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HealthThe Supreme Court of India raised concerns over steep markups on cancer drugs by hospitals and called for an investigation into reports of patients being directed to specific pharmacies. Following this, the BSE Hospitals Index dropped 5%, causing significant losses for major companies like Apollo Hospitals and Fortis Healthcare.
ET Markets·3h ago
PoliticsThe Gujarat High Court rejected Asaram's 20-day temporary bail plea to meet his wife, Laxmidevi Harpalani, who is hospitalized in Ahmedabad with heart failure and hypertension. Asaram is serving life sentences in two separate 2013 rape cases involving minors. The court considered police and medical reports before denying bail, noting Laxmidevi's condition had improved with treatment.
Hindustan Times·33m ago·Ahmedabad
TechnologyJio marks its 10-year journey in India by introducing a new offer for JioBharat phones. The Anniversary Offer helps feature phone users upgrade from 2G to 4G. Eligible JioBharat 4G devices come with six months of free connectivity benefits to ease the transition for users.
Economic Times·37m ago
BusinessTwo SME IPOs, Roopa Screen and Peshwa Wheat, will list on the BSE SME platform on October 1. Roopa Screen shares are trading at a grey market premium (GMP) of around 66%, while Peshwa Wheat has no reported GMP. Together, these IPOs raised Rs 72.72 crore from investors.
ET Markets·37m ago
BusinessIndian stock markets are expected to open lower as investors react to softer US inflation data, high US Treasury yields, volatile crude oil prices, and ongoing Middle East tensions. Diplomatic talks between the US and Iran show some progress but unresolved issues keep broader de-escalation uncertain. The Gift Nifty index is trading below previous close, indicating a gap-down start. Gold prices remain range-bound.
Mint Markets·37m ago
BusinessMoneyview and A-One Steels India both launched mainboard IPOs open for subscription from September 24 to 28. The share allotment for these IPOs was finalized on September 29. This report compares the grey market premium (GMP) and predicts the listing share prices for both companies.
Mint Markets·42m ago
ET Markets·3h ago
The Supreme Court of India raised concerns over steep markups on cancer drugs by hospitals and called for an investigation into reports of patients being directed to specific pharmacies. Following this, the BSE Hospitals Index dropped 5%, causing significant losses for major companies like Apollo Hospitals and Fortis Healthcare.
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