Fortis promoters to launch healthcare fund

Former CEO and chairman Ravi Mehrotra will continue as executive chairman of the company. Religare Health Trust (RHT), a wholly owned subsidiary of Delhi-based Religare Enterprise Ltd (REL), has named Gurpreet Dhillon as CEO of the company. Earlier, ...

Results Today: SBI, BHEL, Tata Steel, JSW Steel, Dish TV, Indraprastha Gas, OMDC, PTC India, Religare Enterprises, Triveni Turbines, Welcorp, NIIT, DCM Shriram Industries, Elecon Engineering, Asian Hotel East, Hindustan Copper, JBF Auto, Kanoria ...

Mumbai, May 16 (PTI) Fortis Healthcare plans to raise Rs 322 crore through sale of nearly 3.5 crore shares to institutional investors. The placement of shares to Qualified Institutional Buyers is to meet market regulator Sebi''s minimum public ...

Amarchand Mangaldas, Desai & Diwanji, Luthra & Luthra and Linklaters are advising Fortis Healthcare on its institutional placement programme (IPP) that could raise up to $58m (Rs 320 crore). Amarchand capital markets partner Yash Ashar in Mumbai ...

Fortis Healthcare is looking to raise $100 million ( 540 crore) from IFC Washington, the private sector arm of the World Bank, through a mix of fresh shares and foreign currency convertible bonds (FCCB). While the company will raise $45 million from ...

MUMBAI: Religare group-promoted Air Mantra has suspended operations and stopped taking bookings, citing technical reasons. "The operations have been suspended. We are not accepting bookings either," was the response of the airline call centre ...

VML Qais, the Indian arm of Cannes Lion-winning network VML, has won all the digital duties for Religare Technologies' Healthcare IT service offering - HealthFore. Covering the entire gamut of healthcare operations for providers on all levels, ...

D ata for 800 companies from Bombay Stock Exchange. Values are: days closing price, previous closing price in brackets, 52-week low and high in bold, and volume traded (in 000) in brackets. GROUP A A A B B 661.35(628.7) 830-469 (146) A C C 1222.7(1206.9) ...

The allegations are designed to divert attention away from Daiichi Sankyo's own failures, said Singh TEXT SIZE : A | A | A TOOLS RELATED STORIES Former promoters of Ranbaxy on 23 May (Thursday) rebutted the current Japanese owner's allegations of ...