You are here: Home » Companies ¬Ľ Q&A
Twitter India posts Rs 32-cr loss in FY22, expenses rise to Rs 136 cr
icon-arrow-left
Business Standard

Time has passed when offer price of Rs 170 for a share was good: IHH's Loh

Will start rebranding Fortis as Parkway shortly: Fortis chairman Ravi Rajagopal

Topics
Fortis Healhcare | IHH Healthcare | Stock Market

Sohini Das & Nivedita Mookerji 



Fortis chairman Ravi Rajagopal and IHH Healthcare MD & CEO Kelvin Loh
Fortis chairman Ravi Rajagopal and IHH Healthcare MD & CEO Kelvin Loh

Even as Kuala Lumpur-headquartered is in talks with the Securities & Exchange Board of India (Sebi) in order to proceed with the open offer for Fortis Healthcare and raise its stake above 51 per cent, the offer price could emerge as a key point. From the four-year old price of Rs 170 a share for the open offer, Fortis shares are trading at Rs 280 apiece on the BSE now. Kelvin Loh, Managing Director and CEO, Berhad, and Ravi Rajagopal, Chairman, Fortis, in a conversation with Sohini Das & Nivedita Mookerji, spoke about offer price, regulatory challenges, promise of the India market, expansion plans and more. Edited excerpts:

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, November 10 2022. 23:42 IST

RECOMMENDED FOR YOU

.