Swedish business bullish on investment, JV opportunities in India
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Corporate-updates
RIL plans Rs 25k cr healthcare initiative over 7-8 yrs
According to sources, Reliance Industries (RIL) plans a Rs 25,000 crore healthcare initiative over 7-8 years. The healthcare initiative will integrate with Reliance Retail foray.
Wockhardt’s target: $1 billion sales next fiscal
Pharmaceutical manufacturer Wockhardt is expecting a $600 million (INR 2400 crore approx) turnover in 2007-08. By 2008-09, the company envisages a turnover of $1 billion.
Fortis ventures into South India
The Fortis group recently announced their decision to buy 48% stake in Chennai-based Malar Hospital for around Rs 42 crore. This move will mark the group’s first entry in South India.
ePlanet (US) to invest in Chennai medical technology company Trivitron
US-based venture capital fund ePlanet is in talks to invest $12 million in Chennai-based medical technology company Trivitron.
Trivitron and Aloka sign a JV to manufacture high Technology Ultrasound equipment in India
Trivitron group of companies, the largest Indian medical technology company and Aloka, the innovators in Ultrasound technology from Japan today announced their joint venture agreement to manufacture cost effective, High Technology Ultrasound equipment in India to suit the needs of the developing countries. The Joint Venture will embark on an Initial investment of about 50 crores by both the companies followed by further investments in due course.
Intel World Ahead Program
Marking a new phase of Intel’s World Ahead Program, an alliance of 16 companies has formed to expand Intel’s efforts to provide people in developing countries with the benefits of technology.
At a recent press conference, Intel chairman Craig Barrett announced the formation of the World Ahead Alliance in India. The alliance pledges to apply techonolgy to advance health, education and rural empowerment.
Dr. GSK Velu, MD, Trivitron, receives Rajiv Gandhi Shiromani Award, 2007
In recognition for his outstanding contribution in the field of Diagnostic and Health care industry in India Dr. GSK Velu, Managing Director, Trivitron group of companies has been conferred with the ‘Rajiv Gandhi Shiromani Award,2007’.
Intel Works with Indian Government to transform rural healthcare
Intel has partnered with the Indian Ministry of Health and Family Welfare to transform healthcare in rural India.
LipidLabs acquires and adopts ‘Telemedicus (TMI)’ corporate name and technology
LipidLabs, Inc. announced its board resolution that adopts the Telemedicus (TMI) corporate moniker as they move forward into the telemedicine marketplace. LipidLabs has recently purchased the assets of Telemedicus, Inc., including the “Disaster Relief and Emergency Medical Services (Dreams) Technology” and related communication equipment and technology developed by Texas A&M University.
Frost & Sullivan confers Raytel Cardiac with the ‘2007 North American Market Leadership Award’ for the cardiac monitoring and diagnostic services segment
Frost & Sullivan has selected Raytel Cardiac Services as the recipient of the 2007 North American Award for Market Leadership in the cardiac monitoring and diagnostic services market, by commending the company for its dominant presence in pacemaker services and its significance in other ambulatory monitoring segments.
Affiliated Computer Services, Inc. to implement Malta Government’s integrated healthcare IT systems project
Affiliated Computer Services Inc. has signed a Euro 15 million contract with the Government of Malta for delivering an integrated healthcare IT system to improve patient care.
Affiliated Computer Services, Inc. to implement Malta Government’s integrated healthcare IT systems project
Affiliated Computer Services Inc. has signed a Euro 15 million contract with the Government of Malta for delivering an integrated healthcare IT system to improve patient care.
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Flipkart Health+ App Launched
06-04-2022
