Category Archives: Business & Economy

KNR Constructions secures EPC order worth Rs 290 crore in AP

Will upgrade a section of NH-565.

KNR02mar2014

Hyderabad-based infrastructure developer KNR Constructions Limited has bagged an engineering, procurement and construction (EPC) order worth Rs 290.25 crore from the National Highways Authority of India (NHAI).

The order is for rehabilitation and upgradation of existing NH-565 from Km 425/400 to Km 509/400 (Penchalakona to Yerpedu section) to two-lane with paved shoulder in Andhra Pradesh, under the NHDP-4.

The project works would be completed in 24 months from the date of appointment, the company said in a release to BSE today.

source: http://www.business-standard.com / Business Standard / Home> Companies> News / by M Madhav / Hyderabad – February 24th, 2014

70 per cent of Hyderabadis are non-vegetarians

MeatConsumptionHF01mar2014

Seventy per cent of the city’s population are non-vegetarians and there are nearly 3,000 retail meat shops to cater to their needs – these include 960 mutton shops, 681 beef shops, 1,077 dressed chicken outlets and 241other outlets which sell eggs, pork and fish.

Greater Hyderabad Municipal Corporation (GHMC) Commissioner Somesh Kumar revealed this during the seventh Mayors conference on Friday.

He said that simultaneous modernisation of all the five slaughter houses were taken up at a cost of Rs.69.24 crore, including a rendering plant for solid waste treatment.

Work on the fifth abattoir at Jiaguda was postponed due to delay in getting clearance from the Pollution Control Board. Mayor Majid Hussain requested Joint Secretary, Ministry of Food Processing Industries (FPI), Government of India, Siraj Hussain, to release funds for the Jiaguda project.

Mr. Siraj Hussain regretted that no State Government had come forward to seek grants available under the central government scheme to modernise private meat shops and urged the Mayor to encourage private slaughter houses to make use of the grants for modernisation.

“I will take up the issue with private meat shop owners,” the Mayor said and added that the new abattoirs will not cause any hike in prices and also ensure livelihoods are not affected.

A report on ‘Greening of meat and poultry processing Sector in India’ was released and MoUs were signed by the National Meat & Poultry Processing Board with the Sri Venkateshwara University, Tirupati, and the National Research Centre on Meat, Hyderabad, during the meeting.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by Staff Reporter / Hyderabad – March 01st, 2014

Women cabbies to make Hyderabad roads safe again

Hyderabad :

On a day when Union finance minister  P Chidambaram announced the allocation of Rs 1,000 crore for empowerment of women in the country, Hyderabad is already on its way to reclaim the safety of its roads and make them more women-friendly.

Starting Tuesday, an only-women cab service, managed by women and ferrying only women passengers will ply in the city to make travelling a safer experience for city women. In two weeks, women drivers will also be seen ferrying techies from Hi-tec city in five all-new pink autos.

After weeks of training in driving, etiquette and martial arts, four women cab drivers are ready to take over the male-dominated public transport system of the city to begin with.

The ‘She’ cabs are similar to the existing radio cabs in the city with the added feature of GPS devices fitted in them. The tracking devices are connected to police stations across the city as an alarm system. “With the increasing number of cases of violence against women in the city, it is important to have an exclusive transport system for women. Despite the potential challenges I may face, it is a privilege for me to serve members of my community,” said 23-year-old Nagamani, one of the drivers of the ‘She’ cab.

The cabs and the autos are all part of a pilot project, with plans already afoot to start a fleet of cars and autos, manned by a call centre later this year.

The trained drivers are members of the AP Balala Hakkula Sangham, which has taken up this initiative.

In a similar move, an only for women auto service, identified by their women drivers and pink stickers on the body of the vehicles, will ply in and around Hi-tec city and Kukatpally areas. Women from auto driving unions and self-help groups were selected and then trained in driving, etiquette and even martial arts to prepare them for the task ahead.”It was a challenge to get women to come forward for the training programme, but now we are ready to roll out the first batch of all-women autos. We have specifically chosen the Hi tech city area because they need a woman-friendly transport system because of the number of working women professionals there,” said Suresh Raju, founder president of Vaada Foundation, which has initiated the ‘pink auto’ campaign.

As added safety measures, these autos have been provided with pepper spray cans as well as an SOS button that would connect them to the police in case of any emergency.

At a time when the city has been witnessing a spate of crimes against women, including the gangrape of a 23-year-old girl late last year, an exclusive transport system has been welcomed by Hyderabad’s women folk.

“I would definitely feel safer in an auto or cab driven by a woman, especially if it’s late in the day. Such endeavours are necessary and they need to be implemented on a larger scale,” said Harika Suri, who works at a research centre in Banjara Hills.

Isidore Philips, a women’s rights activist, said that such initiatives will help make the city’s public spaces safer for women. “Such initiatives are part of the larger picture of women empowerment as women are entering the male dominated space of public transport. At the same time, they are providing safer travel options, which the city really needs right now,” Philips said.

source: http://www.timesofindia.indiatimes.com / The Times of India / Home> City> Hyderabad / by Ananya Banerjee, TNN / February 18th, 2014

Agricultural research gets gender transformation approach

Hyderabad :

Empowering women smallholder farmers overcome the unique hurdles they face in the semi-arid tropics, and thus securing the future of food production and the economic growth in Asia and sub-Saharan Africa, was among the key messages at the Asia Regional Planning Meeting of the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT).

The meeting held at the ICRISAT headquarters in Hyderabad, acknowledged the significant contributions made by women smallholder farmers and the transformative role they play in dryland agriculture. “The efforts of ingenious and resourceful women smallholder farmers are helping us in our mission to achieve prosperous, food-secure and resilient dryland tropics. They have always been at the forefront in fighting poverty, hunger, malnutrition and environmental degradation. It is upon us to work with and provide them with scientific innovations and solutions to help increase the productivity of their crops and their incomes, while improving the resilience of their lands and livelihoods,” ICRISAT Director General Dr William D Dar said.

“ICRISAT now adopts a gender transformative approach in all its research for development activities in Asia and sub-Saharan Africa. Our interdisciplinary teams of scientists, with guidance from gender specialists, will methodically assess the women smallholder farmers’ control over resources and explore more opportunities for value addition to their services. Our aim is to achieve real gender equality and thereby significantly help empower women,” Dr Dar added.

Present during the meeting were two new gender specialists to be based in West and Central Africa  (WCA) and Eastern and Southern Africa (ESA) to complement the gender specialists based in its headquarters in India, for enhanced and active gender integration into agricultural research for development.

“This Regional Planning exercise helps us to ensure that ICRISAT’s research is aligned with the CGIAR Research Programs on Dryland Cereals and Grain Legumes that we are leading, as well as with all the five other CGIAR Research Programs we are involved in. But more importantly, it serves as a guide for us to make sure that we are still focused on the right questions, that we are relevant to the smallholder farmers, particularly women, and that we have strategies, tools and technologies in place for maximum impact,” said Dr CLL Gowda, ICRISAT’s Deputy Director General for Research, in his welcome remarks.

The meeting attended by over 100 ICRISAT scientists and senior staff mainly from its headquarters in India, and some from its WCA and ESA regional offices, consisted of a review of past research for development activities, as well as brainstorming and interactive sessions to help identify new areas of research and opportunities for scaling out improved technologies and tools.

ICRISAT’s 2014 work plans for Asia were drawn up and the way forward was mapped out with focus on inclusiveness – gender integration; working with and bringing in the concerns of smallholder farmers; enhancing their participation and engagement in the institute’s research for development activities; and working along the Inclusive Market-Oriented Development (IMOD) framework to give smallholder farmers access to scientific innovations and connecting them to markets.

Dr Deborah J Delmer, Chair of the Program Committee of the ICRISAT Governing Board, led a brainstorming session during the meeting on ‘Integrating genetic engineering with genomics for crop improvement, with social science and natural resources perspectives’. The technical deliberations stressed on the importance of a better integration of social science and natural resources perspectives in modern biotechnology, to maximize its potential applications in crop improvement and the betterment of farming systems in overcoming the serious challenge of feeding the rapidly growing world population in the future.

source: http://www.timesofindia.indiatimes.com / The Times of India / Home> City> Hyderabad / by Syed Akbar, TNN / February 18th, 2014

Endowment talk focuses on development, people’s welfare

V. Venugopal, Editor of Veekshana monthly magazine, Hyderabad, delivering 'Abdul Rehman memorial lecture' at the Public Library in Visakhapatnam on Sunday. / Photo: A. Manikanta Kumar / The Hindu
V. Venugopal, Editor of Veekshana monthly magazine, Hyderabad, delivering ‘Abdul Rehman memorial lecture’ at the Public Library in Visakhapatnam on Sunday. / Photo: A. Manikanta Kumar / The Hindu

Services of former trade union leader of VPT recalled

The concept of development had been redefined by former trade union leader of Visakhapatnam Port Trust Abdul Rahman, who passed away 15 years ago.

But his selfless contributions to the port employees in many forms were something to be remembered for a lifetime, senior journalist and editor of monthly magazine ‘Veekshanam’ N. Venugopal has said here on Sunday.

Recalling the expertise of Abdul Rahman on the occasion of his 15 death anniversary at an endowment lecture on the theme ‘Development and its alternate perspectives’ hosted by Abdul Rahman Memorial Committee here at Visakhapatnam Public Library, he said: “Development per se doesn’t have any relevance if it is not in line with people’s welfare. In the modern day context, the definition of development has taken a new dimension and is often confined to individual’s growth in the form of assets and other privileges. However, for Abdul Rahman it was beyond personal and professional preferences.”

His associates and others recalled that Rahman dedicated his life in service to society.

Several political and societal issues were discussed.

Former Union Energy Secretary E.A.S. Sarma highlighted how people’s views should never be ignored in a democratic country like ours. He said that before setting up any unit, it was important to draft policies in an inclusive manner.

“It was a privilege to work under the leadership of Abdul Rahman.

Till his last days, his focus was always on employees’ welfare. He was an epitome of hard work and perseverance who had led by example,” said convener of the committee P.V. Ramana.

With the first annual event inaugurated by former Mayor D.V. Subba Rao, committee members said that the annual feature will have experts speak on different subjects that would have a positive impact on society.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Visakhapatnam / by Staff Reporter / Visakhapatnam – February 17th, 2014

AP govt unveils policy for life sciences sector

The Andhra Pradesh government today unveiled an exclusive policy for the life sciences sector aiming at USD 13.5 billion market by 2019 with an emphasis on biotechnology, medical devices, bio-services, pharmaceuticals and nutraceuticals.

“This policy will lead to Rs 20,000 crore of new investment and skilled employment opportunity to 50,000 people besides augmenting exports to Rs 60,000 crore by 2019,” the policy that was unveiled during the inaugural session of ‘BioAsia-2014’ said.

The major initiative of the policy is to declare lifesciences sector as an industrial category with a set of steps that will ease compliance of procedures through single window system and provides power at industrial tariff which are hitherto being levied commercial tariff.

Providing uninterrupted power supply for life saving drugs is also one of the steps in the policy, it said.

As a part of infrastructure development, the policy envisages certain projects which are critical for the development of the sector under PPP mode such as Vivarium, vaccine testing facility, animal quarantine and bio-security facility, medical devices park, dedicated life sciences clusters in the form of Genome Valley, parks and institutions, it further said.

K Pradeep Chandra, principal secretary (industries), said that with initiatives mentioned in the policy, the state will become a major attraction for the life sciences industry in the coming years.

source: http://www.business-standard.com / Business Standard / Home> PTI Stories> National> News / by Press Trust of India / Hydreabad – February 17th, 2014

The Business of Film Making

film-makingHF24feb2014

With the industry of film making in India opening up to more and more independent directors who think outside the box, film schools have become coveted of late. And with studying abroad adding a good cultural mix to one’s repertoire, foreign schools have come knocking on our doors as well.

In an effort to build on India-UK collaborations, the GREAT Britain Roadshow was conducted recently by the British Deputy High Commission, and the London Film School (LFS) was a part of the bouquet of opportunities presented. With at least a tenth of their annual film releases being Indian, the effort only seems natural.

Pointing out the importance of collaborating with other countries not just through virtual platforms, Kate Hughes, head of marketing, LFS, says, “I think the phenomena of learning from other markets is really fantastic. One can interact virtually to a certain extent but it is a smart move to bring people together for face-to-face communication.”

India and UK, as it turns out, already share a connect with quite a few Indian film makers having enrolled in their school. Writer-director and co-producer of Land Gold Women, Avantika Hari (who won the National Film Award for best feature film), writer-director of Malayalam movie Manjadikuru, Anjali Menon and Anu Menon, director of the Bollywood movie London, Paris, New York are all alumni of LFS.

“We aim to chart out plans for exploring the collaboration on the lines of co-production, sharing of technology, unexplored locations, and most importantly we are interested in the amazing story ideas from Bollywood,” further explains Kate.

So why London Film School one might ask, and Kate promptly replies that formal training is important for those looking at traversing lesser explored terrain. With over 25 years spanning corporate affairs, international sales and distribution of films, the lady speaks from experience.

Exhaustive training

The two-year filmmaking course offered by LFS, one of the oldest film schools of UK, appears promising as students are encouraged to test the waters and ‘learn from their own failures.’

Students make a minimum of six films and with each passing semester, the difficulty level is increased to make it more challenging. The graduation film can be of any budget, any length and shot anywhere in the world.

“We are not interested in teaching students to make a bunch of commercial romantic flicks; we encourage them to think outside the box and make movies about culture, societies and so on,” says Kate.

Also, while graduating, one is usually focused only on the creative part of the movie making and a student seldom thinks about the other variables of filmmaking. However, when they leave the school, they need some extra skills like pitching a project to financiers or producers.

“These too are taught at LFS in the form of various courses,” says Kate, adding that the focus at LFS is to make students industry-ready.

Behind-the-scenes

Although, about 70 per cent of the students walk in wanting to be writer-directors, they don’t just learn to write or direct, they learn all the crafts required for filmmaking. It is the multidisciplinary way of teaching that gives students at the school the extra edge.

“I love films but I know am not a maker. So, I get great satisfaction in making sure that creative work gets an audience,” she says.

However, knowing the skills and graduating from a top-notch school doesn’t set one up for success. The key for such a career which deals with a lot of post-production as well is perseverance, informs Kate, as each film differs from the other, making it tricky to identify financiers, the right crew and the market.

Filmmaking is not just about writing and directing, there are avenues which can be taken up only when one knows their calling.

“And most importantly, you need to really believe in what you are doing,” the marketing head stresses.

source: http://www.newindianexpress.com / The New Indian Express / Home> Cities> Hyderabad / by Ayesha Minhaz – Hyderabad / February 17th, 2014

Hyderabad boy Satya Nadella set to become Microsoft CEO

Nadella learnt technology at Microsoft, leadership at Begumpet school.

The third CEO in Microsoft’s 38-year-old history after Bill Gates and Steve Ballmer could be an India-born, two media reports said on Friday, citing sources familiar with the processes of selecting the new leader at the Redmond-based company.

If he is the chosen one, as Bloomberg was the first to report, Satya Nadella , a 22-year Microsoft veteran with leading roles in the Office and Bing search engine teams, will become the most powerful Indian-origin tech executive in the world.

Bloomberg also reported that the board was considering replacing Chairman Bill Gates with Microsoft’s lead Independent Director John Thompson.

People who know him well both professionally and personally say apart from his technological wizadry, what has struck them about Nadella is that he is a great team person. “Satya is extraordinarily humble and a great human being; so almost anybody who knows him has nice things to say about him. That is in contrast to many leaders today who have ‘sharp elbows’,” says Ravi Venkatesan, former chairman of Microsoft India.

The 46-year-old Nadella has not forgotten his roots and is connected deeply to Hyderabad where his parents (his father is a retired IAS officer) live. He and his wife did their schooling at the Hyderabad Public School in Begumpet and visit the city every year. In an earlier interview to an Indian publication, Nadella had talked about the leadership lessons he first learnt while playing for his school cricket team. Once when the team captain saw Nadella bowling quite ordinarily, he himself stepped in to give the team a much-needed breakthrough, and again threw the ball back to Nadella to bowl the next over.

“I will never forget that. What made him do that? Is this what they call leadership? These are the kind of questions I have since reflected on as I approach many of the things I do today leading teams,” Nadella had said.

Nadella, who has an engineering degree in electronics and communication from Manipal Institute of Technology, moved to the US where he earned a master of science degree in computer science from the University of Wisconsin. He is also an MBA from the University of Chicago. He worked at Sun Microsystems before joining Microsoft in 1992. During these nearly 22 years, Nadella has held several positions, including senior VP of R&D for the online services division and VP of the Microsoft business division.

“He is one of the sharpest guys you will meet; he is very technical and very empathetic. He understands an exterior opinion which works in his favour as he is ready to learn from others,” says one of Nadella’s friends, requesting anonymity.

It is probably Nadella’s performance at the company that led to him being appointed as the head of one of the most key segments of the company — cloud and enterprise. According to several sources, Nadella was responsible for bringing the company’s database, Windows server and developer tools, to its Azure cloud.

Under his leadership, Microsoft’s cloud services’ revenue rose to $20.3 billion in June 2013 from $16.6 billion when he took over in 2011.

“He is an extremely well-rounded person; he has worked in the application business; he has worked in the Bing search business, led the server and tool business, and now he is in charge of all online and cloud engineering. More importantly, he is a strong technical person which is a good thing to lead a company like Microsoft,” says Venkatesan whose first engagement with Nadella happened when the latter was heading the Microsoft business division.

“Microsoft’s offerings have touched an entire generation of Indians, and it would be a moment of great pride for us to see an Indian take over such a prestigious post,” says Ravi Gururaj, chairman of Indian IT industry body Nasscom’s product council.

“I am sure it is his performance and delivery at the company that has brought him this far, and we wish him well.”

Microsoft is currently at a crucial point, as the company is moving away from its roots as a software-focused firm and moving towards hardware and internet-based services.

Experts say Nadella would certainly represent a conservative choice for Microsoft. He is a sharp, persuasive individual and can inject fresh life into Microsoft. But others say Nadella will not be the radical agent of change or the inspirational visionary that some investors and outsiders have been hoping for.

source: http://www.business-standard.com / Business Standard / Home> Companies> News / by Itika Sharma Punit & Bibhu Ranjan Mishra / Bangalore – February 01st, 2014

Hyderabad’s Night Bazaar to get a makeover

Hyderabad :

The tourism department is mulling a slew of measures to resuscitate the Night Bazaar ( Shilpa Sandhya Vedika) at Shilparamam which has failed to attract denizens even after two years of operation.

According to official sources, the department is planning to improve footfalls and occupancy of stalls by keeping the bazaar open till 1 am on weekdays and 3 am on weekends, for which Cyberabad police has given its nod. Presently, the bazaar is officially slated to operate till 12 am on all days. However, many stalls close by 10 pm due to lack of patronage.

“The bazaar was set to remain open till 3 am when it was envisaged. However, it could not remain open as we did not get police clearance. Now the Cyberabad police have given its nod to keep it open till 3 am on weekends,” an official said, adding that a proposal for a police outpost was mooted and a place has already been earmarked by the tourism department.

The department also appointed an officer on special duty (OSD) to manage daily affairs of the bazaar. An order that was released earlier this week said that the officer has been entrusted with the responsibility for transforming the bazaar into a “happening place.” “Plans are being drawn up to improve arrivals at the bazaar in a couple of months,” said V Madhusudan, who was appointed as OSD at the night bazaar.

It was also learnt that the tourism department plans to organize cultural programmes to attract crowds, largely from the IT hubs of Madhapur, Gachibowli and surrounding areas.

Officials added that tenders for several stalls will be recalled in the coming days as many bidders backed out due to lack of demand for the stalls. There are 100 stalls, organized in four theme-based categories which largely deal in apparel, handicrafts and food services. Sources said as food stalls account for the maximum number of unoccupied stalls, efforts are on to renegotiate terms with existing bidders. The bazaar was planned in 2006 with an outlay of Rs 11 crore but took nearly five years to be completed at a cost of Rs 25 crore.

source: http://www.timesofindia.indiatimes.com / The Times of India / Home> City> Hyderabad / TNN / February 01st, 2014

Satya Nadella: Hyderabad’s eagle takes flight

Hyderabad Public School. Located on Begumpet Road in Hyderabad, this is the school Satya Nadella, the newly appointed CEO of Microsoft, attended. The school’s emblem is an eagle and it prods its students to think of themselves as eagles and aim to soar high.

By winning the top job at IT behemoth Microsoft, Nadella has more than lived up to the school’s expectations. Nadella’s parents, who live in Hyderabad now, though palpably happy, did not wish to comment on the achievement. His father B. N. Yugandhar, a retired civil servant, confined himself to a “thank you.”

Those who have known the family attribute a lot of Nadella’s success to his upbringing. He grew up in an environment grounded in reality. C. Parthasarathy, Chairman, Karvy Consultants, who knows the family well, says: “This is really a proud moment, which is what all will say. But what is remarkable about this family is its high level of integrity, intellect and belief in hard work.”

“He has grown up in an environment where these attributes would have been re-emphasised from time to time,” adds Parthasarathy. “I think that helped him in his career. Parthasarthy is also closely associated with Hyderabad Public School and has been on its governing board.

Officials at Microsoft India were tight-lipped about the development. But they will all listen avidly when Nadella makes his address to Microsoft employees later today.

source: http://www.indiatoday.intoday.in / IndiaToday.in / Home> Business> India / by E. Kumar Sharma, New Delhi / February 04th, 2014