Apollo Hospital is in talks to take over Lifeline multi-specialty hospital in Old Mahabalipuram Road in Chennai. AK Krishnan, CFO, Apollo Hospital told CNBC-TV18 that there will be around Rs 50-60 crore of total investment going into this. "Our plan is to put this for use over the next three-four months", he added.
Healthcare chain Apollo Hospitals is all set to pump in Rs 900 crore into the business via QIP. Speaking exclusively to CNBC-TV18, CFO AK Krishnan says that the QIP mix though yet to be decided, will be to materialise expansion of approximately 2,400 beds across various locations including Bombay.