Latest bid for India’s Fortis “more risky”, says Manipal CEO
India’s privately held Manipal Hospitals had to take a “more risky” approach in its latest bid for domestic rival Fortis Healthcare to see off rival suitors, Manipal’s Chief Executive Ranjan…
PWD demands Rs 151 crore for Sassoon hospital building work
PUNE: The public works department demanded Rs 151 crore from the state government in the supplementary budget ahead of the monsoon session of the assembly to complete the pending work…
Cheaper, faster DNA tests make diagnosis better
Mumbai: Delhi IT professional Salim Khan Cheaper, faster DNA tests make diagnosis better considers his brush with genomics at KEM Hospital in Parel a medical wonder. He had painfully accepted…
Manipal-TPG’s new offer for Fortis, values it at Rs 8,358 cr
Mumbai, The consortium of Manipal Health Enterprises (MHEPL) and private equity (PE) firm TPG Asia on Sunday revised their offer to acquire a stake in Fortis Healthcare, proposing to infuse…
Fortis appoints Arpwood Capital to advise on sale bids
New Delhi, May 4 : Fortis Healthcare today said it has appointed Arpwood Capital Private Ltd to advise the board on various sale bids. The firm will act as financial…
‘Centre for Sight’ skyline will catch all eyes deserving the best
New Delhi: Centre for Sight was already cynosure of all eyes needing the best correction. Addition of Dwarka high rise centre makes it a cut far above the rest. It…
IHH MD Tan See Leng says Fortis & SRL will aid local, global play
MUMBAI: Malaysia’s IHH has made a fair and equitable offer to acquire Fortis that will take care of its immediate funding needs, said Tan See Leng, managing director, IHH Healthcare…
BMC Hospital told to pay Rs 2 lakh each to three patients for rat bites
The state human rights commission has asked Babasaheb Ambedkar Municipal General Hospital, more popularly known as Shatabdi hospital, to cough up compensation of Rs 2 lakh each to three patients…
Manipal-led bid for Fortis faces objections: Sources
Two major investors in Fortis Healthcare, who have concerns over the bidding process for the cash-strapped Indian hospital operator, plan to vote against a Manipal Hospitals-led consortium if that group…
Three held for stealing Opioid Drugs From Coimbatore Hospitals
The Kattoor police detained three persons for their involvement in stealing Opioid Drugs From Coimbatore Hospitals and while investigation they accepted that they were Stealing Opioid Drugs From the last…