Medtronic and SWIZTON Medcare Collaborate to Establish Their First Vein Clinic

July 29, 2024,Mumbai, Maharashtra, Bengaluru, Karnataka, India : India Medtronic Private Limited, a wholly-owned subsidiary of Medtronic plc, and SWIZTON Medcare (an initiative of 98 Farenheit Pvt. Ltd. subsidiaries), a healthcare services provider, have joined hands to inaugurate vein clinics, aiming to offer advanced varicose vein treatments in partnership with leading hospitals. The signing ceremony for this milestone collaboration took place at Aveksha Hospital in Singapura, Bengaluru. It also happens to be this partnership’s first vein clinic.

It is estimated that about 20% of all adults will get varicose veins at some point in their lives. Recognizing the pressing need for accessible and effective treatments, Medtronic and SWIZTON Medcare are committed to democratizing healthcare by making specialized vein treatments available to a wider population.

Under this partnership, Medtronic will provide innovative varicose vein treatment solutions, along with training and education for healthcare professionals and patient education and awareness initiatives, to enhance patient outcomes. SWIZTON Medcare will leverage its expertise in healthcare services to deliver varicose vein-related therapies, ensuring holistic patient care and promoting awareness among the public about treatment modalities.

This partnership will empower individuals seeking relief from varicose veins. Equipped with advanced treatments such as adhesive treatment and radiofrequency ablation (RFA) from Medtronic, as well as sclerotherapy, the clinic is poised to deliver comprehensive care at an affordable cost.

Present at the inauguration were Mandeep Singh, Managing Director and Vice President, Medtronic India, Dr. Tahsin Neduvanchery and Dr. Rahul Deep from SWIZTON Medcare.

Commenting on the partnership, Mandeep Singh, Managing Director and Vice President, Medtronic India, said, “With the opening of the first partnered vein clinic and many more partner vein clinics in the future, we are committed to our mission to deliver accessible healthcare solutions. By collaborating with SWIZTON Medcare, we are not only establishing clinics but also initiating a patient care pathway that will support our patients with prompt access to advanced varicose vein treatment.”

Dr. Tahsin Neduvanchery, a renowned expert in varicose vein treatments associated with SWIZTON Medcare, said, “The rise of minimally invasive treatment options is revolutionizing the way varicose veins are managed. With fewer risks, less pain, and faster recovery times, these options are empowering patients to take control of their vascular health and improve their quality of life. The establishment of vein clinics with advanced treatment options would improve accessibility to prompt care.”

Dr. Rahul Deep, another specialist from SWIZTON Medcare, expressed optimism about the collaboration’s impact on patient care, stating, “By combining innovative adhesive and radiofrequency ablation technologies from Medtronic with our healthcare services, we are poised to make a meaningful difference in the lives of individuals suffering from varicose veins. Together, we will strive to enhance awareness and accessibility to ensure better outcomes for all.”

Through these collaborative efforts, both entities are dedicated to addressing the growing need for specialized vein treatments while empowering patients with knowledge and options for better health.

NIIT IFBI Announces ACE Banker Program in Collaboration with HDFC Bank

July 29, 2024, New Delhi, Delhi, India : NIIT Institute of Finance, Banking and Insurance (NIIT IFBI), a subsidiary of NIIT, today announced the launch of the “ACE Banker Program” in collaboration with HDFC Bank, India’s largest private sector bank. A key component of NIIT’s Talent Pipeline as a Service (TPaaS) initiative, this programme aims to recruit and train customer service professionals for HDFC Bank.

The ACE Banker Program is designed to address the evolving needs of the banking sector by equipping participants with the essential skills and knowledge required to excel in customer service roles at HDFC Bank. This comprehensive full-time program includes 45 days of residential training at NIIT University’s Campus. Upon completion of the course, candidates will receive a joint certificate from HDFC Bank and NIIT Limited and would be offered jobs, subject to the terms and conditions of the Program.

Pankaj Jathar, Chief Executive Officer, NIIT Ltd., said, “At NIIT, we are dedicated to fostering skilled human capital and enriching the talent ecosystem to meet the evolving demands of the business landscape. Our strategic collaboration with HDFC Bank for the ACE Banker Program will not only address the talent needs of HDFC Bank but also unlock new employment opportunities for aspiring individuals and will contribute to the banking industry’s talent pool.”

Vinay Razdan, CHRO, HDFC Bank said, “The ACE Banker Program is a positive step that will further help add to and nurture high-caliber talent in customer service. This initiative seeks to establish a robust talent pool in the customer experience domain, offering substantial career opportunities to young professionals eager to join the banking sector.”

Hero FinCorp Exclusive Offer Alert

July 29, 2024, New Delhi, Delhi, India : Hero FinCorp Personal Loans are extremely popular among Indian consumers. Thanks to their instant loan amount of up to Rs 5 Lakh, competitive interest rates and flexible repayment terms of up to 36 months. To make borrowing instant loans more rewarding, Hero FinCorp is now offering a Rs 500 Amazon voucher on approval of Personal Loan finance online. So whenever you apply for a Personal Loan and it gets approved, you get a Rs 500 voucher as a bonus to shop at Amazon.

What You Can Use the Voucher for

The Rs 500 Amazon voucher is a nice perk to look forward to. Amazon is an all-inclusive online store where you can find almost everything you need. You can use the voucher for various things at Amazon, including the following:

Buy yourself a travel bag or an outfit if planning for a trip this summer.
Spend the voucher on a decor item to enhance the beauty of your home.
Purchase the necessary study material or stationery items for yourself or your kids.
Order a fancy wallet, cosmetics, or artificial jewellery for your next vacation.
Buy health equipment or medical supplies for the needs of your family.

Like a Personal Loan, the Amazon voucher imposes no end-use restrictions. So, you can purchase anything within Rs 500 on Amazon.

How to Avail of the Amazon Voucher

To obtain the Rs 500 Amazon voucher, you must get approval for a Personal Loan at the Hero FinCorp instant loan app. Here are the conditions you must fulfil:

Age: 21 to 58 years
Profession: Salaried or self-employed
Work Experience: Six months for salaried and two years for self-employed
Monthly Income: At least Rs 15,000 per month

Apart from these, you should have a credit score of 750 or above and a low DTI ratio to show a solid repayment capacity. Once you qualify, you must submit the following documents to prove your eligibility For Personal Loan finance online:

Mandatory Documents: Dully filled application form and passport-sized coloured photograph
Identity Proof: Passport, PAN Card, Aadhaar Card, Driving License
Address Proof: Passport, Aadhaar Card, Driving License, Utility Bill, Ration Card

For Salaried Employees:

Home Ownership Proof: Property documents, electricity bills, maintenance bills
Income Proof: Form 16, last six months’ bank account statements of the salary account, previous three months’ salary slips
Job Continuity Proof: Current employer’s appointment letter, previous employer’s experience certificate

For Self-Employed Professionals:

Office Address Proof: Rent agreement, property documents, utility bills, maintenance bill
Income Proof: Last two years’ income tax returns, last six months’ bank statement
Business Existence Proof: Company’s registration certificate, shop establishment proof, copy of tax registration

To apply for an instant Personal Loan, you must download the Hero FinCorp instant loan app, enter a few necessary details, upload scanned copies of the required documents, and wait for the verification process to complete. Once you accept the loan offer, you get disbursal directly into your bank account and an Amazon voucher worth Rs 500, both with no usage restrictions.

So, don’t wait any longer. Grab this limited-period Amazon voucher offer and buy your favourite things.

DBS Bank’s Pivotal Study Reveals Indian Businesses More Focused Than Global Peers on ESG Reporting and Compliance

July 29, 2024, Mumbai, Maharashtra, India : A comprehensive, global study entitled ‘Pivotal: How treasury and finance enable a new era of globalisation’ conducted by DBS Bank in partnership with the Financial Times Longitude reveals the strategic priorities as well as the potential challenges for businesses in a new era of globalisation. Surveying over 570 senior executives from 15 countries1, including India, it offers valuable insights into how financial strategies and diversification efforts are driving growth and innovation.

The research study identifies the top three priorities for Indian businesses over the next two years:

78% will give precedence to securing new skills and talent,
76% will focus on improving productivity and operational performance,
72% are committed to business diversification through innovation, financing, and exploring new market channels.

When examining insights from the subcontinent, it was seen that Indian businesses are more likely than their regional peers to be engaged in ESG reporting and compliance (65% in India, compared with 62% in Singapore, 53% in Hong Kong and 41% in China). This aligns with the increase in stringency and rigour required from mandatory reporting and disclosure norms in the country. Another interesting aspect that emerged was that one of the biggest considerations for Indian companies deciding where to locate their treasury and finance functions was the presence of a diverse talent pool, with 84% of organisations citing it as a critical factor, compared to a global average of 70%. A stable political environment and robust financial ecosystem, aspects that are very reliable in India, also rank high on this list of location influencers, each factor cited by 72% of businesses in India.

Speaking on the launch of this survey, Rajat Verma, Managing Director and Head of Institutional Banking, DBS Bank India said, “Amidst global headwinds, there are emerging opportunities for companies to benefit from the shift towards Asia by harnessing the power of innovation and data-driven decision making. The new DBS study reveals how the role of Treasury has been evolving strategically within this paradigm to drive business results, unlock value and manage risk. As a trusted partner, DBS Bank is committed to leveraging our established regional network and expertise in digitalisation to help companies navigate this path forward.”

A significant finding is that 42% of Indian executives (compared to the global average of 27%) perceive the emergence of new market entrants as a key barrier, hampering business growth. Access to capital (40%), and growing regionalisation and nationalism, (36%), are also fundamental concerns. Despite these challenges, Indian enterprises are actively pursuing global expansion, with treasury and finance departments playing an increasingly central role. These functions are driving decisions, with 92% of treasury and finance teams engaged in corporate strategy and 88% of these teams in Indian businesses closely involved in procurement and supply chain management, vital functions in the current trade landscape.

Divyesh Dalal, Managing Director & Head – Global Transaction Services, SME & Institutional Liability Business, DBS Bank India shared, “The Pivotal 2024 survey indicates that businesses in India are leading their regional peers in ESG reporting and compliance, which corresponds closely to trends we have seen with DBS clients in the country. Treasury and finance teams are going beyond their traditional remit in driving value for the organisations. They are increasingly looking to better leverage emerging technologies like AI & Gen AI to build their core businesses. As companies become more global, the competitive advantage derived from integrating sustainability and digitalisation into operations will be the deciding factor for long-term business success.”

The findings of the DBS Bank study, in partnership with the Financial Times Longitude, point to the fact that companies that embrace the more involved role of their treasury and finance leaders and enable them to adapt to new responsibilities, stand to benefit from a more informed approach to unlocking new opportunities in a dynamic global marketplace.
1Over 85% of respondents were from companies with an annual revenue of over USD 1 billion. The study was conducted by FT Longitude, the specialist thought leadership division of the Financial Times Group.