Category: Business

  • Vikas Ecotech Ltd Grabs Major orders from Leading Companies

    Vikas Ecotech Ltd Grabs Major orders from Leading Companies

    New Delhi (India), March 2: BSE (530961) and NSE ( VIKASECO) listed Vikas Ecotech Ltd. engaged in the business of Speciality Polymers & Specialty Additives and Chemicals for Plastics & Rubbers industries, catering to a wide horizon of applications in Agriculture, Infrastructure, packaging, electrical, footwear, pharmaceuticals, automotive, medical devices and components and other consumer goods has announced a major development in its Specialty Chemicals & Compounds Business wherein it has received orders for its Organotin Heat Stabilizer material from HIL Limited, a  CK Birla Group company for application in the food grade drinking water plumbing systems, essentially the cPVC Pipes & Fittings. The current order received from HIL is valued about INR 20 Million and will be completed within 20 days and more orders are expected to follow.

    With the receipt of this order, the company has accomplished complete revival of the Organotin domestic customers and business post the disruptions caused during the pandemic situation.  Though an export of Organotin Material is also being pursued aggressively and is expected to start contributing again in company’s topline in 2-3 months down the line.

    Vikas Ecotech Limited is the only manufacturer of the FDA approved Organotin PVC Heat Stabilizers in India, the Organotin Stabilizers are essentially a PVC additive which is fast replacing the toxic heat stabilizers conventionally used in PVC formulations.

    The company recently announced cracking the technique to recover the precious “Tin Metal” component from the Process Residue generated during the production of Organotin Mercaptides. The success in recovery of Tin Metal will aid achieving better economics in terms of the costing of this material to the company. Post the technical breakthrough the company is eying a wider acceptance based on better costing, aggressive pricing for its customers, both facilitating an enhanced order book which will eminently add encouraging numbers to the Top Line and also ensure better profits from the Organotin manufacturing business.

    The company has also received an approval and the first bulk commercial order for the Flame Retardant Additive from the E V conglomerate the Renowned “Olectra Green-Tech Limited.” Olectra Greentech Limited– a subsidiary of MEIL Group is the India’s largest Pure Electric Bus manufacturer having manufacturing facilities at Hyderabad, India. Olectra is India’s first ever electric bus manufacturer having manufactured and deployed multiple variants of Electric Buses in India. After leading in the commercial run of electric buses, the company is expanding its product line in the e-mobility segment for 3-wheeler electric autos and electric trucks.

    Vikas Ecotech Ltd. is a New Delhi based company. Vikas Ecotech is the only manufacturer of Organotin (Heat Stabilizers for Vinyl applications) in lndia with in-house R&D facilities and is one of the single digit number of manufacturers of this product worldwide, who have technology and expertise for manufacturing this material right from Tin Metal to the final product.

    Vikas Ecotech is expanding its business and product portfolio has added many consumer (final) products to its conventional (raw material businesses) profile. The new business segments include Infrastructure Products like Steel Pipe Fittings, MDPE Pipes for Gas applications to its business lines.

  • Shivam Developers honored with Trendsetter 2022 award for being innovative leader in real estate

    Shivam Developers honored with Trendsetter 2022 award for being innovative leader in real estate

    March 2: Imagine what it means for a property developer to be officially recognized for making the lives of people a whole lot better? Along with a sense of pride for the developer, it means that the company has a reliable brand that people can trust. One such real estate developer, Shivam Developers, has been honored with the Trendsetter 2022 award by Times Applaud, a leading press release and public relations organization.

    During a mega-event held recently in Mumbai, the Honorable Governor of Maharashtra, Shri Bhagat Singh Koshyari bestowed the Trendsetter 2022 award to Shivam Developers, for its remarkable project Thane Next. The company was also recognized for being an innovative leader in the field of real estate.

    Rarely do we hear about the recognition of individuals, leaders, and organizations who can affect positive change in society as a whole through the work they do to make our lives a bit easier. But, Times Applaud understands the importance of appreciation. Hence it organizes the Trendsetter award every year to recognize outstanding leaders who deliver remarkable and quality services to society.  Apart from these leaders, Times Applaud also understands the need to appreciate property developers who strive to make the lives of people a lot better. Hence, Times Applaud thought it only to be proper to also award a reliable and innovative real estate business like Shivam Developers with the Trendsetter 2022 award.

    Shivam Developers puts in the best of efforts, along with quality building materials that the company uses, to build housing projects that enable people to live comfortably with all the modern-day amenities they deserve.

    Shivam Developers has evolved as one of the market’s most sought-after brand, with a record of over 25 years in the field of innovation. They have completed more than 20 residential and commercial projects. The company believes in providing value to all by developing products and services that improve people’s experience of life THROUGH GATED COMMUNITIES that are safe and secure.

    Shivam Developers believes in combining cost, quality, and on-time delivery for the people they serve. The company is gaining the clients’ trust with their dedication and openness. Shivam Developers understands that home is still the best place on earth for its clients who want it also to be affordable.

    Hence, the company has put construction in full swing at Thane Next its new project in Temghar, Bhiwandi, a city in the Thane district of Maharashtra.

    The project is spread over 2.7 acres and offers 1 BHK, 2 BHK, of sizes that start from 340 sq. ft. to 650 sq. ft.

    Thane Next is designed to provide inhabitants with a comfortable living environment and is built with modern architecture that gives the impression of a wealthy lifestyle. Thane Next by Shivam Developers is well built and positioned in a desirable neighborhood, keeping the customers’ needs in mind. The interiors are tastefully furnished, and the exterior of the property is stylish, which draws you in. At Thane Next, the residences are full of beautiful ambiance, and the cool running breeze throughout the rooms makes Thane Next the ideal comfort zone for people to live in harmony and tranquility.

    Shivam Developers is promoting Thane Next as a new housing revolution and the project surely is as it has 51+ exclusive amenities including:

    1. Voice controlled home
    2. Premium or exclusive Balcony lifestyle
    3. Mini theatre
    4. Co-working space in the clubhouse
    5. Mandir
    6. Open banquet Party lawn
    7. Kids pool
    8. The exclusive air-conditioned lobby
    9. Fully furnished homes
    10. Wifi free homes
    11. 100% Vastu compliant
    12. Indoor games
    13. Exclusive air-conditioned Gym
    14. Cricket & football turf
    15. Library

    The flats are fully furnished and you can book 1 BHK for Rs.29.99 lakh without any stamp duty and registration charges.

    Shivam Developers have provided a flexible payment option on booking your residence at Thane Next.

    – 100% loan assured

    – lowest down payment

    – down payment assistance

    The project is also located with the comfort of people in mind, as Thane Next it is:

    5 minutes walk away from Temghar Metro Station; 5 minutes drive from Mumbai-Nashik Expressway, and 10 minutes drive from Bhiwandi Bus Depot as well as Bhiwandi Station.

    By recognizing Shivam Developers for the Thane Next project, Times Applaud has only raised the bar for other property developers to deliver better projects. Shivam Developers has now become a path leader for other property developers and hence justly bestowed with the Trendsetter 2022 award, which it received at Governor’s House Raj Bhavan in Malabar Hill, Mumbai, on February 24, 2022.

    We wish Shivam Developers all the best for its future endeavors and building projects. Website –www.shivamresidency.in

  • Kingston Technology Felicitates the Channel Partners for their Exemplary Work

    Kingston Technology Felicitates the Channel Partners for their Exemplary Work

    Partner Winners with Grand Trophies and other accolades

    New Delhi (India), March 2: Kingston Technology, the world leader in memory and storage products, recently felicitated over 48 channel partners for their stellar performance and support to grow the brand in leaps and bounds in2021. The company has selected 48 partners based on their business performance, consistency, and strength in their respective markets, across various product lines including SSD, DRAM, USB drives, and memory cards. The recognition includes a rolling trophy for the winners and an opportunity for all channel partners to share their feedback for the products as well as campaigns.

    Over the years, the channel partners have been one of the biggest growth drivers for Kingston Technology, and the initiative is another step towards giving an impetus to the engagement with the partners.  The response from all partners was unanimous and positive, with everyone going out of the way to appreciate Kingston Technology for its product offerings, processes, customer-oriented approach, and market leadership. The initiative is another unique effort by the company to keep the Channel Partners motivated for their dedication and diligence.

    “At Kingston, we believe in adopting a channel friendly approach. Taking ahead our motto of growing with our partners, we are honored to felicitate our partners for their hard work and dedication. We have always worked towards strengthening the ecosystem for our partners and empowering them by bringing a plethora of business opportunities for them. In the coming years as well, the continued focus area will involve channel engagement and empowerment activities, developing the network and rapidly increasing channel strength to establish a strong foothold in various regional markets.”, said Mr. Tejashwar Singh, India Sales Head, Kingston Technology. 

    Kingston Technology, with a compelling range of products and market expertise provides a platform for all channel partners to improve and grow in terms of revenue and reach. The company also provides proactive training sessions on an ongoing basis which underlines the belief that the channel partners are truly considered partners in the company’s growth story.  In addition to this, Kingston will continue with the 360-degree marketing approach and will come up with compelling campaigns which cuts across PR, Social, Digital, and Traditional media, in order to touch the lives of the new age users.

  • Simpolo Vitrified strengthens its presence in Una, Himachal Pradesh

    Simpolo Vitrified strengthens its presence in Una, Himachal Pradesh

    Opens its 77th ‘Exclusive’ Showroom in India

    The 3800 Sq feet ‘Simpolo Gallery’ to have an exclusive and elegant range of Tiles and Sanitaryware for every need of Households, Builders and Architects under one roof

    New Delhi (India), March 2: Showcasing the company’s production and technological excellence at one place, Simpolo Vitrified Pvt Ltd– one of India’s leading and innovative tiles brands has inaugurated its 77th exclusive showroom ‘Simpolo Gallery’ in Una, Himachal Pradesh. Spread in the area of3800 sq ft, the exclusive showroom in Una offers the exclusive and elegant range of tiles and sanitaryware including Simpolo’s best selling products i.e., Dry Granula, Sintered Compact Surface among others. Hrithik Roshan is the brand ambassador of Simpolo Vitrified.

    The exclusive showroom is opened in franchisee model in association with M/s. Aggarwal Home Solution and strategically located Near Dayal Sweet, Opposite Durga Colony, Nangal Highway, Una, Himachal Pradesh. The showroom was inaugurated on 27 February, 2022.

    On the Grand opening of the showroom Mr. Bharat Aghara, CMO, Simpolo Group, said, “Himachal Pradesh is the hub of Asia’s biggest pharma cluster and one of the prominent tourist destination. This showroom promises to take Una’s tile shopping to a different level of richness in design and visual experience. Trusted for reliability, adaptability, innovation, quality consciousness, Simpolo Vitrified has created a strong brand identity which is recognised globally.”

    Una showroom is expected to meet all the tiling needs of every classy House Builder, Architect and aimed at adding style statement &enriching the indoor space. An innovative collection of company’s most exquisite designs and versatile range including company’s best selling range 1200×2400 Dry Granula first in class along with 1200×1800 Posh Surface, Sintered compact surfaces, 16 mm Rockdeck Series for outdoor applications, Kitchen top, Double Charge & Glazed Vitrified tiles, wall tiles etc. will be on the display at the showroom. The displays are designed to give customers a feel of how each tile will look in its actual use and inspire designers to go further from there.

    Simpolo Vitrified is aiming to become among the top players in Himachal Pradesh in the coming time, the company will be opening more showrooms and strengthening its dealer – distributor network in the state.

    Himachal Pradesh’s tiles industry has been witnessing a strong growth year-on-year due to the vibrancy of Tourism activities, industrial development in Pharma, IT industries and steadily growing infrastructure activity, real estate and housing sector.

    Speaking on the occasion, Mr. Ashwani Asija (GM – North 1) Simpolo Vitrified, said, “Una is well known for its elite taste and sense of aesthetics. With the showroom, we hope to match up with their requirements by offering an exclusive range of products to them and their clients and customers who always prefer the best when it comes to home and hotel décor.”

  • Simpolo Vitrified strengthens its presence in Mohali, Punjab

    Simpolo Vitrified strengthens its presence in Mohali, Punjab

    Mr. Bharat Aghara, CMO, Simpolo Vitrified inaugurating Simpolo Showroom in Mohali, Punjab

    Opens its 76th ‘Exclusive’ Showroom in India

    The 2000 Sq feet ‘Simpolo Gallery ‘ to have an exclusive and elegant range of Tiles and Sanitaryware for every need of Households, Builders and Architects under one roof

     Mohali (Punjab) [India], March 1: Showcasing the company’s production and technological excellence at one place, Simpolo Vitrified Pvt Ltd– one of India’s leading and innovative tiles brands has inaugurated its 76th exclusive showroom ‘Simpolo Gallery’ in Mohali, Punjab. Spread in the area of 2000 sq ft, the exclusive showroom in Mohali offers an exclusive and elegant range of tiles and sanitaryware including Simpolo’s best selling products i.e., Dry Granula, Sintered Compact Surface among others. Hrithik Roshan is the brand ambassador of Simpolo Vitrified.

    The exclusive showroom is opened in the franchisee model in association with M/s. Tiles Art Gallery and strategically located at Plot No 411, Sector 82, JLPL Industrial Area, Sas Nagar, Mohali (Punjab) – 160055. The showroom was inaugurated on 26 February 2022.

    On the Grand opening of the showroom Mr. Bharat Aghara, CMO, Simpolo Vitrified, said, “Mohali has emerged as the next big real estate and industrial destination in Punjab. Development of IT park, Aero City, and International airport have propel the growth of real estate and infrastructure activity in the city. Company’s Mohali showroom promises to take tile shopping to a different level of richness in design and visual experience that will make some of the premium brands rethink their strategies competing in the city. Trusted for reliability, adaptability, innovation, quality consciousness, Simpolo Vitrified has created a strong brand identity which is recognised globally.”

    Mohali showroom is expected to meet all the tiling needs of every classy House Builder, Architect and is aimed at adding style statement & enriching the indoor space. An innovative collection of company’s most exquisite designs and versatile range including company’s bestselling range 1200×2400 Dry Granula first in class along with 1200×1800 Posh Surface, Sintered compact surfaces, 16 mm Rockdeck Series for outdoor applications, Kitchen top, Double Charge & Glazed Vitrified tiles, wall tiles etc. will be on the display at the showroom. The displays are designed to give customers a feel of how each tile will look in its actual use and inspire designers to go further from there.

    Simpolo Vitrified is aiming to become among the top players in Punjab in the coming time, the company will be opening more showrooms and strengthening its dealer-distributor network in the state.

    State’s tiles industry has been witnessing a strong growth year-on-year due to the vibrancy of Corporate India, steadily growing infrastructure activity, real estate, and housing sector. 

    Speaking on the occasion, Mr. Ashwani Asija (GM – North 1) Simpolo Vitrified, said, “Mohali is well known for its elite taste and sense of aesthetics. With the showroom, we hope to match up with their requirements by offering an exclusive range of products to them and their clients and customers who always prefer the best when it comes to home décor.”

  • FICCI FLO to Organize ‘FLO Word Fest’ at Gujarat University

    FICCI FLO to Organize ‘FLO Word Fest’ at Gujarat University

    March 1: With an aim to providing a robust platform to inculcate the habit of reading books among the citizens and especially the youth in today’s rapidly growing digital era as well as encouraging budding writers, poets and literary figures, FICCI FLO Ahmedabad is to organize a two-day ‘FLO Word Fest’ on 4th and 5th March, 2022 at the Gujarat University. The Word Fest will feature a wide range of Gujarati, Hindi and English language books as well as self-published books, traditionally-published books, children’s books, fiction, non-fiction and general books among others.

    The two-day Word Fest will feature a variety of interesting events, including the highly-anticipated presence of well-known authors such as Bhawana Somaaya, Koral Dasgupta, Ravindra Singh, Abhishek Jain, Dr. Nimit Ojha, Priya Narayanan, Utkarsh Patel, Kevin Missal and author and publisher Esther David , Manhar Oza, Revanta Sarabhai in conversation with Yash Vyas & Dr. Prashant Bhimani on Mental Health Awareness, where they will discuss with the public and also present their views on various issues covering all aspects and genres related to literature.

    In addition to this a mobile book van was placed at the entrance of Gujarat University under the ‘Book Exchange Drive’ for the last one month. Interestingly, it has collected more than 1200 titles to date which will be given away to the prison inmates, old age homes and mobile library in deprived area.

    Commenting on the ‘FICCI Word Fest’, spokesperson of FICCI FLO said, “We are immensely excited to organize a word fest for the book-lovers of Ahmedabad city. It is very essential to inculcate reading habits from the very beginning so as to create a healthy and thoughtful society. Therefore, we have organized the fest with an aim to providing wonderful reading materials to people of all age groups including the youth. It will be beneficial for both of us. We hope that a large number of people will make the most of such a worthy word fest.

    Writers from all walks of life will be able to display and sell their books at the Gujarat Publishers’ Book Stall at ‘FICCI FLO Word Fest,’ providing a unique opportunity of Vocal for Local to both budding and established authors. This fest will surely enable authors to present their books to a large number of visitors.

  • Rakuten Symphony agrees to acquire leading US-based cloud technology company Robin.io to deliver highly integrated telco-cloud for mobile

    Rakuten Symphony agrees to acquire leading US-based cloud technology company Robin.io to deliver highly integrated telco-cloud for mobile

    Focused on reliable high performance, cost efficiency, multi-domain automation

    Delivering on today’s mobile operator needs in the simplest way and preparing for the next generation of 5G and Enterprise cloud-native deployments & operations

    Partha Seetala to lead Rakuten Symphony’s Unified Cloud business unit

     Tokyo, Japan and San Jose, California, March 01– Rakuten Symphony, Inc. today announced an agreement to acquire leading Silicon Valley-based cloud technology start-up, Robin.io. The addition of Robin.io’s multi-cloud mobility, hyper automation and orchestration capabilities to the Rakuten Symphony portfolio allows the creation of highly efficient, consistent high performance cloud infrastructure and operations, from edge to central data center.

    Collaboration between Rakuten and Robin.io has already been underway for more than two years, since Rakuten Mobile leveraged Robin.io in production for the Japan deployment of the world’s first end-to-end fully virtualized cloud-native mobile network*1. Understanding the high performance requirements of mobile radio and network applications, combined with the need for financial efficiency and automated operation for scale, enabled Rakuten Mobile and Robin.io to create a complete cloud-native offering to deliver and manage the most demanding applications of this and the next era. Now, Rakuten Symphony and Robin.io are coming together to further accelerate and strengthen the complete end to end automated cloud offering for customers across the globe.

    “Edge cloud requirements are unique and critical as mobile operators transition to 5G: The next era of digital experience requires another level of performance, responsiveness and consistency that enables telecom operator and enterprise transformation to be safely accelerated while creating a platform to support the next 10 years of experiences. Robin.io’s cloud capability is proven to be effective for the most demanding workloads in mobile and we believe it will allow Rakuten Symphony to safely accelerate cloud-native transformation for our customers and prepare the industry for the future,” said Tareq Amin, CEO, Rakuten Symphony. “We plan to continue to invest into Robin.io’s cloud-native portfolio of products to further advance our capabilities and offer the most advanced and highly integrated cloud platform mobile operators demand.”

    “I am delighted that Robin.io’s technology innovations over the last several years will now get a much bigger canvas to lead the vision for cloud-native transformation for the industry. Our vision to deliver simple to use, easy to deploy hyperscale automation is very well aligned,” said Partha Seetala, CEO, Robin.io. “We believe Robin.io’s customers will hugely benefit from the synergies of cloud-native technology innovations from Robin.io, and the open competitive infrastructure solutions and global scale of Rakuten Symphony. This is indeed an exciting phase for us as we work together to bring a much larger ecosystem together to deliver higher value for our customers globally.”

    With over 70 patents in the cloud-native technology space, Robin.io offers a highly differentiated and comprehensive product portfolio, including the following:

    • Robin Cloud Native Storage (Robin CNS) – An award winning, high performing, software-defined and industry-first application-aware storage solution that has been built from the ground-up for Kubernetes.
    • Robin Cloud Native Platform (CNP)A leading open-source platform optimized for running data and network intensive applications used in production for various use cases involving databases, big data, data analytics, 5G, O-RAN, packet core &edge.
    • Robin Multi Data Center Automation Platform (MDCAP)The web-scale platform for metal-to-service orchestration and automation.

    Robin.io has petabyte size deployments with its software running on tens of thousands of servers in production today that span across its product portfolio and services Fortune 1000 customers across the Americas, Europe and Asia.

    Adding Robin.io’s portfolio for cloud-native deployment, lifecycle management and orchestration allows Rakuten Symphony to deploy highly reliable, flexible, scalable, secure and resilient mobile networks built on the principles of open interfaces, virtualization and interoperability. Together, the combined companies will also be able to deliver industry leading solutions for various traditional enterprise opportunities in areas of enterprise applications, data management, cloud and virtualization. Following the acquisition, Partha Seetala will take up the position of President of the Unified Cloud business unit of Rakuten Symphony.

    The transaction is subject to closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and other customary closing conditions. The terms of the acquisition are confidential.

    *1 For a large scale commercial mobile network (as of October 1, 2019). Research: Stella Associate

    Rakuten Symphony is reimagining telecom, changing supply chain norms and disrupting outmoded thinking that threatens the industry’s pursuit of rapid innovation and growth. Based on proven modern infrastructure practices, its open interface platforms make it possible to launch and operate advanced mobile services in a fraction of the time and cost of conventional approaches, with no compromise to network quality or security. Rakuten Symphony has headquarters in Japan and local presence in the United States, Singapore, India, Europe and the Middle East Africa region.

    For more information, visit: https://symphony.rakuten.com/

     Robin.io provides cloud-native capabilities that automate deployment, scaling and lifecycle management of enterprise and 5G applications on Kubernetes. The company’s core technology uses application bundles and application pipelines, which are automated through patented infrastructure and application-topology awareness technology. Robin.io allows developers and platform engineers to deploy and easily manage data rapidly- and network-centric applications—including big data, NoSQL and 5G—independent of underlying infrastructure resources.

    Headquartered in Silicon Valley, California, Robin.io solutions are recognized by Gartner, IDC, GigaOm and others for their innovation and reliability.

    More at www.robin.io and Twitter: @robin4K8S.

     

     

  • Mrs. Asmi Amol Pangam gets the Trendsetter 2022 award for making a strong name for herself in the real estate sector

    Mrs. Asmi Amol Pangam gets the Trendsetter 2022 award for making a strong name for herself in the real estate sector

    March 1: Today’s women are rubbing their shoulders with men in all sectors of the economy. Be it banking, finance, retail, fashion, entertainment, hospitality, or even the once male-dominant real estate industry, if you look anywhere, women are showing their prowess and standing taller than men.

    Joining the league of successful women entrepreneurs is Mrs Asmi Amol Pangam, the co-founder of Diivyamtej Buildcon PVT LTD. In an event organized by Times Applaud on 24 Feb 2022, Mrs Asmi Panjam was presented the Trendsetter award for showing her excellence in the real estate industry. The Honorable Governor of Maharashtra, Shri Bhagat Singh Koshiyari, conferred the award to her at Raj Bhavan, Mumbai.

    Talking about Asmi Amol Pangam’s real estate credentials, the woman has been highly praised for selling 4000 real estate units in just three years. She has good knowledge and experience selling Land Parcel in and around Mumbai. The businesswoman is handling a 400 staff members team. She motivates all of them to work hard & deliver their commitments on time.

    Asmi Amol Pangam entered the Real Estate Sector, soon after graduation. She started working and gaining experience under a reputed Builder. She established her Proprietorship Firm in 2021, and come 2022; she joined hands with Krrish Murthhy to lay the foundation of Diivyamtej Buildcon Pvt Ltd. Kriish Murthhy is a successful builder from Kerala with several promising projects to his name, that includes Flats, luxurious Bungalows, Row Houses, etc. Both the co-founders of Diivyamtej Buildcon Pvt Ltd are passionate about their work and have an in-built drive to be creative and innovative in their projects.

    As a young woman businessperson, Asmi Amol Pangam works day and night to make a significant mark for herself. With her past ten years of experience, she has built a sharp business acumen and passion for real estate and is always at client service. She helps them unlock the true potential of real estate.

    Asmi Amol Pangam is a dream catcher. She helps people realize their dreams of finding the perfect plots for their perfect homes and workplaces. Besides being committed to making next-generation living spaces, more contented, Asmi is an ardent reader with a charming persona. Her achievement is worth applauding, and so is her success story, which is inspirational and encourages many ladies to follow her footsteps. Her journey speaks about her sheer will, hard work, and dedication to make it big.

    Asmi has defied the set gender roles and has been breaking barriers and shattering stereotypes to make her presence felt in a sector considered a domain of men, for decades. Website – www.diivyamtej.com

  • These young entrepreneurs have something exciting coming up

    These young entrepreneurs have something exciting coming up

    Surat (Gujarat) [India], March 1: People’s interest in crypto has skyrocketed in the past few years. It’s a hot topic not only among the investors but in popular culture too. However, when it comes to cryptocurrencies, one of the biggest challenges for investors is not getting proper guidance, particularly for the investors who are new to digital currencies. As crypto is an emerging concept, a large chunk of people is still not equipped with proper crypto literacy. Therefore, it’s essential that they develop a sense of how the digital-currency world works before start venturing out into the world of crypto. To promote safe crypto investment among newbie investors, the entrepreneur trio of Meet Godhani, Pratik Bodra, and Parth Parsana is all set to launch a cryptocurrency.

    Meet Godhani, Pratik Bodra, and Parth Parsana these young entrepreneurs have over six years of experience in the field of cryptocurrency and are working to launch a cryptocurrency based on Web 3.0 which will have Metaverse, DeFi, and NFTs as its utility.

    Meet Godhani says “Metaverse and NFTs are going to be the next mainstream in the world. Metaverse is the virtual world where you can explore anything just like how you do it in the real world. People can interact and explore places like never before. The one place for learning and earning that no one can control, and that is the power of Blockchain.’’

    Physical money and cryptocurrencies are “fungible,” meaning they can be traded or exchanged for one another. They’re also equal in value—one dollar is always worth another dollar; one Bitcoin is always equal to another Bitcoin. Crypto’s fungibility makes it a trusted means of conducting transactions on the blockchain.

    On the other hand, NFT stands for non-fungible token. It’s generally built using the same kind of programming as cryptocurrency, like Bitcoin or Ethereum, but that’s where the similarity ends. We are in the early days of the NFT world. For many, the jury is still out on NFTs and the impact that they will — or won’t — have on society.

    Parth Parsana says “NFTs are risky because their future is uncertain, and we don’t yet have a lot of history to judge their performance. But keep in mind, an NFT’s value is based entirely on what someone else is willing to pay for it. Therefore, demand will drive the price rather than fundamental, technical or economic indicators, which typically influence stock prices and at least generally form the basis for investor demand.”

    “Cryptocurrencies are volatile and unpredictable. It is very important for an investor to not get caught up in the hype. If you’ve decided to invest in the cryptocurrency market, as with any other investment, it is important to do your research. We here will also guide you through things you should know before you invest and always remember Timing is the Key’’ says Pratik Bodra.`

    As cryptocurrencies are getting closer to mainstream asset classes, both seasoned and beginner investors require proper support and guidance to minimize financial risks in the volatile of crypto. In this scenario, the entrepreneur trio is looking forward to easing out the crypto journey for investors with their newest initiative.

  • “Hospitality sector is all set to revive again,” says international restaurateur Sanjeev Nanda

    “Hospitality sector is all set to revive again,” says international restaurateur Sanjeev Nanda

    March 1: A positive outlook and resilience – these are the two qualities that define the hospitality sector. In the face of the multiple waves of the pandemic, the restaurant and hotel businesses have held their ground. Despite all the ups and downs, the hospitality sector remained a close-knit community, working towards thriving, come what may. And now the industry is all set to revive again, says international restaurateur Sanjeev Nanda.

    Nanda, who runs popular restaurants in Dubai like Miss Tess and Billionaire Mansion, is quite optimistic about the pace at which the restaurant businesses across the globe are overcoming the disruption in operations caused by the pandemic. And his belief is backed by strong evidence that emerges from various industry reports that point out that the global hospitality industry is up for an easier time in the coming months as business continues to grow.

    Of survival and revival

    Irrespective of the general sentiment that the hospitality sector has received a huge blow amid the worldwide scare of Omicron, industry leaders report a slight dip of 10 to 15 per cent in the overall revenues of hospitality businesses as compared to the time when the first Covid wave struck. According to Sanjeev Nanda, a major factor at play behind this has been the increased levels of preparedness that businesses have shown ever since the disease first emerged.

    “The first wave brought us face to face with the fact that we all need to stay prepared for the unseen challenges. Yes, it was a challenging time for the industry, but it was also a time full of new learning. It taught us to move past the profits once and operate on survival mode. It taught us to never lose patience in the event of a crisis and wait for it to pass so that the business can thrive once again,” says the Miss Tess owner.

    The changing face of hospitality

    The Covid crisis forced every single person to expand their horizons and cooperate with the others to make this world a safer and healthier place for everyone. It is only due to the sheer diligence on part of healthcare workers and pharma companies that the world now has a wide array of preventive measures like vaccines in place, which is a huge propellant for businesses irrespective of the sector.

    Hospitality is also reaping the benefits of vaccination drives and awareness programs run by the governments across the globe. According to Sanjeev Nanda, continuous efforts and mutual cooperation among various industries has not only helped the world sail through the third wave of infection, but it has also helped hospitality businesses come up with unique solutions. The involvement of tech-based operational techniques is putting restaurant businesses in a stronger state than ever, which is the reason why the hospitality sector is thriving despite facing a difficult time.