Chinese electronics and automobile companies operating in India are increasingly relying on cash reserves or loans to fund their expansion efforts, as government approvals for equity funding from their parent firms face…
Month: December 2024
Asia-Pacific maritime satellite market to reach $3.65B by 2033
The Asia-Pacific maritime satellite market is estimated to reach $3.65 billion by 2033 from $1.38 billion in 2023, growing at a CAGR of 10.19% during the forecast period 2023-2033, according to Research…
Iran lifts ban on WhatsApp and Google Play
Iranian authorities have lifted a ban on Meta’s instant messaging platform WhatsApp and Google Play as a first step to scale back internet restrictions, Iranian state media reported on Tuesday. The Islamic…
HealthQuest Capital invests in Royal Health
Royal Health Inc announced the successful close of a minority investment, led by HealthQuest Capital, a leading growth capital firm focused on investing in transformative healthcare companies. Although the funding amount remains…
FDA issues alert over Olympus endoscope component
The FDA is aware that Olympus has issued a letter to affected health care providers recommending the forceps/irrigation plug accessory to certain endoscopes be removed from use related to a potentially high-risk…
NCDRC holds Fortis Hospital doctors responsible for medical negligence
The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra in an appeal by Fortis Hospital held that expert evidence in medical negligence cases should be judged on a case by…
India’s private hospital sector clocked single-digit growth in ARPOB in 2024
India’s private hospital sector in 2024 clocked single digit growth in average revenue per occupied bed (ARPOB), helped by improved operations and advanced medical treatment. Apollo Hospitals and Fortis Healthcare reported strong…
Musk’s SpaceX, Amazon in talks with British Airways owner on wi-fi deal
British Airways owner IAG SA is in discussions with Elon Musk’s Starlink to outfit its jet fleet with Wi-Fi service, reflecting the increasing inroads SpaceX’s satellite internet business is making with major…
Voneus £12m broadband contract terminated
A broadband company has agreed to terminate a £12m government contract to connect up some rural areas of Shropshire. Voneus won the Project Gigabit contract for mid west Shropshire – serving more…
Manish Kalra moves on from ZEE5
Manish Kalra, Chief Business Officer, Zee5, has called it quits to pursue other opportunities. Kalra quit his role of handling Zee5’s business across markets, ending an almost five-year stint at the OTT…