Apollo

Apollo Pharmacy to add 2 stores a day to its network for next 5 years

Apollo Pharmacy has crossed the 7,000-store milestone and now plans to open two new outlets every day for five years, expanding its reach through physical stores and its Apollo 24|7 digital platform

Apollo Pharmacy targets 100 mn customers in 5 yrs, 2 new stores daily: CEO

Apollo Pharmacy plans to open two new stores every day, targeting to grow its customer base to 10 crore within the next five years, its CEO P Jayakumar said on Friday. The omni-channel pharmacy network, which has crossed the 7,000-store mark with the opening of its latest store in Ayodhya, Uttar Pradesh, aims to strengthen the neighbourhood pharmacy reach. "We will continue to expand by opening two new stores every day and grow our customer base to 100 million within the next five years, ensuring that the highest-quality medicines remain within everyone's reach," Jayakumar said in a statement. Apollo HealthCo operates Apollo Pharmacy that serves users across over 19,000 pin codes. Apollo HealthCo Executive Chairperson Shobana Kamineni said at present, Apollo Pharmacy serves over one million orders every day. "The 7,000-store milestone reflects the scale Apollo has built and the trust families place in us. We will continue to deepen access, strengthen India's neighbourhood pharmacy

Volume, higher realisations to drive further gains for hospital stocks

Given bed additions in FY26, investors may focus on ramp-ups of newly launched facilities to gauge demand, competitive intensity, and earnings trends over the next two years

Apollo Hospitals expands genomics network, targets affordable testing

Apollo Hospitals to expand genomics institutes to Tier-2 cities including Guwahati, Bhubaneswar and Indore, aiming to cut test costs and boost access beyond metro regions

Apollo eyes 20-23% growth in new co; says restructuring to unlock value

New entity combining Apollo 24/7, HealthCo, and Keimed aims for Rs 25,000 crore revenue by FY27 with 7% EBITDA margin; IPO planned in 18-21 months

Apollo Green Energy posts ₹44.36 cr profit, recommends 15% dividend

Apollo Green Energy on Thursday posted a net profit of Rs 44.36 crore in the 2024-25 financial year. The company had posted a net profit of Rs 29.57 crore 2023-24. According to a company statement, its revenue stood at Rs 1,171 crore in 2023-24 compared to Rs Rs 726.16 crore in 2024-25. The company recommended a 15 per cent dividend for shareholders for FY25, it said. With over 400 MW of solar capacity under its portfolio across multiple states, the company is targeting an EPC order book of 1 GW by 2026. Apollo Green Energy Chairman & Managing Director Raaja Kanwar said in the statement, "We are focusing on expanding our EPC pipeline and increasing our presence in emerging areas like IPP and energy storage." With a growing order book of over Rs 3,000 crore, it stated that Apollo Green is positioning itself as a reliable player in India's clean energy space.

Apollo in talks to invest $750 million in Adani's Mumbai Airport bonds

The MIAL bond issuance is likely to close in the next few weeks and has drawn interest from several US-based financial institutions led by Apollo

Health meets rewards: Apollo SBI Card Select offers big healthcare perks

Co-branded credit cards from SBI Card and Apollo HealthCo will give benefits in pharmacy purchases, wellness programmes

OMEGA unveils Speedmaster Moonphase Meteorite watch, honouring Apollo 11

Each dial features a unique meteorite pattern, with ribbon-like flecks formed over millions of years

Apollo Green Energy prepares for IPO, eyes Rs 10,000 cr portfolio by 2025

Apollo International's renewable energy arm in the EPC sector looks to build its Rs 3,500 crore portfolio before going public in 2025

Apollo Green to launch IPO in 2025; to build Rs 10K cr project portfolio

Apollo Green Energy Ltd (AGEL), part of Apollo International Group, on Tuesday said it is preparing for a public listing next year to support its expansion plans and secure new projects. Also, the company is set to build a Rs 10,000-crore project portfolio by 2025. "With over 200 professionals and an order book of Rs 3,500 crore, we are focused on delivering projects that meet the nation's energy needs and promote sustainability. Our upcoming IPO in 2025 will further strengthen our financial base, enabling us to scale our operations and invest in cutting-edge renewable technologies," Sanjay Gupta, CEO, Apollo Green Energy Ltd, said. AGEL is a leading Engineering, Procurement, and Construction (EPC) company specializing in renewable energy, providing a range of solutions that includes utility-scale solar, energy storage systems, green hydrogen initiatives, and hybrid power. Operating in eight states, the company manages a diverse portfolio of projects, including 400 MW of solar ...

Airplane-sized asteroid to pass by Earth today, NASA says no risk of impact

Asteroid 2024 OR1 is part of the Apollo asteroids, which have been making their closest approach to Earth recently

Apollo Funds to buy IGT's gaming, digital business, Everi in $6.3 bn deal

The deal, subject to regulatory approvals and approval by Everi stockholders, is expected to be completed by the end of the third quarter of 2025

Ex-astronaut William Anders, who took Earthrise photo, dies in plane crash

Retired Maj. Gen. William Anders, the former Apollo 8 astronaut who took the iconic Earthrise photo showing the planet as a shadowed blue marble from space in 1968, was killed Friday when the plane he was piloting alone plummeted into the waters off the San Juan Islands in Washington state. He was 90. His son, retired Air Force Lt. Col. Greg Anders, confirmed the death to The Associated Press. The family is devastated, Greg Anders said. He was a great pilot and we will miss him terribly. William Anders has said the photo was his most significant contribution to the space program, given the ecological philosophical impact it had, along with making sure the Apollo 8 command module and service module worked. The photograph, the first colour image of Earth from space, is one of the most important photos in modern history for the way it changed how humans viewed the planet. The photo is credited with sparking the global environmental movement for showing how delicate and isolated Earth .

Advent to infuse Rs 2,475 crore into Apollo Hospitals' subsidiary

The merger will happen in a phased manner over the next 24-30 months. The combined entity is expected to deliver Rs 25,000 crore of revenue in three years with 7-8 per cent EBITDA

China launches 3-member Shenzhou-18 crew to its Tiangong space station

The Shenzhou-18 spacecraft, along with its three passengers, launched atop a Long March-2F rocket from the Jiuquan Satellite Launch Centre in northwest China on Thursday

Sadhguru Jaggi Vasudev undergoes emergency brain surgery at Apollo in Delhi

According to the Isha Foundation, Sadguru was examined by Dr Vinit Suri, a senior consultant neurologist at Apollo Hospitals and was advised to undergo an MRI

Madhu Sasidhar appointed as president & CEO of Apollo's hospital division

Prior to joining Apollo, Sasidhar held various roles at Cleveland Clinic, including President of Cleveland Clinic Tradition Hospital

Apollo Hospitals profit rises 60% in Q3; digital biz achieves break-even

The company's revenue from operations was seen up by 14 per cent in FY24 to Rs 4850.6 crore, compared to Rs 4,263.6 crore during the third quarter of 2022-23

Apollo launches oncology facility that uses AI for precise diagnosis

Oncology centre in Bengaluru will give doctors and patients real-time insights and treatment protocol