Apollo Hospitals’ board has approved a major restructuring involving the demerger and consolidation of its pharmacy and digital health units under Apollo Healthtech, which will be listed separately. The move aims to unlock value and enable shareholders to directly own a stake in the restructured Omni-Channel Pharmacy and Digital Health platform.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise