Gleneagles Development News Today

The biggest deal in the period was Nirma’s acquisition of Glenmark Lifesciences for $689 million

Malaysias IHH Healthcare Bhd on Friday said it will acquire the remaining stake in hospital chain operator Ravindranath GE Medical Associates (RGE), held by Ravindranath Kancherla and his affiliates, for around Rs 740 crore. IHH Healthcare has inked the agreement to acquire the stake in RGE through its wholly-owned subsidiary Gleneagles Development.

17 | August | The pharmacy business of Apollo Hospitals registered a revenue of Rs 1,829.3 crore.Shares of Apollo Hospitals Enterprise, the country's largest private hospital chain operator, rose 6.74 per cent to hit a record high of Rs 4,333.90 after the company reported its June quarter earnings. Apollo Hospitals reported a net profit of Rs 501 crore as …

Apollo Hospital reported consolidated net profit of Rs 501 crore against loss of Rs 225 crore during the same period last year.

Anuradha Agnihotri, Trilegal A dispute resolution expert, Agnihotri has been a part of the legal sector for 14 years. She has extensive experience in international commercial and domestic arbitrations and litigation across courts and tribunals in India. She regularly handles matters involving shareholder disputes, investment disputes, construction projects and a variety of cutting-edge commercial issues. Agnihotri has also been working on technology disputes as well as with the TMT team, partic...

Shares of Apollo Hospitals Enterprises jumped 4 per cent in intra-day trade on Monday to hit a new high of Rs 2,688, in an otherwise subdued market, after the company said it has raised Rs 1,170 crore via qualified institutional placement (QIP) issue. The stock surpassed its previous high of Rs 2,683 touched on January 21. In the past three months, the stock has outperformed the market by surging 30 per cent as compared to a 20 per cent rise in the S&P BSE Sensex. At 01:32 pm, the benchmark i...

India: Apollo Hospitals launches $136m QIP; scouts for acquisitions Photo: Pixabay Premium Eyeing inorganic growth, debt reduction and investment in building digital capabilities, India’s largest private hospital chain Apollo Hospitals Enterprise Ltd on Monday launched a so-called qualified institutional placement (QIP) offering, to raise as much as Rs1,000 crore by selling shares to institutional investors. Continue reading this story with a subscription t...