Emami to invest Rs 2k cr in healthcare
Emami, the Kolkata-based diversified group, would be investing about Rs 2,000 crore in the next two years in the healthcare segment.
September 19, 2011 | comments ( 0 ) |
Emami, the Kolkata-based diversified group, would be investing about Rs 2,000 crore in the next two years in the healthcare segment. Advance Medicare and Research Institute (Amri) Hospitals Ltd, controlled by Emami, is setting up seven hospitals across north and east India, with an investment of Rs 1,750 crore. Another Rs 300 crore would be spent on adding beds at existing hospitals. Aditya Agarwal, Director, Emami, said, “We are considering a mix of debt and equity. Though we have not finalised the plans, PE players have shown interest in the company (Amri) and we are also considering those options.” He refused to disclose the figures.
- Microsoft starts retailing of Amazon Echo devices online and in stores
- ShopClues launches its first offline store in Lucknow
- Crocs opens its 100th store in India
- Williams-Sonoma, Inc. announces partnership with Reliance Brands for India Market
- Instant noodle brand YiPPee crosses Rs 1,000 crore sales mark
- Myntra CEO & CFO quit
- Levi Strauss plans to launch IPO
- Coffee Day Enterprises profit up by 60% in Q2 results
- Ecommerce to contribute 11% of FMCG sales by 2030: Nielsen
- Perpule Raises $4.7 million in Series A to Fuel Omni-Channel Retail & Consumer Commerce in India