Lupin on Tuesday posted 65 percent decline in net profit to Rs 221.7 crore in the third quarter ended December, much below analyst expectations due to slide in US generics business and forex losses.Lupin posted Rs 455 crore net profit in the same period of previous year. The company's revenues dropped 11.3 percent on year-on-year (YoY) basis Rs 3975.7 crore in the third quarter.The foreign exchange loss stood at Rs. 82.1 crore and the company also took a one-time charge of 36 crore related to changes in tax rate in US from 35 percent to 21 percent.Close Lupin has brought down the R&D expenses by 17 percent to Rs 476 crore on YoY basis. related news 373 infra projects show cost overruns of Rs 3.89 lakh cr Zomato looks to become profitable by end-2020 Five of top-10 most valued firms add Rs 56,877 cr in m-cap The company's EBITDA margin stood at 18.4 percent in the December quarter, below company’s projected target of 21 percent in FY18.The results … [Read more...] about Lupin net profit drops 65% on sliding US biz and forex loss
In clinics around the world, a type of artificial intelligence called deep learning is starting to supplement or replace humans in common tasks such as analyzing medical images. Already, at Massachusetts General Hospital in Boston, “every one of the 50,000 screening mammograms we do every year is processed through our deep learning model, and that information is provided to the radiologist,” says Constance Lehman, chief of the hospital’s breast imaging division. advertisement advertisement In deep learning, a subset of a type of artificial intelligence called machine learning, computer models essentially teach themselves to make predictions from large sets of data. The raw power of the technology has improved dramatically in recent years, and it’s now used in everything from medical diagnostics to online shopping to autonomous vehicles. But deep learning tools also raise worrying questions because they solve problems in ways that humans can’t … [Read more...] about Machine learning could transform medicine. Should we let it?
The passage of the Citizenship (Amendment) Bill in Parliament will mark the definitive victory of Mohammed Ali Jinnah's thinking over that of Mahatma Gandhi's, senior Congress leader Shashi Tharoor said on December 8, asserting that the exercise of granting citizenship on the basis of religion will reduce India to a "Hindutva version of Pakistan".The former Union minister also alleged that the BJP government wants to single out "one community" and refuses to grant its members asylum from oppression on the same conditions as other communities.In an interview to PTI, Tharoor said even if the bill is passed by both the Houses of Parliament, he is confident that no bench of the Supreme Court will allow such a "blatant violation" of the fundamental tenets of India's Constitution to go unchecked.Close "It is a shameless performance by a government which as recently as last year, refused to entertain any discussion on developing a National Asylum policy, which I had proposed in a Private … [Read more...] about Granting citizenship on basis of religion will reduce India to ‘Hindutva version of Pakistan’: Shashi Tharoor
It was a cry for help that inspired entrepreneur Eric Coly to launch his startup. The former investment banker was approached by a close friend who confided to him that she needed counseling, but she couldn’t find a therapist. Or more specifically, she couldn’t find an African-American therapist. She wanted someone who could understand her experience as a woman of color. advertisement advertisement Coly, a Senegal native diagnosed with depression, understood her frustration too well. He had also experienced the gap between the counseling needs of minorities and the availability of the services. It’s a common issue: Of the 100,000 therapists in the U.S, 86% are white, 5% Hispanic, 5% Asian, and 4% African American. Meanwhile, the American landscape looks far more diverse: The population is 62% white and 38% racial/ethnic minority, with the latter expected to grow to the majority by 2050. “Take aside the stigmatization and the lack of access … [Read more...] about This app matches marginalized communities to therapists who share their background
This is the age where most people complete their education and start on their first job. The may get married in their mid or late 20s. Let us analyse the typical insurance needs of such a group of people.Life InsuranceThe first thing to determine is whether or not anyone is dependent on your income. If there is absolutely no one in your life that you are responsible for, except yourself, then you may skip purchasing any life insurance. However, if you support anyone in either a small or large measure, please take an appropriate amount of term insurance.A term insurance is a simple insurance policy that pays a nominee (your dependent) a lump sum amount of money (called sum assured) on your death. If you are a healthy person, term insurance should not cost you much. It is available online and easy to buy. You may have to undergo medical tests. Smokers will have to disclose their habit and may have to end up paying a higher premium for the term insurance.Close An … [Read more...] about Viewpoint | A quick and simple guide to insurance for people in their 20s