Centre Proposes Social Security Rules for Gig Workers

Government issues draft rules requiring gig workers to work minimum 90-120 days annually with aggregators to qualify for health, life insurance and accident coverage under Social Security Code.

Vijaya Diagnostic Centre Completes Amalgamation with Medinova Diagnostic Services

Vijaya Diagnostic Centre Limited announced the completion of its amalgamation with Medinova Diagnostic Services Limited following NCLT approval on October 13, 2025. The scheme became effective on November 4, 2025, resulting in the automatic dissolution of Medinova Diagnostic Services without winding-up. Under the share exchange ratio, Medinova shareholders will receive 1 equity share of face value INR 1 in Vijaya Diagnostic for every 22 equity shares of face value INR 10 held in Medinova. The company's authorized share capital increased to INR 230.5 crores divided into 230.5 crore equity shares of INR 1 each. Vijaya Diagnostic cancelled its investment of 62.02 lakh equity shares (62.14% stake) in Medinova. Through this amalgamation, Medinova Millennium MRI Services LLP, previously a wholly-owned subsidiary of Medinova, became a wholly-owned subsidiary of Vijaya Diagnostic. The MRI services entity operates in Kolkata with a turnover of approximately INR 2.36 crores in FY2024-25. The record date for determining eligible shareholders is November 25, 2025.