Page 2 - Healthcare Sector

Healthcare industry welcomes faster GST refunds, seeks broader reform

The Central Board of Indirect Taxes and Customs (CBIC) recently announced that 90 per cent of GST refunds will now be released upfront for low-risk taxpayers

Drug regulator begins pan-Indian inspection of cough syrup makers

The regulator has sought a list of cough syrup manufacturers from all states and UTs following reports of toxic contaminants linked to child deaths in Madhya Pradesh

Hospital fires expose deep safety lapses, weak enforcement across India

While such practices exist in leading private facilities, experts say public hospitals, often stretched and underfunded, struggle with outdated wiring, inadequate maintenance, and lax inspection

Medanta, Max: Analysts pick best hospital stocks to buy post CGHS revision

The CGHS rate revision could lift hospital chains' revenues and margins, say analysts. Here are the listed stocks set to benefit most from the policy update

Healthcare set to be more affordable as new GST rate kicks in from Sept 22

Medicines, including some life saving drugs, and medical devices are set to become cheaper from Monday with the new GST rates kicking in, making healthcare more affordable and accessible for every citizen, according to industry players. With the landmark GST reforms announced by Prime Minister Narendra Modi come into effect from September 22, it will make healthcare more affordable and accessible for every citizen, Indian Pharmaceutical Alliance Secretary General Sudarshan Jain said. "Most medicines, earlier taxed at 12 per cent, will now attract just 5 per cent GST. In addition, 36 critical life-saving drugs for cancer, genetic and rare diseases, and cardiovascular conditions have been fully exempted," he added. The GST Council has also rationalised tax slabs on health and life insurance premiums, glucometers, and corrective spectacles, Jain said. "These measures mark a transformative shift in India's healthcare landscape, delivering direct savings to patients, easing the burden o

AI platform Tern Group raises $24 mn to grow global healthcare workforce

Tern Group secured $24 mn in Series A funding led by Notion Capital to expand nurse training, strengthen its AI talent platform, and scale healthcare placements globally

Healthcare IT firm Availity to triple India tech staff by 2026 end

The company will widen its Bengaluru capability centre, targeting headcount growth to 400 from 250 by end-2025

Nathealth calls for GST input slab for healthcare to be capped at 5%

Nathealth urges the government to cap GST input slabs for healthcare at 5% and allow input credits, citing rising embedded taxes that increase costs for providers and patients

GIC, TPG-backed AHH targets 20 AINU hospitals by FY30, eyes GI entry

AHH aims for 20 nephrology and urology hospitals under AINU by FY30, plans GI expansion, and leaves IPO timing to investor decision despite readiness within 18 months

Over 4K mobile veterinary unit running in India, no expansion planned: Govt

The government on Wednesday said as many as 4,019 Mobile Veterinary Units (MVUs) have been made operational in 29 states and union territories since their launch in 2021-22. "Presently, there is no plan at present to expand the MVU programme beyond the existing states and union territories," Minister of State for Fisheries, Animal Husbandry and Dairying S P Singh Baghel, in his written reply to the Rajya Sabha. The mobile veterinary units are operational in 29 states and union territories. "So far, 91.56 lakh farmers have benefited and 1.90 crore animals have been treated with the help of MVUs," he said. The scheme, which was launched during 2021-22, became fully functional by FY 2023-24 and hence no mid-term review could be done for MVUs, he added.

Digital health company eMed taps former X boss Linda Yaccarino as CEO

Yaccarino, one of Elon Musk's top deputies, stepped down from her role at the social media site in July

Niva Bupa likely to hike health insurance premium by 8-9% in FY26

Medical inflation forces Niva Bupa to revise pricing; expects 25% growth in FY26

Health ID - Digital, Secure, Inclusive

With a federated architecture, no health records will be stored in a central repository, reducing the risk of a single hacked server leading to leakages

W Health Ventures announces $70 mn fund II focused on healthcare firms

Fund II will invest and back about eight to 10 new companies over the next four years

Angel One, LivWell announce ₹4 billion JV for digital life insurance

Angel One and LivWell announce a joint venture to set up a digital-first life insurance firm in India with Rs 4 bn capital, aiming to improve access and affordability

IHH inks Fortis-Gleneagles O&M deal to strengthen pan-India platform

Under the agreement, Fortis will manage operations of six Gleneagles hospitals and one clinic, earning a monthly fee and expanding its bed capacity and national presence

Diagnostic firm Aarthi Scans eyes North India, lines up ₹350 cr investment

Chennai-based Aarthi Scans plans to add 65 new centres by 2030, with 90% in North India, while exploring fitness diagnostics and targeting a Rs 600 crore turnover

Tricog, Omron eye 100 mn patient screenings for cardiac health by 2030

Tricog Health and Omron aim to screen 100 million patients for cardiac health by 2030 with KeeboHealth, an AI-powered connected health platform integrating remote monitoring & real-time data analytics

Porinju Veliyath portfolio stock zooms 20% on huge volumes. Do you own?

Shares of Kerala Ayurveda zoomed 20% to ₹511.70 on the BSE in Monday's intra-day trade with 2.87 million shares representing 23.9% of total equity changing hands till 1:11 PM.

Jhunjhunwala family-backed firm's stock slides 4% after large trades

Inventurus Knowledge Solutions shares fell after a 1.5% stake changed hands in a block deal; buyer and seller unknown