Mathai George George Muthoot joined the family business as an office assistant and in 1979 he became the managing director and group chairman in February 1993.
In view of the surge in the coronavirus cases, a night curfew will be enforced in Bengaluru and six other cities in Karnataka from 10 pm to 5 am starting Saturday, Chief Minister B S Yediyurappa announced.
The burgeoning Indian market, if handled smartly, offers a challenging opportunity for value creation.
It may have taken 54 years to set foot in north India, but south India's Manipal Health Systems has finally dived into the thick of action and announced two hospitals in Delhi with the promise of many more spread across the region. However, the big challenge facing the company that operates 17 hospitals in the south will be competition from existing, well-established hospital chains such as Fortis, Max or even Apollo that entered north a while ago.
Cost of the diagnostic test for Covid-19 has been fixed at Rs 4,500 per test by the government. Hospitals, however, do not think this is feasible.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
The tax holiday awarded by the Union Budget to healthcare and IT sectors has been greeted with enthusiasm. Major hospital chains had already announced plans to expand in tier 2 cities. The tax holiday has proved to be an added incentive. India needs 3.1 million new hospital beds in the next 10 years. The tax-holiday benefits are available for all new hospital projects except the ones coming up in cities like Delhi, Mumbai, Kolkata, Chennai, Hyderabad, Bangalore & Ahmedabad.
'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'
In a statement, Fortis said under the accepted offer, IHH would infuse Rs 4,000 crore through subscription to the preferential allotment at a price of Rs 170 per share. The Malaysian firm will then make a mandatory open offer to public shareholders for 26 per cent of the outstanding shares post issuance.
The pandemic is set to become even more challenging, with migrant workers returning home, relaxations in lockdown rules, and the approaching monsoon. However, states are looking at community participation to ramp up testing and home treatment of patients
Their offer values Fortis at over Rs 9,000 crore, or around Rs 172 per share.
Once the child is 90 days old, parents must add her to the family health floater cover, suggests Sanjay Kumar Singh.
Indian students planning to study abroad this year have to pay higher fee, fund their quarantine stay and also compete for on campus work opportunities.
PE firm True North's investment model is to take 51% stake in mid-sized companies and make them large, says Niraj Bhatt.
'What is the future of ISRO?' Professor Rao asked from his hospital bed. 'What we see now is the continuation of programmes we started long ago.' 'What are we planning in the space science arena?' 'What is our plan for human space flight?' Former ISRO chairman Madhavan Nair recalls his last meeting with Professor U R Rao, the pioneering Indian space scientist who passed away on Monday, July 24.
Common symptoms of the novel coronavirus (nCoV) strain, which has infected more than 300 people since the outbreak in Wuhan in December, include respiratory symptoms such as fever, cough, shortness of breath and breathing difficulties, the WHO said
One of prominent religious leaders of South India, the 88-year old Swamiji was admitted to a hospital at Manipal a few days ago for breathing difficulty and his end came on Sunday morning, they said.
The results of blood samples of the student, which were tested at the National Institute of Virology in Pune, have confirmed Nipah, she said.
Brian Tempest is among the four directors of cash-strapped healthcare chain whose removals were sought by two institutional investors. Three directors -- Harpal Singh, Sabina Vaisoha and Tejinder Singh Shergill -- had already resigned before the EGM.
The vaccine candidate, ZyCoV-D, showed a "strong immune response" in animal studies, and the antibodies produced were able to completely neutralise the wild type virus, Zydus said. The 12 institutes have been asked by the ICMR to fast track clinical trials of the vaccine as it is being considered as one of the top priority projects which are being monitored at the topmost level of the government.
What 32-year-old star Mandy Moore's actions tell us about anti-ageing regimes...
'Yoga is magic!' 'Other than keeping me physically fit, it helps me be calm and emotionally balanced. It gives me a lot of energy that keeps me productive throughout the day.'
Beside the defence forces in India, the start-up has shipped around 350,000 units to 12 countries -- the United Kingdom, France, Poland, Bangladesh, Saudi Arabia, the UAE, Kenya, South Africa, Romania, Indonesia, Qatar and Oman.
These could be the reasons for erectile dysfunction.
When Prashanth Reddy's father was in an ICU he could not find a lab that would deliver a blood infection test report in 24 hours. That's where iGenetic Diagnostics, which uses molecular techniques next generation sequencing, came in.
Indian students, who are living and studying away from home, tell us how they are dealing with the COVID-19 crisis and what they discovered on their journey back home.
People move from investment banking to growth equity or from venture capital to growth equity or entrepreneurship, depending on what's attractive at different points of life.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Take a look at the skills that matter and how you can acquire them.
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