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The National Company Law Tribunal (NCLT) has approved the merger scheme between Hinduja Group's Hinduja Realty Ventures Ltd and Hinduja Healthcare Ltd, marking a significant step in the group's corporate restructuring plans. Under the scheme, Hinduja Healthcare will merge into Hinduja Realty Ventures to consolidate operations and enhance efficiency.
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MINNEAPOLIS--(BUSINESS WIRE)--Mar 12, 2024--
Fresenius, a German health care company, on Wednesday reported a net loss for the fourth quarter, but revenue remained almost unchanged from previous year. For the quarter, Fresenius recorded a net loss of €614 million ($663 million), compared with a profit of €255 million for the same period last year. This was mainly due to results from the valuation effect of the Fresenius Medical Care (FMC) unit to the tune of €521 million. Bad Homburg-based Fresenius ceded control of the crisis-ridden dialy