So the government has done it again. After managing to procure only about 11 million tons out of the targeted 15 million tons from our farmers, the government has gone ahead and imported about half a million tons from the international market at a much higher price. A process which, in its entirety, ends up…
The Barista Way
The Barista outlet outside Barton centre on M G Road seems to have come up with an excellent way in order to improve their “table turnovers”. They simply play loud and jarring music in order to make the stay as unpleasant as possible for the customers. And new ones keep pouring in so they are…
Vidyarthi Bhavan seems to have got it right
Recently, I had written that the old restaurants in Bangalore need to cash in on their loyalty factor and make use of the inelastic demand in order to remain profitable. Vidyarthi Bhavan in Gandhi Bazaar seems to have gotten it right, at least partially. Of course, they remain closed for lunch and dinner, and on…
Saving the old “hotels”
Recently, an article on the CNN-IBN site about old eateries in Bangalore shutting shop made its way into my inbox a number of times. Read it the first time, and put a “well left” on all subsequent occasions. And recently, in response to some other totally unrelated post, someone wanted me to comment on it.…
Protect The Chain, But At What Cost?
Recently the West? Bengal State Marketing Board chairman Naren Chatterjee had to say this about Metro?s entry into the state, ?have heard that they will sell directly to the trade then what will happen to the people in the chain, they will become jobless. We will not allow any one who disturbs the chain.? Similar…
Upset
I am writing this a few hours after two of the most shocking upsets in World Cup history. Both India and Pakistan have lost. India still have some faint hopes, with two games in hand. If they win both these games, and really heavily, there is still a faint chance that they may qualify. Pakistan,…
The Grameen Bank and Indian Microfinance
It is refreshing that this year?s Nobel Peace Prize has gone to Dr. Mohammed Younus and the Grameen Bank. With the last few Nobel Peace Prizes having gone largely to diplomats, giving the prize to an institution in an underdeveloped country which has taken development to the masses is a welcome change.
interest rates derivatives revisited…
so my favorite topic of interest rate swaps has made front page news today (in the Business Standard). apparently the food corporation of india (FCI) entered into a swap with Barclays in which FCI received fixed and paid an interest rate linked to the yield on Indian GSecs. now it so happens that reverse repo…
Telecom pricing
Yesterday I sent an SMS to Pradeep, who lives in a village called West Lafayette in Amreeka. A couple of minutes later, I get an angry mail from him ?loser, why did you have to send that SMS? I just got charged 10 cents for receiving that! You should?ve mailed?.
the airport conundrum
Those of you who would’ve flown recently would’ve noticed
Woody’s
In the midst of the hole-in-the-wall darshinis and old Kamat-style sit-down eateries, the old madrasi restaurant in Bangalore Woody?s has come up with a novel concept of selling South Indian food. A kind of concept which provides fast food, while at the same time, makes the restaurant a kind of hangout place.
UD and the Masala Dosa
A few months back, before went on exchange, we thought of doing a survey of “delivery systems in south indian fast food (read darshini) restaurants in Bangalore”. And maybe publishing a paper on it. However, thanks to our combined laziness, it’s never happened. Nevertheless thought of writing what I’ve been observing in a few restaurants…
Water privatization
, , , two others and I initially thought we are going to fraud our project in Infrastructure Appraisal, Financing, Privatization and Regulation (IAFPR). We decided that each of us would put in 4 man hours of work where we would each come up with 4 pages of report and put it together. It just…
Airport Infrastructure
Today, we had a manager from a consultancy company talk to us about the airline industry. Apart from usual stuff like low cost vs full carrier, cyclicity of the industry, scope for consolidation, etc., one important thing that was mentioned is that most Indian operators have placed huge orders for aircraft. It is expected that…
Bhelpuri Economics
Every evening during my last term break, I used to go on a long walk round South Bangalore, and used to top it off by eating somewhere. Being too impatient to sit at a table and order, I would typically saunter into some fast-food places and make good all those calories burnt in the walk.…