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BCG group charts Rs 400-cr health sector plan Mar 4, 2011BCG group charts Rs 400-cr health sector plan

BCG group plans to enter the healthcare industry by setting up a multidisciplinary health facility, BCG Healthsquare, at Palarivattam near here by August.Addressing a press conference here today, BCG group CEO Rekha C Babu said its long-term plan was... >> more

Healthcare to become costlier Mar 1, 2011Healthcare to become costlier

Health treatment, air travel and hotel accommodation are set to become expensive with the widening of the service tax net, though the rate has been kept unchanged. While some viewed it as a step towards introduction of the Goods and Services Tax (GST... >> more

Beams Hospitals to increase number of centres Feb 28, 2011Beams Hospitals to increase number of centres

Beams Hospitals Private Ltd, the Mumbai-based chain hospitals, will take the number of hospitals in the network to 10 from five by the end of 2011. The company specialises in minimal access surgeries (MAS), allowing patients to leave hospitals in a d... >> more

Fortis to acquire majority stake in Australian firm Feb 28, 2011Fortis to acquire majority stake in Australian firm

Fortis Global Healthcare Holdings will acquire a majority stake in Australia’s Dental Corporation Holdings (DCH), two months after it announced the acquisition of about 33 per cent stake in the company for about Rs 450 crore. Fortis Global is the who... >> more

Fortis acquires cancer hospital in Singapore Feb 25, 2011Fortis acquires cancer hospital in Singapore

Fortis Global Healthcare said on Thursday that it has acquired a specialised under construction cancer hospital in Singapore from First Real Estate Investment Trust for a consideration of S$ 33 million (over Rs 115 crore). The healthcare group, which... >> more

ESIC's new hospitals in Hyd Feb 25, 2011ESIC's new hospitals in Hyd

The Employees State Insurance Corporation (ESIC), which provides health insurance for employees of registered organisations earning up to Rs 15,000 a month, is setting a 126-bed super speciality hospital at Sanathnagar, offering treatment in cardiova... >> more

Thyrocare in deal with Siemens for new technology Feb 24, 2011Thyrocare in deal with Siemens for new technology

In a deal that is “mutually securing”, Thyrocare Technologies Ltd and Siemens Healthcare Diagnostics have entered into a deal to set up a “lab automation system” that would help reduce turnaround time for testing samples by about three hours.

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GSK looks to expand food foray Feb 23, 2011GSK looks to expand food foray

GlaxoSmithKline Consumer Healthcare is targeting the breakfast, snacks and mid-day meals categories for expanding its foods business, according to Managing Director Zubair Ahmed. The Rs 2,306-crore consumer healthcare arm of pharma company GlaxoSmith... >> more

Fortis Healthcare forms JV with Cauvery Hospital to set up cardiac centre Feb 23, 2011Fortis Healthcare forms JV with Cauvery Hospital to set up cardiac centre

Fortis Healthcare today said it will set up a cardiac centre in Mysore through a joint venture with the Karnataka-based Cauvery Hospital. The JV will be between its wholly-owned subsidiary - Fortis Hospitals and Cauvery Hospital, with Fortis owning a... >> more

Lonza Group to set up knowledge centre in Hyderabad Feb 23, 2011Lonza Group to set up knowledge centre in Hyderabad

Swiss-based life sciences major Lonza Group will be setting up a knowledge centre-cum-manufacturing facility in Hyderabad with an investment of about Rs 700 crore.Dr J. Geetha Reddy, Minister for Industries, Government of Andhra Pradesh, has formally... >> more

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