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Abbott tangles with Indian regulators over cough syrup complaint

Last Updated: Monday, September 14, 2015, 08:14

Whether the sample of Abbott`s popular "Phensedyl" was a genuine product or a fake has not been established, but the suspect batch of 80,000 bottles has not been recalled.

Hamstrung by red tape, hospital operators buy their way into India

Last Updated: Thursday, September 10, 2015, 08:58

Expanding through acquisitions has increasingly become the tactic of choice for hospital operators seeking to speedily expand in India, where the demand for private healthcare is booming thanks to an overburdened public healthcare system.

Indian healthcare to grow to $280 bn by 2020: Report

Last Updated: Monday, August 31, 2015, 14:29

The sector, which was at USD 73.92 billion in 2011, is expected to grow at a CAGR of 16 percent to USD 280 billion in 2020, it said.

UK-based C&C Alpha Group to invest about Rs 1,500 crore in India

Last Updated: Friday, August 21, 2015, 21:50

London-based C&C Alpha Group (CCAG), a leading international private equity firm, Friday said it is looking at investing about Rs 1,500 crore in healthcare and hospitality sectors over the next three to five years in India.

Healthcare walks away with half of FPI inflows in Jan-July

Last Updated: Sunday, August 16, 2015, 11:24

For the entire 2013, net investments for the healthcare sector stood at USD 1.86 billion, and USD 309 million for 2014.

Cadila Healthcare shares surge over 5% as Q1 net jumps

Last Updated: Wednesday, August 12, 2015, 18:24

Shares of Cadila Healthcare Wednesday surged over 5 percent after the company reported a 47.11 percent rise in consolidated net profit for the first quarter ended June 30.

GE to sell Healthcare Financial Services for $9 bn

Last Updated: Wednesday, August 12, 2015, 03:40

General Electric said Tuesday it has agreed to sell its Healthcare Financial Services and related loans to US bank Capital One for $9 billion.

IBM to buy Merge Healthcare in $1 billion deal

Last Updated: Friday, August 7, 2015, 08:22

IBM Corp said it would buy medical image company Merge Healthcare Inc in a $1 billion deal and combine it with its newly formed health analytics unit, which is powered by its famous Watson supercomputer.

Max India gets shareholders nod for Corporate Restructuring

Last Updated: Thursday, August 6, 2015, 23:28

Max India Thursday said it has received shareholders' approval for corporate restructuring plan for the demerger of the company.

IBM to buy Merge Healthcare in $1 billion deal

Last Updated: Thursday, August 6, 2015, 22:16

International Business Machines Corp said it would buy Merge Healthcare Inc, which provides medical images and clinical systems, in a $1 billion deal and combine it with its Watson Health analytics unit.

Fortis Healthcare reappoints Bhavdeep Singh as CEO

Last Updated: Friday, July 24, 2015, 17:20

Fortis Healthcare has reappointed its former Chief Executive Officer Bhavdeep Singh in the same position effective on Friday.

FIL Capital to invest in Cipla's consumer healthcare biz

Last Updated: Tuesday, July 21, 2015, 11:19

Drug major Cipla on Tuesday said its board has approved a potential investment by FIL Capital Investments (Mauritius) II Ltd in its consumer healthcare business.