My Choices

Mathematics is my favorite subject. I want to leverage on- the language of Scientific postulates- (Mathematics) and reasoning deduced for testimonies of fact. In the present scenarios it will effectively mean supporting any argument with numbers and follow up the train of thoughts with numeric induction/deduction.

Then, aesthetics play very important part in my choices and I believe choices are what make one's life. I will borrow lines from John Keats who said "A thing of beauty is joy forever and its loveliness never fades into nothingness". Taking forward I would say that aesthetics has always driven business and once the kick of aesthetics is instilled in its fabric then the entire garb of business stays beautiful and inspiring for progress evermore.

Taking things forward, art of making friends- which in professional sense is networking- is an important aspect which can prove tactful in many situations is what needs to be regularly garnered. Being a global citizen is what can prove useful at this juncture, ergo learning a foreign language which in my case- taking one step at a time- is Deutsche, might turn out a trump card. 

Innovations 2012- year back and forth

A year in the communication era is quite a long time. Minds capable of changing the cosmic vagaries had been pushing their limits to conceptualize what  we earlier never thought of using .The scintillating year is sailing through and has brought along the successful tidings of many innovations and ingenious concepts. The paraphernalia of events has built upon a fantastic cinematography for the genres in the likes of Entertainment, Information Technology, Retail Business, Automotive et al.

We will take a look on some of the maverick advancements in following lines.

Information Technology: Comprehensively most of the innovations has been in the Information technology field, and has brought forward some groundbreaking concepts which are too awe inspiring.

Brainwave headband has been debuted in Paris wherein a computer window aka screen is inside your mind.

An Indian Innovator has won $50,000 to realize his concept of touch-screen Braille devices.

MIT media lab has worked on to develop a bulb called LuminAR which will make any surface a touch-screen where ever it illuminates.

Automotive industry has witnessed some fantastic innovations, which have given a whole new idea of driving.

TOYOTA is testing cars for one of its concepts which ideates communication between vehicles on the road and live feeds to entail maximum road safety and accidents prevention.

Subaru’s eyesight anti-collision system brakes automatically when moving under 19 mph to prevent any probable accidents, and alerts driver on higher speeds (also tries to apply brakes if driver doesn’t do anything).

Biomimicry: a term given to using nature as a source of inspiration for sustainable technological advancements.

A team of young entrepreneurs has prototyped a self filling bottle with water, mimicking the Namib desert beetle. This beetle can pull water from air and in the same lines this prototype has been conceptualized. 

Agriculture:

Malaysian venture for Autopot systems where each plant in its pot has automated delivery of water and nutrients and this has helped the farmers in saving their efforts and time to invest in other tasks, besides optimizing the usage of water and nutrients.

Retail Brilliance shines off with more ideas of service offerings to consumers.

Dollar save razor where the startup offers monthly subscriptions of quality razors using direct-to-consumer manufacturer method.

BeachMint a California based company has started using personalized recommendation to their shoppers based on their designer preferences.

Entertainment: The celluloid unfurls more of its wings to deliver the extravaganza. Some of them are lined up in following lines.

 GoPro camera, created by Nick Woodman, has changed the video filming methods entirely to present the views which were never possible before.

Vyclone: an application which can connect four cameras (till date and is working for more) in any place and make your device an editor of their videos.

Dolby Atmos: has again revolutionized the movie experience by providing a sound pattern over head also, besides in your right, left, front and back.  Overkill? May be but it is almost a 4D for your ears.

 With the advent of the most festive season of the year there are plenty of opportunities to be cashed. The Retail business and online marketing has been mushrooming at a very fast pace. The ignition had started with Diwali in India and Thanksgiving in western worlds and now the stage unfolds for the bigger game.  In most of the countries merchants starts preparing from October and in Canada after Halloween. Retail Innovations get one through tough weathers and also bottom-line gains. Promotional pricing masquerade the shelf goods and more so with innovation leverage.  Now time alone remains as factor which will provide aplomb to the revelation of any new technique across the world in the year end.

Keep watching.

http://issuu.com/prarambh/docs/empressario_dec12

FDI in Retail in India- effects of 100% allowance.

FDI in retail - common man's analysis

There is a repetitive intonation to policy paralysis. The relaxation of the FDI in the country to 100% is in the least a Pro-urban policy and more pampering of the same is in place by more subsidies framed.

The FDI jingle is offering a mix of the problems and solutions. But the thing stays that sooner or later this was imminent to befall and it did at the right turn of time. This is the time when the world is searching for market and India is churning to open up to new avenues in the times when markets in rich European countries are not as positively tilted.

According to Global Retail Development Index, by American consulting firm A T Kearney, India ranks 4^th most attractive market amongst top 30 emerging markets in the world. India has been a global hub for marketing and the trend has been rising since a decade now. The onus has been on the fact that a country cannot progress in isolation, and India has done away with it by making herself most suitable and eligible for Global market ever since Mr. Manmohan Singh liberalized the nation and Mr. P Chidambram catered to the dependency ratio of the world to streamlining India in same orders.

Following are some of the pros and cons discussed about the FDI in retail in India.

Pros

• The middleman between the farmer and market will lose ground with stronger players in the market whose demand will be catered by supplies.
• The 50% must have supplies (back end infrastructure) from domestic levels will offer better prices to providers of supplies.
• The better and world class commodities will be available at hands to the people in here which was otherwise missing.
• The quality of the products will turn out better owing to sustenance against the stiff competition in the league.
•  The competition will lead to better technology inclusion and also innovative methods to drive the market change so as to compete with the foreign players.
• Despite the World players not playing in smaller cities, the modus operandi will be followed down by them which can overhaul the persisting anomalies whatsoever.

The fear of obsolescence for Kirana stores is also not as valid as people with new trend of DINK (Double Income No Kids) will not trouble themselves with long queue in marts and Hypermarkets. The proximity and ease of availing facilities is the prime motor of the retail shop and demand, Kirana stores have also geared them with practices which appeal to the lax of consumers. For those not complying with the same will have to do so, to survive.

The policy for 100 percent allowance poses a serious question about the beneficiaries of the transition phase between the 51 to 100 percent FDI provisions. There are Indian joint ventures who are cash starved and will be more than ready to sell off their equity amounting to 49%. So the benefit is laid in the hands of these cash deficit companies.

Cons

The FDI opening up is not manna dropped from heaven and it won’t dampen the food inflation pervading in country or lead to heavy cash inflows as obvious.

• Monopolizing and the formation of the cartel by the financially strong foreign players can be a primal fear.
• Now that the FDI has come in with 100% investment capacity the tax jurisdiction will be dealt stringently minding the profit encashment and cost allocation via unverifiable means. Besides the RTI act will also be enforced upon the retailers for all the products and ingredients.

• Empirically consumers prefer to purchase from retail stores nearest to their places of residence in as much as proximity of the stores that makes it convenient for the stores to make home delivery and for the consumers to carry the purchased articles home, besides credit system being allowed by the retail stores when necessary eases the process in more than one ways.  There will be very few retail stores which are located within close distance of the large-sized stores. Therefore the loss of self-employment by means of close of small-sized retail stores may be negligible. 
• The retail markets opening only in One million plus cities restriction is actually a discrimination that puts off the color from the policy. 
• Another major point of conflict is that the profits reaped from the country will be savored by the foreign players.
• The selective or segmented freedom to freely invest is directly a retort against across the board plan of action for FDI policy.
• If you don't go to a Wal-Mart, that is outside of the city, with a car to lug all your stuff back home, it doesn't make economic sense, and you'd rather pay up a small premium for the convenience of shopping near your home.

Economic (of PESTEL) change has actually turned the tables against domestic retail beating on the Porter Five forces theory’s Threat of New Entrants. Government having relaxed the norm has directly affected the retail business of the country and in best guesses I can say that the economic decisions are better left with wisdoms of those who run the business.