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India

 

Metropolis denies it is open to bidders

Metropolis Healthcare, the big Indian diagnostic and pathology group, is determined to forestall potential predators despite talk of a $1bn joint bid from hospital chain Apollo and conglomerate Adani Group.

India’s Unicorns and Soonicorns

India’s health startups have attracted crazy levels of investment, creating five unicorns in a year, with more to follow. HBI takes a closer look.

IHH to “vigorously defend” $6.5bn lawsuit

Listed Malaysian hospital group IHH Healthcare says it will 'vigorously defend' a $6.5bn suit by US fund Emqore relating to the issuance of shares by IHH-owned Indian hospital group Fortis.

$7bn Indian insurance IPO fails to cover book

Indian private health insurer Star Health has seen just short of four-fifths of its IPO offer subscribed in the past three days of book building. However, local press reports that the listing will still go through thanks to a downsized secondary offer.

Booster blunder puts staff at risk

The Indian government's slowness to approve booster shots is putting lives at risk - particularly those of front line medical staff whose immunity is waning. HBI speaks to a disappointed operator source in the country to find out more.

Aster DM to focus on ‘high-growth’ Indian business

UAE and Indian hospital business Aster DM has tasked bankers to look at a demerger between the two geographies. Chairman Azad Moopen has said this makes more room for capex on the high-growth Indian business. 

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