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

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Pathology chain operator Metropolis ends JV with Sri Lankan partner

Healthcare

15 December, 2017

Pathology chain operator Metropolis ends JV with Sri Lankan partner

Pathology chain operator Metropolis Healthcare has ended its over 10-year-long joint venture with its Sri Lankan partner and has decided ......

Hospital chain Shalby falls on stock market debut

Healthcare

15 December, 2017

Hospital chain Shalby falls on stock market debut

Ahmedabad-based multi-specialty hospital chain Shalby Ltd made a weak start on the stock exchanges on Friday with its shares listing ......

GSK Velu's game plan in diagnostics business after Metropolis exit

Healthcare

14 December, 2017

GSK Velu's game plan in diagnostics business after Metropolis exit

Two years after selling his stake in pathology chain Metropolis Healthcare Ltd in an acrimonious battle, healthcare entrepreneur GSK Velu ......

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New strategic suitor joins the fray to invest in hospital chain Fortis

Healthcare

12 December, 2017

New strategic suitor joins the fray to invest in hospital chain Fortis

India's second-biggest hospital chain operator Fortis Healthcare Ltd has attracted at least one new strategic investor while talks on the ......

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ICICI Venture to sell bulk of its stake in KIMS Hospitals' IPO

Healthcare

12 December, 2017

ICICI Venture to sell bulk of its stake in KIMS Hospitals' IPO

ICICI Ventures-backed hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) has filed its draft red herring prospectus with the ......

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Cygnus Hospitals raises fresh funding

Healthcare

07 December, 2017

Cygnus Hospitals raises fresh funding

Cygnus Medicare, which operates a chain of super-specialty hospitals in Delhi, Haryana and Punjab under the Cygnus Hospitals brand, has ......

Shalby IPO sails through on final day; Future Supply issue covered 73% on day 2

Healthcare

07 December, 2017

Shalby IPO sails through on final day; Future Supply issue covered 73% on day 2

The initial public offering of Ahmedabad-based multi-speciality hospital chain Shalby Ltd managed to sail through on the final day, Thursday, ......

Shalby Hospitals IPO subscribed 20% on first day

Healthcare

05 December, 2017

Shalby Hospitals IPO subscribed 20% on first day

The initial public offering of Ahmedabad-based Shalby Ltd, which runs a chain of multi-specialty hospitals under the brand Shalby Hospitals, ......

Indgrowth Capital, Goldman Sachs among Shalby's anchor investors

Healthcare

04 December, 2017

Indgrowth Capital, Goldman Sachs among Shalby's anchor investors

Shalby Ltd, which runs a multispecialty hospital chain under the same name, raised Rs 150.53 crore ($23.33 million) from a ......

Cipla to sell Croatian subsidiary to PharmaS

Healthcare

01 December, 2017

Cipla to sell Croatian subsidiary to PharmaS

Drugmaker Cipla Ltd is selling indirect subsidiary Cipla Croatia d.o.o. to Zagreb-based pharmaceutical company PharmaS d.o.o.The Netherlands-based Cipla Holding BV ......

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