MUMBAI (Aug 20): The new chief executive officer at Fortis Healthcare plans to cut a fifth of costs to resuscitate India's second-largest hospital chain after a regulator found it was defrauded of tens of millions of dollars by its former owners.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

SUBSCRIBE NOW