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Tax raid on Apollo Hospital properties

Speed News Desk | Updated on: 14 February 2017, 3:58 IST

Apollo Hospital, the country's largest healthcare chain, came under the Income Tax department's scanner today as investigators conducted a raid at several of its properties across the country.

According to the Economic Times, sources have confirmed the raid.

Further information is still awaited.

The hospital chain was started by cardiologist Prathap C Reddy over 30 years ago. It is now managed by his four daughters.

As of September 2015, there are 64 Apollo Hospitals across the country. The Chennai-based chain, also has hospitals in Bangladesh, Kuwait and Qatar.

First published: 5 January 2016, 3:13 IST