CGH unveils first home-based prehabilitation program for cancer patients

In a latest development across the medical fraternity, patients recently diagnosed with cancer and awaiting surgery can conduct their pre-operation prehabilitation at home, with the introduction of Changi General Hospital (CGH). Apparently....

Kenko Health raises $12 Mn funding to transform healthcare services

Kenko Health, an Insurtech startup, has reportedly raised $12 million in a Series A funding tranche, led by Sequoia Capital India. The financing round also observed participation from previous investors Orios, Beenext, Waveform and 9Unicorn....

India’s Life Insurance Corp. files for a USD 8 Bn stock market debut

Life Insurance Corporation of India has reportedly filed papers to sell 5% of the company shares to raise approximately USD 8 billion, marking it as India’s largest IPO by a considerable margin. The Mumbai-based insurance and investme....

Tesla to face Californian lawsuit over alleged racial discrimination

A California state agency has reportedly sued Tesla after certain black workers at its factory alleged that the company allowed racial discrimination, adding to the plethora of pending lawsuits against the electric car maker. The suit file....

Toyota, Ford forced to halt production over truckers’ protest in Canada

Automotive giants such as Ford and Toyota have confirmed to have halted production at some of their plants owing to the massive truckers’ protest against the vaccine reforms in Canada. This shows the economic ramifications of the prot....

Microsoft eyeing Mandiant buyout to reinforce its cybersecurity arsenal

Microsoft generated USD 15 billion in security software sales in 2021. Adding Mandiant would help reinforce Microsoft’s arsenal of cybersecurity solutions. Microsoft Corp. is reportedly in advanced discussions to acquire Mandian....

Pfizer likely to spend on M&A deals using COVID-19 vaccine revenues

Investors are reportedly looking forward to ascertaining Pfizer Inc.’s plans for the massive, possibly once-in-a-generation cashflow from COVID-19 vaccines and treatments in 2022, with some hoping that the drugmaker will use them to e....

India leads in embedding sustainability across corporate plans: Report

As per a report by Russel Reynolds Associates, around 57% of corporations in India have implemented a strategy that is aimed at ensuring sustainability across their business strategies. The report has also analyzed if such a strategy is bei....

Porsche forecasts high sales in 2022 despite the global chip crunch

Automakers across the world have been dealing with an acute shortage of semiconductors due to supply chain disruptions caused by the COVID-19 pandemic. However, Porsche AG has managed to navigate this crisis as the company has predicted pea....

Crypto worth USD 320 million stolen from blockchain bridge Wormhole

Cryptocurrency platform Wormhole, which permits easy movement of cryptocurrencies and non-fungible tokens (NFTs) between the Solana and Ethereum blockchains, has reportedly been robbed of around 120,000 wrapped Ethereum (WETH) tokens worth ....