Stocks in news: Siemens Energy, Jio Financial, Hero MotoCorp, ESAF SFB, Abbott India
Siemens Energy
,
Jio Financial
,
Hero MotoCorp
, ESAF SFB,
Abbott India
among others will be in focus due to various news developments.
Siemens Energy
Shares of Siemens Energy India will list on Thursday following the long-awaited demerger from parent Siemens.
by Taboola
by Taboola
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Jio Financial
Jio Financial Services
acquired over 7.9 crore equity shares worth Rs 104.54 crore of
Jio Payments Bank
(JPBL) from SBI following a Reserve Bank's nod on June 4.
ESAF SFB
ESAF Small Finance Bank
has approved the sale of a pool of non-performing and technically written-off loans worth Rs 735.18 crore to an asset reconstruction company (ARC).
Tata Elxsi
Tata Elxsi partnered with Infineon to jointly develop application-ready EV solutions tailored for the Indian market.
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Abbott
Abbott signed a agreement with MSD Pharmaceuticals to distribute MSD's Sitagliptin-based diabetes medicines in India.
HDFC Bank
HDFC Bank CEO Sashidhar Jagdishan moved Bombay High Court seeking quashing of FIR filed against him by Lilavati Trust.
Zydus Lifesciences
US FDA issued two observations for company's oncology injectable site situated at SEZ 1, near Matoda, Ahmedabad.
Hero MotoCorp
Hero MotoCorp to introduce VIDA VX2 with 'Battery-As-A-Service' model on July 1.
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Business Standard
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Senior living rents touch ₹1 lakh, retirement homes valued at $8.4 billion
India's senior living segment is set for a massive transformation, with investment potential between $4.8 billion and $8.4 billion ( Rs 410–720 billion) over the next five years, according to Savills India's latest report, Living the Years That Count. The surge is being driven by India's rapidly ageing population, projected to reach 21% of the total population by 2050, and increasing demand for organised, health-integrated retirement communities. India currently has over 155 million people aged 60+, a number expected to double by mid-century. Unlike the past where old-age homes were seen as last resorts, today's seniors are demanding autonomy, wellness, community engagement, and access to medical care—without sacrificing comfort. Developers are responding by creating purpose-built environments focused on both care and lifestyle. Demand, Design, and Dollars According to the report: Independent living units dominate the market with a 90–95% share. Monthly rentals for senior living residences range between Rs 25,000 to Rs 1 lakh, depending on the level of care and amenities. Outright purchase prices for 1–2 BHK units range from Rs 45 lakh to Rs 2 crore in metro cities, and Rs 25 lakh to Rs 80 lakh in non-metro cities. Leading operators like Antara, Columbia Pacific, Ashiana Housing, Primus, and Athulya are developing models across the spectrum—independent, assisted, and memory care. Interestingly, 34% of under-construction senior living projects are in non-metro cities like Coimbatore, Vadodara, and Goa, where property is more affordable and lifestyle factors like air quality and community ties are better. According to Savills: South India leads with 68% of senior living projects. Cities like Dehradun, Coimbatore, Pune, and Kodaikanal rank highest in terms of accessibility to healthcare and transit, making them ideal retirement destinations. Global Inspiration, Local Innovation The report draws on global best practices from the US, Japan, Australia, UK, and New Zealand, where integrated models and policy support have made senior living more inclusive. In India, however, the focus is still skewed toward premium housing. Experts suggest rental and lease-based models could help make senior living more accessible for middle-income retirees. Policy Push and Investment Appeal India's senior living sector remains under-regulated. The report calls for: GST relief on senior living services Priority sector status Subsidised loans and viability gap funding A dedicated regulatory framework Strategic investments are already flowing in: Max India: $25.6 million Rainmatter & Gruhas: $20 million Morgan Stanley India Infra Fund: $11 million Even large developers like Godrej Properties are entering via partnerships, with Pioneer Urban launching IGBC Platinum-certified projects. The Opportunity Ahead Savills outlines three market scenarios: Conservative: 1.25% of seniors adopt structured living → USD 4.8 bn investment Moderate: 1.5% adoption → USD 6.5 bn investment Optimistic: 1.75% adoption → USD 8.4 bn investment 'Bharat is leading the way in shaping the future of senior living, with tier-2 cities driving the shift through affordable housing, healthcare, and thoughtfully designed communities. With over USD 8 billion in projected investment and the Government's growing policy push, this is one of India's most transformative infrastructure opportunities with the path forward focused on building inclusive ecosystems that enable dignified and comfortable ageing,' said Arvind Nandan, Managing Director, Research & Consulting, Savills India.
Time of India
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You can buy a product instantly, then why is disposal difficult?
GREEN POWER: Radha Goenka talks of a future green corridor in Mumbai The climate and sustainability sessions threw up compelling questions that look ed at the progressive thinking and action on the ground. 'India's Waste to Energy success story is that every drop of petrol produced is blended with 20per cent ethanol, much of which comes from agri waste. This has saved us Rs 1.1 trillion on crude imports and helped mitigate 544 lakh metric tonnes of CO2,' said SSV Ramakumar of AM Green. Wilma Rodrigues, of Saahas zero waste said: '60per cent of dry waste is low-value plastic that ends up in landfills. When properly sorted, it can be sent to W2E plants (as feedstock).' Pranshu Singhal of Karo Sambhav said while schemes such as the extended producer responsibility were sound, the question of financing waste collection and recycling remained unresolved. 'You can buy a product instantly, why is disposal difficult?' Public policy can't be implemented without investment, said Srestha Banerjee of iFOREST. Policy support and financial resource mobilisation are both needed to develop capacity to scale sustainable solutions, she said. 'Philanthropy can fund experimental climate solutions. As innovative capital, it fills the space between govt and business,' said Radha Goenka of RPG Foundation, whose organisation supported the transformation of a public garden into an urban forest called The Nest in Mumbai, and plans to use it as a prototype to create a green corridor in the city. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giá vàng đang tăng mạnh trong năm 2025 — Các nhà giao dịch thông minh đã tham gia IC Markets Tìm hiểu thêm Undo While sustainable solutions need govt and corporate support, communities are no less capable of driving change, said Bipin Odhekar of Marico adding: 'What's important is to build conviction in stakeholder communities.' Aarti Khosla of Climate trends, said: 'There's a lopsided focus on mitigation. We need adaptive solutions to changing weather and to address declining agricultural production due to rising heat, for instance.' Conventional thinking around environment versus development needs to be challenged, insisted Geetanjoy Sahu, Dean of TISS. Shilpashree Muniswamappa of Colgate-Palmolive India, said, 'People don't necessarily buy to benefit the planet; they buy what saves them money.', adding that consumers shouldn't have to pay a premium for sustainable products.
Time of India
15 minutes ago
- Time of India
Tamil Nadu: MBBS course in self-financing colleges to cost Rs 1.5 lakh a year more; revised fee structure out
CHENNAI: MBBS fees for 2025 under management quota in self-financing colleges will increase by Rs 1.5 lakh to Rs 15 lakh a year, and the fee for NRIs will go up by Rs 2.5 lakh to Rs 27 lakh, according to the revised fee structure released by TN Directorate of Medical Education. The fee for students joining under the govt quota will remain unchanged, while those joining state private universities under the NRI quota will pay Rs 30 lakh -Rs 60,000 more compared to previous years. The proceedings of the committee on the fixation of fees in respect to self-financing professional colleges, chaired by Justice Pongiappan, which sets fees for undergraduate and postgraduate medical and dental courses, released on Monday said that the prescribed fee structure will be effective for students admitted for admissions in 2025, 2026 and 2027. Tamil Nadu has an annual admission capacity of 11,700 MBBS seats, with 5,050 seats in govt medical colleges. There are 22 self-financing private medical colleges and four private universities. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai Non-minority institutions in self-financing colleges and state private universities share 65% of seats for admission under the govt quota, and minority institutions share 50% of seats. Admission to all seats in self-financing colleges and state private universities are done by the state selection committee. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cách giao dịch ETH/USD mà không cần nắm giữ Ether IC Markets Tìm hiểu thêm Undo NRI lapsed seats removed The biggest change, however, is the elimination of the 'NRI lapse' category. The NRI lapsed seats - a category created to fill in non-NRI candidates alongside the management quota in self-financing medical/dental colleges and state private universities - have been removed. The selection committee will transfer NRI seats vacant after three rounds of counselling to the common pool in the management category, allowing Indian students to take these seats at a cost that is at least 30% lower. Until 2024, self-financing colleges were allowed to collect Rs 24.5 lakh as NRI fees. Colleges set aside 15% of the seats for the NRI category. If these seats were not filled, they were converted into NRI lapse seats, for which Rs 21.50 lakh was collected as annual tuition fee. Meanwhile, the committee has permitted institutions to collect an additional Rs 60,000 as development fee and has directed managements to cover all the students under a students' group insurance scheme. "The above fee does not include hostel, transport and mess charges, which are optional for students. Institutions are directed to submit the details of the above fee to the selection committee well in advance before counselling," the committee said. The panel directs that the institution shall not collect or levy any other recurring or non-recurring fee, including capitation, it said.
