Fortis Healthcare has appointed Prem Kumar Nair as the Vice-Chairman of the board. Nair was recently appointed Group Chief Executive Officer of IHH Healthcare.

Fortis Healthcare plans to invest Rs 1,300 crore to expand existing hospitals, adding 2,200 beds across various locations in India, including Faridabad, Anandpur Sahib, and Shalimar Bagh.

Fortis Healthcare reported a 47% jump in Q4 net profit to Rs 203.14 crore, driven by higher revenue from its core business. Revenue from operations also increased significantly year-on-year.

Fortis Healthcare's net profit declined 6% to Rs 134 crore in Q3 FY24, while revenue increased to Rs 1,680 crore. The company plans to expand its bed capacity by 2,200 beds in the next four years.

The interim Budget has proposed 'commendable steps' to address healthcare issues, including professional shortage and medical education strengthening. Industry players lauded the initiatives,...

Jawaharlal Nehru Port Authority (JNPA) will develop a Rs 285 crore agri-commodity processing and storage facility at the port to serve Maharashtra and other states. This initiative, a...

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

An IndiGo flight from Abu Dhabi to Delhi was diverted to Muscat on Monday due to a technical issue. The airline is providing hotel accommodation and alternative arrangements for passengers.

Small Industries Development Bank of India (Sidbi) receives USD 215.6 million loan from Green Climate Fund for implementing climate-resilient projects in Indian MSMEs.

Jana Small Finance Bank reported an 89% jump in Q1 net profit to Rs 171 crore, driven by strong loan growth and stable margins. Gross NPA ratio rose to 2.62% from 2.11% in the previous quarter.

India's Finance Minister will present the 2024 Budget, focusing on 'Viksit Bharat'. Key areas include fiscal deficit, capital expenditure, tax revenue, and GST.

Jawaharlal Nehru Port Authority (JNPA) will develop a Rs 285 crore agri-commodity processing and storage facility at the port to serve Maharashtra and other states. This initiative, a...

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

Integra Essentia's net profit rose to Rs 2.45 crore in the June quarter, driven by increased revenue. The company's total income reached Rs 88.09 crore.

An IndiGo flight from Abu Dhabi to Delhi was diverted to Muscat on Monday due to a technical issue. The airline is providing hotel accommodation and alternative arrangements for passengers.