Showing posts with label the sunday indian. Show all posts
Showing posts with label the sunday indian. Show all posts

Thursday, June 17, 2010

A different act

No one can match Salman Khan when it comes to attitude and the right one at that. Salman was to be interviewed recently for an award function, which was completely scripted. The organisers were putting up an act where Salman was to be questioned on Katrina Kaif upon which he was to get offended and walk away. This was to be used by them as a part of television promotions. But Salman didn’t want to stoop to this level for publicity and refused to abide by the script. For Salman, not every publicity is good publicity!

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Tuesday, June 15, 2010

Legacy on its last leg?

Will the Shehnai have to reconcile to the fact that there may not be another Bharat Ratna Ustad Bismillah Khan? The son who was his successor is dead; the others are struggling, and there’s little other than memorial concerts to keep the tradition going. Puja Awasthi reminisces of the time when there was hope…

Ustad Nayyar Hussain Khan “Bismillah” passed away following respiratory problems at a Varanasi hospital on December 17, 2009. To me, he had begun to fade away in July of that year itself, when, as I got up to leave that baithak plastered with photographs and awards (including the Bharat Ratna) of his father the late Bismillah Khan, he thrust a couple of brochures (titled Music Represents Soul) and visiting cards in my hand and said, “Kaam dilwao. Koi bhi kaam chalega. Shaadi aur party mein bhi bajayenge.” (Get me work. Any work will do. I will play at weddings and parties.) I did not fail to notice that the Ustad’s name was bolder than Nayyar’s on the card. And that here was a man aged 70, the second son of a legend who had put a simple wind instrument to his lips and coaxed such sweetness from it that it ceased to remain an accompaniment to flashier ones, begging for work. The Ustad would neither have understood nor approved.

But when like Nayyar Khan, you live with four brothers, one sister and 30 children and grandchildren, in a lane that’s named after your father in a narrow, white house with 10 rooms, you have responsibilities you cannot shrug. And Nayyar Khan, being the successor to his father had to bear them all.

Such is Varanasi’s association with the Ustad that when he had passed away in August 2006, there were many who lamented “Bharat Ratna chala gaya” (The Bharat Ratna has gone). To his own family it was as though life had been sucked out of all those who had been left behind.

“My Abba had a generous heart but a sharp tongue. Nobody who came to our home would leave without a meal. After a concert, the cooks would work overtime to cater to those who came to congratulate him. Some had even named our home Bismillah hotel. But after him, the staunchest of his well-wishers have disappeared. There is just the occasional phone call. Yes, there are problems,” Nayyar had said going on to detail how he even had to haggle about the number of musicians he could take in his group for a performance. No one would of course have dared to make such talk to the Ustad. Yet, Nayyar was looking forward to a tour of the USA this year. “Before every performance, I tell the audience that they should listen to me as Ustad Bismillah Khan’s son, not as the Ustad himself and grant me some grace,” he had said.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Wednesday, June 09, 2010

IN THE COLONEL’S DEN

A change in counter-insurgency tactics has helped Pakistan smoke out Taliban from FATA, but the real challenge will be to consolidate the gains.

Imageries are beautiful. But they tend to stick. Time flies by, but the imageries remain ensconced in the human mind. They start affecting judgement. Imageries are dangerous. Much of what we visualise about the Tribal Areas in Pakistan comes from the imageries drawn by Rudyard Kipling and Orientalists like Robert Wilkinson-Latham. Their writings on these areas are vivid and enriching. But there is a problem there. These writings are a century old and the Tribal Areas have moved ahead. We and our imageries are yet to.

So as our Mil MI 17 hovered above Bajaur agency of Federally Administered Tribal Areas, popularly called FATA, we were in for a shock. The area is not a “muddy mountainous hamlet of aboriginal tribes” as some western analysts would have us believe. With metalled roads, stone-brick houses and schools, the place can give an average village from the Bimaru states in India a run for its money. In fact, the entire brouhaha over it being inaccessible is just that: brouhaha. So what is it that has fed the insurgency? Of course, the terrain. Modern insurgencies have been terrain-based. Here and everywhere.

So, first the geography. Nestled at 2800 feet above sea level, Bajaur is one of seven—and the northernmost—agencies of FATA. Spread over 1290 sq km, the agency has more than a fair share of rugged frontier hills. While it shares its east, south and north boundaries with other agencies, on its west is the unruly and ungoverned Afghan province of Kunar. A perfect stage for insurgency. At least that is what Colonel Muhammad Nauman Saeed thinks.

In the traditional attire of Bajaur Scouts—the paramilitary that he spearheaded in the battle against Taliban—Colonel Nauman Saeed looks every bit the no-nonsense man that he is. For him, the battle has been up close and personal. In fact too close. On September 9 last year, when the convoy of Major General Tariq Khan—who was also serving as Inspector General of Frontier Corps—was ambushed near Nissarabad, Colonel Nauman himself mounted a tank and led a Quick Response Force to extricate the crew. His tank received multiple hits by RPG-7s, but the Colonel stopped only after Khan was extricated. He makes it a point to lead all the operations himself. The confidence shows when he talks.

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Monday, June 07, 2010

Time to move on...

Bollywood’s dusky girl, Lara Dutta feels that her 30s have given her “a sense of liberation” from the “angst and confusion” of the 20s. Though films like "No Entry" and "Partner" have got her noticed, her screen presence in "Blue" reminds one of her beachwear charm that earned her the highest points at the swimsuit round way back in 2000 at the Miss Universe contest. While she's tasted real success with comedy, the sexy lass seems ready for a shift and plans to move to some new genre of films other than comedy.

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Source :
IIPM Editorial, 2009

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Friday, June 04, 2010

Holidays from Hell!

When the Alps call you not, nor the allures of the Parisian markets enchant you, but the abandoned buildings in Pripyat intrigue you and horrifying tales of heinous crimes get your pulse racing, then you are in for a vacation that could change you forever… Anu Gulmohar throws light on dark tourism.

“We have not had any tours to the eruption site at Eyjafjallajökull as the surrounding area has been closed. We did, however, take almost 700 persons in different tours to see the eruption in Fimmvorduhals, a few weeks before the eruption in Eyjafjallajökull. One tour was a coach tour that drove into a valley next to the eruption so passengers could view from a safe distance. Another tour of ours drove the passengers up to Myrdalsjokull glacier and from there they went on snowmobiles to see the eruption up close. The third one was a super jeep tour driving in as close as one km from the eruption site. Our customers were from all over the world… UK, USA, Scandinavia. Many Icelanders went there as well. To see a volcanic eruption is once in a lifetime experience for most people. You get to see the forces of nature in action which is just indescribable,” said Gudrun Thorisdottir, Sales Manager, Iceland Excursions – Gray Line Iceland (www.grayline.is). The disastrous impact of the volcano eruption – from forcing Icelanders to flee their homes at 2am to travellers stranded for days at various airports – has captured the world’s attention. In addition to voicing their outrage, the multitudes were also seen struggling to pronounce Eyjafjallajökull (AY-uh-fyat-luh-YOE-kuutl-uh). Iceland has been grappling with a severe financial crunch and the foreign money brought in by the tourist eruption following the eruption of the volcano gave some welcome relief to the country’s government. It also posed a challenge of handling visitors 24x7 and rescuing several of those getting too close to the zone and not taking sufficient precautions.

Cut to Gopinatham, a small village in Karnataka, which is (in)famous for being home to Veerappan, the forest brigand, responsible for the reign of terror. He murdered 184 people, smuggled sandalwood worth Rs 103 crore and poached about 200 elephants for twenty long years on 6,000 sq km of forests. While the forests have finally been freed of this bandit, his exploits still arouse much interest among the people. The government has come up with a plan to launch tours based on the life and trails of the notorious smuggler/poacher. This would include a trekking scheme called Mystery Trails, which would include legends and myths around Veerappan and re-trace his hideouts and escape routes. K Viswanatha Reddy, Tourism Director, does not take kindly to the ‘terror tourism’ tag though. “It (the tour) will definitely have universal attention though not universal appeal. It will be successful because it is in a negative note,” said Reddy. When presented with the concept of the tour, Sue St Clair, a Canadian, said, “Yes, I would be interested in undertaking such a tour.” Sue is a self-confessed dark tourist. What is a dark tourist you ask? Dark tourism is ‘the act of travel to sites associated with death, suffering and the seemingly macabre’ [Stone, P.R (2006) ‘A Dark Tourism Spectrum’, 146], for people who travel not just for the sun, sand and shopping, but for a chance to glimpse at the macabre and gulp down each and every horrifying detail. While German extermination camp at Auschwitz, Poland, is perhaps the best known site for dark tourism, Sue listed her favourite dark spots to us, “The Tower of London (grisly history), Jack The Ripper walking tours (London, England), Underground Catacombs (Paris, France), Dracula Tours in Romania, all have a very dark history, and are enjoyable.” The volcano in Iceland isn’t her idea of Ibiza though. “I would not want to be breathing in that ash nor risking being too close to it, and possibly being injured or worse. I prefer dark history,” she reiterated.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Wednesday, June 02, 2010

Rakesh Roshan shares stories about the father-son duo

Cinema has changed a lot from the time when you were an actor. Is there anything that you feel was better back then?

It was much better back then. Instead of improving cinema, I think, we are deteriorating. If you see the films these days, it has the same song and dance, girls dancing in bikinis, coming out of the sea, dancing in the sand, we’re just not moving forward in any way. In those days there was Bimal Roy making good films, Mehmood making good films. Then there was Hrishikesh Mukherjee, Basu Chatterjee, Manmohan Desai, Prakash Mehra and there are many other names. They made films which we sat and thought about. It led us to wonder how did they make such films; how did Raj Kapoor make films? But today we just don’t find any filmmaker of that caliber. There’s no one thinking out of the box. People feel that 'yeh chal raha hai to yehi do audience ko'. That’s why they are not succeeding because the audience does not want that. We actually end up underestimating the audience. After long, there was a new film and a new concept like “3 Idiots”.

Any thoughts of returning to acting?

Oh no. I’m involved in my projects now. I have bigger responsibilities on my shoulder.

Between directing and acting, what did you enjoy more?

As far as enjoyment is concerned, there’s nothing like being an actor because you go to the sets, act and you know, the preparation is up to a limit. But as a director, you have to think for 24 hours. You have to be in the sun, preparing the shot, whereas, as an actor you get the benefit of staying in the van till your shot is ready. So an actor’s life is more comfortable as compared to a director.

Anurag said that he was left to do the film on his own. Being a director yourself, were there times when you felt the need to chip in?

It’s nothing like that. I was involved with him while making the script. I was there with him at the locations and was there to fulfill his requirements. Throughout I knew what was happening. Nothing went without my notice. I gave all my experience to the film and all that he needed. He wanted a chopper; I provided that for the film for 10 days. That’s how I work. And Anurag has done a very good job with the film.

As a director, what is your idea behind making a film?

Entertainment, that’s my idea.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Tuesday, June 01, 2010

House blues for CM

Chouhan upset as Cong boycotts special Assembly session

Afour-day special session of Madhya Pradesh Assembly (May 11-14) generated a heated debate in the state. The session that was held to build a political consensus on development issues actually divided political parties with the main opposition party Congress boycotting it. Besides, the Bahujan Samaj Party (BSP) also criticised the whole procedure as wastage of time and energy.

Also, deputy Speaker Harvansh Singh of the Congress didn’t participate in the session. While the BSP legislators protested outside the House, the Congress organised a parallel session at Iqbal ground in Bhopal. Calling it unconstitutional, the Congress claimed that it will not serve the purpose of raising people-oriented issues in the House. They also staged a sit-in in the Assembly building to the chagrin of Chief Minister Shivraj Singh Chouhan.

This was for the first time in the state’s history that the opposition boycotted the special session. The CM tried his best to convince the Congress legislators to attend the session and discuss ways to address the problems. He even wrote a letter to Congress president Sonia Gandhi to ask her party legislators to participate in the special session aimed at seeking suggestions on development.

But there was no positive response from the Congressmen in the state. In response the Congress sent a letter to BJP national president Nitin Gadkari. They requested him to direct his party colleagues and Chief Minister Shivraj Singh Chouhan to hold discussions on issues related to people rather than organising a special session of the Assembly. However, no positive steps were taken from both the sides.

They stuck to their own stand. The Congress and BSP lambasted the state government. They said that the government has lost its moral right to hold such a session at a time when six of its ministers were facing investigation from Lokayukta and Economic Offences Wing (EOW).

Besides, both the parties lashed out at the CM for the power shortage in the state. They said that the state government first needs to address the problem of malnutrition in the state as some 600,000 children have died of it. President Pratibha Patil was earlier supposed to address the special session but her visit to Bhopal was called off due to “unavoidable reasons.” However, on the final day of the session, the CM said: “After discussing the issues with all legislators we have decided to work for the development of the state. We want to achieve our goals by 2013.”

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Monday, May 03, 2010

Spill threatens Olive ridleys

Locals accused of burying dead turtles to avoid media glare

Oil spill from an Indonesian ship at the Gopalpur port located on the Orissa coast has endangered the lives of Olive Ridley turtles. Besides, it has contaminated the sea water, threatening lakhs of these rare species and more than 1.5 crore hatchlings that are yet to start their seaward journey from the sea beach near Rushikulya River mouth. Thousands of turtles converge on the coast for nesting and laying of eggs.

The spill was spotted by the locals, who informed the authorities. More than 7,000 litres of diesel have been immersed into the sea from the Essar-owned vessel MV Malavika on April 12. Sources say it was carrying some 32,000 tonnes of coal from Indonesia. Rabindra Sahu of the Rushikulya Sea Turtle Protection Committee is deeply concerned with the development. He said many turtles died from the oil spill. However, the officials, including Forest department and Pollution Control Board, have rubbished it. Moreover, people in the Gopalpur port are burying the dead turtles in order to hide the fact and not to attract media attention, alleged Rabindra.

Notably, the rare species of turtles prefer this river mouth along the beach instead of the famous site Gahirmatha due to the tidal wave, beach erosion and activities by the defense establishment at the ‘wheeler island’. Since 1994, the rare species of turtles had been sighted nesting here at the sea and laying lakhs of eggs along the beach near Rushikulya River mouth in Ganjam. Suratha Pahan, the chairman of Ganjam, said the oil spill is jeopardising the livelihood of thousands of fishermen living along the coast as they have been asked not to venture for fishing. Ashish Fernandes of the Green Peace said: “We are playing with fire by permitting ports in such eco-critical areas.” This has led to the gradual disappearance of these amazing creatures from the Orissa coast, added Ashish.
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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Tuesday, April 13, 2010

Reforms in coal sector, on which India’s power generation is heavily dependent

The starting blip is that mining lease, i.e. access to land for mining is the state’s prerogative, while mining rights, i.e. access to the mineral below the land is the Centre’s call. The process of getting a lease and a license takes half a generation. AreclorMittal and Posco are some outsider victims in this lease-rights-land-acquisition jigsaw. However, thanks to a ‘gentleman’ named Madhu Koda, centre may have got a wake up call, albeit 2-3 decades late. With Finance Minister Pranab Mukherjee announcing the leasing of coal blocks for captive mining through open auctions and allowing captive miners to hold just 26% in FDI for any coal block, competition might just bring the black gold up a little faster. But the second and critical issue remains stuck. The Coal Reform Bill introduced in the Parliament in 2001 hasn’t even stayed on the table for long while its counterpart the Electricity Act 2003 has changed India’s power sector landscape. The bill, in essence, would open up coal mining for non-captive users and thus coal can be sold and bought in the open market. But the tentative script of the bill seems to be buried much deeper than its black protagonist.

Interestingly though, the talk of the town has been the cess of Rs.50 per tonne of coal mined. A first step towards incentivising the renewable energy sector in the country, it is at present just a needle in a haystack. “The cess levied on the coal mined will result in an increase in the power tariff for the companies who are in the regulatory business model (cost plus) as all the cost increase is a pass through for these companies. Those selling power on merchant basis would have to take a hit to that extent as the pricing is based on market forces,” says Solanki. However some experts estimate that the cess will lead to revenue, on a national basis, to the tune of Rs.30 billion per year, and will contribute massively to the National Clean Energy Fund (NCEF) proposed in this budget.

The third and not the least significant factor is the urgent need for an autonomous coal sector regulator on the lines of energy regulators in the US and UK, which again found mention in the FM’s budget speech this year. In fact, in the words of RV Shahi, Former Power Secretary, Government of India, “Gradual opening up of the coal sector will definitely require regulatory oversight. Even otherwise, in a monopoly situation with government control, companies occupy almost the entire space. Consumer’s interests can only be protected by a suitably structured regulatory mechanism. When such a mechanism is put in place, issues concerning pricing would automatically get addressed in a transparent manner, as is already happening in the power sector.”

Thus, there might still be time for redemption for our successive governments at the centre as well as states to unleash the power of the black rock to ‘power India,’ if only the state can remain awake and avoid sliding into a near perpetual slumber, something which lasted nearly 60 years.

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Monday, April 12, 2010

Living with a flawed destiny

Investments in defence at the cost of social good are unpardonable

Global annual military expenditure stood at around $1.46 trillion, as per a report in 2009. The top 15 countries with the highest military expenditure spent around 81.4% of the total. It is estimated that the world needs only about $260 billion annually for the next 10 years to eradicate all the basic malaise; be it poverty, insufficient healthcare, lack of shelter and clean water, illiteracy and sustainable energy. Given that kind of a comparison, there’s a clear paradox that countries are facing; are the investments towards defence supposed to only protect the ‘advantaged’ well earning masses?

US alone has spent over $5.5 trillion on nuclear arms till date, and has a current stock of over 10,000 nuclear weapons. US spends $35 billion a year on defence (or $96 million a day). Similarly, France has spent not less than $1.5 trillion on nuclear arms. USSR has spent $3.5 trillion on nuclear arms. Even as recently as the last decade, when countries were ratifying the Chemical Weapons Convention, Albania, Libya, Russia, US and India have declared over 71,000 mt of chemical weapon stockpiles. The developing nations are no less in their over eager attempts to defend their borders. $32 billion is the 2010 investment for India in defence. Pakistan is $8 billion. China is $78 billion.

While it cannot be denied that a nation’s spending on defence technology is necessary due to various imperative and unavoidable reasons (mostly conflict with unreasonable neighbours), it is clear that if the same nation were to be equally committed towards eliminating poverty, the world could have surely been a better place. The funny part is, this is no Holmesian secret, and the nations involved know the discreet logic quite comprehensively. Then why don’t they simply eliminate poverty? Unpardonable...

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Thursday, April 08, 2010

Lost in the jungle....

Explore the many facets of nature in Karnataka. You will return home rejuvenated
The only biodiversity reserve in the Western Ghats, Dandeli forest, on a clear day, can be a sight for the Gods. Both vegetation and wildlife are abundant here, and the mountain range presents a truly impressive sight. Enveloped by a dense jungle, Dandeli, located in Uttara Kannada district, is a small town with many delights.

The multifaceted landscape and the heavy rainfall have made certain areas unreachable. Just as well. This has helped the area retain its remarkable eco-diversity.

The Western Ghats have an average elevation of 1200 metres here. However, in certain places the range rises abruptly to a height of over 2440 metres. In the forest, river Kali flows unhindered. The gorgeous Kali is great for white water rafting. Check into the Kali Wilderness Camp and put your endurance to the test.

The resort jeep drives up to Ganeshgudi, around 29 km away. Once you get started and as you battle the foam, oars in hand, you can feel the spray on your face and excitement coursing through your veins.

The Nilgiri hills are home to two of the highest peaks of the Western Ghats, Dodabetta, which has a height of 2637 metres, and Makurti, with a height of 2554 metres. To the south of the Nilgiri hills is the 24-km wide Palghat gap, extending from east to west.

Though located in the heart of a forest, Dandeli is not difficult to access. The nearest railhead from Goa to Dandeli is Londa, 45 km away. Hubli, 85 km from Dandeli, is one of the bigger junctions for those travelling from Bangalore/Mumbai. A lot of people prefer to take a bus from Bangalore or Goa to Dandeli.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Outlook Magazine money editor quits
Don't trust the Indian Media!

Tuesday, April 06, 2010

Moviola moments

The international film festivals in Cannes and Toronto are ideal unwinding opportunities for those looking for a bit of stardust while on vacation

What really is Cannes? It isn’t the capital of France. It isn’t even near Paris. And it certainly isn’t the movie hub of the world. But those in the business of cinema – whether they peddle expensive tent-pole movies or craft small, intimate, cutting-edge films – simply cannot do without it.

But hang on, there is more to Cannes than its famed film festival. Sans the latter, held for 12 days in May every year, this French Riviera town wouldn’t have been what it is today – one of Europe’s most written about places.

There is nothing in the world quite like the Cannes Film Festival. Over 200,000 people arrive here during the event. Nearly 40,000 of them are registered delegates, 4000 of whom are accredited journalists. In terms of media coverage, the Cannes Film Festival is rated as the world’s third largest event after the Olympics and the soccer World Cup.

So shouldn’t the movies be the sole thing on your mind as the aircraft floats in from over the Mediterranean to land at the Nice Cote d’Azur airport? Well, the answer is no. During the 30-minute taxi ride from Nice to Cannes, think silvery beaches, soothing climes, tempting wines and hours of repose in genteel cafes.

Cannes is a veritable smorgasbord, a city of pomp and ceremony that celebrates high art with as much passion as it embraces the most brazen displays of showmanship from attention-hungry movie industry mavens and mavericks.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Outlook Magazine money editor quits
Don't trust the Indian Media!

Wednesday, March 31, 2010

Ipl – A beast or a bestseller?

Last week, two new IPL franchises were sold-off by BCCI at record high rates. Does this signal the beginning of a bubble for Lalit Modi's IPL or will his baby turn into the world's largest sporting behemoth?

Three years back, owners of the noted English Premier League (EPL) club paid Rs.1,511 crore to purchase Liverpool, a top name in the EPL for some years now, with stars bought for multi-million dollars like Steven Gerrard (from England), Daniel Sánchez Ayala (from Spain), Javier Mascherano (from Argentina) et al. That was considered one of the biggest deal in the world of sports. A repeat occurred in India last week, when all those present in a five-star hotel ballroom in Chennai were struck with two big surprises. Any observer in all his honest self would confess that none expected the influx of funds to have such unimaginable magnitude. So much so, even IPL's Godfather Modi could not disguise his surprise. “This is a super duper Sunday for BCCI and IPL,” said a beaming Modi. He further admitted that he was expecting much less for each franchise and not Rs.1,702 crore for the Pune team and Rs.1532 crore for the Kochi team (a total of Rs.3,235 crore for the two). In short, individually, both these teams were worth more than the famous Liverpool Football Club. Nothing surprising there, till you realise that unlike the English club, which had well-acclaimed stars during to boast about during the bidding process, nothing was/is known about the names of the Pune and Kochi IPL players – beat that for speculation!

Even when you look at the current IPL contracts, when all the teams were first put up for sale in 2008, the eight franchises were sold for a much lower Rs.2,853 crore, much lower than what the two new teams (as a combine) fetched in this auction. According to a BCCI official, there were five bidders this time for the two new teams, namely, Sahara Adventure Sports Group, Rendezvous Sports World Ltd., VC Digital, Adani Group & Aman Vohra. Out of these five, Subrata Roy-owned Sahara bagged Pune & little known Rendezvous caught hold of Kochi. Knowing Sahara's Roy and his relations with BCCI, the Pune franchise will most likely come out with its IPO in 2013. The BCCI official also said that, "Already one of the major football clubs from England has shown some interest in investing in the Pune franchise. This clearly indicates that Sahara is already looking for investors and can’t swallow a monster like an IPL franchise on its own." If this is the case with Sahara, the fate of Rendezvous appears all the more doubtful. Till date, most can only guess as to which parties actually formed this group. Insiders claim that Rendezvous is a consortium formed by Vivek Venugopal, Mukesh Patel, Ravi & Shailendra Gaekwad, Anchor Switches, Rosy Blue Diamond, Anchor Earth Pvt. Ltd and Parinee Developers.

Whether it is the well-known Amby Valley knight or some unknown Special Purpose Vehicles, the real rub lies in the outflows that are bound to follow. Whatever the parties have spent so far is only for the purchase of the respective franchises. Now, they have to invest on players, staff, logistics and infrastructure. Starting September, the players' auctions will start, and Sahara and Rendezvous will be forced to shell-out some precious coins for purchasing players. Next comes supporting staff, back up logistics... and the list continues! At the end of the day, building your team as a dominant brand poses the biggest challenge. Though for various reasons, this doesn't appear to be an issue in the case of Sahara, as far as Rendezvous goes, it sure has a rough uphill ride ahead. So there are many dark clouds looming large over Kochi. But as the grapevine telegraph has to offer, with Shashi Tharoor (who is the Minister of State for External Affairs) to back you up as far as funds are concerned, would you ever waste a frown? Perhaps not...

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-



Outlook Magazine money editor quits
Don't trust the Indian Media!

Tuesday, March 30, 2010

Business ‘of’ and not ‘for’ kids

International adoption is emerging out as a new illegal business

Adoption predominantly and fundamentally was meant to provide a better living and growth environment for orphans. Historically, the process of adoption was given a very high social recognition and was seen as a community responsibility. Of late, especially in the developed world, the increase in infertility rate has shifted this process of adoption from realm of domestic region to international markets. With Hollywood celebs like Madonna and Angelina Jolie adopting numerous children from world’s poorest regions, the whole concept of adoption seems to have become an international fad now.

Westerners see this act of international adoption as a rescue measure for orphans from poverty-stricken life. But then, this act at no given point of time convalesces the fundamental and core reason of poverty. Moreover, these so-called adopted children are actually either kidnapped, stolen or transacted and not really adopted. Social unrest, poverty and natural disaster make it very simple for child traffickers to export or import babies like any other commodity behind the veil of adoption.

International adoption has today become depraved business of supplying children to rich Westerners. Children are literally assumed as commodities and are sold to those who can afford it. In regions like Haiti, Guatemala, China and Africa there are agencies that deal in international adoption. Going by a conservative estimate, adoption today stands as a $100 million industry and agencies charge anything between $25,000 to $40,000 per child from adoptive parents.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Tuesday, March 23, 2010

Completing the Cycle

Craze for eco-friendly transport catches up with MLAs & youth

Students and legislators, especially those of the ruling party, have mostly been at loggerheads in Assam. But on one issue — eco-friendly transport — the two sides seem to have arrived at an agreement. Given the ecological disaster that the world seems headed for, both students and legislators have decided to use eco-friendly transport, thereby setting an example for others to follow. Some Members of Legislative Assembly (MLAs) of Assam, students and faculty members of Gauhati University have taken the initiative. Their effort is to use bicycles rather than cars and bikes for short distances.

“I used to ride a bicycle,” says Akan Bora, Congress MLA, who recently flagged off a rally organised by the Assam Bicycle Health Club. “I will try to convince the state government to build separate lanes for cyclists in the city,” says Bora, who uses car for travelling long distance. The health club, meanwhile, has pulled out all stops to help people get back to such basics. “We launched our club in December 2009 and since then have organised four rallies,” says club convenor Ujjal Bezbora. The club, which has 10 convenors, started out by contributing Rs 10,000 each for the cause. “We used the money to buy 100 bicycles,” says Bezbora. A television channel editor, the owner of a nursing home, and one of Guwahati’s main cable distributors are members of the club. “Apart from cycling having major health benefits, let’s not forget the pain that Guwahati’s vehicles give, creating traffic snarls and congestion all the time,” says Bezbora.

At the university, meanwhile, both staff and students are out to use the good old bicycle all over again. Led by their teachers, everyone in the university has decided to use bicycles this month onwards. Says HP Sarma, professor of the department of Environmental Studies: “It’s either bicycles or acid rain and besides that the auto-chemical smog is becoming a distinct possibility.” University registrar Uttam Chandra Das told the media: “With global warming becoming a reality it is time to take a new look at the environmental impact of vehicles that use fossil fuels.” An increasing number of students have already started coming to the campus on bicycles, Das added. What a way to go green.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-



Outlook Magazine money editor quits
Don't trust the Indian Media!

Thursday, March 18, 2010

Studying India's old malaise

Is India ready to debate the issue of religious freedom?

A US think tank called Pew Research Centre has rated India as the second worst country in the world in terms of antagonistic acts against religious groups! However, in the same breath, they admit and appreciate that these are sporadic issues of some small miscreants and not engineered by broader government policy. A few months preceding this report, another report was published from the US Commission on International Religious Freedom, which for the first time placed India in its watch list, after witnessing Gujarat riot in 2002 and attacks on Christians in Orissa in 2008. India has always tried to set a high standard in her secular credentials, received a body blow as more reports pour in questioning her noble claim! Another study titled ‘Global Restrictions & Religion’ in its ‘Social Hostilities Index’ has placed Gujarat and Orissa at 197, below countries like Afghanistan, Pakistan and Saudi Arabia. The report reveals that among 25 most populous countries, India (along with Egypt, Indonesia and Pakistan) is most restrictive in religious practices of the minorities.

These reports contradict India’s image of a tolerant society. While none of these reports is correct in presenting India rightly, all of them tried to reveal some truths in the context of religious intolerance and how it is actually fading the image of this nation. India's image as a tolerant society emerged from the time of Independence, when the entire nation obeyed the Neheruvian tryst with secularism. There were a few Hindutva brigades, desperate to make a mark in the Indian polity, who tried to convince large section of the majority population that the time has come for a Hindu revival, perhaps out of insecurity, with increasingly assertive Muslims and Sikhs, and the secular parties’ pandering with minority groups. It gave enough impetus to the saffron parties to manipulate and rise to the helm of the Indian politics. Even Islamic fundamentalism in neighbouring Pakistan and Bangladesh convinced the Hindu electorate of nefarious foreign religious and political conspiracy to undermine the Hindu community bonds. India’s ambition to be global player lies with the fact that she needs to be a modern state, which could not be attained with infighting in the name of religion or other diversion towards destructive purposes. Campaigns that hounded away MF Hussain and Taslima Nasreen by couple of Hindu and Islamic fundamentalists, respectively, can surely depress India’s image as a progressive state. India has also failed to provide a healthy environment for open religious discussions; perhaps because religion was never perceived as a priority in the school and college education thus not included in the curriculums. Had it been so, we might have seen less religious violence. In spite of a few occurrences of disturbance, overall unity of a country as large and diverse as India is something one can be proud of— as it has always been a melting pot of various people being absorbed in this great nation. The Dalai Lama echoed the same, when he said, “India's long tradition of religions tolerance can be a role model for rest of the world.”

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-



Outlook Magazine money editor quits
Don't trust the Indian Media!