Healthcare Financial News

When markets resume trading today, Vedanta, RVNL, Max Healthcare Institute, Allcargo Gati and Affordable Robotic and Automation Limited (ARAPL) will be in focus due to various related developments.

Pankaj Pandey, Head Research, ICICIdirect.com, says a small rally was anticipated, but due to ongoing volatility, there isn't much confidence for a short-covering rally. It may take about a month to gain clarity on tariffs since Trump has paused new tariff actions. Also some tariffs may be imposed on the steel industry. Many of these issues are still developing. However, two sectors in commodities appeal to Pandey. First is cement, where the toughest times seem to be over. The second sector is steel, which is currently at a four-year low. This month, we might hear updates on safeguard duties, which could benefit some steel companies. In auto, while ICICIDirect likes Bajaj Auto, and Eicher and has upgraded Maruti to a buy, M&M is the top pick in this space. What is it looking like so far? We have made two weeks of recovery. Will it sustain? Pankaj Pandey: Overall, the volatility on the global front could persist for some period of time and which is why not much relief is expected on FPI selling. Domestically, earnings have been okay and not really great, but our sense is that in the first half, we have seen earnings of 5%. In the second half, ideally, it should be better at about 8-odd percent. So, full year, we could have about 7% growth.

BorderPlus, cofounded by Upgrad's cofounder Mayank Kumar, has raised $7 million in a funding round led by edtech focused venture capital fund Owl Ventures.

Nutraceuticals, a combination of «nutrition» and «pharmaceuticals,» are products that provide health benefits beyond basic nutrition. These include fortified foods, dietary supplements, and herbal extracts that aim to promote overall well-being and prevent chronic diseases. With increasing health consciousness, changing lifestyles, and a rise in non-communicable diseases, the nutraceutical market in India is witnessing significant growth. The nutraceutical sector is experiencing rapid growth not only in India but globally, driven by increasing global demand for traditional and preventive healthcare.

Melania Trump and the president's daughter Ivanka Trump had promoted USAID's work in developing countries during the first term of the Trump administration, as per a report.

SME IPO of Amwill Healthcare, which opened for subscription on Wednesday, was fully subscribed by the final day of bidding, achieving an overall subscription of 1.68 times as of 11:00 AM. The retail portion of Amwill Healthcare's SME IPO was subscribed 2.41 times, while non-institutional investors subscribed to 81% of their allocated quota. Meanwhile, demand from qualified institutional buyers (QIBs) remained steady at 2.19 times.

Aster DM Healthcare and three other companies will be in focus on Friday as February 10, Monday, has been set as the record date to determine shareholder eligibility for dividend payouts. Investors looking to qualify for these dividends must purchase shares by today to ensure settlement under the T+1 settlement cycle.

Subscribe to enjoy similar stories. Multiples, an alternative asset management company, has acquired a controlling stake in software development company QBurst for around $200 million, marking its largest investment in the technology services space so far.

exit polls that have given an edge to the BJP in the Delhi Assembly polls, senior AAP leader and Rajya Sabha MP Sanjay Singh on Thursday dismissed the projections, calling them «surveys by massage and spa companies». «What can you expect from the exit poll surveys conducted by massage and spa companies? Wait for February 8 and the AAP will form the government with a decisive majority,» Singh told PTI.

The SME IPO of Amwill Healthcare, which opened for subscription on Wednesday, was fully subscribed by the second day of bidding, reaching an overall subscription of 1.15 times as of 11:00 AM. The retail portion saw a subscription of 1.37 times, while non-institutional investors subscribed to 49% of their allocated quota. Meanwhile, qualified institutional buyers (QIBs) showed strong demand, subscribing 2.19 times to the issue.

Kerala Health System Improvement Programme by availing a loan of Rs 2,424.28 crore from the World Bank. The state Cabinet meeting chaired by Chief Minister Pinarayi Vijayan, which granted approval, decided to implement the project under the Programme for Results (P for R) model.

Subscribe to enjoy similar stories. Leading diagnostics chain Metropolis Healthcare is focusing on improving its footprint across key regions by customising its services and offerings for these micro markets, chief executive officer Surendran Chemmenkotil told Mint in an interview on Wednesday. This will likely enhance regional performance and push sales in the near term.

Subscribe to enjoy similar stories. New Delhi: The Centre plans to develop India’s premier hospital—All India Institute of Medical Sciences (AIIMS) Delhi—as a model Ayushman Bharat Digital Mission (ABDM) facility where only e-prescriptions will be generated.

Ambuja Neotia Group on Wednesday announced plans to invest more than Rs 15,000 crores in West Bengal over the next five years, focusing on multiple sectors including healthcare, hospitality, real estate, and tourism.

Subscribe to enjoy similar stories. The healthcare industry in India was valued at $372 billion in 2023 and is projected to reach $638 billion by the end of 2025, growing at an annual rate of 22.5%. This rapid expansion is fuelled by innovation in hospitals, pharmaceuticals, diagnostics, and medical devices, along with rising healthcare spending by both government and private players.

Avendus Future Leaders Fund (FLF), the flagship private strategies fund of the Avendus Group, on Tuesday said it has taken a minority stake in Ahmedabad-based drugmaker La Renon Healthcare for Rs 160 crore.

Subscribe to enjoy similar stories. New Delhi: The National Medical Commission (NMC) is planning to set up committees of experts to review the postgraduate curriculum to lift the standard of specialty courses offered in India to global levels. The apex medical education regulator’s Post-Graduate Medical Education Board will set up a Specialty Expert Committee (SEC) for each postgraduate specialty to “enhance the quality and uniformity", Dr B.

earnings season is underway and about 129 companies will announce their results on Tuesday. Key results to watch out include from Titan, Asian Paints and Tata Power. Apart from the above, companies like Dhanlaxmi Bank, Eris Lifesciences, JK Tyre, JSW Holdings, Metropolis Healthcare, Max Financial, One Mobikwik, Torrent Power, V Mart and a few others will also declare their quarter results.

Subscribe to enjoy similar stories. Delhi: The main road of Karawal Nagar, in the northeast part of the national capital, albeit wide, is congested, crowded and chaotic. Lined with kiosks, paan stalls and thelas (carts) on both sides, and a row of bylanes that lead into housing colonies, the area is a marriage of the commercial and residential.