Archive for July, 2007

The truth about organic: Know the fine print

Organic food is the fastest growing and one of the most profitable categories in the supermarket, for both sellers and producers. But even consumers who regularly buy organic don’t always understand what the term means, said Urvashin Rangan, a senior scientist and policy analyst for the Consumers Union, a nonprofit consumer advocate and publisher of [...]

A tribute to the Indian Entrepreneur

Coming Saturday, the Prime Ministers honours Indian entrepreneurship at the Emerging India awards ceremony. On this ocassion, Milagrow applauds the spirit of the Indian entrepreneur.And as a partner to the SME movement in the country, we remain excited about this event.And as a sponsor, Team Milagrow feels very proud too.

Hooking up with E-strategies E-commerce can be optimally utilised by SMEs to make the most of market opportunities

Communication technology is essential for business transactions and E-commerce has become a key tool for reaching out to customers. E-commerce (or electronic commerce) means a business transaction whose price is negotiated over an online system such as an Internet, Extranet, Electronic Data Interchange network, or Electronic Mail System. Through this platform, most forms of business [...]

India’s retail revolution

Will India’s mom-and-pop stores perish with the arrival of modern supermarkets? Fortune’s John Elliott reports. Suresh Prasad sells groceries from a 12-by eight-foot store opposite a new Reliance Fresh supermarket in the southern Indian city of Hyderabad. His specialties are 10-cent pastry puffs and cakes. With the supermarket drawing new customers to the area, his [...]

Golden Hue

Amritsar seems all set to witness the culture of multiplexes, villas, luxury and service apartments and penthouses. The Holy city is now the hotbed of real estate activities in Punjab. And the trigger includes rising demand for quality, proposed upgradation of NH 1 and the city airport and the state government’s initiatives to improve existing [...]

Retail rush: Temping serious biz on weekends

New Delhi: Weekends may be fun for most consumers, but for the retail sector they have become serious business. They are not only boosting the retail industry by way of increased consumption, but also creating additional demand for manpower to deal with the rush of customers. According to retail companies, the number of consumers visiting [...]

Time Management for SME Owners

SME owners have to manage everything: from the hiring and managing of employees to seeking clients to planning the business strategies for the company. Is there a more efficient way out?” SME owners have to manage everything: from the hiring and managing of employees to seeking clients to planning the business strategies for the company. [...]

Unorganized retail in an Organized looking environment.

I had the privelege to be the Chairman of ‘The Shop’, Delhi, a cngregation of retailers, vendors and retail service providers, from the 29th June to 1st of July. It was amazing to find that most retailers, big or small do not actually understand the ‘science of retail’ and get carried away by the ‘glamour’ [...]