
After cement and media biz, Adani group enters healthcare
Adani Health Ventures, a subsidiary of Adani Enterprises, will carry on the business of healthcare related activities.
Adani Health Ventures, a subsidiary of Adani Enterprises, will carry on the business of healthcare related activities.
Post listing, Rainbow Childrens Medicare shares declined as much as 11.3% against the issue price to hit a low of ₹480.80 on the BSE.
Given the strong demand for healthcare and continued patient preference for branded hospital chains, revenues and profit margins are expected to remain healthy.
Profit cannot be the sole objective of businesses, they need to worry about all stakeholders and communities where they live and work, says Punit Renjen.
The Union Budget has given an increased allocation of ₹83,000 crore for the health ministry (₹71,000 crore in 2021).
FM Nirmala Sitharaman proposed rolling out an 'Ayushman Bharat Digital Mission', an open platform for the National Digital Health Ecosystem.
The Finance Budget of FY 2021-22 had allotted ₹2,23,846 crore for healthcare, a 137% increase over FY 2020-21 budget.
Learning that his 81-year-old mother is using WhatsApp to communicate with her doctor, Deloitte Global CEO Punit Renjen exhorted the firm to try it in a much bigger way.
Focus on healthcare is also one of the top demand of the industry ahead of the budget.
2022 will be the year of incubation for technological advancements that will shape the personalisation of healthcare and therapies for the next five decades.