After 50 hearings, court reserves judgement in Daiichi-Fortis case

Daiichi is seeking enforcement of an arbitration award in favour of it against former Fortis promoters Malvinder and Shivinder Mohan Singh for alleged fraud in the 2008 sale of their pharma company Ranbaxy Laboratories to the Japanese firm. Including interest, the amount that a Singapore tribunal awarded a decade ago has now swelled to ₹5,200 crore.

from Health News | Latest Healthcare Sector & Healthcare Industry news, Information and Updates: ET HealthWorld : ETHealthworld.com https://ift.tt/LJTGDtE

Park Medi World to acquire Medicity Hospital in Rudrapur, enter Uttarakhand

The Medicity Hospital, Rudrapur, is multi-super speciality healthcare institution with a 330-bed capacity.

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Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costs

Private equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by independent doctors and family-run hospitals.

from Health News | Latest Healthcare Sector & Healthcare Industry news, Information and Updates: ET HealthWorld : ETHealthworld.com https://ift.tt/zcK3XLp