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ONLINE PHARMACY SEGMENT
Hexagon Nutrition IPO Day 2: GMP signals 15% listing gain; Retail portion subscribed 2.43xHexagon Nutrition’s Rs 139 crore IPO saw strong retail demand on Day 2, with the retail portion subscribed 2.43 times. The grey market prem...- Hexagon Nutrition IPO Day 1: 37% subscription, Grey market signals 27% listing gainHexagon Nutrition's IPO opened strongly on its first day. Retail investors showed significant interest, subscribing 62% of their quota. The...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe latest escalation in the US-Iran war means that crude oil price is back as a risk for India. Although we are in a market already strugg...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
- Time to take measured and logical risks? 5 small-caps from different sectors with upside potential of up to 26%Given the fluctuating situation in the Gulf region because of the US-Iran conflict, there is no guarantee that the market will not fall fur...
- These large- mid- and small-cap stocks have an upside potential of up to 31% in 1 year, according to analystsAs nothing can be ruled out on the street, be prepared for anything. Now, what is the probability that the bears will be chased away from t...
- Drugs at your door: Signs of a disruption taking shape in IndiaIndia Pharmacy Retail Quick Commerce: India's medicine delivery is seeing a change. Quick-commerce apps are making it easier to buy medicin...
- Easy access to weight-loss drugs rings alarm bells among doctors, authorities; regulators step inWeight-loss drugs are being sold without prescriptions in India. This is causing alarm among doctors and authorities. People are buying the...
- Tata funds pause is no 'debt-errent' at 1mg, BigBasketBigBasket and 1mg–two of the biggest digital assets of Tata group–are choosing debt over equity for expansion in a critical year for them. ...
- Madras HC delivers shot in the arm for online pharmaciesIn a shot in the arm for epharmacies, the Madras High Court overturned a previous ruling by a single-judge bench restricting online platfor...
- How online pharmacies have landed in a regulatory limboThe lack of regulatory clarity is imperiling India’s online pharmacy sector. While the digital business has grown rapidly in the past few y...
- E-pharma companies talk rules with officials at G20 Goa meetPlatforms to submit formal presentation via industry associations before potential regulation.
- Goldman Sachs likely to invest Rs 2,700 crore in PharmEasy parentThe money will predominantly be used to refinance the debt the company had taken to fund its acquisition of diagnostics chain Thyrocare las...
- India's top pharma majors in talks to buy PharmarackThe digital platform will provide the technological backbone to companies looking to build their own online B2B marketplace and, eventually...
- Chemist body AIOCD writes to Jeff Bezos, says e-pharmacies are 'illegal'The All India Organisation of Chemists and Druggists (AIOCD), which claims to represent 8.5 lakh chemists, on August 14 wrote to Bezos and ...
- Medical stores industry body calls Amazon’s entry to e-pharmacy “illegal”“E-pharmacies are illegal and not recognised by the laws under the Drug & Cosmetics Act. The rules also say sale of certain drugs need to b...
- E-pharmacies divided over their legal statusMadras High Court will hear a petition from Tamil Nadu Chemists and Druggists Association that has challenged the existence of e-pharmacies.
- 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...
- PharmEasy raises Rs 111 crore in Series-B roundThe funding indicates continued interest in the online pharmacy segment despite a reported dip in the total investment secured by startups ...
- WestCoast Pharma foray’s into online pharmacy storeDrugneed.com is owned by DF Pharmacy Ltd, a part of WestCoast Pharma, and was launched after a year-long pilot project.
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