But from the initial numbers, it appears the parkway remains in the No. 1 spot, taking claim to the most-visited unit of the National Park Service, drawing abo
"SCDMV Express" kiosks will soon allow people to complete certain DMV transactions from grocery stores, South Carolina Department of Motor Vehicles officials an
New Delhi: In a stock exchange filing last week, Malaysian healthcare group IHH Healthcare Berhad (IHH) said that US fund Emqore Envesecure Private Capital Trust (Emqore) has filed a lawsuit against.
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NEW DELHI: Fortis Healthcare on Friday said its subsidiary, Escorts Heart Institute and Research Center Ltd, has received a notice from capital markets regulator SEBI in the matter related to the alleged diversion of funds from the company by its erstwhile promoters. SEBI has issued a notice under Rule 4 of SEBI (Procedure for holding inquiry and imposing penalties) Rules, 1995 read with Section 15-I of Securities and Exchange Board of India Act, 1992 in the matter of Fortis Healthcare Limited to, among others, Escorts Heart Institute and Research Center Limited (EHIRCL), Fortis Healthcare said in a regulatory filing. Fortis Healthcare on Friday said its subsidiary, EHIRCL, received the notice on April 15, 2021.
Committed to growing Fortis: IHH Healthcare
February 08, 2021
Supreme Court hearing on Fortis open-offer case later this week As the Fortis Healthcare case comes up at the Supreme Court, IHH Healthcare Berhad said it was committed to growing the Indian hospitals network in which it had acquired a controlling stake in 2018.
Legal tangles
The IHH statement comes ahead of the apex court hearing (February 10) on whether IHH can proceed with its open offer to acquire additional shares in Fortis. 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. The open offer, though, could not proceed due to ongoing legal proceedings pending before the Court, the Malaysia-headquartered IHH said.