| Apollo Hospitals Related news |
Apollo Hospitals shares fall 4.8% after series of block deals
Posted on 3rd March 2017 |
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Mumbai: Shares of Apollo Hospitals Enterprises Ltd fell sharply on Friday after the company witnessed a series of block deals in which around 6.58 million shares or 4.7% stake of the company changed hands. However, details of the buyers and sellers were not known, according to a Bloomberg report. |
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Apollo Hospitals plans to add value to existing clinics
Posted on 8th February 2017 |
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To add value to its existing clinics, health care giant Apollo Hospitals is planning to ramp up facilities in a year. It will draw up a list of retail health care outlets primarily in the Tier-II and -III cities. Speaking to Business Standard, Sangita Reddy, joint managing director, said, “We plan to add MRI facility in Karimnagar retail outlet, among other centres.” Other centres in Karaikudi, Nellore and Bhubaneswar are also up for value addition. “The company plans to add radiotherapy in its Vizag and Bhubaneswar units,” Chief Financial Officer Krishnan Akhileshwaran told Business Standard. |
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Over Rs 5 cr spent on Jaya's treatment after she was rushed to Apollo
Posted on 7th February 2017 |
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Over Rs 5 crore was spent on Jayalalithaa's treatment after she was rushed to the Apollo Hospital here on the night of September 22, where she subsequently died after 75 days. P Balaji of Madras Medical College, who attended on the late chief minister, told reporters that around Rs 5 crore to Rs 5.5 crore was the hospital bill for the treatment provided to her. |
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Your Uber rides to get safer: Apollo hospitals to train driver-partners, provide first-aid kits
Posted on 10th January 2016 |
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Taxi-aggregator Uber on Tuesday announced a partnership with Apollo Hospitals to engage in a road-safety training programme for driver-partners in 29 cities across the country. In a press release, the company stated that the hospital will equip Uber's 8000 drivers who have received a 'five-star' by customers, with first aid medical kits. It also stated that as a part of this partnership, the company has created a series of training videos on handling road accidents which will be provided in English and one regional language. |
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Apollo Hospital unit sells 29% stake to World Bank arm, raises Rs 450 cr
Posted on 2nd December 2016 |
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Apollo Health and Lifestyle (AHLL) a wholly-owned subsidiary of Apollo Hospitals Enterprise, focusing on retail healthcare segment, has raised R450 crore by selling 29% equity stake to World Bank arm International Finance Corporation (IFC) and IFC Asset Management Company. This investment will fuel AHLL’s expansion plans and fulfill its vision of bringing healthcare of international standards within the reach of 20 million patients each year by 2020. Apollo Hospitals has invested R500 crore in AHLL and the fresh infusion of R450 crore from IFC would take care of its growth plans for the next 24 months. |
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Apollo Hospitals subsidiary sells 29% to World Bank's arm IFC
Posted on 1st December 2016 |
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NEW DELHI: Apollo HospitalsBSE 1.77 % today said its clinics subsidiary Apollo Health and Lifestyle has raised Rs 450 crore by selling 29 per cent equity stake to World Bank's arm IFC, to fund its growth plans. Apollo Health and Lifestyle Ltd (AHLL) has received "investments of Rs 450 crore from International Finance Corporation (IFC) and IFC Asset Management Company. The investment will fuel AHLL's expansion plans", Apollo Hospitals Enterprise said in a BSE filing. |
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Apollo Hospitals Q2 net up 3 per cent at Rs 92 crore
Posted on 11th November 2016 |
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Healthcare major Apollo Hospitals on Friday reported a 2.72 per cent rise in standalone net profit to Rs 91.99 crore for the quarter ended September 30, mainly on account of robust sales. The company had posted a net profit of Rs 89.55 crore for the corresponding period of the previous financial year, Apollo Hospitals Enterprise said in a filing to BSE. |
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Apollo Hospitals Q1 profit falls 17.5% to Rs 72 crore
Posted on 1st September 2016 |
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Healthcare major Apollo Hospitals Enterprise on Thursday reported a 17.52 per cent decline in standalone net profit to Rs 72.17 crore for the first quarter ended June 30. The company had posted a net profit of Rs 87.51 crore during April-June quarter of the previous fiscal, Apollo Hospitals said in a BSE filing. |
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Apollo Hospitals still considering rights issue, says CFO
Posted on 12th August 2016 |
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Apollo Hospitals Enterprise Ltd (AHEL) has said that the company has not cancelled its plans for rights issue to raise around Rs 750 crore, which it announced in May 2015, and is pending for government approval. The company, which is experiencing pressure on profit after tax due to higher investment, would see the profitability margins improving in two to three years, said senior management of the company. |
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Airtel, Apollo Hospitals partner for healthcare services in Africa
Posted on 12th July 2016 |
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Bharti Airtel, which offers services in 16 African countries, and Apollo Hospitals have signed a Memorandum of Understanding (MoU) to enhance healthcare cooperation across Africa. The service will enable Airtel Africa customers access personalised advice in real time, thereby bringing world-class healthcare services at their fingertips. |
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