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GOQii kickstarts ‘India Health Quiz 2019’ – a first-of-its-kind initiative led by Akshay Kumar and his team of expert coaches to make India Healthy

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MUMBAI: GOQii, India’s leading preventive digital healthcare company, today announced ‘GOQii India Health Quiz 2019’ – a first-of-its-kind, nationwide initiative to educate the masses with the right information on health. The GOQii India Health Quiz (IHQ)  2019 will be led by Bollywood superstar Akshay Kumar with a team of expert health coaches that include Sardar Singh, Olympian and ex-India Hockey Captain, Youtube fitness experts-Jeet Selal, Abhinav Mahajan and Ranveer Allhabadia, Luke Coutinho-Master Coach at GOQii just to name a few.  

The India Health Quiz, is a 100-day live quiz challenge on the GOQii app, available on Android and iOS for free.  

Given the current abundance of unverified health advice available on the internet, GOQii’s endeavour with the India Health Quiz is to make Indians aware and informed with the correct information regarding Health & Fitness.

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Partnered by Times Network for this initiative, in this 100-day challenge, participants must watch LIVE GOQii Play videos and participate in hourly quizzes, which will earn them points. These points can then be redeemed to win exciting prizes* like GOQii Activity trackers, OnePlus 7, iPhone XR and the top cash prize of Rs. 5 lakh. The questions for this 100 day quiz challenge have been prepared by GOQii’s Health coaches & have been verified by its health experts.

Commenting on the initiative, Akshay Kumar, Brand Ambassador of GOQii said, “ Today, most people turn to the web for health information. But it is always best to get all your health-related queries addressed by health experts and trainers. Hence, I am glad I am associated with a health initiative such as India Health Quiz that is aimed at educating and busting myths and learning facts about health that will go a long way in making people healthy”.

Speaking about the GOQii India Health Quiz 2019, Vishal Gondal, Founder & CEO, GOQii said, “GOQii India Health Quiz is our mass health education initiative led by Akshay Kumar who was recently voted among the top 30 Health Influencers of India. Fake news and health myths can negatively impact a person’s physical and mental health. India Health Quiz initiative will help change this and get 130 crore Indians get the right information from the right source thereby making them healthier and happier“

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Reserve Bank of India cancels Paytm Payments Bank licence

Central bank cites compliance failures; curbs tighten as wind-up looms

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MUMBAI: India’s banking watchdog delivered its sharpest blow yet to Paytm Payments Bank, cancelling its licence and effectively ending its ability to operate as a bank under the law.

The Reserve Bank of India said the entity can no longer conduct banking business under the Banking Regulation Act, citing concerns that its affairs were not being run in the interest of depositors or the public and that it had failed to meet licence conditions.

The move escalates a crackdown that has been building for months. The bank had already been barred from onboarding new customers since March 11, 2022, and later faced restrictions on deposits, credit and wallet top-ups. In January 2024, the central bank ordered it to stop accepting fresh deposits, pointing to persistent non-compliance, including lapses in customer due diligence, use of funds and technology systems.

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Operationally, the bank is now on a tight leash. It may process withdrawals of existing deposits and facilitate loan referrals through banking correspondents, but it cannot take fresh deposits.

The central bank said it would apply to the high court to wind up the bank.

Paytm sought to ringfence the fallout. In a regulatory filing, it said the licence cancellation applies to Paytm Payments Bank Limited, a separate entity, and should not be attributed to One 97 Communications. It added that there is no exposure or material business arrangement with the bank and that it operates independently, without Paytm’s board or management involvement.

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“As informed earlier, Paytm (One 97 Communications Limited) and its services, which have been operating without interruption, will continue to operate uninterrupted. These include the Paytm app, Paytm UPI, Paytm Gold and all other services offered by its subsidiaries and associated companies,” the company said.

The distinction may reassure users of the app ecosystem, but the regulator’s verdict is unequivocal. After years of warnings, caps and curbs, the payments bank experiment at Paytm is being shut down—decisively, and with little room left to manoeuvre.

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