Global brands join hands with nutritional supplements shopping portal MyNutraMart.com

Bangalore, July 7 (ANI/Business Wire India): Pragya International, a Bangalore-based company, has launched online shopping portal MyNutraMart.com to cater to the growing wellness nutrition market.

The Indian wellness services market is expected to remain buoyant and has the potential to sustain a compounded annual growth rate (CAGR) of approximately 30-35 per cent for the next five years, says a latest study by FICCI and professional services firm, Ernst and Young. T

he wellness services market is currently estimated at Rs 11,000 crore in India.

The FICCI-EY report, titled Wellness- Exploring the untapped potential, highlights that the growth is expected on the back of favorable market demographics, consumerism, globalization, changing lifestyles, increasing availability across categories and regions and rising awareness among people.

Global brands like Joint Expert, Mega-Pro, Zenith Nutritions, Joint’s Coach and Alpha Omega, have joined hands with MyNutraMart.com to sell their brands online.

Pawan of Vista Nutrition’s said: “In US more than 60 per cent of dietary supplements and wellness products are sold online. In India, online shopping is at nascent stage as internet penetration stands at paltry 9 per cent. But still being able to sell online gives us instant advantage to cater to wider market and save on branding expenses”.

MyNutraMart.com is expected to tie-up with more than 300 brands and offer 5000 products to cater to the growing Nutritional supplements market worldwide and in particular India.

The portal offers products for cholesterol management, blood pressure management, skincare, brain and memory, depression, vision and eye. Well known supplements like Grape Seed extract, colostrum, policosanol, glucosamine, spirulina and major vitamins have been included on the portal.

“While the Bodybuilding supplements market in Southeast Asia is well developed, at the same time uninformed and fraudulent selling is on the rise. By joining hands with MyNutraMart.com, we have ensured that the customers will get the option to make informed purchase and avail some discount as well,” said Arvind M Madhok of Bodycare Nutritions India, exclusive distributor for South Asia for US based company MEGA-PRO International, deals in sports nutrition. (ANI)

Go vote, say campaigns, but are people listening?

Bangalore, April 10 (IANS) This election perhaps stands apart for the number of campaigns urging millions of reluctant, often lazy, Indians to walk that extra mile to the polling booth. But many voters say they are not impressed.

‘Where are the right leaders to vote for?’ retorts Radhika Sharma, a 22-year-old college student in Bangalore. ‘Most seasoned politicians fail to impress us as they are only good at rhetoric and not interested in public service,’ she told IANS.

‘Most politicians are interested in filling their own coffers. Only during elections do they come out and fold their hands to seek votes,’ she insisted.

Housewife Meenakshi Rani said: ‘I am not going to vote. First give us the right leaders – who have a record of bringing positive change in society – to choose from.’

Voting will take place in five phases beginning April 16. Counting is on May 16. From the Election Commission and the media to NGOs, they are all on an overdrive to nudge millions of people to vote.

The election authorities in many states have tried to simplify the procedure for registering one’s name in the electoral list and getting voter identification cards.

In Karnataka, for instance, the state election authorities opened 50 Voter Facilitation Centres (VFCs) across the state that worked through the week except Mondays for nearly a month.

Tata Tea, a Tata group company, launched the ‘Jaago Re (Wake up)! One Billion Votes’ campaign, six months back to encourage youth voters.

Janaagraha, a Bangalore-based NGO, has joined hands with it to organise rock concerts by a Bangalore rock group, Thermal and A Quarter. The band toured the metros of Delhi, Mumbai, Kolkata and Chennai with its ‘Shut Up and Vote’ concert. It rounded off the campaign in Bangalore.

But many remain sceptical.

‘These are mere publicity stunts, full of glitz and glamour. The real issues are not going to be solved by the song and dance about urging people to vote,’ asserts IT professional Subhas Panth, 27.

Some say politicians simply don’t have their finger on the pulse of the people.

‘Even during elections, politicians don’t talk of issues like lack of civic amenities, corruption, terrorism and a high rate of unemployment. All the parties are busy in mudslinging,’ rues Sanjay Gowda, an entrepreneur.

Such reactions are a pointer to the huge task that civil society faces in impressing upon certain sections the need to overcome their reservations and participate in the electoral process to bring about the change they seek.

In Hyderabad, hundreds have joined the LetsVote walk. Mumbai and Delhi had MumbaiVotes, DelhiVotes respectively and the IT capital saw the smartvote.in campaign on the net.

Actor-filmmaker Aamir Khan has also done his bit. He is featuring in a campaign with the slogan ‘Sache ko chune, Achche ko chune’ (Vote for integrity, Vote for good people) on television and in print.

In contrast, political parties have not launched any campaign on their own on the issue. Most have, however, set up or revamped their websites to reach out to the people through the net.

Previous voting figures show why such campaigns are needed. In the 2004 Lok Sabha elections, only 58.07 percent of the electorate voted. This time the size of the electorate is 714 million.

Thus, organisations like Janaagraha are pressing on.

‘The nation is facing several problems, with terrorism and economic meltdown being the prime ones. This is the best time for voters to vote and choose the right leaders to run the country. Staying away from elections will not solve problems,’ Vandana Krishnan of Janaagraha told IANS.

‘It is not only important to vote but informed voting is equally important.’

9.9 Media co-founder selected for FORTUNE, US State Dept. Global Women’s Mentoring Program

New Delhi, Apr 8 (ANI/Business Wire India): Anuradha Das Mathur, one of the founders of 9.9 Media, has been selected for the prestigious FORTUNE magazine and US State Department Global Women’s Mentoring Program.

This unique program combines the study of U.S. business culture with a working mentorship program that enables talented, emerging women business leaders across the globe to spend a month in the U.S. to enhance their capabilities and propel their careers forward.

Top American female executives – FORTUNE’s Most Powerful Women – mentor these emerging leaders to support them in their professional growth. FORTUNE Most Powerful Women Summit and the U.S. State Department established the Global Women’s Mentoring Partnership in May 2006.

Mathur will join 35 rising star women from around the world for the 2009 FORTUNE program slated to take place from April 26 to May 21. The program participants are fully funded by their mentor’s company.

The three-phase program opens with an orientation session in Washington, DC, where the participants meet with senior women in government, academia and business to discuss the importance of public-private partnerships, learn of American best practices in business and government and engage in interactive leadership and communications training sessions.

The international participants are then paired with one of FORTUNE’s Most Powerful Women Leaders from companies like Time, Inc., Avon, Xerox, Wal-Mart, Microsoft, and Exxon Mobil in cities across the United States.

For three weeks, American and international participants work together in mentoring relationships to share the skills and experiences necessary for strengthening women’s leadership.

Throughout the mentorship process, participants shadow a powerful woman leader and take away best practices that they can apply to their professional lives at home. The program concludes in New York City, where the participants have meetings with Goldman Sachs, Solera Capital, and Good Morning America, and to discuss lessons learned and plans for future activities.

There are now 84 FORTUNE/State Department alumnae around the world.

Mathur co-founded 9.9 Media with four other colleagues in September 2007. She is a graduate of Lady Sri Ram College, University of Delhi, and has an MA in Economics from Trinity College, Cambridge University.

She will be mentored by Patricia Fili-Krushel, who is Executive Vice President of Administration of Time Warner Inc. and is one of its senior coporate officers. Before joining Time Warner in July 2001, Fili-Krushel was CEO of WebMD Health and President at ABC Television Network. Last year, Suma Krishnaswamy, founder of Bangalore-based Cambium Biotechnologies, was selected for the program from India and mentored with Diane Gulyas, Group Vice President, DuPont Performance Materials. (ANI)

Chennaiites race to the Malaysian Grand Prix

CHENNAI: Narasimhan Subramanian has formulated the perfect plan. After his flight from Chennai lands at the Kuala Lampur International Airport,
he’s going to quickly freshen up at the airport and then head to his dream destination the Sepang International Circuit, home to the Malaysian Grand Prix 2009. Similarly, many Chennaiites are making the trip across the ocean to watch Kimi Raikonen and Lewis Hamilton, amongst others, bust it out on the race track. “When the first Formula 1 Grand Prix was inaugurated in Malaysia in 1999, I knew my wish to watch the event LIVE would become a reality,” says Subramanian, who heads an advertising agency in the city.

For many of these avid F1 fans, this is not the first time that they are travelling across the globe to watching a Grand Prix live. Samtani, managing director of Stereo Vision, has attended eight Grand Prix, four of which were in Malaysia. “I’ve been to six races all over the world in Malaysia, UK, Singapore and Germany,” says Leela Krishnan, former rally racer and Formula 3 champion in 1992. He is also the technical director (cars) for the Bangalore-based Red Rooster Racing team which will be taking part in the Formula BMW Pacific Series also held with the Grand Prix. Rohan Karat, an IT professional, will be watching an F1 race for the second time. “My first one was in Singapore last year and it was brilliant. I knew I had to come back,” he says.

Recent reports have stated that most of the racers aren’t very happy with the Malaysian track, since it is too hot. Subramanian says one can’t complain about the weather, especially in a tropical country like Malaysia. “I agree it can get extremely hot, but at the end of the day, this track is one of the best it has long stretches, nice curves and is perfect for Formula 1,” he adds.

Rajan Syal, CEO of Federation of Motor Sports Club of India is not attending the event this year, but adds that the Malaysian track is spectator-friendly. However, he thinks the event has come at the wrong time for Indians. “It is exam time for the children and the end of the financial year,” he adds. Samtani feels that things can get stifling on the track. “If we think it’s hot as a spectator, it’ll be worse for the driver. Temperatures are supposed to go over 55 degrees,” he says.

Ferrari seems to be these race fans’ favourite and most of them are looking forward to watching BMWs, McLarens and Ferraris zoom around the track. “The sound of an F1 car is akin to a jet engine. On TV, it all looks so easy, it doesn’t capture the excitement of seeing it at the venue,” says Subramanian. Karat adds that the smell of rubber and the vroom’ of the cars complete the ambience. However, Krishnan prefers catching the action on TV. “The noise and all the hype is exciting at first, but I prefer watching it on TV. Sitting at the track gives you only a view of what’s in front of you,” he says. Samtani adds that purists should watch it on TV. “But if you want to have fun with other petrol-heads this is the best event to watch together,” he says.

Infosys to pick up most of IBM’s support contract with Australia’s Telstra

Melbourne, Mar.24 (ANI): Bangalore-based software giant Infosys will pick up most of IBM Global Services’ multi-million dollar applications support contract with Australian software giant Telstra, after the latter’s deal with the former was scrapped following TELCO reducing its outsourcing partners from four to two.

According to The Australian, the decision to shift from IBM to Infosys could result in hundreds of job losses locally and in Bangalore, where IBM operates outsourcing centres.

IBM GS staff were told the scratching of the vendor’s software support would represent about 50 per cent of its one billion dollar, six-year deal with Telstra, signed in early 2006.

Telstra’s decision to drop IBM was a big surprise to IBM GS staff, who expected the contract to continue until 2012.

The deal was lost not because of performance issues but because Infosys low-balled the IBM offer, sources said.

Telstra has been reviewing its IT outsourcing contracts with Satyam, EDS, IBM GS and Infosys since last year, when the TELCO announced it would trim its list of major IT suppliers from four to two in an effort to reduce costs and streamline its providers. (ANI)