Meanwhile, lenders of the chain, led by Axis Bank, moved court to seek repayment of dues of about Rs 900 crore.

Dr. Ravindra Karanjekar, the chief executive officer of Seven Hills Healthcare denied any plans of a stake sale.

“Depending on valuation, the investors as well as the promoters could look at selling up to a 75% stake in the company,” an investment bank...

The Ambanis had shown a preliminary interest when Dr Maganti hit the market to raise funds two years ago, but talks didn't progress, source...

The possible transaction will mark the biggest M&A deal after Fortis bought Wockhardt's 10 hospitals for Rs 909 crore in 2009.

Seven Hills Healthcare owner Jitendra Das Maganti and private equity investor JPMorgan will jointly sell their majority stake in the 2,000-...

The private equity arm JP Morgan will infuse capital to keep afloat SevenHills Hospital and convince lenders to restructure its loans.

The private equity arm of the US bank JP Morgan will infuse capital to keep afloat SevenHills Hospital and convince lenders to restructure ...

Axis Bank has the highest share of SevenHill’s liabilities at Rs 416 crore, followed by Union Bank of India at Rs 63 crore and Allahabad Ba...