali Singh; Art direction: Amit Malik; Make-up and hair: Vidya Tikari Studios(Shivamm Paathak)
With adequate sleep and rest, your body is able to recharge and it boosts immunity to. Styling by Shamali Singh; Art direction: Amit Malik; Make-up and hair: Vidya Tikari Studios(Shivamm Paathak)
Updated on Mar 29, 2020 12:02 AM IST
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Hindustan Times | ByVeenu Singh

Ex-Fortis Healthcare promoter Malvinder Singh’s bail plea dismissed in Religare case

Malvinder Singh, his brother Shivinder, also a former Fortis Healthcare promoter; former CMD of Religare Enterprises Ltd (REL) Sunil Godhwani ; former CEO of REL Kavi Arora and former CFO of RFL Anil Saxena were arrested by the Economic Offences Wing of Delhi Police for allegedly diverting RFL’s money and investing in other companies.
Former promoter of Fortis group Malvinder Singh(Sanjeev Verma/HT File Photo)
Former promoter of Fortis group Malvinder Singh(Sanjeev Verma/HT File Photo)
Updated on Feb 17, 2020 09:24 PM IST
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New Delhi | ByPress Trust of India

Sebi makes accommodation for delay in open offers due to disputes

Sebi suggests 10% interest should be added to the open offer price if the offer is delayed due to disputes.Sebi acknowledges that the takeover code is silent in addressing delays in disputes in judicial forums.
The regulator also proposed to allow completion of open offer acquisition of shares through stock exchange settlement for all types of transactions, including bulk deals and block deals.(Reuters)
The regulator also proposed to allow completion of open offer acquisition of shares through stock exchange settlement for all types of transactions, including bulk deals and block deals.(Reuters)
Updated on Feb 03, 2020 10:32 PM IST
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Livemint, New Delhi | ByJayshree P. Upadhyay

Singh brothers stole funds over 8 years: ED’s charge sheet

Apart from the Singh brothers, the agency has named Sunil Godhwani, ex-chairman and managing director (CMD) of Religare Enterprises Ltd (REL) and holding company RHC Holdings Pvt. Ltd in its charge sheet.
The Enforcement Directorate (ED) has accused Fortis Healthcare founders Shivinder Mohan Singh and Malvinder Mohan Singh of money laundering.(Amal KS/HT PHOTO)
The Enforcement Directorate (ED) has accused Fortis Healthcare founders Shivinder Mohan Singh and Malvinder Mohan Singh of money laundering.(Amal KS/HT PHOTO)
Updated on Jan 11, 2020 08:40 AM IST
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Hindustan Times, New Delhi | ByNeeraj Chauhan

ED arrests Shivinder Mohan Singh in RFL money laundering case

Shivinder Mohan Singh was arrested by the Delhi police in October. Nitesh Rana, ED’s special prosecutor, approached a Saket court on Thursday for a production warrant after the investigating officer of the agency put Singh under arrest in Tihar.
Former promoters of Fortis Healthcare hospital chain Shivinder Singh and his brother Malvinder Singh were arrested by Delhi Police in the second week of October.(HT PHOTO.)
Former promoters of Fortis Healthcare hospital chain Shivinder Singh and his brother Malvinder Singh were arrested by Delhi Police in the second week of October.(HT PHOTO.)
Updated on Dec 12, 2019 08:43 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent

Delhi court sends ex-Fortis promoters Malvinder, Shivinder to 14-day judicial custody

Metropolitan Magistrate Nishant Garg also sent three others, Sunil Godhwani, Kavi Arora and Anil Saxena to judicial custody till October 31.
A Delhi court remanded former Fortis Healthcare promoters Malvinder Singh to 14-day judicial custody for allegedly misappropriating funds of Religare Finvest Ltd.(ANI Photo)
A Delhi court remanded former Fortis Healthcare promoters Malvinder Singh to 14-day judicial custody for allegedly misappropriating funds of Religare Finvest Ltd.(ANI Photo)
Updated on Oct 17, 2019 01:49 PM IST
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New Delhi | ByPress Trust of India

Ex-Fortis promoters Malvinder, Shivinder sent to police custody

The others named in the FIR are Sunil Godhwani (58), the former chairman and managing director of the REL, Kavi Arora (48) and Anil Saxena, who held key positions in the REL and RFL.
Police escort Malvinder Singh and his brother Shivinder Singh, former directors of Ranbaxy Laboratories, on a court premises in New Delhi on Friday.(HT Photo)
Police escort Malvinder Singh and his brother Shivinder Singh, former directors of Ranbaxy Laboratories, on a court premises in New Delhi on Friday.(HT Photo)
Published on Oct 12, 2019 12:46 AM IST
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Press Trust of India | ByPress Trust of India, New Delhi

Gamifying mental health one quiz at a time

A quiz isn’t just a test of knowledge – it teaches students so many more life skills that hold them in good stead in the years to come.
This format gives the opportunity to work in a team.
This format gives the opportunity to work in a team.
Published on Sep 11, 2019 03:09 PM IST
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Hindustan Times | BySamir Parikh

Fortis asks Sebi to arrest Malvinder, Shivinder Singh to recover 472 crore

Fortis Healthcare has also asked the Securities and Exchange Board of India (Sebi) for a personal hearing on the matter.
Fortis asks Sebi to arrest Malvinder, Shivinder Singh to recover <span class='webrupee'>₹</span>472 crore.(Photo by Parveen Kumar/Hindustan Times)(HT Photo)
Fortis asks Sebi to arrest Malvinder, Shivinder Singh to recover 472 crore.(Photo by Parveen Kumar/Hindustan Times)(HT Photo)
Updated on Feb 25, 2019 09:09 PM IST
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New Delhi | ByPress Trust of India

Singh brothers defrauded Fortis Healthcare of 4 billion, must pay it back: Sebi

The regulatory action adds to an already long list of liabilities facing the Singh brothers, who once controlled a business empire in India worth billions of dollars that is now largely lost.
Former chairman of Fortis Healthcare Malivnder Singh (right) answers a question as his brother and former managing director Shivinder Singh sits next to him during a news conference in July 2010.(Reuters File Photo)
Former chairman of Fortis Healthcare Malivnder Singh (right) answers a question as his brother and former managing director Shivinder Singh sits next to him during a news conference in July 2010.(Reuters File Photo)
Updated on Oct 18, 2018 01:00 PM IST
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ByBloomberg

Former Fortis promoter to withdraw NCLT petition against elder brother Malvinder Singh on ailing mother’s advice

Shivinder’s counsel Ranjana R Gawai said the petition is not withdrawn yet but getting withdrawn because the ailing mother wants to get this matter sorted out within domestic forum through mediation.
Shivinder Mohan Singh (L) and Malvinder Mohan Singh during the Concept Launch and Question and Answer session in Fortis Memorial Research Institute at sector- 44, in Gurgaon.(Parveen Kumar/Hindustan Times)
Shivinder Mohan Singh (L) and Malvinder Mohan Singh during the Concept Launch and Question and Answer session in Fortis Memorial Research Institute at sector- 44, in Gurgaon.(Parveen Kumar/Hindustan Times)
Updated on Sep 13, 2018 09:09 PM IST
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New Delhi | ByPress Trust of India

Fortis Healthcare’s Shivinder Singh sues brother as empire collapses

Heirs to a generations-old business house once worth billions, the Singh brothers have in recent months seen a dramatic fall in their fortunes. They’ve had their public shareholdings seized by lenders, and are under a criminal probe by financial authorities.
Chairman of Fortis Healthcare Malivnder Singh (right) answers a question as his brother and managing director Shivinder Singh sits next to him during a news conference in Singapore in July 2010.(Reuters File Photo)
Chairman of Fortis Healthcare Malivnder Singh (right) answers a question as his brother and managing director Shivinder Singh sits next to him during a news conference in Singapore in July 2010.(Reuters File Photo)
Updated on Sep 05, 2018 11:25 AM IST
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ByBloomberg

IHH Healthcare makes fresh binding offer for Fortis

Cash-strapped Fortis Healthcare had set July 3 as the deadline for the submission of the fresh binding bids
Earlier, Fortis Healthcare had received binding bids from four suitors -- Munjal-Burman combine, TPG-Manipal consortium, Malaysia’s IHH Healthcare Berhad and KKR-backed Radiant Life Care.(Pradeep Gaur/Mint)
Earlier, Fortis Healthcare had received binding bids from four suitors -- Munjal-Burman combine, TPG-Manipal consortium, Malaysia’s IHH Healthcare Berhad and KKR-backed Radiant Life Care.(Pradeep Gaur/Mint)
Published on Jul 03, 2018 03:52 PM IST
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Press Trust of India, New Delhi | ByPress Trust of India

Fortis probe finds lapses in loan, plans to recover 500 crore from Singh brothers

The Singh brothers had resigned as directors from the board of Fortis Healthcare in February this year, following the Delhi High Court order upholding the 3,500 crore arbitral award in favour of Daiichi Sankyo.
Fortis Healthcare's Executive Vice Chairman Shivinder Mohan Singh (L) and Executive Chairman Malvinder Mohan during an event in Gurgaon.(Parveen Kumar/Hindustan Times)
Fortis Healthcare's Executive Vice Chairman Shivinder Mohan Singh (L) and Executive Chairman Malvinder Mohan during an event in Gurgaon.(Parveen Kumar/Hindustan Times)
Updated on Jun 27, 2018 06:27 PM IST
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Press Trust of India, New Delhi | ByPress Trust of India

Fortis Healthcare Q4 net loss widens to 914 crore

“Net profit for the year [was] negatively impacted by continuing business challenges, impairments and provisions,” Fortis Healthcare said.
A Fortis hospital building is pictured in New Delhi, India, May 6, 2018. REUTERS/Adnan Abidi(REUTERS File Photo)
A Fortis hospital building is pictured in New Delhi, India, May 6, 2018. REUTERS/Adnan Abidi(REUTERS File Photo)
Published on Jun 27, 2018 01:43 PM IST
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Press Trust of India, New Delhi | ByPress Trust of India

Fortis weighs offers from four parties in new bidding round

Binding bids under the new process need to be submitted by June 14, Fortis has said.
Fortis shareholders voted to remove four members of the company’s board following the bid by Hero-Burman group. Some shareholders had opposed that offer.(Ramesh Pathania/Mint)
Fortis shareholders voted to remove four members of the company’s board following the bid by Hero-Burman group. Some shareholders had opposed that offer.(Ramesh Pathania/Mint)
Updated on Jun 01, 2018 05:28 PM IST
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Reuters | ByReuters

Fortis board appoints Ravi Rajagopal as chairman

Ravi Rajagopal, a chartered accountant, is currently a non executive independent director on the Fortis board.
Earlier this week, cash strapped Fortis Healthcare initiated a fresh time-bound bidding process for its sale after terminating the offer made by the Munjal-Burman combine.(REUTERS File Photo)
Earlier this week, cash strapped Fortis Healthcare initiated a fresh time-bound bidding process for its sale after terminating the offer made by the Munjal-Burman combine.(REUTERS File Photo)
Updated on Nov 02, 2019 12:58 AM IST
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Press Trust of India | ByPress Trust of India

Fortis Healthcare to initiate fresh round of bidding

The Munjal-Burman combine, TPG-Manipal consortium and Malaysia’s IHH Healthcare have been invided to participate in the fresh round of bidding.
A Fortis hospital building is pictured in New Delhi, India.(REUTERS File Photo)
A Fortis hospital building is pictured in New Delhi, India.(REUTERS File Photo)
Updated on May 29, 2018 04:18 PM IST
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Reuters | ByReuters

SEBI probes insider trading violation, other regulatory lapses at Fortis Healthcare

Fortis is in the midst of a heated takeover battle with five entities bidding for the company along with a upheaval at the boardroom, wherein several directors have been stepping down.
Fortis is in the midst of a heated takeover battle with five entities bidding for the company along with a upheaval at the boardroom, wherein several directors have been stepping down.(Ramesh Pathania/Mint)
Fortis is in the midst of a heated takeover battle with five entities bidding for the company along with a upheaval at the boardroom, wherein several directors have been stepping down.(Ramesh Pathania/Mint)
Published on May 22, 2018 05:49 PM IST
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Press Trust of India, New Delhi | ByPress Trust of India

Two more Fortis directors quit ahead of crucial shareholders’ meet tomorrow

Fortis innvestors Jupiter India Fund and East Bridge Capital Master Fund had sought the removal of the directors for allegedly failing to work in the interest of all shareholders, particularly in their handling of the hospital chain’s proposed sale.
A Fortis hospital building is pictured in New Delhi, India(REUTERS File Photo)
A Fortis hospital building is pictured in New Delhi, India(REUTERS File Photo)
Updated on May 21, 2018 03:22 PM IST
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Press Trust of India, New Delhi | ByPress Trust of India

Opted for Munjal-Burman offer due to certainty, liquidity issues, says Fortis director

While five Fortis board members had voted in favour of the 1,800-crore offer, three members had opted for other offers out of the four binding bids that Fortis Healthcare had received.
Brian Tempest, director, Board of Directors, Fortis Healthcare Limited, addresses a news conference in Gurgaon on Friday.(Reuters File Photo)
Brian Tempest, director, Board of Directors, Fortis Healthcare Limited, addresses a news conference in Gurgaon on Friday.(Reuters File Photo)
Updated on May 11, 2018 05:37 PM IST
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Press Trust of India, Gurgaon | ByPress Trust of India

Fortis Healthcare jumps to two-month high after IHH raises offer

Fortis Healthcare’s shares climbed as much as 5.3% to Rs160.50 intraday, before settling to 158.80, up 6.40. Fortis’s shares gained 24% last month, the best performance since February 2015.
The fight over Fortis kicked off after the shareholding of its founders, Malvinder and Shivinder Singh, slid to less than 1% as lenders seized stock they’d put up as collateral.(Parveen Kumar/Hindustan Times)
The fight over Fortis kicked off after the shareholding of its founders, Malvinder and Shivinder Singh, slid to less than 1% as lenders seized stock they’d put up as collateral.(Parveen Kumar/Hindustan Times)
Published on May 02, 2018 03:56 PM IST
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Bloomberg | ByP R Sanjai

Fortis gets improved 1,800 crore offer from Munjals, Burmans

Fortis Healthcare has already received binding offers from four entities - KKR-backed Radiant Life Care, IHH Healthcare, Manipal/TPG consortium, and Munjal and Burman family offices.
Fortis Hospital in Noida photographed by Ramesh Pathania on 13th August 2012.
Fortis Hospital in Noida photographed by Ramesh Pathania on 13th August 2012.
Updated on May 02, 2018 02:05 PM IST
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Press Trust of India, New Delhi | ByPress Trust of India

Renuka Ramnath’s resignation from panel likely to further delay Fortis sale

Last week, Fortis Healthcare had approved evaluation of only binding offers and formed an expert committee to evaluate the proposals and make a final recommendation by April 26.
Renuka Ramnath(Mint File)
Renuka Ramnath(Mint File)
Updated on Apr 25, 2018 11:49 PM IST
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Hindustan Times, Mumbai | BySwaraj Singh Dhanjal, New Delhi

Fortis in five-way battle for control as KKR-backed Radiant Life makes offer

KKR-backed Radiant Life Care has offered to acquire at least 26% stake in Fortis Healthcare (FHL) at Rs 126 per share, excluding its diagnostic business SRL.
To fulfil immediate cash requirement, Radiant Life Care said it is prepared to purchase FHL’s interest in FMRI, Gurugram, and Fortis Shalimar Bagh in New Delhi.(Parveen Kumar/Hindustan Times)
To fulfil immediate cash requirement, Radiant Life Care said it is prepared to purchase FHL’s interest in FMRI, Gurugram, and Fortis Shalimar Bagh in New Delhi.(Parveen Kumar/Hindustan Times)
Updated on Apr 20, 2018 01:39 PM IST
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Press Trust of India, New Delhi | ByHT Correspondent

Munjals, Burmans make improved 1,500 crore offer ahead of Fortis board meet

The Munjals and Burmans in a joint letter said, the offer is “faster to implement and without any due diligence. We are proposing to invest 1,500 crore directly in the company”.
The Munjals and Burmans have offered to invest <span class='webrupee'>₹</span>750 crore upfront in Fortis’s hospital business.(Pradeep Gaur/Mint)
The Munjals and Burmans have offered to invest 750 crore upfront in Fortis’s hospital business.(Pradeep Gaur/Mint)
Updated on Apr 19, 2018 02:21 PM IST
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Press Trust of India, New Delhi | ByPress Trust of India
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