Hospital Financial News

Munawwar Rana on Sunday breathed his last at Sanjay Gandhi Post Graduate Institute of Medical Sciences in Uttar Pradesh's Lucknow following a cardiac arrest. Munawwar Rana was 71 at the time of his death. The Urdu poet had been battling lung and throat infection since 2017 and was also receiving treatment regularly due to kidney problems for which he had to undergo dialysis.

As Canada’s health-care system grapples with yet another season of respiratory illnesses, doctors are raising the alarm over its ability to stay afloat.

₹25 crore and revenue of a little over ₹1,000 crore in FY23. In 2014, Italian group Lavazza Spa sold Barista to New Delhi-based Carnation Hospitality for ₹100 crore after failing to turn the group around. Coffee Day slid into bankruptcy in 2023.

Medi Assist Healthcare IPO: The mainboard initial public offering (IPO) of insurance-tech company will be opening for subscription from tomorrow, January 15, 2024. The company is a third-party administration (TPA) services provider to insurance companies and offers offers medical insurance and cashless hospitalization through a network of healthcare service providers. The company also acts as a mediator between general and health insurance companies and their insured members, insurance companies and healthcare providers (such as hospitals), and the government and beneficiaries of public health schemes.

The good news is the probability of a recession is down sharply, according to The Wall Street Journal’s latest survey of economists. The bad news is that, for a lot of people, it is still going to feel like a recession. Business and academic economists surveyed by the Journal lowered the probability of a recession within the next year, to 39% from 48% in the October survey.

study showed that generalisations of predictions of artificial intelligence-based models across different study centres cannot be ensured at the moment and that these models were «highly context-dependent». Results of the study have been published in the journal Science. Pooling data from across trials too did not help matters, the team found.

In a progressive recent study at Tata Memorial Centre, Mumbai, a cost-effective method to control chemotherapy-induced vomiting has been discovered.

Quebec police are investigating the death of a 15-year-old following a Friday night fall from a ski lift in the town of Morin-Heights, about 70 kilometres northwest of Montreal.

Authorities say a child has died from their injuries after an incident reportedly involving a fold-out bed in a hotel near Quebec City Friday evening.

Maldives said Saturday that his country's small size doesn't give anyone the license to bully it, in a sign of defiance toward India, the archipelago state's giant neighbor. President Mohamed Muizzu, speaking to the media on his return from India's regional rival China, said the Maldives is not in any country's backyard and that the Indian Ocean does not belong to a single country — a reference to a recent tiff between the Maldives and India.

state visit to China, Maldives President Mohamed Muizzu on Saturday struck a defiant note saying that his country may be small but «doesn't give them the license to bully us». His comments came amid a diplomatic row with India over derogatory social media posts by three of his ministers against Prime Minister Narendra Modi. «We may be small but this doesn't give them the license to bully us,» Muizzu, who is regarded as a pro-China leader, said without naming any country.

The Indian wellness industry is sized at USD 42.1 billion in 2023 and is slated to cross USD 70 billion by 2025, growing at a CAGR of 28-30%. Increasingly the traditional boundaries between wellness, hospitality, vacations, and serviced living are blurring, as Indians are now prioritizing health and wellbeing, just like their global counterparts.

Robots of all kinds caused a stir on the show floor this week at the annual CES technology trade show in Las Vegas

Israel is rejecting allegations levied by South Africa that its campaign against Hamas amounts to genocide against the Palestinian people

classical singer and Padma Vibhushan recipient Dr Prabha Atre passed away following a cardiac arrest at her residence here at the age of 92 early on Saturday, sources close to her said. Atre, a torch-bearer of the Kirana Gharana of Hindustani classical music, had been honoured with all three Padma awards by the Indian government. «Atre suffered a cardiac arrest during her sleep at her residence.

UPI. “In 2024, UPI will continue to grow at about 60% in terms of volume above 2023 UPI transactions; P2M will continue to trend higher than that of P2P transactions; P2M will be about 60% of the total UPI volume," said Mehul Mistry, Global Head-Strategy, Digital Financial Services & Partnerships, Wibmo, A PayU Company.

By Nandita Bose and Trevor Hunnicutt

₹5 lakh to ₹10 lakh in the interim budget on 1 February, two officials aware of the matter said. The Union budget for FY24 had allocated ₹7,200 crore for Ayushman Bharat, a number that may more than double to around ₹15,000 crore in FY25. The health ministry has requested the finance ministry for ₹1.1 trillion for FY25, up 23% from ₹89,155 crore in FY24, said one of the two officials cited above, both of whom spoke on the condition of anonymity.

Benchmark NSE Nifty closed 247.35 points up at 21894.55 amid buying in frontline bluechip counters. However, stocks such as M K Proteins, Digidrive Distributo, Stampede Cap(DVR), Raj Rayon and Happy Forgings, touched their fresh 52-week lows.

Rajshree Sugars & Chemicals Ltd.(up 2.30%), Kothari Sugars & Chemicals Ltd.(up 1.75%), Bannari Amman Sugars Ltd.(up 0.78%), Triveni Engineering & Industries Ltd.(up 0.34%), Mawana Sugars Ltd.(up 0.27%), EID Parry(India)Ltd.(up 0.22%) and Uttam Sugar Mills Ltd.(up 0.08%) stood among the top gainers. DCM Shriram Industries Ltd.(down 2.47%), Ponni Sugars(Erode)Ltd.(down 1.53%), Simbhaoli Sugars Ltd.(down 1.39%), Avadh Sugar & Energy Ltd.(down 1.27%), KCP Sugar & Industries Corporation Ltd.(down 0.97%), Magadh Sugar & Energy Ltd.(down 0.94%), Bajaj Hindusthan Sugar Ltd.(down 0.90%), Balrampur Chini Mills Ltd.(down 0.84%), Dalmia Bharat Sugar and Industries Ltd.(down 0.38%) and Dhampur Sugar Mills Ltd.(down 0.38%) were among the top losers of the day.

Sensex climbed 63 points to settle at 71,721, while the Nifty gained 28 points to end at 21,647. Stocks that were in focus included names like HCL Tech, which rose 0.02%, SBI Life, which fell 1.48%, and Apollo Hospitals, whose shares jumped 1% on Thursday. Here's what Avdhut Bagkar, Derivatives & Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today.