| Date | Title | Description |
| 09.05.2025 | PB Healthcare: A New Dawn in Indian Healthcare | In a bold move, PB Healthcare has entered the bustling Indian healthcare market, securing a hefty $218 million in seed funding. This venture, backed by PB Fintech and General Catalyst, aims to reshape the healthcare landscape in India. With... |
| 08.05.2025 | PB Healthcare secures $218 million in seed funding from PB Fintech, General Catalyst | Policybazaar promoter Yashish Dahiya's healthcare venture on Thursday said it has raised $218 million seed capital at a valuation of $243 million. While Policybazaar parent PB Fintech invested $62 million for a 26% stake in PB Healthcare Se... |
| 07.05.2025 | Aster DM invests ₹480 crore to set up its fourth multispecialty hospital in Bengaluru | - |
| 15.04.2025 | Competition Comm okays Aster DM Healthcare-QCIL proposed merger | New Delhi, Apr 15 (PTI) The Competition Commission of India (CCI) on Tuesday cleared the proposed merger of Aster DM Healthcare and Quality Care India, and the merged healthcare entity will be named Aster DM Quality Care.
Aster is a healthc... |
| 13.03.2025 | Aster DM Healthcare's Bold Move: Reducing Share Pledge and Strengthening Financial Foundations | Aster DM Healthcare has taken a significant step in the financial landscape by slashing its share pledge from a staggering 99% to a more manageable 41%. This bold maneuver comes on the heels of a successful debt refinancing deal with heavyw... |
| 12.03.2025 | Aster DM Healthcare Promoters Achieve Reduction in Share Pledge from 99% to 41% | Bengaluru, Karnataka, India
In line with the stated strategy, the promoters of Aster DM Healthcare have successfully reduced their share pledge from 99% to 41% after completing a debt refinancing transaction from top-tier global financial i... |
| 12.03.2025 | Aster DM Healthcare promoters cut pledged shares to 41% after debt refinancing | The promoters of healthcare player, Aster DM Healthcare had reduced their share pledge from 99 per cent to 41 per cent after completing a debt refinancing transaction from top-tier global financial institutions.
As part of the refinancing p... |
| 21.02.2025 | Aster DM Healthcare commits ₹850 cr investments in Kerala in 3 years | Aster DM Healthcare has made a commitment to invest around ₹850 crore in Kerala in the next three years towards scaling up infrastructure, medical services and employment generation in the region.
Azad Moopen, Founder and Chairman, Aster DM... |
| 17.01.2025 | Editor's Note: AI - The World Will End in 30 Years Or We Will Become Even Richer Yes, massive costs efficiencies can be found with AI, and the speed of launch of a new product is tenfold better than w... | Usually when I hear the word "Godfather" I think of Al Pacino. Then the great debate starts: was Godfather 2 better than Godfather 1? Tough question – though we probably all agree he should never have made Godfather 3.
Fans of the... |
| 12.01.2025 | The Surge of Mergers and IPOs: A New Era for Indian Corporates | The Indian corporate landscape is buzzing. Mergers and acquisitions (M&As) and initial public offerings (IPOs) are driving a new wave of economic momentum. In 2024, M&A activity soared by 38%, reaching a staggering $109 billion. Thi... |
| 10.01.2025 | M&As, IPOs to continue momentum in 2025 | Mergers and acquisitions in India saw a 38 per cent increase in 2024 at $109 billion, with large conglomerates accounting for a significant chunk of the transactions, according to Kotak Investment Banking.
Deals by domestic corporates doubl... |
| 07.01.2025 | Outlook 2025: Why healthcare deals will stay in limelight and what trends will play out | Amit Varma, co-founder and managing partner, Quadria Capital
The healthcare industry experienced robust deal activity in 2024. This was motivated by resilient demand and changes in patient needs. Subsectors that stood out in 2024 included s... |
| 20.12.2024 | The 100: Alisha Moopen, Managing Director & Group CEO, Aster DM Healthcare The 100: A Definite Guide to Success | Alisha Moopen joined Aster DM Healthcare in 2013, initially serving as a director for GCC operations before being promoted to Managing Director for the region. In 2023, she played a pivotal role in a $1 billion transaction, which ultimately... |
| 03.12.2024 | Celebrating Global Nursing Excellence: Maria Victoria Juan's Triumph and the Future of Healthcare | In a world where heroes often go unnoticed, Nurse Maria Victoria Juan from the Philippines has emerged as a beacon of hope and resilience. Recently awarded the prestigious Aster Guardians Global Nursing Award 2024, she stands as a testament... |
| 03.12.2024 | Top 10 Richest Indians in Dubai: Icons of Success and Inspiration | Share
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Dubai, known for its luxurious lifestyle and endless opportunities, has become a second home for many Indian entrepreneurs. These visionaries have made their mark across diverse industries, including retail, he... |
| 02.12.2024 | Aster DM Healthcare and Quality Care India Merge to Form Aster DM Quality Care Dr Azad Moopen, Founder of Aster DM, will serve as the Executive Chairman of the merged entity, while Varun Khanna, Group... | Hospital chains Aster DM Healthcare Limited and Quality Care India Limited, backed by Blackstone and TPG, have announced their merger to create Aster DM Quality Care Ltd, a leading network of 38 hospitals across India.
Post-merger, Aster DM... |
| 02.12.2024 | Nurse Maria Victoria Juan from Philippines wins the Prestigious Aster Guardians Global Nursing Award 2024 worth INR 2 Crore | Bengaluru, Karnataka, India
Nurse Maria Victoria Juan from Philippines, a Consultant at Philippines Army Health Services and Colonel, Reserve Force of the Armed Forces of the Philippines, has been announced as the winner of Aster Guardians ... |
| 29.11.2024 | SBI's Strategic Moves: Leadership Changes and Co-Lending Innovations | In the ever-evolving landscape of finance, change is the only constant. Recently, two significant developments have emerged from the State Bank of India (SBI) and its partners. The appointment of Nand Kishore as the new Managing Director an... |
| 29.11.2024 | Turbulence in Indian Banking: Adani Group Scrutiny and Leadership Changes at SBI | The Indian banking sector is navigating stormy waters. Recent allegations against Gautam Adani, the chairman of the Adani Group, have sent ripples through the financial landscape. U.S. authorities have accused him of bribery, raising alarms... |
| 29.11.2024 | Aster DM Healthcare acquires Blackstone-backed Quality Care India in share swap | Aster DM Healthcare has announced its acquisition of the Blackstone-backed Quality Care India through a share swap arrangement, in a significant step to becoming one of India’s top three hospital chains.
The combined entity, to be named Ast... |
| 29.11.2024 | Blackstone earns a bonanza as CARE Hospitals merging with Aster DM Healthcare | Premium
Dr Azad Moopen, founder chairman, Aster DM Healthcare
Aster DM Healthcare Ltd has agreed to merge with Quality Care India Ltd, the operator of CARE Hospitals, in a deal that will turn out to be a bonanza for US-based private equity ... |
| 27.11.2024 | SBI Funds Management appoints Nand Kishore as MD & CEO | SBI Funds Management has appointed Nand Kishore as Managing Director & Chief Executive Officer. Kishore was Deputy Managing Director (Global Markets) at SBI’s Corporate Centre in Mumbai, where he oversaw the bank’s treasury operations.
... |
| 24.10.2024 | Aster DM Healthcare posts 16% y-o-y revenue growth at ₹1,086 crore in Q2 FY25 | Aster DM Healthcare reported a 16 percent year-on-year (y-o-y) revenue increase for Q2 FY25, reaching ₹1,086 crore, up from ₹934 crore in the same period last year. The performance was attributed to steady growth across its core business se... |
| 24.10.2024 | Godrej Consumer profit surges by 13% | Fast-Moving Consumer Goods (FMCG) maker Godrej Consumer Products Ltd posted a 13.66 per cent increase in consolidated net profit at ₹.491 crore for the quarter that ended on September 30 as against ₹432 crore reported during the same quarte... |
| 23.09.2024 | Aster DM launches hospital project in Hyderabad, invests ₹220 crore | Aster DM Healthcare has announced the launch of a hospital for women and children in Hyderabad, at an outlay of ₹220 crore, to address the growing healthcare needs of an expanding middle class with a greater disposable income. Phase 1 of th... |
| 22.07.2024 | Exclusive: Aster DM Healthcare set to stitch deal for India biz with top PE firm | Premium
Azad Moopen, chairman, Aster DM Healthcare
Mumbai-listed Aster DM Healthcare Ltd is in advanced talks with a deep-pocketed private equity firm to finalize a deal for its India business, two people aware of the matter told VCCircle. ... |
| 29.05.2024 | Aster DM Healthcare Q4 results: Net loss at Rs 2.17 cr, revenue up 22% | - |
| 27.05.2024 | Aster DM Healthcare announces ₹250 crore expansion plans for Aster CMI Hospital | Aster DM Healthcare Limited, a healthcare provider in India, has announced its expansion plan for Aster CMI Hospital, a multispecialty hospital in Bengaluru. The hospital will have an infrastructure expansion of 300,000 sq feet with an inve... |
| 27.05.2024 | Aster DM Healthcare Announces Rs. 250 Cr Expansion Plans for Aster CMI Hospital, Bengaluru; to Add 350 Beds | Bengaluru, Karnataka, India
The hospital will have an additional infrastructure expansion of 300,000 sq feet with an investment of around Rs. 250 cr
The hospital will increase its bed capacity from existing 500 to 850 beds by FY2027
The exp... |
| 05.05.2024 | Number of medical tourists in India to exceed pre-pandemic levels in CY24 | - |
| 29.04.2024 | Over 5.2 mn medical malpractice cases filed in India annually, shows data | - |
| 15.04.2024 | Aster DM Healthcare Announces a Large Special Dividend of Rs.118/- per Share to its Shareholders | Bengaluru, Karnataka, India
Aster DM Healthcare had on April 03, 2024 officially announced the conclusion of its India and GCC business separation
The Special Dividend announced is to reward the long-holding shareholders and will be paid wi... |
| 08.04.2024 | Aster DM rallies 10% as board to consider special dividend on April 12 | Shares of Aster DM Healthcare hit a record high of Rs 499.90, as they rallied 10 per cent on the BSE in Monday’s intra-day trade after the company said its board will meet on Friday, April 12, 2024 to consider declaration of interim dividen... |
| 08.04.2024 | Info Edge zooms 10% post Q4 biz update; will March qtr nos support rally? | Shares of Info Edge soared 9.8 per cent to Rs 6,234.95, also its fresh 52-week high, on the BSE in Monday's intraday trade after the tech-firm posted robust business growth in the March quarter.
At 10:42 AM, shares of the company were up 8.... |
| 08.04.2024 | Stock of this shipbuilding company has zoomed over 100% in 5 months | Shares of Cochin Shipyard (CSL) hit a new high of Rs 1,154, surging 7 per cent on the BSE after the company signed the Master Shipyard Repair Agreement (MSRA) with the United States Navy.
CSL in an exchange filing said the MSRA is a non-fin... |
| 08.04.2024 | Analysts bearish on Wipro after Delaporte's exit, see up to 15% downside | Even as Srini Pallia, a Wipro veteran, is set to take charge as the chief executive officer (CEO) of the company, analysts expect the stock's underperformance to continue in the near-future. This, they believe, will be on the back of likely... |
| 14.08.2023 | Aster DM Healthcare Q1 FY24 Revenues up 21% YoY to Rs. 3,215 Crs Q1 FY24 EBITDA up 33% YoY to Rs. 388 Crs | Bangalore, Karnataka, India
India revenues up 29% to Rs. 838 Crs.; EBITDA grew 47% to Rs. 123 Crs.
GCC revenues up 18% to Rs. 2377 Crs.; EBITDA grew 27% to Rs. 265 Crs.
Aster DM Healthcare, one of the leading private healthcare service prov... |
| 15.07.2023 | Aster DM Healthcare Successfully Rebrands Ramesh Hospitals to Aster Ramesh Hospitals, Affirms Strong Performance and Focus on India Amidst Ongoing Expansion | Mumbai, Maharashtra, India
The rebranding exercise has been completed for all the 4 Ramesh hospitals in Andhra Pradesh
With this, promoters reaffirm its commitment to India after the 4% increase in equity stake by Dr. Moopen’s family
Aster ... |
| 20.04.2023 | Nurse Shanti Lakra from India Selected as a Finalist for the Aster Guardians Global Nursing Award 2023 | Bangalore, Karnataka, India
The general public voting system is now open to select the winner of the 2023 Aster Guardians Global Nursing Award
10 finalist nurses have been selected from more than 52,000 entries from 202 countries
The grand ... |
| 13.02.2023 | Digital health news, funding round up in the prior week; February 13, 2023 | ShiftMed raised $200M; CVS Health bought Oak Street Health; Blue Shield of California added Virta
Top Health News
VideaHealth, a dental artificial intelligence platform, announced the U.S. Food and Drug Administration (FDA) issued 510(k) cl... |
| 22.12.2022 | Spreading the festive cheer to our NHS heroes | UK entries for the World’s Best Nurse award have been extended to 10th January 2023
Nominations can come from members of the public wishing to celebrate their NHS heroes, or from nurses themselves
The winner will be announced on Internation... |
| 06.12.2022 | Deadline for Aster Guardians Global Nursing Award 2023 Worth USD 250,000 Extended Till 12th December | Bangalore, Karnataka, India
Nurses from around the world can submit their nominations via www.asterguardians.com.
Aster Guardians Global Nursing Award 2023 will be held in London, UK on 12th May, 2023.
Aster Guardians Global Nursing Award, ... |
| 17.10.2022 | Can The Metaverse Drive The Metamorphosis Of Healthcare? | Cardiologist doctor wearing virtual reality glasses checking heart disease and report testing result ... [+] with simulator interface, Metaverse. Science and medicinegetty |
| 26.09.2022 | Aster Guardians Global Nursing Award 2023 Worth USD 250,000 is Now Open for Nominations from Nurses Worldwide | Bangalore, Karnataka, India
Aster Guardians Global Nursing Award is one of the world’s top awards in nursing with the highest prize money
The first edition was held in Dubai on International Nurses Day in May 2022 which saw Nurse Anna Qabal... |
| 23.09.2022 | Aster Hospitals Bangalore Launches 'Aster International Institute of Oncology' | Bangalore, Karnataka, India
Aster Hospitals Bangalore, a unit of Aster DM Healthcare has launched an institute of oncology under the banner - Aster International Institute of Oncology (AIIO). This newly launched institute will be the centre... |
| 26.05.2022 | Aster DM Healthcare FY22 Consolidated Revenue from Operations up 19 percent to Rs. 10,253 Crs. and PAT up 238 percent to Rs. 601 Crs. YoY | Bangalore, Karnataka, India
Q4 FY22 consolidated revenue from operations up 14% to Rs. 2,728 Crs. and EBITDA up 44% to Rs. 463 Crs. YoY
For the full year, India revenue from operations is Rs. 2,384 Crs., up 44%, EBITDA at Rs. 353 Crs., up 1... |
| 23.05.2022 | National Institute of Technology Signs MoU with Dr. Moopen's Medical College to Undertake Collaborative Research in Healthcare | Dubai, United Arab Emirates
The National Institute of Technology - Calicut (NIT-C) inked a Memorandum of Understanding (MoU) with Dr. Moopen’s Medical College (DMMC), Wayanad, on May 16, 2022 to initiate collaborative work in the field of r... |
| 13.05.2022 | Ahmed bin Saeed Honours the Winner of the First Aster Guardians Global Nursing Award 2022 | Dubai, United Arab Emirates
Anna Qabale Duba from Kenya named the winner of the USD 250,000 Award
Award ceremony held in Dubai on International Nurses Day
Special video message of Dr. Tedros Adhanom Ghebreyesus - Director General of World ... |
| 12.05.2022 | Ahmed bin Saeed Honours the Winner of the First Aster Guardians Global Nursing Award 2022 | Anna Qabale Duba from Kenya named the winner of the $250,000 Award
Award ceremony held in Dubai on International Nurses Day
Special video message of Dr. Tedros Adhanom Ghebreyesus - Director General of World Health Organisation, highlights ... |
| 12.04.2022 | Top 10 Finalist Nurses Announced for Inaugural Aster Guardians Global Nursing Award | Selected from over 24,000 nurses from 184 countries, out of these 10 finalists, one nurse would win the grand award of $ 250,000
The 10 finalists will now undergo a public voting process starting from 26th April, followed by final evaluatio... |
| 02.06.2021 | Middle East’s Aster DM Healthcare announces partnership with Roche Diagnostics | Photo: Courtesy of Aster DM Healthcare |
| 23.07.2019 | Hospital Chain Aster DM Healthcare Founder Says Being In Delhi Is Like Swimming With Sharks | Dr. Azad Moopen of Aster DM Healthcare. |
| - | Aster DM Healthcare | “Aster DM Healthcare is a public-based premium healthcare provider founded in 1987. Currently operates a range of healthcare units from Aster hospitals, diagnostic centres, clinics, medical centres, pharmacies and healthcare consultancy ser... |