This investment marks SOF's first investment in the Indian healthcare sector and will support Manipal Hospitals'' journey of growth to become one of Indias largest hospital chains, a joint statement said.
Finance Minister Nirmala Sitharaman today announced a big reduction in the income tax rate for corporates. The government has slashed basic corporate tax rate to 22 per cent from 30 per cent while for new manufacturing companies it has been cut down to 15 per cent from 25 per cent.
“We are happy to announce our first-quarter results for FY20. Q1 is typically a lean quarter for the industry but we have witnessed a healthy revenue and volume growth," says Ameera Shah, Managing Director of Metropolis Healthcare Ltd about their recent financial reports for the quarter.
We look forward to a budget that focuses on overall health and wellness thereby contributing to better productivity. Positive policies that will make healthcare more simple, affordable and accessible to common people are the need of the hour.