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KIMS launches ₹1,500 crore QIP to repay debt and fund subsidiaries
KIMS has launched a ₹1,500 crore qualified institutions placement (QIP) through a 100% primary share issuance, with the indicative price set at ₹755 per share at up to a 3% discount to the last closing price. The hospital chain plans to use the proceeds to repay debt and fund investments in its subsidiaries, with the issue expected to be priced later this week and listed on the NSE and BSE thereafter.
CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons deal
India's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator also cleared Temasek's investment in medical devices maker Romsons Group. These approvals pave the way for significant business consolidations in the financial and healthcare sectors. The deals involve substantial stake acquisitions and restructuring.
Cipla appoints health chief Shivam Puri to lead One India business
Cipla has appointed Shivam Puri as the new Chief Executive Officer for its One India Business. This significant leadership change will take effect from July 1. Puri currently heads Cipla Health, a role he has held since 2019. His extensive experience in consumer goods and healthcare will now steer Cipla's domestic operations.
Fortis Healthcare among 3 stocks with Golden Crossover; how to trade?
Nishchal Jain of Share.Market believes that the 'Golden Crossover' suggests the beginning of a multi-quarter recovery cycle for Fortis Healthcare, Deepak Fertilisers and Deepak Nitrite.
Godavari Biorefineries shares rises 10% on Japanese patent for cancer treatment invention
Godavari Biorefineries said the patented invention relates to the use of 5-Hydroxy-1,4-Naphthalenedione in the treatment of cancer and strengthens its intellectual property portfolio in the healthcare and life sciences space.
Hyderabad-based Pulsus to invest Rs 500 crore in Telangana AI healthcare hub, targets 6,000 jobs
Pulsus Group will invest Rs 500 crore to expand its AI healthcare and digital innovation hub in Telangana, creating 6,000 direct and 30,000 indirect jobs. This expansion, following a Supreme Court ruling upholding its SEZ status, will focus on AI-led healthcare solutions, digital services, and clinical research support.
Nifty tops 23,850 as oil slump sparks broad-based rally
The key equity benchmark indices extended gains for a second consecutive session on Monday, supported by a sharp decline in crude oil prices and optimism surrounding a US-Iran peace agreement. Buying was broad-based, with most sectoral indices ending in the green. Investor sentiment was further buoyed by strong global cues, a stronger rupee and easing market volatility. The Nifty settled above the 23,850 mark, led by gains in consumer durables and auto stocks. However, pharma and healthcare shares bucked the trend and closed lower.
Aurobindo Pharma Ltd leads losers in 'A' group
Ola Electric Mobility Ltd, Aster DM Healthcare Ltd, Data Patterns (India) Ltd and Shilpa Medicare Ltd are among the other losers in the BSE's 'A' group today, 15 June 2026.
Army, Airtel join hands for mobile connectivity in Arunachal Pradesh district
The Indian Army and Bharti Airtel have joined forces to improve mobile network coverage in remote West Kameng district of Arunachal Pradesh. This partnership aims to connect areas that have been offline for over a decade. Residents will gain better access to government services, education, and healthcare. The initiative will also boost tourism and economic growth.
Stocks in news: Dr Reddy’s, Adani Green, KIMS, JSW Energy, Nestle India
Markets saw a strong rebound on Friday, driven by positive global cues and easing geopolitical tensions. Nifty defended the 23,000 support and reclaimed 23,500, with potential for further gains. Several stocks like Dr Reddy's, Adani Green, and JSW Energy are in focus due to significant corporate developments.
India known as nation with world's largest healthcare programme: PM Modi
Prime Minister Narendra Modi said India has made healthcare more affordable and accessible over the past 12 years through initiatives such as Ayushman Bharat and the PM Bharatiya Jan Aushadhi Pariyojana. He highlighted lower-cost medicines and medical devices, expanded medical education, and progress in tackling diseases like tuberculosis.
Why Hospitals, IT Parks And Industrial Facilities Are Worried About New Diesel Curbs?
Among the industries, hospitals remain the most vulnerable. Large healthcare facilities usually maintain several diesel generator sets capable of powering entire campuses during grid disruptions and often run them proactively during surgeries, intensive-care operations and other critical procedures where voltage fluctuations can pose risks to patients.