Healthcare Financial News

Shares of ended the day as top gainers in the pack.

Avenue Supermarts and Hindalco in the model portfolio. Meanwhile, it increased the weights on RIL, Bharti Airtel, SBI, and M&M in the model portfolio.

Max Healthcare Institute Ltd. traded 1.97 per cent lower in Monday's session at 11:37AM (IST). The stock opened at Rs 849.8 and has touched an intraday high and low of Rs 851.25 and Rs 833.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 909.0 and a 52-week low of 412.0. About 9,867 shares changed hands on the counter so far.

extreme temperatures driven by climate change will increase risk of preterm birth by 60 per cent, causing several lifelong complications for millions of children around the world, a new research has found. Analysing results from 163 health studies globally, researchers said they have determined that climate change will be directly responsible for multiple detrimental health impacts in children, including higher occurrences of respiratory illnesses and more hospitalisations. The researchers, led by those at The University of Western Australia, warned that lack of global action on climate change will likely devastate children's health for generations. They said their study, published in the journal Science of the Total Environment, was the first to collect all the available scientific evidence for the effects of climate change on children's health.

OpenAI CEO Sam Altman is set to make a ‘killing’ from Reddit IPO “The Indian IPO market continues to be buoyont, backed inter alia by political stability, optimistic investor sentiment, a robust economy, and expectations of lower inflation and rate cuts in 2024.This positive environment is expected to fuel number of public offerings in coming couple of quarters," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd. Last week, two mainboard IPOs Juniper Hotels Limited and GPT Healthcare Limited opened with the target to raise ₹2,325 crores.

Mrinal Singh, CEO & CIO, InCred AMC, says “one can look at our cash as a proxy largecap allocation. We have kept that largely in anticipation of volatility in the market and we would look to deploy it as the market offers volatility at interesting prices.” Did you come across that note, kind of a very honest admission from Chris Wood in the Greed & Fear newsletter, saying that, yes, India is the best game in town right now with superior macros? All of that is fine, but a kind of admission that it is turning out to be quite expensive. As a practitioner, are you finding it challenging too? Mrinal Singh: Yes, that is a practical challenge, yes. We had the market run up significantly in the last 12-18 months where it makes it more challenging. Obviously, when the valuations are elevated, the potential returns get subdued, so you need to also manage the return expectations and you need to go down the ladder in terms of market cap, you need to actually dig deeper and we expect customers to have a higher horizon when they make an entry at this juncture. It does become challenging when the markets have a very sharp run up in a short span of time.

foreign investors. However, in the week ahead, some volatility is likely to kick in amid the expiry of the February derivative series.

₹978 crore, the four-lane cable-stayed bridge is 2.5 km long. 2. It was initiated by the Centre in 2017 with a groundbreaking ceremony.

₹1,754 crore and began operations in 2019. Officials however say that the hospital located in West Bengal's Nadia district is currently operating without an environmental clearance. According to the West Bengal Pollution Control Board, AIIMS Kalyani is currently in the ‘violation category’ and faces an environmental damage cost and penalty summed up to over ₹15 crore.

Kerala has emerged as the frontrunner in India's healthcare talent migration to the Middle East and North Africa (MENA) region, especially the United Arab Emirates (UAE). The demand in the UAE alone witnessed a 3.3-fold increase in 2023, according to data from blue-collar worker platform Huntr. Kerala, Tamil Nadu, and Andhra Pradesh stand out as major contributors to the migration of healthcare professionals, including nurses, doctors, and laboratory technicians, to MENA countries. Particularly, the migration from Kerala to the UAE experienced a significant surge in 2023, as highlighted in the report. The data, sourced from the Huntr platform and employer organizations in the Middle East spanning 2022 and 2023, indicates a shifting trend in the healthcare landscape of the region. The preferred destinations for Indian healthcare professionals seeking job opportunities are reported to be the UAE, Saudi Arabia, and Qatar.

GPT Healthcare IPO: The initial public offering (IPO) of GPT Healthcare Limited hit the Indian primary market on 22nd February 2024 i.e. on Thursday last week. the public issue will remain open till 26th February 2024 i.e.

Gujarat Home Minister Harsh Sanghvi has said that Prime Minister Narendra Modi will be visiting Dwarka and will inaugurate the Sudarshan Setu bridge on February 25. «PM Modi will inaugurate the Sudarshan Setu bridge in Dwarka on February 25. This bridge in itself is a good model and its visuals have become famous in the country. The way Dwaraka is decorated during Janmashtami similarly, ahead of PM Modi's arrival the people have decorated the entire city. Everyone is very eager for the arrival of the Prime Minister,» Gujarat Home Minister told ANI. Along with this, Gujarat Minister Rushikesh Patel on Friday said that Prime Minister Narendra Modi will be visiting Rajkot on February 25 and will inaugurate the All India Institute of Medical Sciences (AIIMS) indoor-patient department.

(Reuters) -Credit Rating agency Moody's (NYSE:MCO) said on Friday that the recently reported hack against UnitedHealth Group (NYSE:UNH) was «credit negative» for the company.

₹177-186, according to the data available on the stock exchanges. Overall, the issue was subscribed 0. 85 times at the end of the second day for subscription.

₹177 to ₹186 per equity share.' GPT Healthcare IPO is open for subscription and will close on 26 February. The price band of the issue is ₹177 to ₹186 per equity share. The minimum lot size for an application is 80 Shares.

Angel One plans to raise funds up to ₹2000 crore via preferential issue, further public offer, qualified institutions placement (QIP) or other modes, said the company in its BSE filing on Thursday. The plan to raise funds via different modes was approved at the Board of Directors meeting held earlier in the day.

hybrid mutual funds that gained over 40% in the last 1 year. Hybrid funds invest in both equity and debt with the goal of balancing risk and reward, and optimizing investment returns. The tax treatment of equity-oriented hybrid schemes is similar to that of equity schemes, while debt-oriented hybrid schemes are taxed in the same way as debt schemes.

doctor loan stands as a pivotal tool tailored to meet your specific needs and goals. That's why Bajaj Finance offers the doctor loan, meticulously crafted for medical professionals like you. Doctors across various states in India, such as Maharashtra, Tamil Nadu, Andhra Pradesh, Gujarat, and others, can effortlessly access a Bajaj Finserv Doctor Loan.

Financial planning is deeply personal and relies on individual circumstances and goals. A universal approach that fits everyone wouldn’t be effective in this context. Initially, your priorities and requirements will vary based on your age and life stage.

Banyan Tree Growth Capital, GPT Healthcare operates multispecialty hospitals under the ILS brand in eastern India. The Kolkata-based healthcare company is rolling out a ₹525 crore IPO comprising an offer of sale of ₹485 crore and a fresh issue of ₹40 crore. The IPO represents 34% of the post-paid capital of the company. Business: Set up in 2000 as an eight-bed hospital at Salt Lake in Kolkata by laparoscopic surgeon Dr Om Tantia, the company now operates four secondary and tertiary care hospitals in Dum Dum, Salt Lake and Howrah in West Bengal and Agartala in Tripura with a total capacity of 561 beds. Each of these hospitals provides integrated diagnostic services and pharmacies. It has signed MoUs for setting up hospitals in Raipur, Chhattisgarh, and Ranchi, Jharkhand that are likely to be operational in 2025-26. The management has plans to expand operations in other tier-II cities such as Varanasi, Patna, Guwahati, Kanpur and Cuttack. However, new hospitals have longer gestation periods to mature and provide returns.

₹157.54 crores from anchor investors ahead of its initial public offering that opens for public subscription on Thursday, February 22, 2024. The company informed the bourses that it allocated 84,69,996 equity shares at ₹186 per share on Wednesday, February 21,2024, to anchor investors. Also read: GPT Healthcare IPO opens tomorrow: GMP, issue details, 10 key things to know before investing in ₹525-crore issue Foreign and Domestic Institutions who participated in the anchor were Kotak Mutal Fund, Axis Mutual Fund, Bandhan Mutual Fund, Aditya Birla Life Insurance, Societe Generale, Duro One Investments Limited, India Capital Growth Fund, Copthall Mauritius, LC Pharos Multi Strategy Fund, Subhkam Ventures and DE Shaw.