March edition

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New Delhi: The wholesale inflation dipped to (-) 2.06 per cent in February as prices of food articles, manufactured items and fuel products fell during the month. This is the fourth month in a row that WPI-based inflation remained in the negative zone. The wholesale price based inflation was (-) 0.39 per cent in January. It was 5.03 per cent in February last year. While inflation in onions, pulses and protein-rich items like egg, meat and fish inched upwards, vegetables, fruits and milk saw the rate of price rise decline during the month. Food articles • Inflation in food articles category stood at 7.74 per cent, and that in manufactured products category was 0.33 per cent, according to official data released today. • Inflation in vegetables stood at

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15.54 per cent in February, lower than 19.74 per cent in the previous month. Potato saw the rate of price rise decline to (-) 3.56 per cent as against 2.11 per cent in January. Inflation in fuel and power s e g m e n t declined to (-) 14.72 per cent in be taken into account by the Reserve February as against (-) 10.69 per Bank for formulating its next cent in previous month. monetary policy announcement, The December WPI inflation data scheduled on April 7. has been revised downwards to (-) • The RBI had lowered policy rates by 0.50 per cent as against 0.11 per cent 0.50 per cent between Januaryprovisional estimate. March to prop up growth as it saw The WPI inflation numbers would inflationary pressure easing.

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New Delhi: India is a bright spot in the global economy, the visiting IMF Chief Christine Lagarde said here. Of all the large economies, India is the fastest growing econony, she said at a public lecture at the Lady Sri Ram College in the Capital. IMF expects Indian economy to grow 7.2 per cent this year and 7.5 per cent next year. While many emerging market economies are losing growth momentum, India however is going in the opposite direction."India can not

Indore: Madhya Pradesh has achieved the distinction of having the highest per capita income growth in the country in 2013-14 as compared to the previous year, showing signs that it is gradually breaking the Bimaru shackles it was tied down with for ages. This is what shows the latest Economic Survey. However, the growth has been calculated on the basis of 2004-05 prices.

AT A GLANCE Annual per capita income (in Rs) at current prices (base 2004-05 prices)

State Madhya Pradesh Uttar Pradesh Bihar India

2012-13 44,998 33,616 27,202 67,839

2013-14 54,030 37,630 31,229 74,380

Growth 20.10% 11.90% 14.80% 9.60%

Source: Economic Survey 2014-15

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he per capita income is calculated by evenly dividing a state's annual income by its population. In fact, MP's per capita income growth at 20.1% is the highest among states in the country for 2013-14, with only the union territory of Pondicherry recording a higher per capital growth of 30.1%. However, this growth is no mean an achievement. State chief secretary Anthony DeSa attributed this to “making agriculture a business of profit and gradual industrialisation of the state.” But in spite of the high growth in per capita income, Madhya

Pradesh remains one of the poorest states in the country with Bihar, Uttar Pradesh, Jharkhand and Assam at the bottom of the rung. Also, the annual per capita income of MP at Rs 54,030 is much below the national average of Rs 74,380. The average monthly per capita income in Madhya Pradesh (at 200405 prices) stood at Rs 4,500 as against Rs 2,600 in Bihar, which is the poorest state in the country, as per the Economic Survey 2014-15 data. With a monthly per capita income of Rs 18,331, Delhi tops the list followed by Sikkim at Rs 14,707. The data for

Goa, which had the highest per capita income in 2012-13, is not available for 2013-14. The more important thing is that Madhya Pradesh is no longer a Bimaru state as was the case a few years ago. MP's GDP has been double that of the country in the last few years. The services sector has been growing at more than 10% yearon-year over the last seven years, while the agriculture sector growth in 2013-14 was 24.99%." He also attributed the high growth to rapid improvement in infrastructure that has attracted more investments and led to more job creation.

An organization, no matter how well designed, is only as good as the people who live and work in it. - Dee Hock

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only run fast, it can also fly high," she said.At the lecture, Lagarde also called for steps to bring "labour market flexibility", stating that it would benefit women. The IMF Chief also stressed the need for India to bring more subsidy reforms, implement GST. "At this juncture, the world needs a vibrant India and India needs the world," she said, adding that it was India's moment and the country should seize it.


PRATIBHA SHRIVASTAVA inance Minister Arun Jaitley promised a major thrust towards investmentin infrastructure. The outlay for the railways and road transport ministries were hiked substantially. The finance minister promised Rs 70,000 crore of new spending by way of budgetary support towards the government's Plan outlay. However, it, of course, continues to be true that public spending will be grossly inadequate to close India's infrastructuregap. According to the advance estimates of gross domestic product (GDP) for 2014-15, gross fixed capital formation is under 30 per cent of GDP- and has fallen nearly a whole percentage point over the year. This is a fall of at least eight percentage points since the pre-crisis years. And even that rate was small compared with that seen in countries like China that have demonstrated sustained high growth. In other words, public investment would struggle to fill the investment deficit. This is particularly true given India's constrained fiscal space; the finance minister has chosen to delay India's fiscal consolidation in order to prime the investment pump, but naturally this cannot be kept up forever. So private investment in infrastructure is key. This lies behind, presumably, the Rs 20,000crore fund to be set up that will be able to leverage its equity to sell debt and, thus, mobilize private-sector debt funds for the infrastructure sector. However, there are reasons to be concerned that the government may be repeating some mistakes from the past that it should have learned from. In his speech, the finance minister assured those listening that the problems in the private-public partnership(PPP) model would be addressed. The way this would be done, he said, was to ensure that the government took most of the risk in such ventures. The argument is that this will permit greater investment in such PPPprojects. Certainly, something must be done about PPPs the problems with the model have been responsible in large part for the investment slowdown of recent years, and such stalled projects are also a significant proportion of the stress on banks' balance sheets. Other methods to settle these issues were also mentioned - a law to oversee disputes, for one, which should be carefully drafted. The Economic Survey, released a day before the Budget, also suggested an independent committee to oversee renegotiation. These are both sensible ideas in theory, and the government's attempts to follow up on them - to "clean up" the sector of disputes and bad loans - should be supported and encouraged. However, the proposal to transfer risk away from the private sector to the government must be re-examined. This essentially returns India to a pre-2000 model for investment. Has New Delhi forgotten disastrous investment models like Enron's Dabhol project? That is what happens when private returns are guaranteed by the state. When the state takes all the risks, there is little or no reason to suppose that the right projects are picked. Only when private capital takes the risk will the future pay-off from such projects be properly evaluated. PPPs cannot be turned into a system in which project choice is politicised, and serve as an excuse for vast transfers of scarce resources to the private sector in the guise of guaranteed returns - in return for projects of dubious viability and appropriateness. This is not the right way to revive the sector.

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Bhopal: Madhya Pradesh chief minister Shivraj Singh Chouhan and his wife Sadhna Singh spent whole day of 10th March tracking tigers and unwinding at Panna National Park, away from allegations and counter allegations that have dominated the state politics in the last few days.The CM and his wife 9th March arrived at the tiger reserve by helicopter on evening and spent the night at Bargadi inspection bungalow within the park. The CM had a traditional Bundelkhandi meal with tikkad and dal but without any ginger or garlic before retiring for the day. On 10th morning. The CM and his wife were up early and took a drive in the park. After receiving news about the presence of a tiger in a certain area, the CM and his wife took an elephant ride during which they saw tigress P213 along with her four cubs

that are aged about 15 months. The CM met the ground monitoring teams - groups that follow radiocollared tigers recording their movement - and congratulated them for their work while shaking hands with all of them. The CM also discussed a proposal to make Panna a monsoon tourist destination. He returned to the Bargadi camp and attended to some work before having lunch. The CM's entourage only included personal security and a cook who supervises the food. The

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inspection bungalow at Bargadi where the CM stayed, does not have cellphone coverage either, offering quality time. The CM returned to Bhopal by chopper on 10th evening. The CM's plan to visit Panna was finalised only on Monday after which arrangements were made for his trip. Of late, jungle getaways are being chosen as destinations to unwind by the CM and his family. The CM and his family are also regular visitors to Ratapani sanctuary, adjacent to Bhopal.

Indore: A treasure hunt organised by a local group saw over a hundred participants from all over Indore compete in the unique contest. As many as 30 teams participated in the event, and all the team members came dressed in interesting costumes. The ongoing World Cup, Prime Minister Modi's Make In India Project and the film PK were some of the themes highlighted by the participants. The hunt began from BCM heights. The participants were given more than 15 clues, which took them through the entire stretch of the city, from Sudama Nagar to Pipliyaana and Vijay Nagar. This colourful hunt ended with the title distribution, which includes those like Best Dressed, Best Theme and Best Car Decoration, to name a few.

Indore: India's multi-super-speciality institute, Medanta — The Medicity is now in Indore. The institute was inaugurated by Dr Naresh Trehan (Chairman and MD) in the presence of Shri Kailash Vijayvargiya (Urban Development Minister of Madhya Pradesh) at Scheme No. 54, Vijaynagar Square, AB Road and aims to bring a high medical standard to the country with clinical research. Medanta Indore is an extension of its Gurgaon-based centre. Said Dr Trehan, "Patients coming to Medanta can be assured of receiving informed medical care from various doctors and specialists of the country. Our doctors and hospital staff are dedicated to the service of not only patients but also relatives who are equally traumatised." At the hospital, facilities will be given to patients with core areas of specialisation being cardiac surgery, cardiology, neurosurgery, neurology, orthopaedics and joint replacements, endocrinology and diabetes, rheumatology and clinical immunology, gynecology as well as emergency and trauma Care. The group is already in the process of establishing the state-of-the-art 500 bed hospital in Indore. Dr Sandeep

Shrivastava (Medical Director and Director, Cardiac Surgery) said, "Most serious patients arrive at the emergency ward. We have therefore built an emergency ICU along with customised ambulance mobility. The mobile ICU ambulances are equipped to shift even the most serious patients from remote locations. The patient is treated by the team of doctors, nurses and technicians while on the move." The hospital has a 160 bed facility with five ultra-modern ICUs having 64 ICU beds, four operation theatres and a cath lab in which cardiac, vascular and neurological diagnosis as well as interventions can be performed. The hospital will serve as the final destination for critically ill patients in central India. The hospital will also introduce various new techniques in cardiac surgery like Minimally invasive cardiac surgery, port access surgery, a o r t i c s u rg e r y, t o t a l a r t e r i a l revascularisation, complex valve repairs and replacements, among other things. Medanta has introduced intraoperative neuro-physiological monitoring, neuro navigation and stereo tactic neuro surgery for the first time in central India

A business that makes nothing but money is a poor business. - Henry Ford


N e w D e l h i : Wa l m a r t I n d i a announced two executive appointments with Ashwin Mittal as the new Chief Financial Officer and Javier Rojo as head of Real Estate and Business Development. Mittal will replace Jill Anderson, currently the CFO of Walmart India, who will soon repatriate back to Walmart in US, Walmart India said in a statement. Commenting on the development, Walmart India President & CEO Krish Iyer said the appointments reflected the company's 'commitment to India'. “Ashwin comes with indepth knowledge, wide experience and commitment that will help us strengthen our processes even more in the years to come,” he added. “Javier's depth of knowledge and global experience in real estate development will indeed make a positive difference and deliver results as we remain steadfast on our growth and expansion plans in India,” Iyer said. Javier will lead the Real Estate

Indore: VSN International Indore got ISO 9001:2008 quality management system certification. This certification is conferred to Shri Amit Bidasariya of VSN International. The unit is located at bhagirathpura industrial estate Indore. The company received the certificate from Mr. Sharma & Mr. Shrivastava of Shark Certification Pvt. Ltd.. Mr. Bidasariya thanked Shark Certification team, as there quality partner to achieve the certification.

and Business Development and will be responsible for Design & Construction, Real Estate and Store Planning. Mittal had joined the company in 2007 as Head of Financial Planning and Analysis and since then has assumed various key roles, including Head-Business Finance and Strategy, Deputy CFO and Chief Business Development Officer. He is a qualified Chartered Accountant with over 25 years of work experience in multinational companies, including Silicon Graphics Cray and Yum Restaurants. Javier, on the other hand prior to his new position, was Senior Real Estate Director for the New England, US division of Walmart. He is an MBA from Kellogg at Northwestern University in Chicago, with over 25 years of experience, including 10 years with McDonalds, US and 15 years with Walmart US. He also served as Director of Development for Walmart Puerto Rico, the company said.

New Delhi: with frequent delays and cancellations of flights denting its reputation, national carrier Air India has planned to engage an image makeover firm to regain the customers' confidence. The airline recently floated tenders, inviting technical and commercial bids from interested PR firms. "Air India has been under a lots of media exposure in the recent times due to various reasons. It is common amongst the service industry to appoint PR agencies to project the right image to the users of services," an Air India official said. "The appointment of such an agency is aimed at enhancing public and media perception of Air India as well as manage more effectively our public relation and corporate communications," said the official. Last year also, the airline had undertaken a similar exercise but it failed to rope in any agency, forcing it

to initiate the process again. Airlines world over have strong PR agencies to project the right image to the travellers and support the company in corporate communications, he said. "The national carrier has strong brand equity and has been rated better than its competitors in the Indian market by a leading agency recently. Several important features which have an impact on public perception of the airline has to be highlighted in the proper perspective. More often than not these aspects are not highlighted resulting in wrong public perception," the official added. With AI joining Star Alliance, it was necessary to highlight the broad connectivity and numerous marketing initiatives taken by the carrier recently, he said. AI operates across 66 domestic and 33 overseas destinations with a fleet of 128 aircraft including that of its

There are no secrets to success. It is the result of preparation, hard work, and learning from failure. - Colin Powell

international budget arm Air India Express and regional service Alliance Air. Air India was judged a more trusted brand than private carriers including IndiGo in the 2015 Brand Trust Report, India, released in Mumbai last month. The state-run airline, last month also had bagged the National Quality Excellence Awards for Safety and Environmental Sustain ability. These awards, instituted by the World Quality Congress, aim to encourage quality competition and are given in recognition to the industries for best quality, registering the highest product development, HRD and environmental performances among others.


From hotelier to Successful entrepreneur Above words of appreciation are sufficient to define Monica Anand, who is an accomplished an hotelier by training and now a successful entrepreneur. She has completed her PG Diploma in Hotel Management from “The Taj Hotels” group. She has done her masters in English Literature from Indore University, and is a Bachelor in Education from ICFAI. She is also an MBA in Human Resources. She runs a successful corporate training house in Indore, which has some of the most reputed organizations on its clients list. She is personally an accomplished corporate trainer and conducts trainings PAN India. Prior to setting up The Achiever's Academy, she has worked with one of India's largest hotel chains – The Taj Group of Hotels, and, later in one of the largest training academy in the Services sector – The Franklin Institute of Airhostess Training. This is coupled with valuable experience of training students in Schools and Colleges. Dream and dare of Monica As Monica puts it in her own words, ”In my last decade and a half association with Indore, with every dawn has come a revelation. Coming from the capital of India - Delhi, I thought I knew it all. But little did I know that, somewhere in Madhya Pradesh, would be a city which would never cease to surprise me. I have seen businesses and people nurture and prosper here, like nowhere else. This city appreciates hard work and intellect. The inherent quality of this place is that they know a good prospect, when they see one. This city thrives on its vivacity and inclination to adapt a cult. It is therefore a 'Melting Pot' of education, literature, history and contemporary thought and progress. From being a contended homemaker to a successful entrepreneur, I have gathered only one mandate from this city, dream and dare to accomplish and you are not alone! I revere the faith that the students, professionals, parents have invested in me, I am trying to take a step forward in giving this city a new stance by associating with Indore-PAC, a society starting a series of activities to promote a better living and good governance for the people of Indore. In doing so, I am not only indulging in another metamorphosis for myself, but for my city - Indore too.“ Symbol of vivacity Monica is not only a trainer or entrepreneur but also having a vivacious personality. She is a good teacher, good orator, good listener and above all lady of pleasant personality who is spreading knowledge and joy among youth and grooming them according to the needs of the hour.

Brought hospitality lime light After working with the NIT and SAP Labs, her attention drew towards hospitality sector. In those days, hospitality sector had limited awareness. People hardly knew about the kind of job opportunities this industry opens up. While she served as a consultant for International Universities in India to British and Australian High Commission, she kept researching and observing what is it that education in the hospitality industry is lacking. In 2008, she took a leap of faith and launched her first venture titled Malwa Overseas Education Consultant in Jalandar, Punjab. In 2010, she extended its branch in Indore, Madhya Pradesh. As of now, her maiden venture is serving 370 Universities across the globe. They directly deal with Australian, British, New Zealand and Canadian High Commission along with Singapore, UAE, USA Consulate. Educational hub of Hotel Management When Harneet's first venture settled down and developed flow, she knew what she wanted to do next. She wanted to establish an educational hub that provides quality professionals for the hospitality sector. In 2011, she took first few steps in that direction and began Malwa Institute of Hotel Management with Hotel Country Inn, Indore. The first year was more or less homework period for MIHM. It was an effort to first understand the situation in corporate careers in hotel management. In 2012, when the learning curve was over, she shaped it as a full fledged college and launched it as MIHM, Indore. The college had a lot of firsts for Madhya Pradesh. The education was more experience driven, and not just theoretical knowledge. She made sure to tie up with some major five star and above properties for students to take an internship and gain experience. By the end of the course, a UG student of MIHM has an experience with minimum 3 top level hospitality sector companies. The training levels are such, that a student can directly join at L3 level job in any top company in the hospitality sector. Vision become reality Harneet's vision began turning into reality in 2013 when her college attracted the likes of Star Cruise, Jubiliant Foodworks, Carlson and a lot of other industry biggies to come for campus placements. MIHM today is the only college in Madhya Pradesh to provide M.B.A. Degree in Hotel Management. The college is driven by a simple but an important objective – putting all the efforts towards, and taking full responsibility of 100% placement of students passing out from MIHM. In 2014, she took things to a new level when she launched Malwa Manpower. A consultancy firm dedicated to provide skilled manpower to the hospitality sector. Even in 2015, it's no stopping for Harneet. She's looking for tie ups with Switzerland and Canadian Colleges, in order to provide international hotel management degrees to students. This will give them a direct job opportunity in places like Europe and Canada. Khel abhi baaki hai ! At 33, Harneet feels there's a lot that she still needs to achieve. She aims to mentor young minds and create professionals that fit not just in the hotel industry, but other areas of hospitality sectors like malls, multiplexes, cruises, airlines, food retails, adventure parks and resorts. Her long term vision is to create Team Malwa. A dedicated company which serves to all the sectors of education. Right now she is serving as the board of director with Malwa Institute of Technology, Malwa Institute of Science & Technology, Malwa Institute of Hotel Management to name a few and this exciting journey is only getting better for her.

Whenever you find yourself on the side of the majority, it is time to pause and reflect. - Mark Twain

Blending of two great culture Aarti Sanghi has this distinct feature that she her personality is molded in two entirely different but rich cultures. As she is born at Kolkata known for its prosperous culture of music and magic she is having magical personality with ability to play classical music. She is a loves classical music and use to play piano with distinction. She is married to renowned Sanghi Family (daughter in law of Shri Satish Sanghi) of the Indore having same quality. Fusion of these two cultures made her a very attractive lady with a firm determination. Success in Short span Some eight year back she started her business with a name of BLU at Geeta Bhawan Square where prime location of the city was waiting for her. Though her husband was engaged in business but this location was lying vacant and unattended. She determined to start her boutique with distinction and when entered into this business her well wishers having doubts about its success because at that time Indore was not so advance and corporate or mall culture was new for this city. But for her determination worked well and her boutique soon become a unique shopping destination for high class society and Blu established as a classical store. In the short span of the eight year Aarti not only made it a successful enterprise but also started second Blu Store at DB Malls Bhopal which is also getting good response from the residents of the capital. From entrepreneur to chair person of FLO When the 11th chapter of FLO was launched at Indore on 10th December 2014 She was nominated unanimously the chair person. For Aarti Indore exerts a significant impact upon various aspects of the life such as commerce, finance, media, art, fashion, research, technology, education and entertainment and also known as culture and commercial capital of the MP. Through this she is actively engaged in empowering women from all spheres. She is contributing towards promoting entrepreneurship and professional excellence in women. As also helping in various activities pertaining to women empowerment at three level grassroots, middle and senior through various capacities building skill up gradation, policy advocacy, industry round tables and thought leadership among other activities. To empower women prisoners she is planning to start a skill development programme for them and after making them skilled in their respective she is also planning to make them economically strong so when they release from jail, they can start their live hood their own. For this cause Aarti is trying to get cooperation of Bank of India to open accounts of female prisoner .She is also making an effort to establish women weavers of Maheshwari saree at international level. Workaholic nature with a silence Aarti can be placed in totally different category of women where she is performing her work with full pace but without hype. She is workaholic but not interested to show off her activities. She don’t want to make his organization as second kitty party therefore she is always explore such women counterparts who are actually willing to do for a cause and she is succeed to add more than 80 active members of the FLO and made it as a fastest growing chapter of the country. By looking her performance and personality one can consider her as pious as Aarti of the almighty. The first responsibility of a leader is to define reality. The last is to say thank you. In between, the leader is a servant. - Max De Pree


KNOWLEDGE

Sales are contingent upon the attitude of the salesman - not the attitude of the prospect. - W. Clement Stone


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ormer England captain Geoffrey Boycott says the Indian team is doing well because so far it's been a "batsman's World Cup", and they will continue to be a "big threat" when batting first. - "I think it is because this is a batsman's World Cup. You look at the flat decks, shortish boundaries, heavy bats, no spin or turn and you look at the field restrictions. It's easier than ever for the batsman, more difficult for the bowlers. "And I think India's strength is batting; they have always had good batsmen. So, batting first, I believe India will be a threat, a big threat," Boycott told ESPNcricinfo. Adding weight to Boycott's 'batting first' theory, India have won two important games while putting runs on the board against Pakistan and

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f you happen to be in India and decide to have a haircut inInner Space, a barbershop owned and run by Ramesh Babu, take time to shake the hands of your billionaire barber. The hands that just cut your hair actually drives the wheel of Rolls Royce Silver Ghost worth at least $600,000. This is an incredibble rags to riches story 41-year-old Ramesh Babu who made it big in this cut-throat world all on the dint of his honesty, hard work, humility and some foresight. Life was not always perfect this man. His father died when he was 7 years old. All that his father left behind was a run down barber shop. With her husband no more, Ramesh Babu's mother had to work as a cook to help feed her children and give them a decent living. Since she couldn't run the barber shop, she rented it out for Rs 5 a day. Ramesh recalls that their family survived on one meal a day. Encouraged by her mother, Ramesh decided to earn a diploma course in electronics. His father's shop was still being rented out for meagre amounts. He then decided to run it himself and in 1989, he began working at the salon In 1994 Ramesh decided to buy a Maruti Omni for personal use. But

South Africa. The former England captain believes that India's forte is always batting. When you bat first and you have a good batting line-up, there is less pressure, players have no inhibitions; they play with freedom, they can express themselves because batting is their forte. And when you bat first you don't know what score you are going to get, what score is going to be best," said Boycott. India's bowling, led by Mohammed Shami, has also improved by leaps and bounds during the Australian

since the car was most of the time idle, he decided to lease the car. One of his mother's employers advised him to lease the Omni to Intel, the company she worked with. “It all began from there and, by 2004, I had six cars all engaged in the same business,” Babu says. Eventually, the car rental drew in customers from the travel and tourism industry. With the help of a bank, he bought seven more cars between 1994 and 2004 and his company was now known as Ramesh Tours and Travels. More cars, more rentals – and more cash came in. In 2004, Ramesh decided to penetrate the luxury car segment and bought a Mercedez Benz for Rs 4.2 million. After that purchase, his car rental literally mushroomed. As they say, the rest is history. Ramesh now own a fleet of 154 luxury cars - Toyota, Volkswagen, Mercedes Benz, BMW and a Rolly Royce. With a crew of 60 drivers, he rents out his cars for as low as Rs 1,000 a day to Rs 50,000 a day (for the Rolls-Royce, of course. You can now roughly calculate his daily income.) Despite of this success, Ramesh still cut hair in the barber shop from 8am to 10am.From 10 a.m. to 4 p.m., he works at his car rental office.

summer and Boycott had a word of praise for the bowling department. "And although bowlers have had a tough time in this World Cup, the Indian bowlers, who were not wellknown, bowled really well. There is no movement for bowlers but these bowlers bowled a wonderful line and length. "They bowled so tight a line against Pakistan that they put the pressure on the batsmen. Pakistan batsmen found it hard to get runs and were out," he said.

At 4 p.m., he goes back to his saloon and works there till 7 p.m. Thereafter, he comes back to the rental agency and stays there till 8.30 p.m. He is as happy to receive the payment from his customers in the barber shop the way he did when he first worked as a barber. Ramesh charges male customers for Rs 65 a haircut and ladies' are charged Rs 150. There are five more people working with him. He says “This is my way to remind myself of my humble beginnings.” Ramesh Babu still keeps his Maruti Omni but he does not rent it out anymore, the car now a lasting monument to his success, showing that one good choice coupled with hard work can lead to success. “Somehow, things have clicked for me,” says Babu, whose clients include politicians, police officers and film stars such as Salman Khan, Aamir Khan and Aishwarya Rai Bachchan. With a film on his life — expected to be released in three languages — in the pipeline, his Bollywood contacts may come in handy.

'I was designed to save the world,' James Spader's voice rings out at the very opening to the trailer of Joss Whedon's Avengerssequel. Cool, soothing, perfectly enunciated, his is the voice of the new villain, Ultron, a Siri-gone bad scenario where artificial intelligence has decreed that we humans aren't intelligent or worthy enough to survive. Basically, it's like H e r w i t h explosions. But, as best exemplified by Her star Scarlett J o h a n n s o n popping out from a flying machine onto a motorbike, what glorious explosions these seem to be. The dynamic from the last film seems to have changed: Robert Downey Jr's Iron Man is weighed down by guilt as the creator of Ultron; Mark Ruffalo's Bruce Banner appears restless, impatient, waiting perhaps to

implode; Chris Evans' Captain America looks more at ease with newage asskickery; Scarlett's Black Widow has her hands full; Samuel L Jackson's Nick Fury is still throwing these misfits together; and Chris Hemsworth's Thor doesn't really get much to say, but is visibly pissed off. (Oh, and Hawkeye's around too. I think.) The trailer's tone is grim, foreboding and s h a d o w y , indicating that the Marvel Cinematic Universe may have its darkest, gloomiest entry in years. Either that or Whedon is saving all his great gags for those who buy the tickets. The best thing to see here might just be the release date: despite the trailer announcing a May 1 release, those of us in India will get our hands on Avengers: Age Of Ultron one week early, on April 24.

Mumbai: The world's largest beauty & cosmetics company, L'Oreal, is looking to expand its e-commerce play in India as categories such as personal care and grooming show greater traction online. Make-up brands such as Maybelline already give L'Oreal close to three per cent of its sales from the online medium. Flagship L'Oreal Professional's make-up range, on the other hand, gives the Indian unit of the French major almost two per cent of its sales from e-commerce, while male grooming products such as Garnier For Men give over a per cent of its sales from e-commerce. In a conversation L'Oreal's Director of Consumer Products Satyaki Ghosh said the company was open to the prospect of setting up its e-store if online sales continued growing the way it was. “Nothing is out of consideration at this stage. We are watching this space closely. We are considering the option (of setting up an e-shop). It is not out of limit, though we have not done work on it yet,” Ghosh said. Currently, L'Oreal works with e-commerce platforms such as Jabong, Myntra, Nykaa and Amazon, among others, to push online sales for its brands. Experts say that as e-commerce becomes a bigger channel for consumer goods companies, newer business models are expected to emerge, including brand websites that provide the option to shop online, click and mortar, etc. In a bid to tap the growing sea of men and women who are shopping or browsing online, L'Oreal is already putting its luxury

products and premium cosmetics (called active cosmetics by the company) on e-commerce platforms. This is in addition to popular consumer goods such as Garnier, L'Oreal Professional and Maybelline, which have already migrated online. Ghosh says the company will increase prelaunch activities on digital for key products in an endeavour to improve buzz. “Stuff where you are exclusive to ecommerce for the first seven-ten days before taking it offline is something that many players are trying including us. We will increase it, since that creates a lot of excitement,” he says. In the run-up to Valentine's Day last month, L'Oreal, said Ghosh citing an example of the above, promoted special giftboxes containing make-up products only on e-commerce portals, positioned as an ideal gifting option for women. While he did not reveal the exact sales from this effort, he said the buzz from this activity prompted offline trade partners such as Shopper's Stop and Lifestyle to also ask for the giftboxes to be stocked at their department stores. Experts say that companies will have to increasingly find such meeting points between online and offline to ensure brick and mortar stores don't feel left out as ecommerce grows. A recent Bain-Google study says that almost Rs 30,000 crore or five per cent of total FMCG sales in India will come from e-commerce by 2020. This will be led by categories such as male grooming, beauty, personal care and infant care.

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automobile industry was in attendance at the event, which has been taking place in Indore for the past 15 years. This year's theme at the gigantic automotive event was 'Beyond Boundaries' and the zealous students took this theme with passion and strived their best to be winners.

udding automotive engineers from across the country participated in a racing and fabrication show in the city, which saw over 118 teams battle it out for the title. An array of colleges also saw students showcasing their work at this thrilling event. The who's who of the The secret of business is to know something that nobody else knows. - Aristotle onassis


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he Madhya Pradesh government will simplify procedures and rules for doing business to give a boost to trade and commerce, said chief minister Shivraj Singh Chouhan. Several steps have already been taken to simplify the system for starting new business in the state but there is still scope for improvement, Chouhan told the inaugural function of a workshop on “ease of doing business” at the Academy of Administration in Bhopal. “We have identified 98 points for improvement and I hope the participants at the workshop would deliberate on the points and find solutions that could become examples at the national and international levels,” he said. Highlighting his government's steps to facilitate easier business activities, Chouhan said a single door policy had been introduced and

labour laws amended. A self-declaration policy for seeking major documents has also been introduced. Yet, during weekly discussions with industrialists and businessmen, some issues come up that can be easily resolved administratively, he said. He further said the administration should take investors into confidence and learn from good examples in other states and countries to improve the ease of doing business. The state's growth rate is the best among the bigger states of the country, Chouhan said. He claimed the increase in the rate of per capita income too was the highest while the growth rate in agriculture was the highest. This makes Madhya Pradesh an attractive proposition for investors at the national and international levels and attempts should be made to facilitate fund inflows.

Printed, Published & Owned by : Ratnesh Shrivastava | Editor : Pratibha Shrivastava | Published from : 108, Onam Plaza, Palasia, A.B. Road, Indore Madhya Pradesh | Printed at : Print Pack Pvt. Ltd. Rangwasa Ind. Area, Rau, Indore © Reproduction in whole or in part without permission of publisher is Prohibited. All rights reserved. CAUTION/ ADVICE : Articles & advertisements in the ‘Global Standard News’ are purely for Information purposes & represent neither endorsement nor recommendation of such companies by the publisher/ Editor. Readers must always take relevant professional advice/ take self decision for any dealing. All disputes are subjected to the exclusive jurisdiction of the complaints court & forum of Indore.


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