Hinduja group to invest $1.5 billion in India
The multi-million dollar Hinduja group has finally revealed its plans of investing in India’s sunrise sectors like healthcare and insurance.
Tags: healthcare, Hinduja Hospital, India, insurance, news, USD
Apollo to invest INR 2.5 billion for hospital at Navi Mumbai
Healthcare service provider Apollo Hospitals Ltd recently announced it will invest INR 2.5 billion to set up a 400-bed hospital at Navi Mumbai in Maharashtra.
Telemedicine links Galapagos to mainland
The Equinoctial Technology University in Ecuador opened a telemedicine centre, which will use satellite connections to provide better healthcare to and train medical staff in remote areas like the Galapagos Islands.
Perot Systems expands in India
Perot Systems, the second largest solution providers for the healthcare vertical in the US, having a $1.25 billion business in the healthcare industry, recently set up shop in Tamil Nadu.
In India, the solution provider now has set-ups in Chennai and Coimbatore (in Tamil Nadu) apart from ones in Bangalore and Noida.
Gates Foundation pledges $100 mn for global health research
Bill and Melinda Gates Foundation has announced that it has earmarked 100 million dollars to create a new fast-track grants initiatives to support the global health research.
Reliance Life on expansion spree
Reliance Life Insurance, one of the leading life insurance players in India, will invest INR 1000-1200 crore (US$ 250- 300 million) in 2-3 years to expand its insurance business.
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.
Wockhardt plans to triple revenue from US market
Pharma major Wockhardt is planning to triple or quadruple the company
Singapore calls for innovation in healthcare
The Singapore Government will invest US$2 million to encourage the development of ICT applications to improve the cost-efficiency and quality of healthcare services in the island-state.
Fortis plans US$ 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.
Doctors assess patients over long distance wi-fi connection
Residents of remote villages in southern India now have easy access to eye care thanks to a specially designed, low-cost and long-distance wi-fi network.
Program brings medical services to children
The Danville Pittsylvania Community Services Board (DPCSB) is using videoconferencing technology to provide services to children, and adolescents in need of psychiatric help.
US insurers keen on Indian tie ups
Keen to take advantage of low-cost healthcare in India, US insurance firms are drawing up attractive medical tourism packages with Indian hospitals to facilitate travel and treatment for its citizens there.
