businessfortnight

National Stock Exchange of India Ltd (NSE) witnessed more than 1.2 crore new investor registrations in the last 5 years, growing at a compounded annual growth rate of 11%. In 2019 alone, the Exchange on-boarded close to 30 lakh clients, up 4.5%, over the previous year. NSE also crossed the milestone of three crore registered investors in January 2020. Mr Vikram Limaye, MD & CEO, NSE said, “It is heartening to see that a large number of investors are showing an interest in participating in the equity markets. The milestone achieved is the culmination of efforts put in by all stakeholders with simplified client onboarding processes set up by SEBI and untiring efforts by NSE and its trading members. It is a positive sign for the country’s economy that the household savings are being channelized into markets thereby aiding the capital formation process. I am sure with the focused efforts of all stakeholders, we should be looking at touching the 5 crore investor mark over the next 3 ye

Aegon Life Insurance, pioneer of digital insurance in India, today announced the appointment of Sunita Rath as Chief People Officer (CPO) to lead the company’s human resource and talent management function and to drive organizational leadership and culture, effective February 07, 2020. In the new role, Rath will oversee strategy and processes related to building and retaining talent, including reskilling and multiskilling of employees. She will be reporting to Vineet Arora, MD and CEO, Aegon Life Insurance. Commenting on the appointment, Vineet Arora said, “We are pleased to welcome Sunita Rath to our Aegon Life family. As we move forward on our digital journey, her experience will be of great help in accelerating our transformation.  Insurance is a people’s business, thus, all the value we create for our clients comes from having the most skilled and engaged talent. Sunita has over 25 years of experience in developing talent, designing and delivering modern HR strategies globally. I

National Stock Exchange of India Ltd (NSE), India’s leading stock exchange today announced the launch of Request for Quote Platform for execution and settlement of trades (NSE RFQ Platform) which will allow market participants to transact in debt securities. Shri Ajay Tyagi, Chairman, SEBI launched the NSE RFQ Platform at an event held in Mumbai today. The NSE RFQ Platform can be accessed by eligible participants namely all regulated entities, listed corporates, institutional investors etc. The NSE RFQ Platform will provide market participants range of options to seek a quote and to respond to a quote while keeping an audit trail of all the interactions i.e. quoted yield, mutually agreed price, deal terms etc. This will bring pre-trade transparency in the transactions of eligible debt securities. NSE will manage the RFQ Platform and will specify various parameters for facilitating effective interactions amongst the participants. The eligible transactions will be reported to the CBRICS

Dr. E. C. Vinaya Kumar, Head, Department of ENT and Cochlear Implant Clinic, Apollo Hospitals, Hyderabad and founder of Society to Aid the Hearing Impaired (SAHI); was presented the prestigious Global Health Care Equality Humanitarian Award -2019, by the American Association of Physicians of Indian Origin (AAPI), USA at the recently held AAPI Symposium on Global Health care Equality at Kansas, USA. The award was presented to Dr Vinaya Kumar by Dr Seema Arora, Chair of AAPI Board of Trustees and Dr Suresh Reddy, President & CEO, AAPI; Executive committee of AAPI, Kansas City chapter, AAPI, among others, in recognition of his yeomen services in the mission to make “Deaf Free Telangana and Andhra Pradesh”, at a glittering ceremony attended in large numbers by physicians of Indian Origin. The Global Health care Equality Humanitarian award, instituted by the American Association of Physicians of Indian Origin (AAPI), USA, is given to the Indian origin doctors working in India or abroad

Osmania General Hospital (OGH), acknowledged the contributions of its alumni, NGOs and its partners in bringing about significant changes in the hospital services and facilities for the betterment of patients and their attenders in the last one year on the eve of the republic day celebrations organised at the hospital. Speaking on the side-lines of the Republic day function Dr. B. Nagender, Superintendent, OGH said, several projects have been undertaken and successfully completed at OGH recently, a few important ones were, the laying of a new road from OP to IP block and beyond and new Acute Neuro Surgery Care(ANSC) unit being commissioned, the upgradation of 24-hour path lab, a new Single donor platelet machine for the blood bank etc. He added that the old building is being fully vacated and additional space is being created above the QQDC block with 300 beds all within the hospital premises and as per plans old building renovation is a target for completion by Apr 2021. Highlighting

The second day of Mahindra presents BAJA SAEINDIA 2020 began with the Design Evaluation for all mBAJA & eBAJA teams. Yesterday, 113 teams of mBAJA and 46 teams of eBAJA were evaluated for the Sales Presentation. Team Rocketeer Racing from Sri Sairam Engineering College and Team Gyrfalcons from Modern Education Society’s College Of Engineering, Pune won the 1 st  Position in Sales Presentation award for mBAJA and eBAJA respectively. 32 teams appeared for Go Green evaluation yesterday with projects like catalytic convertors aimed to reduce vehicular emissions. Team Ziba Racers from Shri Vishnu Engineering College for Women, Andhra Pradesh won the Go Green Award with a score of 93 out of 100. Design Evaluation started today, whereby out of 120 mBAJA teams, 112 teams appeared and out of 53 eBAJA teams, 44 appeared. They were evaluated on parameters of sub-system Design methodology, CAE, Design Validation Plan and Design Failure Modes & Effects Analysis. The weight of the vehicle r

Pune based automotive major Force Motors (India’s largest van maker) revealed today to the media the country’s first next-generation shared mobility platform that has been simultaneously designed and developed for both Internal Combustion Engines and 100% Electric Drive. The project codenamed T1N has triggered about four years ago with the objective to develop a truly world-class shared mobility platform that would be way ahead of current offerings and raise the bar in terms of passenger comfort, convenience and safety to International standards. The T1N is the first vehicle in this category in the country offering crash and rollover compliance with airbags for driver and co-driver even though current Indian legislation does not mandate them. In addition, T1N comes with large ventilated disc brakes on all four wheels with ABS, EBD, EDTC and ESP offering unmatched safety for its passengers. The T1N has been developed with global aspirations, it is design protected for plying in select