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  • Fortis Healthcare shares drop 20% as Supreme Court orders status quo on IHH deal

    The verdict further delays the takeover of the embattled hospital chain Fortis Healthcare by Malaysia’s IHH, which has already been pending for over three years.

  • Singapore court rejects Singh brothers' plea challenging arbitral award of Rs 3,500 crore in favour of Daiichi

    In 2008, Daiichi Sankyo had purchased a 34.82 percent stake in Ranbaxy from the Singh brothers for $2.4 billion.

  • SEBI directs Singh brothers to pay Rs 403 crore to Fortis Health within 3 months

    The regulator also ordered Singh brothers or their companies not dispose of or alienate any of their assets or divert any funds pending completion of the investigation and till further orders.

  • WWE's Stephanie McMohan dances to Humko Tumse Pyaar Hai

    The video uploaded on Twitter by WWE has gone viral and fans are loving the moves

  • Supreme Court puts Fortis Healthcare sale to IHH on hold

    The order came after Daiichi Sankyo filed a contempt plea against Fortis' former promoters Malvinder Singh and Shivinder Singh (Singh brothers)

  • Shivinder Singh calls brother Malvinder's accusation of assault 'a false & shameless attempt'

    Shivinder said the gulf between our value systems is clearly too wide and the latest incident closes all options for any possible solution to work together.

  • Daiichi Sankyo says Singh brothers diverted Rs 2,900 crore through downstream companies

    Daiichi filed three fresh applications in the high court saying that the brothers did not declare the money in their affidavits and it is parked in 25 different companies

  • No decision still on ways to raise up to Rs 5,000 cr: Fortis

    "The board of the company had approved the enabling fund raising options up to Rs 5,000 crore including but not limited to qualified institutional placement, foreign currency convertible bonds or any other method and recommended the same to shareholders for their approval," Fortis Healthcare said in a BSE filing.

  • Fortis Healthcare promoters plan Rs 280cr buyback of NCDs

    In a separate filing, RHC Holding Pvt Ltd, another investment firm controlled by the Singh brothers said its board would consider buy back 800 secured redeemable non- convertible debentures of the company of Rs 10,00,000 each aggregating to Rs 80 crore allotted on March 28, 2014 on private placement basis.

  • Fortis looking to go to 8-10 verticals in 10-15 countries

    Fortis Healthcare India today announced an all-cash deal to acquire Fortis Healthcare International as part of its plan to merge India and international operations. CNBC-TV18 catches up with the Singh brothers, Malvinder and Shivinder Singh, to understand the rationale behind the deal and the way forward for the merged entity.

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