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
The acquisition includes two operational hospitals – the 500-bed Jaypee Hospital in Noida and the 200-bed Jaypee Hospital in Bulandshahr
Demographic shift and rising share of NCDs would lead to a ₹7.7 lakh crore market for healthcare sector by FY25
The top gainers on the BSE Sensex pack were Tata Steel, JSW Steel, Larsen & Toubro, Titan Company, and ICICI Bank, rising in the range of 3-5%.
Max Healthcare was the top loser with a 11% fall, followed by Yatharth, Medanta, Fortis, Apollo, Aster DM Healthcare, among others.
Crosslay Remedies Limited (CRL), a wholly-owned subsidiary of Max Healthcare has executed the special purchase agreement.
India being the world's third-largest in cancer burden, oncology is now competing with cardiology in diagnosis, care and management at leading healthcare chains.
Adani Transmission, Adani Total Gas, and Indus Towers will be removed from the MSCI India Standard Index, effective as of the close of May 31, 2023.
The Sensex and Nifty are poised to open higher on Tuesday, following gains in global peers and firm trading on SGX Nifty futures.
Through a series of transactions, KKR will end up with a 51.9% stake in Max Healthcare and Radiant’s Abhay Soi will own a 23.2%.