News for 'Apollo Management'

Security forces on alert as Jayalalithaa suffers cardiac arrest

Security forces on alert as Jayalalithaa suffers cardiac arrest

Rediff.com5 Dec 2016

The Tamil chief minister suffered a heart attack on Sunday evening.

India's M&A bandwagon on a roll

India's M&A bandwagon on a roll

Rediff.com14 Dec 2005

Jaya remains critical; hospital rejects reports of her death

Jaya remains critical; hospital rejects reports of her death

Rediff.com5 Dec 2016

'Some TV channels are wrongly reporting that the Honourable CM is no more. It is totally baseless and false,' the hospital says.

What's triggering major job churns in the auto sector

What's triggering major job churns in the auto sector

Rediff.com14 May 2015

Companies have also managed to find talent created by frequent exits.

Business travel takes off again on a wing and a prayer

Business travel takes off again on a wing and a prayer

Rediff.com2 Nov 2021

Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions. It comes as a huge relief for the ravaged aviation, travel and hospitality sectors. "We are witnessing a 40 per cent recovery on pre-covid volumes from our business travellers, signalling the return of corporate confidence in air travel," said Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) & SOTC.

BPCL may sell IGL, Petronet pie to shed promoter status

BPCL may sell IGL, Petronet pie to shed promoter status

Rediff.com25 May 2021

Privatisation-bound Bharat Petroleum Corporation (BPCL) may sell a part of its stake in Petronet LNG and Indraprastha Gas (IGL) to shed its promoter status to obviate the need for its new owner to make open offers for the two gas companies, sources said. BPCL holds 12.5 per cent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL. It is a promoter of both the listed companies and holds board positions. As per the legal position evaluated by Department of Investment and Public Asset Management (DIPAM) - the department running the process for sale of government's entire 52.98 per cent stake in BPCL - the acquirer of BPCL will have to make an open offer to the minority shareholders of Petronet and IGL for acquisition of 26 per cent shares, three sources with knowledge of the matter said.

A Swayamvar With A Difference

A Swayamvar With A Difference

Rediff.com30 Aug 2022

Lakshmanan contracted polio when he was only three months old. 'I didn't want to go for the swayamvar, but my uncle convinced me to attend.' He sat close to the door at the swayamvar. And then, Rohini walked in. Both her legs, too, were afflicted with polio.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

FREEZE! Animals on the Prowl

FREEZE! Animals on the Prowl

Rediff.com9 Sep 2021

Take a look at some of the jaw-dropping images.

HDFC health benefit card convenient up to a point

HDFC health benefit card convenient up to a point

Rediff.com11 Jun 2015

Prepaid one offered by HDFC Bank and Apollo Hospitals gives discounts but one needs to spend it at designated hospitals and pharmacies to avail benefits

Jayalalithaa's Death: Will Sasikala Be Prosecuted?

Jayalalithaa's Death: Will Sasikala Be Prosecuted?

Rediff.com21 Oct 2022

Jayalalithaa was the third chief minister in Tamil Nadu to die in office, after her mentor M G Ramachandran (1987) and before that his mentor C N Annadurai (1969). The state government should have evolved protocols for the medical care of the incumbent, and institutional memory should have guided the government and officials in the matter, points out N Sathiya Moorthy.

Cashless insurance back in private hospitals

Cashless insurance back in private hospitals

Rediff.com20 Jul 2011

Rates fixed by New India Assurance, Oriental Insurance, United India Insurance and National Insurance after long discussions have been agreed to by the corporate chains

BPCL says no intention to sell stake in Petronet, IGL

BPCL says no intention to sell stake in Petronet, IGL

Rediff.com27 May 2021

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Thursday said it has no intention to sell a part of its stake in Petronet LNG Ltd and Indraprastha Gas Ltd (IGL) to help its new owner avoid making an open offer for the two gas companies. BPCL holds 12.5 per cent of the shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL. It is a promoter of both the listed companies and holds board positions.

Wage revision clause in settlement proposal worries BPCL employees

Wage revision clause in settlement proposal worries BPCL employees

Rediff.com12 Jan 2021

With the privatisation of BPCL appearing inevitable, there are worries that the new promoter would soon move to lower wages.

Investors bearish on India's growth prospects

Investors bearish on India's growth prospects

Rediff.com9 Aug 2013

If Indian money looks around at the economic climate and decides instead to go to Latin America, West Asia, or China, then why would foreign money's decision be any different?

Hospitals give a dose of happy hour to lure patients

Hospitals give a dose of happy hour to lure patients

Rediff.com7 Oct 2013

Happy hours, a discount concept popular across bars, restaurants and multiplexes, is now catching up in the health care sector, too.

'Is it good to hold stock SIPs for long?'

'Is it good to hold stock SIPs for long?'

Rediff.com23 Jun 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Covid-19 pandemic: PEs pour $584 million into healthcare in 2021

Covid-19 pandemic: PEs pour $584 million into healthcare in 2021

Rediff.com11 Jun 2021

Sensing a huge opportunity in the healthcare sector during the Covid-19 pandemic and its aftermath, private equity (PE) players are upping their investments in the space. According to data from research platform VCCEdge, the PEs have together invested a staggering $583.82 million in the first five months of 2021 in five deals, which is the highest investment in the sector in the last five calendar years - from 2016 to 2020. The second highest investment in the sector took place in 2017, when PEs invested $503 million in 18 deals, with an average deal size of $29. 9 million.

Docs warn of 'worse than 2nd wave' if Covid norms not followed

Docs warn of 'worse than 2nd wave' if Covid norms not followed

Rediff.com15 Jun 2021

'If people show laxity by not wearing masks or wearing it inappropriately or violate social distancing norms, and if law enforcement agencies do not penalise and ensure violations do not increase in quantum, then we are certainly in for a trouble. And, the next wave could be worse than the second wave situation'

Rising fuel prices may hit BPCL's divestment plan

Rising fuel prices may hit BPCL's divestment plan

Rediff.com26 Oct 2021

The divestment of Bharat Petroleum Corporation (BPCL) may hit a fuel price hurdle, according to officials dealing with the matter. They pointed out that the inconspicuous administered price regime could hamper the prospects for potential buyers of BPCL. A senior oil ministry official said public-sector oil-marketing companies (OMCs) take a hit when they sell petrol, diesel, and liquefied petroleum gas (LPG), three of the most popular petroleum products in the country.

6.4 magnitude quake strikes Assam, 10 more follow

6.4 magnitude quake strikes Assam, 10 more follow

Rediff.com28 Apr 2021

The epicenter of the quake was Sonitpur and the quake occurred at 7.51 am at a depth of 17 kilometres, it said.

States woo firms to run hospitals

States woo firms to run hospitals

Rediff.com1 Sep 2008

Several Indian states including Himachal Pradesh, Delhi, Goa, Madhya Pradesh and Bihar are offering their hospitals to the private sector to manage. This has elicited immediate positive reactions from private sector hospital chains - among them Fortis Healthcare, Apollo Hospitals and Wockhardt Hospitals.

ASK AJIT: 'Which shares to buy short term and long term?'

ASK AJIT: 'Which shares to buy short term and long term?'

Rediff.com17 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.

A Raja's key aide Sadiq Batcha commits suicide

A Raja's key aide Sadiq Batcha commits suicide

Rediff.com16 Mar 2011

Former Telecom Minister A Raja's aide Sadiq Batcha was found hanging at his Chennai residence on Wednesday, police sources said.

Health insurance cos pay you to stay healthy!

Health insurance cos pay you to stay healthy!

Rediff.com21 Feb 2017

Staying healthy is good news for the insurance company as well since it implies lower claims. Insurance companies offer discounts anywhere between 8 And 30 per cent discount on premium.

Govt has received 3 bids for BPCL: Oil minister

Govt has received 3 bids for BPCL: Oil minister

Rediff.com2 Dec 2020

The government has received three preliminary bids for buying of controlling stake in India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL), Oil Minister Dharmendra Pradhan said on Wednesday. Mining-to-oil conglomerate Vedanta had on November 18 confirmed putting in an expression of interest (EoI) for buying the government's 52.98 per cent stake in BPCL. The other two bidders are said to be global funds, one of them being Apollo Global Management.

Is my portfolio good?'

Is my portfolio good?'

Rediff.com31 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Bumps galore, but auto hubs breathe easy on sales spike

Bumps galore, but auto hubs breathe easy on sales spike

Rediff.com22 Feb 2021

The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.

Over 400 students hospitalised after gas leak near Delhi school

Over 400 students hospitalised after gas leak near Delhi school

Rediff.com6 May 2017

The Delhi government has ordered a magisterial probe into the incident.

Shoaib, Misbah feel better

Shoaib, Misbah feel better

Rediff.com28 Nov 2007

Pakistan speedster Shoaib Akhtar, who was admitted to a local private hospital with a chest infection is feeling better, the team management said on Wednesday.

Delhi's Taj Mansingh Hotel now COVID-19 facility

Delhi's Taj Mansingh Hotel now COVID-19 facility

Rediff.com16 Jun 2020

Delhi government authorities on Tuesday issued an order asking luxury Taj Mansingh Hotel to have its rooms and premises be placed at the disposal of Sir Ganga Ram Hospital for using it as an attached COVID-19 facility.

What is the future of e-pharmacies in India?

What is the future of e-pharmacies in India?

Rediff.com19 Dec 2019

PharmEasy, 1mg and Netmeds believe that their disruptive capabilities will power their brands despite the recent court ruling. The Drug Controller General of India recently directed all state FDAs to stop the online sale of medicines as per a Delhi high court order of last year.

How this scientist lost 11 kilos in a year

How this scientist lost 11 kilos in a year

Rediff.com5 Aug 2020

Salil Verma shares the simple formula that worked for him.

Quarantine hotels: It's business unusual

Quarantine hotels: It's business unusual

Rediff.com24 Apr 2020

Leading hotels are taking all precautions but the unusual service the staff has been pressed into puts them at the forefront of COVID fight.

Why are Indian B-schools shutting down?

Why are Indian B-schools shutting down?

Rediff.com23 May 2018

The number of management colleges has dropped from 3,609 in 2014-15 to 3,264 in 2017-18.

Find out who all are interested in buying stake in Viom

Find out who all are interested in buying stake in Viom

Rediff.com3 Mar 2014

PE giants Apollo, Bain Capital and Advent International are keen to pick stake in Viom

Hospital chains eye robust growth

Hospital chains eye robust growth

Rediff.com18 Mar 2009

The sector has expansion plans worth more than Rs 2,000 crore to increase their bed strength in response to robust demand. Fortis, which now manages 3,000 beds with a network of 26 hospitals, is planning to double capacity by 2012 with 40 hospitals. Apollo Hospitals, which has 7,500 beds in 43 hospitals in India and overseas, plans to add 2,000 beds in two years. Meanwhile, the 17-hospital Wockhardt chain will soon add hospitals at Kolkata, Mumbai and at Nasik in Maharashtra.

7 steps that helped CEAT turn around

7 steps that helped CEAT turn around

Rediff.com6 Oct 2009

CEAT was for all practical purposes a sick company in 2001.

2nd dry run of vaccine: Vardhan reviews preparations across states

2nd dry run of vaccine: Vardhan reviews preparations across states

Rediff.com7 Jan 2021

Union Health Minister Harsh Vardhan on Thursday sought keen oversight and personal indulgence of health ministers, principal secretaries and additional chief secretaries of states and union territories to lead the second nationwide mock drill on the COVID-19 vaccination scheduled to be held on January 8.