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shristisahu · 26 days

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#Reaping the Benefits: Revolutionizing Healthcare Marketing

Originally Published on: Quantzig :Market Mix Optimization and Campaign Analysis for a Leading Healthcare

Key Insights

In a groundbreaking stride for an FMCG enterprise, the implementation of a cutting-edge marketing intelligence platform resulted in a remarkable 50% surge in insights consumption among stakeholders. Furthermore, customer retention witnessed a significant 20% increase, while new customer acquisition experienced a notable 10% uptick.

Challenges Addressed

A prominent FMCG company based in the United States faced multifaceted challenges including decoding market trends, refining marketing strategies, and optimizing overall business performance due to a dearth of insights into market dynamics, customer preferences, and competitor maneuvers.

Innovative Solutions

To tackle the aforementioned challenges, a comprehensive marketing intelligence platform was meticulously devised by integrating data from diverse sources, employing rule-based automation techniques, and leveraging Power BI infused with AI capabilities for dynamic real-time insights.

Navigating Marketing Business Intelligence

Marketing Business Intelligence serves as a strategic approach for collecting, analyzing, and interpreting data from various marketing channels to drive data-informed business decisions, leveraging the fusion of data analytics, technology, and marketing proficiency to gain a competitive edge.

Success Story: Quantum Leap

The transformative journey of a leading FMCG player exemplifies the power of marketing intelligence solutions in unraveling market intricacies, optimizing strategies, and propelling overall business growth.

Elevating Business Intelligence: A Comprehensive Overview

Marketing intelligence empowers enterprises to steer their decisions with precision using accurate, up-to-date data, transcending reliance on intuition and enabling efficient allocation of marketing budgets for maximal ROI.

Significance of Marketing Business Intelligence

A robust marketing intelligence platform offers myriad advantages including refined audience segmentation, optimization of marketing expenditure, and deeper insights into customer behaviors, ultimately leading to improved conversion rates and enhanced ROI.

Maximizing BI Benefits

The integration of Business Intelligence into marketing strategies revolutionizes market analysis, enhances customer engagement, and fosters proactive decision-making, resulting in improved reporting, visualization, and augmented ROI through optimized marketing spend.

Essential Tools for Marketing Intelligence

Key tools such as Microsoft PowerBI, Google Analytics, CRM Software (e.g., Salesforce, HubSpot), Social Media Analytics Tools (e.g., Sprout Social, Hootsuite), and Email Marketing Systems (e.g., MailChimp, ActiveCampaign) play pivotal roles in enabling effective marketing intelligence strategies.

Applications and Future Trends

Marketing Business Intelligence drives contemporary business strategies by harnessing analytics tools to gather, analyze, and derive actionable insights from diverse data sets, thereby enhancing user experience and optimizing conversion rate optimization efforts for sustained growth and competitiveness.

Conclusion

The integration of Business Intelligence into marketing strategies empowers enterprises to make informed decisions, track performance effectively, and achieve greater success in reaching and engaging their target audience, ensuring sustainable growth in today's dynamic landscape.

#Reaping the Benefits

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dataanalyticsconsoulting · 5 months

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Unleashing Business Brilliance: Mastering FMCG Excellence with Analytics Dashboards

Introduction to FMCG Dashboard

In the fast-paced world of Fast-Moving Consumer Goods (FMCG), staying ahead of the competition requires more than just quality products. Companies are increasingly turning to FMCG analytics dashboards to gain valuable insights into their operations, consumer behavior, and market trends.

Key Components of an Effective FMCG Dashboard

One of the essential aspects of an FMCG dashboard is real-time data tracking. This enables companies to monitor sales, revenue, and inventory levels, providing a comprehensive view of their business at any given moment. Additionally, the dashboard should offer insights into consumer behavior, helping companies adapt their strategies to changing preferences.

Advantages of Utilizing FMCG Analytics Dashboard

The advantages of implementing an FMCG analytics dashboard are multifaceted. Improved decision-making, enhanced operational efficiency, better inventory control, and the ability to analyze market trends are just a few benefits that contribute to the overall success of FMCG businesses.

Popular Tools for Creating FMCG Dashboards

Several tools in the market facilitate the creation of FMCG dashboards. Tableau, Power BI, Google Data Studio, and Qlik Sense are among the popular choices. Each tool has its unique features, allowing companies to choose based on their specific requirements and preferences.

Steps to Implement an FMCG Analytics Dashboard

Implementing an FMCG analytics dashboard requires a strategic approach. Companies should define clear objectives and Key Performance Indicators (KPIs), choose the right data visualization tools, integrate data sources seamlessly, and design user-friendly interfaces for optimal user experience.

Real-world Case Studies

To illustrate the effectiveness of FMCG dashboards, we delve into real-world case studies. Companies that have successfully implemented these dashboards share their stories, highlighting the challenges they faced and the solutions they adopted to achieve remarkable results.

FMCG Data Analysis Techniques

FMCG data analysis encompasses various techniques, including predictive analytics, prescriptive analytics, descriptive analytics, and diagnostic analytics. Each technique plays a crucial role in extracting meaningful insights from the vast amount of data generated by FMCG businesses.

Challenges in FMCG Data Analysis

While FMCG data analysis offers substantial benefits, it is not without challenges. Issues such as data security concerns, integration challenges, and the need for adequate training pose obstacles that companies must navigate to fully leverage the power of data analysis.

Future Trends in FMCG Analytics

Looking ahead, the future of FMCG analytics involves the integration of cutting-edge technologies. Artificial Intelligence, blockchain, and the Internet of Things (IoT) are expected to play pivotal roles in shaping the landscape of FMCG data analysis.

Best Practices for FMCG Dashboard Implementation

Ensuring the success of an FMCG dashboard involves adopting best practices. Regular updates and maintenance, comprehensive user training programs, and a commitment to continuous improvement are key factors that contribute to the sustained effectiveness of these dashboards.

Measuring the Success of FMCG Dashboard Implementation

To gauge the success of FMCG dashboard implementation, companies should establish clear Key Performance Indicators (KPIs), gather user feedback and satisfaction scores, and conduct thorough Return on Investment (ROI) analyses.

Comparative Analysis of FMCG Dashboards

Different FMCG dashboard tools have their strengths and weaknesses. A comparative analysis helps companies make informed decisions when selecting the right dashboard tool that aligns with their business needs and goals.

Tips for Effective Data Visualization in FMCG Dashboards

Effective data visualization is crucial for user understanding. Simplicity and clarity, consistent color-coding, and the use of appropriate charts and graphs contribute to a visually appealing and informative FMCG dashboard.

The Role of FMCG Analytics in Market Competitiveness

In an era of intense market competition, FMCG analytics can be a game-changer. Gaining a competitive edge through data-driven insights and the ability to adapt quickly to changing consumer preferences positions companies for success in the dynamic FMCG landscape.

Conclusion

In conclusion, the integration of FMCG analytics dashboards is paramount for companies seeking sustained success in the competitive FMCG sector. By harnessing the power of real-time data analysis, businesses can make informed decisions, enhance operational efficiency, and stay agile in response to market dynamics.

FAQs

How can FMCG analytics dashboards benefit small businesses?

FMCG analytics dashboards can provide valuable insights into consumer behavior, helping small businesses tailor their strategies for maximum impact.

Is data security a concern when implementing FMCG data analysis techniques?

Yes, data security is a crucial consideration. Implementing robust security measures is essential to protect sensitive information.

What role does artificial intelligence play in FMCG analytics?

Artificial intelligence enhances FMCG analytics by enabling predictive modeling, trend analysis, and automation of repetitive tasks.

How often should FMCG dashboards be updated for optimal performance?

Regular updates are recommended to ensure that the dashboard reflects the most current data and aligns with changing business objectives.

Can FMCG analytics dashboards be customized to specific business needs?

Yes, many dashboard tools allow customization to meet the unique requirements of different FMCG businesses.

Learn Also, FMCG Data Analysis Case Study

#fmcg #fmcg analytics #fmcg data analytics #fmcg data analysis case study #fmcg dashboard

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iesonlines-blog · 3 years

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MBA Placements in Bangalore

For MBA admission in Bangalore , you can visit the Indian Educational Services website.

Most MBA aspirants aspire for a lucrative job after their post-graduation. The trends observed in 2017 in MBA placements reflect higher packages than the previous years. In fact, MBA placement 2017 in several top business schools in Bangalore were completed within a short span with better offers and the scenario was replete with increased number of recruiters across sectors.

The heartening aspect with respect to the Placement is that there is no economic slowdown as was earlier anticipated post demonetization. The demand for MBAs in India has gone up further for the consecutive 2nd year. There is no more a dismal picture of global economic slowdown that has been haunting the minds of young MBAs till last year. However, one reality remains and that is with respect to high levels of attrition. Students who pursue MBA institute in Bangalore have unrealistic expectations with respect to compensation and other benefits besides a scheduled work culture. Gone are the days when 9 to 5 work culture was prevalent, in fact more so in the banking domain. In the finance domain, especially in MNCs, the 9 to 5 work culture is marked by its absence.

Sector Wise Placement:

Finance:

MNC’s and Banks are particular about hiring MBAs. Banking, Insurance and Mutual Fund sectors usually hire MBAs from the finance domain. These students are expected to start their careers by marketing financial products to get a better hold on the products on which they eventually work. MNCs’ hire MBAs for financial analyst roles. So students aspiring a role in banking, insurance and mutual fund sector can pursue a dual specialization of finance and marketing. The attrition rates amongst MBA Finance fresher's are phenomenal. A significant amount of time is invested on these employees to train and up-skill these candidates. Since fresher's resort to job hopping, organizations on their part are making a valiant attempt to motivate employees by using the carrot of bi-annual performance appraisal methods followed by periodic hikes. Thus though the opening salary appears modest, the periodic hike offered bi annually based on performance, motivates MBA graduates. This translates into enhanced effectiveness.

Manufacturing and Service Sectors:

Various manufacturing, financial and service sectors in India have begun progressing more than the other ones and accordingly with the spread and improved demand for fresh MBAs, the recruiters in these sectors have become more competitive to hire better talent in a short period.

All the sectors have recorded growth in MBA placements in Bangalore 2017 including Banking, Finance, Services & consultancy, Insurance (BFSI); IT/ITES; Operations; manufacturing, consulting amongst others.

Sales and Marketing:

Sales and Marketing electives are the most sought after. Finance jobs necessarily need an MBA in Finance. Internship opportunities in sales and marketing are aplenty. This is predominantly seen in the FMCG sector especially during festive seasons. There is a spurt for sales teams in large numbers.

HR Sector:

Typically Human Resource functions are outsourced by organizations to independent agencies. These agencies in turn hire MBA with HR specialization for generalist tasks and as recruiters. A HR job is difficult to get but easy and interesting to keep.

MNCs prefer trained and experienced hands to handle HR functions.

Start-ups: Start- ups offer a major avenue as job providers to MBA graduates. Start-ups try all out to hire the right talent and even resort to offering esops to deserving employees. MBA freshers find start-ups as a good avenue for employment.

A good sector based pre-placement program and exposure to industry involving sector based campus to corporate connect will enable better decision making in career choices amongst Management graduates.

For MBA admission in Bangalore , you can visit the Indian Educational Services website.

#MBA admission in Bangalore #MBA ranking in bangalore ranking of MBA colleges in Bangalor

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kockpitsworld · 3 years

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Integrating Power BI Dashboards for various business industry like Finance, Health Care, Manufacturing, NBFC, Entertainment, FMCG

What is Business Intelligence?

Business Intelligence is a technology driven process for analysing data and delivering actionable information which helps managers to make uninformed decision making. Organisation collect data from internal IT systems and external sources, prepare it for the analyses, run queries against data visualisation. The main aim is to increase revenue, improve operations, and gain a competitive edge over business rivals.

Microsoft introduces BI development witnessing a changing transformation. Power BI business analytics solutions that offers interactive visualisation and simplifies business intelligence. Business enterprise can create their own reports and dashboards. Currently 10k business enterprises are using BI technologies such as internet of things, Artificial Intelligence and others have fostered digital transformation. It is necessitating the need to analyse and share data insights in real time amid various departments of the company. It allows enterprises to be able to take quick at decisions based on the available data.

Power BI has also integrated with Microsoft Azure allowing business to leverage in cloud based analytics. It also helps to process complex data in a simplified manner.

BI is empowering the business to travel to the next generation platform. If you want to access a large volume of data in real time, generate reports and reap other benefits. It's time now to implement power BI.

Retailers Sector Gets Competitive Edge

The retail sector undergoes frequent changes. Retailers also have the challenge of fluctuating customer moods and expectations. Power BI allows customers to engage more with their favourite brands. It also helps brands to manage their data to enhance customer relationships. Power BI enables retailers to have an edge over its competitors with features like dashboard and real time customer insights. Business enterprises can keep a close eye on pricing, current inventory and stock and POS activity amongst others. You get access to -

Best quality product categories

Performance by sales managers.

Sales analytics and figures for year on year

Maximum sales by the product division

Addition or reduction of items from categories.

Manufacturing Run Operation Seamlessly

The manufacturer wants to streamline the entire process and escalate the manufacturing cycle. Just like retailers who have to cope with ever changing trends in customer demand, manufacturers need to monitor and collaborate to optimise the operational process through live data. With the help of machine learning technology, the manufacturing sector analyses the performance metrics in real time. Also it is efficient in manufacturing high quality goods. Power BI dashboard provides assistance in checking inventory levels and controlling and monitoring supply chain. View real time data from different sources on a single dashboard from any device. It shows the loophole which reduces the response time.

It helps manufacturing sector in following ways

Track record of balance sheets trends

Identify loyal and top customers

Monitor revenue

Analyse the YOY variation.

Benefits Insurance and Finance Sector

Finance and insurance companies have huge data gathered from various sources. If the organisation has the ability to secure and manage the data adequately, it can help the business to build customer relationships. Moreover, it can leverage other benefits. These include marketing products at a quicker pace, controlling costs, identifying opportunities and minimising risk factors. Cloud based systems and business intelligence dashboard tools help businesses securely connect with huge amounts of data.

Let's see how it is useful in the finance and insurance sectors

Streamlining the company finances and accounts

Monitoring the performance of branch

Accelerating the insurance claims settlements of clients.

Generate interactive reports in quick time.

Health Care Industry

Healthcare Business Intelligence benefits see being harnessed by different industries. The health care industry is not left behind. It is one of the fastest growing sectors to harness all the benefits of powerful data. Modern healthcare institutions are all driven by digital data which can be shared with much ease. Doctor's can access all important health parameters to make quick apt decisions during emergency cases. Power BI helps with key data insights which are available to healthcare management systems, electronic health records, and outdoor patient registration. This helps health care professionals go minimise treatment costs, improve patient services and abide regulatory compliance. The medical practitioners can keep an eye on patient’s current health status and monitor the progress in case of critical illness in real time. This helps reduce the risk, and save more lives in highly critical cases.

Education Industry

Education industry is not lagging behind - The education sector is also reaping the benefits of business intelligence. Educational institutes are taking important decisions based on data. This is where BI role comes into play. It helps the administration to get real tone insights on student enrolment, forming the school curriculum, monitoring the academic progress and so on. They are using a data analytics dashboard. Power BI solution helps to upload the data from the various departments which can be accessed by both- teachers and students. They can keep records of the students passing from the university each year. Moreover, the cloud based service will help in recruiting the best facility for a given position. Dashboards can help to simplify the board of the educational organisation. Different dashboard helps to solve the different needs -

Student dashboard.

Enrolment dashboard.

Course dashboard.

Tuition dashboard.

Banking and NBFC

Business Intelligence is responsible for enhancing banking operations like identifying patterns, analysing corrections, resolving issues in real time etc. Many financial institutions like Banks, NBFCs have started getting benefit from Business Intelligence. Through business real time business intelligence, business processing, information becomes convenient and decisions can be made faster with accuracy. They help the bank to detect the frauds, mitigate the risks, reduce costs.

New age NBFC are using technology more than ever in harnessing partnership ecosystems, creating lead generation, customer on boarding, underwriting, credit /loan disbursement and collection.

Entertainment Industry

Entertainment industry offer personalised content to the consumer. To ensure no cancel their subscription, they use machine learning based recommendation systems. Video streaming services also depend on BI. Scheduling is important as business intelligence helps to boost returns on marketing campaigns.

FMCG Industry

They are fast-moving industry that is highly competitive and requires keen business insight to stay ahead. One tool that is truly advancing the Sector is Business Intelligence. When it is being properly integrated, implemented, BI can have some amazing results on FMCG –

Optimise FMCG delivery networks

Improved warehouse management.

Faster supply chain processes.

More customer insights.

Targeted customer promotions.

Create products as per customer needs.

The main objective of implementing the Business intelligence Suite is to give value to different industries and clients across the board. Data has become extremely valuable and powerful in today's competitive world. They can also help to monitor upcoming opportunities and monitor the market progress.

#Power BI Dashboards #Business Intelligence #Power BI #Cloud based systems

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advocaterickychopra · 3 years

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Step-By-Step Guide on How to Shift Manufacturing to India

India is increasingly becoming the preferred location for businesses looking to set up a strong business foothold, especially in the Asia-Pacific region. The reasons for this could be manifold. Cheap availability of skilled labour, availability of qualified and experienced managers, favourable tropical weather conditions, space, access to the huge and often diverse consumer market etc. are just some of the reasons in India.

Of late, many players in the technology sector, such as Apple have expressed a desire to shift a significant portion of their manufacturing bases to India. Apart from this, players in the FMCG, home appliances, education technology sector etc. are also planning to take similar steps. This article shall therefore provide you with a detailed guide on what regulatory compliances are required while shifting manufacturing processes to India.

Setting Foot in India

The first step toward setting up business in India, requires one to have a registered office in India. This would involve, either purchasing or renting a land and registering the same with the Registrar of Companies under Section 12 of the Companies Act, 1872as the registered office of your manufacturing unit in India. This is important because all legal notices of suits, arbitrations, etc. shall be sent to the same office and delivery to the registered office is considered due service of summons under Indian civil procedural law. Procuring a land would attract the provisions of the Indian Contract Act, 1872 and the Transfer of Property Act, 1882. The contract for sale or lease of the land must be for a lawful purpose and must not be used for manufacturing anything against the public policy of India, for example, for manufacturing prohibited drugs.

If the entity is looking forward to a long-term existence in India, they must either purchase the land or get a long-term lease. Section 105 of the Transfer of property Act, 1882 permits perpetual leases.

Industrial Licenses

Getting a license under the Industries (Development & Regulation Act), 1951 is the sine qua non for starting any manufacturing activity in India. Application for an Industrial License may be made online on the e-Biz portal of the government. Such a license, once granted is valid for a period of three years from the date of grant. While there existed strict licensing requirements under this act for almost all major commercial activities, the scope of the same has been drastically reduced over time.

In fact, from September 2019 onwards a license under this act is required for manufacturing activities in only four sectors- defence equipment, hazardous chemicals, tobacco and explosives. Apart from this,there are some sectors which are reserved only for the MSME sector. Non-MSMEs who wish to manufacture products in these sectors would then be required to get an industrial license for the same and are then also obliged to export 50% of the production for at least three years.

Industrial Classification Code

Once you have determined the sector for which you shall be manufacturing the goods and procured the requisite license for manufacturing the same, it is necessary that you also procure an Industrial Classification Code under the national Industrial Classification- 2008. This code helps the Central Statistical Organisation of the Central Government to keep updated records of all economic activities taking place in the nation. While these are more important for the government, than for the industry, having a business presence in India would imply conforming to this policy.

Conforming to Quality Standards

Once the unit is set for production, it is important that it meet the quality standards. The Bureau of Indian Standards Act, 2016 governs the same. Under the act, the BIS has appointed regional offices, where the factory must send its sample manufactured products for testing.Only if the tests

meet the prescribed quality standards for sale in the Indian consumer market will the unit be permitted to go ahead with mass production.

Registration as an MSME

In case your enterprise qualifies under the prescribed turnover limits, it is advisable to get registered under the relevant category an MSME. They are governed by the MSMEs Development Act, 2006. Under the Act, micro, small and medium sized industry is an entity involved in manufacturing or processing whose investment in machinery does not exceed 25 lakhs, 5 crores and 10 crores respectively. Once registered, an MSMEmust also get an Aadhar Udyog Registration number, which is a 12 digit Aadhar code given to MSMEs for easing regulation of MSMEs.The government has de vised several incentive-based policies, ranging from liquidity assistance, credit guarantee for borrowing, tax exemptions etc. to give a boost to the MSME sector.

While these were the general steps that every manufacturer has to be mind ful of, there are other special compliances required to be adhered to by a new business entrant in India. The Companies Act, 2013, the Goods and Services Tax Act, 2017, the Income tax Act, 1961, the Factories Act, 1948, are a few of such legislations.

Companies Act, 2013

This is the legislation with the maximum number of compliance requirements. Ranging from auditing, annual returns, maintenance of books of account, holding of annual general meetings, requirements relating to composition of the board, shareholders'rights, protection of minority shareholders etc.

However, these become applicable only once the manufacturing unit and

business entity have been successfully established in India. Therefore, apart from registration of the office, and registering the name of the entity in case of a start-up, not many provisions of the Companies Act, 2013 are directly applicable at the time of setting up of the manufacturing unit.

Foreign Investment Laws

If a foreign entity is planning to shift its operations to India, the most important relevant laws for that entity are those pertaining to foreign investment. Since setting up a new manufacturing unit in India, amounts to a greenfield investment,the laws pertaining to that will apply. These are primarily governed by the Foreign Exchange Management Act, 2000 and are subject to various regulations set by the central government and RBI for foreign investment in India. Such investment may either be through the direct route or the approval route. There are 11 specified sectors like atomic energy where prior approval of the government is necessary before investment. The other route is direct route wherein the entity may directly set up a unit in India.

The government has set limits for foreign investment in every sector. Therefore, the business entity must ensure that its investment in India falls under the sectoral limits. The DPITT issues the FDI Policy from time to time in this regard. It is therefore important to keep track of Press Notes issued by the DPIIT under the FDI Policy to track the latest developments in the area.

Ensuring compliance with foreign investment would require conforming to provisions of the Foreign Exchange Management (Non-debt Instruments) Rules 2019 and the RBI Circulars and master Directions. As these vary for different sectors, the entity would have to determine for itself, which of these provisions are applicable to it and which are not.

Tax laws

All registered entities doing business in India are liable to pay tax on the income they earn from India. This becomes more true for entities that seek to have a physical presence in the country, for example, a manufacturing unit. Section 115 BAB of the Income Tax Act, 1961 allows a newly set up domestic company in the manufacturing sector to pay tax at the rate of 15% of its total income. Apart from this, depending on whether the manufactured goods are transported intra-state or inter-state, the entity shall also be liable to pay the tax under the Goods and Services Tax, 2017. This will depend on the turnover of the entity, the sector in which it is operating, the State in which the manu facturing is being carried out etc. Again, these are applicable, once the entity starts manufacturing and begins earning profits and not at the time of setting up.

Environmental Laws

Indian environmentalists are becoming increasingly conscious of the effects industrial activities have on the environment. This has led to development of a strict jurisprudence on environment. The manufacturing entity therefore would have get environmental clearances under the EIA Notification, 2006 prior to setting up the unit. This would require the industry to submit detailed plans of the geographical area sought to be covered etc. to the authorities.

Pursuant to that, the respective Pollution Control Boards under the Water Act, 1974 and the Air Act, 1981 have the authority for inspection, collection of samples, and analyse the pollution being caused by the industry. They have even been vested with the authority to cancel the operating license of a unit if they find the operations to be extremely harmful for the environment.

Unlike, most other laws, these are applicable prior to setting up of the unit, and in fact constitute a pre-requisite for commencing operation.

Labour Laws

The factory being set up for manufacturing is bound to employ workers for its operation. The Factories Act, 1948, the Payment of Wages Act, 1936 and the Industrial Disputes Act, 1947 are just some of such legislations. They ensure workers get proper living wages, in a timely manner and have adequate means of dispute resolution with the employer.

Here are other social security legislations like the Maternity Benefits Act, 1961 (which provides for paid maternity leave for a period of 6 months), and the Workmen's Compensation Act, 1923 (which provides for compensation for injuries received at the workplace).

Sectoral Compliances

This is probably the most resource consuming compliance. This is because while other compliances are common to all industries, these are compliances that are specific to the sector your company operates in. For example, an entity manufacturing edible products, will have to comply with provisions of the Food Safety and Standards Act, 2006 and obtain a license from the FSSAI. Similarly, company engaged in refining oil and petrochemicals is bound by the provisions of the Boilers Act, 1923, and a company manufac turing drugs would have to obtain the relevant license under the Drugs and Cosmetics Act, 1940.

Since these vary from sector to sector, it won't be possible to list them exhaustively. The entity would have to make sure that these are complied with. Most of the time, the authorities do provide assistance in this regard. For example, for SEBI related compliances, there is an informal advice mechanism. Similarly, for tax related queries, the Authority for Advance Ruling usually clarifies the same.

Ricky Chopra International Counsels:

Full Service law Firms Excelling in Corporate Advisory

As a result, laws governing manufacturing and processing are changing by the day. Such a dynamic and unpredictable regulatory scenario is bound to burden business entities with the responsibilities of compliance. In order to

save time and resources sent of compliance, a lot of entities are increasingly resorting to assistance of Indian legal professionals, being more adept with the local laws.

Ricky Chopra International Counsels is one such corporate law firm in India which specializes in advising clients on regulatory and compliance requirements. We have decades of experience in assisting major corporate houses, including the Fortune 500 companies in setting up businesses, complying with local laws and fulfilling all regulatory requirements. Our full-service firm has experts in every possible field ranging from tax, capital markets, IPR, competition, and labour laws.

Conclusion

The Federation of Industrial Chambers of Commerce and Industry (FICCI) recently brought to the notice of the government that an entity that intends to set-up manufacturing in India requires close to 2000 regulatory compliances.

The government is therefore planning to streamline many of these processes and ease the norms for manufacturing entities. This is the need of the hour considering the number of entities that have expressed a desire to shift their production units to India. The improvement of India's rank in the Global Ease of Doing Business Index is also an indication that foreign investors are likely to show much interest in the Indian market in the coming years. It is only ad visable that the regulatory environment be made favourable for them when they arrive.

#Best Law Firms in India #Best Law Firm In Delhi #Law Firm in India #Best Lawyers In India

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swedna · 4 years

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Domestic equities turned volatile in the afternoon session on Wednesday.

The benchmark S&P BSE Sensex was up 75 points at 37,775 level. Axis Bank, Bajaj Finance, Bajaj Finserv, up between 2.5 and 3.5 per cent, were the top gainers on the index, followed by gains in Maruti Suzuki, IndusInd Bank, and TCS (up around 2 per cent, each).

On the downside, HDFC Bank (down 2 per cent), RIL, HCL Tech and Infosys (down 1 per cent each), and ITC (down 0.7 per cent) were the top laggards.

The broader Nifty50, meanwhile, was at 11,120 level.

Sectorally, metal stocks surged higher amid positive global cues. Nifty Metal index was up over 3 per cent on the NSE, while Nifty Auto and Private Bank indices advanced 1 per cent, each. Nifty FMCG index, meanwhile, slipped 0.17 per cent. In the broader market, S&P BSE MidCap index was at 13,984 level, up 0.92 per cent. On the other hand, S&P BSE SmallCap index was up 0.8 per cent at 13,424 level. CATCH ALL THE LIVE UPDATES Auto Refresh 02:15 PM Cadila Healthcare slips 4.5% from day's high post June quarter results It's net profit, however, came in at Rs 454 crore, clocking a 49.53 per cent growth YoY from Rs 303.6 crore reported in Q1FY20. In the March quarter of FY20, the profit was Rs 391.9 crore. Profit before tax (PBT), too, soared 50.64 per cent to Rs 593.40 crore in Q1FY20 as against Rs 393.90 crore in Q1FY19. Current tax expense for the quarter jumped 106.39 per cent at Rs 106.50 crore as against Rs 51.60 crore in Q1 June 2019. READ MORE

02:09 PM Rupee Closing Rupee settles higher at 74.94 per US dollar vs Tuesday's close of 75.05/$

01:58 PM Tata Consumer Products hits new high on 82% jump in Q1 profit, slips later Analysts at ICICI Securities expect steady improvement in earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin in FY21-22 due to the rising share of higher-margin branded products in India, revenue and cost synergy benefits, savings in distribution and cost-saving initiatives, and lower input prices. READ MORE

starbucks, coffee 01:50 PM RBI monetary policy: Rate cut too close to call on CPI risks, says survey Of the 44 economists surveyed by Bloomberg, 22 expect a 25 basis-point rate cut on Thursday, one projects a 50-point move and the rest see no change. Das has already led the Monetary Policy Committee in cutting interest rates by 115 basis points this year, taking the repurchase rate down to 4 per cent, the lowest since it was introduced in 2000. READ MORE

01:40 PM European markets trade 1% higher Source: Reuters

01:26 PM Commodity Check :: Gold hits record above $2,000/oz on soft dollar, stimulus bets >> Gold scaled an all-time peak on Wednesday, after topping the $2,000 mark in the previous session, spurred on by a weaker dollar, falling US Treasury yields and expectations of more stimulus measures to revive a pandemic-ravaged economy.

>> Spot gold was up 0.8% at $2,033.86 per ounce by 12:15 pm, after hitting a record high of $2,036.49. US gold futures rose 1.4% to $2,049.30.

>> “The outlook remains very strong for gold. Interestingly, we’ve seen traders reduce their long exposure to gold throughout this recent rally, suggesting new buyers could still come back into the market to push prices higher,” IG Markets analyst Kyle Rodda said.

(Source: Reuters)

01:15 PM Expectations from the RBI MPC The Monetary Policy Committee (MPC) will put forth its third bi-monthly monetary policy decision for the fiscal year 2020-21 on August 6, 2020. Against the backdrop of COVID-19 led economic downturn, the previous two policies were advanced in March 2020 and May 2020.

The decision is expected to factor in the lockdown induced deceleration in the economic growth against the spike in inflation, which surpassed RBI’s upper tolerance level of 6% in June 2020 (6.1%). We believe that there would be a status quo in this monetary policy with 55% probability on account of inflationary concerns. However, given the economic growth concerns the RBI is likely to retain the monetary policy stance at ‘accommodative’.

(Source: CARE Ratings)

rbi governor, shaktikanta das rbi governor, shaktikanta das 01:11 PM HDFC Securities on Cholamandalam Invt and Finance

01:09 PM IIFL on CreditAccess Grameen (CREDAG) A relatively healthier operating environment in rural areas and quick recovery in demand, as sporadic lock-downs reduce over the medium term, would enable a rapid return to normalisation in growth, provisions and profitability. We estimate a restoration in profitability to ~4.3-4.5% RoA/18-20% RoE (pre-capital infusion) by FY23ii. CREDAG could trade at 2.6x FY22ii BVPS, which indicates a 24% upside from CMP. We remain constructive on the stock

01:08 PM IIFL on Dixon Technologies With strong macro tailwinds on account of the GoI’s policy initiatives to drive domestic manufacturing, Dixon will be placed in a sweet spot to expand its portfolio. Though management is upbeat on strong pre-festive order-bookings, weak consumer demand for white goods could be a potential dampener in the near term.

While the domestic mobile PLI scheme would provide a windfall gain during FY21-25, sustenance of volumes and profitability would be highly uncertain thereafter. Further, expansion in new segments like FATL washing machines (WMs) and refrigerators with top tier brands will not be easy.

We incorporate value of one domestic mobile PLI (Rs1,730/share) to our core business value (Rs5,187, at 35x Jun-22ii EPS), to arrive at our SOTP-based 12mth TP of Rs6,917. We like the business, but struggle to find value in the stock, despite 6% EPS upgrade in FY21-22ii; we downgrade the stock to ADD from Buy

01:08 PM MARKET COMMENT :: SBI Mutual Fund For India, the immediate priority is to control the virus. We must revive demand through decisive fiscal measures. While we look to rationalize expenditure and boost revenue through formalization, growth acceleration remains central to improving our government debt profile. Should debt ratios continue to turn ugly, we may run out of firepower to counter the next shock. A credible boost to growth is the only way out.

#Sensex

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essglobe · 6 months

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Boosting Competitiveness: Best BI Software for FMCG Industry Excellence

BI in FMCG maintains a close eye on consumer demand and trends while managing cost, quality, orders, and inventories effectively. To acquire the greatest pricing, quality, and delivery, evaluate vendors and compare their performance. Manage the supply chain effectively by matching supply and demand with predictive analytics. Choose the best BI software to propel your FMCG business forward. Uncover how Business Intelligence drives efficiency, provides actionable insights, and transforms the way FMCG organizations operate.

#BI in fmcg industry #BI in FMCG #benefits of BI in FMCG #use of BI in fmcg #Best BI software for FMCG #bi for fmcg industry #business intelligence fmcg industry #business intelligence in fmcg #business intelligence fmcg organisations #advantages of BI in fmcg #BI for FMCG

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greenseoservices · 4 years

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Grounded: Survival-Spiel trumpft bei Steam und Twitch groß auf

29.07.2020 um 09:50 Uhr von André Linken - Das erst kürzlich im Early Access gestartete Survival-Spiel Grounded sorgt bereits für einiges an Aufsehen. So steht es derzeit bei Steam auf dem ersten Platz der aktuellen Verkaufscharts. Auch bei der Streaming-Plattform Twitch ist das Interesse momentan riesig.

Am gestrigen Dienstag fiel der Startschuss für die Early-Access-Phase des Survival-Spiels Grounded aus dem Hause Obisdian Entertainment. Bereits kurze Zeit später stellte sich heraus, dass es auf einer durchaus beachtlichen Welle des Erfolgs schwimmt. Das macht sich unter anderem bei den aktuellen Statistiken der Steam-Version bemerkbar. Die steht nämlich aktuell auf dem ersten Platz der täglichen Verkaufscharts - und somit vor solchen Spielen wie dem Remake von Destroy all Humans!, dem VR-Headset Valve Index sowie dem Battle-Royale-Shooter Playerunknown's Battlegrounds. Außerdem konnte Grounded direkt am ersten Tag einen Peak von 12.543 gleichzeitig aktiven Spielen bei Steam erreichen. Das ist ungefähr auf dem Niveau der Steam-Version von Sea of Thieves & Co.

Auch interessant: Grounded: Story-Trailer zeigt mehr von Obsidians Survival-Spiel

Auch bei der Streaming-Plattform Twitch ist das Interesse an dem Survival-Spiel derzeit sehr groß. Dort konnte es innerhalb kürzester Zeit mehr als 200.000 Views erzeugen, was für einen Early-Access-Titel durchaus beachtlich ist. Das liegt unter anderem daran, dass einige bekannte Streamer wie xQc, Markiplier und Lirik mehrere Stunden mit Grounded verbracht und es live via Twitch übertragen haben. Auch in den frühen Morgenstunden des heutigen Mittwochs ist das Spiel in den Top 10 zu finden.

Wie lange die Early-Access-Phase von Grounded laufen wird, ist bisher nicht genau bekannt. Obsidian Entertainment will sich jedoch mindestens einige Monate Zeit nehmen, um auf Basis des Feedbacks an dem Spiel zu arbeiten. Die Releease-Version soll aktuellen Planungen zufolge erst im Jahr 2021 erscheinen.

Quelle: SteamDB, Twitch

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shristisahu · 2 months

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Unveiling Business Potential through Marketing Intelligence Solutions

Originally Published on: Quantzig Harness your Business Needs with Marketing Business Intelligence

Reaping the Rewards: Transforming FMCG Insights

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Elevating Business Intelligence: A Comprehensive Overview

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#DataDrivenDecisions #MarketingIntelligenceEvolution

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sandlerresearch · 4 years

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BOPP Films Market by Type (Wraps, Bags & Pouches, Tapes, Labels), Thickness (Below 15 Microns, 15-30 Microns, 30-45 Microns, More Tham 45 Microns), Production Process (Tenter, Tubular), Application, and Region - Global Forecast to 2025 published on

https://www.sandlerresearch.org/bopp-films-market-by-type-wraps-bags-pouches-tapes-labels-thickness-below-15-microns-15-30-microns-30-45-microns-more-tham-45-microns-production-process-tenter-tubular-application-a.html

“Growing demand from the food & beverage sector is projected to drive the over all growth of the BOPP films market across the globe from 2020 to 2025.”

The global BOPP films market size is projected to grow from USD 24.26 billion in 2020 to USD 31.42 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.3%. The BOPP films market has been growing in tandem with the growth in the packaging industry. Food, beverages, and medical packaging are the largest end users of these films. With the growth in the packaging market in the developing nations, the demand for bi-axially oriented films has increased. It is the most preferred material for food & pharmaceutical products packaging owing to its non-toxic and cost-effectiveness. It also acts as a barrier to external agents which might contaminate the product inside.

“In terms of both volume, bags & pouches segment to lead the BOPP films market by 2025.”

BOPP bags & pouches are water resistant and have the capacity to print high resolution graphics on them. They perform extremely well with paper bag filling equipment. The acceptance of BOPP bags & pouches is rising in as they are cost-effective and 100% recyclable, which makes them environment friendly. BOPP bags & pouches offer high aesthetic value that adds an extra promotional feature to the products packaged in them. These bags & pouches can be stacked easily and have high tensile strength and barrier properties. BOPP bags& pouches primarily find applications in the packaging of cereal & pulses, pet food, grass seed, animal nutrition, fertilizers, beverages, dairy products, and cosmetics.

“In terms of both value and volume, tenter production process is projected to be the fastest-growing segment from 2020 to 2025, for BOPP films.”

The BOPP film thickness produced by the tenter process ranges from 8-50 micro meters while the line output is in the range 100–550 kg/hour. The double bubble method process relatively unique film structures, which is not easily possible by the standard tenter frame process. This results in balanced film properties by simultaneous stretching of a cooled and reheated bubble. Thus, film properties are similar in both orientation directions, an effect which is not realizable with standard tenter frame technologies.Tenter frame processes have much higher output than the tubular process. It is predominantly used to make BOPP and BOPET films.

“The food segment is projected to be the fastest-growing application in the BOPP films market from 2020 to 2025.”

The food segment is projected to be the fastest-growing segment in the BOPP films market. BOPP films are made of highly sterilized materials. These materials help in protecting the products from contamination, making them ideal for usage in food & beverage packaging.The key driver for the BOPP films market in food packaging is the growing demand for compact and lightweight packaging in baby food and pet food. BOPP films are also available for single-time use. In the food industry, BOPP films wraps and pouches are widely used in the packaging of sauces, pet food, ready-to-eat/frozen meal, candies, chocolates, snacks, dried fruits & nuts, and confectionery products.

“In terms of both value and volume, the Asia Pacific BOPP films market is projected to grow at the highest CAGR during the forecast period.”

In terms of value and volume, the Asia Pacific region is projected to grow at the highest CAGR from 2020 to 2025 due to the strong demand from countries such as China, India, and Japan. the growing population in these countries presents a huge customer base for FMCG products and food & beverages, which in turn, is expected to lead to the growth of the BOPP films market. Changes in packaging styles, innovations in flexible packaging designs, and increase in demand for personal care products due to the rise in the young population are expected to drive the market for BOPP films in this region.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the BOPP films market.

By Department: Sales/Export/Marketing: 62%, Production: 26%, and CXOs: 12%

By Designation: Managers: 55%, CXOs: 15%, and Executives:30%

By Region: North America: 18%, Europe: 14%, Asia Pacific: 42%, Middle East & Africa: 22%, and South America: 4%

The global BOPP films market comprises major manufacturers, such as Cosmo Films (India), Taghleef Industries (UAE), CCL Industries (Canada), Jindal Poly Films (India), Inteplast Group (US), and Polibak (Turkey).

Research Coverage

The market study covers the BOPP films market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, thickness, production process, application, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the BOPP films market.

Key Benefits of Buying the Report

The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall BOPP films market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gaini nsights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

#Advanced Material

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erpsoftwarsolution · 4 years

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oraclefusionerp · 4 years

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ourshashiranjan3307-blog · 5 years

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