Latest news with #Apte
Yahoo
6 days ago
- Business
- Yahoo
Manipal and Fortis to raise funds to bid for Sahyadri Hospitals
Indian companies Manipal Health Enterprises and Fortis Healthcare are in discussions with international financial institutions to secure financing to support their acquisition efforts, as the bidding deadline of 22 June for the multispeciality hospital chain Sahyadri Hospitals approaches. The lenders include DBS Group Holdings, Mizuho Bank, Deutsche Bank, HSBC Holdings, and Barclays, people with knowledge of the matter said. The financing, which aims to back respective bids of the two companies, ranges from Rs30bn to Rs50bn ($347.61m to $579.35m). Aster DM Healthcare, another contender in the bidding process, has not yet finalised its financing plans, according to sources. The sale of Sahyadri Hospitals is being orchestrated by Ontario Teachers' Pension Plan (OTPP), which holds a 98.9% stake in the hospital chain. OTPP, with more than $3bn in investments, appointed Jefferies to manage the sale earlier this year. The Canadian pension fund had acquired Sahyadri Hospitals at a valuation of Rs25bn from Everstone Capital, which had previously purchased the chain from its founder, Dr Charudutt Apte, in 2019 for Rs10bn. Sahyadri Hospitals, founded in 1996 by neurosurgeon Dr Apte, operates 11 hospitals with 1,300 operational beds across Pune, Nashik, and Karad in the state of Maharashtra. The healthcare provider is part of several government health schemes, including Ayushman Bharat and the Central Government Health Scheme (CGHS). This acquisition comes at a time when India's hospital sector is undergoing consolidation. In February, Fortis Healthcare signed definitive agreements to acquire Shrimann Superspecialty Hospital in Jalandhar, Punjab, India. The acquisition, from partnership company inter alia Shriman Enterprises through a slump sale, is part of Fortis' strategy to expand its network in the region. "Manipal and Fortis to raise funds to bid for Sahyadri Hospitals" was originally created and published by Hospital Management, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Time of India
15-06-2025
- Business
- Time of India
Manipal, Fortis in talks to raise Rs 5,000 cr for Sahyadri Hospitals bid
With the bidding deadline for Sahyadri Hospitals approaching on June 22, interested bidders including Manipal Health Enterprises and Fortis Healthcare are engaging with foreign lenders to raise financing of up to Rs 5,000 crore, people familiar with the matter said. The funds will be used to back their respective bids for the multispecialty hospital chain. The two hospital operators are in discussions with banks including DBS Group Holdings , Deutsche Bank AG, Mizuho Bank, HSBC Holdings and Barclays, the people said, asking not to be named. Aster DM Healthcare , another potential bidder, is yet to firm up financing discussions, the people said. "Fortis and Manipal are in talks with global banks to raise anywhere between Rs 3,000 crore and Rs 5,000 crore to fund the acquisition of Sahyadri Hospitals," one of the people quoted above said. Spokespersons of Manipal, Fortis, DBS, HSBC, Barclays, DB and Mizuho did not immediately respond to requests for comment. Ontario Teachers' Pension Plan (OTPP), which owns a 98.9% stake in Sahyadri Hospitals, is selling the asset less than three years after acquiring control. Sahyadri was Ontario Teachers' first control private equity buyout in India. The Canadian pension fund, which has more than $3 billion invested in India, hired Jefferies earlier this year to run the sale process. ET had reported on December 6, 2024 that OTPP will launch a process to sell Sahyadri Hospitals. OTPP had acquired the company from Everstone Capital at a Rs 2,500 crore valuation, which had earlier bought the chain from founder Dr Charudutt Apte in 2019 for Rs 1,000 crore. OTPP is a global investor with net assets of $266.3 billion as on December 31, 2024. Sahyadri operates 11 hospitals with 1,300 operational beds across Pune, Nashik and Karad in Maharashtra. Its facilities cover specialties, including cardiology, transplants, neurology and critical care. It has over 2,500 clinicians and 3,500 supporting staff. The company is empanelled under several government health schemes, including Ayushman Bharat and CGHS. It was founded in 1996 by Dr Apte, a neurosurgeon. The bidding for Sahyadri comes amid consolidation in India's hospital sector. Late last year, Blackstone and TPG-backed Quality Care India announced a merger with listed Aster DM to form India's third-largest hospital chain with over 10,000 beds. "Post the Covid pandemic, the Indian hospital segment has been in investors' limelight due to a surge in primary market transactions with six hospitals concluding their IPOs, rising interest from new investors, predominantly private equity, for ownership, record FDI inflow into hospitals in FY24 at $1.53 billion, which is 50% of the overall investment in healthcare vs the 27% cumulative share since FY12 and aggressive bed expansion plans of listed hospitals," Tausif Shaikh, India analyst-pharma and healthcare at BNP Paribas India, said in a report released last year.
GMA Network
07-06-2025
- Business
- GMA Network
Vena Group forms AI-ready data center development unit
Vena Global Group Pte Ltd or Vena Group has announced the launch of Vena Nexus Group Pte Ltd. —its wholly owned subsidiary dedicated to the development of AI-ready data center infrastructure (AI-DC). In a news release, Vena Group said it has transferred all related activities, personnel, and development pipeline for AI-DC solutions from Vena Energy, its renewable energy arm, to Vena Nexus. The company said the move reflects its goal to deliver hyperscale-grade data center campuses deeply integrated with large-scale renewable power projects, as well as distributed edge facilities co-located with its renewable energy sites. 'With traditional workloads continuing to grow and AI demand for power-secure infrastructure accelerating across APAC, Vena Nexus represents the natural extension of our platform into high-performance, AI-ready digital infrastructure,' said Nitin Apte, CEO of Vena Group. 'The establishment of Vena Nexus enables sharper execution, focused capital deployment, and dedicated partnerships, while maintaining strong integration with Vena Energy as the power enabler behind our digital growth,' said Apte. Vena Nexus inherits a pipeline of approximately 3 GW (gigawatts) of data center developments originally initiated within Vena Energy, including over 1 GW of AI-DC projects with secured power, land, and permits. Vena Nexus, it said, is backed by a team of 60 specialists across data center development, digital infrastructure, commercial strategy, and investment. The new unit also leverages Vena Group's broader corporate platform, comprising nearly 700 professionals in development, construction, and operations, and more than 300 specialists in legal, finance, ESG, procurement, and other corporate functions. Vena Group's current footprint includes Japan, Singapore, Malaysia, and the Philippines, with ongoing expansion into Thailand, South Korea, Australia, and other existing Vena Group markets across the Asia Pacific region. —VAL, GMA Integrated News
Time of India
01-06-2025
- Entertainment
- Time of India
Radhika Apte expresses challenges for new mothers in film industry: 'I don't know how I am going to navigate it'
Radhika Apte , who announced her pregnancy last year at the BAFTA Awards, now opened up about the difficulties new mothers face in the demanding film industry. Her British film, Karan Kandhari's black comedy Sister Midnight, which premiered at Cannes last May, is now releasing in India, and Apte's daughter is six months old. Short maternity leave and Industry realities Radhika had a remarkably short "maternity leave," returning to work just a week after her daughter's birth. Last December, she even shared a picture of herself attending a virtual work meeting while breastfeeding, highlighting her immediate return to professional life. While virtually speaking to SCREEN from London, Apte candidly addressed whether the film industry is supportive of new mothers. "I don't think they are. I don't know how I'm going to navigate that going ahead," she confessed. Her statement comes amid a broader discussion within the industry, with reports suggesting actors like Deepika Padukone potentially walking out of films over concerns like requesting eight-hour shifts post-pregnancy. While actor-producer Ajay Devgn recently defended the industry, claiming shorter shifts are now common for everyone, Apte emphasized the unique challenges for new mothers. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Най-продаваните ежедневни обувки това лято – виж защо! ZAROTRAVEL® КУПИ СЕГА Undo "It's really difficult to work in our film industry, given the number of hours and how we film generally, and the time for which we don't get to see the child. So I guess I'll just have to figure it out now," she explained. This challenge is compounded by Apte's long-standing practice of dividing her time between India and London. A shifting focus from acting to screenwriting Even before embracing motherhood, Radhika found herself dissatisfied with the acting roles coming her way, which led her to explore screenwriting. She previously directed the short film The Sleepwalkers, starring Gulshan Devaiah and Shahana Goswami, available on MUBI. "I'm tired of acting because you don't necessarily get the kind of work you want. I'm tired of doing the same thing or doing things just for the sake of it," she admitted, explaining her decision to be more selective. Apte revealed that writing began out of this frustration, allowing her to explore subjects that weren't offered to her as an actor. She unexpectedly found joy in the process, inspiring her to delve deeper into it. On the acting front, Radhika will next be seen in Dharmaraj Shetty's revenge thriller show Akka on Netflix India and Justin Lin's American film Last Days, which premiered at the Sundance Film Festival this year. Embracing character transformation beyond stereotypes Discussing her role as Uma in Sister Midnight, Apte highlighted her fascination with the character, a "small-town misfit who became an accidental outlaw." Uma enters an arranged marriage and undergoes a bizarre, supernatural transformation. When asked if it was fun to break out of the "demure homemaker mould" often seen in roles like her character in Pad Man, Apte clarified her artistic approach. "There's nothing wrong with playing a demure homemaker. It was never my intention to play a badass. It's about the character, the arc, and the story you're trying to tell," she stated. She emphasized the relatability of Uma's journey: "The emotional transformation is the acceptance of who she is. She discovers herself after becoming an outlaw. That self-discovery is very relatable. It's not about womanhood. It's applicable to any individual who finds discomfort in adjusting to a structure or a society.' Check out our list of the latest Hindi , English , Tamil , Telugu , Malayalam , and Kannada movies . Don't miss our picks for the best Hindi movies , best Tamil movies, and best Telugu films .
NDTV
30-05-2025
- Entertainment
- NDTV
Radhika Apte NDTV Exclusive: "Wish I Got More Work, Not Going To Lie," Says The Sister Midnight Actress
Radhika Apte's latest release Sister Midnight has hit the screens today in India, the actress gets candid about her work and thoughful career choices "I ran away!" That is the first reaction Radhika Apte has when asked about her version brush with Mumbai's jostling crowd. The point in case, Mumbai is also the backdrop of Radhika Apte's critically acclaimed film Sister Midnight which has been released in theatres today. The film had its premiere at the 2024 Cannes Film Festival. It was also nominated for the Golden Camera Award in Director's Fortnight during Cannes 2025 along with a nomination for Outstanding British Debut at BAFTA Awards 2025. View this post on Instagram A post shared by Karan Kandhari (@deathpunkbaby) Advertisement - Scroll to continue It's raining accolades for Sister Midnight, but Apte has her composure right in place. She shows no signs of overrated euphoria on her film being showered with love. The actress is also detached from the usual shenanigans these days when it comes to film promotions. No big entourage, no mindless social media collaborations, no going gung-ho about it. In an exclusive conversation with NDTV, Radhika is brutally honest about calling a spade a spade. She also shares her insights on offbeat films finding their place among Indian audiences, and chuckles when asked about when she would reclaim her title as "Netflix's Poster Girl." Radhika Apte On Over The Top Promotional Plans Impacting A Film's Performance "It depends on what you want, and it's not my target. It's such a waste of time according to me. It's exhausting. I don't want it." shares Radhika. However, the actress quickly adds that it is not like she has never done it. From upping her social media game, to being in the limelight, there was a time when she simply had to do it all and she was up for it. But not anymore. Apte says, "It doesn't make sense to my brain either because it's like there's so many other things to do in life. And there's never time to do any of that if you're doing this. So I just stopped doing that after a point." The actress reveals that she witnessed her brand collaborations and commercial viability declining soon after. It was a clear demarcation of how people who are cognizant of all the necessities to make their films work, were grabbing all the right eyeballs. Perhaps, what she had to let go of when she decided to step back. Is The Audience Ready To Watch Niche Films Like Sister Midnight? The depleting side of offbeat films that traverse Film Festivals across the globe, is somewhere still lacking to receive that validation from their own people. Taking the latest film into consideration, Zoya Akhtar and Reema Kagti's Superboys of Malegaon had a terrific run at all the notable International Film Festivals. It premiered on September 13, 2024, at the 49th Toronto International Film Festival. It was also screened at the BFI London Film Festival, Red Sea Film Festival, and Palm Springs International Film Festival. Add to that, it bagged the Best Film award at the National Indian Film Festival of Australia. But were the theatres thronging with cinemagoers when it was finally released in India, on February 28, 2025? Not really, then how far have we come as consumers of good cinema? Radhika reacts, "I don't think we should assume that the audiences don't understand how to watch a certain content. We do look at cinema as an escape. We do look at cinema or entertainment for a quick release of stress and anxiety. So it's not easy to change that. It's very difficult to then make somebody like that sit and ask them to watch something slow. Just because it's arty, it doesn't mean it is a great film. I have seen some exceptionally boring ones too. But in India, I think it's a hard one to change." Radhika Apte On Her Mumbai Debut: "I Got So Depressed, I Packed My Bags And Left" Circling back to how her film Sister Midnight is set in Mumbai, Radhika expresses the angst she felt when she first came to the city. But like they say, before it gets better, it gets a lot worse. Radhika agrees as she reveals, "I gave up. I got so depressed, that I packed my bags and left. I said I don't want to do this again. But then I met my partner in London, who knew people in Mumbai, and he came, he left England, came to stay with me. There's nothing for him in Pune. I think the key for me to survive in any place is to meet with the locals and become friends." To add a little context to why debating about Mumbai's hustle and bustle made sense here, Radhika essays the character of Uma, a newly wedded wife in Sister Midnigh t. Losing her way in the new domestic life that she has to adhere to, Uma has a turmoil of exasperation rousing within her. Uma is bold, feral, and opinionated. The more she tries to break through the shackles of her new life, the more she gets entangled in it. Speaking of being unhinged, Radhika chimes in, "I did find myself a lot in Uma and I find a lot of Uma in me reflecting in many times. There's something quite rebellious about her and I think that's something that I resonate with because I'm not pompously calling myself a rebel, but I at least question things. I do find that to be very similar and I have quite a foul mouth. So I think that's another similarity." Is Radhika Apte Creatively Satisfied With The Work Done So Far? In an earlier interview this year, Radhika Apte's potential was termed as vastly untapped. Does the actress agree? She enjoys having the privilege to take a call, and do work that truly is a testament to what she brings to the table. But then there are lost opportunities purely because of commercial limitations, which probably stops filmmakers and producers from casting her in meatier roles. Radhika says, "Sometimes, I do wish it was easier to get parts that I want. I don't have to keep fighting for certain things. I wish there were more opportunities, not going to lie. There have been films when I always go on set for such a limited number of days. I find it quite sad." Radhika was generously given the title of being the Netflix queen a while back with back-to-back hits like Sacred Games and Monica, O My Darling. But what did it lead to? The actress says, "I loved being a part of Monica, O My Darling, but how many days did I work for? Five days. I feel like why don't you cast me when you get big money? And I know they want to cast me but they can't because I am not that big commercially. So that does bother me, but then again, I'm not ready to play the game. At least. I do what I like to do." On the work front, Sister Midnight has hit the screens today in India, and Radhika Apte is refreshingly confident about letting the macabre yet manic plot of the film, take its due course. Sign up to read this article FREE! Exclusive Stories: Dive into content reserved just for members. Fewer Ads: A cleaner, more enjoyable reading experience. Enhanced Interface: Tailored just for you. Join Now – It's Free!
