VIVACITY MULTI SPECIALITY HOSPITAL
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Telangana CID files cases against 17 hospitals for Chief Minister Relief fund fraud
The Telangana Crime Investigation Department filed cases against 17 private hospitals accused of attempting to defraud the Chief Minister Relief Fund. These hospitals were allegedly involved in creating fake documents to siphon off state funds meant to assist individuals in need. The FIR outlined the fraudulent practices undertaken by hospital administrations and local individuals.
![Nishkala Healthcare acquires Navi Mumbai's Suasth Hospital under IBC process](https://img.etimg.com/thumb/msid-112514226,width-100,height-75,resizemode-4/industry/healthcare/biotech/healthcare/nishkala-healthcare-acquires-navi-mumbais-suasth-hospital-under-ibc-process.jpg)
Nishkala Healthcare acquires Navi Mumbai's Suasth Hospital under IBC process
Nishkala Healthcare acquired Suasth Healthcare Foundation's 400-bed hospital in Navi Mumbai for Rs 189 crore under IBC. Funded through Rs 73 crore in equity and bank loans, the purchase follows the hospital's admission into insolvency. Nishkala aims to enhance the hospital’s value and expand into medical education.
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KIMS shares surge over 4% after company enters agreement for 100% acquisition
Krishna Institute of Medical Sciences saw a 4.4% increase in shares following the acquisition of Chalasani Hospitals.
![Two BSF women constables missing for over a month; 'Suspicious' clues emerge amid search](https://img.etimg.com/thumb/msid-111549600,width-100,height-75,resizemode-4/news/india/two-bsf-women-constables-missing-for-over-a-month-suspicious-clues-emerge-amid-search.jpg)
Two BSF women constables missing for over a month; 'Suspicious' clues emerge amid search
Authorities have alerted BSF units along international borders about their disappearance. The investigation has taken an unexpected turn following the discovery of “suspicious activity” on the constables’ phones. Tracing the phone records revealed that their devices were active in Delhi, Howrah, and Behrampore in West Bengal, near Murshidabad. Investigators are analyzing phone records and CCTV footage from these locations to understand the constables' travel patterns and investigate any potential connections to Shahana’s family in West Bengal.
![Nephro Care shares list at 90% premium on NSE SME platform](https://img.etimg.com/thumb/msid-111503443,width-100,height-75,resizemode-4/markets/stocks/news/nephro-care-shares-list-at-90-premium-on-nse-sme-platform.jpg)
Nephro Care shares list at 90% premium on NSE SME platform
Nephro Care made a strong market debut on NSE SME platform with a 90% premium. The IPO garnered massive investor interest, oversubscribed by over 700 times. The company aims to establish a 100-bed multispeciality hospital in Kolkata using proceeds from the IPO. Nephro Care, led by Dr. Pratim Sengupta, focuses on comprehensive medical services for renal patients.
![Nephro Care India IPO: Deepak Parekh-backed company to raise around Rs 40 crore via public issue on NSE Emerge](https://img.etimg.com/thumb/msid-111135851,width-100,height-75,resizemode-4/markets/ipos/fpos/nephro-care-india-ipo-deepak-parekh-backed-company-to-raise-around-rs-40-crore-via-public-issue-on-nse-emerge.jpg)
Nephro Care India IPO: Deepak Parekh-backed company to raise around Rs 40 crore via public issue on NSE Emerge
Deepak Parekh-backed multi-speciality healthcare provider Nephro Care India Limited (NCIL) is likely to raise around Rs 40 crore through the initial public offering (IPO) to fund its expansion plans.
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Fortis, Apollo, Medanta, and Max lead the charge in bidding war for Jaypee Healthcare
Fortis Healthcare, Apollo Hospitals, Medanta, and Max Healthcare are among companies interested in acquiring Jaypee Healthcare, a subsidiary of Jaypee Infratech in Noida with a total debt of about Rs 1,000 crore.
Health Ministry issues interdepartmental referral guidelines for hospitals
The guidelines stress the need for a multi-disciplinary approach for patients with multiple co-morbidities and highlight the importance of training in high-quality patient care.
JV Ventures forays into healthcare-dedicated infrastructure platform; plans to open 75 centres in next 5 years
JV Ventures diversifies into healthcare infrastructure with The Medical Centre (TMC), investing $600 million for 75 centers. Raja Jain appointed CEO. Vishal Goel and Jasmeet Singh Chhabra express optimism. TMC to offer specialized services in major Indian cities.
Defensive stocks: FMCG is “passe”; 8 stocks from two sectors may be called “new defensives” with upside potential of up to 32%
1994 to 2024 is a difference of 30 years, but there is one thing which has remained constant, advice to move to defensive stocks when markets are volatile or there is an event risk. Four questions need to be asked; first, what is a defensive stock? Second, is a stock which was considered a defensive in 1994 when the Indian economy was just opening, still a defensive stock in 2024 ? Third, should there be a new definition of defensive stock in 2024 ? Last but not the least, what are the new defensive sectors or stocks?
Will short-term headwinds impact long-term potential? 6 stocks from hospital sector with upside potential of up to 30%
After outperforming the market, stocks from the healthcare sector or what is more commonly called hospital sector have gone into consolidation mode. The consolidation has been prompted by the fact that voices have been raised about differential pricing in the services of the hospitals. The matter has reached the Supreme Court and will be heard. Given the fact that while medicine is a science but in real life as practice it has an element of art in it. For example, a hospital who has a renowned surgeon from any branch, be it cardio, neuro on its roll may charge up more for the same surgery as compared to others. While the moral debate is on one side, there is another side to the story. In a country like India, the healthcare infrastructure needs vast expansion and upgradation. To some extent the street is ruthless and does not have much moral obligation.
Indian envoy underscores India's special relationship with Sri Lanka's Eastern Province
During a visit last week,Santosh Jha, India's High Commissioner in Sri Lanka, highlighted the multi-sectoral grant assistance package consisting of 33 different projects throughout the province in diverse areas as well as ongoing discussions between the two governments to collaborate for the comprehensive development of Trincomalee, an official statement said.
Best Anchor Sockets in India to Plug Your Electronic Appliances Safely
Are you looking for Anchor sockets? If so, then continue reading this article where we have curated a list of the best Anchor sockets in India along with some other plugging options from the same brand. Once you find the right product for yourself, you can use the buying links shared in the article to place your order.
Lilavati Hospital to tap PE, pension funds for its Rs 4k-cr expansion plan
The expansion will encompass 3,000 hospital beds. Lilavati is setting up a greenfield 300-bed multi-specialty hospital in GIFT City, Gujarat with an investment of Rs 300 crore. The hospital is slated to open by 2025-end. Lilavati is also considering opening hospitals in Dharamshala (Himachal Pradesh), Noida (Uttar Pradesh), Pune (Maharashtra), and Bengaluru (Karnataka) and Guwahati (Assam).
Max Healthcare Institute acquires Alexis Multi-Speciality Hospital
Max Healthcare Chairman and Managing Director Abhay Soi said the successful completion of the acquisition of Alexis Hospital marks "a significant step forward in our growth strategy, allowing us to harness new opportunities, expand our capabilities, and deliver greater value to our patients in this region".
West Bengal BJP President Sukanta Majumdar admitted to a multi-specialty private hospital in Kolkata on Wednesday
West Bengal BJP President Sukanta Majumdar has been admitted to a Kolkata hospital after being injured during a protest on the Sandeshkhali issue. Section 144 has been imposed in 19 hotspots. Protests erupted in Sandeshkhali, leading the Governor to direct the government to take action against gang leaders.
Max Healthcare acquires Nagpur-based Alexis hospital for Rs 412 crore
Max Healthcare has acquired Alexis Multi-Speciality Hospital in Nagpur, Maharashtra for Rs 412 crores. The hospital is equipped with high-end bio medical equipment. The acquisition will strengthen Max Healthcare's medical program and surgical specialties, improving revenue and occupied bed days.
Chennai-based hospital chain Medway raises $5 million from Kyra Ventures
Medway Hospitals has raised $5 million from Kyra Ventures in its first round of fund raise, with participation from family offices. The Chennai-based multi-speciality hospital chain operates 8 hospitals in Tamil Nadu and Andhra Pradesh, with a focus on quality healthcare in tier 2 cities. The investment aims to accelerate expansion plans and reach 1000 beds by 2026.
ESIC to set up nine hospitals in Maharashtra, MP, Uttarakhand
According to a labour ministry statement issued late in the evening on Friday, nine new ESI hospitals in Maharashtra, Madhya Pradesh and Uttarakhand, and 17 new dispensaries in Gujarat will be set up under the ESI Scheme to improve the healthcare infrastructure.
Delhi's RML Hospital to open special pollution OPD
"We have decided that a special OPD will run for pollution-related illnesses where comprehensive care can be given to the patients and will include a multi-departmental clinic because pollution affects multiple organs," said Dr Ajay Shukla, Director of RML Hospital.
Apollo acquires under-development hospital asset from Future Oncology in Kolkata for Rs 102 crore
Apollo Hospitals has acquired a partially built hospital in Sonarpur, Kolkata with a total capacity of 325 beds. The acquisition, worth Rs 102 crore, is being fully funded by Apollo Multi Speciality Hospitals. The hospital will offer high-end specialties including comprehensive oncology services with radiotherapy. This acquisition strengthens Apollo's position as the largest healthcare provider in the eastern region, with over 1800 beds across Kolkata, Bhubaneshwar, and Guwahati.
Doctors report sharp nationwide spike in conjunctivitis cases
Dr. Harshwardhan Ghorpade, Cornea, Cataract & Refractive Surgeon, Hiranandani Hospital, Vashi-A Fortis Network hospital said that he is seeing rise in both viral and bacterial conjunctivitis in the last couple of weeks. Along with conjunctivitis, there has been a steady rise in seasonal flu cases too, doctors said.
President Murmu accepts TN CM Stalin's invitation to inaugurate multi-super speciality hospital in Chennai
The construction of the new 1000-bed hospital commenced in the King Institute of Preventive Medicine and Research Complex, Guindy was done at a cost of Rs.230 Crores, in an area of about 51,429 square meters with ground floor and six upper floors, the statement said.
Marengo Asia acquires 250 beds Gurugram multi-specialty hospital
Marengo Asia Healthcare - the multispecialty hospital platform backed by Samara Capital, Havells Family Investment Office and Godrej Family Investment Office, on Tuesday said it has acquired Gurugram-based 250-beds W Pratiksha Hospital
Medanta sees new hospitals & services, complex specialities boosting margins
Medanta chairman Naresh Trehan said there is a shift in trend from Covid-19 years, as there is less contribution from internal medicine and an increase in cases from complex specialities.
MF tracker: Which stocks did India’s top 10 AMCs buy in January?
SBI Mutual Fund: FSN E-Commerce, Steel Authority of India, GlaxosmithKline Pharmaceuticals, National Aluminium Co, Hindustan Aeronautics, Trent, L&T Finance Holdings, Bank of India, Motherson Sumi Wiring India Ltd, and United Spirits
PM Modi inaugurates multiple development projects in Gujarat
The inaugurated projects will help in improving the water supply in the region, along with boosting connectivity and enhancing the ease of living for the citizens of the state.
Manipal Health Enterprises closes in on AMRI buy
AMRI runs four multi-speciality hospitals - 3 in Kolkata and one in Bhubaneswar - with more than 1,150 beds. Emami Group will continue to own a diagnostic centre in Kolkata, which is not part of this deal, and it may later look for a buyer for that business.
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