Economy

How do unemployment, inflation and economic inequality affect the lives of urban residents? How does government policy impact local economies and livelihoods of the people? Gain insights into these through community stories, reports on urban economic trends and developments as well as expert commentary.

UNITES Professionals is perhaps the first and only registered union for employees in the IT (Information Technology) and ITES (Information Technology Enabled Services or Business Process Outsourcing) industry in India. The organization is working on better work environment and setting standards in the industry Karthik Shekhar (L). Courtesy: Karthik Shekhar. With its headquarters in Bangalore, UNITES Professionals has offices in New Delhi, Mumbai, Hyderabad, Kochi, Thiruvananthapuram and Kolkata. Pushpa Achanta interviewed Karthik Shekhar, the General Secretary of UNITES Professionals over email. Tell us more about UNITES? UNITES Professionals strives to create a distinct and cogent link between employers and employees…

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The May edition of Startup Saturday Bangalore saw a full house with around 130 people attending it. This is one of the highest number of turnouts in all Startup Saturdays ever. It is held on every second Saturdays of every month at the Indian Institute of Management (IIM), Bangalore since March 2008. Startup Saturday is a monthly networking hub for entrepreneurs. It provides a monthly platform where local entrepreneurs, professionals and students get together around engaging talks from veterans in the startup industry. The audience plays an active role in shaping the discussions and brain storming sessions are to be…

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If Corner House ice creams continue to be sought after despite the many competitors in the market, it is due to the characteristics of this brand. Quality, quantity, consistency, value for money and the importance of customer feedback. All maintained over the years by the values that A Narayan Rao, the founder of Corner House, lives by. Lack of greed and contentment in life is the way he puts it.Launched in 1982, as a bakery and fast food place, Corner House saw some rough times in the beginning. Though items like chicken rolls, burgers and pizzas did very well, the…

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Ladies and gentlemen, boys and girls and foodies of all ages - It's showtime. In the blue corner, priced between Rs 249-299, claiming to offer "old Dilli" cuisine, please welcome More than Paranthas (MTP). Its challenger, in the red corner, with their Set-Menu priced always at Rs 299 and claiming to offer authentic Mughlai cuisine, put your hands together for Umerkot! Veg Starters at Umerkot. Pic: S K Shivashankar. Round 1 - Decor and DecorumWhile MTP offers a much better lit and aesthetically pleasing decor, it loses out in terms of customer service which is simply not brisk.Round 1 is…

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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…

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He's the monk who makes the cheese and sells it too! Father K L Michael. Administrator of Gualbert Bhavan, a monastery in KR Puram, is a priest with an alter ego as a cheese maker. A variety of Italian cheese. Pic: Theresa Varghese.How did a priest from Kerala end up supplying cheese from Bangalore to the best of Italian restaurants and star hotels in the country? As Father Michael himself puts it, with a characteristic little smile tugging at his mouth, "It was a long journey."A boy of 15, he was among 11 youngsters in the first batch to join…

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Rural idyll is not too far from the city and sometimes almost inside. A relative of mine told me about Mallaiah and his scenic farm just on the periphery of the city and how the land was under threat as the city greedily expands. Mallaiah with family. Pic: Varsha N Achar. Mallaiah lives in a small village called Gongdipura which comes under Kodigehalli taluk, about 5 kms away from Magadi Road-NICE Road junction in Bangalore city. I drove on the narrow road leading to Kodigehalli from the Sunkadkatte main road. Small houses on revenue sites and petty shops dotted on…

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An experience at Matteo, a new coffee house on Church Street will guarantee you much more than a hot beverage. Matteo is a modern coffee and tea joint started by the Sterling Mac group (Mac fast food) and is already attracting a sizable group of people. Their walls are plastered with boards explaining the coffee harvesting process and their pillars have facts about tea. Pic: Meghna Raghunathan.This coffe house opened on December 21st and it boasts of some of the best coffee in the country with imported varieties from all over the world and tea in silk sachets. According to…

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With cameras we shot Things 'cool' and hot And stories we got Of what was but is not... Pasha's chai 'Lock'ed with paan Mosque view Ulsoor Market Timekeepers for generations Smile please... Pandian, Ijaz and friend Glow of steel! How's my future? Clothes ahoy! A centurion Bankers of yore Pure caffeine Welcome home:) Oct-3 to Oct-9: Bazaar Street, Halasuru Market Carts moving and stopping Cycles ringing and pedalling Stalls on wooden boxes Shops under metal roofs   Pasha the tea maker Mary the fruit vendor Pandian the sundal seller Abdul the fishmonger   Temples, churches, mosques Standing for centuries Hawkers…

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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…

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