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Reddy family mulls exiting Apollo Munich Health Insurance, to sell its 41% stakes for Rs 1200 cr

Reddy family is seeking to sell its entire holding of 41 percent in Apollo Munich Health Insurance Co., for about 12 billion rupees ($170 million) in six months, the people said asking not to be identified as the discussions are private. The proceeds will be used to repay part of the debt raised by pledging Apollo Hospital’s equity as collateral, the people said.

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Indian doctors protest UK’s ‘unfair’ health surcharge 

“Clinicians wishing to work in the UK are already facing burdensome processes relating to regulation and immigration, and this surcharge is only going to see UK losing out on quality healthcare professionals from non-EU countries,” notes a letter from BAPIO president Ramesh Mehta and secretary Parag Singhal, sent to UK home secretary Sajid Javid last week 

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