Aster DM Healthcare and Quality Care India Limited are merging to form Aster DM Quality Care Limited, positioning themselves among India's top three hospital chains. The merger, approved by both boards, will create a network of 38 hospitals with over 10,150 beds across 27 cities, enhancing patient care and operational efficiency. The new entity aims to address bed shortages in underserved regions and is expected to drive significant revenue growth and expansion opportunities.
St. Galler Kantonalbank forecasts low interest rates through 2025, with potential cuts bringing the key rate to 0.5%. While gold is recommended as a stable portfolio component, Bitcoin is viewed as a speculative investment due to its volatility and market correlation. In contrast, the US and UK are integrating cryptocurrencies into pension funds, highlighting a growing institutional interest. Meanwhile, the presale of Pepe Unchained, a meme coin with innovative features, has raised nearly $58 million, indicating strong market interest.
14:17 29.11.2024
PE-VC investments in India's healthcare sector declined to $5.33 billion in the first 11 months of 2024, a 14% drop from 2023. Despite this slowdown, experts remain optimistic about the sector's long-term growth, projecting annual investments of $5-6 billion, driven by favorable demographics and increasing healthcare spending. The healthcare market is expected to reach $285 billion by 2028, highlighting the need for additional hospital beds and improved insurance coverage.
Despite a softening advertising market, college football remains a lucrative draw for networks, with Disney's platforms experiencing record viewership this season due to the expanded 12-team College Football Playoff format. Advertisers are seeing increased engagement, with Disney's ad slots proving significantly more effective than competitors. As a result, Disney has sold out most of its advertising spots for the upcoming championship games, reflecting a strong demand for college football content.
BAE Systems Plc shares dropped 4.5%, marking the largest decline in two months, following a downgrade by Bank of America Corp. Analysts cited risks of potential US government spending cuts under Elon Musk's oversight. This sell-equivalent recommendation stands out, as only two other firms among 224 tracked by Bloomberg have issued negative ratings.
During the trading session, domestic institutional investors (DIIs) net bought shares worth Rs 5,723 crore, while foreign institutional investors (FIIs) net sold shares worth Rs 4,384 crore. DIIs purchased Rs 15,202 crore and sold Rs 9,478 crore, while FIIs bought Rs 14,786 crore and offloaded Rs 19,170 crore. Year-to-date, FIIs have net sold Rs 2.99 lakh crore, contrasting with DIIs' net purchases of Rs 5.7 lakh crore.
The Bank of England has warned that rising global trade barriers could negatively impact growth and increase inflation uncertainty, leading to financial market volatility and higher borrowing costs. Governor Andrew Bailey highlighted the risks of reduced international cooperation and the potential for a fragmented global economy, while emphasizing the resilience of the U.K. banking sector. The BoE plans to conduct full stress tests on banks every two years starting in 2025 to enhance competitiveness and address emerging financial risks.
DLF's subsidiary has sold a tech park in Kolkata to the Primarc and RDB group for Rs 637 crore. JLL acted as the sole transaction advisor, while Shardul Amarchand Mangaldas & Co and PwC provided legal and financial advisory services to DLF, respectively.
Brazilian markets are on track for their worst week in two years, driven by a disappointing government spending cut plan that heightened budget concerns. The real fell 1.6% on Friday, contributing to a nearly 5% decline this week, making it the weakest performer among developing nations. An ETF tracking Brazilian equities dropped 4.6% in premarket trading in New York, adding to a 3.8% loss from earlier sessions.
VP Bank's share price rose by 0.31% to EUR 80.50 on November 29, 2024, marking a monthly increase of 4.56%, while the annual performance shows a decline of 6.94%. The bank's market capitalization stands at EUR 484.2 million, with a P/E ratio of 14.07 and a price/sales ratio of 1.35, indicating a stable valuation. Recent analysis suggests shareholders may need to consider their options regarding buying or selling shares.
14:10 29.11.2024
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings