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India.com
20-05-2025
- Health
- India.com
Meet man who owns 71 hospitals, 5000 pharmacies, goes office daily at age of 92, net worth is Rs 26560 crore, his name is...
New Delhi: Age 92 years, working 9 hours a day and a business worth thousands of crores. You might not believe it at first but this is the reality. At this age when most people become incapable of moving around, Dr. Prathap C. Reddy, the founder of Apollo Hospitals, goes to his office every day at the age of 92. The hard work and vision of the founder of the largest hospital network in the country have transformed the entire scenario of health services in India. Dr. Reddy works in the office every day from 10 AM to 5 PM. Even today, Dr. Reddy's energy and dedication to work are no less than that of a young person. He says that health services are his passion and he wants to continuously improve them. Dr. Reddy started the country's first corporate hospital, Apollo Hospitals, in 1983. At that time, there was a lack of good healthcare facilities in the country, and people used to go abroad for treatment. Dr. Reddy was determined to provide global-level medical facilities within the country. His vision has forever changed the healthcare services in the country. Born in Chennai, Dr. Reddy studied MBBS at Stanley Medical College and received training as a cardiologist in the United States. A letter from his father in the 1970s inspired him to return to India. In 1979, the death of a patient due to inadequate facilities shattered him so much that he decided to start Apollo Hospitals afterward. He also vowed that no one would die due to lack of treatment again. Today, Apollo Hospitals is not just a hospital but a large healthcare empire. Apollo has 71 hospitals, over 5000 pharmacy outlets, 291 primary care clinics, a diagnostic network, and a digital health platform across the country. Quality healthcare services are being provided at every corner of the country by this group. The group is continuously expanding these facilities. The market cap of Apollo Hospitals is currently over 70,000 crores. The Reddy family holds a 29.3% stake in it. According to Forbes, Dr. Reddy's total wealth is Rs 26,560 crores. Despite such wealth, he lives a very simple life. Dr. Reddy believes that success makes us humble and inspires us to work more for the country. In an interview with Business Today, he said, 'We should use our success to make the country better.'
India.com
13-05-2025
- Health
- India.com
Meet Dr Prathap Reddy, 92-year-old who built India's largest healthcare empire, owns 71 hospitals, 5000 pharmacy outlets still works daily, his net worth is Rs…
Meet Dr Prathap Reddy, 92-year-old who built India's largest healthcare empire, owns 71 hospitals, 5000 pharmacy outlets, his net worth is Rs... At an age when most people slow down, 92-year-old Dr. Prathap C. Reddy is still going strong, showing no signs of stepping back. The man behind Apollo Hospitals starts his day at 10 in the morning and works until 5 in the evening and six days a week. His routine, filled with energy and commitment, would put even younger professionals to shame. Dr. Reddy is the trailblazer who introduced India's first corporate hospital i.e. Apollo Hospitals. His bold idea transformed the medical department by bringing top-quality healthcare within reach of millions. He dreamed of a time when Indians wouldn't have to go abroad for advanced medical treatment and he made that dream come true. Hailing from Chennai, Dr. Reddy earned his MBBS from Stanley Medical College and later went to the U.S. to specialize in cardiology. Though he could have built a successful life there, a heartfelt letter from his father in the early 1970s changed everything. It urged him to return to India and serve his homeland. That one decision laid the foundation for a revolution in Indian healthcare. How the idea of Apollo Hospitals was born? In 1979, the death of a patient in India caused by the lack of advanced medical facilities left a lasting impact on Dr. Prathap C. Reddy. That tragic moment became the spark that ignited a mission: to bring world-class healthcare to India. Dr. Reddy promised himself that no one should lose their life simply because quality treatment wasn't available close to home. What began as a single hospital has grown into one of India's most trusted healthcare networks. Today, Apollo Hospitals operates 71 hospitals, over 5,000 pharmacies, nearly 300 primary care clinics, a widespread diagnostics network, and a growing digital health platform. It has become a lifeline for millions across the country, offering advanced care across various specialties. Beyond healthcare, Apollo has a market capitalization of more than Rs. 70,000 crore, the company is both a medical and financial powerhouse. The Reddy family holds nearly a 30 per cent stake in the enterprise, highlighting their continued dedication to its vision and future. Dr. Reddy's net worth According to Forbes, Dr. Reddy's personal net worth stands at approximately Rs. 26,560 crore. Yet, despite his enormous success, he remains deeply grounded. For him, the goal has never been wealth, it has always been service. His financial achievements are simply the outcome of a purpose-driven life. Dr. Reddy's story is one of vision, compassion, and determination. In a past interview with Business Today , he said, 'Success should make us humble and inspire us to do more for the country.' Even at 92, he lives by those words.
New Indian Express
13-05-2025
- Health
- New Indian Express
Over 30 government medical colleges get NMC show-cause notice
CHENNAI: The National Medical Commission (NMC) has sent show-cause notice to over 30 government medical colleges, including renowned ones like Stanley Medical College (SMC) and Omandurar Medical College, in the state for failing to meet the standard on different parameters. The communications, asking them to submit written clarifications on the issues within a week's time, were sent individually to the colleges over the past 10 days. Although, some colleges do receive such notices every year, sources at the Directorate of Medical Education (DME) said this is the first time such a large number of colleges has received notices. The state has 36 government medical colleges with a total of 5,050 MBBS seats. Sources in the DME assured that the concerns raised were not of serious nature and therefore would not impact the number of seats. Some of the colleges have already replied to the NMC. In the case of Stanley Medical College, the NMC said 16 out of 20 departments, including general medicine, obstetrics and gynaecology, forensic medicine and toxicology, faced shortage of faculty, residents, and tutors as per the Aadhaar-enabled biometric attendance system (AEBAS) data. In Omandurar Medical College, the NMC reportedly cited the number of major operation theatres (OTs) for minor surgeries is inadequate, besides shortage of faculty. In its reply Dr A Aravind, dean, Omandurar Medical College cited shortage in faculty is due to a Madras High Court stay on transfer counselling. The faculty and resident deficiency in various departments will be filled in the upcoming round of state transfer counselling, he said, clarifying that each surgical specialty has one OT for minor surgeries.
India.com
12-05-2025
- Business
- India.com
Meet man behind 71 hospitals and 5,000 pharmacies, at the age of 92 he still goes to office for..., his name is...
Meet man behind 71 hospitals and 5,000 pharmacies, at the age of 92 he still goes to office for…, his name is… At the age of 92, when most of the elderly plan their hospital visits and have retired from active life, Dr. Prathap C. Reddy still goes to office, setting an example for younger generations. He reaches to office at sharp 10 am and clocks out at 5 pm, working six days a week. Reddy is the founder of Apollo Hospitals, which is India's first corporate hospital. His idea of starting a corporate hospital revolutionised the country's healthcare system, providing high-quality medical treatment to people. He dreamt of providing a world-class medical facility in India so that Indians didn't need to travel abroad for treatment. Let's know about Dr. Prathap C. Reddy. Who is Dr. Prathap C. Reddy? Reddy was born in Chennai and completed his MBBS from Stanley Medical College. He then moved to America to train as a cardiologist. He had the opportunity to build a successful career overseas, but he returned to India after his father sent him a heartfelt letter in 1970s. Reddy's father requested him to return home and contribute to his country. An incident in which a patient died in India due to a lack of medical facilities in 1979 deeply impacted Dr. Reddy. He decided to open a hospital to provide world-class treatment to people. This decision became the turning point in his life. He started a single hospital, but over the years it has grown into a healthcare empire. Today, Apollo Hospitals operates as many as 71 hospitals in different parts of the country. Not only that, the brand has over 5,000 pharmacy outlets, 291 primary care clinics, and a digital health platform as well. Financial Giant Apart from dominating the healthcare sector in India, Apollo Hospitals is also a financial giant, as the company has a market capitalisation of 70,000 crore. Dr. Reddy's family owns 29.3 percent of stake in the company. Dr. Prathap C. Reddy's Net Worth According to Forbes, Dr. Reddy's net worth is approx Rs 26,560 crore. Dr. Reddy's life is a reflection of ambition, compassion, and impactful action. His belief, expressed in a Business Today interview, that success necessitates humility and increased national contribution, remains central to his life at age 92. His career demonstrates that leadership transcends age, and lasting positive change defines genuine success.
India.com
12-05-2025
- Business
- India.com
Meet 92-Year-Old Who Heads To Office Daily, Owns 71 Hospitals And 5,000 Pharmacy Outlets—Know His Jaw-Dropping Net Worth
photoDetails english 2899820 Updated:May 12, 2025, 09:48 AM IST Goes to Work Daily 1 / 8 At 92, when most people have retired from active life, Dr. Prathap C. Reddy continues to lead by example. The founder of Apollo Hospitals starts his workday at 10 a.m. and clocks out by 5 p.m., working six days a week with the discipline and energy of someone decades younger. His unwavering dedication to healthcare and service has made him a symbol of perseverance and purpose. The Visionary Behind Apollo Hospitals 2 / 8 Dr. Reddy is the visionary founder of Apollo Hospitals, India's first corporate hospital. His pioneering idea revolutionized the country's healthcare system by making high-quality medical care accessible to millions. He saw a future where Indians didn't need to travel abroad for treatment—and turned that vision into a powerful reality. Humble Beginnings 3 / 8 Born in Chennai, Dr. Reddy completed his MBBS from Stanley Medical College before moving to the United States to train as a cardiologist. While he had the opportunity to build a successful career overseas, a heartfelt letter from his father in the early 1970s urged him to return home and contribute to his country. That decision would go on to change Indian healthcare forever. A Personal Tragedy 4 / 8 In 1979, a patient tragically died in India due to the lack of advanced medical facilities—a moment that deeply impacted Dr. Reddy. This event became the turning point that pushed him to establish Apollo Hospitals. He vowed to bring world-class healthcare to India, so that no life would be lost due to inadequate infrastructure ever again. From One Hospital to Healthcare Empire 5 / 8 What started as a single hospital has today grown into a healthcare empire. Apollo Hospitals now operates 71 hospitals, over 5,000 pharmacy outlets, 291 primary care clinics, a diagnostic network, and a digital health platform. The group has become a household name in India, offering care across specialties and cities, and continues to expand its reach. Massive Market Cap and Family Control 6 / 8 Apollo Hospitals is not just a leader in healthcare, it's a financial giant too. The company boasts a market capitalization of over Rs 70,000 crore. The Reddy family holds a 29.3 per cent stake in the group, reflecting their deep involvement and long-term commitment to the organization's mission and success. Net Worth 7 / 8 According to Forbes, Dr. Prathap C. Reddy's net worth is estimated at Rs 26,560 crore. Despite his massive financial success, he remains grounded and focused on service. His wealth is a byproduct of his purpose—to build a healthier India—rather than a personal goal. A Life That Inspires Generations 8 / 8 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.
