Thumbay Moideen receivesGlobal Leader' honor at NDTV Gulf Indian Excellence Awards 2016

[email protected] (CD Network)
December 13, 2016

Dubai, Dec 13: To celebrate remarkable contribution in healthcare and education services across UAE, NDTV honored Mr. Thumbay Moideen, the founder president of Thumbay Group the title of “Global Leader” at the Gulf Indian Excellence Awards on Sunday, 11th December 2016. The award was presented at a gala function held at Hyatt Regency, Dubai Creek Heights, attended by leading Indian businessmen and professionals from the Gulf region.

thmby 2

Mr. Moideen was accorded the prestigious recognition for his accomplishments as an Indian entrepreneur in the Gulf region that has pioneered the transformation of education and healthcare business into a multi-disciplinary conglomerate with global presence, operating over 20 brands spread across 18 sectors.

Receiving the award, Mr. Moideen said, “I am humbled to receive this recognition. It is a great feeling when your accomplishments are recognized at global forums. Moreover, this award comes at a time when we are expanding our businesses in India, in a big way.”

Mr. Moideen also led the panel discussion on the topic “Time to Bridge the Gulf,” conducted as part of the awards ceremony. The discussion touched upon the various subjects where the UAE and India share a common interest, and explored ways to convert mutual relations into a strategic partnership. The other participants included Mr. Vicky Kapoor (Associate Editor – Khaleej Times), Mr. Shaji Ul Mulk (Chairman – Mulk Holdings) and Mr. Kulwant Singh (President – IBPC). A second panel discussion led by Dr. B. R. Shetty, Chairman – NMC Group had the topic “Heralding the partnership in a new era.”

Mr. Moideen said that after Thumbay Group's accomplishments in the UAE, the group was expanding to Africa and the Indian subcontinent, with major projects scheduled to be completed within 2022. The launch of Thumbay Hospital, Thumbay Pharmacy, Thumbay Labs and Blends & Brews Coffee Shoppe in Hyderabad earlier this year marked the group's foray into India, and future plans include university campuses and a series of teaching hospitals in the major metros. University and hospital projects are underway in Africa as well, with the first ones expected to become operational soon. Thumbay Group has also opened representative offices in 20 different countries. Elaborating on the group's strategic plans, which includes 15 Thumbay academic hospitals in the next five years, Mr. Thumbay Moideen said, “The Thumbay academic hospital network will have a total of 1000 beds in the UAE, 1500 beds in India and 750 beds elsewhere in the Gulf and Africa, by 2022.”

About Thumbay Group

Founded by Mr. Thumbay Moideen in 1998, Thumbay Group today operates more than 20 brands across 18 different verticals including Education, Healthcare, Medical Research, Diagnostics, Retail Pharmacy, Health Communications, Retail Opticals, Wellness, Nutrition Stores, Hospitality, Real Estate, Publishing, Technology, Media, Events, Medical Tourism, Trading and Marketing & Distribution. Headquartered in Dubai, the group presently employs around 5000 people, which is projected to increase to around 20000 by the year 2022, with the completion of ongoing and upcoming projects. Currently, Thumbay Group is focusing on its strategic long-term plans which will see the group scale its businesses almost ten times and expand its operations globally.

thmby 1

thmby 3

Comments

ABDUSAMAD NANDAR
 - 
Thursday, 15 Dec 2016

masha allah tabarakallh! sir, alf alf mabrouk. with dedication and hardwork you achieved this height. may almighty shower his blessings and insha allah during coming years, we wish you will be included in the list of global business achievers.

Ahmed Bava Valavoor
 - 
Wednesday, 14 Dec 2016

Masha Alla
Congratulation Brother Mr. Moideen Thumbay all the very best may Almighty Allah bless you and all of us.

PROF.M.ABUBAKE…
 - 
Tuesday, 13 Dec 2016

Congratulations Sir. May Almighty Allah keep you rewarded for your best work. ameen May Almighty Allah give you and your family members strength and long life to do the services forever. ameen.

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 1,2020

Bengaluru, May 1: Chief Minister BS Yediyurappa on the occasion of International Labour Day has appealed to migrant workers in the state to stay back and co-operate with it in resuming economic activities once the Central government issues further directions.

"It is my sincere request to all the migrant workers to stay back in the state and co-operate with us to resume the economic activities once we receive directions from Union Government," Yediyurappa said in a release issued by the CMO.

"COVID-19 situation in India is much better than other countries because of people's cooperation.

We intend to resume economic activities soon. The government has already held a meeting with representatives of associations of commerce and industry in this regard. The government has also appealed to the employers to protect the interest of their workers and pay salaries," he added.

The ongoing nationwide lockdown, imposed to contain the coronavirus spread, is scheduled to end on May 3.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 9,2020

New Delhi, May 9: The Finance Ministry on Friday announced relief to those who have been facing difficulty with their residency status in India under section 6 of the Income-tax Act due to lockdown and suspension of international flights owing to COIVD-19 outbreak, as they have had to prolong their stay in India.

According to a Central Board of Direct Taxes (CBDT) release, Finance Minister Nirmala Sitharaman today allowed discounting of prolonged stay period in India for the purpose of determining residency status after considering various representations received from people who had to prolong their stay in India due to lockdown and suspension of international flights.

They expressed concern that they will be required to file tax returns as Indian residents and not as NRIs after 120 days of stay.

The Finance Ministry stated that the lockdown continues during the financial year 2020-21 and it is not yet clear when international flight operations would resume, a circular excluding the period of stay of these individuals up to the date of resumption of international flight operations shall be issued for determination of the residential status for the financial year 2020-21.

A circular also said that in order to avoid genuine hardship in such cases, the CBDT has decided that for the purposes of determining the residential status under section 6 of the Act during the previous year 2019-20 in respect of an individual who has come to India on a visit before March 22, 2020 and:

(a) has been unable to leave India on or before March 31, 2020, his period of stay in India from March 22, 2020 to March 31, 2020 shall not be taken into account; or

(b) has been quarantined in India on account of novel coronavirus (Covid-19) on or after March 1, 2020 and has departed on an evacuation flight on or before March 31, 2020 or has been unable to leave India on or before March 31, 2020, his period of stay from the beginning of his quarantine to his date of departure or March 31, 2020, as the case may be, shall not be taken into account; or

(c) has departed on an evacuation flight on or before March 31, 2020, his period of stay in India from March 22, 2020 to his date of departure shall not be taken into account."

The release said there are number of individuals who had come on a visit to India during the previous year 2019-20 for a particular duration and intended to leave India before the end of the previous year for maintaining their status as non-resident or not ordinary resident in India.

"However, due to declaration of the lockdown and suspension of international flights owing to outbreak of COVID-19, they are required to prolong their stay in India. The status of an individual whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the person is in India during a year," it said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
June 13,2020

Mangaluru, June 13: Commending the Karnataka government move to ban the online classes for children up to Standard 5, Mangaluru MLA U T Khader has demanded to impose ban on all education apps that offer online coaching to school children.

"I welcome the government’s decision of banning online classes up to class 5. I would like to know why education apps of corporate companies are allowed to continue when schools are banned to conduct online classes. Why the government could not ban those education apps that offer online classes?” the former minister questioned.

He warned that private schools in the state may commence their online classes through such apps of corporate companies if the present situation continues.

Not all parents in the state can afford buying smart phones required for online classes, he said. "Only 30% of the school children in the state have access to smart phones. Most of the parents cannot afford to buy smart phones for their children. Government should take into consideration the mental stress of academically brilliant children among poor families. Those children may go under depression when they do not have access to online classes. The government can cancel some of the schemes like distribution of bicycles and reserve such funds to find solutions to the problems poor children face at present,” Khader said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.