Aster DM completes separation of Gulf business, plans to add 1,700 beds in India in next 3 yearsAster DM Healthcare has finalized the separation of its India and Gulf (GCC) businesses. A consortium led by Fajr Capital acquired a 65% st...
Aster DM to tap private equity investors for its India business"We are getting a lot of inbound interest from investors in the last six months; now it has increased," Dr. Azad Moopen, chairman of Aster ...
Aster rebrands Andhra-based Ramesh HospitalsAster DM Healthcare has completed the rebranding of Dr. Ramesh Hospitals in Andhra Pradesh to Aster Ramesh Hospitals. This came after an in...
Aster DM promoter family increases stake by 4%With the latest share purchase, the promoters of Aster DM Healthcare have increased their shareholding in the India-listed company to 41.88%
Buy Aster DM Healthcare, target price Rs 260: JM FinancialAster DM Healthcare key Products/Revenue Segments include Hospital Services, Pharmaceuticals, Other Operating Revenue, Other Services, Cons...
Buy Aster DM Healthcare, target price Rs 300: ICICI DirectEBITDA margins are likely to show an uptick of 450 bps QoQ to 15.80% due to likely improvement in margins for GCC hospitals.
Aster enters in pact to run 100 bedded tertiary care hospital in KarnatakaAster said the agreement to run Madegowda hospital is part of the hospital chain's asset light model undertaken to add upto 500 – 700 beds ...
Buy Aster DM Healthcare, target price Rs 270: JM FinancialAster DM Healthcare, incorporated in the year 2008, is a Mid Cap company (having a market cap of Rs 11663.63 Crore) operating in Hospitals ...
Aster Healthcare to invest Rs 1,000 cr in five new hospitalsThe hospital chain, which began in Dubai as a drug distributor in 1987, will add one more facility each in Hyderabad, Bangalore and Chennai...
Indian-owned medical firm in UAE to provide healthcare at homeA Dubai-based Indian-owned healthcare firm has launched a programme aimed at providing medical services to the local community at their hom...
Aster DM Healthcare buys Saudi's Sanad hospital for Rs 1.6k croreAster DM Healthcare, Moopen’s company, bought the additional 57 per cent from a Saudi partner to up total stake to 97 per cent.
Aster Health lines up 3 banks for Rs 1.2k crore IPOBesides hospitals, Aster runs pharmacies, diagnostic centres and medical clinics across Middle East, India and South East Asia.
UAE-based healthcare group offers cash, jobs to 46 Indian nursesMoopen also offered job opportunities to those who are interested in various establishments in India and abroad.
More assurance of help to 46 nurses from strife-torn IraqOf the 46 nurses, 45 hail from various districts of Kerala and one belongs to Tuticorin in Tamil Nadu.
Aster DM Healthcare to raise $65 million from PE backersThis is the third major round of funding for the hospital chain, which raised Rs 175 crore from IVFA in 2008 followed by a Rs 500 crore rou...
- NRI Doc offers free heart surgery to needy Filipino children
In a charitable initiative, an NRI doctor has offered free paediatric cardiac services for 50 needy Filipino children in the next two years
Expat workforce in Gulf Countries facing challengesMoopen, who has a network of 150 healthcare establishments, feels India can learn much from the quality aspect there.