New Trend: Startups are pushing good changes in the healthcare sector at a fast pace

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India is among the major countries of the world in terms of diabetes, cancer and death of children. Despite this, the healthcare system here is far behind and backward. Now there are rapid changes in it. And this change startup fast …Read more

Startups are taking good changes in the healthcare sector at a fast pace

The number of unicorn in India has crossed hundred

New Delhi. Changes in healthcare systems are also needed time with corona epidemic and changing times. Startups have played an important role in furthering this change. Ratna Mehta, Executive Vice President of Wadhwani Foundation, Wadhwani Catelist Fund, has analyzed the issue.

India is the diabetes capital around the world, there are 73 million cases, which are growing rapidly. According to a study by the American Diabetes Association, by 2030, the number of diabetes patients in India will increase the most. The number of cancer cases in India is third worldwide. Every year more than 16 lakh Indians get to know of cancer. Due to this, the death toll is 50 percent. And not only this, cases of death of newborns are the highest in India.

Healthcare system far behind

Despite the high burden of diseases, India is in those countries where government expenditure on health care is the lowest. Insurance cases are also less here. The traditional model of business in the healthcare sector is not good. Capital experience and operating costs are very high. In addition, there are huge differences between demand and supply of skilled resources.

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About 74 percent of doctors in the country are concentrated in urban areas, so access to basic primary healthcare in semi urban and rural areas is a good issue. The facility of telemedicine revealed due to this requirement and it is capable of access to far-flung areas. In this way, every person can have basic healthcare delivery through this.

Telemedicine
There are different types of models inside telemedicine and are completely from online to mixed models. Medcords is a rural telemedicine platform providing online telecasting. For this, it digits the medical record and this facility is provided through the formA network.

Karma Healthcare

There is another such platform centered in rural areas, Karma Healthcare, which is following the hub and spoke model. It has two nurses in the hub (center) which makes telecasting possible from the expert doctor.

Glocal
Glocal is a technology -based platform that provides access to healthcare to the rural population. For this, it has a comprehensive integrated model of primary and secondary care hospitals, digital technology and dispensary. At present, its 141 digital dispensary is in Rajasthan, Bihar, Jharkhand, Uttar Pradesh and some northeastern states. Glocal hospitals are specially designed and each of them has 100 beds and is with its type of unique devices. It has standardized protocols near it for 38 diseases that cover 91 percent of diseases or conditions.

Qure dot AI

A startup with Bangalore base, cure dot AI (Qure.AI) identifies abnormalities in the scan using AI and deep knowledge algorithm. This detects abnormalities in the scan and thus the subtlety and speed of detection of the disease is improved. AI is also helping to detect cancer.

Nirmai

Nirmai, a start up on women’s health, has developed technology to detect breast cancer, which is possible only by reading the patient’s body temperature.

‘Hub and Spoke’
The innovation of business models like ‘Hub and Spoke’ improves access to important medical facilities and ensures that operating skills are better and the cost is low. India’s major cancer institute, Tata Memorial Center aims to set up about 30 hubs and 100 spokes across the country to make access to affordable treatment of cancer. The needs of 40,000 new patients are expected to be met every year in each hub, while 8,000 new patients are expected to be arranged from spoke. The aim is to increase the reach through the hubs to 40 million people and 5-10 million people through spoke.
During the five years, the emergence of online formas has helped in accessing medicines and bringing them into strength. Analytics operated inventory management are high and due to high sales, patients are getting medicines at better rates while fast delivery is being made possible from technology enabled supply chain.
According to AIIMS, it is 24 percent in cardiq cases and 50-80 percent in hyper tension. 1 MG, Pharma Easy and Netmeds are large institutions in this field. They have the support of good investors and they are expanding their network across the country. Apart from this, there are some other institutions like drug friends which are emerging and there is a possibility that along with these big institutions, they will be present, provided they can make their special place to take this area of ​​delivering medicine. This is the beginning of a major change in healthcare delivery space in the true sense.

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Startups are taking good changes in the healthcare sector at a fast pace

Happy Birthday Tesla Ceo Elon Musk Know About Musk Personal and Working Life Varpat

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Happy Birthday Elon Musk: Today is the birthday of Elon Musk, the founder of Space-X and CEO of Tesla (Tesla CEO).

Elon Musk Birthday: 3 Bibians, Father of 6 Children is Musk, Read Interesting Story

The central government has rejected Tesla CEO Alan Musk’s demand to reduce import fees on e-vehicles.

New Delhi. Today is the birthday of Elon Musk, the founder of Spacex and CEO of Tesla (Tesla CEO). Born on 28 June 1971, Musk turned 50 today. Today we are telling you about Allen Musk, his life, his struggle. The world’s richest person has spoken less and has done more by facing the struggles of life. There are many things about his life from which every youth should learn. It is said about Alan Musk’s earnings that he earns 67 lakh rupees every second. Despite this, there is scope for new ideas in his mind.

Musk is from South Africa
Alan Musk was born in South Africa. He came to Canada at the age of 17. He was very fond of reading books since childhood. He was very calm in childhood, due to which friends used to bother him. Elon had learned commuters programming at the age of 10 and at the age of 12 he prepared a video game called ‘Blaster’, which a local magazine bought him for US dollars. This can be called Musk’s first ‘business achievement’.

How was musk studies
Born on 28 June 1971 in South Africa, Allen Reeve Musk is a citizen of South Africa, Canada and America. Her mother Maai was a musc model and dietician, while Eraol Musk was an electromachanical engineer. Alan Mask is the largest of three children. His childhood was spent between books and computers. He arrived in the US Silicon Valley to do his PhD in 1995. He enrolled in the Applied Physics Department of Stanford University here, but left him only two days later. At that time, younger brother Kimble Musk had completed graduation from the University of Cwings. Kimble is 15 months younger than Alan.

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He came to California to his brother. During that time the internet was started. The two brothers decided to start a startup together. He named him Zip-2. It was an online business directory, which was equipped with maps. The money received from this, at the age of 27, Musk put up in a new company called ‘X.com’ and the company claimed that ‘she is going to bring revolution in the system of transferring money.’ This company of Musk is today known as ‘Pay-Pal’ which was purchased by E-Baye in 2002 and for this Musk received $ 165 million. This was a major achievement of his career.

Bought old BMW car in 1993
Alan Masak first bought an old BMW car in 1993. The car was built in 1978 and Alan Musk bought an old glass from a junk shop for $ 20 to change the glass of his car.

Tesla’s foundation laid in 2004
In 2004, Alan Musk laid the foundation of Electric Car Company Tesla and said, “Everything will be electric in the future, rockets going to space and Tesla will play an important role in bringing this change.” The scope of Alan Musk’s work is not limited to only future cars. His company makes the parties and batteries in Tesla electric cars that are sold to other car manufacturers.

Also read- You can invest money in this fund till July 9, make a millionaire by applying only 5,000 rupees, know how?

Father was not attached
Alan has not been very attached to his father. Allen’s father never supported his dreams and Alan has said that his childhood was full of troubles. Alan also stopped conversation with his father several times. Once Alan’s father also shot three thieves who entered his house.

How is Musk’s Personal Life?
If we talk about Allen Musk’s personal life, Alan Musk married Canada writer Justin in the year 2000. This relationship lasted for eight years. Justin was divorced. After this, she married British actress Talula Riley in 2010. However, after two years, the relationship between the two was over. After this, Musk once again got married in 2013, but after three years he was separated again. After this, the relationship between Alan and superstar actress Amber Hurd made a lot of headlines in Meedia but both of them broke up soon due to their busy schedule.

Alan Musk has 6 children from the first wife Justin, one of whom died. These are the five boys. Alan and his girlfriend have been born in a son in a son in May this year. He has named it x æ a-12, which he later changed to X æ A-XII. Due to this name on social media, Musk also became quite viral.

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Elon Musk Birthday: 3 Bibians, Father of 6 Children is Musk, Read Interesting Story

Meet Successful Business Women Anjali SUD She Wants to Reimagine The Future of Video Varpat

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Online video platform Vimeo when listed on American Stock Exchange Nasdaq (NASDAQ) last month was not only important for Anjali Sud but was a proud day for every Indian.

This Punjabi woman transported the loss in losses on highs, read success

Vimeo Ceo Anjali Sud

New Delhi. Online video platform Vimeo when listed on American Stock Exchange Nasdaq (NASDAQ) last month was not only important for Anjali Sud but was a proud day for every Indian. However, why not when a woman is moving out of the village of Punjab and moving fast in the foreign market. Anjali Sood, who is not only a successful CEO of a successful company, but also a daughter, mother and a wife. And Anjali is doing all the responsibilities well. Last month, it was a proud moment for everyone to see Anjali of Indian origin Anjali with her 2.5 -year -old child with a nasdac stock opening market bell. Let’s know how Anjalik is handling the veteran company like Vimeo along with mother, wife and daughter….

What is Anjali’s company Vimeo?
First of all, you know about the company whose CEO is CEO about the company… So let us know that Vimeo is a video streaming platform. Sood, who took over as CEO in 2017. At present, it has about 200 million or about 200 million users. It was launched in 2004 by Jake Lodwick and Jachin Klein. Anjali Sood says that Vimeo’s team is not going to stop until it brings the power of professional quality videos to all. According to a report in the April 2021 in The Verge, Vimeo had about 1.5 million, or about 1.5 million paying customers. During the corona epidemic, when the video consumption increased, more than 200 million users should be connected globally with the Vimio. As of March 2021, there are 1.6 million payment customers.

Also read- Do you also have this note of 500 rupees? RBI gives important information, get details quickly

Anjali Sud is of Indian origin
Anjali Sood was born to an Indian couple’s house in Detroit, who settled from Punjab to America. Anjali in 2005 from Wharton School, University of Pennsylvania. C. C. After this, he did his MBA from Harvard in 2011. In 2014, he took over as a marketing director in Vimeo. After this, her work made the company so happy that she became the CEO of Vimeo in 2017.

The company was ever harming
When Sood became a marketing director in the company in 2014, the company was competing with YouTube and Netflix, as it was a platform without advertising. Anjali Sood slowly started working hard to make the company strong and bigger. The company began focusing on business owners, while YouTube and Netflix were focusing on filmmakers. His company also gave this video platform to small businesses, with the help of which he could publish anywhere and publish anywhere. In this way, the company continued to move slowly and today its company has become a company of more than 1 billion dollars.

Also read- You can invest money in this fund till July 9, make a millionaire by applying only 5,000 rupees, know how?

‘There is a deep connection with India’
In an interview to Moneycontrol, Anjali says, both my parents are from India and are Punjabi. He came to USA just before my birth. We have grown up among Indian cultures. She says, my father is a doctor, but he is also an entrepreneur. So I grew up seeing them building a business. I have seen how my father was associated with the floor of the factory, there was amazing enthusiasm for him to work. If I am successful as a leadership, then because of them.

Both home and company handles
Both home and work are difficult to handle well. I cannot say that I did not struggle, I try hard to keep both of them in balance. Due to the support of the family, today I am able to play my bitter in both places. On Sunday, I give myself to myself, when I hand over my son to my husband and just roam the city for 2 hours. During this time I get time to think about everything.

Also read- Good news: These account holders of SBI are getting 2 lakh rupees for free, know how to take advantage of this?

There is a plan to spread business in India
Anjali says, the need for video is global, we have seen an increase in every market since epidemic in the use of new product equipment. The possibility of new investment in the Indian market has increased in the case of Infra. Certainly an area about which we are thinking and excited. We will increase our team in India. We have an office in Bangalore, I hope that this office will be our second largest office outside our headquarters.

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This Punjabi woman transported the loss in losses on highs, read success

Start Health Supplements Products Business and Earn 3 Lakh Per Month Know Details Varpat

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If you are thinking of starting your own business, then today we are telling you about a business idea that you can become a millionaire in a short time (How to be a billionaire) Are….Read more

Start this business by applying 10 to 15 lakhs, earn more than ₹ 3 lakhs every month

Some Mutual Funds have given more than 25 percent returns in the last 5 years.

New DelhiAre you fed up with jobs? Or do you want to earn more (Earn Money) sitting at home? In such a situation, if you are thinking of starting your own business, then today we are telling you about a business idea that you become a millionaire in a short time (How to be a billionaire ) Can. This business can be a very profitable business for you. To start this business, you will have to invest 10-15 lakh rupees at a time, after that you can earn up to 3 lakh rupees every month. Let’s know about this business….

Health will also take care of health with wealth
Let us tell you that in most states of India, there is a lot of drumstick farming. It contains many types of multi vitamins, protein, amino acids. Its demand has increased as health supplements in the country for the last few years. Many startups are making new healthy products by processing drumstick. Pramod Pansare, a resident of Maharashtra, is also doing this business. They have been marketing all over the country by preparing chocolate, chikkis, khakra and snacks with the help of drumstick leaves and turmeric for the last two years. At present, they are doing business of three lakh rupees every month.

Also read- Have you also bought shares of this legendary company? So now not a single rupee will be available, the company itself told this reason

How to do business of this
According to a media report, Pramod investment of Rs 15 lakh in this business and opened an office. Then collected necessary documents including food license and started business. Pramod said, we started insisting on healthy food supplements. This helped us a lot in increasing the scope of our business. The demand for our products increased.

Also read- Air India will sell flat and property! Buy houses in 10 big cities including Delhi-Mumbai for ₹ 13.3 lakh, will also give special discounts

Learn how to do marketing?
Pramod said, initially used to marketing his products by setting up stalls. Later, when the demand of that product started increasing, then he started marketing by contacting retailers and big wholesale dealers. Also enlisted the help of social media for promotion.

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Start this business by applying 10 to 15 lakhs, earn more than ₹ 3 lakhs every month

Meet 28 year old shantanu naidu to help entrepreneurs ratan tata impressed his business idea varpat

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Today we are telling you about a young man who has created a new place in business industry at a young age. Veteran businessman Ratan Tata is also a fan of his ideas.

This 28 -year -old man is giving business idea, Ratan Tata also became Murid, taking advice

Today we are telling you about a young man who has created a new place in business industry at a young age.

New Delhi. Today we are telling you about a young man who has created a new place in business industry at a young age. Veteran businessman Ratan Tata is also a fan of his ideas. These people are 28-year-old Shantanu Naidu. Ratan Tata, a veteran business leader and former Tata Group Chairman Ratan Tata, has a 28 -year -old Shantanu Naidu’s mind behind the startups in which his personal investment is made. His work won the heart of former Tata Group Chairman Ratan Tata. Let’s read the story of Shantanu…

Shantanu help startups
Naidu comes live on his Instagram handle every Sunday with ‘On Your Sparks’. He has participated in seven sessions so far. Naidu charges 500 rupees per person for ‘on your sparks’ webinar. His company is motopaws, which design and build a dog’s collar that shines in the dark to protect their lives from running. The business of Motopaws is spread over more than 20 cities and four countries today.

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Tata came due to attachment to dogs
Shantanu says that on the way, many dogs were seen dying in the grip of high speed of vehicles. It was very painful. It turned out that drivers could not see dogs in time, this was a major cause of accidents. This led to the idea of ​​making Shantanu a caller reflector for dogs. After some experiment, he made a collar named Metapose. With this, the driver could see the dogs from a distance without street lights at night. Now the life of street dogs was saving. This small but important work was written in the newsletter of Tata group companies. Ratan Tata looked at this, who himself is very fond of dogs.

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A letter written to Tata at the behest of his father and called
At the behest of the father, Shantanu wrote a letter to Tata one day. Then he was invited to meet Ratan Tata. Shantanu is the fifth generation of his family, working in the Tata Group. But never got a chance to meet Tata. In the meeting, Tata asked for help of the Street Dogs Project but Shantanu refused. Tata insisted and made an undeclared investment. After Ratan Tata’s money, motopause has reached 11 different cities of the country. Tata continued to meet on this excuse.

An invitation to join Tata’s office in 2018
One day Shantanu told Ratan Tata to do MBA in Cornell. Admission was also found in Cornell. During MBA, the entire focus was on entrepreneurship, investment, new startups as well as credible startups discovery, interesting business ideas and main industry trends. After finishing the course, in the year 2018, Tata was invited to join his office. Shantanu says that working with him is a matter of respect. This kind of opportunity is available only once in life. Staying with them, you get to learn something new every minute. Never felt like a generation gap. He never lets you feel that you are working with Ratan Tata.

Also read- If you have this coin of 2 rupees, then you can earn ₹ 5 lakh sitting at home, know what to do?

Startups also benefit from Tata’s experience
81 -year -old Ratan Tata has deep faith in the country’s startup ecosystem. In June 2016, Ratan Tata’s private investment company RNT Associates and University of California of the Regents joined hands to fund new startups, new companies and other enterprises as UC-RNT funds in India. However, Ratan Tata does not know about the amount of most of the investments, but whatever startups are successful in bringing them with them, they get the treasure of Ratan Tata’s experience with financial help.

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This 28 -year -old man is giving business idea, Ratan Tata also became Murid, taking advice

Ratan tata successful business tips you can achieve more money and success check details Varpat

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Success Tips: If you are starting your business or already in business, but looking for progress, then businessman Ratan Tata can prove to be helpful for you.

Remember these 6 things of Ratan Tata to be successful! Thick earnings will be successful and will be successful

This company of Tata Group gave 250% return in 1 year

New Delhi. Nowadays everyone wants to earn money, wants to be successful, but few people want to walk on that path to get it. If you are starting your business or are already in business, but are looking for progress, then the talk of businessman Ratan Tata (Ratan Tata) can prove to be helpful for you. Ratan Tata, a legendary industrialist and chairman of Tata Sons, has invested extensively in many successful startups in the country. Although they consider themselves an accidental investor, most companies were successful in any startup in which they invested and today their business is in Arabs. Let’s know according to him, what major things should be kept in mind to start any company…

1. Stress on innovation
Ratat Tata believes that the future of those startups is excellent, who have done new experiments. Therefore, one should keep innovating. Tata is putting more emphasis on innovation for startups.

2. Focus on Value
Talking about Tata Group, everyone knows that the value of this group is very high. In such a situation, Ratan Tata hopes that the startup also gives prominence to the value factor. They are strongly against the incident like absconding absconding.

Also read- Explained: Why are cryptocurrencies that make rich in a short time are in controversies .. Know what is the plan being made in India?

3. Promoters should be positive
According to Ratan Tata, how is the attitude of the promoters of the startup, with which idea he has come with and works on the basis of their thinking about its salutes. According to Tata, they like to invest in a new company. Especially in new ideas startups.

4. No right time
In an interview in October 2019, Ratan Tata said that there is nothing like right time to get global for startups. It is the responsibility and understanding of the founder when he has to expand his global global. At the same time, Ratan Tata had said that I also see how much the promoters are and how serious they are about their new company.

5. Give preference to work
Many industrial houses of such India are with the industry that they are also interested in politics as well as politics. But Tata Group and especially Ratan Tata have always avoided these things. He always understood everything in his life. First of all, the work has been preferred.

Also read- With the help of government, start this business for just 15 thousand rupees, earning will be up to ₹ 1 lakh

6. Give respect to others
Those who know Ratan Tata privately say that they always remain calm and gentle. They meet even the smallest employees of their company with great love.

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Remember these 6 things of Ratan Tata to be successful! Thick earnings will be successful and will be successful

Start your own sanitary napkin business just in 15 thosand and you can earn 1 lakh check how varpat

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How to Earn Money? Today we are telling you about a business that you can start in low investment. The special thing is that you can also take government help in starting it.

With the help of government, start this business for just 15 thousand rupees, ₹ 1 lakh will be earn

Pradhan Mantri Suraksha Bima Yojana (Pradhan Mantri Suraksha Bima Yojana)

New Delhi. Nowadays everyone wants to do his own business and wants to earn a hefty amount. In such a situation, if you are also thinking of starting your business and you are looking for a great business idea, then today we are telling you about a business that you can start in low investment. The special thing is that you can also take government help in starting it. The government will give you 90 percent loan of project cost. This is such a business whose demand is increasing day by day. This business is- how to start your own sanitary napkin business?) You can start it from just 15 thousand rupees and earn up to 1.10 lakh rupees. Let’s know how to start this business –

Government will help
The government has also included sanitary napkins in business projects under the Mudra Scheme. According to the project report, 1440 napkins unit has been told daily. If eight napkins are packed in a packet, 180 packets can be produced daily. According to this report, if you want to start a small business of sanitary napkins, then you can only put this unit in a 16×16 foot room.

Also read- Necessary news for 6 crore PF holders! EPFO makes this rule mandatory, immediately update the account or else the money will stop

Start project for 15 thousand rupees
According to the project report, if you set up a unit for 180 packets daily, your project will start for Rs 1.45 lakh. For this, you will get 90 percent i.e. a currency loan of Rs 1.30 lakh, then you will have to invest only 15 thousand rupees on your behalf. You will have to get the defibing machine, core morning machine, soft touch sealing machine, napkin core dye, UV treatment and with their installations you will get these machines for about 70 thousand rupees. You will have to take wood pulp, top layer, back layer, release paper, gum, packing cover as raw-matterial. It has been said in the report that one month’s Raw-Material will come for about 36 thousand rupees.

What will be the production cost?
According to the report, if work is done for 300 days in a year, then there will be a production of 54000 packets, which will be the cost. 4.32 lakh rupees on Raw-Material, 84 thousand rupees on salary, 27 thousand rupees on administrative expense, 8 thousand rupees on depression, 800 rupees on insurance, 4 thousand rupees on repair maintenance, 18 thousand rupees on interest oni, 18 thousand rupees on sailing expenses 16200 rupees i.e. total expenditure will be Rs 5.90 lakh.

Also read- Gold Price Today: Good news! Gold became cheaper by Rs 7,000 from record level! Check your city quickly

Learn how much will be earned?
The report estimated that if you sell a packet of sanitary napkins in the wholesale market for a price of Rs 13, then you will be able to sell a total of about Rs 7.02 lakh. In such a situation, if your total sales will be Rs 7.02 lakh, then your profit will be around 1.08 thousand rupees, which is reduced by the cost on machinery next year, then your profit may increase further.

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With the help of government, start this business for just 15 thousand rupees, ₹ 1 lakh will be earn

Benchmark indices trade flat; metal stocks lead decliners

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28/05/2019 MUMBAI: The new brand identity for Nifty Indices launched at the National Stock Exchange in Mumbai on May 28, 2019. Photo By. Paul Noronha

28/05/2019 MUMBAI: The new brand identity for Nifty Indices launched at the National Stock Exchange in Mumbai on May 28, 2019. Photo By. Paul Noronha Photo Credit: PAUL NORONHA

Benchmark indices were trading flat with narrow movement on Thursday, dragged by metals.

At 1 pm, the BSE Sensex was near the day’s low (49,781.48) at 49,858.74, down 43.9 points or 0.09 per cent. It hit an intra-day high of 50,099.17. Nifty 50 was at 14,992.50, down 37.65 points or 0.25 per cent. It hit an intra-day high of 15,069.80 and a low of 14,960.50.

Gaurav Garg, Head Of Research, CapitalVia Global Research Ltd, said, “In morning trades, Indian equity indexes continued their lackluster performance ahead of the weekly expiration of index futures and option contracts.”

“Traders remained cautious, with rating agency ICRA stating that the increase in headline figures of key economic indicators in April is attributable to the base effect and that the economy will see a hard time as consumer morale remains low. US market decline further, as Federal Reserve participants agreed that the US economy remained far from the central bank’s target. Asian markets were mostly trading in red following the global peers,” added Garg.

Mahindra & Mahindra, Cipla, BPCL, Titan and IndusInd Bank were the top gainers on the Nifty 50 while Tata Steel, Hindalco, Britannia, ONGC and Tata Motors were the top laggards.

Metals under pressure

On the sectoral front, majority of indices were in the red.

Metals and auto continued to remain under pressure. FMCG and IT stocks also recorded losses.

Nifty Metal was down 2.43 per cent while Nifty Auto was down 0.35 per cent. Nifty FMCG was down 0.42 per cent. Nifty IT was down 0.37 per cent.

Pharma stocks also erased previous session’s gains with Nifty Pharma down 0.04 per cent.

Nifty PSU Bank remained resilient and was up 0.63 per cent. Nifty Realty also managed to extend gains, trading marginally higher and was up 0.54 per cent.

Broader indices remain resilient

Broader indices remained resilient in a volatile market, outperforming the benchmarks.

Nifty Midcap 50 was up 0.11 per cent while Nifty Smallcap 50 was up 0.30 per cent.

The S&P BSE Midcap was up 0.13 per cent while the S&P BSE Smallcap was up 0.56 per cent.

Notably, the volatility index rose 1.08 per cent to 19.53.

Published on May 20, 2021

Ujjivan SFB Q4 profit up 86%

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The net profit of Ujjivan Small Finance Bank (SFB) soared 86.6 per cent to ₹136.49 crore in the quarter ended March 31, 2021 as against ₹73.15 crore in the same period in the previous fiscal. However, for the full fiscal 2020-21, it reported a net profit of ₹8.3 crore as compared to ₹349.92 crore in 2019-20.

For the quarter ended March 31, 2021, Ujjivan SFB reported a 21 per cent drop in its net interest income of ₹368 crore as against ₹467 crore in the same period a year ago. Net interest margin was 7.9 per cent in the fourth quarter last fiscal versus 11.2 per cent a year ago. Other income grew 62.5 per cent to ₹117.29 crore in the January to March 2021 quarter versus ₹72.16 crore a year ago.

Also read: Resolution to appoint Samit Ghosh as MD and CEO, Ujjivan Financial Services not approved

The bank’s gross non performing assets shot up to ₹1,070.6 crore or 7.07 per cent of gross advances as on March 31, 2021 as against 0.97 per cent on March 31, 2020. Net NPAs also jumped to 2.93 per cent of net advances as on March 31, 2021 from 0.2 per cent a year ago.

₹74 crore write-offs

It made write-offs worth ₹74 crore in the fourth quarter of last fiscal while provision coverage ratio as on Mar 2021 was 60 per cent.

“We continue to carry ₹172 crore of Covid provisions which provides cushion for credit cost in upcoming months. As the business environment remains impacted due to pandemic, we are taking adequate steps to safeguard the interests of our employees, customers, investors and all other stakeholders,” said Nitin Chugh, MD and CEO, Ujjivan SFB.

Published on May 18, 2021

Success Story: Make a handbag with garbage by working with garbage pickers, today 100 crores turnover

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Anita Ahuja collects plastic waste from garbage and make world-level handbags from it.

Success Story: Make beautiful handbags from waste, today 100 crores turnover

In 2003, the Textile Ministry gave Anita a small booth at a fair, in which the first order of 30 lakh rupees was received. (Photo Credit: Kenifolis)

New Delhi. To do business, not only capital is required, but it is also necessary to have a good idea. Thanks to this idea, a female entrepreneur raised a turnover of Rs 100 crore. The interesting thing is that it provided employment to thousands of garbage pickers and the central government’s ambitious schemes ‘Swachh Bharat Mission’ and ‘Make in India’ were also strengthened.
Anita Ahuja of Delhi and her husband Shalabh are carrying out this unique campaign. According to the published news by Canfolioes, they make beautiful products of export quality using plastic waste. Born in Bhopal and grew up in Delhi, Anita Ahuja, the daughter of this freedom fighter, spent her whole life in the service of society. Let’s know how they created a business of making beautiful items with garbage…
Also read: Success Story: TPA business quit his job for parents’ care, now 3000 crores portfolio

Started working for garbage pickers to get new in life
Seeing the plight of garbage pickers, she decided that she would do something to improve her life. Therefore, started a social enterprise under which the garbage was collected from the garbage and decided to make a world-level handbags from it. He had no plan to enter the business nor to do social service. With the aim of doing something new in life, he started working for garbage pickers.
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NGO ‘Conservative India’ started collecting garbage
One day Anita, along with some friends and family members, decided to take some small projects in her area. He started an NGO ‘Conservative India’ and started collecting garbage from all over the area under this project. The waste of the kitchen was kept from the garbage collected and kept in a nearby park to make manure. In the beginning, he realized that nothing would be achieved alone, so Anita also asked for another colony. His start was not to make money.
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Work started with Resident Welfare Association with 3000 people
NGO Kanjarv India started the Resident Welfare Association with around 3000 people. The association became a full -time commitment organization in 2002, which had its own rights. Four years Anita worked with the garbage pickers and realized that her standard of living is even below the level of poverty. She decided that she would work to improve the standard of living of garbage pickers. He got information on recycling technology from the Internet and tried to do different things.
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First he worked for weaving and made carpets
First he worked as weaving and made carpets. But these products looked very simple to see, hard work was too and was not financially practical and it was also difficult to sell them. Then he decided to develop plastic bags and this work went on well. She thought that first she would do artwork in plastic bags and then will put her exhibition and then go and try to increase the money. Her husband realized that this plan of Anita would not work. Shalabh made a large -scale plastic sheets by the machine. Through the automatic machine, he would make artwork in it and then put them in the exhibition.
Order of 30 lakhs found in a small booth
In 2003, Kanjarv India took part in the trade fair of Pragati Maidan. The Textile Ministry gave him a small booth and he got an order of 30 lakhs in it. Anita and Shalabh decided that they would owe the company as the buyers were not willing to take orders directly from the NGOs. For plastic waste, garbage pickers had to take garbage from house to house, but it was rarely in proportion and then special colored plastic was required to make the product. For this, he contacted the junk people and started ordering plastic waste directly from the industry. Gradually, Kanjarv India became a brand. By the year 2020, turn-over reached 100 crores.

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Success Story: Make beautiful handbags from waste, today 100 crores turnover