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Reliance buys majority stake in online pharmacy Netmeds for $83 million

The oil-to-telecoms conglomerate said late on Tuesday its investment represents about 60% holding in Vitalic Health Pvt. Ltd. and 100% direct ownership of its subsidiaries.

Vitalic and its subsidiaries, collectively known as Netmeds, were incorporated in 2015. Netmeds is a licensed e-pharma portal that offers authenticated prescription and over the counter (OTC) medicine along with other health products in India.(REUTERS)
Published on Aug 19, 2020 09:49 AM IST
Bengaluru | ByReuters

Covid-19: Ludhiana faces shortage of medicines

Crisis: Most govt hospitals run out of supplies; ‘delivery boys being harassed by cops’

People queue up to buy medicines at Dayanand Medical College and Hospital in Ludhiana on Thursday.(HT PHOTO)
Updated on Mar 26, 2020 11:06 PM IST
Hindustan Times, Chandigarh | ByMohit Khanna, Ludhiana

Beijing drug store fined $434,530 for hiking price of masks amid coronavirus outbreak

Jimin Kangtai raised the price of 3M brand masks to 850 yuan per box, while the price of the same type of masks sold online was 143 yuan per box, state television said.

A drug store in Beijing will be fined 3 million yuan ($434,530) for hiking the price of face masks by almost six times the online price(REUTERS)
Updated on Jan 29, 2020 08:43 AM IST
Beijing | ByReuters

Affordable drug stores to be set up across the country

The government’s flagship programme promoting the use of generic drugs, Jan Aushadhi, will reach all the districts in India by mid-August. The generic drug stores have already opened in 612 of the 717 district in India under the Pradhan Mantri Bharatiya Jan Aushadhi Pariyojna (PMBJP).

Jan Aushadhi stores sell more than 900 medicines and 150 surgical items at discounted prices, sometimes as cheap as 20-30% of the market rate, and have saved people <span class='webrupee'>₹</span>450 crore in the last two years.(HT/File Photo)
Updated on Jul 28, 2018 11:36 PM IST
HT Correspondent, New Delhi | By

Rajasthan RSS worker immolates himself shouting ‘save the country’, dies in Delhi hospital

The man has left behind a four-page suicide note.

The victim owned a drug store.(Getty Images/iStockphoto/ Representative image)
Updated on Apr 09, 2018 10:15 PM IST
Hindustan Times, Jaipur | By, Jaipur
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