Apollo

Facing a massive funding gap, the army is courting private investors for “meaty projects” — from data centres to rare earth facilities — marking an unprecedented link between national security and private capital.

Apollo to offer multibillion-dollar investment in Intel

The alternative asset manager has indicated in recent days it would be willing to make an equity-like investment of as much as $5 billion in Intel, said one of the people, who asked not to be identified discussing confidential information. Intel executives have been weighing Apollo’s proposal, the people said

SpaceX launches daredevil billionaire, three others, aims for historic private spacewalk

Daredevil billionaire Jared Isaacman launched into orbit, aiming for the first private spacewalk and a record altitude beyond Apollo missions. He’s testing new spacesuits in collaboration with SpaceX.

Upasana Kamineni Konidela and Apollo’s women executives take action: Safeguarding female doctors is our immediate priority

In response to the alarming RG Kar incident, the women leaders of Apollo Hospitals have taken a powerful stand, uniting to demand greater safety and respect for female doctors across the healthcare sector. These formidable women, representing the strength and vision of the Apollo family, have come together to send a clear message: women must stand strong for each other.

290-ft Apollo asteroid is coming towards Earth at full speed, know what NASA says

Once again a massive asteroid about 290 ft is coming towards Earth at full speed on July 23, 2024, at 07:52 UTC (1:22 PM IST). This asteroid named 2024 LY2 is part of the group called Apollo asteroid. The speed at which the asteroid is moving is more than 28,000 km/h and the closest proximity it will have to Earth is around 4.5 million kilometres.

220 feet NF 2024 asteroid coming towards Earth at the speed of 73,055 KMPH, know what NASA says

NASA has released a warning on the asteroid speeding towards Earth at the speed of 73,055 KMPH. This asteroid named NF 2024 will bekhu approaching today July 17 at around 04:58 PM IST(11:28 UTC).

Apollo offers $11 billion for Paramount's Hollywood studio

The film studio is considered the jewel of the Paramount media conglomerate, with an expansive movie library that includes classics such as "The Godfather" and "Breakfast at Tiffany's," as well as blockbuster franchises like "Mission: Impossible," "Star Trek" and "Transformers." It has attracted interest from many suitors over the years, including recently.

Apollo Micro Systems net profit grows to Rs 10 crore in Q3

Apollo Micro Systems Ltd (AMSL), helped by increased revenue, recorded a roughly 35% increase in net profit at Rs 10 crore for the December quarter of the current fiscal year.

Byju's on the boil with plans to raise $1 billion even as startups freeze in funding winter

Around $700 million of the $1 billion funding round will be raised through equity, and one of the three Middle East-based sovereign funds is in advanced talks to lead the round

Salary was Rs 9,000 even 10 years after completing MBBS, says Apollo Hospitals' doctor

Now, however, the doctor earns more from his investments in equity than from his medical practice. 'I like it that way,' he says.

Private equity giants including Apollo, Blackstone eye SVB loan book: Reports

The loan portfolio is seen as an attractive buy and was not a contributing factor in the bank run that caused SVB's demise, the report said.

Apollo taking Univar Solutions private in $8.1 billion deal

Shareholders of Univar, which deals with specialty chemicals and ingredients distribution, will receive $36.15 per share in cash.

Apollo eyes SVB assets as suitors Circle $73.6 billion loan book

Apollo, one of the world’s largest alternative asset managers, is among other investors looking to buy pieces of Silicon Valley Bank, according to people familiar with the matter.

Western Digital gets $900 million investment from Apollo, Elliot

Western Digital said the preferred stock it sold to Apollo and Elliot has a conversion price of $47.75 per share, which is approximately a 9% premium on its closing price of $43.95 on Tuesday. It will also pay a dividend starting at 6.25% per year.

Cerberus drops pursuit of Apollo’s unit in India

The US firm’s Indian arm decided not to proceed with the deal in October after agreeing to acquire Arcion Revitalization Pvt. for about 2 billion rupees ($24 million), said the people, who asked not to be identified as the information is private.

We are focused for making Apollo 24/7 a stable company: Krishnan Akhileswaran, CFO

The Group CFO said that all three lines of business—healthcare services, diagnostics, retail health and pharmacy distribution, and digital health, which is Apollo 24/77—have seen growth in this quarter.

Stock Market Live: HDFC twins on fire, what's driving the rally?

HDFC Bank and HDFC lit up the market today with strong gains and CJ will explain why investors are making a beeline for the stocks. Plus Santo makes a case for Apollo Hospitals and M&M after the companies' second quarter earnings.

Credit Suisse nears sale of securitized-products group to Apollo, Pimco: source

The Wall Street Journal, which first reported about the development, said Credit Suisse will give details of the sale and other measures for a planned strategy change on Thursday.

Apollo, Sixth Street no longer in talks to finance Twitter deal: Sources

Elon Musk and Twitter are in litigation after the entrepreneur initially pulled his offer to buy the company are in talks to end the case and clear the way for the $44 billion deal to close.

Space tech startup Intuitive Machines seeks U.S. listing via $1 billion SPAC deal

Nine-year old Intuitive is one of NASA’s contractors and its lunar payload delivery services were selected by the space agency for three lunar missions to send the first American spacecraft to the surface of the Moon since the Apollo Program.

AI, ML and robotics to drive India’s healthcare: Prathap Reddy, Apollo Chairman

Over the next few years, the Apollo Group will invest in spreading footprint in key regions, and expand specialty centres to more locations

Apollo plans to lead $1 billion financing for Elon Musk’s Twitter bid

The funding, arranged by Morgan Stanley, will exceed $1 billion and may include Sixth Street Partners, among other firms, the people said. Apollo, Sixth Street and Morgan Stanley declined to comment.

Apollo Hospitals gets Best COVID-19 response award at Moneycontrol Family Business Leader Awards 

Based in Chennai, Apollo started 39 years ago as the first corporate provider of healthcare in India and has expanded to services such as a pharmacy, diagnostics, primary care and home care. 

CCI conducts antitrust raids on tyre companies Ceat, Apollo, Continental: Report

The case, according to the report, relates to an antitrust probe into use of unfair trade practices and rigging bids while supplying tyres for public transport vehicles in the northern state of Haryana.

Expedia nearing deal to sell stake to Silver Lake and Apollo: Report

Expedia's shares rose more than 6% in extended trading. The company's shares have fallen about 47% so far this year as global travel restrictions due to the coronavirus pandemic ground the travel and tourism industry to a virtual halt.