In a significant development, Fortis Healthcare is assessing a recent decision from the Delhi High Court regarding the Daiichi Sankyo arbitration. The court’s order for a forensic audit of earlier transactions poses a notable contingent liability for Fortis. Consequently, the company may explore the option of appealing to the Supreme Court, as this ruling could necessitate direct compensation to Daiichi Sankyo.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays