Corporation official suspended for allegedly accepting bribes for issuing occupancy certificate

Corporation official suspended for allegedly accepting bribes for issuing  occupancy certificate

The Local Self Government Department on Saturday suspended an official of the Thiruvananthapuram Corporation for allegedly accepting bribes from a person who applied for an occupancy certificate. LSGD Principal Director Seeram Sambasiva Rao issued orders to suspend K.M.Shibu, who earlier served as the Superintendent of the engineering section of the Corporation for allegedly accepting a … Read more

Max Healthcare net profit growth down due to higher taxes: Abhay Soi

Max Healthcare net profit growth down due to higher taxes: Abhay Soi

Abhay Soi, MD & CEO, Max Healthcare, says in the previous year, EBITDA to free cash flow translation used to be 78%, it has come down to 70%. It is due to the higher amount of taxes that Max Healthcare is paying. Soi further says that any hospital chain which has capacity constraints going forward … Read more