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New Delhi [India], Feb. 21 : India's first healthcare education and training company, Vivo Healthcare is eyeing major expansion across India, South Asia and the Middle East, following fresh strategic funding from Netherlands-based ICCO Investments.

As a global development organisation, ICCO will support Vivo's plans to expand into various emerging markets which have a need for training large numbers of healthcare workers.

This round of investment by Capital 4 Development (A Fund managed by ICCO Investments) follows an earlier investment by Springboard Ventures, a unit of Bennett, Coleman & Co Ltd. This is also a first such investment by a leading capital organisation into a healthcare training company in India.

New Delhi [India], Feb. 21 : Siemens Limited and Siemens Rail Automation Ltd. S.A.U Spain have jointly won an order worth Rs. 287 crore to supply state-of-the-art signaling technology for the first two metro lines of the Nagpur Metro, the North-South and the East-West Corridors.

The order received by the companies has Rs. 146 crore as Siemens Limited's share.

The project comprises the deployment and installation of the Siemens communications-based train control (CBTC) solution Trainguard MT for 38.2 kilometers of double track with 36 stations and two depots, as well as onboard equipment for 23 three-car trains.

New Delhi [India], Feb. 21 : The most anticipated Goods and Services Tax (GST) bill, which is most likely to be a game-changer in terms of cost cutting will provide leverage to implement cost cutting mechanisms, thus paving way for consumers to avail Gensets at lower costs, said Sanjeev Nimkar, Vice President, Business Head Kirloskar Oil Engines Ltd., at the launch of their new range of High Horsepower (HHP) Gensets.

"Rather than the Union Budget 2017-18, we are looking forward to GST, as we believe it will help in increasing accessibility of our products to consumers at lower cost," said Sanjeev Nimkar in an interview to ANI here today.

New Delhi [India], Feb. 21 : After relentless debates have been underway discussing the impact of demonetisation, HDFC Bank Chairman Deepak Parekh on Tuesday stated that it is high time this discussion ended, while casting his vote in Mumbai today in the BMC polls.

Speaking to ANI outside the polling booth, Parekh revealed that demonetisation is a beneficial initiative and will have a positive outcome on the economy in the long run. "Demonetisation is just one out of the Government's many plans drafted towards the development of this country. It was necessary to eradicate black money and has come at the right stage in our country's economic growth," revealed Parekh.

New Delhi [India], Feb. 21 : Known for its diverse publishing programmes across different disciplines, Oxford University Press (OUP) introduced its medical publishing programme to India.

OUP's Medicine and Health publishing programme strives to provide excellent content, authored by experts across the globe and mapped to the requirements of the medical fraternity in the region.

The content made available to readers is a blend of thoroughly researched and developed concepts that have undergone in-depth peer reviews for ensuring quality scholarship.

New Delhi [India], Feb. 21 : Excelity Global, India's largest provider of payroll administration, benefits and human capital management, announced its collaboration with Fortis Healthcare, on Monday.

"We take pride that Fortis has chosen Excelity as its partner of choice to manage their payroll and benefits operations. Organisations today are looking to streamline their payroll and benefits administration process while gaining process efficiencies and Excelity has been instrumental in doing this on a continuous basis," said Sumit Sabharwal, CEO (Managed Services), Excelity Global.

As part of this strategic engagement, Excelity will leverage its HR outsourcing experience to manage payroll and benefits for over 22,000 colleagues within Fortis Healthcare and other group companies.