The CEO Magazine
A monthly magazine for business leaders and decision makers
Monthly Archives

April 2019

Good Friday: commemorating the saviour who died for us

Good Friday: commemorating the saviour who died for us Kindness, harmony, and love! May the blessing and Lord surround and be with you on Good Friday. Good Friday an important event in Christianity, it is observed on Friday that proceeds Easter Sunday.  This is the day when Christians commemorate the crucifixion and death of Jesus Christ on the Cross; the day represents the sacrifices and suffering in Jesus' life. People celebrate this day after attending a Good Friday service where they read the biblical accounts of…

Abhishek Bansal:  Chronicling the journey of a first-generation, new-age entrepreneur.

Trailblazer of financial market Abhishek Bansal:  Chronicling the journey of a first-generation, new-age entrepreneur. Abhishek Bansal: "Adversities and losses are the GURU DAKSHINA that we pay to our greatest teacher — LIFE". Abans Abans Group was founded in 2005 by Abhishek Bansal. Abans provides comprehensive business solutions through its subsidiaries spread across the globe and its association with various International Broking Houses. Abans has evolved multi-fold from a trading house to a quintessential…

Partnership Firm: Drawback and Benefit

Partnership Firm: Drawback and Benefit The partnership is basically the relation between persons who have agreed to share the profits of the business carried on by all or any of them acting for all.  The owner of this firm are individually called partners, and collectively they are called as firm.  There are both pros and cons in starting a partnership firm. Here is the list to evaluate whether it is beneficial or full of losses: Capital Availability  Unlike One Person Company, partnership firms are formed with more…

C Corporations: all positive and negative points

C Corporations: all positive and negative points A C corporation is a business term that is used to describe a unique kind of entity in which profits are taxed separately from its owners as per the subchapter C of the Internal Revenue Code.  A C corporation is owned by shareholders, who must elect a board of directors that make business decisions and oversee policies. There are multiple advantages of operating as a C Corporation: The owners of a C corporation do not have to carry a lot of liabilities, as they have…

Advantages of Initiating a Private Limited Company

Advantages of Initiating a Private Limited Company Private Limited Company is the most famous type of business entity in India. It limits owner liability to their shares and restricts shareholders from publicly trading shares. The registration of Private limited company is governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, there is a need for a minimum of two shareholders, and the maximum number of members is 200. A Private Limited Company is considered…

Limited Liability Company: Profit and Loss

Limited Liability Company: Profit and Loss The limited liability company is based on great flexibility and it requires less paperwork. This business entity provides limited liability protection features of a corporation and the tax efficiency and operational flexibility of a partnership. In this kind of company, owners are not taxed as a separate business entity but, all profits and losses are distributed among each member. The members of the company report profits and losses on their personal federal tax returns. And, the…

Dr Sarvepalli Radhakrishnan

Dr Sarvepalli Radhakrishnan Remembering Sarvepalli Radhakrishnan on his 44th Death Anniversary… Dr Sarvepalli Radhakrishnan is considered as one of the most recognized and influential Indian thinkers. He was a well-known academic, philosopher, and statesman.  Radhakrishnan was the first Vice President of India; he had severed from 1952 to 1962. In second tenure, he was serving India during 1962-1967. Radhakrishnan was an eloquent spokesperson and used to stand in the support of Indian culture and religion. In 1904, He…

Top 5 laptop brands in India

Top 5 laptop brands in India To survive in today's world, a laptop is almost a necessity. Whether you're a businessman using a Mac to deliver a presentation or a college student who needs a Chromebook for class, they make life that much easier. Laptops changed the way we were using technology, selecting the best laptop from all the brands has become a little complex as an array of laptop brands are available in the market. So, which are the top 5 brands of laptops in India, at first glance that's not an easy question to…

Top 5 Cosmetic Brands in India

Top 5 Cosmetic Brands in India Cosmetics are something which have become an integral part of a woman’s fashion statement. They not only manage to camouflage her flaws but also enhance her features. The Indian cosmetics industry has seen strong growth over the past few years and emerged as one of the industries holding huge potential for further growth. Cosmetics market is projected to grow at a CAGR of over 6% during 2019-2024.  Increasing demand from youth population, increasing adoption of western culture & lifestyle…

Pros and Cons of Sole Proprietorship in India

Pros and Cons of Sole Proprietorship in India A sole proprietorship is the simplest form of business entities to start and is owned by one person. It is also the oldest form of business organization. In a sole proprietorship, it is the privilege and the responsibility of the owner to manage the affairs of his company. He needs to take decisions in all aspects including managerial, financial and others to ensure efficiency and profitable conduct of business. Sole proprietorships are attractive for small business owners…

Merit and Demerit of One Person Company

Merit and Demerit of One Person Company One Person Company is a type of modern business entity. It allows operating a corporate entity by a single entrepreneur with limited liability protection. OPC is also said as a combined package of a Sole Proprietorship business and a Company, borrowing the best of both worlds. It came into existence after the Companies Act, 2013. The purpose of this type of business organization is to encourage startups. With this kind of business entity, any person can start business individually…

How to Register a Company in India?  

How to Register a Company in India?   Each business in India is registered according to the procedure initiated by the Ministry of Corporate Affairs (MCA) of the country. And, it is so efficient and quick that we can get a company formed in just 7 days. All the documents are filed electronically without any physical appearance in any Gov. Office. The registration process includes some rules and some registration like Digital Signature Certificate (DSC), Director Identity Number (DIN) and more.Step- 1:  Acquire Director…

Using Open Source – The Right Way!

Using Open Source - The Right Way! In today's world, most developers make use of open source. But, what exactly is Open Source? Open source software is the software that grants anyone with the freedom to copy, inspect & enhance as per their needs. Some common myths about Open Source Software You cannot use free & open source software in a proprietary environment. All open source licenses require the release of source code for everything. The easiest answer to FOSS is to just “say no”. But the…

Types of Business Entities to Start in India

Types of Business Entities to Start in India Presently, India is considered an emerging market with a lot of opportunities for investors. The diverse economy presents all sorts of business entities for doing business in the country. Here, there are five major business entities, which are trading in the entire country: Sole proprietorship A sole proprietorship is a business that is owned and managed by a single person; it is also known as a one-man army. The liability of the sole proprietor is limited to the extent of…

Lustrum FY15-19 saw sharp increase in fresh investment

Press Release  Lustrum FY15-19 saw sharp increase in fresh investment The 74th Survey of projects investment in India conducted by Projects Today indicates that during the five-year period FY15-19, 47,911 new projects were announced with a total investment of Rs 60,51,281 crore as against 43,876 new projects worth Rs 29,28,125 crore announced in the preceding five-year period FY10-14, a rise of 106.7 percent. The buoyancy in announcement of fresh investment was observed across all major sectors except the Electricity…

Averting the Ache: Flutura, the AI-powered smart future of Oil & Gas Industry, Process Chemicals and other heavy engineering sectors

Averting the Ache: Flutura, the AI-powered smart future of Oil & Gas Industry, Process Chemicals and other heavy engineering sectors It’s not an easy task to be an entrepreneur- you have to keep your head high and look straight into the eyes of the challenges. In our routine life, we are encountered by inspiring stories about business leaders who observed the industrial clog and dared to move and shake the existing global business environment with their passion and commitment. Having in the heart a catalyzing ingredient…

Align Media: The Maverick Storyteller spawning a fresh perspective to brands’ message with a new face 

Align Media: The Maverick Storyteller spawning a fresh perspective to brands’ message with a new face  Picture this: You head a meeting and is versed with a fact that your company needs to shoot up its marketing game. But the modern world of marketing stands as a mosaic of complexities and trucking with a creative advertising agency to steer your brand becomes tumultuous. Advertising has travelled a long way while witnessing a thousand miracles. From the emergence of the printing press in 1440s, to the advent of…

Kalyan Sridhar: Capitalizing on digital transformation

Kalyan Sridhar: Capitalizing on digital transformation As we enter the 4th Industrial revolution, connecting physical products to their digital copy opens a world of possibility that is changing everything we know about manufacturing and engineering. Embarking on a digital transformation journey is crucial for companies to remain competitive. The potential and value of Industry 4.0, IoT and AR are exponential. Whether it be Engineering, IT, Design or Marketing – IoT and AR transform how they interact together and work…

LoanAdda Revolutionizing the Indian Digital lending landscape with AI

LOANADDA REVOLUTIONIZING THE INDIAN DIGITAL LENDING LANDSCAPE WITH AI Anshuman Mishra is out there to change the way under-served consumers seek a loan with his fintech firm, LoanAdda. He is constantly ripping the traditional rule book to emerge with newer innovations and unique offerings providing customized financial requirements for those locked up with limited banking access.                 As it is answering newer challenges every day, technology has become the 'fuel' powering a multitude of industries and…

Shashikant Hegde: a thorough professional creating history with Projects Today

Shashikant Hegde: a thorough professional creating history with Projects Today Companies spend huge amounts of time and money on creative marketing campaigns to attract new customers. All that effort is useless if you do not have good databases which allow you as a business owner to know which customers are your objectives. Customer segmentation is one of the biggest benefits of online databases and allows one to perform direct marketing activities dedicated to a group of potential customers. Online databases have enormous…

Sanjay Sarda Framing leadership perfection with trailblazer of entrepreneurship, Neotec Hub

Sanjay Sarda Framing leadership perfection with trailblazer of entrepreneurship, Neotec Hub Success is the outcome of knowledge, experience, ability, and an excellent network extension and Neotec Hub is visualizing the fact in the entrepreneurialism. The worldwide integration of financial assets, market competition, and technological innovations have made it difficult for new players to transform their business idea into reality. In the changing sway of the economy, while the new entrepreneurs are getting it difficult to…

A Theatre Actor’s splendid journey which restored his self-esteem

A Theatre Actor’s splendid journey which restored his self-esteem This is the story of hairline transformation of 51-year-old Gaurav Jain (name changed for confidentiality reasons) who runs a popular acting school, considered one of the best platforms for aspiring actors and theatre lovers. As a theater artist and coach, he is always in the limelight and looked upon by budding actors as a role model. Over time, Gaurav had started losing hair and a bald patch became discernable in the front, hampering his self-esteem…

Ashutosh Kharangate: Advising Businesses to Reach the Apex through MARC

Ashutosh Kharangate: Advising Businesses to Reach the Apex through MARC In this competitive era of vast modernization, maintaining your existence in the business industry is a tough task. In every vertical whether it be services, education, legal or business; there is an arduous competition. Every organization is trying to step on its rivals to move ahead and stay at the curve. In this world of prodigious opportunities and complexities, business organizations are looking forward to establish new connections and are finding…

World Health Day:  celebrate and promote healthy living 

World Health Day:  celebrate and promote healthy living  7 April is celebrated as World Health Day every year. It is one of the eight official global health campaigns of the WHO. The day sparks awareness, activities and media reports based on health issues. It was started from the inception of the First Health Assembly in 1948 in Geneva by the WHO. Here, it was decided to celebrate World Health Day annually on the 7th of April. First World Health Day was celebrated in the year 1950. Even in this ultra-modern age,…

Vinay Arora: exemplar of entrepreneurial success

Vinay Arora: exemplar of entrepreneurial success If you really want to generate more business with a quality website. It may be the first line of communication between your business and potential guests or visitors. The great advantage of having a website for your business is that the website will be available 24 hours a day, 7 days a week and can be viewed from anywhere in the world. Therefore, anyone can collect suitable information from the website at any time. In today's business environment and to beat the competition,…

TSSC in partnership with Ericsson India Private Limited opened Centre of Excellence under CSR initiatives in Sonipat

Press Release TSSC in partnership with Ericsson India Private Limited opened Centre of Excellence under CSR initiatives in Sonipat As part of Corporate Social Responsibility (CSR) efforts, Telecom Sector Skill Council, in collaboration with Ericsson India Private Limited, inaugurated the Centre of Excellence in Bhagat Phool Singh Mahila Vishwavidyalaya in Sonipat, Haryana to train 200 college girls / women of Delhi NCR region. The event was graced by Lt Gen SP Kochhar, CEO, TSSC and Mr. Nitin Bansal, Managing Director,…

Is The Time Of Sign-In And Sign-Out Of Visitors Is Noted Correct On Papers? Go Accurate With Visitor Management Software

Is The Time Of Sign-In And Sign-Out Of Visitors Is Noted Correct On Papers? Go Accurate With Visitor Management Software Workplaces are quickly evolving due to the growing needs of the businesses to handle them productively. All business enterprises are using modern day technologies and tools to maximize resource efficiency. Hence, time-consuming, mendacities’, and repetitive processes are being removed and their digital counterparts are being placed. One of the integral processes in any organization is Visitor Management…