Local Business

Malleshwaram Circle was a very beautiful junction, where lovely avenues criss-crossed. Huge trees lined up on all the four roads and made this place a literal heaven. A grade separator made its way about five years ago and hundreds of trees were bidden good-bye. We could not see the sky in those days. But today, people walk under the scorching sun. Many businessmen at the junction, who were running their business for the last 50 to 100 years, have lost their business.For example, there was this beautiful flower shop which was more than hundred years old. I saw the concept…

While many social activists have been shouting hoarse on the evils of globalisation and onslaught of giant Multi National Company (MNCs) on small retailers, some businessmen and their families are silently preparing to face the competition. Change is inevitable and nobody can stop the currents which have started rushing.  Instead of banging their heads against the walls and trying to stop the boulders of Walmart, McDonalds, KFC and other giants entering the field, local businesses have positively transformed their looks to woo local customers, despite their entry!I am talking about the recent splurge of chain store concept in Bangalore.  Of…

Packing lunchboxes, running the kitchen, checking homework, these are but a few tasks for a homemaker. But what if you add to all this, a thriving home business? For creative women like Debika Chowdhury and Meenal Jindal, whose earlier professional avatars were completely different from what they do now, running their businesses from home is also an outlet for their love for art and craft. It also ensures that they have enough time for the family on their hands and are able to give their best in terms of energy and time to both home and work.Meet the women L&T…

Umesh V and his colleagues at The Mobile Store on 24th Main Road, JP Nagar 2nd phase shell out around Rs. 1200 to Rs. 1500 a month, from their own pockets. The reason? Hijras come to their shop every day, demanding money, forcing them to pay anywhere between Rs. 10 and Rs. 50 per day. “In a day, they come around four to five times. In a group there are around three or four of them. If you do not give them money, they use bad words or attack us and pull our clothes,” says Umesh who has been facing…

The markets of Madivala, Nelamangala, Banashankari and Naganathapura wear a new look these days. Buying vegetables, fruits and other home needs in the evenings has become easier now, thanks to the CFL bulbs that have replaced petromax lanterns in these places. They have illuminated smiles on the vendors’ faces too.Sarojamani, a small vendor for the last 17 years recalls that earlier the vendors had to either scramble for a place below the streetlight or spend on costly and low illuminating light sources or pack up their business by sunset. She used to spend more than Rs 900 per month for…

"Downturn is like baptism with fire. The day I surrendered my ID card, I was really down. It was a long day," expresses Suhas (name changed). Twenty-two year old Suhas started working with Sasken, a leading Bangalore-headquartered communications solutions technology company, in August 2008 as a fresh graduate. By the time he finished his six months training for his position as software engineer, the economic slowdown had hit his company. "The trouble started in October, bad news started pouring in. We were under constant apprehension. We thought we would go in December. In December, the firm started firing senior people.…

Luxury apartments with world class facilities, half price sale at a clothes store, mobile phone with three-inch LCD, camera phones…just some of the advertisements on hoardings, serenading the consumer. But today as you drive through the city, more than advertisements for consumer products, you are likely to see advertisers calling for advertisements, their names and numbers given big and bold. Thanks to the economic downturn, say companies, they are taking it slow and cutting down on advertising expenses. But some in the advertising field say it has more to do with the mind than market conditions. Hoardings available on Koramangala…

I have been working in a very reputed BPO (Business Process Outsourcing) firm in Bangalore for the last six years. Today, during our tea break, the question, "Why we work for a BPO?" was raised. Post break I came back to my work station with my thoughts lingering about what we had discussed. Most of us in my group joined because we were either graduates or post graduates and not every one of us could get into management (or) technical trade. In the beginning, all of us felt it’s a 'no other go' scenario and found it difficult to explain…

Behind the chaos that people associate the place with, Kalasipalaya is actually a well laid out grid of streets between SJP Road, Kalasipalaya Bus Stand, VV Puram and Double Roads. The location is perfect to cater to the large 'Market' area with perishable goods like vegetables and industrial supplies. That's the reason; you will find the offices and warehouses of every major trucking company in India in Kalasipalaya. But if you are a trucker, Kalasipalaya provides the perfect pit stop. After a long drive, you have places for the truckers to wash and change. Taste Punjabi food at its dhabbas…

Many people have dreams that they would like to convert into reality, but more often, as reality meets imagination, it's reality that triumphs. And when someone has gone to all the trouble to study Computer Science at a prestigious university in Boulder, Colorado, USA, and followed that up with a degree from IIM Ahmedabad, one may be forgiven for thinking that here's a young man who will follow the usual corporate path and make a big success out of it. But if Sreeram Vaidyanathan is the young man one is thinking of, one would be quite wrong. "I have always…