Tag: Business

Mumbai (Maharashtra) [India], April 1: In a world of WhatsApp forward and Snapchat streaks, Email remains to be the classic and essential tool for businesses to grow and prosper. Using just any mail for your business doesn’t show your audience how authentic the business is or how serious you are to your clients. Hop on the bandwagon, or more say a queued line of professional etiquette and get an email that reads your brand’s name and is hassle-free. “Mails can be annoying, but they won’t be anymore,” says the folks at one of India’s premier cloud Email hosting companies, Tizzy.

Tizzy Cloud Computing Private Limited is a Premier Cloud Email hosting company that your business needs to get everything in order. It was incorporated on 12th April 2018, and has been having a successful run since then. These many years of tested and proven track record of Tizzy Mail are, in itself, its best testimony. They offer all sorts of services, from sorting your mail to making sure you receive your mail, keeping your inbox free from spam and phishing scams, sending Emails faster than any other service, and having the fastest IMAP mail sync even for 25 GB+ mailboxes—all of this at dirt cheap prices. Tizzy has the lowest price in the history of the Cloud Business Email Hosting Industry. You can get Tizzy Mail at just Rs.100/user/year for 5 GB Mailbox. It has a super easy and quick activation, setup, and easy migration too. So, if you’re afraid that you already have an outdated one, no worries, you can transfer to the new Tizzy one without any hassle with the guarantee of losing no emails in the process.

There are already so many businesses and clients using Tizzy and have almost zero complaints. With Tizzy, you are ensured, no fuss, no negligence, no-nonsense. Their setup is so easy. Even a baby could do it. We could sing volumes of praises about the facilities they have.

Beginning with their massive storage of up to 50 GB of mail and up to 50GB of attachments. They also have a convenient 30-day backup facility. Now with Tizzy, you won’t have to get annoyed anymore. You can wave goodbye to DNS warnings and enjoy a smooth experience.

It is a company you can trust with your information and mail. Their cloud email service proves to be the best in the market. They have their data centre located in Mumbai and are ready to help you with anything anytime, but they pride themselves that it won’t come to that since their cloud email service has run so smoothly throughout. They guarantee better performance than others because they don’t use an on-site server for the same work. Your business can become and present itself to be legit now by just using their email cloud. Let the cloud take the brunt of the emails while you busy yourself with actual important tasks. Get Tizzy now!

To know more, Visit:

https://www.Tizzycloud.com

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post Premier Email hosting services at Pocket prices with Tizzy cloud Email service appeared first on Republic News Today.

C & B is organising a panel discussion with BSE experts and entrepreneurs who have travelled the IPO journey on “Capital and Growth of SMEs of India” this April along with Madras Management Association

Chennai (Tamil Nadu) [India], April 1: The SME sector in India has emerged as a dynamic and highly vibrant sector of the Indian economy in the last five decades. There is an estimation of more than 63 million SMEs in India which employs a workforce of around 106 million, forming a key pillar of the Indian economy.

With the path-breaking initiative towards bringing about a more transparent taxation process by the Government of India along with the Make in India campaign, the Indian business sector has received an impetus to boost the SME sector in the country.

The growth of an organisation is inevitably a positive change. It also brings with it certain challenges such as handling and optimising resources like money, manpower, inventory, an adaptation of technology, etc. Such challenges have to be dealt with expertise and a planned approach to create a better impact and drive organisational change. While the business and entrepreneurial skills help in growth and innovation, financial and management expertise & skills help get a bird-eye view to understand the nuances related to return on investments, handling operational challenges, implementing new processes, dealing with human resources, etc.

With an experience of 24 years, Consulting and Beyond (C&B) team supports SMEs in the areas of Budgeting and Profit Maximization, Inventory Optimisation, Debt structuring, GST Advisory, Valuation and Equity Fund Raising, Monthly Financial and SOP Audits, thereby becoming their catalyst for growth. The USP of the organisation is their courage to implement solutions at the ground level by bringing together the client and employees throughout the engagement journey, as reiterated by Umesh Golecha, founder of C&B, “Our work starts where other consultants typically stop“.

Consulting and Beyond is a name to be reckoned with in the field of advisory firms to family-managed SME businesses. Founded by Umesh Golecha, a Chartered Accountant & Alumnus of IIM Ahmedabad and Rathandeep Umesh, an MBA, certified business valuer and executive program professional from IIM Calcutta, it is one of the most successful financial advisory firms due to their innovative and solution-driven approach to implement ideas and convert them into reality. The success of the organisation’s client matrix is measured by high retention that is accomplished year-on-year and a huge majority of the new client through referrals from existing clients.

Some of their success stories and testimonies can be witnessed in the form of scale-up of retail chain more than three times over five years; winning accolades by one of the clients in manufacturing for the best brand of South India through operational efficiency at their plant; several successful implementations of full-fledged ERP in tier 2 & 3 cities of Tamil Nadu. During the recent pandemic of COVID 19, the finance team of C&B has helped many organisations acquire profits despite occupational disruptions through a professional business plan and thoughtful fund management strategy curated to their requirements. More than 700 Crore of funding liaised through debt over the years along with the above. Valuation of SME is still a very nascent industry, and it will see its growth with more private company transactions and buy-sell transactions of family-owned businesses.

C&B derives its strength through a strong professional team of over 75 members, with most of the leadership team being associated with the founders for a long period. Good team-building measures, strong processes in executing projects, along with periodic training of resources have made all these possible over the years. The organisation’s philosophy is rooted in their guru Mahatria’s reinforcement, “change is the only constant” that drives the entire team and makes them stand apart from other organisations in the Management and financial consulting space.

Based on the history of success, C&B is now rightly placed to take the SMEs to the next level by implementing operational changes, improving their finances, enabling them to create wealth for their business through IPOS.  With Management consulting and financial advisory services as key offerings, C&B always looks for growth-focused entrepreneurs willing to create business legacies in their industry. As an organisation, they take pride in retaining their existing clientele portfolio and expanding their association with new ones. Their positive and pragmatic approach has made them one of the industry’s most sought-after consultants.

Apart from the services they offer, they also organise knowledge-sharing webinars/workshops for industry stakeholders as well as for upcoming financial experts.

They are organising a panel discussion with BSE experts and entrepreneurs who have travelled the IPO journey on “Capital and Growth of SMEs of India” on 12^th April 2022 along with Madras Management Association at Chennai from 6-7 pm.

To join the event and for a free consultation on Road to IPO from experts, register here: https://forms.gle/uLipzxbR4UVsrZMY6

For more information on C&B’s Consulting practice, Contact:

Rathandeep Umesh / rathandeep@candbindia.com https://candbindia.com/

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post Consulting and Beyond’s Capital and Growth for SMEs of India, a panel discussion with BSE experts and entrepreneurs to be held in Chennai at MMA appeared first on Republic News Today.

New Delhi (India), April 1: The Indian Radiological & Imaging Association (IRIA), in collaboration with Corporeal Health Solutions (CHS), a Chennai-based company that specialises in providing innovative, cognitive Artificial Intelligence-based technology to the healthcare industry, is proud to present state-of-the-art screening systems that streamline COVID-19 and tuberculosis protocols at international airports. Named CHOCO, this innovative product is the first-of-its-kind to be introduced in Asia. It was inaugurated at Kempegowda International Airport, Bengaluru (BLR Airport) by Dr. Pushpraj Bhatele, President of IRIA, on 25^th March 2022 in the presence of numerous dignitaries.

The enhanced screening solutions combine state-of-the-art Artificial Intelligence and chest X-rays, and deliver results within nanoseconds. Various imaging modalities are used, and potential abnormalities that may not otherwise be detected beyond a clinical setting are instantly traced. This dramatically reduces the standard passenger waiting time of hours, and ensures a queue-free environment at airports. Additionally, the last two years of the pandemic have shown that existing screening systems at international ports of entry are inadequate, and CHOCO eliminates the time and cost issues that have so far prevented effective detections that can prevent travel-related infections in the larger community.

Since the beginning of the pilot study of four weeks conducted by IRIA in collaboration with Bangalore International Airport Ltd (BIAL), over 1500 passengers have volunteered and were successfully screened at BLR Airport using the new technology. It was found that interruptions to the passengers’ journeys were extremely minimal, with the entire procedure taking under five minutes per passenger. The results were accurate and promising, detecting communicable diseases even in asymptomatic patients. The radiation exposure was also found to be minimal. CHOCO offers a viable method for airports around the world to streamline their passengers’ medical screening cost-effectively and efficiently.

Speaking on the launch of CHOCO, Dr. Mona Bhatia, Coordinator of the AI Committee at IRIA, says, “IRIA is a premiere institution in India and is always looking for ways to improve healthcare. During the pandemic, we observed the problems faced in the screenings at the entry and exit ports and saw the need for a solution that was faster and economically viable. Thus, IRIA joined hands with CHS, together with the help of BIAL, to come up with this innovative solution. We believe CHOCO’s enhanced screening solution will inspire ports around the world to implement the same.”

Dr. (Major) Vimal Raj, Imaging Diagnostic Adviser at CHS, adds, “CHS is a health-tech company that is changing the way technology is being used for delivering healthcare and diagnosing diseases. We have leveraged our expertise in Artificial Intelligence and Machine Learning to create CHOCHO, thus improving the speed and accuracy of the entire airport screening process, which has become a necessity during the pandemic. Multiple trials across the country have shown exemplary results, and our pilot study has become a valuable case study that proves the viability of the product.”

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post IRIA and CHS collaborate to introduce the first AI-based Covid-19 and TB screening systems at international airports in India appeared first on Republic News Today.

(L to R) Aleks Koha – CEO of Promoty OU and Yateesh Srivastava – CEO of IMP Marketing Services

Mumbai (Maharashtra) [India], April 1: Promoty OU, a European Influencer Management Platform based in Tallinn, Estonia, has formed a joint venture (JV) with IMP Marketing Services to introduce their products and services in India and Southeast Asia. As part of the JV, Promoty OU will own 40% stake in the new joint venture and licence their platform to IMP Marketing Services.

Promoty offers an innovative platform where brands can filter database of influencers by their statistics, audience age, location, and other demographical aspects. Brands can further check detailed insights for every influencer in the world with respect to followers’ growth over time, previous collaborations, interests, similar profiles and notable followers. This automated process makes interaction between influencers and brands considerably more efficient and effortless.

“Currently a major chunk of the market is based on personal and non-automated interactions between brands, agencies and influencers and this results in lower compensations and delayed payments for influencers”, said Yateesh Srivastava – CEO of IMP Marketing Services. “These are some of the major challenges which we will address along with bringing in a fresh global database and perspective to the industry at large.”

Commenting on the JV, Aleks Koha – CEO of Promoty OU said, “We are excited to partner with IMP Marketing Services for our maiden foray into the Indian market. The influencer marketing segment in the country is at a nascent stage and has a huge growth potential in the coming years. Today many brands worldwide would like to reach out to their customers through an organic and non-advertising manner and this is where Promoty intends to differentiate itself through efficient workflows and advanced analytics that will allow both brands and influencers to make smarter decisions based on data.”

In India, influencer management platforms are still in their infancy, with lifestyle and fashion influencers dominating the industry followed by beauty and travel. Food, entertainment, parenting, health, and fitness influencers are also on the upswing in the influencer list. The JV will allow Promoty OU and IMP Marketing Services to grow its footprint in India’s enormous market and subsequently into rising Asian economies like as Indonesia, Vietnam, Thailand, Korea, and Japan.

Promoty was founded in Estonia in 2017 by Aleks Koha and Leonardo Romanello. Promoty has run over 4000 influencer marketing campaigns in eight markets focusing on the Baltics, Scandinavia, and The Netherlands. Promoty believes that the strongest collaborations are born when brands find influencers who are already their fans. Promoty’s mission is to become the global market leader in providing valuable, meaningful, and authentic relationships between marketers and influencers.

IMP was founded in India in 2021 by Yateesh Srivastava – an established business leader – and Ishika Bhargava – a Gen Z influencer with over 300k followers on Instagram. IMP intends to use the Promoty platform to change the face of influencer marketing in India by expanding its reach and mining valuable insights based on advanced data analytics. IMP intends to expand its footprint into other emerging Asian markets after establishing a strong presence in India.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post Promoty OU – European influencer management platform inks JV with IMP Marketing Services to enter India appeared first on Republic News Today.

Mr. Saurabh Nanavati, Chief Executive Officer, Invesco Mutual Fund

NFO Opens: 30^th March 2022; Closes: 13^th April 2022

New Delhi (India), April 1: Invesco Mutual Fund announces the launch of its new fund Invesco India – Invesco EQQQ Nasdaq-100 ETF Fund of Fund (an open-ended fund of fund scheme investing in Invesco EQQQ Nasdaq-100 UCITS ETF). The fund will invest 95% of its net assets in the Invesco EQQQ Nasdaq UCITS ETF fund, which seeks to generate returns that would correspond to, or track, the return on the Nasdaq 100 index less impact of fees. The Nasdaq-100 index is one of the world’s leading large-cap growth index and provides. NFO Opens: 30th March 2022; Closes: 13th April2022

1. Access to companies at the forefront of innovation

• Exposure to 100 largest US and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization.
• Access to companies with exposure to disruptive technologies.
• Companies that are part of the Nasdaq-100 have a legacy of innovation & growth fueled by robust research and development.

2. Access to companies with strong fundamentals

• Nasdaq-100 index provides access to companies with strong fundamentals.
• Companies which are part of the Nasdaq-100 have strong brand equity, valuable patents and economies of scale that drive product demand and pricing power.

Speaking at the launch, Mr. Saurabh Nanavati, Chief Executive Officer, Invesco Mutual Fund said,“The NASDAQ-100 is more than just an index; it is home to the world’s most influential and innovative companies*like Apple, Amazon, Microsoft, Tesla, Alphabet etc. Further, the NASDAQ-100 is not limited to the technology sector alone it is home to disruptors and leading names from diverse sectors, including consumer discretionary, healthcare and others. It is no surprise that these companies are transforming the world and present a strong investment opportunity.”

“Further, it is a well-known fact that geographical diversification is important and helps reduce overall portfolio risks as different markets perform differently.

“Our global firm manages over US$423bn of global ETFs alone (Overall AuM of US$1.5 trillion)¹ and manages one of the largest fund tracking the Nasdaq-100 Index. As a firm, we are committed to bring newer investment strategies into India for our Indian Investors by leveraging into our parent’s global investment capabilities.”

Underlying Fund Highlights

• The underlying fund is domiciled out of Ireland and has a track record of over 19 years.
• Assets under management of over Rs. 45,873 crs (US$6.09 bn) as on 28^thFebruary 2022.

The minimum investment amount during the NFO is Rs. 1000/- and in multiples of Rs. 1/- thereafter. For SIP investments, the minimum application amount is Rs. 500/- and in multiples of Rs. 1 thereafter. The fund will not charge any exit load on redemptions.

Note: The product labelling assigned during the NFO is based on internal assessment of the Scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.

¹ As on September 30, 2021

*The Scheme will not hold the stocks directly in its portfolio and will invest only in Invesco EQQQ NASDAQ -100 UCITS ETF (‘Underlying Fund’)). The stocks /companies referred above are for illustration purpose only and should not be construed as recommendations or Research report from Invesco Asset Management (India) Private Limited and/ or Invesco Mutual Fund. The constituents of Index may vary from time to time and accordingly the Underlying Fund may or may not have any present or future positions in these companies.”

The investors will bear the recurring expenses of the scheme, in addition to the expenses of the underlying scheme.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post Invesco Mutual Fund unveils Invesco EQQQ Nasdaq-100 ETF Fund of Fund appeared first on Republic News Today.

Jaipur (Rajasthan) [India], April 1: PingPong is an innovative payment service provider for cross-border e-commerce businesses, exporters, and freelancers that is growing apace. PingPong, which was founded in New York in 2015 by a group of payments and financial experts, now has operations in India, the United States, Korea, Hong Kong, Luxembourg, Vietnam, and Japan. The PingPong team is dedicated to offering best-in-class services to customers and aiding them in building their businesses, with over 900 people worldwide. Not only this, they are the first Fintech company in key European and American markets to receive regulatory approval.

PingPong India is hosting a series of corporate cross-border events for worldwide vendors in various regions of the country as part of its same-nurturing-businesses campaign. The event began in Mumbai, where the overwhelming response from the client community has made a great impact in the city and it was followed by a similar success in Surat and Jaipur. They are now planning to hold the big scale event in Jaipur Udaipur and Bangalore as well.

PingPong Payments offers several advantages, including the ability to receive payments from foreign direct clients on global marketplaces such as Amazon, as well as receiving accounts in the United States, the European Union, the United Kingdom, Australia, Hong Kong, and Japan. Clients can also receive FIRC quickly, and funds can be withdrawn to an Indian bank in multiple currencies, including INR and USD. They also provide numerous add-on benefits through programmes like BAP and Xcelerate, which assist sellers in extending their business on worldwide platforms.

PingPong Payments celebrated its 6th global anniversary with promotions and loyalty programs to thank and honour its clients. Not only has PingPong provided them with the tools and encouragement they need to expand their global business, but it has also set new industry standards by committing to growing Indian business through their “The Leaders” Program, which rewards loyal clients with trips to the United States, Singapore, Dubai, and other locations where they can learn from and network with successful peers and partners. Soon the Loyalty Program will be held in the Udaipur and Bangalore events.

PingPong was named one of the world’s 250 fastest-growing fintech companies by CB Insights in 2018. PingPong was named one of FXC Intelligence’s Top 100 Cross-Border Payment Companies in 2019 and awarded the Alexander Hamilton Award for Best Practices in Restricted/Emerging Markets.

PingPong’s partners include e-commerce behemoths and SPNs such as Amazon, Shopify, Stelcore, DHL, Vinculum, Gxpress, and others who serve millions of clients globally. The Reserve Bank of India has approved PingPong Global Solution Inc. India Liaison as a PingPong US liaison office (“RBI”). Since 2019, PingPong has had a presence in India, with its headquarters in Bengaluru. It offers one of the simplest methods for receiving international payments in India at the best FX rates. PingPong is the world’s most popular cross-border business game. It’s hassle-free, and anyone may use its portal to sign up for a FREE PingPong account.

PingPong strives to provide an atmosphere that is both compliant and transparent, allowing each customer to gain a competitive advantage in their business. PingPong strongly supports and promotes Make in India firms to extend their cross-border eCommerce operations, given the growing e-commerce global business potential for Indian vendors. Global sellers and exporters can receive money from other countries with complete transparency and at a low cost with ease.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post PingPong Payments Celebrated Its 6th Global Anniversary and Loyalty Program winners in Jaipur appeared first on Republic News Today.

Mr. Manoj Patodia, Chairman -TEXPROCIL

New Delhi (India), April 1: Shri Manoj Patodia, Chairman of The Cotton Textiles Export Promotion Council (TEXPROCIL) thanked the Hon’ble PM, Shri Narendra Modi ji for his visionary leadership and Shri Piyush Goyal ji, Hon’ble Minister of Textiles, Commerce and Industry and Consumer Affairs, Food and Public Distribution for their relentless efforts which has enabled the finalization of the India UAE CEPA (Comprehensive & Economic Partnership Agreement) on 27^th March 2022.

The Chairman pointed out that with a “zero for zero” duty free access for textiles and clothing, well supported by robust Rules of Origin, Indian export of cotton textiles to the region are poised to grow exponentially in the coming years.

The CEPA is expected to generate an additional increase of US$ 2 billion in overall exports over the next 5 years and will also provide a platform for SMEs to expand internationally by access to new customers, networks and avenues of collaboration. It is also expected to improve the Women Workforce Participation Rate & increase employment opportunities for youth.

The Chairman mentioned that there is good potential for export of cotton textile items like bed & bath linen, kitchen & table linen, curtains & valances, quilts and comforters and cotton woven fabrics including denim.

With the setting up of Warehousing or Distribution Centres in UAE, the CEPA will encourage trade movement to neighboring GCC as well as African markets and initiatives like these will help in collaboration, innovation, and cooperation between the two countries.

With India crossing its ambitious target of US$ 400 billion in goods export this year, the India UAE CEPA will provide the much necessary impetus and momentum to increase our exports in home textiles and fabrics to the UAE, the Chairman added.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post TEXPROCIL welcomes the finalization of the India UAE CEPA appeared first on Republic News Today.

Mumbai – March 31: Kingston Technology, a world leader in memory products and technology solutions, today added a coveted channel partner for its flash business– Shree Computers Sales Private Limited (SCSPL), a leading player for providing technology solutions in India. The company will become one of the primary distributors of Kingston Flash Products in India and will provide best-in-class quality products with high performance to discerning users in the country. Addition of SCPL is Kingston’s endeavor towards reinstating its leadership position in the Flash business, and further strengthening its footprint in the market pan India.

Shree Computers Sales Private Limited (SCSPL) is one of the frontrunners in memory and storage industry in India. Since 2009, SCSPL has endeavored to bridge the nationwide connectivity between the technology solution providers and its users.

The announcement comes on the back of Kingston’s channel centric approach and reinforcing its leadership position. TRENDFOCUS, a leading analyst firm globally has named Kingston as the number one client SSD vendor in the channel with 22.2% for unit market share and 22.3 million client SSDs shipped for all of 2021 in the channel. In Q4 alone, Kingston’s client SSD market share grew to a substantial 26.8% in the channel which displays a healthy annual unit growth despite ongoing component shortages.

Commenting on appointment of Shree Computer Sales Pvt Ltd (SCSPL) as its National Distributor Partner, Mr. Tejashwar Singh, India Sales Head, Kingston Technology said, “Shree Computers has been one of the flag bearers for bringing the latest product and services to market, identifying the latest market needs in the field of technology. and in a way providing synergies to both technology solution providers and its valued users. Our channel partners have always been one of the integral growth drivers, and we are proud to appoint Shree Computers as our National Distributor Partner. We are confident that this will help us in giving a further impetus to our Flash business in India and take our growth story to the next level.”.

Mr. Manish Lunia, Director, Shree Computers Sales Private Limited (SCSPL) said, “Kingston has always been reinventing the flash business segment with its compelling products and solutions. It gives us immense pride to be associated with Kingston Technology- the undeterred leader in the storage and memory segment. Together with the company, we intend to take the best-in-class products in the flash segment to the users across the country and turn a new leaf in the growth of flash business in the Indian market.

Kingston has recently added two PCIe 4.0 NVMe M.2 SSDs to its portfolio with the addition of KC3000 and Kingston FURY Renegade SSD. The high-performance drives joined Kingston’s family of client SSDs to enable those who demand speed and reliability to handle intensive games and application workloads on desktops and laptop PCs.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post Kingston Technology appoints Shree Computers Sales as its National Distributor Partner appeared first on Republic News Today.

Mumbai, March 31: LANXESS closed fiscal year 2021 successfully. Despite immense increases in energy, raw material and freight costs, the specialty chemicals company significantly improved its sales and earnings.

Group sales amounted to EUR 7.557 billion in 2021, up 23.8 percent on the previous year’s figure of EUR 6.104 billion. EBITDA pre exceptionals increased by 17.2 percent to EUR 1.010 billion compared with EUR 862 million a year earlier. Earnings were therefore within the guided range of EUR 1 billion to EUR 1.05 billion. The good results across all of the Group’s segments were mainly driven by strong demand from customer industries such as automotive, construction, transport and manufacturing. Influenced by significantly higher costs and one-time effects, the EBITDA margin pre exceptionals was now 13.4 percent after 14.1 percent in the previous year.

“We promised that 2021 would be a year of growth – and we delivered this against all the odds. We largely passed on the extreme cost increases to the market. In addition, we accomplished four acquisitions in the middle of the pandemic and thus massively expanded our Consumer Protection segment. All this shows the strength and stability that LANXESS now enjoys,” said Matthias Zachert, Chairman of the Board of Management of LANXESS.

Significant growth expected for 2022 – Matthias Zachert was optimistic about the current fiscal year 2022 despite a further increase in costs. “We expect energy and raw material prices to continue to rise in the first half of 2022. Global supply chains also remain fragile. Nevertheless, we would anticipate further significant earnings growth in this fiscal year.” However, the impact of the war in Ukraine is yet unforeseeable. LANXESS anticipates an earnings jump in the first quarter of 2022 and expects EBITDA pre exceptionals to come in between EUR 280 million and EUR 320 million (previous year: EUR 242 million).

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post LANXESS sales up 23.8 percent year-on-year at EUR 7.557 billion in fiscal year 2021 appeared first on Republic News Today.

Jeet Chandan & Vidhit Mehta of Shortgun

March 30: ‘The best way to predict the future is to create it’ said Peter Drucker and it is this quote that Mumbai-based serial entrepreneur Jeet Chandan lives by. Jeet is the founder of a Startup Investment & Consulting Firm ‘Entremax’ which helps startups to build digital brands and also gives opportunities for venture funding. Apart from these two the other ventures this young entrepreneur has are Bizdateup – a business networking platform, Internkhoj – an intern hiring platform, and Vipani – a paper trading simulator.

Jeet has been working on the final stages of his next venture ‘ShortGun’, with cofounder Vidhit Mehta. ShortGun is a platform that will lay the groundwork for a path to the metaverse. The platform is all set to begin commercial operations from May 2022. Commenting on the occasion Mr. Chandan said “We are excited to present a one-of-a-kind platform that may revolutionize the way users transact with cryptocurrency. Vidhit, me, and the entire team have worked very hard towards it. We would be launching our token, Shortcoin, which will be used to conduct all transactions on our site. The buyer will purchase a low-cost NFT and will be able to access the platform – which will feature various levels of interactive gaming and learning experiences. The more the users play the more tokens they earn. But this is not it – the best part is that these tokens could be redeemed and we will make an announcement soon about the details.”

Ever since Facebook Inc renamed itself to Meta, ‘metaverse’ has become a buzzword across the globe and has caught the fascination of many bigwigs. The world is fast warming up to the idea of a virtual world representing the real world. It is a seamless combination of the physical and the virtual world and uses technologies like artificial intelligence, virtual reality, augmented reality, 3D imaging, and blockchain among others. “There is no doubt that Metaverse is the future. Early adopters to the technology have already made huge money and are case studies now. We believe education and convenience will bring forward more people to try and use digital currency and assets. It is all about perception. If people get an option to shop for regular stuff like fashion, food, and other consumables they would be more than willing to come forth and be a part of the metaverse. I strongly believe that people will like the varied advantages and offers that we have designed as a platform” said an excited Jeet Chandan as he signed off for the moment.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post ShortGun – India’s answer to Meta? appeared first on Republic News Today.