Malaysia’s IHH Healthcare Bhd is set to take control of India’s Fortis Healthcare after its bid of up to $1.1 billion was chosen over a rival’s, giving it ownership of over 30 hospitals amid a private healthcare boom in India.
In probably the best demand environment that the IT services industry has witnessed since the Global Financial Crisis, Infosys delivered 1QFY19, in line with its unambitious guidance. Unlike TCS the other day (TCS).
The Board of Directors of Fortis Healthcare Limited has selected the binding investment proposal from Malaysia’s IHH Healthcare Berhad to invest Rs 4,000 crores by way of preferential allotment at a price per share of Rs 170/share as the winning bid.
TCNS’s product portfolio includes top-wear, bottom-wear, drapes, Combination-sets and accessories that cater to a wide variety of the wardrobe requirements of the Indian woman, including every-day wear, casual wear, work wear and occasion wear.
India’s current largest telecom company Bharti Airtel has announced that it might plan to raise US$ 1 billion (Rs 6,900 crore) in overseas through loans to refinance its high-cost debts that it would in return help them to have the cash for capex investments required to expand its 4G network in the country.