Fortis Leases 200-Bed Hospital in Greater Noida

02 Sep 2025 CW Team

The hospital, located on a 1.35-acre UPSIDA-leased land parcel with a built-up area of 270,000 sq. ft., has scope for expanding bed capacity by an additional 50 beds, bringing its potential to approximately 250 beds. Strategically positioned, the hospital is connected via the Greater Noida Expressway, Metro (Aqua Line), Yamuna Expressway, and Eastern Peripheral Expressway, and lies about 34 km from the upcoming Jewar International Airport.

This move enables Fortis to fully consolidate the hospital’s financials within its network and bolster its footprint in the rapidly urbanising NCR region. The Greater Noida area has witnessed sharp growth in population, residential development, and corporate presence in recent years, outpacing the existing healthcare infrastructure.

Strategic Vision and Commentary

Dr Ashutosh Raghuvanshi, MD & CEO of Fortis Healthcare Ltd, said:

“The inclusion of Fortis Hospital Greater Noida underlines our commitment to enhancing healthcare accessibility across the NCR. With Greater Noida emerging as a vital urban and industrial hub, this expansion allows us to meet rising healthcare demand with patient-centric, high-quality tertiary care.”

This development positions Fortis Healthcare to play a crucial role in meeting the region’s growing medical needs while contributing to Greater Noida’s emergence as a healthcare hub within Delhi-NCR. The move also aligns with Fortis’ broader strategy to expand its network, improve access, and deliver ethical, quality-driven healthcare services.

Fortis Healthcare Ltd has announced that its wholly owned subsidiary, International Hospital Ltd (IHL), has entered into a 15-year lease agreement with RR Lifesciences Ltd for a 200-bed operational multi-specialty hospital in Greater Noida. Previously managed by Fortis under an operations and management (O&M) arrangement since October 2022, the facility will now function as Fortis Hospital Greater Noida under the company’s direct operational and financial control.The hospital, located on a 1.35-acre UPSIDA-leased land parcel with a built-up area of 270,000 sq. ft., has scope for expanding bed capacity by an additional 50 beds, bringing its potential to approximately 250 beds. Strategically positioned, the hospital is connected via the Greater Noida Expressway, Metro (Aqua Line), Yamuna Expressway, and Eastern Peripheral Expressway, and lies about 34 km from the upcoming Jewar International Airport.This move enables Fortis to fully consolidate the hospital’s financials within its network and bolster its footprint in the rapidly urbanising NCR region. The Greater Noida area has witnessed sharp growth in population, residential development, and corporate presence in recent years, outpacing the existing healthcare infrastructure.Strategic Vision and CommentaryDr Ashutosh Raghuvanshi, MD & CEO of Fortis Healthcare Ltd, said:“The inclusion of Fortis Hospital Greater Noida underlines our commitment to enhancing healthcare accessibility across the NCR. With Greater Noida emerging as a vital urban and industrial hub, this expansion allows us to meet rising healthcare demand with patient-centric, high-quality tertiary care.”This development positions Fortis Healthcare to play a crucial role in meeting the region’s growing medical needs while contributing to Greater Noida’s emergence as a healthcare hub within Delhi-NCR. The move also aligns with Fortis’ broader strategy to expand its network, improve access, and deliver ethical, quality-driven healthcare services.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..