Hospital Financial News

IPO) of Ventive Hospitality will open for subscription today. The Rs 1600 crore issue, which is entirely a fresh equity sale of 2.48 shares, will be available for bidding till December 24. The proceeds from the offer will be used for repayment of debt, payment of interest accrued in step-down subsidiaries and general corporate purposes.

Varun Saboo, Head-Equities, Anand Rathi Shares, says there is no reason why Nifty should trade anything below 18 times in general. He does not see those times coming back where we go down to 15 times earnings. Because whatever said and done, our growth rates are much better than any country in the world, so that premium, that multiple to peg will remain and the Nifty will remain firm. However, one has to see how the Jan and next earnings season pan out. Among the biggest losers among banks in 2024, one can bottom fish in Bandhan Bank next year. Towards the fag end of the year and perhaps the start of the new year as well volumes, cues, are going to dry up and then will come the January earnings followed by budget, etc. What do you think the market construct is going to be? Will this kind of volatility persist or is it going to become more lacklustre with the drying up of volumes? Varun Saboo: There are two-three things which you are talking about.

Toronto police officer has died after being involved in executing a search warrant Thursday morning, multiple police sources say.The officer’s death was confirmed by Toronto police in a post on X late Thursday morning.“It is with profound sadness that we confirm the passing of one of our officers while on duty this morning,” it said.“We are in the process of notifying the officer’s family and will share further updates in the coming hours.”The force added preliminary information suggests the cause of death may be medical.“Our heartfelt thoughts are with the officer’s loved ones, friends, and colleagues during this incredibly difficult time,” police said.Sources told Global News the officer, who was a member of the hold-up squad, was found in the parking lot of 31 Division, which is located in North York. The officer was rushed to hospital where he was pronounced dead.The Toronto Police Association (TPA), which represents almost 8,000 uniform and civilian members of the Toronto Police Service, said in a notice to its members the operation the officer was involved in occurred during the early morning hours.“During the operation, one of our officers experienced a medical episode.

RG Kar hospital moved the Calcutta High Court on Thursday, seeking a fresh investigation into the crime. Expressing a lack of confidence in the ongoing probe into the incident that led to huge protests, they prayed for a direction for a fresh investigation into the rape and murder of their daughter. Justice Tirthankar Ghosh asked their lawyer to add the CBI, which is probing the case, as a party in the petition and mention the matter again before the court on Monday. The on-duty postgraduate trainee doctor's body was found in the seminar room of the RG Kar Medical College and Hospital on August 9.

MacKenzie Scott continues to make medical debt relief a priority in her mysterious giving

accidentSpeaking about the incident, Maharashtra Deputy CM Eknath Shinde said after a ferry boat capsized off Mumbai coast."I've held talks with both the collectors, the police and Navy personnel present there. More than 100 people (were onboard), and 83 of them have been rescued. The rescue operation is being carried out by the Indian Navy, Indian Coast Guard, the Maritime Board and the coastal police.

Treebo Hospitality Ventures (THV) announced the launch of its new premium hotel brand called ‘Medalio’ on Wednesday. This launch comes close on the heels of the opening of Park Inn & Suites by Radisson Thrissur, the company’s first hotel under its master franchise partnership with Radisson Hotel Group to address the vast opportunity in the mid-market segment with a price range of Rs 3,500-6,000. The company said derived from the word ‘medallion’, Medalio hotels will come with 'elegant' decor, 'spacious' rooms, wider breakfast spreads, and premium Kimirica toiletries besides other amenities.

As per the report, despite setbacks from the Covid-19 pandemic, the tourism and hospitality sector is witnessing a strong resurgence, fueled by domestic tourism. By 2036-37, spending in this sector is projected to rise by 1.2 times, driving the need for an additional 61 lakh workers, comprising 46 lakh males and 15 lakh females.

Subscribe to enjoy similar stories. For years, Sahil and Prerna had yearned for a child, and when the news finally arrived, it was a dream come true. But amidst the initial euphoria, a quiet storm brewed within Sahil.

shooting at a Wisconsin Christian school that killed a teacher and student and wounded several others before she took her own life, police have confirmed.The shooter was identified as Abundant Life Christian School student Natalie Rupnow at a press conference Monday night. Police say the attacker also used the first name Samantha.Madison police Chief Shon Barnes told reporters Rupnow was found with a self-inflicted gunshot wound when officers arrived at the school, and died en route to hospital.Six others were wounded after she opened fire in a mixed-grades study hall, including two students who remain in critical condition.

An Alabama woman received a pig kidney transplant last month and is free from dialysis for the first time in eight years

Subscribe to enjoy similar stories. When I first saw the original blueprint of the Ayushman Bharat Digital Health Mission (ABDM), the feature that really jumped out at me was its anonymizer module. This was the first time that a digital building block designed to de-identify personal data was being built directly into the digital workflow and I was excited by the possibilities that this offered.

"Tata Consumer is a very different business compared to where it was even till last year and very-very different from where it was four or five years ago. And it is this capital allocation intensity of some of our consumption picks, which is what we are trying to play rather than the standard FMCG of a little bit of market share gain in the existing categories and nothing new in terms of capital allocation beyond the core," says Rakshit Ranjan, Marcellus Investment Managers. Well, I directly get into stocks because I look at a couple of your holdings, especially Asian Paints and Titan and both of these two are going through industry disruptions at this point of time. Just this morning, Investec wrote on the paint sector, talking about how Birla Opus is getting a lot of good response from customers. Titan, of course, is going through its own lab-grown diamond disruption. What then still makes you hold these stocks? Rakshit Ranjan: So, both of those are slightly different in nature. Titan is an industry disruption, as you rightly picked it up, whereas Asian Paints is a competitive intensity rising significantly. There are two different parts of how a business gets affected.

The European Union has imposed fresh sanctions on dozens of officials linked to Russia’s war on Ukraine

death toll from cyclone Chido's passage across Mayotte would be in the hundreds, perhaps even thousands, as France rushed in rescue workers and supplies. Their efforts will be hindered by the damage to airports and electricity distribution in the French Indian Ocean territory. Even before the cyclone's passage, clean drinking water was already subject to chronic shortages.

Also Read: I&B ministry confirms Zakir Hussain's death news «My brother is deeply ill at this time. We are asking for all his fans around India and around the world to pray for him, to pray for his health. But as India's greatest ever exports, do not finish him off just yet,» she said.

Sarovar Hotels is broadening focus towards highway hotels and resorts close to major cities, capitalising on the country's rapidly expanding roads network, a top official said. The hotel chain has 80 projects in the pipeline over the next few years as part of its expansion plan, he said. «Highway hotels and resort-concept properties close to cities, within three-four hour journey, are a new high-growth segment for hospitality, at a time when competition is getting intense in urban centres,» Sarovar Hotels Chairman Ajay K Bakaya told PTI in an interview. He said this strategic shift aligns with the ongoing road infrastructure development in the country.

The bus was heading towards the Kurla bus depot from Shivaji Nagar when the victim's two-wheeler came in contact with one of the rear tyres of the bus, and he got run over, the official said. The victim, Dikshit Vinod Rajput, sustained a severe head injury and was rushed to the Rajawadi Hospital, where the doctors declared him dead before admission, he said.

Blackstone Group and Pune-based Panchshil Realty’s joint venture platform, Ventive Hospitality's Rs 1,600-crore initial public offering (IPO) is set to open on December 20 and close on December 24. The anchor book for the maiden share sale of the hospitality asset owner with a primary focus on luxury offerings across business and leisure segments is scheduled to open on December 19. The price band for the issue will be announced on December 17, the company said.

Maxivision Super Specialty Eye Hospital which entered Gujarat in 2023 has about six hospitals. With the expansion plan, the city-headquartered eye care provider would set up 25 hospitals in Gujarat that would generate over 300 new jobs in the region. A state-of-the-art super speciality centre has also been planned to be established in Ahmedabad under the expansion plan, Maxivision Super Specialty Eye Hospital said in a statement here on Saturday. Maxivision Super Speciality Eye Hospital has also partnered with V V Sapovadia to set up new eye care facilities in Bhuj, Suredranagar, Porbandar, Upleta, Bhavnagar and Junagadh.