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Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare features among India's Top 5 cash-rich promoters - Middle East Business News and Information
Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare features among India's Top 5 cash-rich promoters - Middle East Business News and Information

Mid East Info

time21-07-2025

  • Business
  • Mid East Info

Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare features among India's Top 5 cash-rich promoters - Middle East Business News and Information

Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare is now among India's top five promoter-investors in India in FY25, with a dividend income of ~₹2,594crore. He is the only entrepreneur from Kerala to be featured on the prestigious list, which includes prominent industrialists like Mukesh Ambani, Anil Agarwal, and Azim Premji. The company had declared a special dividend of Rs.118.0 per equity share, a final dividend of Rs.2.0 per equity share and an interim dividend of Rs.4.0 per equity share in FY25. The promoters currently hold 42% stake in Aster DM Healthcare. This milestone reflects not just personal wealth creation, but the robust financial health and operational performance of Aster DM Healthcare—an integrated healthcare organization built with the mission of providing accessible, high-quality care across India and GCC. The same year Aster also announced its landmark merger with Quality Care India Ltd. (QCIL). The merger positions Dr. Moopen led Aster DM Quality Care Ltd. (the combined entity) backed by Blackstone among India's top three hospital chains, with 38 hospitals and over 10,300 beds across 27 cities. Unlike many other promoters in the list, Dr. Moopen's rise stems from an enterprise that prioritizes clinical excellence and community care. From a single clinic in Dubai in 1987 to 900+ healthcare facilities across India and GCC and employing over 34,000+ professionals across seven countries, Dr. Moopen's journey exemplifies sustainable, impact-driven entrepreneurship. Dr. Moopen is recipient of Padma Shri, 4th highest civilian award by the Government of India in 2011 and has also been honoured with the 'Pravasi Bharatiya Samman' by the Government of India. Dr. Moopen's initiatives have played a pivotal role in expanding access to healthcare for underserved communities, underscoring his dual legacy as both a compassionate healer and visionary business leader. Recognising the urgent need for quality medical education and infrastructure in Wayanad, he established Dr. Moopen's Medical College—the first medical college in Kerala to be set up in a hilly, tribal, and backward district, marking a transformative step in uplifting healthcare access in Wayanad. He set up Aster Volunteers in 2016 which has grown to become one of the largest volunteering organisation globally with 85000+ volunteers working to provide disaster and improve medical access to remote areas. Following the devastating floods in Kerala in 2018, he pledged to rebuild lives by constructing homes for those affected, a promise he fulfilled in 2022 by handing 255 homes across the state. During the 2023 landslides in Wayanad, Dr. Moopen led from the front, directing his team and medical professionals to ensure swift deployment of aid and critical healthcare services. As Aster DM Healthcare enters its next phase of growth, Dr. Moopen's journey stands as a powerful example of how healthcare, rooted in purpose, can also become a powerful engine of sustainable financial value.

Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare features among India's Top 5 cash-rich promoters
Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare features among India's Top 5 cash-rich promoters

Web Release

time21-07-2025

  • Business
  • Web Release

Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare features among India's Top 5 cash-rich promoters

Dr. Azad Moopen, Founder & Chairman, Aster DM Healthcare is now among India's top five promoter-investors in India in FY25, with a dividend income of ~?2,594crore. He is the only entrepreneur from Kerala to be featured on the prestigious list, which includes prominent industrialists like Mukesh Ambani, Anil Agarwal, and Azim Premji. The company had declared a special dividend of Rs.118.0 per equity share, a final dividend of Rs.2.0 per equity share and an interim dividend of Rs.4.0 per equity share in FY25. The promoters currently hold 42% stake in Aster DM Healthcare. This milestone reflects not just personal wealth creation, but the robust financial health and operational performance of Aster DM Healthcare—an integrated healthcare organization built with the mission of providing accessible, high-quality care across India and GCC. The same year Aster also announced its landmark merger with Quality Care India Ltd. (QCIL). The merger positions Dr. Moopen led Aster DM Quality Care Ltd. (the combined entity) backed by Blackstone among India's top three hospital chains, with 38 hospitals and over 10,300 beds across 27 cities. Unlike many other promoters in the list, Dr. Moopen's rise stems from an enterprise that prioritizes clinical excellence and community care. From a single clinic in Dubai in 1987 to 900+ healthcare facilities across India and GCC and employing over 34,000+ professionals across seven countries, Dr. Moopen's journey exemplifies sustainable, impact-driven entrepreneurship. Dr. Moopen is recipient of Padma Shri, 4th highest civilian award by the Government of India in 2011 and has also been honoured with the 'Pravasi Bharatiya Samman' by the Government of India. Dr. Moopen's initiatives have played a pivotal role in expanding access to healthcare for underserved communities, underscoring his dual legacy as both a compassionate healer and visionary business leader. Recognising the urgent need for quality medical education and infrastructure in Wayanad, he established Dr. Moopen's Medical College—the first medical college in Kerala to be set up in a hilly, tribal, and backward district, marking a transformative step in uplifting healthcare access in Wayanad. He set up Aster Volunteers in 2016 which has grown to become one of the largest volunteering organisation globally with 85000+ volunteers working to provide disaster and improve medical access to remote areas. Following the devastating floods in Kerala in 2018, he pledged to rebuild lives by constructing homes for those affected, a promise he fulfilled in 2022 by handing 255 homes across the state. During the 2023 landslides in Wayanad, Dr. Moopen led from the front, directing his team and medical professionals to ensure swift deployment of aid and critical healthcare services. As Aster DM Healthcare enters its next phase of growth, Dr. Moopen's journey stands as a powerful example of how healthcare, rooted in purpose, can also become a powerful engine of sustainable financial value.

PM Modi calls Trinidad & Tobago PM Kamla Persad 'Bihar ki beti': Who is she, what's her India connection? - all you need to know
PM Modi calls Trinidad & Tobago PM Kamla Persad 'Bihar ki beti': Who is she, what's her India connection? - all you need to know

Time of India

time04-07-2025

  • Politics
  • Time of India

PM Modi calls Trinidad & Tobago PM Kamla Persad 'Bihar ki beti': Who is she, what's her India connection? - all you need to know

Bihar ki beti (Image: PTI) Prime Minister Narendra Modi met his Indian roots Trinidad and Tobago counterpart Kamla Persad-Bissessar on Friday (Thursday in T&T) and called her 'Bihar ki Beti' (daughter of Bihar), spotlighting her ancestral roots in Bihar's Buxar district. While addressing a community event during PM Modi's visit, Bissessar praised PM Modi and recited his poem from his book 'Aankh Aa Dhanya Chhe'. W ho Born on April 4, 1952, in Siparia, according to her official profile shared by the World Economic Forum, Kamla Persad-Bissessar rose from humble beginnings to become the first woman to serve as Attorney General, Leader of the Opposition, and eventually the first female Prime Minister of Trinidad and Tobago. Since January 2010, she has also served as the political leader of the United National Congress (UNC). Before entering national politics, Persad-Bissessar served as an alderman and later made her way to Parliament as the representative from Siparia in 1995. Over the years, she held several cabinet positions, including Attorney General, Minister of Legal Affairs, and Minister of Education. Ancestral bonds, global bridges Kamla Persad-Bissessar has deep ancestral ties to India — more specifically, to Bhelupur village in Bihar's Buxar district. In 2012, she visited her village during a private trip and called it one of the most emotional moments of her life. Welcomed with traditional Bihari folk songs, flower garlands, and heartfelt celebrations, she had told the villagers: 'I feel I've come home.' Kamla Persad-Bissessar's contributions have not only earned her acclaim in Trinidad and Tobago but also recognition in India. In 2012, she was conferred the Pravasi Bharatiya Samman — the highest honour for overseas Indians — by then President Pratibha Patil, acknowledging her outstanding leadership and her efforts in strengthening India-Trinidad ties. Scholar Before Stateswoman Kamla Persad-Bissessar earned a Bachelor of Arts and a Diploma in Education from the University of the West Indies, followed by a law degree from Hugh Wooding Law School, where she was ranked top of her class. Never one to stop learning, she later completed an Executive MBA from the Arthur Lok Jack Graduate School of Business in Trinidad in 2006. Before stepping into politics, Persad-Bissessar spent over six years in academics — teaching at the University of the West Indies, St Andrew High School in Jamaica, and serving as a Consultant Lecturer at the Jamaica College of Insurance. She also worked as a social worker with the Church of England Children's Society in London, combining compassion with intellect long before entering Parliament.

Thambirajah, champion of Indian education dies
Thambirajah, champion of Indian education dies

New Straits Times

time24-06-2025

  • General
  • New Straits Times

Thambirajah, champion of Indian education dies

KUALA LUMPUR: Prominent educationist and founder of the Sri Murugan Centre (SMC), Tan Sri Dr M. Thambirajah, died yesterday. He was 83. SMC co-director Surain Kanda, when contacted by Bernama, said members of the public may pay their last respects tomorrow at SMC Ashramam, Petaling Jaya, Selangor from 10am to 2pm, before the final rites at Nirwana Setia Alam at 3pm. "Tan Sri was more than just a leader; he was a visionary whose mission was clear - that every Indian home should produce at least one graduate. His efforts transformed the lives of thousands," he said. Born in 1942, Thambirajah founded SMC in 1982 with the aim of uplifting Indian students through academic support, personal discipline and self-confidence. What started as four small centres grew into a nationwide movement with over 103 physical and 128 virtual centres, currently serving more than 10,000 students annually. An alumnus of the University Malaya (UM), he went on to earn his M.A. and Ph.D. from the University of Washington, USA, and later completed his LL.B. (Hons) from the University of London. He served as a senior lecturer at UM and authored several influential works, including the history textbook Malaysia Dalam Sejarah. His lifetime contributions were recognised both in Malaysia and internationally. He was conferred the title Tan Sri in 2012 and received India's highest award for overseas Indians, the Pravasi Bharatiya Samman. Thambirajah also served on key national advisory bodies, including the Special Implementation Taskforce on the Indian Community and the Social Council under the Prime Minister's Department. "He believed in action over rhetoric, and service over self," said Surain, adding that over 52,000 students have graduated through SMC to date. Thambirajah is survived by his wife Puan Sri Indirani Arunasalam, two children Dr Sumitra Thambirajah and Anannd Thambirajah, and two grandchildren.

Thambirajah, champion of Indian community education dies
Thambirajah, champion of Indian community education dies

Sinar Daily

time23-06-2025

  • General
  • Sinar Daily

Thambirajah, champion of Indian community education dies

Born in 1942, Thambirajah founded SMC in 1982 with the aim of uplifting Indian students through academic support, personal discipline and self-confidence. 23 Jun 2025 02:30pm Condolences and floral tributes can be sent to SMC Ashramam, No. 40, Jalan Bukit 11/2, Petaling Jaya, Selangor. KUALA LUMPUR - Prominent educationist and founder of the Sri Murugan Centre (SMC), Tan Sri Dr M. Thambirajah, died today. He was 83. SMC co-director Surain Kanda, when contacted by Bernama, said members of the public may pay their last respects tomorrow at SMC Ashramam, Petaling Jaya, Selangor from 10 am to 2 pm, before the final rites at Nirwana Setia Alam at 3 pm. "Tan Sri was more than just a leader; he was a visionary whose mission was clear - that every Indian home should produce at least one graduate. His efforts transformed the lives of thousands,' he said. Born in 1942, Thambirajah founded SMC in 1982 with the aim of uplifting Indian students through academic support, personal discipline and self-confidence. What started as four small centres grew into a nationwide movement with over 103 physical and 128 virtual centres, currently serving more than 10,000 students annually. An alumnus of the University Malaya (UM), he went on to earn his M.A. and Ph.D. from the University of Washington, USA, and later completed his LL.B. (Hons) from the University of London. He served as a senior lecturer at UM and authored several influential works, including the history textbook Malaysia Dalam Sejarah. His lifetime contributions were recognised both in Malaysia and internationally. He was conferred the title Tan Sri in 2012 and received India's highest award for overseas Indians, the Pravasi Bharatiya Samman. Thambirajah also served on key national advisory bodies, including the Special Implementation Taskforce on the Indian Community and the Social Council under the Prime Minister's Department. "He believed in action over rhetoric, and service over self,' said Surain, adding that over 52,000 students have graduated through SMC to date. Thambirajah is survived by his wife Puan Sri Indirani Arunasalam, two children Dr Sumitra Thambirajah and Anannd Thambirajah, and two grandchildren. Condolences and floral tributes can be sent to SMC Ashramam, No. 40, Jalan Bukit 11/2, Petaling Jaya, Selangor. - BERNAMA

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