Category Archives: Business & Economy

SCR bags best team award

The South Central Railway (SCR) has bagged the ‘Best Team of Rail Vikas Shivir Award’ at the three-day Rail Vikas Shivir (a brainstorming exercise of Indian Railways) held at Surajkund in New Delhi.

The Prime Minister, Narendra Modi, presented the award to Ravindra Gupta, SCR General Manager. The theme presentation of the SCR on ‘Creating 3X (Three Times) Bigger Indian Railway that is Economically Viable’ focussed on conversion of existing goods sheds to outsourced goods sheds which would lead to a multiple positive impact, financially enabling substantial gains to the Indian Railways, besides increasing service reliability and satisfaction.

The impact envisages creating six times bigger terminal capacity, integrating IT-enabled supply chain logistics, capturing new streams of traffic, off-loading the overhead costs, provision of all weather warehousing facilities and making goods sheds economically viable and vibrant 24 X 7, a press release said.

source: http://www.thehindu.com / The Hindu / Home> Cities> Hyderabad / by Special Correspondent / Hyderabad – November 21st, 2016

Doctor who plays, sings, clicks…

DOCTORA
DOCTORA

Hyderabad :

He was barely 15 when he had to choose between joining the Indian Cricket team and his dad’s unfulfilled dream of becoming a doctor. He opted for the latter, slogged 18 hours a day to land at Gandhi Medical College. Today, Dr Kannaiah Thalapally, a cosmo-dermatologist stands tall among the rest for being the youngest doctor in the world to perform more than 1,300 hair transplants in seven years.

What makes him a cut above the all is that he didn’t confine himself to needles and stitches. Interestingly, he plays for the Doctor’s Cricket League and has won more than 200 Man of the Match trophies all of which adorn his home and hospital. Not content with playing at the pitch, he went all the way to Phuket to become a certified scuba diver. Despite being swamped with work at the hospital, he went on to learn Carnatic music, western and hip-hop dance, photography and martial arts.

drkannaiahtelan11nov2016

In 2014, he and his friends opened Livyoung hair transplant and anti-aging clinic at Jubilee Hills. “It was through word-of-mouth that the hospital grew than through ads and promotions,” he says.

“Thanks to my friend Praneeth Kumar Jangili, he took up my educational burdens and also munificently helped me set up my hospital. “Like any other doctor, I am bad at handling fiances. So handling patient’s expenses and still being non-commercial is difficult,” he shares.

He attributes his success to Dr Bhavani Prasad, Dr Krishna Kiran Echchampati, Dr Sharat Putta and Dr Sunil Aspingi, his friends, siblings Manoj and sister Mamatha. His 17-member team is apparently the largest hair transplant team in the world. “It is the only surgical centre in the world that does absolute painless transplants,” he informs.
Last year, he received the Vaidya Ratna Award from the State Council.

“I often find people hitting the rock bottom after they lose their hair or skin. How much ever we debate that beauty is secondary, we have to primarily understand that looks have imperceptible yet resilient connection with our confidence,” the doc says. He says that dermal fillers, botox, peels are helping people gain confidence and make them feel beautiful.

Talking of beauty, his photography page speaks volumes about his love for cameras and vision to create memories. “I own three cameras and 10 lenses. I am perhaps the the only guy in town to own a 400 F 2.8 lens. It was sheer passion that made me learn the craft thoroughly,” he beams.

From Ladakh to Kargil, from Rameswaram to Coorg, he has been almost everywhere with his camera. “I work for more than 20 hours in a day for 20 days. The other ten , I am off to some place with my camera or play cricket,” he reveals his mantra to unwind.

Just as you wonder how he manages to squeeze it all into his schedule, he throws yet another Googly. “I was lucky to have Savitri garu as my music teacher. She would come to my house at 10 pm to teach me. She understood my time constraints as a doctor. She passed away a couple of years ago and after that I haven’t sung much,” he adds.
He, along with his seven friends contribute 15 per cent of his income towards charity. They are supporting 178 children and 46 senior citizens financially, emotionally and physically.

Along with his friend cum trainer Jackson master, Kannaiah doesn’t skip a day at the gym to get trained in kick boxing. Thanks to Jackson master, Kannaiah sports a six pack today. Jack of all trades you say? Doc of all trades is more like it.

source:http://www.newindianexpress.com / The New Indian Express / Home> Cities> Hyderabad / by Purnima Sriram / Express News Service / November 09th, 2016

No more visits to tailor, thanks to new app

athiratelan02nov2016

Hyderabad :

So you have been making various visits to your local tailor and paying a hefty price on top of the cost of the outfit to get the right fit? In a bid to reduce hassles, time and cost, three young fashion designers from the city have created a mobile app that will provide a wide range of design, colour and fabric options.

The app named ‘Athira’, which launched on Thursday, is all set to serve its customers their desired outfits at their doorstep once they confirm their measurement and choice of design before placing their final order on the app, claim the alumnus of Hamstech Varsha, Vamshi and Praneeta.

The startup which has begun with a small team is determined to make timely deliveries which will involve “reasonable” shipping charges. Varsha also shared that she came up with the idea having faced difficulties in conveying her requirements to the local tailors and failing to get the work done in time.

To reach out to people across classes in Hyderabad, these young entrepreneurs will directly contact those customers who are not very comfortable in navigating through their smart phones.

The startup also plans to hire student volunteers eventually. “Right now, we are a handful of entrepreneurs and a few tailors.

Athira, as the name suggests, clearly has been started targetting women in mind.

source: http://www.newindianexpress.com / The New Indian Express / Home> Cities> Hyderabad / by Zumbish / Express News Service / November 02nd, 2016

VSoft to commercialise its Jeb app

Banking technology solutions and services firm VSoft Technologies that has developed a mobile app for the users to receive and pay money instantly is looking forward to roll out of the Unified Payment Interface by the National Payments Corporation of India.

Confident of an early launch and announcement of the transaction charges on the UPI platform, the Hyderabad company is in talks with banks to commercialise its ‘Jeb’ app. The company will announce next month banks who would be integrating Jeb on their mobile banking platform, VSoft Technologies chairman and CEO Murthy Veeraghanta said on Monday. The highlights of the app, company executives said, are its security as well ease of use features when transferring money from one account to another. The app allows users to add multiple bank accounts, view balance and transact from any account through a single platform. The users could interact with the application even through a voice command.

An alternative to cash payment, the app can be used to conduct a host of regular payments towards the purchasing groceries, paying schools fees and utility bills.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by Special Correspondent / Hyderabad – July 27th, 2016

Aadya Restaurants acquires 91% stake in Sukashree Agro Foods

Hyderabad :

City-based startup Aadya Restaurants, that runs the food chain ‘Dosa Place’, on Wednesday announced that it has acquired 91% stake in another Hyderabad-based food company Sukashree Agro Foods for an undisclosed amount.

Sukashree Agro Foods owns the `Chennai Chef’ brand, which retails food products such as idly and dosa batters, sambar and rasam powders, among others.

Commenting on the development, Ajay Koneru, founder and director of Aadya Restaurants said, “We found great synergy in `Chennai Chef’. This acquisition will help us spread our wings into the retail business too.”

Aadya Restaurants currently operates four food trucks under the brand ‘Dosa Place’ and one Quick Service Restaurant (QSR). Koneru said the company plans to open 36 QSR outlets pan India over the next 18 months.

“We are getting into the QSR segment with the brand TIDC — `The Indian Dosa Company’. Our plan is to have a presence in at least five states in the next one year. All the cities will have `Chennai Chef’ factories, `Dosa Place’ trucks and TIDC QSR outlets,” he explained.

The company also plans to raise Rs 12 crore to fund its expansion plans in the coming days, he added. Aadya Restaurants currently has over 35 employees, including chefs, cooks, food servers, managers and quality maintenance staff.

source: http://www.timesofindia.indiatimes.com / The Times of India / News Home> City> Hyderabad / by Swati Rathor / July 06th, 2016

Sircilla weavers have their hands full

WeaversTELANGANA12jul2016

In a first, government places a bulk order with them for weaving fabric for school uniform

In order to provide employment to powerloom weavers of Sircilla textile town, the State government has placed a bulk order for weaving fabric for school uniform of various government schools across the State.

Earlier governments had promised to provide employment to distressed weavers, especially when the powerloom sector was in crisis in 2001. In a first, the weavers are given a bulk order now.

Minister for IT and Municipal Administration K.T. Rama Rao, who represents the Sircilla Assembly segment, took the initiative in providing employment to weavers.

Accordingly, the State Handlooms and Textiles Department has given order for producing 1.11 crore metres of fabric worth Rs. 45 crore to the powerloom weavers in Sircilla.

Assistant Director (Handlooms and Textiles) A. Venkatesham told The Hindu on Friday that school uniforms would be made by the powerloom weavers of 55 MACS (mutually aided cooperative societies) in the town.

A total of 7,383 powerlooms would be used to produce 33 lakh metres of cloth in 20 days in the first phase and the same would be handed over to the government. The remaining cloth would be given in two more phases. The grey cloth produced by the powerloom weavers would be given to the Telangana State Cooperative (TSCO) for dyeing, processing and printing.

The uniform colours would be decided by the respective district collectors or Rajiv Vidya Mission, he added.It is learnt that the government has been planning to place regular orders with the powerloom weavers to meet the fabric requirement of various departments such as hospitals, TSRTC, Police Department and other industries.

Welcoming the State government measures, AITUC leader S. Mallesham said that the bulk orders would provide more employment to weavers and urged the government to place similar orders regularly.

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Busy as bees

Order given for producing 1.11 crore metres of fabric worth Rs. 45 crore

Weavers asked to provide fabric within 60 days in three phases

Cloth to be given to TSCO for dyeing, processing and printing

District Collectors to decide the colour of school uniform

Government to procure suiting’s cloth at Rs. 54 a metre

Shirting’s fabric at Rs. 34 a metre

Chunni cloth at Rs. 34 a metre

A total of 7,383 powerlooms to work round the clock

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source: http://www.thehindu.com / The Hndu / Home> National> Telanagana / by K. M. Dayashankar / Karimnagar – July 10th, 2016

Jade Global opens new facility in Hyderabad, eyes $100 mn revenue by 2021

Hyderabad ;

Jade Global Software, which opened a new facility here on Friday, has set a target of $100 million revenue by March 2021.

The US-based advisory, integration, testing, cloud & consulting services, business solutions and IT outsourcing company has chalked out aggressive growth plans. Its current revenue stands at $30 million.

Telangana’s IT Minister K.T. Rama Rao inaugurated Jade Software’s mid-enterprise IT services facility.

“We welcome Jade Global Software to our state. What delights us is announcements continue to flow as firms find value in doing business in Telangana state which is investor and business friendly,” he said.

Jade Global has been ranked in the Inc.5000 list as the fastest growing private companies in the US for five consecutive years.

Karan Yaramada, CEO, Jade Global Soft, said this new 11,000 square foot facility will help the company ramp up its focus in the areas of Analytics & Information Management (AIM), Enterprise Resource Planning (ERP), Managed Services (MS) and Technology & Engineering Services (TES).

“We are starting our Hyderabad centre with a capacity of 100 employees now. In the next five years our goal is to increase this number to five fold,” Karan said.

“We’re essentially investing heavily towards enhancing our existing offerings and adding new facilities that will help ramp up our IT Services to our growing list of mid-size enterprises worldwide,” he added.

He believes that with more than 1,300 IT and ITES firms, Hyderabad has the right combination of infrastructure and human resources to aid to the growth of the company.

“Though services, solutions, and product development are the primary focus for Jade Global, innovation has been our driving force. We find Hyderabad a perfect place to encourage entrepreneur mindset and foster innovation,” he said.
Currently, the company generates about 40 per cent of total revenue from its India operations and plans to increase the same to 60 per cent in the next two years.

“Recently Jade Global established its footprint in Europe with a new office in Britain. We are adding people every day across three continents to augment our growth and expand our 600-member global IT Innovation team,” Karan added.

Jade recently closed a deal with large German based automobile company in India to automate their business processes.
–IANS
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source: http://www.timesofindia.indiatimes.com / The Times of India / News Home> City> Hyderabad / IANS / July 08th, 2016

Students develop Internet of Things products

Worried about hair fall? A comb envisioned by a team of undergraduate engineering students can now tell if you should worry about receding hairline.

The comb and other innovative ideas like a plant capable of sharing emotions based on moisture content are some ideas that have come out of the second edition of EXCITE, brainchild of Telangana Academy for Skill and Knowledge (TASK), Hyderabad Software Enterprise Association (HYSEA) and JNTU.

The EXCITE, five-week workshop internship programme, saw 270 students from 30 colleges participate in the programme starting May 27. The workshop resulted in nearly 90 Android-based and Internet of Things products conceived by the students. Teams with the ideas will receive mentorship over the next 12 months while the top 10 teams will also receive seed funding to bring their products to the market. Organizers of the programme said that besides helping youngsters turn entrepreneurs and develop their products, it also aids in getting them jobs with handsome pay packages.

They claimed that the EXCITE participants last year had bagged as much as Rs. 9 lakh, offered by product developers. A few other product ideas from this year’s workshop include I-toy that helps parents monitor their children from anywhere and patrolling drones. The initiative has also spawned similar initiatives in colleges.

Dubbed ‘Maker Space’, this initiative is now being pilot-tested in 12 institutions, where year-long training through hackathons is provided. This year’s EXCITE programme has led the organizers to expand Maker Space to 40 colleges in the city.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by Staff Reporter / Hyderabad – July 04th, 2016

Music4thought launches song, music production facility

Hyderabad :

Hyderabad-based start-up Music4thought on Monday launched one-stop-lyrics to high quality song and music production facility.

The facility will cater to individuals, short film producers, animation filmmakers and gaming title makers.

“At music4thought facility you can create original custom songs, written, composed and sung based on your feelings. For passionate writers, aspiring singers, or hobbyist the facility offers recording original songs of top label quality,” the company said in a statement.

Founded by young professionals turned first generation entrepreneurs Preeti Sinha, Rohit Shrivastav and Parikshit Sharma, the bootstrapped start-up has created about 37 original content and hopes to expand the number in coming days.

“It is the perfect platform to try out new ideas. For individuals wanting to convey their unspoken feelings, gratitude or love for someone, or for lyricists, singers, and hobbyists to record their original songs and for short film makers and animation film producers wanting to produce original scores and sound effects and looking to collaborate with the best in the industry,” said Sinha.

One of the biggest assets the startup up owns is the experience and expertise of music producer Sharma who is part of core management team and carries two decades of experience in the industry having worked with Shankar Mahadevan and produced the album “Breathless”.

Music4thought has roped in Zoheb Ahmed, Hindustani and Western music exponent, who has performed with many international artists.

–IANS

source: http://www.timesofindia.indiatimes.com / The Times of India / News Home> City> Hyderabad / IANS / June 20th, 2016

CLP India, Suzlon tie up for solar project in Telangana

Big deal:Suzlon won solar projects of 210 MW, including the 100 MW project, in Telangana.– File photo
Big deal:Suzlon won solar projects of 210 MW, including the 100 MW project, in Telangana.– File photo

CLP India and Suzlon Group have formed a joint venture to set up a 100-MW solar project in Veltoor in Telangana State.

Under the agreement, CLP India acquired 49 per cent stake in SE Solar, a special purpose vehicle set up by Suzlon, for Rs.73.5 crore.

CLP India, a wholly-owned subsidiary of CLP Holdings Ltd., listed on Hong Kong Stock Exchange, has the option to acquire the balance 51 per cent, according to a statement on Monday.

The Veltoor project is expected to be commissioned by May 2017 and will be funded 80 per cent by debt and 20 per cent equity.

“We remain keen (to invest in solar) and continue to explore such projects to expand our renewable energy footprint in Telangana and across India,” said Rajiv Mishra, Managing Director, CLP India.

The company is keen to invest in solar in India to complement its wind portfolio. The Veltoor Project is its first joint venture. Suzlon Group CEO J.P.Chalasani said CLP and Suzlon had successfully collaborated in the past for wind projects and “we will continue to partner for powering a greener tomorrow.” Suzlon won solar projects of 210 MW, including the 100 MW project, in Telangana through competitive bidding process.

The power purchase agreements (PPAs) were signed in February.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by N. Ravi Kumar / Hyderabad – June 21st, 2016