'We have got enough internal accruals, and we are able to do acquisitions on our own.'
QRG Enterprises, promoters of the leading electric and power distribution equipment maker Havells India, has forayed into healthcare service segment.
Meanwhile, the grand pre-shaadi celebrations continue.
Delhi-headquartered Fortis Healthcare is open to acquisition of hospitals with over 250-300 bed sizes as part of its strategy to grow at a faster clip. It may also opt for a neutral brand name soon. Neutral brand is a new brand, which is not owned by any of the stakeholders.
Healthcare services remained affected at state-run hospitals in West Bengal as junior doctors continued their cease-work protest.
Climate activist Soman Wangchuk announced on Sunday that he will launch a 28-day fast on Independence Day if the government does not invite Ladakh authorities for talks on demands for statehood and constitutional protection for the union territory.
The unrelenting heatwave sweeping large parts of the country has claimed at least 110 lives and left over 40,000 people grappling with suspected heatstroke between March 1 and June 18 this year, health ministry sources said on Thursday.
If the cashless request is denied, the entire cost may need to be paid for planned treatments.
From the Sensex basket, Tata Steel jumped over 5 per cent. Mahindra & Mahindra, JSW Steel, Tata Motors, Axis Bank, Sun Pharma, Reliance Industries and Maruti were the other biggest gainers. Infosys, Tata Consultancy Services, Titan, Wipro, Hindustan Unilever and Nestle were among the laggards.
"In India, the sector will grow to $10 billion by 2018," predicts Vishal Bali, co-founder, Medwell Ventures, in an interview with Apurva Venkat.
Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.
Long queues were seen at outpatient department ticket counters in government hospitals, where senior doctors joined their junior colleagues in the protest.
Britain's wealthiest family, the Hindujas, have said they were 'appalled' by a Swiss court's ruling of jail terms for some members and have filed an appeal in a higher court challenging the verdict finding them guilty of exploiting vulnerable domestic workers from India at their villa in Geneva.
Considering the huge investments required in the Indian Healthcare sector, both for domestic and to take care of rising medical tourism from global markets.
The Indian IT company in turn will host the cloud and mobile-based services in Singapore and Malaysia, while providing direct sales and IT services to clients throughout Association of Southeast Asian Nations region.
He argued that if inflation is low, stable and moving towards the 4 per cent target, why has the RBI not revised downward the bank rate fixed in June 2023?
'My mother feels it will be tough and emotional for her to enter an assembly which has essentially been reduced to a municipality now.' 'My opinion is that even if it is a municipality one cannot cede that space to the BJP.'
In a video clip that had gone viral on social media, Faizan, along with four other Muslim men, was seen being beaten up by policemen while being forced to sing the national anthem and 'Vande Mataram'.
rediffGURU Mayank Kumar offers guidance about degree courses, campus, job-linked and executive programmes and studying abroad.
GE Healthcare Technologies on Monday said it is confident of doubling its annual revenues to $800 million in less than three years from its operations based out of Bangalore, a top company executive said on Tuesday.
Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.
Health insurance coverage should be hiked periodically to keep pace with medical inflation, or increase in healthcare costs.
Malvinder Mohan Singh and Shivinder Mohan Singh, the promoters of Fortis Healthcare, will acquire key subsidiaries of Hong Kong-listed Quality Healthcare Asia (QHA) for HK$1,541 million (approximately Rs 882 crore). QHA is the largest private integrated healthcare service platform in Hong Kong.
Connect with professionals in your field through LinkedIn, industry events and workshops. Attend job fairs, conferences and meetups to expand your network. Apply for internships or short-term projects to gain practical experience, suggests rediffGURU Aasif Ahmed Khan.
It is your duty to be responsible to your health and start saving and investing early in a suitable health insurance, says Naval Goel
India has generated an estimated revenue of about $600 million from over five lakh international healthcare travellers including non-resident that visited India in 2006, the study revealed.
Experts from India stand a good chance in the United States as 150,000 trained healthcare professionals are required, according to a US-based healthcare service provider.
The investment deficit in the healthcare sector could be bridged through public private partnership (PPP) among other measures, a senior Planning Commission official said on Tuesday.
The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024. Earlier, individuals were restricted to purchasing new insurance policies only until the age of 65. However, after the recent changes that have come into effect from April 01, 2024, anyone, regardless of age, is eligible to purchase a new health insurance.
The move by the insurance regulatory body aims to create a more inclusive healthcare ecosystem in India and to encourage insurance provider companies to diversify their product offerings.
Delivering her sixth straight Budget, on Thursday, Finance Minister Nirmala Sitharaman left the taxpayers disappointed by not proposing any changes.
The government also announced that healthcare cover under the Ayushman Bharat insurance scheme will be extended to all ASHA and anganwadi workers and helpers.
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
AQuity Solutions is a leading tech-enabled clinical documentation, medical coding and revenue integrity solutions provider in the healthcare domain. On the other hand, IKS Health provides administrative, clinical and operational services to clinicians.
Red Hat's Global Support Services vice-president Lain Gray said the company plans to facilitate the sharing of patients' data and history within various hospitals to promote better healthcare services. Towards this end, it has joined hands with Hewlett-Packard (HP), which runs a number of applications related to huge databases of patients and their medical history.
The country's largest software exporter on Thursday reported an 8.2 per cent growth in net profit for the December quarter at Rs 11,735 crore. The company said its revenue for the reporting quarter grew 4 per cent to Rs 60,583 crore driven by strong double-digit growth in emerging markets, led by India.
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