Diagnostics News

Markets

Krsnaa Diagnostics share price cracks over 10% after Rajasthan NHM cancels contract; check details

Krsnaa Diagnostics shares fell over 10% after the Rajasthan government terminated a tender to supply lab services under the National Health Mission (NHM).

1 min read20 Jul 2023
Specials

Popular thyroid drug under a shadow for quality standards

Abbott says sample tested by Telangana drug controller “has been confirmed to be counterfeit”

2 min read4 Jul 2022
Markets

Krsnaa files draft papers for IPO

Krsnaa Diagnostics Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO)

1 min read16 May 2021
Markets

Diagnostic  stocks’  jump  due to covid testing may  be  faced  with headwinds

The current rally in stocks has been too sharp, driving valuations considerably higher than comfort zones

2 min read8 Oct 2020
Science

WHO endorses tests by ICMR, 2 others for TB diagnosis, drug resistance detection

The names of the tests endorsed by WHO are- Truenat MTB, Truenat MTB Plus and Truenat MTB-RIFAllthree tests run on the portable, battery-operated Truenat device and provide results in less than an hour

2 min read3 Jul 2020
Companies

Fortis facilitating PE stake sales in SRL Diagnostics

Fortis, which owns 57% stake in SRL Diagnostics, is in the process of hiring Kotak Mahindra Bank to manage the stake salesOne of the key parts of the IHH-Fortis deal was to provide exits to private equity investors in SRL Diagnostics

2 min read26 Mar 2019
Companies

Everstone buys stake in CPC Diagnostics

Everlife invests in manufacturers and distributors in segments such as in-vitro diagnosticsThe deal will help Everlife include core in-vitro diagnostics segments in its portfolio of medical devices

1 min read14 Mar 2019
Companies

Fortis Healthcare begins revamp of SRL Diagnostics board

Fortis Healthcare is in the process of recasting the board of SRL Diagnostics, having removed directors affiliated to Fortis founder Malvinder Singh, who has been accused of misusing company funds

1 min read29 Jun 2018
Companies

Munjal-Burman may choose rights offer for Fortis over SRL Diagnostics sale

According to the terms set by Fortis Healthcare's board, the acquirer has to pay Rs4,600 crore to buy RHT Holdings and also buy out private equity investors in SRL Diagnostics

2 min read21 May 2018
Companies

Manipal further sweetens offer to acquire Fortis hospitals

Meanwhile, Sunil Munjal of Hero Enterprise and Anand Burman of Dabur are planning to do an open offer to facilitate the smooth exit of small investors from Fortis Healthcare

3 min read15 May 2018
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