Archive for October, 2007

Government Contract

–Contributed by Deepak Miglani( Legal Buddy) The subject of government contracts has assumed great importance in the modern times. Today the state is a source of wealth. In the modern era of a welfare state, government's economic activities are expanding and the government is increasingly assuming the role of the dispenser of a large number [...]

A multi-usage strategy

Adopting the innovation mantra, real estate developers are offering novel concepts to catch the attention of the discerning customer. They include concepts ranging from building multi-usage malls to offering flexi-homes to introducing a buy-back option. So much so that developers are actually vying with each other to introduce novel concepts. The reason? To offset the [...]

Official Secrets Act and RTI are contradictory

—Contributed By Deepak Miglani(Legal Buddy)We have a right to question the government s. The governments are legally bound to provide us with information. Parliament of India enacted Right to Information(RTI) Act, which empowers the citizens to question the governments, inspect their files, take copies of the government documents and also to inspect work done by [...]

Retailers to set up multiple services kiosks

—Contributed by Vivin Wason Recently I came across a news article mentioning that service kiosks would be provided by large format retailers. You can access the article by clicking here . Retailers like Reliance Retail, Aditya Birla Retail, Pantaloon Retail, Big Bazaar, Shopper's Stop, InOrbit Mall, Nirmal Lifestyle, Mega Mall and RPG Group's Spencers are [...]

MONEY MATTERS

Questions VCs ask an entrepreneur WHEN raising money from venture capitalists or angels, you’ll want to meet as many as possible. They won’t all invest, but each time you pitch, you get better. Each time you pitch, you get asked different questions, get different opinions and ideas. It’s worth it to pitch as many people [...]

Hughes eyes SME segment for satellite broadband services

Aiming the 30,000 SMEs, services provider Hughes Communication India on Thursday introduced its satellite broadband services in terrestrially underserved locations and rolled out an all-India channel network. Targeted at organisations with single and multiple locations, Hughes is looking to offer these services to customers who use internet to connect to remote locations and run critical [...]

Do we need an exchange for SMEs?

Not an economically beneficial move- Deena Mehta, Managing Director, ACMIIL A new exchange for small and medium sized companies? No way. Size does not dilute the discipline required in the use of public money. We have already seen how creating multiple touchlines — by setting up so many exchanges — is counter-productive. No doubt, SMEs [...]

Retailers, developers going global to survive: industry leaders

TORONTO — Retailers and real estate developers are fearful about what an eroding U.S. economy could do to their business over the next few months, but see international expansion as a key survival strategy. "In Canada 40% of the GDP is dependent on trade between the U.S. and Canada," Home Depot Canada and Asia president [...]

The power of Private Labels

Private labels are generally introduced to get higher gross margins from branded products. They also place the retailer at an advantage over the branded FMCG players who   When Pepsico’s Frito-Lay decided to boycott Pantaloon’s Food Bazaar due to differences in terms of trade, it was the latter’s private label which got a boost in [...]