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India's Metropolis Healthcare plans INR100 crore expansion

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18-Feb-18 Diagnostic chain Metropolis Healthcare announced a INR100 crore (USD15 mn) plan to open 30 labs and 700 collection centres in India and Sri Lanka. The chain has 2,000 collection centres and 150 labs across India, Sri Lanka, Kenya, Mauritius and Ghana. [image: ET Healthworld]

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Samsung to set up 15 Smart Healthcare centres in Tamil Nadu

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18-Feb-18 Korea's Samsung has partnered with the Government of Tamil Nadu in India to set up 15 Smart Healthcare centres. Under the initiative, Samsung will provide advanced healthcare equipment like digital ultrasound and x-ray machines to select government hospitals. [image: ET Healthworld]

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WhatsApp digital payment service goes live in India

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12-Feb-18 WhatsApp has launched its digital payment service, with India the first country able to access the new function. In India, the payment platform will be geared toward very small businesses employing less than 10 people. [image: Daily Trust]

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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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