Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Monday, September 02, 2013

Rupee fall: Windfall for IT sector
September 2, 2013: The falling rupee could make a difference in the IT and IT-enabled services with the revenue from exports in the sector poised for a jump. Though the software exports from Kerala are much less in comparison to the neighbours, the current scenario is promising for the State too.

Kerala's IT exports crossed Rs.1 billion in the last fiscal and would grow by 50 per cent this fiscal, according to the projections of National Association of Software and Services Companies (Nasscom). Kerala has more than 500 IT companies employing over 80,000 people and larger companies are keen on starting operation in Kerala.

The depreciation of the rupee could be a gainful opportunity for the IT sector in the short term, But whether the situation would prevail in the long term remained to be seen, said Gigo Joseph, former head of Infopark and CEO of Smart City.

“It is advantage to software-exporting companies. As far as the contracts are signed in dollar terms, the IT sector will benefit from the current scenario. Companies that signed contracts pertaining to the period of considerable depreciation of the rupee in the 55-65 range, had already made some gains,” said KMC Nair, General Manager (IT), Muthoot Systems and Technologies Private Limited.

What would happen if the rupee continues at a lower value over a longer period? Then there is the possibility of the overseas clients insisting on redrafting the deal. They could demand better rates in the long term, he says.

Nasscom has launched its regional council in Kerala, sensing the growth potential of IT and IT-enabled services in the State. While other States have utilised their potential to a large extent, Kerala has much more to harness in the IT sector. Innovation, high rate of literacy and connectivity are the factors for the State’s growth in the sector.

Courtesy: The Hindu