Healthcare Financial News

25.01 / 18:31

markets economy wellness Healthcare performer reports Department US economy brushes aside recession fearmongering with strong Q4 performance

By Lucia Mutikani

25.01 / 17:44

Provident Fox Food Healthcare reports infection symptoms Robitussin cough syrups recalled due to 'microbial contamination,' maker says

Check out what's clicking on FoxBusiness.com

25.01 / 17:37

markets UPS IPO security Healthcare show Updates Four companies get Sebi's nod to launch IPOs

Entero Healthcare Solutions, JNK India, Exicom Tele-Systems and Akme Fintrade (India) have received markets regulator Sebi's approval to raise funds through initial public offerings. However, the Securities and Exchange Board of India has returned the IPO papers of Stallion India Fluorochemicals. As per the processing status of draft offer documents till January 19, the watchdog has approved the initial public offering (IPO) of the four companies.

25.01 / 15:41

IPO Provident Enterprise Healthcare Docmode Health Tech IPO: Check GMP, subscription status on day 1, other key details

Docmode Health Tech IPO: The initial public offering (IPO) of small- and medium-sized enterprise (SME) Docmode Health Technologies received mixed response from investors on Thursday, January 25, as the public issue was subscribed 2.78 times on the first day of bidding. Docmode Health Tech IPO opened for subscription today and will close on January 30, 2023.

25.01 / 11:27

IPO Healthcare Universities hospital 2020 medicines One of world’s richest doctors sees fortune surge to $12 billion

Saudi doctor saw his fortune close in on $12 billion on Thursday as shares of his healthcare firm rebounded, returning him to the ranks of the Middle East’s wealthiest private individuals. Shares in Sulaiman Al Habib’s eponymous company have surged 30% since hitting a one-year low in October. That’s made Al Habib — who founded the firm and holds a 40% stake — the third-richest person in the Middle East who’s not a member of a royal family, according to the Bloomberg Billionaires Index.

25.01 / 08:58

UPS Booking Healthcare trends Trade show Max Healthcare shares fall 0.67% as Nifty drops

Max Healthcare Institute Ltd. traded 0.67 per cent down at Rs 730.9 on Thursday at around 02:10PM (IST), while the benchmark BSE Sensex declined 589.38 points to 70470.93.

25.01 / 07:25

FIVE Healthcare President Celebrity volunteers rights Canada’s largest-known Chase the Ace jackpot has been won — and it’s a big one

The small New Brunswick town of Beresford is now home to overnight multi-millionaires, as a couple from the area became the recipients of the largest-known Chase the Ace prize in Canadian history after winning $8.2 million on Tuesday night.

24.01 / 23:23

markets Citizens Healthcare pandemic Experts Universities Vaccines Alas: Behavioural science should never have become a catch-all term

Till the turn of the century, the term ‘psychology’ connoted any serious study of human behaviour. Maybe it is due to the importance that Behavioural Economics gained since Daniel Kahneman won the Nobel Prize for Economics in 2002 that the term to connote the systematic study of human behaviour has lately changed from ‘psychology’ to ‘Behavioural Science.’ I see many an organization using this term to denote its focus on the study of human behaviour. For some, the addition of the word ‘science’ adds heft to their attempts to bring scientific rigour to the study.

24.01 / 16:53

markets Provident Digital Software Healthcare President Schools Chryscapital-backed Xoriant hires LTIMindtree's Mukund Rao to lead global markets

Xoriant has hired former LTIMindtree executive Mukund Rao as president for global markets, ET has learnt. Based in the US, Rao was the chief business officer of the banking, financial services and insurance (BFSI) vertical at LTIMindtree (with Mindtree before the merger with L&T Infotech) for over four years.

24.01 / 11:03

markets Manufacturing Action Healthcare reports Updates International Tech Mahindra Q3 Results: Net profit falls 61% YoY to ₹510.4 crore, revenue at ₹13,101 crore

₹510.4 crore in the December 2023 quarter from ₹1,296.6 crore in the year ago period. The revenue from operations of the company came down 4% year-on-year from ₹13,734.6 crore in Q3FY23 to ₹13,101.3 crore during the period under review. The Q3 earnings for Tech Mahindra are in line with the expectations as the company's fiscal health remains impacted by the seasonal factors, ongoing challenges in the communications sector, and subdued discretionary expenditures in crucial markets.

24.01 / 10:41

FIVE Digital Citizens Sustainability Remark Nestle Healthcare Karnataka signs 8 MoUs worth ₹23,000 crore at WEF meet with focus on AI, sustainability, and rural growth

₹23,000 crore of investment into the state at the recently concluded World Economic Forum meet in Davos, Switzerland. Also Read: Karnataka news: Section 144 imposed after quarrel during Lord Ram idol procession in Kalaburagi The state delegation engaged in as many as 50 meetings with industry leaders and signed eight MoUs with different global firms worth ₹23,000 crore "Karnataka successfully signed eight MoUs worth ₹23,000 crore with global companies.

24.01 / 06:56

Target Digital JPMorgan Software Healthcare Trade reports Tata Elxsi shares fall 5% after Q3 results disappoints Street

Tata Elxsi shares price fell nearly 5% to Rs 7,807 in Wednesday's trade on BSE after the design and technology services company reported a 6% year-on-year (YoY) rise in third-quarter profit.

24.01 / 05:11

markets Provident Digital Platform Software Healthcare innovations Top 10 web development companies in USA 2024

Leading Web development companies enable businesses to fully utilise the Internet for efficiency and innovation by offering e-commerce platforms, CMS, web applications, and more. They have a team of web developers who are proficient in delivering effective and user-centric solutions for several industries, including healthcare, finance, education, e-commerce, and many more.

24.01 / 01:47

UPS Sony Healthcare Trade Indus track reports Stocks in news: Tech Mahindra, Bajaj Auto, ZEE, Tata Steel, Axis Bank, L&T Finance

Axis Bank, ZEE, Cipla among others will be in focus due to various developments and quarterly numbers. Here's a complete list of stocks for investors to track.

24.01 / 01:47

markets Citi Digital Platform wellness Healthcare tenor MedPlus promoter to refinance debt held by Warburg Pincus

promoter of the second-largest pharmacy retail chain MedPlus Health Services, is set to refinance the debt held by private equity firm Warburg Pincus, said sources familiar with the matter.

24.01 / 01:37

markets Target Healthcare trends President Experts recommendations Buy or sell: Vaishali Parekh recommends three stocks to buy today — January 24

Buy or sell stocks for today: Following an eventful weekend, the Indian stock market had an enthusiastic opening on Tuesday, but as the day unfolded, it came under sell-off pressure and witnessed a bearish reversal. The Nifty 50 index finished 1.54% lower at the 21,238 level, the BSE Sensex crashed 1,053 points and closed at the 70,370 mark whereas the Bank Nifty index tanked 1,043 points and ended at the 45,015 level.

24.01 / 01:15

Aware Healthcare Celebrity 2020 Schools Equality inequality National Girl Child Day 2024: Why the event is celebrated on January 24? History, theme and significance

Beti Bachao, Beti Padhao (Save the Girl Child, Educate the Girl Child). National Girl Child Day was established by the Ministry of Women and Child Development in 2008. Since then, every year the day has been celebrated across India with a common annual theme.

23.01 / 18:36

markets Healthcare trends country hospital patient pneumonia Cold & poor air leading to a surge in respiratory illness: Docs

respiratory illnesses such as asthma, chronic obstructive pulmonary disease (COPD), bronchitis, and pneumonia are increasing amid poor air quality and severe cold conditions in many parts of the country. Even after patients recover from the acute phase, the cough seems to persist for days and weeks in many cases, doctors said. Sandeep Budhiraja, group medical director at Max Healthcare, said the Delhi-headquartered chain's hospitals are seeing an increase in the number of patients coming with various types of respiratory illnesses, viral illnesses, and flu-like symptoms.

23.01 / 17:27

Healthcare Aster DM shareholders approve sale of Gulf business

Aster DM Healthcare on Tuesday said its shareholders have voted in favour of resolutions towards the separation of the GCC business from the Indian operations, and the sale of majority stake in the Gulf business to private equity firm Fajr Capital in a $1 billion deal.

23.01 / 15:01

UPS Digital Healthcare fun reports Schools Zomato-backed fitness startup Cult.fit lays off over 100 employees

Cult.fit has laid off 100 to 120 employees as part of a cost-cutting exercise, people in the know told ET. The firm’s parent entity, Curefit Healthcare, also runs other brands like Sugar.fit and Carefit, and is backed by the likes of Tata Digital and food-delivery major Zomato.

23.01 / 10:57

markets Software Healthcare Trade performer reports Persistent Systems' pricey valuation leaves no room for disappointment

₹8,713.70 on Tuesday. This growth was primarily driven by its healthcare and life sciences vertical, while the troubled BFSI and software segments lagged. Despite the positive results, caution is advised going ahead.

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