Hospital Financial News

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.

₹1 lakh crore, making it the sixth firm to achieve this milestone. During Friday's trading session, Tata Consumer stock recorded a 3.8% increase, propelling it past this significant market capitalization threshold.

swimming pool of Prestige Lakeside Habitat apartment in Bengaluru's tech corridor, Varthur-Gunjur road. The incident occurred on Thursday night, a TOI report stated. The young victim, identified as Manasa, was the daughter of Rajesh, an employee of a private company. Manasa and her family resided in tower 17 of the apartment complex.

Ayodhya is all geared up for Prime Minister Narendra Modi's visit on December 30, with the city being decked up with flowers, murals and thematic ornamental columns amid heavy security deployment in the temple town. Divisional Commissioner of Ayodhya, Gaurav Dayal said preparations are in full swing for the visit and despite dense fog in the city in the last two days, all arrangements are on course. Modi will visit the town on Saturday to inaugurate the redeveloped Ayodhya railway station and a new airport.

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.

ANI. Safdarjung Hospital has reserved 50 beds for isolations and 9 ICU beds along with arrangements related to oxygen, PPE kits and Covid testing. In Lok Nayak Jai Prakash Narayan Hospital, separate help desks has been set up for Covid-19 patients.

Ayushman cards — which enable free treatment of up to Rs 5 lakh per anum per family at empanelled hospitals — have been generated during the ongoing Ayushman Bhava campaign. More than five crore Ayushman Bharat Health Accounts (ABHA) were also created during the campaign, the Union Health Ministry said on Friday. This is reflective of data up to December 28, it said.

Sandur Manganese & Iron Ores(up 2.18%), Pokarna(up 0.34%) and Orissa Minerals Development Company(up 0.26%) were among the top gainers. Ashapura Minechem(down 2.67%), 20 Microns(down 1.81%), KIOCL(down 1.59%), Coal India(down 1.26%), NMDC Ltd(down 1.13%), MOIL(down 0.95%), Aro Granite Industries(down 0.92%), Gujarat Mineral Dvpt Corporation(down 0.71%), Madhav Marbles and Granites(down 0.57%) and Oriental Trimex(down 0.53%) were among the top losers.

Lt Governor and the bureaucracy and a short-lived promise of authority after a Supreme Court verdict on control over Services-related matters marked an action-packed 2023 for Delhi's AAP government. Hardly a week after the Supreme Court on May 11 granted Delhi's elected AAP dispensation executive control over Services-related matters, including appointments and transfers of bureaucrats, the BJP-led Centre brought legislation to again tilt the balance in favour of the Lt Governor.

Narayana Hrudayalaya Ltd, part of the hospital sector, has fallen by about 10% from its record high and is consolidating in a narrow range forming a Flag-like pattern on the daily charts. The stock is on the verge of a breakout from a Flag pattern. Hence, short-term traders can look to buy the stock for a retest of its record high and a possible move towards 1500 levels, suggest experts. The stock hit a record high of Rs 1314 on 21st November 2023, but it failed to hold on to the momentum.

Transformers and Rectifiers(India)(up 10.51%), Kalpataru Projects International(up 9.60%), KPI Green Energy(up 9.01%), Indo Tech Transformers(up 4.30%), Alstom T&D India(up 4.29%), Energy Development Company(up 2.76%), DPSC(up 2.54%), Orient Green Power Company(up 2.10%), CESC(up 1.66%) and JSW Energy(up 1.37%) were among the top gainers. Inox wind(down 1.53%), NTPC(down 1.16%), Gujarat Industries Power(down 0.90%), PTC India(down 0.81%), Power Grid Corporation of India(down 0.75%), SJVN(down 0.44%), NHPC(down 0.38%), Adani Power(down 0.27%) and KEC International(down 0.19%) were among the top losers.

financial literacy is apparent as an increasing number of individuals are now engaging in mutual fund investments. Mutual funds remain the preferred investment option for Indians, with fixed deposits following closely behind. Investors stuck to the trammels of convention when deciding how to invest their money for greater returns.

PTI, Karnataka CM stated on Thursday that the state government is planning to introduce an ordinance to enforce this requirement. However, he issued a cautionary statement following the recent vandalism of business establishments by pro-Kannada activists. “Anyone can protest but no one should cause damage to government or public property," he asserted.

—Name withheld on request When you get admitted in a hospital, you have two ways to make a health insurance claim. You can either opt for reimbursement where you get treated and submit the bills later to get the money back or opt for cashless claim by getting a claim approved before admission. If you have health insurance from two different insurers, getting a pre-approval for cashless claim from both insurers won’t be possible as only one claim request can be typically handled for cashless claim.

Covid-19 cases continued on Thursday, with 702 new infections reported across the country, according to the data from the ministry of health and family welfare. With this, the country's active caseload stands at 4,097. Six Covid-related deaths were also reported, with two deaths reported in Maharashtra and one each in Karnataka, Kerala, West Bengal, and Delhi within the last 24 hours.

Rideau River in the south Ottawa suburb of Manotick on Wednesday night.The Ottawa Paramedic Service says they were called to Nicolls Island Road around 9:30 p.m. The service says that two of the teenagers, a 15-year-old girl and 17-year-old boy, were able to get themselves out of the river before they arrived.Both youths were taken to hospital and treated for mild hypothermia.

A Palestinian journalist posted pictures of Israeli tanks near a mosque in a built-up area of Bureij which had apparently advanced from orchards on the eastern outskirts. Further south, Israeli forces struck the area around a hospital in the heart of Khan Younis, the Gaza Strip's main southern city, where residents feared a new ground push into territory crowded with families made homeless in 12 weeks of war. Palestinian health authorities said 210 people were confirmed killed in Israeli strikes in the past 24 hours, raising the toll of the war to 21,320 dead — nearly 1 percent of the enclave's population. Thousands more dead are feared to be buried or lost in the ruins. Israel has escalated its ground war in Gaza sharply since just before Christmas despite public pleas from its closest ally the United States to scale the campaign down in the closing weeks of the year. It launched the war to destroy the Hamas movement that runs Gaza after fighters rampaged through Israeli towns on Oct.

₹6,000 a night, according to ratings agency Icra. Hotel revenues saw a robust 20% increase over 2022 while operating margins surpassed the 30% mark. Occupancy rates for top hotel firms, with an inventory of 70,000 rooms, are expected to rise by 10% compared to the previous year, to 74%, according to Crisil.

Strong consumer demand will help India retain its spot as the fastest-growing economy in 2024 despite global headwinds, industry body Associated Chambers of Commerce & Industry of India said Thursday. The chamber noted that consumer demand would likely drive investment in construction, hospitality, and infrastructure, including railways and aviation. “India Inc., led by financials, construction, hotels, aviation, automobile and other manufacturing areas like electronics, are on a strong pitch to further improve performance in the new year,” the body noted in a statement, pointing to low crude oil prices helping drive growth. Construction and infrastructure-related sectors have received a push, with the government capex spending rising so far in FY24. “Sectors like construction have several related industries which too have gained momentum.

Also Read: Stock market in 2023: Here are 10 key milestones achieved by Indian stock market this year The central bank also announced a slew of important developmental and regulatory policies this year for the financial sector in the country. Here are top 5 policy announcements by the RBI this year: The RBI began 2023 with an increase in repo rate during its February monetary policy, the first for this calendar year 2023. It hiked the lending rates by 25 bps to 6.50% to counter the surging inflation.

Gujarat records highest number of JN.1 variant cases As per Health Ministry sources, with 109 JN.1 COVID variant cases, as many as 36 cases were reported from Gujarat, 34 from Karnataka, 14 from Goa, 9 from Maharashtra, six from Kerala, four from Rajasthan, four from Tamil Nadu and two from Telangana, the sources said. 2. Delhi reports 1st JN.1 sub-variant case Amid rising COVID-19 cases across India, Delhi on Wednesday reported its first case of COVID-19 sub-variant JN.1, officials were quoted as saying to PTI.