COVID-19 impact: Private hospitals' operating profit to decline 35-40% in FY21Private hospitals in India are in a tight spot. A triple whammy of postponement in elective surgeries, revenue loss from highly profitable medical tourism segment, and increasing costs will lead to 35-40 per cent drop in operating profits of private hospitals this fiscal, reveals a CRISIL report. The rating agency has also downgraded credit outlook of private hospitals to moderately negative amidst cash flow challe...

Coronavirus vaccine news: Britain will help fund trials using a manufactured COVID-19 virus to deliberately infect young healthy volunteers with the hope of accelerating the development of vaccines against it

Arbitration hearing pertains to a legal notice issued by Amazon for alleged breach of agreement signed with Future group. It had raised objections over Rs 24,713 crore deal saying Future Group didn't seek prior permission before signing deal with RIL

In an attempt to protect American jobs by reducing the number of immigrants, the US on October 8 mandated that minimum wages for H-1B visa-holders should be 40 per higher on an average

Pompeo will hold two-way talks in Colombo on Oct. 28, a spokesman for Sri Lanka's foreign ministry said

India Stock Market Highlights Today: IndusInd Bank, followed by HDFC, Tata Steel, ICICI Bank, Axis Bank, SBI, Titan, Kotak Bank and Reliance Industries were among the top gainers today. On the other hand, Nestle India, HUL and TCS were among the laggards

Stocks to watch today on October 21: Hindustan Zinc, RIL, L&T Infotech, SpiceJet, Bajaj Auto among others are the top stocks to watch out for in Wednesday's trading session

The development comes less than three weeks after the world's largest online retailer said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year

SBI Clerk result: Candidates who qualify the SBI Clerk prelims examination will be eligible to appear for the SBI Clerk main exam. The SBI will conduct the Junior Associates Main examination on October 31 (Saturday)

Festive season sale: There is an increase in purchase of storage solutions and serveware followed by home linen such as bed sheets, bed covers, bath linen, comforters, cushion covers

Vivifi has launched payment option called 'FlexPay', which enables users to avail of the 'scan now and pay later' option on UPI if they don't have funds available in bank accounts or virtual wallets

A rather good-looking smartphone, the Reno 4 Pro has a premium build quality. Even though it houses a 6.5-inch display, Reno 4 Pro doesn't feel huge or uncomfortable to hold. Instead, the matte finish at the rear awards it a comfortable grip

In its updated list released on October 19, the Department of Home Affairs also included Bangladesh and Germany among the 22 countries it considers are at high-risk for the novel coronavirus

European governments have been tightening controls on Chinese companies building 5G networks, following diplomatic pressure from Washington, which alleges Huawei equipment could be used by Beijing for spying

As per the National Digital Health Mission, everyone enrolled for the mission will get a Health ID that will ease access to medical services

AstraZeneca's large, late-stage U.S. trial has been on hold since Sept. 6, after a participant in the company's UK trial fell ill

These efforts are meant to fast-track the development and roll out of indigenous 5G network infrastructure and services in India

While refunds for 'risky' exporters have been a contentious issue, tax consultants with sizeable client base said that technical glitches are also being cited for pending GST refunds

The recovery in GST e-way bills, electricity, petrol and diesel in September 2020 provides a meaningful pointer to a broader economic revival, ICRA said in its monthly economic review for September

This drop in COVID-19 spread cases in India comes at a time when the virus is making a comeback in the US, the only country ahead of India in the case of total active cases