HOSPITALITY
Park Medi World Buys Mehar Hospital For ₹107 Cr, Boosts Tricity Footprint
Park Medi World Ltd has signed a definitive agreement to acquire Mehar Hospital in Zirakpur, Punjab, for ₹107 crore in an all-cash deal, further expanding its footprint in North India’s fast-growing healthcare market. The 150-bed multi-super speciality hospital will be rebranded under the Park name and is expected to commence operations as part of the […]
CW Bureau
·
Aug 3, 2026
HOSPITALITY
Park Enters Uttarakhand With 330-Bed Medicity Hospital In Rudrapur
Park Group of Hospitals has expanded its footprint in North India with the launch of The Medicity Hospital, Rudrapur, a 330-bed multi-super-specialty facility that marks the group’s entry into Uttarakhand and strengthens its presence across six states. The company said the new hospital is the largest healthcare facility in the Kumaon region and forms part […]
CW Bureau
·
Aug 2, 2026
HOSPITALITY
Park Medi World To Acquire Rudrapur Medicity Hospital For ₹177 Cr
Park Medi World Ltd, North India’s second largest hospital chain, has signed a definitive agreement to acquire 100% stake in Rudrapur-based Medicity Hospital for ₹177 crore in two tranches, marking its entry into Uttarakhand and expanding its footprint to six States. The acquisition is part of the Group’s strategy to pursue disciplined and value-accretive inorganic […]
CW Bureau
·
May 25, 2026
HOSPITALITY
Dr Agarwal’s Health Care Q4 Net Up 17%; Revenue Increases 23%
Dr. Agarwal’s Health Care Ltd, India’s largest eye care service chain, reported a 17% increase in consolidated net profit for the March quarter at ₹50 crore over the year-ago period. Revenue from operations grew 23% to ₹564 crore. Revenue from India operations rose 22% to ₹505 crore, while revenue from mature facilities increased 31% to […]
CW Bureau
·
May 21, 2026
HOSPITALITY
Aster DM Healthcare Clears Key Hurdle For Quality Care India Merger
Bengaluru-based Aster DM Healthcare Ltd has received an overwhelming 96.68% approval from shareholders, along with strong backing from minority shareholders and creditors, for its proposed merger with Quality Care India Limited (QCIL). The approval follows earlier support from shareholders for the share swap arrangement preceding the merger, reflecting broad-based investor confidence in the transaction. The […]
CW Bureau
·
Mar 12, 2026
HOSPITALITY
Park Group Launches Panchkula Hospital, Expands Mohali Unit
Park Group Launches Panchkula Hospital, Expands Mohali Facility to Build 850-Bed Tricity Healthcare Network Park Group of Hospitals has approved the launch of an advanced multi-super specialty hospital in Panchkula, with a capacity expandable to 350 beds, along with a 150-bed expansion of its existing 350-bed facility in Mohali. The expansion strengthens the group’s footprint […]
CW Bureau
·
Mar 10, 2026
