Healthcare Financial News

Venture capital firm Celesta Capital plans to add another 15-25 entities to its India portfolio over the next 3-5 years, even as startups in India have been caught in a funding winter. “There is no slowing down or pulling back,” managing partner Arun Kumar told ET.

Brigade Enterprises has concluded the acquisition of a 9.72-acre land parcel in Hyderabad, with the transaction valued at about '660 crore. The acquisition came in the backdrop of an agreement made in August, when the company agreed to purchase the land in Neopolis area at a rate of '68 crore per acre through an e-auction conducted by the Hyderabad Metropolitan Development Authority.

(Corrects typo in Delta spelling in airlines paragraph)

Sectorally, buying was seen in healthcare and auto stocks while power, banks, the public sector, and utilities sectors saw some selling pressure. Stocks that were in focus on Wednesday include names like IRB Infrastructure (which was up more than 6%), Triveni Engineering (which gained more than 3% to hit an all-time high), and Suzlon Energy (Which rose nearly 5%). We have collated a list of these three stocks as they have either hit a fresh 52-week high, or an all-time high or saw a volume or price breakout. We spoke to analyst Hariprasad Kizhakkethara on how one should look at these stocks the next trading day entirely from an educational point of view: Here’s what Kizhakkethara, SEBI Registered RA (INH200009351), Director of Livelong Wealth has to say: IRB Infrastructure On Wednesday, the stock went up to 6.5% in a single day.

Zensar Technologies, a mid-sized IT services company and part of the RPG Enterprise Group, dropped 5.6% to ₹519.25 apiece during Wednesday's trade after the company posted its Q2 FY24 earnings. The company posted a consolidated net profit of ₹174 crore, a 205% surge compared to ₹57 crore posted in Q2 FY23. On a QoQ basis, net profit showed an 11.53% increase, while revenue growth remained relatively flat, with a slight YoY uptick of 0.5% and a QoQ increase of 1.1% to reach ₹1,240 crore.

50-day SMA, is a critical tool that provides valuable insights into a stock's short-term performance. On Tuesday, October 17, several largecap stocks in the Indian market displayed significant moves by crossing their 50-day SMA, signaling potential changes in their stock trends. Let's explore the performance of these stocks. (Data Source: StockEdge) 1. ICICI Lombard General Insurance Company ICICI Lombard is a prominent name in India's insurance sector, offering a wide range of insurance products.

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Cyber Safety: Includes infrastructure, response capacity, and legal measures. Economic Safety: Encompasses tourism attractiveness, English language proficiency, cost of living, and healthcare.

₹214.8 apiece. This significant increase was attributed to a media report stating that CK Birla had approached Gautam Adani to sell his promoter stake in the company. The Economic Times, quoting sources, reported that CK Birla reached out to Gautam Adani after turning down initial offers from other domestic players that did not meet his valuation requirements.

Tyro chief executive Jon Davey says the payment provider’s new strategy will restore market confidence in the business after a drawn-out and, ultimately, doomedprivate equity takeover fight led to a plunge in its share price earlier this year.

health insurance plan. On the whole, it has also contributed to the lessening of stigma around specific body and health issues, albeit in certain privileged circles.

₹450-500 crore through the issue. The company had received the markets regulator's nod to float the issue but did not go ahead with the launch. According to the DRHP, the IPO comprises a fresh issue of equity shares aggregating to ₹40 crore, and an offer for sale of up to 2.6 crore equity shares by BanyanTree Growth Capital II, LLC, a Mauritius-based structured private equity.

Johnson & Johnson (NYSE:JNJ) beat on the top and bottom line in the third quarter and raised its guidance for the full year on both as well. Shares gained 1.5% immediately following the strong results.

Elda Health announced the launch of the #AbhiToUmarHai campaign. The company intends to redefine the narrative by empowering women to welcome menopause as the next best chapter of their lives. Women leaders and influencers including Kirthiga Reddy, Suparna Mitra, Anjali Bansal and Premlata Agrawal are supporting the campaign that marks World Menopause Day.

Promoting women’s empowerment is a crucial aspect of India’s socio-economic development. The government and numerous organizations are implementing initiatives to enhance the situation by implementing policies for social reforms and creating employment prospects.

(Reuters) — About 3,700 Detroit casino workers are set to strike on Tuesday noon, if a contract deal is not reached, the Detroit Casino Council (DCC) said on Monday.

California Gov. Gavin Newsom has signed a law to raise the minimum wage for health care workers

Rite Aid Corporation (NYSE:RAD) said it has reached an agreement in principle with some senior secured noteholders on terms of a financial restructuring plan.

Soaring energy costs have focused the minds of the nation’s captains of industry on the urgent need to decarbonise their bricks-and-mortar empires, new research has revealed.

By Dietrich Knauth and Nate Raymond

By Anirban Sen