Healthcare Financial News

UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack on its Change Healthcare business

Max Healthcare Institute Ltd. traded 5.13 per cent up at Rs 799.4 at around 10:00AM (IST) on Wednesday. The stock had closed at Rs 760.35 in the previous session. Equity benchmark Sensex traded 258.07 points higher at 73996.52 around the same time.

This is an AI-generated live blog and has not been edited by LiveMint staff. The NIFTY Realty at (1%), NIFTY Smallcap 250 at (0.91%) & NIFTY Healthcare at (0.54%) are currently the top performing sectors among the Sectoral Indices. While NIFTY FMCG at (-0.2%), NIFTY GS 10 Yr at (-0.2%), NIFTY GS 8 13 Yr at (0.02%) are currently the low performing sectors The Nifty 50 opened at 22368 (0%) , 0 points higher than the previous closing.

This is an AI-generated live blog and has not been edited by LiveMint staff. The NIFTY Realty at (0.98%), NIFTY Smallcap 250 at (0.9%) & NIFTY Healthcare at (0.55%) are currently the top performing sectors among the Sectoral Indices. While NIFTY FMCG at (-0.21%), NIFTY GS 10 Yr at (-0.21%), NIFTY GS 8 13 Yr at (0.02%) are currently the low performing sectors The Bank Nifty opened at 47970.45 (0%) , 0 points higher than the previous closing.

₹31,428 crore in advertising, making it the largest category to advertise, according to a 2024 report by Dentsu and Exchange4Media. FMCG firms account for a third of all advertising spends in India. "It is directionally very good because the Supreme Court is looking at a larger ambit now.

₹7,500 crore for the scheme, a more than 10% increase over the amount spent in the just- concluded financial year. The scheme in its current form gives beneficiaries an insurance coverage of ₹5 lakh person per year on a means-tested basis – to qualify, the individual's annual income must not exceed ₹2.4 lakh. Expanding the coverage of the scheme to include everyone above 70 years of age by removing the income cap could cost the exchequer an additional ₹15,000 crore– ₹20,000 crore a year as per preliminary estimates, said one of the persons quoted above.

Sectorally, buying was seen in FMCG, consumer durables, realty, and telecom stocks while some selling was visible in metal, healthcare, oil & gas and energy stocks.

The Insurance Regulatory and Development Authority of India (IRDAI) has dissolved the barrier to applying for health insurance in India that allowed only individuals aged 65 and lower to purchase health covers. The recent development on Sunday has pushed insurance companies to provide insurance to people irrespective of their age.

Sandeep Kalra, CEO, Persistent Systems, says “as we go ahead, as the market conditions stabilise, that will give us the opportunity to have the leverage of all the investments we have done whether they are in the next generation technologies like generative AI or increased sales and marketing investments, etc, and that should help us take the margin up. We still stand by our aspiration of growing the margins by 200 to 300 basis points over the next two to three years.” Your conference call commentary was that your FY25 margins will be similar to FY24, but that has missed Street expectations. What are the headwinds or are you being conservative? Sandeep Kalra: From a margin perspective, what we are saying is this. The margin has to be looked at in the context of the revenue growth that we deliver. So, if we are going to be looking at a revenue growth which is somewhere in similar lines as what we have done in this year, that is what our aspiration is, then at that point in time you have to optimise for one or the other.

Economic Times. In this plan, Varun Jaipuria would take over the mantle of the food and beverage division, whereas Devyani Jaipuria would head the health and education sectors.

Sectorally, buying was seen in capital goods, consumer durables, public sector, and healthcare stocks while selling was seen in utilities.

₹100 crore and mother and baby healthcare company The Moms Co for ₹500 crore. The founders and IAN have despatched the notices since they were not paid the last tranche of payments due in January, the people cited above said on condition of anonymity. The Arc first reported that IAN has sent a ‘notice of default’ to the Good Glamm Group’s board.

₹5,254 crore worth of Indian equities and the total outflow stands at ₹8,982 crore as of April 19, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The total debt outflows stand at ₹6,174 crore so far this month. ‘’FPIs sold equity worth ₹16,452 crore through exchanges.

IMF's Asia and Pacific (APAC) Department. "China is more than four times bigger than India, and in that sense, if India is growing faster today than China, then it should not be surprising," Srinivasan explained, while speaking with ANI.

Also Read: Beyond medical emergencies: General insurance products you need to invest in for a stress-free life While comprehensive coverage is desirable, it often comes at a premium. Evaluate your family's healthcare priorities and strike a balance between adequate coverage and affordability. Opting for essential coverage coupled with add-on riders for specific needs can help tailor the policy while keeping costs in check.

Indian Institute of Science (IISc) on Thursday announced the launch of the Longevity India Initiative, a project focused on efforts to extend human 'healthspan' and tackle ageing-related challenges. The initiative has also started a large-scale clinical study that will involve researchers from multiple IISc departments, clinicians, industry, philanthropists and civil society, according to a statement from IISc. This initiative seeks to enhance the understanding of ageing through both fundamental and applied research, and to develop solutions that can improve quality of life. The initiative has received initial grant funding support from Prashanth Prakash, founding partner at Accel India, the statement added.

Future Consumer Ltd.(up 5.56%), Heritage Foods Ltd.(up 3.08%), Dangee Dums Ltd.(up 1.83%), Procter & Gamble Hygiene & Healthcare Ltd.(up 1.68%), Tasty Bite Eatables Ltd.(up 1.50%), Honasa Consumer Ltd.(up 0.74%), Gillette India Ltd.(up 0.71%), ADF Foods Ltd.(up 0.59%), LT Foods Ltd.(up 0.52%) and Jyothy Labs Ltd.(up 0.26%) stood among the top gainers.

Also Read: Multibagger stock: Oriana Power share price soars over 1000% in 8 months. What's driving this green energy stock? On Thursday, the Indian stock market indices, Sensex and Nifty 50, snapped a three-day losing streak and opened with decent gains.

Indian stock market today: A total of ten stocks have been banned for trade on Thursday, April 18, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

BS Ajaikumar, founder and executive chairman of specialty cancer care chain HealthCare Global Enterprises (HCG), on Wednesday launched a thematic healthcare and life sciences fund with an initial corpus of $20 million ('166 crore). While the oncologist-turned-entrepreneur contributed 90% of the corpus for the Inviga Healthcare Fund, the remaining 10% is from Equirus Capital founder and managing director Ajay Garg. The fund will invest up to '40 crore in equity and provide strategic expertise to early-stage and mid-level companies of Indian clinicians, scientists and entrepreneurs, Ajaikumar said.

senior living projects in India are concentrated in the southern cities of Chennai, Bengaluru, and Coimbatore, contributing to approximately 40% of the country's total inventory, according to CBRE data. This dominance is linked to the region's favourable climate, improved connectivity,presence of prominent healthcare players and a higher percentage of parents of NRIs. The southern region distinctly leads by contributing about 74% to the overall supply, particularly in organised assisted living segments. This promising trend is driven by several factors, including higher affordability levels and a growing acceptance of nuclear family structures, as evidenced by a higher proportion of elderly living alone compared to the northern states.