ಹಿರಿಯ ಛಾಯಾಗ್ರಾಹಕರು ಮತ್ತು ಪತ್ರಕರ್ತರಾದ ಶ್ರೀಮತಿ. ಜಮುನಾ ರಾವ್ ದೈವಾದೀನರಾಗಿದ್ದಾರೆ ಅವರ ಆತ್ಮಕ್ಕೆ ಚಿರಶಾಂತಿ ದೊರಕಲಿ ಮತ್ತು ಅವರ ಕುಟುಂಬದ ಸದಸ್ಯರಿಗೆ ಅಗಲಿಕೆಯ ನೋವನ್ನು ಭರಿಸುವ ಶಕ್ತಿಯನ್ನು ನೀಡಲೆಂದು ಭಗವಂತನಲ್ಲಿ ಪ್ರಾರ್ಥಿಸುತ್ತೇನೆ.
YOU will be old one day, if not already an elder. I am writing a book on what one considers the golden years of life, or the sunset years. It could be a life of contentment, enjoyed with children and grandchildren, or one spent in ‘the outhouse on the first floor’ where well-off children keep their parents in grand isolation to die.
It depends on your perspective. If you are young I hope it will prepare you for the inevitable future. A future you have not seen yet. If you are already in that period, you have passed through youth, a stage that sets your thinking pattern, and lifestyle. The old, or to use a less harsh term, the elderly, have gone through youth, and need to reorient themselves to face the new situation with equanimity when they grow old.
The youth, having never been old, are blissfully unaware of the closing chapters of the book of life. They may want to prepare themselves for it. They should.
This book may help.
Negativity in outlook may make you think of old age life as living in an outhouse, mental or physical. The son – usually in India it is the son – and grandchildren live on the second floor. The ground floor left to servants, kitchen, dining table and a drawing room. Most well-off children give a first floor room to old parents. No one talks to them.
In fact that was the intended title of the this book first ‘Outhouse on The First Floor’, with a catchy blurb ‘Coming of (old)Age in India’. The blurb was borrowed from Dr. Margaret Mead’s book — ‘Coming of Age in Samoa’, considered a milestone in the field of Anthropology.
Then I found this was a negative approach and that few had heard of Dr. Mead or the anthropological concept of ‘coming of age rituals’.
Old age has some common problems I mention in the book. An American code of ethics for journalists prohibits the word old. It says it is judgmental. A 16 year teenager may be ‘old’ for a little child. A 60-year-old may be ‘young’ for one who is 90. It wants ‘elders’ to replace it.
One of the most common problems is negativity of outlook, perhaps due to the thoughts of the coming end..This should be replaced by a positive attitude. Negativity makes the elders’ existence miserable. Positivity should be encouraged.
The desire to reorient to a positive attitude will make you think of old age as the golden years, not a prelude to sunset. The sunset is inevitable. As sure as the sun rises every morning, it would set The ultimate reality is death. Worrying about it will not stop or postpone the end even delay by a minute what is destined.
One of the first lessons taught in disaster management is“Be Prepared”. It is also the Scout movement motto. So one must know all aspects of the Golden Years –the emotional, psychological, medical problems, the economic options, precautions and the legal steps needed.
One of the most common regrets of the aged is that they had not done enough for their own parents in their final years. This may or may not be true. What is important is that they think of it when it is too late. Edward Fitzgerald had said in his great translation of Rubayyat by Omar Khayyam: “The Moving Finger writes and having writ, moves on. Not all thy piety nor tears can lure it back to cancel half a line.”
No amount of regret can put the clock back. When you realize that your children may treat you just as you treated yout own parents, it may be too late.
It reminds me of a story I was sent several times, about an old woman in an old-age home. Her son rarely visited her. Once the home manager phones to tell him that she was serious. She may not survive. She wanted to ask for something. He goes to the old- age home,wondering what the mother who asked for nothing all these years wanted.
She tells him,“I never asked for anything so far. But after I die, I want you to get some fans installed here. I know you have an AC room. I think you will face great discomfort without at least a fan when your children send you here in your old age”. The son then realizes the love of a mother. She endured hot Indian summers without a fan for years. But she was concerned more about his own discomfort when old.
Then there is the story of a rich man who kept his aged old father in a cattle shed. He fed him a little food daily in a ceramic plate. The frail old man one day dropped the plate. Ii broke.
When the son was scolding him for being careless, his schoolboy grandson joined him. “You are so careless. I was hoping to use the same plate for my dad when I send him here in his old age.” It was an eye-opener for the boy’s father.
You should ensure that your golden years are not about sunset but happy days in all aspects – social, medical, economic and legal. All well planned.
That is what this book intends to deal with. The latest, Arun Shourie’s great book ‘Preparing For Death’ (Pinguin) is an excellent treatise examining the religious, philosophical and spiritual aspects of the issue. No claim to such scholarly pursuit is made here
I seek advice from all, as I did in the case of my two earlier books. Before I finalize it for a publisher, whose editors will again make changes I want to get inputs from all. It is called crowd sourcing.
The book will be divided into several parts. They may be called sections, books, parts or just one, two, three and so on. These will be — MIND dealing with psychology,attitudes, relationships,old-age homes etc. Health or BODY is about medicines, Is it good to be vegetarian or vegan? It will also deal with infections, personal hygiene. Is Longevity a curse or a boon?How to avoid stress. How to age with grace. Alvida Na Kahna (don’t say goodbye) will be on the mystery of death, happy ending. SOUL will be on religion, spiritualism or spiritual needs, and teachings of savants on death. MONEY will deal with financial planning, investing for old age, Mutual Funds,FDs and Senior Citizen Accounts. Should you have monthly income plans? What are Sukanya Samriddhi Yojana, zero-age policies for grandchildren, ponzy schemes and perils of greed for easy money. There will be a section on LAW – how to avoid property disputes by writing a Will. What does dying intestate mean? It will deal with legal protection of the aged – the new Act on maintenance. The book will list facilities for senior citizens.
–Someswar Rao
Any suggestions …pl let me know on someswar1@gmail.com (No H in the name).
9.2 msf integrated office park located on Outer Ring Road Bengaluru, India’s best-performing office sub-market Addition of 35+ blue-chip occupiers to REIT’s existing marquee occupier base Adds long-term earnings power through 33.7% mark-to-market potential and 3.1 msf development, of which 36% pre-leased NOI, DPU and NAV accretive transaction fortifies Embassy REIT’s position as one of Asia’s largest office REITs by area
Bengaluru, India, November 17, 2020 : Embassy REIT, India’s first publicly listed REIT, announced today that it has agreed to purchase Embassy TechVillage assets (“ETV”) from affiliates of Embassy Sponsor, Blackstone Sponsor and other selling shareholders for a total consideration of ₹97,824 million ($1.3 billion), subject to Unitholder and regulatory approvals. The acquisition comprises c.6.1 million square feet (“msf”) of completed area, c.3.1 msf of under-construction area, of which 36% is pre-leased to JP Morgan, and two proposed 518-keys Hilton hotels within the overall ETV campus. Embassy REIT is exercising its right under the ROFO agreement to acquire the asset.
Mike Holland, Chief Executive Officer of Embassy REIT said, “The proposed accretive acquisition of Embassy TechVillage will mark the addition of another trophy asset to our existing office portfolio, while reinforcing our stable cash flows. ETV is a unique large scale business park, in the leading Outer Ring Road sub-market of Bengaluru, with a diversified blue-chip and predominantly multinational occupier base, including JP Morgan, Cisco, Sony and Flipkart. The acquisition further deepens our presence in Bengaluru, which remains India’s strongest office market, and significantly enhances our scale and ability to deliver embedded growth. We are delighted to purchase an asset of the quality and scale of ETV at a 4.6% discount to the average of the two independent valuations. This acquisition aligns perfectly with our overall strategy to maximize total returns for our Unitholders.”
Jitendra Virwani, Chairman & Founder of the Embassy Group said, “We are pleased to deliver on our commitment to support the growth of the REIT platform through the ROFO pipeline. The Embassy TechVillage ROFO reaffirms the commitment we made at the time of the REIT’s listing to provide Embassy REIT with a pipeline of opportunities for completed and rent-yielding assets. Over the past six years, Embassy Group has developed ETV to be one of the finest office assets in the country, and we are pleased to offer this asset to the REIT for consideration and approval by the Independent Directors of the REIT Manager and the Unitholders. Embassy Group will continue to develop top quality office assets across the country, thereby providing the REIT with a potential pipeline of assets that will help it grow inorganically over the coming years.” The REIT proposes to fund this c.₹98 billion ($1.3 billion) acquisition by issuing equity of c.₹60 billion ($812 million) through a combination of an institutional placement of c.₹37 billion ($500 million), and by way of a preferential issue of units to third-party selling shareholders of c.₹23 billion ($312 million). The proposed placement of units is expected to increase the REIT’s public float, enhance its liquidity, and serve as a catalyst for the REIT’s potential inclusion into additional benchmark global equity indices. The REIT also plans to refinance existing ETV debt facilities of up to c.₹36 billion ($492 million) through a combination of equity and issuance of new coupon bearing debt.
Transaction Highlights Aggregate enterprise valuation of ₹97,824 million is at a 4.6% discount to average of two independent valuation reports Enhances Embassy REIT’s commercial office portfolio scale by 28% to 42.4 msf, facilitates entry into Bengaluru’s best-performing sub-market and further diversifies Embassy REIT’s occupier base Stable cash flows with strong embedded growth through 33.7% MTM upside on 97.3% leased area and 3.1 msf of on-campus development, of which 36% is pre-leased to JP Morgan Attractive acquisition with proforma accretion of 28% to Net Operating Income (‘NOI’), 4.2% to Distribution Per Unit (‘DPU’) and 3.0% to Net Asset Value (‘NAV’) per unit basis 6 months period ended September 2020 Strong framework in place regulating related party transactions including approval by independent directors of the Board, majority of unrelated unitholders’ approval required for ETV acquisition, and no acquisition linked fees to the REIT Manager Fairness opinion issued by HSBC Securities and Capital Markets (India) Private Limited to the independent directors of the manager to Embassy REIT opining that, subject to the assumptions and limitations of the scope, the proposed value of the acquisition is fair, from a financial point of view, to the public Unitholders of Embassy REIT The acquisition is subject to certain condition precedents and requires Unitholder, regulatory and other approvals. Morgan Stanley and Kotak Investment Banking are serving as joint financial advisors to Embassy REIT, while S&R Associates and Clifford Chance are acting as legal advisors to Embassy REIT. Ernst and Young LLP conducted financial and tax diligence and HSBC Securities and Capital Markets (India) provided a fairness opinion to the independent directors of the manager to Embassy REIT for the proposed acquisition.
Hyderabad, 12th November 2020 : Lactel, Frances No 1 milk brand has launched its affordable UHT toned milk 1 Litre packet at an MRP of Rs 70 and looks to provide consumers with the best of nutrition.
The launch of UHT milk marks the entry of the world-famous brand Lactel in India, which was founded in 1967 and today has over 50 years of experience and is present in over 50 countries. Groupe Lactalis in the past has had a strong involvement in the Indian Dairy Industry wherein several Indian dairy brands such as Thirumala, Anik and Prabhat are today part of the group.
Lactel UHT milk comes fortified with Vitamin A & D, covering the need for nutritional goodness, ensuring better immunity, stronger bones and muscles with strict regular quality checks. Lactel has now entered the Indian market as a brand ready to position itself with its strong focus on high quality products meeting existing French, Indian & global standards, while ensuring retention of all the nutritional goodness in their affordably priced packs.
At a time when many state governments are trying to ban crackers to decrease pollution, how about Seed Pataakas that can be grown for flowers and vegetables By Ranjani Govind
What has seeds of chilli, marigold, tulsi, tomato, spinach or the flowering Daisy White got to do with Diwali? If you want to support Seed Paper India that is producing “sustainable crackers” for this season, you will connect with ‘festive pataaka’ that will see your ‘crackers’ crack in soil and grow into plants! “We are happy to introduce “Seed Pataakas” taking our eco-friendly products forward in our list. We have plantable crackers, and not burst-able crackers. This is our offer for a COVID 19 pandemic that will help people have a smokeless, noiseless environment while celebrating Diwali with plants and lamps instead of fire and pollution,” says Roshan Ray, Founder, Seed Paper India.
Speaking on how these silent and eco-friendly crackers look Roshan says they are almost similar to the usual variety of crackers available in the market, except that they are made out of recycled handmade paper with vegetable colours, completely bio-degradable. “We have come up with six ‘festive pataakas’ with seeds, instead of gunpowder, that match the make. Hydrogen bomb 1 with chilli seeds, Hydrogen bomb 2 with Tomato seeds, the milder Bhoomi Chakra with Tulsi seeds, Raja Rocket and Bijli bomb with Marigold, and Flower pots with flowering Daisy White! And instead of Sursurbathi, we have Cork Diyas (lamps), the waste wooden lumps fallen from Oak trees that are collected and machined into lamps. These lamps are so light that they float in water to make the festive look more special,” explains Roshan.
One can plant these pataakas in soil and with regular watering, they sprout as plants in four to six weeks time. Roshan has Hamper packs (costing Rs. 250) and individual crackers that people can choose and customize from. The Hamper Special, that comes with Diwali greeting cards, contains variety seed crackers, cocopeat, instruction card and an Oakwood Cork Diya. “We have orders for 500 boxes, as of now. But responses received from many corporate organizations are positive as they can share an eco- friendly product that addresses both Corona and pollution. It’s a feel-good factor of having contributed a small share towards environment,” says Roshan.
It’s been a long time dream for Roshan to come up with a product of this kind, as plantable crackers are also made at Seed Paper India factory in Bommasandra by women from nearby villages in Anekal and Chandapura. “When I was a young boy of seven, I burnt by hand with crackers, and once I decided on my profession and passion, I wanted to share ideas where people consider going green. Diwali and Corona is the right time for this offer,” says Roshan who still doesn’t expect too much of sales. “When I came up with Plantable Ganeshas for Ganesha Chaturthi, many wondered how they could immerse the idol in soil, instead of water. My company believes in embracing a culture of change to address environmental degradation. All of us need to give back to mother nature,” explains Roshan adding that “it will take time for people’s mindset to change.”
And to make Seed Paper India’s eco-products more visible, Roshan has gone one step further and formed an Eco-entrepreneur group with nearly three dozen “eco-warriors” from Udupi, Tumkur, Bidar and Bangalore to take across the message to people. “I have mentored a large group of Environmental Engineering students. They are spreading awareness to make a difference to people’s lives in a positive way,” says Roshan.
Much research has gone into Seed Paper India products where plant and seed researchers are in touch with Roshan for increasing the repertoire of offerings. In 2014, the company started with hand-made paper invitations and packing boxes made from waste cotton cloth, and later brought in seed-calendars. The company expanded to Seed-flags for Independence and Republic day celebrations, apart from Plantable Ganeshas.
Roshan Ray, born and brought up in Bengaluru, passed out of his engineering from the Dayanand Sagar College in 2005 and joined his family business of handmade paper industry. “At the mills we are totally sustainable, as we devised a method of going eco-friendly by not using tree cover for paper production. We have been approaching small industries and garment factories to give us waste fabrics that otherwise go to the landfill.”
You must be logged in to post a comment.