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Apollo Hospitals to acquire 31% stake held by IFC in arm for ₹1,254 crore

The Free Press Journal - Indore

|

September 13, 2025

Healthcare chain Apollo Hospitals Enterprise Ltd on Friday said it will acquire 31 per cent stake held by International Finance Corporation in its arm Apollo Health and Lifestyle Ltd for Rs 1,254.07 crore.

- PTI

The company's board at its meeting held on Friday, approved execution of definitive share purchase agreements for the acquisition of a little over 41.65 crore equity shares aggregating to a 30.58 per cent equity stake held jointly by the International Finance Corporation, Washington (IFC) and IFC EAF Apollo Investment Company (IFC EAF) in Apollo Health and Lifestyle Ltd (AHLL), Apollo Hospitals Enterprise Ltd (AHEL) said in a regulatory filing. The board has also approved setting up a comprehensive oncology facility at Gurugram at an investment of Rs 573 crore, it a

The Free Press Journal - Indore からのその他のストーリー

The Free Press Journal - Indore

Anmol in NIA custody

A Delhi court on Wednesday remanded Anmol Bishnoi, younger brother and close associate of jailed gangster Lawrence Bishnoi, to 11 days of National Investigation Agency (NIA) custody

time to read

1 min

November 20, 2025

The Free Press Journal - Indore

Russia offers Sukhoi-57 deal plus tech transfer

Russia has signalled a major push to support India’s future air combat requirements, offering what it describes as unrestricted technology transfer for the Su-57 fifth-generation stealth fighter.

time to read

1 min

November 20, 2025

The Free Press Journal - Indore

Nitish to be CM for 10th time

Janata Dal (United) president Nitish Kumar will be sworn in as chief minister of Bihar for a record 10th time on Thursday at the historic Gandhi Maidan in Patna.

time to read

1 min

November 20, 2025

The Free Press Journal - Indore

Delhi’s Khan Mkt 24th most expensive high-street location globally: C&W

Delhi's upscale Khan Market rank slipped one notch to 24th in a global list of the most expensive high-street retail locations, with an annual rent of USD 223 per sq ft, according to Cushman & Wakefield.

time to read

1 min

November 20, 2025

The Free Press Journal - Indore

BAJAJ AUTO COMPLETES ACQUISITION OF MAJORITY STAKE IN KTM

Bajaj Auto Ltd on Wednesday announced the completion of acquisition of a majority stake in Austrian bike maker KTM following receipt of necessary approvals from European regulators for its 800-million euro transaction.

time to read

1 min

November 20, 2025

The Free Press Journal - Indore

Parineeti & Raghav name their son Neer

Bollywood actor Parineeti Chopra and husband-politician Raghav Chadha have named their son Neer.

time to read

1 min

November 20, 2025

The Free Press Journal - Indore

Russian oil cargoes race to India as sanctions deadline nears

The clock is ticking for India-bound tankers carrying millions of barrels of crude from blacklisted Russian suppliers Rosneft PJSC and Lukoil PJSC, with a wind-down period for US sanctions set to end this Friday (November 21), international news agencies reported on Wednesday.

time to read

1 min

November 20, 2025

The Free Press Journal - Indore

During World Cup, Baba called me: Sachin

Famous cricketer Sachin Tendulkar shared his spiritual attachment and divine feelings towards Baba . \"I bow down to Sathya Sai Baba. He gave me a sense of belonging from a very young age,” he said.

time to read

1 min

November 20, 2025

The Free Press Journal - Indore

PHENOMENAL CONTRIBUTION

Alphabet CEO Sundar Pichai has praised the role of immigrants in shaping the United States' technology landscape, calling their contributions \"phenomenal\".

time to read

1 min

November 20, 2025

The Free Press Journal - Indore

Man draws HC ire for abandoning 76-yr-old mother

Orders to shift the ailing woman to govt hospital

time to read

2 mins

November 20, 2025

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