Healthcare Financial News

Set to come into effect from Tuesday (22 October), the name change stems from requirements under SDR which restrict funds from using terms such as ‘impact' within their names unless they apply for an SDR label.  As part of the switch, the company's stock market ticker will become ‘CRT'.  Impact Healthcare REIT to change name following introduction of SDR Despite these changes, shareholders have been assured that their holdings will not be impacted by the name change and the investment policy, strategy and objectives will also remain the same.  The trust's intention to drop 'impa...

Dangee Dums Ltd.(up 2.84%), Procter & Gamble Hygiene & Healthcare Ltd.(up 2.25%), Heritage Foods Ltd.(up 1.86%), Nakoda Group Of Industries Ltd.(up 1.32%), Hatsun Agro Products Ltd.(up 1.16%), Jyothy Labs Ltd.(up 1.06%), Patanjali Foods Ltd.(up 0.61%) and Nestle India Ltd.(up 0.19%) stood among the top gainers.

Article 21 of the Indian Constitution — Protection of Life and Personal Liberty — states: “No person shall be deprived of his life or personal liberty except according to the procedure established by law."

hand transplant post her amputation. Anamta Ahmad, the youngest person in the world to undergo a shoulder-level limb transplant, faced a daunting recovery journey as she got electrocuted by 11000-volt electric wires. The complex nature of the surgery and extended recovery period required a specialised approach to ensure proper healing and minimised discomfort. Imaginarium's custom 3D printed orthotic device, tailored to Anamta's needs, has been crucial in overcoming these challenges. «We are proud to have played a role in Anamta's recovery by pushing the boundaries of personalised healthcare,” said Aashay Mehta, Managing Director and Co-Chairman at Imaginarium, said in a statement. “There’s nothing that requires more customization than the human body, no two people are the same, and even our left and right sides aren’t identical. That’s why our work is so vital. Whether it's for this surgery or developing patient-specific implants, we’ve been at the forefront of 3D-printed healthcare solutions for two decades. Our goal is to keep innovating and finding new ways to meet the unique medical needs of each individual.»

Subscribe to enjoy similar stories. The gap in access to mental healthcare in India should perhaps more appropriately be called a chasm. The space is overdue for increased philanthropic interest.

RJ Sankara Eye Hospital in his Varanasi Lok Sabha constituency. Reciting the Sanskrit couplet «Tamaso ma jyotirgamay (lead me from darkness to light)», Modi also said that he was feeling «blessed» to be back in Varanasi again. «For a long time, Kashi's identity has been that of a centre of religion and spirituality but now, it is also set to emerge as a big centre of healthcare with various top-of-the-line health treatment facilities now available in Varanasi,» the prime minister said.

Artificial Intelligence as key to competitive advantage and said they have experienced a notable boost in productivity through AI integration, according to a new report. According to the «Industry 5.0 and AI report», compiled by BML Munjal University, 44 pc of organisations have experienced a significant boost in productivity through AI integration. Additionally, 21 pc reported that AI can play a pivotal role in driving innovation, enabling the development of new products, services and business models, particularly in sectors like finance, healthcare, manufacturing and marketing. «Approximately 33 pc of organizations focus on product development, while 29 pc leverage AI for customer service through chatbots and robotic process automation (RPA). Marketing teams, representing 19 pc of businesses, utilize AI for trend analysis, while 13 pc apply AI to improve supply chain management. Financial planning, though less prominent (6 pc), benefits from AI's efficiency-boosting capabilities,» the report added.

healthcare workers who participated in a survey feel that their workplace is «unsafe», particularly in state and central government medical colleges. Led by experts from the Vardhman Mahavir Medical College (VMMC), Safdarjung Hospital and AIIMS, New Delhi, the study highlighted «significant gaps» in the security infrastructure within Indian healthcare settings. The «Workplace Safety and Security in Indian Healthcare Settings: A Cross-Sectional Survey» published in a recent issue of the journal 'Epidemiology International' underscored the urgent need for improving the prevailing safety and security measures in healthcare settings. The survey is a collaborative effort of Dr Kartik Chadhar and Dr Jugal Kishore from the VMMC and Safdarjung Hospital along with Dr Richa Mishra, Dr Semanti Das, Dr Indra Shekhar Prasad and Dr Prakalp Gupta from All India Institute of Medical Sciences (AIIMS), New Delhi.

TreeHouse Foods has voluntarilly recalled 500 varieties of frozen waffles in the United States and Canada. The company, in a statement, said the said waffles are contaminated with Listeria which can be fatal for kids. According to the company, there have been no reports of illness linked to the recalled products to date and advised users to contact a healthcare provider in case of illness. TreeHouse Foods said it discovered the contamination in the waffles during routine testing at the manufacturing facility.

protest march on Saturday demanding justice for the woman doctor who was raped and murdered at state-run RG Kar Medical College and Hospital. The protesters, including doctors and members of the civil society, took out the march from Sodepur in West Bengal's North 24 Parganas district and it was scheduled to culminate at Esplanade in central Kolkata where junior doctors have been staging a fast-unto-death for the last fortnight. Participants raised slogans demanding justice for the woman doctor who was found raped and murdered in the medical college on August 9. Some junior doctors have been staging a fast-unto-death in Esplanade area for the last 15 days, demanding justice for the victim and calling for systemic changes in the state's healthcare infrastructure.

West Bengal Chief Minister Mamata Banerjee on Saturday urged the junior doctors to end their hunger strike. She added that everybody had right to protest, but it should not affect healthcare services. «Most of your demands fulfilled, give me 3-4 months more to meet the rest,» said Banerjee. She also requested the doctors to not differ with their demands, and called them to sit for talks with the government. «Please withdraw the agitation. Some of the demands need policy decisions. We will cooperate to the fullest extent possible but it is not acceptable that you will dictate to the government what should be done,» she said.

Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficit

Wipro GE Healthcare to procure medical technology and services of upto Rs 700 crore. The MoU will cover new products, replacements, and services for all 12 KIMS hospitals and 4 upcoming hospitals over the next 3 years. The MoU covers a full suite of medical technology products designed, developed and manufactured by Wipro GE Healthcare including PET CTs, SPEC CTs, Cath labs, MRIs, CT Scanners, ultrasounds, and critical care equipment, among others.

Max Healthcare Institute Ltd. rose 0.17 per cent to Rs 935.95 in Friday's trade. It hit an intraday high of Rs 943.3 and low of Rs 924.85, respectively, during the day. The stock quoted a 52-week high price of Rs 1117.05 and low of Rs 538.95.

NCLAT) has closed the insolvency proceedings against Jaypee Healthcare after the financial creditors' dues were settled by Max Healthcare. The appellate tribunal's direction to close the Corporate Insolvency Resolution Process (CIRP) against Jaypee Healthcare Ltd (JHL) came after the financial creditor submitted that they had received the amount of Rs 1,035.29 crore as part of the settlement and no claim had survived. «In view of the fact that the entire claim has now been satisfied and the amount deposited has been disbursed, we see no reason to continue the CIRP any further,» said the NCLAT order passed on Thursday. CIRP against JHL was initiated by the Allahabad bench of the National Company Law Tribunal (NCLT) on June 14 this year, over a petition filed by its lead creditor JC Flowers Asset Reconstruction Ltd.

Subscribe to enjoy similar stories. Private equity investors including Quadria Capital and TPG Capital have expressed initial interest to invest about $100 million for a 20-25% stake in critical care drugs provider Samarth Life Sciences, three people familiar with the matter said. “The transaction is expected to be purely secondary with the promoter group selling some of its stake," one of the people cited above said on the condition of anonymity.

health insurance products, driven by increased financial awareness, the impact of the COVID-19 pandemic, and competitive premiums in India. With a growing customer base in regions like the UAE, US, and Saudi Arabia, NRIs are increasingly turning to these insurance options to protect their families and secure healthcare benefits back home. Rising Demand for NRI Term Insurance NRIs now make up 12% of India’s total term insurance customers, with a compound annual growth rate (CAGR) exceeding 50% over the past two financial years, according to new data released by Policybazaar. The pandemic has acted as a wake-up call for many NRIs, underscoring the importance of life insurance as a financial safety net. Competitive premiums in India, coupled with the convenience of purchasing policies online, have made term insurance an attractive option.

Eldercare startup Primus Senior Living has raised $20 million in a seed funding round led by General Catalyst, with participation from Zerodha cofounder Nikhil Kamath and Gruhas, the investment firm co-founded by Kamath and Abhijeet Pai of Puzzolana Group. General Catalyst contributed $7 million to the round, while Kamath and Gruhas invested the remaining $13 million, according to Adarsh Narahari, founder and managing director of Primus. Led by Narahari, Bengaluru-based Primus is developing a comprehensive eldercare platform offering various services, including healthcare, wellness, lifestyle, and social engagement—all delivered to elders in their homes.

Sagility India and Senores Pharmaceuticals have received approvals from the Securities and Exchange Board of India (Sebi) for their proposed initial public offerings (IPOs). The regulator issued its final observations on the draft papers last week. When a company receives a final observation from Sebi, it’s a signal from the regulator to go ahead with the IPO process. Sagility India’s IPO consists solely of an offer for sale (OFS) of 984.4 million shares by promoter Sagility BV. The company provides technology-driven services to insurance settlement entities and healthcare providers.

Officially launched in 2020 to take advantage of cutting-edge healthcare companies, the fund's assets under management have now fallen to £26m.  Co-managed by Julia Angeles, Marina Record and Rose Nguyen and having been run internally for two years, the fund sits in the bottom quartile over several timescales, returning 4.4% over one year against the IA Healthcare average of 12.6%, according to FE fundinfo.  Baillie Gifford to shutter four bond funds and scrap international fixed income business Following a strategic review, Baillie Gifford has concluded the fund is no longer comme...

France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at tackling the country’s giant deficit