Fortis gets revised bid from Malaysia`s IHH Healthcare

India's Fortis Healthcare Ltd on Tuesday said it received a revised takeover proposal from Malaysia's IHH Healthcare Bhd. IHH's latest proposal includes an immediate equity infusion at 175 rupees ($2.63) per share and a subsequent equity infusion at a per share price not exceeding 175 rupees, the company said in a statement. Last week, IHH tweaked an earlier bid and offered to immediately...

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Personal finance this week: When to change your asset allocation; how Mumbai realty prices react to new plan

This week in personal finance: When to change your asset allocation; how Mumbai property prices will react to new development plan. The results season is well on under way. Some companies have done better that expected with their stocks showing strong trend while others have disappointed with below expected performance. Markets can give unexpected results and as an investors one has to...

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