Friday, September 21, 2018

Banking-Grade Investor Risk Profiling and Product Risk Classification Now Available for Cryptocurrencies

While early stage crypto investors have multiplied their investments, many people who have started a couple of months ago have suffered heavy losses in their crypto portfolios. Cryptoprofiler bridges the gap of investor protection framework between traditional investment world and crypto space, by transferring investor risk profiling into the latter. In addition, the product risk classification provides insights into market risk, liquidity risk and product risk of cryptocurrencies.

The beta solution provides a light version of the suitability assessment to determine investor’s knowledge, experience, risk capacity and risk tolerance. The more comprehensive and in-depth assessment will become shortly available to users in the login area. Learning resources covering crypto risks and behavioral biases are aimed to enhance investor understanding of the dynamic crypto market. The latest feature is a portfolio risk analysis tool with alert function.

Aside from clearly risk focused approach, users are welcome to plugin with their Twitter account to unleash their potential topics of interest in crypto space with the help of Cryptoprofiler proprietary algorithm as well as to get an insight into public opinion of certain cryptocurrencies through social sentiment analysis.

While various platforms are providing data about cryptocurrencies, Cryptoprofiler is the first provider leveraging banking-grade investor risk profiling to focus on the investor as individual and providing actionable insights. Enhanced risk metrics about cryptocurrencies and comparison function are saving time for investment research and empower better investment decisions.

Thursday, September 20, 2018

KnowledgeHut Aims to Set Up at Least 100 Countries by End of 2018


KnowledgeHut is a fast-growing Management Consulting and Training firm that is a source of Intelligent Information support for businesses and professionals across the globe. Established in July 2011, as a start-up with shoe string budget of INR.Rs  8 lakhs only, KnowledgeHut has grown from the dreams and aspirations of its three founders, Madarapu Nagaraju, M. Subramanyam Reddy and Manjunath V.

Today, KnowledgeHut is one of the largest training institutes in the country and is fast expanding its global presence. At present training is carried out in over 70 countries; with operations overseen by the Bangalore office. At present training The institute provides Professional Certification Training, Customized Coaching, and Consulting that help to lead businesses to the next level, and achieve higher business growth and profitability. KnowledgeHut offers comprehensive training in programs that include PMP, Agile and Scrum, Digital Marketing, MS Project, Hadoop, CompTIA Cloud Computing, PRINCE2  and many more sought-after professional courses.

KnowledgeHut imparts Training through flexible delivery modes-Classroom training, on-site, and Online Training (E-learning and Instructor-led Online Classroom Training). KnowledgeHut follows the Global Blended Model Approach (GBMA) in their classroom training. Their e-learning is provided through the KnowledgeHut LMS which is SCROM1.2 compliant.

Within a short span of four years since inception, KnowledgeHut has delivered insight to approximately 50,000+ employees in 70+ countries across industries that range from Information Technology and Services, Financial Services, Insurance, and Banking to Sales & Marketing, Computer Software, Computer Hardware, Construction, Healthcare, Infrastructure, Management, Consulting, and Retail.  Their clients include HP, WIPRO, Accenture, IBM, Coca Cola, Boeing, Dell and HSBC to name a few.

Polaris India Opens its Second 'Dirt Mania Adventure' Zone at Nandi Hills Near Bengaluru



Polaris India Private Limited has opened another branch of 'Dirt Mania Adventure' zone at Nandi Hills near Bengaluru. This is the 84th Polaris Experience Zone (PEZ) in India, where enthusiasts can come and experience off-roading challenges on Polaris ATVs (all-terrain vehicles). Infact, Dirt Mania Adventure has partnered with the Hip Café Hangout, located on the foothills of Nandi and opened a one-stop destination for all enthusiasts looking for adventure and thrill. 

The PEZ offers visitors the thrill and exhilaration of Polaris vehicles on a dirt track with slush pits, water holes, humps, sand and stones. Polaris says that PEZ ensures adrenaline-pumping action and a fun-filled itinerary for visitors from all age groups. This is second of Dirt Mania Adventure in Bengaluru after the Kanakpura branch opened some time ago. 

"The addition of another PEZ in Bengaluru consolidates our position in the state of Karnataka," said Pankaj Dubey, Managing Director and Country Head, Polaris India Pvt Ltd. "The beauty of India is still uncaptured and we offer the unmatched expereince to adventure and sports enthusiasts. It not only acts as an arena for people to experience an off-road riding adventure, but also provides a business opportunity to entrepreneurs, amusement park owners and corporates looking for adventure close to the city." 

Commenting on the occasion, Jayaraman Parameswaran, Co-found Co-founder, Dirt Mania Adventure, said, "The off-roading cul lture in the region has grown and the opening of another branch of Dirt Mania Adventure is a strategic move to cater people living in different parts of Bengaluru." 

He adds that the new facility will be catering to all levels of off-road enthusiasts, ensuring high levels of fun and adventure quotients. Also several madels of Polaris ATVs are available at the new PEZ.

Polaris India also has 83 other such PEZ spread all over India and growing at about 15 percent annually to reach out to people and in turn give the participants a chance to experience the off-road riding experience within their city.  It's off-road vehicles are widely used in sectors such as defence, paramilitary forces, agriculture, entertainment and tourism, among others across the country.

OYO Forays into UK Market, Plans to Invest Rs 383 Crore


Hospitality firm OYO said it has forayed into the United Kingdom and intends to invest GBP 40 million (approximately Rs 382.93 crore) for its expansion in the country.

This is the company’s first market beyond Asia, OYO said in a statement. The company plans to invest GBP 40 million into the UK market and looks to launch in 10 cities in UK including Manchester, Birmingham, Glasgow and Edinburgh by 2020, it added.

Commenting on the development, OYO Founder and CEO Ritesh Agarwal said, “Driven by its booming domestic and international travel and budget hospitality needs, the UK presents a multi-billion dollar opportunity for OYO.”

The company is thrilled to now be able to offer its affordable, hassle-free and quality living experiences to guests across the UK and to be empowering the UK independent hoteliers with the technology and operational expertise that helps them focus on customer experience and thereby generate increased, sustainable incomes, he added. The UK business will be led by British entrepreneur Jeremy Sanders, who co-founded the British restaurant chain, Coco di Mama, the statement said.

Wednesday, September 19, 2018

Shriram Life Insurance Receives Coveted India’s Greatest Brands & Leaders Awards 2017-18


Shriram Life Insurance Company, the life insurance arm of financial services conglomerate, Shriram Group has bagged the 3rd Edition of India’s greatest brands and Leaders for the year 2017-18 in recognition of the contribution of distribution of life insurance in non-urban markets in India. On behalf of Shriram Life, the awards were received by Manoj Jain, Managing Director and Arvind Shivhare Executive Director- Direct Channel & Dr R Radhakrishnan, Chief Marketing Officer, Shriram Life Insurance in an awards ceremony held recently at Mumbai  in the Pride of the Nation Series Awards organized by URS-Asia One  magazine and URS Media Consulting – process reviewers Pricewaterhouse Coopers P.L.

Shriram Life Insurance focuses on the common customer segment with over 50% of its policies sourced from the rural area and a significant chunk from the tier II and III towns. Shriram Life works with the purpose of providing life cover to these families that are most vulnerable to financial catastrophe due to untimely loss of a breadwinner. The company has been engaged spreading the protection net to the masses, with special focus on financial inclusion for the segment that is generally ignored by the mainstream players. To cater to this group, the company has unique distribution processes and products.

On this occasion Manoj Jain, Managing Director, Shriram Life Insurance said,

“It is indeed a proud moment for us at Shriram Life Insurance. We strive for Inclusive growth by taking life insurance -The 'AAM AADMI' (Common Man) and this award reinforces the commitment of the company to reach out to the masses”.

Rajat Shukal, Global Head & Principal Partner of URS Media Consulting P.L. and AsiaOne Magazine, said, “Pride of the Nation Series Awards & Business Summit; Celebrating 71, India’s 71 Years of Independence, and 3rd Edition – India’s Greatest Brands & Leaders 2017-18 have proved to be a milestone in creating an unprecedented platform through Asian Business & Social Forum to address the pressing business and social causes of the world. India’s Greatest Brands & Leaders 2017-18 is also instrumental in bringing Iconic, Powerful, and Emerging brands and leaders of India on a common platform to discuss issues and potentials relevant to their respective strategic decisions, thereby innovatively unfolding a permeable screen of unprecedented mutual learning and growth. No other organization does that in India currently.”

Jet Airways Enhances ‘Fare Choices’ for Economy Guests on its Domestic Network

Two years after the successful introduction of Fare Choices, Jet Airways - India’s premier international airline has announced further enhancements. 

Fare Choices as the name suggests, is Jet Airways’ flexible, tier-based, fare-choice system that empowers our guests to customize their travel experience with the airline by choosing their preferred fare and a carefully tailored service experience comprising of benefits that they would most value as per their travel need.

The revised offering under Fare Choices will now allow guests to enjoy more value for money, by letting them choose a travel plan based on their preference, travel requirements and budget.

Currently Fare Choices in Economy offers a total of five fare options viz. ‘Light’, ‘Deal’, ‘Saver’, ‘Classic’ and ‘Flex’. 

Jet Airways has now unbundled fares in ‘Light’ and ’Deal’ categories of Fare Choices in Economy for flights within India (domestic network), as consumer surveys clearly reveal that guests want the flexibility of enjoying competitive fares with the options to buy meals. 

From 25th September 2018, guests travelling in Economy and booking ‘Light’/’Deal’ fares for travel from 28th September 2018 on its flights within India, will not only be able to avail competitive low fares but have the opportunity to buy meals from a specially curated on-board menu. Guests can choose from vegetarian and non-vegetarian meals, including hot meal options on select flights and pay using their debit / credit cards. Complimentary beverage service including tea and coffee to all guests in Economy (including ‘Light’/’Deal’ fares), will continue on eligible flights.

The airline will continue to offer complimentary meals across ‘Light’/’Deal’ Fare Choices for guests who have made bookings prior to 24th September, 2018. On flights within India, all features and benefits, including complimentary meals will continue for Economy fare options viz. ‘Saver’, ‘Classic’ and ‘Flex and for all fare options in Première.

However, on our international flights, all features and benefits under First class, Première and Economy remain unchanged.

JetPrivilege members travelling across all Fare Choices, continue to enjoy the ability to earn JPMiles on all their flight activities as well as redeem their JPMiles for award flights across its extensive domestic and extended international network, along with its partners covering over 1000 destinations worldwide. 

The airline also offers its state-of-the-art, free, wireless streaming in-flight entertainment on its Boeing 737 fleet across its entire domestic network and all guests will continue to enjoy its unmatched on-ground and in-flight Indian hospitality.

Commenting on the development, Raj Sivakumar, Senior Vice-President – Worldwide Sales & Distribution, Jet Airways, said, “Service philosophies and models are being reviewed and remodeled by global airlines virtually every day given that guests today - especially millennial travelers – wish to be empowered and exercise their right of choice. As India’s premier international airline, we are perceptive to these changes and endeavor to align our service framework to embrace such needs of various segments of consumers. Our first such measure was the introduction of our Fare Choices concept in 2016. Our latest initiative is a step ahead in terms of flexibility and being receptive to our guests’ preference to facilitate greater choice and convenience. We’re sure this decision will be appreciated by our guests even as we continue to evolve and adapt to changing guest needs”.

Elaborating further, Belson Coutinho, Sr. Vice President – Marketing, eCommerce & Innovations, Jet Airways said, “Consumer needs have not only evolved but have also fragmented at the same time with empowerment, choice and flexibility considered as hygiene factors. As a global airline, we constantly track trends, review guest feedback and preferences to be able to stay on top of such trends and innovate our product and service offerings. This unbundling initiative will ensure we stay relevant to guests’ needs and empower them to choose from fare options that suit them based on their travel needs”.

*All fare options and its complete features and benefits in Economy are in the table embedded within this press release.

Boston Consulting Group Names Alpesh Shah as MD of India


Neeraj Aggarwal, Regional Chairman of Asia Pacific, The Boston Consulting Group (BCG), announced the appointment of Alpesh Shah as Managing Director of India. “Alpesh is an outstanding BCG leader," he remarked. "With his strong focus on capability-building, dedication to client service and passion for developing teams and championing diversity, I am very confident about BCG-India's next chapter under his leadership.”

Alpesh, who currently leads BCG’s Insurance practice in Asia Pacific (AP), is an alumnus of IIM Ahmedabad. As a senior BCG leader he has worked closely with clients across several sectors including insurance, banking, telecom and private equity across Asia. He also serves on BCG’s global client team.

Speaking on his appointment, Alpesh said “It is both an honour and a privilege to lead this incredibly talented group of partners and our strong India business. I am excited by the impact that we can create for our clients and for India”.

Dr. Janmejaya Sinha, Chairman of BCG India, added, “Alpesh is the right leader to strengthen and further consolidate BCG India’s leadership position in the industry. I am sure that he will continue to build on the winning growth momentum of the business”.

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