Oops, I am afraid I confused you! Sorry^^ So you mean, Only Mahendragiri is responsible for that failed mission? Sounds funny to me.
Ya, spot on..I was pointing out that statement only.Sudheesh commented only after you said "brain in bangalore hands in sriharikota". When you say "brain in Blore", people will be tempted to reply and tell you that there are other places which participate in such events like satellite launch.
I think its time for you to address these problems.
hyderabad tops mumbai by a margin.. i think chennai comes fifth, but it is creating lot of organised sector jobs, likely in low wage manufacturing..New Delhi: The absorption of office space is estimated to rise by 24% to 32.65 million sq ft during 2010 in the eight major cities as corporates are on an expansion spree, according to property consultant Cushman and Wakefield.
The absorption stood at 26.29 million sq ft in 2009, the consultant said in a statement.
Out of total absorption this year, Bangalore topped the list with 9.9 million sq ft, followed by national capital region (5.44 million sq ft), Hyderabad (5.25 million sq ft) and Mumbai (4.37 million sq ft).
When compared with last year, Hyderabad witnessed the maximum growth in absorption at 96%.
The report further revealed that the fresh pre-commitments for office space created in 2010, due to be absorbed over the next two years, accounted for 9.2 million sq ft, which is double of last year’s 4.7 million sq ft and stands testimony to the growth plans by the corporate sector.
Almost all the major cities recorded pre-commitments of commercial office space in 2010 with Bangalore, Mumbai and Pune being the most significant ones registering over one million sq ft, C&W said.
“The pre-commitments are back and it is a healthy indication of the revival of the office markets. This also signifies that the corporate sector has been actively planning their expansion strategies which were deferred earlier due to the unfavourable economic environment,” C&W executive director (occupier services) Arvind Nandan said.
Supply in 2010 was recorded at 43 million sq ft, which is 17% less than 2009. “This is mainly due to the cautious approach adopted by developers in order to control the high vacancy of approximately 20% in the market”.
The revival in demand in 2010 and controlled supply of projects have helped to tame the vacancy level currently estimated to be 16-17%, the consultant said.
On rentals, C&W said most micromarkets witnessed about 5-15% appreciation over last year. However, the last quarter of 2010 has seen rentals stabilising across locations.
After several quarters of tepid growth, the office space absorption has grown 23 per cent in 2010, while the rentals in the micro markets grew by 15 per cent as the overall demand for commercial space increased due to better macro economic indicators.
The total commercial space absorption grew to 32.65 million sq ft from the last year’s absorption of 27 million sq ft in the major Indian cities, according to the annual report by real estate consultants, Cushman & Wakefield.
Most micro markets in the country witnessed about 5 –15 per cent rental appreciation over last year, but currently rentals have stabilised across locations. However, select location in Hyderabad and national capital region (NCR) have seen rental growing at a slower pace.
In Mumbai, the moderation in demand led to stabilization in rental values which otherwise witnessed an annual appreciation of 5-10 per cent. Rentals in Bangalore recorded an annual appreciation in the range of 5-16 per cent, while the NCR rentals grew in the range of just 2 – 10 per cent over the year across most of the micro markets.
Fresh absorption formed a significant contributor to the overall yearly consumption numbers accounting for 91 per cent or about 30 million sq ft. The Indian IT capital Bangalore continued to witness the highest space take up in the country with 9.9 million sq ft, while Hyderabad grew 96 per cent over last year followed by national capital region (NCR), which grew 42 per cent over last year.
However, office space supply in 2010 fell 17 per cent to 43 million sq ft due to the cautious approach adopted by developers in order to control the high vacancy of approximately 20 per cent in the market.
“The pre commitments are back and it is a healthy indication of the revival of the office markets. This also signifies that the corporate sector has been actively planning their expansion strategies, which were deferred earlier due to the unfavourable economic environment.
There is also a shift in demand for space in SEZ developments where major pre commitments have been recorded,” Arvind Nandan, executive director, Occupier Services, Cushman & Wakefield India said.
sourceGujarat and Karnataka are the "role models" of a competent and transparent government and a progressive leadership that can attract investors in the coming years, a leading US business forum representative has said. "Competent, transparent, and progressive leadership are key attributes that will attract investors. Karnataka and Gujarat are two states that exemplify such progressive leadership," Ron Somers, president, US India Business Council, told PTI before leaving for India.
"There is a reason why Essar, Torrent, Reliance, Shell, Tata, Adani and some many others are thriving in Gujarat. Effective governance and administration, business- friendly policies, superior core knowledge infrastructure and an entrepreneurial culture combine to make Gujarat the premier business destination in India," he said. During his week-long trip to India beginning Friday, Somers would be travelling to Karnataka and Gujarat, which he believes should be the "role model" for other states for attracting investors and converting themselves into a business friendly destination. "In 2011, USIBC (US India Business Council) will feature such exemplary leadership in hopes of attracting investments to well-governed states, while spurring other states to become more business friendly,"
Somers said he was looking forward to meet the Karnataka Chief Minister Y S Yadiruppa and the Gujarat Chief Minister Narendra Modi. He would also meet the leadership of top companies in Bangalore -- Wipro, Infosys, IBM, Lanco, Biocon and Suzlon. "I am interested in assessing progress for business on the ground - gauging the forward-thinking of various State's leadership," he said, From Bangalore, Somers would be travelling to participate in Vibrant Gujarat business forum. Somers said in 2011 USIBC will feature exemplary leadership, in hopes of attracting investments to well- -governed states, while spurring other states to become more business friendly.
this is by number of patients. we want some report by revenue. moreover biotech companies complement medical tourism wellMedical tourism touches 10,000 mark
Namma Bengaluru, which has already earned the tag of being the Silicon Valley of India, is fast emerging as a major hub of medical tourism, perhaps second only to Chennai. This past year, the number of patients from foreign countries who got treated in city hospitals almost touched the impressive 10,000 mark. This is a 66 per cent jump from 2009 when only around 6,000 foreigners underwent surgeries in the Garden City.
“The rate at which the city hospitals are growing (infrastructure wise along with world class equipment), in the next five years the world is definitely going to look up at Bangalore as a centre of medical expertise,” feels Dr Sharan Shivraj Patil, chairman, Sparsh Hospital.
Dr Nagendra Swamy, president, Manipal Health Enterprise, rightly puts it that “the term medical tourism when it comes to Bangalore is now replaced by medical value traveller.” Information sourced from leading hospitals revealed that patients from 30 countries and other major Indian cities and towns, have been flocking to hospitals here since the past few years. Interestingly, ‘medical tourists’ account for about 20 per cent of the patients in the city’s hospitals, with majority of them coming from the Middle East and third world countries.
The low cost of treatment has been the biggest attraction. For major cardiac surgeries, cancer treatment or an orthopaedic surgery patients here need to pay around one-third of the cost charged in the US or UK.
Air connectivity has been another major facilitator for foreign patients.
The waiting list in hospitals here is also less. “We get a lot of patients from the Gulf. They pay us just 25 per cent of the cost of treatment in their country. There are also many NRIs who seek treatment here as for them it doubles up as a pleasure trip home,” says Dr Devi Shetty, chairman, Narayana Hrudayalaya.
Interestingly, even the government- administered Jayadeva Institute of Cardiovascular Sciences, with its world class facilities is witnessing an influx of foreign patients registering a 10-15 per cent increase in visting patients during the past two years.
“In 2010 we treated around 20 overseas patients and 1,000 patients from other States,” Dr Manjunath, director of the institute told Express.
“Patients from other States, particularly West Bengal have told us that trust is another factor drawing them to Bangalore. Even for follow-up tests, these patients are coming to our hospital,” he says.
Even doctors from abroad are coming to the city for training.
“Soon 25 heart specialists from USA, UK, Vietnam, China and Middle East countries will visit Jayadeva Institute,” he adds.
“Almost everyday we receive lots of mails and queries from patients and their relatives at our hospital’s international division,” says Dr Shivraj Patil of Sparsh Hospital, where the number of foreign patients had doubled to 200 from 2008-09.
The Manipal Hospital has tied up with resorts, star hotels and service apartments for accommodating patients from the US, Gulf and SAARC countries, besides hosting them at its guest house.
Other leading medical institutions such as HCG, Apollo and Columbia Asia too have also been receiving a steady stream of medical tourists.
philips nxp, manyata tech parkBANGALORE, INDIA: Indian semiconductor industry is expected to grow by 12 to 15 per cent from the previous year and the global semiconductor industry would grow 6 to 8 per cent, said an NXP Semiconductors executive.
Sharing this view at the CXO Conclave organized by Indian Semiconductor Association (ISA) and NXP here today, Neeraj Paliwal, vice president and managing director and design services global manager, Central R&D, NXP India said the trend in semiconductor industry is now moving towards ‘society-focused’ solutions that will benefit not one section of consumers, but the community as a whole.
“Increased government spending in India on technology and infrastructure will also boost this trend. Overall, we are seeing four key trends that are driving growth for the semiconductor industry, globally as well in India – energy efficiency, connected mobile, security and health,” he said.
The event also featured a talk by Dr. Rene Penning de Vries, senior vice president and chief technology officer, NXP Semiconductors, on the role played by semiconductors in the areas of energy and security.
Dr. Rene said about the evolution of IC industry from new products being mainly business driven to becoming consumer driven to now increasingly being society driven. The societal changes have impacted the growth of the semiconductor industry.
Rene added, “Demonstrating the need for corporations, we have turned ourselves towards the key trends that are driving growth in today's semiconductor industry are energy efficiency, connected mobile devices, security and health services.”
Focusing on the energy sector, Rene added, “One of the factors influencing global warming is our use of energy and the way it is generated. Optimizing the operating efficiency of chargers and electrical appliances, is a key step. The two major alternatives for the energy sector are generating renewable energy and increase energy efficiency.”
He further reiterated that increasing environmental concerns as well as the need to cut down on energy costs have led to increasing innovation in the field of energy. The high performance mixed signal technologies such as NXP's GreenChip, solutions for smart grid etc. will add on to increasing usage of semiconductors in the area of energy.
Smart Grids and secure transactions would be listed as the top applications in the near future, Paliwal added.
When asked about the scope of Smart Grids, he said, “As applications for semiconductors have become diverse, the industry is moving from being largely technology-focused to becoming more customer and application-focused. Smart Grids is a new experimentation in India, which is expected to pick up faster in the near future.”
NXP will on Friday launch an educational program 'Anubhav' by joining an alliance with 20 university labs on training students about the importance and scope of semiconductor industry, and building microcontrollers.
Speaking about the new initiative, Neeraj Paliwal, said, “The initiative can be considered a revolution among students which would train them in developing microcontrollers on NXP technology and cater them to rural masses. It would make students independent as they are not pressured with ideas and would give them freedom to do what they want.”
He added that R.V. College of Engineering, PESIT and BMS college in Bangalore would top the list for flagging of the new initiative.
More Info : http://www.vccircle.com/500/news/tulip-telcom-buys-data-centre-spv-for-rs-230crThe Tier 4 Data Center will be set up in Bangalore with a total investment of Rs 900 crore.
Tulip Telecom Limited (Tulip), an enterprise data services provider, today announced the acquisition of a data centre facility in Bangalore owned by SADA IT Parks Private Limited (SADA), a special purpose vehicle, at a value of Rs 230 crore.
This is the company’s fifth data centre with its other centres in Delhi, Bangalore and Mumbai. The new Bangalore facility will be owned and operated through a wholly owned subsidiary of Tulip named Tulip Data Center Private Ltd, the company said in a filing.
Spread across an area of 9 lakh sq ft, the Tier 4 Data Center will be set up in Bangalore with a total investment of Rs 900 crore spread over a period of 3 years. After the completion, this will become India’s largest and the world’s third largest single site data centre, the company claims.
“Our new data center will help meet the rising customer requirements for co-location, managed hosting & data storage and a suite of other complementary services including managed security services and storage requirements of our customers from across the globe,” Sanjay Jain, CEO, Tulip Telecom Ltd, said.
“This acquisition will provide us a platform to roll out numerous other services including Cloud Computing, SAAS and Managed Application Services,” Lt. Col. HS Bedi, VSM, Chairman and Managing Director, Tulip Telecom Ltd said.
The new eco-friendly data centre has state-of-the-art infrastructure and can house up to 16,000 racks, backed by up to 100 MW Power supply through 5X20 MW substations and will be able to host over 2,000 technical and managerial workforce. The facility would be ready to be utilized in less than 6 months.
hardware "corridors". shimoga is a must in any list :bash:BANGALORE: The IT state has reason to smile. Four electronic hardware parks in the form of clusters are on the cards in several parts of Karnataka.
After the cabinet cleared the IT and electronic hardware policies 2011 on Tuesday, the government is focusing on developing electronic hardware clusters in Bangalore-Tumkur, Shimoga-Hassan, Hubli-Dharwad and Mysore-Nanjangud, besides giving fillip to IT industries and innovative parks in tier-II and III cities.
"At least 500 to 1,000 acres of land have been identified for the parks," higher education minister V S Acharya said. The sector accounts for 20% of the state's gross domestic product (GDP) and achieved software export target worth Rs 75,000 crore this year.
In another major policy decision, the cabinet decided to withdraw tax exemption granted to tertiary sector activities in export-oriented SEZs located in the city. Tax concession will now be available only to units that engage in production of export-oriented products, Acharya said.
Read more: Hardware parks to boost state's IT image - The Times of India http://timesofindia.indiatimes.com/...T-image/articleshow/7315203.cms#ixzz1BRzFDFvE
BIAL air cargo. Now, bangalore is the great floriculture capital of India :lol:BANGALORE: European boys routinely woo girls with Dutch red roses grown in the vicinity of Bangalore. On Valentine's Day in a couple of weeks from now, the demand spikes dramatically.
The roses grown in the poly houses of Hosur and Doddaballapur reach major importers such as Germany, the UK, the Netherlands, France, Italy, Japan, Switzerland, Belgium and the US.
"Though the Netherlands is a floriculture hub, about 9% of our total exports reaches it. From December to February, our orders go up. The Europeans want it for Christmas, New Year celebrations and Valentine's Day. That's when there's heavy snowfall there and flower cultivation becomes difficult. Crores of Dutch roses are exported to European countries," Soujanya Praveen, assistant director, floriculture wing, department of horticulture, told TOI.
She said the demand for flowers from Bangalore in international market is also high on Mother's day. "Among the most sought after are the Dutch red roses and Happiness (yellow roses)," she added.
"The roses grown at poly houses are exported as their shelf-life is about 10-15 days as compared to roses grown in open fields which survive for only 3-4 days. Exportable roses are different from roses seen in local markets -- Dutch roses are very bright and the buds are tight and closed," she added.
Bangalore has become the floriculture hub as it has pleasant, mild weather and farmers are keen on poly house cultivation. Bangalore logs the highest export of flowers across the nation, with Rs 5.68 crore in 2009-10 through the International Flower Auction Bangalore Ltd (IFAB) to different places such as New Delhi, Pune, Mumbai, Hyderabad, Kolkata, Kochi, Chennai, Mangalore and Goa.
On export list
Major flowers auctioned at IFAB are roses, carnations, tuberose, gladioli, anthuriums, Bird of Paradise, gerberas, orchids, liliums, heliconia and filler material (leaves)
* Roses account for 80%, especially red roses
* Karnataka has 23,000 hectare under floriculture
The annual floriculture export from India has now declined to Rs 75 crore from Rs 200 crore in 2002-03. It's because of tough competition we're facing from countries such as Kenya and Ethiopia.
Jayaprakash Rao | South Indian Floricultural Association
Read more: It's bloom time for rose exports from city - The Times of India http://timesofindia.indiatimes.com/...om-city/articleshow/7322988.cms#ixzz1BYBTPiVm