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Alibaba targets India as key e-commerce battleground

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07-Feb-18 Alibaba has secured a USD200 mn stake in leading Indian online grocery group BigBasket, while its payments affiliate Ant Financial agreed to invest the same sum into Indian food-ordering app Zomato. [image: Morgan Stanley Research / FT]

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Malaysia’s IHH, Temasek eye majority stake in Medanta

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06-Feb-18 Malaysia’s IHH Healthcare and Singapore investor Temasek Holding are in separate discussions to acquire controlling interest in India's Global Health, the parent of Naresh Trehan-founded Medanta hospitals, in a deal valued at around USD900 mn. [image: ET Healthworld]

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India's price cap on cardiac stents stifling innovation

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06-Feb-18 At the National Pharmaceutical Pricing Authority in India, medical device manufacturers and related associations argue that the current price caps have left little room for innovation and patients with few options. [image: ET Healthworld]

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