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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Aster-QCIL to invest ₹1,661 crore in Kerala, add 1,315 ho...
BL Kochi Bureau · 2026-06-23 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Azad Moopen, Founder & Chairman of Aster DM Healthcare during the meeting with Chief Minister V.D. Satheesan

Azad Moopen, Founder & Chairman of Aster DM Healthcare during the meeting with Chief Minister V.D. Satheesan

Aster DM Healthcare and Quality Care India Ltd (QCIL) has announced plans to invest ₹1,661 crore in Kerala to expand healthcare infrastructure by adding 1,315 new hospital beds in the coming years.

Addressing reporters after meeting the Chief Minister V. D. Satheesan, Azad Moopen said Aster alone will add 834 beds in the State, including a new 454-bed hospital in Thiruvananthapuram, aimed at strengthening access to advanced healthcare services in South Kerala.

With the planned expansion, the combined network will operate 11 hospitals across Kerala with a total capacity of 4,575 beds, creating one of the country’s strongest healthcare networks and enhancing the availability of tertiary and quaternary care services, he said.

The group currently employs more than 18,400 healthcare professionals and expects to generate nearly 7,900 additional jobs through the expansion, contributing significantly to both healthcare capacity and economic growth in the State.

Moopen discussed with the Chief Minister about the opportunities to further strengthen healthcare infrastructure, medical education, skill development, employment generation, healthcare technology, medical tourism and charitable initiatives.

“Kerala occupies a special place in Aster’s journey and continues to be one of our most strategic markets. The State’s highly skilled doctors, nurses and allied healthcare professionals are respected across India and globally. We remain committed to partnering with Kerala in its vision of becoming one of India’s leading healthcare destinations,” he said.

Moopen also highlighted Aster’s ₹120-crore Cancer Care CSR Programme, under which advanced cancer treatment facilities will be established across different parts of India over the next three years.

The first project under the initiative will be the installation of a state-of-the-art Linear Accelerator (LINAC) facility in Wayanad, bringing advanced radiation therapy closer to patients in underserved regions. The project is expected to benefit thousands of cancer patients who currently face financial and geographical barriers in accessing treatment.

Published on June 23, 2026