 "BS news digest")
Fresh fund infusion by Munjals and Burmans may alter Fortis sale plans
The plan for fresh capital infusion (of Rs 12.50 billion) by Hero’s Munjals and Dabur’s Burmans has the potential to alter the entire deal scenario for Fortis Hospitals, such that the latter now has a scope to defer its sale altogether. Speaking to Business Standard, Sunil Kant Munjal, chairman, Hero Enterprise, said they are investing in Fortis for the long term. Read more
Etihad sends feelers to Anil Ambani to buy 76% stake in Air India
Gulf airline major Etihad is planning
The plan for fresh capital infusion (of Rs 12.50 billion) by Hero’s Munjals and Dabur’s Burmans has the potential to alter the entire deal scenario for Fortis Hospitals, such that the latter now has a scope to defer its sale altogether. Speaking to Business Standard, Sunil Kant Munjal, chairman, Hero Enterprise, said they are investing in Fortis for the long term. Read more
Etihad sends feelers to Anil Ambani to buy 76% stake in Air India
Gulf airline major Etihad is planning
