Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.
The stock of Apollo Hospitals Enterprise (AHEL), India's largest listed health care services company, fell 4.6 per cent on Monday (April 29) and slipped another 0.34 per cent to close at Rs 5,946.20 on Tuesday (April 30). The share declined due to a lower valuation for subsidiary Apollo HealthCo (AHL) and an aggressive valuation for Keimed, a promoter-owned drug wholesaler that is merging with AHL.
'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'
Health experts advise young working professionals, especially those in high-stress sectors like IT, to adopt healthier lifestyles from an early age and undergo regular preventive health check-ups.
The O Panneerselvam-led AIADMK Cadres Rights Retrieval Committee has withdrawn from the BJP-led NDA coalition, a year after joining. The move follows meetings between Panneerselvam and DMK Chief Minister M K Stalin, fueling speculation about future alliances.
Next year Medica and Manipal will merge, making the amalgamated entity the largest corporate hospital chain in the country, overtaking Apollo Hospitals Enterprises.
Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.
The IPO wave of 2025 is here, and it's bigger than ever. From fintech unicorns to financial powerhouses and infrastructure giants, some of India's biggest names are all set to make their stock market debut. PhonePe, Zepto, Tata Capital, NSE, NSDL, and JSW Cement are just a few of the highly awaited listings that have investors and analysts buzzing with excitement.
When Amazon's Billionaire Boss Jeff Bezos and Lauren Sanchez say 'I do,' the world's glamorous power circle RSVPs yes.
'Cancer incidence is projected to increase by 12.8 per cent by 2025 compared with 2020, necessitating more dedicated cancer treatment centres and specialised beds.'
Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years
Revenues from Bangladeshi patients have declined by 30% to 35% in 2024-2025. Bangladesh typically accounts for 70% to 75% of all medical visas issued by India.
The Lucknow-born Shukla, former NASA astronaut Mission Commander Peggy Whitson, Slawosz Uznanski-Wisniewski of Poland, and Tibor Kapu of Hungary are part of the Axiom-4 mission that marks the return to space for the three nations.
Sony World Photography Awards 2025 Winners Announced
The 96-year-old former deputy prime minister was brought to the hospital about two days ago.
Former Chief Election Commissioner of India, Navin Chawla, passed away on Saturday at the age of 79. Chawla, a former bureaucrat, served as the election commissioner between 2005 and 2009, and then as chief election commissioner from April 2009 to July 2010.
The June quarter numbers of the country's largest listed healthcare services provider, Apollo Hospitals Enterprise (Apollo), were in line with Street estimates on the operational front. Net profit estimates, however, missed expectations due to higher interest and tax outgo. The revenue performance of the core hospital segment was robust, registering a 13 per cent increase over the year-ago quarter.
Renowned music director A R Rahman has been admitted to a corporate hospital in Chennai. Sources say he is doing fine, but details about his hospitalization are not yet available.
Recent reports of heart attacks occurring while dancing, driving, or even walking have raised concerns about the condition's unpredictability. Experts emphasize the importance of regular health check-ups to detect underlying heart diseases and prevent sudden cardiac events. Factors contributing to the rise include unhealthy lifestyles, genetic predisposition, and inadequate sleep. The article highlights the need for increased public awareness and stricter implementation of government programs to address the growing trend of heart attacks, particularly among younger individuals.
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Traders said the OMC stocks gained with crude oil prices hovering below $70 per barrel after OPEC-plus decision to increase output from April, a move which is expected to favour Indian refiners with added marketing margins on retail fuel.
Rajinikanth, who had been admitted to Chennai's Apollo Hospital on September 20 after complaining of ill health, was discharged on Thursday night.
The first phase of the programme will kick off with vaccinations in Hyderabad on Monday and in Visakhapatnam on Tuesday (May 18) at Apollo facilities.
Tatas, Ambanis, Adanis, Birlas contributed an average of Rs 800 crore to Rs 1,000 crore per family group.
The 96-year-old, who was born in undivided India, was admitted to the Apollo hospital today, a hospital source told PTI.
There is a 10 per cent rise in endometriosis cases among women, with one in 10 women getting diagnosed with the condition per month.
RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.
A series of explosions rocked Lebanon and Beirut on Wednesday with the health ministry confirming nine deaths while news agencies put the toll at higher. The fresh round of blast came just a day after a deadly attack involving exploding pagers claimed the lives of at least 12 people.
Cheaper ripoffs was how China powered its way as an economic superpower but hitherto the tech realm had remained out of bounds. With DeepSeek's AI model the West, it seemed, was about to lose its competitive edge in cutting edge generative AI technology. And this is what is causing deep furrows in the forehead of tech titans in Silicon Valley.
The 100-stock largecap basket of Mutual funds (MFs) has seen a major reshuffle in the latest semi-annual reclassification with seven midcap stocks and four new listings earning the largecap tag. According to a report from Nuvama Alternative & Quantitative Research, the midcap stocks that have been upgraded include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India, and Info Edge.
The son revealed that he wanted to migrate to Canada but his family wanted him to marry first.
Idiopathic Pulmonary Fibrosis, the condition that led to the death of tabla maestro Zakir Hussain, is an extremely debilitating disease -- a virtual death sentence.
'India has the maths talent, academic institutions, and research institutions to do the next big thing.'
From Star Wars to Santa to Alia Bhatt, OTT has a variety of entertainment to offer for all ages this week. Sukanya Verma lists her recommendations.
'In Independent India's politics you will not find any leader of a political party who has not contested elections or not held a powerful post.' 'It was only Balasaheb who never contested elections or held a post.' On the occasion of Balasaheb Thackeray's 99th birth anniversary, close aide Subhash Desai recalls vignettes about the Shiv Sena founder.
A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14.
Three big private hospital chains -- Apollo, Fortis and Max -- on Friday announced the launch of Covid-19 immunisation drive for the 18-44 age group at limited centres in the country from May 1 while the Delhi government said it will start the vaccination exercise once it receives doses from the manufacturers.
Fifty years ago on July 20, 1969 with these words American astronauts Neil Armstrong, Michael Collins, and Edwin "Buzz" E Aldrin made history by becoming the first human beings to set foot on another world -- the moon. It was an event that was watched by millions on television and one that remains etched in all our memories. Collected here are 17 images of that historic mission, a "giant leap for mankind".
Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.
According to a recent CareEdge Ratings report, Bangladesh accounts for around 50-60 per cent of India's total medical tourism inflow
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