Page 22 - Healthcare Sector
Healthcare provider Aster DM looks at asset-light plan for India expansion
It is rolling out a 350-bed multi-specialty hospital in Bengaluru next year with a capex of Rs 200 crore
 "Healthcare provider Aster DM looks at asset-light plan for India expansion")
Office absorption up 52% in Q4 of CY20 on sequential basis: JLL report
While IT/ITeS continues to grab the lion's share, leasing activity is being driven by increased demand from sectors such as e-commerce, healthcare and FMCG
 "Office absorption up 52% in Q4 of CY20 on sequential basis: JLL report")
Global cooperation need of the Covid vaccination times
The relations with its allies in Europe have also been strained. Joe Biden is likely to reverse the process.
New Covid-19 strain: Maharashtra imposes night curfew from Dec 22 to Jan 5
The institutional quarantining of the travellers from these countries will begin from Monday itself
 "New Covid-19 strain: Maharashtra imposes night curfew from Dec 22 to Jan 5")
India, Israel to share know-how on building climate resilient infra
India and Israel on Monday signed an agreement to cooperate in the fields of health and medicine, including sharing of expertise in building climate resilient infrastructure
 "India, Israel to share know-how on building climate resilient infra")
Missing from Covid-19 pandemic narrative: Infections among doctors
Covid has exposed flaws in India's healthcare system. Over the next 2 weeks, we will bring you reports of those in the first line of defence against the virus
 "Missing from Covid-19 pandemic narrative: Infections among doctors")
After initial hit, health-care units likely to recover: CRISIL SME Tracker
With the working capital cycle stretched, financially weaker hospitals may have to resort to short-term loans to stay afloat.
 "After initial hit, health-care units likely to recover: CRISIL SME Tracker")
Private health care providers gear up for Covid-19 vaccination drive
The industry, on its part, is drafting out the road map for vaccination and where they can chip in.
 "Private health care providers gear up for Covid-19 vaccination drive")
Under pandemic cloud, Nobel Prize ceremony to be held online this year
The Nobel prize week this year will primarily be digital with laureates getting their medals and diplomas in their respective countries in the wake of the COVID-19 pandemic
 "Under pandemic cloud, Nobel Prize ceremony to be held online this year")
States to report on hospital safety guideline implementation: Centre to SC
The Centre informed the Supreme Court that it has directed all states and Union Territories (UTs) to send status report by December 4 on the implementation of fire safety guidelines
 "States to report on hospital safety guideline implementation: Centre to SC")
Cabinet Secy discusses with states possible Covid-19 vaccine roll-out
Cabinet Secretary Rajiv Gauba on Tuesday reviewed with top officials of states the arrangements for the roll-out of vaccines after these are available and asked them to prepare a database of people
 "Cabinet Secy discusses with states possible Covid-19 vaccine roll-out")
World Coronavirus Dispatch: Zambia's default sparks fears of debt tsunami
Pandemic puts AIDS-related gains at risk, Museum of London asks citizens to share Covid dreams, virus revives debate on value of high-stake exams, and other pandemic-related news across the globe
 "World Coronavirus Dispatch: Zambia's default sparks fears of debt tsunami")
Ahead of World Diabetes Day, experts call for action to address epidemic
Ahead of World Diabetes Day, a new report has called for action to close the gap in diabetes prevention and care
 "Ahead of World Diabetes Day, experts call for action to address epidemic")
Apollo Hospitals Q2 profit drops 29% to Rs 59 cr, revenue down 2.8%
Standalone revenues of the healthcare services division decreased by 18% to Rs 1,062.6 crore in Q2FY21.
 "Apollo Hospitals Q2 profit drops 29% to Rs 59 cr, revenue down 2.8%")
Zydus Wellness expects to continue growth momentum on back of new launches
FMCG firm Zydus Wellness is expecting to continue its growth momentum gathered post easing of lockdown and grow the business on the back of new launches
 "Zydus Wellness expects to continue growth momentum on back of new launches")
Manipal Hospitals looks for expansion with Columbia Asia acquisition
The acquisition of Columbia Asia will expand the privately-held chain's geographical reach, especially in the underserved eastern region
 "Manipal Hospitals looks for expansion with Columbia Asia acquisition")
Credit Suisse cuts stance on IT, healthcare; turns bullish on banks
In June, the brokerage had turned bullish on IT citing low P/E
 "Credit Suisse cuts stance on IT, healthcare; turns bullish on banks")
Coronavirus can directly infect heart muscle leading to damage: Doctors
Even though it's known as a respiratory virus, doctors believe the coronavirus can directly infect the heart muscle and cause other problems leading to heart damage.
 "Coronavirus can directly infect heart muscle leading to damage: Doctors")
3M profit beats on healthcare boost; says demand for N95 masks to continue
Sales from three of the company's four main businesses rose, with the healthcare unit recording a 25.5% jump and accounting for more than a quarter of the company's total sales
 "3M profit beats on healthcare boost; says demand for N95 masks to continue")
Apprentice hiring: Over a third of firms are gender neutral, open to LGBTQ
Covid-19 pandemic impacts hiring, with more resilient sectors reporting strong sentiment even as others appear to have reduced appointments
 "Apprentice hiring: Over a third of firms are gender neutral, open to LGBTQ")
