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Global Seamless Tubes & Pipes Selects Louisiana for First U.S. Facility, Creating 135 New Jobs

Global Seamless Tubes & Pipes Selects Louisiana for First U.S. Facility, Creating 135 New Jobs

Kolkata (West Bengal) [India]: Global Seamless Tubes & Pipes (Global Seamless), a leading manufacturer of carbon, alloy, and stainless steel tubes and pipes in India, announced a $35 million investment to establish its first U.S. production facility in northwest Louisiana in Mansfield, DeSoto Parish.

The India-based company is a leading manufacturer and supplier of seamless steel tubes and pipes used extensively in transporting fluids like water, natural gas, and waste. Due to their lack of welding seams, these tubes and pipes are vital for high-pressure, high-corrosion environments.

A Strategic Move to Meet the Growing Demand

Global Seamless currently exports products to over ten countries. Their Louisiana facility will integrate hot finishing and cold drawn processes, allowing them to better serve North American customers in engineering, oil and gas, and power generation.

“Louisiana’s position as a natural gas hub and a key player in the global energy supply chain makes it the ideal location for our first U.S. facility,” said A.R. Biswas, President of Global Seamless. “We are committed to providing high-quality products and services, and this new plant strengthens our domestic supply chain.”

Project Timeline and Incentives

Engineering and design are underway, with construction and installation of the first production line expected to follow shortly. The company anticipates commercial operations by year-end.

The state offered Global Seamless a competitive incentives package, including workforce development through LED FastStart and a $1.25 million grant for utility, road, and facility improvements. The company is also expected to participate in Louisiana’s Quality Jobs program.

“Bringing opportunity back to areas that have lost jobs is incredibly rewarding,” said North Louisiana Economic Partnership CEO Justyn Dixon. “We are excited to welcome Global Seamless to North Louisiana and thank LED and local leadership for making this happen.”

Creating Local Jobs and Strengthening North American Supply Chain

This $35 million project will bring 135 new direct jobs to DeSoto Parish, with an estimated total of 386 potential new jobs when including indirect positions.

“We are dedicated to bringing economic opportunities to all of Louisiana,” said LED Secretary Susan B. Bourgeois. “Global Seamless’ investment will revitalize rural communities and support our oil and gas industry. We are grateful for their commitment to our skilled workforce and the competitive advantages Louisiana offers.”

DeSoto Parish Welcomes New Opportunity

“We are thrilled that Global Seamless will revitalize the former Hensley facility,” said DeSoto Parish Police Jury Parish Administrator Michael Norton. “This project will create much-needed career opportunities and breathe new life into this once-thriving manufacturing center.”

About Global Seamless Tubes & Pipes

Global Seamless Tubes & Pipes, an eminent steel seamless piping mill in India, merges over three decades of expertise with cutting-edge technology in both hot-finishing and cold-drawn processes, ensuring unparalleled quality and precision in seamless pipes and tube production. Positioned advantageously near major ports, the company boasts a robust US investment-backed infrastructure, excelling in manufacturing a wide range of steel pipes for diverse industries while adhering to international standards and supporting the ‘Make in India’ initiative. The factory is built over 300,000 square feet and is equipped to produce 24,000 metric tons of cold-drawn tubes and hot-finished pipes annually. Learn more at https://www.globalseamless.com

About Louisiana Economic Development (LED)

Louisiana Economic Development is responsible for strengthening the state’s business environment and creating a more vibrant economy. In 2023, LED attracted more than $25 billion of capital investment resulting in the creation of 19,000 potential new and retained jobs. Explore how LED cultivates jobs and economic opportunity for the people of Louisiana and employers of all sizes at https://www.opportunitylouisiana.com

Chemco Group Strengthens Packaging Leadership with Sustainable Stretch Film Line

Chemco Group Strengthens Packaging Leadership with Sustainable Stretch Film Line

Mumbai (Maharashtra) [India]: Chemco Group, a renowned pioneer in the packaging sector, strengthens its leadership stance with the debut of its innovative stretch film line. This state-of-the-art technology has an impressive annual production capacity of over 1,000 tons, allowing businesses to meet growing demands with the highest quality of stretch films.

Emphasising High-Quality Resins for Superior Stretch Films

“At Chemco, our approach to innovation is balanced. We focus on utilizing high-quality materials and integrating advanced manufacturing techniques to deliver products that stand out,” remarks Vaibhav Saraogi, Managing Director of Chemco Group. “This new stretch film line is a reflection of our commitment to excellence, offering businesses the efficiency and reliability they need in their operations.”

Tailored Packaging Solutions Across Diverse Industries

Chemco’s stretch film line is designed to support a broad spectrum of industries and solutions:

Food & Beverage: Securely seals food items, preserving their freshness.

Pharmaceuticals & Chemicals: Provides stable and secure packaging for a range of applications.

Manufacturing & Industrial: Ideal for securing heavy or irregularly shaped loads.

Warehousing & Logistics: Enables efficient inventory management through colour-coded wrap options.

Promotional & Informational: Offers printed wraps for easy product branding and tracking.

Outdoor Storage & Transportation: Features UV resistance for prolonged sun exposure during transport and storage.

A Blend of Quality and Efficiency

Chemco’s commitment to using quality resin, combined with its innovative manufacturing processes, allows for the production of stretch films that are not only durable and reliable. This balance ensures that businesses can count on Chemco for packaging solutions that provide both performance and sustainability.

One Stop Solution

With the installation of this cutting-edge stretch film line, Chemco Group further solidifies its position as a comprehensive one-stop solution for all packaging needs. Our extensive portfolio now encompasses preforms, bottles, jars, shrink films, caps, and with the latest addition, stretch films. Chemco is dedicated to innovating and expanding its offerings to ensure that our clients have access to the best packaging solutions, all under one roof, thereby enhancing operational efficiency and product reliability.

Visit Chemco Group Website at www.chemcogroup.com

Octa research: commodity performers in 2023

Octa research: commodity performers in 2023

New Delhi [India]: Commodity trading offers investors lucrative trading opportunities. In 2023, some commodity asset categories have shown double-digit returns, and some will do the opposite. Octa, in the article, talks about commodity performers in 2023.

Trading commodities is a promising opportunity for those looking to diversify risks, protect themselves against inflation and make money using predictable price movements within a year. So, it will be interesting to find out which commodities perform best and which perform worst. But first, let’s try to understand commodities as an asset.

What are Commodities?

Commodities are the raw materials used to create consumer products, from food to furniture to petrol. Commodities include agricultural products such as wheat and cattle, energy products such as oil and natural gas, and metals such as gold, silver and aluminium. There are also soft commodities that cannot be stored for long periods, such as sugar, cotton, cocoa, and coffee.

Why do traders use commodities to generate income?

Predictability: As commodities are real assets, they tend to react to changes in external factors differently than stocks, bonds, and currencies, which are financial assets. In particular, no central bank regulator sets the rules of the game for tangible assets. Here, the law of supply and demand determines the price–a shortage of a particular commodity naturally raises its price.

Inflation defence: Changes in the prices of the main categories of commodities are the first turn of the inflationary spiral. The more significant the increase in commodity prices, the greater the increase in goods and services production costs (Producer Price Index–PPI). The growth of production costs of goods and services provokes the growth of retail prices, thus shifting the inflationary burden to the consumers (Consumer Price Index–CPI). Therefore, commodity investments can provide portfolios with inflation protection.

Cyclicality: Demand for groups of goods depends on the time of year. For example, the demand for feed grain grows twice a year–during the preparation for sowing and harvest period. Also, there is an assertion that petrol prices rise in summer when the holiday season starts. However, there is a downside–commodities may underperform during cyclical downturns in the global economy when consumer and industrial demand slows down.

Best & worst commodity performers

Almost all commodities ended in 2023 in negative territory: only gold took the crown, other metals showed negative dynamics, and most energy and agriculture commodities declined.

Gold is the leading precious metal. Copper is the best non-precious metal

Gold rose 13.10 per cent to a record high of $2,135. The rise in gold was driven by central bank purchases, which estimated 800 tonnes of gold in the first three quarters of 2023. As rate cuts in 2024 look more likely, investors are looking for a safe-haven gold asset, and the weaker dollar has accelerated this process.

Copper’s rise is driven by current demand, as it is virtually indispensable in most electronic devices, from mobile phones to solar panels.

Meanwhile, the very same factor makes palladium just as unpopular in 2023. Its main uses are catalytic converters and the automotive industry, and car sales have been declining as people keep switching to electric cars.

Lithium and nickel rank last. It’s all about the fact that their supply was extremely high in 2023. In fact, some major producers even halted production amid falling prices last year. The situation is unlikely to improve in 2024.

Energies were on a cyclical correction

Crude oil fell by almost 11 per cent due to rising aggregate supply: at the end of 2023, daily U.S. crude oil production stood at a record 13.3 million barrels per day. In addition, economic activity in China, the leading consumer of crude oil, hurt aggregate demand.

What’s on track now?

  • In 2024, moderate consumer activity weakens demand for commodities. The expected interest rate cuts by the U.S. Federal Reserve may not only be good for consumer activity–a weaker dollar will support the price of gold, which may rise even higher.
  • Lower inflation will continue to hold down the price of oil in 2024. However, if geopolitical tensions rise, the scenario could be reversed.
  • Commodities used in the green energy transition, such as nickel, copper, lithium and zinc, are trending downwards due to continued significant oversupply. Copper, lithium and zinc will also be in surplus in 2024.

Regardless of how 2024 turns out, it is clear that the commodities market offers traders a unique opportunity to make money. Octa allows its clients to trade gold–the most growing commodity, and other types of assets.

SquareX Uncovers Critical Vulnerabilities in Malicious Document Detection Among Top Webmail Providers Like Gmail, Outlook

SquareX Uncovers Critical Vulnerabilities in Malicious Document Detection Among Top Webmail Providers Like Gmail, Outlook

SquareX, a browser-security start-up led by serial cybersecurity entrepreneur Vivek Ramachandran, today unveiled the results of its recent study, revealing a concerning reality about major email providers’ inadequacies in safeguarding users against malicious document-based threats.

The study, conducted by SquareX’s research and development team, involved analysing 100 malicious document samples, which were segmented into four distinct categories:

  1. Original malicious document samples from MalwareBazaar
  2. Slightly altered malicious document samples from MalwareBazaar, such as changes in metadata and file formats
  3. Malicious document samples modified using attack tools that have existed for many years
  4. Basic Macro-enabled documents that execute programs on user devices.

These samples were sent via a third-party email provider, ProtonMail, to several major email providers, including industry giants such as Gmail, Outlook, Yahoo, AOL, and Apple iCloud Mail. The study revealed that while email providers like Gmail and Outlook demonstrated basic detection capabilities in identifying unmodified malicious document samples, they faltered in detecting modified malicious documents manipulated with readily accessible attack tools – exposing a glaring cybersecurity loophole that poses a potential threat to millions of users around the world.

Given the prevailing reliance on email services as secure communication channels, these findings raise important questions about the effectiveness of relying on existing email security measures and the false sense of security they may instil in millions of users and enterprises worldwide. While cyber threats are becoming increasingly sophisticated, email providers appear ill-prepared to detect and intercept these emerging threats, consequently leaving users to potential exploitation.

“The inadvertent discovery of this significant lapse in email security during our product enhancement process was startling, especially in India where most people use these services both for personal and professional work and rely on them for security,” shared Vivek Ramachandran, the founder and CEO of SquareX. “Our intention in making these findings public is to ignite a dialogue on the urgent need for reinforced security measures and encourage email providers to either elevate their security protocols or transparently acknowledge their current limitations,” added Vivek.

To bridge this security gap, SquareX has introduced an advanced in-browser malicious document scanning feature as a part of its browser extension, currently in beta. This move not only speaks of the company’s commitment to making the web a safer place but also invites other companies to join forces in securing the web activities of users and enterprises from cyber-attacks.

About SquareX:

SquareX is a browser-security start-up founded by the seasoned cybersecurity expert and serial entrepreneur, Vivek Ramachandran. At the core of SquareX’s mission is the commitment to empower users and enterprises with the confidence to navigate the online world without fear. With its innovative browser-native security solutions and unique isolation technology, SquareX aims to safeguard both individuals and enterprises from a spectrum of browser-based threats, encompassing malicious files, websites, scripts, and compromised networks.

Available on the Chrome and Edge stores, the SquareX browser extension has not only been awarded as “featured extension” by Chrome store but has also earned over 100,000 users globally in less than a year.

Techno National JEE: New Horizons for Technology Education in Modern India

Techno National JEE: New Horizons for Technology Education in Modern India

Our Success Story: Techno India Group’s 5 lakh alumni got JOBS across the globe at salary range of INR 4 lakh to 2 crore per annum.

Techno India University has brought a new dimension to higher education in India. This university aims to set the benchmark for engineering and technology education for the next generation through their new initiative ‘Techno National Joint Entrance Examination (TNJEE) 2024’.

This exam to be held on April 12, 2024 is the first step of that commitment. Given the global shortage of 85 million skilled human resources in technology and engineering as per Korn Ferry’s report, Techno India has made its curriculum richer and more diverse.

Apart from regular courses Artificial Intelligence (AI) technology includes Engineering, Core Engineering, Architecture, Nursing, Computer Application, Pharmacy, Paramedical College, Design, Science, Management, Humanities, Film Making, Law, Commerce, AI Skill Development Course, any college. Special emphasis is given to providing dual degree course education for students. The courses mentioned here are taught up to UG, Diploma, PG, PhD level.

Students of these institutions can get credit transfer of NPTEL and SWAYAM online courses through the new government ‘Credit Transfer Scheme’. This credit system will give them more freedom and flexibility in their education path.The university also offers dual degree programs, which allow students to obtain two professional degrees for a career. This will make them stronger and more capable in the job market. Techno India University is setting a new benchmark in this journey of higher education.Come, join this journey, expand the boundaries of your knowledge and usher in a new era in engineering education and research in India.

For more information and online application visit the websites www.technoindiagroup.com, www.technoindiauniversity.ac.in or www.technobillionai.com.

Last date of application is 11th April 2024, so apply now without delay.

Note: 10% management quota is available as per Government of India norms, without the requirement of TNJEE exam.

Vision11 signs up as Chennai Super Kings’ Official Fantasy Sports Partner

Vision11 signs up as Chennai Super Kings’ Official Fantasy Sports Partner

One of India’s Fastest Growing Fantasy Sports Platform, Vision11 today announced that it has renewed its association with one of the country’s most popular cricket franchise the Chennai Super Kings for the ongoing season of this year’s T20 extravaganza.

This marks the start of the second year of the association between the two most premium brands in India. Defending champion Chennai Super Kings are being led by talented young batter Ruturaj Gaikwad.

Founded in 2020 by visionary young entrepreneur Mr Parth Rawal, based out of Surat, Vision11 has emerged as one of the India’s Fastest Growing Fantasy Sports Platform. With over 20million+ users, Vision11 has captured the imagination of sports loving fans. Currently, the biggest user base for the app emerges from the states of Uttar Pradesh, Maharashtra, Bihar, Rajasthan, Gujarat, West Bengal, Madhya Pradesh, Tamil Nadu, Karnataka, and Jharkhand.

Under this partnership with Chennai Super Kings, Vision11 will get the pride of place on the leading trouser. With this collaboration, Vision11 will strengthen its already established reliability in the growing fantasy sports market in India with more than 20 million users.

Mr Parth Rawal, Founder Vision11, welcomed the renewal of the association and is confident of a long fruitful partnership. “As we embark on this exciting journey with the Chennai Super Kings (CSK) once again, we are reminded of the power of dreams and determination. Just as in fantasy sports, where every move counts, the synergy between Vision11 and CSK exemplifies the importance of strategy, teamwork, and unwavering passion. Together, we aim to redefine the boundaries of possibility and bring unforgettable experiences to fans worldwide.”

Chennai Super Kings has been crowned champions five times.

Mr KS Viswanathan, CEO of Chennai Super Kings Cricket Limited was confident that the association with Vision11 will once again be able to provide a unique fan experience through the engagement.

“We are thrilled to renew our partnership with Vision11, a company that shares our commitment to excellence and innovation. As we embark on another season together, we look forward to leveraging our combined strengths to elevate the fan experience and continue our journey of success both on and off the field.”

As the fantasy sports partner of the Chennai franchise, Vision11 plans to offer the best deals for its users. Fantasy cricket enthusiasts from all over India, can join the platform and acquire the best rewards during this season of the T20 extravaganza.

In this regard, Vision11 is offering some exciting offers, especially for the season:

• Maximum win at a minimum entry fee:Vision11 is offering of daily winning opportunities at minimal entry fee

• Giveaway contest: Users can join with zero entry fee and can take the winning amount home

• Opportunities galore: Players can enter one contest with multiple teams as per the policy

• GST free deposits: Cricket enthusiasts can play for their favourite contests without extra charges on deposit and get the most amazing rewards instantly

Apart from these, the exclusive H2H fantasy is another highlight. With this method, players can choose one player from each team instead of playing XI and join the contest to win. This makes playing contests much easier for beginners.

Vision11 has on board several cricketers as their brand ambassadors including Suresh Raina, Mohammed Shami and Umran Malik. Apart from the cricketers, the app has associated with leading kabaddi players like Arjun Deshwal, Maninder Singh, Siddharth Desai, Sachin Tanwar, Pardeep Narwal and Rohit Kumar.

For further information contact:

Chandresh Narayanan

+919819359780

Unlocking Success: Noida’s Premier Digital Marketing Institute with Job Placement Guarantee Emerges as the Best in Delhi NCR

Unlocking Success: Noida’s Premier Digital Marketing Institute with Job Placement Guarantee Emerges as the Best in Delhi NCR

Nurturing the next generation of digital marketers, Wordbinary, based in Noida, proudly announces its distinction as the premier destination for aspiring marketers in the Delhi NCR region. Renowned for its comprehensive curriculum, industry-experienced faculty, and hands-on approach, Wordbinary, stands as the epitome of excellence in digital marketing education.

With a vision to empower individuals with the skills needed to thrive in the digital realm, Wordbinary, has crafted a meticulously designed course that caters to the ever-evolving demands of the industry. The institute’s flagship program has been consistently hailed as the “best digital marketing course in Noida” and the “best digital marketing course in Delhi NCR,” earning accolades for its unparalleled quality and efficacy.

“Our mission is to equip our students with not just theoretical knowledge but practical insights and real-world experiences,” says Mohammad Zeeshan, Founder and CEO of Wordbinary. “In an era where digital presence is paramount, our courses are tailored to instil proficiency across various digital marketing domains, ensuring our graduates are well-prepared to excel in their careers.”

Popular Courses in Digital Marketing

1. Full Digital Marketing Course with On page and Off page SEO (https://wordbinary.com/digital-marketing/)

2. Paid Ads Specialist Course with Google Ads and Facebook/Instagram Ads (https://wordbinary.com/ppc-training-course/)

3. WordPress Web Designing Course (https://wordbinary.com/web-designing/)

4. Marketing Content Writing Course (https://wordbinary.com/)

The hallmark of Wordbinary’s curriculum lies in its holistic approach towards digital marketing education. From search engine optimization (SEO) and social media marketing (SMM) to pay-per-click (PPC) advertising and content marketing, students undergo a comprehensive journey that covers every facet of the digital marketing spectrum. Moreover, the institute remains agile in its course offerings, regularly updating its curriculum to align with the latest industry trends and advancements.

Central to Wordbinary’s success is its distinguished faculty comprising seasoned professionals and industry experts. With a wealth of experience garnered from leading organizations, the instructors bring forth invaluable insights and practical wisdom, enriching the learning experience for students. Their mentorship extends beyond the classroom, providing students with personalized guidance and mentorship to nurture their individual talents and aspirations.

In addition to the robust curriculum and expert faculty, Wordbinary places a strong emphasis on experiential learning. Students are provided with ample opportunities to apply their knowledge through hands-on projects, case studies, and internships with leading companies. This immersive learning approach not only enhances skill acquisition but also fosters creativity, critical thinking, and problem-solving abilities among students.

Testifying to the institute’s unparalleled quality and impact are its alumni, who have gone on to achieve remarkable success in the digital marketing arena. From securing prestigious job placements at top-tier companies to launching their own ventures, Wordbinary’s graduates continue to make waves in the industry, serving as beacons of inspiration for aspiring marketers.

As Wordbinary continues to set new benchmarks in digital marketing education, it remains steadfast in its commitment to excellence and innovation. With a relentless focus on empowering individuals with the skills and knowledge needed to thrive in the digital age, the institute envisions a future where every graduate emerges as a trailblazer in their respective fields.

For aspiring digital marketers seeking to embark on a transformative journey, Wordbinary stands as the ultimate destination. Join us and unlock your potential for success in the dynamic world of digital marketing.

For more information about Wordbinary and its courses, please visit https://wordbinary.com/ or contact 7678129906.

YouTube Video Link: https://youtu.be/A7akHIu6ZrY

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Wordbinary is a leading digital marketing institute based in Noida, India, renowned for its comprehensive courses, expert faculty, and hands-on approach to learning. With a commitment to excellence and innovation, the institute empowers individuals with the skills and knowledge needed to succeed in the digital age.

IIBM Institute India and EIASM Europe Collaborate to Revolutionize Online Higher Education with DBA & MBA Programs

IIBM Institute India and EIASM Europe Collaborate to Revolutionize Online Higher Education with DBA & MBA Programs

Noida (Uttar Pradesh) [India]: IIBM Institute, a distinguished leader in the field of Educational Technology (Ed-Tech), is delighted to unveil its strategic partnership with the esteemed European Institute of Applied Science and Management (EIASM). This transformative alliance is poised to provide aspiring business leaders across the globe with unparalleled opportunities to access premier online DBA & MBA degrees from Europe.

The alliance with EIASM underscores IIBM Institute’s commitment to fostering global connectivity and academic excellence. It is dedicated to empowering individuals to unlock their professional potential through engaging learning experiences. Providing a comprehensive array of specialized programs aimed at augmenting expertise, IIBM Institute collaborates with esteemed universities on a global scale. Noteworthy partnerships include renowned institutions such as the EIASM, Horizons University, CASS European Institute of Management Studies, Paris American International University, IPMA UK, IIM Calcutta, and MDI Gurgaon, among others. By partnering with esteemed international & national institutions, IIBM Institute seeks to enhance the educational experience for its student community and strengthen its position as a premier provider of online education.

Since 2008, IIBM Institute swiftly gained recognition among working professionals. Acknowledging its dedication to superior quality, the IIBM Institute received the prestigious “Best Ed-Tech Management Institute 2023” award on 27th September’2023.

This strategic partnership opens doors for IIBM Institute students to pursue prestigious professional degrees such as Doctor of Business Administration (DBA), Master of Business Administration (MBA), and Bachelor of Business Administration (BBA) programs offered by EIASM. By December 2024, IIBM Institute aims to empower 4,000 learners this year with recognized DBA, MBA, and other Master’s degrees, building on its legacy of empowering over 50,000 candidates in management education since 2008.

These professional degrees, available through this collaboration, are tailored to ambitious individuals aiming to advance their careers and gain a competitive edge in multinational corporations (MNCs) and corporate environments. With a reputation for delivering industry-relevant programs, IIBM Institute has established itself as a trusted institution in the online education landscape.

Through this partnership, IIBM Institute will leverage the expertise and reputation of EIASM, a distinguished institution for advanced management studies in Europe. Students enrolled in the management degree programs offered through this collaboration will benefit from a meticulously crafted curriculum focused on nurturing strategic thinking skills and leadership capabilities.

Vikas Maheshwari, CEO of IIBM Institute, expressed enthusiasm about the partnership with EIASM, highlighting the institution’s commitment to providing unmatched opportunities for students. He remarked, “By incorporating EIASM’s management expertise into our platform, we aim to equip aspiring leaders with the skills and knowledge necessary to thrive in the global business landscape.”

For media inquiries or further information, please visit: www.iibmindia.in or contact +91 84100 88096.

Hutech Solutions and XOOTS Announce a Strategic Partnership to Drive Outcomes through Excellence in Technology, for our Customers

Hutech Solutions and XOOTS Announce a Strategic Partnership to Drive Outcomes through Excellence in Technology, for our Customers

Bengaluru (Karnataka) [India]: Hutech Solutions, an Innovative IT Product Engineering and Services Company known for its expertise in e-commerce, logistics, supply chain, and advanced technologies including AI, IoT, and Cloud Computing, is excited to announce a strategic partnership with XOOTS, a forward-thinking company dedicated to transforming talent recruitment and enhancing Team productivity using the power of Generative AI. This collaboration is set to deliver pioneering AI-driven solutions for various business domains to propel our customers’ success.

The objective of our Partnership:

Hutech Solutions and XOOTS Announce a Strategic Partnership to leverage each other’s leadership and expertise in cutting-edge technologies using AI for eCommerce, Supply-chain, Logistics, AI-powered talent Recruitment and Team Productivity, among others. Together, we bring superior value propositions to our customers, building on our leadership teams’ long-term associations and success in the industry.

As part of this strategic partnership, Alex Alexander, CEO of XOOTS, will now be an Advisor to Hutech Solutions.

From the CEO of Hutech Solutions:

“It gives me immense pleasure to collaborate once again with a former colleague and a visionary leader at XOOTS,” said Pravat Ranjan Rana, CEO of Hutech Solutions. “This partnership is a testament to our shared commitment to leveraging technology for sustainable growth and innovation in the e-commerce, Logistics, and Supply-chain domains, leveraging AI. By combining our strengths, Hutech Solutions, and XOOTS are poised to introduce AI-driven solutions that are not only innovative but also at the same time leveraging our deep industry experience. Together, we aim to transform the e-commerce and logistics landscape, offering our clients cutting-edge solutions that will drive their success in the AI era.”

The partnership holds particular significance due to the personal and professional bonds between the leadership teams of Hutech Solutions and XOOTS, who previously collaborated on building multi-billion dollar IT solutions across the globe.

From the CEO of XOOTS:

“I am thrilled to announce the exciting new partnership and collaboration with Hutech Solutions,” said Alex Alexander, CEO of XOOTS. This partnership holds a special significance for me, as the leadership team at Hutech and I were former colleagues at Walmart between 2012 and 2015.

Under Pravat Ranjan Rana’s leadership and the collective efforts of the entire Hutech Solutions team, the company has achieved remarkable success. Their innovative solutions offer unparalleled capabilities for SMEs across various sectors and markets.

I am enthusiastic about the prospect of reuniting with the Hutech leadership in this new chapter of growth and success. Together, I am confident that our collaboration will bring innovative solutions and value to our clients and contribute to the success of both companies.

For more information about Hutech Solutions and XOOTS, please visit https://hutechsolutions.com/ and https://www.xoots.biz/ respectively.

Hutech Solutions

Hutech Solutions is a team of technology experts specializing in digital product development, having offices in Bengaluru and Pune, India. Our services are designed to support business growth and encompass consulting, design, development, support, and software maintenance. The company provides a comprehensive range of software development services that cover a diverse spectrum of areas, such as IoT, Cloud Solutions, data analytics and reporting, AI/ML, Blockchain, etc., specifically in eCommerce, Logistics, and supply-chain domains.

For more information, please visit: www.hutechsolutions.com

XOOTS

XOOTS is an innovative AI Tech Startup based in Bologna, Italy. XOOTS leverages the power of Generative AI to transform the recruitment of product and tech talent, ushering in a new era of talent selection and technology team creation. XOOTS is redefining the traditional approach to talent recruitment and how businesses build products, using TALENT-X.

TALENT-X empowers businesses to swiftly secure top-quality talent, expediting software development. In a landscape where Generative AI has exposed outdated recruitment norms, TALENT-X leverages its capabilities to disrupt and transform talent acquisition. XOOTS as a pioneering member of the European DIGITAL SME Alliance (https://www.digitalsme.eu/) will be featured at the largest AI event in Italy in April.

XOOTS is on a mission to transform technical talent recruitment and unlock the potential of product and tech teams by harnessing the power of data and Generative AI. Central to XOOTS’s mission is the commitment to enhancing the productivity of product and tech talent, providing a critical edge in today’s fiercely competitive business landscape. In an era where rapid software development defines market leadership, this advantage proves invaluable to businesses of all sizes. For more information, please visit: https://www.xoots.biz/

XOOTS focus on AI has paved the way to become an Associate Partner of the European Artificial Intelligence Skills Alliance and collaborate with ARISA – AI Skills. ARISA is an EU-funded project which aims to bring more AI skills to the European market. As an Associated Partner of ARISA, XOOTS will contribute to the project’s collective effort to ensure the availability of quality AI skills and reduce skills gaps and mismatches in Europe. For more information about ARISA Associate Partners, go to: https://aiskills.eu/the-alliance/.

Madhur Iron & Steel Secures 10.85 Crores in Pre-IPO Round, Garnering Support from Key Investors Including Ankit Mittal, Planify Capital, VPK Global Ventures Fund

Madhur Iron & Steel Secures 10.85 Crores in Pre-IPO Round, Garnering Support from Key Investors Including Ankit Mittal, Planify Capital, VPK Global Ventures Fund

Raipur, India – Madhur Iron & Steel Ltd, strategically located in Bhilai, has successfully concluded its private placement funding round, raising 10.85 crores. The round saw significant participation from esteemed investors, including Ankit Mittal, Planify Capital, Rajkot-based VPK Global Ventures Fund, and Persistent Growth Fund.

Led by Jayant Aggarwal and his younger brother Umang Aggarwal, Madhur Iron & Steel is renowned for its advanced manufacturing technologies, stringent quality assurance measures, and commitment to environmental sustainability, delivering Indian and International grade Angles, Rods, Flats, and Channels, including British and American standards. The company’s dedication to excellence has positioned it as a leader in the industry, catering to the diverse needs of its esteemed clientele like PowerGrid, Zetwork, Kalpatru Power, and Indian Railways.

The successful completion of the pre-IPO funding round underscores the confidence in Madhur Iron & Steel’s business model and growth prospects. This strategic infusion of capital will fuel the company’s expansion initiatives, enhance manufacturing capabilities, and strengthen its market presence. Madhur Iron and Steel is eyeing to hit the capital markets to launch its IPO later in the year.

CEO Jayant Aggarwal expressed gratitude for the overwhelming support from investors, stating, “We are thrilled to have secured this significant investment, which reaffirms our position as a key player in the industry and propels us towards our ambitious growth objectives.”

Disclaimer: The information and facts presented in this press release have been sourced from Madhur Iron & Steel Ltd. We assume no responsibility for the accuracy, reliability, or completeness of the information provided herein. Any reliance on the information contained in this press release is at the reader’s own risk.