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

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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 Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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Aster-QCIL to invest ₹1,661 crore in Kerala, add 1,315 hospital beds
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