Apollo

Apollo Green Energy prepares for IPO, eyes Rs 10,000 cr portfolio by 2025

Apollo International's renewable energy arm in the EPC sector looks to build its Rs 3,500 crore portfolio before going public in 2025

Apollo Green to launch IPO in 2025; to build Rs 10K cr project portfolio

Apollo Green Energy Ltd (AGEL), part of Apollo International Group, on Tuesday said it is preparing for a public listing next year to support its expansion plans and secure new projects. Also, the company is set to build a Rs 10,000-crore project portfolio by 2025. "With over 200 professionals and an order book of Rs 3,500 crore, we are focused on delivering projects that meet the nation's energy needs and promote sustainability. Our upcoming IPO in 2025 will further strengthen our financial base, enabling us to scale our operations and invest in cutting-edge renewable technologies," Sanjay Gupta, CEO, Apollo Green Energy Ltd, said. AGEL is a leading Engineering, Procurement, and Construction (EPC) company specializing in renewable energy, providing a range of solutions that includes utility-scale solar, energy storage systems, green hydrogen initiatives, and hybrid power. Operating in eight states, the company manages a diverse portfolio of projects, including 400 MW of solar ...

Airplane-sized asteroid to pass by Earth today, NASA says no risk of impact

Asteroid 2024 OR1 is part of the Apollo asteroids, which have been making their closest approach to Earth recently

Apollo Funds to buy IGT's gaming, digital business, Everi in $6.3 bn deal

The deal, subject to regulatory approvals and approval by Everi stockholders, is expected to be completed by the end of the third quarter of 2025

Ex-astronaut William Anders, who took Earthrise photo, dies in plane crash

Retired Maj. Gen. William Anders, the former Apollo 8 astronaut who took the iconic Earthrise photo showing the planet as a shadowed blue marble from space in 1968, was killed Friday when the plane he was piloting alone plummeted into the waters off the San Juan Islands in Washington state. He was 90. His son, retired Air Force Lt. Col. Greg Anders, confirmed the death to The Associated Press. The family is devastated, Greg Anders said. He was a great pilot and we will miss him terribly. William Anders has said the photo was his most significant contribution to the space program, given the ecological philosophical impact it had, along with making sure the Apollo 8 command module and service module worked. The photograph, the first colour image of Earth from space, is one of the most important photos in modern history for the way it changed how humans viewed the planet. The photo is credited with sparking the global environmental movement for showing how delicate and isolated Earth .

Advent to infuse Rs 2,475 crore into Apollo Hospitals' subsidiary

The merger will happen in a phased manner over the next 24-30 months. The combined entity is expected to deliver Rs 25,000 crore of revenue in three years with 7-8 per cent EBITDA

China launches 3-member Shenzhou-18 crew to its Tiangong space station

The Shenzhou-18 spacecraft, along with its three passengers, launched atop a Long March-2F rocket from the Jiuquan Satellite Launch Centre in northwest China on Thursday

Sadhguru Jaggi Vasudev undergoes emergency brain surgery at Apollo in Delhi

According to the Isha Foundation, Sadguru was examined by Dr Vinit Suri, a senior consultant neurologist at Apollo Hospitals and was advised to undergo an MRI

Madhu Sasidhar appointed as president & CEO of Apollo's hospital division

Prior to joining Apollo, Sasidhar held various roles at Cleveland Clinic, including President of Cleveland Clinic Tradition Hospital

Apollo Hospitals profit rises 60% in Q3; digital biz achieves break-even

The company's revenue from operations was seen up by 14 per cent in FY24 to Rs 4850.6 crore, compared to Rs 4,263.6 crore during the third quarter of 2022-23

Apollo launches oncology facility that uses AI for precise diagnosis

Oncology centre in Bengaluru will give doctors and patients real-time insights and treatment protocol

Apollo Supply Chain launches e-commerce fulfilment, D2C shipping service

Apollo group's logistics services arm Apollo Supply Chain on Wednesday announced the launch of a new comprehensive e-commerce fulfilment and shipping service for D2C (direct-to-consumers) brands. With strategically located fulfilment centers across cities including Delhi NCR, Kolkata, Guwahati, Bengaluru, Chennai, and Hyderabad, the new service "alfa" is aimed at cutting logistics cost, improve delivery speed, a company statement said. "India's consumer commerce business is witnessing an influx of D2C companies with a potential to become a USD 60-billion sector by 2027," said Akshat Pushp, Chief Business Officer at Apollo Supply Chain. "Through alfa, Apollo Supply Chain aims to be a part of India's D2C success story by ensuring tailored supply chain solutions," he said. The new service, according to him, specialises in e-commerce fulfilment and shipping services, catering to a diverse clientele encompassing D2C brands in early, growth (venture funded), and late stages, as well as .

Oyo Hotels in talks with Apollo to refinance $660 million loan: Report

Oyo Hotels and Homes is in talks to refinance a $660 million loan with Apollo Management Inc after a delay in its initial public offering, Bloomberg News reported on Thursday

Apollo Connect launched to provide connected healthcare ecosystem in India

Apollo Hospitals on Monday announced a pan-India expansion of its connected care programme, Apollo Connect, to provide the largest integrated healthcare ecosystem in India, the hospital said. Through this, Apollo aims to empower hospitals and nursing homes in both metro and non-metro areas to offer holistic and superior patient care. It rolled out services like eICU, diagnostics, surgical consultations, remote monitoring, clinical and quality training as well as accreditation support across India for the benefit of its connected care partner network, a release from the hospital said. "As care providers, the imperative for us is to collaborate and support each other to ensure no sick person goes untreated for lack of access to quality care," founder and chairman, Apollo Hospitals Group, Dr Prathap C Reddy, said. "Since inception, we have been committed to making India healthier by building and providing the best healthcare solutions. Apollo Connect for us is one more step in that ...

Apollo plans to expand connected care programme across the country

For the past two years, Apollo has been piloting Apollo Connect with specialty hospitals and nursing homes pan-India and has seen immense success across the board

Third-party app Apollo shutting down due to Reddit's new API pricing

Reddit's recent decisions and actions have unfortunately made it impossible for Apollo to continue, said developer Christian Selig

Apollo Hospitals Enterprise Q4 net profit rises 60% to Rs 145 crore

The company's consolidated revenue from operation rose by 21.3 per cent to Rs 4,302 crore for the March quarter as compared to Rs 3,546 crore in the year-ago period

Cerberus drops purchase of Apollo's Unit after Arcion Revitalization deal

The US firm's Indian arm decided not to proceed with the deal in October after agreeing to acquire Arcion Revitalisation Pvt. for about 2 billion rupees ($24 million)

NASA Artemis I: Fuel seals repaired, likely to launch moon rocket on Sep 23

NASA had to scrub two launch attempts as the rocket experienced technical glitches, including a fuel leak

Explained: NASA postpones Artemis 1 launch; here's what we know so far

Artemis 1 was supposed to orbit the moon, deploy some satellites, and settle into the orbit. It was meant to test SLS rocket and the Orion crew capsule