Fortis looks to ramp up board, but old issues remain
Updated : April 27, 2018 06:12 PM IST
The Fortis board has invited three individuals nominated or recommended by Jupiter India Fund and East Bridge.
But the links the new inductees have with some bidders is stark and begs the question: is there a conflict of interest?
Governance experts say these connections could be random and disconnected, but given the huge interest in Fortis, the board needs to clear the air.
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