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Crisis management, cyber resilience, and handling emergencies have taken centre stage, prompting corporates to take pre-emptive actions to deal with them, a PwC India survey said. According to India's Crisis and Resilience Survey 2023, the looming spectre of unpredictable events, alongside escalating cyber threats like ransomware, has nudged 96 per cent of businesses to elevate their cyber resilience blueprints. Moreover, 97 per cent of organisations are poised to significantly invest in crisis management, viewing unforeseeable events as tangible risks, it added. «The survey indicates that crisis management, cyber resilience, and emergency management are taking the centre stage,» it said. PwC India said 112 organisations from diverse industries, such as telecommunications, industrial products and manufacturing, financial services, banking and capital markets, automotive, education, healthcare, and pharmaceuticals, were surveyed. «The continuous and relentless waves of changes have pushed corporates, especially in India, to recognise and act upon the pressing need for strategic resilience,» the study said. With disruptions on the rise from 80 per cent in 2019 to 98 per cent in 2023, organisations have made resilience a strategic organisational priority, the survey said. «The numbers from the 2023 survey aren't just statistics — they're a reflection of the urgent shift in mindset needed across the board.

Medibank wants you to see the doctor. Street Talk understands the $9.7 billion ASX-listed private health insurance giant is negotiating with Myhealth Medical Group’s largest shareholder, founder James Liang, to buy out his stake.

UnitedHealth Group Incorporated (NYSE:UNH) is primarily owned by approximately 17 institutional investors, collectively holding about 89% of the company's shares. These investors constitute majority stakeholders with a 50% ownership stake, significantly influencing the company's share price. Individual investors often perceive this substantial investment as a vote of confidence in UnitedHealth Group's future prospects.

The national cancer services industry body has collapsed over a disagreement about whether GenesisCare’s self-reported breaches are an industry-wide problem, as the latter’s negotiations with the health department about its bungled billings drag on.

Carlisle Health is scanning for more radiologists. Street Talk understands the healthcare roll-up has agreed terms to add a sizeable bolt-on acquisition to its fast-growing portfolio of radiologist clinics, just five months after it snapped up Exact Radiology.

Gaza Strip, with hospitals on the verge of collapsing. The Israeli embargo has put a burden on hospital facilities by cutting off vital supplies, power, and clean water. Doctors, nurses, and patients find themselves in a harrowing situation, grappling with scarce resources, ingenuity put to the test, and the overwhelming number of casualties. When Israeli bombings escalated following the border incursion by Hamas militants on October 7, the toll on civilians has been devastating.

Rep. Matt Rosendale, R-Mont., joined ‘Cavuto: Coast to Coast’ to discuss the GOP’s ongoing struggles to pass a defense spending bill as a government shutdown looms.

IPOs Next Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments last month, which kept investors engaged with subscriptions and listings. Moving on, the third week of October sees strong market buzz - similarly packed with new listings and initial public offering (IPO) issues, that are available for subscription. ‘’The remarkable volume of IPOs in India, covering a diverse range of sectors and industries, showcases the country's economic resilience and its attractiveness as an investment hub,'' said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt.

Movement Against Anaemia" campaign have emphasised the need for comprehensive and multi-lateral action to curb the high prevalence of anaemia in India. The health movement campaign was jointly launched by the Integrated Health and Wellbeing Council, a health think-tank, and Aishwarya Healthcare, a pharmaceutical firm, on Friday to counter the rise in anaemia in the country and create relevant awareness on the same.

Federal law that prohibits insurers from denying healthcare based on preexisting conditions, or kicking dependents off their parent’s coverage until age 26 is now codified separately into Michigan law

By David Lawder

(Reuters) — Global equity funds registered their fifth weekly outflow in a row in the seven days to Oct. 18 hit by the persistent rise in U.S. bond yields with strong economic data heightening expectations of sustained high interest rates.

₹4,300-4,400 over more than half a decade. However, according to the Economic Survey 2023, out-of-pocket expenses on healthcare by individuals has fallen sharply from 64.2% of all healthcare expenses in 2012-13 to 48.2% in 2018-19, even as the government’s share of total healthcare spending has risen sharply from 28.6% to 40.6% of the total during the same period.

Bajaj Allianz General Insurance, a prominent private general insurance company in India, introduces its enhanced “Health Prime" rider, aimed at complementing and elevating their current health insurance and personal accident policies. This innovative rider revolutionizes the concept of health coverage by presenting a comprehensive range of benefits, providing holistic healthcare solutions to their valued customers.

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The upward trend in life expectancy has been evident for many years and yet still millions of Americans do little to plan for the large chunk of their lives that will live in retirement.

₹329 to ₹346 per equity share of face value of ₹2. The price to earnings ratio of the company is 37.49 at the upper band.

Arnav Pandya, Founder, Moneyeduschool, says “whenever an active fund manager is managing a portfolio, the benchmark is an important component which will come into play. One has to see that within a particular fund how much is the variation the fund manager goes for from the benchmark in trying to earn that extra alpha or generate higher returns.” The five sectors namely are financial services, consumer discretionaries, IT, healthcare and industrials. Talking about the exposure, the highest, 31% in financial services, consumer is 10%, IT 9% and health and industrial almost 6%. A lot of similarity is seen when an active fund manager frames his strategy for a particular fund which resembles the index or a benchmark. Do you think it is a very common practice or that is how it is supposed to be? Whenever an active fund manager is managing a portfolio, the benchmark is an important component which will come into play because while the fund manager is trying to beat the benchmark because of the manner in which each of the funds are categorized by the definition of which has been laid down by the Securities and Exchange Board of India (SEBI) plus the fact that we are likely to have the main holdings, which are also part of the benchmark.

Apollo Hospitals Enterprises Ltd, Fortis Healthcare, Narayana Hrudayalaya, Global Health Ltd (Medanta) , Max Healthcare and others is focus. Better occupancy rates, improving average revenues per operating bed (APROB) are the key reasons which keep analysts positive on better performance by hospitals during Q2.

By Richa Naidu

ASX-listed biotech Microba Life Sciences pressed play on a $20 million equity raise on Thursday morning to fund the acquisition of a UK microbiome company.