Apollo Hospitals Enterprise Ltd (AHEL) is planning to spend $394 million over four years for adding 2,900 beds to its hospitals network and equipment purchases for existing hospitals.
Apollo Hospitals Enterprises Limited (AHEL) is planning to raise $60 million from the International Finance Corporation (IFC). The fund raising is aimed to partially fund the hospital chain’s investment plan of $394 million.
Apollo Hospitals Enterprises has surged 8% to Rs 672 on huge volumes after US-based private equity firm Apax Partners has transferred its entire 12.67% equity shares in the company to its group affiliate HSTN Acquisition via market deals worth Rs 1,033
US-based private equity firm Apax Partners has transferred its entire 12.67 per cent equity shares in Apollo Hospitals Enterprise Ltd, worth Rs 1,034 crore from the two funds which held the shares to another affiliate of the company.
The Centre should provide stimulus for the healthcare industry to attract fund, including facilities to borrow money on a long term basis if it is looking to improve the healthcare scenario, said Pratap C Reddy, executive chairman, Apollo Hospitals
The healthcare major Apollo Hospitals is planning to take retail model to expand offerings. The Chennai-based hospital chain said a detail strategy is being worked out.
Apollo Hospitals Enterprise has posted an increase of 42.12 per cent in net profit at Rs 64.65 crore for the quarter ended December as compared to Rs 45.8 crore for the same period of last year.
Apollo Hospitals Enterprise reported a jump of 41% in net profit at Rs 64.65 crore for the quarter ended December 2011 on robust growth across all business verticals.
Apollo Hospitals Enterprise Limited, the country’s largest hospital chain, is planning to raise around Rs 100 crore to fund its operations, according to a senior official of the company.
Apollo Hospitals, the country’s biggest healthcare chain, is planning to set up a hospital in Kerala with an investment of around Rs 150 crore, said chairman Pratap C Reddy.
Healthcare operator Apollo Hospitals Enterprise expects its health insurance joint venture with Germany's Munich Re to collect premiums of Rs 450 crore in the fiscal year ending March against Rs 280 crore last year, a top official said on Wednesday.
Apollo Pharmacy, the retail pharmacy chain under Apollo Hospitals Enterprise Ltd, is looking at growing its private label business by expanding its portfolio with around 35 more health and wellness products soon.
Apollo Pharmacy, the retail pharmacy chain under Apollo Hospitals Enterprise Ltd, is looking to grow its private label business by expanding its product portfolio with 35 more health and wellness products soon.
Chennai-based Apollo Hospitals Group would finalise the framework for its proposed cooperation with Malaysian sovereign wealth fund Khazanah in a few weeks.
Apollo Hospitals is in talks with Parkway Holdings, a Singapore-based hospital operator, on a prospective tie-up to expand in the Indian sub-continent, West Asia and Africa, Apollo Group Chairman Pratap Reddy said here today.
Integrated (Mauritius) Healthcare Holdings, an arm of Malaysian sovereign fund Khazanah Nasional Bhd, has converted global depositary receipts (GDRs) worth Rs 213.80 crore into equity shares in Apollo Hospitals Enterpises Ltd.
Apollo Hospitals Enterprises has surged 10% to Rs 526, recovering more than half of its 14% fall Thursday, after the company clarified on enquiries with regard to the recent allotment of 3.09 million equity shares of Rs 5/- each to Dr. Prathap C.
