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Kerubiel:

Mr. Laszlo Dellei’s Vision to Transform the Global Cybersecurity Scenario

Small Business Ideas In Indian Pharmaceutical Industry

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Century Pharmaceuticals Ltd: Mr. Janak Sheth’s Goal to Provide Quality Healthcare Products to All Indians Dr. Janak Sheth Owner & CEO

Editor’s Note 2020’s Most Stoic Entrepreneurs: Market Players Who’ve Shown Consistent Advancement in R & D

n the past few years, many industries have shown rapid advancement on the R & D front, doling out several breakthrough products and technologies that’ve not only changed lives but also created a paradigmshift within the market. This is especially true for the pharmaceutical and IT industries, wherein several entrepreneurs have invested huge amounts of money and resources in R & D initiatives. One such entrepreneur is Dr. Janak Sheth, Owner & CEO of Century Pharmaceuticals. In the face of the pandemic, Dr. Janak has persistently catered to the medical needs of his customers by producing safe anti-viral drugs. Furthermore, his brand is planning on introducing 4 innovative products this year, all of which have extensive R & D behind their formulation. Dr. Janak is the very definition of a ingenious entrepreneur – a market player who’s astute at turning market uncertainties into opportunities. Another such example is Mr. Laszlo Dellei, CEO of Kerubiel. Despite such trying times, Mr. Laszlo hasn’t deterred from his vision of transforming the global cybersecurity scenario. His brand is constantly improving the quality of its IT solutions across various facets like Data Privacy, ICTs Information Security, etc. In addition to this, he’s also started offering AI-Based Tailored Solutions to clients, such as AI-based claim management and financial solutions. These reformative steps have spurred many others in the industry to follow suit. While most of us may not be high-ranking CEOs, we can definitely take some inspiration from these entrepreneurs and imbibe their desirable qualities. Firstly, we should adopt their visionary mindset, which would be our driving force amid challenging times. Secondly, we must have an inventive nature – a desire to create something novel out of available tools and resources. These two traits alone will account for 75% of all entrepreneurial success. They’ll also help us mould a staunch character, which is truly the most valuable asset a person has.

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Cover Story

Dr. Janak Sheth Owner & CEO

Century Pharmaceuticals Ltd:

Mr. Janak Sheth’s Goal to Provide Quality Healthcare Products to All Indians

Kerubiel Mr. Laszlo Dellei’s Vision to Transform the Global Cybersecurity Scenario 18 LÁSZLÓ GYÖRGY DELLEI | OWNER, CEO

C O N T E N T

Cylsys Software Solution Pvt Ltd:

An Impactful IT Brand That’s Redefining the Status Quo in the Industry

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VIKAS CHOPRA CEO & MD at System Needs

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How to Start Your Online Business 48

Pharmaceuticals Limited

Century Pharmaceuticals Ltd: Mr. Janak Sheth’s Goal to Provide Quality Healthcare Products to All Indians

ndia’s healthcare scenario has undergone massive transformation in the past few years. There’s a growing need for potent, quality medicines that cause fewer side effects, which has spurred pharmaceutical companies to invest heavily into R & D. While earlier only the big brands took the credit for producing innovative drugs, recently, even the smaller ones have pioneered breakthrough reforms in the industry. Century Pharmaceuticals Ltd. is one such brand which has a host of drug innovations to its name. A brainchild of Mr. Janak Sheth, the brand was established back in 1980 with the purpose of manufacturing active pharmaceutical ingredients. Initially, it offered only two products to its customers. Today, 40 years since its inception, the brand has attained exponential growth in not just its product offerings but also its market outreach. Century Pharmaceuticals currently produces 40 different products across a broad spectrum of drug categories, and exports them to 60 countries worldwide. Besides this, the brand has also established a WHO GMP Plant with zero discharge.

Mr. Janak Sheth’s Inspiring Entrepreneurship Journey

Undoubtedly, the most inspiring elements of an entrepreneur’s success story are his struggles and challenges along the journey. They enrich us with hope, wisdom, and also the motivation to hold steadfast to our goals in the face of adversity. Mr. Janak Sheth’s Entrepreneurship journey too was filled with trials and tribulations, many of which are responsible for moulding his staunch character today. He graduated from IIT Delhi in 1976 as a chemical engineer. Soon afterwards, he joined a multinational pharmaceuticals company, wherein he had to design, install, and run a plant overseas. During the course of this job role, Mr. Janak Sheth acquired all the knowledge and technical acumen that was needed for running a company. After about 4 years, he quit the job and started his own unit, with 95% of its finances being covered by government loans. Initially, Mr. Janak had to endure a lot of difficulties since he had no prior experience in business. Furthermore, he was operating on a very low capital, which made it hard to sustain the business for long. However, despite the daunting circumstances, Mr. Janak persevered and after three years of struggle, he finally paid back all the loans he’d taken from the government much ahead of time. The company has been growing ever since, continually expanding its clientele at both national and international levels. It has also managed to secure a long-term relationship with all its Dr. Janak clients, retaining most of

Sheth | Owner & CEO

Century Pharmaceuticals’ Noteworthy Certifications and Recognitions

Over the years, Mr. Janak Sheth and Century Pharmaceuticals have received a multitude of certifications and recognitions, both on the national and international level.

Here are some of the most notable ones: Century Pharmaceuticals: • Fair Business Practices (Indian Council for Fair Businesses). • Gold medal for Excellence in Business Practices (Switzerland). • Gold Award from Lockheed Martin in Biotech technology. • FGI award for Excellence “Outstanding MSME” – 2011. • Leaders of Tomorrow by ET Now – October 2013. • Winner of Quality Mark Trust Awards 2016. • Qualified for Gold in ZED Certification from QCI India (ZED ID – ZEDQCI1211718). • The Most innovative Brand – 2019 in Business View Magazine. • India’s Leading Pharmaceutical Companies to watch in 2020 by Prime View Magazine.

Vaishali Sheth | Executive director its original customers. Mr. Janak, through his 40 years of grit, perseverance, and hard work, has inspired a lot of budding entrepreneurs to follow in his footsteps. Moreover, he has garnered widespread recognition in not only the pharmaceuticals but also several other industries.

Mr. Janak Sheth • • • •

Mr. Janak’s Broad and Diverse Clientele

Century Pharmaceuticals serves to a broad spectrum of clients, from small and medium sized organizations to large and even multinational companies. Generally, the regulatory requirements of large and multinational brands are very complex. It takes a detailed and methodical approach to satiate their specific demands. However, despite the convolutions of the process, Mr. Janak Sheth enjoys working with all kinds of customers and catering to each one’s unique requirements. This dedication towards customer service has helped him retain most of his customers while fostering the brand’s growth at the same time.

CEO of the year by Business Connect Magazine Nov. 2018. An Aspiring Entrepreneur in Technology Widgets Magazine – March 2019. Business APAC’s Zealous Business Leaders of 2019. Best Entrepreneur 100 in CEO Insights Magazine – March 2019.

How Mr. Janak Keeps Pace With Changing Market Trends

Owing to the abundance of information on the Internet, it’s very easy for one to keep up-to-date with the latest market trends. Mr. Janak has subscribed to the mailing list of several national and international technology magazines, journals. He feels that this is a great way of keeping up with the latest changes in the market. Apart from this, he is also a part of numerous industry groups and chambers of commerce, wherein he gets to interact with fellow industrialists about the changing

markets. He and his team also regularly participate in national and international exhibitions. This helps them increase brand awareness and connect with potential customers in focused markets.

which enables a continuity of efficient operations.

How Mr. Janak Strikes a Work-Life Balance

Being the CEO of a large organization, Mr. Janak has a very busy professional life. He has to travel to various countries to meet his customers. Fortunately, his family is very supportive of his work and has managed to accommodate to his hectic schedule. They usually combine the customer visits with small breaks in those countries. His wife is also a part of the business and looks after the company’s factory. He also enjoys a very active social life with friends and family. He’s associated with several industry groups and chambers of commerce wherein he has held key positions. He has also held leadership positions in various social organisations in which he contributed to the lower sections of the society. All in all, Mr. Janak does a fine job of juggling his personal and professional life – a task which seems challenging to most entrepreneurs.

Century Pharmaceuticals’ R & D Initiatives

Mr. Janak believes that in India, most organizations neglect R & D and focus a majority of their resources/ capital on production. This is quite counterproductive in the long run, as a brand’s products are unable to meet the ever-changing market demands. Consequently, they become obsolete after a short period of time. Century Pharmaceuticals, on the other hand, has always kept a sharp focus on R & D. It has continually improved its processes and developed new products. In 2008, the brand ventured into the research of a novel recombinant protein for the treatment of Asthma and allergies. The brand also worked on a research boutique concept wherein it did research on a certain molecule. After establishing the proof of the concept, it out licensed it to a big pharma company. Furthermore, the brand has established invivo proof of concept and is working on a vital proof of concept so that it can out license the Asthma molecule as well. Currently, Century Pharmaceuticals’ R & D Team is engaged in stem cell therapies and in the development of personalised cancer treatment with a targeted therapy approach which promises no side effects. Although these are long-term investments, Mr. Janak feels that even if one of the projects comes to fruition, the company will gain huge benefits.

Mr. Janak’s Thoughts on Today’s CEOs

Mr. Janak believes that each CEO is unique and doesn’t face any competition, as such. He is alone in his quest to drive his organization, and has to constantly compete with himself to bring about self-improvement. The vision, drive, and motivation provided by the CEO is the fuel of any organization’s growth. For this reason, CEOs should be asked to compete on select parameters on a forum. This would constantly motivate them to excel in all areas of their job. The concept would work exceptionally well in a country like India, where CEOs play a pivotal role in the company’s operations. Furthermore, he says that it’s necessary for today’s CEOs to have utmost belief in their company’s success. Since a CEO is at the helm of a company, his mind should be completely free from any doubts. In case the CEO has some doubts in mind, he should immediately consult and resolve it with his colleagues, or hire a consultant for the same. Altruism, according to Mr. Janak, is another quality that today’s CEOs must possess to be successful. Unless a CEO gives importance to the wellbeing and betterment of others, he can’t be an effective leader. Moreover, helping others with their issues might help him resolve his own issues! This is why Mr. Janak likes to help fellow industrialists with their problems. It not only benefits

Why Mr. Janak Gives Utmost Importance to the Wellbeing of His Employees

According to Mr. Janak, employees are the greatest asset of any organization. By keeping them motivated and focused on their work, the company can dramatically boost its performance. So as to create an un uplifting work environment, he urges all the employees to share their success stories in the office. Not only does this keep their spirits high, but also fosters healthy competition amid the employees. Each one feels motivated to outperform his/her colleague. He also ensures that all his subordinates take particular care of each employee’s unique needs. With employee contentment comes lower turnover of people in the organization. This creates stability in the workforce,

them but also broadens his perspective in the process. When asked about who his source of motivation is, Mr. Janak said that he looks up to a very successful CEO who’s running a much larger company than his. The person, who happens to be a friend of his, has achieved a lot of distinctions in the industry and is revered by many. Whenever Mr. Janak encounters a perplexing dilemma, he makes it a point to first seek advice from his CEO friend. He implicitly trusts their guidance and wisdom.

growing economy with a bright future. The entire world is looking at India and its GDP growth. The responsibility to grow our company lies with us. If we grow, so will our country. We should take our job role as a CEO seriously and contribute not only in terms of revenue but also added profits to the national economy. We must be a 5 trilliondollar economy soon. All of us should work towards this goal, as it’ll help us become the third largest economy of the world within the next 5 – 10 years.”

Mr. Janak’s Altruistic Endeavours

Mr. Janak Sheth feels that his brand has attained great financial success over the years, so consequently, it’s his duty to give back to the society. He and his team have invested a lot of efforts in the upliftment of rural people and infrastructure. The brand’s factory is located in a rural setup and most of its workforce comes from neighbouring villages. Hence, it does most of its CSR activities in these villages. These activities are mostly focused on the improvement of water quality and sanitation measures in the villages, such as the construction of overhead tanks, eco-friendly toilets, etc. Apart from such initiatives, the brand also actively works towards the improvement of infrastructure in village schools. This creates a better learning environment for rural students, enabling them to study with ease.

Mr. Janak’s Plans For The Future

Being on a steady growth path, Century Pharmaceuticals is slowly expanding its geographical outreach by catering to newer markets. It is adopting a systematic approach to execute its plan of action. This year, Century Pharmaceuticals’ R & D department has planned on introducing 4 new products. The company currently boasts of a wide range of products, and Mr. Janak feels it’s about time he starts cross selling their products with existing customers. The company’s great performance with existing customers has earned it numerous references. Many new customers are seeking the company’s services, which has further strengthened its reputation in the market.

Mr. Janak Sheth Message to the Readers of Prime Insights Magazine

Emphasizing on the need for a holistic economic approach, Mr. Janak Sheth says that each CEO should not only focus on his company’s financial success but also the GDP growth of the nation. Here’s his message to the readers of Prime Insights magazine: “India is a fast-

LÁSZLÓ GYÖRGY DELLEI | OWNER, CEO

Mr. Laszlo Dellei’s Vision to Transform the Global Cybersecurity Scenario

n today’s digital age, companies across the globe are under constant threat from issues such as cyber hacking, phishing, and data theft. These cybersecurity dangers present numerous hindrances to the companies’ operations, as the customers’ database is at risk. Given the looming trend, every company must hire a reliable IT consulting firm to tackle these cybersecurity issues. Kerubiel is a leading IT Consulting and solution provider firm that specializes in Information security, Data Privacy, ICTs, and Security. In addition to this, the company also offers special AI-based tailored solutions like AI-based claim management and financial solutions. Over the years, Kerubiel has catered to the cybersecurity needs of dozens of clients across various industry sectors such as finance, insurance, healthcare, employment, etc. Some of the company’s clients have also been governmental organizations and start-ups. The brand strives to continually improve and expand its services across all facets of cybersecurity.

Kerubiel’s Top-Notch Consulting Solutions

Based in Hungary, Kerubiel offers the most advanced, state-of-the-art cybersecurity systems that are developed as per different IT standards such as the NIST 800-53 and ISO 27000 controls assessment. The company also offers high-end Information Security Counselling services and IT Audits to its clients. CEO of Kerubiel, Mr. Laszlo Dellei, feels that opting for just information security is not enough. The privacy and data security of the company are also equally important, in the initial stages after the application of GDPR. “Complex and personalized solutions are necessary to be taken, as a corollary to information security. To this end, Kerubiel offers a wide range of services to ensure GDPR compliance such as counseling on data security measures based on GAP assessments, outsourced activities (DPO or CISO services), and training and education,” said Mr. Dellei. Kerubiel has also joined the Hungarian AI Coalition and is an active participant in all its programs. By offering these services, the brand aims to establish an innovative scientific community.

LÁSZLÓ GYÖRGY DELLEI | OWNER, CEO

Kerubiel’s Achievements and Noble Agendas

How Mr. Dellei Keeps Pace with Changing Market Trends

Over the years, Kerubiel has won numerous awards for its technological excellence and commitment to quality service. Some of its most notable achievements have been in recent years. In 2019, one of the company’s products won the Product Development grand prize of IT Business Awards. On the development front, the company created its first Industrial Control System Specific Cyber Threat Intelligence Tool systems. It is also working on the development of an advanced orthodontic IoT-based solution. For this project, the company is working closely with knowledge centers like the University of Malta, the British and Cyprian Research centers, and the University of Pisa. When it comes to giving back to society, Kerubiel has indulged in various social initiatives. The company is one of the leading supporters of the Hungarian DPO Ball, an annual event that provides data protection experts, officers, and the employees of the Hungarian Supervisory Authority a platform to discuss ideas. The company also supported numerous initiatives that helped the people in need during the second wave of COVID-19 in Hungary.

For any business to survive in the market, it has to stay updated with the emerging market trends. With Kerubiel, Mr. Dellei tries to lead by example. He ensures that the company always provides solutions or applications that have been tried, tested, and utilized before. To achieve this, the company gathers knowledge about all the emerging trends consistently. “Being prepared means being well-educated in any field that might be of relevance. Therefore, all employees are strongly encouraged and supported in their efforts to widen their knowledge or skills.” Mr. Dellei stated.

Mr. Dellei’s Take on Stereotypes and His Source of Inspiration in the Industry

When it comes to stereotypes, Mr. Dellei believes that one must not allow them to shape his/her life. According to him, success comes from different sources and at different times to everybody. That’s why one must never give up on his/her dreams merely because they couldn’t fit into a stereotype. “The world goes forward because people are willing to think unconventionally, outside the box, thus igniting creativity and innovation. Without these aspects, the world would be a poorer

Mr. Dellei’s Inspiring Entrepreneurship Journey

Founder and CEO of Kerubiel, Mr. Laszlo Dellei, since the beginning of his career, mainly dealt with IT and Information security issues. He advised his clients on IT Infrastructure protection and how to tackle possible cyberattack threats. As time went by, Mr. Dellei realized how his area of expertise organically merged with other fields like data protection. Spurred on by his previous progress, Mr. Dellei joined hands with co-operating experts belonging from various fields, as a means to gain more relevant knowledge and skills. During this time, Mr. Dellei got the idea of launching a company that could provide counseling on IT and all related fields. And so, in 2017, Kerubiel was established with the intent of serving as a onestop-shop for all consulting needs.

“For those who look up to us, we usually convey

the basic principles of Kerubiel: resilience, open-mindedness, and lifelong learning. We consider technology as an opportunity for further improvement that might shape our services as well as the operations of the clients.

”

How Mr. Dellei Ensures the Satisfaction of his Employees-

At Kerubiel, employees are treated as exceptional experts in their respective fields. They are frequently encouraged to grasp practical as well as theoretical knowledge whenever they can. The company firmly believes in pushing its employees to take initiatives and take active participation in all of its conferences as well as training.

Mr. Dellei’s Noteworthy Laurels

Mr. Laszlo Dellei, the Founder and CEO of Kerubiel is one of the leading Information Security experts in Hungary and Worldwide as well. He is an active executive member of ISACA. In 2019, he was given the title of the GDPR envoy of ISACA HQ, and in 2020, he was regarded as the Privacy Spokesperson of the same. Mr. Dellei is CISA, CGEIT, CRISC, CDPSE, C|CISO, and certified expert witness. He is also an ITSM and InfoSec professional with a multidisciplinary background. In the last 20 years, he has led numerous successful Security and ITC projects, along with various assignments in the Financial sector. At present, he is pursuing his university studies from the ELTE Institute of Postgraduate Legal Studies to become a professional expert in Data Protection and Data Security.

Mr. Dellei on the importance of R&D-

According to Mr. Dellei, an IT-based company should never neglect the importance of R&D as it thrives on innovation. “Technology-based applications house both, the potential to improve the operations and security of IT, and information systems and the threat to disrupt such infrastructures. For instance, AI-based privacy enhancement and security applications are available in the market. On the other hand, AI is exploited by cybercriminals to override conventional

security measures. Thus, a company providing services in these fields has no other option but to constantly research, develop, and utilize such technologies.” He stated. Last year, the company pushed its R&D department to stay updated with all the latest industry trends. As of lately, the company has also been taking active participation in numerous R&D projects on emerging technologies like AI and VR. One of the projects the company is involved in aims at simplifying cybersecurity by adopting an advanced AI-based solution. Another such project is focused on a VR-based health app that offers assistance to stroke patients. Being a member of the Hungarian AI Community, the company keeps itself engrossed in R&D with the intent to always come up with innovative and efficient technologies.

Mr. Dellei on Entrepreneurial Participation in Today’s timesMr. Dellei believes that the entrepreneurial participation evident in today’s times is based on mutual assistance, innovative solutions, and shared knowledge. The competitive environment encourages entrepreneurs to be creative, thereby strengthening the resilience of the economy.

Mr. Dellei’s Future Plans for Kerubiel-

When it comes to Kerubiel’s plans for the future, Mr. Dellei wishes to make R&D a central part of the company’s operations. As Hungary has recently adopted its first modern AI strategy, the company’s main focus will be on AI and other related research projects. Through Kerubiel, Mr. Dellei also aspires to establish fruitful connections with various experts in other fields. With this, he is hopeful that the company will bag national as well as international projects, thereby making an impact on a regional level. “Hopefully, our fresh and innovative, yet professional approach provides an opportunity to Kerubiel to become one of the most innovative leading company providing counseling to its clients in the CEE region.” He stated.

Mr. Dellei’s Message to Aspiring Entrepreneurs-

Every aspiring entrepreneur needs some words of encouragement on a timely basis. Having been in the industry for nearly two decades, Mr. Laszlo Dellei has acquired some profound wisdom that he’d like to impart to young entrepreneurs. Here’s what he has to say, “ At Kerubiel, we believe that patience is of utmost importance for a successful company. Success is not immediate. It comes in time if the company works hard to achieve the goals set out in a welldefined strategy. Even if you have found the right way, minor setbacks are always waiting for you. If you overcome them and you clearly show the path for others, especially your employees, you will experience success.”

Top ten WordPress Themes that Artists love to use Introduction

Artists today are all vying for the maximum attention in front of others. They wish to showcase their work in front of others. So, they often choose WordPress, one of the simplest ways to create a website. However, WordPress is one of the simplest and most popular tools, for creating the website. But more than WordPress, it is much more necessary to purchase a WordPress theme. Artists believe that by establishing limitations will increase productivity. But it is a false notion, since, there are hundreds of WordPress themes, from which we can select the appropriate theme. Now, let us select the ten topmost WordPress themes for artists.

1) Astra

For initiating your WordPress site very quickly, Astra should be your prime choice. In this theme, it is supposed to be very simple, very light customized layout, and a wide choice of ready-to-use templates. Astra is perhaps the fastest theme around and it is the preferred choice of artists, for creating high performance websites.

2) Divi

Divi is another of the multipurpose WordPress theme, which helps the user for making various type of websites. This WordPress theme is very customizable. Divi, the WordPress theme is powered by the Divi Builder, a flexible WordPress builder. Using the drag and drop interface of Divi’s, custom layouts are implemented across pages, without any coding. The user gets readymade designs for selection and you can customize your selection to the customer’s liking.

3) Flora

Flora is an excellent theme for artists, who wish to display their work. This WordPress theme consists of creative features and design options like modern mega menu, lots of Google fonts, parallax and Fullscreen options and four pre built navigation layouts. Besides, Flora’s website has a single page. This page transforms the content into one stream and UI interface reduces the learning for new users.

4) Portfolio

Portfolio is a WordPress theme, which is minimum and clean for designers, artists and freelancers, for presentations. This theme is made on Bootstrap framework, which is useful for mobile viewing. This WordPress theme provides two blog styles and five different post types, widgets for Twitter and Instagram and five hundred Google Fonts.

5) Pixel

Pixelâ&#x20AC;&#x2122;s back aesthetic makes it ideal for freelancers, creative groups and modern startups. The users are automatically engaged with the website, to give a viewing free of distraction. Pixel is very compatible with SEO with a customizable layout and appearance. The theme options of the Pixel, make customization very easy. 6) Musisi For those of who are into your music or other arts related project, Musisi is the perfect WordPress theme. The design is customized along with releasing events and music. The design consists of post templates and page templates for news, events, videos and discography. This WordPress theme also has a very strong theme options panel, where the details of the site and changes are updated. This WordPress theme is highly SEO optimized.

7) Oscillator.

Another very common WordPress theme which is used extensively by music lovers is Oscillator. This theme consists of built in streaming audio player, which you put into your pages, so users can listen. The music player can follow a given track list, or stream from a live radio station. Oscillator provides post types for events, discographies and promotional galleries for media. The website pages are search optimized.

8) OceanWP

OceanWP is the no1 multipurpose WordPress theme, with hundreds of downloads and maximum ways to style your website. OceanWP is highly compatible with popular page builders like Divi, Elementor and WPBakery. This WordPress theme also gives its own extension like Instagram extensions. The user must investigate the options, what this demo can do.

9) Kallyas

Kallyas is one of the most widely used and most popular multipurpose WordPress Themes. The user will be able to make unlimited designs for the site with more than hundred design elements, or you can import demo design from the collection of examples. Users will get specific sites for freelancers, photographers and general creator profiles.

10) Uncode

This theme is perhaps the most popular theme and the most versatile out of all of them. Any sort of requirement, you have and there is a matching Unocode layout. Uncode is made around the WPBakery page builder and it depicts excessive customization. The specialties of Uncode consist of images, which compress automatically and resize, for decreasing loading time of the page. The page has quick toggling between the dark color and light color schemes and specialized tools for creating media galleries, for adding new art.

Conclusion

In this article, readers will get the knowledge about the top ten supreme wordpress themes for artists. They will come to know, which one to use, for what purpose and at what time, exactly. In this way, they will be able to make the best choice, without wasting their time and hard-earned money on something worthless.

Cylsys Software Solution Pvt Ltd: An Impactful IT Brand Thatâ&#x20AC;&#x2122;s Redefining the Status Quo in the Industry

T plays a pivotal role in fostering innovation in any business. It helps businesses enhance their efficiency, value, and productivity. This is why hiring a professional IT support team is crucial for any organization. Cylsys Software Solution Pvt Ltd is an engineering-driven firm that offers topnotch IT solutions to businesses. The company specializes in IT staffing, Software Development, and Digital Marketing, amongst various other IT solutions.

PAWAS GOYAL | FOUNDER & DIRECTOR

Cylsys Software Solution: An All-Encompassing IT Solutions Brand Cylsys Sofware Solution Pvt Ltd was established in 2010 as a software development organization. Cylsysâ&#x20AC;&#x2122;s goal at the time was to help firms achieve their business objectives through the power of information technology. Being a 360-degree software solutions company, Cylsys focuses on providing the latest social connectivity technologies, cloud computing, and media reach. Recently, the company launched its new business vertical called Unicorn Ops. Unicorn Ops is a state-of-the-art

are partners in the clients’ goals and if we can contribute to the clients’success via our contribution to the software development of their project, nothing means more than that.” Added Mr. Goyal. Cylsys’s impressive clientele record is proof that the company genuinely cares about its customers’ success and growth.

outsourcing service that takes care of all the backend or operations-related requirements outsourced to the company by organizations. Through Unicorn Ops, the company offers other services like Lead Generation, Data Entry, HR, BPO, etc.

Cylsys’s Team of Dedicated Professionals Cylsys owes a major chunk of its success to its highly qualified and passionate team of professionals who work hard to deliver the best of services. The company has a team of 80 professionals having immense knowledge and experience in the IT field. Based on their skill set, each professional is allotted the department of their specialty. The sheer integrity, dedication, and passion for excellence are what make the team at Cylsys invincible. The company’s long list of satisfied clients is a testament to this fact.

How Cylsys’s Team Persevered Through the COVID-19 pandemic The current pandemic has gravely affected several businesses. While some have managed to cope with these trying times, many have miserably failed in their business plans. Cylsys too had to face many challenges during the lockdown. In March, when the entire nation went into complete lockdown, the company was forced to shut its operating offices. However, the incredibly efficient team at Cylsys made sure that the company’s operations run as per plan. They started working endlessly from their homes to ensure that each department accomplished its target without fail. Initially, the company found it a little difficult to adjust to this new way of operating, however, with time it was back on track.

Overcoming Challenges as an IT Startup In 2010, during the initial days of Cylsys, the company struggled to establish its place in the market. It was exceptionally hard for them to convince their clients to have faith in their service, as it was a fairly new business without a work portfolio. However, with persistent efforts, the company gradually built its portfolio. When asked about how the company coped with the struggles, Founder & Director at Cylsys, Mr. Pawas Goyal said, “We gradually built our portfolio by taking up piecemeal work of some larger project, but at the same time which was challenging to our development team. However, after bagging our first major project and delivering it successfully within the set time frame, we set out on an upward trajectory.” Today, the company has served some of the most reputable and popular names in the industry. With over 10 years of experience, having completed over 500 projects, 1000+ app developments, and catered to 50+ clients across 20 industries, the company is regarded as one of the leading IT solutions providers in the country.

Cylsys’s Plans for the Future In the future, Cylsys plans on partnering up with some of the major names in the industry through its latest business vertical, Unicorn Ops. Through these collaborations, the company aims at developing a long-term relationship with these business giants. As for the brand’s established Business verticals, its team would look at scaling them up and setting new benchmarks. When asked about his personal agendas for the future, Mr. Goyal said, “From a personal point of view, I am a Team player and would like the Team at Cylsys to achieve all their set goals this year, despite all the issues brought about by the Covid-19 pandemic.” Mr. Goyal’s Message to Budding Entrepreneurs Every new entrepreneur has to face certain challenges during the initial stages of his/her career. While some endure these challenges, many lose hope. Having been in the industry for a decade, Mr. Goyal has certainly seen umpteen ups and downs in his career. Here’s some advice to aspiring entrepreneurs: “Never lose focus on your objective. Young entrepreneurs may find a herculean task facing them when they initially get down to running their business. Patience with a well-defined Plan A as well as Plan B and C is the key. Hard work and focus definitely pays off.”

What Makes Cylsys Stand Out from its Competitors Every business seeks to create an irresistible USP, something that would distinguish them from their competitors. For Cylsys, its USP is its customer-oriented approach. The brand’s dedication to delivering quality products and services within the set timeframe is what sets it apart from competition. Furthermore, the company believes in developing a lasting relationship with its customers to understand their needs and requirements better. “It is the belief that we

Top Mobile App Development Technologies for fabricating an App Quickly Introduction

2) Salesforce Lightning

Throughout the whole world, companies are racing to make the latest app. Be it by using new technology, a new workforce, a new environment, firms are in a race to create your favorite on-demand app quickly. Several companies have made many interesting moves in this respect, like Google launching Flutter, for creating cross hybrid apps, which are both Android and IOS. Other firms have also launched incredible products like Xamarin, ReactNative, etc. All these developments require extensive support which is much superior to conventional techniques like the drag and drop approach. Now, let us list the best mobile app development technologies for creating an app faster.

Salesforce developers have plenty of options, for creating mobile apps, based on their website. At the elementary level, the user can configure field specific actions and global actions for SalesForce mobile app. At the advanced level, there are Salesforce Mobile SDK’s enable accessing SalesForce data from hybrid and native apps. SalesForce’s Lightning App Builder, Design System, and Components create enterprise apps for tablets, mobile devices, and desktops. The Salesforce Platform is priced at 25 dollars per user per app every month.

3) Microsoft Power Apps

Another amazing tool known as Microsoft Power Apps, is a very easy tool that is used to create apps, the best Dynamics 365 data, and SharePoint Online and publishing them to IOS, web, Windows 10, or Android. PowerApp provides two techniques for app design. In, the first model, apps are created automatically, by analyzing the data through Common Data Service for all the apps. The user can customize the design and publish the app. Microsoft Power Apps is more time consuming than canvas apps. Microsoft Power Apps is combined with Dynamics 365 and Office plans.

1) AppGyver

AppGyver Composer 2 is an amazing mobile app development tech, which is a hosting service and webbased builder for Android and IOS apps. This mobile app development tech provides native UI elements, like modals, page transitions, drawers, navigation bars, tab bars to obtain a native look in a hybrid app. Apps can be created from approximately fifteen templates, or components and modules. For coding, the user must create custom modules. The app will be able to receive a text and numeric data from different sources. Once, the app is ready, you must deploy and build it in the AppGyver Cloud. Companion app can test and preview your work on IOS or Android m/c. There are three pricing plans for this hosting service like 499 euros/month for a single app, 899 euros/month for 2 or 3 apps, or 1999 GBP per month for up to 10 apps, in the Business category.

4) Outsystems10

Outsystems10 is a very good hosting service, which provides a delivery platform and low-code rapid application development, which creates responsive web apps. This service accesses mobile devices’ native capabilities, using Outsystems Now. This service is a hybrid app that combines all of a firm’s mobile apps in the 30

creating responsive web apps and hybrid apps, for Android and IOS based on Apache Cordova. This IDE which is web-based consists of integrated back-end services like cloud DB, push notifications, file management, and user registration and management, with support for social names from Google, Facebook, and Twitter.

native app. On the server-side, Outsystems 10 generates Java code and .NET code. Outsystems environment runs on Windows and it is compatible with IIS or Windows or Linux and a JAVA app server. This hosting service combines with SOAP web services, SAP, major databases, REST APIâ&#x20AC;&#x2122;s and cloud systems like Twitter, Linkedin, DropBox, Facebook and Google Drive. OutSystems identifies learning to use the system is a tough task. There are lots of courses, webinars online, guided paths, classroom training, and webinars online. For increasing the speed of app development, there is a repository of connectors and components, Outsystems Forge, and reusable application modules.

Conclusion

From this article, readers will get awareness regarding the top mobile app development technologies, for developing an app much more quickly.

5) Alpha Anywhere

Alpha Anywhere is an incredible hosting server, which is a DB oriented, rapid app tool used for development, for making hybrid and web mobile apps, for working offline. Programmers are assisted to make the client and parallel back end elements. This service has its database engine but also consists of drivers for back ends like Access, MS SQL Server, Excel, DB2, and Oracle. Regarding SQL DB, the user must let its SQL code make the code for CRUD. Alphaâ&#x20AC;&#x2122;s support concerning offline operation, in HTML5 mobile apps, makes the development very easy. Alpha Anywhere costs 995 USD annually, for the development environment, or 4995 USD per year for a self-built and deploy system.

6) Kony App Platform

KonyAppPlatform provides a way to create hybrid, native, and web apps in a single IDE, using JavaScript skills. Programmers can drag reusable components into the single IDE, Kony Visualizer, from their library. In the back end, Kony Fabric delivers access to sync services, orchestration, and identity. This utilizes a microservices model, for making service delivery easier. This platform is available in two editions like a free one which is suitable for hundred users and one app, with no automatic support and backups. There is an Enterprise edition, which is priced at 2500 USD per month for around two hundred and fifty users.

7) Appery.io

Another exceptional hosting service is the visual editor in which programmers can integrate Ionic, jQueryMobile, BootStrap, Angular JS, and HTML 5 components, for 31

SYSTEM NEEDS

VIKAS CHOPRA

CEO & MD at System Needs

An Award-Winning System Integrator Brand That’s Transforming India’s IT Sector

n India’s IT Sector, thousands of new brands emerge each day with the hopes of making it big in the market. However, only a few brands have managed to claim their stronghold in the market. These brands have claimed the top position in the market hierarchy owing to their cutting-edge systems, quality service, and a relentless commitment towards customer satisfaction. System Needs is one such brand which has completely metamorphosed the IT Scene in southern India. Based out of Mysore, the Award-Winning System Integrator company provides End to End IT Solutions like Desktops, Laptops, Printers, Scanners, Tabs and Accessories, Thermal Scanners, Smart Rack Solutions, etc. System Needs’ clientele covers a broad array of industries, including Retail, Education, hospitals & Healthcare, E-Commerce, Government, and Manufacturing.

Karnataka region. In its 18 years of existence, System Needs has gone from being a small computer & accessories provider to a Multidimensional IT Giant.

Overcoming Challenges as an IT Startup in the 2000s

Mr. Vikas Chopra started the company in early 2000s, which was a very unfavorable time for upcoming IT Startups. The customers during that era were indifferent towards smaller, newer IT companies since only a handful of large brands dominated the market space. People weren’t as tech-savvy as they are today, so there was a general reluctance towards experimenting with new brands. Adding to the difficulty of the situation, the cultural gravity within Mysore was strong. People in the city preferred the companies that were already established, and were averse towards trying newer brands. Mr. Chopra recollects how he got the door shut on his face numerous times while doing door-to-door marketing for his services. Despite all the hindrances, Mr. Chopra worked harder and harder each day towards making his brand successful. He did initially acquire a handful of clients; however, it was not enough to sustain the business. Later on, he started seeking big clients amid Pvt. Institutions, Govt. Sector, Hospitals, E-Commerce, etc., by personally visiting their office. Almost all the customers were hesitant to try his services. Their familiarity with the older brands was keeping them from doing so. Finally, despite all the doubts of the customers, Mr. Chopra succeeded in changing their mindset. He gave them the best-in-class services at a much cheaper price. He gradually started expanding his client base across different industries and regions within Karnataka and

System Needs’ Conception Story; The Vision That Drives the Brand

System Needs was conceived back in 2002 at Mysore, Karnataka. While initially the brand only focused on End User Computing Services and Accessories sales, it later on ventured into other branches of IT. Upon starting out, System Needs had a clear vision as to how the brand should grow year-after-year. Its team always kept the bigger picture in mind, constantly upgrading its services in different niche areas. As of 2020, the brand has a diverse solution portfolio that not only includes End User systems like Desktops, Laptops, Printers, Scanners, Thermal Scanners, but also holistic solutions like Data Centre Solutions, Surveillance and VMS, Data Storage & Hyper-Converged Infrastructure (HCI), etc. Moreover, its clientele now spans across multiple industries like Government, Retail, Education, Hospitals & healthcare, E-Commerce, IT/ITES and Manufacturing, covering the rest of

between his professional and family life. While in the initial days, he had to come across many challenges on the professional front, he managed to effectively overcome them through the implementation of intelligent work systems.

after 18 years of perseverance, System Needs is one of the leading IT Solution Company in Mysore.

How System Needs Keeps Pace with Dynamic Market Trends

The team at System Needs keeps themselves updated with the latest market scenarios. They’re always scanning the market for various customer pain points and seeking innovative ways to address them. Alongside such endeavors, the brand is also focused on studying the changing IT Landscape and its implications for customers. This helps the brand better adapt to market uncertainties and be in tune with fluctuating customer demands. Currently, the brand’s primary focus lies in promoting Artificial Intelligence, Deep Learning, Machine Learning, Cyber Security, and GIS Solutions. By advancing in these technological frontiers, the brand will not only be able to provide holistic IT solutions through their integration but also open new avenues for technological advancement. R & D is another facet that is of great importance to the brand. Mr. Chopra Believes that R & D is essential for the growth of any company, so in their integration process, the team chooses OEMS who spend at least 30 % of their profit in R & D.

Mr. Vikas Chopra’s Source of Inspiration

Mr. Chopra believes that he wouldn’t be where he is today if it weren’t for the constant motivation provided by his father in his early business days. Despite being in a vastly different profession, he taught him the various nitty-gritty of the market. He also played a crucial role in his character development, encouraging him to grow and evolve as a person. Most importantly, he inspired Mr. Chopra to stand up straight despite falling down multiple times.

Battling Stereotypes as an Entrepreneur

Acknowledging the uniqueness of each entrepreneur, Mr. Chopra feels that each entrepreneur has his/her own characteristic style and attitude. One shouldn’t try to imitate another in the hopes of getting similar results. He says, “To the ones who look up to me, I thank you all first and also say that don’t become like me. You have your own style, own talent, and your own attitude. Make a mark in your own way but remember to always be strong and true to your work. Hold steadfast to your dream, and never back down, even for an instance.”

System Needs’ Noteworthy Achievements and Milestones

Some Golden Nuggets for Budding Entrepreneurs

Being one of the most acclaimed IT Brands in Karnataka, System Needs has acquired several different achievements and milestones. Some of them have been given below: •

Received awards from Seagate as the Best Channel Partner at Switzerland.

•

Ranked among the Top 10 End to End Solution Providers by silicon magazine.

• •

Being an entrepreneur for over 18 years, Mr. Chopra has acquired some timeless wisdom which he’d like to impart to young entrepreneurs. Here’s what he has to has to say: “Every entrepreneur has a different story about why he or she decided to start a business. Some have known from day one that they wanted to work for themselves and others come up with ideas while working for someone else and decide to take the entrepreneurial leap. Well, this is the most common scenario throughout the world.... While not all entrepreneurs will succeed in their first attempt, surely everyone will get a chance to prove his/her name. Connect with different people in the industry, learn from them, exchange ideas, and always seek constant improvement.”

Received the title of GEM of Mysore from DQ Weeks. Featured as the Best GEM HP Partner in Up-Country Karnataka.

Mr. Chopra’s Thoughts on Striking A Work-Life Balance Being a proponent of work-life balance, Mr. Chopra Says that he has always maintained a clear distinction

Small business ideas in Indian pharmaceutical industry T

he pharmaceutical Business is one of the most profitable and growing businesses throughout the world. And Being one of the highest growing industries in the healthcare sector, here are the pharmaceutical industry comes with so many new opportunities for people who wish to enter into this segment. If you want to start your business into pharmaceutical industry, we are providing here top business Ideas in pharmaceutical industry and how you can start business in pharmaceutical industry. How ever the main common factor affects is like Arranging a huge investment for starting pharmaceutical business is main problem faced by young entrepreneurs that have experienced in pharmaceutical sector and want to start own pharmaceutical business. During the time of covid-19 pandemic in 2020, the healthcare and pharmaceutical industries proved to be the most important ones across the world and Indiaâ&#x20AC;&#x2122;s position as the largest provider of generic drugs globally was reconstructed in the global pharmaceuticals sector as various developed nations demanded possible cure drugs for the pandemic from India.

SMALL BUSINESS IDEAS Marketing and Distribution

If we taking about marketing point of view if one has a passion for marketing along with pharmacy, well then marketing and distribution of the medicines is the most preferable business opportunity in the Indian pharma industry. If we think As a marketer, you could earn income by selling and distributing medicines manufactured by pharmaceutical companies to hospitals and pharmacies. And then You could connect with a single medicine manufacturing company or work as an independent marketer connected with different companies.

Online Pharmacy

To save the rental cost of the pharmacy, you could start off with an online pharmacy. When I talk to online point of view in marketing business today is an online business, so online pharmacy is also a profitable business idea as it is a great option. According to the research about this strategy this is mainly because of the challenges that are being faced by physical pharmacies, further giving impetus to their online counterparts. And about some Citing experts, the report highlighted that e-pharmacies are likely to solve the problems which traditional pharmacies may not be able to and for this, a large-scale of online pharma space is required which in turn needs huge investments or consolidation. In India, the pharmaceutical market is fragmented

we talk about pharmaceutical manufacturing, marketing, distribution, retailing etc. But these types of works require lot of investment to start with. And the Pharmaceutical sector is regulated and one requires obtaining a particular license to start business in pharmaceutical industry. There is expected to be a better growth in domestic sales would which depends on the ability of companies to align their product portfolio towards chronic therapies for rapidly increasing diseases such as cardiovascular, anti-diabetes, anti-depressants and anti-cancers of disease.

with over 8 lakh pharmacies and online set-ups. They all work on three main business models including marketplace, franchise-led hybrid (offline/online) along with inventory-led hybrid (offline/online), the report said. This could be a lucrative business opportunity as it cut downs the additional cost of the rent.

several health issues. A mobile pharmacy is a pharmacy service that delivers drugs to people to their doorstep like any other deliverable service.

Pharmaceutical Training and Educational Business:

Pharmaceutical training is most important factor in this industry. Trainers in pharmaceutical industry provide training to the pharmaceutical, biopharmaceutical, medical device and clinical professionals related to their key jobs, skill, duties and responsibilities. And here Few types of training are sales force training, product training, Pharmaceuticals, Biopharmaceuticals, Regulatory Affairs, Clinical, Business Strategy, Manufacturing, R&D, Medical Device, Life Sciences training etc.

Mobile Pharmacy and Consultancy Services

Mobile pharmacy and consultancy services both are the great business carrier options in this field, If you are an expert in the field of medicine, then you could start your own consultancy services. Most common types of pharmacy consultancy businesses includes pharmaceutical export consultant, business development consultant, design consultant, regulatory affairs consultant etc. As a consultant, you could help medical experts by advising them on different kinds of drugs, their side effects and could help with providing required prescriptions for specific cases too. The concept of mobile pharmacy is very fresh in the industry. This could be a beneficial opportunity for those who want to kick-start their career. A lot of people are unable to get to a pharmacy because of

Pharma Franchise Distribution Business:

Pharma Franchise Business is also a great business opportunity in small business and is come under least investment pharmaceutical businesses type. First of all we have a basic knowledge about this industry and one must have sales experience in pharmaceutical industry. And Having relationship with medical professional is one of the key aspect for becoming successful in pharma franchise business.

ArBhar consulting pvt Limited:

ArBhar Consulting organisation aspiring to become the largest consulting firm ArBhar Consulting pvt Limited established in November 2017,is a Mumbai based consulting partner to enterprises and commercial organizations. Company provide growth consulting to help you build scalable, sustainable and high performing enterprises. The company offers a process driven, result â&#x20AC;&#x201C; oriented focus on achieving the customers mission. According to the CEO of ArBhar consulting pvt Limited Mr Vijay Sampath Kumar said that- our work is reflection of the motivation and the vision of the our clients and we support through involvements that are applicable and disruptive. They provide complete Auditing service which is includes physical verification of IT and non IT assets. Company works in Sector- process optimization, audit analytics, cost optimization, staffing and IT securities etc.

Business career and key integral core behind success The ArBhar consulting pvt Limited was structured by Mr Vijay SampathKumar (founder and CEO) in 2nd November 2017 with the primary aim of providing consulting management service. According to the Mr Vijay Sampath Kumar founder and CEO of ArBhar consulting pvt Limited, the company is fully focused upon working with CXOs who aspire to run their business with good strategic focus and perfect efficiency and willing to learn - the challenging process of the transformation into a better organization and company aim is perseverance and right approach to customers service form the care of their strategy of work philosophy.

Vijay SampathKumar CEO at ArBhar consulting pvt ltd

spirit as a consulting management firm. The ArBhar consulting pvt Limited is a value based organization they are important philosophies we use to guide us in making decisions. About learning and developments , commitment and accountability, mutually- beneficial relationship etc.

Concept of the management strategy by (Mr Vijay SampathKumar )

The management strategy is the important part of the any business organization. Through effective use of training & communication, management consulting ensure that all the impacted parties have fully understood and accepted the need and benefits and demand of the transformation. There by sealing their commitment to the new process and goals. According to the CEO of ArBhar consulting pvt Limited Mr Vijay Sampath Kumar - any major transformation project requires the impeding change management to the handled very carefully. They avail of every opportunity to be present at forums where young entrepreneurs promote and pitch their business ideas to investors and ventures capitalists in a bid to seek funding of their growth and expansion.

Create job opportunities consulting pvt Limited

ArBhar

The ArBhar consulting pvt Limited has been able to generate the employment for the talented young professionals in the challenging times of COVID.

Challenges and way Ahead for business during the time of covid-19

We care for our clients, business as our own. We think and act like business partners not academic advisors. We share our clients, aspirations work to understand their reality and align our outcomes with their objectives. So they know we are in this together. We are living through strange times, facing challenges now to humanity, that span the globe donâ&#x20AC;&#x2122;t respect the spaces we have defined for ourselves . Our work lives are being turned upside down. We are learning to deal with new ways of working.

Your employees are your treasure and biggest assetâ&#x20AC;&#x2122;s

Founder and CEO of The ArBhar consulting pvt Limited Mr Vijay SampathKumar loves his team members fervently and heartily acknowledges, their contribution towards outgrow Success and our bright team member bring us immense pride, through their fresh ideas and passion. Without their contribution, none of our achievements would have been possible. Over the Last three years ArBhar consulting pvt Limited has been successfully at Building deep domain- centric experties and it now present aim it expanding further with in those domains by widening its footprint both nationally across the 100 plus cities over the next 3 years.

A message to readers of prime insight magazine

Founder and CEO of the ArBhar consulting pvt Limited Mr Vijay SampathKumar said that pandemic has created a messive humanitarian challenge. Millions ill and hundreds of thousands of lives lost. So we have to retained the employees like a family member. Team is very important and people are big asset. We should take care of them. We have seen lots of flexibility from careers but employee is the core strength of the organization, instead of profit. He greatly admire the leadership style. We have to focused, do keep faith in yourself, hard work is very important key for the any big success .

Vision and future goals of ArBhar consulting pvt Limited

The ArBhar consulting pvt Limited wants to available in 100 cities of India till 2023. Our success is measured by the value we deliver to clients The quality of the staff we employ, and our strength and

Top 10 Business Schools in India in 2020 Founded in 1973, IIM Bangalore is the third Institute of Management to have been established in India. IIM Bangalore is yet another esteemed business schools in India that offers a series of courses for Master of Management Studies degrees like- Doctor of Philosophy, MBA, Public Policy, etc. The institute also offers various short-duration on-campus certificate programs.

MBA is one of the most opted courses in India. Statistics show that nearly 3,60,000 students graduate from the 4000 B-schools in our country, annually. Opting for an MBA course opens doors to new, exciting career opportunities, provided the business school in question offers good placement options. Therefore, choosing a reputable business school to pursue your MBA is crucial. Here are the top 10 business schools in India in 2020-

#3 Xavier School Jamshedpur-

#1 IIM Ahmedabad

Management,

One of the oldest business schools in India, Xavier School of Management is a private business school run by the Society of Jesus in Jamshedpur, Jharkhand. The admission process of Xavier is rigorous as students are expected to clear the Xavier Aptitude Test for their choice of degree/ MBA program. Established in 1949, the institute is highly regarded as one of the best business schools in the country.

IIM Ahmedabad is regarded as the number one business institutes in India. It is an autonomous institute managed by the IIMA Society, under the Societies Act. The institute is run by a Board of Governors established by the IIMA Society. IIM Ahmedabad offers a plethora of business programs with guaranteed placements. To get admission to the institute, students are required to score a minimum of 70% in their CAT. Regarded as the first Indian Institute of Management to have been established, IIM Calcutta is one of the most reputable and well-known business schools in India. In 2017, IIM Calcutta was recognized as an Institute of National Importance. The institute is also the first tripleaccredited business school in the country.

#4 IIM Lucknow-

#2 IIM Bangalore-

Founded in 1984, IIM Lucknow is the fourth Institute of Management to have been established in India. The institute offers a plethora of fellowship, post-graduate, and executive management programs. It has also been regarded as an â&#x20AC;&#x153;Institution of Excellenceâ&#x20AC;? by the Indian Ministry of Human Resource Development. To get into IIM Lucknow, students are required to clear the Common Admission Test (CAT) conducted every year, with relevant academic/work experience. 40

#5 IIM Indore-

institute is AACSB accredited and has won 3 global innovation awards from AMBA and AACSB.

#8 IIM Calcutta-

IIM Indore is one of the most sought-after business institutes in India that offers various programs likeExecutive Post-Graduate Management Program, Integrated Management Program, Post-Graduate Management Program, BBA, MBA, etc. The institute was also recognized as an Institute of National Importance in 2017. Founded in 1996, IIM Indore is one of the oldest business schools in India.

#6 Xavier (XLRI)-

Labor

Relations

Regarded as the first Indian Institute of Management to have been established, IIM Calcutta is one of the most reputable and well-known business schools in India. In 2017, IIM Calcutta was recognized as an Institute of National Importance. The institute is also the first tripleaccredited business school in the country.

#9 IIM Kozhikode-

Institute

IIM Kozhikode is one of the top six IIMs in the country. It is also regarded as one of the most efficient institutions in the country. The institute offers numerous programs like- Post Graduate Program in Management (PGP), Post Graduate Program in Finance (PGP-Finance), Post Graduate Program in Business Leadership (PGP-BL), etc.

Founded in 1949 in Jamshedpur, Xavier Labor Relations Institute is a reputable, private management institute in India. In the last six decades, XLRI has managed to establish itself as one of the top-ranking business management institutes that offers a wide range of programs and research publications. The institute is also an AMBA and AACSB accredited B-school.

#10 Faculty of Management Studies (FMS), New Delhi-

#7 SP Jain Institute of Management and Research (SPJIMR)-

Also popularly referred to as the “Red Building of Dreams”, FMS is one of the oldest business schools in the country. The institute’s affordable fee structure and guaranteed placement opportunities make the institute one of the most reliable ones in India.

SP Jain Institute of Management and Research is one of the leading business institutes in India. The institute offers a wide range of courses for family businesses, entrepreneurs, postgraduates, non-profits, etc. The 41

Whatsapp Rolls Out Upi Payments In India

The establishment’s of WhatsApp payment service in 2018 but it was not a complete available to everyone. And it Just like PayTM or Google Pay, WhatsApp payments let you transfer money using UPI (Unified Payments Interface). And now The feature is now live to all users in India. And recently Mark Zuckerberg says, “Now you can send money to your friends and family through WhatsApp as easily as sending a message. There’s no fee, and it’s supported by more than 140 banks. And because it’s WhatsApp, it’s secure and private too.

Digital payments are really important right now. the sender and receiver both have UPI linked bank account, they will be able to send and receive money And now this feature has been launched after WhatsApp received approval from the National Payments Commission of India to operate its payments service using the Unified Payments Interface (UPI). What’s app has been designed in partnership with the National Payments Corporation of India or NPCI, and it is based on the Unified Payments Interface or UPI. To get started you need to be on the latest version of WhatsApp for Android or iOS. And your 44

WhatsApp number should be the same number that’s linked to your bank account too.

WhatsApp has over 400 million monthly active users in India, and it has received approval to offer payment services to 20 million users initially. To register for WhatsApp Payments, all you need is a WhatsApp account with an Indian number, a bank account and a debit card. Here The news was significant enough for Facebook CEO Mark Zuckerberg to create a video (embedded below) explaining some of its features.

According to the Facebook CEO Mark Zuckerberg said in a statement. we’ve built it using India’s Unified Payments Interface, which makes it easy for anyone to instantly accept payments across different apps -- and for companies to provide people with great services. WhatsApp has five partnered with five leading banks including ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payments Bank to enable UPI payments in India. To send or receive money through WhatsApp Pay, you first need to have a bank account and a debit card.

“Now you’re going to be able to easily send money to your friends and family through WhatsApp just as easily as sending a message,”

Whatsapp have approved by NPCI, WhatsApp Payments will allow for UPI-based transactions in a ‘graded manner.’ This means that it will initially be available for 20 million UPI users in India and will operate based on the multi-bank model. NPCI also introduced a cap of 30% on UPI transactions by third-party app providers (TPAP), starting January 1, 2021.

said Zuckerberg.

How to you can start and use it?

Once the above steps are completed, open WhatsApp and click on the three dots menu at the top right corner and click on Payments. And WhatsApp allows you to send money only to those contacts that have registered for WhatsApp Payments. If you try to send money to a contact that has not enabled the service, you get an option to notify the user to enable payments to receive money. -Click on ‘Add payment’ next and select the bank that you have an account in-WhatsApp will ask for verification of your phone number and phone number and show your bank account.-Click on your bank account and then, click on ‘Done’.Your UPI ID, your payment history and your linked bank accounts will be displayed You will now be able to send money to those contacts that have registered for WhatsApp Payments.-Just open the chat window with any contact, click on the file share icon and select the payment option and -You can then initiate payment to contact and also receive money in the same manner.

How to Start Your Online Business

etting up an online business isn’t easy. It requires meticulous planning, right from choosing a product to sell to sustaining your online presence. However, today’s digital age has made it easier for entrepreneurs to start an online business, thanks to the relatively affordable and accessible technology. Here are 5 steps that will help you to establish an online business, and a successful one at that-

#1 Find Your Niche

Before one thinks of starting an online business, he/she must finalize on the right product that has the potential for profitability. For this, they must do their research on the different types of niches present in the market and examine what they have in mind to come up with a viable business idea.

#2 Evaluate Your Market Workability

Once the business idea is finalized, it’s time to focus on the market viability of the product. For this, the entrepreneur must think of all the strengths and weaknesses of their product. This will give them an idea of what can make or break their business. Assessing market workability helps the entrepreneur analyze important details like shipping weight, the number of SKUs required, etc.

#3 Conduct Market Research

Conducting thorough market analysis, along with a SWOT analysis is very important. It helps the entrepreneur where his/her product stands in the market and who its competitors are. Moreover, it helps them determine the pricing models, potential competitive advantages and disadvantages, and distribution methods that they can utilize when entering the market.

#4 Set Up Your Website

With a finalized business plan in hand, the entrepreneur should now focus on setting up his/her website and get it running. Setting up a website isn’t as easy as setting up a preview landing page. It involves several steps like- Hosting, Designing the website, Selecting an appropriate platform, etc. In the case of an online business, a website serves as the greatest source of representation for the business. It accurately reflects 48

the business’ mission, products, and services to the customers. Deciding an appropriate name for the website and registering the domain name should be done alongside. The last thing an entrepreneur wants is to find out that the name/domain chosen for the website has been registered by another business.

#5 Ensure that your Business is Legal

Setting up an online business has pretty much the same rules as a brick-and-mortar business. To get one’s online business going, he/she has to ensure that their business is legal. To do so, the following steps are essential-

1.Going through online business regulations- Online

business regulations include laws regarding the distribution of the customer’s personal information, and other privacy and intellectual property regulations. One can go through the rundown given by the SBA on the specifics of online business laws.

2.Register Your Business- To register a business, the entrepreneur must decide on how they want to go about the company’s legal structure. Most businesses opt to form an LLC, however, one must do his/her research to figure out what’s best for their business. Moreover, state-specific requirements vary from state to state, so one must visit their local secretary of state office’s website for information on compliance at a state level. 3.Educate Yourself on Tax Obligations- In most cases of online businesses, the business owners likely operate from home. As such, these businesses become eligible for certain tax deductions. Before starting up an online business, it is generally advised to consult a lawyer, as business owners are generally required to pay income tax. Consulting a lawyer will ensure that the business owner is on board with all the regulations before launching his/her business online. Business owners must also educate themselves on their state sales tax requirements, and online sales tax obligations. While a lot more work goes into launching an online business, these are the main steps involved in the process.