The IT services giant is also slated to hold a board meeting on April 13 and 14, to approve of and take on record the consolidated financial results of the company for the quarter and year ended March 31, 2021. Indian IT majors will be announcing their fourth quarter (Q4) and 2020-21 results starting April 12. At the end of the Q3 FY21 Infosys had cash and investment of $4.5 billion.
With the abolition of the fringe benefit tax, it is back to the old perquisite tax.
As of last year, India had 1.3 hospital beds per 1,000 people.
I got to know that every referred case for angiography and angioplasty got a kickback of Rs 5,000 and Rs 15,000 respectively. Seeing this trend, doctors started paying referring doctors Rs 1 lakh in advance and adjusting it as and when patients came in. This menace slowly spread its tentacles all over the medical field, including radiological diagnostics and biochemistry laboratories. For every test ordered, 20 per cent of the bill was given back to the referring doctor. This led to doctors recommending unnecessary tests. The pharmaceutical companies also saw burgeoning business. Acclaimed doctors were given televisions sets, refrigerators, air conditioners and cars depending upon the prescriptions. General practitioners would prescribe unnecessary drugs, and were given returns in cash. A fascinating excerpt from Dr Upendra Kaul's When The Heart Speaks.
'The COVID-19 pandemic is going to send an unprecedented number of low-income households deep into poverty,' says Geetanjali Krishna.
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
'At this point of time, West Bengal is doing better than other states in tackling the crisis. We have a chief minister who herself has hit the streets to do what is to be done, and at the same time ensuring a proper lockdown. She is also trying day and night to set up the requisite infrastructure.'
According to the law, the contribution "should not be more than 5 per cent of the amount paid to gig workers. The government is likely to start seeking contribution from gig companies towards the fund from April 1, 2021.
'It is folly to think that religious-identity-based politics and a flourishing economy can co-exist in a diverse society.' 'We can fight and kill each other, or fight together and kill poverty. We cannot do both,' says Dasarathi G V.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
From , May 15 (PTI) Four Indian Americans, including a physician and three co-owners of a health clinic from Chicago, have been charged with healthcare fraud estimated to be running into millions of dollars. Federal law enforcement officials said three Indian Americans Ankur Ro ...
'The rule for millennials is: You can have a career for life.' 'You have to constantly adapt to the needs of the industry to stay relevant.' 'The jobs will be the same, but the skill sets required will be different.' 'Technology will dominate the nature of jobs available in the future.'
We are looking at a 600-bed hospital from the existing 230 beds, which will help us create new specialities.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
HR Guru Mayank Rautela offers practical advice.
Describing neonatal and maternal mortality rates as a matter of grave concern, Prime Minister Narendra Modi on Saturday said his government wanted to effectively use its 'Make in India' and 'Digital India' campaigns to reach healthcare to the country's poorest of the poor.
Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.
Experts say one in every four mental health problems is due to depression and anxiety at the workplace.
'We would advise investors to invest in a disciplined way in equities for the long term.'
'Quality of management, corporate governance, allocation of capital, full disclosures should form the basis to decide investing in a particular stock.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Avoid high risk transactions even if they seem more profitable.
'Prevention plus vaccination is what is going to take us into better territory by September or October.'
In India, the company serves customers such as stock exchanges, brokers, non-banking financial companies, financial services and insurance, IT and IT-enabled services.
'We were lucky, in many ways, that we got the disease late.'
India has cleared the proposal to adopt the US model of health care in mega cities
Vaccine development is a long process to ensure safety and efficacy through different stages and involves regulatory supervision every step of the way. Ruchika Chitravanshi takes you through this carefully drawn journey of vaccine development.
'There are no new benefits for senior citizens, but on the other hand senior citizens having sizeable dividend income may have to suffer tax at applicable slab rates,' says Mahesh Padmanabhan.
The whole idea is to have a balance between long-term and short-term goals.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Senior living services, Tara Singh Vachani tells Anjuli Bhargava, could be a big business opportunity in India.
EPF is the major vehicle for the long-term savings of organised private sector employees.
While law-abiding customers are harassed for KYC and have to comply with endless paperwork even to open and close accounts, DHFL could easily open nearly 260,000 fake home-loan accounts, reveals Debashis Basu.
Here's how she is linked to the most talked about Oscars speech of the year.
Maruti Suzuki said there are many reasons for this downturn in the auto market such as liquidity crunch, increased prices of products due to regulatory issues, higher taxes and rise in insurance rates.
The Union Budget seems to have elicited a starkly opposite view from rural India compared to urbanites, says Mahesh Vyas.
'If the school of bluffers includes those who get to the top not from deep knowledge but from delivering 'a clever quip or a leftfield surprise argument', then Modi is the undisputed Bluffocrat Emeritus,' says Sunil Sethi.
China's Xiaomi to unveil its first India-made phone on Monday
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Sahil Vachani fuels Analjit Singh's new business initiatives