Healthcare Financial News

This figure was significantly below the average monthly gain of 215,000 over the previous 12 months. According to data released by the US Bureau of Labor Statistics today (2 August), total nonfarm payrolls came in lower than anticipated, after economists surveyed by Factset estimated an 175,000 increase in July and the unemployment rate expected to hold at 4.1%.  Federal Reserve holds firm on bank rate as hopes of a September cut rise Healthcare employment continued to trend upwards, adding the most jobs of any sector in July at 55,000, just shy of the sector's average monthly gain...

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Sonata Software has pushed its $1.5 billion revenue target by a year to fiscal 2027, its top executive told ET. This indicates the slowdown in technology demand is also impacting mid-sized outsourcing firms which have been growing faster than their larger rivals like Tata Consultancy Services, Infosys, HCLTech and Wipro. “We have called out that we want to be $1.5 billion revenue by FY27. That's our long-term goal. Given the market condition, we diluted it (from earlier target of achieving it by FY26 ending March 2026) by 2-4 quarters now,” managing director and chief executive Samir Dhir said.

The healthcare tech company R1 RCM will be acquired for $9 billion and taken private by investment funds

Paras Healthcare, the Delhi NCR-based hospital chain has filed Draft Red Herring Prospectus (DRHP) with SEBI for ₹700 crore — ₹900 crore Initial Public Offering (IPO). The IPO comprises of a fresh issue of equity shares of up to ₹400 crores and an offer for sale (OFS) of up to 14,974,010 equity shares with face value of ₹1 each equity share.

Clix Capital has raised Rs 220 crore in fresh equity capital. This investment round was led by existing investors — Apollo Global Management, Pramod Bhasin and Anil Chawla.

Mint. Trident’s first-ever fund has already received commitments from various other investors. “The discussions are still in a preliminary stage and not much has been decided yet," one of the people cited above said.

Equity mutual funds have offered up to 11% return in July. There were around 615 equity and equity-oriented mutual funds in the market in the said period. The toppers in the list were sectoral/thematic funds and only one scheme offered a double-digit return in July.

Unaprime has bought out Tata Healthcare Fund's 43.5% stake in Maharashtra-based Lokmanya Hospitals, said the financial investment advisory company's co-founder Deep Mishra. It also purchased shares from other existing investors, taking its total shareholding in the hospital company to 70%, he told ET.

Mankind Pharma on Wednesday reported a 10% year-on-year (YoY) jump in net profit to Rs 543 crore in Q1FY25 led by strong domestic formulation sales. The drug maker reported net profit of Rs 494 crore in the corresponding period of previous year.

This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY Consumer Durables at (0.73%), NIFTY Healthcare at (0.54%) & NIFTY India Consumption at (0.53%) are currently the top performing sectors among the Sectoral Indices. While NIFTY PSU Bank at (-0.5%), NIFTY Energy at (-0.5%), NIFTY PSE at (-0.28%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 51583.45 (0.16%) , 84.15 points higher than the previous closing.

Maruti, M&M, Coal India, Adani Power, Tata Steel, Ambuja and Bank of Baroda. Apart from the above, companies like Aster DM Healthcare, Barbeque Nation, Deccan Healthcare, Dynamic Cables, IIFL Securities, Mankind Pharma, The Phoenix Mills, Thomas Cook, ZEE among others will also declare their first quarter results.

This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Share Price Today Live Updates: The NIFTY Consumer Durables at (0.74%), NIFTY India Consumption at (0.54%) & NIFTY Healthcare at (0.53%) are currently the top performing sectors among the Sectoral Indices. While NIFTY PSU Bank at (-0.5%), NIFTY Energy at (-0.5%), NIFTY PSE at (-0.26%) are currently the low performing sectors Nifty 50 Share Price Today Live Updates: The Nifty 50 opened at 24886.7 (0.12%) , 29.4 points higher than the previous closing.

While workers face a significant risk of not living out the retirement they imagined, with some segments more vulnerable than others, being part of a defined contribution plan can go a long way in cutting down that threat.

Airline catering company Gategourmet and unions representing about 8,000 workers say they have a tentative agreement on a new contract

The benchmark Sensex rose 99 points, or 0.12%, to settle at 81,455. The broader NSE Nifty gained 21 points, or 0.09%, to end at 21,857.

Google Chrome, specifically affecting the Google Password Manager—a tool relied upon by over three million users to store and autofill passwords. The issue was traced to the M127 version of the Chrome browser on Windows, which caused previously saved passwords to become inaccessible and prevented new passwords from being saved, added the report.For nearly 18 hours, affected users were unable to use their stored passwords, creating widespread inconvenience.

pharma major Dr. Reddy's Laboratories on Saturday announced that its June quarter profit after tax fell 0.8% year-on-year (YoY) to Rs 1,392 crore while revenue jumped 13.9% to Rs 7,673 crore. While announcing the quarterly numbers, the company's board also approved split of equity shares in the ratio of 1:5, which means that 1 existing share will split into 5.

ICMR), in collaboration with the National Health Authority (NHA) and WHO India, has released 32 new Standard Treatment Workflows (STWs) for treating common and serious diseases under five specialties namely Cardiothoracic Vascular Surgery, Paediatric Cardiology, Interventional Radiology, Neuro Surgery, and Orthopaedics on 25 July, Thursday.These 32 new standards are an addition to the already existing 125 STWs previously released across 23 specialties in 2019 and 2022 by the ICMR.The ICMR introduces evidence-based STWs to enhance medical care consistency in India. These guidelines, created by national experts, promote optimal treatment practices, rational drug use, and efficient healthcare services. Each concise one-page document outlines key actions for physicians, ensuring uniform healthcare standards in India's public healthcare system.

Max Healthcare Institute Ltd. traded 2.71 per cent up at Rs 921.9 at around 02:10PM (IST) on Thursday. The stock had closed at Rs 947.6 in the previous session. Equity benchmark Sensex traded 42.29 points lower at 80106.59 around the same time.