We the doctors across Karnataka both in Private and Government are responding to the Covid 19 health crisis-trying to protect individuals, families and communities in adverse situations with stretched resources, shortage of other equipment’s and medications, have found ourselves as unexpected targets in the fight gainst COVID-19.
Beyond the physical danger in the form of violence we also face the crisis into cruel routines of helplessness, making decisions day after day that could determine whether a patient lives or dies.
We are all working amid an inadequate and deeply unequal medical system and we are also facing intimidation and violence, with videos circulating of angry family members thrashing medical staff in hos pital halls covered in blood, or local strongmen bullying and scolding them.
All of us know that we have lost huge number of doctors in both first and second wave. Most of the senior doctors with co morbidities are working with PPE kits in-spite of the restrictions and serving in whatever the way they can. At this crucial time, we are coming across so many attacks on doctors in various places. Many doctors are working in turns as they are on shifts in Covid wards and ICU’s to avoid getting infected themselves. Even many of them are treating their own family members and relatives with Covid infections in many parts of our State.
It is disheartening to note that many comments and attacks on allopathy doctors are happening on daily basis all over India including our doctors in Karnataka State. We know that Government of Karnataka have given instructions all the heads of the health care institutions to report to the concerned authorities for suitable actions in case of untoward incidences.
We are observing that the physical, verbal attacks are increasing day by day targeting and challenging in these tough times. Many of the medical professionals in Karnataka are of the opinion that the actions of doctors have been taken for a ride as general news and without knowing the ground reality or situation. All of us know that doctors are not machines or an angels to work on 24X7.
The doctor-patient relationship involves vulnerability and trust. It is one of the most moving and meaningful experiences shared by human beings. The offending words used on doctors in local languages like “blood suckers”, “Money suckers’, “medical ghosts”, ” “robbers”, “looters” are heard repeatedly in media including some TV channels will definitely demoralize the honestly working doctors and definitely affect patient care & communication.
The recent media news published in the reputed TV channel on the issue of KIMS will definitely affect trust of the public on the institution and hence we request all the media people to inform the appropriate authorities if they come across any misappropriate issues to know the ground reality before taking them to the media as it will definitely ruin the patients trust.
We hope these kind of media news will be stopped in future with immediate effect.
• Well-equipped ICU for COVID-19 patients in Bowring Hospital handed over to State Government • 200 oxygen concentrators, N95 respirators, and PPE kits donated for distribution across Karnataka
BENGALURU, June 11, 2021– Honeywell today announced that it has established a critical care center at Bowring Hospital to treat COVID-19 patients in the city. The company has also donated essential medical supplies including oxygen concentrators, N95 respirators and personal protective equipment (PPE) for hospitals in the state of Karnataka.
The 10-bed ICU center at Bowring Hospital in Shivaji Nagar features necessary equipment to support critical COVID-19 patients. These include Class I ventilators, Fowler beds, BiPAP machines, multipara monitors with and without capnometers, a portable X-ray machine, an ECG machine, an infusion pump, and a laryngoscope set. Additionally, Honeywell is providing N95 respirators and kits to the center.
The company has also handed over 200 oxygen concentrators, N95 respirators, and PPE kits to the State Government for distribution across Karnataka.
“It is heartening to see companies like Honeywell stepping forward to augment health infrastructure in the city,” said Dr. C.N. Ashwathnarayan, Deputy Chief Minister, Karnataka. “This ICU facility will not only serve citizens during the pandemic, but also encourage more such social investments by the private sector,” he added.
“We are thankful to Honeywell for establishing a critical care center for COVID patients in Bengaluru. This is an excellent example of a public-private partnership to enhance healthcare capacities to deal with the pandemic,” said Uma Mahadevan, Principal Secretary PR & Member, Committee to Coordinate with CSOs, NGOs, Private Sectors and International Organisations on COVID Response, Government of Karnataka. “Honeywell is committed to helping the country deal with this humanitarian crisis and has pledged $3M since the start of the pandemic for COVID relief,” said Dr. Akshay Bellare, President, Honeywell India.
“We are partnering with state and local governments to enhance healthcare capacities across multiple states, including setting up COVID care centers and critical care centers. We are also donating essential medical supplies such as oxygen concentrators, ventilators, N95 respirators, and PPE kits,” he added.
In the first phase, Honeywell established 20-bed COVID care centers in Delhi, Pune, Gurugram, Nainital. These centers will be run by the respective local and state governments and are equipped with beds, oxygen supply, PPE kits, medical consumables, and basic medical infrastructure to treat non-critical patients. Another 10-bed ICU facility, similar to the one in Bengaluru, is planned in Mumbai.
– Conceptualized & developed by Virender Sehwag & Sanjay Bangar the website aims to revolutionize cricket learning experience
– The AI based website will offer first of kind customized & personalized coaching experience & access to expert advice from noted players of the game
-Users will also get to learn mental fitness & toughness from celebrated players self-experiences
Bengaluru, 9th June 2021 : India’s star cricketer Virender Sehwag launched CRICURU – India’s first experiential learning website aimed at redefining the cricket coaching experience in the country.
CRICURU is a pioneer in AI based cricket coaching in the country aimed at offering a personalized learning experience for its users. The curriculum for each player has been developed personally by Mr. Virender Sehwag along with Mr. Sanjay Bangar, former Indian Player and Batting Coach of the Indian Cricket team (2015-19).
With international cricket attaining new heights in terms of technology led innovation there was a need that India too joins the bandwagon to offer a similar experience for aspiring cricketers in the country.
Sharing his views on the launch of CRICURU, Mr. Virender Sehwag, Founder, CRICURU, said, “At CRICURU our aim is to develop an ecosystem to democratize cricket learning in India and bridge the existing gaps. Our curriculum is designed meticulously giving access to coaching experts from across the globe to offer an uninterrupted coaching experience for aspiring cricketers at par with international standards of cricket.”
Additionally he added, “CRICURU also gives parents an opportunity to become partners with their children as they work towards attaining the required skill set for a professional career in cricket.”
CRICURU is India’s first AI enabled website designed to help youngsters learn playing cricket through master classes of 30 handpicked player coaches from across the globe with about four hours of curated video content with each coach, where learning is evaluated using customized AI led technology. It is the only experiential learning website that brings learning alive through immersive videos, interactive augmented reality and engaging simulations.
Mr. Sanjay Bangar, Co – Founder, CRICURU added, “The vision behind CRICURU is to offer access to cricket coaching for people living anywhere across the country, even Tier 2 and 3 cities which can be easily accessed from the comfort of your homes. With smartphone and internet penetration on the rise this just makes it more accessible for aspiring enthusiasts.”
CRICURU is a combination of demonstrations and interviews where your CRICURU shares his experience and learning with you. Each class includes extensive pre-recorded video content and the videos can be paused, fast-forwarded, and re-watched as many times as you would like. CRICURU is available on both iOS and Android devices and users can log on to www.cricuru.com to subscribe for a duration of 1 year. The subscription fees starts from Rs 299 for a duration of 1 year.
Key features of CRICURU
1. 34 handpicked player coaches from across the globe – AB de Villiers, Brett Lee,Brian Lara, Chris Gayle, Dwayne Bravo, Harbhajan Singh, Jonty Rhodes etc
2. Customized AI led technology to evaluate users batting objectively and rate their performance on an ongoing basis to show how is the progress
3. Each user gets a score against the MCC coaching manual
4. Personalized learning experience for every user
5. Knowledge driven initiative which is powered by some of the best-known cricket legends
6. Users get a firsthand experience from celebrated players as to how they navigated success, failure & fame
Prabha Khaitan Foundation presents The Kitaab Series with Jeffrey Archer and his Book launch, Turn a Blind Eye on 12th June.
Turn a Blind Eye is the third installment in the gripping story of Detective Inspector William Warwick, by master storyteller Jeffrey Archer, #1 New York Times bestselling author of the Clifton Chronicles.
Jeffrey Archer, whose novels and short stories include the Clifton Chronicles, Kane and Abel and Cat O’Nine Tales, has topped the bestseller lists around the world, with sales of over 275 million copies, He is the only author ever to have been a number one bestseller in fiction, short stories and non-fiction (The Prison Diaries). A member of the House of Lords for over a quarter of a century, the author is married to Dame Mary Archer, and thy have two sons, two grandsons and a granddaughter.
Prabha Khaitan Foundation is dedicated to all round development of social, cultural, welfare and humanitarian aspects of Indian society. It is a non-profit trust founded by Late Dr Prabha Khaitan – an eminent litterateur, philanthropist, social worker, and industrialist. Based in Kolkata, the organization promotes art, culture and literature of India and is engaged in many welfare activities with its associates for children, women and the elderly. The organization collaborates with caregivers, committed individuals and like-minded institutions to implement various cultural, educational, literary and social welfare projects in the country. The objective of the foundation is to create an enabling structure and promote networking so that communities engage with each other to build up positive self-esteem, inspire creativity and promote culture & knowledge.
Price Band of Rs. 285 – Rs. 291 per equity share of face value of Rs. 10 each (“Equity Shares”) Bid/Offer Opening Date – Monday, June 14, 2021 and Bid/Offer Closing Date – Wednesday, June 16, 2021 Minimum Bid Lot is 51 equity shares and in multiples of 51 equity shares thereafter The Floor Price is 28.50 times the face value of the Equity Shares and the Cap Price is 29.10 times the Face Value of the Equity Shares
Risks to Investors : • The five Book Running Lead Managers associated with the Offer have handled 23 public offers in the past three financial years out of which 8 offers closed below the offer price on listing date.• The Price/Earnings ratio based on diluted EPS for Fiscal 2021 for the Company at the upper end of the Price band is as high as 77.60 as compared to the average industry peer group PE ratio of 73.08 (excluding PE ratio of one industry outlier).• Weighted Average Return on Net Worth for Fiscals 2021, 2020 and 2019 is 35.0%.• Average Cost of acquisition of Equity Shares for the Selling Shareholder namely Singapore VII Topco III Pte. Ltd. Is ₹ 32.34 and the Offer Price at the upper end of the Price Band is ₹ 291 per Equity Share.
Bangalore, June 9, 2021: Sona BLW Precision Forgings Limited, one of India’s leading automotive technology companies, is primarily engaged in designing, manufacturing and supplying highly engineered, mission critical automotive systems and components to automotive OEMs. The bid/offer period in relation to its initial public offering of Equity Shares (the “Offer”) will open on Monday, June 14, 2021 and close on Wednesday, June 16, 2021. The price band for the Offer has been determined at Rs. 285 – Rs. 291 per Equity Share. The Company and the Selling Shareholder have, in consultation with the book running lead managers to the Offer (the “BRLMs”), considered participation by Anchor Investors, which participation shall be one Working Day prior to the bid/offer opening Date, i.e. Friday, June 11, 2021.
The total Offer size is up to Rs. 5,550 crores with a fresh issuance of equity shares, aggregating up to Rs.300 crores and an offer for sale of equity shares aggregating up to Rs. 5,250 crores, by the Selling Shareholder, namely, Singapore VII Topco III Pte. Ltd. The Company intends to utilize the proceeds from the fresh issue to repay/prepay approximately Rs. 241.12 crores of its identified borrowings, besides general corporate purposes.
The company is a leading supplier to the fast-growing global Electric Vehicle (EV) markets and derived 13.8% revenue from the Battery EV market and 26.7% from the Micro Hybrid / Hybrid market in FY21. Its global market share of BEV differential assemblies in calendar year 2020 was 8.7%. The company is among the top ten players globally in the differential bevel gear market and in the starter motor market on the basis of respective volumes supplied to its end segments in calendar year 2020 and has been gaining global market share across products. According to the Ricardo Report, it serves 6 of the top 10 global PV OEMs, 3 out of top 10 global CV OEMs and 7 out of top 8 global tractor OEMs by volumes. The company has strong R&D, engineering and technological capabilities in precision forging, mechanical and electrical systems, as well as base and application software development. It is diversified across geographies, products, vehicle segments and customers. According to the Crisil Report, the company has the highest operating EBITDA margin, PAT margin, ROCE and ROE in FY20 as compared to top 10 listed auto component manufacturers in India by market capitalization and has consistently delivered more than 26% EBITDA margin and more than 35% average ROE each year over FY19-21. Its operating income growth over FY16-20 has exceeded the average of the same peer set.
The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended, read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made in accordance with Regulation 6(2) of the SEBI ICDR Regulations, through the Book Building Process wherein not less than 75% of the Offer shall be available for allocation to qualified institutional buyers, not more than 15% of the Offer shall be available for allocation to non-institutional bidders and not more than 10% of the Offer shall be available for allocation to retail individual bidders.
Kotak Mahindra Capital Company Limited, Credit Suisse Securities (India) Private Limited, JM Financial Limited, J.P. Morgan India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited are the BRLMs to the Offer.
All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the Red Herring Prospectus dated June 7, 2021 (“RHP”) filed with the Registrar of Companies, NCT of Delhi and Haryana at New Delhi (“RoC”). Disclaimers SONA BLW PRECISION FORGINGS LIMITED is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public issue of its Equity Shares and has filed the RHP with the RoC and thereafter with Securities and Exchange Board of India (“SEBI”) and the Stock Exchanges. The RHP shall be available on the website of the SEBI at http://www.sebi.gov.in as well as on the websites of the book running lead managers, Kotak Mahindra Capital Company Limited, Credit Suisse Securities (India) Private Limited, JM Financial Limited, J.P. Morgan India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited at http://www.investmentbank.kotak.com, http://www.credit-suisse.com/in/en/investment-banking-apac/investment-banking-inindia/ipo.html, http://www.jmfl.com, http://www.jpmipl.com and http://www.nomuraholdings.com/company/group/asia/india/index.html, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see “Risk Factors” beginning on page 26 of the RHP. The Equity Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and, unless so registered, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and in compliance with the applicable state securities laws. Accordingly, the Equity Shares are being offered and sold (a) in the United States only to “qualified institutional buyers” (as defined in Rule 144Aunder the U.S. Securities Act) in transactions exempt from, or not subject to, the registration requirements of the U.S. Securities Act and (b) outside the United States in offshore transactions as defined in and in compliance with Regulation S and the applicable laws of the jurisdiction where those offers and sales are made. There will be no public offering in the United States.
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