Sunday, 26 June, 2022
TopicFortis Healthcare

Topic: Fortis Healthcare

Fortis, Max, Medanta — Why private Indian hospitals are selling out to foreign players

Himani Chandna -
According to rating agency ICRA, the total value of mergers and acquisitions in the hospital sector in 2018-19 posted a record rise of 155%.

Death threats, a spiritual sect & a $2 billion empire: Singh brothers feud gets murkier

Ari Altstedter -
Billionaire Malvinder Singh claims that his brother Shivinder acquired 6 companies to write off debts of their spiritual guru, who allegedly threatened him.

Singh brothers defrauded Fortis Healthcare of Rs 4 billion

Ari Altstedter -
Sebi found that brothers Malvinder and Shivinder Singh have defrauded Fortis Healthcare of Rs 4 billion and ordered them to repay the amount.

Ex-Fortis promoter Shivinder withdraws petition against elder brother Malvinder on mother’s advice

PTI -
Shivinder this month filed an application before the National Company Law Tribunal alleging Malvinder's actions undermining interests of their companies. 

Fortis board picks Asian healthcare giant to take over ailing hospital chain

Ari Altstedter -
In a landmark judgment, the Supreme Court has recognised and given sanction to passive euthanasia and "living will"
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Economy

Illustration: Ramandeep Kaur | ThePrint

Does breaking up big states boost economy? Data doesn’t back up hype, says Indian study

Nikhil Rampal -
The study by researchers at Indira Gandhi Institute of Development Research looked at economic impact of reorganising Uttar Pradesh, Madhya Pradesh, and Bihar in the year 2000.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

Raghav Bikhchandani -
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

National Interest

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Shekhar Gupta -
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.

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