Reliance Life on expansion spree
Reliance Life Insurance, one of the leading life insurance players in India, will invest INR 1000-1200 crore (US$ 250- 300 million) in 2-3 years to expand its insurance business.
News
Govt promises health insurance for the poor workers of India
Given the vast number of workers to be covered, the new Health Insurance Scheme (HIS) would be implemented in a phased manner. Initially workers living Below the Poverty Line (BPL) are to be covered in next five years.
Safe burial for E-waste in Hyderabad soon
Hazardous material, such as Obsolete electronic devices classified as unsafe will soon have a safe disposal facility in Hyderabad city in the form of E-waste Management Facility comming up at Maheshwaram.
Health eCard initiative launched in Bulgaria
The Bulgarian Health Ministry has officially launched the first electronic prescription in the new EU member state of Bulgaria. The Ministry has officially launched the pilot system for the Bulgarian electronic health card (eCard).
GE Healthcare gets approval for India
A unit of General Electric Co., GE Healthcare Technologies Ltd, has received approval from India
Cryobanks plans INR 500 cr (US$ 125m) investment
Cryobanks International India(CII), a JV between Cryobanks International Inc of US, and RJ Corp of India, is planning to invest Rs 500 crore in the health care industry in the country over the next five years.
Abu Dhabi hospitals go mobile
The General Authority for Health Services of Abu Dhabi in partnership with ITQAN has selected InfoLogix to provide a mobile technology computing platform in Abu Dhabi.
Wockhardt plans to triple revenue from US market
Pharma major Wockhardt is planning to triple or quadruple the company
Free and Open Source Software to track epidemics like Chikungunya, Malaria, Dengue
A new software developed by Zyxware Technologies (India) is about to revolutionize the way information is collected and processed in tracking diseases like Chikungunya, Dengue, Malaria. The software, is being dedicated to the nation as Free Software under the GNU General Public License (GPL) on 5th October 2007.
Singapore calls for innovation in healthcare
The Singapore Government will invest US$2 million to encourage the development of ICT applications to improve the cost-efficiency and quality of healthcare services in the island-state.
SRIT forms a JV Company in Australia
Sobha Renaissance Information Technology (SRIT) have announced its Joint Venture (JV) with Capital Technic Group (CTG), an Australian Management Consulting & Services firm. The joint-venture capitalized at Australian $2.5m aims to produce $7.5m in annual revenues by the second year and ramping up to $65m by the fifth.
Private angle to Govt’s low-cost healthcare for masses
The Indian private health industry is entering into partnerships with state governments to offer low-cost healthcare to masses. Healthcare giants such as the Apollo Group and Wockhardt Hospitals are among those entering into partnerships with various state governments to provide these services.
Fortis plans US$ 498.48 million investment and 40 hospitals by 2011
Fortis Healthcare Ltd, an INR 512 cr company plans to invest US$500 million (Rs1,970 crore) to achieve its target of 40 hospitals by 2010-11, focusing on improving its presence in the West and South to get a pan-India presence.
