Apollo Hospitals Enterprise Ltd. (AHEL) has posted a growth of 28.6 percent in net profit at Rs 76.68 crore during the quarter ended March 31, 2019, as compared to Rs…Read More
Fortis Healthcare showed signs of revival in the fourth quarter of FY19, with improved earnings before interest, tax, depreciation, and amortization (EBITDA). The company reported net profit (profit after tax…Read More
The Everstone Group will acquire a controlling stake in Sahyadri Hospitals Limited, one of the largest hospital chains in Maharashtra. The combination of primary and secondary capital outlay is expected…Read More
Aster DM Healthcare is planning to invest about Rs 1000 crore in India to expand its hospital facilities in the country. The group with a wide network of hospitals and…Read More
A specialty clinic dedicated to head and neck cancer started functioning at the state-run JJ Hospital in Byculla, Mumbai. The clinic will be jointly operated by JJ Hospital’s ENT department…Read More
The Competition Commission of India (CCI) has cleared the proposed deal between KKR-backed Radiant Life Care and Max Healthcare. The companies announced the proposed merger in a joint statement in…Read More
The health authorities were keen on upgrading the hospital, which was under immense pressure due to heavy patient inflow from Telangana and Andhra Pradesh. In a much-needed relief to cancer…Read More
The union environment ministry had last year extended its deadline for compliance with the new rules for handling biomedical waste till March 27, 2019. Delhi government hospitals and dispensaries are…Read More
Dr Azad Moopen-promoted Aster DM Healthcare is planning to invest over Rs 650 crore in the next two years to take its total hospital bed capacity to 6000 from the current…Read More
Apollo Hospitals Enterprise has posted 29 percent growth in net profit to Rs 86.93 crore during the quarter ended December 31, 2018, compared to Rs 67.44 crore during the same quarter of the…Read More
Paras Healthcare is planning to invest Rs 500 crore to add 830 beds in 2019. The company has hospitals in Gurugram, Patna, Darbhanga, and Panchkula. The multi-specialty hospital in Panchkula is…Read More
Fortis Healthcare has inked a pact with Citibank to avail a loan of Rs 1100 crore in order to take care of its contractual commitments and strategic objectives. The loan agreement…Read More
Radiant Life Care Private Limited, one of the leading Indian hospital management company promoted by Abhay Soi and backed by global investment firm KKR, has entered into a transaction under…Read More
Shalby Hospitals, which is on an expansion spree is in talks to take over two hospitals, one in Delhi and the other one in Kolkata, at an estimated cost of…Read More
A 930-bed cancer treatment center of the Tata Memorial Hospital (TMH) will soon start operating at Kharghar near Mumbai. The TMH, located in Parel in Central Mumbai, has a capacity…Read More