With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India's second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds. Therefore, any international or domestic hospital chain that buys Fortis will simply catapult to the numero uno position.
Ministerial consultations on, with recognition of the potential, and the need to not classify it under the same rules as for pharmaceuticals.
States to give choices, Centre to decide by year-end.
MRF test drives a new, more luxurious, brand.
Yes. Whilst public expenditure is kicking in, the key reason is the decline in private investment
Diwesh Sharan, a deputy director general of ADB, says beside the PPP model and viability gap funding, there is a 3rd option - value capture - to raise funds for India's ambitious infrastructure projects.
It is a national economic problem and one that requires a political solution hand in hand with a clear government commitment to stand behind core national assets, says Vinayak Chatterjee.
Given the gestation period for regulatory clearances it is not possible to share any definite timelines.
Lukewarm response from private investors and turf battles between government agencies have resulted in delaying Modi's ambitions. Sahil Makkar reports.
FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
And the reason has everything to do with box office collections, says Vanita Kohli-Khandekar.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
In the domestic market, the Tata Group has lost ground in the passenger car business.
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Some experts believe that building new cities may not be the answer to India's swelling urban population.
Patients from any part of the country will soon need to travel no more than three hours for treatment of the kind available in large metros.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
Operators developing greenfield airports (built from scratch on undeveloped land) are likely to face increased competition, with the Ministry of Civil Aviation considering tweaking the norms to allow such airports to be developed within 150-km radii of existing ones.
Each city would get Rs 100 crore (Rs 1 billion) every year.
Experts are upbeat about developing smart cities in India.
The government is looking at building by-laws and floor area ratio so that you can build up instead of out, thus requiring less land.
Private sector firms need to be re-engaged for better infra planning.
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'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
'The overall stress on asset quality is indeed coming down.'