Business Standard

Q&A: Michael Flemming, MD, Life Healthcare

Michael Flemming
Related News

In an email response, Managing Director Michael Flemming tells Joe C Mathew on what the deal means to his company. Edited experts:

Is Life Healthcare's investment in the first such investment in India?
Yes, this is our first investment in India.

Are you doing it on your own, or is it part of the Life Healthcare-International Finance Corporation (IFC) partnership announced last year to encourage investments in countries including India?
This is a Life Healthcare investment. We work closely with the IFC, who also have an investment in Life Healthcare and we are aligned in our strategies as regards investing in selected emerging countries.

What is the value you intend to bring in to Max India? What is the synergistic advantage of this deal from Life Healthcare’s point of view?
Life Healthcare will work closely with Max Healthcare to transplant its expertise and cutting-edge practices in the areas such as nursing and training, information technology and information, and standardisation of cross facility systems. This deal will provide Life Healthcare with an ideal platform to participate in the high-growth Indian private healthcare space.

Read more on:   
|
|
|
|

Read More

We can easily compete with banks in retail space: Dinanath Dubhashi

L&T Finance, which acquired two lending companies in the current financial year, plans to become a comprehensive financial services company. CEO ...

Quick Links

More news from Finance Rss icon

Will life insurers be able to create magic in January-March peak season?

The new business premium of life insurance companies usually sees the highest growth in the March quarter

Life insurers to move Irda against Section 45 on claims

Say they want some safeguard against fake claims

Corporation Bank to raise Rs 500 cr from Tier 1 bonds

The fund would be raised from unsecured subordinated Additional Tier I Basel III compliant non-convertible taxable bonds

Back to Top