Hospitals & Clinics
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Opportunity India Desk Sep 29, 2017 - 1 min readHomegrown FMCG firm Dabur India has informed that its non-executive Chairman Anand C Burman has been re-appointed for the next five years.Besides, Amit Burman has also been re-appointed as non- executive Vice Chairman of the company for the similar period.Both the appointments would be effective from July 23, 2017, Dabur said in a regulatory filing.Its ...
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Opportunity India Desk Sep 29, 2017 - 1 min readYoga guru Ramdev said that Patanjali Ayurveda, will steal the march over multinational firms manufacturing consumer products.Comparing them to the East India Company that had entered the country with a purpose to "loot", Ramdev said that he aims to make India free from the MNCs.He said that the MNCs were not working for the country's ...
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Opportunity India Desk Sep 29, 2017 - 2 min readDespite the online pharmacy market's growth getting stymied because of regulatory hurdles and a bunch of startups like Zigy shutting down, some investors are backing select ventures as they look to disrupt the pharma retailing industry. After PharmEasy scooped up $18 million from Bessemer Venture Partners and others, Bengaluru-based Myra has roped in Matrix Partners and ...
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Opportunity India Desk Sep 29, 2017 - 1 min readThe canteen stores department (CSD), the retailing platform for India's defence forces, has suspended the sale of Patanjali Ayurved's amla juice after receiving an adverse state-laboratory test report on the product that had helped establish the company’s credentials in the consumer business.The CSD, in a letter dated April 3, 2017, asked all depots to make ...
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Opportunity India Desk Sep 29, 2017 - 2 min readSurat based Pharmaceutical Company Zota Health Care Limited (ZHCL), will launch its initial public offering (IPO)on 27th April.The company announced pricing of its initial offering of 46,80,000 equity shares with a face value of Rs 10 per share at a price band of Rs.121 to 125. The offer consists of fresh issue of 31,80,000 equity ...
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Opportunity India Desk Sep 29, 2017 - 1 min readPatanjali Ayurveda's Co-Founder and CEO, Acharya Balkrishna has announced that the company is planning to expand globally in the near future, while addressing a 'Made in India - Food Buyer Seller Meet' organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Agricultural and Processed Food Products Export Development Authority ( APEDA).He ...
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Opportunity India Desk Sep 29, 2017 - 1 min readDelhi-based healthcare technology startup Navia Life Care Pvt. Ltd has raised angel funding from Benori Ventures LLP, which is led by former Evalueserve chief operating officer Ashish Gupta.Navia is the first healthcare company in which the newly formed Benori Ventures has invested. Benori Ventures focuses on incubating and investing in startups in India. Kunal Kishore ...
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Opportunity India Desk Sep 29, 2017 - 1 min readPatanjali and Alibaba, have helped Indian consumer company Dabur unite the ancient with high technology.Dabur, whose consumer approach is based on a range of products described as 'natural', will have a call centre for ayurveda to advise buyers on health issues and prescribe drugs. A Dabur spokesperson said, "We have piloted an initiative in Orissa, ...
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Opportunity India Desk Sep 29, 2017 - 1 min readHomegrown FMCG major Dabur has said it has completed acquisition of personal, hair care and creams businesses of South Africa based-CTL group of companies.In November last year, Dabur said its arm Dabur South Africa (PTY) has entered into an agreement to acquire the South African business of development, manufacturing, packaging and sale of personal care ...
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Opportunity India Desk Sep 29, 2017 - 2 min readDabur India is willing to dilute its holding in its wholly-owned retail subsidiary H&B Stores and bring in an investor to grow the business once the government eases rules on foreign direct investment in multi-brand retail, according to Sunil Duggal, the Chief Executive Officer of the company known for its Ayurvedic products.Duggal said, "Going forward, ...