Category Archives: Business

StrateFix Consulting Partners with Surbhi Group to Transform HR and Management Practices

Surat, August 20th, 2024 – Stratefix Consulting, a business management consulting firm is thrilled to announce a new partnership with Surbhi Group, India’s leading textile brand, with exceptional strength and capabilities in various manufacturing segments like yarn, weaving, knitting, embroidery, and garments in the textile industry.

As a traditional family business, Surbhi Group has had to undergo significant transition to adopt more structured processes and performance management systems in order to meet the evolving demands of the textile industry.

Mr. Ratibhai Patel and Mr. Ravjibhai Patel, the head of the family and first-generation entrepreneurs, are visionary leaders and skilled executors, their qualities are clearly evident in the second-generation stakeholders of the organization.

Second-generation entrepreneurs, who are the current face of Surbhi Group, demonstrate the commitment to carrying forward the legacy of the brand through continuous innovation and strategic decision-making.

This collaboration between Stratefix and Surbhi exemplifies the dedication of the second-generation entrepreneurs to drive overall business growth through transformative leadership and employee development initiatives across the group.

Stratefix Consulting aims to help tackle several critical challenges faced by Surbhi, aiming to enhance their Human Resource practices and overall organisational efficiency. The objective is to streamline operations, improve recruitment and employee engagement, and support Surbhi’s future growth and expansion plans.

The aim behind this partnership is to address key issues such as an ineffective management structure, the absence of a dedicated HR department, and the need for better leadership training.

StrateFix Consulting would help Surbhi to implement a more organised management framework, establish a comprehensive HR department, and develop structured training programs across departments.

Mukul Goyal, Co-Founder of Stratefix Consulting, expressed his excitement about the partnership, stating, “We are delighted to partner with Surbhi and assist them in overcoming their organisational challenges. Our expertise in HR and management practices will help them enhance their operations and achieve their strategic goals. We are confident that this collaboration will lead to significant improvements and drive their success.”

Ritesh Patel, Director of Surbhi Textile Mills, commented, “We are excited to partner with Stratefix Consulting to identify gaps and address our organisational challenges. Their expertise in HR and management will be invaluable as we work to streamline our operations, enhance employment recruiting and management practices, and develop our core leadership team. We are confident that this collaboration will help us achieve our growth objectives and drive Surbhi’s continued success”.

This announcement marks an important milestone for both Stratefix Consulting and Surbhi Group. They are committed to delivering practical solutions that will make a real difference in Surbhi’s organisational performance. We look forward to a successful partnership that will contribute to Surbhi’s continued growth and success.

BD Soft and Foxit Join hands to Bring Innovative PDF & eSign Products to the Indian Market

Mumbai, 20th August 2024: Foxit, a global leader in PDF, eSign, and AI-powered digital document solutions, is pleased to announce a strategic partnership with BD Soft, a prominent value-added IT security distributor in India. This collaboration will provide various growth opportunities and showcase Foxit’s advanced document management solutions in the Indian market. By leveraging BD Soft’s extensive channel partner network, Foxit expects to strengthen its presence in the South Asian region, marking a major milestone in its journey of innovation and growth as a leading PDF brand.

Recognized for its customer-centric and innovative approach, Foxit provides a suite of document productivity tools that meet the growing needs of Indian businesses across all industries, significantly contributing to India’s technological advancement as they transition to a fully digital environment. As more businesses adopt digital practices, Foxit’s advanced document solutions, including enterprise-level PDF editing, eSign, document security features, and AI-integrated tools, are essential for working in a paperless environment on any device, anywhere, anytime.

In terms of security, using third-party internet tools for file conversions often involves inherent risks, making it a necessity for businesses to find secure solutions. Foxit ensures robust protection for safe and efficient document management across desktop, mobile, and web platforms for millions of users worldwide. Beyond security, Foxit also provides tailored solutions for Indian SMEs and enterprises, facilitating a seamless digital transition with both on-premise or cloud platforms. With innovative offerings in secure document management and PDF control, Foxit empowers businesses to safeguard data, enhance productivity, and navigate the evolving digital landscape, ensuring long-term success against global threats.

Mr. Zakir Hussain, CEO of BD Soft, emphasized, “India’s burgeoning economy and digital transformation initiatives make it a strategic market for Foxit. With this partnership, we aim to bring the benefits of Foxit’s solutions to a diverse spectrum of users, including individuals, small and medium-sized enterprises, and large corporations, leveraging the extensive reach of our network. Our company envisions contributing to India’s growth story by empowering businesses with innovative document solutions that align with the country’s evolving business landscape.”

Commenting on the partnership, Ms. Jenny Li, President of APAC at Foxit, said, “Foxit’s collaboration with BD Soft Distribution Pvt. Ltd. heralds a new era of PDF innovation. Together, we forge a path of efficiency and excellence, offering businesses worldwide unparalleled solutions. Our strategic alliance combines Foxit’s industry-leading expertise with BD Soft’s dynamic reach, promising transformative results. With a shared commitment to customer satisfaction and technological advancement, we are redefining the standards of PDF solutions and empowering users with seamless experiences. Through this partnership, we are unlocking new possibilities, driving growth, and delivering value to our clients.”

BD Soft, renowned for its extensive reach with over 2,000 channel partners, will market Foxit’s PDF suite of solutions across India. BD Software Distribution offers a diverse range of software solutions for SMBs to facilitate rapid growth through digital transformation. Their portfolio includes Bitdefender, endpoint security, DLP solutions, risk management, threat monitoring, activity monitoring, mobile device management, web application firewall, security operations center, OCR, and digital document solutions, among others.

ICICI Bank inaugurates a branch in Srikakulam

Srikakulam: ICICI Bank has set up a new branch at Arasavalli Road in Srikakulam city. The branch, which is second of the Bank in the city and seventh in the district, is equipped with an ATM.

Sri Farman Ahmad Khan, I.A.S., Joint Collector and Additional District Magistrate, Srikakulam District, inaugurated the branch.

The branch offers a comprehensive range of accounts and deposits including savings and current accounts, fixed and recurring deposits and loans like, business loan, home loan, personal loan, auto loan and education loan along with remittance and card services. It also provides locker facility at its premises. It operates from 9:30 A.M. to 3:00 P.M. on Monday to Friday and on the first, third and fifth Saturdays of the month.

The branch also offers Tab Banking facility that provides nearly 100 services at the customer’s place by an employee through a tablet device. The services include opening of accounts and Fixed Deposit (FD), raising cheque book request, generation of e-statements and change of address, among others.

ICICI Bank has 260 branches, and 520 ATMs and cash recycling machines (CRMs) in Andhra Pradesh.

ICICI Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call centres, internet banking, and mobile banking.

Recharge Like a Champion: Coca-Cola unveils Limca GlucoCharge

Bengaluru, 17 August 2024 – The Coca-Cola Company unveils a new brand identity for its affordable glucose and electrolyte drink under its home-grown brand Limca – the all-new Limca GlucoCharge. With its unique combination of glucose and electrolytes, Limca GlucoCharge is a go-to beverage for rapid rehydration and energy, perfect for on-ground and everyday sweat moments and challenges to energize those leading an active on- the -go life. Limca GlucoCharge, was introduced during the Olympics with a squad of champions – Neeraj Chopra, Men’s India Hockey Team along with Satwiksairaj Rankireddy and Chirag Shetty. Through a series of brand films, the brand showcased its commitment to support the golden boy with ‘silver’ lining (Link), empower the dynamic duo (Link), and back the powerful hockey team and its heroes.

Being the official hydration partner of the Olympic Games Paris 2024, the refreshing and energy-boosting drink supported champions in their pursuit of excellence. The brand also salutes athletes for their remarkable resilience as biggest international multi-sport event concludes.

This water-based, no-fizz drink is designed for faster rehydration during physical activities such as sports, travel, exercise, and intense chores. Infused with refreshing real lemon juice, Limca GlucoCharge offers not only functional benefits but also a great taste that revitalizes you instantly.

Ruchira Bhattacharya, Senior Director, Marketing– Hydration, Sports and Tea category, India and South-West Asia, Coca-Cola said, “With Limca GlucoCharge, we’re fuelling champions on and off the field, matching the energy of their unyielding spirit. We are proud to have supported our heroes for the Olympic Games Paris 2024, it reflects our commitment to driving excellence and recognize the resilience of our athletes.”

With the launch of Limca GlucoCharge comes the badge of honour and excellence of our Olympic campaign. Chirag & Satwik in badminton, Neeraj Chopra in javelin and The Hockey Federation of India are key wins for the brand. Associations like these are testaments to what corporate India needs to bring to the table to support the sport ecosystem and the journey to LA 2028 will be even stronger for us- Namrata Parekh, Director & Co-Founder | Meraki Sport & Entertainment

Limca GlucoCharge is a part of The Coca-Cola Company’s ongoing commitment to providing a wide spectrum of beverage choices #BeveragesForLife that cater to both taste and functional benefits. This innovation reflects the company’s endeavour to offer consumers beverages that not only taste great but also meet their hydration and replenishment needs.

Powers Insurance & Risk Management Promotes Rachel Winkelmann

Winkelmann to serve as primary liaison between the growing company and its carrier underwriters.

(St. Louis, Mo., Aug. 15, 2024) Powers Insurance & Risk Management, one of the largest family owned and operated independent insurance agencies in the bi-state region, recently promoted Rachel Winkelmann to Commercial Lines Account Executive and Trainer. Her responsibilities include client management and retention, as well as securing and renewing policies with insurance carriers. As Powers’ new Trainer, Winkelmann will handle training and onboarding for new Commercial Lines team members, ensuring the proper usage of the company’s proprietary systems and technologies.

Prior to her promotion, Winkelmann worked as a Commercial Lines Account Manager at Powers for five years. Her previous experience includes working as a claims professional at a local insurance company. Winkelmann holds a Bachelor of Arts degree in Communication from Truman State University in Kirksville, Mo.

“Rachel possesses incredible communication and management skills, which enable her to create the most effective customer experience possible,” said Powers Insurance and Risk Management President JD Powers. “She is going to play an integral role in helping me personally manage my clients and their specific needs. I look forward to all that she will accomplish in this new role.”

Founded in 1991, Powers Insurance & Risk Management provides personal and business insurance, surety, risk management, and employee benefits. Founded in 2006, sister company Valley Insurance Agency Alliance is a cohesive family of over 160 independent insurance agencies in Missouri and Illinois that generates more than $600 million in written premium. VIAA is the regional founding member for SIAA – The Agent Alliance, a $12.5 billion national alliance. The companies are headquartered at 6825 Clayton Ave. For more information, call (314) 725-1414 or visit www.powersinsurance.com.

Axis Bank and Visa unveil the ultra luxury credit card, ‘PRIMUS’, for India’s elite

Mumbai, August 13, 2024: Axis Bank, one of the largest private sector banks in India, has partnered with Visa, the global leader in digital payments, to launch ‘Primus’ – an ultra-premium credit card designed to redefine luxury. The new super-premium card, Primus, will be offered by invitation only, to select, ultra-high net worth, Axis Bank customers. For the first time in India, customers will have access to globally acclaimed, bespoke privileges & benefits curated under the Visa Infinite Privilege offering.

India’s GDP has surged to approximately $3.5 trillion[1], positioning it among the world’s largest economies. This economic growth has fostered substantial wealth accumulation, with a record 200 Indians making it to Forbes 2024 World’s billionaire’s list[2] and India is set to have approximately 16.3

lakh millionaires by 2026[3]. According to a recent report, India’s ultra-high-net-worth individuals (UHNWI) with net worth over $30 million will rise by over half (58.4%) in the next five years.

Ultra-high net worth individuals have distinct and complex banking needs that require specialized services beyond those provided to other clients. The Primus credit card is thus designed to appeal to India’s wealthy elite and their distinct tastes for style, exclusivity and access.

The new top-of-its-class proposition from Axis Bank and Visa marks an entry into an exclusive segment of ultra-high net worth consumers, setting a new standard in experiences. The proposition, inter alia, offers carefully curated luxury experiences for this set of discerning, sophisticated consumers such as select culinary journeys and custom-made travel itineraries, private jet access, companion tickets and invitations to exclusive events such as exclusive product launches, music concerts and private art exhibitions.

PRIMUS was introduced to select clients in New Delhi and Mumbai at ‘Axis Bank PRIMUS Soiree’. Set in an elegantly crafted evening, the launch of ‘Primus – the rarest metal’ was studded with elite corporate leaders and celebrities of India.

Speaking on the unveiling, Arjun Chowdhry, Group Executive & Head- Affluent Banking, Retail Assets, Cards & Payments, Axis Bank, said, “One of the key focus areas in our strategy is the premiumization of our client portfolio to accelerate the Bank’s growth. We have created a distinct value proposition with ‘Burgundy Private’ and have a suite of premium credit card products to cater to the needs of our affluent clients. Now, with the launch of the first of its kind credit card, PRIMUS, with unparalleled access, personalized concierge, luxury rewards, private and curated experiences, we will be able to meet and exceed the bespoke needs and expectations of the most discerning of India’s elite.”

“In partnership with Visa, we are happy to bring to India a globally acclaimed privileges and benefits platform, with the Visa Infinite Privilege offering, through our PRIMUS credit card.”, he further added.

Speaking on the occasion, Sandeep Ghosh, Group Country Manager, Visa India and South Asia, said, “We are delighted to introduce our uber-premium credit card proposition for the most discerning and sophisticated consumers in India. Axis Bank is our first partner on the Visa Infinite Privilege proposition. The Axis Primus Card offers unique privileges and unparalleled experiences, backed by the promise, trust and global acceptance of the Visa brand. We believe this offering will elevate and exceed expectations of our cardholders at every turn.”

The allure of ‘Primus’ credit card is rooted in its bespoke benefits specifically tailored for Ultra High Net Worth (UHNW) individuals making it the ultimate experiential card for India’s elite.

Cardholders will be privy to a host of exclusive benefits, some of which are:

• Unforgettable culinary experiences: Preferential access to over 10,000 global restaurants, including coveted tables and last-minute reservations at Michelin-star establishments and the world’s top 50 restaurants.

• Curated global events: Invitations to private art gallery tours, global sporting events to restaurant takeovers, exclusive menus and access to limited edition fashion experiences hosted by personal shoppers.
• Travel redefined: Curated travel itineraries such as flying safaris, ski vacations, with exclusive access to private jets.
• Luxury Hotels: Access to the best global hotels at preferential rates and other value-adds, routed through a world-class concierge service with complimentary perks for bookings.