Archive for March, 2007
Medical tourism likely to become India’s next big success story
0 Comments Published by Rachel March 31st, 2007 in Medical TourismAs 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 […]
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| Major Kerala private hospitals earmark 10pc profit for poor
0 Comments Published by Rachel March 31st, 2007 in Medical TourismKerala’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 […]
| | | | | | | | | | | | | Indian hospitals beckon unemployed British doctors
0 Comments Published by Rachel March 29th, 2007 in Medical TourismFor 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 […]
| | | | | | | | | | | | | Trinity Capital Buys 6 Mln Shares Of India’s Fortis Healthcare For GBP 10.3 Mln In Pre-IPO Placement
0 Comments Published by Rachel March 29th, 2007 in Medical TourismTrinity 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 […]
| | | | | | | | | | | | | 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 […]
| | | | | | | | | | | | | Consumer durable retailers focus on small formats
0 Comments Published by Clarissa March 26th, 2007 in RetailConsumer 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 […]
| | | | | | | | | | | | | 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 […]
| | | | | | | | | | | | | Pantaloon Retail pulls out from Gini & Jony
0 Comments Published by Clarissa March 26th, 2007 in RetailPantaloon 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 […]
| | | | | | | | | | | | | 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 […]
| | | | | | | | | | | | | Jayalalitha against corporates entering retail sector
0 Comments Published by Clarissa March 26th, 2007 in RetailAIADMK chief Jayalalitha said that she is against corporates entering the retail sector as it would cause small vendors and traders to lose their livelihood, as large corporate houses have the leverage to sell commodities at lower prices. She added that large retailers had wiped out small retailers in countries such as Japan, China and […]
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