CARE FACILITY
Nephro Care shares list at 90% premium on NSE SME platform
Nephro Care made a strong market debut on NSE SME platform with a 90% premium. The IPO garnered massive investor interest, oversubscribed by over 700 times. The company aims to establish a 100-bed multispeciality hospital in Kolkata using proceeds from the IPO. Nephro Care, led by Dr. Pratim Sengupta, focuses on comprehensive medical services for renal patients.
Focus on upcoming Budget: Policy in the works on finance, health support for elders
India is considering policy measures for senior care, including expanding healthcare access through Ayushman Bharat, revising pension under the Indira Gandhi scheme, and providing healthcare under NPHCE.
Beauty secrets: Inside India's booming beauty industry that relies on hundreds of contract manufacturers
Nishit Dedhia, the MD and cofounder of Kain Cosmeceuticals, is leading a tour of his cosmetics manufacturing facility in Khopoli, Maharashtra. The facility produces a variety of beauty products for the growing direct-to-consumer market in India.
Nephro Care India IPO: Deepak Parekh-backed company to raise around Rs 40 crore via public issue on NSE Emerge
Deepak Parekh-backed multi-speciality healthcare provider Nephro Care India Limited (NCIL) is likely to raise around Rs 40 crore through the initial public offering (IPO) to fund its expansion plans.
Health Minister JP Nadda reviews heatwave situation, preparedness of central government hospitals
Union Health Minister JP Nadda reviewed heatwave situation and hospital preparedness. He directed officials to ensure hospitals are ready to provide best care and ordered starting special heatwave units in central government hospitals.
Not just employers with benefits! India Inc looks to be more to woo talent
Corporate India is offering new-age benefits, realizing that attracting and retaining talent requires more than just high salaries. Cos offer new-age perks like cash for self-development, health insurance for siblings and pet care to woo talent
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Vodafone Idea shares jump 12% after CARE revises ratings upwards
Vodafone Idea shares experienced a significant surge of 12% intraday, reaching a high of 14.85 on the NSE on Wednesday. This uptick followed an announcement from rating agency CARE Ratings, which upgraded the company's Long Term Bank Facilities from B+ to BB+, with a stable outlook. Additionally, the Short Term Bank Facilities were upgraded from A4 to A4+.
Brokers make trading costlier to discourage risky bets
Brokers in Mumbai are increasing trading costs ahead of the election results to mitigate risks. Measures include raising margins and seeking more collateral. The BSE advised caution in placing orders, with HDFC Securities and ICICI Securities implementing changes in margin requirements.
Managing finances after 80: Answers to three major personal finance questions for super senior citizens
As one ages, it becomes clear that the couple won’t leave the world together. Typically, the husband worries about the wife’s ability to manage money, while the wife worries about the husband’s ability to manage food and health. However, neither cooking, nor investing is rocket science, and it is never too late to learn these crucial life skills.
Health insurance premiums can be reduced if you don’t make a claim, policy cancellations to be less costly and more: 5 rule changes
Health insurance rule changes: To make health insurance policy more inclusive, flexible and customer-friendly, IRDAI has recently released a master circular on health insurance business. The regulator introduces new measures regarding cancellation charges, standardising no-claim bonus, and increasing claim settlement transparency. ET Wealth Online explores how these regulations empower policyholders and improve their health insurance experience.
Will surrender on June 2; take care of my old, ailing parents: Arvind Kejriwal to supporters
Arvind Kejriwal, the Chief Minister of Delhi, announced on Friday that he plans to surrender on June 2, emphasizing his resolve not to yield even if faced with harassment in jail. Granted interim bail by the Supreme Court until June 1 for his Lok Sabha election campaigning, the national convenor of the Aam Aadmi Party (AAP) continued his campaign across Uttar Pradesh, Punjab, Delhi, and Maharashtra after his release from custody.
MCD issues fire advisory to health facilities, asks for report by May 31
Health facilities are directed to regularly inspect fire-fighting equipment such as extinguishers, hydrants, and alarms to ensure all are functional, according to the advisory.
Delhi hospital fire: How unchecked private nursing homes thrive amid high costs & poor infra
The high costs of medical care at private corporate hospitals in Delhi, combined with inadequate infrastructure at government facilities, have led to a significant increase in the demand for private nursing homes. Unfortunately, these facilities often disregard regulations, with little effort from the administration to ensure compliance and accountability.
Inox Wind shares tumble 10% as promoter likely sells stake via block deal
Inox Wind shares drop 10% on BSE to Rs 147.65 after a likely 5% stake sale by promoter entity IWEL via block deal. Company received 'A' rating from CARE Ratings for banking facilities. Inox Wind, subsidiary of Inox Group, provides wind energy services.
Children hospital fire heart-rending, guilty won't be spared: Delhi CM Arvind Kejriwal
Delhi's Chief Minister Arvind Kejriwal has condemned a fire at a children's hospital in Shahdara, killing seven newborns. Health Minister Saurabh Bharadwaj has vowed strict punishment for those found guilty. The incident occurred at the Baby Care New Born Hospital, where twelve newborns were rescued, but seven died.
NCPCR chief blames authorities for fire at children's hospital in Delhi
Twelve newborns were rescued from the facility but seven of them died. Five babies are undergoing treatment at another hospital.
Seven newborns die in Delhi hospital fire, several injured
Delhi Hospital Fire: At New Born Baby Care Hospital in Delhi's Vivek Vihar area, a massive fire broke out, claiming the lives of seven infants and leaving several injured. Eleven newborns were rescued, and the cause of the fire remains unknown. This unfortunate event adds to a day of tragedies, as earlier, 27 individuals lost their lives in a fire at a game zone in Gujarat's Rajkot city.
L-G VK Saxena directs chief secretary to 'institute an inquiry' into Delhi hospital fire
Delhi Fire Services officials said a blaze erupted at the Baby Care New Born Hospital in east Delhi's Vivek Vihar area around 11:30 pm on Saturday and spread to two adjacent buildings.
Delhi hospital fire: NCPCR deploys team to investigate
Delhi hospital fire: The NCPCR has dispatched a team to investigate a fire at the Baby Care New Born Hospital in east Delhi's Vivek Vihar, which resulted in the deaths of seven newborns. The blaze, which started around 11:30 pm on Saturday, quickly spread to two nearby buildings. Twelve newborns were rescued, with seven fatalities.
Max Group arm Antara ties up with Hyderabad realtor for senior living project
Antara has two projects - one in Dehradun and one in Noida - and it recently added one in Gurugram after a gap of three years.
Inox Wind shares zoom 10% to new high after 1:3 bonus share issue
Inox Wind shares surge 10% to a fresh 52-week high of Rs 166 on turning ex-bonus. The company plans a 1:3 bonus issue, with a record date revised to May 25. Recently, it was awarded 'A' rating from CARE Ratings for its banking facilities.
Honasa Consumer acquires Cosmogenesis Labs for Rs 4 crore
Honasa Consumer, which owns and operates Mamaearth, on Thursday, reported a net profit of Rs 30.4 crore for the quarter ended March 2024. The company posted a loss of Rs 161.7 crore in the last year quarter.
BJP's Allahabad Lok Sabha candidate Neeraj Tripathi banks on development, father's goodwill
Neeraj Tripathi, a former additional advocate general for the Uttar Pradesh government, follows the footsteps of his father, a political luminary, in his campaign for the Lok Sabha seat in Allahabad.
Delhi's ailing healthcare infrastructure calls for urgent revamp
Delhi, despite hosting prestigious medical institutions like AIIMS and Safdarjung, faces significant healthcare challenges. The Delhi High Court recently acknowledged the inadequate medical infrastructure and shortage of hospital beds. Several incidents of government hospitals refusing treatment due to lack of resources, resulting in patient deaths, have underscored the urgency of the situation.
Defensive stocks: FMCG is “passe”; 8 stocks from two sectors may be called “new defensives” with upside potential of up to 32%
1994 to 2024 is a difference of 30 years, but there is one thing which has remained constant, advice to move to defensive stocks when markets are volatile or there is an event risk. Four questions need to be asked; first, what is a defensive stock? Second, is a stock which was considered a defensive in 1994 when the Indian economy was just opening, still a defensive stock in 2024 ? Third, should there be a new definition of defensive stock in 2024 ? Last but not the least, what are the new defensive sectors or stocks?
Main maternity hospital in Rafah stops admitting patients
Al Helal Al Emirati Maternity Hospital in Gaza's Rafah halted admissions, causing a strain on healthcare services. WHO expresses hope for the hospital's continued operation despite the ongoing conflict. Women in Rafah are seeking alternative birthing options amid the crisis.
Nephro Care India files DRHP to raise funds via IPO
According to the draft papers, the company’s initial public offering comprises a fresh issuance of 45,84,000 equity shares, each with a face value of Rs 10.
PNB Housing Finance’s shares jump 14% on CARE Ratings upgrades
The instruments in which the ratings have been revised upwards include long term bank facilities, long term/short term bank facilities, bonds, long term instruments, non convertible debentures (NCDs), tier II bonds, fixed deposits and commercial papers.
Reliance Foundation unveils Vantara: Anant Ambani's animal rescue & care facility
Vantara, which is a Hindi word, means 'star of the forest'. This program is dedicated to the rescue, treatment, care, and rehabilitation of animals in need. The facility has a specialized kitchen spanning more than 14,000 square feet, crafting a tailored diet for each elephant, prioritizing their crucial physical requirements, including oral health.
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