Page 4 - Veena Mani

Private doctors end strike as NMC Bill goes to Parliament panel

NMC Bill seeks to replace MCI and also proposes allowing practitioners of alternative medicines, such as homoeopathy and Ayurveda, practise allopathy after completing a 'bridge'

Hospitals making profits up to 1,700% on drugs, consumables

Surgery cost is found to be only 0.39 per cent of the total profit

Insolvency process: UK-based Liberty House bids for Bhushan Power and Steel

As of now, Tata Steel seems to be the highest bidder for Bhushan Power and Steel

Bankruptcy rules for individuals may be delayed due to workload of DRTs

The government planned to notify the bankruptcy provisions last year itself

Fortis stock up 17.6% amid merger talk after Singh bros resign from board

Meanwhile, shares of Fortis soared 17.6 per cent on Friday amid reports that the Manipal Hospital, backed by TPG, was in advanced talks to merge itself with the company

JSW and Tata Steel bid for debt-laden Bhushan Power on the final day

Around 13 companies had submitted expressions of interest

Budget 2018: Jaitley's Rs 500,000 health scheme for 500 mn ahead of polls

Rs 12 bn proposed for free drugs and diagnostic tests, benefits to be provided through creation of 150,000 health and wellness centres

IBBI chairman M S Sahoo defends 94% haircut for stressed firm

The resolution plan allowed the acquirer, Synergies Castings, to pay Rs 0.54 bn to its creditors. The total dues were over Rs 9 bn

Delhi High Court asks Singh brothers to pay up Rs 35 bn to Daiichi

Enforces arbitration award related to the $4.6-bn sale of Ranbaxy

Economic Survey 2018: Indians go on producing children till they have sons

There may be a meta-preference manifesting itself in fertility-stopping rules, contingent on the sex of the last child, which notionally creates 'unwanted' girls, estimated at 21 mn, the Survey says

Darwin & Dasavataram

Life on earth is a fascinating topic and has been debated ever since Darwin proposed that Homo sapiens are the result of evolution over thousands of years

Insolvency regulator empanels resolution professionals to save NCLT's time

The list will be renewed with additions after six months

Insolvency professionals divided over ban on resolution outsourcing

IBBI's circular is not likely to affect the big 12 cases referred by banks on Reserve Bank of India order for insolvency, say experts, as IPEs are not involved in those cases

Cab aggregators Ola, Uber to come under CCI scanner for surge pricing

A surge in taxi fares earlier led Maharashtra govt to set up committee to recommend prices for these players

SFIO to probe 57 suspected shell firms that deposited billions of rupees

Sources say 18 of these entities deposited above Rs 1 bn each and the other 39 deposited between Rs 250 mn and Rs 1 bn each in the post-demonetisation period

Dissenting lender to be paid liquidation value

Amendments to the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations say liquidation value to be paid to dissenting lenders will have to be kept confidential

Private hospitals call for 'holistic approach' in health care

The top brass of these hospitals pressed for a regulation requiring doctors to get written consent from patients before administering any therapy or test so that there is transparency

Resale curbs likely in toxic asset auctions

Govt recently issued an ordinance to debar wilful defaulters, those with one year or more NPA, from bidding

Insolvency and Bankruptcy Code: Keeping promoters at arm's length

Many experts feel the spirit of the Code is compromised if original promoters get back control of their distressed assets

Insolvency: AION, SSG Capital keen to invest in Amtek Auto

AION and SSG Capital are among the private equity firms which have submitted expression of interest to buy Amtek Auto