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Archive: December 31, 2021

Dairy Launch
business

Virtusa Lifespaces unveils its special New Year Diary & Calendar- 2022

Dec 31, 2021 by Neel Achary 0 Comments

~ The Diary and Calendar are launched by Chetan Anand (Arjuna Awardee & International Badminton Player, World No. 10) & L V Revanth (Singer, Winner of Indian Idol 2017) ~

Hyderabad, 31st December 2021:Virtusa Lifespaces, a green-habitat development firm providing world-class residential townships had today launched a New Year Diary & Calendar 2022 for their partners & stakeholders. The program was graced by Chetan Anand (Arjuna Awardee & International Badminton Player, World No. 10) & L V Revanth (Singer, Winner of Indian Idol 2017), Mr. Vaigandla Venkateswarlu, Chairman & Managing Director and Mrs. Hemalatha V, Director – Virtusa Lifespaces.

Calendar Launch

Virtusa Lifespaces has always played a lead role in releasing Diaries and Calendars each year for their partners and stakeholders in Telangana & Andhra Pradesh regions.

Speaking on the occasion, Mr Vaigandla Venkateswarlu, Chairman & Managing Director, Virtusa Lifespaces said that “It is a great privilege to launch the New Year Diary & Calendar-2022 for our partners & stakeholders. Sharing our specially customised Diaries and Calendars with all our well-wishers brings us great joy. New Year brings new hope and new aspirations to all of us who are a part of the real estate industry. We hope and pray that this New Year will bring forth positive growth in the real estate sector in Telangana and AP. We also take this opportunity to wish everybody a very Happy New Year and express our gratitude to our guests Chetan Anand and L V Revanth for gracing the evening and launching the Diary and Calendar”.

Virtusa’s Current projects in Hyderabad:

  • “Lorna Greens”: Sixty (60) acres of Premium Gated Community Layout @ ShadnagarTown
  • “Icana Meadows”: Forty Five (45) acres of Gated Community Layout @ Kompally
  • “Celosia Nest”. Fifteen (15) Acres of Gated Community Layout @ Patanchervu
  • “Tuxedo Park” Fifty Acres of Gated Community @ Shadnagar Town
  • ”Cynosure” Seven Acres of Gated Community @ Shankarpally
  • “TRITON”: 22 Acres Gated Community @Sadashivpet

About Virtusa Lifespaces:

The Company was established by the CMD, Mr.Vaigandla Venkateswarlu, and Director Mrs.Hemalatha V, as an eminent entity in the real estate industry. The company draws strength from Mr. Venkateswarlu’s rich experience in planning, construction, marketing and successful completion of several mega commercial and residential projects in various cities of South India. The company aims to provide comprehensive residential space solutions across real estate categories and diverse consumer segments. The ‘Virtusa’ team offers over 25 years of real estate experience in real estate sales and all facets of property management. As an independently owned agency we have an inherent passion for our local area, strong ties to our community and an intimate understanding of our market. The quality of our service and the level of care we bestow on our clients set us apart.

business

TSRTC’s New Year Gesture to children

Dec 31, 2021 by Neel Achary 0 Comments

Free travel to Children below 12 years on 1st January 2022

Hyderabad, December 31, 2021…TSRTC’s New Year Gesture to children. It has decided to offer Free travel to Children below 12years of age accompanied by their parents on 1st January 2022.

In a press note issued today, TSRTC stated that welcoming the new year 2022 with joy and as a New Year offer, it is decided to allow free travel to children below 12 years of age, who are accompanied by their parents in all TSRTC buses on 1st January 2022.

health

Trends Expected in Healthcare, Telemedicine, Medtech & Pharma Industry in 2022

Dec 31, 2021 by Neel Achary 0 Comments

Dr Gauri Agarwal Founder and Director, Genestrings Diagnostic Centre & Seeds of Innocence pic

Dr. Gauri Agarwal, Founder & Director, Genestrings Diagnostic Centre and Seeds of Innocence

“While there may not seem to be a definite end game strategy insight for eliminating the pandemic in 2022, it is now becoming evident that those who have been fully vaccinated or infected are showing much better outcomes with mild clinical symptoms. This gives hope that we’re reaching a stage of transition from pandemic to an endemic disease stage, hopefully soon. However, 2022 seems to be having a rough start with the Omicron variant changing few predictions and timelines. India should definitely brace itself for a peak in February, however, based on findings so far, the hospitalisation rate has been low. This is a relief and hence steps to minimise transmission could go a long way. However, we’re already 2 years into the pandemic and there is an obvious fatigue amongst the masses, thus emphasis should go back to the basics with mask etiquette etc being the focus.

However, with the ongoing vaccination drive and the correct and timely decision by central government to push vaccination for young adults plus booster dose for select segments, we’re taking all the right steps. The 2nd half of 2022 gives hope that we will have a stronger line of sight of the endgame. Newer batches of booster dose and cheaper, faster testing protocol will play key roles over next 12 months though. Overall, 2022 should be the year of innovation and grassroots penetration with newer diagnostic research & development in home diagnosis, affordable & easy to implement molecular testing and digital care using IoT.

COVID-19 as we know it should become a mild flu or seasonal virus IN 12-18 months window and annual booster doses will become the norm. There are however still a lot of unknowns and a new dominant variant could again change these timelines.”

Dr H S Chhabra, Director, Indian Spinal Injuries Centre

Dr. H S Chhabra, Director, Indian Spinal Injuries Centre

“With its new variants, the year 2022 will be a year of Covid once more. The year 2021 was a challenging one for India’s health sector, as the lethal second wave of coronavirus struck. As a result, an unprecedented number of people lost their lives and there was unparalleled suffering for countless others. It did, however, serve as a valuable lesson for the entire healthcare industry, leading to the resurrection and upgrading of health infrastructure in both the public and private sectors. We not only have a completely functional oxygen plant but are also now fully equipped to face new challenges, such as Omicron, with a team of experienced doctors and paramedical staff. I strongly advise everyone to take both doses of the vaccine, if already not taken. Also, continue to observe social distancing measures, wear masks, practice hand hygiene and adhere to all the guidelines issued by the Indian government.”

Aashish Chaudhry

Dr. Aashish Chaudhry, Managing Director, Aakash Healthcare, Dwarka

“Next year will be another year of Covid, but we are fully prepared to meet any challenges that come our way. Aakash Healthcare is ready for 2022, with a solid infrastructure in place to help counteract the possibility of Covid’s third wave. Since last year, the hospital has been working in close collaboration with the government to provide critical care to COVID-19 patients in the pandemic and has earned the reputation of being one of the most sought-after centres for personalized care during COVID times. As the New Year approaches, we hope to complete the trials for the children’s Covid vaccine. As a  part of our overall development and expansion plans, we will establish a World Class Bone and Joint program/hospital in Gurgaon by next year. The new venture will serve as an Orthopedics, Joint Replacement, and Spine Hospital.In addition, we intend to open a new Cancer Hospital in Dwarka. which will provide comprehensive cancer care including Radiation and BMT (Bone Marrow Transplant).

We are almost about to launch our State of the art Liver Transplant Program at our existing Dwarka Hospital, Multiple clinics, as well as Super Speciality Hospitals, are about to crop up in North India. A couple of our international projects are also in the pipeline for 2022.”

Mr. Ashok Patel, Founder and CEO, max Ventilator

Mr. Ashok Patel, CEO and Founder, Max Ventilator(India’s leading ventilator manufacturer)

“Doctors say that the pandemic will always be there till at least  6 years. So all the businesses are prepared to deal with it. Even as Covid-19 has led to the rise of diagnostics and equipment along with an impressive rise in virtual and homecare-driven device segments, there has been an increased emphasis on making low-cost lifesaving devices such as ventilators and oxygen concentrators. Speaking especially of ventilators, from now onwards, the rule of 4 beds per ventilator will become more of a reality. With telemedicine and app-based online pharmacies becoming more of a constant surrounding our daily lives spurring innovations in related devices and equipment, the coming year will also see more action in big data, AI and machine learning-based disease prediction technologies, apart from a push to more sophisticated surgical devices meant for a range of conditions such as neurological, cardio-vascular, oncological, orthopedic or musculosketal conditions. However I must add that for AI-based ventilators to become a reality, more time would be needed. While make-in-India has gained momentum with the view to become more self-reliant, the Chinese products have received a setback. This means that quality will determine the entry of new products and more rigorous quality checks will increasingly become a norm. The coming year will also see major investment and focus on medical device components and parts in the country. At the same time, given the surging omicron cases outside India and a repeat of the same not totally being out of question in India, Covid-related devices and equipment will continue to remain a focus of attention of manufacturers in the country in the coming year.”

Actor turned M.P Dev
health

Actor turned M.P Dev inaugurates Sanjiban Hospital’s newly designed Cath Lab unit

Dec 31, 2021 by Neel Achary 0 Comments

L-R MP & Actor Deepak ( Dev) Adhikari, Dr.Nirmal Maji, MLA of Uluberia Uttor, Shri Bidesh Bose MLA of Uluberia Purba Constituency, Dr.Subhasis Mitra, Director Sanjiban Hospital and Dr. Dalia Mitra, Director Sanjiban Hospital.

Kolkata, 31 December 2021: At a time when heart ailments among even middle-aged persons have become a common phenomenon, Howrah’s Sanjiban Hospital has designed a new Cath Lab unit with the latest types of equipment keeping the roaring demand in mind. The Cath Lab unit has been inaugurated by parliamentarian and eminent actor Dev today at the hospital area itself. MLA of Uluberia Uttor, Dr. Nirmal Maji, MLA of Uluberia Purba constituency Shri. Bidesh Ranjan Bose, and Uluberia Municipality Chairman Mr. Abhay Das were present too among the dignitaries during inauguration. There are no charges for availing the facility only for Swasthya Sathi Card Holders but apart from that other patients will have to pay a reasonable amount.

Sanjiban Hospital’s Cath lab unit has been used for angiography and angioplasty diagnosis and pacemaker implementation of more than 400 patients in the last four months. But now the entire Lab has been revamped in such a way that it could cater to even more patients.

While addressing the Media Dr. Subhasis Mitra, Director, Sanjiban Hospital said, “A regular heart checkup is a need of the hour given our stressful lives across age groups. Thus we decided to renovate the Cath lab which has a Philips Allura Xper FD10 biplane X-ray system and specifically it is an ultra-modern state-of-the-art Cath lab unit now. Swasthya Sathi cardholders will have an edge on the charges too.”

About Sanjiban Hospital:

Sanjiban Hospital, a Class 1 Multi-Specialty and Super Specialty Hospital, is one of the largest and most acclaimed health knowledge management hospitals in West Bengal, with 300 bed super specialty facilities.

Conceptualized and set up by Dr. SubhasisMitra, an Onco-surgeon with 30 years of experience (16 years in the UK) Sanjiban draws its strength from a group of highly skilled and committed doctors trained in India and UK, teamed with nurses and other paramedical staff. Its vision is to achieve excellence in affordable healthcare and medical education.

Ketan Doshi - Managing Director PayPoint India
business

‘Fintech and NBFCs Partnership can Bring Credit Revolution in the Country’: PayPoint India MD Ketan Doshi at ASSOCHAM 8th National E-Summit

Dec 31, 2021 by Neel Achary 0 Comments

Hyderabad/Mumbai, December 31, 2021: Fintech companies can bring efficient onboarding of customers and offer seamless collection support at a negligible cost at the last mile touchpoints, stated Mr. Ketan Doshi, Managing Director of PayPoint India, at the recently held 8th ASSOCHAM National E-Summit on the NBFC sector.

Speaking at the event, Mr. Ketan Doshi said, “NBFCs are going to be the forefront of the credit outreach which is required in the country, and this can happen with the partnership model with Fintech. It can bring credit revolution in the country.”

“Pandemic has facilitated banks and NBFCs to join hands with Fintechs. Lenders are now looking for fintech partnerships serving the last mile mainly for customer onboarding as customer acquisition and collection costs are pretty high. With the help of NBFCs decision-making tools along with Fintech’s payment tools, credit can be disbursed within 5 mins, and the costs can also be bought down by around 65%.” Mr. Doshi added.

While most people cannot come to the mainstream because of the scarcity of capital, credit should also be made available to the underserved for the economy to grow. If the last mile is touched via the partnership model, there is considerable headroom for credit growth and greater financial inclusion. Also, government initiatives like OCEN (Open Credit Enablement Network) and Account aggregation can change the entire lending landscape in the coming year.

At the summit, the panelists also underlined that NBFCs have deeper penetration in rural markets and have played a significant role in the financial inclusion agenda. Today, NBFCs’ partnership with fintech companies is leading the way to the future of financial services. This partnership model is developed fundamentally to serve underserved customers who otherwise find it hard to access credit.

The summit also deliberated upon the outlook of Overall NBFCs & MFIs Sector, Deep-Dive into the Infrastructure and Housing Finance. Other Industry stalwarts such as Shri Alexander Muthoot – MD of The Muthoot Group, Shri Amit Gainda- MD & CEO of Avanse Financial Services Ltd., Shri Amit Gupta – CFO of U GRO Capital, Shri Sanjay Rudra – General Manager, Large & Mid Corporate of Bank of Maharashtra, Shri Samik Dasgupta – General Manager, and HOD NPA Management and Legal of IIFCL, Shri Ashok Soni – ED, of PFRDA, Dr. M. Narendra – Former CMD of Indian Overseas Bank also addressed the discussions.

Chief Minister Hemant Soren
business

CM Soren pitches in leading B- school to develop forest economy

Dec 31, 2021 by Neel Achary 0 Comments

Govt of Jharkhand collaborates with ISB to develop forest economy

Ranchi, December 31st: Taking a significant step towards creating jobs and wealth through a model of sustainable development, the Government of Jharkhand collaborated with Indian School of Business for a unique initiative to empower the state’s forest economy. In an event to mark the second anniversary of Hemant Soren-led government today, the Department of Scheduled Tribe, Scheduled Caste, Minority and Backward Class Welfare along the Department of Forests, Jharkhand, signed an MoU with the Bharti Institute of Public Policy at Indian School of Business (ISB), Hyderabad, to develop scalable and sustainable solutions focussing on forest-based industrial value chains.

“Our approach is to build and formalise linkages between major stakeholders in existing value chains for forest-based industrial raw material while creating incentives for sustainable forest management. We will facilitate institutional and technological capacity building of communities. This vision will contribute towards meeting India’s global commitments for sustainable development,” said Prof Ashwini Chhatre, Executive Director, Bharti Institute of Public Policy, ISB, while formalising the collaboration with Naman Priyesh Lakra, Welfare Commissioner, Government of Jharkhand, in the presence of Governor Ramesh Bais and Chief Minister Hemant Soren in the state capital today morning.

In January 2020, the Chief Minister, less than a month old in office, had approached ISB to propose a cluster-based strategy for development of forest economy in the state. Based on research on the current scale and future potential of existing value chains, the team of researchers from ISB, led by Prof Chhatre, proposed an institutional design to facilitate sustainable forest management, value addition, and industrial procurement of seasonal forest products.

The ISB team plans to pilot this approach in Gumla district, before expanding to other districts with promising forest products. For this, the researchers have prepared an action plan, starting with creating incentives for local communities by establishing Community Forest Resource rights under the Forest Rights Act. The team is also working closely with Jharkhand State Livelihood Promotion Society (the nodal agency for the National Rural Livelihoods Mission in Jharkhand) for supporting this vision through women’s self-help groups (SHG).

“We will prepare a business plan based on market demand for select forest products in Gumla and assess the need for capital investments in infrastructure for collection, storage, processing, and transportation of forest products through women-centric forest-based enterprises. We will build the capacity of SHG leaders for product aggregation and pre-processing through technological enhancements,” explains Shreya Jain, Research Associate, ISB.

The lynchpin of the initiative is a partnership between local communities as the custodians of forest resources; industry leaders using the products of that forest, and government agencies facilitating and regulating the creation of jobs and wealth. This unique project also represents a triple-win opportunity by reducing environmental threats, creating jobs at the bottom of the pyramid, and establishing sustainable forest management systems.

“We seek to establish active collaborations with government agencies, academic institutions, private companies, and civil society organizations in Jharkhand to address the tremendous potential of forests to create jobs and wealth while also mitigating adverse environmental impacts,” added Prof Chhatre.

From Left Suhas Samant, Sunil Deodhar, Gautam Thakur, Awardee Quotient Sumer, Rajdatta ji, Marioda Passwate, Dr. Harish Shetty
business

My Home India’s ‘One India Award’ conferred upon S. Quotient Sumer, a well-known author from Meghalaya

Dec 31, 2021 by Neel Achary 0 Comments

Mumbai, 30th December 2021: My Home India’s ‘One India Award’ conferred upon S. Quotient Sumer, a well-known author from Meghalaya by the Hands of Shre. Rajdatta ji, Chief Guest Senior Actor and Director

Sunil Deodhar, Founder & BJP national secretary, President of Saraswat Bank Gautam Thakur, President of ‘My Home India’ Dr. Harish Shetty & Secretary Suhas Samant along with various dignitaries were present on dais.

Rajdatta said about Awardee Quotient that, “I am overwhelmed when I felicitate such a great and noble personality. Our words are short to talk about the awardee. His work is really noble. I salute his work. “He further said, “My Home India has played a vital role in connecting the people of Northeast India with the rest of India. My Home India’s contribution is certainly remarkable. “

“Quotient Sumer is great and ideal person who fights for his religion and culture for the last several years against anti-national forces which have been operating in the states of Northeast India. The award was given to Quotient Sumer, who has been instrumental in thwarting such forces, not just him, but the award itself, “said BJP national secretary Sunil Deodhar. He was speaking as the keynote speaker at the India Award Ceremony.

We were not familiar with Kiang Nangba, who hanged by Britishers in Meghalaya in year 1862 for the War of Independence, but he became famous because of the writings of Quotient Sumer. Sunil Deodhar further said that, “Many such historical, cultural events, stories, battles in Meghalaya came before the world due to the writings of the great leader Quotient Sumer.”

“We are one, we are Indian first, and secondly we are of our respective states,” said by Quotient the awardee. The Northeast is also an integral part of India. Many organizations have been working for this for many years, and such work should continue. The honor I have received is not my personal one, it is the honor of the whole Northeast.

In the closing speech of the program, the president of the organization, Dr. Harish Shetty said that the work of an organization like ‘My Home India’ needs to grow continuously, young people should work for the people of Northeast India. My Home India Secretary Suhas Samant welcomed the audience.

Photo- From Left  Suhas Samant, Sunil Deodhar, Gautam Thakur, Awardee Quotient Sumer, Rajdatta ji, Marioda Passwate, Dr. Harish Shetty

business

Punjab National Bank Launches Online Life Certificate Submission Facility

Dec 30, 2021 by Neel Achary 0 Comments

Hyderabad, 30 December 2021: In a major initiative to simplify and extend convenience to its pensioners, Punjab National Bank has come up with the facility of online Life Certificate submission for Central/State Govt. pensioners. The easy-to-use web-based platform will enable pensioners to submit their Life Certificate through Video based Customer Identification Process (V-CIP).

This paperless submission process has been designed to involve video-based identification along with other simple pre-requisites such as a computer or a mobile/tab equipped with a camera, with GPS and microphone facility. Pensioner’s mobile number and Aadhaar number should be linked with bank account number. The pensioner will be able to submit their ‘Life Certificate’ via a video call through the bank’s corporate website www.pnbindia.in under “Online Services” section.

Post accessing the online platform, pensioners will have to enter the A/C number and mobile number registered with the bank. After validation of these details and Aadhaar number, the pensioners will be able to initiate a video call with the bank official who will further validate details online during this process. On successful validation of all the parameters, the request will be approved. The LC will be processed within two working days and an acknowledgement will be sent to pensioner’s registered mobile number.

health

Health cover – its trends in 2021 and what to expect in 2022

Dec 30, 2021 by Neel Achary 0 Comments

Raghavendra Rao, Chief Distribution Officer, Future Generali IndiaBy Raghavendra Rao, Chief Distribution Officer, Future Generali India Insurance

General Insurance industry has been growing with a study pace which is considerably stimulated by soaring growth from Health Insurance segment.

Onset of pandemic in 2019 at global stage, resulted not only multitudinous increase in sales of health insurance policies but also in Product and Service augmentation.

Existing situation compelled most of the health insurers to rejig and recalibrate the existing product and process strategies.

Soon after outbreak of pandemic, IRDAI made Covid-19 cover, a mandatory offering under affordable standard COVID-19 products which would take care of expenses related to COVID-19, including expenses incurred due to ‘home quarantine’, even if one do not have medical insurance, was introduced. The existing policies would have taken care of only hospitalization expenses only.

Products like Arogya Sanjeevani, with standard coverages across all insurers were also introduced by regulator with aim of extensive coverage at competitive rates.

Covid made people realise the need to protect the loved ones without any financial impediments and health insurance emerged as one of the best solutions to achieve this.

The foremost impact has been digitalisation of entire health insurance sector. Digitalised documentation & Claim process made things easy for policy aspirants with better TATs, enhanced customer satisfaction & dwindling the chances of miss-selling.

The industry has demonstrated the ability to rise to the situation. The high growth trajectory indicates the continuous improvements and innovations across all aspects of health insurance.

Augmented products & services like short waiting period, enhanced coverages, no sub-limits policies have become the order of the day.

FGII has always been a forerunner in innovative product and service offerings. FGII introduced products that provides home healthcare services and allows insured to be treated from the comforts of home.

Introduction of Instalment facility for premium payment along with Cashless claim settlement facility has been a quantum leap making health Insurance more affordable and prompting prospects to opt for higher SI coverages. FGII with more than 6000 cashless hospitals and less than 2 hrs cashless claim settlement has played a harbinger role.

Modern day lifestyle where stress, depression, anxiety are creeping in, along with physical health a greater awareness towards mental health is required. Thereby need for health insurance that covers mental ailments is felt. FGII ensures that most of its product offerings provides such mental health coverages.

In the year 2022 in my view greater focus would be mental illness on OPD basis, wellness products and shorter waiting period for specific illness can be seen.