If the ‘market knows’, why doesn’t the auditor?
Auditors are considered market fiduciaries, because they validate the fairness of financial statements. Resignation of auditors and...
Fortis Healthcare: A vote to reboot
Fortis’ EGM result, decisively in favour of removing the old board and vote in the members proposed by shareholders, speak of investor...
Fortis Healthcare: Is it over?
Fortis board’s announcement that they have accepted the Munjal-Burman offer may just be the beginning of a new round of battle with...
The Battle for Fortis
Fortis in its board meeting on 19 April 2017, constituted an expert advisory committee to evaluate the offers submitted to the board by...
Fortis Healthcare: Finding the best medicine
The legitimacy of Fortis’ board is under question, and therefore, the legitimacy of the process it has adopted to sell the company is...
How should Fortis confront its Revlon moment?
Fortis Healthcare’s investors may be forgiven for wondering why everyone in the room is sitting scared. There are four competing bidders...
Sholay, Satyam and Fortis Healthcare
Gabbar Singh “Kitne aadmi thay?” Kaliya “Sardar, do aadmi thay” Gabbar Singh “Do aadmi? ….. aur tum teen….phir bhi waapas aagaye. Khali...