Archive for the ‘India’ Category.

Ranji Superball : What if India had a SuperBowl

As the spectacle of the 41st Superbowl unfolds with Peyt Manning leading the Colts towards a well contested win, miles away and hours ahead, Wasim Jaffer should be waking up to see if he can repeat his first innings century to seal Mumbai’s hegemony in the Ranji Super League Final. I can’t help wonder what would happen to Indian Cricket if Ranji Finals in India were as big as the Superbowl in USA.

A lot has been written and said about how BCCI needs to beef up its domestic cricket circuit, attract more talent, more discipline demanding professional players to play the Ranji League and more commercial support to finally produce a commendable bench of players as the Aussies have. I am not going to comment on any of that as I agree with most of it, only with the addition that it’s a chicken & egg story starting with whether the average Indian cricket fan follows domestic cricket enough. For today, I’d keep all those contentions aside and imagine that Ranji Finals were really like the Superbowl to India.

So, imagine my friends :

Right now is the sweltering heat of early June, with temperatures soaring to 45+ Deg Cel making it near impossible for you to do anything productive with your time on a Sunday evening except watch the Mumbai Dons battle the Bengal Tigers in a Twenty20 format final for the RANJI SUPERBALL I at the picturesqe and relatively cooler surroundings of the Milkfood Punjab Jatts Stadium at Mohali. Also, you would have sat together with your friends/family for a good 4 hours before the game starts, waiting not only for the real play time which would be much shorter cumulatively than the ad time on the broadcast, but also to watch the spectacle of new and awe-inspiring ad campaigns to be launched. Yes, of course, the specials from Kake da Dhaba’s Ranji Superball Menu are as delicious as the pre-event deal that you got for Mumbai Dons’ Superball 2008 Winner Team Gear at www.nike.co.in.

You don’t find yourself as surprised at the UP-born-and-bred Mohd Kaif’s captaincy of Bengal Tigers as you are disconcerted and disgusted by the needless hype created by the politcally correct media and commentators on the “Celebrating Minorities in Indian Cricket” about Jaffer and Kaif leading the competing sides. (At the back of your mind, you yearn for those good-ol’days, when Cricket was cricket and not an arena for affrimtive action champions, when Kaif-&-Yuvraj’s unbeaten stand in the Natwest Final was all about cricket and none about bleeding-heart Ram-Rahim stories)

The not-so-cricket inclined in your house do not complain so much as they do not mind the opportunity to see Abhishek and Aishwarya perform together for the first time in a public arena, during the half-time. The artistically and patriotically interested have been surely suitably impressed by the redoubtable Pandit Jasraj rendering the National Anthem to open the ceremony. Not to forget, the mouth-watering prospect of seeing the trio of Rakhi-Kangana-Deepal perform at the field during every drinks break.

Regardless of the outcome (Ofcourse, Mumbai Dons, with Sachin, Jaffer and newly acquired Zaheer, would win) and the real prospect of this fantasy coming true, those who follow Indian Cricket and American football, even superficially, would easily sight the following :

  • Some of the glamor and commercialisation of Indian Cricket as fantasized here is already happening - most visible during the frenzy that picks up in advance of any major International Cricket Tournament.
  • More Importanly : if this fantasy were to strictly come true, Cricket would be played only in India, nowhere else - even Pakistan plays a modified version ! What this means, in turn, is the following :
    1. No Ashes contest between Australia and England : This could be the best news the English have had in cricket since their Ashes win 2 years ago.
    2. No India-Pakistan matches : That’s it ! That’s the single biggest reason why this fantasy should never come true !

(Anybody offering discounted packages for a possible Super Eight Match between India-Pak dirung the World Cup 2007 ?)

The decaying Metropolis , the finally-arrived Regal capital and the eternal-hopeful small town : State of 3 homes

Recently, my friend (and the lead contributor here at Arthshastra.com) Vikas, during his recent home visit, had this comment on the 3 cities which have been home to me - Mumbai, Jaipur and my original home town Ajmer .

Ajmer is changing at snail’s pace while Mumbai seems like a decaying and stagnant city but it was Jaipur that really took my breath away. I was there just for a day but I was able to see huge changes in city’s infrastructure and facilities. 

I agree with Vikas in many ways and here’s my take on the matter - obviously, more passionate yet cynical regarding the city of my birth. 

It’s a shame and a sorrow to see Mumbai decay the way it is with quality of life deteriorating rapidly, primarily due to lack of infrastructure. It’s ironical and sad how we pride ourselves in having a city which is the business and financial capital of the one of the fastest growing large economies but it does not feature anywhere in the list of prospective World financial capitals. You see mentions of Dubai as a capital in Near-East ( between Sing/HK and London); you’d also find mentions of Istanbul ! but no Mumbai.

I have lived in Jaipur for a couple of years, not too long ago, and enjoyed the luxuries of a big city that it has started to offer while retaining the small town charm that its suburbs always had. My recent visit there only confirmed my prediction 2 yrs ago - Jaipur is THE city in North India to watch out for. 10-15 yrs from now, we’ll all be speaking of Chandigarh as a wasted opportunity apt for Retirees, Gurgaon as a city past its peak, of NOIDA still in awe, Ghaziabad as a lawless land that would never reach its potential but of Jaipur as an urban marvel which has handled modern development while preserving its medieval heritage pretty well.

Well, of course, this rides on many assumptions -

  1. Govts continue to see that the best way to develop Jaipur is to keep it as a destination for 3 key areas : a) Heritage Tourism b) Skilled industry ( gem & diamond cutting, hand crafted material, etc) and c) Modern knowledge based industry.
  2. Build infra to support that - a fast and clean intra-city commute option; a faster speedway with Delhi; a devoted fast speed commuter service ( like a bullet train) with Delhi and very importantly, do all of this in a way that accentuates the Old city’s beauty and does not overcrowd it.
About Ajmer : It never had a future frankly, despite producing some of the brightest off springs of humanity (I have never been accused of modesty!). After the Indian Railways stopped being a significant player ( in terms of attractive employment & real business incentives), there was n’t any real hope for the city. The real reason of the past glory was it being the seat of Mughal governorship, and later a British Presidency. In a political environment where the federation was loose, it would serve brilliantly as a centre of power and the representative of the Federal/Central govt - almost equidistant in geography, from  Mewar, Marwar and Jaipur kingdoms. And that’s exactly what led Ajmer be a Central Govt ruled territory with great powers and all the benefits ( like a Union Territory). But if you look back, the reasons for its ascent in Mughal/British period have also become the reasons for its decline in the last 50 yrs - after it was integrated into Rajputana State in 1956/57. It never acquired a strong caste/religion bias one way or the other - meaning in the new political reality of electoral democracy, it had no significant voter section/political leader who derived power from a feudal/caste based politics and could draw resources to the city for his/its own benefit (compare the state of affairs with Jodhpur, where both the erstwhile King and the popular Congress leader J N Vyas were able to draw resources). Nor did it have the rich colonial heritage of its colonial cousins of Meerut, Simla or Kanpur - it never had the Rajputana linkages of its more Regal neighbours - Udaipur, Jodhpur or Bikaner.
The other predicament of this city is also British brought - for 80-100 years ( till perhaps now OR 10 yrs earlier) it served it well to be the city with best English education, seats of education and education administration - serving and producing a large class of well-bred people ready for “Govt -like services” employment ( Right from Hindi medium Arya Samaj or Govt run schools to more upscale St. Anselm’s and Mayur). This meant that till the major centres of administration remained in the city, there would still be opportunity and prosperity, with allied businesses of trading and services flourishing. But somewhere in the last 50 yrs, the power-that-be realised that they had no incentives in keeping large powers of administration in Ajmer. Unfortunately, they were never as bright to keep a Gandhinagar different from Ahmedabad (or Canberra different from Sydney) - atleast, that would have kept the city clean and infra-healthy.
Where it leaves the city is that the bright ones, who are fortunate to find an opportunity like ourselves, flee and lament later at the slow development in their beloved home town ; and those who could not leave but CHOSE to stay back, do enjoy living in the enviable and comfortable surroundings and  raise their children in the eternal Ajmeri hope that some day it would be the brightest city in Rajasthan, besides Jaipur. I am caught in between  - since I carry the eternal Ajmeri hope that now when Jaipur becomes the modern age Metro it always threatens to, ancillary towns like Ajmer would eventually bloom but the realist in me finds myself pleading every year with friends and family with years left in their productive age to “come out”.
In many ways, the tale of Ajmer is the tale of many small towns in Middle-India - towns populated with hard working eternal hopefuls; towns which are a promise unto themeselves - promises, which ironically, would never get redeemed as the children of these people move to make Jaipurs and Coimbatores compete/complement Noida and Bangalore. 
On balance, too bad for Ajmer, not too bad for India (Hopefully ! -see, as I said, people of Ajmer are and only breed eternal hopefuls)

Indra Nooyi’s Graduation Remarks

Good evening, everyone. Dean Hubbard, distinguished faculty, honored graduates, relieved parents, family, and friends, it’s a distinct pleasure to be in New York City this evening to celebrate the biggest milestone to date in the lives of you, the young men and women before us: your graduation from Columbia University Business School. It may surprise you, graduates, but as big a night as this is for you, it’s an even bigger night for your parents.

They may look calm and collected as they sit in the audience, but deep inside they’re doing cartwheels, dancing the Macarena, and practically speaking in tongues, they’re so excited. This is what happens when parents anticipate that their bank accounts will soon rehydrate after being bone-dry for two years. So, for everyone here this evening, it’s a very special occasion. And I’m delighted to share it with you.

I am keenly aware that graduates traditionally refer to our time together this evening as the calm before the storm. Some graduates — perhaps those who minored in self-awareness — refer to the commencement address as “the snooze before the booze.” However you describe my comments this evening, please know that I understand. It wasn’t that long ago that I was in your place. And I remember the day well. I knew that I owed my parents — my financial benefactors — this opportunity to revel in our mutual accomplishment. Yet, as the guy at the podium droned on about values, goals, and how to make my dreams take flight, I remember desperately checking and rechecking my watch. I thought, “I deserve to party, and this codger’s cramping my style!” In one of life’s true ironies, I am now that codger. Well…I’m the female equivalent. A codg-ette, I guess. And I now understand that values, goals, and how to make dreams take flight, really are important. So being a firm believer that hindsight is one of life’s greatest teachers, allow me to make belated amends. To that distinguished, erudite, and absolutely brilliant man whom I silently dissed many years ago: mea culpa. Big, BIG mea culpa!

This evening, graduates, I want to share a few thoughts about a topic that should be near and dear to your hearts: the world of global business. But, I’m going to present this topic in a way that you probably haven’t considered before. I’m going to take a look at how the United States is often perceived in global business, what causes this perception, and what we can do about it. To help me, I’m going to make use of a model. To begin, I’d like you to consider your hand. That’s right: your hand. Other than the fact that mine desperately needs a manicure, it’s a pretty typical hand. But, what I want you to notice, in particular, is that the five fingers are not the same. One is short and thick, one tiny, and the other three are different as well. And yet, as in perhaps no other part of our bodies, the fingers work in harmony without us even thinking about them individually. Whether we attempt to grasp a dime on a slick, marble surface, a child’s arm as we cross the street, or a financial report, we don’t consciously say, “OK, move these fingers here, raise this one, turn this one under, now clamp together. Got it!” We just think about what we want to do and it happens. Our fingers — as different as they are — coexist to create a critically important whole.

This unique way of looking at my hand was just one result of hot summer evenings in my childhood home in Madras, India. My mother, sister, and I would sit at our kitchen table and — for lack of a better phrase — think big thoughts. One of those thoughts was this difference in our fingers and how, despite their differences, they worked together to create a wonderful tool.

As I grew up and started to study geography, I remember being told that the five fingers can be thought of as the five major continents: Europe, Asia, Africa, and North and South America. Now, let me issue a profound apology to both Australia and Antarctica. I bear neither of these continents any ill will. It’s just that we humans have only five fingers on each hand, so my analogy doesn’t work with seven continents.

Clearly, the point of my story is more important that geographical accuracy! First, let’s consider our little finger. Think of this finger as Africa. Africa is the little finger not because of Africa’s size, but because of its place on the world’s stage. From an economic standpoint, Africa has yet to catch up with her sister continents. And yet, when our little finger hurts, it affects the whole hand. Our thumb is Asia: strong, powerful, and ready to assert herself as a major player on the world’s economic stage. Our index, or pointer finger, is Europe. Europe is the cradle of democracy and pointed the way for western civilization and the laws we use in conducting global business. The ring finger is South America, including Latin America. Is this appropriate, or what? The ring finger symbolizes love and commitment to another person. Both Latin and South America are hot, passionate, and filled with the sensuous beats of the mambo, samba, and tango: three dances that — if done right — can almost guarantee you and your partner will be buying furniture together.

This analogy of the five fingers as the five major continents leaves the long, middle finger for North America, and, in particular, the United States. As the longest of the fingers, it really stands out. The middle finger anchors every function that the hand performs and is the key to all of the fingers working together efficiently and effectively. This is a really good thing, and has given the U.S. a leg up in global business since the end of World War I. However, if used inappropriately — just like the U.S. itself — the middle finger can convey a negative message and get us in trouble. You know what I’m talking about. In fact, I suspect you’re hoping that I’ll demonstrate what I mean. And trust me, I’m not looking for volunteers to model. Discretion being the better part of valor…I think I’ll pass.

What is most crucial to my analogy of the five fingers as the five major continents, is that each of us in the U.S. — the long middle finger — must be careful that when we extend our arm in either a business or political sense, we take pains to assure we are giving a hand ..not the finger. Sometimes this is very difficult. Because the U.S. — the middle finger — sticks out so much, we can send the wrong message unintentionally. Unfortunately, I think this is how the rest of the world looks at the U.S. right now. Not as part of the hand — giving strength and purpose to the rest of the fingers — but, instead, scratching our nose and sending a far different signal. I’d challenge each of you to think about how critically important it is for every finger on your hand to rise and bend together. You cannot simply “allow” the other four fingers to rise only when you want them to. If you’ve ever even tried to do that, you know how clumsy and uncoordinated it is. My point here is that it’s not enough just to understand that the other fingers coexist. We’ve got to consciously and actively ensure that every one of them stands tall together, or that they bend together when needed.

Today, as each of you ends one chapter in your young lives and begins another, I want you to consider how you will conduct your business careers so that the other continents see you extending a hand…not the finger. Graduates, it’s not that hard. You can change and shape the attitudes and opinions of the other fingers — the other continents and their peoples — by simply ascribing positive intent to all your international business transactions.

If you fail, or if you are careless, here’s a perfect example of what can happen: A U.S. businesswoman was recently in Beijing, China, on an international training assignment for a luxury hotel chain. The chain was rebranding an older Beijing hotel. As such, the toilets in the hotel had yet to be upgraded. There were no porcelain commodes, just holes in the floor. Until recently, this was the standard procedure in China. Now, 8,000 miles removed from the scene, you and I — and most Americans — can shake our heads and giggle at the physical contortions and delicate motor skills necessary to make the best of this situation. We’re simply not used to it. But to loudly and insultingly verbalize these feelings onsite, in front of the employees and guests of the host country, is bush league. And yet, that’s exactly what this woman observed. In the hotel’s bar, the woman overheard a group of five American businessmen loudly making fun of the hotel’s lavatory facilities. As the drinks flowed, the crass and vulgar comments grew louder, and actually took on an angry, jingoistic tone. While these Americans couldn’t speak a word of Chinese, their Chinese hosts spoke English very well, and understood every word the men were saying. And we wonder why the world views many Americans as boorish and culturally insensitive. This incident should make it abundantly clear. These men were not giving China a hand. They were giving China the finger. This finger was red, white, and blue, and had “the United States” stamped all over it.

Graduates, it pains me greatly that this view of America persists. Although I’m a daughter of India, I’m an American businesswoman. My family and I are citizens of this great country. This land we call home is a most loving and ever-giving nation — a Promised Land that we love dearly in return. And it represents a true force that, if used for good, can steady the hand — along with global economies and cultures. Yet to see us frequently stub our fingers on the international business and political stage is deeply troubling. Truth be told, the behaviors of a few sully the perception for all of us. And we know how often perception is mistaken for reality.

We can do better. We should do better. With your help, with your empathy, with your positive intent as representatives of the U.S. in global business, we will do better. Now, as never before, it’s important that we give the world a hand…not the finger. In conclusion, graduates, I want to return to my introductory comments this evening. I observed that as big a night as this is for you, it’s an even bigger night for your parents. I ascribed their happiness to looking forward to a few more “George Washingtons” in their bank accounts. While this is certainly true, there is another reason. Each of your parents believes that their hard work has paid off. Finally! They believe that maybe — just maybe — they have raised and nurtured the next Jack Welch, Meg Whitman, or Patricia Russo. Don’t disappoint them. Don’t disappoint your companies. And don’t disappoint yourselves. As you begin your business careers, and as you travel throughout the world to assure America’s continued global economic leadership, remember your hand. And remember to do your part to influence perception. Remember that the middle finger — the United States — always stands out.

If you’re smart, if you exhibit emotional intelligence as well as academic intelligence, if you ascribe positive intent to all your actions on the international business stage, this can be a great advantag But if you aren’t careful — if you stomp around in a tone-deaf fog like the ignoramus in Beijing — it will also get you in trouble. And when it does, you will have only yourself to blame.

Graduates, as you aggressively compete on the international business stage, understand that the five major continents and their peoples — the five fingers of your hand — each have their own strengths and their own contributions to make. Just as each of your fingers must coexist to create a critically important tool, each of the five major continents must also coexist to create a world in balance. You, as an American businessperson, will either contribute to or take away from, this balance. So remember, when you extend your arm to colleagues and peoples from other countries, make sure that you’re giving a hand, not the finger.

You will help your country, your company, and yourself, more than you will ever know. Thank you very much.

Giving Thanks on Independence Day

If there is one single person who should be thanked this and every Independence Day and who is not and cannot be thanked enough is Mahatma Gandhi. Every day, I read about leaders and people from failed nations sighing that they don’t have a Gandhi or a Mandela to pull their nation together.

Truly, we Indians were blessed to have a leader like him at a time like that.

Websites that suck - www.citinri.com

A review of Citibank’s website to serve non-resident Indians and why it sucks big time.