State-owned Bank of Baroda (BoB) has agreed to pay $600 million (about 5,700 crore) to settle litigation arising from the collapse of NMC Health, ending years of cross-border legal proceedings.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
One of the most important provisions this year is that qualifying NEET-PG does not automatically guarantee participation in counselling.
The CBI Director has updated a parliamentary panel on the NEET-UG paper leak investigation, while education ministry officials outlined measures for a fair retest.
Mumbai's KEM Hospital has placed MBBS student Sejal Pawar on compulsory leave for 15 days following her controversial remarks about male cadavers during a stand-up comedy show. The hospital has initiated a detailed inquiry, forming a five-member committee to investigate the matter, which sparked widespread social media outrage.
A parliamentary panel has summoned officials from the Union Education Ministry, the National Testing Agency (NTA), and the CBI to address concerns regarding the conduct of examinations.
The BJP is expected to win the Nagpur Municipal Corporation elections for the fourth consecutive time, owing to its strong organization and the influence of prominent leaders. The party has maintained its dominance in Nagpur since 2007.
The National Medical Commission (NMC) has initiated the process of registration of all MBBS doctors eligible to practice in India on a recently launched portal, as a part of which all medical practitioners will have a unique ID.
BRD Medical College in Gorakhpur seeks guidance from the National Medical Commission (NMC) regarding an MBBS student who has remained in the first year for over a decade after failing the initial examination.
The National Medical Commission on Thursday withdrew and cancelled guidelines under Competency Based Medical Education Curriculum in which it had reintroduced sodomy and lesbianism as unnatural sexual offences in the forensic medicine and toxicology curriculum for undergraduate medical students.
The Enforcement Directorate (ED) has filed a chargesheet against the chairman of Al Falah University, alleging money laundering and the appointment of individuals with terror links without proper verification.
RSS chief Mohan Bhagwat cast his vote in the Nagpur Municipal Corporation (NMC) polls and commented on the NOTA option, stating it indirectly helps promote an unwanted candidate.
The logo of any national institution ought to capture the aspirations of all citizens in an equal manner and, by remaining neutral in all respects thereby, eliminating any possibility of any part/section of society feeling aggrieved, the IMA said.
The National Medical Commission has reintroduced 'sodomy and lesbianism' as unnatural sexual offences in the forensic medicine and toxicology curriculum for undergraduate medical students.
Upset over being denied tickets by the Bharatiya Janata Party despite being its 'loyal workers for years', several aspirants have rebelled against the party and are now contesting the upcoming elections to the Nagpur Municipal Corporation (NMC) as independent candidates.
A doctor should not use an unusually large signboard and write on it anything other than his name, qualifications, titles, specialty or registration number, the National Medical Commission (NMC) has suggested, saying his prescription papers should also have the same contents.
Bajaj Auto is planning a slow, calibrated push to take the Chetak, its electric scooter, to more than 100 countries on the strength of its distributor network and market-specific localisation rather than an aggressive global rollout, reports Sohini Das.
The Association of Indian Universities (AIU) has suspended the membership of Al Falah University due to its connection to the Red Fort blast case.
A BMC spokesperson said the average voter turnout stood at 29.96 per cent till 1.30 pm in the metropolis, which has more than 1 crore eligible electors.
The National Medical Commission has removed several doctors from the National Medical Register following their implication in the Delhi blast investigation under the Unlawful Activities (Prevention) Act.
The NMC said it found that none of them visit the emergency department regularly "because there is no one in the emergency medicine department to interact with them other than the casualty medical officer".
A major breakthrough has been achieved in the Red Fort car blast case, with intelligence agencies uncovering a Rs 20 lakh fund trail linked to three doctors, Umar, Muzammil, and Shaheen.
Members of the IMA and IPA had met Mansukh Mandaviya on Monday and expressed their concerns over the regulations.
Medical education regulator NMC recently notified the "Post-Graduate Medical Education Regulations, 2023" according to which all rounds of counselling for all PG seats will be held online mode by state or central counselling authorities.
A mob attacked police personnel during the demolition of an unauthorized dargah in Nashik, Maharashtra, injuring 21 officers and damaging three police vehicles. The incident occurred late Tuesday night after the Nashik Municipal Corporation (NMC) began removing the Satpeer Baba Dargah following a Bombay High Court order. Police used tear gas and batons to disperse the mob and detained 15 individuals in connection with the violence. The situation is now under control, with the dargah demolished and an FIR filed against the perpetrators.
The Nagpur municipal chief has offered an unconditional apology to the Bombay High Court for the demolition of houses belonging to accused in a riots case, citing ignorance of Supreme Court guidelines on such actions. The civic officials were unaware of the Supreme Court's order, which mandates procedural safeguards before demolishing properties linked to riots accused, the commissioner stated in an affidavit. The court has granted the Maharashtra government two weeks to respond to the matter.
Firodia talked about his plans for the EV-components business, and the components business at large for the group
rediffGURU Patrick Dsouza, founder of Patrick100 counsels students, and aspiring professionals about the scope of an MBA degree.
Lithium-ion cells, primarily imported from China, are likely to become cheaper following punitive tariffs imposed by the US on Chinese battery cells.
Hyundai Motor India Ltd (HMIL) has since 2019 saved around Rs 5,700 crore in foreign exchange (forex) by locally manufacturing or sourcing more than 1,200 components, including battery packs for electric vehicles, said a senior executive of the automaker. The company's efforts for Aatmanirbhar Bharat, the government's campaign for domestic manufacturing, have resulted in a localisation rate of 92 percent in India, said Gopalakrishnan Chathapuram Sivaramakrishnan, whole-time director and chief manufacturing officer at HMIL.
Karnataka has the highest number of medical seats in the country at 11,745, of which 3,750 seats were in government institutions and 7,995 seats were in private colleges.
"The provisions of the said bill are nothing short of draconian and promote gross incompetence and mockery of professionals currently working day and night and sacrificing their youth for this broken system," said the protesting doctors.
In a shocking incident of 'institutional racism' in the United Kingdom, nurses reportedly tied a Sikh patient's beard with plastic gloves, leaving him in his own urine and offering him food he could not eat for religious reasons, according to a media report.
All doctors must prescribe generic drugs, failing which they will be penalised and even their license to practice may also be suspended for a period, according to the new regulations issued by the National Medical Commission (NMC).
News Media Coalition, comprising some international and domestic news agencies, on Friday criticised the BCCI for its continued refusal to grant accreditation to certain photo agencies, resulting to the boycott of photo coverage of the ongoing India-Australia Test by sections of international media.
The Union Health Ministry on June 22 postponed the NEET-PG entrance examination, scheduled to be held on June 23, as a "precautionary measure" in the wake of allegations on the integrity of certain competitive exams.
'Whichever company offers better incentives, the chemist would prefer it.'
rediffGURU Dr Nagarajan JSK counsels students and parents towards making the right career choices, particularly in the field of pharmacy.
The National Medical Commission in the Professional Conduct Regulations also bar doctors from endorsing any drug brand, medicine or equipment, or advertise them.
From the customer point of view too, LFP batteries are safer and offer a longer life.
