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Disruption not restricted to Covid-19 pandemic: Experts at CFA Society India’s conference

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Mumbai (Maharashtra) [India], February 8 (ANI/BusinessWire India): CFA Society India, in collaboration with CFA Institute, the global association of investment professionals, hosted its 11th virtual India Investment Conference between January 29 and January 31, 2021. The theme of this year’s conference was ‘Confronting Disruption’.

The virtual conference provided an excellent opportunity for over 1000 registered delegates to learn and network with some of the best minds in the industry and fellow CFA® charterholders.

“The theme for our conference this year was ‘Confronting Disruption’. While our scientists, policymakers, risk managers and business leaders have been able to respond and successfully manage the downside COVID-19 inflicted on everyone, but the pre-COVID disruptive forces haven’t gone away. Understanding and deliberating on these forces is critical for success in the complex world we are living in,” said Navneet Munot, CFA, Chairman, CFA Society India. “Humanity’s resilience and resolve were not in lockdown during 2020. CFA Society India clocked a record number of high-quality webinars and virtual conferences,” he added.

The conference brought together many leading local and global investment management practitioners, experts, and economists to discuss the latest trends in the global investment management industry. The eleventh edition of India Investment conference included sessions on confronting disruption, drivers of disruption, innovative finance and sustainable investments, disruptive decision making and so on.

In his brief session on ‘Confronting Disruption’ Lutfey Siddiqi, CFA, Managing Director, Regions and Society Relations, CFA Institute said that disruption is not restricted to the COVID-19 pandemic, which was a once in a century phenomenon. He reminded all about New Year 2019 when IMF downgraded global growth forecasts in the context of a trade war between the two largest economies of the world, and the economic impact of extreme automation. He believes this is a period of radical uncertainty and we can no longer extrapolate the past to determine our future.

Value Investing is not about finding ‘cheap stocks’. It is about finding something which is available at much less than its worth said Michael J. Mauboussin, Head of Consilient Research, Counterpoint Global in his session ‘Drivers of Disruption’. He spoke about how in 2020, some businesses have benefited from not just lower discount rates but also high volatility as the value of their optionality has increased. Coordinated actions by central banks are resulting in unprecedented discount rates. He thinks that a major disruption is a disruption in valuation methodologies.

In his session, Chris Mayer, Portfolio Manager & Co-founder, Woodlock House Family Capital stated that there’s always value versus growth in certain stocks, where one stock has more value and the other will promise more growth and vice – versa. In finance, investors are particularly prone to being over-enthusiastic in trusting product labels more than they should. Also, it’s better not to generalize. The auto industry may not be doing well, but Ferrari is a terrific business! There are companies in every sector that beat the industry stereotype, so never get stuck with rigid labels.

During his session on ‘Something of Value’, Howard Marks, CFA, Co-Chairman, Oaktree Capital Management stated that it is worrisome that investors expect that all problems will be solved by central banks. It creates moral hazard and encourages investors to take more risk than they should. He also believes that It will be a mistake to think that tech stocks will not go through cycles. These stocks will go down in future sometime and there will be some bad experiences. However, some of them will be very successful in the long term. Hence, one would do well to identify the long-term winners and hold them rather than try to time and avoid drawdowns. He believes that all currencies lack intrinsic value, and only work because they are accepted by others. The same is true of Bitcoin as well.

David M. Rubenstein, Co-Founder and Co-Executive Chairman of The Carlyle Group in his session ‘The View from Washington’ shared his insights on the global economy, stating that it depends, to some extent, on our recognition of climate change. If we don’t think that climate change is here, and we ignore it, we’re more likely to fall behind economically. He also discussed the impact of the pandemic on the US economy and the need for additional stimulus.

Hiro Mizuno, Japanese financial executive & former Executive Management Director and CIO of GPIF in his session ‘United Nations Special Envoy on Innovative Finance and Sustainable Investments’ noted that ESG is not just about managing portfolio risk. Our attitude to ESG will determine how our industry will be perceived by Society.

In her session ‘Disrupting Decision Making’, Dr Grace Lordan, Founding Director, The Inclusion Initiative & Director, MSc in Behavioural Science at the London School of Economics stated that there is no optimal decision-making strategy that we can learn in the classroom. Instead, what we do in real life should be seen as a coping strategy, and we should see it as a work in progress and not an absolute process.

Speaking on the success of the 11th India Investment Conference, Vidhu Shekar, CFA, CIPM, Country Head, India, CFA Institute said, “Technological innovation and changing demographics are among the many forces that have accelerated the pace of disruption, Besides, there is a growing awareness of the increasing importance of sustainability and responsible investing. The 11th India Investment Conference, jointly hosted by CFA Society India and CFA Institute offered a unique forum to network, learn and deliberate on these and many other challenges and opportunities we face. We are delighted with the response we have received from delegates from all over the world. This is the 11th successful year of the India Investment Conference and the first time the event was conducted virtually.”

The three-day-long 11th virtual India Investment Conference had a stellar line-up of global speakers including Michael J. Mauboussin, Head of Consilient Research, Counterpoint Global; Chris Mayer, Portfolio Manager & Co-founder, Woodlock House Family Capital; Howard Marks, CFA, Co-Chairman, Oaktree Capital Management; David M. Rubenstein, Co-Founder and Co-Executive Chairman of The Carlyle Group; Hiro Mizuno, Japanese financial executive & former Executive Management Director and CIO of GPIF; Dr Grace Lordan, Founding Director, The Inclusion Initiative & Director, MSc in Behavioural Science and so on.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

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Bajaj Electricals, Mahindra Logistics sign Rs 1,000 crore project for integrated logistics services

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Mumbai (Maharashtra) [India], March 3 (ANI): Bajaj Electricals Ltd (BEL) and Mahindra Logistics Ltd (MLL) on Wednesday signed a five-year, Rs 1,000 crore agreement for logistics optimisation and outsourcing arrangement.
The deal is an end-to-end redesign and outsourcing of BEL’s entire logistics by MLL with the twin objectives of achieving enhanced service levels coupled with a logistics cost saving in excess of 25 per cent.
“The total contract value of this one-of-its-kind deal in Indian logistics industry will be in excess of Rs 1,000 crore over the next five years, and is the outcome of a unique and collaborative solution,” both companies said in a statement.
MLL has developed for BEL a redesigned and consolidated logistics network with storage optimisation, transportation management and inventory movement through technology, best practices and automation.
At the heart of the network, there will be two mega-warehouses in New Delhi and Mumbai with latest technology, automation and skill-building enhanced by sustainable warehouse practices.
The network will further operate IT-enabled fulfilment centres from which BEL’s dealers, distributors, customers will have delivery lead times.
MLL will deploy long-haul fleets and local distribution trucks enabled by tracking technology and control tower operations. There will also be a transition towards sustainable logistics using electric delivery trucks from EDel by Mahindra Logistics.
For BEL, the project marks a significant transition towards leveraging logistics management as a competitive advantage. “We have been actively working towards various strategic initiatives to enhance value for our customers and other stakeholders,” said Executive Director Anuj Poddar.
“This collaboration with MLL is one such key initiative and I am confident that it will help transform our logistics, help us serve our customers efficiently, strengthen our competitiveness and also drive improved margins.”
Rampraveen Swaminathan, CEO and Managing Director of MLL, said: “Adapting our learnings from disparate industry verticals allowed us to create an innovative solution for the consumer durables and electronics business leveraging our reach, know-how and tech investments in equal parts.” (ANI)

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From HR to CEO – A workshop to become an employee happiness coach

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New Delhi [India], March 3 (ANI/Media Dekho): Work hard to find talent. Keep the fingers crossed until they join. Co-ordinate and do the On-boarding. Follow the latest HR trends. Struggle to keep up with the pace of change.
Learn the latest trends in Learning and Development. Sweat to get the performance management system working. Administer salary revisions. Work Hard on Employee ‘Engagement’. Tackle with ‘Engaged’ colleagues through policies, politics, confrontations and manipulative ‘recognitions’.
Constantly remind everyone that everyone is ‘family’ because everyone is not. Preach ‘Team Work’ to ‘family members’. Witness the people leaving ‘family’ for another 20 per cent. Work hard to find talent by paying 20 per cent higher.
If this feels familiar, one’s not alone. People have the majority of the industry giving one ‘company’.
Would one like to join the ‘minority’ who have risen above this familiar territory?
If yes, then they have some good news for them.
Ethika Worklife invites everyone to their one-of-its-kind 3-Hour Highly Engaging workshop, happening on the 6th of March from 10 am to 1 pm, where one’ll discover the Science behind Employee Happiness and Unleash its power to become CEO. The workshop is based on the success of the past attendees and the past personal experience of 6 years during which they have built two successful companies which run on ‘auto-pilot’ mode.
HERE’S WHAT ONE CAN LEARN
* The Science behind Workplace Happiness and how one can use it to kickstart a Culture of Workplace Happiness in their organization.
* Why Future CEOs will evolve from HR and how one can put themselves into the path of graduating from HR to CEO.
* How some organizations have increased the productivity of their employees by 700 per cent, just by turning them into happy employees.
* Why the No.1 performance indicator of an HR Leader in the future will be Employee Happiness?
* The Size of Employee Happiness Industry and ROI for creating a Happy Workplace. Why this is the best time for HR to become an Employee Happiness and Performance Coach.
* As a bonus, one will also see an increase in their Personal Happiness Index.
Valued at INR 9999. But FREE for a limited time. Only 20 spots were available on a first-come, first-serve basis. Reserve the spot now by replying to this message with the Phone and Email id.
Additional Bonuses
Certificate of Participation.
eBook on Employee Benefits written by Susheel Agarwal, worth Rs1200
A Chance to become part of a like-minded HR community.
“Future CEO to evolve from HR. CEOs today want their HR to perform like CEO of an HR solutions company, enabling human capital solutions for their company”, People Matters. CEO, as well as the management, are more cautious about the HR programs and processes, and they rather want them to retrieve the money invested in the organization’s talent systems.
Therefore, HRs should have a point of view for the present and future course of action. The workshops like Ethika Worklife equips HRs with the required skills of creating happiness and a productive environment for the employees, contributing to the ROI of talent systems.
It’s a 12-week workshop that concentrates on various tools and strategies which can be implemented to kickstart the culture of happiness at the workplace. The certified program upskills one’s HR career to a CEO level and increases their personal happiness index too.
This story is provided by Media Dekho. ANI will not be responsible in any way for the content of this article. (ANI/Media Dekho)

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founderINDIA announces second season of BusinessClass; to stream on Amazon FireTV

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New Delhi [India], March 3 (ANI/Media Dekho): OTT-business news channel founderINDIA has announced the launch of the second season of its famous business chat show – BusinessClass. The award-winning chat show will be once again hosted by renowned educationist and mentor, Shantanu Prakash.
Prakash, in conversation with startup founders and subject matter experts, will give viewers an unscripted peep into the culture of startups, discuss the biggest challenges faced by them, and offer advice from his extensive experience along with some of India’s most renowned investors.
“In the second season, Founder India wanted to not just showcase startups in general, but delve deeper into their business nuances and challenges. The underlying idea is to bring together expert minds to brainstorm on the pressing challenges of some of the most promising startups of 2021 and see how young entrepreneurs can turn them into opportunities instead. Shantanu Prakash, being one of those very few businessmen in India who started from scratch and made it big without riding the app wave or having a legacy business, was once again the perfect choice to host the show,” founderINDIA Editor Lovejeet Alexander said.
Says Prakash, “The experience of been there and done it all – IPOs, mergers and acquisitions, fundraising, exit, and a lot more all through the entrepreneurial journey plays an important role. It is exactly why entrepreneurs get comfortable on our show and find an instant connect. Also being able to understand the grassroots issues they deal with. Hence, our BusinessClass conversations hold no bar.”
According to founderINDIA, the launch pack of the first four episodes shows an interesting mix of startups from different genres.
The first four episodes of BusinessClass Season 2 will showcase the Cofounder of Inflection Point Ventures, Mitesh Shah as an expert with Vinayak Srivastava, Co-founder & CEO, Toch, Ankur Mittal, Cofounder of Inflection Point Ventures with Founder of Oga, Ashish Rawat, Vinay Bansal, Founder & CEO of Inflection Point ventures with Saurabh Agarwal, Co-founder & COO, Fitso and Pranav Pai, Founding Partner & Chief Investment Officer of 3One4 capital with Pravin Agarwala, Co-founder & CEO, Betterplace.
The new season of BusinessClass is now streaming on founderINDIA’s OTT channel on Amazon fireTV. New episodes will be added to the talk series regularly. While the new season is also available on YouTube and Facebook. The same will be streamed on several Podcast platforms including Spotify, Anchor and Google Podcasts.
This story is provided by Media Dekho. ANI will not be responsible in any way for the content of this article. (ANI/Media Dekho)

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Meet advocate, activist Sadik Naduthodi, always ready for weaker section of society

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Malappuram (Kerela) [India], March 3 (ANI/PNN): Have you ever wondered how come a person becomes an activist or whom to call an activist? Sadik Naduthodi is not only an advocate but also an activist who is continuously contributing to work for the weaker section of the society.
There are many incidents and steps taken by Sadik Naduthodi, that make him a person living for humanity.
Naduthodi is prominent amongst people due to his approach towards pro bono cases for the poor and the marginalised and weaker section of the society. Born in the Malappuram district of Kerala in 1969, he had a keen interest in social works and activities since childhood. He became an advocate in 1994.
He has held many positions in different organizations and played a key role too. He was the secretary of Pattarkadavu Nehru Yuva Kendra, facilitating a lot of charity and welfare activities. Not only this, Naduthodi also served as the chief patron of art and culture organisation – “Kasava” and had a leadership role in organising ‘Thilakkam 2017″.
Currently, he is a social entrepreneur and mainly focuses on helping poor students with textbooks and school materials. He also sponsors and encourages youth by identifying their talent in the field of art and sports.
Earlier, Sadik was the president of the NCHRO- a human rights facilitation committee in Malappuram. He actively intervened for human rights issues in the state of Kerala and never stepped back from taking a stand for the marginalised sections of the society, always defending those who deserved justice.
This story is provided by PNN. ANI will not be responsible in any way for the content of this article. (ANI/PNN)

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How online poker platform StickPool is disrupting the gaming industry

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New Delhi [India], March 3 (ANI/Digpu): The normal life of people went topsy-turvy when Coronavirus hit the world at the beginning of the year. The change that it brought in the way of living is beyond anybody’s comprehension.
In an era of maintaining social distancing, smartphones became the primary source of socializing and entertainment for quarantine life. Consequently, it came as a new opportunity for the online gaming industry. The latest data suggests that 85 per cent of online gaming takes place on mobile phones in India.
The online gaming industry is advancing at a fast pace. To kill the boredom and earning cash, people are betting big on real money games. Out of which, online poker gaming is the new quarantine routine for many skilful players amid the COVID pandemic. According to recent estimates, there is a tremendous surge in the number of online poker players with more than 3 million active poker players in India.
Incepted in 2017, Stick Pool Club – a premium poker player and India’s first-ever real-money gaming app is disrupting the online gaming market with its fascinating features. The one-stop application provides access to multiplayer real money games – 8 Ball Pool, 3D Poker and Call Break games, equipped with robust features to drive user engagement while serving them with an opportunity to earn real cash.
How Stick Pool Club’s interactive Live poker drives user engagement?
The company’s 3D Poker and Live Poker are the forerunners in the arena of the online poker industry. Understanding the present market dynamics, the company is continuing to come up with innovative formats for offering a real-time gaming experience to its users. In the past decade, it has moved from conventional 2D format to live dealer interaction that has spiked the active user-base of the app.
Recently, the company has launched its interactive poker format, the first-ever concept in any online poker platforms in the country. The format involves live models sitting in the studio to drive human interaction for amplifying user engagement. It further transforms the monotonous gaming experience and offers a real-world opportunity for an enhanced gaming experience of talking to a human directly while they play on.
Being one of the most advanced poker operators in the industry, Stick Pool Club boasts user-friendly features to converse with real players online. It includes real-world dealer’s commentary, options to exchange playful mocking gifs with opponents, club room ambience, and personalized 3D avatars. Additionally, its two-way Live Audio Video chat feature lets online players interact at the tables that increase social interaction between them. Such features have resulted in high engagement on the app – especially during the social distancing and self-isolation period.
Poker is a serious mind game, just like chess. The emergence of online poker games has made the players consider it as a real competition. To help them become the masters of the game, Stick Pool Club also provides a complete set of guidelines for the players with relevant Do’s and Don’ts to help them become pro player and make real money while playing.
Stick Pool’s Growth
The Delhi – based company is bootstrapped with a net operating profit. Since online gaming has become the new normal during the pandemic, Stick Pool Club’s Live Poker has seen a spike of around 5 times in its user base. Additionally, the company acquired a new user base who wanted to experience the game of poker during Diwali. It resulted in an increase in the average time spent per user than the regular days. Presently, the 3D and LIVE poker has a registered user base of 5M+ with an average of two games being played per second.
Stick Pool Club is one of the pioneers in the industry. It is aggressively focusing on its future business plans by strengthening its outreach and expanding footprints to Europe and the US by the end of 2021. Additionally, it is continuing to organize in-app tournaments for winning real money jackpots, setting up Pan India Leagues, and also planning to launch a real-money Rummy game.
This story is provided by Digpu. ANI will not be responsible in any way for the content of this article. (ANI/Digpu)

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Are you looking for a good job and settled life in Europe? Study in Ireland to fulfil your dreams and to obtain a European PR

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New Delhi [India], March 3 (ANI/Mediawire): The main reasons that attract the students who seek overseas higher education are higher standards of education, assured employment opportunities, possibilities to obtain permanent residency status and the posh and flamboyant lifestyle that can be thereby availed so on and so forth.
If these are your motives to seek opportunities abroad, Ireland becomes undoubtedly the first choice.
In recent years Ireland has leapt up to the top in the list of the prominent countries’ people choose for higher education. The college fees are relatively lower, and the quality of education provided is truly world-class. Ireland has many cheap and affordable accommodation options for the students and that is in fact a huge relief for most students who are worried about their living expenses in bigger cities.
The postgraduate programs in Ireland are of one-year duration. This makes it easier for the candidates as they need to shell out only one year’s tuition fee and can also obtain a post-graduation within the short span of a year.
The candidates who aspire for permanent residency and settlement post their education should carefully consider the following points. Normally, a candidate would mainly consider the factors like the easiness of obtaining admissions, low fees, and availability of parttime jobs. This approach would result in the candidate losing focus on many important points that have to be considered and thereby will end up returning to the home country after the course. The result would be debts and huge financial liabilities.
The fundamental aspect of analyzing which course to choose is to evaluate and prioritise the long-term and permanent opportunities over and above the short-term primary merits. There are many ways by which one could do this evaluation oneself without blindly relying on fake and lucrative promises.
Concerning Ireland, the immigration category named Critical Skill Work Permit is a great opportunity. Many times, the students are bound to return post the completion of their courses is because the programs that they chose lack such possibilities.

We need to realize that there are many selected courses that make the students end up obtaining jobs qualifying them to provide them with the benefits of Critical Skill Work Permits.
There are many areas of study that make you eligible for such special privileges. Nursing, Engineering, Teaching, IT, Health, Catering, Accounting, Media etc. are to name some of those.
The changes and the relaxations that came into effect in the Irish immigration laws post January 2020, provide ample opportunities for the ones looking for immigration and settlement with their family.
Ireland is the only English-speaking country in Europe post-Brexit and hence it has become the EU headquarters for thousands of multinational companies and major global corporates. This enhances the employment opportunities for qualified professionals graduating from Irish higher education institutes and colleges.
Ireland is culturally rich and blessed with abundant natural beauty. This small western European country has been placed on top among the countries with the highest GDP per capita. It is also placed among the top in the global happiness index. The country looks welcoming by all means and hence Irish higher education looks very attractive for foreign students.

There are courses in IT, Engineering & Healthcare that make the students entitled for employment opportunities with a starting salary of 32000 Euro (30 Lakh Indian Rupees) per annum and above. An aspiring candidate should primarily know how to identify these options that lead to permanent settlement and thereafter how to verify it themselves through government websites rather than relying on the information provided by consultancies and agencies.
It is unfortunate that many among us do not even know that there exist programs that lead to jobs with very attractive salaries that could lead to the fulfillment of their long-term dream of a well-settled life in Europe. People who have availed of these options often comments on how better it would have been if they were aware of such possibilities a bit earlier in their life.
Many parents would not have opted to send their children to the neighbouring states to obtain mere paper certifications if they knew that they could have availed overseas higher education with a little or no extra cost compared to what they have spent.
Most of those professionals struggle a lot in the earlier stages of their career earning only a meagre salary for many years initially in employment. The situations are not much different for the nurses who have not been successful in clearing IELTS or OET even after multiple attempts.
We can help you out by providing awareness on how to make visible progressive changes in your life and career by properly making plans for just one or two years. There are immense opportunities for the below-mentioned categories;
* Students who want to pursue higher studies after Plus Two.
* GNM / BSc / MSc Nurses
* Chef / Catering Professionals
* Engineering graduates
* Accounting graduates
* Graduates in Pharmaceutical studies / Microbiology.
* IT professionals
To know more about European opportunities and to avail, clearer guidance gets in touch with us. Make the first small step towards a giant leap!
Hireland Academy,
6th Floor, Venkat Towers, Near Medical Trust Hospital,
MG Road, Pallimukku, Ernakulam
Phone: 0484 4026 111, 8136976222, 8136924222
Email: info@hirelandacademy.ie, contact@hirelandacademy.ie
Website: https://www.hirelandacademy.ie/
This story is provided by Mediawire. ANI will not be responsible in any way for the content of this article. (ANI/Mediawire)

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