Pakistani stores eye Indian markets

April 23, 2012
Pakistani
New Delhi, April 23: From running a single franchise store for 12 years in Delhi to planning to open 200 more across Mumbai, Delhi and smaller cities, Pakistan's largest fashion retail chain Sefam is the stuff businesses dream of.

After a successful showing at the first-ever Lifestyle Pakistan exhibition in Delhi, Sefam said the demand for Pakistani couture in India is too huge to be met through the one store they have in India.

The retail chain with eight brands including Barezee, is first planning a flagship store in Delhi , and also scouting for partners, said Zain Aziz, Sefam's head of international business.

They are one of several Pakistan lifestyle businesses ambitious about expansion plans in India following the huge response to the April exhibition.

Over 100 Pakistani lifestyle companies showcased their products and services in Delhi from April 12 to 15. The companies were from a wide range of segments , including textiles, couture and pret wear, designer furniture , leather accessories, food products, marble ornaments and handicrafts.

The exhibition has spurred 36-year-old designer Asim Jofa to plan exclusive outlets in India. Jofa has been selling in India through a distributor for the last three years, but is now eager to have his own stores. "I can't wait to start my own stores in India. It would be brilliant if we could trade with each other. After the wonderful response at the exhibition , I feel more than at home now," said Jofa.

Kashif, group CEO of leading Pakistani retail brand Chen One, which specializes in lawn prints and dresses, pret dresses and home textiles, said he is encouraged by the significant sales and bulk enquiries in Delhi. The retail chain is also looking to setting up stores across India once trade norms ease.

"Up until now, trade between the two countries has been indirect . But now we don't want that. It will be a win-win situation for both countries if we could increase trade," Kashif said. The brand is all set to come back for an exhibition in Mumbai to be held after two months, which will enable it to look for local partners. "We are looking for a joint venture here. We are very keen to work with India," he added.

With huge demand for Pakistani muslin and lawn dresses, Pakistani retailers said India could figure as their largest market after the US and UK if trading were to be opened up.

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News Network
March 7,2020

Mar 7: Two Malayalam news channels, Asianet News and Media One, which were banned by the information and broadcasting ministry for their coverage of the recent violence in Delhi on Friday evening, were allowed to resume telecasting on Saturday morning.

While Asianet News appeared to have begun operations around 7am on Saturday, Media One was screening content by 9.30am.

The ministry of information and broadcasting had imposed a 48-hour ban on Asianet News and Media One for their coverage of the Delhi violence for 48 hours from 7.30pm on Friday. Both Asianet News and Media One were barred under Rule 6(1 c) and Rule 6(1e) of the Cable Television Networks Act, 1994.

The ministry of information and broadcasting alleged Asianet News and Media One were "biased" and critical of the RSS and Delhi Police.

The ban on Asianet News and Media One triggered a torrent of criticism of the move. Congress MP Shashi Tharoor asked how "Malayalam channels inflame communal passions in Delhi?" and alleged some English news channels were continuing "their brazen distortions" with impunity.

In a statement issued on Friday after the ban, Media One termed the move "unfortunate and condemnable" and called it a "blatant attack against free and fair reporting". Media One called it "an order to stop free and fair journalism".

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News Network
February 2,2020

New Delhi, Feb 2: The Congress on Sunday released its manifesto for Delhi polls, promising to implement unemployment allowance of Rs 5,000-7,500 per month and cashback schemes for water and power consumers, if voted to power.

Presenting the manifesto, Delhi Congress chief Subhash Chopra said the party will provide free power up to 300 unit per month.

The manifesto also committed to spend 25 per cent budget each year on fighting pollution and improving transport facilities.

An unemployment allowance of Rs 5,000 for graduates and Rs 7,500 for post graduates per month will be provided under the Yuva Swabhiman Yojna, he said.

The Congress will launch flagship cashback schemes for power and water supply to benefit consumers saving these resources. The party, if voted to power, will open 100 Indira Canteens to provide subsidised meals at Rs 15, Chopra said.

The Congress will challenge the Citizenship Amendment Act (CAA) in the Supreme Court and demand the Centre to withdraw the law. The party will also not implement the National Register of Citizens (NRC) and the existing form of the National Population Register (NPR), if voted to power in Delhi.

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Agencies
January 4,2020

New Delhi, Jan 4: In more troubles for the former Finance Minister and senior Congress leader P Chidambaram, the Enforcement Directorate (ED) on Friday questioned him for over six hours in its probe into the Air India aircraft deal case, first time since his release from Tihar jail almost a month ago.

A senior ED official told IANS, "We questioned Chidambaram for over six hours today in the ongoing probe into the Air India deal with Airbus."

According to financial probe agency officials, Air India had planned to buy over 111 aircraft from Airbus and Boeing during the erstwhile United Progressive Alliance (UPA) government in 2009. This is the first time the ED has questioned the senior Congress leader in the Air India deal case.

The questioning of Chidambaram came for the first time since his release from the Tihar jail where he spent 106 days in connection with the INX Media money laundering case. He was released from Tihar on December 4 last year after he was granted bail by the Supreme Court. The former finance minister is also being investigated by the ED in a separate money-laundering cases of Aircel-Maxis deal.

An ED official said the contract to buy 43 aircraft from Airbus was finalised by a panel of ministers headed by Chidambaram in 2009. According to the ED, when the proposal to buy 43 aircraft from Airbus was sent to the Cabinet Committee on Security (CCS), there was a condition that the aircraft manufacturer would have to build training facilities and MRO (Maintenance, Repair and Overhaul) centres at a cost of Rs 70,000 crore. But later, when the purchase order was placed, the clause was removed.

The name of another UPA minister, Praful Patel, had also come up in the alleged scam in a charge sheet filed by the ED against corporate lobbyist Deepak Talwar on March 30 last year. Talwar was arrested last year by the ED after he was deported from the UAE.

The ED is probing the Air India-Indian Airlines merger; purchase of 111 aircraft from Boeing and Airbus at Rs 70,000 crore; ceding profitable routes and schedules to private airlines, and opening of training institutes with foreign investment.

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