Thursday, November 5, 2020

SBI Card Partners with Paytm for the Launch of Paytm SBI Card


* Two leading players in digital payments space join hands to launch next generation credit cards ~ 

* Aiming to bring new to credit users into the formal economy and empowering them to control their finances~ 

* Enables digital process for the card application, issuance and managing the expenses ~ 

* Can be used across the Paytm ecosystem, third party platforms & offline retail stores ~ 

* Reimagines rewards & benefits with unlimited upfront cashback and lifestyle privileges ~ 

* Equipped with Tap to Pay feature for seamless, contactless payments ~ 

SBI Card, India’s largest pure play credit card issuer and Paytm which is India’s leading digital financial services platform have joined hands to launch India’s next generation credit cards.  Available in two variants, “Paytm SBI Card” and Paytm SBI Card SELECT, the product has been launched on the Visa platform. Paytm SBI Card variants completely reimagine the credit card experience by enabling smart app features and providing superior rewards & benefits for its users. This launch is in line with SBI Card’s endeavor to offer customers tailored products which bring maximum value in line with spending needs and to encourage digital forms of payments for a safe and enhanced customer experience.  

Paytm SBI Cardholder will be empowered to control their cards through smart one tap features available on both SBI Card mobile app & Paytm app. Paytm SBI Card Variants will be equipped with instant one-touch services such as blocking/ unblocking the card for online transactions, blocking the card in case of loss, issuance of a duplicate card and viewing outstanding credit-limit. It will also offer the option to safeguard users against fraud by switching off the card for contactless payments or international transactions when not required. Paytm App will also come with a personalized spend analyzer helping in assessing expenses and planning future spends smartly. Paytm users can register their interest for the card from the Paytm app in less than 1 minute. 

Customers can use Paytm SBI Card and Paytm SBI Card SELECT to maximize savings on following: 

5% Cashback on Paytm 

Movie Tickets 

Paytm Mall (Paytm ecommerce store where they can buy clothes, electronics, gadgets etc.) 

Travel Tickets (Bus, Train, Flights) 

2% Cashback on other spends on Paytm App 

Utility Bills, Mobile Recharge etc. 

1% Cashback on all other online & offline spends 

Designed for the new age, digitally savvy customers, Paytm SBI Card and Paytm SBI Card SELECT will bring customers rewards and savings upon using the card on the Paytm app as well as millions of online and offline stores. Cardholders receive cashback of 5% and 3% on Paytm SBI Card SELECT and Paytm SBI Card respectively, upon booking movie tickets and travel tickets on Paytm app as well as on purchasing items from Paytm Mall.  For other spends on Paytm app using the Paytm SBI Cards, cardholders receive 2% cashback while 1% cashback is offered on spends elsewhere. The Paytm ecosystem offers a host of purchase categories and the Paytm SBI Card brings regular Paytm users a multitude of cashbacks on their most relevant spending categories. 

Select customers have a chance to apply for Early Access to the card by joining the waitlist that has gone live on the Paytm App from 1st Nov. 

Talking about the association with Paytm, Mr. Ashwini Kumar Tewari, MD & CEO, SBI Card said, “The credit card industry in India remains largely underpenetrated. Also, given the current scenario where social distancing is a way of life and cashless payments are a safer alternative, there has been a renewed impetus to digital payments from all corners. Our strategic partnership with Paytm is intended towards making credit cards more accessible to all. Through this partnership, we will also be able to leverage Paytm`s extensive reach to bring new age, digitally evolved consumers across India, a safe, convenient, and rewarding payment solution, combined with the benefits of a credit card. Further, in an innovative move, we will be underwriting customers basis their transaction history on Paytm, thereby bringing the Paytm SBI Card seamlessly to a huge customer base.” 

Bhavesh Gupta (CEO - Paytm Lending) said, "We proudly welcome SBI Card as our partner to introduce India's most sincere credit card with intelligent features and great rewards that never expire. Our cards are truly designed to benefit India’s aspiring youth and evolved professionals. These cards will help them lead a healthier financial life by managing and analyzing their spends through the Paytm app and make well-informed financial decisions. Our partnership aims towards democratizing access for credit cards amongst masses. We believe this can transform the credit market by bringing 'new to credit' users into the formal economy” and providing a truly personalized card management experience to our customers."  

T R Ramachandran, Group Country Manager, India and South Asia, Visa added, “We are delighted to join hands with two of our valued partners in India, SBI Card and Paytm to bring this unique offering to the market. Besides the relevance of the tap to pay card at times like these, the premium offers and discounts packaged by the three partners into this card make it an exciting offering for Indian consumers. We are excited about the prospect of this exclusive partnership introducing products and solutions to onboard a new generation of Indians to digital payments.” 

The cards deliver value from the point of enrolment itself, offering welcome benefits like complimentary Paytm First membership worth Rs 750. Paytm SBI Card SELECT also offers cardholders Rs 750 cashback upon first use.  

Paytm SBI Card SELECT customers get complimentary Priority Pass Membership for first two card membership years as well as four complimentary domestic airport lounge visits per year. Along with these benefits, the cards also reward customers for their loyalty through various annual milestone benefits.  Paytm SBI Card SELECT customers can avail gift vouchers of up to INR 6000 annually on achieving certain milestone spends while Paytm SBI Card customers get complimentary Paytm First Membership Voucher upon achieving annual retail spends of Rs. 1 lac. The cardholders also get 1% fuel surcharge waiver along with cyber fraud insurance cover of 1 lac and 2 lacs respectively for Paytm SBI Card and Paytm SBI Card SELECT.  

SBI Card and Paytm have digitised the entire credit card experience — from the application process to tracking & issuance of the credit card. The service offers the flexibility of choosing a convenient time on the Paytm app itself for the collection of documents along with online tracking of card issuance & delivery. The seamless application process will reduce the rate of application rejections and will enable more people to participate in the formal credit system. 

Highlights of Paytm SBI Card SELECT and Paytm SBI Card 

Paytm SBI Card SELECT 

Welcome Benefit - Complimentary Paytm First Membership and INR 750 Cashback 

Up to 5% Cashback on Paytm App spends and 1% Cashback on spend elsewhere 

Gift Vouchers worth up to INR 6000 on achieving milestone spends 

Complimentary Priority Pass Membership & Domestic Lounge Access 

Cyber Fraud Insurance cover of Rs. 2,00,000 

1% Fuel Surcharge Waiver 

Paytm SBI Card 

Welcome Benefit: Complimentary Paytm First Membership 

Up to 3% Cashback on spends on Paytm App and 1% Cashback on other spends   

Complimentary Paytm First Membership Voucher on card renewal 

1% Fuel Surcharge Waiver 

Cyber Fraud Insurance cover of INR 1,00,000 

Customers can apply for the Paytm SBI Card and Paytm SBI Card SELECT online through the Paytm App. Both the cards can be availed at the annual fee of INR 499 and INR 1499 respectively. Customers will also have an option to choose from two-color variants on the Paytm App. 

Wednesday, November 4, 2020

Jaguar Opens Booking For All-Electric Performance SUV, The I-PACE


●        Jaguar I-PACE is powered by a 90 kWh Lithium-ion battery, producing 400 PS from its two electric motors

●        The I-PACE will be offered in S, SE and HSE variants in India

●        Complimentary 5 years service package, 5 years Jaguar Roadside Assistance and 7.4 kW AC wall mounted charger will be provided in addition to the standard 8 years or 160 000 km battery warranty

●        Jaguar has partnered with Tata Power in India to provide Home/Office charging solutions to I-PACE customers

●        Customers will also be able to access ‘EZ Charge’ EV charging network being installed by Tata Power, which already has 200+ charging points in 23+ cities and fast expanding across the country

●        Deliveries are expected to begin from March 2021

Jaguar Land Rover India, today announced that it has opened bookings of its all-electric Performance SUV, the Jaguar I-PACE. The vehicle is fitted with the state-of-the-art 90 kWh Lithium-ion battery that delivers 400 PS from its two electric motors. The 90 kWh Lithium-ion battery comes with an 8 years or 160 000 km warranty. Additionally, I-PACE customers will benefit from complimentary 5 years service package, 5 years Jaguar Roadside Assistance as well as a 7.4 kW AC wall mounted charger. Demonstrating outstanding performance, the vehicle accelerates from 0-100 km/h in just 4.8 s. The I-PACE will be offered in three variants that include S, SE, and HSE.

Rohit Suri, President & Managing Director, Jaguar Land Rover India said, “We are extremely thrilled to commence our electric journey in the Indian market with the introduction of the Jaguar I-PACE. While focusing on the company’s vision of creating a sustainable future, we are committed to the introduction of electrified vehicles across the Jaguar and Land Rover portfolio.”

Since its debut, the Jaguar I-PACE has won several accolades and over 80 global awards, including the prestigious 2019 World Car of the Year, World Car Design of the Year, and World Green Car. It was the first car ever to win all three World Car titles simultaneously, making the I-PACE a true global EV icon.

Jaguar Land Rover is committed to providing a worry-free EV experience to its customers. And for this, Jaguar Land Rover has already tied-up with Tata Power to provide office and home charging solutions to customers of I-PACE. Further, Tata Power as part of its ‘EZ Charge’ EV Charging network, has installed 200+ charging points across the country. These are present at convenient locations like malls, restaurants, offices, residential complexes and along the highways. Jaguar customers will have access to this fast expanding ‘EZ Charge’ EV Charging network of Tata Power.

To know more about the Jaguar I-PACE, kindly visit www.jaguar.in

Jaguar Product Portfolio in India

The Jaguar range in India includes XE (starting at ₹ 46.64 Lakh), XF (starting at ₹ 55.66 Lakh), F-PACE (starting at ₹ 66.07 Lakh) and F-TYPE (starting at ₹ 95.12 Lakh). All prices mentioned are ex-showroom prices in India.

Jaguar Land Rover Retailer Network in India

Jaguar Land Rover vehicles are available in India in 24 cities, through 27 authorized outlets in Ahmedabad, Aurangabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Delhi, Gurgaon, Hyderabad, Indore, Jaipur, Kolkata, Kochi, Karnal, Lucknow, Ludhiana, Mangalore, Mumbai, Noida, Pune, Raipur, Surat and Vijayawada.

Esperer Onco Nutrition Announces Appointment of Madhumita Manna As New VP, Consumer Health


Esperer Onco Nutrition (EON) announced the appointment of Ms. Madhumita Manna as Vice President, Consumer Health Division.  With more than two decades of experience in leadership roles across industries Ms. Manna's appointment will be instrumental in understanding the micros and macros of trends, inter-disciplinary dynamics and strategies going forward for Esperer Nutrition. Esperer Onco Nutrition (EON) is  clinical Nutrition  organisation headquartered in Mumbai having its own R&D centre in Hyderabad.

A highly skilled and result-driven professional, Ms. Madhumita is an IIM-Calcutta alumnus in Business Management. She has led and managed profit centres for companies like Pfizer, Torrent Pharma & DRL in in the pharmaceutical industry. Her leadership role at Esperer will help EON in making turn-key decisions related to new market creation, innovative business modelling and insight-based strategies. Her passion for comprehending, analyzing and formulating strategies based on market trends and consumer dynamics will help streaming Esperer's larger business strategy. "I am excited to have commenced work with Esperer Onco Nutrition (EON). I am hoping to contribute to building a stable foundation and offer a podium fertile with growth potential for the research organization keeping their objectives in mind", said Ms. Madhumita Manna.

Mr. Raktim Chattopadhyay, Founder & CEO said, "We were looking for a leader with intrinsic experience in the Nutraceutical space along with hands-on experience in market and business strategy in  industry. We have found the best. I am looking forward to work with Ms. Madhumita as Vice-President, her know-how could pave a promising and brighter future over evidence based clinical Nutrition consumer market segment ."

About Esperer Onco Nutrition (EON)

Esperer Nutrition strives to champion the role of nutritional therapies that have proven clinical & health economic value & improve the quality of people's lives. EON is destined to understand, treat & help prevent a range of medical conditions by leveraging nutrition and life sciences.  Company  aims to address specific health conditions with special emphasis on Onco Nutrition &  intend to provide a 360 degree solution to global cancer portfolio right from Preventive Oncology to Cancer Disease Management using Nutraceutical as complementary therapy to stage & region specific cancer patients. 

EON aspire to become global pioneer considering Drug-Nutrient Interaction as major factor in chronic  disease management. 

SunTec Business Solutions Chooses Profit.co to Accelerate Business Performance and Improve Productivity


SunTec Business Solutions, the world’s #1 relationship-based pricing and billing company chose Profit.co, a tool that helps track and manage individual objectives and key results against the overall organizational goals to aid enterprise growth and enhance efficiency.

Profit.co’s OKR software is being deployed across all the departments and global teams covering the entire 650 employees at SunTec. The first phase included leadership teams, functional heads and department heads globally. The implementation is now being done in a phased manner with an ROI expected within six months of complete roll out which was started in second quarter of 2020.

SunTec reviewed several OKR [Objectives and Key Results] SaaS platforms and chose to partner with Profit.co after a rigorous evaluation. The company’s leadership team opted for this OKR tool given its proven framework to achieve strategic goals.

Nanda Kumar, CEO of SunTec Business Solutions said, “We are glad to move to an OKR platform that enables the entire organization to work towards and achieve our strategic business goal. Profit.co’s consultative approach, responsiveness and customer focused approach were the clear differentiators that served as a deal maker. We also found the software to be user-friendly, intuitive, and customizable.”

“Due to the unprecedented times our clients' demands are changing requiring us to stay agile. We must continuously iterate our execution and tactics to meet our objectives.  We are confident that Profit.co’s OKR platform will help us to implement OKRs and realize our strategic goals, meeting all our needs”, said Prakash Nair, Vice President & Global Head - HR and Knowledge Management at SunTec Business Solutions.

He further added, “An important aspect for an organization is keeping employees aligned with the organizational objectives and goals. OKRs is among the best frameworks to achieve this.”

SunTec was earlier using the Balanced Scorecard Method, an approach to plan and set objectives and goals. It was used to improve customer service, enhance business performance, and accelerate innovation. However, using the Balance Scorecard method was complicated and SunTec wanted to move away from the manual and labor-intensive process of creating OKRs on an excel sheet. 

Senthil Rajagopalan, President & COO from Profit.co said, “We’re happy to partner with SunTec and assist them in moving from a manual to automated tracking of OKRs. We are confident that our platform will help improve efficiency and increase transparency throughout SunTec.”

About Profit.co

Profit.co, HQ in Fremont, CA, USA, is an enterprise OKR platform, integrated with Task Management, performance management and employee engagement. With its easy-to-use UI, Profit.co enables businesses to practice OKRs at every level of an organization. It allows users to align vertically with their management or horizontally across different departments helping them to execute their  OKRs across the organization with Focus, alignment  and transparency. Learn more at Profit.co, or connect on LinkedIn, Twitter and Facebook.

About SunTec Business Solutions

SunTec is the world’s #1 relationship-based pricing and billing company. More than 130 clients in 45+ countries rely on SunTec to provide hyper-personalized products, offers, pricing, loyalty programs, tax compliance, and billing for over 400 million end-customers. SunTec products are based on our cloud-native and cloud-agnostic, API first, micro-services-based proprietary platform, Xelerate and are delivered on-premise, on private cloud and as SaaS. SunTec has global operations including the USA, UK, Germany, UAE, Singapore, Canada, Australia, and India. 

PNB Records Net Profit of Rs 621 Crore & 7.1% YoY Growth in Operating Profit During Q2FY21


KEY HIGHLIGHTS 

·Global Business of the Bank at Rs. 17,86,670 Crore with a YoY growth of 1.06%. 

·Global Deposit of the Bank grew by 1.37% on Y-o-Y basis to Rs. 10,69,747 Crore. 

·Domestic CASA Share improved by 253 bps on Y-o-Y basis to 44.10% in Sept’20. CASA Deposits grew by 7.01% on Y-o-Y basis to Rs. 4,59,477 Crore in Sept’20. Savings Deposit grew YoY by 9.05%. 

·Gross Global Credit grew by 0.59% on Y-o-Y basis to Rs. 7,16,924 Crore. 

·Retail, Agriculture & MSME (RAM) Credit grew by 5.73% on Y-o-Y basis to Rs. 3,76,477 Crore. 

·Retail Credit grew by 3.85% on Y-o-Y basis to Rs. 1,30,158 Crore in Sept’20. Housing loan grew by 9.77% on Y-o-Y basis to Rs. 83,929 Crore in Sept’20. 

·CRAR as per Basel III increased to 12.84% in Sept’20 from 12.63% in June’20. 

·Operating Profit grew by 7.1% on Y-o-Y basis to Rs. 5,675 Crore in Q2 FY’21. 

·Net Profit for the quarter is at Rs. 621 Crore as on Sept'20 as against Net Profit of Rs 308 crore and Rs. 757 Crore as on June’20 and Sept'19 respectively. 

·Global NIM improved to 3.21% in Q2FY21 from 2.5% in Q1FY21 and 2.58% in Q2FY20.·NNPA ratio at 4.75% in Sep’20 improved by 64 bps from 5.39% in June’20. 

·Provision Coverage Ratio (PCR) improved by 225 bps to 83.00% as on Sept’20 from 80.75% as on June’20. 

Business Performance in Key Parameters (as on 30.09.2020) 

❖Domestic Deposits increased by 0.88% on Y-o-Y basis to Rs. 10,41,681 Crore as at the end of Sept’20. 

❖Domestic Advances increased by 0.52% on Y-o-Y basis to Rs. 6,97,341 Crore as at the end of Sept’20. 

❖Domestic Business increased by 0.73% on Y-o-Y basis to Rs. 17,39,022 Crore as on Sept’20 from Rs. 17,26,342 Crore as on Sept’19. 

❖Current Deposit stood at Rs 66,593 crore at Sep’20. Savings Deposit grew YoY by 9.05% on Y-o-Y basis to Rs. 3,92,884 Crore. 

❖Agriculture Advances grew by 12.39% YoY to Rs 1,24,350 crore as at Sep’20. 

❖MSME Advances grew by 1.56% YoY to Rs 1,21,969 crore as at Sep’20. 

Profitability 

❖Net Interest Income grew YoY by 29.3% to Rs 8,393 crore during Q2FY21 and by 18.9% to Rs 15,142 crore during HY21. 

❖Total Income stood at Rs 23,439 crore during Q2FY21 and at Rs 47,731 crore during HY21. 

❖Total Expenditure declined by 6.4% to Rs 17,764 crore during Q2FY21 and by 2.3% to Rs 36,776 crore during HY21. 

❖Operating Profit grew by 4.9% on Y-o-Y basis to Rs. 10,955 Crore in HY21. 

Efficiency Ratios 

vGlobal Yield on Advances improved to 8.09% in Q2FY21 from 8.04% in Q2FY20 and 7.64% in Q1FY21. 

vGlobal Cost of Deposits improved to 4.48% in Q2FY21 from 5.34% in Q2FY20 and 4.92% in Q1FY21. 

vCost to Income Ratio declined QoQ to 47.87% in Q2FY21 from 49.41% in Q1FY21. 

Priority Sector 

❖Priority sector (PS) Credit is at Rs. 2,78,384 Crore as on Sept’20. 

❖National Goal achievement under PS and Agriculture is 41.60% and 18.10% of ANBC, exceeding the target of 40% and 18% respectively. 

❖Credit to Small and Marginal farmers is Rs. 56,806 Crore as on Sept’20. National Goal achievement is 8.49% of ANBC, exceeding the target of 8%. 

❖Credit to Weaker Sections is at Rs. 73,705 Crore as on Sept’20. National Goal achievement is 11.01% of ANBC, exceeding the target of 10%. 

Asset Quality 

❖Gross Non Performing Assets (GNPA) ratio declined to 13.43% as on Sept’20 from 15.66% in Sept’19.❖Provision Coverage Ratio (PCR) excluding TWO improved to 67.90% as on Sept’20 from 65.34% as on June’20. 

❖Credit Cost stood at 2.27% in Sep’20. 

Capital Adequacy 

❖CRAR as on Sept 30, 2020 improved to 12.84%. Out of which, Tier-I CRAR is 10.33%, CET-I is 9.53% and Tier-II CRAR is 2.51% as on Sept’20. 

Digitalization 

❖Internet Banking users crossed 236 Lakh. UPI transactions increased YoY by 72% to 42.05 Crore. 

❖POS installed increased YoY by 17.05% to 91,929. 

❖Bharat/BHIM QR Code installed increased YoY by 187% to 2,19,125. 

Financial Inclusion 

❖Amount mobilized under Pradhan Mantri Jan Dhan Yojana stood at Rs. 3706 (Average Balance) as on Sept’20. 

ParticularsAs on 30.09.2019 As on 30.09.2020Account(in Lacs) Amount (in Rs) Account (in Lacs) Amount (in Rs) Accounts opened under PMJDY and Amount mobilized (Average Balance) 379 4477 390 3706 

❖Enrollment under PMJJBY, PMSBY & APY:-(No. in Lakh) JANSURAKSHA SCHEME ENROLLMENT UP TO SEPT’19 SEPT’20 Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) 31.1 31.9 Pradhan Mantri Suraksha Bima Yojana (PMSBY) 142.6 144.9 Atal Pension Yojana (APY) 11.5 12.4 Distribution Network 

❖10930 branches (1970 Metro, 2277 Urban, 2753 Semi-Urban & 3930 Rural). 2 Overseas branches at Hong Kong and Dubai. 

·13878 ATMs. 

·12756 BCs. 

New Delhi Date: 02-11-2020 

Awards and Accolades 

Bank secured overall 4 th place under EASE 2.0 amongst all PSU Banks in different themes as under: 

1. Responsible Banking –2nd runner up. 

2. Governance and HR –2nd runner up. 

3. Deepening FI & Digitalisation –2nd runner up. 

Social Media Presence of the Bank:(No. of Followers) 

❖Facebook: 9,22,631 (https://www.facebook.com/pnbindia/) 

❖Twitter: 1,61,200 (https://twitter.com/pnbindia) 

❖LinkedIn: 62,565 (https://in.linkedin.com/company/pnbindia) 

❖Instagram: 43,174 (https://www.instagram.com/pnbindia/) 

❖Youtube: 37,213 (https://www.youtube.com/pnbindia) 

New Initiatives Undertaken 

1. Digital Apnayen Campaign- Launched on 15th August 2020, More than 8 Lakh customers on-boarded on digital channels. 

2. Rs 40 Lakh Donated to PM CARES Fund on behalf of customers for Digital On-boarding since launch on 15th August 2020. 

3. Facility of Overdraft against FD in PNB One Mobile App. 

4. Facility of Insta - Demat through Internet Banking. 

5. Gram Sampark Abhiyan launched on 02nd Oct 2020: 1.67 Lakh customers were contacted in around 5000 camps with increased credit sanctions, digital on boarding and enrolment for social security. Note: Oriental Bank of Commerce & United Bank of India have been amalgamated with Punjab National Bank w.e.f 01.04.2020. Accordingly financials as on September 2019 & March 2020 are combined figures of three banks. The combined financials have been arrived by aggregation of numbers. 

Meitra Hospital Collaborates with Health Ministry to Establish Kerala’s First Tele-ICU at Beach Hospital


Kerala has marked yet another pioneering innovation in the field of public healthcare. Health Ministry along with Meitra Hospital has successfully setup the state’s first Tele-ICU at Beach Hospital, Kozhikode. Meitra Hospital will be leading the deployment of the clinical & technological expertise, while Faizal & Shabana Foundation will financially support the recurring operations of this initiative. The official launch took place on the auspicious occasion of Kerala Piravi, in the presence of Honorable Health Minister Ms. K K Shailaja, Meitra Hospital Chairman Mr. Faizal E Kottikollon, Meitra Hospital Director, Dr. Ali Faizal and Meitra Hospital CEO Dr. P Mohanakrishnan, along with other dignitaries.

Government General Hospital, also known as Beach Hospital becomes the first member of Meitra Hospital’s mission to upgrade and equip healthcare with technology & bridge an acute shortage of intensivists in the country. The initiative is not just expected to address the deficient number of specialists, but will offer a range of critical care facilities ensuring better health outcomes, risk - reduction of medication errors and infection control, through pro-active round the clock monitoring. 

“The initiative is intended to turn the healthcare system into a giant ecosystem. There is a shortage of Intensivists and the current pandemic has laid open the gap and exposed the vulnerabilities at a global level. It is the right time to leverage technological innovations to solve healthcare challenges, by giving the doctors more digital solutions in their armamentarium. Meitra Hospital has always prided itself in being at the forefront of healthcare innovations. We are happy to be partnering with the Health Ministry to bring the latest technological advancements to the state to serve the people better” said Faizal E Kottikollon, Chairman, Meitra Hospital & Founder Chairman, KEF Holdings.

“There are more than 3 lac ICU beds, but less than 5000 intensivists in the country. The gap is huge & cannot be left unaddressed especially when it comes to life saving critical care treatments. Advances in technology have ensured that we can now democratize quality healthcare and bring it closer to people through wider access” explained Dr. Ali Faizal, Director, Meitra Hospital.

“Our Tele-ICU setup is a proud Made-in-India solution that is at par with global standards. Our team of intensivists will monitor the Tele-ICUs from our Command Center based at Meitra Hospital which will offer round-the-clock monitoring of critical care patients. We have also trained the staff at Beach Hospital so that they stay abreast with the new technology” informed Dr. P Mohanakrishnan, CEO, Meitra Hospital.

Meitra Hospital stands committed to providing quality healthcare in the country. This step towards creating a network of Tele-ICUs in the region, once again reiterates its commitment towards its people. The hospital will be extending this facility to a host of other hospitals in the region to bridge the doctor-gap and make their ICUs more robust, efficient, and better adept at handling diverse kinds of critical care patients.

Press Conference Attendees

Mr. Faizal E Kottikollon (Chairman - Meitra Hospital & Founder Chairman - KEF Holdings) and Dr. P Mohanakrishnan (CEO, Meitra Hospital).

Blacksheep Value OTT Platform Launched at the Market of India Experience Centre


Market of India’s Experience Centre hosts its first mega event within a fortnight of its launch at SPR City. Blacksheep, Tamil Nadu’s most popular YouTube channel inaugurated its OTT Platform, Blacksheep Value at the experience centre on Monday. Popular cine actor Sivakarthikeyan was the chief guest and launched the new OTT platform.

To mark the launch of the OTT platform, Blacksheep started a marathon live streaming of 110 hours of non-stop content from the Market Of India’s Experience Centre. The live streaming will host over 50 celebrities and 50 Tamil Sangams from across the globe from 2nd November to 6th November 2020. This marathon live streaming can be viewed at Blacksheep’s YouTube, Facebook and Instagram pages. 

The 30,000 sq ft Experience Centre will play host to many such events all designed to reach out to audiences across the world. With a special focus on the global trading community, The Experience Centre will see a host of seminars, exhibitions, talk shows and cultural events propagating the message of making Chennai, a global trading hum. The Experience centre gives a glimpse of the ambitious Market of India project by the SPR Group. 

The live session will have continuous excitements through callers, celebrity walk-ins, launches, tree adoption, space launch, subscriber interaction and much more. During the live streaming Blacksheep will also announce the upcoming shows, series and movies which are exclusively available at the OTT Platform. 

SPR Group, the developer of Market of India, India’s largest wholesale market with 5000+ shops and offices. Market of India aims to overcome the current trading challenges witnessed in unorganized traditional Indian markets. The wholesale centre provides a cohesive marketplace for business and is expected to rival the biggest trade centres in China. Providing world-class infrastructure, warehousing, logistics, supply, and trade ecosystem, Market of India is expected to transform into a trade destination and will enable traders in India and South Asia to expand their business.

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