Torrent plans big growth in power, pharma, healthcare, electricals and gas
Samir Mehta, Chairman, Torrent Group says both pharma and power businesses have big growth potential.
healthcare industry
November 2024
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March 2024
The New Torrent
The 'pharmaceutical to power' group has kickstarted a makeover plan with focus on renewable and diversification into health.
There’s a shift in how M&A deals are structured: Luis de Lucio of Alvarez & Marsal
Luis de Lucio and Himanshu Bajaj from the consulting firm Alvarez & Marsal share their perspectives on India’s evolving role in global markets
India spends ₹9.05 lakh crore on healthcare, out-of-pocket expenditure declines
The share of out-of-pocket expenditure declined to 39.4 % of the total health expenditure in 2021-22 as against 44.4 % in 2020-21
Max Healthcare to acquire 64% stake in Jaypee Healthcare for ₹1,660 cr
The acquisition includes two operational hospitals – the 500-bed Jaypee Hospital in Noida and the 200-bed Jaypee Hospital in Bulandshahr
₹5 lakh health cover to all 70 and above under Ayushman Bharat; income no bar
This expansion will benefit over six crore seniors across 4.5 crore families, offering ₹5 lakh in annual health insurance coverage per family.
Non-communicable diseases make private hospitals healthy
Demographic shift and rising share of NCDs would lead to a ₹7.7 lakh crore market for healthcare sector by FY25
PE’s Healthcare Takeover
How global private equity and venture capital firms became majority owners of India’s hospital chains.
Aster DM Healthcare shares jump 14%; here’s why
The healthcare company has announced a special dividend of ₹118 per share for its shareholders on account of the receipt of proceeds from the sale of the GCC business.
Aster DM Healthcare shares fall 7% amid block deal
Olympus Capital Asia Investments is reportedly looking to sell a 9.8% stake in Aster DM Healthcare for up to ₹1,953 crore (nearly $235 million).
