Paras Healthcare secures Rs 652 cr from anchor investors

According to circulars uploaded on exchanges' websites, Paras Healthcare has allotted 94,15,584 equity shares to 39 funds at Rs 693 apiece, aggregating to Rs 652.5 crore.

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Tata Trusts plans network of 40-50 not-for-profit hospitals across India: Noel Tata

Tata Trusts is working towards establishing a network of 40 to 50 not-for-profit general hospitals across India to make quality healthcare more affordable and accessible, Chairman Noel Tata said in the Trusts' Annual Report for 2025-26.

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Supreme Court dismisses appeals by DCB Bank and UBS against Fortis audit

The Supreme Court recently dismissed appeals by DCB Bank and UBS Management Services regarding a forensic audit. This audit pertains to transactions linked to Fortis Healthcare and its former promoters. The audit was initially ordered by the Delhi High Court on August 31. The court emphasized that the audit was not a broad investigation into bank affairs. The ruling is significant in the ongoing arbitration case with Daiichi Sankyo.

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