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Healthcare led by Azad Moopen have initiated stake-sale talks with private equity groups such as Blackstone and KKR among others, said people aware of the matter. The promoters may even be open to selling a controlling stake in their India-listed hospital chain to capitalise on the ongoing sectoral consolidation, the people said. Aster Healthcare operates 32 hospitals, 127 clinics, 521 pharmacies, 16 laboratories and 189 patient experience centres in seven countries in West Asia and India.

Arokiaswamy Velumani — the founder of diagnostic chain Thyrocare, which was acquired by PharmEasy in 2021 — had secured anti-dilution rights ahead of his investment of Rs 1,500 crore in the online pharmacy, people aware of the investment terms said. This will ensure he is allotted new shares to compensate for the massive erosion in the current value of his holding in the company, they added, as PharmEasy looks to raise fresh capital through a rights issue at a 90% discount to its peak valuation, as reported by ET first on Wednesday.

Paytm is back to offering cashbacks. This time, the money is being dangled before merchants, not consumers. And the strategy is proving to be quite a success, just as it did for consumer payments.

Prashant Jhaveri, chief executive of Flipkart’s online pharmacy Flipkart Health+, is leaving the firm after having joined just over a year ago, people aware of the matter said. Jhaveri, who was earlier chief business officer (CBO) at Apollo Health, will be replaced by internal candidate Kanchan Mishra, the sources added. Mishra, who was looking at the FMCG, home and general merchandise business for the Walmart-owned etailer, will take over the role of CBO of Flipkart Health+, a spokesperson for the company confirmed to ET.

Flipkart employees will finally receive a one-time cash payout from a $700-million employee stock option (Esop) buyback that the ecommerce major is facilitating as part of its separation from payments firm PhonePe this month, people aware of the matter told ET. “The payouts to employees will be made by July 31… We made this communication to our employees previously,” a Flipkart spokesperson told ET over email without sharing further details. Eligible former and current employees will receive $43.67, or about Rs 3,615 for each unit of Esop they hold in Flipkart as compensation for the loss of PhonePe’s value in the stock option as a result of its separation, the company had said in a recent internal note.

alliance (under MVA government) as one of the primary reasons behind his rebellion. And as Shiv Sena (UBT) leaders take potshots at the ruling faction, senior members of the Shinde faction have rushed to put out fires.  "The scope of ministerial aspirants from BJP and Shiv Sena minimised after NCP joined the government. This has upset some MLAs.

Digital Competition Law, constituted to examine the need for a separate fair trade law for the digital markets, is set to get more time to prepare its report, given the complexity of issues involved in the fast-evolving digital landscape, people aware of the development said. The panel under corporate affairs secretary Manoj Govil, set up on February 6, was initially granted three months to submit its report.

G20 to suggest a reforms blueprint for multilateral development banks (MDBs) has recommended enhancing their sustainable level of own-account non-concessional finance to $300 billion annually by 2030 among several other measures to make them more impactful. The concessional finance target is pegged at $90 billion annually.

New Delhi: For the first time, Indian medical colleges will get government ratings based on the quality of education they are offering to the students. To initiate this, the country’s apex medical education regulator— the National Medical Commission—has tied up with Quality Council of India (QCI) and will start the rating assessment from the next session.

Soaring daily temperatures, wildfires in Canada, inexplicably hot ocean currents—our worries around climate change have intensified. There is another fear out there this year, though mixed with frenzied excitement: the worry of whether we have created a Frankenstein’s monster in the quest for artificial intelligence (AI). My fears, however, are not as much about an AI agent becoming more intelligent than us, as two things more fundamental and immediate.

artificial intelligence poses many questions that have no answers yet, the United Nations admitted Thursday at its AI summit, attended by some exceptionally life-like humanoid robots. The UN is aware that AI technology is racing ahead of the capacity to set its boundaries and directions, and so it brought together some of the best minds on the topic — whether human or man-made. The «AI for Good Global Summit», in Geneva on Thursday and Friday is being convened by the UN's ITU tech agency — and many unaware attendees were startled by the humanoid robots suddenly turning to look at them as they passed by.

BCC is essential. CC, short for «carbon copy,» allows you to add secondary recipients to an email chain. It is commonly used to keep team members informed, facilitate introductions, and add authority to a message. On the other hand, BCC, meaning "blind carbon copy," is used to include recipients without their knowledge. It helps respect privacy, personalize mass emails, and send notifications without requiring individual responses.

Navy in Ladakh, Navy Chief Admiral R Hari Kumar on Thursday said the Navy presently has only seven people from Ladakh in its ranks at present but wants that it should at least 700 of them. The Indian Navy has started an outreach program in the Union Territory Ladakh to get more recruits from this area in the Indian Navy for which the Navy chief reached here after a 14-hour road drive. The Navy at present has only 7 members from Ladakh including 6 sailors & 1 officer.

Companies across industries are focused on improving their environmental, social and governance practices, and with good reason. In addition to having the desire to do good for its own sake, businesses are very aware that more and more investors are taking a company’s ESG standards and practices into account when making investment decisions.

Mumbai: Adani Green Energy Ltd (AGEL), on Tuesday, said the renewables energy firm is planning to raise up to Rs. 12,300 crore.  Following a board meeting, the company said it will raise the capital via qualified institutional placement (QIP) or any other eligible securities, according to an exchange filing.  The amount of funds to be raised will be subject to regulatory and statutory approvals, as well as the approval of AGEL's shareholders by way of postal ballot process, said the filing.  Following the announcement, shares of Adani Green rose as much as 2.6% to ₹972.9 apiece on an intraday basis before ending at ₹958 apiece.   Adani Green has a market capitalization of ₹1.52 trillion but, over the past year, the company’s stock has lost 50%, even though the broader market index Nifty 50 gained at least 22%.  On 23 May, Mint first reported that Adani Green Energy Ltd is in talks with global fund managers to raise ₹5,000-6,000 crore as India’s largest renewables company revives its capex plans four months after the Hindenburg setback.  The fund raising will include sale of new shares, as well as promoter shares worth 3-4% held by Adani family entities including group founder Gautam S.

The Pepe Coin price has risen by 4% in the past 24 hours, jumping to $0.00000173 amid a market-wide rally today.

symbol of love. It is considered one of the purest forms of love and affection. With respect to this purest form of love, International Kissing Day which originated in the UK is now celebrated on July 6 worldwide. International Kissing Day emphasizes its significance in showing the importance of love and how important it is to show faith, care, affection, and love through sweet gestures to your loved ones. A simple kiss on the forehead shows respect whereas a warm kiss on the cheeks shows the bond of love.

University Grants Commission (UGC) to specify steps it has taken and proposed to take, to provide non-discriminatory, enabling environment for the students belonging to Scheduled Castes and Schedule Tribes in institutions of higher learning, terming it a «very serious issue». A bench of Justices AS Bopanna and MM Sundresh asked the UGC to furnish the details of steps taken on a plea by the mothers of Rohith Vemula and Payal Tadvi, who had allegedly died by suicide following alleged caste-based discrimination in their educational institutions. While Vemula, a dalit Ph.D scholar at Hyderabad Central University, had ended his life on January 17, 2016, Tadvi, a tribal student at TN Topiwala National Medical College, Mumbai, took the extreme step on May 22, 2019 due to alleged caste-based discrimination by three doctors of her institution.

Even though a fear of the unknown triggers thoughts and conversations around insurance, eventually it is a push from friends and family that leads one towards serious purchase consideration. A little later in the purchase journey, while potential consumers turn to online channels for research and comparison, a high preference for purchasing from human agents continues to be visible across categories, according to a consumer insights report by Policybazaar.com.

More people are aware of adult ADHD, often thanks to videos and posts about it that they see on TikTok and Instagram. Doctors say that’s helped more people get treatment, but not everyone who feels distracted has ADHD. At St.

finance ministry in its annual report has said that expert services is the major contributor to the job creation in the formal sector. Citing EPFO or Employees Provident Fund Organisation data, the report said that expert service sector (consisting of manpower suppliers, normal contractors, and security services, among others) contributed 51% to formal job creation in FY23.