Healthcare Financial News

DJ Group of Institutionsbased on Niwari Road, Modinagar, Delhi NCR, recently conducted an event marking its 3 decade long association with Bank of Baroda. The program was conducted on the sidelines of the inauguration of a new undergraduate hostel built on the DJ College campus.Mr. Rakesh Sharma, General Manager, Bank of Baroda who currently heads the New Delhi zone presided over the event as its Chief Guest.

Legally Mine has become a cornerstone of wealth security and tax reduction services for professionals, particularly in the healthcare sector. With an expert team of approximately 50 employees, the company has successfully served over 15,000 customers. This team, spanning various legal and tax departments, works tirelessly to provide extensive and personalized solutions that safeguard the financial well-being of their clients.

(Reuters) -Consumer healthcare firm Haleon said on Monday that U.S. drugmaker Pfizer (NYSE:PFE) will sell down its stake in the company to about 24%.

Ambuja Cements, Axis Bank, Bharti Airtel, JSW Energy, Larsen & Toubro (L&T), Macrotech Developers , Max Healthcare, State Bank of India, TVS Motor Company and Zomato are the top 11 picks by Jefferies India Pvt Ltd for next five years. These stock ideas as per Jefferies are likely to deliver 15-25% cagr returns over the next 5 years. The analysts team has identified the ideas that fit in to major themes.

Jefferies has released a list of 11 stocks that it believes can deliver 15-25% CAGR over the next five years. Stocks with the highest upside include Macrotech, Axis Bank, Max Healthcare and Amber.

money habits and attitudes will have a longer and stronger impact on them, and are likely to last a lifetime. Here are some things that you should be mindful about when it comes to money. Saving dichotomy: If you keep insisting on the virtues of saving before spending, but go on a spending spree the moment you get your salary, your child will not know what to believe.

condom category seems to have spiced up its growth rate, which nearly doubled in 2023. The Rs 1,755 crore segment grew to a five-year high last year at 13% by value compared with 7% in 2022, according to the latest IQVIA consumer health retail audit data sourced from executives. Companies said the segment is shifting away from being used for just protection to enhancing the experience. “Condoms were always sold from a safety perspective and youth felt the product was a hindrance for pleasure,” said Rajeev Juneja, managing director and vice chairman of Mankind Pharma, the maker of Manforce condoms, which has a 30.1% share. “So innovations have really helped attract younger consumers to the category. Also, women too now decide on the variants, unlike the historical trend of men being the sole decision makers.”

Japan's Toyota Tsusho and Secom Medical System on Saturday announced plans to set up a second multi-super specialty healthcare facility under their Sakra World Hospital operations in India at an investment of Rs 1,000 crore. The two partners, which already run a Sakra World Hospital facility in Bengaluru, plan to add another 500-bed new unit at Banaswadi in Bengaluru North. The facility is scheduled for completion by the end of 2026. Sakra World Hospital is also looking to set up at a third unit, which is envisaged to have 300 beds, as part of its plans to add 1,000 beds in the upcoming years. The second facility, to be constructed at an estimated cost of Rs 1,000 crore, will have a 500-bed capacity with a built-up area spanning 6 lakh sq ft, Sakra World Hospital said in a statement. Sakra World Hospital is a collaboration between Japan's healthcare major Secom Medical System and trading conglomerate Toyota Tsusho. «The new facility is the extension of our firm commitment towards fulfilling the healthcare needs of the local and international communities,» said Tatsuro Fuse, Executive Director, SECOM Co Ltd, and Chairman, SECOM Medical System Co Ltd, Japan.

Also Read: Health Insurance Tax Benefits for Salaried Employees – What You Need to Know In line with the provisions of the Mental Healthcare Act, 2017, the Insurance Regulatory and Development Authority of India (IRDAI) issued a directive on May 29, 2018, mandating that “every insurer must offer medical insurance for the treatment of mental illness on an equal basis as it is available for the treatment of physical illness." Some insurance providers responded by introducing policies explicitly designed to address both physical and mental health conditions, ensuring more comprehensive coverage. However, for individuals with dual diagnoses, the medical underwriting process becomes crucial.

Ghaziabad Lok Sabha Elections: Dates and Schedule The precise voting date for the Ghaziabad Lok Sabha constituency in the upcoming 2024 elections is yet to be declared by the Election Commission. Similarly, the result announcement date awaits official confirmation in March. The election process will follow the guidelines set by the Election Commission of India (ECI), ensuring a fair and transparent electoral process.

₹300.13 crore Krystal Integrated Services issue consists of an offer to sale of 1,750,000 Equity shares, valued at ₹125.13 crores, and a new issuance of around 2,447,552 shares valued at ₹175.00 crores. Not less than 15% of equity shares have been set aside for NII, not more than 50% for QIB, and not less than 35% for retail investors in the Krystal integrated Services IPO. Krystal Integrated Services IPO opened for subscription on March 14, 2024 and closes on Monday, March 18'2024.

Gillette India Ltd.(up 2.20%), Heritage Foods Ltd.(up 1.71%), Colgate-Palmolive(India)Ltd.(up 1.54%), Mrs. Bectors Food Specialities Ltd.(up 1.44%), Sheetal Cool Products Ltd.(up 1.22%), Varun Beverages Ltd.(up 1.17%), Tata Consumer Products Ltd.(up 1.16%), Vadilal Industries Ltd.(up 1.08%), Procter & Gamble Hygiene & Healthcare Ltd.(up 0.82%) and ADF Foods Ltd.(up 0.80%) stood among the top gainers.

Federal civil rights investigators are looking into whether protected health information was exposed in the recent cyberattack on Change Healthcare

Lilavati Hospital are in talks with private equity investors and pension funds for its proposed Rs 4,000-crore pan-India expansion plan which entails setting up five to six multispecialty hospitals over the next five years. «We will be funding the expansion through internal accruals, and are also in discussions with PE investors, pension funds and donors,» said Prashant Mehta, promoter, Lilavati Hospital. «We will retain the controlling stake,» Mehta added. He said Lilavati is looking at both greenfield and brownfield hospitals as part of its expansion strategy. The proposed expansion will be carried out by Lilavati Foundation, a distinct and separate entity from Lilavati Hospital, Mumbai. «We believe there is still a huge potential for growth of healthcare services in India,» Mehta said. The expansion will encompass 3,000 hospital beds. Lilavati is setting up a greenfield 300-bed multi-specialty hospital in GIFT City, Gujarat with an investment of Rs 300 crore. The hospital is slated to open by 2025-end. Lilavati is also considering opening hospitals in Dharamshala (Himachal Pradesh), Noida (Uttar Pradesh), Pune (Maharashtra), and Bengaluru (Karnataka) and Guwahati (Assam), Mehta said. He said they are also looking at expanding the 319-bed Lilavati Hospital & Research Centre in Bandra, Mumbai by adding a 150-bed oncology block, which might involve acquiring adjoining property.

₹300 crore’ in this round, sufficient to complete the project, Narayan said. The proceeds will help the company focus on sales, marketing, manufacturing and securing a US-FDA approval for its manufacturing plant. The pre-revenue target company started in 2013 and was first incubated in the Indian School of Business.

₹680 to ₹715 for each equity share with a face value of ₹10. Bids can be placed for multiples of 20 shares, or at least 20 shares.

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(Reuters) — UnitedHealth Group (NYSE:UNH) said on Wednesday its unit Change Healthcare (NASDAQ:CHNG)'s pharmacy network was back online, weeks after a cyberattack had a knock-on effect across the country's healthcare system that depends heavily on insurance.

Canadian inflation-protected securities known as real-return bonds are reaping gains for one of the country’s largest pension funds during a turbulent period for fixed-income markets.

One of the most critical errors in retirement planning is failing to start early enough. This mistake can severely impact one's financial security and comfort in later years. Beginning your retirement savings at a younger age takes advantage of compound interest, where even small contributions can grow significantly over time. The power of compounding is such that the longer your money is invested, the more potential it has to grow, making early investments disproportionately beneficial. Delaying retirement savings often leads to a challenging catch-up scenario.

U.S. elections and healthcare stocks have often been a losing combination. This year, with another contest looming, investors are piling in.