8 REST OF THE NEWS | FRIDAY, 7 APRIL 2017 1 > Dr Lal PathLabs eyes Fight against corruption will continue: Modi Prime Minister Narendra tion wanted to work with hon- gave away a few smartphones Modi on Thursday said the esty and it was a good indica- to sakhi mandals (self-help fight against corruption and tion. Pointing out that it would groups) as part of the unaccounted money would be 75 years in 2022 since Raghubar Das government's growth via acquisitions continue. “C orruption and got the Independence, Modi decision to give 100,000 black money have destroyed said if every person in the smartphones to SHGs, said he ANEESH PHADNIS India. “We have built this busi- Indian democracy, eating into country took a step ahead in was surprised when he got the Mumbai, 6 April ness organically and will con- it like a termite. But, due to all these five years, then the right answers from the vil- tinue to focus on that,” he said. your blessings, the fight aga- country would move at least lagers of remote areas about r Lal PathLabs is focus- A second central lab will be inst corruption and black During his interaction with 1,250 million steps forward the usage of smart phones. ing on “inorganic gro- launched in in Sep- money will continue,” Modi some local youths, the Prime towards development. D wth” to expand its foot- tember, and another one in said at an event in Sahibganj. Minister said the new genera- Modi, who symbolically — PTI, Jharkhand print across India, particularly Lucknow by the end of 2018. in the southern and western Manchanda said his teams regions where the diagnostics were also working to increase 13,000 villages get Bill that would ensure continuance of Bengaluru, , , chain has little presence. the number of hospital man- levy of excise on petroleum products , Kolkata and Kochi, according Inorganic growth arises fr- agement contracts, sensing a power connections and abolition of cess on some other to property consultant CBRE. om mergers or takeovers rather big growth opportunity from PTI New items following goods and services tax than an increase in the compa- the segment. Currently, it has The government has managed to cross roll-out from July 1. The Taxation Laws ny's own business activity. Dr Lal PathLabs contracts with 22 hospitals acr- another milestone by electrifying over (Amendment) Bill, 2017, seeks to Spending on PCs, phones The company’s strategy co- oss the country. “Lab manage- 13,000 villages so far, out of the 18,452 amend the Customs Act, 1962, the mes as the sector faces a tem- per cent from the east. Its busi- ing. It is B2B focused now, that ment contracts are not a way of un-electrified ones. According to a Customs Tariff Act, 1975, the Central to hit $600 bn: Gartner porary slowdown owing to ness in south and west India is is we pick up samples from life in healthcare. But over a statement of the ministry of power, a Excise Act, 1944, the Finance Act, 2001 PTI demonetisation and increased limited, and the company is hospitals and send it to our lab period of time, it will become total of 13,174 villages have been and the Finance Act, 2005. Consumer spending on devices like competition. Its other initia- drawing plans for expansion in in Delhi. We will look at inor- one. It is a large opportunity for electrified under the Deen Dayal cell phones and personal computers tives include value-added ser- the two regions through acqui- ganic growth in the south and us,” he added. Manchanda said Upadhyay Gram Jyoti Yojna. (PCs) is expected to grow two per cent vices to customers, such as the sitions. “We continue to look at the west to increase our foot- the business faced a temporary Google offers grants to about $600 billion this year, from collation of test results of last inorganic growth, and our teams print,” Manchanda said. Dr Lal dip in the third quarter of 2016- $587.2 billion in 2016, as they opt for 10 visits and a focus on pre- are working very hard on that,” PathLabs is the oldest patholo- 17 following demonetisation. RIL may dethrone TCS as worth $8.4 mn to 4 NGOs new gadgets at higher average selling ventive healthcare checks. said Om Manchanda, chief exec- gy lab chain in the country. While in the first two quarters PTI New Delhi prices, research firm Gartner on Seventy per cent of Dr Lal utive officer, Dr Lal PathLabs. Currently, it has one central lab, the business grew by over 20 India’s most-valued firm Google.org, the philanthropic arm of Thursday said. The spending is PathLabs’s business comes fr- “Our presence in south and in Delhi, and 179 laboratories, per cent, it slowed down in the BS REPORTER Mumbai Google, on Thursday announced grants expected to rise further to $627.16 om north India and around 15 west India is not consumer fac- most of them in north and east third quarter. Mukesh Ambani-led Reliance Indus- of $8.4 million to four non- billion in 2019, Gartner said in a report. tries (RIL) could overtake Tata Consul- governmental organisations (NGOs) However, shipments of PCs, ultra- tancy Services (TCS) as India's most- offering technology-based learning mobiles and mobile phones are valued company as early as Friday solutions in India . The NGOs include projected to be flat this year at 2.3 (April 7). Currently, the difference in the Learning Equality ($500,000), Million billion units compared to 2016. After 27 years, Paes dropped from squadmarket capitalisation (m-cap) between Sparks Foundation ($1.2 million), the two companies is only 1.1 per cent, Pratham Books StoryWeaver ($3.6 PRESS TRUST OF INDIA with Sriram Balaji in the sec- ball well and also had a good Bhupathi said it was a or ~5,206 crore. With shares of RIL million), and Pratham Education RBI household inflation Bengaluru, 6 April ond round doubles tie. start to the year. "Yeah, like I tough decision to drop his showing strong momentum, thanks to Foundation ($3.1 million). They will Bopanna is ranked 24th in the said the conditions obviously one-time doubles partner. the optimism around its telecom foray, receive the grant for two years to expand survey sees prices rising Ace tennis player Leander Paes world, 29 spots above Olympic are very quick here. Rohan is When asked if it was end of and the outlook for technology stocks and scale the work they are doing. PTI Mumbai was on Thursday dropped for medallist and multiple Grand serving well... That was the the road for Paes, Bhupathi dimming due to a stronger rupee, The Reserve Bank’s latest survey on the first time in 27 years from Slam winner Paes (53rd). basis of the decision," responded in the ne gative. market players expect RIL to pip TCS in households' inflation expectations has India’s Davis Cup squad, as will Bhupathi said. “Not at all, I made it clear to the next few trading sessions. Office space leasing up found a majority expect prices to go up non-playing captain Mahesh spearhead India's singles chal- Paes, who made his Davis everyone involved, including in the June quarter for all products. Bhupathi picked Rohan Bopa- lenge in place of injured Yuki Cup debut against Japan in Leander, that this is by no 8% in Jan-March: CBRE Around 74 per cent of the respondents nna instead for the tie against Bhambri. 1990 at Jaipur, has been means the end of the road. His LS passes Bill to make excise PTI New Delhi expected general level of prices to Uzbekistan. Justifying his decision to dropped from the Davis Cup being in the team is invalu- Office space leasing rose by eight per increase by June, with about half of The Asia/Oceania Zone pick Bopanna over Paes, team on form — or the lack of able, the experience, the ener- Acts compliantwith GST cent during the first quarter of 2017 at them saying prices will rise at more Group I tie begins here on Bhupathi said the Bengaluru it — for the first time in nearly gy he brings to Davis Cup ...,” PTI New Delhi nearly eight million sq ft in eight major than the current rate across all product Friday. Bopanna will pair up lad is serving and seeing the three decades. he said. The Lok Sabha on Thursday passed a cities — Delhi-NCR, Mumbai, groups.

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