Tuesday, January 20, 2009

ANZ riding high in India

Satyam case, is still afresh in minds. But the good news are also now appearing. India is still the darling of the world when you compare for various outsourcing requirements of the global economy and India has advantages of Excellent intellectual who can speak and understand English. The latest news of Australian Banks entering India is also commendable(ANZ was earlier operating in India but exit the operations in 2001). Now the latest news is that ANZ is proposing to acquire certain verticals to grow in Asia. It should be noted that not many Australian Companies have foot print in India. Probably, once ANZ drums it success story of India in Australia, we can have the other companies/Banks of Australia to be present in India. Now we need to see who will first seize the opportunity and enter India. Australian Banks especially ANZ has withstood the global meltdown and now has deep pockets to go for shopping in India. So ultimately the customer is going to benefit as ANZ operated very well during its operations in India as "ANZ Grindlays". All the best and Welcome to India!

Sunday, January 18, 2009

Media is Dead......Long Live the Media

Recent, drama both on press and television on the guidelines for the telecast during emergency situations created havoc. The only group to raise concerns is the Media!surprisingly its true. In any other similar situation, when say corporate group raises issues or concerns on any of the proposed amendments, they do it after a lot of research and studying the impact of the amendments on them. At that point, depending on the mood of the media, they either support them or turn them down. I have read many occasions where the bastions of media just simply played down the request of the corporate. Media at time support foreign investment in certain sector and certain point of time oppose them. But they are very shrewd as not to allow foreign investment in their sector, as that would bring in competition and the likes of BBC, CNN, AFP, would just throw them out of the sector. I utterly fail to understand why media is so protective?Are we expected to read the same breaking news for hours together?Are we expected to agree to the media of their views?Are we expected to see the programmes telecasts on various channels, where in the moderator talks more and never allows the invitees to speak?Are we expected to see the sensation in the news?Are we expected to see only problems and no solutions?Are we expected to just to see and not act? None of the media players play a constructive role when we compare on macro level basis. Today, Media boasts that India got independence in 1947 and the position today is not so encouraging, can we also raise a question, that Media is also existing from the time of our independence(even earlier may be in different form), what change they were able to make it. Does the media incorporates ethics or the security of the nation in their coverage. Answer is no. Today we have many media persons who have shifted from one company to other, ditching their mentors....today we have media who telecasts Mumbai attacks , which was keenly watched by our friends across the border?Has anyone raised any question on the various wrong news beamed during the Mumbai attacks? We have no answers to all of these questions, if we have raised any questions on this, it will be ensured that they are not answered by the media or deleted from the postings(if posted on website).......Media have still not understood their role is what i feel. They make a small time politician a big hero and keep covering him, for his sensational dialogues......they are more interested in earning their bread and butter through advertising and will never think of the hatred the clippings would create in the country. Media will never allow foreign players to come in or invest because it is known that they cannot face the quality/coverage of such foreign players. Today if someone reports a news and identifies that is it BBC, CNN, AFP or Bloomberg or Thomson Reuters, the news is taken on its full value. Do we have any Media in country with that quality/accurate news, expect for PTI. The news channel are just competing with each other, they are not doing any good to the country. Everyone wants to cover news which are "exclusive" or "breaking" first on their channel etc., Who knows whether news covered are paid for, as we have media to be a watch dog on politicians or corporate but who watches Media? During the vote of confidence, the incident of MPs being bribed was hot. One channel was supposed to telecast the incident(sting operation clippings), but at the last moment it backed off...with some lame excuses.....can anyone imagine this happening with BBC, CNN, AFP or Bloomberg or Reuters, this i know and probably the Media also knows. Does the media persons have commitment/ethics/professionalism with respect to their profession? I don't think so....they are here to become journalist winning awards, winning appreciation...but have we ever thought what is the value addition they have made to safeguard the country's interest? It is not the coverage of the problem that is important, it is the solution which is important......anyway the media is helping our friends across the border to know how the politicians are fighting in India, the difference of opinion among Indians on topics of national security, integrity...these are dishes served to them, for which they need not do any work....Good work media.....keep going......when we expect politicians to be united on the issues of national importance, is it unfair to expect the same from Media? Media is dead..........long live the Media

Saturday, January 17, 2009

Husband's Life

Ever wondered how a husband's life evolves(a guy who is fair enough in his dealings, who tries to manage two boats at a time...). He is subject to all the experiments in life. Poor chap, first he is grown with his family on standalone basis and thereafter he grows on consolidated basis with family and wife. The definition of family gets expanded so as his responsibilities. I always wonder as to why only Mother In law an Daughter in law fight, never seen a case where Son in law and Father in law fights, strange....men are more accomodative.....Husband has a very difficult situation throughout his life, after marriage he needs to balance between old family and new family member wife, thereafter with child and wife, the buck does not stop here then between child and parents, thereafter between his daughter in law and wife or between his son in law and daughter....the life goes on....but he still maintains all sometimes gets annoyed sometimes drunk and sometimes with threatening...all is fair in husband's life.........