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Sun Pharma Plans $1 Billion Local Debt Sale

By Uniquetimesorg September 29, 2026 0

India’s Sun Pharmaceutical Industries plans to raise around 100 billion rupees ($1.04 billion) through a rupee-denominated debt sale, according to three sources. The funds are expected to partly refinance a bridge loan taken to finance its acquisition of US healthcare company Organon & Co. Sun Pharma, India’s largest drugmaker by market value, secured a nearly […]Continue Reading

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Top Court Allows Forensic Audit in Fortis-IHH Case

By Uniquetimesorg September 28, 2026 0

India’s Supreme Court has allowed a court-ordered forensic audit into a decade-long dispute involving Fortis Healthcare and Malaysia’s IHH Healthcare, after disposing of Fortis Healthcare’s petition challenging the audit. The audit will examine allegations that former Fortis promoters Malvinder Mohan Singh and Shivinder Mohan Singh moved or disposed of assets that could Continue Reading

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India Orders Crackdown on Nicotine Pouches Over Health Risks

By Uniquetimesorg September 25, 2026 0

India’s health ministry has directed states to take enforcement action against the sale of nicotine pouches, citing public health concerns and their growing availability through online and offline channels. A September 19 letter reviewed by Reuters said nicotine exposure among children was a particular concern. Nicotine pouches, which contain nicotine but no tobacco, Continue Reading

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GE HealthCare Eyes More Than 2X Export Growth from India by 2030

By Uniquetimesorg September 14, 2026 0

GE HealthCare is targeting more than a twofold increase in exports from India by 2030, while aiming for 75% of its India revenue to come from products designed and manufactured locally. The company has announced an ₹8,000-crore investment over five years, with around 30–35% already deployed across engineering, manufacturing and distribution. India is a key […]Continue Reading

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India Flags Abhayrab Rabies Vaccine Batch as Substandard

By Uniquetimesorg September 5, 2026 0

India’s drug regulator has flagged a batch of the widely used Abhayrab rabies vaccine as substandard and potentially spurious after a government laboratory found that it failed a potency test. The Drugs Controller General has asked state regulators to maintain strict vigilance over the distribution of batch KE25012 and take necessary regulatory action. The Central […]Continue Reading

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Indian Court Orders Probe Into Fortis Asset Diversion Case

By Uniquetimesorg September 1, 2026 0

India’s Delhi High Court has ordered a forensic audit into alleged asset dissipation involving former promoters of Fortis Healthcare, Malaysia-based IHH Healthcare said on Tuesday. The investigation will examine the disposal of the former promoters’ Fortis shareholding, the subsequent change in control of the hospital operator and the role of various stakeholders. The case Continue Reading

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Medicover India Hospitals Target Profitability in 18 Months

By Uniquetimesorg August 27, 2026 0

Swedish healthcare provider Medicover expects all 25 of its hospitals in India to become profitable within the next 18 months, supported by improving occupancy and growing demand for specialised healthcare. Currently, 19 hospitals in its network are profitable, while the company aims to increase its core profit margin from 14% to 20–25% over the next […]Continue Reading

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Manappuram Unique Times Business Summit 2026 Explores the Future of Tourism, Hospitality & Wellness

By Uniquetimesorg August 10, 2026 0

  The Unique Times Business Summit 2026, presented by Manappuram Finance Ltd and organized by Pegasus Global Pvt. Ltd., was successfully held on August 9, 2026, at Le Méridien Kochi. Powered by FICF, INMECC, Alcazar Watches, Vibe Munnar and DQUE T-Shirts, the summit brought together distinguished leaders from the healthcare, hospitality, tourism and business sectors Continue Reading

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Blackstone-Owned AGS Health Files $500 Million India IPO Papers

By Uniquetimesorg August 8, 2026 0

Blackstone-owned AGS Health has filed updated draft papers for a ₹48 billion ($504 million) initial public offering (IPO) in India, nearly two months after receiving approval from the market regulator for its listing. The proposed IPO includes a fresh issue of shares worth up to ₹18 billion and an offer for sale of shares worth […]Continue Reading

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Medicover Sells India Hospital Business to KKR for €1.2 Billion

By Uniquetimesorg August 6, 2026 0

Swedish healthcare provider Medicover has agreed to sell its India hospital business to funds managed by global investment firm KKR in a deal valued at €1.2 billion ($1.39 billion). The transaction marks a major move for Medicover as it reshapes its global healthcare portfolio and strengthens its focus on key European markets. The company said […]Continue Reading