Business Today 8th October 2017 | Page 4

Re: Letters to the Editor dream of owning and enjoying the feelings of having luxury watches, swanky yachts, designer jewellery, opulent bathrooms, ex- clusive gourmet foods, luxurious houses, lavish weddings, and what not! Kudos to the entire BT team for a job well done. J.S. Broca, New Delhi Climbing the Ladder of Prosperity A Dream of Owning and Enjoying Luxury Feelings This refers to your annual Luxury Issue 2017 (September 24). Your editorial rightly mentions the lim- itations in getting details on the exact number of high net worth individuals in India. Yes, in India demonetisation did play a part in curbing the desires of the super rich, but it is a momentary phase. Making money and acquiring as- sets like luxury villas, cars, exotic jewellery, is the physical side of a human being’s basic desire to show off. Enjoying moments of pleasure by dining with your fam- ily and friends on occasions like birthdays and anniversaries in ex- clusive restaurants or hotels is the emotional side for keeping the memory of those intimate mo- ments alive for life. Business Today’s issues on luxury motivate the readers like us to at least HOW TO CON TACT BT WRITE TO: This refers to your annual Luxury Issue 2017. Business Today de- serves encomiums for impressive graphics and easy text. The de- tails on gorgeous dresses, sump- tuous foods, rejuvenating so- journs, mellifluous music, and so on of the rich point to the waves of pleasure principles. It is praise- worthy that Indians do not flaunt their wealth and reflect their glow of growth in monetary channels. Nothing is wrong in building as- sets or turning wealthy, but pov- erty of the downtrodden and struggles of the middle-class of Indian masses must sear the con- science of the rich. They must voluntarily become tax-compli- ant and share governmental responsibilities. B. Rajasekaran, Bangalore Spending a Sizeable Fortune to Stay Profitable This refers to your article on commercial airlines (Taking a Dive, September 4). Definitely, the effects of demonetisation fol- lowed by GST implementation have put a break on the growth The Editor, Business Today, India Today Mediaplex, FC-8, Sector 16/A, Film City, Noida-201301. Email: [email protected]/[email protected] Website: www.businesstoday.in Unsolicited articles will not be returned or acknowledged. Business Today reserves the right to edit letters for brevity and clarity before publication. 4 BUSINESS TODAY October 8 2017 FOR SUBSCRIPTION ASSISTANCE WRITE TO: Customer Care, India Today Group, B-45, Sector-57, Noida (UP) — 201 301 Phone: (0120) 2479900 from Delhi & Faridabad; (0120) 2479900 (Monday-Friday; 10 am-6 pm) from Rest of India; Toll free no. 1800 1800 100 (from BSNL/ MTNL lines); Fax: (0120) 4078080 E-mail: [email protected] of domestic passenger traffic. But the prime reason for the fall in traffic is the hike in tariffs by major carriers. There may be many internal problems like high-cost aviation turbine fuel and frequent flash sales, the major airlines have to spend a sizeable fortune if they want to stay profitable. B.S. Acharya, Berhampur Bakshi’s Prospects Hanging in Balance This refers to your article on the ongoing battle on franchise agree- ment between McDonald’s and Vikram Bakshi-controlled CPRL (Tortuous Times, September 24). In fact, Bakshi’s move was to keep around his 170 CPRL outlets func- tional beyond the deadline. But the recent ruling by the London Court of International Arbitra- tion, in favour of McDonald’s, could put a check on it. Biswaranjan Mishra, Gurugram Wonderful Device for the Elderly This refers to your article on start-up Arcatron Mobility (Wheeling in a New Life, September 10). No doubt this wonderful device – a NIT (Calicut) product – would help make life easier for millions of physically challenged and senior citizens. Thanks to BT for bringing out such features. Shyam P. Chaudhury, Bhubaneswar Send all your comments to: [email protected] BT SCRAPBOOK  React to articles in BT Suggest story ideas Share your experience as consumer or SME See what others have to say on our stories on scrapbook at www.businesstoday.in