Monday, November 13, 2017

Ziqitza Healthcare Ltd refutes malicious reports.




Ranchi, Nov 11, 2017: Ziqitza Health Care Ltd. (ZHL), one of India’s leading emergency medical service provider, announces that it will soon commence their services in Jharkhand. The company strongly refutes the wrongful and baseless reports about its business and believes these malicious attacks are politically motivated. Contrary to the incorrect and uncorroborated media reports, ZHL has every legal right to conduct its business in India and abroad. The company has not been blacklisted in any State in India or overseas. The company successfully manages and operates EMS in partnership with the State Governments in Odisha, Madhya Pradesh, Punjab and has played a pivotal role in saving lakhs of lives in these regions.
ZHL has won the bid for Jharkhand EMS after emerging as the L1 bidder, through a fair and transparent online tender where two companies were shortlisted after a rigorous review process. The tender was administered as per the statutory guidelines and regulations laid down by the NHM and the State Government of Jharkhand.
Ziqitza condemns the recent reports that many media outlets have published out of context, with a clear intention to sensationalise the news. Ziqitza had received foreign investments from two leading reputed companies. One of the shareholders, as reported by news agency, had routed their investments through a company incorporated in Mauritius, which was the case with most foreign investments made in India at that point of time. ZHL had adhered to all approvals / compliance and disclosures to all the regulatory authorities of their respective jurisdiction in India and abroad. The Company had also reported all related transactions to the RBI and other regulatory authorities as applicable. The media has conveniently ignored that the original newspaper report has clearly mentioned that being on the list does not make any investments illegal or illegitimate.

ZHL had been set up with a vision to assist in saving human lives by providing a leading network of fully equipped Advanced and Basic Life Support Ambulances across the developing world. ZHL is currently operating 2100 plus Ambulances across Mumbai, Bihar, Kerala, Punjab and Odisha, J&K, MP and Tamil Nadu. ZHL has reputed investors like Acumen Fund, GMR/AMR (USA largest Ambulance Company), HDFC, IDFC and India Value Fund on board. ZHL’s
Strategic Partners include London Ambulance Services, Life Supporters Institute of Health Science and New York Presbyterian Emergency Medical Service (NYP-EMS).
ZHL has currently more than 9000 people working tirelessly, day and night, to serve people in India. ZHL is currently operating more than 3000 ambulances across 18 states and have served more than 6 million people, till date.

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