Thursday, 20 April 2017

We have the right to information?

Information is sellable in form of reports for business purposes.  Government introduced Right to information act to provide information useful for individual clarifications.  The reason may be a discussable or yet to thinkable area.

Right to information in India came into force on 12 October 2005.  This initiative started from the Freedom of Information Bill in Parliament, in 2002.  Citizens have the right to get information from government authority within 30 days.  Technology enhances this act and supports the government to equalize the documents.  Official Secrets Acts (1923) restricted the information disclosure before this act came into force.

RTI is governed by Central Information Commission and State Public Information Officers. Digital governance is also one of the main progresses for this system.  Application, fees in form of DD or cheque are the basic requirements. Misleading information will lead to penalty.  Jammu and Kashmir is the exemption for this act.

RTI started in Sweden (1766) then followed by Norway, US, Netherland, Australia and in 2010 more than 85 countries enjoying the gratitude.  Mexico fixed a standard example and reference for this act.

UPA government made the progressive for RTI.   Every government says error on other government policies.  This act is also not an exemption.  Practically Implementation is the problem and “Confidential” is the word used for most of the replies or answers.  Some small percentage information which is attractive only published in media.  This act needs to break the formality and come from the document grade.

Friday, 14 April 2017

New business models in Medical treatment-values or revenues?

Bringing medical specialties in one umbrella is a business model.  Organizations act as a platform provide infrastructure, marketing to bring patients and connect specialized treatment, consultations with specific doctors even in non-urban areas.  This is a different model nowadays adopted rather than hospital model.   But business, revenue alone calculated rather than values.  This business models will benefit corporate, hospital and develop new jobs.  Whether there is a doubt it may benefit people or in terms of business we call them as consumers or clients.  Each services are covered as packages, will impress the people who need of cure. 

Profits, acquiring clients are concentrated in these industry is very disturbing dilemma.  Old treatments are renewing into new brands like Ayurveda, homeopathy and Kerala treatments. 
In October 2015, India's medical tourism sector was estimated to be worth US$3 billion.  Maharashtra, Tamil Nadu and Delhi are top destinations for foreign visitors.  Medical tourism is a good concept and business model which targets foreign business and their cures.  But medical here concentrates on revenues rather than cure and healthy survival.

Medical shops are franchising their brands.  They have customer points for every purchase and they worried about our monthly visits.  Rates are differing for each brands. In business aspect, this is not a good economic progress for the industry business outcome only thing concentrated values, curability of diseases also to be considered towards a proper beneficial growth.

Wednesday, 18 January 2017

Jallikattu-Emotion, Politics, Business

Younger generation are emotional due to social media and their inter thoughts.  Social media play vital role in this issue.  Similar role like newspapers played during independence struggle, medium, technology is different but ideology not differ in any era.  Protest against jallikattu is not legally affecting those people.  Protest is everyone right to sensitive happenings.  Politics need space to gain public power.  But they are the victim for each activity evolving around Jallikattu.  People aware of their political moves in jallikattu ban.

Business is surely evolving around Jallikattu.  Some point of view intimates foreign countries have a part towards blocking the jallikattu. Preventing this sport will indirectly benefit the other types of cattle business.  This is proved from omitting our country based dogs, chickens which nowadays brought imported dogs, chicken breeds and new diseases also.  Medicines are marketed to cure, this may be a chain.  Thinking of this cycle will give many surprises.   A2 milk is from our livestock (Indian breeds), A1 milk is from European breeds, milk market sustaining also a thinkable fact for this ban.

But anything may be a fact.  Our youth has only jallikattu in their mind because their aware of their culture, and birth identities.  Every issue will have otherside aspects of politics, business and emotion.  One aspect will benefit personal values, wealth and also affect others inter values.

Peta is an organization from US which is getting more negative feedbacks for its attitude towards this ban. Destroying livestock and imported machineries for agriculture are the points raised among us to question the peta and government.  Unanswered questions are with us but we are steadily folded by strong emotion ideology that is called Jallikattu.

Friday, 30 December 2016

Cashless transaction or transformation

Demonetisation may have positive and negative aspects.  General opinion is, it has practical problems in implementation and middle town business is affected.  Though, government targets for right cause, since implementing this, caught with problems.  In other political views, it suppresses people’s innocence and motivates corporates.  Both side debates are on the way in media.

Initially, Cashless transactions need proper medium.  This would not encourage or develop a business by grapping service tax.  Before fully enveloped in cashless, certain factors to be considered like end-user capability, technology reach out and usage.  A wallet alone is not a solution to cashless economy. 

Transformation is an important aspect needed in an economy.  Goods exchange converted into money exchange, now it is the time for cashless, though it has been proved in developed nations.  But transformation will have problems; it is the responsibility of governance to take essential steps to cover the consequences.  Transformations will happen in all the materials.  Now it is the time for cash.

Wednesday, 14 December 2016

Online comes to Physical stores

            Ecommerce arrival spread online purchase will catch out the market.  Present situation proves retail will sustain the business cloud.  Online players come to offline also. Players like lenskart, firstcry opened their physical stores across many cities.  They believe virtual presence is important to customers.  Firstcry has more than 100 franchisees and lenskart spread over 25 stores. 
     Virtual try rooms would not provide the satisfaction like touching the products before buying. Moreover niche markets like furniture, baby products and jewelry concentrating on physical stores.  Online stores getting revenues in this platform insisted to concentrate in other side also to  capture the space.  Happiest thing to note is retail business is strong enough whatever competition  comes from other platforms.

Sunday, 18 September 2016

Reliance Communication and Jio are different

Reliance Communication (RCom) is a separate brand from Anil Ambani.  Jio is a brand from Mukesh ambani.  Both are from reliance umbrella.  After partition of their properties, they started their individual journeys. Before some week when they launched Jio many of us as this confusion.  We approached reliance stores for sim and unfortunately they said to approach Jio stores. This is the occurrence for this article.  Anil ambani plays in finance, telecom, but Mukesh has different sectors like manufacturing and  industrial products.

Mukesh not mentioned reliance in Jio website and its label.  This proves he tries to bring own brand in telecom.  His announcement in investor meeting created a hope.  Though it has many controversies, we need to understand one thing, this is a product and he is doing business.  But it takes time to decide this brand whether reach targeted consumers.

Velumani, Journey of a Scientist to Entrepreneur

A.Velumani is the MD and CEO of Thyrocare Technologies Limited.  He started  his life from a  farmer family.  Velumani marked his signature in healthcare sector.  He started this company with 2 lakhs.  Now it is a 3,300 crores company with IPO as equipped strength.  He is an inspiration for healthcare based entrepreneurs.  Though we know many stories about e-commerce startup heroes and family business icons.  He is different by throwing his Baba atomic research Centre job, started his entrepreneurship journey. 

Beginning of his career, he struggled to get job because lacking of English skill.   He believes in knowledge of candidate rather than language skill.  This is the reason he gives more preference to fresh candidates in his concern.  Presently thyrocare has a network of more than 700 franchises that conduct more than 20,000 investigations daily.  But its laboratory locates in Navi Mumbai.  This confidence and ideology brought success in this industry.   It conducts medical diagnostic investigations to detect various disorders, including thyroid disorders, growth disorders, metabolism disorders, infertility, and various infectious diseases.

He holds graduation in Science from the University of Madras and post-graduation in Science from the University of Bombay.  He also holds a doctorate in philosophy (science) from the University of Bombay.