Paysquare Rolls Out Highly Scalable, Centralised Solutions Suite for Global Payroll Operations

Payroll outsourcing giant Paysquare has added yet another jewel to its crown with the unveiling of trend-setting global payroll processing solutions and services suite for enterprises with multi-country presence.

In a bid to answer cut throat competition, business complexities and uncertainties, enterprises today are zeroing in on innovation, upskilling of the workforce and comprehensive restructuring measures to stay profitable.

In such a scenario, enterprises with global presence witness frequent hiccups owing to the absence of stringent compliance with local and global payroll regulations. Inducting local human resources across borders not only incurs hefty expenditure but also induces complexities in payroll management.

Moreover, with no stringent data security measures in place, the likelihood of a breach of employee confidential information escalates significantly.

Paysquare’s global payroll processing solutions suite ensures centralised management of payroll operations across the globe utilizing cutting edge technologies like Artificial Intelligence for a seamless, user- friendly payroll experience to the global workforce of an enterprise.

Furthermore, any updates related to payroll compliance are instantly synchronised with the system ensuring zero scope for errors and avoiding hefty regulatory penalties.

Some of the industry-leading features of the solutions suite include :-

●       Monthly payroll calculation and delivery
●       Employee specific income tax management and submission to local tax authorities
●       Employee payroll data maintenance
●       Electronic pay-slip reporting

 ‘’Our team at Paysquare is committed to ensuring an end to end payroll management for our esteemed clientele. The industry-leading global payroll processing solutions suite features comprehensive migration support; a highly scalable, cutting edge back-end payroll system and a multi-layer data security mechanism. All of this ensures a distinctive payroll experience to multinational enterprises,’’ said Rakesh Jain, CEO and founder, Paysquare.

 Right from disbursing salaries to analysing operational costs or generating performance metrics of employees, outsourcing payroll has come as an end to end service for enterprises, eyeing to tap on new opportunities and streamline revenue centric operations.

 With rapid advancements in technology, the payroll landscape has now transformed from legacy on-premise system towards a cloud-based service. Emerging technologies including Artificial Intelligence, Blockchain and Chatbots are empowering payroll processes to automate repetitive, tedious manual tasks which consume significant work hours of professionals.

NOFILTR.GROUP Launches the Influencer Community ‘Creator21’

NOFILTR.GROUP, a leading social media label, and influencer incubator has launched its new influencer community – ‘Creator21’. Creator21 is a community of innovative thinkers and creators who will collaborate to reshape the future of content creation in India. It aims to reach out to a wide audience of creators across the country offering them a platform to meet likeminded people. They can share creative ideas that will help them build a better world and a stronger career path.

Being at the forefront of the influencer marketing space, NOFILTR has always come up with ground-breaking work in the creator and influencer segment. Launch of Creator 21 aims at building a community that focuses on creating meaningful and inspirational work for the next generation of creators to carry forward or build on.

Talking about the launch of this community, Mr. Sumedh Chaphekar, Founder and CEO, NOFILTR Group addressed the audience of creators, “I am very excited to begin the journey Creator21 and extremely grateful to all the creators for inculcating trust in us and believing in our ideology. Over the past few years, social media has evolved drastically. We engaged in a thorough discussion of over 6 months and went through various challenges that are faced by the creative minds, that is what germinated the idea of having a community that binds us all. Creator 21 aims to organize collaborative events for the creators from every platform such as YouTube, Instagram, Snapchat, and much more.”, he added.

The launch event was followed by various innovative activities where the guests enjoyed the elaborate photo booth setup. Top influencers and creators were invited for the launch. Four spectacularly scintillating photo-booths were set up where the creators could come together and generate some quirky, innovative content.  The community event of Creator21 helped the creators to meet like-minded people and expand their network to collaborate with each other. It will serve as an avenue for all the creators to grow together in the wake of making meaningful content and relationships. With this event, the platform aims to foster offline as well as online community building and help members nurture deeper and professional relationships.

Nearly 35 influencers attended the launch event such as Awez Darbar, Nagma Mirajkar, Angry Prash, Mrunu, Sanket Mehta, Aashna Hegde, Sunny Chopra, Funcho and Anam Darbar to name a few.

International Investors Eye Indian Technical Textile Market Through Techtextil India 2019

In a bid to attract the booming Indian market, international contingents have booked exhibition space at Techtextil India 2019 in full force. The show with over 160 exhibitors will showcase exclusive international pavilions, an exclusive area for the composite industry and knowledge focussed forum - Techtextil India Symposium.

The 7th edition of Techtextil India 2019 will witness strong participation from major international countries and regions, indicating the booming dynamics of the Indian technical textiles industry. Companies like Andritz Küsters GmbH, Europlasma, Hardick Bv, Protechnic S.A.; Laroche SA, Andritz Perfojet Sas, Bombi Meccanica, Sicam, Zimmer, Morchem S.P.A Bookwang Tech, Jr Corporation, KSG Co Ltd and Samwha Machinery are some of the international names presenting on the show floor.

Techtextil India is the leading international trade fair for technical textile and non-woven offering complete solutions of the entire value chain of 12 application areas from Agrotech to Sporttech which address all visitors’ target groups. Attracting investors from all over the country, the show will prove to be a lucrative platform for international companies that will facilitate growth by enabling businesses and professionals to build trade relations, evaluate market trends and share technical expertise.

The sunrise sector of the Indian technical textile industry possesses great potential due to its cost-effectiveness, durability, and versatility within the market. Effective strides taken by the government of India to boost growth and development has also played a major role to entice international companies to view India as a strong market for trade.

With over 160 exhibitors, the international trade fair is a trusted platform organised by well-known B2B exhibition organisers, Meese Frankfurt Trade Fairs India Pvt Ltd and a string of successful previous editions has led international companies to choose Techtextil India 2019 as their preferred choice.

Enthusiastic visitors and exhibitors, unique textile innovations, inspiring conversations will experience the progressive atmosphere of Techtextil India 2019 in their retrospective film. At the fair, suppliers and manufacturers of functional apparel fabrics and technical textiles, nonwovens, fibres and yarns, which are used in sports, industrial areas, and outdoor clothing, will be represented from countries like India, Austria, Belgium, China, France, Germany, Italy, Korea, the Netherlands, Saudi Arabia, Spain, and Taiwan.

Other prominent names from the industry like Aditya Birla Yarns (P T Elegant), Archroma, Coated Sales, Far Eastern New Century Corporation, Ginni Filaments, Groz Beckert, Lenzing Ag India, Lucky International, SIOEN Industries Montex Glass Fiber, Oerlikon Nonwovon, Park Non Woven Pvt Ltd, Piotex Textech Pvt. Ltd, PyroTex Industries GmbH, Saint Gobain Adfors, Grindwell Norton Ltd, Sarex Chemicals, Shreenath Adhesives, Suntech Geotextile Pvt. Ltd, Supreme Nonwoven and the Filament Factory GmbH will also be present to showcase advanced technologies and solutions to cater various application areas of the industry.

Encouraging the composite industry within technical textiles, the trade fair will also see participation from composite companies that will bring a range of material at “World of Composites”. This platform will host leading companies offering raw materials, metal composites; nano composites; and other composite based industrial products. Some of the companies presenting at the show include Essen International, Jiangyin Desel Environmental Protection Equipment Co., Ltd., Jushi India, Madhu Glasstex Pvt Ltd, Saint Gobain Adfors, Grindwell Norton Ltd., SPG Glass Fibre Pvt. Ltd. and Supertech Fabrics Pvt Ltd.

Additionally, Techtextil India Symposium will also be conducted, which is the premier forum for the technical textiles industry (including nonwovens and composites) bringing together top-level speakers, technical specialists and highly qualified professionals across the industry.

The conference will attract speakers and delegates representing the entire cross-section and stakeholders at a common platform, including the leading machinery manufacturers, raw material suppliers, fabric suppliers, the end-product manufacturers, consultants, startups/new entrepreneurs, investors, research and development companies, testing, and certification authorities and industry associations, major textile institutions, etc.

Poised to be an integral part amidst Indian and international traders for the technical textile market in the country, the show will open an array of opportunities during its schedule from 20 – 22 November 2019 at Bombay Exhibition Center, Mumbai.

Holiday Inn Resort Phuket Announces Grand Re-Opening after $4.6 Million Make-Over

The Holiday Inn Resort Phuket today announced its grand re-opening after undergoing a USD$4.6 million renovation process in the last 7 months. An oasis of tranquility in bustling Patong, the refurbished resort successfully combines the established reputation of Thai hospitality with a calm, relaxed and luxurious ambience.

Having undergone a transformative make-over in its Busakorn Wing, the resort strives to provide guests with unrivalled high-end service, personal welcome facilities, premium-use swimming pools and a host of indulgent packages.

“Offering a fabulous resort within a resort experience, we are thrilled to unveil the newly renovated Busakorn Wing where tropical sophistication meets traditional Thai luxury. Offering a fresh guest experience for our new and returning guests, the beautifully appointed Studio Rooms and Villas meld heritage-inspired décor but with Modern Thai elegance,” said Bart Callens, General Manager of the Resort. 

As Patong’s first international hotel, Holiday Inn Phuket Resort has been serving guests for over 30 years becoming one of the most well-known hotels in the region. Located centrally in Patong with direct access to prime dining, entertainment and shopping locations, the hotel is sheltered from the crowds and provides a restful ambience.

As part of its re-launch, a total of 104 studio rooms, including 17 new poolside rooms, have been renovated. The new refurbishments also offer an adult-only villa area with pool access and poolview rooms, new facilities and exclusive indulgence packages.

“The interior design draws inspiration from the rich tapestry of Thailand’s cotton traditional weaving styles and careful attention has been paid to the finishing touches to create a truly distinctive holiday experience for our guests. Rooms overlook tropical swimming pools framed by landscaped gardens to create a peaceful oasis right in the heart of Patong. The Busakorn Wing has its own entrance and reception, and two additional swimming pools for the exclusive use of Busakorn guests,” Callens added.

Living up to Thailand's reputation as the Land of Smiles, Holiday Inn Resort Phuket aims to leave its guests with lasting smiles for the duration of their stay. The friendly and courteous staff is a reflection of the warm Thai hospitality and aligns with the highly-esteemed global reputation of Holiday Inn Resorts as an attentive and customer-centric brand. 

Dr. Jaya Vaidhyanathan Honored with Silver Stevies for the Lifetime Achievement Award and Innovator

The 16th Annual International Business Awards®, an international and all-encompassing business awards program, awarded Dr. Jaya Vaidhyanathan CEO of BCT Digital the Lifetime Achievement Award - Business Services Industries and Innovator of the Year 2019 with Silver Stevies®. Jaya has been recognized for her two decades of global experience in being a catalyst for digital transformation, and her vision for “reverse innovation”.

BCT Digital is division of Bahwan CyberTek (BCT), a global technology company specializing in AI, Blockchain, IoT and Predictive Analytics. Dr. Jaya, in her current role, spearheaded BCT’s digital transformation initiatives to build quality products for the global banking and financial services industry. She pioneered the award winning product on “Early Warning System”, a credit risk management product that helps identify incipient stress accounts early to reduce NPA. She is also the brain child behind other successful risk management products for Model Risk, Operational Risk and Liquidity Risk. The products are built using best in class technology combining AI, Machine Learning and Blockchain.

The 16th Annual International Business Awards®, known as ‘the International Stevies’, is a premier business award. It was created in 2002 to honor and generate public recognition of the achievements and positive contributions of organizations and working professionals worldwide. The 2019 competition attracted more than 4,000 nominations from organizations of all types in 74 nations. Winners were determined through more than two months of judging by the average scores of more than 250 professionals worldwide.

Gartner Says Global IT Spending to Grow 3.7 Percent in 2020

Worldwide IT spending is projected to total $3.7 trillion in 2019, an increase of 0.4% from 2018, according to the latest forecast by Gartner, Inc. This is the lowest forecast growth in 2019 so far. Global IT spending is expected to rebound in 2020 with forecast growth of 3.7%, primarily due to enterprise software spending.

“The slowdown in IT spending in 2019 is not expected to stretch as far into 2020 despite concerns over a recession and companies cutting back on discretionary IT spending,” said John-David Lovelock, research vice president at Gartner. 

Gartner analysts are discussing the emerging trends that are driving the digital society and IT spending during Gartner IT Symposium/Xpo, taking place here through Thursday.

Today’s complex geopolitical environment has pushed regulatory compliance to the top of organizations’ priority list. Overall spending on security increased 10.5% in 2019, with cloud security projected to grow 41.2% over the next five years. “This is not just about keeping the ‘bad guys’ out,” said Mr. Lovelock. “It is also about the expanding need to be compliant with tariffs and trade policy, intellectual property rights, and even with the multiple and sometimes overlapping privacy laws.”

Despite the ongoing tariff war, U.S. IT spending is forecast to grow 3.5% in 2019, but IT spending in China is expected to grow only 0.1%. “Tariffs do not have a direct effect on IT spending, yet,” said Mr. Lovelock. “Should tariffs extend to devices like PCs and mobile phones, we will likely see manufacturers switch supply routes to minimize costs and have their technology made outside of China.”

The device market will see the sharpest spending decline among all segments in 2019, down 5.3% from $713 billion in 2018. However, the market is expected to see modest growth of 1.2% in 2020. “Similar to how consumers have reached a threshold for upgrading to new technology and applications, technology general managers and product managers should invest only in the next generation of products that will push them closer to becoming a true technology company,” said Mr. Lovelock.

IT spending growth is being driven by the rest of the world catching up on cloud spending. The U.S. is leading cloud adoption and accounts for over half of global spending on cloud. In some cases, countries that Gartner tracks lag one to seven years in cloud adoption rates. “For perspective, the country directly behind the U.S. on cloud spending is the United Kingdom, which only spends 8% on public cloud services. An interesting outlier is China, which has the highest growth of cloud spending out of all countries. While China is closing the spending gap, it still will not reach U.S. levels by 2023,” said Mr. Lovelock.

Gartner predicts that organizations with a high percentage of IT spending dedicated to the cloud will become the recognized digital leaders in the future. “Most companies are caught trying to either cut costs or invest for growth, but the top-performing enterprises are doing both. A core challenge facing the industry is how organizations can operate as both a traditional company and a technology company at the same time,” said Mr. Lovelock. “These ‘and’ dilemmas will drive future IT spending trends.”

Gartner’s IT spending forecast methodology relies heavily on rigorous analysis of sales by thousands of vendors across the entire range of IT products and services. Gartner uses primary research techniques, complemented by secondary research sources, to build a comprehensive database of market size data on which to base its forecast.

Tata Tea Leaf Celebrates Chhath Puja with Unique Festive Pack in 2019

Tata Tea Leaf, a tea brand curated for Bihar and Jharkhand, celebrates the spirit of Chhath Puja by bringing out a special festive pack.

A very historic festival which comes with all its grandness and vibrancy, Chhath Puja holds great significance for the Sun God. It is a time when people spend sleepless nights in gearing up for the preparation of the festival. Starting with preparing festival signature sweets at home – Thekua, to visiting Ghats to offer Arghay, water to the Sun God with a Soop, tray of Puja elements, everything surrounding the celebration adds a tinge of extra zeal and joy of Chhath. Bihar and Jharkhand, during this time, are thronged by devotees who religiously perform prayers to seek blessings from Surya to live longer with all health and TT Buff LEAF With Dannedaar 250g 3D 19092019 (002) (002)prosperity.

Puneet Das, Vice President Marketing -India said, “Chhath Puja is the biggest and most renowned festival celebrated across Bihar and Jharkhand. It is associated with a lot of faith, excitement and joy. With the new festive pack of Tata Tea Leaf, we aim at celebrating this glorious festival with great grandeur. TATA Tea Leaf Chhath Puja pack aims to bind the festive feel over a special cup of tea while celebrating with the entire family.”

The brand rejoices the positivity associated with Chhath Puja and has created a pack that resonates with enthusiasm of the festival. The festive pack is an effort to add little spark to the festival by being a part of the celebration. Tata Tea Leaf’s festive pack is designed by keeping in mind the fine details of the festival which brings alive the essence of Chhath Puja.The relatable visual symbols show an ornamented woman performing Arghay, prayer by offering water to the Sun God with a beautifully decorated Soop, a traditional tray with Puja elements in it. The visual language of the pack with color scheme, symbols and imagery, are inspired by Chhath Puja and are chosen carefully to adorn the already festive looking base gold pack, to radiate positivity. To further add a touch of glee, TATA Tea Leaf offers a pack of Bourbon biscuit to relish with the refreshing cup of Tata tea and enjoy the festivities!