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Archive for the 'Business' Category

Complete guide to financial crisis (Malayalam)

Current financial crisis in US is caused by unregulated borrowings and lack of financial discipline. Someone has put together an impressive guide on the current financial crisis. I don’t know who created it ( I got it as an email forward), but it captures the greed aspect quite well! This picture also can be used [...]

Lulu supermarket to start operations in Kerala

UAE based retail giant, Lulu is planning to open a huge mall in Cochin very soon. The proposed mall will have a retail space of 1.2 million square feet. Lulu has plans to start hypermarkets and supermarkets in most of the major indian cities.
Lulu is part of EMKE group and is owned by [...]

Lack of consumer choice and competition in Kerala

I have written many times on the lack of consumer choice in Kerala. The only hope is the arrival of new retail chains. In Kerala, Trivandrum is especially hostile to consumers. Most of the shopkeepers are behaving like they are running some kind of charity shop for consumers.
Check out an interesting experience of Mr. Santhosh [...]

RPG Spencer’s opens first hypermarket in Kerala

Retail chain Spencer’s opened the first hypermarket in Kerala at Kozhikkode. This store is spread over 13,000+ sq.ft and on sale are about 25,000+ items! There is also an integrated Chef corner which will provide Kerala, Chinese and Italian cuisines.
Spencer’s is planning to open similar stores in Trivandrum and Cochin. For the consumers, who are [...]

Traders starts agitation against consumer choice

Today trader meetings were organized all over Kerala, calling for the closure of supermarkets and other big retailers. Clearly, it is a direct challenge against consumer choice in Kerala. Nobody is saying the “Vyapari Vyavasayi groups” cannot start a supermarket. Who is preventing them to compete with retail giants?
Unfortunately, none of the consumer bodies have [...]

Biggest Kerala mafia strikes again!

Kerala Vyapari Vyavasai Ekopana Samiti has started the latest agitation against people of Kerala. From yesterday they have stopped selling cigarettes saying that they need more margin on the sale. The interview with their chairman is always entertaining. He says that traders are not getting any profit!
Yeah, right! Traders are doing business to improve people’s [...]

Pepsi in, coca cola out

Tehelka has an interesting story on the government’s double standards when it comes to cola companies,
Which raises the question: if the Coca-Cola plant was the main culprit behind the water scarcity there, why is Palakkad district still facing acute water shortage? Many blame the double standards of the CPM, which heads the Left Democratic Front [...]

World’s first – Liquor consumers welfare association in Kerala

One of the most unique things about Kerala is the abundance of association/unions etc. For anything and everything there is either an association or a union! So it was only waiting to happen…
Some guys in Kollam has setup a new association for boozers. The idea is to promote alcohol drinking(!) and help drinkers with financial [...]

Another mafia in the making – Kerala Vyapari Vyavasayi groups

Groups such as Kerala Vyapari Vyavasayi Ekopana Samithi are slowly transforming themselves into mafia organizations. They are always looking for ways to bully even the Kerala Government! Here are some examples from recent history.
1. Recently organized hartal in support of movie piracy (I think this can go into guiness book).
2. Any new shop keeper [...]

Reliance retail in Kerala

Reliance retail which started operation sometime back is coming in a big way to Kerala. They have already taken over various small operators and is hiring people at managerial level. They are also offering good salaries.
Reliance has already started procuring agricultural products directly from Kerala farmers. This means that farmers will good price for their [...]