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Budget 2020: Cheer for medical device makers, viability gap funding for hospitals

Healthcare

01 February, 2020

Budget 2020: Cheer for medical device makers, viability gap funding for hospitals

Finance minister Nirmala Sitharaman in her Budget proposed to impose a cess on the import of medical devices as India ......

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Why PE-backed regional hospitals need a dose of growth pills

Healthcare

01 October, 2018

Why PE-backed regional hospitals need a dose of growth pills

"If there is a punchline for the industry's problem, it is this - how to get revenues?" That’s what Ajay Bakshi, ......

Abraaj Capital, LPs at odds over fund misuse, investments

Finance

06 February, 2018

Abraaj Capital, LPs at odds over fund misuse, investments

Dubai-based private equity firm Abraaj Capital is being investigated by some of its Limited Partners, or investors, over allegations of ......

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Care Hospitals CEO resigns, may join private equity firm

People

02 November, 2017

Care Hospitals CEO resigns, may join private equity firm

Care Hospitals chief executive officer Mudit Saxena has resigned from the hospital chain and is likely to join a private ......

Big consolidation in hospital sector years away: panellists at VCCircle summit

Healthcare

19 September, 2017

Big consolidation in hospital sector years away: panellists at VCCircle summit

A big wave of consolidation in the healthcare sector is still many years away and will be limited to only ......

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Company watch: CARE Hospitals all hale and hearty after Abraaj's backing

Healthcare

15 May, 2017

Company watch: CARE Hospitals all hale and hearty after Abraaj's backing

In early 2016, Dubai-based private equity firm Abraaj Group made its biggest bet in the Indian healthcare sector when it ......

Abraaj Group in advanced talks to buy majority stake in Medall Healthcare

Healthcare

04 January, 2017

Abraaj Group in advanced talks to buy majority stake in Medall Healthcare

Dubai-based private equity investor Abraaj Group, which struck a deal last year to buy a majority stake in India’s CARE ......

CARE Hospitals' CEO Dilip Jose quits to join TPG Capital

Healthcare

25 July, 2016

CARE Hospitals' CEO Dilip Jose quits to join TPG Capital

Dilip Jose, CEO of the Abraaj Group-owned CARE Hospitals, has resigned to join TPG Capital from October, a person aware ......

More suitors join to buy Advent's stake in CARE Hospitals

Healthcare

07 September, 2015

More suitors join to buy Advent's stake in CARE Hospitals

A clutch of private equity players and strategic investors have joined the race to pick up stake in Hyderabad-based Quality ......

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South Africa's Netcare, Baring Asia eye controlling stake in CARE Hospitals

Healthcare

10 June, 2015

South Africa's Netcare, Baring Asia eye controlling stake in CARE Hospitals

South African health-care giant Netcare Ltd and private equity firm Baring Private Equity Asia (Baring Asia) have emerged as front-runners ......