Healthcare Financial News

vaping during a parliamentary session focused on healthcare reform. Cathy Juvinao, a member of the Green Alliance Party representing Bogotá, was seen using a vape pen moments before she was scheduled to address the legislative body. The event took place on December 17, as Juvinao prepared to address the legislative body regarding proposed changes to the country's health policy. The footage quickly went viral, prompting significant backlash from the public and media alike.

Ontario Teachers’ Pension Plan has announced its investment in the US based healthcare BPO -Omega Healthcare Management Services and joins with Goldman Sachs Alternatives as Co-Lead investor. Omega is a leading technology-enabled healthcare management solutions provider. Terms of the transaction were not disclosed, said an Ontario Teachers’ press release. ET first reported on 20th December that Ontario Teachers' is all set to acquire a majority stake in Omega. Ontario Teachers' is looking to invest about $700-800 million to buy out existing investor Everstone Capital, valuing Omega at $1.8 billion, ET reported.

Qila said it will expand into the US markets by introducing advanced web3 solutions such as blockchain and tokenization, that serves foundational aspects of the technology, ensuring transparent and traceable systems across sectors. It aligns with the core philosophy of Qila that helps enterprises to build trust and enhance their value proposition for customers. “We are undertaking pilot projects and are in talks with different strategic partners based out of the US. Our Web3 private cloud is up and running which offers robust data security and data localisation for the enterprises. We are planning to participate in many upcoming events to promote the adoption of web3 solutions,” said Siddharth Ugrankar, founder at Qila. Qila’s solutions are cross-sectoral but are focused on particular areas such as increasing transparency and traceability in supply chain, improving data security and interoperability in healthcare, boosting customer engagement through tokenization in retail, facilitating secure credentialing and identity management in education and blockchain authentication against counterfeiting in luxury goods.

Sattva Group has acquired an 8.5-acre land parcel in Bengaluru’s Export Promotion Industrial Park (EPIP) from a high-net-worth individual for approximately Rs 300 crore. The property, which previously housed the operations of global healthcare major Novo Nordisk India, has been a landmark in the area for over a decade. Novo Nordisk had operated from the campus for over 10 years before transitioning out. The campus has a fully functional operational unit with a built-up area of 188,000 square feet and offers future development potential of up to 1.2 million square feet, along with a data centre of 35 MW. Strategically located in one of Bengaluru’s prominent industrial and business hubs, the acquisition is set to strengthen Sattva Group’s presence in the city’s booming commercial real estate market.

foreign institutional investors (FIIs) remain net buyers of Indian stocks this month with the good-old financials and IT on top of the buying list, 3 sectors — oil and gas, auto and FMCG — saw $1 billion exit. NSDL data shows that in the first fortnight of December, FIIs sold Rs 5,337 crore worth of stocks in oil and gas sector, Rs 1,823 crore in auto and another Rs 1,655 crore in FMCG. The combined sell-off in all these 3 stocks have crossed $1 billion-mark.

“Earnings growth, margins for a wide variety of businesses and the most crucial – the margin of safety of investors new investments that are put into various assets incrementally in 2025 and beyond,” says Sahil Kapoor, Head of Products and Market Strategist, DSP Mutual Fund. In an interview with ETMarkets, Kapoor said: “Private banks, selects PSU banks, Healthcare providers, select Auto OEMs and some insurance companies appears to have a good mix of valuations, steady earnings and probability of decent growth outcomes are key themes for 2025,” Edited excerpts:

Inventurus Knowledge Solutions (IKS) shares, which made debut on the exchanges today (Thursday, December 19), saw block deals where Norway-based Norges Bank bought over 34 lakh shares worth Rs 652 crore. Norges Bank bought shares via Norges Bank on Account of The Government Pension Fund Global in two tranches of 16.59 lakh and 17.50 lakh shares at a price of Rs 1,923.92 apiece and Rs 1,899.67 per share, respectively.

direct benefit transfer, healthcare schemes and grievance redressal for citizens, Parag Jain Nainutia, principal secretary — general administration (information & technology) at the state government, said at the ET Digital Transformation Dialogues panel discussion. “We are collating, collecting data, using the free flow of data within the state government and within the Government of India … Our idea is there should not be any responsibility on the citizen to submit the same document again and again.

In case you hadn’t heard, 2025 is shaping up to be a good year for investment bankers. It’s not just rhetoric, either – they’re putting their money where their mouth is and hiring in anticipation of it, too.

Shares of Mankind Pharma Ltd.(up 5.42 per cent), Aurobindo Pharma Ltd.(up 2.79 per cent), Lupin Ltd.(up 2.54 per cent), Dr. Reddy's Laboratories Ltd.(up 2.23 per cent) and Alkem Laboratories Ltd.(up 1.89 per cent) ended the day as top gainers in the pack.

"Tata Consumer is a very different business compared to where it was even till last year and very-very different from where it was four or five years ago. And it is this capital allocation intensity of some of our consumption picks, which is what we are trying to play rather than the standard FMCG of a little bit of market share gain in the existing categories and nothing new in terms of capital allocation beyond the core," says Rakshit Ranjan, Marcellus Investment Managers. Well, I directly get into stocks because I look at a couple of your holdings, especially Asian Paints and Titan and both of these two are going through industry disruptions at this point of time. Just this morning, Investec wrote on the paint sector, talking about how Birla Opus is getting a lot of good response from customers. Titan, of course, is going through its own lab-grown diamond disruption. What then still makes you hold these stocks? Rakshit Ranjan: So, both of those are slightly different in nature. Titan is an industry disruption, as you rightly picked it up, whereas Asian Paints is a competitive intensity rising significantly. There are two different parts of how a business gets affected.

Subscribe to enjoy similar stories. Days after the arrest of Luigi Mangione in connection with the assassination of a health-insurance executive, “wanted" posters appeared in New York City targeting healthcare and Wall Street heads. Alongside them popped up posters portraying Mangione as a saint, with the words “Free Luigi." The fatal shooting of UnitedHealthcare’s chief executive officer initially unleashed outrage over denied medical claims and an airing of agonizing personal experiences with insurance companies.

On the BSE, Angel Fibers(down 18.57 per cent), Superior Finlease(down 15.84 per cent), SAB Industries(down 9.99 per cent), Gconnect Logitech(down 9.99 per cent) and Shubham Polyspin(down 9.85 per cent) were among the stocks that plunged over 5 per cent during the session.

Alfavision Over(up 20.00%), Tips Films(up 19.99%), Donear Ind(up 19.97%), Essar Sec(up 19.95%), Acknit Ind(up 18.22%), Fairchem Organics(up 17.61%), Ind Renewable Energy(up 16.98%), Yasho Industries(up 16.71%), PPAP Automotive (up 15.18%) and Medinova Diagnostic(up 15.11%) were among the stocks that surged over 15%.

Coal India Ltd (CIL) has spent Rs 5,570 crore in Corporate Social Responsibility (CSR) initiatives over the past decade, a top official said on Sunday. Coal India Chairman P M Prasad said the PSU has been focusing on education, healthcare, skill development, sports, and women empowerment. Inaugurating the 3rd CIL CSR Conclave 2024 on Sunday, West Bengal Governor C V Ananda Bose underscored the transformative power of CSR initiatives in improving the lives of communities, particularly in tribal belts of coal-bearing areas. He lauded CIL's contributions, including its efforts to support cancer patients, stating that such initiatives contribute to the holistic development of the nation.

Subscribe to enjoy similar stories. The phones at corporate security firms in America are ringing off the hook. Security chiefs at major organizations are convening calls to trade notes.

The U.S. Department of Energy says $365 million is available to install solar and battery storage systems in homes and healthcare centers across Puerto Rico

add call on Metropolis Healthcare with a target price of Rs 2,335. The current market price of Metropolis Healthcare is Rs 2205.75. Metropolis Healthcare, incorporated in the year 2006, is a Mid Cap company with a market cap of Rs 11355.14 crore, operating in Hospitals & Allied Services sector. Metropolis Healthcare's key Products/Revenue Segments include Service Income for the year ending 31-Mar-2023.

Max Healthcare Institute Ltd. 2.26 per cent to Rs 1159.00 in Thursday's trade as of 10:04AM (IST) even as the benchmark Nifty ruled at 24638.6, 3.21 points. The scrip had closed at Rs 1133.30 in the previous session. The stock quoted a 52-week low of Rs 630.75 and a high of Rs 1169.20. The company quoted a market-cap of Rs 113156.17 crore on the BSE.

Hemang Jani, Independent Market Expert, says most of the healthcare companies have been doing a fairly decent job and some of these companies are in an expansion phase. Max Healthcare is looking to expand in a big way, and that is true for Narayana Hrudalaya also. For the investors looking for a steady 15-18% kind of a CAGR growth, having some exposure to names like Apollo Hospitals, Max, or Narayana Hrudalya would make sense. How have you assessed the quarterly numbers from the entire FMCG basket? Do you think that the slowdown is worrying and it is going to continue into the coming quarters? Or was it a bit of a one-off? Hemang Jani: Consumer companies, particularly the staple and FMCG companies are going through a great amount of slowdown and when you look at the quarterly numbers by and large things were not that positive. The only thing is that the market reaction to some of those numbers was a bit of a surprise because it is not as if HUL or Nestle will report a very high single digit kind of volume growth.

Subscribe to enjoy similar stories. The Nifty50 continued to consolidate around its 50- and 100-day moving average (DMA) and traded in a narrow range for a fourth consecutive day. On Wednesday the index ended 0.13% higher in a lackluster trading session and formed a doji candle with a higher-high and higher-low price structure, indicating indecisiveness among buyers and sellers.