Category: Business & Economy

** Ajman: Thumbay Hospital crosses 4 million patient visits from 175 nationalities

Thumbay Hospital, the first academic hospital established by Thumbay Group under its healthcare division, celebrated with joy of crossing treatment of 4 million patient visits from 175 nationalities, Dr Thumbay Moideen, founder president said, “It was a great achievement by our team of healthcare professionals who have put all their efforts to serve the community. We are grateful to Almighty and thank the government and rulers of Ajman for all the support given.”

** Mangaluru: Rambutan fruit farming proves to be more profitable than arecanut, rubber

Progressive farmer Krishna Shetty of Kadaba taluk of the district took a bold step under these circumstances and started growing Rambutan fruit.

He planted 500 saplings of the fruit during the first lock down and has got overwhelming yield during the second lock down.

He has got a whopping seven tonnes of yield in just one and a half years and expects to get around eight to 10 tonnes this year.

** Lunar Exports donates medical kits in Mysuru

As part of the CII Mysuru Covid initiative, Bastian Joseph, managing director of Lunar Exports (Walkmate), handed over 4,000 medical kits, worth Rs 10 lakh, for the home isolation Covid patients in Mysuru to Shilpa Nag, commissioner, Mysuru City Corporation, last week

** Add Engg signs MoU with UAE firm

Add Engineering Gmbh, the parent company of ADD Engineering (India) Private Limited,  has signed an MoU with the UAE-based defence sector EDGE Group PUSC to share crucial technology to enhance production and improve efficiency of maintenance, repair and overhaul (MRO) in the defence aviation sector.

The agreement, which will be in effect for two years, was signed by Norbert Kreller, Verner Greksa, Alexander Locktev and Girish Linganna for ADD Engg, while Mohammed Al Rasheed and others signed it on behalf of EDGE.EDGE is a private firm based in Abu Dhabi, and operates in investment services, aerospace and defence sector.

** Bharat Biotech bypasses red tape, gets KSPCB nod for Covaxin production

Bharat Biotech on Thursday got approval from the Karnataka State Pollution Control Board (KSPCB) to start production of Covaxin at the existing Bharat Biovet unit in Malur, near Bengaluru

** BEML manufacturing medical oxygen units

In a bid to mitigate the oxygen shortage in the country, defence PSU major BEML has started manufacturing 960 LMP medical oxygen units at its KGF complex.

The units have been set up under a transfer of technology agreement with Defence Bio Engineering and Electro Medical Laboratory under the DRDO.

** Manipal Hospitals acquires Vikram Hospital for ₹350 crore

Manipal Hospitals, the second largest hospital chain in India, entered into a definitive agreement with private equity firm Multiples to acquire 100% stake in Bengaluru-based multi-specialty hospital Vikram Hospital for a consideration of ₹350 crore.

In April this year, Manipal Hospitals had acquired Columbia Asia Hospitals for ₹2,100 crore.

** CHD Group donates 45 oxygen concentrators to BBMP

CHD Group, India country office headquartered at Mangaluru, worked with logistics partner Les Concierges, Bengaluru, and donated 45 oxygen concentrators to Bruhat Bengaluru Mahanagara Palike (BBMP).

BBMP Commissioner Gaurav Gupta, received oxygen concentrators and appreciated the philanthropic work of CHD Group in the management of the COVID-19 pandemic.

CHD Group also donated five oxygen concentrators to St Johns Medical College Hospital in Bengaluru, to support extended rural outreach, said a press release.