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.
Leading political rallies or taking charge in boardrooms, the next-gen woman is taking it all in her stride.
'I urge Indians not to look down on us, but look up and say, "Yes, we can",'says Dr Prathap C Reddy, founder of the Apollo Hospitals, in our series where well-known Indians speak about the India they love.
Apollo Group of Hospitals, the largest private healthcare provider in Asia with a bed strength of over 8000, would commission three new hospitals in the country within four weeks.
The group has a succession plan in place and all of Reddy's four daughters have well-defined roles.
Guest speakers Dr Prathap C Reddy, Apollo Hospitals chairman, and Balvinder Singh Kalsi, DuPont India CEO, both felt that Indian villagers were ready and willing to adapt and experiment with technology if this route was chosen to provide them with access to healthcare.
Healthcare chain Apollo Hospital Enterprises has said it is in advance talks with two US firms for a possible takeover as part of its plans to expand in medical business process outsourcing.
The Apollo Hospitals launched the country's first two-wheeler ambulances called Apollo First in Chennai, Delhi, Kolkata and Hyderabad on Saturday.
The group would be opening at least one hospital every three months for the next one year.
Shobhana Kamineni, vice chairperson of Apollo Hospitals, and a former president of the Confederation of Indian Industry, is unhappy after discovering her name deleted from the voters' list in Telangana.
About 250 income-tax sleuths conducted searches at 20 hospitals in Chennai alone
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.
In hospital for the past two months, Jayalalithaa started speaking last Friday, much to the relief of her supporters. Apollo Hospitals Chairman Dr Prathap C Reddy confirming the news had said that the Tamil Nadu chief minister was speaking using a valve attached to a tracheostomy tube.
The Telugu superstar underwent a sinus surgery in Mumbai.
As per a white paper, 'Aarogya Bharat 2025', India Healthcare Roadmap for next 10 years launched at NATHEALTH event on Tuesday said the country is healthier now than ever before, but its 'continued economic progress is threatened by the country's under-served and under-consumed healthcare system'.
Lawyers are working on the documents related to forming a trust and other legal formalities
Tamil Nadu Chief Minister Jayalalithaa is doing well and speaks using a valve attached to the tracheostomy tube as she continues to get treatment, Apollo Hospitals Chairman Dr Prathap C Reddy said on Friday.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
Even though the Health Ministry and Indian Council of Medical Research (ICMR) have been insisting that there is 'no solid evidence' of community transmission so far, the government has started scaling up health infrastructure to deal with any situation.
Dr Rekha Shetty, who consults several corporations on long-term innovation initiatives, draws up a list.
With the Apollo Hospitals chairman saying that she has recovered, the party can go back to business as usual.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
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