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Top Court Allows Forensic Audit in Fortis-IHH Case

By Uniquetimesorg September 28, 2026 0

India’s Supreme Court has allowed a court-ordered forensic audit into a decade-long dispute involving Fortis Healthcare and Malaysia’s IHH Healthcare, after disposing of Fortis Healthcare’s petition challenging the audit. The audit will examine allegations that former Fortis promoters Malvinder Mohan Singh and Shivinder Mohan Singh moved or disposed of assets that could Continue Reading

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Indian Court Orders Probe Into Fortis Asset Diversion Case

By Uniquetimesorg September 1, 2026 0

India’s Delhi High Court has ordered a forensic audit into alleged asset dissipation involving former promoters of Fortis Healthcare, Malaysia-based IHH Healthcare said on Tuesday. The investigation will examine the disposal of the former promoters’ Fortis shareholding, the subsequent change in control of the hospital operator and the role of various stakeholders. The case Continue Reading

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KKR in talks for $1B+ majority stake in Medicover India hospital arm

By Uniquetimesorg June 18, 2026 0

KKR is in advanced discussions to acquire a majority stake in Swedish healthcare company Medicover’s India hospital business for at least $1 billion, according to a source familiar with the matter. The deal would significantly expand KKR’s presence in India’s growing healthcare sector. Medicover confirmed in a statement that it is in talks with KKR […]Continue Reading

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Fortis Healthcare Acquires Bengaluru’s People Tree Hospital for ₹4.3 Billion

By Uniquetimesorg December 20, 2025 0

Fortis Healthcare Ltd announced on Saturday that it will acquire People Tree Hospital in Yeshwantpur, Bengaluru, for ₹4.3 billion, marking a strategic move to strengthen its presence in South India’s healthcare market. The acquisition will be carried out through Fortis’ wholly owned subsidiary, International Hospital, by purchasing a 100% stake in TMI Healthcare, the Continue Reading