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.

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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.

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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.

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''In Dr TMA Pai Hospital a 100-bed COVID hospital has been set up and a 150-bed SDM hospital in Udyavara is ready to use as isolation facilities,'' he added.

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News Network
April 19,2020

Bengaluru, Apr 19:  Karnataka's Technical Education department following Union Home Ministry’s guidelines, on Sunday directed all its colleges not to use the Zoom application to conduct online classes during the ongoing lockdown period.

Considering Union Home Ministry's advisory that Zoom app is not safe, the department has taken the decision and issued a circular asking all government, aided and unaided engineering, polytechnic (Diploma) colleges to stop using the app immediately.

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News Network
January 14,2020

Bengaluru, Jan 14: Assuring depositors that their money was "100 per cent safe" with the bank, Sri Guru Raghavendra Sahakara Bank Chairman K Ramakrishna in Bengaluru on Monday said 62 loans had locked up Rs 300 crore of deposit.

"Your money is 100 per cent safe with Sri Guru Raghavendra Sahakara Bank. It's my responsibility," Ramakrishna said at Sri Guru Narasimha Kalyanamandira auditorium, to assure depositors.

He was addressing angry customers of the bank at a public hearing. Due to the 62 dud loans, the Reserve Bank of India (RBI) had restricted the lender from executing business, Ramakrishna said amid shouting by depositors. The RBI has limited withdrawals by depositors to Rs 35,000.

"The bank is saying I can't withdraw more than Rs 35,000. In case of our fixed deposit maturing, we will have to renew it as we can't encash it, " said Nagaraj M, 49, who has been dealing with the bank for the past six years.

To assuage customers, the call to an assistant commissioner of police by Bengaluru South MP Tejaswi Surya -- not present -- was relayed on loudspeaker live and the MP claimed that he had spoken to Finance Minister Nirmala Sitharaman to help the customers.

Ramakrishna said he would meet customers again on January 19 with all the details and numbers. Dramatic scenes and pandemonium ruled the auditorium before his arrival. Thousands of bank customers threatened to go en masse to the police station and file a case against Ramakrishna.

As he addressed the gathering in Kannada, hundreds of depositors shouted back at him seeking clarifications. At the auditorium, thousands of depositors earlier demanded the bank chairman's presence to clarify the matter.

The lender had invited depositors to the auditorium at 6 p.m. to update them on the bank's status, following a RBI directive restricting the bank from doing business with immediate effect.

"We want the bank's directors here," shouted a depositor from the stage. A handful of policemen were trying to control the crowd and bring order to the assembly. Many elderly and retired persons had arrived to know the fate of their savings. Several women were also present at the meeting.

"It was a good bank with only 0.5 per cent NPAs. Now we can't trust any bank. See what happened with the PMC Bank," said another customer.

Shankar Sharma, 38, an employee of a private company, said majority of depositors were senior citizens and retirees. "I don't have an account with the bank, but my mother, uncle, aunt have deposited money in it. I came for them, " said Sharma. He said many of the bank's 35,000 clientele deposited more than Rs 5 lakh, which had total deposits of Rs 1,600 crore. The bank started operations in 1999.

Ramakrishna was escorted away to safety by the police after his speech even as the depositors were screaming and agitating for justice.

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