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THOUGHT OF THE DAY
“For success, positive attitude is equally as important as
ability...”
Law Updates:
 Income Tax department has published names of 31 tax evaders who
owe over Rs 1,500 crore tax to the government.
 A total of 2,015 out of 5,305 companies listed on the Bombay Stock
Exchange (BSE) and 263 out of 1,624 listed on the National Stock
Exchange (NSE), as well as some public sector firms and
nationalised banks are yet to appoint women directors.
 National IPR Policy is still awaited. A draft policy was issued in
November 2014 for stakeholder comment. A second round of
consultations concluded in February. The document had come
under a lot of attack from both domestic and international business.
DIPP formulation ready but Cabinet nod yet to come; clashing
concerns on pharma sector a key area.
 On Saturday, United Spirits, now controlled by London-based
Diageo plc, asked Mallya to step down after a probe report revealed
that up to Rs. 2,000 crore had been diverted from the company to
other UB Group entities, especially the now defunct Kingfisher
Airlines, when Mallya was its owner.
PROFESSIONALS INPUTS
 Vide Press Note No.4 (2015 series) issued by Department of
Industrial Policy and Promotion, Govt. allows 49% FDI in Pension
Sector.
 SEBI has issued Order of Cancellation of Registration Certificate of
7 erstwhile NSE Members.
 Tax panel recommendations likely to be adopted in coming months.
The TARC report submitted by Parthasarthi Shome had
recommended that the Central Board of Direct Taxes (CBDT) and
central board of excise and customs (CBEC) should be merged
together under one chairman and select members. But officials say
direct and indirect tax departments unlikely to be merged.
MARKET WATCH:
SENSEX: 27245.01 -192 .93 NIFTY:8231.80 -73.45
SILVER:36125.00 175.00 GOLD (MCX): 26783.00 82.00
USD/INR: 63.61 0.04 CRUDE OIL: 3643.00 -7.00
CS Rajiv Bajaj
9811453353
Bajajr66@gmail.com
youtube.com/csrajivbajaj
https://www.facebook.com/Rajiv
1Bajaj
http://www.csrajivbajaj.com
Date: 27thApril, 2015
www.csrajivbajaj.com
Dr. S.I. Padmavati,
Cardiologist, Director, National Heart
Institute, Delhi
Founder President Of The All India Heart
Foundation
“Growing Old is Compulsory, Growing Up is
Optional”
India's 1st & Oldest Woman Heart Specialist…!!!
EARLY LIFE:
We have often heard people say – Age is just a number. Dr. S.I. Padmavati is the living testimony to the fact expressed
by this statement. Born in 1917 in Burma, she obtained her MBBS degree from Rangoon Medical College and then
moved to London in 1949, where she received a FRCP from Royal College of Physicians, London followed by FRCPE
from Royal College of Physicians of Edinburgh.Shealso studied at Harvard Medical School (Harvard University)
CAREER PROFILE:
While working at hospitals like, the National Heart Hospital, National Chest Hospital, and the National Hospital,
Queen Square, London, she developed interest in cardiology. She began her career in India in 1953 as a lecturer at
Lady Hardinge Medical College, Delhi. The founder president of the All India Heart Foundation, she understands that
cardiology is a tough field for women to enter into, because there is no fixed routine or timings. But she is glad that
women are coming forward and taking up this challenge well.She was the first woman cardiologist in India in 1954
and established the first cardiac clinic and cardiac cath lab in North India. She was the President of 5th World
Congress of Cardiology, New Delhi (1966), and was awarded India’s second highest civilian honour the Padma
Vibhushan in 1992. She is not just the mother figure or godfigure, but she is the god of cardiology in India,” says
renowned cardiologist Dr Ashok Seth of Fortis Escorts Heart Institute about Dr Sivaramakrishna Iyer Padmavati,
who, at 97, is as active now as she was when she started treating patients in India 60 years ago.At the age of 97, Dr.
Padmavati is still a practising cardiologist. Her devotion and commitment are unparalleled. She is India’s first woman
cardiologist. She achieved this superb feat because she never gave up on her dream of becoming a heart specialist –
especially during a period of time when women doctors were heavily discriminated against as medicine was not seen
as a ‘proper’ or ‘suitable’ profession for women. Today, she is an Emeritus Professor of Medicine and Cardiology of the
University of Delhi
ACHIEVEMNTS AND AWARDS
A recipient of the Padma Bhushan and the Padma Vibhushan, and an Emeritus Professor of Medicine and Cardiology
of the University of Delhi, she is now the Director of the National Heart Institute.
INSPIRATIONAL SOURCE:
Dr. Padmavati serves as an inspiration not only for the millions of aspiring female doctors but also those who are
bogged down by the age factor. Age is merely a number and it all exists in the head – if one ‘feels’ old and incapable,
then one cannot hope to achieve much or to make great strides in one’s field.Her decision to return to India after
having studied in the UK and worked in Sweden is commendable indeed. She refused to participate in the brain drain
of intellectuals from her native land and decided to act as a responsible citizen of the country by giving back to it in the
form of health services. If one possesses the courage to overcome the limitations posed by the natural process of
ageing, one can hope to achieve much, and also help others by setting a vivid and vibrant example. What the human
mind conceives, it achieves!

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Newsletter dated 27th April,2015

  • 1. www.csrajivbajaj.com c THOUGHT OF THE DAY “For success, positive attitude is equally as important as ability...” Law Updates:  Income Tax department has published names of 31 tax evaders who owe over Rs 1,500 crore tax to the government.  A total of 2,015 out of 5,305 companies listed on the Bombay Stock Exchange (BSE) and 263 out of 1,624 listed on the National Stock Exchange (NSE), as well as some public sector firms and nationalised banks are yet to appoint women directors.  National IPR Policy is still awaited. A draft policy was issued in November 2014 for stakeholder comment. A second round of consultations concluded in February. The document had come under a lot of attack from both domestic and international business. DIPP formulation ready but Cabinet nod yet to come; clashing concerns on pharma sector a key area.  On Saturday, United Spirits, now controlled by London-based Diageo plc, asked Mallya to step down after a probe report revealed that up to Rs. 2,000 crore had been diverted from the company to other UB Group entities, especially the now defunct Kingfisher Airlines, when Mallya was its owner. PROFESSIONALS INPUTS  Vide Press Note No.4 (2015 series) issued by Department of Industrial Policy and Promotion, Govt. allows 49% FDI in Pension Sector.  SEBI has issued Order of Cancellation of Registration Certificate of 7 erstwhile NSE Members.  Tax panel recommendations likely to be adopted in coming months. The TARC report submitted by Parthasarthi Shome had recommended that the Central Board of Direct Taxes (CBDT) and central board of excise and customs (CBEC) should be merged together under one chairman and select members. But officials say direct and indirect tax departments unlikely to be merged. MARKET WATCH: SENSEX: 27245.01 -192 .93 NIFTY:8231.80 -73.45 SILVER:36125.00 175.00 GOLD (MCX): 26783.00 82.00 USD/INR: 63.61 0.04 CRUDE OIL: 3643.00 -7.00 CS Rajiv Bajaj 9811453353 Bajajr66@gmail.com youtube.com/csrajivbajaj https://www.facebook.com/Rajiv 1Bajaj http://www.csrajivbajaj.com Date: 27thApril, 2015
  • 2. www.csrajivbajaj.com Dr. S.I. Padmavati, Cardiologist, Director, National Heart Institute, Delhi Founder President Of The All India Heart Foundation “Growing Old is Compulsory, Growing Up is Optional” India's 1st & Oldest Woman Heart Specialist…!!! EARLY LIFE: We have often heard people say – Age is just a number. Dr. S.I. Padmavati is the living testimony to the fact expressed by this statement. Born in 1917 in Burma, she obtained her MBBS degree from Rangoon Medical College and then moved to London in 1949, where she received a FRCP from Royal College of Physicians, London followed by FRCPE from Royal College of Physicians of Edinburgh.Shealso studied at Harvard Medical School (Harvard University) CAREER PROFILE: While working at hospitals like, the National Heart Hospital, National Chest Hospital, and the National Hospital, Queen Square, London, she developed interest in cardiology. She began her career in India in 1953 as a lecturer at Lady Hardinge Medical College, Delhi. The founder president of the All India Heart Foundation, she understands that cardiology is a tough field for women to enter into, because there is no fixed routine or timings. But she is glad that women are coming forward and taking up this challenge well.She was the first woman cardiologist in India in 1954 and established the first cardiac clinic and cardiac cath lab in North India. She was the President of 5th World Congress of Cardiology, New Delhi (1966), and was awarded India’s second highest civilian honour the Padma Vibhushan in 1992. She is not just the mother figure or godfigure, but she is the god of cardiology in India,” says renowned cardiologist Dr Ashok Seth of Fortis Escorts Heart Institute about Dr Sivaramakrishna Iyer Padmavati, who, at 97, is as active now as she was when she started treating patients in India 60 years ago.At the age of 97, Dr. Padmavati is still a practising cardiologist. Her devotion and commitment are unparalleled. She is India’s first woman cardiologist. She achieved this superb feat because she never gave up on her dream of becoming a heart specialist – especially during a period of time when women doctors were heavily discriminated against as medicine was not seen as a ‘proper’ or ‘suitable’ profession for women. Today, she is an Emeritus Professor of Medicine and Cardiology of the University of Delhi ACHIEVEMNTS AND AWARDS A recipient of the Padma Bhushan and the Padma Vibhushan, and an Emeritus Professor of Medicine and Cardiology of the University of Delhi, she is now the Director of the National Heart Institute. INSPIRATIONAL SOURCE: Dr. Padmavati serves as an inspiration not only for the millions of aspiring female doctors but also those who are bogged down by the age factor. Age is merely a number and it all exists in the head – if one ‘feels’ old and incapable, then one cannot hope to achieve much or to make great strides in one’s field.Her decision to return to India after having studied in the UK and worked in Sweden is commendable indeed. She refused to participate in the brain drain of intellectuals from her native land and decided to act as a responsible citizen of the country by giving back to it in the form of health services. If one possesses the courage to overcome the limitations posed by the natural process of ageing, one can hope to achieve much, and also help others by setting a vivid and vibrant example. What the human mind conceives, it achieves!