Top Stories

Aster DM Healthcare files for $300 mn IPO; Olympus, IVFA to part-exit

Joseph Rai

Aster DM Healthcare Ltd, which runs hospitals spread across India and the Middle East, has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to float its initial public offer (IPO).

Nandan Nilekani invests in eye-care chain Drishti

Joseph Rai

Disha Medical Services Pvt Ltd, an eye-care chain focused on providing affordable treatment in underserved markets under the brand Drishti, has received funding from former Infosys CEO Nandan Nilekani, it said in a statement.

Zydus Cadila acquires two drugs from Teva to strengthen US portfolio

Anuradha Verma

Drugmaker Cadila Healthcare, which operates under the brand Zydus Cadila, has decided to acquire Teva Pharmaceutical Industries Ltd's two abbreviated new drug applications (ANDAs), to strengthen its US portfolio, as per a stock market disclosure.

 Dr Lal PathLabs to play volume game, says CEO Manchanda

Joseph Rai

Gurgaon-based Dr Lal PathLabs Ltd is India's second-largest diagnostics chain. The company, backed by private equity firms TA Associates and WestBridge, made a spectacular debut on stock markets in December last year.