Healthcare Financial News

Wonder Cement Ltd. has marked another milestone with its announcement to establish a state-of-the-art cement manufacturing facility at Tulsigam, Gujarat. Tracing back to 2012, the foundation stone of Wonder Cement's journey was laid with the Nimbahera plant in Rajasthan, having a cement capacity of 3 MTPA.

By Michael Erman and Patrick Wingrove

Apollo Hospitals Enterprise Fortis Healthcare Max healthcare Institute Narayana Hrudayalaya have seen handsome gains of 27-58% during 2023. Global Health (Medanta) has seen its share price more than double. The stellar gains for the hospital stocks have been driven by improving earnings outlook.

Government doctors in Haryana went on a strike on Friday to press their demands for formation of a specialist cadre and a reduction in the bond amount for postgraduate courses, impacting outpatient department (OPD) services in some hospitals. This is the second time this week that government doctors in the state have gone on a strike. They first went on a strike on Wednesday.

BSE Sensex delivered returns exceeding 18% over the course of the year. Notably, the broader markets displayed remarkable outperformance, with the Nifty Smallcap 100 index surging over 54% and the Nifty Midcap 100 recording a robust increase of more than 45% in 2023. As the financial landscape transitions into the new year, analysts at Standard Chartered have upgraded Indian equities to Overweight.

Benchmark Nifty 50 rallied over 8% in the December derivative series, clocking its best gains in a series since February 2021. This was also the highest series gain by the index in 2023. Further, foreign institutional investors significantly increased their net long positions, taking the long-short ratio sharply higher to 2.28 at the beginning of the January series from 0.56. Open interest in Nifty January futures at over Rs 301 billion or 13.9 million shares, is the highest seen since the April derivative series, pointed out analysts. The base with which the new year and the January series begin shows the ultra-bullish sentiment prevailing in the market. However, most analysts have sent out a word of caution and believe that a trend reversal is quite possible in the current series. “It’s quite evident that FIIs, previously leaning towards a short bias, have now pivoted strongly towards a long bias and their current index future long positions make up nearly 70% of the total open interest.

NEW DELHI : The government plans to certify individuals who may not have the prescribed qualifications to be healthcare practitioners but bear knowledge gained from previous generations for certain treatments, such as for snake bites, jaundice, and bone-setting, two officials said. “They have the expertise and experience, but they do not have any qualification or formal degrees and it stands in the way of their social acceptance," one of them said.

MUMBAI : Rajiv Jain-led GQG Partners has accounted for more than a fourth of the entire net foreign portfolio investment (FPI) inflows into India in 2023. Of that investment, more than 80% went into the Adani Group, and the rest into five other listed companies. Returns on the investments, too, were impressive.

Real Housewives of Beverly Hills," Teddi Mellencamp recently revealed her post-surgery recovery journey following melanoma treatment. Mellencamp underwent an extensive procedure known as wide excision surgery, emphasizing the importance of regular skin examinations during her healing process. In an open portrayal on her social media platform, Mellencamp detailed the intricate surgical steps involved in removing the melanoma and reconstructing the affected area with skin from another part of her body. Despite the expected discomfort, Mellencamp expressed gratitude for the surgery's success, underlining its indispensable role in her overall well-being.

economic ties with India, while meeting the country’s top diplomat, currently on a five-day visit to Moscow and St. Petersburg. Industry and Trade Minister Denis Manturov told External Affairs Minister S Jaishankar that despite the challenges faced by both countries, economic ties are developing rapidly. “There is no doubt that Russian-Indian trade will exceed the significant milestone of $50 billion by the end of this year, and set a new historical maximum,” Manturov remarked.

We shouldn’t worry about the ability of artificial intelligence to create bioterrorism weapons. Restricting AI’s ability to understand biology and chemistry would pose a far greater danger. Evil is easy.

The 30-share BSE benchmark Sensex advanced 372 points or 0.52% to settle at 72,410. The broader NSE Nifty surged 124 points or 0.57% to end at 21,778. Among the Sensex stocks, NTPC, M&M, Power Grid, and Nestle were the top gainers, rising 2-3%.

financial planning, providing a holistic perspective on individuals' financial landscape. Tailored for mid-to-high-net-worth individuals, its primary objective is to foster the growth and efficient management of their wealth. As we navigate the complexities of financial planning, the presence of inherent risks and challenges, particularly in terms of tax savings, often obstruct the strategic preservation of wealth.

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personal loans. Unravelling the destination of these trillions in personal loans poses a captivating and pivotal question. Discerning where this capital is directed enables us to assess the influence of credit expansion on the Indian economy and pinpoint potential areas of concern.

Mint, Pratap Khedkar, chief executive of ZS, said the company reported sustained growth in contrast to the top IT service providers due to resilient tech spending across the pharmaceutical sector. He also spoke about how global pharma giants are prioritising tech investments to grow revenues, over margin expansion, and the distinction bletween artificial intelligence advanced statistics, and process automation. Edited excerpts: How is the downturn in IT affecting ZS? Most of India’s tech majors operate across nearly 50 industries, while ZS focuses only on healthcare.

ChrysCapital is in final discussions to acquire a significant minority stake in New Delhi's Centre For Sight, valuing the eye hospitals chain at Rs 1,600 crore, said people aware of the development. Delhi-based ChrysCapital's proposed investment of Rs 800-1,000 crore (about $100 million) will give an exit to Mahindra Partners, the PE arm of Mahindra & Mahindra, which owns about 32% stake in the chain, they said.

Bandhan Bank is selling its ₹775-crore affordable home loan portfolio to Avenue Capital-backed Asset Reconstruction Company India (Arcil) for ₹280 crore in an all-cash deal, said people with knowledge of the transaction. This transaction highlights the emerging stress in lower-income groups, where customers are unable to pay ₹10-12 lakh loans taken to buy their homes.

COVID cases in recent weeks, largely due to the influx of a new strain JN.1, health experts have warned that this will increase the chances of potential heart issues for those who catch the disease. It could trigger a "heart failure pandemic" with experts sending a huge warning about a new and worrying «global healthcare risk». The researchers at Japan's top institute Riken have warned in a report that the ACE2 receptors that coronavirus clings to within human cells are «very common» in the heart. Consequently, many of those who get infected with the virus, suffer from «reduced cardiac function».

Electric blankets tackle this problem at the root, and makes your bed warm and comfortable before you to go to bed. In a market filled with choices, finding the right electric blanket can be a bewildering task. The ideal electric blanket should not only provide warmth but also ensure safety, ease of use, and longevity.

Covid-19 to remain in home isolation for a period of seven days. Additionally, all symptomatic primary contacts of these individuals will also be tested. This decision was taken by a cabinet sub-committee on Covid-19, chaired by health minister Dinesh Gundu Rao, during their meeting at Vidhana Soudha on Tuesday.