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Narayana Hrudayalaya gains on expansion in Cayman Islands

Narayana Hrudayalaya rose 1.89% to Rs 467.30 after the company said its subsidiary, Health City Cayman Islands, is expanding to a new location in the Camana Bay Development area of Grand Cayman.Health City Cayman Islands (HCCI), the step-down subsidiary of the company running an existing hospital in the Cayman Islands is expanding to a new location in the Camana Bay Development area of Grand Cayman, the largest of the three islands which constitutes the self-governing territory of Cayman Islands.
HCCI is currently offering tertiary healthcare services to medical tourists and Caymanians from its existing unit in East End, which is located about 30 KMs away from George Town, the capital and hub of prominent activity of the nation. ....

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SGX Nifty points to flat opening; Covid-19, global market trends to dictate D-Street direction

SGX Nifty points to flat opening; Covid-19, global market trends to dictate D-Street direction
February 22, 2021
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Analysts say market will remain in consolidation mode; ‘expect domestic market to continue following global markets this week on lack of major domestic events’
Indian markets are expected to open flat on the first day of the week, as SGX Nifty points to a flat beginning even as Asia-Pacific markets are ruling firm in early trade on Monday. SGX Nifty is ruling at 15,025 against Nifty March futures Friday’s closing of 15,025 and February futures closing of 14,987, signalling flat opening for Nifty index.
Analysts expect the markets to remain in consolidation mode. Global cues and foreign fund flows will largely direct the market movement, they added. However, the key worry is rising Covid-19 cases in some States, especially Maharashtra, again, they added. ....

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Narayana Hrudayalaya arm plans new facility in Cayman Islands; shares rise

Narayana Hrudayalaya arm plans new facility in Cayman Islands; shares rise
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Last Updated: Feb 22, 2021, 01:25 PM IST
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Synopsis
Health City Cayman Islands (HCCI), the step-down subsidiary of the company running an existing hospital in the Cayman Islands, is expanding to a new location in the Camana Bay Development area of Grand Cayman, Narayana Hrudayalaya said.
Specific departments would include medical oncology, surgical oncology and radiotherapy, Narayana Hrudayalaya said.
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NEW DELHI: Narayana Hrudayalaya shares rose 4 per cent on Monday after the company said its subsidiary plans to come up with a new 50-bed facility in Cayman Islands, entailing an estimated investment of $100 million or around Rs 725 crore. ....

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NTPC, Jubilant Foodworks, Tata Consumer in focus

NTPC informed that consequent upon successful commissioning, 5 MW last part capacity for 20 MW Auraiya Solar PV Project at Auraiya, UP, has been declared on Commercial Operation with effect from 20 February 2021.
Jubilant Foodworks announced it will fully acquire Fides Food Systems Coeratief U.A., Netherlands (Fides) for an agreed investment of approximately GBP 24.80 million through its wholly owned subsidiary - Jubilant Foodworks Netherlands B.V.
Tata Consumer Products has successfully completed the acquisition of 100% of the equity share capital of the Kottaram Agro Foods. Consequently, Kottaram Agro Foods has become wholly owned subsidiary of the company.
Aarti Drugs informed that Pinnacle Life Science LLC, a Wholly Owned Subsidiary of the company, incorporated at International Free Zone Authority (IFZA), Fujairah, UAE, has been closed / wound-up. ....

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Indices regain positive zone amid volatility

Volatility struck bourses in early trade as the key indices once again regained positive zone soon after erasing early gains. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 50.16 points or 0.1% at 50,939.92. The Nifty 50 index was up 2.90 points or 0.02% at 14,984.65.
The S&P BSE Mid-Cap index was up 0.11%. The S&P BSE Small-Cap index was up 0.27%.
The market breadth, indicating the overall health of the market, is positive. On the BSE, 1180 shares rose and 889 shares fell. A total of 122 shares were unchanged.
Stocks in news:
NTPC rose 0.38%. NTPC informed that consequent upon successful commissioning, 5 MW last part capacity for 20 MW Auraiya Solar PV Project at Auraiya, UP, has been declared on Commercial Operation with effect from 20 February 2021. ....

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