Suneeta Reddy, MD, Apollo Hospitals said that the hospital chain will increase its bed capacity from current 1,500 to 2,200 beds in the current year.
Posts tagged MC
Wholesale prices drop for 12th straight month in October (16-11-2015)
The fall was almost in line with the forecast made by economists in a Reuters poll of 3.83 percent. In September, the index fell a provisional 4.54 percent.
Apollo Tyres gains 3%, to buy German co for euro 45.6 mn (16-11-2015)
Reifencom has turnover of 147 million euro in 2014 and has presence in Germany, Austria, Switzerland, Italy, France Denmark.
Poll: What’s driving the yen? (16-11-2015)
The Japanese currency strengthened 0.1 percent to 122.44 per dollar in early Asian trading, after rising 0.4 percent last week. The euro weakened 0.5 percent at 131.23 against the yen, falling below the support levels at mid-131.
Market to give 30% returns over two years: CLSA (16-11-2015)
Over two years, market will deliver 15 percent compounded growth and will give 30 percent returns, Mahesh Nandurkar, Indian strategist at CLSA says adding that the key factor in growth will be capex recovery.
Shasun Pharma gets US FDA nod to market Carisoprodol (16-11-2015)
In a BSE filing, Shasun Pharmaceuticals said, “It has received approval from the United States Food and Drug Administration (US FDA) for Carisoprodol tablets.” The approval is for the 250 mg and 350 mg strengths. Shasun Pharma said Carisoprodol tablets of 250 mg and 350 mg have sales of approximately USD 38 million.
To acquire 51% stake in Inshape Health: Talkwarkars (16-11-2015)
Anant Gawande, CFO, Talwalkars in an interview to CNBC-TV18 spoke in detail about their plans to acquire ‘Inshape Health and Fitnez’. The company plans to acquire 51 percent stake from the promoters in an all cash deal.
Inox Wind commissions 800 MW unit at Madhya Pradesh unit (16-11-2015)
“The unit will have an annual production capacity of 400 rotor blade sets and eventually also have an annual capacity of 400 nacelles and hubs, 300 towers and will double Inox Wind’s production capacity to 1,600 MW,” Inox Wind said in a BSE filing.
See one more RBI rate cut; rupee to depreciate:CLSA’s Malik (16-11-2015)
On the currency front, it is still more of a dollar story over the next 12-months and rupee will depreciate gradually with the dollar strengthening, says Rajeev Malik, Senior Economist at CLSA.
Positive on mkt with a 3-year perspective: Manish Prasad (16-11-2015)
Speaking to CNBC-TV18, Manish Prasad, MD and Head of Institutional Equities at JM Financial says that companies need to work on productivity to improve corporate earnings, which have been low since last eight quarter.