The photo of the dentist at Manipal hospitals shows, to some degree, the quality of the facilities in the dental department. They are new and up to global standards.

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As medical tourism gains impetus in India, since it is one of the chepaest tourism destinations, it was decided by the Ministry of Health and Family Welfare, following a meeting with the Ministry of Tourism, has made a statement that a National Accreditation Health Board needs to be established to maintain international standards in the country’s medical facilities. According to an official statement - “Medical tourism as an industry has begun to take concrete shape with the Ministry of Health and Family Welfare and the Ministry of Tourism thrashing out the intricacies involved.”

Dr. Anbumani Ramadoss, Minister of Health and Family Welfare, has stated that the government has cleared the medical visa. The potential of medical tourism as well as tourism in general is getting higher everyday, particularly because of the cheap rates yet high standard of services and treatments offered.
Thursday, March 29, 2007
Source: GaramChai

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Kerala’s dominant private healthcare centres are to earmark 10 per cent of annual profits for poor patients, while at the same time, they will also position themselves in a way that they can still tap the medical tourism sector. This was announced by Philip Augustine, chairman of Kerala Health Tourism (KHT) 2007, at the second session of the health summit.

Dr Philip Augustine, along with neurosurgeon A. Marthanda Pillai (head of Ananthapuri Hospital) also said that the upcoming tourism policy would also contain more administrative qualities on the 10 per cent altruistic allocations.

Most of the hospitals in the big league tried to get credentials by the Confederation of Indian Industry (CII) and the Indian Health Ministry-sponsored National Accreditation Board for Hospitals and Healthcare Institutions (NABH). Among some of the more prominent attendees were Kerala Tourism Development Corporation (KTDC) chairman Cherian Philip and the Commonwealth study group delegates.
Monday, March 26, 2007
Source: The Peninsula

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For what seems like a change, young doctors from the UK are looking to India for employment in private hospitals. Thousands of British doctors are emigrating to other countries due to uncertainties caused by flaws found in their recruitment system known as Modernising Medical Careers (MMC).

Due to dejection and frustrations as a result of being unable to find jobs in British hospitals, hundreds have applied for jobs elsewhere. One of the main hospitals attracting these young British physicians is the K.G. Hospital and Post-graduate Medical Institute in Coimbatore.

A junior doctor from the Oxford Deanery who applied for a job in Australia and New Zealand was offered a year-long surgical spot in New South Wales within a few days. According to the doctor: “I feel I have been forced out and betrayed by consultants and the government. I still hope to come back to the UK [but] if I was offered a training programme in Australia I would stay.” However, while loads of these UK doctors have been looking overseas for jobs, many of the Indian doctors have been short-listed in the present round of employment. Lakshman Raman, Vice-Chairman of the British Association of Physicians of Indian origin (BAPIO) stated: “While it is difficult to calculate numbers, we have heard from quite a number of (Indian) doctors saying they have been shortlisted for interviews. It is, therefore, also true that those who have not been shortlisted have not been successful because of other factors and not because of their nationality. We are quite pleased about this”.
Monday, March 19, 2007
Source: India eNews

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Trinity Capital PLC has acquired 6 million shares of Fortis Healthcare Limited (FHL) for GBP 10.3 million in a further pre-IPO placement, at a cost of INR 145 per share. The acquisition will increase Trinity’s strategic shareholding in FHL to 8 million shares or 4.24%. Trinity stated that the increase in investment would give it an opportunity to develop three hotels. It has also been noted that Trikona Capital will appoint a hotel operator to manage and operate the hotels.

According to Aashish Kalra, Managing Director of Trikona Capital: “Our increased investment in Fortis has secured the option to develop three hotels alongside FHL’s future hospitals, this gives us considerable opportunity to tap into the growth potential of the healthcare industry. Apart from having an option to develop hotels along hospitals and healthcare facilities, this strategic relationship will also give rise to opportunities whereby Fortis may develop hospitals in our township developments.” Trinity has noted that India’s fastest growing sub-sector - medical tourism - is expected to grow from $18.7 billion to $45 billion by 2012. The year 2004 saw about 80,000 patients arrive in India from all over the world.
Wednesday, March 21, 2007
Source: Trading Markets

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Dabur announced that it would be tying up with kirana or local mom-and-pop stores to increase its visibility. Dabur will be using a concept such as Hindustan Lever Ltd. (HLL)’s system of allowing kirana’s to join their Super Value Store programme. For its initial testing, the company is using local kirana stores in Ahmedabad, Chandigarh and Ranchi.
Friday, March 23, 2007
Source: Business Standard

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Consumer durable retail chains such as Croma and Next are looking to buyout small retail chains across India in an effort to consolidate their business. The companies are holding talks with smaller regional players such as Sumaria, Sony Mony and Kohinoor in Mumbai, Shah’s and TMC in Hyderabad and Shubham in Bangalore.Some of the larger regional players like Vivek’s and Vijay Sales are looking to tie up with international retailers such as Dickson or Best Buy. The recent Gudi Padwa festival showed that consumers prefer organized formats such as Croma, Next and Vijay Sales where sales were much higher than small consumer durable stores.
Friday, March 23, 2007
Source: The Economic Times

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The Godrej Group will soon be launching specialty stores in four categories: home appliances, home furniture, office furniture and non-apparel lifestyle products, through its flagship company Godrej & Boyce Manufacturing Co. The first 20 of these stores will be opened by 2010 in major retail markets such as Mumbai, Kolkata, Delhi, Chennai, Bangalore, Pune, Ahmedabad and Hyderabad. The company will keep the identity of its Godrej Lifespace stores, which is also run by Godrej & Boyce separate from these stores.
Tuesday, March 20, 2007
Source: The Economic Times

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Pantaloon Retail India Ltd (PRIL) has officially pulled out of Gini & Jony, a children’s wear brand and one of the first brands that Kishore Biyani, MD of Pantaloon had invested in. Sources report that while the financial arrangement with Gini & Jony will continue, it will break off all operational ties.Pantaloon had invested in the company with the thought that it would “drive business on its own” but unfortunately, it has not been able to work in a cohesive manner with Pantaloon and become dependant on it. Ultimately Pantaloon had to even depute top management, including the CFO to take care of it’s functioning.
Monday, March 19, 2007
Source: The Economic Times

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Siyaram Silk Mills announced that it will be opening 150 exclusive outlets that will be called F2F and will retail all the company’s in house brands such as Oxemberg, Mistair and J.Hampstead. According to Ramesh Poddar, Vice-Chairman and MD of Siyarams Silk Mills, the company is looking at mall locations for the most part, since there are not too many players in the mid-price segments that sell branded fabrics there.
Sunday, March 18, 2007
Source: The Hindu Business Line

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