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Medical device maker Zimmer Biomet to hire 500 employees in 3 years for tech centre in India
Medical device giant Zimmer Biomet is set to significantly expand its Indian footprint by hiring 500 professionals over three years for its new Bengaluru technology hub. Focusing on AI, software engineering, and R&D, the company aims to drive innovation in orthopedic implants and surgical devices. This move underscores India's growing importance as a global capability center for healthcare firms.
Bombay HC rejects Lilavati Trust's defamation plea, says HDFC Bank's claims were truthful
The Bombay High Court on Tuesday dismissed an interim application filed by the Lilavati Kirtilal Mehta Medical Trust, which runs Mumbai's Lilavati Hospital, seeking to restrain HDFC Bank, its Managing Director and CEO Sashidhar Jagdishan, and others from making allegedly defamatory statements against the Trust and its members.
PE wars to billion-dollar IPO dreams, hospital sector is fighting fit
Major private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition highlights strong investor confidence in India's healthcare sector. The industry is entering a new growth phase driven by increasing demand, a shortage of hospital beds, and a rise in specialized medical services.
Bombay HC quashes ₹2-crore bribery FIR against HDFC Bank CEO Sashidhar Jagdishan
This was in connection with a bribery complaint filed by the Lilavati Kirtilal Mehta Medical Trust, which runs Lilavati Hospital in Mumbai. Shares of HDFC Bank Ltd ended at ₹772.55, down by ₹5.35, or 0.69%, on the BSE today, May 5.