India, a bright spot in global economy


Right time for foreign investors to tap the huge potential; World community must chalk out strategy to extradite economic fugitives

The Vice President of India Shri M Venkaiah Naidu said that a steady growth rate of almost 7% coupled with a series of reforms made India, the most favourite destination for investments in the world. Shri Naidu said that it was the right time for foreign investors to tap the huge potential offered by India in various sectors from real estate to healthcare.

Shri Naidu said that government’s initiatives and reforms helped India achieve 11th rank in the Global FDI confidence index 2018. Referring to a report by UBS, he said that the annual FDI inflows would rise to $ 75 billion over the next five year and added India with its growth momentum would soon become $5 trillion economy.

Describing India as a bright spot in the world economy, he said India would continue to be the fastest growing major economy in the world, quoting the World Bank’s latest forecast. It said the GDP is expected to grow at 7.3 per cent this fiscal year and at 7.5 per cent in the following two years.

Shri Naidu said that the robustness of India’s institutions, resilience of its policy frameworks, the reforms initiated by the government and the responsiveness of Industry bodies such as CII have insulated its economy from stagnation and helped in achieving the dual distinction of being a stable democracy and one of the fastest growing economies in the world. Continue reading “India, a bright spot in global economy”

Prince’s Trust Canada and Marriott International Announce National Partnership on New Youth Employment Initiative

Prince’s Trust Canada, a national charity established by HRH The Prince of Wales, and Marriott International, a leading global lodging company with more than 6,700 properties across 129 countries and territories, announced a new Canada wide partnership  that will support youth employment and grow the hospitality-talent pool nationally.

Prince’s Trust Canada works with innovative and dedicated employer partners like Marriott International to link young people facing barriers to employment with meaningful employment opportunities. Prior to the partnership announcement, the two organizations ran a successful pilot project in Toronto.

The new Get Into Hospitality program saw 12 under-employed  young people in Toronto get two weeks of rigorous classroom training and two weeks of fully paid job shadowing training at Toronto area hotels. The young people finished the program with new skills, improved confidence and jobs. Marriott International committed to hiring at least 50% of the program participants.

In addition to helping young people struggling to find employment, the hospitality-focused curriculum and paid workplace experience program supports the expanding travel and tourism industry in Canada by preparing young Canadians for careers in the industry.

Continue reading “Prince’s Trust Canada and Marriott International Announce National Partnership on New Youth Employment Initiative”

‘Retail Beyond Detail’ – The Great Indian Retailing Business

 India’s most appreciated retail author Dr Gibson G. Vedamani in the presence of Mr. Rakesh Biyani (JMD of Future Group) released his book –‘Retail Beyond Detail’, the Guide to a successful retailing business at Oberoi Mall, Goregaon today.  The book is a perfect guide for the growth and successful development of the retail business industry. The book is sure to enlighten the interesting environment of the retail business in India.

Sharing the extracts with Mr. Biyani from the book during discussion Dr. Gibson held the audience discussing about the instances of the emergence of the Retail in India as one of the fastest growing industry and how it has extended its frontiers worldwide that has the entrance of world renowned giants like Walmart, Ikea, and Carrefour etc. Today, retailing is about so much more than mere merchandising. It is about casting customers in a story, reflecting their desires and aspirations, and forging long-lasting relationships. Retail today has changed from selling a product or a service to selling a hope, an aspiration and above all an experience that a consumer would like to repeat.

Commenting on the book launch Anupam T, Vice President, Oberoi Mall said “The Retail Industry is experiencing quantum shift in dynamics due to fast changing customer behavior and expectations coupled with technology induced challenges for example e-commerce etc. So far India has occupied a remarkable position in global rankings and is expected to become the world’s sixth largest consumption economy. Continue reading “‘Retail Beyond Detail’ – The Great Indian Retailing Business”

JASHN- A LAVISH AFFAIRÉ raises the bar for South Asian Fashion Experience in Toronto!

By N. Balani

The Greater Toronto Area fashion world was rocked by this one of a kind event held over the weekend at the Red Rose Convention centre In Mississauga.

Fashion brain and former Femina Miss India, Liza Varma teamed up with locals Sharad Lall Mathur and Rajiv Malhotra, to bring together the best in fashion design, models and global expertise. Top gun fashionistas Anju Modi, Shyamal and Bhumika , Satya Paul, Pallavi Jaikishan, Vikas Makhija, Jainee, Prarena Grover and Mohey-Manyavar creations  from India along with Mississauga-based designer Diinesh Ramsay,  Arpan Vohra from the London fashion scene, Rozzy Surii- a familiar face in the Canadian Fashion weeks of Vancouver and Calgary- plus many more graced the spectacular event.

The three day fashion extravaganza opened with a beautiful gala evening filled with dance, music, food and entertainment keeping true to its name Jashn – meaning a celebration. Apart from the elegant runway shows, this splendid affair had exhibits by luxury wedding planners like Vogue Wedding Company and luxury jewellery brands Art Karat and Red Dot amongst many others showcasing their designs and services throughout the weekend.

This event, one of the first of its kind aims to bring in the world of South Asian designers not just for a fashion show but to further Indo-Canadian ties and meld fashion industry with global business opportunities.

As Designer Shyamal put it “the bridal collections we showcase brings India to the world in the form of craft or couture with sensibility to the Western world- it is a kind of fusion”. Continue reading “JASHN- A LAVISH AFFAIRÉ raises the bar for South Asian Fashion Experience in Toronto!”

Showcasing the Automotive ‘JEWELS’ with Cobble Beach at the 2018 Canadian International AutoShow

Art & the Automobile celebrates the industry’s iconic mascots and brands

The 2018 Canadian International AutoShow is pleased to announce the return of one of its most popular features, Art & the Automobile with Cobble Beach – but with a difference.

The display is entitled ‘Jewels’ – an appropriate name given the value and content of the exhibition.  The collection of assembled vehicles and mascots for the 2018 Exhibit will have a total insured value in excess of $20 million dollars.  While 17 classic cars will again be on display at the 2018 AutoShow, being held Feb. 16-25 at the Metro Toronto Convention Centre, all have been selected because of their distinctive mascots (hood ornaments) and badges which, in most cases, are works of art in themselves.

For example, a 1925 Rolls Royce Silver Ghost has a hood ornament called The Spirit of Ecstasy (a.k.a. The Flying Lady) that was designed by acclaimed British sculptor Charles Sykes. A 1929 Packard features an ornament called The Goddess of Speed.

When it comes to badging, a 1952 Alfa Romeo and a second 1952 car, a Jaguar, are examples of automobiles featuring the distinctive badges of those famous marques.

“This is the fourth year that the Art & the Automobile exhibit has appeared at the AutoShow,” said General Manager Jason Campbell, “and this years’ display will take the feature back to its artistic roots.  It’s always on the top of our consumers’ lists of favourite Show features, and this year will be no exception.” Continue reading “Showcasing the Automotive ‘JEWELS’ with Cobble Beach at the 2018 Canadian International AutoShow”