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Hamstrung by red tape, hospital operators buy their way into India

Last Updated: Thursday, September 10, 2015, 08:58

Expanding through acquisitions has increasingly become the tactic of choice for hospital operators seeking to speedily expand in India, where the demand for private healthcare is booming thanks to an overburdened public healthcare system.

UK-based C&C Alpha Group to invest about Rs 1,500 crore in India

Last Updated: Friday, August 21, 2015, 21:50

London-based C&C Alpha Group (CCAG), a leading international private equity firm, Friday said it is looking at investing about Rs 1,500 crore in healthcare and hospitality sectors over the next three to five years in India.

Apollo Hospitals Q1 Net up 10% at Rs 90.84 crore

Last Updated: Tuesday, August 11, 2015, 16:08

Apollo Hospitals Enterprise today reported 9.78 percent rise in standalone net profit at Rs 90.84 crore for the first quarter ended June 30, 2015.

Apollo Hospitals to acquire 51% stake in Assam Hospitals

Last Updated: Tuesday, June 2, 2015, 17:42

The acquisition of Assam Hospitals Ltd, that runs a hospital in Guwahati, would be for an overall consideration not exceeding Rs 57.25 crore, Apollo Hospitals said.

Apollo Hospitals Q4 net profit dips 5% to Rs 77 crore

Last Updated: Thursday, May 28, 2015, 17:58

Healthcare major Apollo Hospitals Enterprise Thursday reported a 4.92 percent dip in standalone net profit at Rs 77.33 crore for the March quarter on account of higher taxes.

Apollo Hospitals to come out with rights issue

Last Updated: Thursday, May 28, 2015, 17:35

The company board has recommended a dividend of Rs.5.75 per share for 2014-15.

Rolls Royces, movies: private India hospitals go luxe for growth

Last Updated: Thursday, May 28, 2015, 10:33

"The fact that you actually come for surgery or medical treatment would be an incidental part of the experience," ABV Group Chief Executive Advet Bhambhani told Reuters.

HDFC Bank launches prepaid medical card with Apollo Hospitals

Last Updated: Monday, May 18, 2015, 18:05

The second largest private lender HDFC Bank Monday launched co-branded medical benefits card with Apollo Hospitals, which allows corporates to disburse medical allowances to their employees and has insurance cover for accidents.

Apex Medical Corp forays into India; to invest Rs 100 crore

Last Updated: Wednesday, May 6, 2015, 16:57

Taiwan-based Apex Medical Corporation Wednesday announced its foray into India with plans to invest around Rs 100 crore initially.

Apollo Hospitals to add 1,000 beds per year in next 5 years

Last Updated: Thursday, April 30, 2015, 18:18

Healthcare major Apollo Hospitals is planning to add 1,000 beds per year in the next five years across the country and overseas as part of its expansion plans.

US firm plans stake sale in CARE Hospitals for up to $300 mn

Last Updated: Wednesday, April 29, 2015, 10:45

The talks are also being held with Malaysia`s IHH Healthcare Bhd , India`s Manipal Hospitals and Fortis Healthcare , the sources added, declining to be identified because the information has not been made public. 

Apollo Hospitals receives Golden Peacock Award in Dubai

Last Updated: Wednesday, April 22, 2015, 14:17

Healthcare major Apollo Hospitals Enterprise which views the Middle East as an important part of its global strategy, has been bestowed with the 'Golden Peacock' Award here for their business excellence in healthcare.