New-look GSK bets on consumer health spending

Last Updated: Wednesday, May 6, 2015, 17:06

GSK predicted on Wednesday its consumer health sales would grow at a mid-single-digit compound annual rate over the next five years, slightly ahead of overall company sales.

Fortis sells Singapore facility to Fullerton for $83.5 mn

Last Updated: Monday, May 4, 2015, 23:00

Leading healthcare delivery provider Fortis on Monday announced sale of its Singapore-based healthcare services facility RadLink-Asia Pte Ltd to Fullerton Healthcare group for $83.5 million (Rs.531 crore).

Siemens healthcare unit probed by China regulator for bribery: Sources

Last Updated: Sunday, May 3, 2015, 10:39

China`s State Administration for Industry and Commerce (SAIC) accused Siemens and its dealers of having violated competition law by donating medical devices in return for agreements to exclusively buy the chemical reagents needed to run the machines from Siemens, the people said.

Fortis Healthcare to sell RadLink for over Rs 530 crore

Last Updated: Friday, May 1, 2015, 13:08

RadLink provides diagnostic and molecular imaging services.

Apollo Hospitals to add 1,000 beds per year in next 5 years

Last Updated: Thursday, April 30, 2015, 18:18

Healthcare major Apollo Hospitals is planning to add 1,000 beds per year in the next five years across the country and overseas as part of its expansion plans.

US firm plans stake sale in CARE Hospitals for up to $300 mn

Last Updated: Wednesday, April 29, 2015, 10:45

The talks are also being held with Malaysia`s IHH Healthcare Bhd , India`s Manipal Hospitals and Fortis Healthcare , the sources added, declining to be identified because the information has not been made public.

Investors seek protection against healthcare stock decline

Last Updated: Saturday, April 25, 2015, 01:45

Healthcare companies on a seven-year tear have been top performers so far in 2015, helping to push broad stock indexes to record levels, but traders are now looking to protect themselves from a selloff as they await major earnings reports in the sector.

PM Modi meets GlaxoSmithKline Global CEO

Last Updated: Saturday, April 25, 2015, 00:53

Prime Minister Narendra Modi on Friday met Global CEO of GlaxoSmithKline Consumer Healthcare, Andre Witty.

Apollo Hospitals receives Golden Peacock Award in Dubai

Last Updated: Wednesday, April 22, 2015, 14:17

Healthcare major Apollo Hospitals Enterprise which views the Middle East as an important part of its global strategy, has been bestowed with the 'Golden Peacock' Award here for their business excellence in healthcare.

Piramal to acquire majority stake in Health SuperHiway

Last Updated: Friday, April 17, 2015, 16:55

Piramal Enterprises will acquire majority stake in Health SuperHiway Pvt Ltd, a healthcare analytics company promoted by Indian Hospitals Corporation.

Govt to link healthcare schemes with Jan Dhan: Jaitley

Last Updated: Wednesday, April 8, 2015, 14:14

The government is working to provide healthcare schemes to poor people under the Jan Dhan initiative, Finance Minister Arun Jaitley said on Wednesday.