Healthcare Financial News

At 11 am, the issue attracted bids for 24,98,62,000 shares, or 65% against the issue size of 38,70,64,594 shares. The retail portion of the issue was subscribed 2.82 times, and the non-institutional category's subscription rate stood at 37%. The qualified institutional buyers (QIBs) portion witnessed a subscription of merely 7%.

Subscribe to enjoy similar stories. Mumbai: Kotak Mahindra's private equity is looking to tap domestic institutional investors (DIIs) for the first time since it launched the alternatives arm two decades ago, a senior company official said. The firm that has so far raised capital only from global investors is again looking at raising a lifesciences fund, this time from local investors.

Sarah McBride, a Democrat and current Delaware State Senator, has made history by becoming the first openly transgender person elected to the U.S. Congress. She will represent Delaware's single House seat, winning against Republican candidate John Whalen III.

Subscribe to enjoy similar stories. Should India focus on free schools and hospitals for the poor or invest in public infrastructure? Offer tax relief to the middle class or prioritize cash transfers for those in need? Boost rural development or build global cities? These are the pressing choices that shape debates on India's welfare policies. In the latest YouGov-Mint-CPR Millennial Survey conducted in July, we explored public preferences on these questions.

equity mutual funds have offered negative returns in October, data crunching by ETMutualFunds showed. There were around 518 equity mutual funds (including sectoral and thematic funds) in the said time period and around 490 funds posted negative returns. In other words, only 28 funds gave positive returns in October.

On 29 October, the union government expanded the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to provide free health insurance to all citizens aged 70 and above, regardless of income.

sectoral approach to AI regulation, rather than a one-size-fits-all law, are growing louder. Jensen Huang, CEO of AI chip giant Nvidia, said at ET Conversations in Mumbai recently, “We should regulate AI in the context of every application. When you use AI as an accountant, that accountant should be regulated. When you use AI as a lawyer, that lawyer should be regulated. When you use AI as a doctor, that doctor should be regulated.” To be sure, AI is already subject to the country’s existing provisions on data privacy, cybersecurity and copyright laws. Industry leaders say the need therefore is to plug gaps or clarify how existing regulations would apply to AI in specific ways.

Subscribe to enjoy similar stories. Mumbai: Delhi resident Harsha Singh, 31, often visits her family in the city of Mughalsarai, Uttar Pradesh, near Varanasi. That gives her an opportunity to visit Anand Netralaya, a standalone, single-specialty eye hospital.

TechEagle on Monday announced the launch of eight dedicated hubs in collaboration with the country's premier healthcare institutions across eight states. The dedicated drone hubs, inaugurated virtually by Prime Minister Narendra Modi last week as part of Rs 12,850-crore multiple healthcare sector projects, will serve as critical points for rapidly deploying medical supplies, including essential medicines, vaccines, and diagnostic samples to underserved and hard-to-reach communities, TechEagle said in a statement. The eight dedicated facilities include hubs at AIIMS Guwahati, AIIMS Rishikesh, AIIMS Bilaspur, and AIIMS Bhopal, among others, it stated. With a targeted reach of over 200 locations across Assam, Uttarakhand, and Himachal Pradesh and others in the coming year, this initiative (of setting up dedicated hubs) will be a game changer for India's drone logistics landscapes, the company said.

Subscribe to enjoy similar stories. PHOENIX—Kamala Harris is making a bet in the final days of a deadlocked election campaign that turning out women voters is her best path to the presidency. In a race that has been defined by gender politics, getting women to the polls is a crucial task for Harris.

Ratan Tata, on October 9, 2024, marking the end of an era. As the chairman of the Tata Group for over two decades, Tata’s leadership left a lasting impact on the Indian business landscape, transforming the company, a conglomerate, into a global powerhouse and fostering a deep-seated commitment to philanthropy. His death has set in motion a series of transitions within the Tata Group and the Tata Trusts, which manage the majority of the company’s holdings and oversee its far-reaching philanthropic initiatives. This period of change was marked by the succession of his stepbrother, Noel Tata, and heartfelt provisions for his loved ones — human and canine alike.

Total nonfarm payrolls published by the US Bureau of Labor Statistics today (1 November) came in significantly below market expectations, with economists polled by Reuters expecting the figure to stand at 113,000. At the same time country's unemployment rate remained unchanged at 4.1% from September and slightly lower than the 4.2% recorded in August. The figures for October were also below the downwardly-revised 223,000 jobs created in September. US economy adds 254,000 jobs in September as unemployment rate softens The largest increase last month came via the healthcare sector...

GoI also plays a crucial role in policy design and financing. This shared responsibility often leads to conflicts with states, intensified by political turf wars.

MUMBAI: Succession planning for DINKs and SINKs—relevant?

Delhi Health Minister Saurabh Bharadwaj took a dig at the Centre over its Ayushman Bharat health insurance scheme on Thursday, claiming that it «exists only on paper». The minister said this during his visit to the Delhi government-run GB Pant Hospital. According to a statement issued by the Delhi government, Bharadwaj visited the hospital to meet patients on the occasion of Diwali, share festive greetings and distribute fruits. The ruling Aam Aadmi Party (AAP) in Delhi and the opposition Bharatiya Janata Party (BJP) are engaged in a political battle over the Ayushman Bharat scheme, which has not been implemented in the national capital.

junior doctors who have been protesting the rape and murder of their colleague at the RG Kar hospital, West Bengal's Agriculture Minister Sovandeb Chattopadhyay sought to know the source of their funds that helped continue the agitation for over two months. Chattopadhyay was speaking at a post-Durga Puja get-together organised by the TMC at his constituency Khardaha in North 24 Parganas district on Wednesday. A video of his address went viral on Thursday, triggering a fresh war of words with the junior doctors. PTI did not independently verify the authenticity of the video. «May I ask them, why are you agitating? For what reason are you agitating? Why is all the anger directed at the government?» he said.

Yatharth Hospital and Trauma Care Services on Wednesday said its board has approved the acquisition of 60 per cent stake in a Faridabad-based hospital, which is yet to commence operations, at an enterprise value of Rs 152 crore. The company's board has approved to enter into an agreement with MGS Infotech Research and Solutions Pvt Ltd and its shareholders to acquire 60 per cent stake, the healthcare provider said in a regulatory filing. The target company is yet to commence a 400-bed hospital in Faridabad, Haryana. The acquisition will strengthen the company's presence in Delhi-NCR, it said.

The IPO will consist entirely of an offer-for-sale of 70.22 crore shares by the promoter, Sagility B.V., with no fresh issue component. All proceeds, excluding expenses, will go to the selling shareholder, and Sagility India will not receive funds from the issue.

Delhi High Court on Tuesday ordered auctioning of the Fortis trademark in connection with the ₹3,500 crore arbitral award passed in favour of Japanese pharma major Daiichi Sankyo and against the former Ranbaxy promoters. Justice Sachin Datta passed the order on an application filed by Daiichi Sankyo seeking the sale of the Fortis trademark, owned by RHC Healthcare Management Services which is one of the judgment debtors in the matter.

New retirees frequently rhapsodize about the joys of tossing their alarm clocks into the trash and filling their days with whatever activities they find gratifying