Dr. Mohsina Laliwala, an Indian American internal medicine physician with NorthShore University Health System, has been named a 2017 Top Doctor in Chicago, Ill. Top Doctor Awards is dedicated to selecting and honoring those healthcare practitioners who have demonstrated clinical excellence while delivering the highest standards of patient care. Laliwala has been in practice for more than eight years. Her career in medicine began in 2009 when she graduated from the Smt. NHL Municipal Medical College in Ahmedabad, India, where she also completed an internship. After moving to the United States, she went on to complete her residency at the Mercy Hospital and Medical Center in Chicago. Laliwala is certified by the American Board of Internal Medicine, and she diagnoses and treats a wide range of conditions for adult patients. She has quickly become known for her expertise and enthusiasm, as well as for her caring and compassionate approach to medicine.
Linux Foundation Announces LiFT Scholarships
The Linux Foundation, a nonprofit organization enabling mass innovation through open source, has announced the recipients of its 2017 Linux Foundation Training, or LiFT Scholarships. LiFT provides advanced open source training to existing and aspiring IT professionals from around the world. This is the seventh year The Linux Foundation has awarded training scholarships. Seventy-five scholarships worth more than $168,000 have been awarded to date to current and aspiring IT professionals who may not otherwise be able to afford specialized training. This year, The Linux Foundation received a record 1,238 applications for 14 scholarships. The quality of applications in the Linux Newbies category was so high that the decision was made to award an additional 13 scholarships in that category, bringing the overall number of LiFT recipients this year to 27, the most ever awarded by The Linux Foundation. Bhumika Goyal of India won in the Linux Kernel Guru category. She served as an Outreach intern earlier this year, focused on the Linux kernel, where she worked on securing the kernel from surface attacks by making the kernel structures read-only. Since her internship, she has continued this work with the support of The Linux Foundation's Core Infrastructure Initiative. Her goal is to become a full time kernel engineer after completing this current project.
India Could be World's Fastest-Growing Economy
India could have the world's fastest-growing economy over the next decade and see major growth on the U.S. dollar, Morgan Stanley Research said this month, UPI reported. The research arm of the investment firm said in a report that Indian tax reform and the digitization of the country's predominantly cash-based economy will contribute to major growth over the next decade, the report said. "The country was already on a strong trajectory, but digitization puts India's nominal GDP growth on track to compound annually by more than 10 percent in U.S. dollar terms over the coming decade," said Anil Agarwal, head of Asian financial research at Morgan Stanley. India currently has the world's seventh-largest economy, but is expected to be the third-largest by 2027 with a $6 trillion GDP. Morgan Stanley said a major contributor to that growth is Aadhaar, India's program to give its citizens a biometric identification verifiable by fingerprint or iris scan. Aadhaar paved the way for Jan Dhan, a program to give Indian households a bank account, the report said. Since 2014, Indians opened nearly 300 million accounts. Despite the optimism from Morgan Stanley, the International Monetary Fund lowered India's growth projection to 6.7 percent this year, which is 0.5 percent lower than two previous projections this year, the report added.
Episource Honored by Goldman Sachs
Goldman Sachs recognized Episource's co-CEOs Sishir Reddy and Harshith Ramesh as two of the 100 Most Intriguing Entrepreneurs of 2017 at its Builders + Innovators Summit. Reddy has extensive experience in healthcare leadership, including revenue cycle management and medical coding services, he has helped make Episource a leading provider of Payer-focused solutions. Ramesh's background includes investment banking, focusing on M&A, restructuring and capital markets assignments. "We are pleased to recognize Sishir Reddy and Harshith Ramesh as two of the most intriguing entrepreneurs of 2017," said David M. Solomon, president and co-COO at Goldman Sachs.
Sumitomo Mitsui Buys New Stake in Arista Networks
Sumitomo Mitsui Asset Management Company Ltd. bought a new position in shares of Arista Networks Inc. The institutional investor bought 351,560 shares of the company’s stock, valued at approximately $29,910,000. They were among many large investors making changes to their positions in the company. D. Scott Neal Inc. bought a new stake in shares of Arista Networks during the third quarter worth $128,000. Metropolitan Life Insurance Co. NY increased its stake in shares of Arista Networks by 16.1 percent in the second quarter. Legal & General Group Plc increased its stake in shares of Arista Networks by 3.5 percent in the second quarter. Legal & General Group Plc now owns 3,111 shares of the company’s stock worth $200,000 after buying an additional 105 shares in the last quarter. IBM Retirement Fund increased its stake in shares of Arista Networks by 15.6 percent in the second quarter, among others. Also, insider Jayshree Ullal sold 386,291 shares of the stock in a transaction in November 2016. The stock was sold at an average price of $87.97, for a total value of $33,982,019.27. The disclosure for this sale can be found here. 32.39 percent of the stock is owned by company insiders.
VMware Eyeing Indian Telecom Sector
Cloud infrastructure and business mobility major VMware is eying India's vast telecommunications sector to further boost its growth, its CEO Pat Gelsinger has said, according to reports. "We have clearly been the leader in the banking sector and have had good success with the governmental institutions. And the one sector that we have started to have much more success is the telecommunication sector," Gelsinger told IANS. Palo Alto, Calif.-headquartered VMware, which clocked over $7 billion in revenue in 2016, has now entered into a strategic partnership with Bharti Airtel, Gelsinger said, according to the report. In September, Vodafone entered into a software licensing agreement with VMware in order to access a range of the technology vendor's products. As part of that agreement, VMware will be one of the vendors to support the operator's global roll out of Network Functions Virtualization to accelerate its delivery of future products and services in a rapid, cost-efficient manner, the report said.