Max Healthcare acquires 64% stake in Jaypee Healthcare for ₹1,660 crore

Delhi-based Max Healthcare has entered into strategic collaboration with Lakshdeep Group for acquisition of a 64 per cent controlling stake in Jaypee Healthcare Ltd for an enterprise worth of ₹1,660 crore. Jaypee Healthcare is a subsidiary of the debt-ridden Jaypee Infratech; and is at present going company insolvency proceedings. Max Healthcare could have the choice … Read more

Triveni Generators, Trent and Max Healthcare: Three shares that outperformed within the week ending February 9

Final week, bellwether indices S&P BSE Sensex and Nifty fell marginally by 0.7 per cent and 0.3 per cent respectively. Whereas Bankex (-0.5 per cent), Client Durables (-0.7 per cent), Capital Items (-1.1 per cent) and FMCG (-2.3 per cent) have been down for the week, different sectoral indices ended within the inexperienced with the … Read more