Cheque Truncation System rollout by Jan 2013 for faster cheque processing and better safety of transactions

In order to streamline cheque clearance and processing, RBI has stipulated that banks must now make use of Cheque Truncation System or CTS from the new year. This has also been necessiated to ensure better security and scanning for safer transactions.

cts-Masthead

 

The main difference between CTS and non-CTS cheque books would be the words CTS-2010 mentioned vertically on the top left part of the cheque and a grey patch below the account number space on the cheque towards the left bottom. An illustration of such a cheque from Citibank and ING Vysya Bank are as shown below.

cts-citi

These cheques are already into circulation and some of you might already be having the same if you have ordered a cheque book recently. However for those who do not have this yet, your old cheque books and leaves would be considered void and unusable after this month end. To avoid your cheques being dishonored, you can get a CTS compliant cheque book from your bank as soon as you can to start making use of the new system that is rolling out from the next year.

 

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The iPhone 5 launches tomorrow in Bengaluru !

 

 

 

Apple is finally launching the iPhone 5 tomorrow in India. A mail from the imagine store specifies that they would launch the iPhone 5 tomorrow. What is already a well known fact is that the iPhone 5 replaces the earlier iPhone 4S with the pricing remaining intact at about 44,500 for the 16GB version, 52,500 for the 32GB and a whopping 59,000+ for the 64GB version.

 

At the price of the 64GB version Indians could do a lot of better things like paying 6 months of rent for a house, or buying a bike, or even buying an iMac. For the more culinary oriented guys, this money can buy you 300 costa cafe mochas, or about 600 MacD burgers.

 

While the iPhone 5 definitely has a lot going for its design and functionalities with the iOS6, it still does not justify the price being double of what other smartphones that provide same or similar features. S3, or the HTC 1x for instance.

 

Where Apple shines as compared to the others is in honoring its device warranty with mostly a replacement for devices like the iPhone or the iPad or with a definitive repair for the iMac. But these goodies too come with a cost of roughly 10%-20% of the product price in terms of a yearly Apple care cost. While this is still justified for the iMac or the Macbook Pro, it most certainly looks to be an overkill for a device such as an iPad or a phone.

 

With the leading phones by HTC, Samsung and Google at roughly half the cost, Apple’s iPhone 5 pricing seems to bring down the sheen in a highly competitive market. Add to that propreitary accessories, plus inaccessibility to the file system and not much real functionality available and the recipe isn’t even worth what you are paying for. Add to that a sloppy maps and siri functionality for India, and you would be having a dead on arrival product as compared to other phones which are live and fresh at the moment.

 

Google and Samsung are right on top of the game giving Apple a tough time in terms of pricing. While Apple still would make most of its revenues in America, Europe, and UK alone, there is a fierce couter attack on the Asian side from the Korean giants Samsung and LG. LG’s upcoming nexus 4 will be butter smooth, has had a great review on major websites, plus at half the cost and much better google integration is more than ready to trounce the iPhone hands down.

 

The latest release of Google’s voice search for Apple devices only goes to prove how important Indian english as an accent is for India specific devices. The accuracy of Google’s software is simply mindblowing and more realistic than the dreamy Siri software which is more based on retrospecting on the questions asked to it. Needless to say the gaffe on the siri and maps precision has led to Apple asking its executives handling these to depart which has also led to its share price erosion to some extent and also brings to the forefront the possible bitter politics that can rear its ugly head sooner or later.

 

There is also no conclusion on whether the carriers would be launching nano-sims across the country once the device is rolled out. Most likely they will but they remain until this day tightlipped about this possibility even many of us already know too much about the iPhone. The iOS6 itself is losing some of its sheen after the jelly bean 4.2 update as the iOS6 has no great additions than what used to already be there.

 

So given the upsides and downsides of the iPhone 5 launch, would you go ahead and buy one of these? I would love to hear from you on this! Go ahead pour your comments!

 

 

 

Metro lines to open during third quarter 2013 to mid 2014

The Bangalore Metro (BMRCL) has today stated that the metro services towards West and South Bangalore must see the light of the day by about the third quarter of the next year. While this is an unexpected delay, it will no doubt be a boon when this really opens up to this extent.

routemap

(image courtesy: BMRCL)

 

The most crucial parts of underground metro lines surrounding majestic (city central) area would however not be ready until almost mid of 2014 which is when one can say the two lines are completed and fully usable. On the south stretch, KR Market to Puttenahalli (near Metro Store on Kanakapura road) and on the west stretch Swastik to Hesaraghatta (which is more of a straightforward line) would be a substantial distance of coverage for some real time commutes for the people residing there when it opens up for public.

Particularly its bad luck for the people around Vijayanagar as they have to wait atleast another two years before their route sees the light of the day! For now its a long wait of atleast one more year until the said plan takes shape and we see some routes operational. Better late than never!

Also the government has approved a direct line between MG Road and BIAL (airport) which is expected to take people to the airport in 44 minutes from MG road. The only downside of such a decision is the amount of road work, dust and pollution it is expected to create for the next two years along the already screwed up Bellary Road.

newroutes

New routes of Namma Metro (image courtesy: TOI)

 

The government has also considered a route between Banashankari Temple and Electronics city along the outer ring road and Hosur Road, and another line between IIMB and Nagawara junction to facilitate people from the south to reach the north easily. These are just on paper as of now and hopefully must be part of atleast a 2020 vision for Bangalore. This is acceptable considering that the busy London Underground Tube Rail took almost a 100 years to reach where it is today! Good luck to you BMRCL and hope you cheer up many more people next year by finishing things on time!

 

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Airavat bliss and Airavat superia launched in Banglaore

The government on Wednesday launched two new buses Airavat Bliss and Airavat Superia on introductory routes Bangalore to Chennai and Tirupati. while the first series comes with Chemical toilets and built in pantry, the second one comes with these and additionally live TV and wifi internet services throughout the journey.

aira

 

This definitely has perked up the road travel aspect for those who discerned it earlier due to the toilet break reasons! Additionally ladies can feel a bit more easier on these routes now. While a break of additional 15 minutes can be avoided, these buses would now be equally costiler and as much as comparable to other similar services such as Olivea which already operate in Bangalore.

Definitely the KSRTC service would be a bit more practical while the Olivea is generally more comfortable due to superior seating even though its the same multi axle volvos. The real issue is the cleanliness of the toilets and overall sustained maintenance which would be an issue as the service is continued over a longer period of time. There is a general lack of concentration on this and its reflected by customer complaints already with Olivea. Lets hope KSRTC does not repeat the same mistakes.

The costing of Olivea is about 2500 to 3000 bucks a one way ticket. However KSRTC does not still provide pricing details for this clearly on their website.

Have you availed of their services already? Why not provide your opinion on the same in the comments section?

 

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The new face of Hotmail !

 

 

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Nandi hills to get artificial waterfall, and splash pad and other facilities

Today’s paper carries a tender call for Nandi hills to be upgraded as a tourist destination in the true sense. It is not very clear what facilities will be provided, but the nandi hills is sure to get an artificial waterfall a-la-Courtallam simulation at kishkinta water park chennai.

ScreenHunter 01 Aug

 

Besides that there is also going to be a splash pad which is a water area without standing water. Unlike many wave pools that are part of Wonder La, or Innovative Film city or other theme parks the splash pad is quite the contrary concepts which does not mandate any heavy cleaning procedures since the area dries up naturally. it will be a great pastime for kids as indicated by the pictures on this blog.

The estimated time for completion of these is 8 months which means by next July it should be ready for enjoyment. It clearly goes to show the importance that the GoK is giving for the development of the area next to the Airport and Nandi Hills seem to be their best bet yet. Karnataka continues to build on its tourist policies slowly but steadily and this will surely put it in the right spot given the number of yearly visitors to the silicon city of India.

 

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What can you expect out of iOS 5 ?

ScreenHunter 01 Aug. 06 08

 

The urge to know more about iCloud made me ponder whether I could go ahead and install the iOS 5 beta on my phone. Since I knew that there was support for the iPhone 3GS, it was time to fuel that urge further. So I googled about and found a website that shared the iOS firmware.

The point here is that to install iOS 5.0 beta 4 version, you also need the corresponding iTunes 10.5 version. With some luck I could find it here and here respectively. (hotlinks to this page won’t work)

You must carefully note that this link is for 3GS so if your phone is different read that homepage fully before making a download choice.

Installing iTunes was no difficult. Once done, its the normal procedure of putting the iPhone in DFU mode to start loading iOS 5 firmware. This link explains the steps better.

To continue further, click here :

Continue reading

Ezone goes into online sales mode

This had to happen someday. Kishore Biyani’s E-Zone was on an expansion spree with many outlets in Bengaluru. The Rajajinagar one was the biggest of all and the Future Group started gobbling up many more properties to open an e-zone everywhere. But what he did not anticipate is the performance of other small time players with the weapon they had against him –  ONLINE SHOPPING!

It is important to understand that when you open an physical store, it is going to cost you money. From the rentals to the employment you need to generate to keep the store going, and the miscellaneous bells and whistles like the parking space the footing of electricity bills and generator fuel and what not. Not to forget to mention the traffic jams generated due to your store, the physical store route is always the least profitable. When it came to electronic gadgets, distributors caught on to the fancy of opening their own stores a-la-ebay.

The small time players dealt everything online and slowly grew big. This included sites like the erstwhile fabmall.com which got taken over by indiaplaza.in, flipkart.com which is waiting on a potential acquisition from a bigger player like Amazon in the USA, and infibeam.com –  another suitor. Now we are not even still talking about online retailers like lootspot.com, letsbuy.com, naaptol.com, theitdepot.com and the likes who can collectively kill E-zone’s entire marketing strategy in one flat year sending it into a loss making enterprise.

Kishore Biyani being an intelligent guy has understood this issue well and has decided to offer e-zone on a platter –  so that young online shoppers who do not have the time and convenience can pick up the items they need online from the same huge store across the street. What matters then are the logistics of how to overthrow established players like flipkart.com in the longer run. E-zone’s strategy for sales has always been linking non moving products bundled into some ridiculously highly priced ‘offers’ which people with common sense can easily grasp and stay away from this store. Their products except the MRP’d ones, have always been on the costlier side of things. Given that they are entering online and the fact that Amazon is going to set up shop in India, this kind of selling strategy might fool a few people but not all those who have time and energy to search out a best deal among participating sites. Amazon can with one sweep of their hand kill E-zone’s forward thinking moves with their established presence and product lines.

Better late than never is always appreciated but unless E-zone tries to price its products competitively online owing to the fact that the factors mentioned in para number two are not there anymore as a liability, this is going to be turning out into yet another dormant online shopping portal. We have see this happening with other portals before, and E-zone is not special to get itself out of this mess. Only time will then tell whether this venture is a success or not.

 

KHB Suryanagar allotments phase 2 now announced

 

The government of karnataka has today announced the second phase of KHB Suryanagar site allotments. The advertisement is specifically for LIG and MIG houses of 550 square feet and 600 square feet respectively. These translate to roughly 30×40 and 30×50 homes. The number of LIG houses is 110 and the number of MIG houses is 68 that are still available. The payment terms are Rs. 4lacs for the LIG and 4.75 lacs for the MIG. The total value of LIG homes is Rs.16 lacs, and the MIG is Rs. 19 lacs.

The following will be the conditions of the scheme:

  1. The application process is now open
  2. Applications which are not filled properly will be summarily disqualified without assigning reasons
  3. The rules of allotment will be as per stipulated standards of the housing board
  4. If you are from specific castes like SC/ST a certificate from tashildar is required to be provided along with the application
  5. If you are from the army or other forces a certificate from the same office would have to be enclosed with the application
  6. If you are a government employee a letter from the office you work from has to be enclosed with the application
  7. If you are a handicapped person you must enclose a certificate stating your handicap from a registered government practitioner (doctor)
  8. All senior citizens have to attach a copy of their age proof or birth certificate along with application
  9. Every applicant have to provide an affidavit stating how many other properties in the state they have purchased amongst their immediate family members (if any)
  10. The last date for submitting duly filled in applications is 8th of August, 2011 at the designated bank branches
    1. Axis bank Jayanagar
    2. State bank of mysore, CBAB complex caveri bhavan
    3. Corporation Bank, SC road,
    4. Union bank of india, Navrang Circle
  11. For those who have already applied, they need to deposit the difference of initial deposit directly in the name of Commissioner, Karnataka Housing Board, Bangalore using a challan in any of the bank branches mentioned above. All prior applicants must also mention all their personal details along with previous application number, in a slip attached with the challan compulsorily. If any of the details are not mentioned, then those applications cannot be processed due to lack of information
  12. All applicants must pay the intial deposit and the fee for application in one single DD in the name of Commissioner, Karnataka Housing Board, Bangalore. Those not providing initial amount would not be considered for allotment
  13. All allotments are using lottery basis. For those unallotted members, their money (excluding fee) would be reimbursed with interest
  14. Each allottee has to pay the rest of the amount in 4 equal installments. For those who fail to pay the 4 installments as per stipulated time their allotments would be rejected summarily without assigning any reasons.
  15. Only after all successful allotees have paid their full amounts will the house absolute sale deed be executed in their name
  16. For more information you can contact the department coordinator at Suryanagar project division, Suryanagar during office hours or by telephone on 080-27803076
  17. You can also contact Chandranayak or Rajanna at 1st Floor, Cauvery Bhavan, KG Road, Bangalore during office hours or by telephone on 080-22273511-16

NOTE: For all queries on this topic, please discuss on www.khbsuryanagar.com

Eagle Eye Holidays (coffee estate) review

What is your idea of a holiday? Now that you have perhaps been to hundreds of resorts already do you still expect the 101st to be of the same ambience? Like a great reception with uniformed people welcoming you with some flowers or whatever, and then a grandoise room awaiting your fall on the bed to be in peace with yourself?

Or are you ready for a different type of experience? Are you the types who would prefer to check out something that tests your perception and mental skills a bit ? Besides that is your idea of a coffee estate something thats deep inside the clouds many thousands of feet above sea level with winds that chill your body to make you want that hot cup of tea more often than not?

My trip to Eagle eye holidays makes me think I need something like this again though i am unsure whether I would get such a right mix of things most often or not. Without much ado then let me tell you what made this trip memorable to me. Eagle eye Holidays is a coffee plantation or estate as we would often refer to it. This is situated near Kadavanthi or Kadathi, which is few tens of kilometres away from nearest proper civilization called Alduru (read: Aaldoooru). Alduru itself is few tens of kilometers from Chikmagalur which is the nearest proper town.

Reaching Chikmagalur from Bangalore requires that you partly travel on NH4 highway upto Nelamangala, and then take left to get onto SH48 which goes to Kunigal, Adichunchanagiri, Channarayapatna and Hassan along the way to Chikmagalur. The road upto Chikmagalur is what makes it worthwhile to undertake this journey. If you are a car driving maniac and are true to your wheels, you are not going to forget this hair rising highway drive. My current love is my Figo and speeds of 130kmph was a child’s play on this road. Particularly the SH48.

Though the NHAI is still developing the toll booths at a few places, the road by itself is an awesome piece of highway for speed racers! Don’t get me wrong, racing need not always be with another person, and need not always be of the rash type! If you are the expert driver types this drive should see you reach Chikmagalur in 4 1/2 hours flat. Such is the quality of the highway. But wait a minute… if you thought that’s all this highway is about quite contrarily – NO! How about throwing in some great looking paddy fields and rural sceneries on the way? And some lakes? How about the old tree lined roads you’ve always seen in your childhood? Some small hillocks? Lets make it more greener – Add some windmills churning power from the winds, and some neat twists and turns of the road. This is what being cheerful on a long drive is about. You got to drive to experience the talk.

And you thought its all over when you reach Chikmagalur? Wrong again. Is this all you can think of? Assume I make the road the airport runway tarmac types, smoothen it off a bit more, add greater angle to the twists and turns, remove uphill components, and also subtract oncoming traffic. This then becomes nothing short of annilhation. Add another car who is spirited in testing your driving skills and negotiation and we have nothing short of a F1, well expect your car of course :-)

The 30 odd kms between Chikmagalur and Alduru is sheer awesomeness for both speed drivers and slow drivers alike. The pristine beauty of large trees around, the amazing tranquility and discovering your inner self. Enough to rejuvinate you for some time to come.

Every good thing or bad thing will have an end. And if the good comes first the bad comes next in the cycle. After Kadavanthi somewhere along the way the next 10-20kms of road gets bad with potholes all around and this is where you feel the need for perhaps a cheap hatchback with 20" alloys to take on the road like a monster! The map given by the resort is more of a type you would use for a treasure hunt, leave alone navigate somewhere. In this case the treasure being finding the resort itself. Add poor road signages and you are now really one with nature. If nature wills you will get to the treasure else not.

Its therefore essential that you stick to the map. Yes, take some glue, stick the map to the windshield, use the same glue and stick your nose on that map as well. Why? Because if you dont, you would forget that right turn at the paddy field landmark and the left turn at the dam gate landmark. Sounds punky in 2011 isnt it ? Welcome to some rural tones!

Oh and by the way you would like to call the resort for directions would you? Well assume that none of the mobile signals show up besides good old airtel and you are lucky to be holding phones of other operators services and there you hit the jackpot of ruining one chance to reach the resort with any sort of help.

The more I followed the second map that showed me the way to resort, the more I felt lost by each passing minute. Some 2kms away from the resort (lets correct that terminology shall we: say coffee estate) the last right turn takes you to a stone graveled road that will test your car in and out. after two gates when you take left onto the property, with a mile or more to, you begin to wonder if this is a con-job. Yes, i would say yes, its a master crafted con-job to disprove the very perceptions you had of how a resort must be.

The last mile makes you wonder whether you entered someone else’s property by mistake and what if that guy let loose his gunmen on you. Straight from a movie flick. As your car struggles hard to cope the incline, you reach a dead end with a 180 sharp hair pin bend. As you wonder "what more?" and whether your car would want to take that hair pin bend, two people come to you and say "welcome to eagle eye holidays". It was a hot afternoon and we reached a bit late after some searching around and panicking. And a welcome drink was more than welcome. it was gulped down even without understanding what was given to us. The reception is more of a shack made with wood on a higher platform. And once you get onto the platform, you are no more interested in thinking about the journey.

The view of the western ghats and the valleys below soothen you down and you just want to rest a bit with the cool windws blowing on you under the thatched roof. Before we stepped into our room, lunch awaited us. The food given by resorts is always questionable. Here too some foodstuff werent great, but not all foodstuff was bad. Given this fact, Eagle Eye holidays provided good food at best if not sumptuous. Some items like the next day morning’s breakfast were yummy to keep away from. The rooms themselves were well appointed and there are many different types of rooms. Valley view rooms, glass houses, (for the brave) the tree house which is mostly open and perched on tree tops, hutments, and standard rooms are available. The rooms themselves are between 2,500 bucks a night upto 5,000 a night. We stayed at a waterfall room which in my opinion is a ridiculous idea. Agreed the management wanted to save a few boulders and/or could not avoid removing a few rocks so they integrated those and few faux rock arrangements into a thematic waterfall room. However neither was there a waterfall which is swithced on for an hour, nor does the room lend itself into any kind of ambience as such. The Tree house or hutments would make better rooms to stay in in terms of practicality. Also given the foregone conclusion that the waterfall room is costly (at 5k a night) its best to avoid this altogether.

Other than that the hot water facilities are governed by solar water heaters perched atop and in between trees. Due to the tropical climate of the coffee estate, there is no dearth of hot water which gets generated by the solar during the scorching afternoons. The upholstery like blankets towels, bedspreads are hand washed daily in front of you and its a job well done compared to a washing machine type of wash cycles. Due to the sprawling nature of the 130 acre estate, there is enough room to dry clothes daily. The management have also created a 30 feet deep lake in the middle of the property. A natural trail of road leads to this lake which offers coracle rides and fishing activities. Again dont expect professional fishing equipment to be handed over to, but with whatever stick and wheat balls used to lure the fish, my cousin who accompanied me on this trip was able to catch a good sized fish. If you want to laze around and do things that are not of the usual resort type, these activities fall into that list.

Being situated at a coffee estate there is no dearth of good coffee provided at all times and there is no restriction on the amount you can have. if you are hungry you eat. Period. A stroll upto the lake, and few peaceful hours later, its time for some campfire. Of course hot drinks are served during this nightly hour with some loud music and dance to follow. To add some dazzle to the show, the clear sky makes it possible to view the wonderful constellation of all the stars for those hungry stargazers. During the day time, there are plenty of subjects to shoot photographs with in the resort – flowers, fruits, birds, objects, elevations, winding roads etc.

 

The only downside to this resort is that the rooms are aligned across a path which is very steep which makes it impossible for old people to climb and this could be a dampener to people wanting to go to this resort. It took over ten to fifteen minutes for me to switch between reception and room each time which shows difficultly level. Not that I am lean, well built and all that. I’m the usual paunchy type of mid-life-crisis-beating-man :-) Early mornings begin with chirping birds and a great breakfast, not to mention some games like shuttle, table tennis, and strong coffee again with a great view of the mist settling in the western ghats valleys. Post breakfast there is just about time to go for a 2 hour trek deeper into the estate. If one would like to skip it, we can have long chats over breakfast and freshen up with a bath and just enough time to pack the bags and leave. This is offically called the two-days-one-night-package-syndrome that resorts exhibit. Best part of the journey was just the occassional treats we packed for eating on the way, full meals taken care of package at resort, and some lunch on the way back home. Plus meals for your car (fuel). No other nonsense expenditure.

Its also worth mentioning that once you are in the resort its NOT worthwhile planning trips to Shringeri, Augumbe mountains, or Belur or Halebid which are all nearby. This is an exclusive deal. Not an all-in-a-single-day deal. So bottom line is would I recommend this resort to others?

  • For the off the beaten path ambience – YES
  • For the cost – SORT OF YES
  • For the meals – YES
  • For the peace of mind – YES
  • For the drive – Oh YES!!
  • For the hospitality – YES
  • For the coffee – YES
  • For their payment mechanisms – NO! (they accept only cash, so there is no confirmation of prior room booking)

The pictures would speak more than anything else. What are you waiting for? Hit the road now!

 

 

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