Homegrown funds such as Everstone, ChrysCapital and global ones like KKR, Baring in talks to buy a controlling stake.
Niti Aayog, the government’s think tank, has started work on the plan, which comes as the US spars with India over price curbs imposed on medical devices to make them affordable.
This collaboration with CSIR-IICT for developing new drugs is part of our broader strategy for enhancing our global specialty pipeline.
Manipal is looking to acquire Medanta for Rs 5,500-6,000 crore in negotiations that have been running for over nine months.
In the first part of the deal, Radiant Life Care had acquired 49.7% stake in MHIL for Rs 2,136 crore from South African firm— Life Healthcare.
The company currently has one 75-bed multi-speciality hospital focusing on healthcare system for women in Gurugram.
Private hospitals have been accused of siphoning almost Rs 1.20 crore in just a few months.
The FAQ now issued by the ministry stated that there is a huge skew in the distribution of doctors between urban and rural areas .
Max Group has absolutely no plan to exit the life insurance business, says Analjit Singh, Founder & Chairman, Max Group to ET Now's Nayantara Rai. Listen in!
The study looked at the disease through ancient Hindu Vedic scriptures to the colonial time and found that the disease dates back to 17th century in India.
"It is not understood as to how a government body like ESIC can mandatorily require a certification from a private body as a precondition for empanelment," the DMA letter said.
Heenan-Jalil left Wipro in September 2018, and took over as CEO of Europe for automation services company IPSoft.
The coordination committee will be assisting the core team at Apollo Hospitals and Microsoft by providing guidance on all AI projects.
In separate talks to invest $350-400 million in PCR Investments.
The bill, which seeks to replace the graft-tainted Medical Council of India (MCI), is slated to be tabled in the Rajya Sabha on Thursday after the Lok Sabha gave its nod to it on July 29.
The Minister of Health and Family Welfare sought to assure that genuine concerns of the Indian Medical Association (IMA) have been addressed.
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