Online pharmacy platform Tata 1mg turned a unicorn after raising close to $40 million in a funding round led by Tata Digital, media reports said. The company was yet to comment on the valuations till the time of going to press. 1mg has raised $230.8 million across 16 rounds, including this one.
India has launched two special category visa for international students intending to pursue higher education in academic institutions in the country.
In an affidavit filed in the top court, the SLA has given details of the steps taken by it against Patanjali and Divya Pharmacy.
Some 8.5 lakh chemists across the nation on Wednesday downed their shutters demanding action from the government against "illegal" online sale of medicines.
'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of about 5 per cent in the medium term.'
The lawsuit comes against the backdrop of rising instances of drugs sold illegally without prescriptions on the Internet.
Comments like "hell is waiting" and "you hate Brahmins" are part of the post that allegedly criticises the veteran leader.
Apollo Hospitals Enterprise (APH) delivered an in-line performance for the April-June quarter of the financial year 2024-2025 (Q1FY25)with growth in the number of patients. AHLL (Apollo Health & Lifestyle), a subsidiary, posted sales growth and profitability. APH also reduced operational costs at Healthco.
... catch up with Blinkit, Swiggy Instamart and Zepto...
Offline stores dominate the retail market and will continue to do so.
The stock of Apollo Hospitals Enterprise (AHEL), India's largest listed health care services company, fell 4.6 per cent on Monday (April 29) and slipped another 0.34 per cent to close at Rs 5,946.20 on Tuesday (April 30). The share declined due to a lower valuation for subsidiary Apollo HealthCo (AHL) and an aggressive valuation for Keimed, a promoter-owned drug wholesaler that is merging with AHL.
Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.
'Sanjay Roy is not alone.' 'If he's kept alive, maybe we will know what happened.' 'Why was he in the chest medicine department that night when he never went there earlier?' 'Nobody will parade in front of a CCTV camera and then go and murder someone.' 'There are several people who are involved in this heinous crime. They have to be identified and punished.'
The federal agency alleged in a statement that it has "found" documents related to about half-a-dozen houses, flats and a farmhouse owned by the doctor couple during searches conducted against them and their "close relatives" on September 6 at seven locations in Kolkata.
Apollo Pharmacy, the country's largest branded drug retail network with over 1,500 outlets, has temporarily suspended sale of medicines manufactured by Ranbaxy Laboratories. It has also stopped further procurement from the company for now.
Novartis disputes the claims and will defend itself, spokeswoman Julie Masow said in an email.
A protester was killed in firing during a clash between security forces and a mob vandalising properties in Manipur's Jiribam district. The incident occurred late on Sunday night when agitators were protesting the killing of women and children abducted by militants. The deceased has been identified as K Athouba, who was in his twenties. The offices of the Congress and BJP, and a house belonging to Jiribam's Independent MLA were ransacked by a group of agitators. Meanwhile, an uneasy calm prevailed in Imphal Valley, where curfew remained enforced and internet services suspended after agitators vandalised and set ablaze properties belonging to several ministers and legislators.
'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'
The group wants to expand its drug store chain.
Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon's announcement of $1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country. He said that their huge losses in India "smells of predatory pricing", which is not good for the country as it impacts crores of small retailers.
With regulatory uncertainties clouding the future of online pharmacies, deals in the space are showing signs of slowdown, as also fresh investment from private-equity (PE) firms and venture capitalists (VCs). The data from Venture Intelligence shows so far in 2023 (as of June 13) there has been one deal with PE-VC funding. In 2022 there were four, a sharp fall from the 12, totalling $1,520 million, the sector had attracted in 2021.
The World Health Organisation and the International Pharmaceutical Federation have joined hands with the Indian Pharmaceutical Association -- the national body of pharmacists in the country -- to upgrade the quality of services of 5.5 lakh pharmacies
According to police sources, Renukaswamy (33) drew the wrath of Darshan for making lewd comments against Pavithra Gowda on her social media posts.
Even as a heated debate goes on in the corridors of power and academic circles on the impact of large retail chains on small shops, in one sector it is clear that the big players are close to biting dust. At least two large pharmacy chains are up for sale, industry sources said. Some others have shaken up their top management, while a few have cut back on their expansions. One is trying to rediscover its business model by looking at rural markets. And all are woefully short o
Vidhya Pant remembers the Diwalis celebrated in her home in Shillong in the 1960s.
Nearly one in every two medical prescriptions issued in India deviated from standard guidelines, with approximately a tenth showing 'unacceptable deviations', a study, conducted by a team of researchers including those at the All India Institute of Medical Sciences (AIIMS) in New Delhi, has found.
A rider is a supplementary cover which can be purchased with the base policy by paying an additional premium.
Bored of rava upma? Try this savoury pancake recipe.
The sentencing came 32 months after Bansal was arrested with a plane ticket to India following a two-year probe dubbed Operation Cyberchase. It was US Drug Enforcement Administration's first-ever major investigation of its type.
The top court on Monday directed the protesting resident doctors to resume work by 5 pm on Tuesday, observing that if "there is continued abstention from work, there may be a likelihood of adverse action".
A university in Ujjain in Madhya Pradesh has set up a probe panel following complaints of some students that a professor was propagating Islam and harassing Hindu students, a senior varsity official said on Monday.
India has covered enough population with vaccine and infection, but protein vaccines should remain available on payment basis for elderly and those with comorbidities.
Independence Day was celebrated across states and Union territories on Thursday, as several chief ministers announced job schemes while some others vowed their support for Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047.
The petitioner's lawyer interjected the rules are being framed for the last 5-6 years but nothing concrete has been done yet.
The selected students (20 seats are available) will undergo coursework followed by research leading to a doctoral thesis under the mentorship of a faculty.
The incident goes back to last month when Sunak made a quick visit to his hometown of Southampton to launch a new government scheme for the state-funded National Health Service (NHS) to expand the role of high street pharmacies.
rediffGURU Mayank Chandel offers advice to students preparing for IIT-JEE and NEET-UG after class 12.
Follow these steps to avoid last-minute surprises while claiming your mediclaim -- via cashless or reimbursement method, says P V Subramanyam
The Indian community in Russia are eagerly waiting for Prime Minister Narendra Modi's visit to Moscow and will be seeking his support to build a Hindu temple in the country, a new Indian school building and the availability of more direct flights to India.
According to police sources, Darshan's aide Nagaraj was looking after all the dealings of the actor.
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