For Whom Wealth Matters
March 10, 2013 6 Comments
If you have ever wondered why there are so many financial websites and blogs on the internet,here’s your answer.The fact that in the real world too, the financial services sector is growing at a breakneck speed helps in its own way.
March 10, 2013 3 Comments
As Dipali Balkrishan Goenka (DBG), 44, takes charge as managing director of Welspun India — the original textile company, started by her husband 28 years ago — she finds herself in the news. Indian corporate history has occasionally seen the First Lady of family business houses play a limited behind-the-scenes role in the business, but for the most part they have focused on CSR (corporate social responsibility) activities. Now, for the first time, the spouse of a major industrialist is to be promoted to the top job in a widely held company. Welspun India’s revenues and profits are a third of the group’s 17,000 crore turnover and it employs more people than all the other companies put together. Read more of this post
March 10, 2013 1 Comment
Born in the Iberian Peninsula some 800 years ago – when Muslim caliphs still ruled large parts of Spain – the hoary olive trees on the left have traveled thousands of kilometres to Hyderabad,the city of Nizams, where they wait to be bought by some nabob.
The olives, and many other exotic trees that share space at a 250-acre facility on the outskirts of Hyderabad, have been imported by Unique Trees – the biggest name in the business and the first to get an import licence from the agriculture ministry in 2011.The client list of Unique, which sells these imported trees for prices ranging from Rs 10,000 to Rs 12 lakh each, looks like a roll-call of the rich and famous, and includes Bollywood actor Shah Rukh Khan, tourism minister and veteran actor Chiranjeevi, and Telugu superstar Junior NTR. Most celebrities buy these trees, whose ages vary from 10 years to 800 years, to beautify their homes and are not averse to spending some big bucks. Back-of-the-envelope calculation suggests that many of them allocate as much as 10% of their home-building budget for landscaping. Read more of this post
March 10, 2013 Leave a comment
Meera Patel and Sheena Patel
When Meera Patel and Sheena Patel (no relation) were college roommates in NY City a few years ago, it was over their common love for clothes that they bonded. However, as much as their closets grew, finding the perfect Indian outfit for every occasion was proving to be a struggle. Between weddings, Diwalis, and Navratris, their social calendars were filling up faster than they could find stylish, yet affordable, outfits.
Then their eureka moment arrived: “What if we could rent outfits like we rent cars? What if designers could lend out their pieces at a lower cost to style-conscious women with a passion for fashion but limited funds?” The result: Devi’s Closet, a fashion portal that rents luxury Indian clothes and accessories. Its mode of operation is similar to Netflix, or any other online rental portal. Read more of this post
March 9, 2013 9 Comments
Ever since I attended the HP Connected Music IndiBlogger meet,I have been on the look out to know more about IndiBlogger and here’s what I’ve found:
IndiBlogger.in was launched in August 2007 as a free blog directory for Indians. However, the founders Renie Ravin(MD), Karthik DR(Director Finance), Vineet Rajan (Director Pre-sales and Consulting) and Anoop Johnson(Director of Marketing) had a bigger game plan: to mobilise the blogosphere, a nascent field at the time, so that companies and brands could engage with their customers.
The idea was conceptualised by the founders (barring Rajan), all in their 20s, at a party in early August 2007. At the time, Karthik and Johnson were selling security solutions for Ostsold Software, and Ravin,also Johnson’s childhood friend was working as a Web architect for Broadspire, a software company, in Chennai. Convinced that they were on to a good thing, the trio quit their respective jobs shortly afterwards and focused on their start-up.They started with an investment of just Rupees 10,000. Rajan left his account manager’s job with Hewlett Packard, Hyderabad, to join IndiBlogger after a bloggers’ meet in Pune, in March 2008. Read more of this post
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