Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li>92-year-old <keyword id="1860467" type="General" weightage="20" keywordseo="Lachman-Das-Mittal" source="Orion">Lachman Das Mittal</keyword> is <keyword id="3658" type="General" weightage="20" keywordseo="India" source="Orion">India</keyword>’s oldest billionaire with a net worth of $2.5 billion as per Forbes. </li><li>Mittal is the founder and chairman of <keyword id="813" type="General" weightage="80" keywordseo="sonalika" source="Orion">Sonalika</keyword> Group, India's third-largest tractor maker by market share and India’s largest tractor export brand. </li><li>The billionaire is a former LIC employee who holds a master’s degree in arts in English and Urdu languages.</li></ul>The founder of Sonalika Group, 92-year-old Lachman Das Mittal is now India’s oldest billionaire. As per the Forbes 2023 list, 99-year-old <a href="https://www.businessinsider.in/thelife/personalities/news/the-life-and-times-of-keshub-mahindra-indias-oldest-billionaire/slidelist/99428483.cms">Keshub</a> Mahindra, the former chairman of Mahindra &amp; Mahindra group was the oldest billionaire. Unfortunately, Mahindra passed away on April 12. India now has four nonagenarians among the country’s 169 billionaires, as per the list. Mittal is the founder chairman of Sonalika Group, India's third-largest tractor maker by market share. As per <a href="https://www.forbes.com/profile/lachhman-das-mittal/?list=billionaires&amp;sh=3708547e32d5">Forbes</a>, he has a net worth of $2.5 billion. He first entered the Forbes Billionaire list in 2013. <cmsannotation type="cmsannotation" annotationid="After his retirement…" comment="subhead2" text="After his retirement…">After his retirement…</cmsannotation> The 92-year-old started his business a little over three decades ago at the age of 60, after retiring from the state-owned Life Insurance Corporation (LIC) as a deputy zonal manager. The billionaire shows up to the office every day, even after his sons and grandsons look over the company’s operations. “We are not just sitting in some air-conditioned room and running the business…I and my boys know every inch of a tractor,” <a href="https://www.forbesindia.com/article/india-rich-list-2015/lachhman-das-mittal-tractor-master/41355/1">shared </a>the patriarch with Forbes. Born in August 1931 in Hoshiarpur, Mittal’s professional journey started as a LIC agent. After obtaining a Master’s in Arts degree in English and Urdu language from Punjab University, Mittal started working with LIC in 1955. Mittal, who obtained a gold medal during his post-graduation, was diligent at work, gaining knowledge about the different types of investments. Gradually, he started saving to pay off past debts and for securing his future. Though he wasn’t born with money, he managed to save enough to start a side venture in 1969 — building farm machinery under the name Sonalika. Unfortunately, the venture left him bankrupt. In an attempt to offset his losses, he tried to obtain a Maruti dealership but was rejected. <cmsannotation type="cmsannotation" annotationid="Poetry on wheels" comment="subhead2" text="Poetry on wheels">Poetry on wheels</cmsannotation> Undeterred, he forged on. Inspired by Japanese machines that separated hay and wheat, he built threshers, gaining <a href="https://www.news18.com/business/meet-lachhman-das-mittal-who-launched-sonalika-group-at-the-age-of-60-7510003.html">nationwide acclaim </a>for his product in just eight years. After <a href="https://www.forbesindia.com/article/india-rich-list-2015/lachhman-das-mittal-tractor-master/41355/1">retiring from his job in 1990</a>, he spent years writing and reading poetry in classical Urdu and working on Sonalika to build a tractor. The idea to build tractors actually came to him through his customers, who were eager to see a tractor from Sonalika. To carry out the requisite research and study to launch tractors, Mittal needed financing. Consequently, he secured a loan of ₹22 crore from his trusted dealers. Six years after he retired, in 1996, Sonalika Tractors was incorporated. Today, it’s the country’s largest exporter of tractors, associated with more than 14 lakh customers across 140 countries around the world. Mittal, who’s a fan of Bollywood movies and a coin collector, said while recounting his journey with Business Standard, "Once I applied for a dealership of Maruti Udyog but was rejected. Today, I give out dealerships." <cmsannotation type="cmsannotation" annotationid="Building his pot of gold" comment="subhead2" text="Building his pot of gold">Building his pot of gold</cmsannotation> Sonalika, which means ‘lines of gold’ in Hindi, is named after a popular line of wheat seeds that fuelled the Green Revolution in India, leading to greater production. The Sonalika Tractors were definitely Mittal’s pot of gold. Japanese firm Yanmar has a 30% stake in Sonalika Tractors. Today, the brand has an employee strength of over 10,000 and was <a href="https://www.sonalika.com/about-us.html">chosen </a>by the Indian government to contribute towards the Niti-Aayog project to double the farmer’s income in the country. Sonalika has been clocking over 1 lakh tractor sales consistently for six years (FY18 – FY23). It also recorded the highest annual growth of 41.6% in the domestic market during the pandemic (FY21) — significantly higher than the overall industry growth of 26.7%. The company has five manufacturing facilities across the globe, including the <a href="https://www.youtube.com/watch?v=rX-tPTIwVok&amp;ab_channel=ETAuto">world’s largest tractor-manufacturing facility </a>at Hoshiarpur in Punjab. Mittal’s elder son Amrit Sagar is the company’s vice-chairman, while his third son, Deepak is the managing director. Mittal’s second son is a doctor in New York. Interestingly, his daughter, Usha Sangawan, is LIC’s first female managing director. SEE ALSO:

India’s oldest billionaire started his business after retiring from LIC

<ul><li>It seems that Indians are losing interest in using <keyword id="6403406" type="UNKNOWN" weightage="20" keywordseo="coins">coins</keyword> - not only because of their weight but also the move towards cashless transactions. </li><li>Amid an oversupply of coins, <keyword id="6388684" type="UNKNOWN" weightage="20" keywordseo="storage">storage</keyword> costs are getting unfeasible as the <keyword id="30067" type="ORGANIZATION" weightage="20" keywordseo="RBI">RBI</keyword> is running out of space to keep them. </li><li>As a result, the RBI is looking to outsource the distribution of coins to a private player and even export base coins to countries like Brazil and Sri Lanka. </li></ul>It seems that Indians are losing interest in using coins - not only because of their weight but also the move towards cashless transactions - leaving the Reserve Bank of India with a significant storage and distribution problem. Banks around the country are also reluctant <a href="https://www.hindustantimes.com/india-news/coin-problem-hits-depositors-in-several-states/story-gbFII8zmCg1QK5BipvNdrN.html">to accept coins</a> owing to the fact that they have to allocate personnel to count them, as opposed to money counting machines for notes. India’s central bank reportedly has more coins than it knows what to do with - around 9 billion coins as of late 2018 - according to the <a href="https://indianexpress.com/article/business/banking-and-finance/to-end-the-glut-of-coins-govt-mulls-privatisation-of-distribution-exports-5674569/">Indian Express,</a> and storage costs are getting unfeasible as the RBI is running out of space to keep them. Interestingly, the available space for coins fell significantly as the RBI started accumulating <a href="https://economictimes.indiatimes.com/industry/banking/finance/banking/coin-production-hit-by-storage-problem-as-demonetised-notes-fill-rbi-vaults/articleshow/62452740.cms?from=mdr">demonetised notes</a>. As a result of the storage crunch, the RBI is looking to outsource the distribution of coins to a private player and even export base coins to countries like Brazil and Sri Lanka. As far as <keyword id="6369532" type="UNKNOWN" weightage="20" keywordseo="Privatisation">privatisation</keyword> of distribution goes, the government is reportedly assessing ways to increase the usage of coins in India and companies that can make the transportation and distribution of coins more cost-efficient. The central bank is also dramatically reducing the number of coins it orders from the Security Printing &amp; Minting Corporation of India Ltd (SPMCIL), a state-owned mint. It has only ordered 3.4 billion coins, which is reportedly <a href="https://indianexpress.com/article/business/banking-and-finance/to-end-the-glut-of-coins-govt-mulls-privatisation-of-distribution-exports-5674569/">a third </a>of the SPMCIL’s production capacity. Somewhat contradictorily, last month the government announced the introduction <a href="https://timesofindia.indiatimes.com/business/india-business/government-announces-new-rs-20-coin-things-to-know/articleshow/68298122.cms">of a ₹20 coin</a>, a full ten years after the ₹10 coin was released. The 12-edged coin will likely be expensive to produce. While the RBI has traditionally encouraged the use of coins instead of small-value bank notes owing to the durability of coins, it’s reduced order from SPMCIL shows that it is changing with the times. SEE ALSO: <a href="https://www.businessinsider.in/heres-why-the-rbi-bought-gold-for-the-first-time-since-2009/articleshow/65669182.cms">Here’s why the RBI bought gold for the first time since 2009</a> <a href="https://www.businessinsider.in/indias-central-bank-just-gave-the-countrys-small-businesses-a-one-time-breather-from-some-of-their-bad-loans-but-with-a-few-conditions/articleshow/67346902.cms">India’s central bank just gave the country’s small businesses a one-time breather from some of their bad loans — but with a few conditions</a>

The RBI has a coin distribution problem - and it might be thinking about outsourcing the job to someone else

Best air purifiers for home in India

<ul><li>Dyson recently launched its most advanced vacuum cleaner V15 Detect, in India.</li><li>It is priced at ₹62,900, which makes it an expensive piece of tech, but it's also one of a kind.</li><li>It's a good investment, but you must be sure of your cleaning requirement as it has some caveats. Is it for you? Read the full review to find out.</li></ul>Dyson has launched another high-tech and high-priced vacuum cleaner in India. The latest machine is called <keyword id="14550029" type="General" weightage="20" keywordseo="dyson-v15" source="Orion">Dyson V15</keyword> Detect and is touted as the most powerful and intelligent cordless vacuum cleaner to date; it better be as it's priced at a whopping ₹62,900, which makes it one of the most expensive cordless vacuum cleaners in the country. The vacuum cleaner is the most popular product from the company for its visually distinctive design, and it's been among the favorites of many ever since it debuted in India. Having used the previous models of the machine, I can say the functionality is also as good as the design. Although, I am not sure of its durability in Indian homes as I've never used them for more than a month or two. <div type="image" title="Dyson V15 1" msid="93143385" hostid="261" sizebytes="277760" caption="&amp;lt;p&amp;gt;The Dyson V15 Detect still looks the same, but doesn&amp;#39;t feel old.&amp;lt;/p&amp;gt;"></div>The V15 Detect has been with me for around a month, and so far, it's been a great experience using it. It is said to have 1.5 times more suction and 54% more bin capacity than the Dyson V12 Detect Slim. This means the suction is more powerful and can now store more debris in the bin. Why is the price so high? The price is not surprising for those aware of Dyson's products. As per the company, they usually carry a premium price tag for their design, service, and innovative technology. In addition, it has some great-sounding tech built inside, like a laser on the cleaning head to highlight microscopic dust particles, a sensor to track evidence of cleaning by gauging particle data, self-adjusting suction intensity, and a digital motor apart. All this in a good-looking cordless vacuum experience without compromising suction power. So I decided to test all of these features and see whether it does what it promises, and if yes, is it worth the premium? Design and build: Same futuristic laser blaster design <div type="image" title="Dyson V15 2" msid="93143451" hostid="261" sizebytes="190122" caption="&amp;lt;p&amp;gt;The bin on the V15 Detect is larger than its predecessor.&amp;lt;/p&amp;gt;"></div>As I mentioned, the design is similar to the V11 Absolute Pro, with a slightly larger 0.75-liter bin and handheld unit weighing 3.1kg. Unfortunately, the weight takes away the ease of use; although I didn't have an issue, someone like my 55-year-old mother would not be able to run it for a long stretch. <div type="image" title="Dyson V15 Detect" height="900" width="1200" msid="93143692" hostid="261" sizebytes="2066023"></div>The increased weight is also because it has got some significant upgrades on the inside over its predecessor. The most prominent one is the 230W motor which is more powerful than the V11. Further, an acoustic piezo sensor tells the amount and type of dust particles it picks on an LCD and the remaining battery run time. I couldn't verify the particle data, but the battery stats are reliable so far. The particle stats essentially tell how dirty the floor is before and after cleaning. <div type="image" title="Dyson V15" msid="93143588" hostid="261" sizebytes="1669657" caption="&amp;lt;p&amp;gt;The click and attach mechanism for attachments is still the same as seen on V11 range.&amp;lt;/p&amp;gt;"></div>The attachment mechanism remains the same. It has a simple click of a button to detach and insert to attach extensions and attachments. I really like this element of the Dyson design. Removing or adding parts to their products is a very satisfying experience and can quickly be done by anyone as it doesn't ask for added power or precision. That said, I faced some issues while opening the bin flap of its predecessor, which seems to be fixed on this one and is no longer flimsy. Although, it's still the exact push-to-eject mechanism as before. <div type="image" title="Dyson V15 5" msid="93143776" hostid="261" sizebytes="1530850" caption="&amp;lt;p&amp;gt;The dust sticks to the bin&amp;#39;s surface, which is why regular cleaning is a must.&amp;lt;/p&amp;gt;"></div>The quality of the material is consistent across the vacuum and its attachments. It also has a detachable battery. That means you can invest in a spare battery and double the output. I miss a design feature on this machine: a lock switch for the power trigger. Right now, I must keep one finger on the button while using it. While not having a lock may avoid accidents, it's also tiring for some. So much so that I felt the need for it in just 15 minutes of cleaning. That's also because it's heavy. I'll have no discomfort putting one finger busy for long if this was a lighter machine. Attachments: Made to reach anywhere but not to scratch hard stains Unboxing Dyson's products is an inviting process, and repackaging them is a nightmare. Anyhow, it comes neatly packed in a box that has eight attachments. <div type="image" title="Dyson V15 5" msid="93143945" hostid="261" sizebytes="80914" caption="&amp;lt;p&amp;gt;Dyson V15 Detect&amp;#39;s packaing is neat.&amp;lt;/p&amp;gt;"></div>There are two main cleaning heads of all. The first is the Laser Slim Fluffy cleaner head with a soft brush bar meant to clean hard floors without damaging them. Note that this is the only one with the green laser and the one I used the most at my home, where there's a mix of marble and tile flooring. The laser projects a green beam in front of the cleaning head, exposing the microscopic dust particles on the floor. This particular feature is an addition to those obsessed with cleaning. I had a similar individual at my home, and trust me, they did not let the vacuum cleaner rest unless it died. Despite getting the floor cleaned with conventional 'jhadu and pochha' (broom and mop) in the afternoon, this laser showed a floor full of fine dust after a few hours. What's better is that you can clean floors even in the dark. Imagine someone with a habit of compulsive cleaning having this at home - they're going to have one arm more muscular than the other. Jokes aside, this feature not just wants you to clean more but also shows how dirty the floors are even when not visible to the naked eye. <div type="image" title="Dyson V15 6" msid="93144434" hostid="261" sizebytes="1757057" caption="&amp;lt;p&amp;gt;The fluffy laser cleaner head is very effective on hard floor.&amp;lt;/p&amp;gt;"></div>The other cleaning head is the High-Torque, which is noisier and more powerful against bigger particles, hair, and rigid surfaces. It also has a layer of polycarbonate teeth which also scratches and collects soiled dust. A miniature version of this cleaning head, the Hair Screw Tool, is designed for smaller tasks that the High-Torque can't reach. But I noticed a few scratches on its bottom after cleaning my wooden cupboard, which is a letdown. <div type="image" title="Dyson V15 7" msid="93144459" hostid="261" sizebytes="1298159" caption="&amp;lt;p&amp;gt;In a weird incident, the Hair Screw Tool got scratched after I used it on wood.&amp;lt;/p&amp;gt;"></div>Both the cleaning heads are movable, so you don't have to lift and change the cleaning path. Instead, you can tilt it to either side to turn the head in different directions. In addition, it comes with four more attachments that allow it to reach tight spaces like gaps between sofas, keyboards, cars, under the bed, and similar. <div type="image" title="Dyson V15 Detect comes with seven attachments, each for different purposes." msid="93144498" hostid="261" sizebytes="90400"></div>Lastly, you get a wall mount to make a stand for the machine and a storage clip that lets you attach two accessories to the extension tube’s barrel. <div type="image" title="Dyson V15 8" msid="93144559" hostid="261" sizebytes="1974179" caption="&amp;lt;p&amp;gt;You get a storage clip that lets you attach two accessories to the extension tube’s barrel.&amp;lt;/p&amp;gt;"></div>These attachments cover most of the cleaning needs. But it can't mop, and that's a need in typical Indian households. It also fails to remove dry stains on the floor. So be clear that this tool can remove dust from every corner of your house but not wipe the floor. Maintenance: Easy to keep clean and working The Dyson V15 Detect doesn't really need a lot of maintenance, but there are a few things you need to clean periodically. Dirt compartment- It is easy to clean; you just have to empty it and then wash it once in a while so that it doesn't collect debris in the corners. You might need to use a brush or a cloth to clean it. Laser Slim Fluffy cleaner head roll- It comes with a soft brush roll made of a material that will need regular cold water. The laser sensor will also need cleaning if you use it regularly. High Torque brush roll- You can detach the brush rolls by removing the side cover using a coin. Then slide out the brush roll to clear debris or hair without damaging the bristles. HEPA filter- The HEPA filter is found on the top of the handheld unit, right below the LCD. It can be removed by twisting the purple head anti-clockwise. Like the fluffy brush roll, this must be washed under cold water when the machine indicates it. Make sure to put it back after drying it, and it's fixed properly. Performance: It sucks so well that it blows away every other cordless alternative This is where the Dyson V15 Detect shuts down the alternates and wins even at a higher price. After using it, I can confidently say that its only competition in terms of performance is a Dyson vacuum cleaner. The Indian market is still short of its alternatives; an advantage Dyson is leveraging. I shifted to a new house in the first week of July, and guess who did most of the cleaning? This machine. I got a chance to use it on hard floors, small carpets, sofas, mattresses, car, and cupboards, and I'm pretty impressed with how quickly and easily it cleans all types of places and surfaces. The cleaning heads do a brilliant job. Especially the laser head is great at picking up microscopic dust. Pass it through the floor once, and it's all gone. Check the image below. <div type="image" title="Dyson V15 9" msid="93144617" hostid="261" sizebytes="1558591" caption="&amp;lt;p&amp;gt;Vacuumed area vs normal floor condition hidden from human eye. &amp;lt;/p&amp;gt;"></div>Even the intensity of suction changing with the floor and dust type is impressively accurate. You get to feel the heaviness and release while sweeping through the floor. Overall, it is the best vacuum cleaner for cleaning efficiency and ease. But as I mentioned, it doesn't mop, and it doesn't scrub stains off the surfaces. Charging and battery life The first bummer after paying almost ₹63K for a vacuum cleaner is that it takes five hours to charge from 0-100%. That's a common issue with cordless vacuum cleaners. And with all that suction power, it only cleans for an hour in the best possible case. Put it on a thick carpet, which will come down to 40 minutes on 'Eco' mode. <div type="image" title="Dyson V15 10" msid="93144682" hostid="261" sizebytes="1582781" caption="&amp;lt;p&amp;gt;LCD displays the suction modes. Auto is best for most requirements.&amp;lt;/p&amp;gt;"></div>It has three modes- Eco, Auto, and Boost. Eco mode is the most power efficient and provides light suction, which is suitable for tile and marble floors. Auto mode adjusts the suction power as needed to give you a balance of cleaning and battery efficiency. And Boost mode uses the full force of the machine and offers lesser battery backup. With a mixed-use on a marble floor, mattresses, and others, I got around 43 minutes in Eco mode, 19 minutes in Auto mode, and 11 minutes in Boost mode. If you have a big house requiring over an hour of cleaning, buying an additional battery is best. Should you buy it? The high price of this vacuum cleaner strikes off a large chunk of the customer base for a market like India. However, that doesn't take away the utility of this machine and makes it a superb vacuum cleaner for those who want to make cleaning easy and need one solution for most cleaning needs. Its powerful suction and ability to detect and remove microscopic dust are unmatched. Additionally, pet owners will find this extremely useful to pull their hair from carpets, sofas, and other surfaces. Don't buy it if you're expecting to mop and if you have a large house, as it dies in under an hour and takes close to five hours to charge. Unless, of course, you are okay with investing in an extra battery. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/rapido-ceo-unicorn-india-invest-in-windo-that-is-helping-small-businesses-take-their-business-online/articleshow/93139058.cms">Rapido CEO, Unicorn India Ventures invest in social commerce startup Windo</a>w <a href="https://www.businessinsider.in/finance/banks/news/unclaimed-deposits-after-10-years-will-be-transferred-to-education-and-awareness-fund-as-per-rbi/articleshow/93137699.cms">RBI wants depositors to act on unclaimed deposits</a>

Dyson V15 Detect review: The best just got better, but at a premium

<ul><li><keyword id="12512340" type="General" weightage="20" keywordseo="Jaswantiben-Jamnadas-Popat" source="Orion">Jaswantiben Jamnadas Popat</keyword> was conferred the Padma Shri award on Tuesday.</li><li>She is one of the founders of Shri Mahila Griha Udyog Lijjat Papad.</li><li>Jaswantiben began her journey with an investment of ₹80 along with six of her friends.</li></ul>On March 15, 1959, Jaswantiben along with six of her friends met on a terrace in Girgaum, Maharashtra and started making papads, using a sum of ₹80, which were <a href="http://www.lijjat.com/Organisation/TheBeginning.aspx">borrowed</a> from Chhaganlal Karamshi Parekh, a social worker. Today, the brand is called Lijjat Papad, and it has grown to be a ₹1,600 crore business with 81 branches and employs over 45,000 women across the country, all of whom are considered co-owners in the enterprise. Recognising her journey, the Indian government gave the Padma Shri award, the fourth highest civilian award in the country, to the 91-year old entrepreneur. While most people may not recognise her by name, it is unlikely that you are unfamiliar with her product. If you are someone who watched television during the 90s, you will probably remember the popular Lijjat Papad jingle with a hand puppet bunny chomping on crispy papad. <div type="Youtube" id="lSYMX6PmT34" title="Lijjat Papad Commercial - Doordarshan Ad/ Commercial from the 80's &amp; 90's - pOphOrn" thumbUrl="https://i.ytimg.com/vi/lSYMX6PmT34/mqdefault.jpg"></div> <cmsannotation type="cmsannotation" annotationid="A humble beginning" comment="subhead" text="A humble beginning">A humble beginning</cmsannotation> Jaswantiben, who hails from Mumbai’s now affluent Girgaum area, began her journey as an entrepreneur to contribute towards her family’s income. While she did not have any knowledge about running a business, her hard work and courage allowed her to start this venture. She started making papads with Parvatiben Ramdas Thodani, Ujamben Narandas Kundalia, Banuben. N. Tanna, Laguben Amritlal Gokani, Jayaben V. Vithalani, and Chutadben Amish Gawadem. “Making papads does not require education, which is why we started Lijjat,” Jasnatiben says in an <a href="https://www.youtube.com/watch?v=xSz27aGjqog">interview</a>. “Everyone here is a partner and does not work for any other person, which was one of the factors that enabled women to join at the beginning,” she adds. <div type="image" title="Lijjat Papad" msid="87648084" hostid="261" caption="&amp;lt;p&amp;gt;Lijjat Papad&amp;#39;s logo.&amp;lt;/p&amp;gt;"></div> “We do not require anyone to pay money, we do not check their caste or religion or do any background checks while adding a partner, where else will you find such a partnership business,” asks Jaswantiben. The group first made a batch of four packets of papads, which were sold to a businessman. Soon after that, the group increased from seven members to twenty-five and later the group registered as Shri Mahila Griha Udyog Lijjat Papad and in 1962, it was renamed to Lijjat Papad. The papads are sold across the country and even exported to countries like the United States, Singapore, United Kingdom, Thailand and Netherlands among others. Not just papads, now Lijjat also sells masalas, atta, chapati and even detergent. The organisation has also had its share of failures, such as cottage leather, match sticks and incense sticks, which had to be shut down. “The credit of Lijjat Papad goes to every woman working here. This recognition is the fruit of their hard work,” Jaswantiben said while speaking to <a href="https://www.shethepeople.tv/top-stories/inspiration/jaswantiben-jamnadas-popat-lijjat-papad/">SheThePeople</a> after being awarded the Padma Shri. Jaswantiben-led Lijjat Papad believes in the principle of self-reliance and does not accept any donations or contributions. To ensure that the members do not lose out on employment, the company does not use machines and till date rolls the papads using hands despite making over 4.5 billion papads each year. <cmsannotation type="cmsannotation" annotationid="Equal profits" comment="subhead" text="Equal profits">Equal profits</cmsannotation> Every woman that joins Lijjat is called a Lijjat Ben (Sister) and is given equal share in the profits. Jyoti Naik, the former president of Lijjat Papad during an <a href="https://www.rediff.com/money/2005/apr/15spec.htm">interview</a> had revealed that Lijjat’s committee consisting of 21 members decides how profits are to be distributed. “Even a ben who has recently joined gets the same share as others who have been with us longer,” she said. The profits are usually distributed by purchasing gold coins -- either 5 grams or 10 grams, depending on the profit. SEE ALSO: <a href="https://www.businessinsider.in/thelife/personalities/news/sanjiv-goenka-makes-a-billion-dollar-comeback-to-the-worlds-biggest-t20-stage/articleshow/87277384.cms">Sanjiv Goenka makes a billion dollar comeback to the world's biggest T20 stage</a> <a href="https://www.businessinsider.in/thelife/personalities/news/nethra-kumanan-the-first-woman-sailor-from-india-to-qualify-for-the-olympics/articleshow/81984720.cms">Meet Nethra Kumanan — the first woman sailor from India to qualify for the Olympics with a love for Bharatnatyam</a> <a href="https://www.businessinsider.in/thelife/personalities/freshworks-ceo-girish-mathrubootham-shares-someone-said-i-will-be-nothing-but-a-rickshaw-puller/articleshow/86507840.cms">WATCH: "Someone said I am good enough to be a rickshaw puller," shares Freshworks CEO Girish Mathrubootham in a candid chat</a>

The 91-year old woman behind India’s most famous papad brand gets the fourth highest civilian honour ⁠— she started with ₹80

The ongoing 54th <keyword id="904527" type="UNKNOWN" weightage="100" keywordseo="Pedicon">PEDICON</keyword>, annual conference of paediatricians, alleged reports of a pharmaceutical company offering freebies including gold coins are doing rounds. However, the <keyword id="49468" type="ORGANIZATION" weightage="20" keywordseo="Medical-Council-of-India">Medical Council of India</keyword> (MCI) prohibits pharmaceutical companies from offering incentives and freebies to doctors. 
 A flyer mentioned a 'Sankranti bonanza' was distributed at the event. It mentions that doctors ordering 100TCV (vaccine against typhoid) plus 100ROTA (vaccine against rota virus) can choose between a 'digital baby weighing machine' or 'stethoscope Class III' as free gifts," a doctor attending the 54th PEDICON conference told <keyword id="6405564" type="COMPANY" weightage="20" keywordseo="The-Times-Of-India">The Times of India</keyword>. 
 The flyer carried no mention of any brands. The chief organiser of the event has denied any such ‘freebies’. Talking to TOI, Dr <keyword id="72164" type="PERSON" weightage="20" keywordseo="Karunakara">Karunakara</keyword> said, “There’s no such thing. There are never any incentives for vaccines," he said. If someone buys vaccines in bulk, they may get a reduction in the overall price.” 
 Not just this edition, even during last year’s PEDICON, a similar incident happened when Hyderabad based <keyword id="149108" type="COMPANY" weightage="20" keywordseo="Bharat-Biotech">Bharat Biotech</keyword> had offered an iPhone 5S for every order of 200 vaccines of typhoid and rota.

Doctors attending Bengaluru’s PEDICON offered freebies by Pharma companies?

E-commerce giant <keyword id="6357395" type="General" weightage="100" keywordseo="ebay" source="Orion">eBay</keyword> has announced to lay off around 500 workers, about 4 per cent of its staff globally, citing the macroeconomic situation. <keyword id="5680247" type="General" weightage="50" keywordseo="jamie-iannone" source="Orion">Jamie Iannone</keyword>, CEO of eBay, announced the layoffs on Tuesday in a note to staff that was also filed with the US Securities and Exchange Commission (SEC). Iannone said that actions taken are designed to strengthen the company's ability to deliver better end-to-end experiences for its customers and to support more innovation and scale across the platform. "This shift gives us additional space to invest and create new roles in high-potential areas -- new technologies, customer innovations and key markets -- and to continue to adapt and flex with the changing macro, e-commerce and technology landscape. We're also simplifying our structure to make decisions more effectively and with more speed," he said in the note. He further added that the move will allow eBay to focus on "where we can make the biggest impact", including expanding the company's categories of focus. Meanwhile, video communication app <keyword id="10296" type="General" weightage="50" keywordseo="zoom" source="Orion">Zoom</keyword> is also laying off about 1,300 people, or 15 per cent of its workforce, its CEO <keyword id="9011175" type="General" weightage="50" keywordseo="eric-yuan" source="Orion">Eric Yuan</keyword> has announced. <keyword id="62260" type="General" weightage="50" keywordseo="yuan" source="Orion">Yuan</keyword> also said that he is reducing his salary for the coming fiscal year by 98 per cent and foregoing his FY23 corporate bonus. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/mobile/news/moto-e13-launched-in-india-price-launch-offer-and-specs/articleshow/97721974.cms">Moto e13 with Android 13 (Go Edition) launched in India starting at ₹6,999</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/india-is-launching-a-upi-based-coin-vending-machine-pilot/articleshow/97720261.cms">Cold drinks, candy &amp; now 'change': India to test coin vending machines that use UPI</a>

You Searched For "india coin machine" and got 7 results

India’s oldest billionaire started his business after retiring from LIC

Srishti Magan

The RBI has a coin distribution problem - and it might be thinking about outsourcing the job to someone else

Dilsher Dhillon

Best air purifiers for home in India

Insider Studios

Dyson V15 Detect review: The best just got better, but at a premium

Sudhanshu Singh

The 91-year old woman behind India’s most famous papad brand gets the fourth highest civilian honour ⁠— she started with ₹80

Rounak Jain

Doctors attending Bengaluru’s PEDICON offered freebies by Pharma companies?

BI India Bureau

E-commerce giant eBay to layoff 500 employees

IANS

Popular Keywords

Buying Guides