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,...

Sebi issued a warning to Fortis Healthcare for delaying disclosures about a lawsuit in the US for over 14 months. The regulator directed the company to ensure such instances don't repeat.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

Capgemini invests Rs 1,000 crore in Chennai facility, creating 5,000 jobs and focusing on sustainability, innovation, and local talent development.

Bansal Wire Industries, a steel wire manufacturer, has raised Rs 223 crore from anchor investors ahead of its IPO, which is set to open for public subscription from July 3-5.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

HCL Technologies launches its first delivery center in Bihar, focusing on IT and engineering services for hi-tech and semiconductor companies. The center will also feature specialized labs and...

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Nephro Care India's IPO was oversubscribed by 715.85 times, driven by strong institutional investor interest. The IPO raised Rs 41.26 crore and will be listed on NSE Emerge.