Gaurav Gandhi to Replace Nitesh Kripalani to Head Amazon Prime Video

20 March 2018

Amazon Prime Video is all set to be led by its new leader in a couple of months. The e-commerce major, Amazon has hired Gaurav Gandhi as its new Director and Country Manager (India) for its video streaming service – Prime Video.

Amazon as a commercial company has increased its market share in the country from both urban and rural grounds. Amazon offers have attracted customers to log in to the website and take home good quality products at amazing discounts. With this, Amazon has finally filled the high profile position which was vacant from the past 6 months. Earlier, Nitesh Kripalani was serving at this position but suddenly exited from Amazon in August last year.

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Gaurav Gandhi already made his mark in the industry by serving as Head of video streaming service- Voot, before submitting his resignation papers to Viacom18.

Gandhi, an alumnus of NMIMS Mumbai, has been working in Viacom18 from past 8 years. He had joined the company in 2010 as the Chief Commercial Officer and Head of International Business, where he did a commendable job in taking the franchise globally. In the later years, he was named as the COO of IndiaCast. IndiaCast is a distribution joint venture between TV18 and Viacom 18, and Gandhi again did an impressive job in establishing a strong distribution network for IndiaCast.

In the year 2015, he was given the responsibility of being the COO of Viacom18 Digital Venture. This venture later launched Voacom18’s over-the-top video streaming service, called Voot.

His entry into Amazon is being perceived as an intelligent strategic move by Amazon, as Gandhi was an active contributory in bringing Voot among the top 3 OTT services in India, in terms of both monthly active users and number of hours spent.

Prior to his commendable work at Viacom18, he also led many media companies. He served as Executive Vice President – Business Operations & Content Sales at NDTV Imagine, and as Vice President – Commercial and Business Planning at Star group. He also worked at Turner International India and Madison Communications.

While Voot is more focused on leveraging the content of TV Channels like Colors, VH1 India, MTV India, Nickelodeon India and other channels falling under the flagship of Viacom18 group, Amazon is betting big on its exclusive original content.

Series’ like Inside Edge has worked well on Amazon. Further, a good response is expected from The Remix, Inside Edge 2 and its other products. Both the companies compete with homegrown giants like HotStar and Jio TV, along with international players like Netflix. With this big shift, it will be interesting to see how OTT services scenario changes in India.

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Ariana Smith

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

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Businessman Seyfeddin Rustamov is main beneficial owner of chemical company ‘Metafrax’

The Russian newspaper ‘Kommersant’ recently announced that the 55-year-old businessman Seyfedding Rustamov is the main beneficial owner of Metafrax, one of the largest chemical companies in Russia and Europe. Rustamov, born in Azerbaijan, is now a resident of the US, together with his wife and three children. Since the year 2000, he has been actively involved in the chemical industry. He is the manager of the Russian company MetaHolding, which holds this year 94% of Metafrax’ assets. This makes Rustamov the main shareholder of Metafrax. Metafrax is with multiple companies in both Russia and Europe the largest producer of methanol, formaldehyde and synthetic resins in Russia and Europe. The headquarters of the company are in Gubahka, Perm Region Russia. Seyfeddin Rustamov already became the beneficiary of the chemical plant at the headquarters in Gubahka in 2014. This was made public during a presentation on a large-scale project at Metafrax, which has an estimated cost of around 800 million euros. This large-scale project is the development of an ammonia, urea and melamine plant construction. Right now, the company is still in discussion with banks about the financing of this project. Metafrax has an annual revenue of over 660 million USD (5 billion rubles). Every year, the company receives around 80 million USD from investments. The products of the chemical company are shipped to as much as 50 countries worldwide. The company used to keep its beneficiaries secret from the public. The main shareholders would be represented by the chairman of the board of directors, Armen Garslyan. The company has now presented information on its main beneficial owner to the public, because of changes in legislation. Changing requirements of Russian and international compliance laws now made it necessary for the company to reveal this information. A domain with the name of Seyfeddin Rustamov was registered on ‘Go Daddy’, one of the biggest registrar of domain names, on the 18th of September, 2017. Before MetaHolding became the biggest shareholder of Metafrax, the Cypriot company ‘Lipanet Ltd’ was the main major shareholder of the company. Other shareholders were ‘JSC Sibur’ and the Panama-registered ‘Mirvac’. Armen Garslyan told the Kommersant that Seyfeddin Rustamov, as the main beneficial owner of Metafrax, is involved in the global decision-making process of the company. He called Rustamov a ‘vigorous leader, who knows what we are doing, what our targets are and who accompanies us on our way towards them’. Rustamov is besides chemistry, also taking part in philanthropic activities. He and his family support a number of non-profit foundations in the areas of health preservation, cancer control, and transplantology. The foundations Mr. Rustamov and his wife are involved in including the St. Baldrick’s Foundation, the Inova Health System Foundation and the Susan G Komen Breast Cancer Foundation. Besides charities that have to do with health, they also contribute to charity sports events, the National Museum of Women in the Arts and the John F. Kennedy Center for the Performing Arts in Washington. More details here.

How Restaurant Space Landlords Can Be Successful

If you have a rental company and specialize in restaurant space, you should know there are certain pitfalls you’ll want to avoid. You can also take specific steps to ensure you have the best success opportunity. There is an art to setting up a rental space and coming up with a contract that your tenant will love. We’ll take a few moments to break down your best moves if you want to get tenants for each of your properties that will stay with you year after year. Figure Out Which Restaurants Tenants Stay with You Longest The first rule of restaurant property development is to figure out what works in a particular locale. For instance, you’ll want to think about: What other cuisines have worked in your city Whether there will be any call for that food type in the space you have available This step will require research. Look at your neighborhood and see which cuisines and restaurant types have found prior success. If what the tenant is proposing to you sounds like too much of a departure from what has worked previously, you might give the space to a more promising candidate. Offer a Lower Rate for the First 3-5 Years When a restaurant first starts out will be the most challenging time for them. That’s because: No one knows about them yet They might not have the money for an aggressive marketing campaign You should keep this in mind when you talk to a potential candidate. You might offer them a multiple-year contract, but you can tell them you’ll keep the rate lower for the first 3-5 years. After that, if they catch on, they should have no problem paying more. After five years, a restaurant will either be a neighborhood fixture, or it will fold, and the owner will try their luck elsewhere. Consider Whether the Property is Liquor License-Ready Most restaurants want to serve alcohol because if people order it, it drives up their bills. Dining establishments can also mark up alcohol prices considerably, and people seldom have any problem paying for it. However, getting a liquor license can sometimes be tricky. If you know for a fact that you have a rental property that is liquor license-ready, that will appeal to many potential restaurant candidates. They will be fighting with each other to get that space if they know there’s a license waiting for them. Look into Laundry and Other Nearby Services A restaurant owner or operator will also probably look favorably on a space that has additional amenities nearby or onsite. For instance, if laundry services are in the same building or right next door, they can wash their employee uniforms there. The owner or operator might also look for things like on-site employee parking. They might look for public transportation that drops their employees off right in front of the property. They may like it if the space is right by an expressway for their employees who drive to work. At the same time, if there are diverse properties nearby, that will work in their favor. For instance, if there are office buildings or similar establishments across the street, the workers will probably come over frequently for meals. Provide Restaurant Exclusivity You might also have a restaurant space that’s part of a larger property. If so, you’ll know your restaurant tenant will have to share the space with other entities. They should have no problems with that, except if you let other restaurants move in. It’s not helpful if they have to compete with other food-preparing establishments in the same building. You can promise them exclusivity. You can agree in writing that as long as they are in that space, you will not allow any other restaurants to move in. That should make the owner happy. Consider Lease Flexibility Options You can also make the tough financial market into account. With the pandemic wreaking havoc on the restaurant industry over the past year, you might have some potential tenants who are leery about moving in and committing to a multiple-year lease. You can put language in the contract stipulating that you will not evict them if they can’t pay the rent for one month, or even two, provided they pay within a designated period after that. You can’t let it go forever, but a restaurant owner will like to know that if their sales tank for a few weeks, you will not immediately change the locks on them. Read Also: Online Ordering Systems Setting the Trend for Restaurants 3 Best Seafood Restaurants in Patchogue, New York The Best Restaurants To Visit In Newark NJ 7 Restaurants You Must Experience in Melbourne 6 Tips to Maximize Refrigerator Use in Your Restaurant

Do You Need A Restaurant Consultant to Open A Restaurant?

If you’ve been providing ordinary service to your patrons, don’t expect your restaurant to rise to the top. But if you want to be a well-known establishment at the top of its game, you ought to think about using a restaurant consultant. Those professionals have a wealth of experience and knowledge to assist you in upping your game. They’ll share knowledge about how to enhance a variety of aspects of your restaurant, which includes the design of the restaurant kitchen. Benefits of hiring restaurant consultants- Below we list some benefits you’ll receive once you determine to use the service of restaurant consultants: Restaurant consulting firms have experience Experience is a trait of consultants you may use to your benefit. It’s especially helpful if you’re new to the restaurant consulting. Consulting firms employ experienced consultants with years of industry experience. They’ll give you accessibility to consultants, who’re happy to share that experience with you. In doing so, they may assist you in avoiding major blunders, which have caused other restaurants before you to close their establishments. They know the most recent industry trends These firms, in their consultancy work, have researched a lot about the restaurant industry. They have the ability to know about those changes before the majority of restaurant owners. That’s because their work covers a huge geographical region. If you determine to use the services of these companies, you’ll also have the ability to stay abreast of the most recent industry trends. In turn, you’ll have the ability to quickly adapt and remain ahead of your competitors. They have experience in public relations Public relations are among the most critical parts of operating a restaurant. Occasionally, it isn’t what you serve yet how folks perceive your business. If you work hand-in-hand with a consulting firm, you also will benefit from their close relationships with the media. They also understand how to navigate through unpredictable situations. That way, you’ll have the ability to project a positive image for your establishment, which is important to its success. Experience in menu creation Developing a restaurant menu can be quite the task. Consulting firms can provide you helpful recommendations about how to design a menu for your restaurant. They have a close eye on the restaurant industry. Therefore, they know the dishes that will likely sell. They also have knowledge of the ones that will probably be a waste of money. Over time, it’ll help you save money. Restaurant consulting firms help with employee training Training staff can get very expensive. For example, you must ensure that your team is trained in food safety. Good consultants make sure that your team receives all the skills required to effectively do their jobs. If you have an establishment that has plateaued, it might be time to get in touch with a consultancy business. Their scope of work includes everything that is involved in running a restaurant. Contact one today and see how your luck can change for the better! Read Also: How Restaurant Space Landlords Can Be Successful 3 Best Seafood Restaurants in Patchogue, New York Online Ordering Systems Setting the Trend for Restaurants

Gaurav Gandhi to Replace Nitesh Kripalani to Head Amazon Prime Video

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Ariana Smith

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

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Businessman Seyfeddin Rustamov is main beneficial owner of chemical company ‘Metafrax’

How Restaurant Space Landlords Can Be Successful

Do You Need A Restaurant Consultant to Open A Restaurant?

Gaurav Gandhi to Replace Nitesh Kripalani to Head Amazon Prime Video

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How Can Conveyancing Services Help You?

7 Important Advise for Start-Ups and Entrepreneurs

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I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

Leave a Reply Cancel reply

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Follow Us

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