The government's move to cut GST on medicines and medical devices while exempting lifesaving drugs from the levy is a bold step that will bring direct relief to patients and families while significantly reducing financial strain on them, pharmaceuticals and healthcare industry players said on Thursday.
The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.
Ram Charan and his wife Upasana gave the world a glimpse of their newborn baby girl, as they stepped out of the Apollo hospital in Hyderabad.
The actor and his wife Upasana Kamineni are expecting their first child; his film RRR has bagged two Golden Globe nominations.
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.
Ram Charan and his wife Upasana Konidela's friends threw the couple a lovely baby shower in Hyderabad over the weekend.
Lawyers are working on the documents related to forming a trust and other legal formalities
Apollo Hospitals was looking at divesting at least 50 per cent of Apollo Pharmacy, the retail pharmacy network, for Rs 1,000 crore.
Shobhana Kamineni, vice chairperson of Apollo Hospitals, and a former president of the Confederation of Indian Industry, is unhappy after discovering her name deleted from the voters' list in Telangana.
A book revolving around Prime Minister Narendra Modi's work and political and governance model with various chapters written by domain experts, his Cabinet colleagues and leading faces in different walks of life, is set to hit the bookstores next month.
Three big private hospital chains -- Apollo, Fortis and Max -- on Friday announced the launch of Covid-19 immunisation drive for the 18-44 age group at limited centres in the country from May 1 while the Delhi government said it will start the vaccination exercise once it receives doses from the manufacturers.
'They say our mothers lay the early foundation on which we build our dreams and lives. This holds true for me.' Kotak Mahindra Bank CEO Uday Kotak tells us about his mom's wonderful cooking.
Tele/video-consults have been effective for patients requiring post-hospitalisation follow-up, especially if they are from outside the city; patients with chronic diseases that need periodic monitoring; and pregnant women who require routine checkup with minimum exposure.
Addressing an online question and answer session, WHO's chief scientist Soumya Swaminathan said there would be at least one effective vaccine by 2021 but it would be available 'only in limited quantities'. "Most people agree, it's starting with healthcare workers, and frontline workers, but even there, you need to define which of them are at highest risk, and then the elderly, and so on," Swaminathan said on prioritising who gets the vaccine first.
The merged entity will have a combined market share of 6.4 per cent in the non-life insurance industry with 308 branches in the country. The deal is subject to regulatory approvals and the entire process is expected to be completed in nine months.
Indian businesses in the US have created about 91000 jobs in the US.
Amazon committed a fresh investment of $3 billion, in addition to the $2 billion it announced in 2014.
In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
This time however, the poll panel did not share the overall polling percentage at its briefing.
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