Page 5 - Fortis Healhcare

Escorts Heart Institute receives Sebi notice in funds diversion case

Fortis Healthcare on Friday said its subsidiary, EHIRCL, received the notice on April 15, 2021

Fortis Escorts Heart Institute receives Sebi notice in funds diversion case

Fortis Healthcare on Friday said its subsidiary, Escorts Heart Institute, has received a notice from SEBI in the matter related to the alleged diversion of funds by its erstwhile promoters

Jhunjhunwala trims stake in Titan, 2 others in Q4; buy Fortis Healthcare

During the March quarter of the financial year 2020-21 (Q4FY21), Rakesh Jhunjhunwala offloaded a 0.26 percentage point stake, or 2.25 million shares, in Titan Company

Nifty outlook and weekly stock picks by Vinay Rajani of HDFC Securities

The primary trend of the markets is bullish as short term moving averages are trading above medium to long term moving averages and Nifty has been holding higher tops and higher bottoms

Expansion remains priority, await direction from SC on Fortis plea: IHH

The group had acquired a 31 per cent controlling stake in Fortis in 2018, which triggered a mandatory open offer to acquire another 26 per cent of Fortis shares from the market

Fortis Healthcare posts Rs 53.88 cr net profit for December quarter

Fortis Healthcare on Friday reported a consolidated net profit of Rs 53.88 crore for Dec quarter, mainly on account of robust performance of its diagnostics segment and reduction in expenses

SAT dismisses Shivinder Singh's plea against Sebi's loan recall order

SAT said Singh was a director and promoter in both the companies when the alleged diversion of funds took place

MARKET WRAP: Sensex gains 173 pts as auto, IT, and metal stocks advance

All that happened in the markets today

Fortis slips into red in Q1, posts loss before tax of Rs 208.26 crore

Total income during the quarter fell by 47 per cent to Rs 610 crore

Religare case: SC stays bail granted to ex-Fortis promoter Shivinder Singh

The high court on July 23 granted bail to Singh, saying it does not perceive any grave threat to the interests of the society or the public at large with his release

Delhi HC grants bail to ex-Fortis promoter Shivinder Singh in fraud case

The high court imposed various other bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.

Apollo to Fortis, hospitals not in the pink of health amid Covid-19 crisis

Analysts, too, are hopeful of the long-term prospects of hospital companies, but caution that the Covid-19 situation is evolving and near-term uncertainties continue

Ex-Fortis promoter Malvinder's representation on bail criteria rejected

Singh moved the representation after his plea for interim bail was denied by the high court which gave him liberty to approach the committee if he was aggrieved by the criteria laid down by it

Religare case: Delhi court dismisses Shivinder Mohan Singh's bail plea

Economic offenses having deep-rooted conspiracies and involving loss of public funds need to be viewed seriously, says court

Fortis Healthcare reports fall in hospital occupancy due to Covid-19 crisis

The company's diagnostics business also witnessed 75 per cent drop in volumes in April. Patients choose to postpone elective procedures while there was a significant drop in footfalls in OPD

Separate infra needed for Covid-19 patients with other ailments: Fortis CEO

The hospital has chosen not to cut salaries of frontline health workers even as its looks to implement cost saving measures

Private hospitals gearing up to fight coronavirus battle as cases rise

Hospitals devise protocols to help deal with the surge in the number of patients

RFL case: Malvinder to remain in jail as Delhi court dismisses bail plea

Chief Metropolitan Magistrate Gurmohina Kaur on Monday rejected Singh's bail application on the ground that he was required to be kept in judicial custody for proper investigation in the case

RFL case: Delhi court dismisses bail plea of ex-Fortis promoter Malvinder

Court rejected the bail application on the ground that Malvinder was required to be kept in judicial custody for investigation

Market Ahead, February 14: Top factors that could guide markets today

A total of 946 companies, including ONGC, Embassy Office Parks REIT, and Fortis Healthcare are scheduled to announce their December quarter earnings today