Page 01 March 24.Indd

Total Page:16

File Type:pdf, Size:1020Kb

Page 01 March 24.Indd ISO 9001:2008 CERTIFIED NEWSPAPER Home | 4 Business | 17 Sport | 26 The sixth Qatar QIA and Dufry are Gymnasts International teaming up to bid arrive in Doha Food Festival for Italian travel for three-day opens today. retailer WDF. tournament. TUESDAY 24 MARCH 2015 • 4 Jumada II 1436 • Volume 20 Number 6379 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Emir in Pakistan Ministry forces Arab network firm to repeat raffle draw for freedom of DOHA: The Ministry of Economy and Commerce has forced a commercial outlet to repeat a raffle draw after it awarded the prize — a motor- speech urged cycle — to one of its employees, which was against the rules set by the ministry. The ministry cancelled the No jail terms for journalists: NHRC results of the first draw and forced the outlet to offer the prize again DOHA: An international con- the new media law was not being to the public in a repeat draw, said ference on basic rights in the enforced despite it being in the a statement yesterday. Arab world that concluded here pipeline now for several years. The ministry said it had acted yesterday has proposed that a The conference, meanwhile, against the outlet as it violated pan-Arab network is needed to proposed that a pan-Arab net- Article 7 of the ministerial deci- ensure freedom of speech in the work was the need of the hour sion no 19 of 2014 concerning bloc. to make sure that freedom of lucky draws. The two-day event titled speech was guaranteed in the Emir H H Sheikh Tamim bin Hamad Al Thani was received by Pakistan Prime Minister Mohammad Nawaz Sharif As per the rule, people associ- ‘Freedom of Speech and Arab world. at the PAD Base Nur Khan. Pakistan’s Minister of Petroleum Shahid Khaqan Abbasi, Minister of Information ated with the outlet that con- Expression in the Arab world’ “Arab countries must imple- Pervez Rasheed, Qatar’s Ambassador Saqr Mubarak Al Mansouri and Pakistan’s Ambassador to Qatar Shahzad duct the draw are not allowed was attended by several renowned ment international human rights Ahmed were present. The Emir is on a two-day visit to the country. See also page 3 to participate. They include the global and Arab human rights conventions,” said Sheikha Ghalia owners and partners, manag- and media freedom activists and bint Abdulrahman Al Thani, head ers of the bodies conducting the experts. of the Arab Network for Human draw, employees of the outlet It was organised by Qatar’s Rights Institutions. and their close relatives, said National Human Rights Addressing the conference, she the ministry. Committee (NHRC). said that Arab countries must Court upholds death penalty for citizen Meanwhile, the minis- The NHRC claimed at the con- upgrade their laws to ensure free- try closed down an outlet in ference that the provision of jail dom of speech and expression. DOHA: A higher criminal court Criminal Court of Appeals the helping burn Patterson’s body and Industrial Are for two weeks for sentence for errant journalists Legal provisions that criminal- yesterday upheld a death sen- Public Prosecution must do that destroy the evidence. selling electric heaters that do in a new media law Qatar is to ise the criticism of the govern- tence against a citizen convicted within the above timeframe. Patterson, from Kent in not meet Qatari standards and enforce possibly soon, has been ment and writing and reporting of the murder of a 24-year-old “This is because the sentence England, was murdered in specifications. removed at its behest. on sensitive social and political British school teacher. involves death. It is not an ordi- October 2013 after leaving a bar During raids conducted by “The draft of the new media issues should be removed from The Criminal Court of Appeals nary sentence, so the highest in a star hotel here with a female ministry inspectors, 71 heaters law was submitted to us by the all Arab countries, she said. confirmed the sentence as Lauren court must review the ruling,” friend and the two convicts after were seized. The violation was Ministry of Culture, Arts and “Arab countries must closely Patterson’s mother Alison, who said Al Zaman. midnight. confirmed after samples were Heritage for our review and we cooperate with one another to flew here from England to attend So, for the next 60 days the She was friendly with the sent to the standards and speci- proposed a number of changes,” make sure that they have free- the court proceedings, watched on. verdict of the Criminal Court of convicts and it seems they were fications authority at the Ministry said Jaber Al Hwail, head of legal dom of speech and expression,” The court, however, ruled Appeals will remain suspended, together in the bar. Patterson’s of Environment. affairs at the NHRC. the Sheikha said. that it was not within its juris- the lawyer added. female friend insisted that she The closure comes as part of Removing the jail sentence for Some Arab countries have diction to consider Alison’s plea When told that the last death stay with her overnight since she a nationwide clampdown on low errant scribes and imposing just emergency laws that curb freedom for a monetary compensation of sentence was carried out in Qatar was heavily drunk. But the main quality electrical products due to fines on them was proposed by the of speech. Such legislations should QR20m ($5.5m), reports Al Sharq. 12 years ago, in March 2003, Al convict dropped Patterson’s female the danger they pose to people’s NHRC, Al Hwail said. be condemned and replaced with “That jurisdiction lies with the Zaman said he wasn’t sure. friend at her home and promised lives and their property. He said the NHRC had earlier media-friendly laws, said Sheikha civil court.” Arun Abraham, an Indian, had her that he will be dropping her In another related incident, the posted a request to the govern- Ghalia. A prominent lawyer, Yusuf Al killed a woman family friend Lija (Patterson) also home safely. ministry raided a women beauty ment on its website that the cur- A regional mechanism was Zaman, told The Peninsula that the Abraham, also an Indian, late in But police investigations, salon that was found using some rent print media law that was needed to deplore hate speeches main convict can challenge the ver- April of 2001 and was sentenced according to Al Sharq, revealed expired beauty products. The enforced some 36 years ago, in and urge action against those who dict of the higher criminal court in to death two years later. that the main convict took her to ministry said it had detected 1979 (Law No 8 of that year), be indulge in such speeches to fuel Qatar’s Supreme Court (the Court Meanwhile, the Criminal Court a rented house of his accomplice, six violations at the facility but changed to ensure more rights to sectarian or religious divide or of Cassation) within 60 days. of Appeals sentenced an accom- the second convict. didn’t explain what action was print journalists. hatred. He said that if the convict fails plice of the convict, also a young Continued on page 5 taken. He, however, didn’t say why THE PENINSULA to challenge the ruling of the Qatari, to three years in jail for THE PENINSULA THE PENINSULA INSIDE Snow art Page 9 Sultan Qaboos back in Oman The dictatorship of after ‘successful’ treatment the media MUSCAT: H M Sultan Qaboos bin Said of Oman flew home yester- by Dr Faisal Al day after spending more than eight months in Germany for medical Kassim treatment that was completely successful, state television reported. Sultan Qaboos returned after “having completed medical treatment Will Arab countries in Germany whose results were crowned as a total success,” the televi- become stable? sion announced. Footage showed the visibly frail 74-year-old walking By Dr Shamlan unaided from a royal aircraft and then along a red carpet before being driven away. Yousef Al Issa Scores of people took to social media networks to celebrate the return of Qaboos, who is the longest serving leader in the Middle East and the only one many Omanis have ever had. “For eight months, Omanis Art of creating hatred have been praying that their leader would recover,” said one post on By Dr Ibrahim Al Twitter using the Arabic hashtag “Good news: Qaboos has returned”. Sheikh “This leader deserves all this love. He has devoted himself, his time and efforts to Oman,” said another. Kuwait breaks Yemen calls for Gulf military help to thwart Houthi fighters up protest A view of a creation of British artist Simon Beck in the snow on Riederalp Valais, Switzerland, yesterday. Beck DUBAI: Yemeni Foreign Minister Riyadh Yaseen called yesterday KUWAIT CITY: Kuwaiti riot is fascinated by the interplay between the forces of nature and his work. for Gulf military intervention to halt advances by Houthi fighters, a police dispersed hundreds of move that could draw neighbouring states into the country’s deep- opposition protesters who ral- ening power struggle. lied yesterday to demand the The Gulf governments back President Abdrabbuh Mansur Hadi, release of political prisoners and whose forces have recently suffered reverses at the hands of Iranian- press for democratic reforms. Unstable weather likely from tomorrow backed Houthis approaching his base in the southern port of Aden More than 500 activists gathered from the north. “We are requesting an intervention by the Gulf Shield outside parliament for the third forces to stop this Iranian-backed Houthi expansion,” Yaseen told the week in a row after authorities DOHA: Another spell of unsta- “There may be thundery clouds the weather can change suddenly, newspaper Al Sharq Al Awsat, referring to a military force of the Gulf jailed opposition leader and former ble weather is expected from at times on Thursday and Friday said the bureau.
Recommended publications
  • Aster DM Healthcare Limited 26 August 2019 the Secretary Listing
    26 August 2019 The Secretary The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd 1st Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Mumbai 400001 Bandra Kurla Complex Scrip Code: 540975 Bandra (East), Mumbai 400051 Scrip Symbol: ASTERDM Dear Sir/Madam, Sub: Investor Presentation for Capital Market Day With reference to the captioned subject and the announcement made by the Company on August 8, 2019 relating to the Capital Market Day, which was scheduled for August 22, 2019, please find enclosed the Investor Presentation made. Kindly take the above said information on record as per the requirement of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking You. Yours faithfully For Aster DM Healthcare Limited Puja Aggarwal Company Secretary and Compliance Officer Aster DM Healthcare Limited CIN- L85110KL2008PLC021703 IX/475L, Aster Medcity,Kuttisahib Road Near Kothad Bridge, South Chittoor PO Cheranalloor, Kochi- 682027, Kerala, India Tel: +91 484 6699999, Fax: +91 484 6699862 Email:[email protected] ASTER OM HEALTHCARE Investor and Analyst Meet – 22nd Aug 2019 www.asterdmhealthcare.com1 I I Disclaimer This presentation has been prepared by Aster DM Healthcare Limited (the "Company"), content of which was compiled from sources believed to be reliable for informational purposes only and are based on information regarding the Company and the economic, regulatory, market and other conditions as in effect on the date hereof. Subsequent developments may impact the information contained in this presentation, which neither the Company nor its advisors or representatives are under an obligation to update, revise or affirm.
    [Show full text]
  • About Aster DM Healthcare
    FY2018 FY18 Revenue up by 13% Y-O-Y; EBITDA up by 79%; PAT up by 189% In FY18 operationalized two new hospitals in GCC • Medcare hospital – Sharjah, UAE (124 beds) • Aster Hospital – Doha, Qatar (61beds) Bangalore, May 21, 2018: Aster DM Healthcare, one of the largest private healthcare service providers in multiple GCC states and an emerging healthcare player in India, today announced its financial results for the quarter and full year ended March 31, 2018. Aster DM Healthcare is a 30-year-old integrated and comprehensive healthcare service organization with presence in 9 countries. The Company is one of the few entities across the globe providing the complete circle of care from primary, secondary, tertiary to quaternary medical care through its 19 hospitals, 101 clinics and over 200 pharmacies. These are manned by its17,335 employees from across the world, delivering on a simple yet strong promise to its people: “We’ll treat you well.” The Company has the unique distinction of serving people by providing quality healthcare to all segments of the society regardless of their economic or social positioning. In line with this, Dr. Azad Moopen, Founder Chairman and Managing Director at Aster DM Healthcare conceptualized the Company’s three brands - Medcare for the high income, Aster for the middle-income and Access for low- income strata of the population. The Company has an asset light business model wherein the land and civil structure of most of its hospitals are leased. It is also optimally positioned in the Medical tourism sector with a large number of GCC residents visiting India to avail quality and cost effective healthcare.
    [Show full text]
  • Market Achievements History Products
    MARKET projects to ensure the healthcare industry delivers HISTORY The healthcare industry in the region has for its consumers. In 1987 Dr Azad Moopen founded Aster DM become a key area of growth for governments, Aster DM Healthcare, which started with a Healthcare, as a single doctor practice known as international bodies and private institutions. As the single clinic in 1987, has expanded rapidly during Al Rafa Polyclinic in Dubai. Realising the lack of GCC witnesses transformative changes due to a the last decade to fulfl the demand in this region private medical services available for the public, burgeoning population, changing demographics and is now one of the largest healthcare providers Dr Moopen decided to grow his practice with the and high incidence of lifestyle diseases, the demand in the Gulf. Today, the healthcare conglomerate vision of ensuring healthcare is made accessible to and potential growth for healthcare is ripe. In fact, has more than 13,000 employees, 290+ all. Over the past thirty years, the Aster network the GCC healthcare market is estimated to grow establishments, 4000+ Beds and 1500+ doctors has expanded its services from clinics and at a 12.1% CAGR, from US$ 40.3 billion in 2015 pharmacies, to multi-specialty centres and hospitals to US$ 71.3 billion in 2020. ACHIEVEMENTS in the GCC, India and the Philippines. In line with this, governments in the GCC are Aster DM Healthcare is has been recognised Presently, Aster DM Healthcare is a leading impelling millions into their healthcare budgets, worldwide for excellence in healthcare with some healthcare network in the GCC, extending to to ensure populations have access to the best of the most prestigious awards and accolades in more than 290 establishments in nine countries, healthcare systems in the world.
    [Show full text]
  • Initial Public Offer Aster Dm Healthcare
    PRIVATE CLIENT RESEARCH INITIAL PUBLIC OFFER FEBRUARY 9, 2018 IPO NOTE ASTER DM HEALTHCARE LTD Nipun Gupta NOT RATED [email protected] Background +91 22 6218 6433 Aster DM was incorporated in 2008 in a reorganization to facilitate the growth of operations, subsequent to which operations in the GCC states and India were consolidated. It had 149 operating facilities, including 10 hospitals with a total of 1,419 installed beds, as of March 31, 2013 and expanded to 316 operating facilities, including 18 hospitals with a total of 4,651 installed beds, as of March 31, 2017. In the GCC states, the number of clinics increased from 41 as of March 31, 2013 to 89 as of March 31, 2017, and the number of retail pharmacies increased from 98 as of March 31, 2013 to 202 as of March 31, 2017.It has diversified portfolio of healthcare facilities, consisting of 7 hospitals, 89 clinics and 202 retail pharmacies in the GCC states, 11 multi-specialty hospitals and 6 clinics in India, and 1 clinic in the Philippines as of March 31, 2017. A majority of hospitals and clinics provide secondary and tertiary healthcare services to patients. The company is spearheaded by Dr.Azad Moopen, the Promoter, Chairman and Managing Director of the company. Company operates in multiple segments of the healthcare industry, including hospitals,clinics, and retail pharmacies and provide healthcare services to patients across economic segments in several GCC states through various brands Aster, Medicare and Access. Company’s hospitals in India are located in Kochi, Kolhapur, Kozhikaode,Kottakkal, Bengaluru, Vijayawada, Guntur, Wayanad and Hyderabad.
    [Show full text]
  • Aster DM Healthcare Limited
    June 01, 2020 The Secretary The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd 1st Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Mumbai 400001 Bandra Kurla Complex Scrip Code: 540975 Bandra (East), Mumbai 400051 Scrip Symbol: ASTERDM Dear Sir/ Madam, Subject: Press release /Media release Please find enclosed the Press release titled “Aster DM Healthcare launches 50 bed critical care Aster Hospital in Muhaisnah, Dubai”. The press release will also be available on website of the Company at www.asterdmhealthcare.com. We request you to kindly take the above information on record. Thank You. For Aster DM Healthcare Limited Puja Aggarwal Company Secretary & Compliance Officer Aster DM Healthcare Limited CIN- L85110KL2008PLC021703 IX/475L, Aster Medcity,Kuttisahib Road Near Kothad Bridge, South Chittoor PO Cheranalloor, Kochi- 682027, Kerala, India Tel: +91 484 6699999, Fax: +91 484 6699862 Email:[email protected] Aster Media Release We'll Treat You Well Aster DM Healthcare launches 50 bed critical care Aster Hospital in Muhaisnah, Dubai • The 50-bed critical care facility will add to Aster DM Healthcare’s current capacity to provide hospital treatment to Covid-19 patients and support the UAE Government’s efforts to contain the outbreak • The new hospital will also set-up a screening centre for Covid-19 that will cater to the surrounding neighbourhood of Muhaisnah • Aster has brought in medical professionals from India to join forces with existing teams in UAE to tackle Covid-19 cases Dubai, United Arab Emirates – 1 June, 2020: Dr. Amer Ahmad Sharif, Chairman of the Covid-19 Command and Control Centre & Vice Chancellor of the Mohammed Bin Rashid University of Medicine and Health Sciences (MBRU), and Dr.
    [Show full text]
  • Mims Academy & Dm Academy
    MIMS ACADEMY & DM ACADEMY Announces Opportunity for Three Year Post-graduation Learn Modern Emergency Medicine with Quality Accredited Institution Masters Program in Emergency Medicine (MEM International) Affiliated to George Washington University, Washington DC, USA, Since 2007 Not Affiliated to MCI www.dmwims.com | www.emergencymedicinemims.com | www.mimsacademy.org 1 Aster DM Healthcare Aster DM Healthcare covers the full spectrum of healthcare services, taking healthcare to the next level of excellence. Being a growing network across the Middle East and India, it has an expansive portfolio that includes hospitals, clinics and retail pharmacies. From a single medical centre to a performance-driven healthcare enterprise spread across 280 establishments in 9 countries and growing, Aster DM Healthcare has transitioned into being a growing network across the Middle East and India. Currently one of the largest and fastest growing conglomerates in the MENA region, Aster DM Healthcare covers the full spectrum of healthcare services. An expansive portfolio includes hospitals, clinics and retail pharmacies. Headquartered in Dubai, the Aster DM network now encompasses 13,477 employees, 1003 doctors with several JCI accredited clinics and diagnostic centres. Never content to rest on its laurels, Aster DM Healthcare is constantly seeking opportunities to set new yardsticks with advanced developments. A move towards this unique vision is the Aster Medcity. Each of the group’s verticals is a symbol of distinction, driven by the commitment to build a healthier tomorrow and to take healthcare to the next level of excellence. website: www.asterdmhealthcare.com Dear Friends, DM Healthcare proudly announces the Post Graduate Masters Program in Emergency Medicine (MEM) which will be conducted under direct guidance of Ronald Regan Institute of Emergency Medicine (RRIEM) which is dedicated to saving life by improving Emergency Care in United States and across the world.
    [Show full text]
  • 2021 Semi-Annual Report (Unaudited)
    FEBRUARY 28, 2021 2021 Semi-Annual Report (Unaudited) iShares, Inc. • iShares Core MSCI Emerging Markets ETF | IEMG | NYSE Arca • iShares MSCI BRIC ETF | BKF | NYSE Arca • iShares MSCI Emerging Markets Asia ETF | EEMA | NASDAQ • iShares MSCI Emerging Markets Small-Cap ETF | EEMS | NYSE Arca The Markets in Review Dear Shareholder, The 12-month reporting period as of February 28, 2021 reflected a remarkable period of disruption and adaptation, as the global economy dealt with the implications of the coronavirus (or “COVID-19”) pandemic. As the period began, the threat from the virus was becoming increasingly apparent, and countries around the world took economically disruptive countermeasures. Stay-at-home orders and closures of non-essential businesses became widespread, many workers were laid off, and unemploy- ment claims spiked, causing a global recession and a sharp fall in equity prices. After markets hit their lowest point of the reporting period in late March 2020, a steady recovery ensued, as businesses began to re-open and governments learned to adapt to life with the virus. Equity prices continued to rise throughout the summer, fed by strong fiscal and monetary support and improving Rob Kapito economic indicators. Many equity indices neared or surpassed all-time highs late in the reporting period President, BlackRock, Inc. following the implementation of mass vaccination campaigns and progress of additional stimulus through the U.S. Congress. In the United States, both large- and small-capitalization stocks posted a significant advance. International equities also gained, as both developed countries and emerging markets re- Total Returns as of February 28, 2021 bounded substantially from lows in late March 2020.
    [Show full text]
  • Aster DM Healthcare Limited Q1FY20 Earnings Conference Call Transcript August 8, 2019
    Aster DM Healthcare Limited Q1FY20 Earnings Conference Call Transcript August 8, 2019 Moderator: Good day, ladies and gentlemen and welcome to the Q1 FY20 earning conference call of Aster DM Healthcare Limited. As a reminder, all participants’ lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing * and then 0 on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Gavin Desa from CDR India. Thank you and over to you, sir. Gavin Desa: Thank you. Good day ladies and gentlemen and welcome to the Aster DM Healthcare earnings conference call for investors and analysts. The call has been hosted to discuss the Q1 FY20 financial performance, share operating highlights and outlook. On the call with we have Dr. Azad Moopen – Chairman and Managing Director of the company; Alisha Moopen – Deputy Managing Director; Sreenath Reddy – Group CFO and Dr. Harish Pillai – CEO, Aster Hospitals and Clinics, India. We will commence the call with comments from the management team, post which we shall open the call for introductory Q&A session. At this point, I would like highlight that some statements that may be made or discussed on the call may be forward- looking statements and the actual results may vary significantly from the statements made. The detailed statement in this regard is on the company's earnings presentation which has been circulated earlier.
    [Show full text]
  • Aster DM Healthcare Limited: Ratings Reaffirmed; Rated Amount Enhanced
    August 09, 2021 Aster DM Healthcare Limited: Ratings reaffirmed; rated amount enhanced Summary of rating action Previous Rated Amount Current Rated Amount Instrument* Rating Action (Rs. crore) (Rs. crore) Fund Based – Working Capital 136.00 135.00 [ICRA]A- (Stable); reaffirmed Facilities Fund Based – Term Loan 50.00 139.00 [ICRA]A- (Stable); reaffirmed Non-fund Based – Working 30.00 30.00 [ICRA]A2+; reaffirmed Capital Facilities Unallocated 50.00 0.00 - Total 266.00 304.00 *Instrument details are provided in Annexure-1 Rationale The ratings take into account Aster DM Healthcare Limited’s (Aster/the Group/the company) established market position in the healthcare industry across Gulf Cooperation Council (GCC) countries and its growing presence in India. The ratings are also supported by the Group’s diversified revenues from various healthcare segments such as hospitals, clinics and pharmacies. The debt protection indicators remained comfortable in FY2021, backed by prudent working capital measures, scheduled term loan repayments and healthy cash accruals, despite the operations being impacted by the Covid-19 pandemic. As on March 31, 2021, the gearing and net debt/adjusted OPBDITA (excluding IndAs-116 effect) stood at 0.7 times and 3.0 times, respectively, (0.9 times and 3.1 times, respectively, as on March 31, 2020). The ratings, however, remain constrained by the low return indicators in the Indian operations due to the capital-intensive model (most hospitals in India are owned whereas almost all hospitals in the GCC are leased) and the relatively initial stage of operations of some of the hospitals in India.
    [Show full text]
  • Aster Gold Guide- Guidelines for Core Medical Training(Uk) at Aster Medcity, Kochi, Kerala 1
    ASTER GOLD GUIDE- GUIDELINES FOR CORE MEDICAL TRAINING(UK) AT ASTER MEDCITY, KOCHI, KERALA 1 Gold Guide - Aster Medcity A Reference Guide for Core Medical Training Programme at Aster Medcity, Kochi, Kerala, India Core Medical Training (CMT) at Aster Medcity Core Medical Training forms the first stage of specialty training for most doctors training in medical specialties i.e. those specialties managed by the JRCPTB (UK). The curriculum for CMT is a subset of both the curriculum for General Internal Medicine (GIM) and the curriculum for Acute Internal Medicine (AIM). This document has been created for the convenience of trainees, supervisors, tutors and programme directors. The body of the document has been extracted from the approved UK curricula but only includes the syllabus requirements for CMT and not the further requirements for GIM or AIM. Aster Medcity with JRCPTB (Joined Royal College Of Physician Training Board, UK) will deliver CMT for the first time in India. Aster Medcity will be the second in the world after Iceland to deliver CMT outside UK. Purposes of the curriculum The purposes of the curriculum are to define the process of training and the competencies needed for the successful completion of Core Medical Training. There is undoubtedly a need for physicians with the ability to investigate, treat and diagnose patients with acute and chronic medical symptoms, with the provision of high quality review skills for inpatients and outpatients fulfilling the requirement of specialist-led continuity of care. This curriculum will provide physicians with these skills. Training Pathway Entry into Core Medical Training is possible following successful completion of internship in India, following undergraduate medical training in a medical college recognized by the Medical Council of India.
    [Show full text]
  • Kerala Special It
    WPPWPP license no. MR/TECH/WPP-76/North/2017MR/TECH/WPP-76/North/2017 License to post without prepayment Postal RegistrationRegistration No. MCN/242/2015-2017.MCN/242/2015-2017. PPublishedublished on 27th of eveeveryry ppreviousrevious month. PostiPostingng date: 30th & 31st of everyevery prpreviousevious month. Posted at Patrika ChannelChannel SSortingorting OOffice,ffice, MMumbai-400001.umbai-400001. ReRegisteredgistered with ReRegistrargistrar of Newspapers under RNI No. MAHENG/2012/46040. TotalTotal number of pagespages 4848 AligningAligning businessbusiness anandd healthcarehealthcare inin IndiaIndia JulyJuly 2017 VoVoll 5 • Issue 10 • `50 KERALA SPECIAL PRIVATE HEALTHCAREHEALTHCARE BOOMBOOM IT LEVERAGINGLEVERAGING IT FORFOR HOMEHOME HEALTHCAREHEALTHCARE BEST OF THE WEST DR LLOYD NAZARETH, GROUP CEO, AMERICAN ONCOLOGY INSTITUTE, ON HIS ENDEAVOUR TO BRING WORLD-CLASS CANCER CARE TO SOUTH-EAST ASIA Published by ITP Publishing India KERALA SPECIAL Projects galore A spate of new hospitals with state-of-the-art technology and infrastructure is underway in Kerala BY RITA DUTTA 1 rivate healthcare in the state of This facility is the first of its kind built on Kerala is witnessing an influx offsite construction technology. UAE-based of Greenfield hospital projects NMC Healthcare is exploring for projects in with state-of-the-art technol- Kerala. Reportedly, the group has taken up Pogy and infrastructure. And the existing an existing facility in Thiruvanthapuram and ones are slated for expansion and technol- plans to upgrade and expand the facilities. ogy upgradations. For instance, Aster DM Several of the large projects are located Healthcare, which has 2,000 beds in Kerala, in and around the cities of Kochi and has announced investment to the tune of Rs Kozhikode and funded by NRI business 600 crore in Kerala in various projects in the tycoons.
    [Show full text]
  • Aster DM Healthcare (ASTDM)
    Aster DM Healthcare (ASTDM) CMP: | 141 Target: | 170 (21%) Target Period: 12 months BUY November 11, 2020 Strong sequential recovery, GCC back to near normal After a pandemic impacted Q1, Aster’s Q2FY21 results showed a strong sequential recovery. Q2FY21 revenues grew 28.8% QoQ to | 2268 crore. GCC revenues grew 26.8% QoQ to | 1932 crore. India revenues also grew 38.8% QoQ (albeit down 3.7% YoY) to | 415 crore. EBITDA margins expanded 385 bps QoQ to 12.0% due to better operational leverage. Subsequent EBITDA grew 89.9% QoQ to | 271 crore. PAT came in at | 32.9 Particulars crore vs. a loss of | 83 crore in Q1FY20. Particular Amount Market Capitalisation | 7036 crore Result Update Result Strong RoCE in GCC despite aggressive expansion Debt (FY20) | 5605 crore Cash (FY20) | 34 crore Aster derives ~81% of revenues from GCC countries. In the last six years, it EV | 12606 crore expanded its hospitals, clinics, pharmacy count by ~2x. However, despite 52 week H/L (|) 182/78 aggressive expansion, RoCE has stayed healthy (hospitals- 12% (established Equity capital | 499.5 crore hospitals- 25%), clinics- 21% and pharmacies- 44%) due to 1) assets light Face value | 10 model, 2) integrated business model, 3) faster occupancy owing to strong Key Highlights brand equity, 4) healthy ARPOB and 5) targeted strategy. We believe RoCE would improve further due to continuing improvement in occupancy and Q2 results show strong sequential operational leverage at new assets. The GCC region has shown recovery tracking normalisation of commendable resilience in the ongoing Covid-19 pandemic crisis, which GCC business augurs well for healthcare players like Aster to return to normalcy earlier.
    [Show full text]