Shri V.P.Nandakumar MD & CEO Manappuram Finance Ltd.
Ever since the outbreak of Covid-19 forced authorities to impose lockdowns and other restrictive measures, organizations around the world have been engaged in a race against time to reinvent and transform themselves and become battle-ready for the “new normal.” The new normal is more than just another jargon; it refers to the altered situation in the world today where many of the old ways of doing things have become irrelevant. The organizational changes to adjust and adapt to the changed ground realities (relating to both economic and social aspects) have created a new challenge for business and industry, i.e. how to respond effectively to this new normal.
Earlier, in this magazine’s September issue, I had written at length in general terms about digitisation and virtualisation in the article titled “Virtualisation is the new Industrialisation”. It now follows that I also highlight what challenges we faced in bringing about change in my own organization, and what the long-term benefits offered by these transformations would be like. To start with, I must clarify that we had embarked on the digitization drive even before the pandemic; in fact, I would say that the demonetization exercise of November 2016 was an earlier trigger point that set in motion this trend towards accelerated digitization.
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STRENGTHEN INDIA'S DEBT MARKET TO STRENGTHEN NBFCs
India’s financial markets are still a work-in-progress and there’s a dearth of alternatives to bank funding, especially for the long-term. The solution, therefore, is to deepen India’s bond markets that would free NBFCs from excessive dependence on banks to make the occasional failures like IL&FS less traumatic for the banking and financial system. The development of an active and liquid corporate bond market will greatly help in the transparent and efficient financing of business and industry, especially NBFCs.
SCRIPTING STOCK MARKET SUCCESS STORIES MAVERIXPRO
Investing in the stock market is one of the best ways to achieve one’s financial goals. However, Indians have a strange love-hate relationship with the stock market and just 1.5 percent of our populace invests in equity markets.
RIGHT TO LIBERTY - A RIGHT TOO PRECIOUS
It is now judicially settled that orders passed against the principles of natural justice is a nullity. Despite the existence of these rules, it is quite disconcerting how authorities display their growing hegemony and a totally disregard to the rules. The faith of the citizenry can only be restored if those that execute the law, follow it in its true spirit.
Natural tips to reduce pores on face
Skin is a very sensitive order. Compared to the others, the facial skin is the most sensitive part of the skin. People, thus, are very conscious about their facial skin. They often do not hesitate to go to any extent, if it is for their skin.
IMPORTANCE OF THE STUDY OF MANAGEMENT TODAY
Like any other business, hospitals are also a conglomeration of processes with all the ailments that the processes have. The health report card of any clinic will have to focus on the various symptoms that the hospital exhibits and then take a call on what is the disease profile and then prescribe the various age old panacea from the other industries like optimal queuing models, inventory policies like Just In Time (JIT), Six Sigma, Total Productive Maintenance (TPM), demand forecasting models etc.
For this generation, the ‘Elite’ name has been dropped and it has grown a fair bit in width around 41mm. It is also much stiffer using 40 percent stiffer materials while being 100 kilos lighter than before. It also has a Cd of 0.33, the lowest in its class.
FARMER; FIGHT; FUTURE
India is actually the land of farmers. A significant portion of the country’s population depends solely on agriculture for their livelihood. At present, agriculture is not a lucrative employment option. It clearly implies that a large portion of those who depend on agriculture is in poverty.
Facts about Alzheimer's disease
Adolescence is the age between adulthood and childhood. Teenagers are often confused about their role and are torn between their responsibilities as growing adults and their desires as children.
Children, in order to truly succeed in life, it is essential to have contentment. Contentment is the biggest wealth. If the poorest person in this world has contentment, he is the wealthiest. Without contentment, the richest person is the poorest. So, try to be satisfied with what you have. Nothing external can provide us with lasting satisfaction. But if we can awaken inner contentment, we won’t need anything else.
Are All Your Eggs In One Basket?
To succeed, one must know himself; One must have assessed his/her strengths and weaknesses, pros and cons. Because, in today’s world, if you need to grow, you need to lead.
❝We Expect Growth Of 10-15 Per cent In The Gold Loan Business❞
Bindu A L Executive Vice President and CFO, Manappuram Finance