Hospital stocks fall as SC questions drug mark-ups

Hospital stocks came under pressure after the Supreme Court raised concerns over steep mark-ups on medicines sold through corporate hospitals.

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IHH plans to raise Fortis stake to 51%, expand capacity to 10,000 beds by 2031

IHH Healthcare aims to raise its stake in Fortis Healthcare to 51 percent within three to five years. The company intends to increase Fortis' total capacity to around 10,000 beds by 2031. This decision follows a Supreme Court ruling concerning a forensic audit of Fortis. IHH confirmed it was not involved in ongoing disputes between Fortis and prior management.

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'This is carnage', says SC on markup of 10 times on cancer drugs by hospitals

A bench of Justices Vikram Nath and Sandeep Mehta asked the Centre to look into the issue of hospitals mandating the purchase of medicines from their chemists and said it is the common man who suffers from this system.

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SC draws the line on Fortis audit, says no ‘fishing and roving’ probe into banks

The Supreme Court clarified the forensic audit's focus is on Fortis Healthcare Holdings Private Limited and the Singh Brothers. This audit is not a broad inquiry into the dealings of other banks. The court highlighted the audit relates specifically to transactions between FHHPL, FHL, and banks involved. The clarification came in response to a prior ruling by the Delhi High Court.

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93% of govt hospitals in Odisha lack fire safety certificates: Data

Govt data placed in the assembly on Monday, which reveals fire safety compliance by only 7% of the hospitals, said Odisha has 747 govt-run healthcare institutions, including medical colleges and hospitals, district headquarters hospitals, sub-divisional hospitals, community health centres and primary health centres.

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AIIMS Delhi gets nod for new critical care facility, multi-level parking

The approval was granted after DUAC examined a revised proposal submitted by Central Public Works Department (CPWD) through Online Proposal Assessment and Approval System (OPAAS). The commission had earlier withheld approval in Sept 2024 and sought modifications to the design and planning of the project.

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Fortis says no role in Daiichi-Singh Brothers dispute as SC allows forensic audit

In a regulatory filing in response to the Supreme Court’s order, Fortis said “it is a complete stranger to the underlying dispute between Daiichi Sankyo and the Singh Brothers, and accordingly was never a party to the arbitration proceedings between them, and is neither a judgment debtor nor a garnishee in respect of Daiichi Sankyo’s decree.”

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Apollo Hospitals appoints Upasana Konidela as director of projects

Based in Hyderabad, Konidela will work with Apollo’s leadership, clinicians and project partners on new hospitals, brownfield expansions and upgrades to existing facilities.

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Adani Group sets Rs 1 lakh crore Bengal investment target, unveils Rs 4,000 crore hospital

Gautam Adani announced plans to invest over Rs 4,000 crore in a healthcare facility in West Bengal. This investment will establish a 2,000-bed not-for-profit medical institution by 2035. Of these beds, 1,000 will be allocated for economically weaker sections under health insurance schemes. The overall plan aims for investment exceeding Rs 1 lakh crore in various sectors.

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Malaysia's IHH's unit appeals dismissal of Daiichi Sankyo damages claim

(Updates with further details from paragraphs 2 onwards)- Malaysia's IHH Healthcare said on Thursday its subsidiary has appealed a Tokyo court's dismissal of its damages claim

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Hospitals’ body rejects hotel analogy for room charges, urges balanced approach to affordability

In a response to the Parliamentary Standing Committee report on “Affordability and Accessibility of Healthcare Facilities in Public and Private Sector”, AHPI said it welcomes the overall intent and several recommendations while calling for a balanced, evidence-based approach to healthcare affordability and accessibility.

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How India’s smaller hospitals are becoming the next big digital health market

Smaller hospitals in India are becoming the new digital health market. As the Ayushman Bharat Digital Mission expands, the demand for digital solutions had increased. Healthcare tech companies are focusing on providing solutions tailored to smaller providers. Despite challenges in implementation, the integration into existing workflows could improve patient experiences significantly.

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Crisil revises Metropolis Healthcare outlook to 'positive'; reaffirms 'AA-' rating

The rating agency also reaffirmed its short-term bank facility rating at 'Crisil A1+', according to a note from Crisil Ratings. Crisil said the outlook revision reflects the expected improvement in organic revenue growth, profitability, and cash accruals, along with a meaningful turnaround in its recent acquisition, Core Diagnostics Pvt Ltd.

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Fortis investors flag legal overhang after Delhi HC order

Domestic and foreign institutional investors of Fortis Healthcare (Fortis) have expressed concern that the Delhi High Court’s order seeking a forensic audit of transactions involving its former promoters. The Aug 31 high court order came in a case arising from Japanese firm Daiichi Sankyo’s efforts to enforce its arbitral award against the erstwhile Fortis promoters. Last week, Fortis filed a special leave petition (SLP) in the Supreme Court challenging the order.

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Brainlab, Amrita Hospital Faridabad launches North India's first brain and spine CoE

“The facility will be used for complex operations on the brain and spine, as well as a platform for clinical training, technology demonstrations and the sharing of knowledge between surgeons and health care professionals,” the two organisations said.

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Private Equity perception in the public needs to change: B.S. Ajaikumar

HCG Founder and Non-Executive Chairman Dr B.S. Ajaikumar has defended private equity’s role in Indian healthcare, saying investors can bring capital, operational discipline and technology without interfering in clinical decision-making. In an interview with ETHealthworld, he opposed arbitrary hospital price caps, responded to the CDSCO suspension of the ethics committee at HCG-Bangalore Institute of Oncology, and called for wider government support to make costly immunotherapy treatments accessible to cancer patients.

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Artemis Medicare shares gain 26% in 3 months; analysts see 30% upside

The newly operational Artemis Shanti Hospital in Raipur is expected to be a key growth driver for the company, though its earnings contribution is likely to be gradual. The 300-bed facility commenced operations in July.

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Manipal Hospitals repays Rs 5,310 crore debt from IPO proceeds

The healthcare major said, “The redemption was undertaken using the relevant portion of the IPO proceeds, in accordance with the objects of the Initial Public Offering disclosed in the Prospectus dated July 31, 2026.”

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Manipal Hospitals repays Rs 5,310 crore debt from IPO funds

The healthcare major said, “The redemption was undertaken using the relevant portion of the IPO proceeds, in accordance with the objects of the Initial Public Offering disclosed in the Prospectus dated July 31, 2026.”

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Advent International joins India’s hospital gold rush with Rs 3,150 crore Yatharth bet

Advent International will invest Rs 3,150 crore in Yatharth Hospitals for a significant stake. This marks one of the largest private equity investments in India's hospital sector. The investment comes amid rising demand for quality healthcare services. Yatharth operates a growing hospital network across North India. The deal aims to accelerate Yatharth's next phase of growth.

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