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Hospitality-and-Healthcare Sector News & Updates - December 3, 2024



Vivint Pharma to invest Rs 400 crore in Genome Valley
Hospitality and Healthcare   -  Aug 09,2024
An injectables pharmaceutical company plans to invest Rs 400 crore in a new manufacturing facility in Genome Valley, Hyderabad. The plant will employ 1,000 people and support Telangana’s life scienc .


Construction work of 125-bed hospital begins at Budgam, J&K
Hospitality and Healthcare   -  Aug 08,2024
Construction of a new 125-bed district hospital in Reshipora, Budgam, J&K, has started. The project, approved by the Administrative Council, aims to improve healthcare services in the district and was .


Fresh completion dates announced for SCB hospital project in Cuttack
Hospitality and Healthcare   -  Jul 31,2024
The SCB Medical College and Hospital in Cuttack, Odisha, being upgraded to an AIIMS+ facility at Rs 4,474 crore, faces revised completion dates. Initially set for July 2024, the clinical package deadl .


Global Health acquires land to build a 500-bed hospital in Mumbai
Hospitality and Healthcare   -  Jul 29,2024
Global Health has secured an 8,859.24 sq. m land parcel in Jogeshwari, Mumbai, for Rs 125.11 crore under MHADA tenders. The site will house a 500+ bed hospital with an estimated cost of Rs 1,200 crore .


Ramaiah Memorial Hospital of Bangalore plans unit in Calcutta
Hospitality and Healthcare   -  Jul 17,2024
Ramaiah Memorial Hospital of Bengaluru plans to establish a hospital in Calcutta to address the demand for affordable, high-quality healthcare in the east, offering services 20-25% cheaper than other .


Spree Hospitality expands footprint with new property in Dehradun
Hospitality and Healthcare   -  May 31,2024
Spree Hospitality, a subsidiary of EaseMyTrip, unveils ZiP By Spree Hotels Grand Legacy Prime in Dehradun, Uttarakhand. Offering luxury and convenience, the property boasts 27 rooms with stunning view .


Srinivas Institute of Medical Sciences to build 150-bed hospital
Hospitality and Healthcare   -  May 31,2024
Srinivas Institute of Medical Sciences and Research Centre, Mangaluru, wins bid to revamp New Mangalore Port Authority's hospital. It will operate the existing 32-bed facility and construct a 150 .


Fortis lines up Rs 1,300 crore capex to expand existing hospitals
Hospitality and Healthcare   -  May 29,2024
Fortis Healthcare plans a Rs 1,300 crore investment to expand existing hospital capacities, adding around 2,200 beds. CFO Vivek Goyal highlights expansions in Faridabad, Anandpur Sahib, and Shalimar B .


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