Tata Memorial Centre, ICICI Bank launch construction of new Rs 550-crore block at Homi Bhabha Cancer Hospital in Visakhapatnam
Tata Memorial Centre (TMC), in collaboration with ICICI Bank, has commenced the construction of a new cancer care block at the Homi Bhabha Cancer Hospital and Research Centre (HBCHRC) in Visakhapatnam.
The ICICI Foundation Block for Child and Blood Cancer, an eight-storey facility, is being funded through a Rs 550-crore commitment by the bank and is expected to be operational by 2027, subject to approvals.
The new facility will add over 215 beds and is designed to treat 3,000 patients annually. It will focus on paediatric and hematolymphoid cancers, expanding the hospital's overall capacity and services, including bone marrow transplants and immunotherapy.
The project is part of the bank's Rs 1,800-crore corporate social responsibility commitment to TMC, which also includes funding blocks in Navi Mumbai and New Chandigarh. Combined together, these blocks will cover 10.7 lakh sq ft and accommodate 555 beds and 19 Linear Accelerators or LINACs that are advanced devices for targeted cancer radiotherapy.
'This project, one of the largest in the eastern corridor for child and blood cancer, will serve patients from Andhra Pradesh and nearby eastern states, helping address the growing need for cancer treatment,' said ICICI Bank chairman Pradeep Kumar Sinha, who laid the foundation stone for the block in the presence of TMC director Dr Sudeep Gupta and other officials. The NK Rao Auditorium was also inaugurated at the same campus.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
2 hours ago
- India.com
Meet 92-Year-Old Who Heads To Office Daily, Owns 71 Hospitals And 5,000 Pharmacy Outlets, His Bond With Ram Charan Will Surprise You— Find Out His Net Worth
photoDetails english 2915780 Updated:Jun 14, 2025, 09:42 AM IST Still Going Strong at 92 1 / 9 At 92, Dr. Prathap C. Reddy continues to work every day, showing no signs of slowing down. He clocks in at 10 a.m. and wraps up by 5 p.m., working six days a week. As the founder and guiding force behind Apollo Hospitals, his passion for improving lives keeps him active and engaged, making him a rare example of unwavering commitment in today's world. Connection with Ram Charan 2 / 9 Apart from his professional achievements, Dr. Reddy also has notable family connections. He is the father-in-law of Telugu superstar Ram Charan and the grandfather of Upasana Kamineni, who is married to the actor. The family shares a close bond, and Upasana often credits Dr. Reddy for being a major influence and guiding force in their lives. Founder of India's First Corporate Hospital 3 / 9 Dr. Reddy pioneered a healthcare revolution in India by establishing Apollo Hospitals in 1983—the country's first corporate hospital. Before this, most Indians had to travel abroad for complex surgeries or specialized treatments. His vision made world-class healthcare accessible at home, transforming the Indian medical landscape forever. From Chennai to the U.S.—And Back 4 / 9 Born in Chennai, Dr. Reddy earned his MBBS from Stanley Medical College and later moved to the United States to specialize in cardiology. While he was on track for a thriving international career, a heartfelt letter from his father in the early 1970s encouraged him to return to India and serve the nation. That decision laid the foundation for one of India's largest private healthcare empires. A Tragedy That Sparked a Mission 5 / 9 In 1979, a patient in India lost their life due to the lack of timely, advanced medical care. This deeply moved Dr. Reddy and pushed him to act. He was determined to ensure that no Indian would die simply because quality healthcare was out of reach. This moment marked the beginning of Apollo Hospitals. A Nationwide Healthcare Empire 6 / 9 What began as a single hospital in Chennai has today grown into one of India's largest and most trusted healthcare networks. Apollo Hospitals now operates 71 multi-specialty hospitals across the country, over 5,000 pharmacy outlets, 291 primary care and diagnostic clinics, and even a digital health platform. From cities to small towns, Apollo has made healthcare more accessible and affordable, becoming a household name trusted by millions. The Financial Power of Apollo 7 / 9 Apollo Hospitals is not just a leader in healthcare—it's a financial success story too. With a market capitalization of over Rs 70,000 crore, it ranks among India's top healthcare companies. The Reddy family holds a 29.3 per cent stake, underscoring their long-term commitment and deep involvement in its growth and direction. His Net Worth Will Leave You Stunned 8 / 9 According to Forbes, Dr. Prathap C. Reddy's net worth is estimated at Rs 26,560 crore. Despite his extraordinary wealth, Dr. Reddy remains humble and focused on improving healthcare delivery. For him, money was never the goal—his purpose has always been saving lives and building a healthier nation. A Life of Purpose and Perseverance 9 / 9 Dr. Reddy's life story is a blend of ambition, empathy, and action. In an interview with Business Today, he once said, 'Success should make us humble and inspire us to do more for the country.' Even at 92, he embodies this principle daily. His journey serves as a powerful reminder that age is no barrier to leadership, and that true success lies in creating lasting impact.
Time of India
2 hours ago
- Time of India
IMA to Tatas: Hand payouts to kin of med college victims too
Ahmedabad: The Gujarat chapter of Indian Medical Association (IMA) Friday wrote to Tata Sons chairman N Chandrasekaran demanding similar compensation for medical students killed and injured in the Air India flight crash as has been announced for the passengers on board the ill-fated Boeing Dreamliner. In its letter, the medical association appreciated Air India's announcement to pay Rs 1 crore compensation to the families of each of the passengers who lost their lives in the tragedy and for renovation of BJMC college hostel. "We request you to also consider extending financial assistance and necessary support to the medical students present at the crash site who were injured or lost their lives in this unfortunate event. These individuals were not only victims but also future pillars of our healthcare system, and their well-being and families deserve similar care and support," stated the letter signed by Dr Mehul Shah, president of IMA's Gujarat chapter, and other officebearers.
New Indian Express
3 hours ago
- New Indian Express
Karnataka allocates Rs 12 crore for child hearing aid scheme
BENGALURU: The Karnataka government has approved the redesign and implementation of the Shravana Sanjeevini scheme for this year, with an allocation of Rs 12 crore. The revised scheme aims to strengthen early detection and intervention for hearing loss in children, including support for cochlear implant surgeries and maintenance of devices. The scheme will be implemented only in empanelled hospitals under strict performance and outcome-based conditions. The scheme will restrict cochlear implant surgeries to children up to 2 years of age. However, in exceptional cases, surgeries may be approved based on the recommendation of an expert panel.
