4. E
d Power scenario in Assam
Assam has been facing
power shortage
i of demand and supply. acuteaproblem ofthere has been adue to the vast gap
It is fact that
steep increase of
t demand of power in the last 3-4 years in this state. With the increased
and economic
in
has
o developmentan average peakactivitiesfor the lasttofew years, AssamMW.been
experiencing
demand power the tune of 1250
This
is more than 2(two) times what it was five years ago. In Guwahati alone in the
r
years, there has been a
in demand of power. Until
i past five of years back, only 16%threefold increase were electrified, but as per
a couple
rural households
steps have been
a the National Electricity Policy,there has been a undertaken to electrify every
household of Assam. As such,
great increase in demand for
l power in the rural as well as urban areas in recent times. The installed capacity
in the State is 574.4 MW. In addition to its own installed capacity, the State has
a share of 288 MW from Central Sector Generating Stations owned by NEEPCO
and NHPC. Besides this, the State has also 24.5 MW of private power (IPP)
generation. The total capacity thus available for the State is 886.9 MW. Till
now, Assam is mainly dependent on hydro generations. This is about 60% of the
total existing availability. Most of these hydro generators are sourced through
Run on River (RoR) which are solely dependent on the rainfall in the respective
catchments areas. It was expected that these hydro generators would pick up
to 100% of its capacity during this monsoon; but this year due to insufficient
rainfall below normal value in its respective areas they are yet to gear up. Also,
the gas based thermal power stations are generating far below their full capacity
due to inadequate supply of gas etc. That is why the demand availability gap is
widening According to Central Electrical Authority (CEA), the peak hour demand
in Assam is likely to rise to the level of 1752 MW by the end of 12 th Plan.
Currently, average peak demand is 1250 MW against available 700 MW thereby
leaving a shortfall of 550 MW. But the state is able to meet only 16% of the
peak demand with its own power project (about 260 MW). In coming years,
even after adding the share of 240 MW receivable from Palatnana, 380 MW
from Bongaigaon TPP and 65 MW from Kameng Hydro project, we fall woefully
short on meeting the demand. Therefore, the only option is to set up own power
projects to meet at least 50 % of demand forecast. The state Government has
identified several new project like 150 MW Lower Kapili, 60 MW Upper
Borapani , 60 MW Inter Mediate, 500 mw Margherita TPP, 100 MW Amguri
TPP which will require investment of about Rs 7996.00 Crore. Out of it Stat’s
share would be Rs 2408.00 Crore. How quickly the impasse over Lower
Subansiri Hydro Electric Projects ends, more beneficial it would be to the state.
Then Assam will get total 533MW additional power.
Editor: Bikramaditya Dutta Kakoti
www.businesspositive.guwahati.com
Contents...
The New Companies Act :
A Great Promise
–2
Jay Shree from Tea to real
estate
–3
Govt to infuse 14,000 crore
equity in public sector banks
–5
Interview with R. Bhatia,
V. P. Fiat
–7
IOC Chairman Butola walks
15 km to office to save fuel
–9
Enlightening the nation–
Mahbubul Hoque
–11
Lower Subansiri Hydro
Electric Project safe and
secure –NHPC
–15
Myshopbazzar.com Ms.
India & Mr. India 2013
crowned
–19
Executive Editor: Madhurjya D. Konwar
Bureau Chief- Kalyan Gogoi ! Chief Co-ordinator ( Delhi ): Arup Jyoti Gogoi ! Co-ordinator (Kolkata): Rudra Pratap
Choudhury ! Special co-ordinators : Jasho Rabi (Shillong), Lithung Tungsha (Kohima), Madhurjya Saikia (Duliajan), Tanmoy
Saikia(Mizoram), L.M.Sarkar(Agartala) ! Finance and Planing : Dipayan Borah ! Advisor : Pranjal Dutta (Legal) ! Design &
Grapics : Nitul Kr. Dutta
Address : Guwahati Office– Bhangagarh, Anil Nagar, by lane no2, House no-1, Pin-781003, Guwahati (Assam) ! Delhi Office–
A-12, 2nd floor, Kalkaji, New Delhi- 110019
Mobile : 9954223870, 9508708837
website : www.businesspositive.guwahati.com
e-mail : businesspositive123@gmail.com

5. The New Companies
Act : A Great Promise
On
29 August 2013 the new
Companies Bill finally received the
President’s assent that made it into a law,
thereby replacing the six decade old
regulations under the Companies Act,
1956. The Companies Act, 2013 allows
for a contemporary legislation for
regulation of the corporate sector in India.
The Act, amongst other aspects, provides
for business friendly corporate regulations,
better corporate governance, focus on
corporate social responsibility, enhanced
disclosure norms, investor protection, etc.
As the most significant provider of
equity capital to corporate India, the
India Private Equity and Venture Capital
(PE and VC) industry stands to benefit
from any improvement in the Indian
corporate regulatory framework. The
new Companies Act will impact the PE
and VC industry in numerous ways, some
of which are enumerated below.
A point of uncertainty lies in the
definition of a listed company. As per
the Companies Act, 2013, a company with
any listed security will be treated as a
listed entity. So an unlisted portfolio
company of a PE investor, which may
have listed its NCDs, will be suddenly
burdened with an entire gamut of
obligations applicable for a listed
company. Are we heading towards a new
concept of private listed companies?
More onerous for PE investors are the
additional liabilities on Directors as the
Act puts a higher onus on directors
appointed by PE funds. The PE directors
could potentially be liable for
prosecution under various statutes for any
default by the Company’s management.
It would perhaps be more appropriate to
have PE directors treated on par with
other
independent
directors, as typically they
are not involved in day
to day management. It is
interesting to note that a
director will not be
penalised for misconduct
of the Company if he has
raised objections against
the activity on record,
thereby raising the ante
for greater vigilance by
PE directors.
As per the New Act,
investment is not
permitted through more
than two layers of
investment companies.
Though the incorporation
of this clause aims to
prevent diversion of
funds through webs of
complex
corporate
structures, the greatest
blow will be felt by
infrastructure companies.
Private equity investors
prefer to invest in holding companies, to
realise higher returns from the entire
group through a single investment rather
than multiple investments in subsidiaries.
Thus this restriction may deter PE
investments in the sector and hence
exceptions should be allowed for genuine
multi-layered corporate structures.
The Companies Act, 2013 now allows
the shareholder of a ‘public’ company to
enforce put or call options if contractually
agreed in respect of transfer of securities.
Enforcement of these options under the
Companies Act, 1956 was untenable as
shares of a public company were required
to be “freely transferable”. The act grants
statutory recognition to contracts in
respect of transfer of securities of a public
company, putting to rest contradictory
judicial precedents on this aspect. Thus
PE investors can confidently utilise
clauses such as drags, tags, right of first
refusal, etc. against other contracting
shareholders, providing for additional
contractual protection. This is a big
positive for private equity.
However enforcement may still be a
concern as in the past, Sebi has taken the
view that such options do not qualify as
spot delivery contracts under SCRA and
also do not qualify as legal and valid
derivatives contracts because they are not
traded on a stock exchange.
(continued to page 13)
BUSINESS POSITIVE November-2013
2

6. Jay Shree
From Tea to real estate
I
n a bid to pad up its revenues,
Jay Shree Tea and Industries Ltd is
considering re-entry into real estate
development after a gap of almost ten
years. The B.K. Birla Group
company, which is mostly into tea
plantation and also in sugar and
fertiliser in a small way, is exploring
ways to develop some of the land
parcels available with the company
scatted across the country. About a
decade back, Jay Shree forayed into
real estate development when times
were difficult for tea plantation
companies and tea prices remained
subdued for years, resulting in losses.
It had then developed some premium
3
BUSINESS POSITIVE
luxury apartments in Bangalore’s
market Ali Askar Road area, and off
Sarat Bose Road and Raja Santosh
Roy Road in Alipore, two of the most
sought-after addresses in Kolkata.
“We are looking at the sector, we are
still exploring. We have several land
parcels within India. We want to see
what we can do,” said executive
director Vikash Kandoi .The
company can develop around 2 lakh
square feet of built-up area.
Investment in the development could
be about Rs 30-40 crore. Jay Shree
has land in West Bengal, Haryana and
other states. The projects would most
probably be taken up in joint ventures
November-2013
with developers. No doubt , the
company’s prime look out is the tea
production.Jay Shree plans to produce
23 million kg this fiscal, higher than
20.5 million kg produced last
fiscal.”We expect production to be up
by about 3 million kg this year. We
have again started taking outside leaf,
which would be up by 2 million kg
this year while our own production
would be up by 1 million kg. Out of
the total production, bought leaf would
be 5 million kg against 3million kg
last year. We will be producing at least
1 million kg more of orthodox,” said
MD D P Maheswari.It is to be
mentioned that Jay Shree Tea &
Industries Ltd. is the third largest tea
producer in the world. It has 22 Tea
Estates spread throughout India with
total area of 9407 hectares under tea
plantation. It has five Gardens in
Upper Assam, five in Cachar, four in
Dooars & Terai, six garden in
Darjeeling and two in South India. The
company also has two tea processing
factories which manufacture tea
exclusively from tea leaves procured
from other gardens. The company is
also scouting for more acquisitions
in Africa to strengthen its presence
in the black tea market. JTIL has
recently acquired three tea gardens
in East Africa — two in Rwanda and
one in Uganda.The company is one
of the largest tea manufacturerexporter of India.

7. during the current year.
THE COMPANY
national tea output.
The Company through its
Incorporated on 27th October 1945,
4. Contributing around 11% of the
investment arm, Birla Holdings Ltd.,
Jay Shree Tea & Industries Ltd. is a
total Darjeeling tea, considered
UAE has acquired 100% stake in
part of well diversified conglomerate
Champagne of teas.
Kijura Tea Co. Ltd. and Bondo Tea
of B.K Birla Group. B. K. Birla
NEW ACQUISITIONS
Co. Ltd., having tea estates, producing
Group has been in the forefront of
As per the strategic tie up with Assam
around 14 lac kgs of tea per annum
industrialization in the country since
Tea Corporation Ltd. the company is
in Uganda (East Africa). Under a joint
Independence. An inspiration for
procuring green leaf of Longai and
venture arrangement, it has acquired
generations of Indian entrepreneurs,
Ishabheel Tea Estates and operating
60% stake of Mata Tea Co. Ltd. &
the Birlas are looked upon as the First
its Longai Tea Factory to manufacture
Gisakura Tea Co. Ltd., Rwanda. The
Family of India Inc., reflecting quality,
6 lac kgs of tea per annum from the
companies own tea estates in the
reliability and leadership.
current season.
best quality tea producing belt of
Besides tea, Jay Shree Tea &
The Parvati Tea Company Pvt. Ltd.
East Africa producing 42 lac kgs of
Industries Ltd., is manufacturer of
acquired by it at Makum (Tinsukia)
tea per annum.
Single Super Phosphate & Sulphuric
in the State of Assam is likely to
Acid. It recently made foray into Sugar
manufacture 6 lac kgs. of black tea
The cost of producing Tea in East
Industry by acquiring
Africa is lower as there
100%
stake
in
is not much need for
M.P.Chini Industries
application
of
Ltd. It also provides
fertilizers
and
GARDEN
AREA UNDER
PRODUCTION
Tea Packaging and
pesticides in the field
PLANTATION
(FY11-12)
Warehousing facilities
because of the better
(Hectares)
(lac kgs)
at Kolkata and Kochi.
soil condition. Further,
DARJEELING
The company is also
the social cost for the
engaged in real estate
laborers
is
the
01 Risheehat Tea Estate
256
01.81
business
having
responsibility of the
02 Tukvar Tea Estate
437
02.32
03 North Tukvar Tea Estate 195
00.97
developed several
local Government.
04 Singbulli Tea Estate
303
02.22
properties at prime
DIVERSIFICATION
05 Balasun Tea Estate
353
00.88
locations of Kolkata
IN SUGAR
06 Sungma Tea Estate
273
01.36
and Bengaluru.
The company has
The core business
acquired 100% stake
UPPER ASSAM
of the company is Tea
in
M.P.Chini
07 Towkok Tea Estate
646
18.46
accounting
for
Industries Ltd.having
08 Manjushree Tea Estate
616
14.09
75.56% of the gross
a sugar factory at
09 Mangalam Tea Estate
105
02.26
turnover
with
Majhaulia in Bihar
10 Nahorhabi Tea Estate
695
14.70
Chemicals
&
with a capacity of
11 Meleng Tea Estate
760
16.34
Fertilizers at 23.52%
4600 TCD, which is
CACHAR, ASSAM
and others 0.92%
being enhanced to
during the half-year
5500 TCD. The
12 Dewan Tea Estate
726
22.39
13 Burtoll Tea Estate
686
20.50
ended 30th September
factory
has
co14 Labac Tea Estate
434
14.51
2010.
generation facility of
15 Kalline Tea Estate
463
12.88
KEY
6 MW and its own
16 Jelalpore Tea Estate
367
08.72
HIGHLIGHTS
sugarcane plantation
1. It is the only tea
of around 1000 acres.
DOOARS & TERAI,
company in India
This is one of the best
WEST BENGAL
having tea estates in all
maintained factories
17 Aryaman Tea Estate
222
08.96
the major tea growing
in the State of Bihar
18 Ananyashree Tea Estate 237
14.11
areas of the country.
and will enable the
19 Marionbarie Tea Estate 329
06.71
All the teas of India
company to leverage
20 Jayantika Tea Estate
604
13.59
under one roof!!
its experience and
SOUTH INDIA
2. One of the few
expertise
in
21 Sholayar Tea Estate
401
14.68
Indian tea companies
managing agro based
22 Kallyar Tea Estate
299
10.22
to have tea estates
industries.
Bought Leaves Factories
11.32
abroad.
– Business Positive
3.
Contributing
GRAND TOTAL
9407
234.00
Bureau
around 3% of the
TEA ESTATES IN INDIA
BUSINESS POSITIVE
November-2013
4

8. Govt to infuse 14,000 crore
equity in public sector banks
Rs.12,517 crore in 13 public
sector banks in the financial year
ended March 2013.
According to the finance
ministry, the capital infusion by
the government in public sector is
done with the “twin objective of
adequately meeting the credit
The central government has
decided to infuse Rs.14,000 crore
equity capital in 20 public sector
banks during the current financial
year. “The Government of India
has approved infusion of Rs.14,000
crore in the PSBs during financial
year 2013-14, through preferential
allotment of equity in its favour,”
the finance ministry said in a
statement.
The country’s largest lender
State Bank of India will get
Rs.2,000 crore equity capital from
the government. The Central Bank
of India and IDBI Bank will get
Rs.1,800 crore each. The
government will provide Rs.1,200
crore equity capital to Indian
Overseas Bank, and Bank of India
will get Rs.1,000 crore.
Punjab National Bank and
Union Bank of India will get
Rs.500 crore each. United Bank of
India will get Rs.700 crore, Vijaya
Bank Rs.250 crore, and Syndicate
and UCO Bank will get Rs.200
crore each. Other lenders that will
be benefited from the
government’s equity infusion
programme include Allahabad
Bank Rs.400 crore; Andhra Bank
Rs.200 crore; Bank of Baroda
Rs.550 crore; Bank of Maharashtra
Rs.800 crore; Canara Bank Rs.500
crore; Corporation Bank Rs.450
crore; and Dena Bank Rs.700
crore. The government infused
5
BUSINESS POSITIVE
requirement of the productive
sectors of economy as well as to
maintain regulatory capital
adequacy ratios.”
“The government of India, as
the majority shareholder, is
committed to keep all PSBs
adequately capitalised,” it said.
Syndicate Bank slashes
interest rates on loans
The Syndicate Bank has reduced the rate of interest on housing loans
with effect from October 9. The rate of interest on all housing loans,
irrespective of the quantum of loan, will be on the base rate of 10.25 per
cent. The bank has also made the base rate applicable to all existing
housing loan accounts with
immediate effect.
Keeping in view of the
ongoing festival season, the
bank had already reduced the
rate of interest on four-wheeler
loans to 10.90 per cent. Similarly, the rate of interest on two-wheeler
loans has also been brought down to 12.25 per cent.
The bank has slashed the service charges by 50 per cent, on all housing
loans and vehicle loans during the festival period. The Syndicate Bank is
offering loans to micro and small enterprises at the most competitive rate
of interest with nominal service charges. To give focused thrust, the bank
has launched tailormade
products,
aiming at doctors,
transport operators,
cashew industries,
marble and granite
industries
and
textiles and readymade garment units,
with attractive terms
in rates of interest
and service charges,
said a press release.
November-2013
– Business Positive
Bureau

9. Oriflame India Expands
Operations in North East Region
S
wedish Direct selling beauty major,
Oriflame announced another feat in their
successful journey in India, with the launch
of their new office in the North- Eastern
region of Shillong. The establishment,
which is Oriflame’s 17th office in India,
is a translation of company’s relentless
growth and strategic approach. Located
in the midst of the commercial centre, the new Oriflame office is situated at Barik
opposite Lady Hydari Park. The office will promote the growth and development
of 2853 consultants in the region by giving them direct access to all the trainings,
seminars and opportunity meetings organized by the company. The office will
also store the exciting product ranges offered by Oriflame which the consultants can
experience and then sell to their customers. North East is the top performing region
for Oriflame India which accounts for 55% of the company’s growth. The brand
currently has 159 SPOs in the region, catering to 36,000 consultants. With its robust
expansion plans, the company strives to increase the SPO’s to 200 and consultant
base to 50,000 respectively by year end. Mr. Partha Kalita, Senior Area Manager for
East, Oriflame India quoted, ‘North East is one of the most important markets for
Oriflame and the top performing regions in India. In the past, we have witnessed
double digit growth of over 30 percent from this region and predict even higher
development prospects in the time to come. With the opening of our new office in
Shillong, I foresee many more consultants being associated with the brand.” While
the company offers over 550 products in five distinct categories, Skin Care, Fragrances
& Colour Cosmetic ranges are the top 3 selling categories for the brand in Shillong.
– Business Positive Bureau
Mahindra’s
10-seater
aircraft
takes wings
Mahindra GippsAero, the Australian
aircraft manufacturer and subsidiary of
the Mahindra Group, has successfully
completed the first flight of its new
aircraft, the GA10.The aircraft, which is
the first single turboprop developed in
Australia, is a 10 seater, multi-role aircraft
based on the very successful GA8 eightseater utility aircraft. The first flight took
place at GippsAero’s home base at
Latrobe Regional Airport in eastern
Victoria on May 1.This aircraft will soon enter the Indian market, company
officials said.Powered by a Rolls-Royce 250 turboprop engine, the GA10 will
suit a wide range of applications from passenger and freight work to air survey
and surveillance roles. With the completion of this first flight, the GippsAero
engineering team will subject the prototype to an intensive programme of static
and flight tests to gain a CASA Type Certificate for the GA10. It is anticipated
that the new type will be available for customer delivery in the first half of
2013.The company plans to soon announce details of a deposit programme that
will provide an opportunity for operators to secure a purchase position.
Now Television in
your Pocket with
Tata Sky
Tata Sky, pioneer of technological
innovations in the DTH industry,
announces
the
launch
of
“Everywhere TV”– by which
subscribers will soon be able to enjoy
all their favorite TV channels and
movies-on-demand on the move.
Available to Tata Sky
subscribers, this service could be
availed by downloading Tata Sky’s
Mobile app from the Apple and
Android stores. The Mobile app
supports a host of free features, while
to take Everywhere TV service, the
subscriber will have to pay Rs 60 pm.
This will entitle him to over 50 TV
channels On the latest innovation,
Vikram Mehra, Chief Commercial
Officer, Tata Sky, elaborated, ”Our
research has shown that lifestyles are
getting busier in today’s day and
age. People spend hours in transit
or waiting daily. Today over 60%
of the (Tata Sky) population use
internet to view videos on their
Smart phones and tablets either at
home or at office. Everywhere TV is
a unique service for all those valued
subscribers who want to keep in
touch with their favourite shows,
programmes and channels that they
have subscribed on Tata Sky even
when they are on move through their
mobile handsets.”
Consumers will be able to
view varied TV content on a single
platform with ‘Everywhere TV’
instead of downloading and
paying for multiple apps offering
different channels or services, as
has been done traditionally. In
addition to Everywhere TV, one
can also use the Tata Sky mobile
app to remote record on set top box
for their favourite TV shows on the
set-top box, browse the EPG when
they are outside their homes and
use their mobile device as a wifi
remote at home.
BUSINESS POSITIVE
November-2013
6

10. Interview
With the competition among
car makers is getting fierce
with companies bringing new
models at cheaper price to lure
buyers, Italian car maker, Fiat
Chrysler India says it has no
plans to join the price war by
slashing prices of its existing
models. Mr. Ravi Bhatia, Vice
President (Sales and Network),
FIAT Group India
Automobiles speaks to
Business Positive as to why it is
not interested to jump into the
price war and what is their
strategy to mark their presence
in the Indian market. Edited
Excerpts:
" There is a price war between the
companies to attract customers in the
dull market conditions. Are you
contemplating to bring down prices
of your existing models?
# We are not into price war. Our
strength is our quality, innovation and
technology. The group is big and we have
access to platforms from Europe, North
America and South America. So we can
bring better products that can be adapted
or engineered for Indian conditions. And
that’s what we are going to bring. Fiat is
already present in the 70% of the auto
market with its B+ and C segments. Now
we are going into sports utility vehicle
(SUV) segment, so that’s another 10%.
Now, only a small portion of around 10%
is remaining for the A segment, or the
small car segment. We do not want to
get into mass segment as our strength is
in B, C segment. So we will concentrate
on B and C segments.
" How do you plan to grow the
company in coming years?
# We want to be a significant player in
7
BUSINESS POSITIVE
this market. We were a top player once,
we want to get back. We want to double
our market share, which is less than 1%
as of now. We sell around 7,000 cars per
annum, we are looking to double this
number after opening 100 dealerships by
the end of this year. We have the
technology, innovation and great brands
worldwide. So, we believe we are the
right company that over time the Indian
consumers would like to love.Also, we
have the largest parts stock room in Asia
and that is located close to our factory.
We are stocking components there. And
they can be supplied to any part of the
country within 3 working days. So our
service commitment can be met.
" What will be your marketing
strategy in the current market
scenario?
# There are about 200,000 Fiat cars in
India. They are Fiat customers, who
owned this car earlier and now probably
shifted to other brands. Fiat was a
household name in the past. Now, we
want to approach these customers, mainly
in the smaller towns and bring back to
us. Cities like Ahmedabad, Baroda, Surat
are very strong hold of Fiat customers.
So main thing is to get back our old
customers, give them the right service
experience and sales experience. There
are die hard fans of Fiat brand, waiting
for a dealership to get located nearby
them. So, when we have those types of
November-2013
people, than price doesn’t matter. We are
very fortunate to have them.
" With new launches in the pipeline,
are you looking at expanding
production capacity in the coming
years?
# No. That is not required as we’ve
sufficient capacity to produce 200,000
cars and 300,000 engines and
transmissions at our existing facility at
Rajnangaon near Pune.
" What is the strategy that you have
adopted to grow in the Indian market
after your split with the Tata Motors
on dealership front?
# We have adopted a three-pillar
strategy to mark our presence in India.
This is based on network, branding and
products. This helps us to go directly to
the Indian customers and not through a
partner and cater to our customers better.
On the branding side, we had to
reintroduce the Fiat brand because we felt
that the brand had grown over the years
and there is a need to get connected with
new customer class. And on the product
strategy, we are planning to launch nine
new or significantly upgraded models
from the existing ones. Four of them will
be from Fiat brand, four from Jeep
brand, which is also a Fiat brand and a
performance car from Abrath brand.
These will be introduced in phased
manner over the next two-three years.
– Business Positive Bureau

11. FIAT India inaugurates
its new dealership
Fiat Group Automobiles India Pvt. Ltd inaugurated its
independent and an exclusive dealership “Green Valley
Motors” at Guwahati. The Green Valley Motors showroom
is located at NH37, Lalmati, Barsojai, Guwahati-781028.
The showroom facility comprises of 3000 sq ft of space to
display 5 cars and a 4000 sq ft state of the art workshop to
ensure commitment to serve the customers beyond
expectations. The dealership was inaugurated by Mr. Ravi
Bhatia, Vice President (Sales and Network), FIAT Group
India
Automobiles.
Speaking
on
this
occasion, Mr. Ravi Bhatia
said: “FIAT India views
Guwahati as a very
strategic market and the
inauguration of an
exclusive dealership is in
accordance with our
strategy to capitalise on this potential. We are confident
that our association with Green Valley Motors will play a
crucial role in identifying the customer base and enhancing
customer experience in Guwahati.
Guess signs up
Priyanka
as global
brand
ambassador
A merican
fashion
brand Guess has
signed Indian actress
Priyanka Chopra as its
global brand ambassador
for next year. “Chopra’s
confidence, strength and
sensuality reflect the
qualities I always look
for in a model and she reminds me of the young
Sophia Loren,” Paul Marciano, CEO, creative
director and co-founder of Guess, told ET. “With
the Indian movie industry exploding on a global stage,
and Guess having a brand presence in 87 countries,
we could not have found a better global brand
ambassador,” he said, speaking from New York.
Bryan Adams, Canadian rock star and
photographer, has shot Chopra’s first campaign for
Guess in a signature black and white collection that
is expected to be released next month. Chopra says
the deal gives her an opportunity to connect with a
wider, global audience. “In a way, it signifies that
the world is becoming more and more borderless,
allowing talent and creativity to explore its fullest
potential,” she told ET minutes before boarding her
flight to New York for the announcement of the deal.
A couple of people familiar with the world of
celebrity management said Chopra’s one-year
contract with Guess is worth Rs 5-10 crore. Vinita
Bangard, MD at Krossover Entertainment, which
has been managing Chopra’s endorsements for the
last eight years, said: “This global deal will definitely
see her price (for domestic endorsement) going
upwards.”
BUSINESS POSITIVE
November-2013
8

12. deficit.
IOC Chairman R S
Moily said he and all
Butola walks 15 km to
officials in his ministry
office while ONGC
and in oil PSUs
chiefSudhir Vasudeva
nationwide will travel by
takes metro once in a
public transport every
week, as the oil PSU
Wednesday.
heads take lead in
Joint Secretaries
shunning petrol or diesel
Neeraj Mittal and
guzzling cars to support
Aramane Giridhar rode
Oil Minister M Veerappa
bicycles for 8 km to
Moily’s call for fuel
office. Oil Secretary
conservation.
Vivek Rae did not use
State gas
his official car while
utility GAIL’s Chairman
Joint Secretary
and Managing
(International
Director B C Tripathitoo
Cooperation) P K Singh
walked from his
and Moily’s P S Sanjeev
residence to office and
Kumar took separate
back while two joint
metros to office.
secretaries in the Oil
The rest of the 200Ministry rode bicycles.
odd staff in his ministry
Moily himself took
too took public
metro to office on
transport, while most
October 9 as part of a
PSU staffers used car
campaign to promote
pools or took the metro
fuel conservation so as
or bus to office.
to help cut the nation’s
“I have requested
massive oil import bill.
ONGC chief Sudhir Vasudeva, GAIL chairman
other ministers to also
Moily had given a
B C Tripathi also do their bit to save fuel
declare one day of the
call to declare
week as ‘Bus Day’,
Wednesdays, starting
during which staffers should be
from October 9, as ‘Bus Day’ or
others either took metro or a bus,”
encouraged to utilise only public
‘Public Transport Day’ for his
Moily said. Moily travelled to
transport for their daily commute,”
ministry and 14 public sector oil
office by metro on October 9. The
Moily said.
companies.
subsequent Wednesday was a
Moily said though he has issued
“I am happy that my call has
public holiday, but it didn’t stop
a circular to his ministry and the oil
received such a wide support. IOC
people like ONGC’s Vasudeva to
PSUs, the move is totally
Chairman (Butola) walked 15-km
continue using metro to office.
voluntary. He is hoping measures
to office, so did GAIL Chairman
“We have to take lead in saving
such as Bus Day and a Rs 52 crore
(Tripathi). Two of my joint
fuel. On the first day, (October 9)
nationwide six-week mega
secretaries came on bicycles and
we saved an estimated Rs 2 crore
campaign to propagate
in fuel bill as all of us left
conservation of oil and gas will
cars in garages and took
help taper demand and cut oil
public transport.”
import bill.
India spent almost USD
Moily has suggested to the
145 billion on importing oil
Department of Personnel that it
last fiscal and the
introduce staggered office timings
conservation drive is aimed
for government employees to ease
at cutting the huge foreign
peak-hour traffic and has asked the
exchange outgo which is the
Urban Development Minister to
single-biggest reason for
introduce a free cycle scheme in
some of present economic
select cities to help save fuel.
woes like current account
IOC Chairman
Butola walks 15 km to
office to save fuel
9
BUSINESS POSITIVE
November-2013

13. Music be the mood for life
Stereomood.com is a free music streaming
service that plays music according to your mood
We all love our music, don’t we?
And, there should be music for every
situation. And, not just any music, the
right kind of music is needed in a
situation. It all depends on our mood
and this is where Stereomood.com
comes in. What does Stereomood do?
It simply turns your mood into music,
presto!
Stereomood.com is a free music
streaming service that plays music
according to your mood. It’s just not
confined to your mood, it also plays
music that goes with any of your
daily activities. Imagine you have
just returned from a hectic day at
work and all you want to do is listen
to some nice music and chill out.
Well, there is your cue. You type in
“chilling out” and Stereomood will
dish out a playlist that will play songs
to suit your mood.
Is it accurate, precise? Yes.
Stereomood.com has dedicated music
editors who filter songs and music
from blogs around the world. This is
the part which makes it all the more
enticing. You will have a plethora of
music at your disposal. A new song,
a new rhythm every time there is a
change in your mood.
There are no complicated
registration procedures. You can get
started for free. You will only need
registration if you want to add certain
songs to your favourites or mixes.
You can also log in using your
Facebook account.
Stereomood’s
database
is
immense. Powered by Soundcloud,
its search is precise. Every mood
comes with a description and a
compact music player - complete
with functions such as volume
control, report abuse, play, pause and
so on.
And if you wish to experiment,
Stereomood has a nice feature called
the Mood Flip. Click on the Mood
Flip option, and it re-routes you to a
playlist of songs that are totally
opposite to your current mood. For
instance, it once flipped me to the
“traffic jam” mood from the “chilling
out” one.
For those who like their music on
the go, a Stereomood app is available
on the Apple App Store and Google
Play.
There is an endless list of songs
and moods at Stereomood.com
which will certainly fulfil your
appetite for good music when it’s
needed the most.
Toyota Launches New Etios Xclusive and New Etios Liva Xclusive
Toyota Kirloskar Motor (TKM)
launched the New Etios
Xclusive and Etios Liva Xclusive , Limited Edition. The
launch marks One Lakh sales of Etios and the Second
Anniversary of Etios Liva. Only 2000 exclusive units of the
Limited Edition vehicle will be sold till the month of Nov
2013. Etios and Etios Liva are the first Toyota vehicles to be
exclusively designed for the Indian
customers. The vehicles are manufactured
at TKM’s second plant at Bidadi. The
gasoline engine and transmission for Etios
and Etios Liva are manufactured at Toyota
Kirloskar Auto Parts. Etios and Etios Liva
have seen success not just in India but also
in right hand drive markets like South
Africa , Srilanka, Mauritius, Zimbabwe, Seychelles, Nepal,
Bhutan, Brazil, Argentina and with the recent addition of
Indonesia. The New Etios Xclusive and Etios Liva Xclusive,
Limited Edition, is based on the G grade of the current lineup.
The new vehicles are available in both, petrol and diesel
variant. The New vehicles are available in three colours White, Classic Grey, and Symphony Silver.
Speaking on the occasion of the launch
Mr. Sandeep Singh, Deputy Managing
Director Marketing and Commercial,
TKM said “We have launched these
vehicles to mark an important milestone
in the journey of Etios and Etios Liva.
– Business Positive Bureau
BUSINESS POSITIVE
November-2013
10

14. Enlightening the nation
Mahbubul
Hoque
B orn in Village Purbogool under
Patharkandi of Karimganj District of
Assam on December 1, 1973,
Mahbubul
Hoque
did
his
matriculation from Karimganj with star
marks, HS (Science) from G.C.
College, Silchar, B.Sc(Hons) & MCA
from Aligarh Muslim University
(AMU) securing first class second rank
in the year 2000.Mahbubul Hoque is
brought up with lots of struggle since
his childhood days. He lost his father
when he was studying in Class VII in
the year 1981 who was a govt. service
holder & the only earning source of
the family. Then he started to take
tuitions to bear the costs of his study,
he even sold home cultivated
vegetables in the market. Later he also
lost his mother while he was studying
in Class XII in the year 1991. To add
to his woes, his elder brother also died
suddenly in a tragic accident suspected
to be a conspiracy in September 1998
who was partially helping him
financially for his higher studies.
Hoque got job offers from different
MNCs & academic institutions of the
country as well as abroad but decided
to come back to his native place. He
11
BUSINESS POSITIVE
decided to start an IT
College & approached
different stakeholders
for financial support.
But no one responded.
Even
though
he
embarked on the
journey
of
entrepreneurship by giving practical
trainings to four IGNOU students &
started to assemble computers to
generate revenues for his dream
project. Starting with only one
computer he brought from AMU, he
went on to buy four more computers,
which was the initial logistical support
to the students, when he started his
institute with only 14 students in a
rented building in the year 2001. With
hardly any response from the
stakeholders in the field of education
and lack of awareness in the society
regarding the potentialities of the IT
sector, it was not an easy task for this
young and dynamic entrepreneur. But
undaunted by barriers he finally got
his chance to run professional courses
in Computer Science and Information
Technology and Management Science
under the distance education scheme
of
Sikkim
Manipal
University. The result —
Central IT College— was
established in the year
2001.Slowly the dream
grew, to include more
professional
courses.
Today CITC is proud to be
rated as the No. 1 center in
North Eastern India
November-2013
&ranked 2nd in the country by SMU.
It has also been selected as the Nodal
Centre of the entire North Eastern
region.
SMU
conferred
UNIVERSITY
EXCELLENCE
AWARD for the last 5 consecutive
years. More than 5,000 students have
so far passed out from CITC and have
found gainful employment in India
and abroad.Once he started on the
treading on the road of his mission,
he never looked back and started
creating new milestones in the field
of educational infrastructure. Keeping
his
pursuit
in
mind
he
foundedEducation Research &
Development Foundation in the year
2005 under his chairmanship and
established Regional College of
Higher Education in 2007 – the first
college under North Eastern Hill
University, Shillong, creating a niche
for itself by excelling and getting top
positions in all the examinations
conducted by NEHU.Keeping the
quality educational need of his home
and border areas, he also
started Central Public School,
Patharkandi in 2008 and Central
Public School, Badarpur in 2010. This
also enabled the vastly rural
population of the area to aspire for

15. quality education giving Rural
Education a new height in those
remote part of Assam.In the year
2009, Regional Institute of Science
&
Technology
(RIST) was
established which is the only
Engineering College in Meghalaya
approved by AICTE, New Delhi &
affiliated to NEHU, Shillong. This
institute imparts education
in six engineering streams
and has emerged as one of
the very few institutes of the
region with world class
infrastructure. The institute
also boasts of the best
faculties in the subjects
being imparted.In 2010, the
dream project of ERDF –
University of Science & Technology
Meghalaya (USTM) – came into
being under the provisions of USTM
Act enacted by Legislative Assembly
of Meghalaya. Spread over a plot of
over 400 acres, this University is
unique in its own way and destined
to transform the North East into a
techno-savvy region.In this long
journey of 12 years, he had to face
lots of hurdles and in the process; he
had to take many bold steps &
decisions. As Central IT College is
spread in different blocks in different
rented buildings, he had managed to
buy a plot of land in the outskirt of
Guwahati to make it a full-fledged
campus. Despite starting the
construction works, due to meager
response from the State Govt.and
certain administrative issues,
ultimately he had to move towards
the state of Meghalaya & Meghalaya
Govt. had appreciated his initiatives.
To get approval & affiliation from the
competent authorities-NEHU &
AICTE was also no easy task. There
were lots of struggle involved. Even
he had to take the legal recourse for
redressal of grievances. Finally he
succeeds to get justice.It is a universal
fact that to grow in such nature one
has to have funds. The fate had
something else is store and whenever
he approached the commercial
banks, his proposals were rejected.
The constant source was only the
mobilization of the fees collected
through the students and the well
wishers in the market who wanted
him to grow and deliver the
education to the needy students.
Only in the year 2008, the great
financial
Samaritan
NEDFi
appreciated his zeal and dedication
in the field and came forward to
provide loan of Rs. 15 crore.
Upcoming Projects
Mahbubul Hoque has a strong determination to continue his mission of
spreading Education to every nook & corner of the region. Under the
VISION 2020, the foundation has a plan of establishing number of
Institutions listed below :
$ Another eighteen CBSE affiliated Schools in Minority dominated rural
areas in phase wise. $ Centralised Women’s Hostel with Library and
Coaching Facility for Administrative Services. $ Three ITI is for
women. $ Ten B.Ed Colleges. $ College of Architecture. $ Cultural Centre
having Guest House facility. $ One Educational TV channel namely “Gyan
Vigyan”. $ Centre for Innovation and Rural Development. $ Entrepreneur
College, Pharmaceutical College, Physiotherapy Institute. $ Five Star
Hospital with Medical College.
Founder of Institutions
Central IT College.
ERD Foundation A trust under
the provision of Indian Trust Act 1882
and registered under societies
registration Act XXI of 1860.
Regional College of Higher
Education (RCHE).
Central
Public
SchoolPatharkandi.
Regional Institute of Science and
Technology (RIST).
Central Public School-Badarpur.
University of Science and
Technology, Meghalaya.
Fakhruddin Ali Ahmed Centre
for Coaching and Guidance.
Khairun Nessa Begum Women’s
CollegeYear:2012 (Foundation laid).
Awards & Recognitions
$ Awarded
with the prestigious
“Edupreneur Award” by Engineering
Watch from Dr. Shashi Tharoor,
Union Minister of State for Human
Resource Development at the
Engineers’ Conclave 2013.
$ Received “Maulana Abdul Jalil
Choudhury Memorial Award” for the
year 2013 from North East India
Emarat-e-Shariah·
$ Minority Educational Leadership
Award by MOMEIN, New Delhi.
$ Received SMU Excellence Award
when Central IT College was ranked
2nd in all over India for consecutive
6 years.
$ Felicitated by the Minority Welfare
Society,
CABSFORD
Public
Relations, Public Relations Society of
India.
– Business Positive Bureau
BUSINESS POSITIVE
November-2013
12

16. contd. from page 2...
Key Highlights
The New Companies
Sebi has in the past asked contracting parties
to delete such options from the shareholder
agreements. Similarly in case of a foreign
PE investor, RBI holds the view that
instruments carrying put options should be
treated as debt and should follow regulations
similar to ECBs. Therefore even if Sebi
allows these options through an amendment,
uncertainty still remains for a foreign investor
until RBI clarifies their position. There is a
need for consistency and clarity across
regulators in this regard.
From an exit perspective, the new law
allows an Indian company to merge with a
foreign company, thereby facilitating crossborder M&A. Also mandatory allocation of
certain percentage of profits to reserves is
done away with. This means higher
repatriation in the form of dividends, which
is a strong positive for PE investors. On the
other hand, the Companies Act, 2013 also
introduces a one year cooling period between
two consecutive buybacks, which may limit
repatriation strategies for PE investors.
Welcome news for PE investors is that
differential rights on shares will now be
allowed but will be subject to rules that are
yet to be prescribed.
Finally the Act proposes to free the High
Courts and eliminate Company Law Boards,
replacing them with a dedicated law tribunal
– National Company Law Tribunal (NCLT),
appeals from which will lie in the National
Corporate Law Appellate Tribunal. Even
though final implementation may take some
time, this is a major step towards achieving
speedy resolution of corporate cases.
The design of the New Companies Act
attempts to streamline the corporate structure
of the country to meet the needs of a rapidly
changing business environment. Although
some clauses need to be implemented more
practically by the government, the Act poses
great promise to meeting the much needed
objective of improving the country’s.
13
BUSINESS POSITIVE
$
$
Maximum number of members in a private company increased fro 50 to 200
Limit of number of members in an association or partnership (without
incorporation) to be increased up to 100
$ One Person Company (OPC) - a new vehicle for individuals for carrying on
business with limited liability.
$ For defined infrastructural projects, preference shares can be issued for a
period exceeding 20 years
$ Provisions relating to further issue of capital made applicable to all companies
$ The terms foroffer of securities, form and manner of ‘private placement’ to
be as prescribed
$ Shares cannotbe issued at a discount except sweat equity shares
$ Time gap between 2 buy-backs shall be minimum 1 year.
$ Stringent norms provided for acceptance of fresh deposits from members
and public
$ Any deposit accepted before the commencement of 2013 Act or any interest
due thereon to be repaid within 1 year from the commencement of 2013 Act or
from the date on which such payments are due, whichever is earlier.
$ Credit rating made mandatory for acceptance of public deposits.
$ 2% of average net profits of last 3 years to be mandatorily spent on CSR by
companies having – net worth of ‘ 5 billion or more; or turnover of ‘ 10 billion
or more; or net profit of ‘ 50 million or more.
$ To align withthe provisions of the Income tax Act, companies to have a
uniform financial year - ending on 31 March each year
$ Consolidationof financials for a company having a subsidiary, associate or a
joint venture made mandatory
$ National Financial Reporting Authority (NFRA) to be constituted by Central
Government to provide for dealing with matters relating to accounting and
auditing policies and standards to be followed by companies and their auditors
$ Mandatory audit rotation for listed and prescribed classes of companies.
$ Restriction placed on provision of specified non-audit services by an auditor
to ensure independence and accountability of the auditor.
$ Mandatory internal audit for prescribed classes of companies.
$ At least 1 director of a company shall be a person who has stayed in India
for 182 days or more in the previous calendar year. Existing companies to
comply with this provision within 1 year from the date of commencement of
the 2013 Act.
$ Listed and prescribed class of companies to have at least 1 woman
director.Existing companies to comply with this provision within 1 year from
the date of commencement of the 2013 Act.
$ Prescribed class of companies to have whole-time Key Managerial
Personnel (KMP)– Chief Finance Officer to be a whole time KMP for prescribed
classes of companies – Whole time Director included in definition of KMP.
$ Electronic voting forBoard and shareholders meetings introduced.
$ Following committees of the Board made mandatory for listed and
prescribed classes of companies :– Audit committee, Stakeholder relationship
committee, Nomination and Remuneration committee and Corporate Social
Responsibility committee
$ Director to vacate office on remaining absent from all the meetings of the
Board of Directors held during 12 months with or without obtaining leave
of absence.
$ Contents of Directors’ Report elaborated. Directors to annually report on
the existence and effective operations of systems on compliance with all
– Business Positive Bureau
applicable laws.
November-2013

17. MEGHMALLAR
Professionalism in
Construction Management
P roject Execution is the biggest
challenge today, especially on time
and within budget. Project Execution
actually implies the overall planning,
coordination and control of a project
from inception to completion aimed
at meeting a client’s requirements in
order to produce a functionally and
financially viable project. An
interesting and challenging scenario
emerges when the role of the client
and project executor converges. This
dual role is played by all promoters
& builders.
To deliver a project which is
technically sound and within budget
one needs to keep abreast of the
latest trends in the construction
industry. Meghmallar has been in
the Real estate business as a builder
and promoter since the last two
decades and they feel proud of it.
The company always kept
commitment to their stakeholders
in a befitting and professional
manner. The company authority
said– “Our commitments have been
possible because we always believe
in the fact that a home is a onetime
investment for our clients. We
believe that profit should be earned
with dignity and pride. Profit should
accrue as a bye product of an honest
and practical approach to creating
wealth for society. This is possible
only if we can build up a team spirit
with
all
our
stakeholders
commensurate with a practical and
an honest respect to emerging
technology and professional
management techniques.”
Meghmallar made the
begining in 1987, the size of the
projects were small and the utilize
the technical support of all there
stakeholders to maintain quality of
their workmanships and material
used. The process was very tedious
and time consuming. The scale of
the projects did not justify
mechanization and introduction of
professional
management
techniques
in
construction.
Gradually with time as they scaled
up the project sizes they preferred
to bring in technology in
construction through phase wise
mechanization of construction. At
the same time they started to adapt
professional
management
techniques. The process of shifting
to a professional company requires
a paradigm shift in once mindset. A
very delicate and balanced approach
was essential to separate, coordinate
and delineate the scope of works of
the Promoter and the Builder.
Professional parlance dictated that
the role of a promoter needed to be
that of a client and the role of the
builder had to be that of a Project
Construction Manager.
This point has always been at
the fore front of all project planning.
They realized that the first and
foremost requirement of good
construction lies in proper
management of construction
materials
and
construction
techniques.
Meghmallar’s motto–
% Quality has to be created
% Quality cannot be bought
% Quality product depends on
quality inputs.
– Business Positive Bureau
BUSINESS POSITIVE
November-2013
14

18. A fter nearly two years of complete
Lower
Subansiri
Hydro
Electric
Project
safe and
secure
–NHPC
15
BUSINESS POSITIVE
rumor that NHPC is constantly
conspiring against the people of
halt in Gerukamukh Lower
Assam .But reality is not like
Subansiri Project , the NHPC again
that.”Explaining in details about the
comes forward to break the ice.
dam design and safety, Mr. Rakesh
NHPC’s appeal and assurance to the
informed- the dam which is being
people of Assam-”the dam is totally
built in Subansiri is a Concrete
safe and secure. It is being built as
Gravity Dam. All the necessary
per the recommendations and
guidelines and instruction of expert
guidelines of expert committee .It
group is followed here. The height
would neither break down in water
of the dam is 210 meters from the
pressure nor in earthquake.
sea level and 116 meters from the
Moreover, there is no any fear of
river bed. As the project is Run of
downstream effect, instead it would
The River , the dam would not block
help to control flood”. The
the river flow. There are eight
organization has recently invited a
tunnels in the dam. One tunnel
group of journalist from Guwahati
among the eight tunnels will remain
to visit the project site .Speaking to
the media person Mr.
Region-wise Hydropower potential in
Rakesh, Executive Director
terms of installed capacity (in MW)
,LSHEP, said, “As a govt.
undertaking NHPC is
always committed to the
people of Assam and North
east. It would never do
anything, nor did anything
which is anti-people or
against common good. No
doubt, there are some
apprehensions among the
people of northeast about
the project. But a certain
section of people spread the
November-2013

19. open for 24x7 where 250-300 cubic
meter/second of water would be
discharged. So, there is not any fear
of dry up of the river in lower part.
Actually the general flow of water
of Subansiri in lean period/ winter
season is 250-300 cubic meter/
second. On the other hand, in rainy
season ,the water level would be
maintained in 15 meters below the
pinnacle of the dam. In case of
excess water ,eight surge tunnel is
maintained here. The executive
Director claimed, “LSHEP is a multipurpose dam. Along with electricity
production, flood control, irrigation
water navigation etc purpose could
be carried out. But firstly , priority
is given on electricity production
and flood control. Afterwards, other
aspects would be considered.”
Though irrigation is a state subjet,
according to Mr. Rakesh,NHPC has
engaged IIT,Rurkee for feasibility
study.It is to be mentioned that
Assam would get total 533MW
electricity from NHPC’s project.As
per Hydro policy, Assam would get
25MW free power,It can buy
another
208
MW
Power.
Additionally the central govt. has
decided to provide 300MW
unallocated power to Assam.
Dam safety
The concrete Gravity Dam of 116
meter height has been designed for
all statutory load combinations
including all water and seismic loads
as stipulated in IS code 6512.
Provisions for bureau of Indian
Standards and national/international
practise have been followed for
stability and design of dam. Further
during exposure of the dam
Foundation, the rock mass
parameters of the dam
foundation were tested and
have been found to be better
than evaluated earlier during
preliminary design stage.
Though the dam has
been meeting all the
prescribed criteria all along,
doubts were raised on the
stability of the dam
particularly in view of weak
rock present and high
seismicity. Although it is not
difficult to design a dam on weak
rock for any set of loading conditions
as the weak strength properties
would only make the section wider
which in the present case was already
done since from the very beginning.
To clear the doubts of safety and
stability of dam, its design features
have again been
thoroughly reviewed
by an independent
body- Dam Design
Review
Panel
(DDRP) as per the
recommendations of
Thatte committee.
DDRP has suggested
some
additional
safety measures that
will
ensure
s a t i s f a c t o r y
performance of the
dam on a long term
basis for all prescribed
loading conditions in
the present geo
seismological setup.
& The dam has been
designed for seismic design
parameters as approved by national
committee on seismic design
parameters.
& Base width for the dam which was
kept 1.35 times of Dam height will
further be increased to 2.16 times to
incorporate the additional safety
measure proposed by DDRP.
Normally based with is kept as 0.8
times of dam height.
& 30 m long concrete apron provided
at the toe of the dam with end shear
key and 36mm diameter 9m long
anchors to prevent any damage to
dam toe.
Site specific seismic design
parameters study of LSP was
conducted by Dept of earthquake
Engineering IIT Roorkee. The
recommended seismic design
parameters (0.38g PGA) were
approved by NCSDP. Expert group
has disputed the seismic design
parameters adopted for SLP. Owing
to this, NHPC has obtained the
opinion of Emeritus Prof. A S Arya,
an eminent earthquake engineer and
Dr. J R Kayal, former Dy. Director
General and a known seismologist,
who have confirmed that PGA value
need not to be increased beyond
0.38g.
Project background
& Project conceived in the year 1955
by CWC & GSI
& Detailed investigation started since
1976 and agencies involved were
BUSINESS POSITIVE
November-2013
16

20. Infaura
providing Business software
Business, which once had piles of documents,
CWC, GSI, BFCC, CSMRS, NEHARI, &
CWPRS.
& Brahmaputra Board submitted the
feasibility Report in the year 1983 after
detailed investigations.
& Project handed over to the NHPC in
March /May 2000 for DPR preparation
and execution.
Chronology of clearance
& NOC from Govt of Assam in January
2002
& TEC from CEA in January 2003
& Defence Clearance In February 2003
& PIB clearance in April 2003
& Environment clearance in July 2003
& CCEA clearance in September 2003
& NCSDP clearance in April 2004
& Forest clearance in October 2004
& Construction work started in January
2005
– Business Positive Bureau
has now opted all digital formats. Earlier
searching up of information usually took a lot of
time, now it has become easier and faster both
searching and sharing of information. Complete
integration of business software within a business
ensures improved productivity, efficiency and
hence increased profit. Business software is
taking business into a new dimension and making
more competitive. Infaura – An agency founded on December 2012, based at
Duliajan,Assam; has been providing a suite of products featuring various business
needs, to monitor and improve productivity and increased profitability. Student
Management System(Ideal for Educational Institutes); Hospital Management
Solution; Payroll Management System; Invoicing App; Retail Management Solution;
Tea Garden Management Solutions are some benefiting key stakeholders. At
Infaura business can find a custom solution to fully suit its needs. Staffed with
experienced agency professionals, disciplined and knowledgeable training and
support specialists and engineers (who have turned their passion into profession);
Infaura thrives on the immediacy of a client’s business, building ideas into high
quality products using latest standards below cost and above quality
expectations).Few other Infaura services for business interest are:- Front/Back
End Website Development, Website Maintenance and Support, Content
Management, Web and Social Media Advertising, SEO, Long term Web
Management/Maintenance Service etc.How to reach! infaura.group@gmail.com,
contact@infaura.com Contact No. - +91-97074-08976
Coming up-City center Mall
Summary of Hydro projects in Ar. Pradesh
17
BUSINESS POSITIVE
November-2013
City center Mall- a new shopping mall is coming up in
Guwahati. Set up nearby International Hospital ,Christianbasti
which is under construction, the project is taken up by
Brahmaputra group. There will be dual entrances to the mall
both from GS road and Zoo road. A complete zone for shopping
and entertainment, City Centre would be the first of its kind
in the entire north-east. Sprawling over 4,25,000 sq ft built
up areas the Mall will be of G+5 type. There would be 6 screen
pvr cinemas. With more than 150+ retail shops, anchor shops,
food courts,fine dining and entertainment zone the center will
be world class shopping and entertainment plaza. The fully A/
C shopping center will provide a complete lifestyle experience
to its customers. The Mall would have 500+ car parking
basement and large atrium space. If anybody/group interested
to book a shop he/she can contact at 9854077777/9854044444
or email at Mailcitycenter.sales@brahmaputragroup.com

21. JENVAC™
Airtel simplifies data
for customer usage
Indigenous Japanese Encephalitis vaccine
Genome Valley based Vaccine and Bio-Therapeutic Innovator; Bharat Biotech
recently launched its Vero cell- derived purified inactivated JE vaccine
“JENVAC™” which received the manufacturing and marketing approvals by
Drug Controller General of India (DCGI). It is a fully indigenous vaccine
commercialized using strain, identified, characterized, manufactured and tested
in India.The uniqueness of JENVAC™ is its strength to provide increased
immunogenicity and long term protection as a result of unique manufacturing
technologies. The virus strain for this vaccine was isolated in Kolar, Karnataka
during the early 1980’s and characterized by the National Institute of Virology
Pune and the strains were transferred to Bharat Biotech for further vaccine
development. The vaccine candidate strain was adapted to vero cell substrate
and it is manufactured using novel purification, inactivation techniques with
advanced bioreactor technology. The most significant benefit JENVAC™ brings
over live attenuated vaccines is that it can be administered during disease
epidemics because it is a highly purified and inactivated vaccine. Dr. V.M.
Katoch, Secretary Department of Health Research, Govt of India, said “
JENVAC not only represents as a successful example of developing a totally
Indian product of immense public health importance by public -private
partnership but also will prove to be a good stimulus to ICMR institutes and
other institutions to move fast with their leads to fully developed products by
following this route” In the clinical trials JENVAC™ showed superior safety
and immunogenicity, in head to head comparison with the live SA14-14-2
vaccine. JENVAC™ met all its primary and secondary endpoints, in the age
group of 1 to 50 years, after 1 or 2 doses of vaccination. Phase III trials
showed 98.7% sero-protection 28 days after the 1st dose and 99.8% seroprotection 28 days after dose the 2nd dose. The results proved that JENVAC™
can be administered as a single dose during epidemics for mass vaccination
campaigns and also as a 2 dose schedule during routine immunization as part
of the National Immunization program in endemic regions. The added benefit
of JENVAC™ is its ability to provide long term sero-protection.
– Business Positive Bureau, Delhi
It is beyond doubt, that in today’s world,
mobile devices are the most personal and
yet powerful technology used by any
individual- be it a businessman, a
bureaucrat, corporate leader or a student.
In current times, it is used not only for
making calls or texting, but has become a
part of our lifestyle. Data consumption has
grown by 117.0% compared to the
corresponding quarter last year and has
reached 27.3 billion MBs in the current
quarter. This is surely a pointer to the
direction, which is set for the growth of
data in India. In the last few Quarters Airtel
has witnessed a steady growth in data, as
it has moved up. Interestingly, out of the
12 million users of the Re 1 video store
Store’, which allows customers to
download a host of services including
music, games, videos and photos – all for
just Re 1— of these, 4million were first
time mobile internet users. Launched in
May 2013, this proposition introduced
affordable video downloads across 8
genres (including movies, lifestyle, music,
comedy etc.). As part of this, a back-end
technology powered its library of 30,000+
videos worked as compatible with all forms
of mobile technology (GPRS/2G/3G) and
almost all mobile devices. Airtel mobile
customers can dial 56789 from their phones
to visit the ‘Re 1 Entertainment Store’ and
get started. The store is compatible with
over 5,500 mobile devices including feature
phones.Just how well the ‘Re 1 videos’
campaign innovation did for Airtel, on the
data front, is evident from the
encouragement Airtel got to broad base it
into the all new ‘Re 1 Entertainment Store’.
The Traction seen by Airtel’s Re 1 videos
-12 million users of the Re 1 video store
— of these, 4 million were first time mobile
internet users,Traffic volume on Airtel Live
increased to a whopping 22 million in July
2013 from 12 million in March 2013. Some
3,00,000+ videos, games, songs and
photos available for across languages,
genres and devices + internet browsing
packs for social networks / news websites
— all at Re 1 only.
– Business Positive Bureau
BUSINESS POSITIVE
November-2013
18

22. Myshopbazzar.com Ms. India
& Mr. India 2013 crowned
A midst glamour and glitter in the capital
At a grand and glittering show Ms.
Deepshikha Verma from Dehradun and
Mr. Amit Singh from New Delhi were
crowned as Myshopbazzar.com Ms. India
& Mr. India 2013 . Mr. Sagar Shah from
Vadodara & Ms. Shikha Sharma from
Chandigarh were declared as the first
runner up and Mr. Manish Mehta from
Delhi & Ms. Esha Tewari Pandey from
Noida were declared as the second runner
up. The fashion gala was held in New
Delhi on 19th October Where BUSNIESS
POSITIVE took an active part magazine
media partner. Eminent jury and brand
ambassadors for the beauty pageant
included Mr. Shakti Anand, a famous TV
actor who has worked in famous TV
serials, Sudeepa Singh an Indian model
and actress, Actress Nisha Kothari, TV
Anchor Yogita Singh, TV and Bollywood
Actor Amar Upadhyay, Akhil KumarIndian Boxer and Arjuna Awardee, Fashion
DesignerShravan
Kumar
Ramaswamy.The grand finale was
choreographed by Fashion Choreographer
Shie Lobo.The winners of subtitles are as
follows: Ms. Talented (Male & Female):
Mr. Ankit Verma & Ms. Vidhi Sachdev,
Ms. Photogenic (Male & Female): Mr.
Rajat Pal & Ms. Shweta Pal,Ms. Popular
(Male & Female): Mr. Manjunatha Reddy
G & Ms. Payal Singh,Best Model (Male
& Female): Mr. Manish Dadheech & Ms.
Savita Singh,Best Walk (Male & Female):
Mr. Dr Kuldeep Sharma & Ms. Radha
Bhatt,Beautiful Eyes (Female): Ms. Asha
Fred,Best Physique (Male): Mr. Parvez
Magray,Best Smile (Male & Female): Mr.
Vishwash sharma & Ms. Sonali Verma.
The mesmerizing evening was filled with
well known celebrities from various walks
of life. Amar Upadhyay,crowned Mr India
said, “I would like to personally thank
Myshopbazzar.com to provide me the
opportunity to be a jury member for such
a wonderful beauty contest. The
enthusiasm and competitive spirit seen
among the contestants was truly
inspiring.” The contest consisted of six
stages. The first three stages consisted
of objective type questionnaires on topics
like Current Affairs, Hollywood & Indian
Film industry, IQ assessment. The
contestants answered these questionnaires
on myshopbazzar.com website. In the
fourth stage, the participants submitted
their two minute videos where they said
something about themselves. On the basis
of that, 50 contestants were shortlisted
from all over the India. Those shortlisted
50 candidates were moved on to the
penultimate 5th stage which consisted of
a subjective type questionnaire where 5
questions on different topics were put to
the contestants and they were required to
provide answers in 500 words. In the last
screening stage, 10 candidates for Ms.
India title and 10 candidates for Mr. India
title were shortlisted based on the points
that each candidate scored. Ten candidates
for Ms. India title and ten candidates for
Mr. India title were shortlisted for today’s
main grand finale from all over the
country. Myshopbazzar.com, apart from
being one of India’s fastest growing online
shopping portals has also been actively
involved in creating awareness about social
and environmental issues critical for
modern India. As a responsible corporate
organization, we have undertaken issues
like Save the Girl Child, Save Electricity,
Go Green and Save Water as
our Corporate Social Responsibility.
– Business Positive Bureau, Delhi
World Architecture Day Celebrated by Tata Tiscon on 7th October 2013 at Guwahati,Assam
19
BUSINESS POSITIVE
November-2013

23. myshopbazzar.com Ms. India & Mr. India 2013
Business
positive feels
proud to be
magazine
partner
Some interesting moments