Max Healthcare To Acquire Stake In Eqova Healthcare

Max Healthcare Institute Ltd. announced acquisition of equity stake in Eqova Healthcare.

  • Shares equivalent to 26% of stake in Eqova shall be acquired in the first tranche. The cost of acquisition of tranche 1 shares if Rs 47.18 crore.
  • The acquisition of remaining equity stake will be completed in a phased manner.
  • Eqova has long-term exclusive rights to aid development of and provide medical services to a 400-bed hospital to be built on Patparganj, Delhi.

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Budget 2022 LIVE Updates [01-02-2022]

Finance minister Nirmala Sitharaman presented the fourth Budget of the Modi 2.0 government today. The stage for the Budget presentation was set by the Economic Survey stating that the government has the fiscal space to do more to support the economy that is forecast to grow at a healthy 8-8.5 per cent growth in the 2022-23 fiscal.

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