Businessworld, April 9, 2011 Vishal Krishna When Noaman and Irfan Razack began developing commercial properties in the early 1980s in Bangalore, they realised that most land owners did not have the skills to run the malls once they were built. Often, a developer only knew the basics — collecting common area maintenance charges and administering the security — without paying any attention to consumer and tenant-retention skills. “We decided to build this skill into our business. Now, every large developer offers this service,” says Noaman Razack, director of the Rs 1,000-crore Prestige Group in Bangalore. Four malls and a decade…
We didn't get an award, but got the chance to give one away -- the Coca Cola Golden Spoon Award 2011 for the "Most Admired Foodservice Retailer of the Year: Cafés & Juice Bars" to Costa Coffee (Devyani International). Congratulations also to the other nominees: Café Coffee Day, Jus Booster Juice, Mad Over Donuts, Baker Street, and Coffee Bean & Tea Leaf. Eric Oving (Larive), Virag Joshi (Devyani International), Devangshu Dutta (Third Eyesight) PHOTO CREDIT: IMAGES MULTIMEDIA
Images Food , March 28, 2011 The Indian presence of the Dutch supply chain cluster, Food Tech Holland, was formally launched by Ashok Sinha, Secretary, Ministry of Food Processing Industries, at the recently held Food Forum India 2011 in Mumbai. The Food Tech Holland is a consortium of highly innovative Dutch companies operating in the food sector, providing hi-tech solutions along the supply chain. The technologies provided by the cluster provide its customers a strong competitive edge, resulting in better quality, productivity and efficiency. These technologies can be tailored to the specific needs in the Indian food market. The cluster's…
During its history, the Indian subcontinent has been known as the “Golden Bird” for its natural and manufactured riches. In fact, long before the United States of America, India was the Land of Promise. (The irony, of course, is that Columbus also set foot on North America when he was actually trying to discover an alternative route to India.) However, in the more recent centuries, India became an exploited golden goose which not only stopped laying golden eggs, but also almost appeared starved at different points in time. The government’s thrust on infrastructure and industrialisation in the 1950s would have…
Business Standard, Mumbai March 20, 2011 BS Reporter Group buying websites, mostly launched in the last one year, plan aggressive expansion as they see record traffic for their offerings. Group buying websites put up deals offered by merchants on various services and products for a limited period, say for 24-72 hours and offer discounts of 30-80 per cent.\ However, there have to be a minimum number of people, between 5-20, before a deal can go live, when deals are made available. Offers are normally made on gyms, spas, restaurants, travel and so on in services and on various products. Websites…
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.