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  • Himachal Cabinet approves Rs 56 crore for medical equipment at TMC, AIMSS

    Himachal Cabinet approves Rs 56 crore for medical equipment at TMC, AIMSS

    The state cabinet, during its meeting in Dharamshala on Friday, approved a budget of ₹28 crore for the installation of robotic surgery systems at Tanda Medical College, modeled after AIIMS-Delhi. The cabinet approved a total amount of ₹56 crore to introduce world-class technology at Tanda Medical College and Atal Institute of Medical Super Specialties (AIMSS) at Chamiyana, Shimla.

    The introduction of robotic surgery at Tanda Medical College and AIMSS-Chamiyana will enable advanced surgical services in urology, general surgery, gynecology, cardiothoracic surgery and gastro surgery, enhancing the quality of care for the people of Kangra and Shimla districts and nearby districts.

    Robotic surgery offers numerous benefits, including increased precision and accuracy, faster recovery times, and reduced risk of infection due to minimally invasive techniques.

    CM Sukhvinder Singh Sukhu said that each year, 9.5 lakh patients from the state are forced to seek diagnostic and treatment services outside, leading to a loss of ₹1,350 crore in GDP annually. Hindustan Times

  • Q3FY25: Yatharth Hospitals revenue increases 31.4%, profit 3.4%

    Q3FY25: Yatharth Hospitals revenue increases 31.4%, profit 3.4%

    Shares of Yatharth Hospitals & Trauma Care Services Ltd. fell as much as 4% on Monday, January 27, after the company reported December quarter results, where its net profit remained flat, while margins saw contraction on a year-on-year basis.

    Net profit for the quarter increased by only 3.4% from last year to ₹30.4 crore. However, revenue for the iquarter increased by 31.4% to ₹219 crore from ₹166.7 crore during the same quarter last year.

    Yatharth Hospitals’ Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) went up by 18% to ₹54.7 crore, while margin narrowed by 300 basis points to 25% from 28% last year.

    The company also shared data on how it has utilised the proceeds from the Qualified Institutional Placement (QIP) that it concluded last month.

    It is yet to repay the ₹956.8 crore it planned on using to repay outstanding debt as it had earmarked as part of the fund utilisation plan. The sum currently is classified under unutilised amount.

    Yatharth planned to use ₹2,173 crore to fund in part, the acquisition of two hospitals in Delhi and Faridabad, Haryana, of which, it has utilised ₹1,139 crore from the same.

    This is the only substantial expenditure made from the QIP proceeds so far. ₹5,016 crore out of the ₹6,250 crore raised by the company remain unutilised.

    Yatharth completed its QIP only in late-December and sold shares to eligible institutions at ₹595 apiece. The stock is down nearly 29% from those levels.

    Shares of Yatharth Hospitals are currently trading 4.4% lower at ₹423.45. Barring January 1, January 22 and January 23, the stock has declined in every single trading session for the month of January. CNBCTV18

  • Healthtech industry seeks PLI scheme expansion, standardizing GST rates

    Healthtech industry seeks PLI scheme expansion, standardizing GST rates

    The health-tech founders expect favourable measures from the Union government to advance the digital health infrastructure and democratise access to healthcare in the upcoming Union budget.

    Mudit Dandwate, CEO and co-founder of Dozee, says that the country must prioritise and invest in becoming the global leader in health AI. “This singular focus on health AI leadership can transform the nation’s healthcare landscape, improving quality, infrastructure, and global competitiveness,” he says.

    The health-tech founders observe that building a connected healthcare ecosystem, and enhancing the manufacturing capacity of indigenous medical devices should be prioritised, while noting that India has the talent and technological expertise to lead globally in AI-driven diagnostics, telemedicine, and predictive analytics.

    Dandwate notes that the Union Budget 2025 should expand the Production Linked Incentive (PLI) scheme, investing in AI innovation hubs, and fostering public-private partnerships. “Standardising GST rates at 12 per cent for medical devices and software, alongside increasing customs duties on non-critical imports, will further boost domestic innovation and reduce dependency on imports,” he says.

    Satish Kannan, Co-founder and CEO of MediBuddy, says that with India having the world’s largest population, this budget must prioritise preventive healthcare, early diagnosis, and health-linked savings products with tax benefits, akin to the National Pension System.

    Kannan observes that such initiatives will encourage long-term investments in health, improve outcomes, and reduce the long-term financial burden on both citizens and the healthcare system.

    The health-tech innovator lauded the government’s ambitious goal of achieving ‘Insurance for All by 2047’ as a bold and visionary step. Kannan also commended the government’s efforts in transforming India’s healthcare landscape, highlighting successful vaccination drives and the Ayushman Bharat Digital Mission as pivotal initiatives that have established a solid foundation for a robust healthcare ecosystem.

    He adds that prioritising investments in digital health infrastructure, improving healthcare access, and protecting citizens’ financial wellbeing will all have long-term effects. “By prioritising these elements in our budget allocation, we can build a healthcare ecosystem that is both responsive to current needs and well-prepared for future challenges, ensuring high-quality healthcare is accessible to a billion people,” he says.

    Dr Suman Katragadda, CEO of Heaps.ai., meanwhile notes that the healthcare sector anticipates strategic initiatives to drive industry growth and improve public health outcomes. “To sustain the growth trajectory and address emerging health challenges, the upcoming budget could focus on investing in preventive care, enhancing care coordination and management, and addressing healthcare gaps in rural areas,” he says.

    “There is also an opportunity to accelerate India’s digital and AI revolution while transforming critical areas like healthcare through care coordination. Focused investments in AI infrastructure, regulatory frameworks, and skill development can empower innovation and democratise intelligent solutions. In healthcare, prioritising AI-driven care coordination can streamline patient journeys, enhance access to quality care, and reduce system inefficiencies.”

    Dr Arbinder Singal, founder of Fitterfly, says that the government should consider exempting digital wellness programmes from GST. “Technology-enabled wellbeing and lifestyle change is the only way to fight diabetes and heart disease crisis at scale in India. Exempting digital programs from GST will enable larger adoption by people, corporates and insurers,” he says.

    Dr Singal also notes that the outlay for health and wellness should be increased. “In fact, there should be a separate budget for health-tech initiatives which help people with NCDs become healthier. With AI-enabled systems, we can help millions, and this will save 20 rs over the next 20 years for every rupee invested today,” he says.

    Afsal Muttikkal, Regional Director, Genrobotics Medical, notes that India

    India is facing an increasing challenge in addressing disabilities caused by conditions such as stroke, spinal cord injuries, cerebral palsy, and neurological disorders. “The rehabilitation sector plays a vital role in improving quality of life, and it is anticipated that the upcoming Union Budget will give due importance to this critical area,” he says.

    Muttikkal adds that by focusing on integrating innovative technologies like robotics and AI, care across paediatrics, geriatrics, sports, and neuro-rehabilitation can be significantly enhanced.

    “This approach has the potential to ensure accessible and equitable solutions for individuals across the country, strengthening India’s healthcare system and addressing the growing burden of disabilities effectively,” he says. The Week

  • Vidayala Hospital, Amritsar reels under financial crunch

    Vidayala Hospital, Amritsar reels under financial crunch

    The Central Khalsa Hospital famously known as Vidayala Hospital, managed by the Chief Khalsa Diwan Charitable Society, Amritsar, under its local committee, is one of the oldest hospitals in the district. This hospital is facing serious financial crunch to maintain its rich traditions to serve society with the present ultra-modern medical treatment.

    The health institution was started in the year 1907 as a modest dispensary catering to the needs of outdoor patients (OPD) only. The dispensary provided satisfactory medical services with the association of local residents.

    This dispensary with its present imposing dimension and best efforts of the donors of the area started health services as a 30-bed hospital in the year 1917. The foundation stone of the building was laid by Sant Sangat Singh of Kamalia. As the hospital was situated on the outskirts of the then small town of Tarn Taran, it was surrounded by lush green fields. In the year 1920, this health facility started working as a residential hospital. Well-qualified resident doctors and other staff attended to all categories of patients arriving at the hospital.

    Around 1940, unique world famous medico Sardar Bahadur Dr Sohal Singh patronised the hospital by rendering free services as a visiting eye surgeon. Eye patients from for-flung areas came at the hospital for treatment where all health services, including boarding and lodging facilities, were provided free to them.

    Patients underwent surgeries free of cost at the hospital. Services rendered by Dr Sohan Singh, including those through his active association with this hospital for so many years, prompted the British Government to honour him with the Sardar Bahadur (SB) title.

    Later, SB Dr Sohan Singh was also honoured by the President of India. He continued to provide his services at the Vidayala Hospital for the next coming 25 years. His son Dr Ranbir Singh, who too was an eye specialist, offered free medical services at the same hospital till the year 1995. The operation theatre, open rooms and other facilities at the hospital bear testimony to rich traditions of the health institution. Late Dr Manohar Singh Gill, during his tenure as the Union Minister of State, released a grant of Rs 10 lakhs for the hospital.

    Gurinder Singh Lohewala and Manjit Singh Dhillon, office-bearers of the Chief Khalsa Diwan local committee, said despite their best efforts, the hospital was not able to provide ultra-modern free medical facilities to patients due to paucity of funds. They said donation given by the committee to the hospital was negligible, while expenditure for running the health facility had gone up manifold. The general people of the area were of the view that the hospital, which had a heritage status, must be kept running at all costs by society. The Tribune

  • Arab Health 2025: Kerala showcases MedTech potential to woo investors

    Arab Health 2025: Kerala showcases MedTech potential to woo investors

    Showcasing Kerala’s innovative and thriving MedTech ecosystem, as many as six companies represented the state in the expo of the four-day Arab Health 2025, the Middle East’s largest healthcare event that opened on Monday at the Dubai World Trade Centre.

    The state’s expo pavilion in the 50th edition of the event is set up at Hall OS.B30 of the venue where the global audience will get a ringside view of the thriving ecosystem of Kerala for medical devices and life sciences.

    This is the second time in a row Kerala is participating in the event under Kerala State Industrial Development Corporation (KSIDC).

    KSIDC along with Kerala Life Sciences Industries Parks (KLIP) and Kerala Medical Technology Consortium (KMTC), which work collectively to strengthen the MedTech Cluster Ecosystem, are leading the state delegation to Arab Health 2025.

    The theme of the 50th edition of the event is ‘Where the World of Healthcare Meets.’ It brings together over 3,800 exhibitors and more than 60,000 visitors, providing a unique platform for innovation, collaboration, and education in healthcare.

    Besides featuring Kerala’s capabilities in MedTech manufacturing and life sciences and healthcare domains, the January 27-30 expo also serves as a venue for exploration of collaborations in manufacturing, R&D, and technology exchange.

    Six co-exhibitor companies participating in the event are Liberty Med Supplies, Primus Gloves, Iqzyme MedTech, Jayon Implants, Harrison Kodi Lifecare and iOrbit Digital Technologies.

    The innovation ecosystem in the state includes 357 startups (MedTech), five advanced incubators, 12 research institutions, and 10 proactive university departments—all collaborating to push the boundaries of health and life sciences.

    At the heart of this innovation lies a state-of-the-art Life Sciences Park, alongside five leading hospitals pioneering research-led healthcare.

    Arab Health 2025 hosts more than 40 country pavilions, with exhibitors representing over 80 countries in total, covering the Middle East, the US, Europe, Africa, and Asia. United News of India

  • Trump says US may consider rejoining WHO

    Trump says US may consider rejoining WHO

    US President Donald Trump said on Saturday he may consider rejoining the World Health Organisation, days after ordering a US exit from the global health agency over what he described as a mishandling of the Covid-19 pandemic and other international health crises.

    ”Maybe we would consider doing it again, I don’t know. Maybe we would. They would have to clean it up,” Trump said at a rally in Las Vegas.

    The US is scheduled to leave the WHO on January 22, 2026. Trump announced the move on Monday after he was sworn in for a second term in the White House.

    The US is by far the biggest financial backer of WHO, contributing around 18% of its overall funding. The WHO’s most recent two-year budget, for 2024-2025, was $6.8 billion.

    Trump told the crowd in Las Vegas he was unhappy that the US paid more to WHO than China, which has a much bigger population.

    He added that he will ask Saudi Arabia to make an investment of about $1 trillion in the US, up from the $600 billion the Saudis have pledged to invest.

    Saudi Arabian Crown Prince Mohammed bin Salman told Trump last week that the kingdom wants to put $600 billion into expanded investment and trade with the US over the next four years. Reuters

  • DeepSeek AI faces outage amid surge in user signups

    DeepSeek AI faces outage amid surge in user signups

    DeepSeek said it’s restricting signups for new users to people with a mainland China telephone number, claiming that its system had been targeted in “large-scale malicious attacks.”

    DeepSeek’s services have been overwhelmed with demand since the weekend after it unveiled an artificial intelligence chatbot that it says can rival OpenAI’s ChatGPT and was developed at a fraction of the cost of competing products.

    The Chinese startup sparked a $1 trillion rout in US and European technology stocks after its service surged to the top of smartphone app download charts, prompting investors to question bloated valuations for some of America’s biggest companies.

    “Currently, only registration with a mainland China mobile phone number is supported,” the company posted earlier on its status page. DeepSeek did not specify whether the signup curbs are temporary or how long they will last.

    An earlier service incident was resolved as of 9:32 p.m. in China on Monday, a little over an hour after the company first disclosed it, DeepSeek said. The startup’s status page also shows problems with its API earlier in the day and on Sunday.

    It was the company’s longest major outage since it started reporting its status and corresponds with the app rocketing to popularity in the Apple and Android app stores. DeepSeek, which was founded in 2023 by Liang Wenfeng, has said it’s produced a chatbot that competes with the latest technology from OpenAI and Meta Platforms Inc. at a fraction of the cost. Bloomberg

  • AT&T’s bundled 5G, fiber plans boost holiday-quarter subscriptions

    AT&T’s bundled 5G, fiber plans boost holiday-quarter subscriptions

    AT&T’s fourth-quarter wireless subscriber growth surpassed expectations on Monday, fueled by strong demand for its discounted premium plans combining 5G mobile with high-speed fiber data services.

    The US telecom giant added 482,000 net monthly bill-paying wireless phone subscribers in the holiday quarter, outpacing analysts’ estimated gains of 424,550, according to Visible Alpha.

    As the pool of potential new wireless customers shrinks in the United States, AT&T’s strategy of bundling high-speed fiber internet with wireless phone services has helped drive growth for the company.

    Its fiber business added 307,000 new customers in the fourth quarter, higher than 226,000 additions in the prior quarter, marking its best fourth-quarter fiber net additions.

    The last three months of the year are typically strong for telecom operators, driven by factors such as Black Friday promotions, trade-in deals for new iPhone launches and the gift-giving season around Christmas, all of which contribute to higher subscriber additions.

    Rival Verizon reported its best quarterly wireless subscriber growth in five years on Friday, with 568,000 monthly bill-paying wireless subscribers added in the fourth quarter.

    AT&T expects annual adjusted profit between $1.97 and $2.07 per share, excluding the contribution from its 70% stake in DirecTV, which the company is selling for $7.6 billion. It was not immediately clear if the range could be compared with the estimate of $2.18 per share, according to data compiled by LSEG.

    AT&T said last month that it expected free cash flow to be more than $18 billion in 2027 and would reach more than 50 million locations with fiber by 2029.

    Excluding items, it reported a profit of 54 cents per share, higher than analysts’ estimate of 50 cents per share, according to data compiled by LSEG.

    Total revenue rose about 1% to $32.3 billion, compared with an estimate of $32.04 billion.

    AT&T began offering bill credits for network outages from Jan. 9, part of a new initiative to attract customers in a highly competitive market. Reuters

  • Meta seeks urgent fix to AI chatbot’s confusion on name of US president

    Meta seeks urgent fix to AI chatbot’s confusion on name of US president

    The inability of Meta’s AI chatbot to identify the current president of the United States was elevated to urgent status by the Facebook owner this week, requiring a fast fix, a person familiar with the issue said.

    Republican Donald Trump was inaugurated as president on Monday, succeeding Democrat Joe Biden. Yet on Thursday, the Meta AI chatbot was still saying that Biden was president, according to the source and to a Reuters test of the service.

    Asked by Reuters on Thursday to name the president, Meta AI replied:

    “The current president of the United States is Joe Biden. However, according to the most recent information available, Donald Trump was sworn in as the president on January 20, 2025.”

    The issue prompted Meta to initiate an emergency procedure it uses to troubleshoot urgent problems with its services, known within the company as a SEV, or “site event,” according to the person familiar with the work.

    Asked to comment, Meta spokesperson Daniel Roberts said: “Everyone knows the President of the United States is Donald Trump. All generative AI systems sometimes return outdated results, and we will continue to improve our features.”

    He did not comment on what emergency procedures, if any, Meta had implemented.

    It was at least the third emergency procedure Meta has experienced this week related to the U.S. presidential transition, the source told Reuters.

    The incidents drew widespread complaints from social media watchers scrutinizing Meta’s platforms for signs of politicized shifts after CEO Mark Zuckerberg appeared at Trump’s inauguration on Monday and instituted a series of changes in recent weeks aimed at mending relations with the incoming administration.

    Those changes included scrapping its U.S. fact-checking program, elevating Republican Joel Kaplan as its new chief global affairs officer, electing a close friend of Trump’s to its board and ending its diversity programs.

    In one incident this week, Meta appeared to be forcing some users to re-follow the profiles of Trump, Vice President JD Vance and first lady Melania Trump on Facebook and Instagram, even after the users had unfollowed those accounts.

    That issue cropped up during the company’s normal practice of transferring official White House social media accounts to new control when a presidential administration changes, the company said on Wednesday.

    In this case, an error occurred because the transfer process was prolonged and the system failed to log “unfollow” requests from users while it was under way, prompting a top priority SEV1, the person said.

    Another emergency procedure involved an issue in which Meta’s Instagram service blocked searches for the hashtags #Democrat and #Democrats for some users, while turning up results without issue for #Republican.

    A Meta spokesperson acknowledged the problem on Tuesday but said it affected “people’s ability to search for a number of different hashtags on Instagram – not just those on the left.” Reuters

  • MeitY calls for proposals to build India’s own AI foundation model

    MeitY calls for proposals to build India’s own AI foundation model

    In order to compete with foreign AI foundational models that form the base of many applications like ChatGPT and Gemini, India is calling for proposals for building its own foundational model, said Abhishek Singh, additional secretary, Union Ministry of Electronics and Information Technology (MeitY) during his visit to GIFT City in Gujarat, Monday.

    “One key issue has been, how does India build a foundational model? Currently, all the foundational models which we are using — whether it is ChatGPT or Llama 3 or Gemini or Claude — are foreign. Now China has also come up with Deepseek and other models. We need to invest and provide funding support to build an Indian foundational model. The foreign foundational models are trained on western data sets and are not aligned to Indian languages and Indian situations, and sometimes give wrong or inappropriate responses,” said Singh while speaking at the inauguration of an AI Centre of Excellence (CoE) at GIFT City at Gandhinagar where Chief minister Bhupendra Patel was also present.

    “To ensure that we are able to compete with the world’s best, we are coming up with a call for proposals for building a foundational model in India. I am sure some of the start-ups and innovators present here today will be joining this challenge to build an Indian foundational model ,” Singh added without disclosing a timeframe for the proposals. Foundational models are a type of artificial intelligence model, capable of performing a wide range of tasks. These models are created by training on vast and diverse datasets, enabling their use across various applications.

    A lot of risks
    “While AI has a lot of potential, it has a lot of risks. We have seen how deep fakes, misinformation works and how wrong responses from AI can cause problems. For this, we are building tools for building safe, trusted, responsible, ethical AI. Researchers and institutions are building tools for detecting algorithmic biases, misinformation in AI, detecting deep fakes. These tools will also be available to CoEs and all start-ups building it,” the official added.

    Pointing out that India was involved “globally in the development of AI governance guidelines,” Singh said Prime Minister Narendra Modi will be travelling to Paris on February 10-11 where both India and France will be co-hosting the AI Action Summit. The official also said that India is looking to set up 18000 Graphic Processing Units or GPUs under the IndiaAI Mission to build a high-end scalable AI computing ecosystem to support start-ups, researchers, students and academicians.

    “India has very few GPUs compared to other countries. So under the AI Mission we have floated tenders and in partnership with the industry and our objective was to set up 10000 GPUs. We opened the financial bids last week and we are hoping for 18,000 GPUs at very competitive rates. And these GPUs will be available to all start-ups and researchers at a further subsidised cost. The start-ups working in the CoE will also benefit from this,” he added. The Hindu BusinessLine