apollo pharmacy

Your pension has always been meant for retirement. Now, PFRDA wants to allow you to double it up as a healthcare cushion too.

Amazon.com Inc is considering a nearly $100 million investment in India's pharmacy chain apollo pharmacy, facing up to Reliance Industries Ltd and Tata Group in the country's fast-growing drug market, according to a report. The potential investment would come amid rising competition from Mukesh Ambani's Reliance, which bought a majority stake in online pharmacy Netmeds.

New Delhi, Nov 14 () Apollo Hospitals Enterprise said Wednesday it is divesting its front-end pharmacy business to apollo pharmacy Ltd for a lump sum cash consideration of Rs 527.8 crore as part of a restructuring exercise.

Trouble for Ranbaxy continues. After Jaslok hospital in Mumbai issued an advisory to its doctors to avoid prescribing drugs manufactured by the pharma giant, apollo pharmacy—India’s largest pharmacy chain—followed suit on Friday.

Apollo Hospitals Enterprise Limited (AHEL) informed the bourses that it had reported a 4.6% rise in the net profit for second quarter of FY14 at Rs 87 crore as against Rs 83.24 crore reported in the year ago period.

City-based online retail pharmacy chains have come as saviours for chronic patients waiting for their daily dose of medicines in waterlogged Chennai.

The Business Processing Outsourcing (BPO) staff of both these two retail pharmacy chains located in Hyderabad are taking direct orders from clients looking for essential drugs before passing on the information to their respective local offices for home delivery in Chennai free of cost.

Nearly 6,000 medical stores, including 1,000 wholesale shops, remained shut on Friday to protest the government policy of allowing sales of medicines through online pharmacies.

HDFC Bank ties up with Apollo Hospitals, to finance treatment up to Rs 40 lakh

Cyber crime sleuths arrested four persons, including two Nigerians, for cheating two firms.

Industry bodies said the DPCO reduced prices by an average 20-25%; in some cases, it was as high as 80%.

Competition Commission of India has approved Apollo Hospitals' restructuring plan. The plan involves Apollo Healthco, Keimed, and Apollo Healthtech. It includes demerger and merger of entities. Apollo Healthtech shares will be listed on stock exchanges. CCI also cleared IRB InvIT Fund's acquisition of tollway companies. Rieter's acquisition of Oerlikon Textile also got approval.

In a tragic accident, three apollo pharmacy sales executives died and two others were critically injured when their car collided with a parked lorry on the National Highway in Tuni, Kakinada district. The victims were en route to Visakhapatnam for a sales meeting. Police report the driver failed to notice the parked vehicle near the Government Degree College.

Though online sale of drugs has been banned under Drugs and Cosmetic Rules, 1945, city pharmacy chains are taking advantage of the demonetisation by offering attractive discounts to customers on prescription drugs.

The second Pharmathon Pro was recently held in the city to create awareness on physical fitness, a key to happy and healthy living. Organised by apollo pharmacy, Pharmathon Pro' 22 was participated by companies like Nestle, Danone, Unicharms, and a number of health care professionals at Eco Park, Kolkata.

Apollo Hospitals consolidated profit after tax for the third quarter of FY 13 rose by 22.2% to touch Rs 74.6 crore as against Rs 61 crore during the same period in 2011-12. Consolidated revenues during the third quarter also rose by 22.2% to touch Rs 980.9 crore as compared to Rs 802.9 crore during the third quarter of FY 12.

The one-day nationwide bandh called by the All India Organisation of Chemists and Druggists (AIOCD) against the proposed entry of online pharmacies into the e-commerce market did not have too much of an impact on the city as nearly 350 outlets run by pharma chains such as Apollo and MedPlus remained open.

Masked and armed miscreants barged into a pharmacy and looted Rs 35,000 in cash after aiming a pistol at the manager in Mahanagar on Saturday night.

The Apollo Hospitals Group on Friday posted a profit of Rs 45.8 crore in the third quarter of FY11-a growth of 4% over Rs 43.9 crore in the same quarter in FY10. Revenue stood at Rs 600.9 crore, up by 25% compared to Rs 480.9 crore in Q3 FY10.