Big Movers on D-St: What should investors do with Fortis Healthcare, Allcargo Logistics and Ambuja Cements?

Big Movers on D-St: What should investors do with Fortis Healthcare, Allcargo Logistics and Ambuja Cements?

The Indian market recouped most intraday losses but failed to close in the green on Wednesday. The S&P BSE Sensex recovered after falling more than 1,000 points in the morning trade, while the Nifty50 closed above the 18,000 mark. The S&P BSE Sensex closed with losses of more than 200 points but managed to hold … Read more

Mutual funds load up on these quality mid-cap stocks

Mutual funds load up on these quality mid-cap stocks

Mumbai: Mutual fund managers have been consistent buyers in about 20 mid-cap stocks in each of the past eight quarters amid the sharp swings in the stock market. Stocks such as , V-Mart Retail, Bharat Forge, , , , , , Uno Minda, and Sudarshan Chemicals, among others, have seen an increase in mutual fund … Read more

Rakesh Jhunjhunwala likely exited this PSU firm in June quarter

Rakesh Jhunjhunwala likely exited this PSU firm in June quarter

New Delhi: Ace investor Rakesh Jhunjhunwala likely exited the state-run aluminium miner () during the June 2022 quarter. According to the company’s latest filing, Jhunjhunwala’s name was missing from the key shareholders’ list as of June 30, 2022. Listed companies are obliged to release the name of shareholders holding one per cent or more stake … Read more

Fortis, Apollo roll out Sputnik V at 2 hospitals in Delhi-NCR; over 3,000 vaccinated

Fortis, Apollo roll out Sputnik V at 2 hospitals in Delhi-NCR; over 3,000 vaccinated

According to a Fortis Healthcare official, the hospital chain started providing Sputnik V jabs last week at Fortis Memorial Research Institute, Gurugram and Fortis Hospital, Mohali. (Representational image: IE) Private hospital chains Fortis Healthcare and Apollo Hospitals have started administering Russian COVID-19 vaccine Sputnik V at two of their hospitals in Delhi-NCR, officials said on … Read more

Supreme Court asks 17 lenders to explain Fortis Healthcare’s stake sale

Supreme Court asks 17 lenders to explain Fortis Healthcare’s stake sale

The Supreme Court on Thursday directed 17 lenders, banks and financial institutions to explain the share sale by ‘s former promoters Malvinder Singh and Shivinder Singh. Passing a slew of directions, a bench comprising Justices U.U. Lalit, Indira Banerjee and K.M. Joseph said: “We direct all the notice banks and financial institutions: – (a) to … Read more

Hospitals gear up to keep the virtual OPDs running even after Covid-19

Hospitals gear up to keep the virtual OPDs running even after Covid-19

New Delhi: With virtual consultations on the rise in India as a safe way of treating patients during Covid-19 times, doctors, hospitals and clinics are rethinking how technology can be used to meet healthcare needs, anticipating wider use of the digital route after the pandemic subsides. Apollo Hospitals, Fortis Healthcare and Manipal Hospitals are among … Read more