India's retail inflation based on Consumer Price Index (CPI) continued northward journey...
Chief Economic Advisor (CEA) Krishnamurthy V. Subramanian has said that the Indian...
SRF has entered into a definitive agreement to sell its Engineering Plastics Business to...
NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies,...
United Bank of India has received approval to raise equity capital not exceeding Rs 1,500...
Credit Rating Agency Crisil has downgraded Dewan Housing Finance Corporation's commercial...
18-Apr2017
Standard Chartered Private Equity (Mauritius) III has sold a total of 73,04,455 shares, amounting to 1.41 per cent stake in Fortis Healthcare for over Rs 139 crore through an open market transaction. The shares of the company were sold at an average price of Rs 190.66 apiece, valuing the transaction at Rs 139.26 crore.
As of March quarter, Standard Chartered held 1,58,13,042 shares or 3.05% stake in Fortis Healthcare.
Fortis Healthcare is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care specialty and hospitals, with a healthcare network spanning 9 countries.
NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......
United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......
Credit Rating Agency Crisil has downgraded Dewan Housing Finance Corporation's commercial paper worth Rs 850 crore from A3+ to A4+. Its rating also continues to be on 'Rating Watch with Negative Implications'.......
SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......