US-based Polycom Inc, which provides a range of communications equipment enabling enterprise users to conduct video, voice, data and web communications, is focussing on South India for growth with the company witnessing demand for its products from state governments, tele-medicine and tele-education projects.
IBM is partnering Sankara Nethralaya, a specialty institution for ophthalmic care based in Chennai, to help manage its IT infrastructure, over a period of five years.
The Delhi Government has signed a memorandum of understanding with the Quality Council of India with the time-bound objective of attaining National Accreditation Board for Hospitals and Healthcare Providers (NABH) quality standards in all its hospitals and medical institutions within three years.
Chennai based medical technology company Trivitron Medical Systems, which recently offloaded an unspecified minority stake to HSBC Private Equity and venture capital firm ePlanet Ventures for USD 11 million, is planning to expand in a big way with a medical technology park, and acquiring domestic firms with a view to modernising them.
Soon US$ 4.5-million MRI machine will roll out in the Aspen and East Central Health regions to bring health scans in rural residents.
Global financial institutions American International Group (AIG) and J P Morgan are reportedly to invest a total of INR 400 crore in Bangalore based Narayana Hrudayalaya for a 25 per cent stake in this cardiac hospital chain, valuing it at INR 1,600 crore.
In an effort to control the quality of medicinal products, the government has brought out the Indian Pharmacopoeia, 2007, which lays down the standards for drugs produced or marketed in India.
Nobel Laureate, Amartya Sen, delivering a public on lecture
The Cabinet Committee on Economic Affairs in India has given its approval for setting up an integrated network of trauma centres along the Golden Quadrilateral, North-South and East-West Corridors of the National Highways.
Apollo Hospitals plans a massive INR 600-crore expansion plan to make its presence felt in tier II cities, with about 10 hospitals.
A pharma packaging company Bilcare Research of Pune has launched a product to help check the menace of counterfeit drugs. The product has a label with a unique bar code made out of nanotechnology and fingerprinting.
IT and R&D services provider MindTree Consulting, which announced a major organisational restructuring recently, plans to expand its business line to tap new markets.
The R&D services, which address industries like data networks, cellular networks, voice networks, telecom solutions, computing and storage systems, consumer appliances and industry systems, will enter new segments such as medical electronics, avionics and defence.
Private equity firms have reportedly shown interest picking up stake in Bengal Faith Health Care, the Special Purpose Vehicle (SPV) formed to set up the Bardhaman Health City, a INR 1,000 crore PPP (public-private partnership project) to come up on a 60-acre plot near Durgapur Expressway(NH-42).
