Manappuram Health Care to invest Rs1,000 crore in 5 years

Manappuram Health Care  is to set up a chain of 50 sophisticated super speciality Medical, dental and diagnostics centres and hospitals in metros and mini metros across India.

Aiming to provide affordable health care, Manappuram Health Care, a venture of the Manappuram Group of Companies, would be investing nearly Rs 1,000 crore over the next five years to set up a chain of 50 sophisticated super speciality Medical, dental and diagnostics centres and hospitals in metros and mini metros across India.

The Kerala-based company, operating under the MAcare brand name, has set up a diagnostics centre and dental hospital at nearby Kaloor in over 17,000 square feet area, VP Nandakumar, chairman, Manappuram Group told reporters here.

When it becomes full fledged, the total investment here would be Rs 50 crore.
The centre would be inaugurated on December 10 by Union minister of state for Agriculture, Food and Public Distribution, KV Thomas.

Among the services being provided are a triple test-Ultrasound scan, mammogram and fine needle aspiration cytology for early detection of breast diseases. The centre has a high performance mammography machine, first such in the state, from GE Healthcare.

A super speciality medical centre will also come up at the centre shortly that will offer services of expert doctors from all fields of medicine, including cardilology, nephrology, neurology, gastroeneterology units.

The centre will also have a laproscopic day surgery unit of international standards in which patients can be discharged the same day after the surgery, Dr PD Prasanan, managing director Manappuram Health care said. This would be ready by February.
 

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BS TransComm gets orders worth Rs244 crore

BS TransComm has got an order for engineering, procurement and construction of a 765 KV Quad S/C transmission line for Raichur Sholapur Transmission Company.

BS TransComm has bagged orders worth Rs 244 crore for construction of transmission line, tower and substations related to power projects in different parts of the country.

The entity offers turnkey service and technology solutions to power and telecom sectors. In a statement today, BS TransComm said the combined value of these orders was Rs 244 crore.

The company has got an order for engineering, procurement and construction of a 765 KV Quad S/C transmission line for Raichur Sholapur Transmission Company Ltd. The contract is to be executed by July 2013.

According to the statement, the firm has bagged orders from Chhattisgarh State Power Transmission Ltd for setting up of two substations of 132/33KV in Raipur.

"The scope of works includes design, supply, erection, and testing & commissioning on a turnkey basis and the completion period for both the projects twelve months," it added.

Further, BS TransComm has bagged an order from Power Grid for supply of tower package for 765KV S/C Jaipur – Lakha ka Nangal Transmission line spanning 126 kilometre, associated with the Phase I Generation project in Orissa.
In the late afternoon, BS TransComm was trading at around Rs125.50 per share on the Bombay Stock Exchange, 0.32% up from the previous close.

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Infosys to start work in West Bengal in 6 months

Executive co-chairman S Gopalakrishnan said that in the first phase, 5,000 jobs would be created and the approximate investment would be Rs100 crore.

IT major Infosys Technologies will start construction work on its first software development centre in West Bengal, at Rajarhat near here, in three to six months, a top company official said today.

"We have paid the money and got possession of the land. We hope to start construction work in three to six months," Infosys Technologies executive co-chairman S Gopalakrishnan said on the sidelines of a CII event.

He said in the first phase, 5,000 jobs would be created and the approximate investment would be Rs100 crore.

He said while 35,000 professionals had been already hired so far this fiscal, another 10,000 would be hired by the end of March, 2012. The present headcount of the company is 1.40 lakh.

When asked whether Infosys would shift its focus outside the US and Europe due to the slowdown in these economies, he said, "Any shift will take time."

"We are looking at the markets of China, South Africa, Malaysia and Indonesia," he added. Gopalakrishnan said despite the global turmoil, the IT sector has shown resilience and there have been no lay-offs.

"There would, however, be consolidation in IT sector and those who have the niche capability will survive," he said.

In the late afternoon, Infosys Technologies was trading at around Rs2725.10 per share on the Bombay Stock Exchange, 0.05% up from the previous close.

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