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Quality Care India plans to invest Rs 600 crore to set up healthcare facility in Nagpur

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Quality Care India plans to invest Rs 600 crore to set up healthcare facility in Nagpur
Nagpur: Healthcare provider Quality Care India Limited is planning to invest approximately Rs 600 crore to create a future-ready healthcare facility here.

Quality Care India Ltd, one of India’s leading healthcare platforms, has received the letter of acceptance (LoA) for the development of a 350+ bed multi-speciality hospital in Nagpur, marking a significant milestone in strengthening healthcare infrastructure in Maharashtra and Central India, the healthcare firm said in a release.

The LoA was exchanged between Maha-Metro and Quality Care India in the presence of Chief Minister Devendra Fadnavis and Union Minister Nitin Gadkari during the Advantage Vidarbha event in Nagpur.

The proposed Care hospital will be developed on Maha-Metro land near Kasturchand Park Metro Station in Nagpur, a key urban and transit hub in the city, the release said.

As part of the project, Quality Care India Limited will invest approximately Rs 600 crore towards hospital development, creating a future-ready healthcare facility designed to serve both Nagpur and the surrounding regions, it added.

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“This project reflects the growing importance of structured public-private partnerships in building healthcare systems that are accessible, integrated, and sustainable. By aligning healthcare infrastructure with urban development, we can create scalable models that deliver high-quality care beyond metros.
“For cities like Nagpur, such collaborations are critical to strengthening regional healthcare capacity and addressing the long-term needs of Tier 2 and Tier 3 markets,” Quality Care India Group Managing Director Varun Khanna said.The hospital is expected to become operational in a phased manner and is anticipated to create over 1,500 direct and indirect employment opportunities, while strengthening Vidarbha as a regional healthcare destination.

It will feature specialised centres of excellence across cardiac sciences, oncology, Gastroenterology, trauma care and neurosciences, bringing advanced medical care closer to patients in Central India.

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Key social issues identified in charity report

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Key social issues identified in charity report

Each year, Citizens Advice selects social policy areas for analysis based on its clients’ issues.

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The Stock Market Now Drives the Economy. How Much Longer Can That Last?

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The Stock Market Now Drives the Economy. How Much Longer Can That Last?

The Stock Market Now Drives the Economy. How Much Longer Can That Last?

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M-cap of six of top 10 most valued firms climbs Rs 63,000 crore; L&T, SBI biggest gainers

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M-cap of six of top 10 most valued firms climbs Rs 63,000 crore; L&T, SBI biggest gainers
The combined market valuation of six of the top-10 valued firms climbed Rs 63,478.46 crore last week, led by Larsen & Toubro and State Bank of India, which emerged as the biggest winners.

The 30-share BSE Sensex rose 187.95 points, or 0.22 per cent, over the past week.

Larsen & Toubro, State Bank of India (SBI), HDFC Bank, Life Insurance Corporation of India (LIC), Bajaj Finance, and Reliance Industries were the gainers, while Bharti Airtel, ICICI Bank, Infosys, and Tata Consultancy Services saw their valuations erode.

The market valuation of Larsen & Toubro jumped by Rs 28,523.31 crore to Rs 6,02,552.24 crore. SBI added Rs 16,015.12 crore to Rs 11,22,581.56 crore.

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The valuation of HDFC Bank climbed by Rs 9,617.56 crore to Rs 14,03,239.48 crore, and that of LIC edged higher by Rs 5,977.12 crore to Rs 5,52,203.92 crore.


The market capitalisation (mcap) of Bajaj Finance advanced Rs 3,142.36 crore to Rs 6,40,387 crore, and that of Reliance Industries went up Rs 202.99 crore to Rs 19,21,678.78 crore.
However, the mcap of Bharti Airtel tumbled Rs 15,338.66 crore to Rs 11,27,705.37 crore.The valuation of ICICI Bank eroded by Rs 14,632.10 crore to Rs 9,97,346.67 crore.

Infosys’ mcap declined by Rs 6,791.58 crore to Rs 5,48,496.14 crore and that of Tata Consultancy Services (TCS) dipped Rs 1,989.95 crore to Rs 9,72,053.48 crore.

Reliance Industries remained the most-valued firm, followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India, and Infosys.

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Lam Research: Don’t Chase The Stock (NASDAQ:LRCX)

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Lam Research: Don't Chase The Stock (NASDAQ:LRCX)

This article was written by

I’m a full-time investor with a strong focus on the tech sector. I graduated with a Bachelor of Commerce Degree with Distinction, major in Finance. I’m also a proud lifetime member of the Beta Gamma Sigma International Business Honor Society. My core values are: Excellence, Integrity, Transparency, & Respect. I always, to the best of my ability, hold true to these values which I believe are key for long-term success. I would like to invite all of my readers to leave their constructive criticism and feedback in the comments section so that I can further enhance the quality of my work moving forward. Thank you and God Bless America!

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Russia hits Ukraine energy infrastructure with major missile, drone strikes, Kyiv says

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Russia hits Ukraine energy infrastructure with major missile, drone strikes, Kyiv says


Russia hits Ukraine energy infrastructure with major missile, drone strikes, Kyiv says

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Microsoft’s Head of Gaming to Retire After 38 Years at Company

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Microsoft’s Head of Gaming to Retire After 38 Years at Company

Phil Spencer, Microsoft’s MSFT -0.31%decrease; red down pointing triangle executive vice president and chief executive of gaming, is set to retire from the company after 38 years, a run during which he built the company up as a videogames powerhouse only to see it lose ground in recent years.

Microsoft has promoted Asha Sharma, president of its CoreAI Product unit, to succeed Spencer as head of Microsoft Gaming, effective immediately, according to the company.

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South Korea protests Japanese event over disputed islands

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South Korea protests Japanese event over disputed islands


South Korea protests Japanese event over disputed islands

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Australia threatens countermeasures as Trump’s global tariffs hit 15%

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Australia threatens countermeasures as Trump’s global tariffs hit 15%

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Stocks End the Week Higher After Supreme Court Tosses Trump’s Tariffs

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Stocks End the Week Higher After Supreme Court Tosses Trump’s Tariffs

U.S. stocks ended the week on a high note after the Supreme Court threw out President Trump’s sweeping tariffs, with all three major indexes logging weekly gains. 

The gains held on even after Trump threatened a 10% global tariff to replace those thrown out by America’s highest court. The S&P 500 advanced 1.1% for the week, and the Dow Jones Industrial Average added 0.3%. The Nasdaq composite rose 1.5%, snapping its longest streak of consecutive weekly declines since 2022, according to Dow Jones Market Data.

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