Industry News

The government may have come back with a resounding majority that frees up its arm considerably but there is unlikely to be any let-up in the persistent nudges from the RSS-affiliated Swadeshi Jagran Manch (SJM).

The new Narendra Modi government has just taken charge and the SJM is preparing to write its first letter to the prime minister pointing out the violations of rules by ‘powerful MNCs’ like Monsanto, the slow pace with which the Competition Commission of India (CCI) is allegedly deciding on cases against them and the negligent attitude of the agriculture ministry. While the Manch’s first communication to the new government will go out this week on the CCI and Bt Cotton issue, a bigger agenda is being set. ET has learnt that next on SJM’s target is the strategic disinvestment plan for Air India and the increasing tendency of government departments to deploy big foreign consultants.

Both are issues that the Manch is preparing to take up strongly with the government at all levels over the next few months. The SJM is already using social media to alert the government and its new ministers against the alleged ‘business’ rather than philanthropic interests of top global charities in India, deep discounts by Amazon and Flipkart hurting Indian e-commerce start ups and US ‘bullying’ the new government through withdrawal of special trade status.

Source –
https://health.economictimes.indiatimes.com/

New York: Unsupportive parenting styles may have several negative health implications for children including premature ageing and higher disease risk later in life, says a study.

The research found that the telomeres — protective caps on the ends of the strands of DNA — of participants who considered their mothers’ parenting style as “cold” were on average 25 per cent smaller compared to those who reported having a mother whose parenting style they considered “warm”.

The research has found that early-life stress is associated with shorter telomeres, a measurable biomarker of accelerated cellular ageing and increased disease risk later in life.

“Telomeres have been called a genetic clock, but we now know that as early life stress increases, telomeres shorten and the risk of a host of diseases increases, as well as premature death,” said lead author of the study Raymond Knutsen, Associate Professor at Loma Linda University School of Public Health in the US.

“We know that each time a cell divides, the telomeres shorten, which shortens its lifespan,” Knutsen added.

Interestingly, mutations in genes maintaining telomeres cause a group of rare diseases resembling premature ageing. 

“However, we know that some cells in the body produce an enzyme called telomerase, which can rebuild these telomeres,” Knutsen said.

The study, published in the journal Biological Psychology, used data from 200 participants.

“The way someone is raised seems to tell a story that is intertwined with their genetics,” Knutsen said.

Source – https://health.economictimes.indiatimes.com/

New Delhi, 3 June 2019: Pristyn Care, a healthcare delivery startup, has raised USD 4 million in Series A from Sequoia India. The capital will be used to improve the company’s medical capabilities, invest in technology and expand its team of medical professionals, the company said in a statement. 

“There is a significant need to improve day care procedures in India. Our vision is to transform the future of healthcare by using improved medical techniques, personalised patient care and support that caters to the specialised medical requirements of patients.” Harsimarbir Singh, co-founder of Pristyn Care said.

The company follows an asset light model, leveraging the medical infrastructure of existing partner hospitals and equipping them with state-of-the-art medical equipment. They are also building relevant technology to drive efficiency and scalability in their operations. 

Sequoia India is excited to partner with Pristyn Care in their mission to provide high quality healthcare delivery and streamline the patient experience”, said Ashish Agrawal, Principal, Sequoia Capital India Advisors. “Their community of medical professionals, coupled with their asset light model, should help them scale with strong economics.”

Source – 
https://health.economictimes.indiatimes.com/

District health department has issued a strict directive to doctors at the state government-run hospitals in Bhagalpur, including Jawahar Lal Nehru Medical College and Hospital (JLNMCH), to prescribe medicines in the essential drugs list(EDL) as well as generic medicines which are available only at the hospital outlets. The move is aimed at reducing substantial expenses in healthcare for all and especially for the poor.

A letter to this effect was issued by the state health department on Saturday and the directives are to be enforced from Sunday onwards.

Sources said that fresh directives for prescribing medicines from the outlets in the hospital has been issued in the backdrop of reports that doctors at government hospitals are prescribing branded medicines of big pharmaceutical companies. There have been provisions to set up generic medicine outlets at government-run hospitals in the past and directives were issued to the doctors to prescribe medicines with generic names.

“Generic medicines are almost half the price or even less than the branded medicines. Efficacy of the generic medicines cannot be doubted as they have equivalent chemical composition and are produced by established pharmaceutical companies besides undergoing same tests for its efficacy,” JLNMCH medical superintendent Dr R C Mandal said. He added: “There should be no doubt about the efficacy of generic medicines. Only if there is sufficient reason to prescribe medicines other than in EDL, the doctor has to mention it in the prescription.”

Source – 
https://health.economictimes.indiatimes.com/

Mr Rohit MA is the Co-founder and Managing Director of Cloudnine group of Hospitals – India’s leading maternity, women and child care service hospitals, a role he took over after being Executive Director for 9 years. Part of the founding team of Cloudnine, Rohit has played a crucial role in the establishment and growth of the company.

Mr Rohit did his engineering in Computer Science and went on to work for IT giants such as Intel and SAP. There he got the opportunity to travel across the country and learn the nuances of running large businesses.  

He co-founded Cloudnine in 2006 and expanded operations from a single hospital in South Bangalore to other locations in Bangalore and now a multi-city-chain in Chennai, Gurgaon, Mumbai and Pune. This was possible through his business acumen and attracting investments through marquee private equity investors such as Matrix Partners and Sequoia Capital. Currently, he is responsible for strategy and planning, digital initiative, employee engagement and overseeing the operations of the organisation with the goal of making the company a national level service provider of international quality and repute.

Mr Rohit is a certified corporate director by the Institute of Directors and has previously served on the Confederation of Indian Industries (CII) Panel of Healthcare for Karnataka. Currently, he is a member of Bangalore Chamber of Industries and Commerce. He graduated with an executive MBA from IIM Bengaluru, specializing in Entrepreneurship and has over 15 years of entrepreneurial management experience.

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