23 October 2017

Ice T's wife Coco Austin, is mistaken for Croatia's Kolinda Grabar-Kitarovic | Daily Mail Online

Ice T's wife Coco Austin, is mistaken for Croatia's Kolinda Grabar-Kitarovic | Daily Mail Online

Gujarati Asmita versus Social Engineering: Who Will Win Modi's Homeland | knpost

Gujarati Asmita versus Social Engineering: Who Will Win Modi's Homeland | knpost

Rajinikanth Appreciates 'Mersal' Dialogues




Megastar Rajinikanth, who has been hinting at a political debut, has extended support to the team of controversial movie "Mersal" for addressing an "important topic".
"Mersal", Tamil actor Vijay's Diwali release, is amidst controversy after the Tamil Nadu unit of the Bharatiya Janata Party (BJP) demanded removal of specific dialogues which take a dig at the Goods and Services Tax (GST) and digital India.
"Important topic addressed... Well done!!! Congratulations team 'Mersal'," Rajinikanth tweeted late Sunday.
Politicians, including Congress Vice President Rahul Gandhi and DMK leader M.K. Stalin, apart from actor Kamal Haasan have slammed the BJP's attempt to muzzle criticism regarding its policies.
Earlier this week, BJP National Secretary H. Raja even raked up actor Vijay's Christian origins.
"Joseph Vijay's hatred for Modi is 'Mersal'," he wrote, adding a communal flavour to the row.
Directed by Atlee, "Mersal" stars Vijay in the roles of a village head, a doctor and a magician. It is doing brisk business at the box office.

You don't have to stand up at a cinema hall to be perceived as patriotic: Justice Chandrachud - The Hindu

You don't have to stand up at a cinema hall to be perceived as patriotic: Justice Chandrachud - The Hindu

17 October 2017

‘Open All Night’ Policy - Impact on Retail, Food and Entertainment


Ashutosh Limaye, National Director – Research, JLL India


The Maharashtra State Government recently passed the Shops and Establishment (Regulation of Employment and Conditions of Service) Bill, enabling owners of shops, hotels, theatres and multiplexes in the state to keep their establishments open round the clock, with an easier process of getting permissions and licenses.

This means that malls, multiplexes, restaurants and even small shops can be kept open till late in the night, with the caveat that police permission is required. This is in accordance with the Model Shop Act proposed by the Centre to facilitate ease of doing business, and the bill is now awaiting clearance from the legislative council.

On directives from Chief Minister Devendra Fadnavis, the State Government and BMC are also conducting a pilot project on Mumbai’s Nightlife. This project which will demarcate 3 non-residential zones in Mumbai which can operate until the wee morning hours (as late as 4 AM) and have liquor licenses.

Once enforced, these two regulations are likely to boost F&B, entertainment and retail markets in the ‘city that never sleeps’, as large malls, high street establishments and restaurants will see a gradual increase in footfalls. We are also likely to see rooftop restaurants opening in five star hotels, as the rooftop restaurants policy is being actively reconsidered by the Government.

In fact, even the food trucks are in for a new lease of life. Mumbai currently does not have a clear regulatory framework for this business model, and the CM has issued a directive to formulate a special policy to encourage the food trucks business.

The increased hours for shopping and entertainment can have several implications:

·         Increased footfalls in malls – which will however be gradual as mall operators will first test the waters by keeping malls open for only a couple of additional hours. F&B is likely to benefit most
·         Increased impulse purchasing rather than planned shopping during these additional hours. The rub-off effect for shopping is likely to come from late night diners
·         Increased revenues for hospitality retail - especially pubs, coffee shops, fine dining restaurants and quick service restaurants (QSRs) - likely to be driven by younger, late night shift BPO employee and time-pressed foreign tourists who want to experience Indian food and entertainment  
·         Increased employment in the retail and hospitality sectors, which will again happen gradually as regulations for shift workers slowly become streamlined. The Government is also taking steps to ensure safety of women retail employees doing late night shifts.
·         Offline retailers gaining more flexibility to compete with online players such as Flipkart and Amazon due to the extended shopping hours.
·         Easing of traffic congestion on the back of a more uniform spread of footfalls across 24 hours rather than a concentration of footfalls during particular hours.
·         Once regulated and formalized, the food truck business will gain visibility within malls as well, replacing the typical fashion accessories kiosks in the flea markets of malls. Currently NCR, particularly Gurgaon, has a number of food trucks offering superior quality international cuisine as well as experimental ‘fusion’ food options.
·         For entrepreneurs with real estate costs are always a major concern, food trucks offer a viable option for experimenting with a food business before investing in a restaurant.

As a general rule of thumb, value formats in Indian retail estimate footfalls between 6-10 PM as double of those seen from 10 AM to 6 PM. This applies to potential revenues as well. Generally, the same rule is accepted for weekends vs. weekdays, where weekends witness twice the footfall seen during weekdays.

With consumer behaviour generally following the pattern of shopping, movie/entertainment and dinner (in that order) the most likely beneficiaries of late night permissions will be the food and entertainment category. F&B and entertainment is already recognized as the key differentiator for India malls, as the space currently allocated to this category across some of the top malls illustrates:


The real benefit and outcomes of the policy will become evident only once it is implemented, and the spirit of the implementation will be a good indicator for assessing the essential benefits it brings.

16 October 2017

Gold biscuits

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12 October 2017

Talwars Acquitted In Daughter Aarushi’s Murder By Allahabad High Court

Rajesh and Nupur Talwar were sentenced to life in prison in 2013 for their daughter Aarushi Talwar's murder. They had appealed against their conviction.

Allahabad: Dentist couple Nupur and Rajesh Talwar have been acquitted of charges of murdering their teen daughter, Aarushi, in 2008, by the Allahabad High Court. Overruling a lower court verdict, the court has given them the benefit of doubt, saying that there is no clinching evidence that the Talwars are guilty. Aarushi was found dead in her bedroom at the Talwars' home in Noida near Delhi; then Hemraj, the family's Nepalese domestic help was discovered killed on the terrace. The Talwars were sentenced to life in prison in 2013. They had appealed against their conviction.

Here is your 10-point cheatsheet to this big story:

Aarushi was found with her throat slit in her bed, just days before she turned 14. At first, Hemraj, who was missing, was the main suspect, but the next day, his body was found on the roof of the apartment building where the Talwars lived.


Rajesh Talwar was arrested seven days after the murder and spent two months in jail before getting bail. Both Rajesh and his wife, Nupur, have been in jail since November 2013.


The case became a sensational story dividing public opinion on who killed Aarushi; a book and a film have been made on the double murder.


The CBI had asked for the death penalty when the Talwars were convicted by a local court in Ghaziabad four years ago.


Early in the investigation, the Noida police alleged Rajesh Talwar had murdered Aarushi and Hemraj in a rage after finding them in a compromising situation. But they offered no forensic or material evidence to substantiate this claim.


The Talwars denied the murder and blamed sensational media coverage for demonising them and damaging their defence.


The judge who found them guilty four years ago said they had also destroyed evidence.


The initial police investigation was widely criticised, prompting the CBI to take over the case. It based its prosecution largely on circumstantial evidence, but said it was enough to prove that the couple had committed the crime.


In December 2010, the CBI told the court that it had no evidence in the case but suspected Rajesh Talwar of the double murder. The court said that the case could not be closed.


The CBI said that there was no evidence of the Talwars' home being broken into, which suggested that the double murder was an inside job. It also argued the "last-seen theory" -- which holds that the victims were last seen with the Talwars on the night that the murders were committed.


09 October 2017

VAT on fuel reduced by 4%, petrol price cheaper by Rs 2.93, diesel by Rs 2.72

VAT on fuel reduced by 4%, petrol price cheaper by Rs 2.93, diesel by Rs 2.72: Gujarat CM Vijay Rupani


                                             

VAT on fuel reduced by 4%, petrol price cheaper by Rs 2.93, diesel by Rs 2.72: Gujarat CM Vijay Rupani


The price of petrol will go down by Rs 2.93 to Rs 67.63/litre while the price of diesel will go down by Rs 2.72 to Rs 60.77/litre

Gujarat Chief Minister Vijay Rupani, on Tuesday, declared to cut Value Added Tax (VAT) charged by it on petrol and diesel by four per cent. So far, the government has been levying 24% VAT on petrol and diesel. With this announcement becoming effective from midnight, the new rate of petrol and diesel in Gujarat will be Rs 67.53 and Rs 60.77 per litre respectively. And it will cause decrease in the annual income of the state government by Rs 2316 crore, said Rupani.

As Gujarat is going to polls later this year, the announcement is being seen as an attempt by the government to woo public. However, Rupani refused to call this as an election oriented announcement.

“Some days back, Central Government had announced cut in excise on fuel and it had also recommended state governments to consider change in their taxation so that people of the country can have relief in charges of petrol and diesel. Elections are coming in Gujarat, but not in other states. Plus, this is going to be a long term and steady rate,” said Rupani.

Deputy Chief Minister Nitin Patel who is holding the Finance portfolio called the decision as ‘Diwali gift’ to the people of Gujarat and said, “We will have cut in the income due to this decision. But we are hoping that due to cheaper rate of the fuel, vehicles of bordering states will also buy fuel from Gujarat which will compensate the loss of income to some extent as the sale of the fuel will increase.”