Urgent.News

What's breaking now, across thousands of outlets.

Business

Permira to buy 25.71% in Cloudnine Hospitals parent: CCI filing

Permira, a leading global private equity firm, is ready to buy a significant stake in Cloudnine Hospitals, which places the parent company's valuation at approximately eleven thousand crore rupees. This acquisition involves purchasing the stake from existing investor True North Capital. The deal awaits appropriate regulatory clearances, and Cloudnine is also exploring acquisitions of further…

Permira to buy 25.71% in Cloudnine Hospitals parent: CCI filing

We haven't written up this one. ETHealthworld has the full story — the link below goes straight to it.

Read the original at health.economictimes.indiatimes.com →

More in Business

India’s power demand is surging, but some solar energy is going to waste

BENGALURU, India (AP) — When India’s power demand surged at the height of summer, the country struggled to meet evening needs…

  • India's power demand surges in summer, driving air conditioner use
  • Country curtails 11 terawatt-hours of solar energy in 15 months
  • Transmission and storage infrastructure limit utilization of excess solar power

More from Wednesday 2 September →