Healthcare Business

The industrial giant also sought bankruptcy protection for its unit that makes earplugs for the U.S. military, hoping to draw a line under litigations that have weighed on its shares this year.

Apollo Hospitals to raise up to Rs 750 cr to fund expansion

Apollo Hospitals Enterprise will raise up to Rs 750 crore to fund expansion of its healthcare business in the next few months.

FIL Capital to invest in Cipla's consumer healthcare biz

Drug major Cipla on Tuesday said its board has approved a potential investment by FIL Capital Investments (Mauritius) II Ltd in its consumer healthcare business.

Mylan to acquire women's healthcare biz of Famy Care

The specialty women's healthcare company‘s sales is estimated at Rs 400 crore. The acquisition is expected to close in the second half of calendar year 2015.

Mitsui, Carlyle place bids for Quality Healthcare: Sources

Japan's Mitsui & Co and US private equity firm Carlyle Group have submitted preliminary bids for Quality Healthcare Medical Services, which is being sold by India's Fortis Healthcare.

Thomson Reuters suspends sale of healthcare unit

News and information provider Thomson Reuters Corp said it has pulled the sale of its healthcare business, as tough economic conditions made it difficult to fetch a good enough price.

Not in talks for buying Thomson Reuters unit: Infosys

Infosys Ltd, India's second-largest software services exporter, said on Thursday it is not in talks to acquire the healthcare business of Thomson Reuters Corp.