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Share Market News Live: Sensex drops 450 points, Nifty below 14,300; Nestle, Dr Reddy, Maruti top losers


Share Market Highlights: Sensex ends 470 points lower, Nifty at 14,281; HUL, TCS, ONGC, Nestle top losers
January 18,2021 15:46 IST
Sensex, Nifty LIVE Updates on January 18: Market indices reversed trend and fell on Monday, amid heavy selling pressure in metal and realty stocks, tracking cues from weak global equities. Extending fall for the second straight session, Sensex was trading 315 points lower at 48,700 and Nifty fell by 120 points to 14,312. SBI, HDFC Bank, ICICI Bank, RIL were trading as the only gainers in Sensex pack. On the flip side, Nestle, Dr Reddy, Maruti, HCL Tech, Asian Paints, ITC, Nestle, HUL were among the top losers today. Meanwhile, December quarterly earnings announcements by L&T Finance, Alok Industries, Mindtree, IndiaMart, Trident, Rallis India, IRB Infra, Indiabulls Real Estate, Snowman Logistics will also set the tone for the stock market today. Last Friday, Sensex ended 549 points lower at 49,034 and Nifty fell 161 points to 14,433. ....

United States , Manish Bhatnagar , Gaurav Garg , European Central Bank , Investment Strategist At Geojit Financial Services , Research At Capitalvia Global Investment Advisor , Dr Ganesan Hitech Diagnostic Centre Pvt Ltd , Indian Railway Finance Corporation , Indian Railways , Hitech Diagnostic Centre , Tata Steel , Managing Director , Capitalvia Global Research , Metropolis Healthcare , Hitech Diagnostic Centre Pvt Ltd , Azim Premji Affiliated , Chief Investment Strategist , Geojit Financial , Jindal Steel , Hind Copper , Asian Markets , Economic Growth , Corona Virus , Hang Seng , Sensex Gainers , Analysts Call ,

Metropolis Healthcare to acquire Hitech Diagnostic Centre in a cash, stock deal


Metropolis Healthcare to acquire Hitech Diagnostic Centre in a cash, stock deal
Metropolis Healthcare has approved the acquisition partly by way of cash consideration of Rs 511 crore and partly by issuance of up to 4,95,000 equity shares of a face value of Rs 2 each on a preferential basis, to the promoter group of Hitech
PTI | January 18, 2021 | Updated 00:04 IST
Diagnostic chain Metropolis Healthcare on Sunday said it will acquire Dr Ganesan s Hitech Diagnostic Centre Pvt Ltd in a cash and stock combination deal, to strengthen its leadership position in southern India.
The company s board has approved the acquisition partly by way of cash consideration of Rs 511 crore and partly by issuance of up to 4,95,000 equity shares of a face value of Rs 2 each on a preferential basis, to the promoter group of Hitech, Metropolis Healthcare said in a regulatory filing. ....

Tamil Nadu , Sameera Shah , Dr Ganesan Hitech Diagnostic Centre Pvt Ltd , Hitech Diagnostic Centre , Metropolis Healthcare , Hitech Diagnostic Centre Pvt Ltd , Healthcare Managing Director Ameera Shah , South India , Hi Tech , Healthcare Managing Director , Sp Ganesan , தமிழ் நாடு , அமீரா ஷா , டாக்டர் கணேசன் ஹைடெக் கண்டறியும் மையம் பிரைவேட் லிமிடெட் , ஹைடெக் கண்டறியும் மையம் , பெருநகர சுகாதாரம் , ஹைடெக் கண்டறியும் மையம் பிரைவேட் லிமிடெட் , சுகாதாரம் நிர்வகித்தல் இயக்குனர் அமீரா ஷா , தெற்கு இந்தியா , வணக்கம் தொழில்நுட்பம் , சுகாதாரம் நிர்வகித்தல் இயக்குனர் , ஸ்ப் கணேசன் ,

hitech: Metropolis Healthcare to acquire Hitech Diagnostic Centre in a cash, stock deal


Synopsis
S P Ganesan, its promoter and founder, will be part of the leadership team for the next few years to enable a smooth transition and integration with Metropolis, the filing said.
Agencies
New Delhi: Diagnostic chain
Metropolis Healthcare on Sunday said it will acquire Dr Ganesan s Hitech Diagnostic Centre Pvt Ltd in a cash and stock combination deal, to strengthen its leadership position in southern India.
The company s board has approved the acquisition partly by way of cash consideration of Rs 511 crore and partly by issuance of up to 4,95,000 equity shares of a face value of Rs 2 each on a preferential basis, to the promoter group of Hitech, Metropolis Healthcare said in a regulatory filing. ....

New Delhi , Tamil Nadu , Sameera Shah , Dr Ganesan Hitech Diagnostic Centre Pvt Ltd , Hitech Diagnostic Centre , Metropolis Healthcare , Hitech Diagnostic Centre Pvt Ltd , Healthcare Managing Director Ameera Shah , South India , Hi Tech , Hitech Diagnostic , புதியது டெல்ஹி , தமிழ் நாடு , அமீரா ஷா , டாக்டர் கணேசன் ஹைடெக் கண்டறியும் மையம் பிரைவேட் லிமிடெட் , ஹைடெக் கண்டறியும் மையம் , பெருநகர சுகாதாரம் , ஹைடெக் கண்டறியும் மையம் பிரைவேட் லிமிடெட் , சுகாதாரம் நிர்வகித்தல் இயக்குனர் அமீரா ஷா , தெற்கு இந்தியா , வணக்கம் தொழில்நுட்பம் , ஹைடெக் கண்டறியும் ,

Metropolis Healthcare to buy Hitech Diagnostic Centre in a cash, stock deal


Diagnostic chain Metropolis Healthcare on Sunday said it will acquire Dr Ganesan s Hitech Diagnostic Centre Pvt Ltd in a cash and stock combination deal, to strengthen its leadership position in southern India.
The company s board has approved the acquisition partly by way of cash consideration of Rs 511 crore and partly by issuance of up to 4,95,000 equity shares of a face value of Rs 2 each on a preferential basis, to the promoter group of Hitech, MetropolisHealthcare said in a regulatory filing.
The cash consideration will be funded through internal accruals and debt of up to Rs 300 crore, it added.
S P Ganesan, its promoter and founder, will be part of the leadership team for the next few years toenable a smooth transition and integration with Metropolis, the filing said. ....

Tamil Nadu , Sameera Shah , Dr Ganesan Hitech Diagnostic Centre Pvt Ltd , Hitech Diagnostic Centre , Metropolis Healthcare , Hitech Diagnostic Centre Pvt Ltd , Healthcare Managing Director Ameera Shah , South India , தமிழ் நாடு , அமீரா ஷா , டாக்டர் கணேசன் ஹைடெக் கண்டறியும் மையம் பிரைவேட் லிமிடெட் , ஹைடெக் கண்டறியும் மையம் , பெருநகர சுகாதாரம் , ஹைடெக் கண்டறியும் மையம் பிரைவேட் லிமிடெட் , சுகாதாரம் நிர்வகித்தல் இயக்குனர் அமீரா ஷா , தெற்கு இந்தியா ,