Sobha Renaissance Information Technology (SRIT), a Bangalore based global software products and solutions provider, recently announced the setting up of a joint venture (JV) company in China called Sunpa Sobha Software (China) Ltd with ‘Yunnan Sunpa Image Tel Tech Co. Ltd (Sunpa)’ as its JV partner. Headquartered in Kunming, Sunpa Sobha Software (China) Ltd. will have operating branches in Beijing, Shanghai, Guangzhou, and Shenzhen.
Trivitron group of companies, the largest Indian medical technology company and Aloka, the innovators in Ultrasound technology from Japan today announced their joint venture agreement to manufacture cost effective, High Technology Ultrasound equipment in India to suit the needs of the developing countries. The Joint Venture will embark on an Initial investment of about 50 crores by both the companies followed by further investments in due course.
A Swedish industry delegation led by the country
According to sources, Reliance Industries (RIL) plans a Rs 25,000 crore healthcare initiative over 7-8 years. The healthcare initiative will integrate with Reliance Retail foray.
Pharmaceutical manufacturer Wockhardt is expecting a $600 million (INR 2400 crore approx) turnover in 2007-08. By 2008-09, the company envisages a turnover of $1 billion.
The Fortis group recently announced their decision to buy 48% stake in Chennai-based Malar Hospital for around Rs 42 crore. This move will mark the group’s first entry in South India.
US-based venture capital fund ePlanet is in talks to invest $12 million in Chennai-based medical technology company Trivitron.
Trivitron group of companies, the largest Indian medical technology company and Aloka, the innovators in Ultrasound technology from Japan today announced their joint venture agreement to manufacture cost effective, High Technology Ultrasound equipment in India to suit the needs of the developing countries. The Joint Venture will embark on an Initial investment of about 50 crores by both the companies followed by further investments in due course.
Marking a new phase of Intel’s World Ahead Program, an alliance of 16 companies has formed to expand Intel’s efforts to provide people in developing countries with the benefits of technology.
At a recent press conference, Intel chairman Craig Barrett announced the formation of the World Ahead Alliance in India. The alliance pledges to apply techonolgy to advance health, education and rural empowerment.
In recognition for his outstanding contribution in the field of Diagnostic and Health care industry in India Dr. GSK Velu, Managing Director, Trivitron group of companies has been conferred with the ‘Rajiv Gandhi Shiromani Award,2007’.
Intel has partnered with the Indian Ministry of Health and Family Welfare to transform healthcare in rural India.
LipidLabs, Inc. announced its board resolution that adopts the Telemedicus (TMI) corporate moniker as they move forward into the telemedicine marketplace. LipidLabs has recently purchased the assets of Telemedicus, Inc., including the “Disaster Relief and Emergency Medical Services (Dreams) Technology” and related communication equipment and technology developed by Texas A&M University.
Frost & Sullivan has selected Raytel Cardiac Services as the recipient of the 2007 North American Award for Market Leadership in the cardiac monitoring and diagnostic services market, by commending the company for its dominant presence in pacemaker services and its significance in other ambulatory monitoring segments.
