
IIM Bodh Gaya partners with Fortis Healthcare to strengthen healthcare management education
Fortis Healthcare will also offer summer internships and placements to students of IIM Bodh Gaya enrolled in the MBA (HHM) programme at its hospital and healthcare facilities in India and abroad.
The agreement was signed by Dr Vinita Sahay, Director of IIM Bodh Gaya and Dr Ashutosh Raghuvanshi, Managing Director and CEO of Fortis Healthcare, in the presence of Ranjan Pandey, CHRO, Fortis Healthcare.
Dr. Swapnarag Swain, Chairperson of the MBA (HHM) programme at IIM Bodh Gaya, elaborated on the three-fold scope of this MoU.
Under this partnership, IIM Bodh Gaya and Fortis will also jointly curate training programmes and organise events including healthcare management conclaves, round table discussions, seminars, workshops and conferences to foster knowledge-sharing, innovation, and discussions on issues in the hospital and healthcare management domain.
IIM Bodh Gaya launched its two-year full-time MBA in Hospital and Healthcare Management (MBA-HHM) in 2023. The programme is designed to provide a holistic appreciation of the entire healthcare industry and mould industry-ready management talent for the area, including large corporate hospitals, public health, health insurance, pharmaceuticals, medical devices, digital health, and healthcare consulting.
IIM Bodh Gaya, this year, has introduced an Online Executive Master of Business Administration (EMBA) programme in partnership with TeamLease EdTech. The new programmes is designed for mid-to-senior-level professionals. The two-year programme aims to equip learners with leadership and management skills while allowing them to continue their professional engagements.
The E-MBA program offers a curriculum covering essential management disciplines such as Finance, Marketing, Operations, and Strategy. Participants can choose from a broad range of electives to build expertise in areas most relevant to their career goals. The program is delivered by IIM Bodh Gaya's experienced faculty, along with industry experts who will provide insights into contemporary business challenges.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Indian Express
14 hours ago
- Indian Express
Six disgusting facts about cockroaches
Cockroaches have been a part of the animal kingdom, even before dinosaurs roamed around earth. These tiny pests are not only a kitchen hygiene hazard, they have been terrorising people for as long as we can remember. Besides their unique capability to fly and painstakingly ancient history, here are some disgusting and creepy facts about roaches that are bound to make you go – what the hell? They love meats, sweets, starches and beer, but when pressed, they'll feed on book bindings, wallpaper, pet fur, dead skin, soap, garbage and feces. And they'll even munch on your toenails, eyelashes and eyebrows while you sleep. Eek! That's right, there are eight insect parts — antennae and all — in the average chocolate bar. The same goes for peanut butter, cheese and popcorn. But don't worry. A little roach here and there never hurt anybody. Yes, the terrifying rumor is true. Roaches can live over a week without their heads. Why? They have an open circulatory system and their vital organs are found in the thorax. But these headless buggers won't be able to drink, so they'll eventually die of thirst. We've already established that roaches will eat anything, but if the going gets tough and food is scarce, they'll even eat each other. This cannibalistic quality reduces population sizes when an infestation becomes too large to feed itself. Forget smoothies and kombucha, roach milk could soon be trending at a grocery store near you. Diploptera punctate, the only roach to give birth to live young, feeds its babies via milk-like protein crystals. And these tasty crystals are four times as nutritious as cow's milk. Yummy. In some cultures, cockroaches were used in home remedies. The Greeks and Egyptians used ground or boiled cockroaches for medicinal purposes, and even some New Orleans cultures used boiled cockroach tea as a medicinal remedy. While this might not be something you'd like to see on your local coffee shop menu, it does highlight how long humans have been dealing with cockroaches. With these insects dating back to the Carboniferous era, roaches have been around for a very long time, though they are perhaps now considered more a feared pest than an ingredient for tea. If these facts creep you out as much as they do to us, you might feel the strong urge to squish them beneath your shoes the next time you see them. But Deepak Sharma from Indian Pest Control Company says otherwise. 'While stepping on a cockroach might offer immediate satisfaction, it's not the most effective or hygienic method for controlling these resilient pests,' he said, warning against stepping on cockroaches for the following reasons: 1. Disease transmission: Cockroaches are known carriers of various pathogens, including bacteria like E. coli and Salmonella. Crushing them can release these pathogens onto surfaces, increasing the risk of contamination. 2. Attracting other pests: The remains of a squashed cockroach can serve as a food source for different pests, such as ants, potentially leading to additional infestations. 3. Mess and odour: Crushing cockroaches can create an unpleasant mess and odour, necessitating thorough cleaning to maintain hygiene.


Mint
15 hours ago
- Mint
The best EV deals now are on the used market
Car buyers are turning a cold shoulder to new electric vehicles these days, but they are flocking to used models. Used EV sales topped 100,000 for the first time in the second quarter, according to industry-services business Cox Automotive. It is a rare bright spot for the EV industry, which is contending with lackluster demand and the looming elimination of federal tax credits. Sales for new EVs fell in each of the last three months. What buyers are finding in the used market is deals. Used EV prices fell nearly 32% in 2024 from 2023, almost 10 times the drop in used gas-powered car prices, according to an automotive research site. Last year, the average used EV cost around $30,900, in line with the average used gas car, even though a new EV sells for $17,300 more than a comparable gas model on average. Discounts have drawn in buyers like Christopher Andrzejczak, a systems engineer from Orlando, Fla., who has owned five EVs over the past decade. Last year, he picked up a 2021 Ford Mustang Mach-E with 6,000 miles on it for $36,000—less than half of its sticker price. That price included an extended warranty and several upgrades like tinted windows that the previous owner had paid for. Deals on used EVs are especially pronounced because EVs lose value faster than gas-powered cars once they drive off the lot. The depreciation often reflects concerns about battery life and longevity. Replacing a battery out of warranty is costly but uncommon. New technology could quickly make a used EV antiquated. The vehicles also require specialized parts and labor that make them more expensive to repair when something goes wrong. 'I was like, You know what? I'm willing to take a risk on that," Andrzejczak said. The previous owner 'probably took a terrible depreciation hit." In the new-car market, higher sticker prices and the fast pace of depreciation can make it hard for many car shoppers to justify going green. New electric vehicles cost about $800 more a year to own than gas-powered cars when factoring in fuel, maintenance, insurance and fees. But removing the cost of depreciation results in a saving of more than $900 annually versus a gas car, according to an analysis of AAA data. EVs have lower fuel and maintenance costs, but cost more to insure. In 2024, charging an EV at home worked out to the equivalent of about $1.41 a gallon of gas, according to the Energy Department. That is less than half of what most drivers paid at the pump last year. EV owners spend roughly half as much on upkeep and repairs compared with gas-car drivers, according to Consumer Reports. Over the life of the car, that adds up to about $4,600 in maintenance costs for an EV compared with $9,200 for a traditional one. Used cars also don't depreciate as quickly. In January, Andrzejczak purchased a used 2021 Audi E-Tron Prestige for $27,000, with the intent to get ahead of tariffs and eventually gift it to his teenage son. When his son made it clear he wasn't interested in March, Andrzejczak sold the car to Carvana for $26,000. 'It's like I borrowed it for a few months for $1,000," he said. Jason Wallace, who owns Electrified Autos, a used EV dealership in Joplin, Mo., says more buyers are realizing they can save money by making the switch to electric. In an economy pinched by years of inflation and high interest rates, he said, 'that's all that matters to them." The used-car dealership has been in Wallace's family since 1975 when his grandfather opened it, but Wallace and his brother made the decision to focus exclusively on selling electric vehicles last year. So far, it has paid off. 'There's demand for EVs at the right price," he said. 'Not everyone is going to spend $60,000 on a car but they will look harder when it's $20,000 or less, and we have no problem selling those." Another reason for the rush is looming changes in EV policy. A $4,000 federal tax credit for used EVs is set to expire at the end of September as a result of the new tax law passed earlier this month. The $7,500 federal tax credit for new EVs, which made new models more affordable and helped keep prices down in the used market, is also expiring at the same time. Eli Cook decided to buy an electric vehicle after researching gas prices in the Bay Area. He and his wife, both recent college graduates, plan to move there from Missouri later this year for work. Expecting far higher gas prices in California than Missouri, the couple wanted something affordable and efficient. As newlyweds, they are determined to avoid going into debt. They could have waited until after the move, but worried they would miss out on the tax credit. Last month, they paid $15,000 cash for a 2020 Tesla Model 3. The window sticker, Cook said, showed it had sold for nearly $40,000 four years earlier. 'It really seems like we're buying the dip for used EVs right now," he said.


Time of India
15 hours ago
- Time of India
New tax break for auto loans could save some buyers thousands of dollars. But will it boost sales?
Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump's new tax-cut law, many people for the first time also could claim a tax deduction for interest on their vehicle loans. The new tax break will be available even to people who don't itemize deductions. But there are some caveats that could limit its reach. The vehicles must be new, not used. They must be assembled in the U.S. And the loans must be issued no sooner than this year, to list just a few qualifications. Here are some things to know about the new auto loan interest tax deduction: Candidate Trump promised an auto loan interest tax break Trump pledged while campaigning last year to make interest on car loans tax-deductible. He said it would make car ownership more affordable and "stimulate massive domestic auto production." The idea made it into the big tax-cut bill passed by Congress, which Trump signed into law July 4. The law allows taxpayers to deduct up to $10,000 of interest payments annually on loans for new American-made vehicles from 2025 through 2028. It applies to cars, motorcycles, sport utility vehicles, minivans, vans and pickup trucks weighing less than 14,000 pounds, a threshold referred to as light vehicles. But it only applies to vehicles purchased for personal use, not for fleets or commercial purposes. The tax break can be claimed starting on 2025 income tax returns. But the deduction phases out for individuals with incomes between $100,000 and $150,000 or joint taxpayers with incomes between $200,000 and $250,000. Those earning more cannot claim the tax break. Millions of buyers could benefit, but millions of others will not U.S. automobile dealers sold 15.9 million new light vehicles last year, a little over half of which were assembled in the U.S, according to Cox Automotive. It says around 60 per cent of retail sales are financed with loans. After excluding fleet and commercial vehicles and customers above the income cutoff, an estimated 3.5 million new vehicle loans could be eligible for the tax break this year, if purchasing patterns stay the same, said Jonathan Smoke, chief economist at Cox Automotive. It's the assembly plant, not the automaker's headquarters that matters The tax break applies to vehicles assembled in the U.S., no matter where the company making them is headquartered. All Tesla vehicles sold in the U.S. are assembled in this country. But so are all Acura brands, the luxury model of Japanese automaker Honda. Last year, 78 per cent of Ford vehicles sold in the U.S. were assembled in this country, according to Cox Automotive. But customers wanting the tax break will need to pay attention to specific models. While the Ford Mustang is assembled in Michigan, the Mustang Mach-E is built in Mexico. General Motors assembles all of its Cadillacs in the U.S. But just 44 per cent of its Chevrolets sold last year were assembled in the U.S., and just 14 per cent of Buicks, according to Cox Automotive. That's a lower U.S-assembled rate than Honda (60 per cent ), Toyota (52 per cent ) and Nissan (48 per cent ), which all are headquartered in Japan. Taxpayers could save hundreds of dollars a year The average new vehicle loan is about $44,000 financed over six years. Interest rates vary by customer, so the savings will, too. In general, the tax deduction will decline after the initial year, because interest payments on loans are frontloaded while principal payments grow on the back end. At a 9.3 per cent interest rate, an average new vehicle buyer could save about $2,200 on taxes over four years, Smoke said. The tax savings would be less on a loan at 6.5 per cent , which is the rate figured into calculations by the American Financial Services Association, a consumer credit industry trade group. Some people also could see a reduction in state income taxes Whereas the tax deduction for home loan interest can be claimed only by people itemizing on their tax returns, Congress wrote the deduction for auto loan interest so that it can apply to all taxpayers, including those claiming the standard deduction. On a tax form, the auto loan deduction will come before the calculation of a taxpayer's adjusted gross income. That's an important distinction, because many states use a taxpayer's federal adjusted gross income as the starting point for figuring their state income taxes. If that income figure is lower, it could reduce the state taxes owed. The verdict is out on whether the tax break will boost sales At Bowen Scarff Ford in Kent, Washington, customers started asking about the auto loan tax deduction before Congress had even taken a final vote on the tax-cut bill, said General Manager Paul Ray. So he decided to promote it on the dealer's website. A website ribbon exclaims: "CAR LOAN TAX DEDUCTION NOW AVAILABLE" while also promoting an electric vehicle tax credit that is ending soon as a result of Trump's tax-cut law. "I think it's going to help incentivize vehicle purchases through this year," Ray said. Celia Winslow, president and CEO of the American Financial Services Association, concurred: "For some people deciding - should I buy it, should I not - this could be something that tips the scale." Others remain skeptical. According to Smoke's math, the average annual tax savings is smaller than a single month's loan payment for a new vehicle. "I don't think it moves the needle on somebody on the fence of buying a new vehicle or not," Smoke said. "But I think it could influence their decision to finance that vehicle instead of paying cash or instead of leasing a vehicle."