Sujay Nimbalkar has compiled these reviews of the union budget 2010-11 by different  chartered Accountants of Belgaum.

CA. B.B.Chandargi
Chairman of Belgaum Branch of Institute of chartered Accountants

Income Tax
1.The increase in Slab rate will be benefiting the particularly the middle class Tax Payers in the Income range of Rs.3.00 Lakhs to Rs.8.00 Lakhs leading to a Savings of Rs. 50000 in tax.
2.Also the proposed weighted deduction of 200% on Research activities to will give a major boost to Technology & Industrial growth.
3.Farmers have been benefited as the effective rate of Interest now on will be 5 %
4.The Increase in Tax Audit limit  for Business and Professionals will reduce the paper work as well as the Income tax procedures for Small & Medium enterprises.
5.Charitable Institutions can also carry out Non Charitable activities upto a limit of Rs. 10 Lakhs, this will mean better activities in the nature of public interest.
6.Companies subject to MAT will have to pay additional 5% i.e total 15% as Mat (Minimum Alternate Tax).

Excise Duty  :Excise duty is not favorable for large car buyers
Introduction of few more services under the Service Tax net will boost the service tax revenue of the Govt but it is not a welcome by those service providers.
However the large amount of Fiscal Deficit of our economy  is cause of concern.

CA. Sanjay D Shirguppe
Practicing chartered Accountant, Belgaum

The Basic Exemption  Limit in case of Service should have been increased ( on the lines of increase in Income Tax Limit)  to Rs.15 Lakhs from the present limit of Rs. 10 Lakhs thereby relieving the small service tax providers from the efforts of Registration under Service Tax rules and following the procedures thereon.
However the agricultural interest rate of 5 % to farmers is favourable.
The levy of additional duty of Re.1 per liter on Petrol and Diesel will indirectly lead to rise in the prices of other commodities and services resulting in increase in Inflation. Also I don’t see any steps taken by our Government to bring down the present inflation.

CA Vinay B
Practising Chartered Accountant Belgaum

Our  BUDGET 2010, in the backdrop of rehabilitating economies all over the world was being viewed with greater anticipation to pave the road ahead for growth and development. The budget in a very acute sense projects this with following proposals:
Change in income tax rate slabs to the advantage of individual tax payers.
Reduction in surcharge to corporate tax payers.
Abolition of Commodities Transaction Tax.
Retention of same rate of service tax.
Extra boost for investment in Infrastructure Bonds.
Establishment of agencies to monitor the implementation of infrastructure projects.
Other successful programmes of past years revamped to suit the future requirements (NREGS, APDRP, ICDS, SHG, etc.)
However, the budget was condemned by opposition parties on various issues and this happens to be the first budget that led to walkout of opposition parties.
The major short comings in the budget can be owed to the following:
Increase in excise duties and fuel prices.
Postponement of GST to one more year.
No changes in the basic tax rate of corporate tax payers.

The theme of this budget lies in creating demand through surplus funds in the hands of consumers (individuals) through reduced direct taxes and then charging them for consumption through the way of indirect taxes.

In view of all the above, I opine that no budget would satisfy everybody, as it is only a balancing act of Government Revenues and Expenditures, and keep check of the fiscal deficit, which in the current budget is on the higher side at 6.8% of GDP. There is no need to despair and criticize the budget, as other reforms are due in the near future. I am sure that the coming times will bring better reforms and a lot of growth in infrastructure. The present budget is only a half hearted signal in this direction. I hope for better reforms in times ahead.
CA Nikhil Shevade, Kolhapur

The much awaited (as always) Union Budget was kept before the Parliament by the Finance Minister Shri. Pranab Mukherjee on 26^th February 2010, which can be termed as a relief oriented budget. This time, however, the aspirations were high due to the global economic meltdown. The year 2009-10 has been a very difficult and testing year for India. The FM had to take certain stern steps and had to keep in mind the fiscal deficit before coming out with the proposal. Fiscal deficit was seen at 4.8 per cent and 4.1 per cent in 2011-12 and 2012-13 respectively as per the Economic Survey.

Salient features of the Budget 2010-2011 in Taxation:

1. Direct Taxes:
   1. FM prunes tax rates:
      Income up to Rs 1.6 lakh – Nil, Income above Rs 1.6 lakh and up to Rs 5 lakh – 10 per cent
      Income above Rs 5 lakh and up to Rs 8 lakh – 20 per cent
      Income above Rs 8 lakh – 30 per cent.

New tax rates would offer relief to 60 per cent of tax-payers.

The increase of minimum personal taxation slab of 10% up to Rs. 5.00 lacs will pave the way for better tax compliances and revenue generation for the Government.

1. 1. Income Tax department ready with two—page Saral—2 return forms for individual salaried assesses. The introduction of SARAL II Form will enable the small tax payers to file their return without difficulty.
   2. The relief upto Rs. 20,000/- under 80 CCE would suitably boost infrastructure sector while simultaneously providing tax relief. This deduction is in addition to the deduction limit of Rs. 1,00,000 already allowed under section 80C.
   3. The Budget has given some thrust to conversion into LLP (Limited Liability Partnership) without attracting Capital Gains Tax. However, the restrictions and preconditions may be reviewed to provide full benefit to the conversion of such entities.
   4. While he has left the base rate of 30% the same for corporate taxes, he has cut the surcharge from 10% to 7.5%. This marginal reduction of surcharge will give relief to corporate entities and partially offset the increase in MAT Tax which is raised from 15% to 18% of book profits.
   5. The thrust given on research and development by enhancing the weighted deduction from 150% to 200% is welcome since it will boost research activity.
   6. No disallowance under S-40(a)(ia) will be made if after deduction of tax during the entire previous year, the same has been paid on or before the due date of filing of return of income specified in sub-section (1) of section 139.
      Removal of genuine hardships in this area of TDS is welcome. This amendment is proposed to take effect from the Assessment Year 2010-11 and subsequent years.
   7. Implementation of the much talked about Direct Tax Code from April 2011.
   8. FBT (Fringe Benefit Tax) remains withdrawn.
2. Indirect Taxes:
   1. The increase in Central Excise Rates by 2% would augment tax revenues while bringing convergence with GST rates.
   2. Procedural reforms in placing reliance on CA’s certificates for input credits, amendment in demand provision would reduce litigation and give widespread relief.
   3. Certain accredited news agencies exempted from service tax
   4. Service tax to remain 10 per cent
   5. 10 per cent central excise duty on all non-petroleum products.
   6. 7.5 per cent duty on petrol, diesel, crude restored. Hence petroleum prices will rise.
   7. Government is actively engaged in finalising structure of Goods & Service Tax (GST Act) regime; hopes to implement it from April 2011.

The Budget skillfully balances the need to step up the economic growth on one side, check inflation on the other side and also address the socio-economic needs of the nation. I welcome the Budget however the fiscal deficit and food inflation control measures have to be taken.

The lovers of the drop in Belgaum must be feeling like its Diwali time as they have to spend more to get the same peg they got earlier.

After the opening of MSIL liquor store in the city other wine shops which were charging more than the MRP are now selling at MRP.

The city based wine shops which used to charge Rs.15 to Rs.20 extra are now charging the original MRP.

The lovers of the drop said its time to feast and government’s intervention by opening the MSIL outlet has made the local dealers to also sell at MRP.

The govt. can intervene in here why can’t in intervene in the price rise of essential commodities and also start stores which will sell commodities at reasonable prices. Isn’t it the duty of the govt. to look after the welfare of all its citizens, or is it that the BJP led govt. is biased towards the lovers of the drop.

It feels great to see the sensex zoom past the 5000 mark & also see Tendulkar go past 17000 but it feels bad to see Tea costing Rs.9 per cup and Onions costing you Rs.35/Kg. With this entire rise, Gold is also moving upward direction and now 10 grams will cost about Rs.17800 and Silver will cost Rs.295 for 10 grams.

It was a not so good monsoon then which caused a price hike and now rain during harvest time has taken away the meal from the mouth of both farmers and public.

Inflation is still at its lowest (tough it’s increasing now into the positives) but the price rise is eminent and the Agriculture minister himself comes forward and says that price rise of agri commodities is eminent for the next 3 months. It should have been otherwise, but our ministers are different aren’t they.

Here is a list; what will you buy and how much?

Tomato – Rs.18/Kg.; Onions – Rs.30/Kg; Potato – Rs.22/Kg; Shimla Mirch – Rs.40/Kg; Cauliflower – 20/Kg; Ladies Finger – Rs.20/Kg; Lemon – Rs.2.50 for 1 piece;

Mutton – Rs.215/Kg; Chicken (broiler) – Rs.98/Kg; Eggs- Rs.36/dozen

Tea – Rs.10/ cup in Hotel.

Masala Dosa – Rs.30; Idli(plate) – Rs.15; Uddin Vada – Rs.25; Shira – Rs.15; Puri Bhaji – Rs.30

Tur Dal – Rs.95/Kg; Sugar – Rs.37/Kg; Refined Oil Sunflower – Rs.60/Kg;

Some prices posted on 26 June 2008 Dosa- Rs.25 Idli Rs.15 Puri Bhaji- Rs.20 Tea- Rs.6; Belgaum

Note: All vegetable Prices will vary on a day to day basis. So when you go out to buy the price might have changed. And all these prices are from main Market in Belgaum, if you buy the same in Tilakwadi or else where they will be higher.

By Satish Kumar
Aerospace park planned near Bangalore airport

Karnataka Industrial Areas Development Board (KIADB) has acquired land for the proposed 1,000-acre aerospace park to be developed near the international airport at Devanahalli in Bangalore. The park will include an aviation MRO-related activities (maintenance, repair, and overhaul) and 250 acre of an export-oriented aerospace SEZ. The SEZ is to be developed by KIADB and is expected to become operational from June 2010.

The above piece of news was in highlights along the launch of India’s first Aerospace SEZ QUEST at Belgaum. There is a loud noise on decongestion of Bangalore, government committee for regional imbalance, spreading evenly industries across the state.
Then Why today such extra announcements?
Why can’t an Government Aerospace Park shapes up near Belgaum ?
Belgaum can have Public sector players such as HAL and NAL.
This is utter case of discrimination against Belgaum development rising to competition within the state; bet it, they will sell land at very cheaper rate to attract foreign establishment and the land would remain for long periods vacant, but QUEST is much organized so will thrive up and flourish better.

Belgaum best suits for MRO facilities, the government has already paid the farmers in Sambra and Balekundri for additional 370 acres of land acquired around airport the present Airport is on 450 acres of land, Why not develop MRO at Belgaum The MRO (Maintain Repair Overhaul) just need some additional ware housing some new siding bays and hangers along with additional taxi way. Belgaum Airport is situated out of city the place is already a semi sub urban part with cosmopolitan crowd of Defense establishment and being having good scope of Academic thrust of some new collages coming up in the area.

Present Belgaum Airport

It had happened in past with Belgaum a thriving hub of auto component sector and back bone for Pune auto ancillaries, till date haven’t got an automobile plant or industry though one got sanction was driven away by Greedy MP’s and MLA’s of Dharwad/Hubli what are we waiting for more projects to get eyewash and missed out or driven away.

This is how MRO would be based here

This is how it would look like

Now you all think over How should be the government Policies should be discriminatory like this or prove voice of equality towards the entire state, where are the people/Politicians /Think tanks who calls for fight on injustice to north Karnataka and are mum today, besides have forgotten the support garnered for SWR railway head quarter at Hubli. Is not Belgaum In North Karnataka didn’t we fight then for this cause, though pity we still have not got Dharwad Belgaum rail line and trains to capital city of Bangalore, and Bangalore Mysore line is taken up for doubling.

Anguish here is over this attitude of government towards Belgaumites as second class citizen and time has come to ask them to stop this Let me see after reading this, How many voices will be rising , and more importantly Who will hear it, will it go through MPs MLA and Official dignitaries of Belgaum .

Make a difference for living in this society (though bounded by Linguistic territorial boundaries) we do are much dignified, cannot be ignored!!!!

The efforts of Satish in this particular story are immense, I just hope Govt. is reading this. (Does the Govt. ever read Blogs?)

By Satish Kumar – http://belgaumnri.blogspot.com/

QUEST sez Belgaum Launch Thumps UP ,but Down with Short sighted Belgaum MP’s MLA and the government
It was real good news for Belgaum on QUEST launch with headlines in leading news papers, opening window of opportunity for future development of this place, but there are few every opening facts which I believe must shown to the world .
Positives:
1) Quest I going to create 7000 jobs in near future at Belgaum
2) New MNC SABCA Belgium, FARIAN France and Magellan (In fact Magellan is already had started the establishment,
3) Restoration of Air service in next three months

The third point may have some reservation about load factor , it is true there had been no much load factor on Bangalore sector but there was enough manageable load on Mumbai- Belgaum sector, but still why did government curtailed services and forced to keep Bangalore- Belgaum sector open. Why did doesn’t Belgaum get a cross sector flight as that of Hubli, such as Bangalore -Mumbai via Belgaum sector, with these kind of load factor shared the airline does not lose much income.

Why two yard sticks for Belgaum and Hubli, Our assessment for last four years is Belgaum- Mumbai sector load factor was 87% so how can this be low pax sector. Why state government is more interested in keeping a via Air service in Hubli and not in Belgaum.
The short sightedness of MP’s MLA of Belgaum and state government, on such a big launch event none of them thought of potential of Belgaum to be one f the MRO (Maintenance Repair Overhauling) base in future, they can still justify the acquiring of 350 acre of land for Airport expansion.

Negatives:
Some facts on Belgaum Airport on land acquisition
There is hue and cry in the media -“Why govt acquired fertile land”, let me tell you about this so called place Sambra Airport Area , the farmers are already being selling land to private developers on higher cost (the recent one being Mantri developers) so when it comes to giving to government they start knowing about its fertility , I myself owe three plots on such so called fertile land till date in Balemkundri Pant nagar and Sambra , and out of which I have already constructed a house. The factor here is not at all about fertility or loss of livelihood , most of these farmers have very small land holding average of 3 acres per family individual, and selling land for plot development is big bucks then acquiring from government on fixed rate, so the matter is finally about greed .
Some light on Naval Stock and base repair depot, it is much genuine if defense establishment acquire these land, why should one have objection on matter concerned with the country’s security.
We can still see a ray of growth no matter what the farmers fight for or the politicians fix the rates or private developers vow these village folks with greed lurking out of their mouth.

A developed Belgaum is our dream!

The Cosmos Co-operative Bank Ltd (Cosmos Bank) will open its Maruti Galli branch in Belgaum on 27^th August 2009 at Maruti Galli (Besides Syndicate Bank). The branch Manager Mr.Nitin, said that the bank has a unique repute of itself for serving its consumers. They also provide Demat and Forex services.

The timings also are very flexible for all 10am to 1pm

3pm to 6pm- Week days

Saturday and Sunday half day.

Established in 1906, The Cosmos Co-operative Bank Ltd (Cosmos Bank) is one of the oldest urban co-operative banks in the country, reputed for its quality services. Today, the Cosmos Bank is one of the leading Multi-state Scheduled Co-operative banks. The bank has carved a niche in the urban banking sector with its rich heritage, integrity, adherence to the prudent banking practices, technology savvy customer services. It has attained multi-faceted growth not only in terms of financial indicators / standards but also in overall expansion of activities.

As on 6th July, 2009 the banks financials stood at Rs. 10795.41 crores, comprising of Deposits of Rs.6931.58 crores and Advances Rs. 3863.83 Crores

Cosmos Bank operates through 94 branches and 9 Extension Counters in India spread across 5 States and in 16 Major Cities, which are as follows: Maharashtra, Madhya Pradesh Andhra Pradesh, Karnataka, and Gujarat.

Cosmos bank was the first Multistate Co-operative Bank to implement Centralized Banking System.

• All 94 Branches, 9 Extension Counters,  All Regional Offices and The Head Office are interconnected through the Date Center situated at Head Office and have gone live on “FINACLE”.
• Anytime banking through our ATM network.
• Installation of a total of 86 onsite ATM’s each of our Branches / Extension Counters is completed.
• More than 35000 ATMs connected through Bancs & NFS Tie Up.
• Sweep Facility for transfer of funds between accounts of customers.
• Facility to transfer funds instantaneously to any account in any of our branch network.
• RTGS / NEFT Service for quick transfer of Funds.
• Periodic interest on Fixed Deposits in disbursed through the Electronic Clearing Scheme (ECS).
• Account Statements are available through E-mails.
• SMS facility for Account Balance, View of Last Three Transactions and Cheque Status.
• Franking Facility.
• Utility Bill Payment facility for Telephone, Electric, Mobile Bills, Insurance premiums, Donations etc.
• Making payments of Direct taxes and Indirect Taxes on behalf of our customers on their behalf to the Government through the on-line payment system linked with HDFC Bank Ltd./IDBI Bank Ltd.

 The customers can withdraw money from any (i.e. an Axis bank card holder can withdraw from a ICICI bank atm) ATM without paying any charge.

I got this photo on the internet

The Reserve Bank of India has directed the commercial banks to let customers’ free use of Automated Teller Machines (ATMs) for all transactions from 1 April 2009.

 According to an RBI announcement, the customers can also use ATMs of other banks for balance enquiries free of cost.

However withdrawal by use of Credit cards and use of international cards will attract a fee.

So from now on, all Bank atm’s are my bank’s atm.

 About ATM:
Donald C Wetzel introduced the concept of ATM (Automated Teller Machine) way back in 1969, but it was introduced in India by HSBC – the Hong Kong and Shanghai Banking Corporation in the year 1987. Since then there has been an explosive growth in non human interaction at banks. ATMs can be termed as “Life savers” in case of emergency, as you would find that ATMs are placed not only near or inside the premises of banks, but also in locations such as shopping centers/malls, airports, national highways, grocery stores, petrol/gas stations, restaurants.  

Leading footwear retailer M&B Footwear has opened its exclusive outlet Walk-in-M&B at Nucleus Mall, Belgaum. The store retails a wide range of shoes such as formal, smart casual, semi and dress casual, outdoor and fashion wear.

 Walk-in-M&B is a distinctively unique international footwear retail chain and is contemporary in terms of new age look and approach. They aim to fulfill the needs and aspirations of its already burgeoning target customer through a bundle of well segmented offerings. 

Nucleus Mall

Walk-in-M&B retails brands including Lee Cooper, ID, Provogue, GEOX, Merrell, Firangi and M&B Sports. Currently, the company operates 45 exclusive concept stores, 38 shop-in-shop stores and 70 factory outlets across the country.

Subhash Photos, is a leading name in photography in Belgaum. For all needs of photography you just have to go to one of the outlets and all your desires fulfilled.

The Subhash Photo Systems, Deshmukh road will be inaugurated tomorrow at 10.30am by Shri.Suresh Hundre, industrialist and Dr.A.B.Kalkundrikar, director IMER.

Innovativeness and getting the best in technology for the consumers is the mission of Subhash Photos and they abide by it all the while. Continuing in this consumer driven market, Subhash Photos is opening a new hi tech digital studio & Digital lab on Deshmkuh road, Tilakwadi.

Subhash Photos at Tilakwadi

The suburban market in Belgaum city has now grown towards the once residential areas. Deshmukh road is the heart of business activity and very centrally located and easily accessible. Sighting the same issues they decided to open a new outlet to serve the people more efficiently and professionally.

New lab at Torna Sankul (opp.Katti Studio) on Deshmukh road has been aesthetically designed keeping in mind the latest trends. At the new lab other than the normal printing of photos and sales of Cameras and its accessories, the USP is the personalized gifts and a hi-tech Design centre for all imaging desires.

The new lab will have a hi-tech design centre which will be designing just anything from a Hoarding design to greeting card or it might just be a photo frame.

AllAboutBelgaum Mug

Personalized gifts, i.e. your own photo on the mug or T-shirt are a very common concept in the metros but there was none locally in town. Subhash Photos, with their long term view have just brought this to Belgaum. You can get your own photo or of a loved one printed on a Mug or a T-shirt or a key chain. In the future the range of personalized gifts will be enlarged to personalized mouse pads, piggy banks, pencil box, teddy bears, coasters and much more.

Photo Mugs, T-shirts,Key Chains

In the mugs there are about 10 different varieties from which you can choose, range starts from Rs.295 onwards. The T-shirts are very common and any text matter can also be printed for which you will need to shell about Rs.495 or even more depending on the design. Now those old key chains are history you can have your own photo printed on the key chain which starts from Rs.85.

Another new concept launched is My Album, an album digitally made for your own self, like a photo of your son or daughter with only his or her photos. The studio has been furnished with the latest props and lighting for better photos. This lab will specialize itself in indoor photography like portfolio, group photos etc.

 Now that the photos are printed you need a frame to put it in, and for this, you will get for the first time in north Karnataka imported photo frames with metal finish ranging from Rs.300 to 1200. The design centre will design special photos for frames to be put in your hall or board room. These designs will be one of special designs and the designs will not be repeated for different consumer. 

The new lab of Subhash Photos will be a boon to Belgaum for sure. So just Click and you know where to go to print them, Subhash Photos, Deshmkuh Road, Somwar Peth, Tilakwadi, Belgaum.

This is part two of the story by Gouree Deshpande/ Manjarekar, Read part one here.

Part 2

Den and Ram are so exhausted that they prefer taking a nap rather than brooding over things which cannot be changed. Suddenly ram’s Mobile rings

“Where are you Ram? Heard that people from GSM are terminated. Is everything alright?”Ria sounds a bit tensed.

“No Ria… I mean actually… Ria… I…”

“Speak up ram, why are you sounding so nervous??”

“I am no longer an employee of GSM ria”

Silence persists…

“Ram where are you??” Ria’s voice cracking

“At dens room “

“He too?”

“Yes”

“Ram comes home…”

“Yes dear I will be there in few minutes”.

“What next ram” asks den.

Ram prefers to remain silent.

“I have an idea in my mind.” Den breaks the silence with his words.

“Go ahead den”

“Why don’t you go back to your town and look after your dads business?”

“I am not in a mood to listen to your crap jokes den “

“What’s wrong in it ram?? Don’t you think you can do much better than your dad??”

“What the hell Den? I am an engineer do you think I should go and do farming in Kaivara?? Is it my field?? I want to work in it”

“What’s wrong in farming ram?? You can expand your dads work. You can implement new technologies start your own small scale industries. Why not ram??? “

“NO”

“Look ram I have made up my mind that I am not going to slog in this field. I will rather join dad’s factory in Mysore”

Dens dad owns a Garment factory in Mysore.

“You do what you wish to. But I don’t want to go to Kaivara. It is not that easy den”

“Tell me what’s so difficult in it??”

“See the lifestyle in Bangalore and see that of Kaivara. No malls, no multiplexes, no super markets. And working in a farm??”

“You have workers to work in farm ram. Think with a broader perspective. Why can’t you?? You can expand your business like anything ram. Trust me you will have more satisfaction than any other work”

“What business?? How will I??”

“If every person starts thinking the way you are thinking how will our country progress?? There will be only engineers and doctors and no farmers. No new technologies will be introduced. Think over it Ram. Do you think farming can be done only by people who are not qualified or under qualified?? Why do you think your dad started farming?? “

Ram nods and leaves dens room. He catches an auto straight to his rented flat. He reaches his flat and finds Ria already waiting for him at the door. Tears in her eyes. She sees ram and hugs him.

“amma appa had called some time back” Ria says

“What did they say?”

“They asked whether we are coming to Kaivara for Holi”

“hmmm”                                                                                                                                                                    

Ram tells Ria about Dens suggestion.

“Amma appa need you Ram. I think Den is right. We must go to Kaivara and look after our farms till you get another job. You can keep posting your resumes and wait for a proper job.”

“Is it ok with you Ria?? What will you do in Kaivara? Your career will be ruined”

“It’s just a matter of few days dear. Once you get a good job, we will again shift back. Practically speaking this is a better option at this point of time”

Things are packed and shifted to their relatives place. Den leaves both of them to the railway station.

“Keep in touch ram”

“Sure dude. Hope to see you soon”

Months pass by. Ram is now completely focused in his new work. He has purchased another 2 acres of land and increased his production. There are 20 people working under him who look after sowing, harvesting and other works. Ram visits the farm at mornings and evenings. But down in his heart Ram still feels that he is missing something in life.

He still posts his resume with a hope to get back in corporate world…. He has imbibed new technologies in farming, purchased few more machineries. Crop is of excellent quality and he transports it to near-by places. With Dens fathers help, he has signed up a big contract of supplying grains with one of the industrialists “Mr Rangraju” in Bangalore. In a year or two he plans to start his own factory in Kaivara where he will be packing tinned food. Ria is busy with her job too. You might be wondering what she into is. She has started a small scale business of weaving sweaters, carpets. She has hired a few women and manages to supply the stuff to a boutique in Bangalore and some local places. She is happy with her job too and has a satisfaction of helping the needy by employing them. Ram and ria visit Bangalore once in a month for their business purpose. Ria is quiet excited with her new work. “Business lady” as her friends call her. Den has decided to study abroad. His dad says he is still not matured enough to join his business. So he will be pursuing his higher education. Den’s happy too… Happy to go back into student phase and hang around with girls!!!! Typical enough…

What do you think? Is Rams decision a right one? It’s a point to think.
Why 9 out of 10 engineers join IT? Are there no options available or we don’t want to explore these options?

About the Author: Gouree Deshpande/ Manjarekar was campus recruited in Mindtree consultancy and Cognizant. She worked for Mindtree for a few months. She now runs an institute “Gurukul centre for learning”. She also runs a NGO “Joy Bank”.         

Essar group’s retail venture, Essar Telecom Retail expects revenue of $1 billion over the next three years by selling handsets and accessories in a joint venture with Richards Branson’s Virgin group, named The mobile Store.

The Mobile Store in Belgaum will open shortly next to Sharma Sweets on Kirloskar Road.

The national retail chain stores have been making their entry in tier II cities and this is just one amongst a host of others.

Infact on the same road , Univercell is there in Shanbag chambers, Reliance Communications has it webworld opposite it and Tata Indicom is next to R web world. Leaving them aside there are local dealers like Sachin Mobile and a few others.

Earlier Kirloskar road was full of shops of footwear and now its footwear and Mobiles.

The wait for so many years is over; the Big cinemas in Nucleus Mall will be opened by Mr.Prabhakar Kore MP today evening at 6.30pm. It will be open to public from this Friday with Rab ne bana de Jodi with an inaugural offer of Rs.60/ticket.

This is just a formal opening of the mall and Big Cinemas.

Big cinemas have two screens in here named KAPEEL -1 and KAPEEL -2, after the earlier Kapeel theatre on which this whole mall is built. There is space for about 55 cars and about 250 two wheelers for parking, which is obviously paid.

The interiors are very similar to all those others in metros with anti fire mats, 4 way surround sound etc.

The mall is still not working, only big Cinemas will commence all others have to take up their space yet and mostly the ground floor is being taken up by leading foreign footwear brands and watch brands.

This first weekend for Big cinemas is going to be a great treat for all, them and as well as Belgaumites.
Now we don’t have to go to Mumbai or Bangalore, ‘Apne he shaer mein hain na’.