Category Archives: Business & Economy

3 lakh hectares of land in East Godavari to be irrigated:Reddy

Three lakh hectares of land in East Godavari district will be irrigated by March, Andhra Pradesh Chief Minister N Kiran Kumar Reddy announced today.

“Water will be provided to three lakh acres by March this year in East Godavari district,” Reddy said after inaugurating the Indira Jala Prabha scheme at Vajrakutam village under Gollaprolu mandal of the district.

1,231 acres of land has been brought under cultivation in the district and 69 bore-wells dug up under the Rs 1,800 crore ‘Indira Jala Prabha’ scheme.

The chief minister was accompanied by Union Minister Jairam Ramesh, state Home Minister Sabita Indra Reddy and others.

source:  http://www.Business-Standard.com / Home> General News /by Press Trust of India / Rajahmundry (AP) / January 06th, 2013

Forever Jewellery to expand in S. India

Hyderabad, JAN. 6:

Forever Jewellery plans to set up at least five outlets in Andhra Pradesh and one in Chennai.

The jewellery retailer, which has 150 outlets covering its various brands across India, entered the southern market last year by opening its first showroom in Hyderabad. It opened its second outlet in the city today.

Director Amit Bandi said Vijaywada, Guntur, Visakhapatnam and Warangal in the State and Chennai will have new outlets next fiscal. “Later, we will spread to Karnataka and Kerala,” he told Business Line.

He said the company registered a 30 per cent year-on-year growth this year, with diamond growth outpacing that of gold jewellery. “Diamond prices have been more or less stable, but its sales have picked up,” he said.

The company offers gold and diamond jewellery from Rs 5,000 a piece to Rs 50 lakh. It incorporates regional designs to suit the tastes of various regions in the country.

Brand ambassador and actor Ileana D’Cruz inaugurated the showroom.

amitmitra@thehindu.co.in

source: http://www.thehindubusinessline.com / Home> Industry> Marketing / by Amit Mitra / Hyderabad, January 06th, 2013

Mini opens dealership in Hyderabad

Mini, the iconic British small car brand, has opened its third Indian dealership in Hyderabad recently. It is Mini’s first showroom in South India and is likely to be followed by dealerships in Chennai and Bengaluru soon. The company hopes to have around eight dealerships across the country by the end of 2014.

The  Mini KUN dealership is located opposite R.T.A Khairtabad and will have on display all the models that BMW-owned marquee currently sells in the sub-continent. The showroom will also have the MINI Lounge, MINI Lifestyle Collection and MINI Accessories on display.

Commenting on the development, Philipp von Sahr, President, BMW Group India said, “There is no other more exciting car brand in the world as MINI. With the launch of KUN Exclusive in the historic city of Hyderabad, we are happy to accelerate MINI’s momentum in India. MINI has established itself as a unique brand, associated with tradition and irresistible charm. With MINI, it is possible to build upon its heritage while at the same time, the brand is so youthful and contemporary that customers soon become part of a vivacious, unique MINI community.”

Launched at the 2012 Auto Expo for the Indian market, Mini currently imports its cars in the CBU form and has said that it will not setup a local assembly plant as there is not enough sales to justify such a large investment.

source: http://www.carwale.com / Home> Car News / by Venkat Desirazu / December 21st, 2012

SilkAir to increase frequency of Hyderabad-Singapore flight

Hyderabad, Dec 20 (IANS)

SilkAir, the regional wing of Singapore Airlines, will increase the frequency of its Hyderabad-Singapore flight to 10 a week from the current seven times.

Jagdish Ram Bhojwani, manager, SilkAir, Andhra Pradesh, told reporters here Thursday that the increase of services would come into effect from Jan 1, 2013.

The airlines increased its frequency three times during last three months, which is an acknowledgment of the growing market on this route, he said.

With this, the number of weekly flights to Singapore from 11 points in India will go up to 97. The passenger load factor on different routes is between 70 to 80 percent.

SilkAir, which started three times a week flights from Visakhapatnam to Singapore in October, is also looking at more tier II and tier III cities in India. Jagdish said the airline was looking at cities like Pune, Jaipur and Lucknow though there no concrete plans as yet.

He said the SilkAir’s flights to Singapore offer travelers from India connectivity to 96 cities around the world. The airline is also giving a $40 voucher to those travelling beyond Singapore for spending at the airport.

Singapore is a gateway to South East Asian  region and is within seven hour radius from many South East Asian cities.

source: http://www.newstrackindia.com / Home> Others> Andhra Pradesh, Business/Economy / Thursday, December 20th, 2012

APTDC’s ‘Hunar Se Rozgar Tak’ to benefit 1,500 unemployed youth

It is aimed at increasing skilled manpower in hospitality sector

Unemployed youth seeking a job in the hospitality sector can look forward to bright days ahead.

The Vijayawada division of Andhra Pradesh Tourism Development Corporation (APTDC) will soon induct 1500-odd unemployed youngsters in the 18-28 age group for training followed by their placement under the unique ‘Hunar Se Rozgar Tak’ (HSRT) (From Skill to Employment) scheme, a special initiative launched by the Ministry of Tourism.

It’s a Central Government-funded training programme imparted to the beneficiaries for a short span of six to eight weeks and no fee is charged for it. The initiative is part of the

Ministry of Tourism’s scheme namely Capacity Building for Service Providers (CBSP) and has been introduced mainly to increase skilled manpower in hospitality sector. A five-member team of the Tourism Corporation’s divisional managers from five southern states, including J. Raghupathi Rao, the Corporation’s Vijayawada Division Manager, is undergoing a three-day training sessions at the Bangalore Institute of Hotel Management’s Executive Development Centre.

“We will seek local NGOs’ help to identify 1500-odd eligible youth for training programme which will commence in the next 20 days,” J. Raghupathi Rao, APTDC’s Vijayawada Divisional Manager, told The Hindu on Monday.

The scheme, launched in 2009-10 in some of the northern States, is being implemented through expert institutions like the Indian Institute of Tourism and Travel Management, Institutes of Hotel Management, Food Craft Institutes and India Tourism Development Corporation.

The State governments have been given the liberty to implement the programme through institutes selected by them.

Success

Considering its success and acceptability, it has been decided to expand it in terms of number of beneficiaries as well as the courses being offered. Earlier, the programme offered training courses only in food and beverage service and food production.

Three more courses of housekeeping, bakery and a composite multi-skilled course in Food Production and F&B service were introduced at a later stage.

“The programme will be implemented in all the tourism divisions of Andhra Pradesh from January,” said Mr. Raghupathi Rao.

Referring to the developments of APTDC properties in and around Vijayawada city, Mr. Rao said plans are afoot to give the picturesque Bhavani Island a facelift.

“More adventure sports, both water and ground sports, such as zorbing and electronic games, would soon be introduced to attract tourists,” said Mr. Rao.

source: http://www.TheHindu.com / Home> News> Cities> Vijayawada / by P. Sujatha Varma / December 18th, 2012

Luxury brands bet big on Hyderabad

Luxury brands are training their guns on the Hyderabad market, which according to trade circles is set to grow exponentially in the next two to three years. The market now is small, but significant in the value chain.

With the number of HNIs in Hyderabad on the rise, the demand for highend products is on the rise.

For instance, Hyderabad-based Inline 4 Motors, Tata Motors’ Jaguar Land Rover dealer in Andhra Pradesh, is hopeful of good sales by the end of this financial year. It is previewing the all new Range Rover Vogue MY13 for its elite cliental at the ongoing three-day Indian Luxury Expo, the largest of its kind in Asia, which is hosting 40 luxury brands.

Sharath Reddy, a senior official of Inline said: “In the first year of operations, we have sold about 170 Range Rovers.” Of the 350 cars sold in Andhra Pradesh since its inception in 2010, 310 were purchased from Hyderabad while the rest were bought by customers from Visakhapatnam, Karimnagar, Vijayawada and Rajahmundry.

“On the very first day, we have had five bookings for the new Range Rover,” Reddy said adding that JLR expects big bookings.

“Hyderabad is on every luxury brand player’s radar and there is lot of opportunity here. Definitely, it is a growing market,” said Girish Bajaj, consultant, Indialuxuryexpo.com.

“There are a lot of high net-worth individuals in Hyderabad,” said Bajaj. According to a study, the number of HNIs in India grew 35 per cent between 2008 and 2012 to about 1.7 lakh and the number is expected to go up to 4.5 lakh by 2015. Bangalore, Hyderabad, Pune and Chandigarh and Chennai are on the cards for many luxury brands now.

It is said Hyderabad has the highest number of (40) Rolls Royce cars in India. The luxury car market in India is around 25,000 across brands. The market for super-luxury cars priced between Rs 1-2 crore stood at around 250-300 units in 2011. About 100 units super-sports cars like Lamborghini, Maserati, Ferrari and Porsches were sold besides over 150 units of super-luxury saloons like Rolls Royce and Bentley last year.

On the other hand, Bentley and Lamborghini will launch their models for the Hyderabad market on Tuesday.

“There are a lot of Bentleys and BMWs on Hyderabad roads. That itself is an example of the local luxury goods market snowballing into a huge thing here,” said Shilpa Reddy, fashion designer and fitness expert.

Burberry has already opened shop in Hyderabad. “We are expecting two other luxury brands – Louis Vuitton and Gucci – to debut Hyderabad,” she said.

Giving a fillip to the luxury goods market in the city will be Gitanjali group’s luxury mall to be launched between April and June next year. The mall is expected to be on the lines of Delhi’s Emporio mall. “The mall will house about 80 luxury brands across from jewellery, accessories, apparel and others,” said Sharat Belavadi, assistant vice-president, mall operations, Coronet.

Euromonitor’s report on luxury goods market said that the value of luxury goods sold in India for 2011 stood at $2.18 billion. It said that India will overtake China as the world’s fastest-growing market for luxury goods due to increase in the number of HNIs. It is expected to grow at CAGR of 20 per cent to reach $7 billion in value by 2017 while China will grow by 15 per cent over the same time, the report said.

krishnamohan@mydigitalfc.com

source: http://www.mydigitalfc.com / Home> My Brands / by B. Krishna Mohan / December 17th, 2012

The unlikely soap maker of Secunderabad

Sheba Pallavi at work.

Enthusiastic and riding a powerful Bullet, she always wanted to explore the less-trodden paths of life. Not content with her day job as a hospitality trainer, 27-year-old Sheba Pallavi wanted a hobby to enrich her life. She tried different hobbies, but found her true calling in soap-making. Her first attempt was a disaster, but she was not the one to give up. One day her efforts resulted in a soap that received fabulous response from friends. Ultimately, she had found a hobby that suited her passion.

The moment you step into Sheba’s home in Secunderabad, the heavenly fragrance of herbs and ingredients draws you to check in what is it that’s cooking. You will see Sheba, measuring and stirring the ingredients, molding them and giving them a shape.

Sheba explains that the magic in soap is created by ingredients other than alkalies and fatty acids. The actual process of mixing takes only a couple of hours, but a lot of time and effort goes into research, sourcing the right ingredients, processing them etc.

“In Western countries where homemade soaps are common, most ingredients are available in the super markets. In India I have to scour the city to find the ingredients,” laments Sheba.

Creating a soap for its therapeutic uses and emollient properties is Sheba’s specialty. Chitra, a Bangalore-based corporate consultant is reaping the benefits of Sheba’s therapeutic soaps. On Chitra’s request for a soap that addresses the problems of dry, ageing skin and wrinkles, Sheba tailor-made a soap. “ The soap does not have any strong fragrance. But it has had such an effect on my skin, everyone keeps asking me what have I done for my skin!” exclaims Chitra, who is amazed by Sheba’s passion and dedication.

Sheba uses traditional hand stirred cold process for making soaps. It is very labour intensive and can take hours of stirring at a time. Once the soap is ready, it is left to ‘mature’ for an average of three weeks.

Shruthi, a clinical psychologist from Chennai, says that Sheba started this only a few months ago. Initially her soaps were plain, but Sheba got creative with the ingredients and now produces soaps of various styles, shapes and fragrance. Shruthi used the acne soap, and found it useful in reducing the acne.

Prices starting at `90 a piece, handmade soaps are costlier than machine-made soaps. Sheba says that commercial soaps are profit driven and use detergents and harmful substitutes like artificial dyes or synthetic fragrances, that rob the skin of its natural moisture, irritate skin and aggravate skin conditions. Mass producers extract the skin moisturising glycerine from the soap and make other cosmetics that are sold at higher prices. Handmade soaps are made with high quality food grade oils and skin-safe ingredients. The naturally produced glycerine remains intact, making them kinder to the skin.

Sheba has experimented with more than 30 varieties, with ingredients ranging from edibles like fruits, honey, coffee etc. to herbs to alcoholic beverages, all having unique medicinal properties of their own. She posts pictures of her soaps in various websites. (Itshandmade, Craftsvilla, Mirraw.com, and a Facebook page called Sekken House) through which she gets enquiries. She gets a good amount of word-of-mouth publicity too.

She earns a few thousands per month, and has started maintaining a profit-and-loss account. “It would be lovely to take this up as a full time business… I do see this growing in the future. I encourage others also to take up soap making as a profession,” says Pallavi, admitting that it is profitable.

Sheba has also dabbled with fiction writing and finally moved on to academics. When asked how does she juggle between all this, she quips: “Managing home, church, work and the soap hobby is tricky. But if one knows one’s priorities, it balances things out.”

source: http://www.newindianexpress.com / The New Indian Express / Home> Magazine / by Shree / December 16th, 2012

Pushpak flagged off at Shamshabad Airport

The APSRTC’s ‘Pushpak – Airport liner’ bus services to the Rajiv Gandhi International Airport (RGIA) which were flagged off on Friday. /  Photo: G. Ramakrishna / The Hindu

The much-awaited ‘Pushpak – Airport liner’ bus services to the Rajiv Gandhi International Airport (RGIA) were flagged off at the Rajiv Gandhi International Airport by Home Minister Sabita Indra Reddy on Friday.

The APSRTC has introduced the buses from four different areas of the city. The buses will ply from Secunderabad via L.B. Nagar, from Secunderabad via Secretariat, from S.R.Nagar via Care Hospital and from Kukatpally via Gachibowli.

The corporation has started the new services after the Aero Express buses were withdrawn by the operator.

A total of 25 low-floor air-conditioned buses will make about 220 trips a day. The fares to the airport are between Rs.100 and Rs.200 depending on the distance.

Speaking on the occasion, Mrs. Reddy said that the services would fulfil the needs of the airport-bound passengers and also the general public. She congratulated the APSRTC authorities for introducing the bus service.

APSRTC Managing Director A.K.Khan asked the officials to ensure that punctuality is maintained by the bus drivers. He said more buses would be shortly introduced from other areas to the airport.

source: http://www.thehindu.com / Home> News> Cities> Hyderabad / by Staff Reporter / December 15th, 2012

Machilipatnam DRDO Missile Testing Range

This historic town in Krishna district will soon find a place in the world map with the Defence Research and Development Organisation (DRDO) proposing to set up a Missile Launch Site near Machilipatnam.

The State government has identified land for the proposed missile testing range in Nagayalanka mandal, near the coastal town. Details of the land available have been sent to the defence authorities.

Krishna District Collector Budhaprakash Jyothi said following a plea by the DRDO seeking land near Machilipantam for setting up the long range missile testing site, the Revenue officials forwarded the file to the Government of India on the extent of land and other information.

Machilipatnam Revenue Divisional Officer (RDO) I. Venkateswara Reddy said that the DRDO had asked for land a few months ago and a 325-acre land was identified at Gollalamoda village for the new missile launch site. A few acres of the land are under occupation by local fishermen and farmers.

“The DRDO asked for 350 acres for the launch site. Recently, we submitted the details on the type of land available, price position and how much land is under occupation. We are waiting for further orders from the government”, said the RDO.

Director General of DRDO and Scientific Advisor to the Defence Minister, V.K. Saraswat, announced the launch of the missile testing range, near the Coastal town in Machilipatnam, in Andhra Pradesh at a cost of Rs.1,000 crore.

The ambitious project is expected to be completed in three years.

source: http://www.CurrentEventsWorld.com / Home> Science Technolgy / December 09th, 2012

World allergy meet begins in city today

Hyderabad:

The World Allergy Organisation’s International Scientific Conference will begin in the city on Thursday, with about 1,500 delegates from 80 countries participating.

Union minister for health and family welfare Ghulam Nabi Azad will declare the conference, on the theme Severe Allergies, Severe Asthma, and New Strategies for Treatment and Prevention, open at the Hyderabad International Convention Centre. This is the second WAO conference.

“In the conference, we will present data on marked global increase of allergic diseases that are becoming more complex, burdening children and adults. An international faculty of 90 key opinion leaders in the field of allergy will present the papers,” said WAO president Dr Ruby Pawankar.

She said allergy, though relating to asthma, is often trivialised and clinical services are often limited.

CM N. Kiran Kumar Reddy and ministers of health will also participate in the conference which will be on till Saturday.

World Allergy Patient and Public Forum-2012 will be held at the Apollo Hospital in Jubilee Hills. Represen-tatives from Global Energy and Asthma Patient platform, Chinese Patient Organisation, Japanese Patient Organisation and Polish Federation of Asthma & Allergy will take part. A painting competition on the theme What do allergies look like, will also be held at Apollo on December 9.

source: http://www.DeccanChronicle.com / Home> News> Current Affairs / DC / December 06th, 2012