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investment

UK Set to Create 38,000 Jobs Following Record £63 Billion Investment

Nearly 38,000 jobs will be created across the UK following the announcement of a record-breaking £63 billion in investments around the International Investment Summit. This total more than doubles last year’s £29.5 billion commitment at the Global Investment Summit and will drive growth and innovation in key sectors like infrastructure and technology. Among today’s new …

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Apollo 24/7 Secures Rs 2,475 Crore Investment and 12.1% Advent Stake in Mega Merger with Keimed

Apollo HealthCo Limited, a subsidiary of Apollo Hospitals Enterprise Limited, has unveiled a major development with plans to raise Rs 2,475 crore ($339 million) in equity capital from Advent International, a prominent private equity investor. This strategic move is part of a merger initiative that will also integrate Keimed Private Limited, India’s leading wholesale pharmaceutical …

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Max Healthcare’s Ambitious Expansion Plans in Uttar Pradesh

Blog on health

Max Healthcare Institute Ltd (MHIL), a prominent private hospital chain based in Delhi, has recently unveiled its ambitious plans to invest a staggering ₹2,500 crore in developing hospitals in Lucknow and bolstering its presence in Uttar Pradesh (UP). This strategic move underscores the company’s commitment to providing top-notch healthcare services and contributing to the state’s …

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RJ Corp Acquires Rs 379 Crore Worth of Global Health Shares in Open Market Transaction

RJ Corp, led by Ravi Kant Jaipuria, has made a significant acquisition in the healthcare sector by purchasing 1.07% or 2.8 million shares of Delhi-based Global Health. The transaction, conducted through an open market deal, amounted to Rs 379 crore, as per BSE bulk deals data. The shares were acquired at Rs 379 apiece, marking …

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Byju’s Seeks Fresh Funds, Slashes Valuation by 90% to Tackle Financial Woes

Indian education giant Byju’s is reportedly planning to raise funds through a share issuance next month, seeking over $100 million from existing investors. The catch, however, is that the valuation of the once $22 billion startup will plummet by more than 90%, now placing the company at less than $2 billion. Sources familiar with the …

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Cipla Boosts Digital Health with Major Investment in GoApptiv

Cipla Limited, a leading pharmaceutical company, has announced a further investment of approximately Rs. 42 crore in the digital tech company GoApptiv Private Limited. This move aims to bolster Cipla’s presence in the healthcare sector, particularly in underserved regions of India, by enhancing access to life-saving treatments. With the completion of this investment round, Cipla’s …

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Sintex BAPL’s Investment in Telangana to Create 1000 Jobs and Strengthen Building Materials Industry

Sintex BAPL, a wholly-owned subsidiary of Welspun Corp, has inked a formal agreement with the Telangana government to establish a manufacturing facility in the state. This partnership is based on a memorandum of understanding (MoU) recently signed. Under Telangana’s incentive program, this manufacturing unit will necessitate an investment of Rs 350 crore over the next …

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