Category Archives: Business & Economy

APFDC earns highest-ever revenue from pepper auction

PepperHF19may2014

Vietnam model of cultivating it as mono-crop mooted

Auction of black pepper grown in Visakhapatnam and East Godavari by the AP Forest Development Corporation has fetched Rs.2.66 crore.

High in demand all over the world, particularly in Western and European countries, black pepper is known as an important ingredient to enhance the taste quotient of several delicacies — be it vegetarian or non-vegetarian. It is also recognised for its medicinal value in the treatment of Alzheimer’s disease, diarrhoea, and respiratory ailments.

During the auctions conducted at a function hall in MVP Colony here on Friday in the presence of APFDC Vice-Chairman-cum-Managing Director Rajesh Mittal, the response from the bidders was very good.

“Auction of 36.24 tonne brought us revenue of Rs.2.66 crore this time, the highest ever so far,” APFDC General Manager A.N. Gurumurthy told The Hindu on Saturday. During last year, the corporation earned Rs.47.33 lakh by auctioning 15.36 tonne.

Pepper is grown at high altitude in several parts of Visakhapatnam and East Godavari districts as an inter-crop in coffee plantations. Tribal people involved in coffee plantations by the Coffee Board also produce pepper.

Pepper plants are creepers hanging from silver oak and other shade-giving trees in the coffee plantations of Anantagiri, Araku, and other valleys of the Eastern Ghats. They also attract several people interested in ecotourism.

While the APFDC is growing pepper in coffee plantations raised in 10,000 acres, the Coffee Board produces pepper as inter-crop in coffee taken up in 55,000 hectare. The APFDC and the Coffee Board have been getting awards at the highest level for raising fine flavour coffee, bringing international recognition to locally produced coffee.

Experts say that pepper potential in the lush-green jungles of the Eastern Ghats could be explored better by raising coffee in more area and promoting pepper under the shade of coffee plants.

Some moot that pepper production could be raised by following the Vietnam model of cultivating it as a mono-crop in large stretches of high-altitude hilly terrains by planting it on wooden poles or concrete pillars without disturbing the eco-system. Vietnam is one of the leading pepper exporters.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Visakhapatnam / by Santosh Patnaik / Visakhapatnam – May 11th, 2014

Wife, mother, home-maker, businesswoman

Sunitha Rao (below) sells a collection of custom designed sarees and dress materials to her friends and and extended customer base sitting right at home. She represents a growing a number of home makers who have found financial viability and independence through their enterprising business | Neeraj Murali
Sunitha Rao (below) sells a collection of custom designed sarees and dress materials to her friends and and extended customer base sitting right at home. She represents a growing a number of home makers who have found financial viability and independence through their enterprising business | Neeraj Murali

Hyderabad :

Sunitha Y invested in an apparel business after quitting her job as a soft skill trainer. It seemed like the better option considering that she had to take care of her children and also have a source of income. Now, though it’s only been five months, it sure is fetching her quite the reward.

“I have a flair for good clothes and eye for good fabric. I used to be the one who selected clothes for my friends and others around. So I decided to try this out,” she says of her business plunge.

Apart from looking at it as a source of income, she also felt that she needed a meaningful avocation. She has a circle of friends and the word is fast spreading. Her clientele mostly includes middle and upper-middle class people who buy sarees and dress materials that she sources from a few weavers in bulk.

Housewives like Sunitha Y, who have chosen alternative ways to source income have been exploring such business ideas. Eventually, the venture doesn’t get limited to just financial independence, but becomes a way to grow in many aspects — in confidence, in creativity and in personality.

Another housewife began a similar kind of business, six years ago. But the clothes she stocks were different. “I source from the local markets here and I have dress materials, sarees, kurtis and leggings. People who buy from me are generally college students, house wives and working women,” she informs. She clearly has a taste for good clothes as most of her clients come back for more of her unique picks. Her customer list is more that 200.

When the options for shopping are aplenty – from designer wear to handlooms, one might wonder what pushes these clients to come back to the friendly housewife.

These homegrown entrepreneurs says its the option of paying on an instalment basis.

“For someone, a silk saree worth `15,000 may seem like a lot. But I give them the option to pay the amount over eight months. That way, the customer is satisfied and not stretched thin,” says Sunitha Rao, another such entrepreneur who has varied collection of sarees and dress materials that are sourced from Banaras and Calcutta. A relatively old hand in the business, she started the venture in 2002 and still has customers from then.

“They like the way I play with colours. My knowledge of what colour looks good in what material helps customers choose well,” she shares. She also customises designs to the likes of people. “That is my USP,” she adds.

Having designed for film actors in the movies Happy Days and Godavari, her creations are liked by as many as 300 or more people whom she recalls are her regular customers. “There were some financial differences and hence I stopped designing or sourcing for films,” she says of her brief movie sojourn.

Given the rather domestic setting of their businesses, for all these women, word-of-mouth has been the reason for expansion.

Some did take the initiative to also go to schools and offices to build their customer base, while for others, their husband’s circle worked just as well. Like for Sunitha Rao. She also uses the power of the internet these days.

“I send pictures of new stock and designs to customers, mostly in the USA, through Facebook and WhatsApp. They ask for customisations and then the merchandise is shipped off,” she says. Payments are also done online to simplify matters.

As for Sunitha Y, she is still in the process of developing her circle. Selling on an instalment basis is something she thinks could be a lucrative option in the long run.

At the end, these enterprises are a win-win for both the entrepreneurs and customers. Relatively cheaper, economic payment modules and customisation options make these housewives the matriarch of the house in more ways than one, and their business module looks like it has a long way to go.

source: http://www.newindianexpress.com / The New Indian Express / Home> Cities> Hyderabad / by Rajitha  S / May 16th, 2014

Hussainsagar water to be on sale

File picture of Hussainsagar lake. (Photo: DC/File)
File picture of Hussainsagar lake. (Photo: DC/File)

Hyderabad:

The Buddha Purnima project wing aims to earn Rs 60 lakh per month from the sale of treated water from Hussainsagar, which is the only revenue generating project under the Hussainsagar Lake and Catchment Improvement Programme (HCIP).

The three filling stations, at Khairatabad flyover, NTR Garden service gate and Sanjeevaiah Park second gate together will have the capacity to fill 1,000 tankers (of 10 kilo liters) per day. Out of the 50 MLD of treated water, 35 MLD will be used to maintain the lake balance, seven will be used by HMDA and the rest will be sold.

The three filling stations will be connected with a six-km pipeline procured from Kolkata. The HMDA chief engineer for the reuse project explained, “Per day, 50 MLD of sewerage water is being treated at various sewerage treatment plants (STPs), out of which 35 MLD is needed to maintain the lake balance (for evaporation and percolation); of the remaining 15 MLD, 7.10 MLD is required for gardening and landscaping of HMDA amusement establishments surrounding Hussainsagar. The remaining 8 MLD will be stored at the filling stations for sale.”

The treated water contains dissolved oxygen less than 3 milligrams per liter (mg/l), residual chlorine from 0.1 to 0.2 mg/l and other elements like nitrogen, phosphorus, coliform and suspended solids. It can be used for irrigation, construction, landscaping, gardening and washing purposes.

Till now, the South Central Railway, Secunderabad, has come forward to purchase 1.10 MLD for washing bogies (0.6 MLD at Nampally station and 0.5 MLD at Kachiguda); few private construction companies and concrete ready mix plants have also showed interest.

“The exact price per tanker will be finalised after the completion of the filling stations. The HMDA has estimated close to Rs 2 lakh revenue per day (Rs 60 lakh per month). Each station will have four filling points and the maximum flow at each point will be 69 cubic meter per hour,” added the official.

source: http://www.deccanchronicle.com / Deccan Chronicle / Home> Nation> Current Affairs/ by DC Correspondent / May 08th, 2014

Denty’s Dental Care raises $4.5 million from Helion Venture Partners

Today’s Healthcare, based in Vijayawada, runs 10 clinics in five cities in Andhra Pradesh and Tamil Nadu, which have fully digitized logging of patient data and electronic medical records./  Photo: Ramesh Pathania/ Mint
Today’s Healthcare, based in Vijayawada, runs 10 clinics in five cities in Andhra Pradesh and Tamil Nadu, which have fully digitized logging of patient data and electronic medical records./ Photo: Ramesh Pathania/ Mint

The money will be used to set up more clinics

Bangalore:

Dental care company Today’s Healthcare India Pvt. Ltd , which has multiple clinics under the name Denty’s Dental Care , said on Monday that it raised Rs.27 crore ($4.5 million) from Helion Venture Partners .

The money will be used to set up more clinics.
Today’s Healthcare , based in Vijayawada, runs 10 clinics in five cities in Andhra Pradesh and Tamil Nadu, which have fully digitized logging of patient data and electronic medical records.
“We are impressed by the founders’ focus on clinical excellence combined with repeatable and scalable operational processes. Customers across five different cities enthusiastically recommend the clinics to their friends and families, giving us confidence in the team’s ability to create a high-quality dental practice nationwide,” said  Sanjeev Aggarwal , senior managing director, Helion Venture Partners.
The first clinic was launched in Vijayawada by two doctors, Sekhar Chennupati  and Rajesh Nandipati , in 2009. The clinics offer comprehensive dental services ranging from basic to advanced treatments across all specialities in dentistry.
“The funding from Helion will fuel the replication of our proven, scalable model across the country, enabling us to reach out to a larger population. There is an acute need for standardized delivery of dental care and the existing infrastructure is only touching the periphery of this opportunity,” Chennupati, co-founder and managing director, Denty’s Dental Care, said in a statement.
The funds will be used to build 150 clinics over the next five years, the company said.
The Indian dental care services market was worth $740 million (aroundRs.4,450 crore) in 2010 and is expected to reach $1.3 billion by 2015, growing at an annual rate of 12%, according to Frost and Sullivan , a business consulting firm.
Dental care chains that have come up in the last five years, mainly in bigger cities, include Dentistree ,  Stardental Centre Pvt. Ltd   under the name  Clove Dental ,  Total Dental Care Pvt. Ltd  under the name  MyDentist  ,  Apollo Hospitals group’s  Apollo White Dental ,  Axiss Dental  and  Swiss Smile Dental Clinic .
India had 180,000 dentists in 2012, serving the population through 125,000 clinics across the country, according to a Healthcare and Dental Industry in India report.
The general dentist concentration is one for every 30,000 persons; urban concentration indicates one dentist for every 10,000 and rural areas one dentist for every 250,000.
source: http://www.livemint.com / Live Mint & Wall Street Journal / Home> Companies / by Aparna Ghosh / Monday – May 05th, 2-014

Hyderabad to host software engineering conference

Eight-day conference from May 31 to June 7 would see around 2,000 individuals, including 600 international and 800 Indian delegates attending it.

SoftwareHF16may2014

Hyderabad, which will host the 36th edition of International Conference on Software Engineering (ICSE), 2014, will act as the meeting point of researchers, professionals, students and faculty from the departments of software engineering from India and across the globe.

This is the first time India is hosting the conference.

The eight-day conference from May 31 to June 7 would see participation of around 2,000 individuals, including 600 international and 800 Indian delegates.

Some of the speakers for the event include James D Herbsleb, professor, Institute for Software Research in Carnegie Mellon University and Charles Lee Isbell, Jr Senior Associate Dean, College of Computing and Professor at Georgia Institute of Technology .

Around 100 PhD students will share their research findings and experiences.

For the first time in the 36-year history of ICSE, live video streaming of the keynotes will be made available for those who won’t be able to attend the conference.

“Through this conference, we aim to bring together eminent scholars to provide an opportunity for the young minds to learn and grow,” said Ramesh Loganathan, president of  IT and  ITeS Association of Andhra Pradesh (ITsAP).

The key highlights include presentation of technical research papers, software engineering education and training, new faculty and researcher symposium, student research competition and future of software engineering among others.

“The industry forum will enable young professionals to understand the global standards and get a peek into some of the best works in software industry research in the world,” said Professor Vasudev Varma of IIIT-Hyderabad.

The next edition of the conference will be held in Italy from May 16-24, 2015. The previous edition happened in San Francisco, USA.

For hosting the event, Hyderabad outstripped other contenders– New Delhi, Pune and Bangalore– in terms of well-placed IT ecosystem and an easy drive to international airport, said organisers of the event.

source: http://www.business-standard.com / Business Standard / Home> Current Affairs> News> National / by N Madhav / Hyderabad – May 05th, 2014

Man with the Midas touch

M. Rajaiah
M. Rajaiah

Mallineni Rajaiah , who came to Vijayawada with a good luck charm his mother gave him, is now the chairman and MD of Vijay Agro Products Pvt. Ltd. and Taj Gateway Hotel with an annual turnover of Rs. 200 crore

Leaving behind his village Amanacharla in Nellore district, he came to the ‘City of Victory’ in 1968 as an ordinary employee of a private solvent extraction company.

All he had was a Rs.2-coin clasped tightly in his fist, a good luck charm his mother gave him while seeing him off, an abundance of hope and of course, a steely grit to make it big in life.

Meet Mallineni Rajaiah, a prominent industrialist who is credited with placing Vijayawada a notch higher by bringing into the city the landmark Taj Group of hotels –Hotel Taj Gateway. Today, the businesses he is involved in fetch him an annual turnover of Rs. 200 crore. Mr. Rajaiah is the Chairman and Managing Director of Vijay Agro Products Pvt. Ltd. at Enikepadu and Taj Gateway Hotel.

In 1973, he set up his own enterprise. “I burnt my fingers but it did not deter me from making a fresh attempt two years later”.

In 1980, he started a solvent extraction unit and after three years, he launched the agro company. He then gradually diversified his business into pisciculture, cold storage and hospitality sector.

In 2007, the much-awaited Gateway Hotel came into operation. “I bought a site in the heart of the city and wanted to build a landmark structure here. Many friends and well-wishers warned me. But I followed my gut instinct and went ahead and here we are,” he says, letting out a winning smile.

“We are far ahead of others. This is only the beginning,” he says dropping broad hints that he has many more major projects up his sleeve.

Known for being vocal about perennial apathy of the successive governments towards Seemandhra region, Mr. Rajaiah says he is not against the State division. “I resent the manner in which we have been thrown out like an abandoned child. There are several unanswered questions causing a great deal of unrest among people in this region,” he says.

It is a misconception that there is no land available in Krishna district, he argues, informing that there are more than 27,000 acres of forest, temple and government land in East Krishna which can be put to good use.

Mr. Rajaiah foresees a bright future. “We are efficient, hard-working and good entrepreneurs. There is no dearth of aptitude but we need to bring back our youth who are away for want of good jobs,” he says.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Vijayawada / by P. Sujatha Varma / May 11th, 2014

Salome Roy Kapoor visits Hyderabad to make it a fashion hub

Miss India (1972) and mother-in-law of actress Vidya Balan, Salome Roy Kapoor. (Photo: PTI/File)
Miss India (1972) and mother-in-law of actress Vidya Balan, Salome Roy Kapoor. (Photo: PTI/File)

Hyderabad: 

Thursday evening saw a gathering of people who one would assume were strangers; but in real life they have known each other for as long as they can remember.

Miss India (1972) and mother-in-law of actress Vidya Balan, Salome Roy Kapoor, designer James Ferreira, make-up artist Cory Walia, jewellery designer Suhani Pittie, fashion designer Shravan Naresh, Shilpa Reddy and others were present at the launch of the Deccan Institute of Design (DID), which they will be part of when it starts operations.

“I last came to Hyderabad many, many years back. I used to be a model and we had come to the city for a show,” says Salome, who dances, choreographs, directs plays, fashion shows and also conducts grooming classes. Her role as a visiting professor would be to conduct grooming sessions, which include deportment, etiquette, table manners, body language etc.

Salome’s sons — Siddharth, Kunaal and Aditya — are all connected with Bollywood and talking about the latest addition to her family from the industry, Vidya Balan, she says, “Vidya is down-to-earth and a lovely daughter-in-law. There have been times when people have tried to get in touch with Vidya through me regarding some event or something else, but I have never encouraged that. She has a busy schedule and I can’t interfere.”

Salome has known the “talented James” (Ferreira) for over 40 years, having also been the one to give him his first break. “It was right after college and I was very nervous, but she saw my work and pretty much gave me my first job,” says James, who is also the creative head of the institute.

DID is an institute by Mohd. Azhar Mujahid and Ayesha Azara Mujahid of the Lakhotia Institute of Fashion Design. Talking about the institute, James says, “Our (institute’s) aim is to make Hyderabad the fashion capital of South India. Not only is Hyderabad the most happening place down South, but it also has the most number of affluent people. We are going to take people back to the roots.

There are 108 ways of wearing a sari, 45 ways of wearing a turban and 60 styles for wearing a dhoti; but in this fast-food age, we have not given our Indian traditions much importance and we hope to change that.”

source: http://www.deccanchronicle.com / Deccan Chronicle / Home> Nation> Current Affairs / by ADC / May 03rd, 2014

VSP ex-librarian selected for award

P.S.N.Murthy
P.S.N.Murthy

Former library manager of the Visakhapatnam Steel Plant and president of Society for the Promotion of Public Libraries P.S.N. Murthy has been selected for Dr. Ranganathan – Kaula Award for the year 2011 in recognition of his service for the cause of library and information science.

Since 1980, Prof. Kaula Endowment for Library and Information Science is giving the award which comprises Rs. 5,000 and a citation, to persons who have rendered eminent service to the cause of library science. The award would be given away by Minister Ganta Srinivasa Rao at a function being organised on the occasion of Librarians’ Day here on Sunday.

source: http://www.thehindu.com / The Hindu / Home> National> Andhra Pradesh / Visakhapatnam – August08th, 2012

Better infra for value-added products urged

Speakers at a seminar sought better infrastructure facilities to enhance exports of  value-added products. Marine products and granite were being exported from the Visakhapatnam region and if exporters added value to these products, exports earnings would increase significantly, they added.

The seminar was organised by the Director General of Foreign Trade in Visakhapatnam on Wednesday.

S Kishore, development commissioner, AP SEZ and Vizag, said not much private investment was coming in the sector and hence the government should come forward and help in improving infrastructure.

source: http://www.business-standard.com / Business Standard / Home> Economy & Policy> News / by BS Reporter / Visakhapatnam – April 30th, 2014

From Pastapur to Senegal, widening the network of millets

Chinna Narsamma, a member of the DDS, exchanging millet seeds with a delegate from Senegal at Pastapur in Medak district on Tuesday./ Photo: Mohd. Arif / The Hindu
Chinna Narsamma, a member of the DDS, exchanging millet seeds with a delegate from Senegal at Pastapur in Medak district on Tuesday./ Photo: Mohd. Arif / The Hindu

Medak-based DDS, with 10 African nations, strives for Afro-Indian Millet Alliance

The Deccan Development Society (DDS), which is working on various crop improvement programmes, has succeeded in forging alliance with several African nations for research and development of millet cultivation.

The DDS, headquartered at Pastapur in Medak district, along with 10 African nations, is actively participating for the realisation of the Afro-Indian Millet Alliance which has been under planning stage since February last year.

Food security

“Many West African nations are getting ready to pursue agricultural models designed by the DDS that encapsulate ecological farming, biodiversity, food and nutritional security, along with ecological security.

The Millet Network of India (MINI), of which the DDS is the national convenor, has foregrounded the various cultivation aspects of millets including biodiversity, ecology and farmers’ self-reliance,” said DDS Director P.V. Sateesh.

Overseas alliance

Speaking to the media at Pastapur on Tuesday, Mr. Sateesh said that last week the DDS was invited to attend to the West African Regional Assembly of the COPAGEN, a network present in nine West African countries– Senegal, Burkina Faso, Togo, Cote D’Ivore, Mali, Benin, Niger, Guinea, Guinea Bissau–, is engaged with millions of West African farmers.

“We are very happy to see that the research on Bt Cotton pursued by the DDS in Adilabad, Nalgonda and Warangal is being followed to find out the impact of Bt cotton in Burkina Faso, a West African country. Following in the footsteps of the DDS, the farmers there have formed community research groups and are regularly monitoring and colleting data on the cultivation aspects of Bt cotton,” he said.

A DDS team comprising Narsamma, a peasant farmer; Ms. Jayasri Cherukuri, Coordinator of the MINI and P.V. Satheesh, Director of the DDS, made a detailed presentation on the work done by the network here on Tuesday.

Meanwhile, the DDS and the COPAGEN are also planning to organise farmer exchange programmes between the Africa and India, with a special focus on the women farmers in both the countries.

source: http://www.thehindu.com / The Hindu / Home> News> National> Andhra Pradesh / by Staff Reporter / Sangareddy – November 22nd, 2013