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Govt brings stem cell, gene therapies under central licensing framework
India's drug regulations have been updated to include advanced treatments like cell, stem cell, gene therapies, and xenografts under central licensing. This move aims to bolster oversight for these complex, evolving medical technologies, ensuring patient safety and uniform standards nationwide. The amendment signifies a commitment to public health while fostering innovation and faster adoption of cutting-edge healthcare solutions.
Aster DM Quality Care begins operations after Aster DM Healthcare, Blackstone's Quality Care merge
Aster DM Quality Care has officially launched following the merger of Aster DM Healthcare and Blackstone-backed Quality Care India. This integration unites four major healthcare brands, aiming to significantly boost procurement power and operational efficiency. The combined entity, boasting over 10,600 beds across 39 hospitals, is poised to become a top-tier hospital chain in India, with ambitious plans for future expansion.
Bank of Baroda slumps after settling NMC Health litigation for $600 million
Bank of Baroda tumbled 4.31% to Rs 259.80 after the bank said that it has entered into an out-of-court settlement with the joint administrators of NMC Health PLC, NMC Healthcare Ltd and NMC Holding Ltd.
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.
ASTERDM commences operations on completion of merger with Quality Care India
Aster DM Quality Care today commenced operations following the successful completion of the merger between Aster DM Healthcare and Quality Care India (QCIL), bringing together four trusted healthcare brands - Aster DM, CARE Hospitals, Evercare and KIMSHEALTH.
Stocks to Watch today: Bharti Airtel, Lupin, CSM Technologies, Coal India
Stocks to Watch today, July 2, 2026: Hero MotoCorp, Tata Technologies, Medi Assist Healthcare, and NLC India are among the top stocks to remain in focus during today's trading session.
'Contributes To Nation-Building': PM Modi Extends Greetings On Doctors' Day & Chartered Accountants' Day
PM Modi greeted doctors and chartered accountants, praising their contributions to healthcare, economic growth and nation-building.
Kotak Institutional removes ABB India, Siemens, Cummins India from model portfolio
Kotak Institutional Equities' Sanjeev Prasad prefers private banks over IT and expensive industrial stocks, citing attractive valuations, stable credit growth and the potential for re-rating. He warned that AI-driven pricing pressure makes it difficult to value IT companies and said investors should avoid chasing richly valued capital goods and electrification stocks despite strong long-term themes. Healthcare, hospitality, retail and telecom remain among his preferred sectors.
Silent winners! 43 stocks turned multibaggers even as Nifty went nowhere in 2 years
Despite the Nifty 50 showing minimal returns over two years, astute investors have witnessed significant wealth creation. Forty-three stocks have more than doubled investor wealth, with companies in defence, healthcare, and specialty chemicals leading the charge. This period highlights that market opportunities often lie beneath the surface of headline index movements, rewarding patient stock pickers.
Sensex rises over 150 points, Nifty above 23,900 as investors weigh Iran tensions, weak monsoon concerns
Indian stock markets opened the second half of 2026 with modest gains after recent declines. Investors are closely watching escalating US-Iran tensions, which are impacting oil prices, and a concerningly weak monsoon season. Analysts suggest adjusting portfolios towards fixed income and monsoon-proof sectors like healthcare and defense to mitigate potential fallout from the dry spell.
Cupid shares gain 2% as firm raises FY27 guidance, expects Q1 revenue to top Rs 150 crore
Cupid shares gained 2% as the company anticipates a record Q1 FY27 revenue exceeding Rs 150 crore. Buoyed by strong market visibility, Cupid has boosted its FY27 revenue forecast to over Rs 660 crore. This optimistic outlook is fueled by diversified business, expanding global opportunities in healthcare, and growth in its condom and lubricant portfolios. The company is also making strides in its IVD business, signaling robust future potential.
Stocks to Watch today: RailTel, NTPC Green, Advit Jewels, Waterways Leisure
Stocks to Watch today, July 1, 2026: Hexaware Technologies, Godrej Properties, Newgen Software, BPCL, Tata Communications, and Max Healthcare are among the top stocks to remain in focus