Announcements

Hospital & Laboratory Conference in Hyderabad & Chennai

Healthcare Sector in the country is under pressure to provide Affordable Healthcare Solutions to the Patients. Hospitals, Labs are struggling with issues related to mounting Costs, Price restrictions.

The challenges of large and small healthcare facilities may differ at an organization level but at an industry level, most of the challenges remain same and common.

Quality Healthcare is possible only when People, Processes, Systems and Structure are in alignment and are up to Serviceable Standard level.

Keeping in mind the changing dynamics of healthcare scenario, we are organizing these conferences which shall be attended by Healthcare Professionals from various regions.

These are Theme based Conferences and each Conference will have Three Theme Topics. Format of each Theme Topic will have a Speaker Session, a Panel Discussion OR ProCon Session followed by a Q & A Session.

Themes are designed based on Market needs and the same shall empower participants to go back with key takeaways to implement some of those suggestions.

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To know more about this Conference, click following link

http://events.healthcare/index.php

For Registration, Contact:

Dr. Salil Choudhary: +91 9686140567 

Mr. Mohammed Ilias: +91 99405 53791

Email ID: info@events.healthcare

Some Thoughts as we enter in to the New Financial Year

Author: R.Venkatakrishnan, Director – Value Added Corporate Services P Ltd

As we draw closure of yet another financial year, for most Indian businesses, it time to quickly take stock of the year that has just gone by.  The year has been quite torrid for torrid for most part and many would like to quickly put bitter memories behind.  Irrespective of what happened, it would be a good idea of putting some thoughts in place to ensure that we have some game plan for the ensuing year.  It may also be something like the proverbial New Year resolutions that we pass, except that in the case of business the results end up staring at our face!  I have a couple of thoughts on the same.

To begin with I personally feel that the worst is behind us.  Like all hard core accountants, that comes with a couple of caveats! To start with I would imagine that the Indian recovery would to a large extent be a function of a decisive mandate in the ensuing polls!  While economic decisions in the recent past have been positive, albeit a little too late, a fractured verdict could bring back problems of lack of decisive policy making and accountability.

Interest rates that have remained unreasonably high over the last couple of years could potentially show signs of easing in the next couple of quarters, at least based on present trends on inflation.  However, a bad monsoon could be game spoiler.  The quantitative easing in US may not be make a very big impact considering that the some deft handling by RBI has ensured that the foreign exchange reserves have gone back to the USD 300 billion mark.  The other positive being that the short term external borrowing, that is debts due during 2014, has come down to 21% of the total debt – Down from 23%.

Those are couple of other issues on the economic front!  On the regulatory side, the New Companies Act 2013 has become fully operational with the Government notifying many more sections.  The new act brings about a lot more changes to the corporate regulatory framework.  Some of the changes are stringent and would warrant close monitoring to ensure compliance.  The implementation of GST may not happen in a tearing hurry and would take some more time, which would be unfortunate but businesses have to accept ground reality.

On the business front the period of slowdown or recession, whichever way you would want to look at it, has created some new perspectives to the way people have looked at business.   One thing that has become certain is uncertainty/volatility in the business environment.  The changes have been driven by regulatory requirements / customer changes / competitor activity /technology or a combination of many or all of these. Speed has also become a new normal as customers have realized that it would be possible to demand at shorter delivery cycles. In normal circumstances it may not have been possible but business houses were operating under sub-optimal conditions even irrational delivery demands have been accepted.  The need to collaborate or network with every stakeholder has become the order of the day.  If need be organizations have not shied away from even collaborating with competition!

On investment strategy for the New Year – it would all depend on the risk appetite!  Even from a debt perspective I would look at a combination of Fixed Maturity Plans and good dose of gilt securities.  When interest rates come down gilt securities are bound to go up and will return good returns.  With the economy probably bottoming out, taking contrarian view and investing with a long term view will deliver good returns.  For a short term punter a straddle, i.e., buying both put and call options, may be good insurance.  One of them is bound to be a very strong winner!

Would be happy to hear views and see how some of these thoughts perform in the year to come.

BIS tag: Electronic goods importers seek further extension of deadline

This article was originally posted here by RAHUL WADKE & RAJESH KURUP

Importers of electronic products have sought an extension of the January 3 deadline to comply with the Government’s safety certification norms.

Extended twice earlier, the industry is sceptical of getting another reprieve, a move that could halt the imports of these products.

The great Indian sanitation crisis

This article was originally posted here

New data released by the National Sample Survey Office (NSSO) have once again underlined the abysmal state of sanitation in the country, particularly in rural India where two-thirds of the country lives.

Only 32% of rural households have their own toilets, according to the recently released results of a large-scale survey conducted by NSSO in 2012. An additional 9% have access to toilets although the access figure could be an overestimate. The results of the last census had also highlighted India’s gaping sanitation deficit. Census results showed that less than half of Indian households had a toilet at home; there were more households with a mobile phone than with a toilet.

Obama to nominate Indian-origin doctor as Surgeon General

This article was originally posted by PTI here

A prominent Indian-origin doctor who heads a group that promotes Barack Obama’s signature healthcare law could become the next US Surgeon General with the President planning to nominate him to the top medical post.

Rising Above the Competition by Reengineering the Patient Experience

The continuing influence of consumerism in healthcare coupled with the escalating focus on outcomes has produced at least one constant in the ever-evolving healthcare market: increased competition. In fact, in just about any community served by more than one healthcare provider, competition for patients is at an all-time high.
But at a time when performance, if not survival, is based on how well an organization can contain costs, how do you differentiate yourself from the competition, yet do so in a fiscally responsible way that drives down healthcare costs?

Roadshow on Investment Opportunities in Bangladesh : 10 AM – 29 June 2013 : Hotel Hilton, Chennai

Bangladesh India Partnership Initiatives

Investments, Trade & Business

Roadshow on Investment Opportunities in Bangladesh

Saturday, 29 June 2013: Hotel Hilton, Chennai – 10 AM

 

Bangladesh is actively looking for FDIs in several sectors such as Textile, Plastic, Light Engineering, Home Textile, ICT, Software Development, ITES, Jute and Jute Goods, Pharmaceuticals, Hospital & Medical Equipments, Tourism, Infrastructure Development, Rubber products amongst others from Bangladesh, I am pleased to inform that the Confederation of Indian Industry and the Board of Investment, Government of Bangladesh have signed a MOU to facilitate bilateral Investment and business partnerships.

This MOU signed between CII and BOI will help in future facilitation and policy redressal on investments in Bangladesh.

As a follow to this, Confederation of Indian Industry (CII) in partnership with Board of Investment, Bangladesh (BOI) and India Bangladesh Chamber of Commerce & Industry (IBCCI) is organizing Roadshows on India-Bangladesh Investment Opportunities on 29th June 2013 at Hotel Hilton, Chennai.

This initiative is being driven from the office of the Hon Prime Minister of Bangladesh. As a part of this initiative, a very High level delegation led by the Executive Chairman Board of Investment, Bangladesh along with the CEOs of leading companies with specific project proposals who are looking for Joint Ventures will be visiting Chennai on 29th June 2013. The list of the visiting delegation along with project briefs is attached for your reference.

The first component of these Roadshows will be to share information on the investment climate sectoral opportunities, investment incentives, information on policies, market practices and intelligence for investments in Bangladesh. A key and second component of the Roadshows will be to facilitate concrete Joint Ventures between Bangladesh and Indian counterparts, through prefixed one to one meetings, based on specific JV proposals by business for Bangladesh.

We are writing to request you to take advantage of this unique initiative by participating in the program and also nominating a team of senior officials from your company to participate. The Reply form is enclosed which may be used for confirmation.

Look forward to your reply at the earliest to enable us to schedule your one to one appointments with the Bangladesh delegations on a first come first serve basis.

 

Kind regards,

 

Head – Chennai Zone – CII

 

Registration Form

 

List of Bangladesh Delegates