India Digest: Fortis extends bid deadline; Fairfax raises $550m; Infibeam gets nod for payments bank

India Digest: Fortis extends bid deadline; Fairfax raises $550m; Infibeam gets nod for payments bank

Photo: Reuters

Fortis Healthcare Ltd has extended the deadline yet again for submission of binding bids to July 3 while Fairfax India has secured $550 million as one-year secured term loan from a syndicate of Canadian banks. Separately, e-commerce firm Infibeam said it has received shareholders’ approval to expand business in IT segment, set up a payments bank, and raise Rs 2,000 crore.

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