Moneycontrol PRO

business

Fortis stake sale: Delhi HC to hear Daiichi plea on Jan 23

Delhi High court will hear Daiichi Sankyo's plea against the Singh brothers on Januaury 23 after it moved the court to block the stake sale in Fortis Health. It claims that the sale would dilute assets and hamper recovery of damages for the 2008 sale of Ranbaxy.

first published: Jan 17, 2017 08:47 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347