Private equity investors have been investing large sums of money in hospitals. Certain types of hospital chains are delivering healthy returns for such investors.
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Last week, Global Health Ltd, the company which operates hospitals under the brand Medanta, made a strong debut on the Indian stock exchanges. Its shares gained 19% on the listing day. At Thursday’s close of INR462.50 per share, the stock is around 38% up from its issue price of INR336. The company’s initial public offering […]
Kotdwar to Hyderabad: How a fake-drugs racket in Uttarakhand with roots in south India was busted.
Officials from enforcement agencies with the accused charged with making and supplying spurious drugs; image credit: Telangana Drug Control Administration Synopsis In a rare breakthrough, the Telangana drug administration has unearthed a well-oiled network of spurious drug peddlers with operations spanning from the northern state of India to the narrow alleys of Hyderabad. According to […]
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