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NEEDLE MANUFACTURERS ASSOCIATION
Beyond Jio IPO: 5 triggers Mukesh Ambani has lined up to revive Reliance shares for 44 lakh investorsReliance Industries is charting a new course to boost its stock for 44 lakh investors, moving beyond a potential Jio IPO. Billionaire Mukes...- Healthium Medtech CEO Anish Bafna steps down, moves to non-executive chairman roleHealthium Medtech's CEO Anish Bafna is transitioning to non-executive chairman as KKR-owned company seeks a new chief within a month. Bafna...
- In 1850, a mechanic experimenting with sewing-machine parts settled on a new needle arrangement; it became the design most modern sewing machines still followOften misunderstood, the journey of the sewing machine arose through teamwork rather than individual ingenuity. Isaac Singer's invention in...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- US tariff cut to boost India's medical devices exportsIndia's medical device exports are set for a major boost. The US has reduced tariffs on Indian goods significantly. This move makes Indian ...
- Govt gives BIS exemption to parts used in medical devices for nowThe steel ministry has temporarily suspended its notification requiring Indian standards compliance for raw materials used in medical devic...
- Medical device firms sound the alarm over new steel standardsEarlier, foreign suppliers only needed BIS certification for finished steel products. Under the new rule, materials like hot rolled steel, ...
- Can injections be needle-free, painless? This Pune-based firm has the answerIntegriMedical has introduced a needle-free injection system (N-FIS) that eliminates the need for any prick or piercing, potentially allevi...
- Impose safeguard duties on medical devices: AiMeDThe Association of Indian Medical Device Industry (AiMeD) has requested the government to impose safeguard duties on 12 medical device cate...
- KKR, Carlyle and EQT among five buyout funds in race for HealthiumKKR, Carlyle, EQT, Hillhouse, and TA Associates are competing to acquire Healthium Medtech, the largest homegrown surgical sutures and surg...
- Syringe companies feel the pain as vaccination rate dipsProduction of AD immunisation syringes at its plants has fallen from 4.5-5.0 million units per day a year ago to 500,000-600,000 now. "We a...
- Indian syringe makers told to put stocks on hold by two monthsIn an email dated February 14 to syringe makers, Central Medical Service Society (CMSS)-the government’s procurement body told the manufact...
- Quantitative restriction on export in place for certain syringe types for 3 months: Health ministryThe restriction applies to just three categories of syringes, it said and added that syringes are vital to sustain the momentum of the prog...
- AiSMA expresses concerns over government’s decision to restrict syringe exportRajiv Nath, President, All India Syringes and Needles Manufacturers Association (AiSNMA) urged the government to lift the restriction on no...
- COVID-19 vaccine: India Aatmanirbhar for syringes, says industryThis capacity is already built up by the manufacturers taking learning from mask and PPE kits experience India faced in March and April 202...
- Garment manufacturers say key spares only available in China, awaits importsProducers have also said that similar textile materials can be procured from Vietnam, Turkey, Taiwan and Thailand. However, some key access...
- Medical gear cos find going tough as states seal hotspotsManufacturers of critical medical items like gloves, masks, needles and sutures in various parts of the country including Noida and Gurugra...
- Retail prices of syringes marked up as much as 664%, shows new reportThe report, which has analysed available data on the trade margins of these products, has also found the retail prices of needles to be mar...
- Domestic firms volunteer to drop syringe, needle prices over 50%According to an industry executive who did not wish to be named, the domestically manufactured syringes and needles market together is esti...
- Rein in MRP or government will, syringe makers toldThe NPPA had issued notice to the hospital following allegations of over-charging by the parents of the girl who died after leaving the hos...
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