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ONLINE PHARMACY REVENUE
Pharmeasy-parent’s loss narrows in Q1, revenue up 10%API Holdings, parent of PharmEasy and Thyrocare, narrowed its Q1 FY27 loss to Rs 29.6 crore from Rs 145.4 crore a year earlier, while reven...- Pharmeasy parent clears Rs 1,050 crore debt, frees Thyrocare stake from pledgeThe debt repayment marks the latest step in API Holdings’ efforts to clean up its balance sheet after a difficult period struggling to rais...
- Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovationsThe Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, ...
- Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
- Meet Mana Jampala: The 12-year-old who learned Python at age 9 and built Voxa, an AI startup helping businesses in multiple countries avoid missed calls and customersA twelve-year-old student named Mana Jampala created an AI receptionist. This innovative tool, Voxa, helps small businesses manage customer...
- RIL AGM: Jio listing soon, but anybody's guess on Reliance Retail IPO. Here's what Mukesh Ambani saidReliance Industries Chairman Mukesh Ambani steered clear of any timeline for the much-anticipated Reliance Retail IPO at the recent annual ...
- US visa restrictions on owner of India-based pharmacy, 13 associates for fentanyl traffickingThe US has imposed visa restrictions on 13 individuals linked to an India-based online pharmacy, KS International Traders, and its owner fo...
- Tata 1mg plans more offline forays as it looks to raise $300 millionTata 1mg is entering a new growth phase with plans to expand offline and raise $300 million in external funding. Backed by Tata Digital, th...
- PharmEasy’s FY23 operating revenue up 16% to Rs 6,644 crore; net loss widens 30%PharmEasy’s parent firm API Holdings cut down its advertising and promotional expenses to Rs 235 crore, less than half of what it incurred ...
- Tata 1mg scale grows in FY23 but losses more than double on one-time expenseA significant chunk of the increase in Tata 1mg's loss was attributable to a Rs 668.1 crore one-time expense.
- Apollo Hospitals shows signs of normalisation in Q4 as Covid woes waneIndia's largest private healthcare company, Apollo Hospitals Enterprise (AHEL), reported a subdued sequential performance Wednesday due to ...
- Apollo using digital to move closer to the consumer: Suneeta Reddy, MD"I think our performance has clearly shown that Apollo has the ability, the agility to handle both Covid and non-Covid situations. This qua...
- Online pharmacy firms see massive order surge in second waveHigh caseloads in cities coupled with regional lockdowns, especially in large metros, has pushed consumers to order online than visit offli...
- Pharmacy growth helps Apollo offset hospital business painApollo has started online services including pharmacy, healthcare consultancy and diagnostic services. It has launched Apollo 24×7, India’s...
- For Apollo Hospitals, online pharmacy is the new growth frontierThe largest hospital chain in India has started online services including pharmacy.
- No restrictions on online sales of medicines for now: Madras HCThe bench has reserved its orders on the plea to stay an earlier court order that banned the sale of medicines online from December 20, whi...
- Madras High Court reserves order on lifting e-pharmacies banThe online pharmacies industry as a whole rakes in revenues of around Rs 100-150 crore every month, with the industry seeing annual turnove...
- Apollo Hospitals to divest front-end pharmacy businessApollo Pharmacy Ltd (APL) will be a wholly-owned subsidiary of Apollo Medicals Pvt Ltd (AMPL) in which Apollo Hospitals Enterprise Ltd (AHE...
- Panel prescribes national portal to keep an eye on online pharmaciesThe 121-page report will now be studied by the ministry and suitable changes in the legislative provisions may be considered to allow onlin...
- Google nears settlement over online drug ads: ReportGoogle Inc is close to settling a US criminal investigation into allegations it made money by accepting ads from online pharmacies that bre...
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