According to reports, Fortis Healthcare is likely to strike a deal to get hold of 74% equity stake in unlisted Wockhardt Hospitals for about Rs 7.5 billion.

If the deal get finalizes, Fortis will have to invest Rs 4 billion during the initial phase to acquire a 40% equity stake, which will be raised later.

But, a formal agreement is yet to be sealed, with both companies in the process of ironing out differences, which include the issue of branding the hospital chain, the report added.

Stock market expert  has maintained ‘Buy’ rating on Unitech stock to achieve an intraday target of Rs 36.50.

According to him, day traders can buy the stock around Rs 34 with a stop loss of Rs 33.50.

Shares of the company, on Monday (March 30), closed at Rs 33.70 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 5.62 and 6.25 respectively. The share price has seen a 52-week high of Rs 338 and a low of Rs 21.80 on BSE.

French nuclear giant Areva announced plans on March 30 to expand its India operations. The company will start operations this week at eight new factories in India.

On Monday, the company started off its four factories at Kotambi near Vadodara in Gujarat.

Ace Bollywood beauty Tabu made a comeback in Lakme Fashion Week and impressed the audience with her alluring beauty along with her beau Nagarjuna.

Nagarjuna in a white shirt and blue jeans and Tabu in a black number swept the cheering crowd’s heart away when they walked the ramp for designer Asmita Marwah on the opening day of the Lakme Fashion Week at Grand Hyatt, Mumbai.

They both looked comfortable in each other’s company.

The actress kept mum about her so-called relationship with Nagarjuna up till now.

Abhilasha Rahurikar, a 16 months and two weeks old baby girl, came to Apollo Hospital with a hope of a new life, but instead given a new life to many others.

The little girl from Bhopal was diagnosed with Biliary Atresia, a rare condition in newborns in which the common bile duct between the liver and small intestine is blocked or absent, soon after birth.

Abhilasha underwent a complicated surgery in Bangalore to correct her problem when she was just 3-months old.

The doctors then referred her to the Apollo Hospital to undergo a liver transplant.

AMD has made available the $899-priced ATI FirePro V7750 graphics accelerator for the high-end market, meeting the needs of professional content creators, who use graphics in engineering, digital content creation and scientific fields.

The DisplayPort outputs and a Dual Link enabled DVI output capabilities of the ATI FirePro V7750 generate in conjunction an over 5000 pixels wide multi-monitor desktop in a single-slot form factor. AMD says that its ATI FirePro delivers precise color reproduction and visual quality of intricate and huge data sets.