Healthcare Financial News

Taranjit Singh Sandhu, offered prayers at a gurudwara in Long Island in New York on the occasion of Gurpurab where a group of Khalistani supporters heckled him but they were escorted out by members of the Sikh community. «Privileged to join the local Sangat, including from Afghanistan, at Guru Nanak Darbar of Long Island in celebrating Gurpurab- listened to Kirtan, spoke about Guru Nanak's everlasting message of togetherness, unity, & equality, partook langar, and sought blessings for all,» Sandhu said in a post on X on Sunday. Sandhu received a warm welcome at the Hicksville Gurdwara against the perceived notion of opposition from Khalistanis.

₹24,500 billion) by FY26, with electronics exports expected to hit $120 billion by then. These projections depend on India gradually reducing its dependence on electronics imports. At present, India fulfills a majority of its electronic needs through imports.

global megatrends in 5G, data centers, electronic vehicles, healthcare, artificial intelligence, and Industry 4.0. Three EMS players namely Kaynes, Avalon, and VVDN entered into Transfer of Technology (ToT) licensing with the Central government for the development of Advanced Computing (CDAC) for developing ‘high performing computing servers (HPC)’. The supply chain has still not come up in India and EMS players are dependent on component imports. The government has recently given approvals for defence acquisitions/procurements amounting to ~INR78b. In the long term, combined revenue for the MOSL EMS coverage basket is poised to register a 38% CAGR over FY23-26E, aided by an improvement in high-value product mix (box builds) and increasing order flows from high-margin industries such as A&D, Clean Energies, Industrials, etc. Consequently, combined EBITDA margin is likely to expand by a few basis points more to reach ~14.0% by FY26, with EBITDA CAGR of ~40% to reach INR19.8b over FY23-26 from INR7.3b only in FY23 The Jul-Sep quarter is a seasonally weak period for the EMS industry.

Pradhan on Sunday said that the Centre has advised IITs and IIMs to become multi-disciplinary to venture beyond their respective areas of specialisation. Pradhan, while speaking at the inauguration of Odisha Research Centre, said priority has been given to imparting multi-disciplinary education through the National Education Policy, 2020 and IITs and IIMs will also move in this direction.

Meena is far more comfortable now with hailing an autorickshaw in Bengaluru. Namma Yatri, the Bengaluru-based autorickshaw service built on a digital public goods framework, knows she needs a ride that’s disability-friendly. The autorickshaw driver who goes to pick her up is trained and aware of the needs of persons with disabilities, a factor that allows Meena to be more mobile and independent.

The digital currency XRP is at the center of discussions about revolutionizing the global finance system, with Edward Farina from XRP Healthcare suggesting the coin could see an unprecedented rise in value if it captures even a fraction of the market currently dominated by SWIFT. Farina highlighted XRP's potential during today's conversations, citing its transactional efficiency and scalability as key factors that could see it become a major player in international finance.

AAP has the blessings of millions of people who have benefitted from schemes for free healthcare, good education and pilgrimages, Delhi Chief Minister Arvind Kejriwal said on Saturday. Interacting with elderly pilgrims scheduled to depart for Dwarkadheesh under the Mukhya Mantri Tirth Yatra Yojna, he said the Aam Aadmi Party will implement the scheme wherever it forms government.

India’s private sector investment pickup will not be broad-based and will follow the pattern of international investments in the country, said a top functionary of management consultancy firm Arthur D Little. “Private capex will not be so spread out across sectors. Those sectors where international players have come in, you will see private capex coming in because there will be support infrastructure required for those large industries,” Thomas Kuruvilla, managing partner of Arthur D Little Middle East and India, told ET. Experts have been pointing out that private investment will be the primary driver of economic activity in the coming fiscal year. “We have many international investors coming into India, like Apple.

Max Healthcare Institute Ltd. The courses will be certified by the National Council for Vocational Training (NCVT) and are aligned with the guidelines of the Tourism and Hospitality Skill Council (THSC), officials said.

By Stephen Culp

Fortis Healthcare said on Friday that it has signed definitive agreements to sell Fortis Malar Hospital in Chennai, to MGM Healthcare Private Limited for about Rs 128 crore. The deal is for the sale of the business operations along with the land and building assets pertaining to Fortis Malar Hospital situated at Gandhi Nagar, Adyar in Chennai. The transaction will be an all-cash deal and is estimated to be consummated by end of January 2024, the company said in a statement to stock exchanges. The divestment is a part of Fortis’ ongoing portfolio rationalization strategy in order to focus on deepening its presence in select geographic clusters where it has a sizable presence.

Star Health and Allied Insurance Company Ltd Share Price: Shares of Star Health and Allied Insurance have been on uptrend in the last few sessions after reporting decent July-September quarter results for fiscal 2023-24 (Q2FY24). Domestic brokerage firm Geojit Financial Services has upgraded its rating on the large cap to a ‘buy’ call and sees 17 per cent returns over the next 12 months. At a current market price (CMP) of ₹560, Geojit has given a target price of ₹653 and sees potential returns from Star Health increasing to over 17 per cent in one year.

Fortis Healthcare Limited, a comprehensive healthcare service provider, on Friday, announced that it has finalized agreements for the sale of Fortis Malar Hospital in Chennai to MGM Healthcare Private Limited. The agreed sale consideration is approximately ₹128 crore.

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₹54.5 lakh crore, implying 16.6% holdings of overall Indian equities as of November 2023 which is the lowest since 2012, as per ICICI Securities. FPIs have sold Indian equities worth more than ₹40,000 crore since September this year.

Often pregnancy cost is not covered in health insurance at least for two years and in some cases it can be more. It becomes very challenging when you have to bear this cost entirely from your own pocket along with other medical expenses that you come across during this critical period. It is important to make a budget and plan your expenses in case your spouse is pregnant, and you are expecting delivery within a few months.

GMP: The company's shares in the grey market are trading at a healthy premium of ₹76, indicating a 45 percent premium at listing. However, one must note that grey market premium is only an indicator of how the company's shares are performing in the unlisted market and can change quickly. The ₹501 crore IPO of Gandhar Oil opened for subscription on November 22 and will close on November 24.

health insurance is crucial for ensuring financial protection in case of medical emergencies. However, it is disheartening to know that a majority of claims get rejected by insurance companies. According to Policybazaar, 75% of health insurance claims in India are rejected.

On 7 November, amid a debate in the Bihar assembly, the state’s chief minister Nitish Kumar made noteworthy remarks. He attributed Bihar’s decreasing fertility rate to the rising educational levels of women. Kumar then gave a detailed explanation of how education equips women with basic sexual knowledge, enabling them to use “withdrawal," a commonly recognized contraceptive method.

Ronald D. Lee is Director of the Center on Economics and Demography of Aging at the University of California, Berkeley. Speaking to Srijana Mitra Das, he outlines work, health and wealth in a world that is maturing: Q. What is the core of your research? I am interested in the web of connections among people of different ages — these include economic connections which are mostly outside the market, such as in the family or public sector, and how those get affected by changes in population age.

Balrampur Chini Mills, Hindustan Copper, Hindustan Petroleum Corp Ltd (HPCL), Indiabulls Housing Finance, India Cements, Manappuram Finance, MCX, RBL Bank, and ZEEL are the nine stocks that are a part of the F&O ban list by the stock exchange for November 24. The NSE updates the list of securities in F&O ban for trade everyday. The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.