The market narrative is increasingly shifting towards select pockets of growth within banking, consumption, and healthcare, says Shibani Sircar Kurian, Senior Fund Manager and Head – Equity Research at Kotak Mahindra Asset Management Company. In an exclusive interaction with ET Now, Kurian outlines her perspective on PSU banks, NBFCs, discretionary consumption, and emerging opportunities in … Read more
Market expert Dipan Mehta from Elixir Equities shared his insights on IT, consumer electronics, insurance, and healthcare sectors, emphasizing selective investment opportunities in an otherwise subdued market environment. On the IT sector, Mehta in an interview to ET Now noted, “It is one of selectivity and we have seen the results so far which have … Read more
The technology sector continued to dominate market discussions this week as investors brace for a flurry of updates from top IT firms. TCS will kick off the earnings calendar, followed by management commentary and subsequent market reactions later in the week. Speaking to ET Now, Pankaj Pandey, Head Research, ICICIdirect.com highlighted that the IT index … Read more
The healthcare sector is witnessing a fresh round of optimism following policy changes that could improve margins for hospital companies. According to Amnish Aggarwal from Prabhudas Lilladher, “latest development actually gives more leeway to all the hospital companies for charging more when the treatment is through government pensions or government schemes. Now, the margins will … Read more
Mutual fund investment has become an appealing opportunity for wealth accumulation. A key advantage of this investment avenue is its accessibility, as individuals can start investing with amounts as low as Rs 100 or Rs 200 through Systematic Investment Plans (SIPs). The power of compound interest, given time to grow, has the potential to turn … Read more
New Delhi : Abhay HealthTech on Saturday announced the acquisition of consumer healthcare products manufacturer MNP Healthcare for an undisclosed amount. The strategic acquisition of MNP Healthcare is a significant milestone in Abhay HealthTech’s expansion plans, reinforcing its presence in the OTC (over the counter) consumer healthcare sector, the company said in a statement. As … Read more
New Delhi: Pristyn Care introduces the Pristyn Care Innovation Lab (PCIL), an incubator designed to drive advancements in AI within the healthcare sector. PCIL will provide early-stage AI startups with a unique platform to pilot and refine their solutions in real-world healthcare environments. From the 47 startups that have applied, a select few will be … Read more
Mirae Asset Investment Managers has announced the withdrawal of the existing temporary suspension on subscription through the Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), switch-ins & lumpsum in Mirae Asset Large and Midcap Fund (‘the Scheme’) and enabling other facilities from August 1, 2024. The fund will resume accepting subscriptions through Systematic Investment Plans … Read more
Budget 2024-25: Before each Budget, the allocation of funds and tax incentives for various sectors become prominent topics of discussion. Leading up to this year’s comprehensive Budget, experts and industry insiders have emphasized the need to increase the healthcare spending as a percentage of GDP. This would enhance accessibility, affordability, and most importantly, the overall … Read more
New Delhi: The Medical Technology Association of India (MTaI), recently organised a high–level meeting with government stakeholders, and MediTech industry captains. The event was graced by Dr Arunish Chawla, Secretary, Department of Pharmaceuticals (DoP), and Aseem Sahu, Deputy Drugs Controller, Central Drugs Standard Control Organisation (CDSCO). The meeting revolved around India’s prospects and obstacles within … Read more