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India’s Microfinance Industry Clocked 60% Growth in Fiscal 2016
After years of subdued growth, the Indian microfinance (MFI) industry expanded more than 60% to Rs54,329 crore in 2015-16 compared to the previous year, according to a report prepared by Sa-Dhan, the self regulatory organisation of MFIs.
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- Uncategorized
- Region
- South Asia
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WHO Asks India to Engage Private Healthcare Sector to Tackle Dengue and Chikungunya
The WHO called for strengthening India's disease surveillance network by engaging private healthcare sector more for reliable counts of cases of dengue and chikungunya, which have claimed over 80 lives and affected more than 50,000 people across the country. Terming engagement with private healthcare sector as "critical", WHO said that even probable dengue cases during outbreaks need to be reported to get more effective estimates while noting that strong surveillance, vector control, early diagnosis and case management and public awareness are key to control these vector-borne diseases.
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- Health Care
- Region
- South Asia
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Global Healthcare Companies Seek to Bet on Indian Startups for Fresh Start
Last year when global oncology leader Roche signed a $550-million deal to team up with Curadev, a tiny Noidabased firm set up by two seasoned researchers, it didn't really make the headlines. Yet the deal, cherry-picked by a global scouting team of the Swiss biotech giant, resonated with other innovation-based drug makers and medical device leaders such as Johnson & Johnson Innovation, Philips and Medtronic.
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- Health Care
- Region
- South Asia
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Why TPG’s Rise Fund could redefine impact investing
The New York Times (NYT) reported on Monday citing unnamed sources that TPG Growth is setting up a social impact fund. It is dubbed the Rise Fund and aims to invest more than $1 billion over time.
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- Investing
- Region
- South Asia
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Australian Social Enterprise Lights Up India’s Slums
Pollinate Energy was founded by six young Australians in 2012, following a blackout in India that left more than 600 million people without power.
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- Energy, Technology
- Region
- South Asia
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Indian Millionaire’s Vaccine Maker Hunts for Acquisitions
“I do see vaccine companies coming up on the block whether it could be in India or it could be abroad,” Adar Poonawalla, head of Serum Institute of India Pvt. Ltd., said in an interview in the company’s headquarters in Pune, India. “This is the lull before the storm. You are going to see either acquisitions or mergers.”
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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India to Review US FDA’s Ban on Antibacterial Soap
A week after the US Food and Drug Administration (FDA) banned the use of certain compounds in antibacterial hand and body wash products, India’s Central Drug Standard Control Organization (CDSCO) is set to deliberate whether their use in India poses a public health hazard that requires a closer look, two CDSCO officials said on condition of anonymity.
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- Health Care
- Region
- South Asia
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Apollo Spectra Hospitals, Quadio Introduce Net Audiometry Services
Apollo Spectra Hospitals, part of Apollo Health and Lifestyle Ltd. (AHLL), one of the largest players in the healthcare segment, for the first time has partnered with Pune based hearing health care provider Quadio Labs for their maiden telemedicine services.
- Categories
- Health Care, Technology
- Region
- South Asia
