LONDON and NEW DELHI, April 24, 2024 /PRNewswire/ — Businessabc.net part of ztudium group partners with Indo-European Business Forum IEBF and signed an MOU to collaborate in building tech AI-powered tools and trade corridors and technological solutions for businesses in India, UK, and Europe.

Businessabc.net is a global business abc AI, digital certification search engine, and directory marketplace that offers a fresh approach to business insights, and analytics and makes it accessible to every company, and employee, empowering knowledge-sharing and strategic insights across every level for businesses worldwide. Businessabc offers a digital hub marketplace to empower SMEs and businesses of all types with B2B, B2C, and AI-powered tools, that give them access to strategies, and insights and connect them with chambers of commerce, trade corridors, digital supply chains, provenance tools, and multi-store e-commerce solutions. The Indo-European Business Forum – IEBF is an independent, impartial organisation promoting two-way flows of trade, and investment in India, the UK, and EU member countries.

Businessabc.net owned by ztudium announces this strategic partnership with the IEBF and announces Dilip Pungliya as a new partner and Board Member to lead these endeavours. In this role, Mr. Pungliya, a tech, business, and data scientist executive will bring his extensive expertise in business strategy and digital transformation to lead key initiatives within the organisation.

The growth of Generative AI among Small and Medium Enterprises (SMEs) worldwide has been steadily gaining momentum, and in India, the UK, and Europe a burgeoning tech ecosystem is growing awareness of the transformative potential of artificial intelligence.

IEBF and Businessabc.net join forces to expand the platform with new indexes powered by Generative AI to enhance efficiency, streamline operations, and give companies a competitive edge in the market. Factors such as the availability of cost-effective AI solutions, the skilled workforce, and a global need to push towards digitalisation have contributed to the adoption of Generative AI technologies. GenAI tools and tech solutions are critical to unlocking new value for businesses and becoming the most important tools for organisations of all sizes. AI revolution through platforms such as businessabc.net semantic and GenAI search, indexes, and chatbots, can solve business problems and offer leaders integrated solutions for their growth.

IEBF has been collaborating with Governments in India, UK, and Europe,. Their contribution includes events in the UK House of Lords, Indian governmental organisations, and research and education initiatives for businesses. Created by Mr. Vijay Goel and Mr. Sunil Kumar Gupta the founders, responsibles for the organisation said about this: “We are excited to work and enhance business solutions between IEBF and Businessabc.net, part of Ztudium group. All businesses need to be aware, educated, and prepared for this new AI and digital growth tools world. Data from India’s Ministry of Electronics and Information Technology (MeitY) reports that GenAI is expected to add USD 450–500 billion to India’s GDP by 2025 – 10% of the country’s USD 5 trillion GDP target. We expect to work together to empower businesses in India, the UK, and Europe joining forces with Businessabc.net to organise strategic trade corridors, events, and Indexes.”

Dinis Guarda, Founder of Ztudium / Businessabc.net, a business top thought leader, author, and Youtuber said about the partnership: “We are thrilled to work with IEBF to expand the businessabc.net solutions to India, UK, and Europe businesses and welcome Dilip Punglyia to support, lead this partnership and Ztudium group. Together we will offer cutting-edge simple tools that use genAI in business and finance. In the financial sector alone GenAI is expected to increase global gross domestic product (GDP) by 7%—nearly $7 trillion—and boost productivity growth by 1.5%, according to Goldman Sachs Research.”

Dilip Pungliya, a seasoned tech, digital, and business strategy leader with more than twenty five years of experience creating data-driven solutions will be at the forefront of this partnership. Mr. Dilip Pungliya said about this: “I’m thrilled to join businessabc.net and Ztudium leadership team and contribute to the growth of the partnership with the IEBF and its holistic company’s mission of driving innovation and digital transformation through cutting-edge technologies like AI, fintech, Web 3.0, Metaverse, and Blockchain. This partnership will allow us to create a digital ID, new AI data-driven generative tools, and scale growth for businesses in India, UK, and Europe, and Dilip’s wealth of experience and strategic vision will be invaluable as we continue to drive innovation and empower businesses with transformative technologies.”

About the Indo-European Business Forum

IEBF is an independent, impartial body actively promoting two-way flows of trade, and investment in India and EU member countries. Indo European Business Forum is an open forum comprising like-minded people who believe that “India can offer strong and sustained business opportunities for European Union countries”. IEBF is patronised by leading personalities from both India and the EU having excellence in the fields of business, finance, real estate, and art, to name a few. Our advisory board consists of people who are determined to create a progressive world.

About the Businessabc.net,

Founded in August 2011 by Dinis Guarda, who was joined by Sonesh Sira as board and partner some years after businessabc.net part of Ztudium group has been creating Digital Transformation, and AI tools and being recognised as one of the top global thought leaders organisations by organisations like Thinkers360.com. The company has been working and advising Fortune 500 companies and governments and offers technology products and platforms. Some of its offers are citiesabc.com, fashionsabc.com, sportsabc.org. It also manages a media division with intelligenthq.com, tradersdna.com, hedgethink.com, and services that integrate a wide range of 4IR, AI, 3D, web 3.0, and blockchain technologies solutions such as Metaverseabc. tech, MStores.shopping, iDNA.technology, and AI.DNA. The platform unveiled recently its Top 10,000 Public Companies Market Cap Index, which lists tech giants like Apple, Microsoft, Google, Alphabet, Nvidia, and Meta, and LVMH, IBM, and JPMorgan Chase & Co., from other industries at the top.

About Ztudium: The maker of 4IR, AI, Web 3.0, and Smart Cities technologies

Ztudium is a UK-based global maker of leading proprietary intellectual property and technologies that integrate Fourth Industrial Revolution (4IR) technologies. The company creates technology products, platforms, media, and services that integrate fintech, smart cities, Web 3.0, AI, Metaverse, and Blockchain. Ztudium collaborates with multiple governments, organisations, educational institutions, and business networks worldwide.

For media inquiries, please contact:

Media Contact Name: Manan Kothari
Email Address: [email protected]
Phone Number: +44 7833881659

Company Name: Businessabc / Ztudium
Company Address: 85, Great portland street, London W1W7LT
Website URL: www.businessabc.net, www.ztudium.com

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TORONTO, April 24, 2024 /PRNewswire/ — Tri Ri Asset Management Corp today disclosed a strategic transition in its leadership, effective immediately. Asad Ali, the incumbent Chief Investment Officer, will pivot to a leadership role within Tri Ri’s Venture Fund following a brief hiatus.

During his tenure as Chief Investment Officer, Mr. Ali presided over the core fund, delivering notable returns of 115.80% annualized over a four-year span. His stewardship played a pivotal role in steering the fund through favorable market conditions.

Tri Ri acknowledges Mr. Ali’s significant contributions to the firm’s success. The decision to transition Mr. Ali reflects the company’s commitment to aligning leadership roles with evolving organizational dynamics.

Tri Ri maintains a steadfast dedication to upholding its esteemed reputation in the financial industry. The leadership transition underscores the firm’s unwavering commitment to optimizing performance and maintaining the trust of its stakeholders.

During this interim period, Adeel Hussain, Senior Portfolio Manager, will assume leadership responsibilities. TRAM assures stakeholders that leadership remains firm and a new Chief Investment Officer will be announced in the coming weeks.

The company extends its best wishes to Mr. Ali as he embarks on this new chapter within Tri Ri’s Venture Fund.

About Tri Ri Asset Management Corp

Tri Ri Asset Management Corp is a concentrated, research-intensive, fundamental value investor in the public markets. Since 2019, Tri Ri has executed an aggressive but disciplined growth strategy, building a balanced portfolio of public market and real estate holdings. As of March 2024, Tri Ri’s portfolio composed of USD 850 million in assets under management along with USD 1.2 billion in Co-investments and 7 renowned properties with over 1500 rooms.

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BEIJING, April 24, 2024 /PRNewswire/ — Chinese President Xi Jinping has reemphasized the need to boost the high-quality development of China’s western region during his inspection in Chongqing Municipality on Monday and Tuesday. He said the western region is of great importance for the whole country’s modernization.

This is the latest move by the Chinese president to promote the country’s regional development. Xi, also general secretary of the CPC Central Committee and chairman of the Central Military Commission, just finished his inspection of central China’s Hunan Province last month. In Hunan, he stressed vigorously energizing the central region and promoting the development of the Yangtze River Economic Belt, aiming to bolster a more balanced regional development.

China’s western area consists of 12 provincial-level regions, covering over 70 percent of the country’s land area and containing 27 percent of China’s population. The western region is well-known for its abundant renewable energy sources such as solar and wind energy, and various underground mineral resources such as rare earth, bauxite, coal and natural gas, which accounts for more than 70 percent of the country’s total reserves.

In March 2019, in a meeting of the CPC central committee for deepening overall reform chaired by Xi, a guideline for advancing the development of the western region in the new era was passed. The guideline puts forward that by 2035, the western region will catch up with the eastern region in the fields of public service, infrastructure connectivity and people’s livelihood. China’s eastern region recorded nearly triple the GDP of the western region in 2023.

Five years on from the passing of this guideline, Xi pointed out that, though the western region has seen significant achievements, it still faces many development challenges. He urged the region to focus on its competitive local industries and accelerate its opening up.

Xi said at the symposium that the 12 provincial-level regions should develop modern manufacturing and strategic emerging industries such as new energy and bio-medicine based on local conditions, and speed up industrial transformation and upgrading. He added that tourism and other service sectors can be developed into the region’s pillar industries.

Xi made it clear that China’s economy is transforming from high-speed to high-quality development, so every region should develop its economy based on its specific conditions and play to its comparative advantages. During his inspection in Chongqing, he visited an international logistics hub, a community in Jiulongpo District, and a digital urban operation and governance center. Local officials introduced the development of the New International Land-Sea Trade Corridor, urban renewal projects and city governance to him.

The trade corridor is a major channel between China’s western region and countries of the Association of Southeast Asian Nations (ASEAN). It reached 490 ports in 120 countries and regions as of January, and saw its cargo volume rise 21 percent year-on-year in 2023, according to the government work report of Chongqing Municipality.

Xi on Tuesday called on the region to accelerate the building of the corridor and better integrate itself with the Belt and Road Initiative (BRI) to promote the opening up of the region. He had previously said that the active participation of China’s western region in the BRI would greatly improve connectivity between China’s eastern and western regions and between China and the outside world.

So far, the connectivity pattern has taken shape in the western region. China’s National Bureau of Statistics (NBS) data shows that a total of 35,000 China–Europe freight trains have been launched from the western region in the past five years, accounting for 50.5 percent of the country’s total. In 2023, the total import-export volume of the western region increased 37 percent compared to 2019.

As the western region is the birthplace of China’s great rivers such as the Yangtze River, Yellow River and Lancang River, and has many rare wild animals, Xi also vowed to safeguard national ecological security.

He stressed accelerating major projects for protecting and restoring ecosystems, boosting the Three-North Shelterbelt Forest Program to counter sandstorms and soil erosion in the northern region, and promoting energy saving and carbon reduction in traditional sectors, as well as the clean and efficient use of coal.

China started to implement the national strategy for the large-scale development of the western region in 2000. As of 2020, the average annual GDP growth of the region reached 10.2 percent, greatly closing the economic gap with other regions. More than 21.3 million hectares of farmland have been converted into forests or grassland, with the forest coverage rate surpassing 19 percent, data from the National Development and Reform Commission shows.

https://news.cgtn.com/news/2024-04-24/5-years-on-Xi-reasserts-China-s-western-region-development-strategy-1t3CJMNHteM/p.html

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