businessfortnight

T o fill the void created by the closing down of the National Stock Exchange’s NEAT on Web (NoW) platform — the flagship online share trading platform offered by the NSE — Rupeeseed has decided to offer its trading platform at a very reasonable price. This comes as welcome news for brokers and traders in online trading and investing. More traction Rupeeseed trading platform is one of the most advanced in the country with embedded analytics and scanners. The key objective of Rupeeseed is to help traders and investors with an easy-to-use platform and provide relevant insights while trading, or making investment decisions. Brokers using the Rupeeseed platform have seen more traction with a surge in new client acquisition, activating dormant clients and even training beginners and the client activation ratio has jumped significantly. Here, even newbies can test their skills or strategies on the go with real-time quotes and, at the same time, get a feel of real trading. reasons for choo...

Cholamandalam MS General Insurance Co. Ltd., today, has announced the retirement of Mr. S. S. Gopalarathnam as the Managing Director and Mr. V. Suryanarayanan, currently President and COO, will take over as the Managing Director of Cholamandalam MS General Insurance Co. Ltd., effective 1st July 2020. Chola MS – Mr. V Suryanarayanan taking over as the Managing Director of Cholamandalam MS General Insurance Co. Ltd. Mr. S. S. Gopalarathnam retires as Managing Director of Cholamandalam MS General Insurance Co. Ltd. on 30th June 2020 after a long and distinguished career spanning an incredible 41 years. He joined the Murugappa Group in 1979 as a Management Trainee at TI Cycles and served in various capacities in the finance and marketing functions across TI Cycles, TI Miller and TPI till 1998, when he was made the General Manager – Tubes. Consequent to the retirement of Mr. S. S. Gopalarathnam, Mr. V Suryanarayanan, currently President and COO will take over as the Managing Dire...

(New Delhi, June 29, 2020) – Vietjet Aviation Joint Stock Company (HOSE: VJC) held its 2020 Annual General Shareholders’ Meeting (AGM) on 27th June 2020, to review the business results from 2019, vote for the approval of audited financial statement and discuss the company’s development plan for 2020. According to the Executive Board’s report from the AGM, 2019 continued to reveal the airline’s strong growth and sustainable development with positive business results. 2019 also marked an important milestone in the new-age carrier’s journey as the airline celebrated transporting 100 million passengers. 2019 Milestones and Achievements In 2019, Vietjet commenced its operations in India which led to intercultural exchange of tourists from both the nations. It launched two routes Hanoi – New Delhi and Ho Chi Minh – New Delhi which opened up trade and tourism opportunities. The new routes helped boost the economies of both countries while connecting India to Vietjet’s expansive flight netwo...

PRAGUE, CZECH REPUBLIC – Media OutReach – 29 June 2020 – Covid-19 pandemic badly hit global economy and currency market. However, Chinese Yuan has back to stability, fluctuating within 6.84 to 7.09. Apparently, China plays utmost important role in the economy of US. According to US-China Trade Council in year 2018, data shows Michigan had exported $3.6billion value of goods to China whereas import has reached nearly $10.4billion, but transaction volume decreased to $8.7billion since 2019. Besides, Trump President emphatically accused China for the pandemic, which ushered in level of unemployment approaching in Great Depression and even demanding financial compensation from China on the pandemic issue. This is intensifying relations between the two countries, and become a threat to stock market and foreign exchange. However, BIS (Liquidity Provider, LP) provides another investment option, which is the world's first shared-liquidation system. Broker Investment S.R.O....

India, June 29, 2020: The Hong Kong Tourism Board (HKTB) hosts an online forum titled “Beyond COVID-19: Global Tourism’s New Normal” – the first event of its kind focusing on the post-pandemic tourism prospects for Hong Kong, Mainland, Asia, and the world. Over 4,000 tourism industry representatives, journalists, and academics registered for the event as global industry leaders share insights into the effects of the coronavirus outbreak on travel, how the industry should respond, and the trends to expect as people begin travelling again in the post-pandemic period. In his opening remarks, HKTB Chairman Dr YK Pang emphasised the importance of restoring consumer confidence. “As an industry, our central mission must be to give every traveller the confidence and reassurance that their trip is safe from start to finish,” he said. “Our cooperation must cross geographical and business boundaries. We must pool our knowledge and expertise and draw on our collective ingenuity to navigate the ch...

Bhopal. If you are missing on visiting your favourite hotel to relish Kawab, Biryani, Pizza, Pasta and many other dishes like Kheer and Halwa then stop missing. Now you may enjoy that five star dining experience at home. In order to satiate the food craving of food lovers the Courtyard by Marriott, Bhopal has come up with three initiatives. The initiative – named as Marriott On Wheels – allows food lovers to choose from three options The Big Boxx, Celebrations at Home and Chef at Home. Rakesh Upadhyay, GM, Courtyard Marriott, Bhopal Rakesh Upadhyay, General Manager, Courtyard by Marriott, Bhopal said “This initiative focuses on health and hygiene. If our guests cannot come to the hotel, the hotel must go to the guests. We want them to enjoy luxury dining experience at home. For this, our team of chefs will make all the arrangements at their home. Eating delicious food is a kind of celebration for the food enthusiasts which they have been missing till now. Ravish Mishra, Executive Chef,...

The Centre with two decisions Friday has moved further in the direction of fully resuming flight operations in the country. One, the Directorate General of Civil Aviation (DGCA), while extending the international flight suspension to July 15, said international scheduled flights may be allowed on selected routes on case-to-case basis. Two, the Ministry of Civil Aviation has allowed airlines to operate up to 45 per cent of their pre-lockdown scheduled capacity on domestic routes, compared with 30-35 per cent earlier. On the one hand, t he slight relaxation of restrictions on international operations could pave the way for foreign airlines to resume flights to India in line with the government’s proposal of establishing travel bubbles or air bridges with countries like the US, the UK, France, Germany, etc. On the other hand, airline executives said the move on domestic flight operations could help them resume flights to airports where they have not yet started flying post the unlock on ...

For the vast majority of us, from the day we begin school, life is a series of challenges. It never stops challenging us. First, it is fetching good grades, then getting into goodgrad (and post-grad) colleges after school. Then, the challenge is to get a good, stable job. What’s more, it doesn’t end there, though. We then compete for better roles, designations and salaries. Next, we move on to the ultimate challenge of generating sufficient wealth to meet ourpresent and future needs, of both ourselves and our families. What milestones we achieve in life can often decide the success, or the lack of it, when it comes to meeting the ultimatum of producing “enough” wealth. One such milestone for many investors, especially those working in the metro cities with its associatedextravagant cost of living and probably better quality of life, is achieving their first crore. However, unlessyour income is growing at a very high rate, saving huge chunks of money is quite demanding. So why not b...

National, June 25, 2020: In its bid to support our customers, IndiGo, India’s leading airline, launched Flex pay for its passengers wherein they can avail the flexible payment option. With the help of Flex pay, the passengers can now secure their bookings by paying only 10% of the total fare amount and defer their payment on an IndiGo domestic flight for a period of up to 15 days either from the date of bookings or before the date of departure. For example, the minimum Flex Pay Payment for a DEL-BOM round trip for 4 passengers will be, 2 segments X 4Pax X INR 400 = INR 3200. Whilst making the payment of the balance amount corresponding the Booking where a Customer has exercised the Flex Pay Option, the Flex Pay Payment paid by the customer upfront will be adjusted against the total booking amount. More information is provided in the T&C link given below. Mr. Sanjay Kumar, Chief Strategy & Revenue Officer, IndiGo said, “We are pleased to announce the launch of our new flexibl...

National, June 25, 2020: In its bid to support our customers, IndiGo, India’s leading airline, launched Flex pay for its passengers wherein they can avail the flexible payment option. With the help of Flex pay, the passengers can now secure their bookings by paying only 10% of the total fare amount and defer their payment on an IndiGo domestic flight for a period of up to 15 days either from the date of bookings or before the date of departure. For example, the minimum Flex Pay Payment for a DEL-BOM round trip for 4 passengers will be, 2 segments X 4Pax X INR 400 = INR 3200. Whilst making the payment of the balance amount corresponding the Booking where a Customer has exercised the Flex Pay Option, the Flex Pay Payment paid by the customer upfront will be adjusted against the total booking amount. More information is provided in the T&C link given below. Mr. Sanjay Kumar, Chief Strategy & Revenue Officer, IndiGo said, “We are pleased to announce the launch of our new flexibl...

Group Landmark, the brand populary known for being Indias largest multi-brand automotive retail group, has launched its online sales portal keeping the customer needs, demand, and trust at its core. The group has Venturing into the online space in automotive sector is a calculated approach towards serving the best to the customers while staying true to their brand mission “You Drive Us”. Group Landmark spokesperson says “After the launch of our online portal, the dealership received bookings of over 270 cars in a very short amount of time. We could achieve this feat due to our continued focus on establishing a long-term customer relationship and maintaining a strong bond with them through the entire customer life cycle.” Group Landmark has the ability to serve its customers through an easy yet detailed process to purchase a car from the comfort of their homes through its Online Sales Portal. Rising Need for Buying Cars Owing to the current challenging times where...

“Ethnicity.in” a clothing destination of Indian vibrancy, is an amalgamation of prints, patterns, textures and colours, inspired by the rich culture across India. It is a cornucopia of exclusive Indian wear for women and men, who love style. Your go-to omnichannel Indian wear brand Ethnicity, is 100 percent made by local artisans who have mastered their craft and are well versed in traditional Indian artforms. We are truly Indian at heart, have always advocated being #VocalForLocal as our mantra, because India is steeped in history; a history waiting to be discovered by its citizens. Sourced from various parts within India, Ethnicity is helping these artisans grow, by encouraging ‘karigari’ and giving young India the joy of adorning them. All the raw materials and surface ornamentation used to embellish Ethnicity’s impeccable outfits, are sourced from across the country and manufactured exclusively in India. The ensembles at Ethnicity are curated keeping in mind the Indian consumer wit...

India, June 24, 2020: The Hong Kong Tourism Board (HKTB) hosts an online forum titled “Beyond COVID-19: Global Tourism’s New Normal” – the first event of its kind focusing on the post-pandemic tourism prospects for Hong Kong, Mainland, Asia, and the world. Over 4,000 tourism industry representatives, journalists, and academics registered for the event as global industry leaders share insights into the effects of the coronavirus outbreak on travel, how the industry should respond, and the trends to expect as people begin travelling again in the post-pandemic period. In his opening remarks, HKTB Chairman Dr YK Pang emphasised the importance of restoring consumer confidence. “As an industry, our central mission must be to give every traveller the confidence and reassurance that their trip is safe from start to finish,” he said. “Our cooperation must cross geographical and business boundaries. We must pool our knowledge and expertise and draw on our collective ingenuity to navigate the ch...

Ranked amongst Top 50 Best Workplaces for the 4th consecutive year of participation Moves up 11 places from 35 in 2019 to 24 current Rank in 2020 Also recognized as one of the top 25 ‘Best Workplaces in BFSI (Banking, Financial Services and Insurance Sector)’ Max Life Insurance Company Ltd. (“Max Life”/”Company”), announced that it has been ranked 24th amongst Indias Top 100 Great Places to Work. The annual survey is the benchmark when it comes to ranking Indias best employers with participation from over 1000 companies. Of this, 83 companies were from the BFSI sector this year. Improving on its last years performance, Max Life moved up 11 places from its rank of 35 in 2019 to its current position, making it the only life insurer to be recognised amongst India’s ‘Top 100 Great Places to Work For’ by Great Place to Work Institute (“GPTW”) in its 2020 study. ‘India’s Best Companies to Work For’ Study evalu...

To assist organizations in ensuring the complete safety of employees and workplaces in the COVID sensitive environment, India’s largest digital healthcare platform, MediBuddy-DocsApp provides 360° support with MediClinic. As India prepares to return to business and workers prepare to trickle back into the office, there are multiple questions with regards to its safety of the employees and how to keep COVID at bay. “What is most important for us is to get people safely back to work and that will be possible only when we can provide the best possible healthcare, as there cannot be a lockdown on medical care, ever. But the challenge is no corporate, small or big, is really sure what measures are to be taken and how are they to be implemented, that is where MediClinic steps in- a one-stop expert who can deliver end to end solutions, from consulting, advising to execution. We at MediBuddy-DocsApp are doing our bit and it is clear that all of us have to work together to fight humanity's ...

T he answer to the question is a definite YES. Most of us never thought of buying or using an Air Purifier. Little knowledge about this product makes us reluctant to buy it. But keeping in mind the dust, smog, allergens and other harmful particles in the air, it is now becoming a necessity to have an air purifier at home as well as at office or our workplace. When we decide to buy one for us research is very necessary about the brand, technical terms and options available. I have done an extensive research and shortlisted some of the air purifiers . 5 Tips To Buy An Air Purifier For Home 1. Faster rate of air purification in the room. Technically it is referred as CADR (Clean Air Delivery Rate). This rating indicates how fast the air purifier can clean the air within a particular size room. For example, an air purifier with CADR rating of 300 cfm will clean a room of 300 sq ft much faster than an air purifier with CADR rating of only 200 cfm. 2. HEPA filter. HEPA stands for High Effi...

National Pension System (NPS) was introduced by the Government for its new recruits wef 01.01.2004 and subsequently almost all the State Governments has adopted NPS for their employees. NPS can be voluntary subscribed by any citizens of India (resident/non-resident/overseas) and corporates/employers have adopted NPS as a retirement benefit scheme for its employees. Subscriber contributing to NPS enjoys the following tax benefits: – Tax Benefit 1: Deductions on subscriber’s contribution (within 1.5 lac limit) NPS contributions are eligible for tax deduction u/s 80 CCD(1) of ITax Act (upto 10% of Salary (Basic + DA) or 20% of Gross Income for others) within the overall limit of Rs 1.50 Lacs Tax Benefit 2: Additional deduction on subscriber’s contribution upto Rs. 50k (above 1.5 lac limit) Subscriber is allowed an additional tax deduction for contribution made to NPS u/s 80CCD 1(B) of ITax Act subject to a maximum of Rs. 50,000/-. This deduction is over and above the Rs. 1.5 lac li...

New Delhi (June 22, 2020) – Prudent Insurance Brokers Private Limited (PIBL) and Risk and Insurance Management Society ( RIMS ) , today, announced a multi-year strategic partnership to support the Indian risk management community. The alliance is set to deliver thought-leading content around risk and insurance management to India’s thriving business community. Effective immediately, PIBL and RIMS will begin the development of a series of webinars and Masterclasses that address the country’s most pressing business risks, challenges, as well as opportunities for risk and insurance managers to support organizational growth, innovation, and strategic decision-making. Additionally, the two entities will publish market analysis reports, white papers, and collaborate on future in-person events. “ We placed more than $250M premiums and have grown at a CAGR of 30%+ in the last 10 years purely based on thought leadership, risk-based advisory, and differentiated service delivery. As next le...

While the entire market witnessed a steep fall because of pandemic and the lockdown, an emerging startup ‘EnsoLogic’ is creating success stories even in this time. The startup is launched by a third-generation entrepreneur and cross border business expert Anil Agrawal along with his dynamic team in Delhi, Bangalore & Shenzhen. EnsoLogic Team Rising Undeterred by the unforeseen circumstances team EnsoLogic remained loyal to its DNA – Dynamic that is. They in union worked tirelessly to adapt to the needs of the time. New licences and permissions including the authority to import essential medical devices and other goods on urgent basis. Talking about the transformation Anil said, “Understanding the need of the hour, we immediately shifted our focus towards the goods and equipment which were bound to be required. The innate business sense helped foresee the market needs and accordingly we created a completely new and special product portfolio.” Calling Ens...

Ever felt the rush in you to take a trip to the steepest mountains, thinking to hit the road for the longest drive of your life, or zip off on a motorcycle in search of adventure? For those who venture out on these daring journeys; Wrangler is with you! The iconic denim brand Wrangler embodies the courageous spirit by making apparel that can handle themselves, while you go on about your everyday adventure. This season Wrangler launches “ Traveler Lite Jeans ”, widening their best-selling range “Traveler”. Traveler uses knit-fabric combination, that look like denim; but feel like sweat pants. With the new addition of Traveler Lite, they have notched up the comfort quotient by using innovative knit fabric made with hollow yarn, making these jeans much lighter. Some of the Traveler Lite jeans also come with Silver Shield Technology to keep the jeans fresh even after multiple uses. These unique features in the jeans make it the ultimate companion for your adventures enhancing the comfort ...

With the development of medication to combat the novel coronavirus still in the works, it has become imperative to find an immediate solution for this global pandemic. After conducting more than 65,000 experiments and filing more than 100 patents, Swiss hygiene company Livinguard , with operations also in India, as well as Germany, USA, Singapore, Japan, and South Africa, has come up with a revolutionary and first of its kind face mask, that can directly inactivate bacteria and viruses, including 99.9% of the novel coronavirus SARS-CoV-2. While most masks available across counters or open markets are preventive in nature, Livinguard face masks are protective and prevent bacteria and viruses from spreading, benefiting both self and others in close proximity. The globally patented technology was invented by Mr. Sanjeev Swamy , an entrepreneur of Indian origin, who also heads the company. Researchers from the Free University of Berlin at the Institute for Animal Hygiene and Environmental...