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Metropolis Healthcare eyes 60% revenue from B2C business in next 2-3 years

Metropolis Healthcare eyes 60% revenue from B2C business in next 2-3 years

Mumbai-headquartered diagnostic services provider Metropolis Healthcare is eyeing 60 per cent of its revenues from the business-to-consumer (B2C) segment in the next two-three years. The company’s current share in the segment is 52 per cent.

As Metropolis focuses on aggressive network expansion, it has been growing its B2C segment. This includes both the prescription-led business and direct customer bookings for tests — over the years.

World entering a highly disruptive green energy era, says Mukesh Ambani

World entering a highly disruptive green energy era, says Mukesh Ambani

Reliance Industries (RIL’s) annual report released on Sunday highlighted the company’s focus on new energy solutions, with Chairman and Managing Director (MD) Mukesh Ambani stating that the age of fossil fuels will not conti­nue much longer.

RIL has sought shareholders’ approval to give Ambani another five-year term as MD till 2029 at nil salary. The recently demerged Jio Financial Services, which “will leverage the prowess of digital and retail businesses”, was expected to be listed soon.

Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for $628 mn

Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for $628 mn

Vijay Shekhar Sharma, founder and chief executive officer (CEO) of Paytm's parent One97 Communications, has agreed to purchase a 10.3 per cent stake in the fintech firm from Antfin (Netherlands) Holding BV, the company said in a filing on Monday.

The purchase will be made off-market via Sharma's 100 per cent owned Netherlands-based entity Resilient Asset Management BV. After the transaction, Sharma's stake in the company will rise to 19.42 per cent, and Antfin will cease to be the largest shareholder of Paytm.

FPIs withdraw Rs 2,000 cr in first week of Aug due to Fitch downgrading

FPIs withdraw Rs 2,000 cr in first week of Aug due to Fitch downgrading

After five months of sustained buying, foreign investors have turned net sellers and pulled out over Rs 2,000 crore from the Indian equities in the first week of August, mainly due to Fitch downgrading the credit rating for the US.

In addition, the rich and stretched valuations and minor profit booking could be the reasons for this outflow, Yes Securities Chief Investment Advisor Nitasha Shankar said.

TDP chief Chandrababu Naidu harps on Modi’s ‘once again appeal

TDP chief Chandrababu Naidu harps on Modi’s ‘once again appeal

Telugu Desam Party national president N. Chandrababu Naidu on Friday, August 5, 2023, vowed to make Andhra Pradesh the number one State in India and to uphold the pride of Telugu people worldwide.

Addressing a public meeting at Puthalapattu near Chittoor, Mr. Naidu said that Prime Minister Narendra Modi was asking the people to give a “third chance” to the NDA government so as to make India the third biggest economy in the world.

Onion prices likely to hit ₹60-70/kg in September: report

Onion prices likely to hit ₹60-70/kg in September: report

Onion prices are likely to start shooting up in the retail market towards the end of August before going up further to around ₹60-70 per kg next month due to tightened supplies, a report said on August 4.

However, the prices will remain below the highs of 2020, it said.

Honeywell appoints Maheshwari as prez & CEO of High Growth Region Portfolio

Honeywell appoints Maheshwari as prez & CEO of High Growth Region Portfolio

Honeywell on Friday announced that Anant Maheshwari would take over as the president and CEO of Honeywell’s High Growth Region portfolio effective September 4, 2023. Maheshwari was the president of Microsoft India.

He will succeed Ben Driggs, who will be taking another leadership role in the company. Maheshwari will be a corporate officer of the company, reporting directly to Honeywell CEO Vimal Kapur and will be located in Dubai.

Vedanta announces new appointments, advisory board for oil business

Vedanta announces new appointments, advisory board for oil business

Vedanta, an Indian multinational corporation specialising in metals and oil, announced on Friday a series of new appointments for its aluminium and oil divisions. Additionally, the company unveiled plans for a new advisory board to guide the oil and gas sector.

John Slaven has been appointed as chief executive officer for the Aluminium Business, also being designated as senior management personnel (SMP), effective from October 3 for a term of 3.5 years.

141 arrested, 55 FIRs filled in connection with violence in Haryana's Nuh

141 arrested, 55 FIRs filled in connection with violence in Haryana's Nuh

As many as 141 people have been arrested and 55 FIRs registered in connection with the violence and rioting at Haryana's Nuh district on Monday, the police informed on Friday.

The toll in the violence that broke out between two groups stood at 6, including 2 police homeguards, while another 88 were injured, police informed further. Escort services can create economic difficulties for some clients. cekmekoy escort The prices of these services may be high for some customers and therefore only available to a certain group.

Apple, Samsung halt laptop imports to India after sudden restrictions

Apple, Samsung halt laptop imports to India after sudden restrictions

Apple Inc., Samsung Electronics Co. and HP Inc. are among the biggest names freezing new imports of laptops and tablets to India after the South Asian country abruptly banned inbound shipments without a license.

Regulators on Thursday surprised the world’s biggest PC makers when they made licenses mandatory for import of electronics from small tablets to all-in-one PCs without a license.

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