The promoter family of the Apollo Hospitals Group has issued a note to the press announcing that it has divested 3.6% holding in Apollo Hospitals Enterprise Ltd. bringing the promoter holding down to 30.8%.
A year after the launch of Ayushman Bharat Yojana, the medical devices and pharma industries in India are expected to benefit substantially, says a Whitepaper published by SKP – India’s leading provider of business consulting services.
Roche Diabetes Care India, a pioneer in the development of diabetes management systems and services, has announced the appointment of Omar Sherief Mohammad as General Manager for its India business.
The medical devices sector wants the Government to come up with a law for a single regulatory authority for the sector, says the medical technology division of the Confederation of Indian Industry (CII).
India’s healthcare industry has welcomed the government’s decision to slash corporate tax, and said rationalisation of tax structure will provide much-awaited booster dose to the sector. In a major fiscal booster, the Indian government has slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies.