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Cabinet okays sale of India’s first pharma firm
In the second strategic sale approval in over 12 years, the Cabinet today cleared the sale of India's first pharma company Bengal Chemicals and Pharmaceuticals Ltd as well as Hindustan Antibiotics Ltd after selling their surplus land.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Biopharma: India’s New Sunrise Sector
India is frequently referred to as the pharmacy to the world. While our generics industry has indeed made a name for itself globally, we are yet to see any priority being accorded to new drug discovery. Dr Frank Lichtenberg of the Columbia University and the National Bureau of Economic Research studied 30 developing and high income countries, for a decade beginning in 2000, to establish clearly that pharmaceutical innovation serves to enhance longevity, increase productivity and reduce medical expenditure. It is time to prioritize research and move from 'Make in India' to 'Innovate in India'.
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- Health Care
- Region
- South Asia
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3 highlights about Shyam Sunder Bedekar’s Rs 2.5 sanitary pad and incinerator social enterprise
Rural innovations have something beautiful about them. Solutions made by innovators who are in sync with the surroundings and serving the need of the hour. Shyam Sunder Bedekar’s Sakhi pads and the low-cost incinerator make one such example that have been written about widely. YourStory also covered the story in November and it has been very well received by readers.
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- Health Care
- Region
- South Asia
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Looking For A Bathroom? Google Will Take You There – If You’re In India!
Sometimes, the only directions you need are to the nearest bathroom. And now, Google is providing you with just that. That is, if you’re in India. To address what CNBC describes as a “nationwide problem of open defecation and urination,” Google and the Indian government have embarked upon a new partnership to create a toilet locator app that takes users to the nearest public washroom.
- Categories
- Health Care, Technology
- Region
- South Asia
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Is Maharashtra the Next Andhra Pradesh for the Microfinance Industry?
Microfinance companies in Maharashtra are seeing early signs of trouble, reminiscent of a crisis that gripped the sector in 2010 when repayments came to a virtual standstill in Andhra Pradesh revealing poor lending practices by the industry.
- Categories
- Uncategorized
- Region
- South Asia
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IFC to lend $100m to Indonesian bank BTPN
Indonesia’s Bank Tabungan Pensiunan Nasional (BTPN) will receive $100 million in loans from the International Finance Corporation (IFC), according to a filing. The loans will be used to fund the growth of BTPN’s micro, small and medium enterprises businesses (MSMEs). It will also be channeled to women borrowers.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments
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Indian Pharma Eyes Pride of Place, Regulation Achilles Heel
India is on track to cement its position next year as a source of safe, effective and quality medicines at affordable prices, but a "growing trust deficit" with the government and regulatory headwinds can pose a serious roadblock to this journey.
- Categories
- Health Care
- Region
- South Asia
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Demonetisation and digital transactions will never stop corruption in India. Here’s why.
If digital transactions could curb corruption and black money , Kenya would have be en the most transparent country in the world. About 75% of the adult population in Kenya uses mobile phones for payments and money transfer. The value of mobile money transactions and transfers per day is equal to 4.5% of annualised GDP of Kenya, as per a report published in an International Monetary Fund (IMF) journal.
- Categories
- Technology
- Region
- South Asia
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