India continues to draw Gulf hospital groups, as NMC looks set to follow in Aster DM and VPS Healthcare’s footsteps by buying Sunshine Hospitals of Hyderabad. The Emiratis will pay INR 4bn (US$60m) for a 65% stake in a group with around 500 beds that made EBITDA of INR 33.2m (US$0.5m) on sales of INR 1,572m (US$23.7m), in the financial year ending March 2015.