Max Healthcare Institute consolidated net profit rises 30.35% in the June 2025 quarter
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
26 minutes ago
- Economic Times
Railways to go airport mode: Luggage to be weighed at stations, fines for oversize bags soon
Synopsis Indian Railways will enforce strict baggage rules, requiring passengers to weigh luggage at select stations, with excess weight or bulky items incurring penalties. Baggage limits will vary by class. Redeveloped stations like Prayagraj Junction will feature premium retail outlets and airport-like amenities. From Dec 2026, only ticketed passengers may access terminal areas, mirroring air travel protocols. PTI The Indian Railways is set to implement strict baggage regulations for train passengers, closely mirroring the practices followed in air travel, said a TOI report. As per proposed rules, travellers will be required to pass their luggage through electronic weighing machines at key railway stations, with permissible weight limits strictly enforced. Those carrying baggage beyond the allowed limit or luggage that is too bulky despite being underweight will be subject to additional charges or Railways plans to roll out premium single-brand stores at revamped stations, offering products like clothing, footwear, electronics, and travel accessories. An official said the initiative aims to enhance passenger convenience, generate additional revenue, and give stations a modern, airport-style allowances differ by travel class—70 kg for AC First Class, 50 kg for AC Two Tier, 40 kg for AC Three Tier and Sleeper Class, and 35 kg for General Class. Oversized luggage that disrupts onboard space may incur penalties, even if within weight limits."The move is aimed at ensuring a more efficient and comfortable travel experience, especially for passengers on long-distance routes," said senior divisional commercial manager (DCM) Himanshu Shukla of the Prayagraj division of NCR. The initial rollout will cover major stations under the NCR zone, including Prayagraj Junction, Prayagraj Chheoki, Subedarganj, Kanpur Central, Mirzapur, Tundla, Aligarh Junction, Govindpuri and at these stations will only be allowed access to the platforms after their baggage has been weighed and cleared within the prescribed limits, said Junction is undergoing a massive redevelopment under the Amrit Bharat Station Scheme, with an investment of Rs 960 crore. The project is set to transform the station into a model rail hub, featuring a nine-storey structure equipped with world-class amenities. Facilities will include spacious waiting lounges, high-speed Wi-Fi, solar energy systems, rainwater harvesting, automated ticket vending machines and digital information Dec 2026, access to the terminal area will be permitted only to passengers with a valid train ticket, which will function as a "boarding pass" — like airports. Non-travellers will need a platform ticket, which will now act as a "visitor pass".Prayagraj Junction's transformation is especially significant considering the massive footfall expected during the upcoming Kumbh and Maha Kumbh festivals. To manage this efficiently, the station will follow a seven Core Service (CS) concept to streamline arrival and departure traffic. The new infrastructure will also be divyang-friendly, culturally integrated and designed as a green building powered by solar energy."Once completed, Prayagraj Junction is set to become a model for station redevelopment, with Kanpur and Gwalior among those expected to follow in its footsteps," said Shukla. (With TOI inputs)
Time of India
26 minutes ago
- Time of India
Filter Capital, 3one4 back D2C brand R for Rabbit in $27 million primary-secondary deal
Direct-to-consumer baby products brand R for Rabbit has closed a $27 million round led by growth investment firm Filter Capital and early-stage venture capital firm 3one4 Capital The round, comprised primary capital infusion and a secondary share sale, marking the exit of early backer Xponentia Capital , a private equity firm that had invested about $4.5 million (Rs 40 crore) in the firm in funds will be used to fuel growth, strengthen omnichannel distribution, enhance product innovation, and expand digital initiatives, the company said in a in 2014 by husband-wife duo Kunal Popat and Kinjal Popat, the company specialises in baby products, offering a portfolio that includes strollers, car seats, high chairs, diapers, and more. The products are sold through both online and offline channels. According to its website, R for Rabbit has more than 2,000 offline channel partners.'India's babycare industry is on a strong upward curve. With rising disposable incomes and discerning parents seeking uncompromised safety and quality, the market is ripe for brands that can deliver on those expectations,' said chief executive Kunal brand has recorded a revenue compound annual growth rate of over 35% since FY21, with its annual run rate (ARR) for FY25 surpassing $30 on the investment, Sumit Sinha, cofounder and managing partner at Filter Capital, said, 'We are bullish on the long-term potential of the baby care category in India. R for Rabbit stands out with its product innovation, high customer delight, and robust growth metrics.'Anurag Ramdasan from 3one4 Capital added, '...we were seeking high-impact consumer brands with category leadership and scalability'.
Hans India
26 minutes ago
- Hans India
MP to launch Rs 371 crore electronics manufacturing cluster for R&D
In a boost to India's electronics and semiconductor ambitions, Madhya Pradesh is set to establish a state-of-the-art Electronics Manufacturing Cluster (EMC) with an investment of Rs 371 crore, aimed at advancing research and development in the sector. The Government of India has granted in-principle approval for the project, which will be jointly funded by the Centre and the state government. Madhya Pradesh will contribute Rs 225 crore, while Rs 146 crore will come from the central allocation, Kailash Vijayvargiya, the urban development minister, said here on Tuesday, announcing the cabinet decision. The EMC is expected to be a transformative step for science and technology in the region, providing a dedicated platform for innovation, testing, and product development. According to officials, the cluster will include advanced facilities such as testing and calibration labs, CAD/CAM design houses, tool rooms, and EMI/EMC centres, enabling engineering graduates and budding scientists to engage in cutting-edge research. Chief Minister Dr Mohan Yadav, who has been championing the state's semiconductor and electronics policy, emphasised that the cluster will bridge the gap between academic institutions and industry. 'We have several engineering colleges, but they lack the infrastructure and mentorship needed to channel talent into meaningful innovation. This cluster will offer our young scientists the opportunity to work on real-world R&D projects,' Vijayavargiya said. Earlier during the Global Investors Summit 2025, the chief minister had said the EMC will be part of a broader push under the Madhya Pradesh Semiconductor Policy-2025, which aims to attract Rs 2,700 crore in investments over five years and generate over 14,000 jobs. The policy includes capital investment subsidies, concessional land, and power tariff support to incentivise companies to set up operations in the state. Union Minister Ashwini Vaishnaw, speaking at the summit, noted that Madhya Pradesh is emerging as a key player in India's electronics manufacturing ecosystem. With two EMCs already approved in Bhopal and Jabalpur, and over 85 companies active in the sector, the state is poised to become a hub for domestic and export-oriented electronics production. The new cluster is expected to not only strengthen India's technological capabilities but also empower the next generation of innovators with the tools, mentorship, and infrastructure needed to lead the country's digital future.
