Hospital Financial News

Vaghul, the banker who sowed the seeds of financial conglomerate ICICI, passed away today. He was 88. He was on the ventilator for the last two days at Apollo Hospital in Chennai, in critical condition. He was admitted to hospital after he fell and was unconscious, his family member told ET.

Singapore is seeing a new COVID-19 wave as the authorities recorded more than 25,900 cases from May 5 to 11 even as Health Minister Ong Ye Kung on Saturday advised the wearing of masks again. «We are at the beginning part of the wave where it is steadily rising,» said Ong. «So, I would say the wave should peak in the next two to four weeks, which means between mid- and end of June,» The Straits Times newspaper quoted the minister as saying. The Ministry of Health (MOH) said the estimated number of COVID-19 cases in the week of May 5 to 11 rose to 25,900 cases, compared with 13,700 cases in the previous week.

₹16.5 - 17.5 lakh crore in FY28. The growth is likely to be driven by favourable macroeconomic factors such as healthcare infrastructure and a structural shift towards an organised market. The industry saw some growth impact during COVID in FY21 as it grew 10% YoY to ₹8 lakh crore and subsequently a bounce-back in FY22, growing 15% YoY to ₹9.2 lakh crore, and normalized growth in FY23 at 15% YoY to ₹10 lakh crore.

Read more Prime Minister Narendra Modi on Tuesday filed his nomination from Varanasi Lok Sabha seat. Before filing the nomination, PM Modi offered prayers at Dashashwamedh Ghat on the banks of the Ganges and visited Kal Bhairav temple. Read more Amid the planemaker's preparation to meet with the US aviation regulator Federal Aviation Administration (FAA) over its quality-control problems, Boeing shareholders at its annual general meeting (AGM) on Friday re-elected CEO David Calhoun and approved his $32.8 million compensation.

As banks compete hard for work in the Middle East, Dubai is emerging as one of the most grueling places to work. Juniors at Rothschild, which is expanding in the UAE, claim they are being driven to the point of exhaustion.

One of the more popular tax credits, claimed by more than five million Canadians annually, is the medical expense tax credit (METC), which provides tax relief for qualifying above-average medical or disability-related expenses incurred by individuals on behalf of themselves, a spouse or common-law partner, or a dependent relative.

Five women were killed and 12 others injured when a Uttar Pradesh (UP) Transport bus collided with a trailer truck on Friday in Rajasthan’s Bharatpur.

ICICI Securities Ltd, Nomura, Jefferies, JPMorgan, and JM Financial to manage the issue. The company had explored an IPO in August 2023 and was looking to raise ₹2,500 crore, or about $300 million, a CNBC report at the time said. IKS Health eventually did not pursue the plan at the time.

NEW DELHI : In order to come up with more clarity about provisions for drugs to be declared as over-the-counter (OTC), the centre has set a three months timeframe for an all doctor's expert committee to provide with suggestion, according to officials aware of the matter. The expert committee consists of eight members including doctors from LHMC, Safdarjung Hospital, PGIMER, SMS Medical College to examine matters regarding amendment of the Drugs Rules in line with recommendations from the Drugs Technical Advisory Board (DTAB).

At least once a day, a group of American doctors and nurses stranded in Gaza get word that they might be able to leave the enclave. They have waited all week, and that moment hasn’t come. “We’ve come to terms with the fact that we don’t know when we’re leaving," said Dr.

Anita Goyal, the wife of Jet Airways founder Naresh Goyal, passed away early Thursday morning, confirmed by a close family source. The 70-year-old had been battling cancer, reaching its third stage and undergoing treatment. Her health had been deteriorating over recent months, culminating in her passing at 3 am in a Mumbai hospital. Plans are underway to bring her mortal remains back home.

Engineering and construction conglomerate Larsen & Toubro (L&T) on Friday said its buildings and factories business vertical has bagged multiple orders. The company has bagged a project from the Institute of Neurosciences Kolkata, for constructing a medical college and hospital campus in Kolkata on a design and build mode. This involves a 605-bed hospital and a medical college. The project is to be executed in two phases over a period of 60 months. The scope of work includes civil structure and external development works.

Ayodhya getting ready for the Ram temple consecration ceremony. Almost four months later, the excitement has settled down and some voters are crediting the BJP for fulfilling its promise while others feel that development should reach every corner of the district. Prajjwal Singh, a resident of Arhgarha Chauraha, told PTI that Ayodhya's transformation began on January 22, when the Ram temple consecration ceremony was held. «On January 22, 2024, the promise that was made to us by various BJP leaders was fulfilled in a grand manner. From that day, Ayodhya set out on the path of development,» he said. «The hospitality sector has seen visible growth. A number of eateries and food joints have come up. Prime Minister Narendra Modi and Uttar Pradesh Chief Minister Yogi Adityanath deserve a round of applause for such a positive transformation of Ayodhya,» Prajjwal Singh told PTI.

Indian Hotels: The brokerage has a target price of ₹680 for the stock, indicating a 19 percent potential upside. MOSL expects the strong momentum to continue in FY25, led by 1)an increase in ARR; 2) sustaining higher occupancy levels led by favourable demand-supply dynamics; 3) strong room addition pipeline till FY28 in both owned/leased (2,779 rooms) and management hotels (10,174); 4) higher income from management contracts; and 5) value unlocking by scaling up reimagined and new brands. In FY25, Indian Hotel (IH) expects to sustain double-digit revenue growth, with new businesses expected to grow 30%.

NOTE:The following article contains content about suicide that some might find disturbing. Please read at your own discretion.

cardiac arrest after taking part in a social media challenge daring people to eat a single extremely hot tortilla chip, an autopsy revealed Thursday. Harris Wolobah, a 14-year-old from Massachusetts, died in September after taking part in the so-called "One Chip Challenge" — which involved a single chip produced by Paqui, dusted with Carolina Reaper and Naga Viper peppers.

David Burke Hospitality Management President David Burke breaks down the cost of restaurant inflation on 'The Claman Countdown.'

A couple from Nova Scotia say they’re permanently throwing in the towel on housework after waking up $5-million richer on Sunday morning.

An autopsy of a Massachusetts teen who died after participating in a spicy tortilla chip challenge says his death was caused by eating a large quantity of chile pepper extract

Authorities say a truck driver has been killed after a tank holding waste material depressurized at a Phoenix facility that is being built for a Taiwanese semiconductor giant

An Associated Press investigation into prison labor in the United States found that prisoners who are hurt or killed on the job are often being denied the rights and protections offered to other American workers