DesiReflections

Big cities in   India are seeing new kind of work places. These are a hybrid of Office and Cafe. These are called Co-working spaces.Normally these are a mix of work and play with conference room, wi-fi,  printers fully ready to cater the new kind of businesses. Interestingly these work places also have shower rooms, area to take nap and also equipped with  indoor games. Now the question is that who comes to occupy space there ? It draws a steady mix of consultants, freelancers, entrepreneurs and small business owners, they are changing the way certain pockets of the commercial real estate market work, in the country's commercial capital. Mumbai is next to Banglore in the number of co-working space, there are spaces which can accommodate 2500 people. the way more and more such spaces are coming up, it is expected  that by the end of 2017 40 to 50 more spaces  will be added in Mumbai.These spaces are emerging as a new asset class that is going to resultin a n...

I shifted to Bombay in the year 1985 from Bareilly. I was born a brought up in Western Uttar Pradesh and honestly speaking, I never heard about Chhath Puja. That year,one of my Bihari friend asked me to accompany his family to Juhu beach on the sixth day after Deepavali for a family ritual. That was the time when most of the Bombaites were also not aware about this festival. It was evening time, and around  fifty sixty ladies in traditional Bihari attire praying sun half immersed in water with folded hands  and offering vegetables, herbs  of season  and home cooked savories  in a tray made of bamboo sheets.The time has passed since, now Chhath Puja at Juhu beach has become one of the biggest event of the metro , it  attracts lakhs of devotees. The occasion also utilized by  political leaders of Bihari origin who want to capitalise on the religious sentiments.   Chhath Puja, also known as Surya Shashti, is a very important  fe...

Big news is that China joins the ranks of the world’s 25 most-innovative economies, while Switzerland, Sweden, the United Kingdom, the United States of America, Finland and Singapore lead the 2016 rankings in the Global Innovation Index released in August 2016 by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO). China’s top-25 entry marks the first time a middle-income country has joined the highly developed economies that have historically dominated the top of the Global Innovation Index (GII) throughout its nine years of surveying the innovative capacity of 100-plus countries across the globe. China’s progression reflects the country’s improved innovation performance as well as methodological considerations such as improved innovation metrics in the GII. Despite China’s rise, an “innovation divide” persists between developed and developing countries amid increasing awareness among policymakers that fostering innovation is crucial to a vibrant...