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17 seconds ago
Ramnath, Bhasin part of Fortis' advisory panel, Radiant fifth bidder

Mumbai, April 20 (IANS) Fortis Healthcare has named Renuka Ramnath and Lalit Bhasin as members of an expert advisory committee, while KKR-backed Radiant Life Care was disclosed as the fifth bidder. According to a BSE filing made on Friday, Ramnath who is a former MD and CEO of ICICI Venture and Bhasin, President, Society of Indian Law Firms and Managing Partner, Bhasin & Co. are part...

20 seconds ago
AI real winner at Microsoft's India talent hunt competition

New Delhi, April 20 (IANS) A software that features a Virtual Reality (VR)-based immersive view inside a CT or MRI scan where a user can navigate the 3D scan of a human body was the best Artificial Intelligence (AI)-based solution at a Microsoft talent hunt competition here on Friday. AI and Machine Learning (ML) technologies dominated Microsoft's Imagine Cup competition as nearly 60 per...

21 hours ago
Fortis Healthcare sets up advisory panel to evaluate proposals

Mumbai, April 19 (IANS) Fortis Healthcare on Thursday decided to constitute an expert advisory committee to evaluate all binding proposals for fund infusion. The company's Board in a regulatory filing with the BSE said while evaluating all the offers from suitors such as Hero Enterprise-Burman Family, Fosun Health Holdings, IHH Healthcare Berhad and Manipal Hospital Enterprises approved ...

22 hours ago
Merck to sell consumer health business to P&G for $4.2 bn

Mumbai, April 19 (IANS) German drug manufacturer Merck on Thursday said it will sell its global consumer health business to Procter and Gamble (P&G) for USD 4.2 billion. The German company said the transaction -- which is expected to close by the end of the fourth quarter of 2018 -- is subject to regulatory approvals and satisfaction of certain other customary closing conditions. ...

1 day ago
Munjals, Burmans submit higher bid of Rs 1,500 cr for Fortis Healthcare

New Delhi, April 19 (IANS) Sunil Kant Munjal of Hero Enterprise as wells Anand Burman and Mohit Burman of Burman family have approached the Board of Fortis Healthcare with a binding offer to invest Rs 1,500 crore directly in the company, a company statement said here on Thursday. This offer would replace the original offer made to the Board on April 12, 2018. On April 12, 2018 He...

1 day ago
Want to create 1.5 lakh wellness centres in India: Modi

London, April 18 (IANS) Emphasizing on initiatives to improve India's healthcare sector, Prime Minister Narendra Modi said that the government has plans to open around 1.5 lakh wellness centres across the country. We have taken a holistic approach towards healthcare in India. We want to create wellness centres which will be technologically driven, said Modi during an interactive session ...

1 day ago
New app to help track diabetes in rural India

New Delhi, April 18 (IANS) Researchers have developed an innovative smartphone app that could enable community health workers track the growing burden of non-communicable diseases such as diabetes, especially in the rural areas. Named Smart Health, the app will be used by community health workers called as ASHAs, who will be trained to screen and identify people suffering from diabetes o...

1 day ago
Need health schemes with widest coverage: Venkaiah Naidu

Guwahati, April 18 (IANS) Vice President M. Venkaiah Naidu said there is a need to create health schemes that provide widest coverage to the young, aged and infirm, and those suffering from both critical acute and chronic ailments. Naidu was addressing a gathering after launching Atal Amrit Abhiyan by the Assam government here. The unique health scheme seeks to provide access to ...

2 days ago
Fortis Healthcare receives EoI from Fosun Health Holdings

Mumbai, April 18 (IANS) Fortis Healthcare on Tuesday said that it has received an unsolicited non-binding expression of interest (EoI) from Fosun Health Holdings. According to a BSE filing, Fortis Healthcare's Board of Directors received the EoI from Fosun Health Holdings on Tuesday for a possible due diligence. Fosun Health Holdings, in its letter to the company's Board, made an...

3 days ago
Easing inflation data lifts equity indices

Mumbai, April 16 (IANS) Healthy macro-economic data, along with expectations of robust quarterly corporate earnings, led the key Indian equity indices to close on a higher note for the eighth consecutive session on Monday. According to market observers, weak Asian cues on the back of geo-political tensions in Syria led to initial volatility in the domestic bourses. However, losse...

3 days ago
Why middle-aged smokers should quit

New York, April 16 (IANS) Middle-aged individuals who smoke could be at far greater risk of developing heart failure than those who never smoked, or those who quit, according to new research. Heart failure is a chronic condition in which the heart does not pump blood properly. Previous research has focused on smoking and atherosclerosis, or hardening of the arteries, but not enou...

3 days ago
Fortis Healthcare Board to "look at all eligible options"

Mumbai, April 16 (IANS) Fortis Healthcare on Monday said that its Board will meet sometime this week to look at all eligible options that the company has received. The Fortis Board will be meeting this week to look at all eligible options and determine the future course of action that is in the best interests of the company, employees and shareholders, the healthcare major said in a stat...

3 days ago
Key equity indices rise on easing inflation

Mumbai, April 16 (IANS) After largely bearish trade during the day, the key Indian equity markets closed higher for the eight straight session on Monday as the wholesale price-indexed (WPI) inflation softened in March. According to official data released on Monday, India's WPI inflation softened to 2.47 per cent in March from a rise of 2.48 per cent reported for February and an accelerat...

4 days ago
HP brings world's first wearable VR PC to India

New Delhi, April 16 (IANS) HP India on Monday debuted its commercial Virtual Reality (VR) solutions and services -- including the worlds first professional wearable VR PC -- for businesses in the country. The PC and printing major launched HP ZBook 17 mobile workstation at a starting price of Rs 165,000, HP EliteDesk 800 G3 Tower at Rs 72,000 and the professional wearable HP Z VR backpac...

4 days ago
Key equity indices trade lower following global cues

Mumbai, April 16 (IANS) The key Indian equity markets traded marginally lower on Monday afternoon weighed on by heightened geo-political tensions in the Middle East, along with broadly negative cues from the Asian markets. Healthy buying in healthcare and fast moving consumer goods (FMCG) stocks however restricted further losses. At around 12.58 p.m., the NSE Nifty50 was down 9.5...

4 days ago
Women's Health in India still facing a recognition challenge

According to the OECD Health Statistics 2014: How Does India Compare report, the overall health spending accounted for only four per cent of the GDP in India in 2012, out of which only 33 per cent of health spending was funded by public sources. Further, health accounted for only 4.8 per cent of total government spending in 2012. India ranks extremely high even among other developing countries in...

4 days ago
Nordic competencies fit well with our vision for India's transformation: Modi

New Delhi, April 15 (IANS) The globally-recognized strengths of Nordic countries in areas of clean technologies, environmental solutions, ports modernization and cold-chains etc fit well with our vision for Indias transformation, Prime Minister Narendra Modi said on Sunday before departing on a four-day visit to Sweden and Britain April 17-20. The Nordic countries have globally recognize...

5 days ago
Modi appeals for different approach, non-violent ways for development of backward districts

Bijapur (Chhattisgarh), April 14 (IANS) Prime Minister Narendra Modi on Saturday appealed to the Maoist youth to shun their guns and join the mainstream for development in which the government would protect their rights. I would like to ask the youth on the path of violence that the Constitution takes care of your rights. It is government's duty to protect your rights. You need not pic...

6 days ago
Fortis Healthcare receives 'expression of interest' from IHH Healthcare Berhad

Mumbai, April 14 (IANS) Fortis Healthcare on Friday said that it has received an unsolicited non-binding expression of interest (EoI) from IHH Healthcare Berhad. According to a BSE filing, Fortis Healthcare's Board of Directors received this EoI from IHH Healthcare Berhad for possible due diligence and participation with the company. The IHH in its letter to the company's Board ...

6 days ago
Quacks practising medicine great risk to society: SC

New Delhi, April 13 (IANS) The Supreme Court on Friday expressed concern that a number of quacks practicing medicine are playing with the lives of people and posing a great risk to society. A number of unqualified, untrained quacks are posing a great risk to the entire society and playing with the lives of people, said a bench of Justice R.K. Agrawal and Justice Mohan M. Shantanagoudar.<...

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