After completion of its mandatory tender offer in Fortis Healthcare and Fortis Malar Hospitals, Malaysian health care giant IHH Healthcare is aiming to add 2,000 beds in a bid to double down on value creation in India. IHH, which is Asia's largest multinational private healthcare provider, currently has over 5,000 beds across a combined network of 35 hospitals and 11 states.
Buoyant domestic sales are expected to lift revenues for pharma companies by 8-11 per cent in Q3FY26, even as declining generic Revlimid (cancer drug) sales in the US remain a key drag. Most brokerages forecast a modest 2-4 per cent growth in profit after tax (PAT) for the quarter. Hospitals and diagnostics companies, meanwhile, are likely to post much stronger numbers, with revenues seen growing 20-22 per cent year-on-year (Y-o-Y).
Both civil and criminal action was being initiated against the hospital which was severely indicted of lapses by a probe panel in its report pertaining to the death of the seven-year-old girl, an official spokesperson said.
A suspect in the murder of a 30-year-old kabaddi player in Mohali was shot dead by police in an encounter. The suspect, Harpinder alias Middu, was involved in multiple crimes and had a serious criminal background.
A kabaddi player was shot dead at a tournament in Mohali, Punjab, leading to criticism of the state government's law and order situation.
Harpinder alias Middu, a resident of Naushehra Pannuan in Punjab's Tarn Taran district, was injured in an exchange of fire in Lalru and later succumbed to injuries in hospital, the police said.
Earlier on Wednesday, a committee formed by the Haryana government found criminal negligence on the part of the hospital, causing the death of the seven-year-old girl, who was suffering from dengue.
While Q2FY26 is expected to be mildly disappointing for the hospital sector, there's a lot of investor optimism for the future. This comes after a favourable revision in rates for Central Government Health Scheme (CGHS) procedures, as well as expectations of rising occupancy and growth in average revenue per operating bed (ARPOB).
Punjabi singer Rajvir Jawanda, who sustained serious injuries in a road accident last month, has succumbed to his injuries.
Aseem Chhabra lists his top 10 films from this year's Sundance festival, a blend of narratives and documentaries made in the US and other parts of the world.
The Lancet study revealed that the HbA1c test is erroneous in populations with anemia and other hemoglobin-related deficiencies in India.
A man accused of setting his wife ablaze over dowry demands was shot in the leg by police while attempting to escape custody in Greater Noida.
Nearly 70% of autoimmune disease patients in India are women. Doctors have observed that autoimmune diseases are far more common among women, especially between the ages of 20 and 50, when hormonal and lifestyle factors are most active.
A woman in Greater Noida was allegedly assaulted, set ablaze by her in-laws over dowry demands. Her husband has been arrested, and police are searching for other suspects.
'India gave me its heart first. So India will always have mine.'
rediffGURU Nayagam PP advises young aspirants how to pick the right course and career.
'These children possess catastrophically low birth weights -- often 1.4 kgs or less. Such extremely low birth weight results in profoundly compromised neo-natal immunity.' 'The escalation to 97 deaths in three months precipitated contemporary attention precisely because this magnitude concentrates the humanitarian emergency, rendering it impossible for the administrative machinery to ignore.'
'He knows people in a small town like Karur would give anything for a glimpse of the superstar.'
Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.
AIIMS-Delhi reports a rise in eye injuries caused by carbide guns during Diwali, prompting calls for a ban on these dangerous chemical firecrackers. Doctors report severe chemical burn-like injuries and highlight the need for stricter regulations and awareness.
'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.'
The Fortis group, meanwhile, said that all documents, statements and details required by the probe team of the Haryana government were provided.
Fortis Healthcare on Thursday said it has inked a pact with the VPS Group to acquire Manesar-based Medeor Hospital for Rs 225 crore. The healthcare major said it has signed definitive agreements to acquire Medeor Hospital for an overall purchase consideration of Rs 225 crore. The hospital has a potential capacity of 350 beds and can be operationalised in a phased manner in around nine months, it added.
India captain Shubman Gill threw his weight behind Gautam Gambhir following the latter's fiery exchange with The Oval's chief curator Lee Fortis, firmly asserting that the India coach was well within his rights to inspect the square.
The health minister said he is personally monitoring the health of Lakra.
Vishal Bali, the CEO of Fortis Hospitals, has relinquished his post to take charge as head of Fortis Global Healthcare (FGL) in Singapore, Bhavdeep Singh, the CEO of listed entity Fortis Healthcare Ltd, is resigning from his post on personal reasons. A company spokesperson said the developments were not related.
Delhi-headquartered Fortis Healthcare is open to acquisition of hospitals with over 250-300 bed sizes as part of its strategy to grow at a faster clip. It may also opt for a neutral brand name soon. Neutral brand is a new brand, which is not owned by any of the stakeholders.
Security agencies searched over 100 hospitals and malls in the national capital after they received bomb threat emails on Tuesday. However, it turned out to be a hoax as nothing suspicious was found, officials said.
'Our priority remains brownfield expansion, and in the next few years, we plan to increase our capacity to around 6,000 beds.'
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.
So the next time you're tempted to 'power through' on four hours of sleep or binge-watch one more episode, remember: Quality sleep is self-care -- and it's science-backed.
Legendary Indian sprinter Milkha Singh and his wife Nirmal Kaur are 'stable and improving', the hospital in Mohali, where the couple is currently undergoing treatment after testing positive for COVID-19, said on Thursday.
Unperturbed by the concerns raised by the investment community, the Singh brothers, promoters of the Fortis hospital chain, recently completed the integration of their domestic and international health care businesses.
Bhavdeep Singh, the CEO of Fortis Healthcare said that they haven't been able to focus on the business due to an internal issue, especially with regard to the promoters
'Many of these patients arrive at emergency departments in distress, struggling to breathe and requiring immediate medical intervention.'
These centres will undertake stem cell clinical research procedures relating to diabetes, cancer, cardiovascular disease, and neurological ischemia.
Ashok Mehlan's daughter Sheetal is among the first batch of girls to graduate from NDA.
Ranbaxy Group company Fortis Healthcare Ltd on Monday said it plans to have 25 hospitals across the country in the next three years and is looking into the possibility of tapping the capital markets for expansion.
Monsoon hit the state on June 20 and has since then cost it Rs 5,000 crore in damages.
Enhertu currently costs around Rs 1.6 lakh per 100-milligram injection.
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