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NMC HEALTHCARE GROUP
Reliance, Capri Global to acquire Mumbai’s SevenHills HospitalReliance Industries and Capri Global will acquire Mumbai’s 1,500-bed SevenHills Hospital, ending an eight-year impasse. The hospital will b...- EY accused of actively concealing NMC Health audit fraud from investorsThe hospital operator’s founder, Bavaguthu Raghuram Shetty, said the accounting giant enjoyed a “deep and cozy” relationship with executive...
- Abu Dhabi's Mubadala interested in buying NMC hospital business: SourcesNMC, the largest private healthcare provider in the United Arab Emirates, ran into trouble last year after the disclosure of more than $4 b...
- Abu Dhabi fund, CVC, among suitors for $1 billion NMC hospital businessHospital operators in the region have reported higher profits for last year as the COVID-19 pandemic led to higher in-patient occupancy.
- BR Shetty seeks probe by CBI, ED into $6 billion ‘fraud’ in his companiesThe founder of hospital chain NMC Healthcare and UAE Exchange has sent a written complaint to the Central Bureau of Investigation and Enfor...
- BR Shetty: What's in a name? Banks count cost of loans in NMC collapseBR Shetty's NMC imploded this year on allegations of fraud & disclosure of more than $4 bn in hidden debts.
- Abu Dhabi wealth fund weighs stake in BR Shetty’s troubled NMCThe potential deal comes as NMC faces allegations by Carson Block’s Muddy Waters Capital LLC that its financial statements hint at potentia...
- Jet-setting billionaire Bavaguthu Raghuram Shetty had it all. Then Carson Block came alongShetty founded NMC in 1975 after moving to Abu Dhabi from his native India. He created Finablr two years ago to consolidate his financial b...
- How Muddy Waters is hammering Indian billionaire’s NMC HealthNMC’s margins are “too good to be true” relative to peers, said Muddy Waters.
- National Medical Commission Bill gets Cabinet nod, to be introduced in current session of ParliamentThe NMC Bill proposes a common final year MBBS exam, to be known as National Exit Test (NEXT), for admission to post-graduate medical cours...
- UAE-based Indian billionaire Shetty hit by double blow in stock marketShetty, 76, a native of Karnataka state in southwest India, moved to Abu Dhabi in 1973 and founded NMC in 1975.
- IIM Udaipur concludes summer placementsWith a 28% increase in batch size over the previous year, the institute has managed to place its batch of 232 students, with 37% non-engine...
- UAE Exchange and Travelex to go for global IPOShetty who was in Kochi, said the UAE Exchange which acquired the premier retail forex company Travelex last year is planning to go for a g...
- Sunil Vaswani tops list rich Indians list in the Gulf regionDubai-based Sunil Vaswani, whose firm, Stallion Group, is worth $7.2 billion, has topped the Indian rich list for 2015 in the Gulf region.
- 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.
- UAE-based Indian businessman offers jobs to 46 Indian nursesNMC Healthcare Group CEO Dr B R Shetty has made the offer to nurses, assuring them he would find place for them in the UAE, an NMC official...
- India-born B R Shetty buys Travelex for Rs 9,800 croreApax had previously been planning a London listing of Travelex in May or June this year. The market for listings has cooled in recent weeks.
- NMC Group plans to invest Rs 500cr in Indian healthcare sectorAbu Dhabi-based New Medical Centre group plans to invest Rs 500 crore in healthcare sector in India, company's CEO B R Shetty has said.
- BR Shetty, owner of 2 floors in Burj Khalifa, wants to bring NMC hospital chain to IndiaBesides big investments, Shetty's NMC Healthcare will be running a chain of super-speciality hospitals in India, if things go according to ...
- NMC Healthcare plans to set up hospital in ManipurShetty’s group NMC Healthcare has six healthcare facilities in the UAE and has acquired a hospital in Alexandria, Egypt.
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