Company Updates

Fortis Eyes More Stakes In Malar Group

New Delhi-based Fortis group is ready to purchase stakes in Chennai-based Malar Hospitals Ltd.

The group has signed up an agreement with the Chennai-based Malar Hospitals promoters’ to buy 28 per cent of the holdings through International Hospital Ltd - a wholly owned subsidiary of Fortis Healthcare Ltd (FHL) - and Oscar Investments Ltd.

Fortis will also make an open public offer to take over 20 per cent stake from the public. The transaction will mount Fortis’ entry into south India.

ABG To Get Hold Of Western India Shipyard

SAIL All Set To Reach 60 MT Production Capacity By 2020

Kolkata: Steel AuthoritySteel Authority of India Limited of India Ltd (SAIL)

BT Anticipates $250 Mn Income From Indian Market By 2009

British TelecomNew Delhi: Global telecom networking major, BT is anticipating revenue o

Blue Dart Plans Rs 1000 Cr Investment In Next 5 to 8 Yrs

Blue Dart Express Ltd.New Delhi: To swell its air and ground infrastructure, integrated express courier and package distribution company, Blue Dart Express has decided to invest Rs. 1,000 crore in the next five to eight years. The investment will be funded through internal accruements.

RIL To Build Up Pan-Asian Polyster Business

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