July 2018 – CEO Journals

Ronish Baxter – Ban on Cryptocurrency Means a Ban on Digitalization in India

Ronish Baxter, a specialist in cryptocurrency as well as CEO of Suncom Infotech communicated that since India is trying to move towards digitalization, virtual money or cryptocurrency can really encourage India’s digitalization want. They are definitely not hard to execute, steady and hold no covered cost or accuses when differentiated of banks or other money trades.

ronish baxter, cryptocurrency — Cryptocurrency Ban in India

On April 6, 2018 the Reserve Bank of India (RBI) turned out with a declaration to all components under its area that they in a flash quit offering organizations to associations or individuals related to digital currencies. The notice has been tried in the Supreme Court alongside a couple of various petitions been archived at different high courts and the outcome is depended upon to proceed July 20 once the Supreme Court proceeds after its get-away..

Cryptocurrencies can Change the Scenario

Speaking about the importance of cryptocurrencies, Ronish Baxter said, “What’s the thing that comes to mind instantly when we talk about digitalization? Of course, mobile phone connectivity, Aadhaar, Jan-Dhan accounts, etc. but how many of us think of crypto currency? Only a few maybe, but with growing popularity of this virtual currency, people in India are also slowly getting to know cryptocurrencies. It’s presently one of the most secure and independent exchange forms to trade and transact with.

Transactions at Low Cost

ronish baxter The best thing about cryptocurrency is that, transactions can be done from anywhere almost instantaneously. Also, transactions can be carried out at a fraction of a unit, which means that for sending money to anywhere across the globe, it would no more be a burden on the pocket.

Secure and Safe

ronish baxter It is a de-centralized model where data can be accessed from different computers. Thus, even if a single record is meddled with, it wouldn’t go un-noticed since the blocks are interconnected. This additionally means that, all the blocks need to be changed to get away with the crime. Whenever, a record is manipulated, its digital signature becomes void and users are immediately notified.

Cryptocurrencies are Far Reaching

Not bound by any boundaries, cryptocurrencies are surely global. This means, easy transactions and secondly, absence of 3rd party dispels any threat of an account being blocked in case, it is being misused. The owner of a cryptocurrency holds its private key and a 3rd party cannot take money away unless the private key is been lost.

ronish baxter, blockchain — Blockchain Technology

Blockchain technology most effectively running over the new payment solutions like bitcoin will revolutionize the world. It has been suggested in the beginning there will always be people who will try to misuse it, however technology has always been and continue to be a double edged sword, it depends on us and the Indian government how to strike the right balance.

Shobhan Mittal – Greenply Industries to list demerged entity Greenpanel

Shobhan Mittal, CEO & JMD, Greenply Industries says, “We have decided to demerge the two business verticals into separate legal entities and the MDF division will demerge into a new listed entity subject to all approvals and statutory regulations and we are hoping that by the end of this (fiscal) year, this will be a separate legal entity and form into Greenpanel Industries.”

The Greenply Company, which closed last financial year with a turnover of ₹1,655 crore, has spun off the MDF business Greenpanel Industries into a separate business unit.

Greenply Industries is primarily into the manufacture of wood-based panels, with two divisions, plywood manufacture and MDF. The company has four manufacturing locations of plywood and one manufacturing location of MDF. The MDF unit is integrated with the plywood manufacturing unit in Rudrapur, Uttarakhand. Apart from these, a new ₹800-crore manufacturing plant for MDF located near Tirupati in Andhra Pradesh has begun commercial production.

Shobhan Mittal Biography

Greenply Industries, a leading manufacturer of plywood, is likely to see the demerged MDF business listing in the fourth quarter of this fiscal.

The company expects a gradual shift towards the use of MDF (medium density fibreboard) in the country.

Pursuant to the scheme, all shareholders of the demerged company as on the record date will receive equity shares in the resulting company (Greenpanel Industries Limited), Greenply had said in a notice to the stock exchanges in May. “It will give such shareholders of the demerged company (Greenply Industries) the ability to continue to remain invested in both or either of the companies, giving them greater flexibility in managing and/or dealing with their investments,” the notice further added.

Largest Wood Panel Unit in India:

“We launched the Greenpanel brand about two months ago and the entire MDF business will operate under this; this includes the new plant at Srikalahasti. This will be the largest wood panel manufacturing brand in the country in terms of volume and will have close to 2,200 cubic metres of capacity per day,” Shobhan Mittal said.

MDF is growing at a rapid pace in India and most plants are located in North India. While the demand is high in the South, it is dependent on imports. “Our plant, set up on a 200-acre plot, will be able to capture this market,” he said.

Shobhan Mittal says,“With the MDF plant, we will become a strong contender for supplying to IKEA.”

Globally 80 per cent of wood panels consumed are between MDF and particle board; plywood accounts for only 15-20 per cent. In India, it is vice-versa. This is expected to change in favour of MDF, which is cheaper.

“Between the two plants at Uttarakhand and Andhra Pradesh, we are looking at a business of ₹1,500-1,600 crore by FY 2021, when we reach full capacity,” he explained.

Thomas Schumacher – President & Producer, Walt Disney

Thomas Schumacher was born in 1958 and studied theatre at UCLA. In November 2012, Schumacher married his longtime partner, interior designer Matthew White.

Thomas Schumacher is a theatrical producer, currently president of Disney Theatrical Group, the theatrical production arm of The Walt Disney Company, culminated in a version of the tune with lyrics rewritten by Broadway regular and former DTP staffer Rick Elice (“Jersey Boys,” “Peter and the Starcatcher”), and performed by four genies, an Aladdin, a Mary Poppins and a dozen alumni of TDF’s Open Doors program. Opening lyric: “Tom has shown me the world…”

Since 1988, Thomas Schumacher has worked with The Walt Disney Company setting new standards of excellence in film, television and theatre. Currently, he serves as President of Disney Theatrical Group where he oversees the development, creation and execution of all Disney live entertainment around the globe including Broadway, touring and licensed productions, as well as Disney on Ice and Disney Live! Shows produced in partnership with Feld Entertainment. His Broadway, West End, touring and international production credits include Beauty and the Beast, King David, The Lion King, Der Glockner von Notre Dame, Elton John and Tim Rice’s Aida, On the Record, High School Musical, TARZAN, Mary Poppins and The Little Mermaid along with several new projects currently in development. Disney Theatrical Group has an unprecedented global reach with over 15 Disney produced and licensed productions performing daily around the world. Intensely passionate about theatre from an early age, Schumacher recognized the impact that theatre has on the lives of young people and developed a licensing program with Music Theatre International to make select Disney theatrical titles available for performance in schools and amateur theatres throughout the world.

Thomas Schumacher career at Disney began in Walt Disney Feature Animation producing the animated classic The Rescuers Down Under. He was ultimately named President and oversaw some 21 animated features including The Lion King, The Nightmare before Christmas, Pocahontas, The Hunchback of Notre Dame, Mulan, Tarzan, and Lilo & Stitch, as well as working closely with Pixar on their first five films. Prior to joining Disney, he was associate director of the 1987 Los Angeles Festival of Arts, presenting the American premiere of Cirque du Soleil and the English-language premiere of Peter Brook’s The Mahabharata. Previously, he spent five years on staff at the Mark Taper Forum, served as a line producer on the 1984 Olympic Arts Festival, and served as assistant general manager of the Los Angeles Ballet. Mr. Schumacher is the author of the book how does the Show Go On? An Introduction to the Theater as well as a member of the Board of Trustees for Broadway Cares/Equity Fights AIDS, the Tony Administration Committee and the Advisory Committee of the American Theatre Wing. He is mentor for the TDF Open Doors program and serves as an adjunct professor at Columbia University.

A Basic Overview of Cryptosystem and its types by Ronish Baxter

My name is Ronish Baxter and I am a cryptosystem expert working with CST Solutions Private Limited and CEO of Suncom Infotech. I have been part of this job for quite a few years now and it all started with my interest towards this subject from a very young age. I have always been a tech aficionado and subjects like these are my favorite. After passing college, I started self-studying about cryptosystem and eventually with the help of some friends who already had a big grasp of the subject I came to understand and started working on it. Here I will discuss about cryptosystem and its different types. Continue reading “A Basic Overview of Cryptosystem and its types by Ronish Baxter”