EXECUTIVE HEALTH
Star Health aims to double Gross Written Premium to Rs 30,000 cr in 4 yrs: MD
Star Health and Allied Insurance Company Ltd. has set a target to double its Gross Written Premium to about Rs 30,000 crore over the next four years. The company, based in Chennai, has recorded a profit after tax of Rs 845 crore, a 37% increase from the previous financial year. The company has approved claims of about Rs 44,000 crore since its inception in 2006.
Heat, humidity or hale: 'majboori' makes gig workers brave the elements
As Delhi's extreme summer transitioned from heatwaves to humidity and now monsoon rains, gig workers on two-wheelers continued delivering essentials. Despite weather hazards, they endure long shifts, often over 12 hours, due to economic necessity. Efforts by companies to provide rest areas and emergency support have been limited and sometimes inaccessible.
Who is Rishi Shah: The man who defrauded Goldman Sachs, Google of $1 billion
Rishi Shah, co-founder of Outcome Health, has been sentenced to seven and a half years in prison for orchestrating a $1 billion fraud scheme involving his healthcare advertising startup. The case has impacted major investors and drawn attention to corporate accountability.
Government eases rules for global sourcing of medical gear
Pavan Choudary, chairman, Medical Technology Association of India (MTAI), termed the move a path-breaking effort by the government towards equitable policy making, spanning the crucial last mile which was uncovered so far.
Healthtech startup Cloudphysician appoints Oyo's Mandar Vaidya as India CEO
Cloudphysician's new India CEO, Vaidya, drives tech-enabled healthcare with industry expertise, strategic partnerships, and global expansion.
Salary structure in more than 40% of Indian companies is tax inefficient: Study
The study, based on an email survey sent to more than 16,000 executives working across the departments of human resources, finance and administration, elicited responses from 97 companies across sectors.
What is the difference between deductible, co-payment in a health insurance policy
If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the fifth part of this series, ET Wealth explains the difference between deductible and co-payment.
US charges 193 people in USD 2.7 billion healthcare fraud
Nearly 200 individuals have been charged in a nationwide operation investigating false health care claims amounting to approximately USD 2.75 billion in losses, according to information from the Department of Justice reported by The Hill on Thursday. The DOJ's 2024 National Health Care Fraud Enforcement Action has led to charges against 193 defendants, including 76 doctors, nurse practitioners, and other licensed medical professionals across 32 federal districts in the country.
Sharpen focus on education and health this Budget, experts urge FM
Although the pandemic is behind us, the focus on the health sector shouldn't be diluted, he added. There were also suggestions to tightly monitor the implementation of all such social sector schemes, he added. Facilities at schools and hospitals need to be further improved and vacancies filled up on time, some of them said in the meeting. In the interim Budget for FY25 in February, the government had pegged the outlay for the Ministry of Health and Family Welfare at ₹90,659 crore, up marginally from the FY24 budget estimate of ₹89,155 crore. This outlay also includes spending on health research.
Bihar government cancels contracts worth Rs 826 crore awarded during 'Mahagathbandhan' regime
The NDA government in Bihar has cancelled 350 contracts worth Rs 826 crore awarded during the previous RJD-led 'Mahagathbandhan' government due to irregularities in selecting contractors for rural water supply projects. The Public Health Engineering Department uncovered discrepancies and initiated a thorough probe. RJD leaders criticised the cancellations, claiming the NDA is intimidated by the success of the previous government's welfare initiatives.
Priyanka Chopra health update: Actor suffers throat injury while shooting a Hollywood movie
Priyanka Chopra Jonas sustained minor injury while filming Hollywood project 'The Bluff' with scratch on throat. The actor shared the update on Instagram and called it a professional hazard. Movie features her as former female pirate in 19th century Caribbean.
Unacademy’s Hemesh Singh joins other founders who donned non-executive roles
Unacademy's Hemesh Singh on Saturday stepped down as CTO of the company, moving to an advisory role. This is one of the many top-deck changes reported in startups over the past year. Here's a look at some of the key changes announced by startups in their leadership.
Australia should force Meta to pay for news, News Corp executive says
Meta could block news reposting if Australia enforces the 2021 law, similar to actions taken in Canada. Academics note increased misinformation spread in Canada since 2023 due to similar laws and reduced news promotion by Meta.
IRDAI probes Care Health's stock option issue to Saluja
IRDAI revealed that a probe into stock option allotment to Saluja is on in response to a query raised by Rahul Kanoj under the Right to Information Act (RTI) to the insurance regulator. The regulator said in its response, "The information sought is not furnished as the same would impede the process of investigation or apprehension." ET has seen IRDAI's response to the RTI query.
Tata Digital’s new team; Pine Labs’ India redux
Tata Digital chief executive Naveen Tahilyani has restructured the leadership team for the Neu super app. This scoop and more in today’s ETtech Top 5.
Exclusive: Tata Digital CEO Naveen Tahilyani sets up new team
Tata Digital CEO Naveen Tahilyani is rejigging the executive team for the conglomerate's super app, Tata Neu. This comes as several senior members of the team exited. Most of the positions at Tata Digital have been replaced with existing team members. The focus will now be on the loyalty programme, called NeuPass.
Apple's Tim Cook is nearing retirement age, but who will succeed him?
Speculation mounts over Tim Cook's successor as Apple CEO amid nearing retirement age. Candidates include COO Jeff Williams and hardware chief John Ternus. Cook's tenure marked by product expansion and financial success, but finding a visionary successor poses challenges for the tech giant.
White House unveils executive order to boost women's health
As part of the order, the National Science Foundation and Department of Health and Human Services are instructed to research ways to use artificial intelligence toward advancing women's health research.
Infrastructure projects worth Rs 8 lakh crore under execution in Maharashtra: CM Shinde
Shinde promised to make Mumbai roads free of potholes in the next two years. Speaking on the occasion of the dedication of the newly-constructed building of civic-run Nair Hospital's Dental College in Mumbai Central, Shinde said infrastructure development remains his government's top priority.
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