Fortis appoints Raghuvanshi as MD & CEO

New Delhi

Fortis Healthcare on Tuesday said it has appointed Ashutosh Raghuvanshi as managing director and CEO of the company with immediate effect. The company’s Board of Directors have approved the appointment of Raghuvanshi as MD and CEO with immediate effect for a period of three years, Fortis Healthcare said in a filing to the BSE. This is subject to the approval of shareholders of the company, it added. PTI

New Delhi

Jet Airways shares drop nearly 4%

Shares of Jet Airways fell nearly 4% on Tuesday amid the debt-ridden company massively cancelling flights after grounding of a large part of its fleet. The shares of the company declined 3.35% to close at Rs 229.05 apiece on the BSE. During the day, it plunged 5.48% to Rs 224. PTI

New Delhi

IOC pays second interim dividend of Rs 1,412 cr

Indian Oil Corp on Tuesday declared a second interim dividend of Rs 1,412 crore for the current financial year and ONGC agreed to do so next week to help the government meet its tax revenue target. In a stock exchange filing, IOC said its board at a meeting on Tuesday approved payment of Rs 1.50 per share of 15% in second interim dividend for 2018-19 to shareholders. PTI