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Apollo Hospitals Q4 net profit dips 5% to Rs 77 crore

Last Updated: Thursday, May 28, 2015, 17:58

Healthcare major Apollo Hospitals Enterprise Thursday reported a 4.92 percent dip in standalone net profit at Rs 77.33 crore for the March quarter on account of higher taxes.

GlaxoSmithKline targets growth across units, scraps ViiV listing

Last Updated: Wednesday, May 6, 2015, 17:28

GlaxoSmithKline laid out growth targets for its biggest businesses on Wednesday, hoping to convince investors that focusing on consumer health and vaccines would return the drugmaker to long-term growth.

Healthcare sector upbeat as Budget gives a booster dose

Last Updated: Saturday, February 28, 2015, 16:33

The healthcare industry has welcomed Budget proposals to increase tax exemption limits for health insurance cover and set up more AIIMS across India, saying such moves enable people's access to better facilities.

Vatika Group to invest Rs 200 crore on healthcare sector expansion

Last Updated: Friday, January 30, 2015, 19:25

Diversified group Vatika on Friday announced its foray into the healthcare sector with plans to invest Rs 200 crore to open about 15 diagnostics laboratories over the next two years.

'India's healthcare sector to grow to $158.2 bn in 2017'

Last Updated: Sunday, December 1, 2013, 15:21

The healthcare sector in India will grow to USD 158.2 billion in 2017 from USD 78.6 billion in 2012, a report has said.

Unfair practices in pharma sector under CCI scanner

Last Updated: Wednesday, October 2, 2013, 13:34

Emphasising that pricing aspects of pharmaceuticals are critical for the general public, CCI Chairman Ashok Chawla has said that some cases of probe into alleged unfair practices in this space are in the "pipeline".

'Policy, infrastructure main hurdles in Indian pharma R&D'

Last Updated: Thursday, June 20, 2013, 14:54

The Indian healthcare sector has tripled in size in the last decade from USD 23 billion in 2002 to USD 70 billion today.

NMC Group plans to invest Rs 500 crore in Indian healthcare sector

Last Updated: Wednesday, April 3, 2013, 12:32

Abu Dhabi-based New Medical Centre group plans to invest Rs 500 crore in healthcare sector in India, company's Chief Executive Officer B R Shetty has said.

Healthcare providers to spend Rs 5,700 cr on IT in 2013

Last Updated: Thursday, February 21, 2013, 19:56

Healthcare services providers in India are expected to spend Rs 5,700 crore on IT products and services in 2013, a growth of seven percent over 2012, research firm Gartner said Thursday.

Healthcare sector likely to hit $155 bn revenue by 2017: Report

Last Updated: Monday, December 10, 2012, 10:12

Attracting strong interest from private equity funds, the healthcare industry in India is expected to reach USD 155 billion in terms of revenues by 2017, according to a study by LSI Financial Services.

15-20% of medicines sold in India are fake: FICCI

Last Updated: Wednesday, February 29, 2012, 23:05

Painting a scary picture of the healthcare sector in the country, a FICCI committee today said that 15-20 per cent of medicines sold in India are fake.

Investments in healthcare to grow at slow pace in 2012: Fitch

Last Updated: Thursday, February 2, 2012, 13:24

While the healthcare sector in India will continue to secure investments in 2012, the rate of expansion will be slower on account of the "wide gap" between demand and supply, global ratings agency Fitch has said.