TCI Industries allots 2,500 redeemable preference shares to ABC India
On private placement basisTCI Industries has allotted 2500 nos. of 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs. 100/- each at a premium of Rs. 300 each on Private Placement basis to ABC India' an entity belonging to the Promoter and Promoter Group of the Company for cash.Powered by Capital Market - Live News
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The Hindu
5 hours ago
- The Hindu
Amazon India launches home diagnostics services in six cities
Completing the trinity of healthcare service offerings, Amazon India on Sunday (June 22, 2025) stated that it is foraying into the diagnostics space with the launch of a new at-home diagnostics service that enables customers to book lab tests, schedule and track appointments, and access digital reports from the Amazon app. Three years back, Amazon entered into the space of delivering online medicines through Amazon Pharmacy. Six months ago, it launched country-wide virtual doctor consultation services through Amazon Clinic for over a hundred-odd health conditions. 'Diagnostics closes the outpatient loop by connecting testing with doctor consultation and medicine delivery, all of which can be accessed through the Amazon app,' Jayaramakrishnan Balasubramanian, Category Leader, told The Hindu. Amazon Diagnostics has partnered with Orange Health Labs, a company launched in 2020-21, to launch the testing services in six cities — Bengaluru, Delhi, Gurgaon, Noida, Mumbai and Hyderabad — across over 450 pin codes, operational from 6 a.m. to 9 p.m., seven days a week. The company claims that while its diagnostic services are being introduced in a limited set of PIN codes to begin with, its online medicine delivery services are its fastest-growing service and are functional in a majority of PIN codes across the country. Customers can book from over 800 diagnostic tests, get doorstep sample collection in under 60 minutes and digital reports in as less as 6 hours, for routine tests. Mr. Balasubramanian said, 'With Amazon Pharmacy, customers get an access to a wide range of prescription medications and healthcare essentials, along with a free telemedicine consultation service and delivery benefits for Prime and non-Prime members.' He further added, 'Amazon Clinic enables customers to consult licensed doctors for a range of primary healthcare needs through a seamless digital experience.' 'The addition of Diagnostics brings lab testing into the same continuum of care. With all three services now integrated, a connected outpatient journey, from consultation to testing is offered in the single interface on Amazon Medical in a full stack health model,' Mr. Balasubramanian said. Even with established health care players like Tata-1MG and Pharmeasy in online pharmacy market and Practo in online doctor consultation space, Amazon Medical has stated that the opportunity space is very high. Mr. Balasubramanian told The Hindu, 'The market is largely fragmented. There are several established players however it not about speed but about how your ecosystem is built.' Amazon Medical refused to comment on the nature of investment that has been infused into building the full stack health services including Pharmacy, Clinic and Diagnostic verticals. Mr. Balasubramanian stated, 'For Pharmacy, we get lot of orders even from Tier two and three towns. We work with multiple accredited sellers having over twenty-five warehouses and licensed pharmacies. When the order is received, the seller ships it, and Amazon delivers it to customer.' He explained that order fulfilment is handled by licensed sellers with strong compliance and delivery coverage across the country. 'Same-day delivery available in 23 cities and standard delivery in others areas. Prescription and chronic medications, wellness products, medical devices all available. Auto-refill and subscription options for long-term conditions with discounts up to 25% on select categories, with additional savings for Prime members are available,' Mr. Balasubramanian added. As far as Amazon Clinic goes, consultations since launch have ranged into 'thousands' and start at ₹299 with licensed doctors across various specialisations such as general physicians, dermatologists, gynaecologists, paediatricians, and so on. 'Average end-to-end consultation time ranges for about 13 minutes with a free 7-day follow-up support for every consultation,' Mr. Balasubramanian said. Amazon Medical is in for a long haul in the healthcare services business in India, the company has said. 'Growth in healthcare services is measured in multi-decadal manner. It's not a limited scope run way,' Mr. Balasubramanian said.
Time of India
9 hours ago
- Time of India
Amazon India expands Pharmacy service, launches at-home Diagnostics: Cities lab tests service is available in and more
Amazon India has unveiled Amazon Diagnostics , a new at-home healthcare service enabling customers to book lab tests, schedule appointments, and access digital reports seamlessly through the Amazon app. The service is offered in partnership with Orange Health Labs and is available across over 450 PIN codes in Bengaluru, Delhi, Gurgaon, Noida, Mumbai, and Hyderabad. Amazon Diagnostics integrates with the company's existing Amazon Medical portfolio, which includes Amazon Pharmacy and Amazon Clinic. 'Amazon Diagnostics builds on the foundation of Amazon Medical, offering customers access to essential diagnostic services with the same ease and reliability they expect from Amazon,' an Amazon India spokesperson said in a statement. By combining diagnostics with pharmacy and clinic services, we aim to simplify healthcare delivery for millions.' Amazon Diagnostics Service Details and Features by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Russian Federation: Unsold Sofas at Bargain Prices (View Current Prices) Sofas | Search Ads Search Now Undo Amazon Diagnostics service offers over 800 diagnostic tests, ranging from routine health checkups to specialized lab tests such as Complete Blood Count (CBC) and Platelet Count. Customers can schedule doorstep sample collection, available daily from 6 AM to 9 PM, with Orange Health Labs promising sample pickup within 60 minutes of booking in select areas. Test results are delivered digitally via the Amazon app. Amazon Pharmacy, part of Amazon Medical, provides access to a wide range of prescription medications and healthcare essentials, said to be complemented by free telemedicine consultations and delivery benefits for both Prime and non-Prime members. Amazon Clinic, meanwhile, enables virtual consultations with licensed doctors for primary healthcare needs, such as common ailments and chronic condition management. How to access Amazon Diagnostics services Amazon Diagnostics is accessible exclusively through the Amazon India app, where users can browse tests, book slots, and track their appointments in real time. Amazon takes on Lal Path, Apollo and other Diagnostics services The launch comes amid a surge in demand for at-home healthcare services in India, driven by increasing health awareness and the convenience of digital solutions. Amazon Diagnostics enters a competitive market, rivaling established players like 1mg, Netmeds, and Apollo 24|7, which also offer similar diagnostic and pharmacy services. However, Amazon's vast logistics network and integration with its app ecosystem could give it a significant edge in scaling the service nationwide. Industry analysts suggest Amazon's entry into diagnostics could disrupt the market by leveraging its Prime membership base and delivery infrastructure. 'Amazon's ability to combine diagnostics, pharmacy, and telehealth under one platform positions it as a formidable player in India's healthcare space,' said Priya Sharma, a healthcare technology analyst based in Delhi. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India.com
13 hours ago
- India.com
Not US, NATO, Israel, G7, BRICS, or EU; Iran is most scared of THIS group due to..., the group consists...
(File) Israel-Iran war: Iran has shown unprecedented resilience despite being pummeled by US-backed Israel, and now the US itself, in the ongoing Israel-Iran war. Tehran has proven it does not fear any country or grouping, including the United States, Israel, G7, European Union, or NATO. However, there is one important grouping that impacts Iran's decisions, at least to some extent, the OPEC+, which includes Iran and 22 other crude oil-producing nations, most of them located in the Middle East. According to estimates, OPEC+ produces more than half of the world's total oil crude oil, with Iran being one of the largest oil-producing countries in the group. What is OPEC+ and how it influences Iran? Unlike the EU, NATO, BRICS, or G7, OPEC+ is not political, diplomatic or military alliance, but an economic grouping of major oil-producing nations, especially the oil-rich Gulf states of the Middle East. OPEC+ produces more than half of the world's crude oil, and essentially controls global oil prices, making it a powerful entity that can put pressure on nations by weaponizing oil prices. Saudi Arabia, Iran, and the United Arab Emirates (UAE), are the arguably the most influential countries in the OPEC+. Other oil-producing nations which are part of the group include Iraq, Kuwait, Venezuela, Nigeria, Libya, Algeria, Equatorial Guinea, Republic of Congo, Gabon, Azerbaijan, Bahrain, Brunei, Kazakhstan, Mexico, Malaysia, South Sudan, Sudan and Oman. All these nations have vast reserves of oil and natural gas worth billions, if not trillions of dollars, and oil-production is a major contributor to their economies. How much oil is produced by Iran? Iran's daily oil production was an estimated 2.5 million barrels in March 2023, but this has increased to 3.3 million barrels, as per a recent Reuters report. More importantly, Iran controls the Strait of Hormuz, through which more than half of the global supply of oil is shipped. Iran can trigger a global crisis if it decides to blockade this strategic shipping lane. Can the OPEC+ stop the Israel-Iran war? While Iran is not 'scared' of any country or alliance, the OPEC+ countries, most of whom have assured their tacit support to Tehran in the Israel-Iran war, hold some influence on the decisions made by the Islamic Republic. Experts believe Iran would not brush aside any mediation efforts or advice, and can play a key role in resolving the ongoing Israel-Iran conflict. Among non-OPEC countries, Iran also has the support of Russia, China, and Pakistan in the current conflict. Recently, Russian President Vladimir Putin told OPEC+ that the Israel-Iran is the major reason behind rising crude oil prices, while Iraq's Deputy PM warned that crude oil price would soon breach $200 per barrel if the war continues. The OPEC+ is not a diplomatic or political grouping, but has some power to act as a mediator to help de-escalate the current tensions between Iran and Israel. Putin recently talked about mediating between the two enemy nations, while several other countries have also made similar statements.
