Mutual funds (MFs) scooped up smallcap shares across sectors such as healthcare, banking and financial services in March 2024 amid a near 4.5 per cent fall in key smallcap indices. Aster DM Healthcare, NLC India, and Aavas Financiers topped the list of most-bought stocks in the Rs 10,000-40,000 crore market capitalisation (mcap) bracket, according to a study by Nuvama Alternative & Quantitative Research. Aster and Aavas had corrected by 13 per cent and 10 per cent in March, respectively, while NLC India ended the month with a 2.5 per cent gain.
Several hospitals in the last few days have asked their healthcare workers staying in hotels during the quarantine period to vacate rooms immediately failing which the charges paid for their overstay would be deducted from their salaries. As per the Union health ministry guidelines issued on May 15, healthcare workers serving in COVID-19 areas do not need to undergo quarantine unless there has been violation in the use of PPE or any other form of high-risk exposure or they have symptoms suggestive of coronavirus infection.
The minister urged the doctors to rejoin work by respecting the Supreme Court's direction to them, but refrained from giving a direct reply on whether the state government would take any punitive action for violating the apex court's order.
Among the Sensex firms, Titan, Asian Paints, ITC, Hindustan Unilever, Nestle India, Bajaj Finserv and Bharti Airtel were among the gainers. In contrast, UltraTech Cement, Tech Mahindra, Tata Steel, Power Grid, HDFC Bank, HCL Technology, State Bank of India and ICICI Bank were the laggards.
Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax Department and will go in for an appeal against the order. The notice relates to non-deduction of TDS on payment of Rs 3,045 crore to GlaxoSmithKline Consumer Healthcare (GSKCH) for the acquisition of Intellectual Property Rights of the Health Foods Drinks (HFD) business consisting of brands as Horlicks, Boost, Maltova, and Viva, according to a recent exchange filing.
The court said abstention from the work of doctors affects those segments of the society that are in need of medical care.
The junior doctors called off their 'total cease work' at state-run medical colleges and hospitals around 8.30 pm on Friday but threatened to launch a hunger strike till death if their demands were not met by the West Bengal government within 24 hours.
The CBI, tasked by the Calcutta high court to probe the case, received local court approval to conduct a polygraph test on the accused, days after performing a psychoanalysis test on him.
The MHA said that the law and order situation of all states should be monitored in view of the protests.
Britain's King Charles is on a personal visit to Bengaluru where he is staying at a sprawling integrative medical facility near Whitefield, sources said on Wednesday.
Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.
'Future market gains will likely depend primarily on earnings growth.'
The respondents were from over 22 states with 85 percent of them being under 35 years while 61 percent were interns or postgraduate trainees.
The body of the post-graduate trainee doctor with severe injury marks was found on Friday inside the seminar hall of the state-run RG Kar Medical College and Hospital's chest department. The preliminary autopsy report suggested she was subjected to violent sexual assault.
'Every hospital now tracks length of stay closely.' 'More efficiency is brought into the system now.'
Prime Minister Narendra Modi has said that the Quad is not against anyone, but for a rules-based international order and respect for sovereignty, in a veiled reference to China.
'Our priority remains brownfield expansion, and in the next few years, we plan to increase our capacity to around 6,000 beds.'
'This victory would mean a huge inspiration for the next generation who can say that coming from India I can be anybody I want to be if I work hard and acquire the right skills.' 'They could be the next President, members of the Senate, or another Sundar Pichai.'
The Economic Survey on Monday said the advent of Artificial Intelligence (AI) casts a "huge pall of uncertainty" with regard to impact on workers across all skill levels. The Economic Survey 2023-24 tabled in Parliament predicted that the new-age technology, while turbocharging productivity, has the potential to disrupt employment in certain sectors. The Survey described AI as "phenomenal in its rapid pace of innovation and ease of diffusion" but also cautioned that the the future of work will be reshaped by it.
Senior Trinamool Congress minister Udayan Guha has sparked controversy by claiming that fingers of those blaming West Bengal Chief Minister Mamata Banerjee and demanding her resignation over the alleged rape and murder of a woman doctor would be broken.
'Rahul Gandhi is raising the issue of a caste census though his party has been doing injustice on this front from the 1950s.'
A bench headed by Chief Justice DY Chandrachud directed the protesting doctors to get back to work by 5 pm on Tuesday and assured them that there will be no adverse action if they resume duty.
'To everyone voting for Trump, I have only this simple question: Would you let him have lunch with your daughter or sister or wife or mother?' 'Then why would you let him have our lunch (and so much more) for four more years?', asks Sree Sreenivasan.
The Silchar Medical College and Hospital in Assam on Wednesday cancelled its advisory to women doctors and other staffers asking them to avoid going alone to isolated places at night.
Senior Indian Police Service officer Manoj Kumar Verma was appointed the new Kolkata Police commissioner, replacing Vineet Goyal, on Tuesday, a day after Chief Minister Mamata Banerjee held a meeting with agitating junior doctors and agreed to their demands in a bid to resolve the more than a month-long impasse over the RG Kar hospital incident.
A day after killing of Hezbollah chief Hassan Nasrallah in an airstrike in Beirut, Israel conducted widespread strikes in Lebanon on Sunday, killing over 100 people. The Israeli Air Force (IAF) also launched airstrikes on military targets in Yemen, specifically targeting Houthi-controlled sites, including power plants and a seaport.
The IMA feels that there is a dire need for a drastic change in health administration which can be realised by raising a new cadre of administrators, it said in a statement.
For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.
The ministry has identified three Centre-run hospitals -- Ram Manohar Lohia Hospital, Safdarjung and Lady Hardinge -- as nodal centres in the national capital for isolation, management and treatment of any patient with mpox.
The Supreme Court on Monday suggested that Parliament should seriously consider bringing an amendment to the Protection of Children from Sexual Offences (POCSO) Act for substituting the term 'child pornography' with 'child sexual exploitative and abuse material' with a view to reflect more accurately the reality of such offences.
Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.
From its highs over the past month, the stock of Procter & Gamble Hygiene and Healthcare fell 7 per cent before recovering this week. The stock has been an underperformer over the last year and has traded flat over this period.
Terming Naxals the biggest human rights violators, Union Home Minister Amit Shah on Monday said security forces have been carrying out 'offensive operations' instead of defensive against the insurgents and have achieved big successes in recent times.
Home-grown FMCG major Dabur India on Thursday said it will set up a Rs 400-crore manufacturing plant in Tamil Nadu's Villupuram district, marking the company's maiden foray into the South. State Industries Minister TRB Rajaa said, Dabur has signed a Memorandum of Understanding (MoU) with the state government to this effect on Thursday. The MoU outlines an approved Phase 1 investment of Rs 135 crore, scaling up to Rs 400 crore over five years, Dabur India said in a statement.
Investor wealth eroded by Rs 4.46 lakh crore in a single day on Friday with the benchmark BSE Sensex tanking more than 1 per cent in line with global stocks rout. The 30-share BSE Sensex plunged 885.60 points or 1.08 per cent to close at 80,981.95 with 25 of its components declining and five ending with gains. During the day, it nosedived 998.64 points or 1.21 per cent to hit an intra-day low of 80,868.91.
With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India's second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds. Therefore, any international or domestic hospital chain that buys Fortis will simply catapult to the numero uno position.
For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.
'In the case of Aadhaar, we were able to build and enrol 1 billion in five-and-a-half years.' 'For vaccination, it can be done even faster -- in just two years.' 'When everybody is coming for vaccination, they can be offered a choice -- to create a health record and a digital ID.'
Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.
The 19-year-old girl from Karachi successfully underwent a heart transplant surgery and was discharged recently, doctors who performed the surgery at a Chennai hospital said.
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