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Business Recorder
4 days ago
- Business
- Business Recorder
Gold prices decline further
KARACHI: Gold prices continued to fall on Saturday as world market further lost momentum, sliding under $3,300 per ounce, traders said. Local gold prices went down by Rs1,400 per tola and Rs1,200 per 10 grams following a decline in world bullion rates by $14 to sell at $3,288 per ounce. The plunge dragged down gold prices to Rs347,200 per tola and Rs297,668 per 10 grams, All Pakistan Sarafa Gems and Jewelers Association said. Domestic silver prices also reduced by Rs24 to Rs3,456 per tola and Rs2,962 per 10 grams. The international market traded silver for $33 per ounce, the association said. Copyright Business Recorder, 2025
Winnipeg Free Press
21-05-2025
- Sport
- Winnipeg Free Press
Dodgers square off against the Diamondbacks with series tied 1-1
Arizona Diamondbacks (26-23, fourth in the NL West) vs. Los Angeles Dodgers (30-19, first in the NL West) Los Angeles; Wednesday, 10:10 p.m. EDT PITCHING PROBABLES: Diamondbacks: Corbin Burnes (3-1, 2.56 ERA, 1.25 WHIP, 43 strikeouts); Dodgers: Dustin May (1-4, 4.43 ERA, 1.28 WHIP, 41 strikeouts) BETMGM SPORTSBOOK LINE: Dodgers -137, Diamondbacks +115; over/under is 9 runs BOTTOM LINE: The Los Angeles Dodgers and Arizona Diamondbacks meet on Wednesday with the winner claiming the three-game series. Los Angeles is 30-19 overall and 18-8 at home. The Dodgers are 20-7 in games when they hit two or more home runs. Arizona has a 26-23 record overall and a 13-10 record on the road. The Diamondbacks have an 18-8 record in games when they scored five or more runs. The teams match up Wednesday for the seventh time this season. The season series is tied 3-3. TOP PERFORMERS: Shohei Ohtani leads the Dodgers with 17 home runs while slugging .668. Freddie Freeman is 15 for 39 with five doubles, a home run and four RBIs over the last 10 games. Geraldo Perdomo has 13 doubles, six home runs and 37 RBIs while hitting .307 for the Diamondbacks. Gabriel Moreno is 13 for 38 with three doubles and three home runs over the last 10 games. LAST 10 GAMES: Dodgers: 4-6, .292 batting average, 5.40 ERA, outscored opponents by six runs Diamondbacks: 6-4, .278 batting average, 4.84 ERA, outscored opponents by four runs INJURIES: Dodgers: Kirby Yates: 15-Day IL (hamstring), Blake Snell: 60-Day IL (shoulder), Roki Sasaki: 15-Day IL (shoulder), Evan Phillips: 15-Day IL (forearm), Blake Treinen: 60-Day IL (forearm), Michael Kopech: 60-Day IL (shoulder), Tyler Glasnow: 15-Day IL (shoulder), Edgardo Henriquez: 60-Day IL (foot), Kyle Hurt: 60-Day IL (elbow), Emmet Sheehan: 60-Day IL (elbow), Michael Grove: 60-Day IL (shoulder), Brusdar Graterol: 60-Day IL (shoulder), River Ryan: 60-Day IL (elbow), Gavin Stone: 60-Day IL (shoulder) Diamondbacks: Eduardo Rodriguez: 15-Day IL (shoulder), Justin Martinez: 15-Day IL (shoulder), A.J. Puk: 60-Day IL (elbow), Jordan Montgomery: 60-Day IL (elbow), Blake Walston: 60-Day IL (elbow) ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.
Yahoo
13-05-2025
- Business
- Yahoo
Star Health Announces New Board Appointments
CHENNAI, India, May 13, 2025 /PRNewswire/ -- Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's largest retail health insurance company has announced key appointments and leadership updates, underscoring the company's commitment to strengthening its executive leadership and operational capabilities. Mr. Amitabh Jain, Chief Operating Officer has now been elevated as Whole-time Director and designated as a Key Managerial Personnel. Mr. Jain is a seasoned professional with over 25 years of experience in financial services. He is currently serving as the Chief Operating Officer at Star Health, a position he assumed in 2023. Mr. Jain was a founding member of ICICI Lombard and brings with him a deep understanding of operational excellence and strategic growth. He holds an engineering degree, an MBA, and is a CFA charter holder. Mr. Himanshu Walia, Chief Marketing Officer has also now been elevated as Whole-time Director and designated as a Key Managerial Personnel. Mr. Walia brings over 22 years of rich experience in the insurance sector. He has been an integral part of Star Health Insurance since 2007, serving as the Chief Marketing Officer, and has played a pivotal role in building the company's brand and market presence. Prior to joining Star Health, he held leadership roles at ICICI Lombard and Tata AIG. Mr. Walia holds an MBA in Marketing. The effective date of appointment for both would be the date of approval by IRDAI. These appointments reflect the company's focus on enhancing leadership depth and driving future growth through experienced and visionary professionals. About Star Health and Allied Insurance Star Health and Allied Insurance Co. Ltd. (BSE: 543412) (NSE: STARHEALTH) is a market leader in standalone health insurance in India. The Company commenced operations in 2006 and is India's first Standalone Health Insurance Company. Star Health Insurance provides Health, Personal Accident and Travel Insurance to customer. The Company has grown to emerge as one of the preferred private health insurance Company in India with several pioneering products and services to its credit. With customer-centricity at its core, the Company has superior and innovative product offerings, service capabilities and a seamless claims management process. Star Health offers tailor made products to cater to the needs of customers across cancer, diabetes, cardiac illnesses and senior citizen, women and children specialized suite of health insurance offerings. Star Health is India's first health insurance Company to settle over 1 crore claims. Star Health Insurance has a strong multi-channel distribution network with 913 offices, with 14,000+ network hospitals, over 7,75,000 licensed agents, robust bancassurance and financial institution partners, and 17,000 employees. In FY25, Star Health's gross written premium stood at Rs.17,553 Cr with its net worth at Rs.8,668 Cr. For more information, visit Logo: View original content:
Business Mayor
06-05-2025
- Business
- Business Mayor
Trent on path to expand presence beyond metros, revival in SSSG will be crucial
Trent reported the steepest decline in net profit for the March quarter since the Covid period on account of the continued expansion of Zudio stores and lower same-store sales growth (SSSG). Margins contracted due to higher discounts and a rising share of low-margin Zudio business in the revenue mix. The company's store additions remained robust. The back-ended expansion of Zudio is likely to support revenue growth in the coming quarters. In addition, the company is expected to focus on new categories, including lab-grown diamonds and beauty products, which may keep the top line buoyant. Analysts have maintained a 'BUY' rating on the stock, projecting 25–26 per cent annual growth in revenue and net profit over FY25–27. Trent's revenue grew by 29 per cent year-on-year but fell by 10 per cent in the fourth quarter of FY25 from the previous quarter, reflecting sequential weakness after the end of the festive season. Net profit slipped 47 per cent in the March 2025 quarter year-on-year and by 26 per cent sequentially amid sustained store expansion. The company opened 13 Westside and 40 Zudio stores during the quarter. The company's effective cost management resulted in a decline in rent cost by 20 per cent year-on-year. Analysts stated that despite some pressure on gross margins due to Zudio's lower price positioning, the operating margin before depreciation and amortisation (EBITDA margin) is expected to remain stable at 16–17 per cent , supported by cost control. For the fiscal year 2025, the company's revenue and net profit jumped 40 per cent and 10 per cent year-on-year to Rs16,668 crore and Rs1,584.8 crore, respectively. A lower profit growth was due to a higher base last year on account of an exceptional item of Rs 576 crore with respect to the gain on reassessment of lease estimates. 'Trent's expansion hinged on a focus on tier II-III cities. It added presence in 64 new cities and towns,' stated Elara Securities in a report. The brokerage expects 17 per cent and 8 per cent annual growth in store count for Zudio and Westside between FY25 and FY28. The combined retail area for Zudio and Westside stores increased by 40 per cent to 9.5 million square feet in FY25. The company earned 6 per cent revenue from the online sales channel. Trent's SSSG has gradually moderated over the past two quarters reflecting slower demand. Motilal Oswal Financial Services mentioned in a report that Trent's SSSG slipped to a mid-single digit in March 2025 quarter from high-single digit in December 2024 quarter and double digit growth in September 2024 quarter. Analysts expect growth in FY26 to be aided by Zudio's back-ended store additions. A recovery in SSSG would be a crucial ingredient. Despite short-term challenges, analysts remain upbeat on Trent's structural growth prospects. Motilal Oswal values Trent at Rs 6,900 per share, and Elara has maintained a target price of Rs 8,300 compared with Monday's closing price of Rs 5,374 on the BSE.
Time of India
28-04-2025
- Health
- Time of India
44 Ganjam children with heart condition sent to Mumbai for free treatment
1 2 Berhampur: In a major healthcare initiative, 44 children from Ganjam district suffering from congenital heart disease (CHD) departed for Mumbai on Monday to undergo free surgeries under the Rashtriya Bal Swasthya Karyakram (RBSK) scheme. The children, aged between three months and 15 years, will receive treatment at Narayana Health SRCC Children's Hospital . A team of four doctors is accompanying the children and their parents to coordinate the treatment process. "The hospital's medical team will conduct additional tests upon arrival to finalise the surgery schedule for each patient," said Lopamudra Mishra, district Manager of RBSK. Chief district medical and public health officer Bhabani Shankar Mishra, along with senior doctors, extended their best wishes to the young patients and their families before their departure. The children were identified through health screenings conducted by RBSK teams across anganwadi centres, schools, and colleges in villages throughout the district. Two mobile health teams led the screening efforts at the block level. Initially treated at the City Hospital in Berhampur, the children were referred to SRCC Hospital following doctors' recommendations for immediate surgery. Since the implementation of the RBSK scheme in Ganjam district in 2016, a total of 668 children with CHD have received free life-saving surgeries. This group represents the first batch sent for treatment in 2025.
