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Latest Articles in finance

Cashfree Supports Mission Oxygen To Fight COVID-19

Mission Oxygen is aimed at helping hospitals across India get immediate access to oxygen concentrators and cylinders.

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Bharat Biotech Reduces Price of Covaxin to Rs.400

A day after Covishield prices fall to Rs.300 per dose. Bharat Biotech also reduces the cost of Covaxin.

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Canada Announces Funding Support In Response To COVID-19 In India

“Canada stands with the people of India as they go through these difficult times. This funding will help meet some of the most urgent medical needs like purchasing and distributing essential supplies as well as supporting vital blood and ambulance services.” - Karina Gould, Minister of International

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NIIFL Announces Rs 2,100 Crore Investment In Manipal Hospitals

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.

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Hamdard Laboratories Launches ‘Immunity Booster’ and ‘Respiratory Health’ Kits

The Unani medicine Kits have some amazing health and wellness products which are known for their preventive and curative nature and ability to fight chronic illnesses.

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How Health Financing Can Help The Migrant Workers In The Current Times

Migrant workers constitute a large part of the informal sector which employs close to 93% of workers in India 1 and contributes nearly 50% of economic output 2 .

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Syngene Reports Solid Q4 Growth, Ends Year On Strong Note

Q4 revenue up 13% to Rs. 628 Cr, PAT up 20% to Rs 120 Cr; full year revenue up 10% to Rs 2094 Cr

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NATHEALTH Welcomes Corporate Tax Cut, Recommends GST Reforms

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.

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HealthCare Global Enterprises Ltd. Reports Q1 FY20 Results

Revenue for Q1 FY20 of INR 2,689 Million, a growth of 19 per cent (y-o-y) and EBITDA for Q1 FY20 of INR 462 Million, at an EBITDA margin of 17 per cent.

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Metropolis Healthcare Limited Reports Consolidated Results for Q1FY20

“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.

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