Daily Archives: May 11, 2018

Fortis Healthcare On Backing Munjals And Burmans In Takeover Battle Healthy process was carried out to determine right suitor for Fortis We believe we have had a healthy process to determine who would be the right fit We looked at different binding views from the perspective of certainty Looked at all bids from point of view of liquidity and continuity Hero – Dabur Group got the maximum votes from the Board Liquidity, certainty and risk were taken into consideration for selecting winner Manipal deal was not the favourite among the Board Requested resignation of Singh brothers form SRL board Certainty required that funds flow straight into company Shareholder meeting will be in 30 days Two shareholders, who have over 10 percent equity, have requested EGM on May 22 Five out of eight members are relatively new to join board Three oldest members of the board voted for Hero Manipal Group Board meeting went on for 15 hours. We expect the forensic audit report before the end of May Updated02:29:23 pm Created01:53:55 pm Find Out About All Your Stock Market Queries On #AskBQ

Sensex, Nifty Clock Best Weekly Gain In A Month Ahead Of Karnataka Polls BQ Desk @bloombergquint 11 May 2018, 4:32 PM11 May 2018, 8:56 AM FOLLOW US Editor’s Choice Walmart Vs Amazon Vs Alibaba: 5 Things To Know About The 3-Way War For India’s E-Commerce Market Flipkart Readies To Burn Billions With Walmart’s Backing Ajay Piramal Buys Piyush Goyal’s Company Only To Sell Most Of Its Assets In Months Why Some Indian States Are Facing Temporary Cash Flow Mismatches Is It Time To Bring The Public Debt Management Office Debate Back From The Dead?  SUBSCRIBE to Bloomberg | Quint The Daily Newsletter Subscribe News & Stock Alerts WhatsApp Subscribe facebook Messenger Subscribe Telegram Subscribe Updated04:32:36 pm Created03:49:18 pm Closing Bell Indian equity benchmarks resumed upmove […]