Category Archives: Business & Economy

Meet Thasleem & Nadheem, The Pharmacy Shop Owners In Kerala, Selling Face Masks For Just Rs 2, Amid Growing Shortage

Kochi, KERALA :

CochinSurgicalsMPOs19mar2020

At a time when pharmacies are running out of or charging exorbitant prices for face masks, the commonly used personal protective gear against coronavirus, a pharmacy shop in Kochi in Kerala is selling masks just for Rs 2 to the neediest.

Cochin Surgicals, a surgical store owned by Kochi residents Thasleem and Nadheem, has sold more than 5,000 face masks in just two days for Rs 2, while others are selling at Rs 25.

Nadheem, the co-owner of the shop, told ANI: “We have sold around 5,000 masks at Rs 2 each in two days. We decided to sell masks at a reasonable price especially to the common people like hospital staff and students.”

Thasleem PK, co-owner of Cochin Surgicals, said: “We have been selling masks at ₹2 for the last 8 years. But now, the rate has gone up everywhere. We bought the masks at Rs 8 or Rs 10 and are selling at Rs 2, while others are selling at Rs 25.”

A total of 27 people have been tested positive for coronavirus in Kerala, among who three have been cured. As many as 12,740 persons are still under observation in the state for chances of COVID-19 infection.

Across India, confirmed novel coronavirus cases have risen to 128, the Union Ministry of Family and Health Welfare said on Tuesday.

As the coronavirus scare rises, pharmacies have jacked up the prices of masks and sanitizers, despite the Central government invoking the Disaster Management Act 2005 to allow the National Pharmaceutical Pricing Authority (NPPA) to regulate the availability and prices of surgical and protective masks, hand sanitizers and gloves.

“Kerala is going through a one-of-a-kind situation now. We don’t know what’s going to happen, maybe tomorrow I might contract the disease. When we heard there was a shortage of masks, especially for hospital staff, we suddenly decided to sell all the stock we had at a low price. And within two days, our stock has been completed. Most was sold to medical teams and hospitals,”  The News Minute quoted Thasleem as saying.

The duo hopes their act inspires others to stop hiking the prices of essential commodities in the larger interest of public good.

source: http://www.thecongnate.com / The Cognate / Home> News / by The Cognate News Desk / March 17th, 2020

Muslim Industrialists Association (MIA) Organises ‘Peenya Chalo’ To Bridge Gap Between Industrialists & Entrepreneurs

Bengaluru, KARNATAKA :

MIA01MPOs19mar2020

The Bangalore-based Muslim Industrialists Association (MIA) successfully held a business matching and networking event to bridge the gap between industrialists, entrepreneurs and startups, over a luncheon gathering on Saturday.

‘Peenya Chalo’, so-called because the event was held in the city’s Peenya Industrial Area, was intended to be an opportunity for industrialists and entrepreneurs to learn, network, and access resources, so they can take their business to the next level.

The day-long event saw participation from around 40 industrialists and 50 entrepreneurs from across Bangalore and beyond who showcased their products and services ranging from the sectors of Construction Materials, Furniture, Interior Design, Modular Kitchens, Food, Stationery, Cosmetics, Bio-Fertilizers, Lubricants, Education, Media to name a few.

Rabiya-KulsumMIAmpos19mar2020

An opportunity was also provided to startups led by young entrepreneurs to pitch their fledgeling companies to the business leaders gathered at the event.

The event’s guest of honour was Mr N.A. Afzal, Founder, Managing Director & Principal Real Estate Advisor of Home Makers & Realtors. He was facilitated by MIA’s Founding Member, Mr Abdul Waheed, Managing Director & CEO of Peenya Fine Comp Pvt, Ltd, and its current President Mr Mohammed Shafeeqh, Proprietor XL Engineering and Fabricators.

Mr. Afzal shared his entrepreneurial journey of how he quit his flourishing fruits company because it involved Riba (interest) and made a mark in the real estate business. He cautioned entrepreneurs against the evils of interest and the damage that it causes to businesses and society.

MIA03MPOs19mar2020

The event ended with a tour of some of the MIA members-run industries in Peenya, and a visit to the Mubarakah School, which is founded and run by MIA members.

Muslim Industrialists Association (MIA) is a non-profitable, charitable society established in 2004 by successful Industrialists and businessmen from Peenya Industrial Area, Bangalore, with an intention to develop entrepreneurship in the community and support the cause of education. Last month, the organisation launched the Association of Women Entrepreneurs (AWE) to support and connect Muslim women entrepreneurs.

source: http://www.thecognate.com / The Cognate / Home> Business / by Shaik Zakeer Hussain / January 27th, 2020

Hijab rising

INDIA :

Young Muslim women are asserting their identity through modest fashion—the hijab, abaya and burkha—driving up sales and creating new fashion dialogues
Young Muslim women are asserting their identity through modest fashion—the hijab, abaya and burkha—driving up sales and creating new fashion dialogues

Events singling out the Muslim community have led to young women asserting their identity through modest fashion—the hijab, abaya and burkha—driving up sales and provoking new fashion trends and questions about Muslim womanhood in India.

On a warm February afternoon, fresh roses and orchids adorn the entrance of Mushkiya, a newly opened Mumbai store which retails hijabs and abayas. Inside, there is a sparkling chandelier and a changing room with remote-controlled pink curtains—a stark contrast to the musty tailor shops and chai stalls on the noisy and narrow road in Santacruz. Groups of women in burkhas, mostly black, come in to look at the neat display of more than 500 garments. There is excited chatter about what’s pretty and pocket-friendly.

This is Mushkiya’s fourth store in the city. Later this month, they are set to open the fifth, in south Mumbai. “Then we will move to tier 2 cities in Maharashtra, like Nashik, Jalgaon and Aurangabad,” says Arif Panjwani. He owns the franchisee venture, West Trading Company, which brought the Delhi-based brand to Mumbai. Mushkiya’s founder, Zeeshan Arfeen, says he started as an online retailer selling hijabs and abayas in 2016, and quickly went on to establish nine stores in Delhi and four in Mumbai.

Hijabs, abayas and burkhas have never been as ubiquitous in the national consciousness as they have been in the last three months, with images of Muslim women in Delhi’s Shaheen Bagh splashed across various media. Mushkiya, in fact, has a Shaheen Bagh connection. Its first store in the heart of Shaheen Bagh has remained shut for 14 weeks now, ever since the area transformed into the epicentre of the anti-Citizenship (Amendment) Act (CAA) protests in the Capital, inspiring similar protests in Mumbai, Bengaluru and Kolkata. From Shaheen Bagh to the viral videos of young hijab-clad students of Jamia Millia Islamia standing up to the police, it wouldn’t be a stretch to say that the hijab has emerged as a symbol of dissent. It’s a far cry from the muscle-flexing, bandana-wearing Rosie the Riveter, an American pop culture icon created during World War II to implore women to take up jobs and help make arms and ammunition for the war. The hijab-clad woman is a tour de force who creates spaces to fight for equal rights. And most importantly, she is real.

Muneeba Nadeem’s modest fashion collection at the Lakmé Fashion Week’s Summer/Resort 2019 (Photo: Aniruddha Chowdhury)
Muneeba Nadeem’s modest fashion collection at the Lakmé Fashion Week’s Summer/Resort 2019 (Photo: Aniruddha Chowdhury)

THE BURKHA BUSINESS

As a symbol of religious personal identity, the hijab and burkha have gone through highs and lows. However, in the past few years, young Muslim women have embraced and adapted the garments in innovative ways, ensuring the hijab’s entry into the world of runway and Instagram fashion.

In February 2019, fashion designer Muneeba Nadeem, 23, then a third-year student at the International Institute of Fashion Design, Kanpur, debuted at the Lakmé Fashion Week’s INIFD Launchpad, with a collection that focused on hijabs for working women. It was the first time the hijab appeared on the runway of a “mainstream” fashion event in India. Kanpur-based Nadeem says over the phone that she wanted to drive home a point—modest clothing can translate into power dressing too and is deserving of greater recognition.

Modest fashion is an umbrella term that comprises full-length garments, from long-sleeved blouses and floor-sweeping dresses to outerwear, and refers to modes of dressing that conceal the wearer’s body shape and limit skin exposure. Nadeem wants to establish her business in Kanpur before venturing into a bigger city, though she does sell on Instagram. The budding designer owes her success to her father, who encouraged her to establish her business before thinking of marriage. Now, she plans to work on her spring/summer 2021 collection to participate in the Lotus India Fashion Week and the Dubai Fashion Week.

In India, despite a slowing economy, the modest fashion industry is witnessing a revolution of sorts. Instagram is teeming with independent apparel brands and hijab-centric labels, such as Little Black Hijab (@shoplbh; 81,700 followers), Hazel Hijabs (@hazelhijabs; 18,000 followers) and That Adorbs Hijab (@that.adorbs.hijab; 17,400 followers).

Fatima Mohammed (left) and Farheen Naqi of Little Black Hijab (Photo: Aniruddha Chowdhury)
Fatima Mohammed (left) and Farheen Naqi of Little Black Hijab (Photo: Aniruddha Chowdhury)

When Little Black Hijab (LBH) launched, co-owners Farheen Naqi and Fatima Mohammed maintained higher price points, around ₹750 for everyday options, because there was no competition, but they had to reduce rates to around ₹499, as new brands proliferated. “Now, at least 10 new Instagram shops crop up every day,” says Naqi. LBH opened shop on Instagram in 2016 because Naqi couldn’t find quality hijabs in India.

Brands like Delhi’s Mushkiya, Mumbai’s LBH, Chennai’s Islamic Shop and London-based Islamic Design House (IDH)—all opened for business in India around the same time, in 2015-16. Their target audience includes women across a wide spectrum of preferences and age groups—from die-hard Kartik Aaryan fans to those who spend weekends watching reruns of Fleabag on Amazon Prime.

Brand stories
Brand stories

According to Salaam Gateway, a Dubai-based media platform that tracks the global Islamic economy, “India’s 170 million Muslims spent an estimated $11 billion (around ₹80,860 crore) on clothing in 2015 and this is expected to grow at a CAGR of 13% to reach $20 billion by 2020.” It has identified factors such as population increase, urbanization, and a younger, more brand-conscious demographic, for the growth of modest fashion in India. Style inspiration powered by social media platforms has also contributed to this. Junayd Miah, co-founder of IDH, is most optimistic about retail opportunities in tier 2 cities. “Globally, the modest fashion industry is set to expand,” claims Miah over the phone from London. “In India, it is ready to explode now.”

THE GLOBAL RISE OF MODEST FASHION

“When a community is put in the spotlight and its people feel marginalized, they turn inwards to explore their identity,” Miah says. In the 9/11 aftermath, which saw ordinary Muslims the world over targeted for their identity, the younger generation, across Europe and the US, began to grapple with questions of religious identity and ask themselves what it meant to be Muslim. But this was also an experimental, fashion-forward generation that wanted to explore new trends and styles while remaining within the tenets of modest dressing laid down by their faith.

Modest fashion is conservative, but it doesn’t have to be boring. The diversity available in the market is astounding—from asymmetrical hemlines and animal prints to sequinned tops and Billie Eilish-approved electric green. There are denim abayas in different washes and ones with sportswear-inspired accents like stripes and pockets. Burkhas are no longer shapeless and baggy: A-line cuts are common, rhinestone detailing has become popular, and colourful headscarves accessorize the garment. Our favourite in the course of researching this feature, is a Mondrian-inspired pattern by Mushkiya.

Style inspiration? Deepika Padukone in a hooded bodysuit by Balmain that she wore to the Mirchi Awards last month. (Photo: Instagram@deepikapadukone)
Style inspiration? Deepika Padukone in a hooded bodysuit by Balmain that she wore to the Mirchi Awards last month. (Photo: Instagram@deepikapadukone)

Modest fashion also encompasses other faiths, such as orthodox Jews and Christians. A 2019 article in The New York Times, headlined “The Co-opting Of Modest Fashion”, expanded its definition, pointing to “the cultural shifts that followed the #MeToo movement, as many women rejected the male gaze”. It put the spotlight on personal choice independent of religious beliefs and highlighted the fact that modest fashion has transformed into an alternative mode of dressing. Case in point, the hooded, full-sleeved, A-line silk lamé Ralph Lauren gown studded with 168,000 Swarovski crystals worn by American singer and rapper Janelle Monáe on the Oscars red carpet this year. Last month, Deepika Padukone attended the Mirchi Awards in Mumbai in a black bodysuit by Balmain with black sky-high stilettos and black blazer. The hood had soft drapes like a hijab scarf. What was it if not a nod to “an alternate mode of dressing”?

MY HIJAB, MY CHOICE

The question of choice was brought into the limelight most recently during a social media altercation between Khatija Rahman, singer and daughter of music director A.R. Rahman, and Bangladeshi writer Taslima Nasreen. On 11 February, the latter tweeted that she feels “suffocated” by Khatija’s burkha. Khatija took to Instagram to assert her choice, saying, “I’m proud and empowered for what I stand for.” Rahman’s argument was that a woman is free to wear what she wants.

Hijabs and burkhas tend to evoke extreme reactions: While the Taliban regime in Afghanistan would whip women without burkha, on the other end of the spectrum, Denmark last year banned this garment in certain public spaces.

Novelist Andaleeb Wajid (Photo courtesy: Andaleeb Wajid)
Novelist Andaleeb Wajid (Photo courtesy: Andaleeb Wajid)

“The stereotype of the burkha being oppressive doesn’t exist for the one wearing it. It is perceived as oppressive by the ‘other’,” says Bengaluru-based novelist Andaleeb Wajid. “When I was younger and attended book launches in five-star hotels, I didn’t want to wear a burkha, because of this notion of ‘what will people think’,” says Wajid, 42, who started wearing it in her teens because most women in her family did. Even now, when Wajid attends literary events, people start a conversation with her in Hindi rather than English—though she is the author of over 24 English language books. “Just because I am wearing a burkha, it doesn’t mean I only speak Urdu,” says Wajid. She likes to pair them in muted colours with printed or coloured hijabs for a “pop of colour”. “I feel I look really nice.”

Clearly, more and more women are experimenting with modest fashion in India. It is no longer a binary: a girl in a black burkha or one without. A spectrum has come into play, and style influencers are adding to it in creative ways.

In Mumbai, Nabeeha Fakih, a 25-year-old dentist, documents her hijab-centric outfits on Instagram for her 53,500 followers. For her wedding, she styled the hijab in a manner that partly showed her hair. She got trolled but she takes it in her stride. “I just feel that what is right for me may not be right for you,” she says.

She says a girl should understand the purpose of wearing a hijab—which is to behave in a modest manner—based on what works for her. “I feel when you wear the hijab, focus on your intentions and understand why you are wearing it,” she explains. On YouTube, she posts hijab tutorials for her 21,000-plus followers. “I can’t style my hair, so I style my hijabs,” she says. She receives messages from girls who took to the hijab after watching the videos.

Twenty-one-year-old Anah Shaikh (featured on the cover), a hijabi influencer (@_hadha.ana_) with a following of 65,800 on Instagram and 63,000 on TikTok, started wearing the hijab in her early teens. When she turned 19, she started her Instagram page to document hijab-centric personal style outfits. Now, she is one of the leading names in the hijab influencer universe in India and has collaborated with global brands such as Daniel Wellington, Beep Global and Sugar Bear Hair.

Sana Sayyad is a student and part-time modest fashion content creator on Instagram. (Photo courtesy: Sana Sayyad)
Sana Sayyad is a student and part-time modest fashion content creator on Instagram. (Photo courtesy: Sana Sayyad)

“I wanted to attract Muslims and especially non-Muslims via Instagram,” says 20-year-old style influencer Sana Sayyad (@sanasayyadx). She has been posting personal style updates on the platform since 2018 and within a year, there were paid collaborations with Indian modest fashion and beauty brands like Modest Essentials, Thread For Your Head and Iba Cosmetics, a Peta-certified halal make-up label.

IDH has tapped into the burgeoning community of fashion enthusiasts in Kozhikode with events like Modesty Meet-ups and Hijab Styling workshops at its store. Its Instagram page @idh_india has highlights from these events. For Modesty Meet-ups, the brand involves hijab-wearing women from creative professions like photography who share their journey with modest fashion as they explore why they dress the way they do.

LBH offers quick tutorial videos on Instagram for styling the hijab, with hijabi influencers that generate anywhere from 10,000-100,000 views. “It’s almost like a small digital magazine to offer inspiration on how to wear it. It is not like we are pushing girls to buy. It’s more about fun styling,” says Naqi. It involves exploring drapes and experimenting with accessories such as baseball caps, winter beanies, sunglasses and earrings. All the videos are in sync with global hijab trends. They even offer content categories like back-to-college and 9-5. They have yet to receive sourcing requests from a prominent brand “but in the Muslim world we are quite mainstream”, says Naqi.

BREAKING THE SILOS

In recent years, more and more style-conscious Indian Muslim women can be seen sporting the Khaleeji hijab, a style of wearing a headscarf over a large bun that gives the head and neck an elegant silhouette. Originating in Kuwait, the Khaleeji is among the most popular hijab styles across the world today, with hundreds of YouTube tutorials guiding women on how to drape it. Wearing the hijab in a no-fuss manner with fewer pins and drapes is another favoured style.

In LBH’s office, I come across an assortment of hijab accessories: Stretchable caps, cotton blend and lace, which are worn underneath the hijab to tuck in hair and keep the scarf in place, hair volumizers and hijab pins, including no-snag and magnet versions (the latter will even secure a heavy Kanjeevaram sari). Essentially, they are a pair of strong magnets decorated with studs or pearls which are placed on either side of a fabric to keep it in place and double up as a brooch with zero damage. “Magnetic pins are so effective that you can wear the hijab, ride a bike and it will not move an inch,” says Naqi.

A shopper at Mushkiya, a modest fashion store (Photo: Aniruddha Chowdhury)
A shopper at Mushkiya, a modest fashion store (Photo: Aniruddha Chowdhury)

At a pop-up exhibition last year, non-Muslim women were quick to buy these too. “Thirty per cent of our buyers are non-Muslims,” says Panjwani of Mushkiya. Two aspects of these products appeal to women who are not their target customers: attractive pricing and variety. LBH, for instance, retails office-appropriate three-piece and two-piece coordinated sets and long jackets. It also offers bridal options with Lucknawi hand embroidery. Georgette-blend long jackets with floral prints can be found at Mushkiya’s online and offline stores too, while IDH sells jumpsuits, long button-down dresses and modest swimsuits with a head cover.

Mushkiya’s store in Santacruz is labelled as “premium”, but the clothes are surprisingly affordable. The hijabs are priced between ₹120-700, while abayas cost ₹990-12,000. The hub for abayas, burkhas and hijabs in Mumbai, however, is Mohammed Ali Road, where they are sold on the street as well as in retail stores. Hijabs here can be bought for ₹120-250. LBH’s quasi-formal coordinated-sets with matching trousers and tops range from ₹1,000-2,000, lower than Amazon’s prices for similar garments. IDH offers spiffy mid-length buttoned dresses with asymmetrical hemlines priced at ₹1,500-2,600. These are marked down during sales—the attractive pricing brings in non-Muslim customers too.

BOLLYWOOD AND THE BURKHA

In recent Bollywood movies such as Secret Superstar and Lipstick Under My Burkha, women are shown to have a complex relationship with the hijab and burkha. While the burkha is often shown as a convenient way to maintain freedom—a sort of urban camouflage—it can also become a symbol of all that is oppressive. In Secret Superstar, the protagonist is forbidden by her father to sing publicly; towards the end of the movie, she removes her face cover. In Lipstick Under My Burkha, one of the two Muslim protagonists uses the burkha to shoplift.

Most girls in hijab that Lounge spoke to believe that the only “real” representation in Bollywood of a young Muslim girl who dresses modestly and wears the hijab is portrayed by Alia Bhatt’s character, Safeena, in Gully Boy. The movie was styled by Poornamrita Singh, who researched for several months to style the feisty Safeena. Her team visited multiple colleges in Mumbai and took photographs of girls in hijabs, with their consent. Singh learnt about the various drapes and accessories to develop a mood board. Then she sourced basic jeans and T-shirts from brands like Uniqlo, kurtis and hijabs from street shops and created Safeena’s look.

“I wanted to ensure that the hijab didn’t stand out,” says the stylist. “… That it was as regular as wearing a pair of jeans.”

source: http://www.livemint.com / Live Mint / Home> Explore /  by Jahnabee Borah / March 08th, 2020

Retail tycoon is first Indian to gain coveted Saudi ‘green card’

KERALA / Abu Dhabi , UAE :

Yusuff Ali M.A
Yusuff Ali M.A
  • Yusuff Ali M.A: “This is obviously a very proud and humbling moment in my life,”

Jeddah :

Abu Dhabi-based retail tycoon Yusuff Ali M.A. on Monday became the first Indian citizen to obtain Saudi Arabia’s coveted Premium Residency, widely known as the Saudi “green card.”

“This is obviously a very proud and humbling moment in my life,” the chairman and managing director of the group that owns the LuLu chain of hypermarkets told Arab News.

“It is a great honor, not only for me but also for the entire Indian expat community, and I sincerely thank King Salman, Crown Prince Mohammed bin Salman and the government of Saudi Arabia.

“I am sure this new permanent residency initiative will further boost Saudi Arabia’s image as one of the key investment and business hubs in the region in addition to attracting and retaining new investors here.”

Premium Residency is a special residence permit that gives expatriates who meet its conditions the right to live, work, and own business and property in the Kingdom without a sponsor. It is a key part of the crown prince’s Vision 2030 reform plan to diversify the Saudi economy.

The Kingdom had become an attractive investment destination because of the remarkable growth of its economy, Yusuff Ali said. “Investors can now come here and invest freely; they can buy property and feel at home, secure and safe.

“What does an investor need? He needs security such as premium residency. The economy of this great country is booming so this is the best time for international investors to come, invest and take advantage of Saudi Vision 2030.”

The tycoon said international investors and businessmen were looking to Saudi Arabia because of how the country had been transformed. “We want to export agricultural products from Saudi Arabia and use the innovations and transformations in the business sector,” he said.

source: http://www.arabnews.com / Arab News / Home> News> Business & Economy / March 04th, 2020

Indian-American entrepreneur launches ‘Holi Ghee’

Mumbai, MAHARASHTRA / New York,  U.S.A :

New York :

Nazia Aibani, a New York-based Indian-American entrepreneur, has launched a special type of clarified butter called ‘Holi Ghee’ to add more taste to the Holi delicacies like ‘matthis’ and ‘gujiyas’, a media report said.

Aibani, who originally belongs to Mumbai, owns Gourmet Ghee Company who she founded in 2017, Indica news said in the report on Wednesday.

Asked about why she chose to come up with ‘Holi Ghee’, she said: “Holi Ghee is a specialty flavoured clarified butter we made to pay homage to my Indian roots. Also with the turmoil going on, I felt it was important to show the one thing Indians have in common which is a love for food.”

On the unique flavour and what does it taste like, the entrepreneur told Indica news: “This flavour was inspired by Holi, the festival of colours. We used rainbow-coloured crunchy sprinkles. This ghee is on the sweeter side with a rich spreadable taste and texture.

“I wanted this ghee to appeal to kids especially, to get into the spirit of the holiday, and to use all year around not just for one particular day. The taste is very smooth with a soft crunch, it can be used as a spread or also in baking.”

Gourmet Ghee offers clarified butter in other different flavours including roasted garlic, Celtic sea salt and toasted almond.

It sells for $14 to $18 for a 9-ounce jar.

source: http://www.indianewengland.com / India New England News / Home> Business / by India New England News / February 20th, 2020

Three Keralites behind ‘Bandicoot’ win Infosys Gold award

KERALA :

Bandicoot has already made its way into 12 states and the company has also grown to the strength of 100.

Rashid K, co-founder of Bandicoot, receiving the award on Wednesday
Rashid K, co-founder of Bandicoot, receiving the award on Wednesday

Thiruvananthapuram :

Malayalis Rashid K, Vimal Govind MK and Nikhil NP of startup ‘Genrobotics’ won the gold award instituted by Infosys Foundation. The award was given for their innovation ‘Bandicoot’, a robot developed by the startup. ‘Bandicoot’ is stated to be the world’s first manhole cleaning robot. It’s the second edition of the Aarohan Social Innovation awards.

The innovation won the award in the sustainability category. The award carries a purse of `20 lakh. Other award categories included healthcare, rural development and destitute care. Rashid, Govind and Nikhil are the core founders of Genrobotics and Bandicoot has been designed by nine engineers from Kerala.

After its successful trial in Thiruvananthapuram by clearing manholes filled with plastic and other kinds of waste, it is being used successfully by the Kerala Water Authority for various purposes.“Through our innovation, we aim to eliminate manual scavenging completely from our country. We were able to create awareness with the support of the government and other organisations.”

“We are happy to receive this prestigious award and we hope that we will be able to end manual scavenging in five years,” said Govind, the chief executive officer, Genrobotics.

Bandicoot has already made its way into 12 states and the company has also grown to the strength of 100. “We plan to expand in more states thereby reducing the number of manhole deaths,” according to Govind
“Besides Bandicoot, we are also working on other projects for the welfare of the society,” he said.In  healthcare category, three awards were presented.

Recipients include Partha Pratim Das Mahapatra from Kolkata, who developed a non-invasive, non-contact, portable device to measure human bilirubin, oxygen saturation and haemoglobin levels without drawing blood from the body; Dr Binita S Tunga and Dr Rashbehari Tunga from Bengaluru.

source: http://www.newindianexpress.com / The New Indian Express / Home> States> Kerala / by Express News Service / February 20th, 2020

A new kind of capitalism: Innovation and technology will help overcome wealth inequality

Bengaluru, KARNATAKA :

Rishad Premji, chairman of Wipro, says that stakeholder capitalism is increasingly gaining ground.

Wipro chairman Rishaad Premji. | Manjunath Kiran /AFP
Wipro chairman Rishaad Premji. | Manjunath Kiran /AFP

No matter how you measure it, inequality has been on the rise since the 1970s.

According to Inequality.org, the richest 1% now own 45% of the world’s wealth , while The Guardian reported that chief executives at FTSE 100 companies in 2017 earned 145 times more than an average worker , up from 47 times in 1998.

This concentration of wealth at the top has emerged as a potential source of conflict in modern society. With new technologies like artificial intelligence, robotics and the internet of things creating opportunities for growth, businesses are increasingly expected to contribute positively to the communities that surround them rather than just chasing profits and maximising returns for shareholders.

In this era, businesses need to have a clear purpose and act as responsible corporate citizens. Stakeholder capitalism is increasingly finding acceptance and is becoming the “right business thing to do.”

New developments can be an amazing social equaliser: 3D printing is democratising manufacturing, while mobile banking provides easy access to banking services and increases the earning power of small businesses. But access to technology often dictates what opportunities are available. A 2019 US Census Bureau report found that a lack of access to the internet has become inherently intertwined with inequality.

So how can these new innovations help companies make the world a better place?

Democratising services

Innovations in the ed-tech space are helping to provide affordable and accessible education across society. In the area of healthcare, technology is bridging the gap between medical practitioners and end-users, enabling early detection, improving well-being and lowering costs. For example, Chikitsak, a portable, easy-to-use and cost-effective medical screening device that can be used by low-skilled healthcare professionals, and Niramai, a low-cost, safe, non-contact and radiation-free breast cancer screening software for early detection.

Water-tech companies like Swajal design, manufacture and assemble water ATMs that vend water at affordable prices using IoT. Agri-tech companies like DeHaat provide an online platform that connects small farmers with micro-entrepreneurs supplying different farm inputs and offering services.

Jobs that require specific motor skills have traditionally been off-limits for those without a full range of physical movements. Robots are expected to take on some elements of these, opening up previously inaccessible jobs to those with disabilities. For those isolated by geography, delivery by drones will enable those normally outside of companies’ high-speed shipping zones to order products at short notice, something usually reserved for more densely populated urban areas.

Being able to order clothes or groceries for delivery within hours rather than days might seem frivolous, but it’s exactly these kinds of services that will bring populations who are at the fringes into mainstream society.

All of the above examples illustrate the power of technology to democratise access and drive affordability at scale. All these may seem too good to be true and there are, as always, reasons to be cautious or skeptical. Advances in technology have historically led to increased inequality, not less, as those that can afford the new developments take advantage of them before less privileged people are able to do so. More basic technology may spread further as a result, but cutting-edge technology often remains in the hands of the rich.

However, unlike in the past, we are increasingly witnessing the power of technology through real-world success stories that have brought the less privileged and unbanked to the mainstream fold. The increasing recognition and growth of impact investing and venture capital focused on social impact startups bode well for the future and will play a key role in making the world flatter and a better place for all.

This is part of a series of articles in partnership with the NASSCOM Technology and Leadership Forum 2020, to be held in Mumbai from February 12-14. Read all stories in the series here.

This article first appeared on Quartz.

source: http://www.scroll.in / Scroll.in / Home> Tech Buzz /  Rishad Premji, qz.com – Quartz / February 11th, 2020

Entrepreneur Hafeez Kudroli Has A Million-Dollar Advice For All The Entrepreneurs Out There!

Bengaluru, KARNATAKA :

In an exclusive conversation, Hafeez speaks about the vision of his company, its biggest achievements and a lot of other things about his entrepreneurial life

Hafeez Kudroli
Hafeez Kudroli

Conglomerates are changing the entire scenario in the market with having a large number of subsidiaries under it. Kudroli World is the name which has shook the entire market and the companies under it are integrated with each other. Offering services in infrastructure, real estate, apparel, broadcast media, hospitality, food, sports, entertainment and fundraising among others; the business is surely a 360-degree model giving the best of everything to the end-users.

The man behind this huge business, Hafeez Kudroli took over the family business, ‘Kudroli Builder  Infrastructures Pvt Ltd’ and in 2 years, he has completed projects worth over millions. In an exclusive conversation, Hafeez speaks about the vision of his company, its biggest achievements and a lot of other things about his entrepreneurial life.

Q: What is your main vision of Kudroli World?

A: With the company having its subsidiaries in almost each and every field, the vision of Kudroli World is to create employment opportunities for maximum Indians. By employing them, my further plan is to utilize the people and make a dream team which will help to transform all the underprivileged people of India by making the country as one of the best business hubs of the world.

Q: What are the innovations you want to bring with Kudroli World?

A: I own a company named ‘SapienHR’. It is a human resource and technology-based firm. I am aiming to bring all kinds of technologies which can be availed by the youth at an affordable rate thus fulfilling their dreams. I am very keen to integrate this company under Kudroli World and bring this innovation by this year itself.

Q: What are your thoughts of getting into E-Commerce business?

A: A business idea is never wasted. I have been considering it but till now, I have not given a thought about it. E-Commerce has seen a drastic rise in the market with the products being just a click away. As per my current works, I don’t see myself getting into the E-Commerce section anytime soon.

Q: What has been the biggest achievement of Kudroli World?

A: The biggest achievement lies in the people of the company. It is not just my company but the people’s company as well. I am the face of the company who runs it. However, some people are functioning excellently, and it is my team who is the real strength of Kudroli World. Their passion for work is what makes the company a big conglomerate. No money or power is more powerful than the passion for doing something.

Q: How do you manage to handle so many subsidiary companies under Kudroli World?

A: As I mentioned earlier, I have a good team of people who execute the plans in the best possible manner. I have shown immense trust and given the freedom to my team. With these two aspects, they have managed to handle many subsidiaries with much ease. As an entrepreneur, I understand to give employees the freedom to work by which they can easily take care of this multi-giant company.

Q: Any pro-tip for aspiring entrepreneurs?

A: If you have a plan, work towards it. If you have a dream, chase it. No force can stop your dream from to become a reality. Be as creative as you can and stand out of the box. To be the best, you need to be different from the rest. Don’t be a blind follower. Instead, create your own way and let people follow you.

source: http://www.mid-day.com / mid-day / Home>  Lifestyle News> Culture News / by Partnered Content , Mumbai / January 27th, 2020

National Seminar for Urdu teachers inaugurated at MANUU

Hyderabad, TELANGANA :

 Dr. Mohammad Aslam Parvaiz, Prof. Noushad Husain, Prof. Abdul Sami Siddiqui, Dr. Misbah Anzar and others are also seen.
Dr. Mohammad Aslam Parvaiz, Prof. Noushad Husain, Prof. Abdul Sami Siddiqui, Dr. Misbah Anzar and others are also seen.

Hyderabad:

Centre for Professional Development of Urdu Medium Teachers (CPDUMT) of Maulana Azad National Urdu University (MANUU) is organizing two days national seminar “Contemporary Issues in Teaching Urdu” for Urdu medium teachers on January 16 and 17.

The Vice-Chancellor, Dr. Mohammad Aslam Parvaiz presided over the inaugural session held today at CPDUMT auditorium, MANUU Campus. In his presidential address, he remarked that the main responsibility of the teachers is to ensure the all-round personality development of the students. Teaching is not a mere profession but it is a mission, he added.

Prof. S. M. Rahmatullah, the Registrar I/c, strongly supported usage of Urdu script to promote Urdu medium of education. Prof. Naseemuddin Farees, Dean, School of Languages, Linguistics & Indology delivered the keynote address.

Prof. Noushad Husain, Dean, School of Education and Training also spoke.
Earlier, Prof. Mohammed Abdul Sami Siddiqui, Director, Centre welcomed the gathering and briefed about the seminar.

Mr. Misbah-ul-Anzar, Assistant Professor, conducted the proceedings and Dr. Mohd. Akbar, Assistant Professor proposed the vote of thanks. The valedictory session of the seminar will be held on January 17 at 4.15 pm.

source: http://www.siasat.com / The Siasat Daily / Home> Education & Career / by Mohamme Hussain / January 16th, 2020

Hyderabad to host 1st edition of India international Halal expo

Hyderabad, TELANGANA :

Hyderabad:

IIHE (India International Halal Expo 2020) is staged to take place on the 18, 19, and 20 January 2020 at HITEX, Exhibition Centre in Hyderabad. With an expected 15000 visitors and more than 120 exhibitors, IIHE is set to be the Biggest International Halal Expo in India.

IIHE will be hosted by participants of major Halal Markets of the world (Indonesia, Malaysia, Turkey, , Thailand, U.A.E., Saudi Arabia, UK USA  and many other countries).

IIHE (India International Halal Expo 2020) welcomes all the major Halal Industries as exhibitors. Food & Beverage, Cosmetics, Healthcare, Tourism, Finance, Education, Real Estate & Modest Lifestyle to be a few of the major stakeholders in the Exhibition.

IIHE (India International Halal Expo 2020) intends to network all the major global Halal industries under one roof. We intend to enhance trade within the Halal Market and build an Eco-System which can sustain by itself.

Parallel to the Exhibition, IIHE (India International Halal Expo 2020) would also be having a 3-day International Halal Conference. The Halal Conference is expected to have regional as well as international dignitaries from the Halal industry of trade and commerce Along with Government officials

IIHE is partnered with Government Of Telangana, Federation Of Telangana Chamber Of Commerce & Industry,  “The Malaysia External Trade Development Corporation” (MATRADE-Chennai), “Istanbul Foreigners and Investment Centre” (IYMER), Salaam Gateway-Dubai, Indo-OIC  Islamic Chamber Of Commerce, American Halal Foundation, Halal-Welt (Germany ) , Halal Focus- UK, Collabdin- Singapore, and many more Halal trade organizations which will works as a binding force in trade negotiations for exhibitors to work on joint ventures regionally as well as globally.

As per the Latest research of Dinar Standard, Investments play an important role in driving substantial growth across the economy, there have been major developments. $1.2 billion was invested globally in Halal economy companies, reflecting a growth of 399% on comparable transactions across halal products, Islamic lifestyle & Islamic Finance compared to the prior year.

Muslims spends on food & beverages was valued at $1.4 trillion in 2018 and forecast to reach $2.0 trillion by 2024.

source: http://www.siasat.com / The Siasat Daily / Home> Business / by Mohammed Hussain / January 06th, 2020