Latest news with #ArokiaswamyVelumani
Time of India
02-07-2025
- Business
- Time of India
'Rs 43.5 LPA for NIT topper and then suddenly laid off': Thyrocare founder's warning to young professionals
A post about an NIT topper who was unceremoniously laid off from his Rs 43 lakh per annum job created quite a stir on the Internet recently. The man who had shared the news also added that he had been offered just three months of a severance package. Responding to the tweet, Thyrocare founder Dr. A. Velumani observed that this should serve as a cautionary tale for wide-eyed engineering hopefuls desirous of landing a well-paid job. Warning graduates to be alert, he explained that a significant number of companies participating in campus placement drives and making seemingly attractive CTC (cost to company) promises often have hidden motives. Their primary agenda is usually to inflate their financial records for the next three to five years, rather than genuinely invest in long-term employee growth. These organizations attract fresh talent with impressive-sounding compensation packages. However, once a candidate becomes financially dependent—usually after taking on monthly EMIs based on their expected salary—the company abruptly ends the association, leaving the individual vulnerable and stranded without support or stability. Such practices can cause serious disruptions in the personal and professional lives of unsuspecting students. They fall prey to false hopes, unaware that the offer was more about corporate window dressing than career development. 'All that glitters is not gold,' he warned followers. — velumania (@velumania) According to the poster who shared the news of the unfortunate NIT alumnus, he revealed that, suddenly bereft of a job, he was facing potential financial difficulties. Although he was fortunate enough not to have a home loan burden, the situation remains challenging. With no current source of income, he is relying solely on his savings and the severance package received from his previous employer. These limited funds are being used to cover essential expenses, the most critical being his children's school fees, which amount to Rs 1.95 lakh per child each academic year. — venkat_fin9 (@venkat_fin9) The financial strain, however, is only one part of his struggle. The emotional impact has been even more devastating. The sudden shift from stability to unemployment left him feeling completely uprooted and overwhelmed. He confided that he felt as though he had been thrown out into the streets, with no support or direction, and was battling an intense sense of abandonment. Dr. Arokiaswamy Velumani: From Modest Roots to Healthcare Visionary Born on April 12, 1959, Dr. Arokiaswamy Velumani is a renowned Indian entrepreneur who built his success from the ground up and emerged as a billionaire in the healthcare diagnostics space. Widely respected for his transformative role in the medical testing sector, he is the visionary behind Thyrocare Technologies Ltd. , a prominent diagnostic service provider headquartered in Navi Mumbai. The company has redefined affordability and reach in preventive and diagnostic healthcare across India. Dr. Velumani's trailblazing efforts didn't stop with Thyrocare. He went on to launch Nueclear Healthcare Limited, a cutting-edge radiology company aligned with Thyrocare. Nueclear specializes in nuclear imaging and cancer diagnostics, bringing high-end diagnostic tools and technologies within reach for the average Indian citizen. Through his relentless drive and innovative approach, Dr. Velumani has played a key role in reshaping the landscape of medical diagnostics. He has focused on making accurate and reliable testing more affordable, thereby enabling a wider section of society to access early detection and disease monitoring services. His efforts have directly contributed to improving public health outcomes while simultaneously setting new benchmarks for cost-efficiency in the industry. As per a Forbes report from 2021, Thyrocare Technologies reached a market value of Rs 7,000 crore, and Dr. Velumani's personal share in the company was estimated to be around ₹5,000 crore. This financial milestone reflects the scale and impact of the enterprise he nurtured from scratch. Dr. Velumani's life story—from growing up in modest conditions to establishing a billion-rupee empire in the healthcare sector—stands as a powerful inspiration. His journey is a shining example for emerging entrepreneurs who dream of creating meaningful, large-scale change through persistence, innovation, and integrity.
Time of India
17-06-2025
- Business
- Time of India
Waiting for Mr/Miss Right in your life? Rs 5,000 crore man quips, 'There's no right spouse'
Billionaire Dr. A. Velumani has a quirky answer for those who are waiting to find Mr. or Miss Right—there's none! Resharing one of his Monday Motivation videos, the Thyrocare founder quipped, 'There is no right decision. Make a decision and make it right. Also There is no right spouse.' In the video, the business tycoon was seen explaining the art of taking risks. Although risk-taking is inevitable and has an element of unpredictability in it, he argued it's still possible to take calculated risks. He suggested followers take risks that have the potential for yielding the greatest benefits but have little to no downsides. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Air conditioners without external unit. (click to see prices) Air Condition | Search Ads Search Now Undo In the caption, the billionaire advised followers to neither overestimate nor underestimate themselves. If they overestimate their abilities, it may lead to failure. But if they undersell themselves, that creates missed opportunities. — velumania (@velumania) 'If you overestimate yourself, you will suffer. If you underestimate yourself, you will lose. Wisely understand your strengths and the outcome of risks…' he wrote. Dr. Arokiaswamy Velumani: The Trailblazer Who Redefined Medical Diagnostics in India Born on April 12, 1959, Dr. Arokiaswamy Velumani is an inspiring figure whose rags-to-riches story has made a lasting impact on India's healthcare landscape. A self-made billionaire with roots in a modest background, he carved his own path to success and established himself as a transformative leader in diagnostic medicine. He is most recognized for founding Thyrocare Technologies Ltd., a groundbreaking enterprise that brought low-cost, reliable diagnostic testing to millions of Indians. With its headquarters based in Navi Mumbai, Thyrocare has become a symbol of innovation and affordability in the field of preventive healthcare. Dr. Velumani's vision went beyond conventional diagnostics. He also founded Nueclear Healthcare Limited, a radiology-focused organization closely aligned with Thyrocare. Nueclear specializes in advanced imaging technologies, particularly those used in the detection and monitoring of cancer. Through both ventures, he has been instrumental in pushing the boundaries of what is possible in diagnostic science, particularly by introducing cost-efficient models that make life-saving tests more accessible to people across economic classes. His work has not only disrupted the traditional healthcare model but has also built a legacy of trust and efficiency. By standardizing quality procedures and investing in automation, Dr. Velumani managed to reduce operational costs significantly—an advantage that was passed on directly to consumers. This unique approach made Thyrocare a household name and a trusted service provider in India's medical ecosystem. As reported by Forbes in 2021, Thyrocare Technologies had achieved an impressive market capitalization of ₹7,000 crore. Dr. Velumani himself held equity valued at around ₹5,000 crore at the time, marking his financial success as one of the standout entrepreneurial journeys in the country. His ability to convert vision into value without external funding in the early stages sets him apart in the business world. His entrepreneurial path, which began with small steps in a humble village and led to building a healthcare empire, continues to motivate young dreamers across the nation. Dr. Velumani's life is a testament to what resilience, determination, and sharp business acumen can achieve. He proved that innovation is not confined to big cities or large institutions—it can rise from simplicity and serve the masses when driven by a purpose. From being a government-employed scientist to becoming the force behind one of India's largest diagnostic chains, Dr. Arokiaswamy Velumani has not only created a fortune but also reshaped how India approaches healthcare diagnostics.
