Page 15 - Apollo Hospitals

Apollo Hospitals shares dip after IHH sells 6% stake

Share price of Apollo Hospitals declined by over 5 per cent on Friday after a report said that Malaysia-based sovereign fund Khazanah's arm Integrated Healthcare Holdings (Mauritius) (IHH) sold six per cent stake in the company. IHH already have invested into hospital sector in India other than the stake in Apollo Hospitals.The stock price has come down almost 5.31 per cent to Rs 1246 on Friday till 4 pm, as the news about a block deal to sell 6 per cent of its shareholding in Apollo Hospitals for $160 million.IHH held around 10.85 per cent equity share in Apollo Hospitals Enterprise Ltd (AHEL), till the end of December 2016. A potential exit from AHEL may help IHH to infuse more money into its own hospital business in India. It has acquired around 73.4 per cent stake in Global Hospitals in August 2015, for $195 million. "They (IHH) are looking at India at a much bigger play now, and with a Rs 1,800 crore valuation at present, selling the 11 per cent share in AHEL could help them to ..

With Navi Mumbai facility, Apollo Hospitals aims at international patients

The company expects its international patients business to grow by 20% every year

Apollo Hospitals plans to add value to existing clinics

Apollo Hospitals plans to add 300 pharmacies in the next one year

We are open to investing in health care start-ups: Sangita Reddy

Apollo Health and Lifestyle raised Rs 450 crore by diluting a 29 per cent stake to IFC this week

Apollo Hospitals in expansion mode; to invest Rs 1,400-crore

The company is all set to come up with the modern Proton therapy at its Chennai facility for the treatment of cancer patients

Apollo Hospitals Q2 net profit up 3% at Rs 92 crore

Navi Mumbai hospital to be commissioned on November 14

Apollo Hospitals Q2 net up 3 per cent at Rs 92 crore

Apollo Hospitals Enterprise was trading at Rs 1,270.50 per scrip in the afternoon trade on BSE

Apollo Hospitals awaiting triggers

Meaningful recovery in margins, benefits from biz restructuring will take some time to show

Apollo Hospitals restructuring panel recommendations in a year: Suneeta Reddy

The company expects restructuring would help it to be future ready and improve flexibility

Apollo Hospitals Q1 profit falls 17.5% to Rs 72 crore

Shares of the company ended at Rs 1,357.70, up 0.66 per cent on BSE

Haven't given up on rights issue, says Apollo CFO

The proposal to raise around Rs 750 cr, announced in May 2015, awaits FIPB approval

Apollo Hospitals to invest Rs 1,200 crore in oncology unit

ACI is focused on three pronged strategy of prevention, early detection and treatment, Preetha Reddy, Executive Vice-Chairperson, Apollo Hospitals Group said

Apollo converts cancer facilities into independent functional entity

Apollo Cancer Institutes in Chennai, Hyderabad, New Delhi, Kolkata, Ahmedabad, Bilaspur, Bengaluru and Madurai are part of this new initiative

Apollo Hospitals signs MoU with Stanford University

Tie-up formed for studying causes related to cardiovascular risk among diabetics and pre-diabetics in South Asia

Apollo Hospitals: Margin pressure overhang

Expansion-led strategy is positive; profit gains will be capped as new hospitals take time to break even

Apollo Hospitals to establish healthcare facility in China

Signs MoU with Hainan smart city developer

Apollo Hospitals building processes to eliminate malpractice: Preetha Reddy

More external experts added to group's authorisation committee, after its alleged connection with the organ sale racket

Apollo expects biz from foreign patients to double

The company at present gets 10-15% of its revenue from them

Apollo kidney racket: Delhi hospitals, nursing homes issued advisory

Hospitals and nursing homes in Delhi have been asked to follow the Transplantation of Human Organs and Tissues Act

No role in kidney racket, says Apollo Hospitals

Apollo Hospitals distanced itself from the alleged kidney sale racket the Delhi police reportedly busted