UST GlobalCEO Krishna Sudheendra named by Glassdooramong Highest RatedChief Executive Officers During the COVID-19 Times
Survey highlights Chief ExecutiveOfficers who have stepped up to the plate to ensure the well-being and success of their employees amid the pandemic
UST Global, a leading digital transformation solutions company,is proud to announce that CEO Krishna Sudheendra has been named to the list of the 25 highest-rated CEOs during the COVID-19 crisis by Glassdoor. The employee reviews website Glassdoorreleased the ranking, which used feedback from employee reviews between March and July 2020.
To create the list, Glassdoor looked at the quality of employee reviews, CEO approval ratings, and how employees talked about their leadership during the pandemic.Krishna Sudheendra, one of 8 tech CEOs featured, received a leadership score of 86% and ranked 18thaccording to the survey.
Glassdoorevaluated employee reviews specifically related to how a leader prioritizes work-life balance, taking care of employees' overall well-being, offering flexible and remote working policies, establishing strong health benefits and maintaining frequent, clear communication.
“I am truly humbled to be among this prestigious list of leaders who are working their bestto navigate the pandemic crisis,” said Krishna Sudheendra, Chief Executive Officer, UST Global. “At UST Global, our focus remains on our people – the ‘USsociates’ who make the company we are proud to be.I am only a representative of them,and this is a true testament to several unsung heroes who live our values every day and are committed to the purpose beyond self. They have worked tirelessly during this pandemic, went beyond the call of duty to take care of our people, our customers, and our community. As we work through these current challenges and look ahead post-COVID, we will continue transparent communication, listening to individual needs, and prioritizing thehealth and safety of employees while ensuring the success of ourclients and their customers.”
UST Global is also the recipient of the Glassdoor Employees' Choice Award, recognizing the company as one of the Glassdoor Top 100 Best Places to Work in 2020.
“We are honored that Krishna has been recognized by Glassdoor and our employees for his outstanding leadership within a year of his role of CEO, working through one of the most difficult times for businesses,” added Paras Chandaria, Executive Chairman, UST Global,“We know this crisis is going to fundamentally change the future of business operations and work. We stand behind Krishna, his leadership and dedication to our people who are working with our clients to transform their enterprises, so we can all come out of this even stronger and more agile.”
Krishna Sudheendra was named CEO of the company in May 2019. With more than 26+ years leading high-growth organizations, Krishna is responsible for growing the business at scale and creating shareholder value for the company. Prior to his appointment as CEO, Krishna served as the President and CFO, handling customer, market expansion, and finance. During his 16 years career at UST Global, he oversaw several transformative deals, mergers, acquisitions, and joint ventures. Krishna holds a bachelor’s degree in accounting and finance from Bangalore University. He is a certified public accountant and a member of the Institute of Chartered Accountants of India.
STARLUX Airlines Deploys IBS Software’s iCargo Platform to Manage All Cargo Business Functions from Launch
STARLUX Airlines, Taiwan’s newest luxury carrier, has deployed IBS Software’s iCargo platform to manage business and operational functions for its entire cargo business. The iCargo management platform was implemented ahead of STARLUX Airlines’ launch in January 2020, which saw maiden flights to Macau, Penang and Da Nang with three A321neo aircraft. Although Covid-19 has significantly impacted flights, STARLUX’s cargo operations have been ramping up quickly during this difficult time.
After a rigorous evaluation process, STARLUX Airlines chose IBS Software’s iCargo SaaS-based cargo platform to provide a single, unified platform for all critical functions. iCargo now manages all aspects of STARLUX’s cargo business, including sales, airline operations, US customs, mail, Unit Load Device, cashiering, claims, cargo and mail revenue accounting, portal services, data warehousing and business intelligence modules.
“We chose the industry-leading iCargo management platform to achieve our goal of providing the best and seamless cargo service to our customers,” said Glenn Chai, CEO, STARLUX Airlines. “So far, iCargo has proved itself to be well worth the investment. It is an advanced digital solution featuring advanced and user-friendly functions. STARLUX is very glad to have made the right choice.”
“We were proud to have been selected as a launch partner for STARLUX Airlines, our first iCargo customer in Taiwan. As a startup airline, STARLUX had strict timelines for implementation and regulatory requirements, and extremely high expectations for the technology and its support of their business model. In IBS Software they found a partner with deep expertise, total commitment to driving business value, and a strong delivery track record. We’re thrilled to welcome STARLUX to the iCargo family and to continue our partnership as the airline continues to thrive,” said Ashok Rajan, Head of Cargo & Logistics Solutions, IBS Software.
STARLUX plans to expand its network with additional A321neo aircraft scheduled for delivery, plus wide-body A350 XWB aircraft. iCargo is fully enabled to support this future growth and continue to empower STARLUX to deliver on its brand promise to customers.
Over the last 24 months demand for iCargo has gained significant momentum around the world, with 18 implementations going live over this period – including eight new customers.0
The virtual B2B travel trade exhibition is the best online gateway to India’s travel markets
As the travel and tourism industry gears up to restart operations globally, Fairfest Media, organisers of India’s leading travel tradeshows TTF, OTM & BLTM, have launched ReCONNECT 2020, a virtual B2B travel trade exhibition that will take place on the 18th of September.ReCONNECT is the most awaited opportunity for the global travel community to rekindle relations with the Indian travel trade and buyers, and reboot their businesses. The virtual event will bring together over 3000+ travel industry professionals in a cutting- edge digital platform for networking in the post-pandemic world.
Mauritius Tourism Promotion Authority and Kenya Tourism Board have joined the event as Premium Partner Countries. Singapore Tourism Board has come onboard as the Feature Country. Frankfurt Tourism, Visit Brussels and Zagreb Tourist Board will also be present as Feature Destinations for the first time. Spain Tourism is the Official Partner of ReCONNECT.
International destinations like Azerbaijan, Belgium, Croatia, Ethiopia, Germany, Japan, Kenya, Madagascar, Maldives, Singapore, Thailand, Zimbabwe and many others will be represented at the event. While helloGTXis the event’s Travel Technology Partner, OneAboveis its DMC Partner.
Amongst Indian destinations, Gujarat Tourism will be present as the Premium Partner State and many others are expected to join. ReCONNECT is supported by the Ministry of Tourism, Govt of India, which is also setting up a virtual booth.
ReCONNECT’s stunning virtual platform allows ease of doing business where destinations can e-meet with their buyers and media to rebuild confidence and re-energise travel. Using the AI-powered Smart Matchmaking tool, sellers can connect with the most relevant buyers for digital networking. Virtual brand promotion, video conferencing and screen sharing are all a part of ReCONNECT. Over 2,000 buyers have registered for the virtual event.
That’s not all. The event’s Conference Programme is bringing together the best minds of travel & tourism experts from India, Asia and beyond for exclusive knowledge sessions. Leaders from Lonely Planet India, SAP Concur, Travelstop, Thomas Cook have already confirmed. Others are expected to join soon.
ReCONNECT has the esteemed support of TAAI, OTOAI, FAITH, ADTOI, MTOA, IATTE, Skal International, GTAA, TOSG, TAAN, VTA, ATAA, TAAS, TAG, TTAUP, HHTDN, EHTTOA, SIGTOA, TTAA and others.
The virtual event is all set to provide the long-awaited restart to the Indian travel trade community and their global partners. Visit the website by clicking here to learn more about ReCONNECT, brought to you by OTM, BLTM and TTF0
Fast-tracking the investment procedures within a 30-day deadline, Kerala Government has cleared 29 industrial projects having an investment of Rs. 3,604.70 crore under the Kerala State Single Window Clearance Board (KSSWCB) in the last four years.
Constituted under the Kerala Industrial Single Window Clearance Boards and Industrial Township Area Development Act, 1999, KSSWCB was originally empowered to give go-ahead to any industrial project with an investment layout of Rs. 15 crore and above within 45 days by facilitating clearances from various Government Departments.
This Act was amended by the Kerala Investment Promotion and Facilitation Act, 2018, which reduced the deadline for giving clearances from 45 to 30 days.
KSSWCB, chaired by the Chief Secretary, has held 12 meetings since June 2016.
“Kerala has considerably improved the Ease of Doing Business, through a string of reform-oriented legislations. These, calibrated with the Government’s policy initiatives, have helped the state attract investments in a range of highly promising sectors”, said Shri S Harikishore IAS, Managing Director, Kerala State Industrial Development Corporation (KSIDC).
The projects that received clearances during the period included expansion of the factory unit for manufacturing tyres of M/s PTL Enterprises Limited ( Rs. 250 crore), construction of 1500-bed multi-Specialty hospital of M/s Believer’s Church Medical College Hospital ( (Rs. 539 crore), expansion of hospital by M/s KIMS Health care Management (Rs. 210 crore), setting up of a commercial project by Prestige Group with cost (Rs. 750 crore) and expansion of hospital by M/s Lakeshore Hospital and Research Centre Limited (Rs. 363.50 crore).
It is envisaged that 34,786 employment opportunities have been created by these projects, which covered sectors such as Healthcare, Hospitality, Food processing, Mining, Manufacturing and Textiles.0
Kerala has bagged the “Top Performer” honour for developing a strong startup ecosystem for the second consecutive year in the annual States’ Startup Ranking 2019, announced by the Government of India on Friday, recognizing the state as a leader across all pillars of startup ecosystem.
While four states were adjudged as the Top performers last year there are only two states to receive the honour this year, neighbouring Karnataka being the other.
The ranking was declared in the presence of Hon’ble Minister of Railways and Commerce and Industry Shri Piyush Goyal; Hon’ble Minister of State (Independent Charge) for Civil Aviation, Housing and Urban Affairs Shri Hardeep Singh Puri; and Hon’ble Minister of State for Commerce and Industry Shri Som Parkash.
The States’ Startup Ranking Framework 2019, prepared by the Department for Promotion of Industry and Internal Trade (DPIIT) of the Ministry of Commerce and Industry, recognized Electronics and Information Technology Department of Government of Kerala as an institutional leader, regulatory change champion, procurement leader, incubation hub, seeding innovation leader, and scaling innovations leader.
Kerala has taken several exemplary initiatives in establishing institutional support for women-led startups, including pre-incubation support, special subsidies and seed funding.
Initiatives like robust venture funding mechanism for startups are being implemented through the Kerala Startup Mission (KSUM), the nodal agency for entrepreneurship development and incubation activities in the state.
It was noted on the occasion that “Kerala and Karnataka have displayed visionary leadership and taken strategic initiatives to strengthen innovative entrepreneurship of the ecosystem . These states have exhibited unwavering commitment to the growth of start-up ecosystem by taking dedicated and focussed initiatives across all pillars of start-ups ranking exercise.”
It also recognised Dr Saji Gopinath, CEO Kerala Startup Mission and Shri Ashok Kurian Panjikaran, Head, Business Development of KSUM, as “Startup Champions of the State.”
Dr Saji Gopinath said : "This recognition for the second consecutive year will encourage more young entrepreneurs to make use of the robust startup ecosystem in the state."
The States’ Startup Ranking Framework 2019 was done across seven specific dimensions: Institutional Support, Easing Compliances, Relaxation in Public Procurement norms, Incubation Support, Seed Funding Support, Venture Funding Support, and Awareness and Outreach.
The key objective of the exercise is capacity building, and to further the spirit of entrepreneurship in the Indian Startup Ecosystem.The ‘State/UT Startup Ranking Framework’ 2019 is spread across seven areas of intervention with a total of 30 action points, as compared to the 38 action points in the Previous Year State Ranking Framework. The framework provides the guidelines to support implementation of action points along with good practices against each action point.
The State Ranking Framework aims to evaluate States/UTs in a balanced and transparent manner and has thus made documentary evidence of compliance on action points by the State/UT Government a pre- requisite for collection of feedback. Scoring was then done on the basis of the feedback received.