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HEALTHCARE REORGANISATION
CM Shivakumar announces one more Karnataka Bhavan in Delhi for civil servant aspirantsKarnataka's Cabinet has greenlit significant developments, including a new Karnataka Bhavan in Delhi for competitive exam aspirants, costin...
Apollo Hospitals taps Shobana Kamineni to chair soon-to-be listed Healthtech unitApollo Hospitals is appointing Shobana Kamineni as executive chairperson of its upcoming medical equipment business, Apollo Healthtech. Thi...
Meta told employees to work from home, then sent 4 am layoff emails to US staff, leaked memo reads: 'We’re now at the stage where...'Meta Layoffs: Meta has laid off approximately 8,000 employees globally, with many receiving termination emails early Wednesday. This move i...
Mankind Pharma profit jumps 30% on chronic therapy demand in Q4Mankind Pharma announced a significant 30 percent profit increase for the fourth quarter. This growth was fueled by strong demand for chron...
Amaravati still under construction, but Quantum Valley project already luring deep tech startups, scientistsAmaravati, a new city in Andhra Pradesh, is becoming a hub for quantum computing. A technology park called Quantum Valley is attracting sci...
Fractal bets big on enterprise AI despite TMT weakness dragging revenue growthAnalytics firm Fractal sees robust enterprise AI growth, with banking and life sciences booming at 40% and 80% respectively. Despite a dip ...
Apollo Hospitals to hive-off pharmacy, digital health businessesApollo Hospitals Enterprise has announced the separate listing of its omnichannel pharmacy and digital health businesses within 18-21 month...
Amazon reorganises healthcare business: ReportAmazon is restructuring its healthcare business into six new units following the departure of key executives. Despite the changes, no broad...
Macquarie sees potential upside in Indian pharma and CDMO stocksMacquarie is optimistic about Indian pharma and CDMO companies, predicting significant upside potential due to recent market corrections an...
Fortis Healthcare gets CCI nod to acquire additional stake in Agilus Diagnostics for Rs 1,780 crThe Competition Commission of India (CCI) has approved Fortis Healthcare's acquisition of an additional 31.52% stake in Agilus Diagnostics,...
Dabur scion Gaurav Burman buys 7.5% in healthtech startup MitsuGaurav Burman, scion of FMCG and consumer healthcare group Dabur India, has acquired a 7.5% stake in healthcare start-up Mitsu. Mitsu is a ...
Apollo Hospitals drops 5% as reorganisation of pharma biz drags Q4 profit down 46% YoYApollo Hospital’s scrip fell to a low of Rs 3,365.90 as against Rs 3,525.75 at the previous close on the BSE. The stock was last trading 1....
Competition Commission of India clears Fortis group's 'internal reorganisation'Under the deal, Fortis will be carrying out the rejig that involves three entities -- Fortis Healthcare Ltd (FHL), Fortis Malar Hospitals L...
India needs to reorganise its healthcare system: WHO'There is a need for strengthened regulatory mechanism to oversee quality of health service provision, in both public and private sector.'
Reorganisation of business to take 12-18 months, says Philips IndiaRoyal Philips recently announced separating its healthcare-lifestyle division from historic Lighting business in a dramatic streamlining mo...
- Medical tech firms on talent hunt
GE Healthcare, which estimates the Indian medical device industry at $3 billion and the imaging industry at $1 billion, says it is investin...
- Firstsource recasts operations; goes in for decentralisation
BPO Firstsource Solutions has joined other firms such as Avesthagen and Bharti which have already announced or are set to announce a rejig ...
- Cadila to restructure consumer products division
Pharmaceutical firm Cadila Healthcare on Tuesday said it will restructure its consumer products division with the subsidiary company Carnat...
- Siemens to rejig its major international operations
German engineering group Siemens is planning to shake up its national entities and reorganise international operations into 20 regional cen...
- TTK Healthcare ends tie-up with Sara Lee
TTK Healthcare has disposed of the medical devices/disposables manufacturing undertaking (Medical Devices Division) at Waluj, Aurangabad.