Global PE major KKR acquires a controlling stake in Kerala-based Baby Memorial Hospital for Rs 2,000 crore, aiming to expand its healthcare network in India.

Fosun Pharma has divested a 6% stake in Gland Pharma for Rs 1,754 crore through an open market transaction, reducing its shareholding to 51.86%. UBS Principal Capital Asia acquired a 0.5% stake.

Gland Pharma's consolidated profit after tax (PAT) jumped over two-fold to Rs 192 crore in the March quarter, driven by strong revenue growth. The company also announced a final dividend of Rs 20...

Gland Pharma receives USFDA approval for its generic Edaravone injection, used to treat amyotrophic lateral sclerosis (ALS). The company expects to launch the product through its marketing partner...

KKR has acquired medical device firm Healthium Medtech from Apax Partners for up to Rs 7,000 crore. The deal marks KKR's latest investment in the healthcare sector in India and the Asia Pacific.

Tamara Leisure Experiences launches Lilac Hotels in Kumbakonam, Tamil Nadu, expanding its mid-segment portfolio. The new hotel offers 27 executive rooms, 13 premium rooms, 4 elite rooms and one suite.

The Directorate General of Mines Safety (DGMS) is emphasizing safety regulations for new coal mine operators as more commercial mines are auctioned in India. Coal India is also diversifying into...

Cholamandalam MS General Insurance reports strong Q1 FY24 performance with a Gross Written Premium (GWP) of Rs 1,945 crore, a 14.3% growth over the previous year.

India aims to achieve a USD 30 trillion economy with USD 18,000 per capita income by 2047, according to NITI Aayog's 'Vision for Viksit Bharat @ 2047' paper. The document outlines key challenges...

A study reveals pilot fatigue is linked to consecutive night flights, long duty hours, and roster instability. Safety Matters Foundation highlights concerns and calls for improved regulations.

Sensex and Nifty surged to new record highs on Monday driven by global market gains and foreign fund inflows. Find out which stocks are leading the rally.

The Indian rupee appreciated by 2 paise to 83.72 against the US dollar in early trade on Monday, supported by a weak dollar overseas and positive domestic market sentiment.

Tamara Leisure Experiences launches Lilac Hotels in Kumbakonam, Tamil Nadu, expanding its mid-segment portfolio. The new hotel offers 27 executive rooms, 13 premium rooms, 4 elite rooms and one suite.

The Directorate General of Mines Safety (DGMS) is emphasizing safety regulations for new coal mine operators as more commercial mines are auctioned in India. Coal India is also diversifying into...

Cholamandalam MS General Insurance reports strong Q1 FY24 performance with a Gross Written Premium (GWP) of Rs 1,945 crore, a 14.3% growth over the previous year.