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Despite global challenges, Indian IT industry well poised to grow – By Sunil Rajdev

Ahmedabad (Gujarat) [India], March 7: After growing at an unprecedented pace in the two years after the Covid-19 pandemic first erupted, the technology industry is in the news for the wrong reasons of late. The industry has been hit by a wave of mass layoffs, with even global tech giants, including the likes of Google, Microsoft, Twitter, Dell, Amazon, IBM, and many others announcing thousands of job cuts. According to some estimates, more than 3 lakh people in the industry have been laid off, and the number is widely expected to swell. Naturally, the number of people who have lost their jobs includes many Indians.

The Indian IT industry is facing several headwinds in the wake of a slowing global economy. The next few months and quarters are expected to be challenging for the industry, but there are also many things going well for the industry.

According to a report released by industry body NASSCOM and global consulting firm McKinsey, India’s technology services industry has the potential to generate $300-350 billion in annual revenue by 2025 if it can capitalise on rapidly emerging business opportunities in cloud, artificial intelligence (AI), cybersecurity, etc.

The Indian IT industry is riding on the wave of Industry 4.0, or the fourth industrial revolution. Industries in India and globally are looking to kickstart or accelerate their digital journey by adopting the latest technological tools. Industries are also implementing new-age technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), Cloud Computing and Analytics, and many others to improve efficiency and productivity and become competitive.

Industry 4.0 means a great transformation is underway in the Indian manufacturing sector. The upcoming digital businesses and their fundamental technology platforms will require support via a robust digital network, which will focus on the endpoints of the people involved. With its unparalleled experience and expertise developed over the past several decades, the Indian IT industry is uniquely positioned to make the most of this huge opportunity.

India’s economic performance – the country is expected to be among the fastest-growing major economies globally in 2022-23 – also augurs well for the IT industry.

With everything moving at breakneck speed, time is limited, and consumers don’t have the time to learn how to use a product. With new technologies evolving and businesses getting more digitised with every passing day, data and information are becoming increasingly vulnerable to cyberattacks. Already, since the Covid-19 pandemic, cyberattacks have been on the rise. The pandemic ushered in work from home and remote working, but it also fuelled cybersecurity challenges, including cyberattacks, ransomware, phishing and many more. Managing remote workplace infrastructure is another new challenge for businesses, and according to some studies, data breaches and cyberattacks have gone up manifold in the last four years. The average loss suffered by businesses because of data breaches is reported to be $2,00,000 – approximately Rs. 1.60 crore. Cybersecurity solutions is another great opportunity for the IT industry as it can focus on developing new tools and systems for clients to help them safeguard their data and digital assets by staying one step ahead of cyber attackers.

Cloud Computing too is another huge opportunity for the IT industry of India. A growing number of businesses are using the cloud to perform a wide variety of tasks like data backup, disaster recovery, email, virtual desktops, software development and testing. Rather than investing in physical data centres and servers, businesses are choosing to access various services such as computing power, storage and databases from the cloud provider. By addressing issues and concerns associated with clouds such as cost, service provider reliability, downtime, data overload, password, security issues and data privacy, the industry can enhance its offerings.

One of the biggest strengths of India’s IT industry is its vast talent pool. Indian IT professionals have made a name for themselves not only in IT and technology hubs like Silicon Valley but across the globe. The knowledge, skills, experience, exposure, and delivery of Indian IT professionals are unlike any. A career in IT is considered a highly rewarding one, and not surprisingly, the field of IT is among the most preferred ones in India. Of course, there are some challenges right now when it comes to IT professionals. A recent news report showed how an Indian software giant has offered to hire professionals at half the package they were originally offered. That said, few Indian IT companies have resorted to job cuts or mass layoffs, which suggests that they are comfortable with the current and future business projections. As demand for automation goes up, so will the demand for IT professionals with specialised skills. Maybe this is what the Indian IT industry is also expecting.

I said in the beginning that technology is evolving rapidly. The demand for new technology systems, robust infrastructure networks, and evolving needs of businesses globally are among the factors that will continue to drive the growth of the Indian IT industry.

(The writer is the CFO of Danube Industries, a leading IT hardware engineering company that serves customers, system integrators, enterprises, and others)

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East-West Seed India launches Orange and Yellow Munch watermelons  

Bangalore (Karnataka) [India], March 7: East-West Seed India has launched Orange Munch and Yellow Munch F1 watermelons in the Speciality color flesh category for the summer season. The colored watermelons are visually attractive and striking. Orange Munch presents orange color, and juicy and succulent flesh, while the Yellow Munch presents yellow color and texture. The outstanding feature is the crispiness and sweetness of Yellow Munch and the distinctive honey taste of Orange Munch. The fruits are firm, uniformly high round, and suitable for growing in all regions nationwide.

East-West Seed is focused on bringing high-quality, innovative products that meet customers’ evolving needs and preferences. Speaking about this unique product introduction, G C Shivakumar, Country General Manager, East-West Seed India, said, “Our newly introduced Yellow Munch and Orange Munch colored watermelons offer our customers improved quality, with better taste and higher yield. In 2022, we introduced three hybrids – Sugar Dew, Mukasa, and Red Velvet in the personal segment to suit local preferences across India. They were very well received. The new products, Orange Munch and Yellow Munch are unique in terms of their appearance and also their taste. For us at East-West Seed, being innovative is a continuous effort. Over the last four decades, we have provided quality, locally-adapted vegetable seeds and the proper techniques to help smallholder farmers improve their yields, earn more for their work and stay healthy. As a pure-play vegetable seed company, we have the expertise and the resources to strengthen our market position further. We currently offer 170 varieties across 32 crops for Indian farmers and continue to expand in India with R&D centers, warehouses, people, and new products. Today, we serve more than 1.5 million smallholder farmers in India. They are vital to food security and nutrition, majorly in developing countries. Innovation and service for smallholder farmers are at the heart of everything we do and want to achieve.”

East-West Seed is a global leader in the tropical vegetable seeds market with three and a half decades of experience in breeding, producing, and delivering high-quality vegetable seeds. Founded by Dr. Simon Groot, winner of the World Food Prize 2019, East-West Seed is ranked #1 in the 2021 Global Access to Seed Index, South, and Southeast Asia, recognizing commitment and performance in providing the World’s smallholder farmers access to quality seeds. In 2020, it ranked #28 in Fortune’s Change the World list of companies that are doing well by doing good. East-West Seed has its headquarters in Nonthaburi, Thailand. The company employs over 5000 people and has 17 R&D establishments in 7 countries. With exports to over 60 countries in tropical areas, East-West Seed serves nearly 23 million farmers around the World.

East-West Seed India was awarded ‘The Best Vegetable Seed Company’ by a reputed industry platform and also won ‘The Emerging Brand of the year 2021 – Agro” in the MSME category awarded by the Hon’ble Minister of State – MSME Shri Pratap Chandra Sarangi in 2022. East-West Seed India has received recognition as a Great Place to Work.

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Global Women’s Media Platform Women Who Win Announces its Prestigious Advisory Board; Board Includes Multiple South Asian Women Leaders & Women from All Over the World  

New Delhi (India), March 7: U.S.-based organization Women Who Win is taking the lead in giving women around the world a platform to share their story, make connections, mentor, and be a part of a dynamic women’s community. Founded by three South Asian women in the Boston area, Dr. Manju Sheth, Dr. Deepa Jhaveri, and Shaleen Sheth, the organization has thousands of members and has readership and engagement in over 80 countries. Since its inception in June 2020, Women Who Win has been supported and done collaborations with renowned institutions, including Bank of America, Linkedin, Asian American Commission, Akshaya Patra USA, Asian Community Fund- Boston Foundation, and more.

The founders are excited to bring this board together as they believe this will be crucial for the future growth and vision of the organization. The team stated, “We are thrilled to bring this board together to continue our mission in empowering the personal and professional lives of women and girls around the world; we are bringing diverse women leaders across different industries and backgrounds to help drive the Women Who Win mission forward. Each board member represents the deep spirit and multifaceted nature of Women Who Win.”

Founder Shaleen Sheth says, “I am excited to bring such a dynamic group of women together. What really sets this board apart is the diversity in backgrounds. Our board members have had such different career paths – architects, business leaders, technologists, healthcare leaders.  As one of our youngest co-founders, I think this board will help us reach more young professionals and new audiences. We hope you join our organization, and become a part of our community.”

Women Who Win is centered around being an inclusive, free, and accessible platform [i.e. the platform for the  daily dreamer] Please check out their Advisory Board Members, and join them on social media below.

Meet the Advisory Board: https://www.womenwhowin100.com/board-of-advisors

Join the Facebook Group: https://www.facebook.com/groups/587665685512626

Linkedin: https://www.linkedin.com/company/women-who-win-100/

Instagram: @womenwhowin100

Founders: Shaleen Sheth, Dr. Deepa Jhaveri, and Dr. Manju Sheth

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Chhavi Buildtech Pvt. Ltd. And MGF Developments Ltd. alert people about the Emaar Business District  

New Delhi (India), March 7: The company Chhavi Buildtech Pvt. Ltd and MGF Developments Ltd. have notified the public, authorities, and institutions that may be affected by License No. 50 of 2021 dt. 08/18/2021 concerning land with a size of 3.26875 acres & License No. 51 of 2021 dt Reference to the land of 3.59375 acres for the development of a commercial allotment colony by Emaar India Limited as Emaar Business District 99 (EBD 99) [applied to vide RERA-GRG-PROJ-892-2021 German 19.08.2021] and Emaar Business District NXT 99 (EBD 99) [applied vide RERA vide RERA-GRG-PROJ-893- 2021 dt. 19.08.2021] each in the Kherki Majra village tax area, Sector-99, Gurugram, for which Chhavi or his holding company MGFD have never legally authorized or ever consented to any party, let alone intended in this respect in the manner mentioned.

Regarding the challenge of the aforementioned licenses, the Learned ACS TCP, Haryana Vide Order dated 01/31/2023 in Complaint No. 65 of 2022 Emaar India Limited prevented from creating further rights of third parties about the said licenses. The general public is therefore requested to exercise due diligence before entering into any booking, allotment, purchase or agreement to purchase, etc., for any unit/apartment/property or property in Projects Emaar Business District 99 (EBD 99) and Emaar Business District NXT 99 (EBD 99) under the above-mentioned License No. 50 of 2021 & License No. 51 of 2021 respectively both German 08.18.2021 about land with a size of 3.26875 acres and License No. 51 of 2021 in Tax area of the village of Kherki Majra, Sector-99, Gurugram (Haryana).

Most importantly, it is made clear that the Chhavi and/or MGFD companies or any of their existing and/or future directors are in no way responsible for the said project, let alone any loss suffered by anyone trading in any of the properties in said project. Furthermore, said companies Chhavi and/or MGFD or any of their current and/or future directors shall not be liable to any authority, institution, including the bank, or any of the public for any consequences arising out of and/or in connection with the Projects under License No. 50 of 2021 and License No. 51 of 2021 dated 08/18/2021, including but not limited to the creation of third party rights and/or sale, alienation of property, mortgage or bank loan.

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Arya’s Sarpatta Parambarai’s sequel Sarpatta Round 2 to roll soon; to be jointly produced by Jatin Sethi, PA Ranjith and Arya, to release in cinemas!

Mumbai (Maharashtra) [India], March 7: Jatin Sethi has joined hands with PA Ranjith and Arya.They will jointly produce the second part of Sarpatta Parambarai . Arya will once again reprise the role of Kabilan Munirathnam in the sequel titled Sarpatta Round 2.

Jatin Sethi, on this announcement, said, “I was blown away by Sarpatta Parambarai. Also, its a rare that the sequel of a digital film will be released in cinemas. And why not? Sarpatta Round 2 warrants a big screen experience.”

PA Ranjith said, “The feedback I received for Sarpatta Parambarai was overwhelming. I am sure the fans of the series will be in for a treat as they’ll get to see the sequel in cinemas.”

Arya exulted, “Sarpatta Parambarai is a landmark film in my filmography. I was flooded with love from viewers all over the world. For the sequel, I can’t wait to see how the fans will react to the film in the cinema halls.”

The Tamil period sports flick Sarpatta Parambarai, starring Arya was one of the most loved and subscribed films of the year 2021 on Amazon Prime India. And now, the makers are all set to begin work on the sequel. And unlike the first part, which was a digital release, the sequel will be released in cinemas, a rare phenomenon!

Sarpatta Round 2 will go on floors soon. The announcement of the rest of the cast members will happen soon.

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MG Lions Bhojpuri Dabanggs beat Bengal Tigers, reach CCL semis

Bhojpuri Dabanggs in action

Trivandrum (India), March 7: Bhojpuri Dabanggs, which represents the Bhojpuri film industry in the Celebrity Cricket League (CCL), has made it to the semifinal of the popular league by comfortably defeating the Bengal Tigers on Sunday.

Bhojpuri Dabanggs’ captain Manoj Tiwary won the toss and decided to field first. Put in to bat first, the Bengal Tigers were all out for 59 in 9.5 overs thanks to a superb bowling performance by their rivals.

The Bhojpuri Dabanggs team responded with a score of 116 for 5 in the allotted ten overs, with Pravesh Yadav top scoring with 57 and Aditya Ojha contributing 30 runs.

Bengal Tigers came up with a better performance in the second innings of 10 years by scoring 105 runs for the loss of just two wickets. Captain Jisshu Sengupta played a gem of an inning by scoring 68 runs in just 30 balls. Needing just 49 runs to win in 10 overs, Bhojpuri Dabanggs reached the target in just over six overs. However, the team lost five wickets in the process. The win meant Bhojpuri Dabanggs booked their spot in the semi-final.

Bhojpuri Dabanggs captain Manoj Tiwary was the best bowler, while his counterpart Jisshu Sengupta was the best batsman. Bhojpuri Dabanggs’ Pravesh Yadav was named the man of the match.

“I am very happy with the way the team played. The bowlers did an excellent job to restrict Bengal Tigers to just 59 runs in the first innings. Our batters, too, responded perfectly with a big score in the first innings. The Bengal Tigers team put up a great effort in their second innings, but we were always confident of winning. We are glad to have made it to the semifinal and are confident of reaching the finals and lifting the winner’s trophy,” said Manoj Tiwary, Captain of Bhojpuri Dabanggs.

Last week, MG Lion News, a trusted platform that shares all details related to a wide variety of news from sports, acquired the sponsorship rights for Bhojpuri Dabangg for CCL 2023. Real-time and useful updates have made the website a popular platform among users.

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Aertsen Unveils Its New Modular Furniture Manufacturing Unit

Team Aertsen at Newly Launched Modular Furniture Manufacturing Unit in Hyderabad

Hyderabad (India), March 7: Did you know the average lifespan of a sofa is around 2,957 days? Which is roughly 8 years and with proper care this number can jump up significantly and when manufactured with regard for the customers it increases even higher. Aertsen’s modular manufacturing division was started with kindred thoughts. While the world slowly plunders into a money-making mentality and disregards the customers’ needs, the quality of the products keeps plummeting. And the same goes for furniture as well; there are only a handful of companies left that have the benefit of the customer in mind.

Located on the outskirts of Hyderabad, the Aertsen Modular manufacturing unit boasts a 1,00,000 sq. ft. compound and is capable of delivering 60 fully furnished beautiful homes each month. It’s the hard work of a team of 45+ employees that made such a number a reality. Each day, the raw materials start a journey and transform into a piece of furniture that will eventually come together to form a complete unit that is sent to the site. However, the journey itself is carefully monitored and goes through a variety of highly sophisticated, cutting-edge machines.

To manufacture the right products, it’s vital to hire the right people, and that’s exactly the kind of people you will find working in the facility. Designers, engineers, craftsmen, and electricians makeup the diverse group of employees who work tirelessly to manufacture the most beautiful furniture for a variety of design stories.

Fuelled by an ambition to become the best in the industry, the manufacturing facility churns out world-class furniture day in and day out to match the expectations of the founders. This is done with the help of a software called B-Cabinet, a revolutionary suite of software that helps control all their machines in the facility. The software expedited the process while being extremely precise and accurate. The facility also houses several machines that are used to cut, bend and shape the desired styles and these include a hot & cold press for giving the plywood the finish, Selco SK 3 for cutting, JADE – 300 for edge binding and CNC Rover gold for drilling.

All these machines work in tandem to keep up with the demand of our clients. In hindsight, the manufacturing unit is what enables Aertsen to minimise the redecoration process to just 45 days. Besides that, the facility also enables their clients to choose from a wide variety of styles, finishes, and designs. However, it also provides Aertsen with a solid foundation on which they can depend. Furthermore, the facility doesn’t just manufacture modular furniture very efficiently; it also makes sure the furniture is delivered to the site in a timely manner.

Chances are you would want to redecorate your own home, and just like everyone else you would want to have only the best in the industry. If that’s the case, Aertsen is amongst the fastest up and coming home interior design brands in India. Where most companies try to exaggerate the time taken in the process, Aertsen offers a comprehensive home interior solution within just 45 days. Their team of highly trained designers has delivered countless happy homes across Southern India and are all set to expand their services to every nook and cranny of the country. If their services seem like something you might want for yourself, checkout their portfolio on their website : https://aertsen.in/

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Jainam Broking Limited Unveils IOC 4.0, the Largest Options Trading Community Gathering in India

Surat (Gujarat) [India], March 7: With the evolution of the internet, the world of options trading has grown significantly with tons of great opportunities. “I have been in the trading industry for more than 15 years, and it has been a journey I can never forget”, shares sir Milan Parikh, co-founder and manager of Jainam Broking Limited. “Options trading is more than just a one-time chance or a predefined timeline to earn a big fat profit, it is an essential art to succeed in today’s competitive market.” Continues Milan Parikh.

After 3 successful editions of Indian Options Conclave, Jainam Broking Limited brings IOC 4.0 with a promise to witness the largest Options trading community gathering of traders, investors, service providers, and industry experts from India and overseas. The focus stands to learn, grow and connect within the community to elevate the personal best of individual traders by leveraging the power of mutual growth.

This year IOC 4.0 will be held in the city of gems, Surat, across 2 days, 17th March 2023, Friday and 18th March 2023, Saturday. With live trading opportunity lead by trading experts on 17th March, the event will extend its learning and networking opportunities on day 2 by bringing in all greatness under one roof.18 th March will be featuring 25+ speakers, 40+ service providers and many industry vetrans helping all participants with in-depth knowledge on profitable strategies, fundamental understanding, essential services and peripheral requirements. We are expecting one-on-one interaction opportunities in the networking zone topped with intense fun and learning experiences in the game zone.

IOC 4.0 is set to organize the first of its kind, hyper-realistic trading game called Finsharp on 18th March. The game is designed to help students explore their career potential in the field of stock market through a virtual scenario stimulating trading opportunities within a typical market hour.

From beginners to advanced, IOC 4.0 event will have something for everyone.

Options trading is currently popular among the youth including the age group below 20 as well as veteran expert from a non-finance profession. It is increasingly preferred by women traders and has a great career potential for passive traders.

Jainam Broking Limited as a leading options trading service provider, strongly believes that options trading is a big leap of forthcoming possibilities for traders to turn consistent profit into generational wealth.

Registrations for IOC 4.0, 18th march is currently open and is absolutely free. Book your spot at events.jainam.in

For queries kindly contact 0261- 2305555, 0261-6725555

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Women’s Day 2023: How the corporate world is providing women with a better workplace

Women’s Day 2023: How the corporate world is providing women with a better workplace

New Delhi (India), March 7: We live in a world where gender inequality is still prevalent, and women struggle to get the same opportunities and recognition as their male counterparts. As a result, many companies are increasingly making efforts to create an environment that is conducive to the progress of female employees. Through initiatives such as increasing women’s representation in leadership roles and offering flexible working hours, companies are striving to make the workplace a safe and secure space for women where they can feel empowered to reach their full potential. We got in touch with some leaders to understand how businesses are taking steps to ensure their female employees can thrive.

Shruti Jain, Sustainability Influencer @StyleDestino, and CSO, Arihant Capital

At Arihant Capital, we are working on creating a more progressive and inclusive workplace and increasing female representation in leadership positions has always been a given. The biggest challenge women face during their careers is during and after pregnancy. Globally, the attrition rates remain high for women leaving the workforce around this period in their lives because they don’t get enough support from their employers. From our experience, at Arihant Capital, we understand that every pregnancy, baby, and mom is different. To support our female employees during their maternity, we constantly adjust policies to account for individual scenarios.

Flexi-work, work-from-home options, casual dress codes, and customized leaves are a few examples of how we are trying to build a female-friendly organization.  Fostering an equitable culture for all our employees is very important at Arihant Capital. We understand we need to do more and improve our policies. Hence, we are constantly listening to the needs of our female employees, adjusting our policies, and trying our best to build a female-friendly firm. To retain talented women within our organization, we make sure we support them at every stage of their careers.

Vidushi Kapoor, Co-founder, Process 9:-

With more than 30% of our employees being female, Process9 is an equal-opportunity employer. We have enabled flexible working hours and home-based work before COVID made these practices the norm to improve the environment for women. As a matter of policy, we also employ a significant number of women who have taken time off to care for their children or because they were pregnant. All team members who want to work and contribute here will find a welcoming environment thanks to our policies, which are more concerned with fostering that environment. Our policies are primarily concerned with creating a welcoming environment for every team member who wants to work hard and contribute. Results are more important to us than where they were achieved—in the workplace or at home.

Anuja Patil, CEO at Unilife, The Off-Campus Lifestyle App:-

As a startup, we recognize the unique needs of female employees and have implemented a period policy to support them. This includes providing menstrual products, flexible working hours, provision to work remotely, and creating an open and supportive environment to discuss menstrual needs. While our resources and infrastructure may not allow us to provide a dedicated area for menstrual relief, we recommend that larger organizations consider implementing recreational rooms specifically designed for women to attend to their menstrual needs and relax before returning to work. By offering a work environment that caters to the unique needs of female employees, organizations can promote employee satisfaction and well-being.

We at Unilife are committed to creating a supportive work environment for women and encourage other organizations to take action toward addressing the challenges women face during menstruation in the workplace. It is essential for all individuals to recognize and address the impact of menstruation on female employees and take measures to create a culture of inclusivity and support. Regardless of the gender of decision-makers, taking action towards creating an environment that supports the menstrual needs of women can ultimately contribute to the success of the company.

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Sree Metaliks (SML) Adopts Ladle Refining Furnace Method to Enhance Product Quality  

Sree Metaliks (SML)

New Delhi (India), March 7: Sree Metaliks, a leading producer of high-quality steel, has recently introduced the Ladle Refining Furnace method to improve its product quality. The Ladle Refining Furnace method is a process used to refine molten metal and remove impurities before it is cast into final products.

The Ladle Refining Furnace method is a widely used process in the steel industry to refine molten metal and eliminate impurities before it is shaped into final products. This process is crucial for producing high-quality steel products that meet the desired specifications.

Sanjiv Saklani, the director of Sree Metaliks, believes that the Ladle Refining Furnace method will significantly enhance the quality of the company’s products and give it a competitive edge in the market. By investing in technology and innovation, SML is poised to maintain its reputation as a leader in the steel industry.

The Ladle Refining Furnace method involves heating the molten metal in a furnace and then transferring it to a ladle. The metal is then refined by adding materials such as lime, aluminum, and magnesium to remove impurities such as sulfur, phosphorus, and carbon. The ladle is then transferred to the casting area, where the refined metal is poured into molds to produce final products.

One of the primary benefits of the Ladle Refining Furnace method is that it improves the quality of the final product. The process removes impurities that can cause defects such as cracks, voids, and inclusions in the steel. This results in a higher-quality product that meets customer requirements and reduces the risk of product failures. By removing impurities from the metal, the process reduces the need for secondary refining and improves the efficiency of the casting process

The Ladle Refining Furnace method also improves production efficiency. The process allows for the production of a wider range of steel grades and reduces the need for additional processing steps. This means that the company can produce more products in less time, increasing overall production efficiency.

In conclusion, the Ladle Refining Furnace method is a valuable addition to Sree Metaliks’ production process. By adopting this technology, SML can enhance the quality of its products and improve production efficiency. With its commitment to innovation and excellence, SML is well-positioned to maintain its leadership position in the steel industry.

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