MIRA NAIR

WOMAN ON A MISSION

Mira Nair made headlines in the film industry with the release of her movie Monsoon Wedding. It was a low-budget movie shot in India, inspired by Indian middle-class weddings. This movie not only fetched her $30 million, but also made Mira Nair a household name.

Monsoon Wedding won the Golden Lion award in 2001 at the Venice Film Festival, and thrust the Indian-origin director to limelight. A pioneer in her field, she is one of the few well-researched directors left in the industry. She starts working on ideas only when she is able to connect with them.

Mira Nair is a passion-driven director who not only excels in her profession, but also makes sure that she is doing her part towards the society. Her first feature film Salaam Bombay was based on kids struggling to survive on the streets of Mumbai; she picked up non-actors from the slums of Mumbai and polished them to suit the screen. After the movie, she founded the “Salaam Baalak Trust” to provide a sensitive and caring environment to working street children in Delhi.

This big-eyed woman is rising high in her starry career.

LUBNA OLAYAN

JEWEL OF ARABIA

She was born in a country where women’s rights are still in an appalling state, and women are not permitted to drive or leave the country without their husband’s consent. But Lubna Olayan has braved all odds to become one of the most influential business women of the Middle East.

She heads one of the Saudi Arabia’s biggest firms, the Olayan Financing Company. The group operates more than 40 companies across the region and is one of the biggest investors in local stock markets that cater to the Saudi Arabia’s economy in sectors like oilfield services, steel and fast food.

A bachelor from Cornell University, Olayan dons many hats. She is the first woman to be elected as a board member in the Saudi Hollandi Bank, and made history by being the first Saudi woman to speak at a major Saudi conference. She is also a member of the International Business Council of the World Economic Forum and is on the board of trustees of King Abdullah University of Science and Technology.

Although Olayan has gained much popularity for her business acumen, social causes remain close to her heart. She believes that grassroots organisations have the energy to bring about change in the society and they can address key social issues and taboos in a manner that no other group can. Olayan also supports the advancement of Saudi women in business, for which she has set up the Olayan National Women’s Action for Recruitment and Development.

She is one of the few personalities in Saudi Arabia, who have encouraged the women to come out of the oblivion. Her contribution to her society makes her the real gem of the Arab world.

SANIA MIRZA

THE POSTER GIRL OF TENNIS

Young confident, beautiful and famous – Sania Mirza is a star in every sense! She is one of those few tennis idols who can give the top Bollywood actresses a run for their money. The lady is a perfect embodiment of brain and beauty. She is the first Indian to become No. 1 in women’s doubles category in the sports of tennis, has won several tournaments before her retirement from singles in 2013, and is one of the highest-paid sportspersons in India.

At a tender age of six, Mirza already exhibited an excellent grip on the tennis racket, and when she was a month shy of 16, went on to create history by bagging her first international accolade, a mixed doubles bronze, along with Leander Paes at the Asian Games in Busan, 2000. She is the first Indian woman to win WTA doubles and singles titles (the AP Tourism Hyderabad Open in 2004 and 2005 respectively), several Grand Slams, climb to the top 50 in singles, and earn more than $1 million.

Long a trailblazer, Mirza’s achievements look all the more exemplary in the Indian context where cricket is the most worshipped sport.
In just over a decade, Mirza has become a sensation in the history of tennis. She is indeed one of the best things that happened to India!

SUN YAFANG

THE TELECOM QUEEN

As the Chairperson of the telecom giant Huawei since 1999, Sun Yafang has got her name registered in the list of the most powerful women executives. But she relatively had a humble beginning when she joined Xin Fei TV Manufactory as a technician in 1982. She meticulously went on scripting success stories one after another. Later, she moved on to Huawei in 1989 and became the Chairwoman of the Corporation in 1999.

Huawei is one of the fast-growing tech companies, has made people take notice by outfitting phone and data networks worldwide, and in a very less time has established itself as a reckoned name in the mobile industry.

The firm has made the most of a cheap labour force, state-sponsored finance packages, and steadfast commitment to R&D.

Reclusive in the past and media shy, she has kept a very low profile, these days Yafang is coming forward to speak to people and reveal much about her plans and strategies.

RULA GHANI

MOUTHPIECE OF WOMEN’S ISSUES

The First Lady of Afghanistan and a women’s rights activist, Rula Ghani continues to be the mouthpiece of women’s rights across Afghanistan. Being the wife of Ashraf Ghani, President of Afghanistan, she utilizes the opportunity and works for women’s causes, and has become the country’s first presidential spouse in decades to be seen and heard in public.

Her views on violence against women, rule of law and power of religion have many a time landed her into serious trouble. Often attacked by her husband’s political enemies of being a non-Muslim, she continues her work to facilitate and celebrate womanhood in Afghanistan.

Rula Ghani strongly believes that Afghanistan is going through a profound change. She believes that she has answered the need of a public counselor close to the heart of the government by being accessible – unlike the previous First Ladies of Afghanistan – to common women and men. She feels her purpose accomplished when she witnesses hundreds of women stepping in the wood-paneled meeting room seeking advice on diverse issues, and then leaving composed.

This highly educated, eloquent and evidently passionate lady is equally careful to state her opinion in public. Rula Ghani really appreciates the socially knitted structure in Afghanistan despite 25 years of civil war, thus making her believe in traditional values even more.

NAINA LAL KIDWAI

BUSINESS POWERHOUSE

As the first woman President of Federation of Indian Chambers of Commerce and Industry (FICCI), Naina Lal Kidwai has one of the key roles to play in the Private Banking Segment. She is the first woman president of FICCI. Naina has built a reputation as one of the finest investment bankers of the country. Since she took the position as a General Manager at HSBC India, the bank has shown a high growth prospect.

Despite being born in a family of high achievers, Naina Lal Kidwai had to struggle with the gender bias at several stages. Nevertheless, the woman boss is both humble and discreet in her approach. She was the first Indian woman to graduate from Harvard Business School, though she finds it a sad social comment as Indian men have been going there for at least 25 years and the dissimilarity between the genders upsets her.

She began her career in the year 1982, when she joined the ANZ Grindlays Bank, which is now known as the Standard Chartered Bank. She took a couple of banking assignments before moving to Morgan Stanley’s India operation. As the group General Manager and country head of HSBC India, Kidwai has been instrumental in charting the growth path of HSBC in India for the past 10 years.

Her notable achievements include receiving Padma Shri award in 2007 for her contributions in the areas of trade and industry. She believes that one must concentrate on achieving and resetting targets for oneself; awards are picked along the way.

Greek Economic Crisis

Under pressure from International Monetary Fund (IMF), Greece and other European Union countries trying to resolve Greece’s debt crisis agreed in Brussels on July 13 on new austerity measures to solve the staring problem. The Greek debt crisis started in late 2009 when Greek announced that its budget deficit would be 12.9 per cent of GDP, more than four times the EU’s three per cent limit. The crisis had started much earlier in 2001 as Greece adopted the Euro as its currency. Similar to other Eurozone countries, Greece benefited as interest rates became lower, and investment capital and loans started flowing in. However, the Greek government misreported the government debt levels and deficits, and when finally it admitted the lie, other Eurozone countries and International Monetary Fund tried in vain to bail it out. On June 30, Greece failed to repay its loan to IMF (the first developed country to fail). Things may turn for better after Greece Parliament’s passing a second batch of crucial bailout reforms on July 22.

Landmark Decisions in Bangladesh

Prime Minister Narendra Modi sealed several deals during his last visit to Bangladesh. In a two-day visit, India & Bangladesh signed 22 pacts to deepen cooperation besides endorsing the historic Land Boundary Agreement or LBA. The Indian Parliament ratified the agreement after 41 years. This was Modi’s one of the biggest achievement, as the agreement was signed in 1974 and Bangladesh had endorsed it the same year, but India ratified in 2015. However, once it happened, the visit to Bangladesh was immediately planned by Modi. Some of the most important pacts included an agreement on coastal shipping, a MoU on setting up of Indian Economic Zones and allowing Life Insurance Corporation to operate in the country. With a view to boosting connectivity and enhance people-to-people contact, two bus services Kolkata- Dhaka-Agartala and Dhaka-Shillong-Guwahati were flagged jointly by PM Modi and Bangladesh PM Hasina. The tour ended with an important event where Atal Bihari Vajpayee was to be given the Award of Bangladesh Liberation War Honour, which was received by Narendra Modi, on his behalf.

The Pretty Graceful Rocker

With an increase in per capita income and growing aspirations, people are eventually taking shine to beautiful homes and better living. Nowadays consumers prefer customized furniture and recliners are becoming their favourite pick. Any room filled with recliners automatically attracts eye-balls as they are a perfect amalgamation of class and comfort. As more and more people are looking for relaxation and a stress free living, they are turning to comfortable recliners as an easy solution for either home or office use. These beauties not only add splendor to your house, but also serve as a solution to all your mild body pains. Besides allowing you to put your feet up, recliners have many add-on health benefits such as improving blood circulation, relieving back pain and easing muscle stress.

Though you may feel like picking a recliner that spoils you completely lounging and size and space must be taken care of.

Lounging

While the chair slides back into a more comfortable position and makes you feel comfortable, it also relieves the weight and stress from the muscles in your legs.

Size and Shape

Moreover, with limited space in the newly constructed houses one must consider not only the space available in one’s living room, but also the size of the recliner that would fit one’s shape as well.

Longevity and Usage

Be sure that your investment is worth the cost of the recliner. Cross-check if the quality of fabric, leather, wood and metal from each recliner is crafted within the parameters of the chair or sofa.

Ergonomic Value

Sometimes getting up from a seated position is an extremely difficult thing to do, and when we look at the physical process of doing so anatomically, there is always a revelation.

Customize to Your Choice

There is an array of leather and fabric to pick from.

List of Must-Have Features

Recliners offer a varied range of features, so it is always better to shortlist the must have features before getting it home. New stress-less recliners offer added comfort features such as an articulating earnest, which cradles the head and neck in the reclining position.

Blending Style and Comfort

Ravinder Goel and Naveen Goel talk to AsiaOne about their brain child; Little NAP, the luxury furniture market in India and their target audience

Little-Nap-1How did you conceive the idea of Little NAP?

We felt a vacuum in recliner industry in India and that’s what attracted us the most. Drawing inspiration from Akio Morita Founder of Sony, we conceptualized a range of recliners that comfort you enough to induce sleep, thus finalizing the name as Little NAP.
Four years back we started with a small showroom of around 1000 sft and a small room for production of these marvel pieces, which has now grown up to 10,000 sft of retail touch point. We have production units combined of 22,000 sft, 350 dealers and online presence with all major furniture websites in the industry.
We have been awarded as one of the India’s best SME 2015 by the Skoch Group.

Can you tell us about your major clients?

Some of our prestigious clientele includes Cinegrand India Pvt. Ltd, Movietime Cinemas Pvt. Ltd, Suncity Cinemas, Fabfurnish.com, Pepperfry.com, Evok (Hindware), Aricent Software Company and Supertech Builders.

What are the waves of the luxury furniture market that Little NAP is currently working on?

We are trying to provide maximum comfort in lesser space. People these days appreciate colourful furniture at homes. We offer around 300 different colour options in each of our pieces.

We are focusing on shifting the luxury furniture market from being an unbranded industry to a branded one. Now with so much awareness and publicity, customers are looking to buy only branded furniture.

We are spoiling our consumers by giving them the best after sales services in the industry.

We focus on the personalized approach, where our executives visit consumers’ place and help them decide through 3D drawings for our recliners.

What is the range of target audience Little NAP caters to?

Our target audience is anyone who would like to sit for a movie marathon over the weekend, from all ages. It also varies from a celebrity who wants to rest in his/her vanity to an old-age man who wants to grab a Little NAP in the afternoon. Our consumer base is anyone above the age of 15 years and from all the walks of life.

How is Little NAP different from its competitors?

We strongly believe in selling a concept and not a product to our consumers. We purely act as consultants and not salesmen to our clients, which help us understand their needs properly and hence serve them better. We strive to build consumers’ trust in our brand followed by an aspiration to pick one of the recliners from our vast range. When the industry was pitching black and brown recliners to consumers all around the region, we came up with a wide colour palette of 300+ colours and that’s what we call innovation. It is an ongoing process at Little NAP and with the help of our research and development team we are able to be the trend-setter instead of a mere trend follower.

Will Little NAP foresee Tier-II and Tier-III cities in India as its prospect markets?

We are giving out Franchisee of the major brand Little NAP in Tier-II & Tier-III cities like Jaipur, Chandigarh, Ludhiana, etc. These showrooms will be operated through our major showrooms in the Metros like Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai.

For Tier-II and Tier-III cities, we are also coming up with a low-budget brand under Little NAP, which will launch lowpriced recliners and sofa recliners. We are even trying to customize the massage chairs for these markets.

We hear that packaging is another big focus area.

To ensure the safety of our recliners while delivering through PAN India, we do four-layer packaging by using bubble packing, shrink wrap packing, carton paper packing and carton box packing with strapping.

We are also associated with a few logistic partners for safer delivery of recliners at consumer’s disposal as we provide door-to-door delivery and installation of recliners across India.

Where do you place your brand in the next five years?

Our ambition is to lead the recliner industry and to make Little NAP the first place to shop for a wide selection of medium-to-high-end quality recliners. We will remain dedicated to seeking out new, innovative ways to make it available for people from all genres of life. Our ambition is to have at least one recliner in every house.

BRICS Nations Launch New Development Bank in Shanghai

BRICS, the group of emerging economies, has come up with the New Development Bank (NDB) in Shanghai.

Backed by Brazil, Russia, India, China and South Africa – together known as BRICS countries, the bank aims at lending money to the developing countries, which are seeking financial support in infrastructure development projects.

The bank is seen as an alternative to the World Bank and the International Monetary Fund, although the group claims to be a non-rival.