Wednesday, May 16, 2012

Apollo Hospitals enters skills segment, forms subsidiary

Apollo Hospitals Enterprise Ltd, India’s biggest hospital chain, has formed a subsidiary to impart healthcare-related training to 392,000 people in 10 years
National Skill Development Corp. (NSDC), a public-private partnership to promote skills among Indians, has approved a proposal to form a partnership with the unit of Apollo Hospitals
The investment on the project will be around Rs. 39 crore, of which NSDC will loan Rs. 25.13 crore to Apollo Med Skills. Apollo will contribute Rs. 9.88 crore. NSDC will also buy a 27% stake in Apollo Med Skills for Rs. 3.65 crore
http://www.livemint.com/2012/05/16000626/Apollo-Hospitals--enters-skill.html

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