Browse Category: Market

How a Gujarati immigrant went to Johannesburg and set up a legendary hat-making store

How a Gujarati immigrant went to Johannesburg and set up a legendary hat-making store

Nothing brings style, history and social organization instead of a hat. When the Europeans began operating with India in the 16th century, they were known because they had never been revealed in the head. They became the kulahposhan – people hat.

In India, one was recognized by the style and turban ornativité that it was. There was, of course, a cap of any kind was forbidden. Keep head to head in sign of greater status: chestnuts in the English squires to Edwardian England and lower castes face the upper caste owners should reveal their heads.

“To go cap in hand” as much as “I put my turban on his feet” say deference and hope for mercy or patronage. For the rich, of course, hats have become symbols of excess. The Stovepipe hats for men and baroque foliage on the hats worn by women at Ascot Racecourse meant luxury and status: a preference for extravagance in comfort.

Hat making was associated with madness as much as political activity. Hatters in France were the first to organize themselves politically as a guild in France from the 17th century. Prolonged exposure to the mercury used in healing felt, led to the eruption of hats manufacturers and was called Crazy Singer Syndrome.

If caps were universal and coverage or discovery of the head had multiple meanings in different cultures, caps manufacturers were also part of a larger circulation universe, fluidity and fashion.

For Mabro hats, Johannesburg, the story begins with the immigrant Gujarati Uka Bhikha Prajapati, traveling across the Indian Ocean to South Africa, following the influx of contract labor. His fascinating history is told in the Masters mansions recently published by photographer Mark Lewis and Tanya Zack writer.

Although the Potter caste, Bhika Uka decided that making hats would be the source of wealth in this outpost of the British Empire. The ocean and the geographic distribution of the Empire were very fluent to those of the house implacable hierarchies. The movements intended anonymity and thus mobility.

Bhika Uka changed her name Prajâpati in Master, which means skill, education and state. Established in 1932, Mabro hats used 80 workers and produced 100 matches per day: 300,000 per year at its heyday in the mid-20th century. Mabro, while a diminutive form of Maestros Brothers had sound resonances beyond their threshed sound.

Evocative class (Duke of Marlborough); Style (the Marlboro man in his Stetson); And the street jargon “bro Ma ‘” (my brother), which was a resonant surname election. And the hat became a world of materials and trade that exceeded the empire. The wine material from around the world, such as modes: France, Switzerland and even “busy Japan”.

Mr. Master has acquired ownership of the lands of humans, the western boundaries of Johannesburg. In the middle of grabbing apartheid, he and his two business partners have completed a six-story building with a Hindu temple at the top. Taking into account smuggling laws, the Areas Act group and the strict separation between races (reminiscent of caste system in India), Master Mansions became the resting point of India Travel.

Reliance Jio's Rs 500 4G phone leak shows its design and reveals full specs

Reliance Jio’s Rs 500 4G phone leak shows its design and reveals full specs

Reliance Jio’s Rs 500 4G phone leak shows its design and reveals full specs

After changing space telecommunications with gifts and unlimited calling service, Jio is now ready to enter the telephony market.

A leaked report last week revealed that Jio is likely to launch a dedicated telephone Rs 500 at its annual general meeting (AGM) on July 21, but the company has not yet confirmed anything about it.

But before its release, Jio’s 4G phone photos were revealed. The images show the design details and the key information.

Two new reports – both TechPP and TelecomTalk – reveal almost every detail about the new phone with Jio.

And the two quotes look pretty similar. Both reports indicate that the new Jio feature will be released under the LYF brand.

The company has already launched several smartphones of the LYF brand, and is said to launch a phone with a feature that will be priced at 500 Rs.

The following Jio phone feature should be equipped with a 2.4-inch display, while the camera employs a dual language down keyboard.

In addition, the live images show that the device is equipped with a dedicated flashlight and next to which are the menu buttons and the back and call buttons. Everything is on the front of the unit.

On the back, the phone has a 2 megapixel camera is similar to the Nokia 3310 (2017).

The leak shows that Jio’s 4G VoLTE handset will come with 512MB of RAM along with 4GB of internal storage, which can be extendable up to 128GB via a microSD card.

There are no details about the processor inside the device. However, since it supports 4G, it is likely that it could use a Qualcomm processor input.

For example, this could be the Snapdragon 205 SoC, a Qualcomm processor made specifically for very cheap 4G mobile VoIP.

The phone features VoLTE 4G functionality will support SIM only Jio dependency, which clearly shows that this handset is designed to increase the subscriber base of Jio.

The company wants people to buy your phone, then use the Jio network. However, TelecomTalk also reports that the phone has features can be equipped with two SIM card slots. One of these slots accept a generic 2G SIM, while the other is for a 4G SIM card provided by Jio.

The main feature of the phone would be the device’s ability to run some applications such as Jio Jio TV, Jio Cine and others.

It is said that the device comes with a voice assistant. Live images indicate that Jio phone function can work on the KAI operating system, which is apparently a forked version of Firefox OS.

The phone has been seen with a dedicated application store called KAIOS plus, which probably indicates that the device can support applications like Facebook and WhatsApp.

Despite all that is revealed (probably) July 21 at present there are a number of reports that claim that the 4G phone will have Jio priced at Rs 500 or somewhere around it.

However, the specs and features we see also shows a phone that could be a bit more expensive.

There is no doubt that Jio subsidize the phone because its actual manufacturing cost can be around 1,500 Rs. In this context, we believe that the 4G Jio phone could have a price between Rs 500 and 1,000 Rs.

PMO looking for Math tutor: Rahul mocks govt as RBI still counting banned notes

PMO looking for Math tutor: Rahul mocks govt as RBI still counting banned notes

PMO looking for Math tutor: Rahul mocks govt as RBI still counting banned notes

Congress was on Thursday at the RBI to count more prohibited bills, with Rahul Gandhi said the government is looking for a math teacher and they soon apply to the PMO.

“GOI looking for a math teacher. Please apply as soon as possible for PMO,” Gandhi said on Twitter, noting a bulletin quoted Urjit Patel, the governor of the RBI, saying that central bank accounts always demonetized notes.

Earlier, senior party leader P Chidambaram took a look at the RBI to buy ticket counts machines eight months after the demonetization and asked the federal bank if she had heard of rental equipment. ”

“Buy tickets RBI counting machines 8 months after demonetization! RBI has not heard of” leasing, “he wrote.

Chidambaram also amused NDA Mudra program, the government claims to have provided self-employment opportunities to more than 7 million rupees people, especially young people.

“7.28 million rupees youth self-employed under Mudra loan scheme ‘- this is the title of the mythological series can apply from today’s writers.” Has it been posted on Twitter today.

The former finance minister criticized the decision to demonetize the government and said it hit the country’s economy and growth prospects.

RBI governor Urjit Patel during his appearance before a parliamentary panel said the banned banknotes were still counted and therefore he was not able to give a figure on the currency that was left in the system.

In appearing before the Standing Finance Committee yesterday, Patel did not provide a “specific number” of the amount of money that has been deposited after the demonetization.

Prime Minister Narendra Modi presented notes from November 8 Cash of Rs 500 and 1,000 miles.

Tata Sons announces appointment of new Group Chief Digital Officer

Tata Sons announces appointment of new Group Chief Digital Officer

Tata Sons announces appointment of new Group Chief Digital Officer

Tata Sons, announced on Thursday the appointment of Ms. Aarthi Subramanian as digital director of the Tata group. Ms. Subramanian will report to NAND Chandrasekaran, CEO of Tata Sons, in her new role.

Professional with more than 26 years of experience in the global technology sector, Ms. Subramanian began her career at Tata Consultancy Services and worked several roles in India, Sweden, the United States and Canada, achieving the rewarding experience for consultation And the implementation of large-scale projects and technological and program management operations.

He is currently CEO of Tata Consultancy Services, responsible for the company’s digital incursion, excellence in customer engagement and delivery management.

He was also responsible for the management of key initiatives such as digital excellence, agile and operational in Tata Consultancy Services. Ms. Subramanian will remain on the Board of Directors of Tata Consultancy Services as a non-executive director.

Mr. N. Chandrasekaran, Chief Executive Officer of Tata Sons, said: “Aarthi has a strong track record of successful large teams to achieve excellence in customer service delivery and was a strong proponent of value added proactively to customers.

As the leader of the digital group, it will play a key role in driving digital adoption among group companies, as well as digital group initiatives.

Having worked with Aarthi for many years, I know that their experience and commitment will be very useful for the creation of a Tata Group ready to go in the digital economy. ”

“I am delighted to have the opportunity to work again under the direction of Chandra. The Tata Group is a unique institution with great strengths and it will be my effort to help the group introduce many new economic opportunities arising in the digital economy,” he said. Mrs. Subramanian.

Ms. Subramanian graduated in Computer Science from the National Institute of Technology, Warangal, India and holds a Masters in Engineering Management from the University of Kansas in the United States. It will take the new role in August this year.

Models pose on airstrip during take off, DGCA orders inquiry: Report

Models pose on airstrip during take off, DGCA orders inquiry: Report

Models pose on airstrip during take off, DGCA orders inquiry: Report

The Directorate General of Civil Aviation (DGAC) has decided to investigate the incident in which a group of nine models were placed on a runway during the takeoff of a private plane, the ANI news agency reported.

In a video posted by the news agency, some of the new models can be seen relaxing, while the VT-SAI plane leaves the ground.

While the location of the incident has not been revealed, sources told ANA’s DGAC that an investigation had been opened against the owner of a private plane and the model group to violate security standards.

“We landed on a private runway where there was a private plane waiting for us,” one of the models said in the video. “I think this is the list of the craziest things I’ve ever done,” adds another.

“There is always a chance that the driver decided to abort the takeoff at the last moment for some reason, and these people would not have had a chance to leave the track,” said a pilot for the Times of India.

According to the TOI report, the aircraft is a Cessna 208 is a single engine aircraft with a maximum capacity of 14 people. In the video, the models are also considered incorporated in the airplane.

Biocon's Breast Cancer Biosimilar Gets USFDA Panel Nod, Shares Surge

Biocon’s Breast Cancer Biosimilar Gets USFDA Panel Nod, Shares Surge

Biocon’s Breast Cancer Biosimilar Gets USFDA Panel Nod, Shares Surge

The older Mylan and Biocon drugs, said today that the Advisory Committee on Cancer Medicines (ODAC) of the United States Health Authority approval of trastuzumab biosimilar proposal recommended, indicated for the treatment of breast cancer.

In a filing with regulators, Biocon said the committee had voted 16-0 in support of eligible indications of the reference product.

“This vote is the first biosimilar trastuzumab proposal recommended by the committee,” he added.

Regarding development, Mylan President Rajiv Malik said: “We are delighted with ODAC’s recommendation to support the approval of Mylan’s biosimilar trastuzumab to increase affordability, competition and, above all, global access and use” .

CEO and CEO of Biocon joint Arun Chandavarkar, said: “We look forward to working with the FDA to obtain final approval to expand access to the affordable and high-quality treatment option for HER2 positive breast cancer.”

The two companies, in a joint statement, said the US Food and Drug Administration uses committees and charts to obtain advice from independent experts on various topics including product approval.

“The FDA generally follows the advice of ODAC to determine if a product should come on the market, even though they are not required to continue,” they added.

The biosimilar trastuzumab proposed by Mylan and Biocon is also under review by regulatory authorities in Australia, Canada, Europe and several emerging markets.

Biocon shares rose 8.19% compared to Rs. 396,70 each on BSE.

PERSONAL WEALTH ITCHY FEET, AGAIN?

You don’t have to be moneyed to travel the world. There are several schemes to meet your expenses. So just pack your

bags and hit the road

By Shailesh Menon

Illustration by Champak Bhattacharjee

BLUE BEACHESTake a dip in the

of Pattaya, walk along ‘Water­front Prome­nade’ in Singapore, go spotting orangutans in the Malaysian Borneo and hit the cool spice trail in Sri Lanka — there’s a lot you could do this summer. But if an empty wallet is stop­ping you from hitting the fair winds, at hand are some really cool deals to fund your dream holiday.

Before we smack the road analysing various travel financing options, one needs to be amply clear, it is best to dig into
your savings to finance your holiday. ‘Beg, borrow or steal’ is only good if you don’t have enough money to buy tickets, food and accommodation. Options that involve borrowing money to fund holidays could increase your travel costs by about 30 per cent. The other option — to steal — could land you in jail.

“Borrowing money to travel is not the best way to have a holiday… Not many people would opt for credit to travel. But if you don’t want to borrow, you should have enough sav­ings to dig in. If you don’t,
your only option is to travel on credit,” says Ravi Menon, head, Foreign Ex­change & Risk Manage­ment, Cox & Kings.

The Macros

For Indians, cost of travel has been moving in two directions. While billings for domestic travel have gone up 10 to 15 per cent over the past two years, international travel has become cheaper due to weakening of most for­eign currencies. The drop in travel costs is more pro­nounced in the case of Eu­ropean destinations, with airfare to marquee cities
such as Zurich, Rome and Paris crashing 15-20 per cent since last year.

Much of this (drop in air fare) has been attributed to a weak Euro, which de­clined from Rs 83 a year ago to about Rs 70.9 cur­rently. Consequently, most travel operators are seeing 50-60 per cent more bookings to popular Euro­pean hotspots this sum­mer. According to tour op­erators, India logs 15-20 million tourist departure every year.

Despite higher costs, do­mestic travel has been wit­nessing an uptrend over the past few years. Domestic travel (to all states com­bined) has been growing at 14 per cent every year since 1991. As per data from the tourism department, year 2012 witnessed a 19-9 per cent growth in domestic tourist visits over the pre­vious year.

Encouraged by robust growth in the tourism sec­tor, tour operators and lenders (mostly banks) have begun offering fund­ing options to prospective travelers. Credit card pay­ment modes, personal loans, travel loans and dedicated travel (savings) accounts are pushed to customers in large num­
bers. And much to the de­light of lenders and tour planners, middle class In­dians are warming up to such novel ideas.

Personal Loans t Credit Card Payment

Consumers can avail per­sonal loans for meeting their holiday expenses, but that is not a very lu­crative option as such loans are given out at rates as high as 16-18 per cent per annum. There­fore, most tour operators / travel portals have tie-ups with banks to facilitate travel loans.

“These (personal loans)

are unsecured loans, mak­ing them very expensive for customers. Also, dis­bursals take a lot of time,” explains Sreeram Sirip- uram, founder of Fly- 4credit, a loan facilitator.

If you do not want to undergo the painful pro­cess of getting a personal loan approved, you can simply swipe your credit card and purchase a holi­day package. But this op­tion could turn out to be more expensive (than per­sonal loans) if you default on card repayments; you could be charged as high as 36 per cent penal inter­est on the defaulted sum.

That said, credit card purchases give you great flexibility to plan your holiday. The payment for your holiday happens in­stantly (without the ap­proval of the bank, as is the case with personal loans), if you have suffi­cient credit limit. The re­payment is done through equated monthly install­ments (EMIs) over 12 months.

The flip side is, credit cards cannot buy you ex­pensive holidays as most middle-class card holders have credit limits in the range of Rs 1-2 lakh.