Category Archives: Business & Economy

Port makes turnaround after a decade

Achieves all-time high cargo throughput of 29.14 million metric tonnes for 2017-18

Helped by a substantial increase in cargo throughput, the Cochin Port Trust made a net surplus of ₹4 crore during 2017-18, a turnaround after 10 years. The port had reported net loss of ₹40 crore during 2015-16 and ₹27 crore during 2016-17.

Port chairman P. Raveendran told a press conference here on Thursday that the port achieved an all-time high cargo throughput of 29.14 million metric tonnes for 2017-18, an impressive growth of 16.51% over 2016-17. The cargo growth rate in Kochi is the highest amongst all the major ports in the country. Container traffic grew 13% during the period.

The port handled a traffic of 29.14 million tonnes of cargo during the last financial year against 25.01 tonnes during 2016-17. Container cargo traffic touched 5.55 lakh TEUs during the last year against 4.91 lakh TEUs in the previous year. The growth is 13%.

Total petroleum oil lubricants (POL) handling improved from 15.79 million tonnes during 2016-17 to 18.66 million tonnes during 2017-18, a growth rate of 18.17%. Kochi is also the most preferred cruise destination port in India with 42 cruise vessels calling at the port during 2017-18.

The port, exploring new business, also handled coastal steel cargo of Rastriya Ispat Nigam, Visakhapatnam with effect from October 2017. The port attracted river sand and ilmenite vessels during the current year and handled 1.33 lakh tonnes and 0.37 lakh tonnes respectively during 2017-2018.

The introduction of incentive and penalty scheme under the berthing policy of the Government of India with effect from June last year has helped achieve higher productivity in handling POL and cement.

Deal with Navy

Meanwhile, the port has signed a memorandum of understanding with the Indian Navy for utilising the Q2-Q3 berths at the Mattacherry wharf of the port for berthing naval ships. The agreement was signed in early January this year and as per the MoU, Cochin Port’s Q2 and Q3 berths at Mattacherry wharf, totalling 228 m of quay length, is being handed over to the Navy for five years for berthing their ships.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Kochi / by Special Correspondent / Kochi – April 06th, 2018

Pinarayi opens Thiruvananthapuram’s first mall

A view of the interiors of the Mall of Travancore in Thiruvananthapuram on Friday. PHOTO: S. Gopakumar

‘Mall of Travancore’ is the capital’s first state-of-the-art shopping mall that has come up near Chakka on the NH 66 bypass.

Chief Minister Pinarayi Vijayan on Friday opened Malabar Group’s ‘Mall of Travancore,’ the capital’s first state-of-the-art shopping mall that has come up near Chakka on the National Highway 66 bypass.

Spread over 6.5 lakh sq ft in three floors, the mall with over 150 stores of 300 brands has been set up at ₹400 crore on seven acres near the international terminal of Thiruvananthapuram airport. Seven multiplex theatres, Playaza — a 15,000 sq ft play area with 11 indoor rides, 9D theatre, 60 video kiosks — a hyper market, jewellery showrooms, electronics and home appliances showroom, showrooms of lifestyle products, and a food court with 22 multi-cuisine restaurants are the attractions.

Houses for homeless

Speaker P. Sreeramakrishnan presided over the function. At the function, the Chief Minister also inaugurated the CSR Project of the Malabar Group, under which houses will be built for homeless people. MD (International Operations) Shamlal Ahammed and India operations MD O. Asher jointly handed over the funds to Mr. Vijayan for this purpose.

Showrooms of the different brands inside the mall were launched by Mr. Sreeramakrishnan, Ministers . E. Chandrasekharan, T.P. Ramakrishnan, K.T. Jaleel, A.K. Saseendran, K. Raju, P. K. Kunhalikutty, MP, and V.S. Sivakumar, MLA.

Mayor V.K. Prasanth handed over the Green Mall interim certificate to the management. Group Chairman M.P. Ahammed inaugurated the Carnival Group’s multiplex theatre.

Legislators O. Rajagopal, K. Muralidharan, K.C. Mammad Koya, A. Pradeepkumar, A.N. Shamseer, P. T.A. Rahim, P.K. Abdu Rabb, KPCC president M.M. Hassan and BJP State president Kummanam Rajasekharan were present.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Thiruvananthapuram / by Special Correspondent / Thiruvananthapuram – March 23rd, 2018

A life lived less ordinary

Philanthropist V Damodar faced vicissitudes bravely and came out trumps on his terms

Sharjah, 1975: From a settlement with small palm-frond ‘arish’ houses hugging the creeks, the region, no more than a village-like city, was slowly moving towards development. That is when V Damodar landed there. In the 11 years he worked there, Damodar saw the Emirate grow into a centre of culture and industry, a growth in which he had a significant role.

“The Indian population, mostly Malayalis, in Sharjah was hardly 20,000. Only one restaurant there dished out Indian fare, which forced many like me to go to Dubai for lunch every Friday. There were just a few tarred roads and a couple of multi-storied buildings. I had to make adjustments to cope after having relocated from Bombay, a huge city even then,” says Damodar, who rose from humble beginnings to become the vice-president of GGP Group of Companies, one of the major business groups in the UAE.

This was a roller-coaster phase in Damodar’s life – along with success, fame and fortune, he slid down the road to desperation, forcing him to leave the Emirate, destroyed but not defeated.

Like his autobiography titled Fortitude, thoughts flow, unbroken, when Damodar talks. Shorn of political correctness and hypocrisy he allows memories to tumble. “Writing about my life was something I had not dreamed of. If it were planned I would have kept a diary. It was impulsive, the contents purely based on memories, and available records like photographs. There’s no attempt to edit my thoughts,” says Damodar, whose signal contributions include founding the Sharjah Indian School and Indian Association Sharjah.

As Finance Manager of the company, Damodar had to oversee numerous capital projects in keeping with the developments in Sharjah. “Almost simultaneously we were working on the construction of a modern airport and over a dozen high-rise buildings to be called Rolla Square. We had new divisions within the company and our Sheikh, who was the brother of the Ruler, was building a 11-storey tower for himself. Our organisation was also growing, diversifying into transport, aluminium, carpentry and also a travel agency, Sharjah National Travel and Tourist Agency (SNTTA). And all of them prospered.”

Founding the Indian Association Sharjah in April 1979 as a service organisation for the welfare of the community especially in Sharjah and establishing the Sharjah Indian School remain Damodar’s enduring contributions to the Indians in particular and the Emirate in general.

For the people

“We started the school on September 3, 1979 with 346 students and had classes from nursery to the fifth standard. We upgraded it to eighth standard the next year. In four years time the first batch wrote the public examination successfully. We constructed our own building on the land provided to us by the Ruler. The school has progressed steadily and presently has about 15,000 students. The Indian Association Sharjah, as a community organisation, owns and manages the school.”

Getting Air India to commence operations to and from Sharjah in 1981 was possible only through Damodar’s persistence. “It began when I was snubbed by the then regional director of Air India who termed my idea as ‘ridiculous’. I decided to pursue it. Meeting Ravindra Varma, then Minister of Labour and Parliamentary Affairs, Government of India, was the turning point. I managed to convince him to visit Sharjah and took the Minister and his entourage to the airport and met the Director General of Civil AviationI also showed him the correspondence I had with the Air India Chairman. The Minister returned to Delhi and did not forget his promise. And soon things fell in place and in March 1981 the first Air India flight landed in Sharjah. It was an unexpected but gratifying moment.”

These were ‘happy moments’ in a life that was punctuated by long phases of struggle and gloom. Like some passages in the book where the prose becomes intimate, Damodar’s eyes well-up, his voice breaks, when he speaks of his life’s struggles.

Damodar relives past events with insightful intent. His writing appears like a soul-cleansing exercise.

“Looking back at my life, it sometimes appears unbelievable considering where I began. Kaipuram, in Palakkad district, was an extremely undeveloped village. I had to walk nearly 15 kilometres every day to school. Childhood was a mix of fun and the constant worry of trying to meet basic needs. Perhaps this made me responsible even as a child encouraging me to do odd jobs to supplement the family’s income. Though I completed my Secondary School Leaving Certificate exam with high marks I could not continue my education.”

After a short stint at a typewriting and shorthand institute, Damodar left for Bombay looking for a job. “When I left home in 1960 the whole world was open before me. And it opened unexpectedly. Bombay shaped my career. I found a job as a typist with a meagre salary, studied part-time, took a diploma in secretarial practice, gained a university degree, Associateship from the Corporation of Secretaries, London and Fellowship from Institute of Company Secretaries of India.”

Joining Nagpal Ambadi Petro-Chem Refining Limited as Company Secretary, Damodar worked from its inception to public issue of share capital and arranging of institutional financing. He then moved on to another major group before moving to Sharjah.

Hard times

“In Sharjah I knew that I was surrounded by people who were envious of my growth. The Sheikh himself had warned me many times that ‘my own people,’ the same people I had employed nurtured, had approached him with complaints against me. A Palestinian/Jordanian and a Pakistani also joined them. They managed to sway the Sheikh’s opinions. When I realised that he seemed to have lost confidence in me , I resigned. I was vice-president of the group but left without getting a penny as the Sheikh refused to settle my accounts.”

Undeterred, but having decided not to work as an employee for anyone again, Damodar set up businesses in the UAE, India, Botswana and Zimbabwe. “The soft drinks company in India collapsed owing to misappropriations. In Botswana, I was part of a business but had to quit owing to ethical differences. I founded the Afroworld Group that grew into five active member companies; started a similar venture in Zimbabwe but had to leave, disillusioned and disgusted, owing to politically motivated difficulties. Right through I was let down by people I considered close to me.”

Damodar is now settled in Coimbatore, where he lives with wife Thankam. Their son Sumod who is the chief of Afroworld Group in Botswana, is an avid cricketer and administrator. He played for Botswana, holds various administrative posts with Botswana Cricket Association and Africa Cricket Association. Last year Sumod was elected to the Chief Executive Committee of the International Cricket Council.

source: http://www.thehindu.com / The Hindu / Home> Books / by K. Pradeep / March 19th, 2018

Fine art from weeds

Students of the Buds Rehabilitation Centre (BRC), Aryad, displaying handicrafts made of water hyacinth.

Here is a solution to the water hyacinth menace

They are students with special needs. But at the Buds Rehabilitation Centre (BRC) in Aryad, they are doing extraordinary things.

Any one visiting the centre can see the students busy chopping water hyacinths collected from a nearby waterbody.

The chopped parts, except roots, are then boiled and transferred to a mixer for extracting pulp.

Under the watchful eyes of their instructor (rehabilitation worker), the students mix the pulp generated with paper pulp, and in no time, they are moulded into beautiful handicrafts.

These students, most of them suffering from cognitive disorders, are offering a unique solution to the vexing problem of water hyacinth, one of the most invasive aquatic weeds which is choking the life out of several freshwater ecosystems in the State.

“Articles made of water hyacinth are the latest addition to an array of products we prepare at the BRC,” says BRC rehabilitation worker Vineetha Rajesh.

“Of the students undergoing vocational training in the BRC, some are experts in making soap powder, others in producing lotion, among other things. Recently, we trained students to make toys and decorative items from water hyacinth. Some of the students are very good at it and the products they made were displayed at an expo organised by the Kudumbasree. We are now planning to create more items,” she said.

Eco-friendly

Last year, Vineetha was among the Buds school teachers, Kudumbasree members, and students who had undergone a one-day training on the value-addition of aquatic weeds offered by the community training centre under the Centre for Research on Aquatic Resources (CRAR) at SD College, Alappuzha.

The activities of the CRAR are funded under the Biotechnology Innovations for Rural Development (BIRD) programme of the Kerala  Biotechnology Commission.

The CRAR led by its principal investigator G. Nagendra Prabhu is on a mission to put aquatic weeds to good use. From various aquatic weeds, the centre has developed material for mushroom cultivation, biomass briquettes, and modified hydroponics.

In the process, the researchers also found that pulp generated from water hyacinth could be used for creating handicrafts; utensils; utility articles like multi-purpose boards; egg and fruit trays; disposable plates; painting canvases; and so on.

“Over the years, crores of rupees have been spent to keep invasive species like water hyacinth under control, but with no effect. The CRAR has developed a number of solutions for the control and value addition of aquatic weeds modelled on concepts like eradication through utilisation and use to reduce. We are happy to see that the technologies, we developed are being commercialised. These eco-friendly technologies can be developed into an alternative livelihood programme in the future,” Mr. Prabhu said.

Kudumbasree Assistant District Mission Coordinator N. Venugopal said that the project would be extended to all nine BRCs in the district soon.

source: http://www.thehindu.com / The Hindu / Home> News> States> Kerala / by Sam Paul A / Aryad(Alappuzha) – March 27th, 2018

A door of opportunities for many

Kudumbasree member Bindu Wilson narrates her experiences at a talk show in the city on Wednesday. | Photo Credit: S. GOPAKUMAR

Awe-inspiring stories of Kudumbasree women who overcame many odds.

From running a small neighbourhood unit in 2004 to an Amritha Nutrimix unit with a turnover of ₹2.5 crore today, M.V. Bhagirathi has indeed come a long way. She was among the 28 women from the Kudumbasree network across the State who narrated inspiring stories of overcoming steep odds at Prathidhwani, a talk show, here on Wednesday.

Some of the women, like Bindu Wilson, a community counsellor, had been part of the Kudumbasree for long while others like Prasanna Kumari were recent entrants. But the common thread running through their lives was how Kudumbasree opened a door of opportunities for them, motivating them, and honing their innate talents.

Many odds

These women have overcome many odds – Prasanna Kumari belonged to an impoverished family, while T.T. Ramla of Wayanad got married at the age of 15, and Bindu Wilson’s husband was paralysed.

The support from Kudumbasree helped them overcome these challenges and face life with confidence.

Bhagirathi who was a postgraduate when she joined Kudumbasree has now registered for her PhD, while Ramla, who could not even complete her class 10, is a postgraduate in psychology and became a district panchayat standing committee chairperson.

Besides being a gender resource person, Bindu is also a community counsellor who helps other women to emerge stronger from their circumstances.

Besides gaining from the Kudumbasree network, the women have given back to society and the network and inspired others to dream and succeed.

Ramla’s microenterprise has grown to 15 women and she designs clothes and is planning to go online soon.

Bindu launched a two-wheeler army of women to provide the elderly in her area support such as taking them to hospital or going to the market for them and also a blood donation group.

Aji, another Kudumbasree member who is a municipal councillor today, works in palliative care, associates with the Kerala Sasthra Sahithya Parishad on environment issues, and is a Nirbhaya gender team member. Bhagirathi has developed a software for handling accounts of the Nutrimix units in the district, and conducts classes across the State to inspire other women to start Nutrimix units.

Prasanna Kumari wants to teach girls from poor families so that they can stand on their own feet, like she did.

The women, each with their unique story, are a testament to the difference Kudumbasree has made in lifting women from poverty to becoming leaders, capable of initiating more change.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Thiruvananthapuram / by Staff Reporter / Thiruvananthapuram – March 22nd, 2018

Startup firm brings medical lab tests right at your doorstep

Thiruvananthapuram :

Startup firm picke2heal has introduced a application that makes medical laboratory tests cost effective and brings a wide range of lab services to the doorsteps of the patients.

Through the app or website (pick2heal.com) patients can select a list of labs that conduct the tests along with prices and an option to book the test at special rates. If one needs the service at their doorstep, it will be provided at a discount price from the best labs nearby.

The company, headquartered at Kerala Start-up Mission (KSUM) in Technopark here, plans to launch its service in Kochi soon. The timesaving facility brings transparency in medical testing and creates a level playing field in laboratory testing. The platform allows the patients to access the test report from anywhere at any time and can be useful as an online repository for the same.

Prasanth Peethambaran, who founded the company with the idea of aligning the interests of customers and diagnostic centres, said “Our mission is to solve the problems of the medical domain with technology and innovation. You can check prices and book tests online through the website or mobile app.”

“We have some criteria of choosing labs and that is how we ensure that the patients get the best service at an affordable price at their doorsteps. Health, wealth and time – three of them are important in today’s fast moving life,” he opined. The first step in the process was to break certain misconceptions, said Peethambaran.

“For instance, our natural assumption was that patients go to the labs that their doctors recommend. But there is a new category of educated patients, who research the tests and search for alternatives. They are our target customers. When we take 1,000 people, around 200 of them will have chronic problems like diabetes and thyroid. They should have to do blood tests like HbA1c and TSH on every two to three months interval without any doctor’s prescription,” he explained.

Pick2heal has also tied up with diagnostic labs to offer discounts on tests booked through their website or app. Around 70% of treatment decisions in India are based on test results and diagnostics services constitute one of the most critical components of medical care.

source: http://www.timesofindia.indiatimes.com / The Times of India / News> City News> Thiruvananthapuram / TNN / March 20th, 2018

MGU: Start-up for organic farming launched

The dedicated start-up for students in organic farming was launched at Mahatma Gandhi University on Saturday.

Speaking on the occasion, S. Venkataraman, chief general manager, State Bank of India, underscored the key role the youth had to play in infusing fresh ideas and finding lasting solutions to the problems faced by the farming community.

Studies showed the income levels of the farming community had to be doubled in the immediate future. This showed it was high time the youth reached out to farmers with new ideas, he said. Laying stress on the need for entrepreneurial interventions, he said the nation was looking up to them.

Bankers would only be ready to support financially any viable project.

In his address, Babu Sebastian, Vice Chancellor, said the initiative would trigger innovations in organic farming, sustainable agriculture and waste management. The business incubation centre and the patent centre were expected to bring in revenue for the university, he added.

source: http://www.thehindu.com / The Hindu / Home> News> States> Kerala / by Special Correspondent / Kottayam – March 17th, 2018

Family contests GI tag for Aranmula mirror, says their formula was leaked

The unique mirror, made of high-tin bronze in a secretive metallurgical formula, has found patrons across the globe.

Kochi :

The geographical indication (GI) of Aranmula mirror  — the first product from Kerala to receive the tag in 2005 — has been contested by a family that claims to have developed its technology. The unique mirror, made of high-tin bronze in a secretive metallurgical formula, has found patrons across the globe.

Members of Thikkinampallil family, hailing from Aranmula in Pathanamthitta, have contested the GI tag given to Viswabrahmana Aranmula Metal Mirror Nirman Society (VAMMNS) by the Geographical Indications registry. “We have moved the Chennai registry to cancel the tag for Aranmula mirror and instead give it to our Thikkinampallil Aranmula mirror,” said M C Sureshbabu, secretary of Thikkinampallil Aranmula Metal Mirror Nirman Family Charitable Trust (Thikkinampallil Trust).

The family also plans to move court against the tag. Sureshbabu said his predecessors were brought from Shankaran Kovil near Thirunelveli by a former Pandalam raja for the construction of Aranmula Parthasarathy temple. “The manufacturing technique of the mirror was developed by one of our family members through trial and error. We have a certificate given by the Travancore ruler to one of our family members in the 1940s to attend an exhibition to support our claim that our family had traditionally been into Aranmula mirror making. The formula, however, leaked through workshop assistants,” he said.

The website of GI registry shows that the application from Thikkinampallil Trust is being examined. “The first sitting on our application is over; we are awaiting the examination report,” James said.

‘ Application from Thikkinampallil Trust being examined’

“We have a certificate given by the Travancore ruler to one of our family members in the 1940s to attend an exhibition to support our claim that our family had traditionally been into Aranmula mirror making. The formula, however, leaked through workshop assistants,” he said.

The website of GI registry shows that the application from Thikkinampallil Trust is being examined. “The first sitting on our application is over; we are awaiting the examination report,” said Febin James, legal counsel to Thikkinampallil Trust.

The immediate provocation for the petition with the GI registry was the opposition from VAMMNS to Sureshbabu’s mother Maniammal opening a mirror dealership near Aranmula temple nearly three years ago. “We have a certificate given by the Travancore ruler to one of our family members in the 1940s to attend an exhibition to support this. The formula, however, leaked through workshop assistants,” Sureshbabu said.

Society founding president A K Selvaraj said it tried to stop the sale of mirrors as Maniammal’s shop had been sourcing them from a relative’s workshop in Cherthala. “When something is GI tagged, it should be produced in that region only,” he said. “A member of Thikkinampallil Trust was the founder treasurer of VAMMNS but the relationship soured after VAMMNS decided to impose holograms on products.”

James said VAMMNS couldn’t insist on manufacturing mirrors in Aranmula. “Unlike the Darjeeling tea, which is very much tied to the locality where it is grown, the Aranmula mirror is a technology-based product and it could be made anywhere,” he said.

source: http://www.timesofindia.indiatimes.com / The Times of India / News> City News> Kochi News / by Shenoy Karun / TNN / January 04th, 2018

Marayoor jaggery to get GI status

Awareness meeting of sugarcane farmers and jaggery producers on Jan 4

Marayoor jaggery, a world famous delicacy, will soon get Geographical Indication status. The documentation and scientific studies on this unique jaggery are in the completion stage.

Marayoor and Kanthalloor Panchayaths in Idukki district are famous for the unique product Marayoor jaggery or Marayoorsharkara.

Marayoorsharkara is one of the sweetest jaggeries produced in the area using traditional technologies. High sweetness without salty taste, high content of iron, less sodium content, less insoluble impurities, organic method of production and dark brown colour are the unique characters of this traditional sharkara.

A meeting of the apex body constituted for the GI registration of Marayoor jaggery chaired by Minister for Agriculture V.S. Sunil Kumar at Kerala  Agricultural University on Thursday decided to submit the GI application at the earliest.

An awareness meeting of sugarcane farmers and jaggery producers will be held on January 4, 2018 at Marayoor as a prelude to this.

The quality of Marayoor jaggery is attributed to low temperature prevailing in the area, soil characteristics, quality of water used for irrigation and jaggery production, the traditional methods of production and sugarcane varieties used in cultivation.

Another specialty of this jaggery is that it is not made in factories using modern equipment, but in the jaggery production sheds located in the farm itself, in a traditional manner. The jaggery produced from the geographical area has a higher market demand than that produced from other regions, since it is very sweet in taste and is of good quality.

Marayoor sharkara without colouring agents will be dark brown in colour. Undasharkara (ball shaped, solid form) is the main product of the area while paani ( liquid form), flavoured sharkara and powder form are also produced in minor quantities.

The procedures for GI registration of Marayoor jaggery was launched on December 29, 2016 by Agriculture Minister V. S. Sunil Kumar. KAU Vice-Chancellor Dr. Chandra Babu R , Registrar Dr. Leena kumary , Director of Research Dr. Indira Devi and Dr. C.R. Elsy, Coordinator of IPR Cell participated in the meeting, along with apex body members.

source: http://www.thehindu.com / The Hindu / Home> News> States> Kerala / by Mini Muringatheri / Thrissur – December 29th, 2017

Keralite in tourism encyclopedia team

World’s largest encyclopedia on Tourism

‘Gods Own Country’, billed as one of the ten paradises in the world and one of the 50 must-see destinations of a lifetime, is now seeking attention through an academic contribution to the world’s largest encyclopedia in tourism.

Dileep M.R., a researcher in tourism-related issues and Head, Department of Tourism, Pazhassiraja College, Pulpally, Wayanad, has made this possible by getting nominated as a member in the expert team of hundreds of researchers and academicians from around the globe that prepared the Encyclopedia of Tourism.

Published by Springer, New York, the United States, the reference book, running more than 1100 pages, has elaborate descriptions consisting of definitions, explanations, examples/cases, and references for more than 700 key topics spanning travel, tourism, hospitality, and allied areas of the industry.

Dr. Dileep was included in the team based on his research paper published in the Asia Pacific Journal of Tourism Research brought out from Hong Kong.

“The encyclopaedia is more research-oriented, collects the essence of the world’s leading tourism research with its application, and provides authoritative definitions and explanations of all important tourism topics. It is going to be the epicentre of this emerging discipline of tourism,” says Dr. Dileep.

source:  http://www.thehindu.com / The Hindu / Home> News> Cities> Thiruvananthapuram / by S. Anil Radhakrishnan / Thiruvananthapuram – December 29th, 2017