Page 2 - Apollo

PNB to sell NPA account Apollo Distilleries, Breweries worth Rs 44 cr

State-owned Punjab National Bank (PNB) has put up for sale its NPA account Apollo Distilleries & Breweries with loan outstanding of nearly Rs 44 crore due against the company. Inviting asset reconstruction companies (ARCs) to put their bids for transferring the loan account of Apollo Distilleries & Breweries, the city-based lender said it will expedite the due diligence process and make available the documents at one place for verification of the prospective buyer. However, PNB said it will be at its sole discretion to withdraw the account offered for transfer, without assigning any reasons. The last date of submission of expression of interest is August 31, 2022 while the due diligence is to be completed by September 7, said the lender. The tentative date of e-bidding, to happen on a 100 per cent cash basis, is September 12. A subsidiary of Chennai-based Empee Distilleries Ltd (EDL), Apollo Distilleries and Breweries (ADPL) owns and operates a distillery plant with an ...

Apollo Hospitals, Singapore firm enhance AI-based tech for cardiac diseases

Move aimed to enable healthcare providers to predict risk of cardiac disease in patients and start intervention early

How Prathap Chandra Reddy propelled Apollo Hospitals into a new orbit

The struggle that he went through in setting up a private health care facility in the India of the 1980s is part of folklore

KKR, PAG vie for Apollo arm's call-centre business in India

Aion plans to seek final bids for the business next month

Apollo Hospitals to start Covid-19 vaccination for children from Monday

The vaccine administered will be Covaxin, which has received emergency use approval for children by the Drugs Controller General of India (DCGI)

Apollo TeleHealth sees Covid boost to telemedicine; gets new BSI approval

After a successful foray in Malaysia where it has tied up with the local govt, the firm is now eyeing Africa and Bangladesh to strengthen its global footprint

Apollo Hospitals posts over three-fold jump in profit to Rs 267 crore

Apollo Hospitals to acquire Excelcare for Rs 210 crore

Apollo 15 anniversary: 50 years ago, NASA put a car on the Moon

at the 50th anniversary of Apollo 15 some enthusiasts, historians and aut­hors are giving the lunar rover its due as one of the most enduring symbols of the American moon exploration programme

Set up oxygen storage points within 30 minutes from hospitals: Apollo MD

Apollo Hospitals Group Joint MD Sangita Reddy called for setting up emergency oxygen storage points within 30 minutes distance of all hospitals

Apollo launches new range of tyres for compact SUV segment

Apollo Tyres on Tuesday said it has launched a new range of tyres for the fast growing compact SUV segment. The company said it has launched Apterra Cross tyres in the country after two years of extensive testing and tuning. This is the first dedicated range of tyres that caters to the compact SUV segment, the hottest selling segment of the decade, in the Indian automotive industry, Apollo Tyres said in a statement. As per industry estimate, the CSUV (Compact SUV) tyre market in the country is pegged around four lakh tyres per month, and is soon expected to double. "The rise of the compact SUV segment, priced affordably, has reinvigorated the dream of owning an SUV in the Indian market, and we being the segment creators in the tyre space, are looking at leveraging on this opportunity with a dedicated range of tyres for this growing segment," Apollo Tyres President, Asia Pacific, Middle East & Africa (APMEA) Satish Sharma said. The company has the first mover advantage with Apollo

People show enthusiasm, queue up for vaccination at Tamil Nadu hospitals

In Tamil Nadu, apart from online registration, the state administration also allowed people to walk in and register for coronavirus vaccinations in phase-2.

Amazon may invest $100 million in India's Apollo Pharmacy: Report

Amazon is considering a nearly $100 million investment in India's Apollo Pharmacy, facing up to Reliance Industries and Tata Group in the country's fast-growing drug market, a report said

Lloyd's insurer Apollo to stop underwriting Adani coal mine from Sep 2021

Carmichael has provoked controversy in Australia because it would open up a new thermal coal basin at a time of growing concerns over global warming, in a region that is in need of jobs.

Apollo Hospitals says September occupancy levels up 60% after dip

The hospital chain says it has taken various cost saving measures that will help it save Rs 200 cr this financial year

Apollo Hospitals Bengaluru launches robot-assisted cardiac surgery unit

The unit will offer patients with complex cardiac disease treatment

50 yrs of moon landing: When the world paused to watch Armstrong's moonwalk

Officially more than 500 million people gathered around their sets to watch him leap from the ladder of Apollo 11's Eagle landing craft and onto the surface of the Sea of Tranquility

Apollo Hospitals sees older hospitals' Ebitda growing to 25% in 3-4 years

Promoters say the plan to reduce pledged shares in the firm to 50% in a few months is on track

How big is moon and how far is it? Let's put facts into perspective

The equatorial diameter of the Moon is about 3,476km, while the polar diameter is 3,472km

Apollo nears $3.8 billion-plus deal for packaging group RPC: WSJ

RPC, which operates in 34 countries, on Monday had a market capitalisation of $3.8 billion

Apollo strives to build brands

Tyre maker is focusing on product, market and reach to realise its Vision 2020