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Business

Zerodha's Nithin Kamath says Indians one hospitalization away from bankruptcy

India is grappling with one of the highest rates of medical inflation in Asia, standing at 14%, coupled with a burden on individuals who pay for their own healthcare. A staggering 71% of Indian workers cover their healthcare costs out of pocket, a figure that is alarmingly high compared to global standards. According to 2021 data, India ranks 28th globally for out-of-pocket health expenditure, surpassing even many low-GDP African nations.


Gautam Adani replaces Ambani to become wealthiest Indian with networth of Rs 11.6 lakh cr

Mumbai: Recouping the dent caused by the Hindenburg Research report, Gautam Adani's networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday.

 

 


LATEST HEADLINES

MP HC sets up judicial commission to probe water contamination in Indore


'India, US moving closer to trade deal after very significant progress in talks'


UK PM Keir Starmer takes ‘China matters’ message on first Beijing visit


Belagavi: Married man jumps into Malaprabha river with lover


Speaker rules out discussion on Guv''s conduct amid K''taka Assembly standoff


10 arrested in inter-state drug racket; narcotics worth Rs 4 crore seized


Rupee hits all-time low for second time in a week


Ajit Pawar's death in plane crash an accident, don't bring politics: Sharad Pawar


Domestic help held for stealing cash, jewellery from US couple's house in B'luru


Chartered Speed, EKA Mobility to deploy 1,750 electric buses in Bengaluru


Rohit identifies Arshdeep, Hardik as key to India's chances in T20 World Cup


Building castle in the air: SC irked over non-compliance of orders by states in stray dog case




Nvidia's rapid growth fuels high pressure and long work hours for its employees

In Santa Clara, California, parking spots that were once used by more reasonably priced cars are now filled by a range of luxury vehicles, such as Lamborghinis, Corvettes, and Porsches and a few have been repainted in the lime green found in the Nvidia Corp. logo, it’s because Nvidia workers who worked in technical support for enterprise clients claimed they were expected to work seven days a week, frequently until one or two in the morning, they are stuck where their owners want to be: at the office.

 

Cognizant files lawsuit against Infosys over trade secrets; Infy denies allegations

IT major Cognizant's subsidiary TriZetto has slapped a lawsuit on Infosys in a US federal court, accusing the Bengaluru-headquartered company of stealing trade secrets and information related to healthcare insurance software.

Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs

Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company.

 

Adani to sell 3% in Ambuja Cement for $500 million as part of holdings adjustment in group: Sources

New Delhi: Adani group promoters may sell up to 3 per cent of their shares in Ambuja Cements as part of a regular adjustment of holdings they carry to keep stake across the ports-to-energy conglomerate at desired levels, sources said.

 

Paytm to sell entertainment ticketing biz to Zomato for Rs 2,048 cr

New Delhi: One 97 Communications Limited, which owns the Paytm brand, on Wednesday said it will sell entertainment ticketing business to Zomato for Rs 2,048 crore.

 

Starbucks replaces Laxman Narasimhan with Chipotle’s Brian Niccol as CEO

Washington: In a surprise move, struggling multinational coffee chain Starbucks on Tuesday announced the appointment of Brian Niccol as chairman and chief executive officer replacing Indian-origin CEO Laxman Narasimhan who is stepping down.

 

Investors become poorer by Rs 9.51 lakh cr as markets crash

Investors' wealth eroded by Rs 9.51 lakh crore on Monday morning, following a crash in equity markets where the benchmark Sensex tanked over 2,400 points, mirroring a sharp plunge in global peers.

 

Vistara offers voluntary retirement scheme to non-flying staff ahead of merger with Air India

Vistara has offered voluntary retirement as well as voluntary separation schemes for its non-flying staff, ahead of the full service carrier's merger with Air India, according to officials.

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