Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.
Apollo Health Street Ltd, which is more than 75 per cent owned by the Apollo Hospitals group, said on Wednesday it had received a multi-year contract for more than Rs 300 million from a New York-based teaching hospital. \n\n\n\n
Gujarat Apollo Equipments Ltds managing director Anil T Patel resigned. He continues to be chairman and director.
Apollo Health and Lifestyle, a fully owned subsidiary of the Apollo Hospital Group, on Tuesday said it would open 35 clinics this fiscal in non-metro towns as part of its strategy to focus beyond metros.
The margins of tyre manufacturers could come under pressure given the rise in rubber prices and the moderating demand for tyres. In the past three quarters, the revenue growth for listed tyre companies has moderated from low to mid-single-digit on account of factors such as lower demand in replacement segments, weak export markets and the decline in the average selling prices to car makers (OEMs). Demand trends could remain muted in the near term, given the weak passenger vehicle replacement demand, assuming a typical replacement cycle of 3-5 years, and demand moderation in the OEM segment.
Sari-clad women ride their Bullet bikes across the streets of Nagpur.
Apollo Health & Lifestyle Limited, a wholly-owned subsidiary of Apollo Hospitals Enterprise Limited, will set up 250 day-care clinics all over the country within next three years, a company official said.
Apollo Tyres Ltd suspended operations at its automobile tube manufacturing plant at Ranjangaon in Pune district due to labour problems.
Upbeat about developing warmth in Indo-Pak relations, Apollo Health and Lifestyle is eyeing Pakistan to spread its network of clinics there.
"Her mental functions, I can assure you, are absolutely normal," said Apollo Hospitals chairman Pratap C Reddy.
'The earlier you get your treatment done, the better the chance of recovery.'
Apollo Tyres has convened an extraordinary general meeting on December 15 at Kochi to seek approval for technical alliance with Michelin group of France to manufacture dual-branded radial truck and bus tyres.
Scientists at ISRO used the orbiter high resolution camera onboard the Chandrayaan-2 orbiter to study the lunar surface hours before and after the soft-landing of Vikram lander on the moon on August 23.
The three-month old lockout at Apollo Tyres's unit at nearby Kalamassery has been lifted and the factory will start functioning from Friday.
Apollo tyres lines up Rs 1,160 cr investment to set up manufacturing unit in Hungary to produce passenger car radials.
Seeking quashing of the FIR, they told that the ACMM had issued summons against them, which is fixed for Friday. To this, Justice Khetrapal asked the ACMM to fix a new date.
Telecom services provider Aircel announced its partnership with Apollo Hospitals to provide interactive healthcare services on mobile phones to users across the country.
Finally, some good news for the Indian startup ecosystem. After four consecutive half-year periods of declining funding since 2022, the first half (H1) of 2024 has shown an upward trend compared to the second half (H2) of 2023. According to the India Tech Semi-Annual Funding Report H1 2024 by Tracxn, Indian technology (tech) startups raised $4.1 billion in H1 2024, marking a 4 per cent increase from $3.96 billion in H2 2023.
The listing would help the company expand.
Umesh Sharma (40) was the head of emergency medicine department of the premier hospital in south Delhi.
The group has a succession plan in place and all of Reddy's four daughters have well-defined roles.
Former heavyweight champion Mike Tyson is preparing for his first professional fight since 2005 against YouTuber-turned-boxer Jake Paul,
Apollo Tyres on Monday decided to offer 14.9 per cent stake to Michelin for Rs 129 crore (Rs 1.29 billion) and to set up a joint venture, which would be 51 per cent owned by the French firm, while the former would have 49 per cent holding.
Apollo had made efforts to acquire Cooper Tire at the end of 2012.
The Hinduja group is learnt to be looking at alternative means of financing, including private credit, to fund its Rs 9,661 crore all-cash offer to acquire Reliance Capital. The regulator, Insurance Regulatory & Development Authority of India (Irdai), had earlier rejected the collateral offered by the group to raise funds. The Hinduja group was in talks with Barclays, JPMorgan, Cerberus Capital Management and Apollo Global Management to raise up to $850 million.
The Apollo group is planning to build a hospital in Africa in the next two years.
Apollo overtakes MRF to be the largest tyre maker.
Information and Broadcasting Minister Priyaranjan Dasmunsi, who is admitted in the All India Institute of Medical Sciences for the past eight days following a severe heart attack, was on Monday in a stable condition but still unconscious with no sign of a remarkable improvement.
The hospital said it had to act when faced with situations where a split second decision could make the difference between life and death.
The move comes after Neeraj Kanwar's reappointment as managing director was rejected by minority shareholders owing to his salary, which increased in spite of a fall in the company's profitability.
"An Aligarh court issued non-bailable warrant against Ratan Jalan, on charges of criminal breach of trust and cheating, following which a police team from Aligarh came to the city on Monday and arrested him," Banjara Hills Assistant Commissioner of Police V Ramakrishnaiah told PTI on Tuesday. Jalan is a resident of Srinagar Colony in Hyderabad.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
Amid speculation that cardiologist Naresh Trehan may join Apollo Hospitals, Fortis Healthcare on Wednesday said the surgeon has quit its Escorts Heart Institute and Research Centre.
The integrated hospital and wellness centre would have four major service verticals -- medical cluster, wellness cluster, long-term care and education-R&D zone.
On June 19 evening, Upasana was admitted to the Apollo Hospital in Jubilee Hills, Hyderabad.
Apollo Tyres' $100 million project in joint venture with Michelin would begin production from early 2006, its chairman and managing director Onkar S Kanwar on Tuesday said.