
Coimbatore: Mother finds Rs 15K in old notes in late son's bag, seeks exchange help
COIMBATORE: Nearly nine years after demonetization, a 79-year-old woman sought the district collector's help to change Rs 15,000 worth of demonetized currencies.
G Thangamani from Uppilipalayam in Coimbatore visited the collector's office on Monday with demonetized notes of Rs 500 and Rs 1,000 and submitted a petition to Collector Pavankumar G Giriyappanavar during the grievance meeting.
'My husband died in 1995. My son, who was working as a lorry driver in Karnataka, died of a heart attack a few years ago. Now I am living alone, and I depend on Rs 1,000 pension given by the government. When I was cleaning my house a few months ago, I found Rs 500 and Rs 1,000 notes in my son's bag, which had remained untouched after his death. I do not know where to go to exchange them,' she said.
As the fingers on her left hand are not functioning normally due to age-related issues, Thangamani said that she could not go for work, and said it would be helpful if the currency notes are exchanged.
The collector directed the district lead bank office to assess the possibilities with the RBI. District Lead Bank Manager P Jithendran told TNIE, 'We will write a letter to the RBI about the grievance.'

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Standard
29 minutes ago
- Business Standard
Apollo Hospital rallies after board OKs demerger of digital & pharmacy units
Apollo Hospital Enterprise (AHEL) added 3.25% to Rs 7,477.95 after the company's board approved to spin-off its omnichannel pharmacy and digital health businesses through scheme of arrangement. The board of AHEL and its subsidiary, Apollo HealthCo granted in-principle approval for the demerger of Omnichannel Pharma and Digital Health business. The proposed structure enables direct access of omni-channel pharmacy and digital health business to the shareholders of AHEL. For every 100 shares of AHEL, the shareholders of AHEL will receive 195.2 shares of the new company, Apollo Healthtech enabling their direct participation in the value unlock. The proposed transaction will result in the creation of the largest, integrated omni channel healthcare eco-system with a FY25 revenue of approximately Rs 16,300 crore ($ 1.9 billion) in FY25. The Apollo Healthtech is expected to achieve a revenue run rate of Rs 25,000 crore ($2.9 billion) by FY27. Upon the effectiveness of the Scheme, Apollo Healthtech will become an Indian owned and controlled company (IOCC) and it will apply for listing on the stock exchanges. The listing is expected within 18 to 21 months. AHEL will retain 15% stake in the Apollo Healthtech to ensure an integrated, seamless, and comprehensive healthcare offering across the patient lifecycle. Upon becoming an IOCC, the Apollo Healthtech also proposes to consolidate the front-end pharmacy business by acquiring the remaining 74.5% stake in Apollo Medicals (AMPL), which owns 100% of APL. Dr Prathap C Reddy, chairman, Apollo Hospitals Group, said "Today's developments mark the beginning of the next chapter of Apollo Hospitals' relentless mission to bring healthcare of world-class standards within the reach of every individual. The omnichannel pharmacy business and integrated digital healthcare ecosystem will be a unique model to enable access to high-quality healthcare for millions of Indians. What Apollo Hospitals achieved for the creation of the private healthcare industry in India, this new entity will create for the digitally forward generation of tomorrow. We have the opportunity to make a positive difference to their lives and partner in their wellness pursuits. I wish both the teams all the best as they enter uncharted territory with infinite potential." Suneeta Reddy, managing director, Apollo Hospitals Enterprise said, "Apollo has always focused on growth, reach, and scale. We have carefully built our formats-of-care around the consumer at the centre. This comprehensive integrated network, overlaid with a strong digital layer, will allow us to create an impact of magnitude greater than could be achieved with a single format of care. AHEL will continue its focus on outstanding healthcare delivery, while the New Entity will accelerate its efforts on deepening customer engagement and penetration, with clear capital allocation outlays, growth plans and management teams driving both. Together, we will generate unparalleled value for the consumer, while making sure that all synergies and network effects stay intact, rooted in the Apollo ethos of quality and trust." Shobana Kamineni, executive chairperson, Apollo HealthCo said, "The New Entity, once integrated, will be a truly customer-focused healthcare leader, with capabilities across the value chain. Delivering medicines seamlessly from more than 7,000 physical stores, online delivery platform serving over 19,000 pincodes, with Keimed ensuring supply chain integrity, our aspiration is that we will serve over 100 million Indians with trusted quality and availability. With each business expected to record healthy rates of growth, we will continue to be the leader in this sector. Apollo Hospitals Enterprise has established a strong presence across the healthcare ecosystem, encompassing hospitals, pharmacies, primary care and diagnostic clinics, as well as various retail health models. The company reported 53.5% jump in consolidated net profit to Rs 389.60 crore on 13.1% increase in revenue from operations to Rs 5,592.20 crore in Q4 FY25 over Q4 FY24.


India Today
37 minutes ago
- India Today
Ather Rizta S with 3.7kWh battery pack launched at Rs 1.37 lakh
Ather Energy has expanded its popular Rizta scooter lineup with the launch of the Rizta S, featuring a 3.7kWh battery pack. Priced at Rs 1,37,047 (ex-showroom, Delhi), the new variant offers an IDC range of 159 km, making it an attractive option for commuters seeking longer range and practicality without compromising on for the Rizta S 3.7kWh are now open both online and at retail outlets, with deliveries expected to begin this month. The model is priced at Rs 1,37,047 in Delhi, Rs 1,37,258 in Mumbai, Rs 1,37,999 in Bengaluru, and Rs 1,39,312 in Chennai, (all prices are ex-showroom)advertisementThe Rizta line, introduced in 2024 as Ather's first family-focused scooter, has already become a massive success, contributing to over 60% of Ather's total sales and recently surpassing 1 lakh units sold. The new 3.7kWh variant enhances the Rizta portfolio by combining extended range with affordability and value. Ravneet S Phokela, Chief Business Officer, Ather Energy, said, "The Rizta has resonated strongly with families across the country, and the recent milestone of crossing 1 lakh Rizta scooters is a testament to the strong demand that we are seeing. As an ongoing quest to expand our portfolio addressing different consumer needs, we are excited to introduce the Rizta S with a higher range. With the new variant offering 159 km on a single charge, riders can confidently plan their day, making it ideal for commuters with high daily usage."advertisementDespite its larger battery, the Rizta S 3.7kWh retains the line's convenience and comfort features. These include a 34-litre underseat storage (expandable by 22 litres using an optional Frunk), a large seat, and a practical new variant is packed with features such as a 7-inch display, turn-by-turn Navigation, auto hold, fall safe, emergency stop signal, tow and theft alerts, find my scooter, and Alexa integration. It also supports OTA updates and is compatible with Ather's Grid fast-charging network, which includes over 3,900 charging points across can also benefit from Ather's Eight70 warranty program, which offers coverage of 8 years or 80,000 km, assuring a minimum 70% battery health during the ownership period. The scooter is backed by Ather's growing network of centres to Auto Today Magazine- Ends


Time of India
41 minutes ago
- Time of India
Indian corporates shift gears, tap markets over banks for cheaper capital
Synopsis Indian corporates increasingly utilized capital markets in FY25, leading to a 32.9% surge in resource mobilization, reaching Rs 15.7 lakh crore. Debt instruments, particularly private placements, dominated this trend, while bank lending slowed. This shift highlights corporates' diversification of funding sources, seeking quicker and cheaper access to capital compared to traditional bank loans.