Hospital Financial News

Aster DM Healthcare on Monday announced its expansion plan for Aster CMI Hospital, a multispecialty hospital in Bengaluru. The unit will have an additional infrastructure expansion of 300,000 sq feet thereby increasing its bed capacity from the existing 500 beds to 850 beds. With this development, the company is further strengthening its presence in Bengaluru, reaching a cumulative bed strength of 1602 beds, thereby becoming one of the largest healthcare providers in the city. The Company will invest around Rs. 250 crore to upgrade the existing facility which is expected to be commissioned by the fiscal year 2027. Spread across an area of 4.45 lakh square feet in Hebbal, Bangalore, Aster CMI Hospital, is one of the leading super-specialty hospitals with contemporary state-of-the-art facilities offering comprehensive primary care to quaternary care services, the hospital said in a press statement.

Aam Aadmi Party’s Rajya Sabha MP Sawti Maliwal on Monday broke down in Delhi’s Tis Hazari Court during the hearing of Delhi CM Arvind Kejriwal’s aide Bibhav Kumar’s bail plea case. Maliwal while addressing Delhi High Court said that if the accused is released on bail, there would be a threat to me and my family. After hearing arguments from both the sides, the court reserved the order on bail of Bibhav Kumar. Here are the top quotes and arguments from the hearing:

doctors from Sasson Hospital in the luxury car accident case where two motorcycle-borne persons were killed earlier this week in Pune city. As per the police, the doctors have been arrested on the charge of manipulating blood samples. The minor accused was taken to the hospital for a medical check-up on the day of the accident on May 19.

Johnny Wactor was shot and killed when he interrupted thieves stealing the catalytic converter from his car in Los Angeles, his family said Sunday. The shooting occurred around 3 a.m. Saturday when the victim approached three men in downtown LA, according to the Los Angeles Police Department. His mother, Scarlett Wactor, told ABC 7 that her 37-year-old son had left work at a rooftop bar with a coworker when he saw someone at his car and thought it was being towed. A mask-wearing suspect opened fire, his mother said.

Israeli airstrike on Sunday hit a refugee camp for displaced people in Gaza killing at least 35 people, mostly women and children, and injuring dozens more, CNN reported citing Palestinian Ministry of Health. The Ministry said that there is no hospital in Rafah with enough capacity to take this number of killed and injured, causing confusion among ambulance teams on where to transfer them.Videos that were posted on social media showed that the area that had been targeted included a large container used as a shelter for dozens of families, surrounded by hundreds of tents.

Payal Kapadia etched her name into the history of Indian cinema when she won the Grand Prix at the Cannes Film Festival. Her Malayalam-Marathi-Hindi language film, ‘All We Imagine As Light’, beat stiff competition from such legendary directors as Francis Ford Coppola, Andrea Arnold, Mohammad Rasoulof, David Cronenberg and Jia Zhang-ke to land the coveted prize.

summer travel this year, with hospitality and travel services providers noticing buoyant demand. Although the ongoing general elections have had a minor impact on corporate and meetings, incentives, conferences, and exhibitions (MICE) business, hotels are finding increased retail business with beach destinations still fighting it out with hill stations for the favoured holiday site. «Those in the northern part of the country head to the hills to escape the heat. There is also movement from the cities to nearby tourist or leisure destinations. Industry sources estimate a 30 to 40% increase in the summer travel this year as compared to last year,» Hotel Association of India, president and Radisson Hotel Group chairman, south Asia, KB Kachru said. MakeMyTrip group CEO Rajesh Magow said, «Summer is always one of the biggest quarters of the year in terms of travel intent, and this year too, the buoyancy in the sector continues. We are observing a healthy growth in searches over those recorded last year at this time.»

Also Read: 'Came to know through news, friend': Fathers of two babies killed in Delhi hospital fire share their plightSpeaking to ANI, Chaudhary said that the hospital had installed over 10 beds when it had permission only for five beds, and 12 newborns were admitted at the time of incident.Further, Delhi Police also said that the doctors at the facility were not qualified to treat a newborn child in need of Neo-Natal Incentive care, as they were BAMS degree holders only."There were no fire extinguishers installed in the hospital in case of eruption of fire. There is no emergency exit in the hospital in case of any emergency," ANI quoted Delhi police as saying.Meanwhile, police have arrested hospital owner Naveen Khichi, and Dr Akash who was on duty.According to reports, in 2021, Khichi was booked for alleged mistreatment of a newborn during treatment, and at that time, it was discovered that the hospital was not registered under the Delhi Nursing Home Act.Meanwhile, Delhi government has orders Magisterial Enquiry into the Vivek Vihar New Born Baby Care Hospital Fire incidentAdditional Chief Secretary, Revenue and and Divisional Commissioner DDMA, Ashwani Kumar directed Shahadra District Magistrate and District Disaster Management Authority will inquire about the fire tragedy.Also Read | Delhi hospital fire: Owner of New Born Baby Care has history of criminal negligence, says reportEarlier in the day, Atul Garg, Director of the Delhi Fire Department said that there were some oxygen cylinders, because of which the blast took place.While six babies were declared brought dead, one died during treatment.

Karachi, Talat Hussain, one of Pakistan's most accomplished and celebrated actors, died on Sunday at a private hospital here following a prolonged illness. He was 83. A radio, TV, theatre, and cinema veteran, Hussain was known for serials such as «Bandish», «Karwaan», «Hawain» and «Parchaiyan» as well as movies «Chiragh Jalta Raha», «Gumnaam», «Actor in Law» and Indian film «Sauten Ki Beti». Arts Council of Pakistan (ACP) Karachi President Ahmed Shah confirmed the news of Hussain's death, adding that the actor had long been undergoing treatment at a private hospital in Karachi. «An acclaimed actor like Talat Hussain is born after centuries,» he said.

ALSO READ: Rajkot gaming zone had one exit point, stock of petrol - What we know so far“Since the market is unauthorised, as per Noida authority, none of the establishments have an approved map which is required to provide a fire NOC. Not a single establishment in the market has a fire NOC," said chief fire officer (Noida) Pradeep Kumar Chaubey, as per the report.The police commissioner has asked the fire department to carry out a fire safety drive “to check the firefighting measures at the commercial establishments in the area, and carry out mock drill to check their fire preparedness".

Also Read: Delhi hospital fire: 7 newborns die of suffocation, PM announces ex gratia of ₹2 lakh"I did not have knowledge of the incident. A friend informed me that there was an explosion in the baby care centre.

seven rescued babies died in the fire incident at the Baby Care New Born Hospital on Saturday night around 11.30 pm, five are undergoing treatment.The hospital is owned by Dr Naveen Khichi who is absconding since the incident, and he is believed to have fled to Jaipur.Also Read: Delhi hospital fire: 7 newborns die of suffocation, PM announces ex gratia of ₹2 lakhAccording to India Today, in 2021, Khichi was booked for alleged mistreatment of a newborn during treatment at the children's hospital.He had also reportedly threatened the couple from Uttar Pradesh's Hathras when they went to him after the hand of their baby was fractured during treatment and procured CCTV footage showing a nurse beating the newborn.In 2021, it was discovered that the hospital was not registered under the Delhi Nursing Home Act.

Narendra Modi has announced an ex gratia of Rs 2 lakh from the Prime Minister's National Relief Fund to the next of kin of each deceased in the fire tragedy at a hospital in Delhi, in which at least seven new-borns were killed. «In the wake of the fire tragedy at a hospital in Delhi, the Prime Minister has announced that an ex gratia of Rs. 2 lakh from PMNRF would be given to the next of kin of each deceased. Rs. 50,000 would be given to each of those injured,» the Prime Ministers' office posted on X. PM Modi also expressed sadness over the fire tragedy.

newborn babies at a children's hospital in east Delhi's Vivek Vihar last night. As many as 7 newborns died on Saturday night as a massive fire broke out at a hospital in Vivek Vihar. In a post on X (formerly Twitter), PM Modi wrote, “The fire tragedy at a hospital in Delhi is heart-rending.

NCPCR has deployed a team to probe into the fire incident at a private children's hospital in east Delhi's Vivek Vihar that left seven newborns dead. The blaze broke out at the Baby Care New Born Hospital around 11:30 pm on Saturday and soon spread to two adjacent buildings. Twelve newborns were rescued from the facility but seven of them died. Five babies are undergoing treatment at another hospital. In a post on X, National Commission for Protection of Child Rights Chairperson (NCPCR) Priyank Kanoongo said the commission has taken cognisance of the fire incident and the newborns' deaths.

fire broke out at a building in Delhi's Krishna Nagar at around 2 am on Sunday, May 26. Seven people were rescued safely by the DFS unit.All three injured persons have been shifted to a nearby hospital for treatment, according to a report published by newswire ANI.This is the second fire accident in Delhi since Saturday night. Yesterday, a massive fire broke out at a children's hospital in Delhi's Vivek Vihar area that claimed seven newborn babies's lives and injured five other kids.

Tata Steel, LIC, IRCTC, Cummins India, Samvardhana Motherson International, Mazagon Dock Shipbuilders, Apollo Hospitals Enterprise, Bharat Dynamics, Aditya Birla Fashion and Retail, and National Aluminium Company, will be releasing their March quarter report cards this week. Here’s the list: May 27

Rajkot Fire LIVE Updates: As many as 27 people have been killed in the Rajkot gaming room fire incident on Saturday. The fire broke out at a gaming zone in Rajkot, Gujarat, at around 4.30 pm on May 25, resulting in the loss of lives, including children.

Delhi's Vivek Vihar area on Saturday night, said officials as quoted by newswire ANI.The official stated that at least 12 newborn babies were rescued from the fire, of which six died, one is on ventilator, and the remaining five kids have been admitted to hospital for treatment.At 11:32 p.m., the fire services received a call regarding the incident. Nine fire tenders immediately rushed to the spot.“A fire call from Baby Care Centre, near ITI, Block B of Vivek Vihar area was received. A total of nine fire tenders were dispatched," said Delhi Fire Services (DFS) chief Atul Garg as quoted by newswire PTI.The cause of the fire incident is yet to be ascertained.The incident comes on a day at least 27 persons were killed in Gujarat's Rajkot city when a massive fire swept through a crowded game zone and the building collapsed.

₹-0.27, marking a 90.18% increase year-on-year for the company.In terms of stock performance, Barbeque Nation Hospitality delivered a -0.32% return in the last week, -15.26% return in the last 6 months, and a year-to-date return of -22%.The company currently holds a market capitalization of ₹2037.54 Cr with a 52-week high/low of ₹791.7 & ₹495.05 respectively.Analysts covering the company have provided mixed ratings as of 26 May, 2024, with 1 analyst suggesting to Hold the stock and another recommending a Strong Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹-1.07CrQuestion : What is Q4 revenue?Ans : ₹298.05CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

SARS-CoV-2 coronavirus has been one of the leading causes of an uptick in coronavirus across this year. The name FLiRT for this Covid variant has been given on the basis of the locations of mutation of the virus and it's spike protein. Among these, is the KP.2 variant which is the most commonly circulating variant in the United States, across all regions, across April and May, according to a Reuters report.