Category Archives: Business & Economy

When art form emerges from plain wood …

WoodBF05may2013

The exquisite and intricate artwork of wood inlay is no new thing to the city of Mysore. An art form renowned as Mysore Inlay and existent in the city since ages now, such is its beauty that it was once encouraged by the royals of Mysore in a big way.

This encouragement and demand for a work so dexterous inspired many, as a result of which, the count of wood inlay artists in the city only began to grow.

And one such artist from Mysore for whom the art of inlaying has become a way of life is Florence Ruth. Aged 37 and indulged in the artistry ever since she was a child, ask her what made her take to the wood inlay work and she humbly gushes, “I had to naturally take to it as I grew up watching the members of my family work on the same. As I ended up scoring less marks in my Pre-University, I had no option but to get into the artistry. However, I slowly started working it on a regular basis and today I am all into it and it has become a way of life for me.”

Wood Inlay work is a method of etching figurines in woods of different hues and embedding them in a rosewood frame to give it a final touch. “Each art piece that we create reflects a story. And accordingly, we select the wooden pieces of the right colour to etch the figurines and finally embed them all in the rosewood frame.” But this is no easy job she adds. “Äs we do not use any paint to add colour to the figures in the story, we will have to select woods of various hues and match them accordingly. But all thanks to nature, we have woods available in all the beautiful colours we require.”

What adds to the beauty of it all is that it continues to be a popular art form in practice in Mysore city even to this day. “There are thousands of inlay artists in the city,” says Florence, “and there are people who continue to produce the art pieces as beautifully as it was done ages ago, all thanks to the artists to whom the artistry has been passed on by their ancestors. So we need not really fear that the art form would fade away in city one day. But we artists of the present generation should continue working and ensure that the artistry is passed on to our next generation.”

And to ensure that she does her duty. Florence Ruth has been currently training a bunch of enthusiasts in the Indira Gandhi Rashtriya Manav Sangrahalaya (IGRMS) premises on Irwin Road in the city since a week now. What’s more, to promote wood inlay work, the lady has also toured across the nation; Courtesy: encouragement from IGRMS, to promote the art form.

“I have been to Bhopal, Kerala, Ooty and a few other places in India. And I feel happy that the institute thrives to promote not just the art but also small time artisans like me,” she says. The ongoing training programme at IGRMS ends on Sunday. [IGRMS may be contacted on Ph: 2448231.]

source: http://www.starofmysore.com / Star of Mysore / Home> Feature Articles / by Ambika Nagaraj / May 30th, 2013

Australian delegate finds business potential in Edn. & Tourism in city

MCCI President Sudhakar Shetty, Austrade delegate K.N. Roopa and MCCI Hon. Secretary M.C. Bhansali during an interaction today.
MCCI President Sudhakar Shetty, Austrade delegate K.N. Roopa and MCCI Hon. Secretary M.C. Bhansali during an interaction today.

Mysore :

The Business Development Manager from the Australian Trade Commission (Austrade) office at Bangalore, K.N. Roopa, who is in city for business-exploration, seemed to be highly impressed with the potential for education and tourism sectors in the city.

Speaking at the round-table meeting of the members of Mysore Chamber of Commerce and Industry (MCCI) and key companies, organised by MCCI at their office on Devaraj Urs road this morning, Roopa said that there was ample potential for business development and exchange in the fields of education and tourism in Mysore and emphasised on the need for an eco-system between the two countries.

She also invited a delegation of industrialists to Australia for a guided business exploration in the continent and said that the Austrade will help in skill development and R&D in the industrial sector.

MCCI President Sudhakar Shetty, delivering the keynote address, said that Australia is not only an advanced nation but also the happiest nation in the world as the education system there emphasises on skill development from the school level itself. Many of our industries have suffered because of the lack of skilled labour, he opined.

MCCI Past President and FICCI member R. Krishna also spoke on the occasion.

MCCI Secretary M.P. Bhansali welcomed the guests and Vice-President A. Satish proposed a vote of thanks.

source: http://www.starofmysore.com / Star of Mysore / Home> General News / May 30th, 2013

Bangalore records highest number of residential launches

Developers across the country launched an estimated 38,000 residential units in the first quarter of 2013, an almost 2% decline from the previous quarter due to factors such as sufficient availability of stock, subdued demand and delays in regulatory approvals in certain markets.

Bangalore saw the highest number of launches in the first quarter at 11,622 units contributing close to 31% of the overall new supply in the top eight cities followed by NCR that saw 7,603 units being launched and Mumbai with 7,226 units, according to a new report by global real estate consultancy, Cushman & Wakefield.

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The NCR market saw a 40% decline in new launches over the last quarter. While Gurgaon accounted for 66% of the new launches, Noida saw only 34% launches — a decline of close to 70% due to subdued demand. This was also the main reason for the overall decline in the number of launches in Delhi NCR. Close to 80% units launched were in the mid-range segment, the report said.

Both Bangalore and Pune witnessed the highest number of unit launches (almost double) in the first quarter at 144% and 109% respectively. Hyderabad witnessed close to a 90% decline.

source: http://www.hindustantimes.com / Hindustan Times / Home> focus business> real estate / by Vandana Ramnani, Hindustan Times / New Delhi – May 24th, 2013

Karnataka’s popular Mavalli Tiffin Rooms to open first restaurant in Singapore

Bangalore, (ANI) :

Decades ago, elderly Bangaloreans used to take their morning walk around the Lal Bagh Fort, and at the end of it, visit the Mavalli Tiffin Room, known more popularly as MTR, for their breakfast. On some days, the Tiffin Room used to be full and one had to wait in a queue.

One could see persons belonging to the rich, middle and lower middle class waiting in the queue, waiting for their turn. There were no reserved tables. Till the end of the last century, Bangalore used to be a ‘fanless’ city, leave alone air-conditioning.

A good breakfast, for a Bangalorean, cost hardly a couple of rupees. It used to be rounded off with a warm glass of coffee.

The demand for MTR cuisine became so pressing that it had to prepare packed ingredients at their ‘factory’ near Bangalore. The packed food became a major attraction following the ‘research’ done by the Defence Research Laboratory in Bangalore in the sixties to ensure that the Indian soldier serving in far-flung posts along the northern border could have healthy food.

When MTR could prepare more food that was demanded by the armed forces, it decided to market the same in retail across India. Today, you can buy from the shelf, the ingredients for ‘Idli, Upma, Sambhar, Vada, Gulab Jamun and Kheer, to name only a few.

While other Tiffin chains, like the Woodlands, Dasaprakash, Udupi Hotels, the Sagar Ratna, Naivedyam, Ananda Bhavan and Sarvana Bhavan, to name a few, opened their branches all over India and abroad, the MTR did not. It is news now that the chain is opening a branch of the MTR Tiffin room in Singapore of all places.

Indian food consists of a wide variety of regional cuisines native to India, and given the range of diversity in soil type, climate and occupations, these cuisines vary significantly from each other and use locally available spices, herbs, vegetables and fruits.

Indian food is heavily influenced by religious and cultural choices, and the cuisine is popular not only among the large Indian diaspora, but also among the mainstream population of North America and Europe.

Apart from Europe and North America, Indian cuisine is also popular in South East Asia, because of its strong historical influence on the region’s local cuisines.

Indian cuisine has had considerable influence on Malaysian cooking styles and also enjoys strong popularity in Singapore.

It, therefore, comes as no surprise that Karnataka-based Mavalli Tiffin Rooms, known more popularly as MTR, which has been serving authentic South Indian food, is opening its first restaurant in Singapore on May 26.

India’s High Commissioner to Singapore, T.C. A.Raghavan, will be the chief guest at the opening ceremony of the restaurant  that is located at 438, Serangoon Road, opposite the Sri Sininivasaperumal Temple.

Mavalli Tiffin Rooms (MTR) was started in 1924. It was set up near Lalbagh Fort, Bangalore, by two brothers-Yajnanarayana Maiya and Ganappaya Maiya, who came down from from a place called Parampalli, near Udupi, Karnataka.

In 1936, Ganappaya Maiya decided to go back to Parampalli and Yajnanarayana Maiya assumed full charge of the restaurant .

It was originally called ‘Brahmin’s Coffee House’, but the name was changed when it was shifted to a bigger premises in 1960.

In 1950, Yajnanarayana undertook a European tour to see for himself how restaurants in other parts of the world functioned.

The cleanliness and hygiene there opened his eyes. He resolved that MTR would adhere to the same standard of cleanliness.

He distributed small booklets on health, proper eating habits and recipes. He introduced the system of opening up of the kitchen to the scrutiny of any customer who was interested.

In 1968, Yajnanarayana Maiya passed away and the restaurant was taken over by his nephew, Harishchandra Maiya.

1n 1976, at the height of the Emergency in India, the government called five of the most well known restaurants in Bangalore, including MTR, and told them that they had to reduce the prices of food at their restaurants according to government approved rates, to bring it within the reach of the common man.

The prices of the items were to be the same in all restaurants. Some restaurants paid up, others started compromising on the quality, but MTR did neither.

It kept the quality of the food as high as ever and put up a board stating the losses for the day outside the restaurant.

This practice continued for 16 days, and on the 16th day, MTR downed its shutters, and opened a small departmental store next to the hotel, from where it sold mixes for rava idli and other items.

The restaurant opened again after the emergency was lifted.

The food safety and quality assurance policies of MTR are their commitment to excellence.

Raw ingredients are selected after a careful process of quality checks and satisfying various food science attributes before the processing begins in their kitchen.

The preparation of food in MTR’s kitchens is based on traditional recipes complimented with food technology principles to blend old world charm of traditional Indian food with swift processing and consistent taste.

With the storage and supply chain dynamically based on “KAIZEN” principles, the following are the USPs of MTR – finest ingredients; all food freshly prepared; no preservatives added; no mono-sodium glutanate (MSG) and no use of eggs or reused oil. (ANI)

source: http://www.newstrackindia.com / News Track India / Home> Society / by ANI / Bangalore  – Thursday, May 23rd, 2013

Dharwad district tops State in utilising MGNREGS grants

The district tops Karnataka in utilisation of funds released by the Union government under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).

Several development projects have been implemented across the district, utilising all the money released for the financial year 2012-13, under the Scheme. Udupi is at the bottom of the list by making use of only 15.5 per cent of the funds – the least utilisation.

“The Centre releases grants according to the demands of the district. Dharwad Zilla Panchayat was the first one to prepare the action plan and  submit it to the implementing officers. Early release of grants ensured complete use of the money,” said Zilla Panchayat Chief Executive Officer, A P Meghannavar.

Last year, Rs 63 crore was allotted under the MGNREGS for the district. This time, a proposal for Rs 80.90 crore has been submitted, he said.

The Zilla Panchayat and Gummagola Gram Panchayat of the Navalagund taluk in the district have been bagging several awards from the Department of Panchayat Raj and Rural Development for successful implementation of the job scheme. This also played an important role in Union and State governments according priority to the district. Thus, Dharwad was among the seven districts selected for the pilot project of ‘e-FMS,’ an initiative for online payment of MGNREGS wages.

“Payments were delayed during the initial stages on account of the non co-operation from banks. However, the situation has improved now and wages are being deposited in the bank accounts online within 15 days as per rules,” Meghannavar said.

However, there have also been complaints of “improper” implementation of the scheme in some parts of the district. Social activist Sharada Dabade alleged that many with job cards had been denied job in Mukkal village of Kalghatagi taluk.

“Earthmovers are being used to desilt tanks while the rules stipulate that manual labour should be deployed for the purpose,”Dabade said.

source: http://www.deccanherald.com / Deccan Herald / DHNS – Dharwad, May 17th, 2013

BMTC goes green, will try out battery-powered buses in July

The buses are cost-efficient, like other battery-powered vehicles | EPS
The buses are cost-efficient, like other battery-powered vehicles | EPS

Come July and BMTC commuters from Shantinagar depot can look forward to travelling in Bangalore’s first battery-powered bus.

With rising fuel costs and increasing pollution, the BMTC is getting into an agreement with a private company, Utopia Automation and Control, for a three-month field trial of the bus, named K-9. If K-9, which costs an estimated `2 crore after a 40 per cent subsidy, can handle Bangalore’s speed breakers and pot-holes, the BMTC will work out the purchase details.

“Our buses, on an average, travel about 220 kms across the city. If the bus cannot meet this requirement, commuters could be stranded and we want to avoid this,” BMTC managing director Anjum Parvez told Express.

Currently operational in China and manufactured by BYD Auto Co Ltd, the K-9 is said to be able to travel up to 250 km after charging the battery for about 3-6 hours. It is air-conditioned and has a seating capacity of 33+1, and can reach speeds of up to 90 km per hour.

“In three months, we hope to get an idea about the quality of the bus, its capability to cope with the traffic and whether the operational cost of the bus is worth the investment,” said Parvez.

With over 5,000 K-9 buses plying in countries such as Australia, the Netherlands and the USA, Vishwas Shetty, director, Utopia Automation and Control, is confident that their buses will pass Bangalore’s test.

“We had to make a couple of changes to the bus to ensure that it was able to operate on Indian roads — for instance the ground clearance had to be increased to comfortably go over speed-breakers. Before the bus is brought to India, it has to be cleared by the Automobile Research Institute of India. This usually takes about two months. But the tests should be cleared by the end of May,” he said.

Shetty said a complete charge of the bus requires about 400kW of electricity. “A readymade kit is available, which will be installed at the Shantinagar depot. It takes about two days,” he said.

Shetty said the buses are cost-efficient, like other battery-powered vehicles. “Operation costs are very low — about  Rs 4 per km. For a Volvo A/C bus, this is `18 per km. Apart from charging the bus and changing tyres, there are hardly any other maintenance costs. It does not even require oil,” he points out.

source: http://www.newindianexpress.com / The New Indian Express / Home> Cities> Bangalore / by Merlin Francis – Bangalore / March 16th, 2013

Easy summer style

Socialites Aparna and Keerthana. Kunal and choreographer Sheetal Sharma at the fashion show | EPS
Socialites Aparna and Keerthana. Kunal and choreographer Sheetal Sharma at the fashion show | EPS

While the city takes in the weather — warm days, cool evenings, fashion conscious Bangaloreans were treated to a fashion show themed on clothing styles fit for the season.

Hosted by a retail brand for clothing for men and women, the event showcased its new summer/spring edition for women.

Top models like Pashmeena Baker and Jackie Shetty sashyed down the ramp in contemporary dresses matched with bags. The show was choreographed by Sheetal Sharma.

Looking for fashion pointers at the show, one came up with a colour palette that comprised essentially black and white, with some shades of peach and blue thrown in.

Sticking to comfortable cuts, the dresses focussed on being suitable for any occasion.“The fits are fantastic, the detailing perfect and the fabric was fabulous – the designers got it spot on,” said Sharma of the range displayed.

“I have been part of many fashion shows but this time I noticed that the garments were perfect for the models and made them look very pretty.

Also, the accessories — the bags and belts — went perfectly with the ensembles.”

Bangalore certainly likes to keep in style for the turn-out included socialites the likes of Aparna Suri, Mariam Baig, Sarah Khan, Sarita Mandoth, Amrita Gokani, Keertana Sundarmurthy, Deepa Masand and Shruta Keerthi.

For those who weren’t too keen on the clothes, DJ Sasha’s kept the party moving with his music.

source: http://www.newindianexpress.com / The New Indian Express / Home> Cities> Bangalore / by Harshitha Ashok – Bangalore / May 13th, 2013

A bedazzling collection for this Akshaya Tritiya

Models at the fashion show | EPS
Models at the fashion show | EPS

A popular retail store launched their latest jewellery inspired saree —  Bedazzled Collection  which was specially designed by mother-daughter designer duo Chandra Rajendran and Neeta for the auspicious occasion of Akshaya Tritiya.

The collection was launched in the city recently and featured Bangalore’s leading models as they walked the ramp displaying the exquisite creations. The occasion also showcased stunning gold jewellery by Amarapali. The collection is an embodiment of elegance featuring a variety of exclusive, creative and beautiful designs.

For a city that never misses its fashion dose, this one too was attended by connoisseurs of the fashion community.

The exclusive range of designer sarees featured motifs inspired by timeless Indian gold ornaments and bespoke heirloom pieces. The collection captured the nuances and design details of Indian jewellery hand crafted by master-craftsmen into motifs that adorned hand-woven Kanchivaram silk, as hand block printing detailing translated on luxurious pure silks.

These  also was recreation of the ornament using kundan embroidery.

For a formal occasion, the collection features handcrafted Kanchivaram silks in brilliant colour tones embellished with pure Resham / silk thread dipped in liquid silver and gold to create exquisite motifs inspired by jhumkas, maangtikas, earrings and malas.

Designers Chandra and Neeta have translated the designs into unique concepts like half ‘n’ half, shoulder design, party pallu, rising and many more transforming the timeless Kanchivaram into contemporary master pieces.

On the other hand, for casual occasions, the collection exhibits an array of light Tussar silk, silk Kota, flowing Chiffon silk sarees in brilliant green, pink, blue, black and off-white. These sarees also featured elegant jewellery inspired motifs that made use of hand block prints.

source:  http://www.newindianexpress.com / The New Indian Express / Home> Cities> Bangalore / by Express Features – Bangalore / May 06th, 2013

Bangalore: Old township, all dressed up and shipshape

 Straddling the highway to Hyderabad, the birthplace of Kempe Gowda is now among the fastest growing localities in the city.

The brick kiln which was once a famous landmark in Yelahanka, is surrounded by apartments today. The brick tower is retained as a unique landmark.
The brick kiln which was once a famous landmark in Yelahanka, is surrounded by apartments today. The brick tower is retained as a unique landmark.

Thanks to the construction of Bangalore International Airport near Devanahalli and the housing boom along the Bangalore-Hyderabad highway, areas that are part of the Yelahanka constituency are among the favoured destinations for both aspiring home owners and commercial establishments.

Realtor hyperactivity in the area which is part of Bangalore’s history, has pushed up prices of land to crores of rupees an acre. Areas such as Sahakarnagar and Judicial Layout are homes to the middle-to-upper income group.

Buzzing with activity today, Yelahanka was one of the oldest townships in Karnataka and was part of Vijayanagara empire. Legend has it that Kempe Gowda, the founder of Bangalore, was born in Yelahanka and was a feudatory of the area during the reign of Krishna Devaraya of Vijayanagar empire.

Till a decade ago, Yelahanka was primarily home to farmers, but its profile has changed a lot with construction of Bangalore International Airport. It had 2.25 lakh voters in 2008 elections. Now, 16,817 eligible voters have enrolled their names.

Yelahanka has a number of lakes to its advantage, the most prominent being the Yelahanka lake. Yelahanka Satellite Town is considered as the best maintained residential areas in Bangalore. By many accounts, the area has the most number of parks in the city. The major roads connecting Yelahanka with the city are Bellary Road, Doddaballapur Road and Yeshwanthpur Road. It houses major security establishments such as the Air Force and BSF stations, and industrial units such as Rail Wheel Factory, Astra Zeneca Pharmaceuticals, Gogo International, Federal-Mogul Goetze (India) Limited, Ranflex India Pvt. Ltd. and Hobel Flexibles.

Some of the educational institutions such as the Nitte Meenakshi Institute of Technology, Sir M Visvesvaraya Institute of Technology, BMS Institute of Technology, Seshadripuram College, Reva Engineering College, Ryan International School, Delhi Public School, Poorna Prajna School, Srishti School of Art Design and Technology, NMIT and medical colleges Infant Jesus College of Nursing, SB College of Nursing are in this area.

Yelahanka Old Town is a home for thousands of powerloom weavers  from Andhra Pradesh. With more than 18,000 votes, they are expected to play a key role in the election.
As for candidates, SR Vishwanath, the sitting MLA,  is seeking re-election on a BJP ticket. Gopalakrishna is the Congress candidate and Chandrappa is trying his luck on a JD(S) ticket. The constituency has four BBMP wards – Kempe Gowda, Chowdeswari, Atturu and Yelahanka Satellite Town. All these wards are represented by BJP corporators.

Despite corruption allegations, Vishwanath of BJP is confident of winning election. He cites development works taken up during the last five years as the reason for him to be bullish about the success in the election. “I did a lot for this constituency. I want to do more if they elect me in this election again,’’ said Vishwanath.

source: http://www.dnaindia.com / DNA / Home> Bangalore> Report / by Y. Maheswara Reddy / Place:Bangalore, Agency:DNA / Thursday – May 03rd, 2013

Biocon to launch psoriasis drug novel biologic in July

New Delhi  :

Biotechnology major Biocon  plans to launch in July its novel biologic drug Itolizumab branded as ‘Alzumab’ to be used for the treatment of chronic plaque  psoriasis  in the country.

“We plan to launch  Alzumab  (Itolizumab) in July this year in the country. It is a novel, first-in-class biologic for the treatment of psoriasis,” Biocon Chairman and Managing Director Kiran Mazumdar- Shaw  told agencies in an interview.

It will be manufactured at the company’s Biopharma manufacturing facility at Biocon Park in Bangalore, she added.

Psoriasis is an inflammatory auto-immune skin disease that follows a typical relapsing and remitting course with the disease affecting two to three per cent of the total population in the country.

“The market for such a drug is huge in India as the disease affects quite a number of people,” she added.

The global market for psoriasis treatments is estimated to cross USD 8 billion by 2016, Biocon said.

The company had received marketing authorisation for Itolizumab from the  Drugs Controller General  of India (DCGI) in January, 2013.

“We also plan to extend the clinical development of the drug for other auto-immune diseases like rheumatoid arthritis , multiple sclerosis and vitiligo in future,” Mazumdar-Shaw said.

The company has also completed a pre-IND (Investigational New Drug) meeting for Itolizumab with the  US Food and Drug Administration  as it plans for a global clinical development of the new medicine.

This is company’s second novel biologic developed in India. BioMab EGFR, an anti-cancer monoclonal antibody being the first.

source: http://www.articles.economictimes.indiatimes.com / The Economic Times / Home> News> News By Industry> Healthcare/Biotech / by PTI / April 28th, 2013