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IKS Health sees massive growth in US healthcare. The company leverages technology, including AI, to deliver efficient solutions. It aims to expand its market share in the US. IKS Health is also eyeing potential expansion into the Australian and Canadian markets. The company plans to bring its expertise to India in the future.
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News and Media
Samir Ousman al-Sheikh, a former Syrian military official who oversaw Adra Prison, was arrested in Los Angeles on visa fraud charges and subsequently indicted on torture charges. He is accused of overseeing and participating in the torture of prisoners during his tenure. Al-Sheikh's lawyer denies the accusations, calling them politically motivated.
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News and Media
Zomato faces a Rs 803 crore GST demand notice, prompting an appeal from the company. This follows recent scrutiny of their "100% Green Deliveries" claim and a Q2 report showing a 389% net profit increase to Rs 176 crore, despite missing estimates.
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News and Media
India boosted its defense capabilities. The government cleared a deal for 100 K-9 Vajra howitzers. These will be made by Larsen & Toubro. Another deal was signed with Hindustan Aeronautics Ltd for 12 Su-30MKI fighter jets. These projects will also benefit smaller businesses. The deals are worth thousands of crores of rupees.
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News and Media
Vishal Mega Mart's 8,000 crore IPO, entirely an OFS, saw strong interest from non-institutional investors, reaching 1.53 times subscription. Priced at 74-78 per share, the IPO received a 'subscribe' rating from analysts, citing the company's loyal customer base and diverse brand portfolio. The IPO closes today, with allotment expected on December 16.
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News and Media
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