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Discover news, funding updates, regulatory changes, and sector insights impacting the health care industry in India.

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SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

Healthcare

30 May, 2019

SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......

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Parabolic Drugs set to chart recovery path as lenders approve takeover bid

Healthcare

29 May, 2019

Parabolic Drugs set to chart recovery path as lenders approve takeover bid

Debt-laden Parabolic Drugs Ltd is headed on the road to recovery after its lenders gave their stamp of approval to ......

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Alkemi Venture Partners makes two new bets, rejigs team

Healthcare

28 May, 2019

Alkemi Venture Partners makes two new bets, rejigs team

Healthcare and wellness-focused investor Alkemi Venture Partners has struck two new deals after making its debut bet last year...

Laying out the 100-day agenda for Modi's Healthcare Reform 2.0

Healthcare

28 May, 2019

Laying out the 100-day agenda for Modi's Healthcare Reform 2.0

After the much-heated and prolonged general elections’ campaign in the country, it’s time to get back to the business...

Stressed assets this week: Jet, Orchid Pharma and Aircel in focus

Healthcare

24 May, 2019

Stressed assets this week: Jet, Orchid Pharma and Aircel in focus

With the insolvency courts in recess, activity in the stressed assets segment was slightly subdued in the week gone by. ......

TPG to sell Cancer Treatment Services to US firm Varian for $283 mn

Healthcare

21 May, 2019

TPG to sell Cancer Treatment Services to US firm Varian for $283 mn

TPG Growth has agreed to sell Cancer Treatment Services International (CTSI) to Varian Medical Systems Inc. for $283 million,...

Fortis to sell stake in Mauritius hospital company for $11 mn

Healthcare

20 May, 2019

Fortis to sell stake in Mauritius hospital company for $11 mn

Fortis Healthcare International Ltd will sell its stake in Mauritius-based healthcare services provider The Medical and Surgical...

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Two drugmakers in race for Orchid Pharma as revival hopes brighten

Healthcare

20 May, 2019

Two drugmakers in race for Orchid Pharma as revival hopes brighten

Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival...

Morgan Stanley's infra platform invests in Manipal Health's diagnostic imaging unit

Healthcare

15 May, 2019

Morgan Stanley's infra platform invests in Manipal Health's diagnostic imaging unit

Manipal Health Enterprise Pvt. Ltd on Wednesday said its diagnostic imaging unit will receive an initial investment of Rs 100...

Mahindra Partners invests in eye-care chain Centre for Sight

Healthcare

15 May, 2019

Mahindra Partners invests in eye-care chain Centre for Sight

Single-speciality healthcare chain Centre for Sight has struck a deal with a new investor, marking a second major private equity ......

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