I also think it helps a lot to buy things that fit your design preferences, that way they don look like clutter to you. Obviously as kids get older they have their own preferences, but for babies I recommend buying things that are both functional and would fit nicely with the rest of your home decor. They make such gorgeous baby items these days.
I also continue to believe that we must critique well intentioned projects and people so that we can figure out how to have the most impact in the lives of those we seek to help. Fair but critical reporting pushes companies, nonprofits and philanthropists to do better work. And the evolution of Toms proves this point..
Since IHH’s post acquisition stake in Fortis will exceed 25 percent, it is required to extend an offer to buy an additional 26 percent from existing shareholders at a price not less than the one at which the stake is being bought.After the transaction and the resultant open offer go through, IHH’s stake in Fortis could be anything between 31 percent and 57 percent, depending on the subscription received for the open offer.The money infused through the Fortis IHH deal is expected to meet Fortis’ short term and long term cash requirements including acquiring assets from Singapore based Religare Health Trust and providing an exit to private equity investors in SRL, Fortis’ diagnostics arm.More on Q1 resultsRevenues from operations or total income declined 10 percent to Rs 1,042 crore in Q1FY19, compared to last year’s Rs 1,156 crore.The EBITDA margin dropped to 7.7 percent from 12.7 percent on asequential basis.In Q1FY19, Fortis saw the deterioration of operating metrics.The occupancy levels decreased from 71 percent in Q1FY18 to 62 percent in Q1FY19.ALOS (Average length of stay) declined to 3.39 days from 3.53 days in Q1FY18The ARPOB (Average Revenue per Occupied Bed) grew to Rs 1.53 Cr compared to Rs 1.51 Cr in Q1FY18″Having said that, our hospital business has started showing signs of a strong recovery during the current quarter with a significant uptick in occupancy run rate levels now exceeding 69 percent from 62 percent in Q1 FY19. We feel confident and optimistic that this upward business momentum will accelerate further and result in a progressively improving quarterly performance,” Singh said.Singh said the hospital chain is working on a slew of initiatives to improve occupancy, drive revenues and optimise costs.”Our target would be to further grow occupancy levels in excess of 70 percent by Q4FY19 expecting to translate into a significantly better operating performance. Our diagnostics business margins have shown a steady improvement over the corresponding quarter and a healthy growth over the trailing quarter which we expect to continue,” Singh added..