Breach of contract alleged in an offer to acquire Hyderabad-based Care Hospitals
Total income rose to Rs 42.83 crore in the third quarter of this fiscal from Rs 34.20 crore in the corresponding period of the previous year
The company had logged a net profit of Rs 347.22 crore a year ago
All that happened in the markets today
Max India, which got delisted in June, had announced plans to invest Rs 300 crore over the next four years to develop a housing project for senior living in Noida, Uttar Pradesh
Max India, which got delisted in June, had recently announced plans to invest Rs 300 crore over the next four years to develop a housing project for senior living in Noida, Uttar Pradesh
Max India completes merger of Radiant Life's hospital assets with self
Torrent said a pledge of shares is a security interest in favour of lenders and can be enforced by sale of such shares in event of default
The range of 12,000-12,050 is a strong resistance zone for the Nifty, which should be taken out on a closing basis to negate the bearish trend.
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities
With the deal getting regulatory approval, Max India will exit the health insurance business
The company said 99.21% of the public shareholders voted in favour of the proposed composite scheme
Radiant is in the process of demerging its health care business into Max Healthcare
The proposed transaction is an all-cash deal and it values Max Bupa at an enterprise value of Rs 1,001 crore
The stock moved higher by 11 per cent to Rs 89.60, which is also its three-month high, on the back of heavy volumes on BSE.
The first stage being Radiant picking up 49.7% in Max Healthcare for $293 million
The deal includes Radiant Life's purchase of a 49.7% stake in Max Healthcare from South Africa-based hospital operator Life Healthcare International Proprietary Ltd
The stock moved higher by 13% to Rs 75.65, rallied 26% in past two trading days on the BSE on back of heavy volumes.
Max Healthcare is among the top healthcare chains in the country with around 14 hospitals
HDFC Life IPO by year-end, Max Life seeks acquisitions