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

Tuesday, June 4, 2013

Hollywood Asians

More and more directors from the largest and most populous continent are taking a shot at a toehold in the movie capital of the world. Is this the beginning of a new invasion or just a few negligible drops in the ocean? The jury is out. By Saibal Chatterjee

The English-language debuts of two top-notch Korean filmmakers, Park Chan-wook (the characteristically evocative Stoker) and Kim Ji-woon (the action-packed The Last Stand), have been released in the recent past.

Another similar foray by their compatriot, Bong Joon-ho (Snow Piercer), is due to the hit screens around the world later this year. The last-named title is in fact tipped to have its world premiere at the upcoming 66th Cannes Film Festival (May 15-26).

In fact, reliable reports from Hollywood have it that directors of Asian descent are at the helm of as many nine major studio films this year. And that is a handful. But the question is: are these striking numbers enough to suggest that 2013 has the makings of a bumper year in American cinema for filmmakers that have links with the largest and most populous continent of the world?

Very few Asian directors have had a smooth run in Hollywood, but that has not stopped some gifted filmmakers from the continent, including such celebrated talents as Hong Kong’s Wong Kar-wai (My Blueberry Nights), Japan’s Takeshi Kitano (Brother) and China’s Chen Kaige (Killing Me Softly), from having a stab at English-language movies.

Park Chan-wook’s Stoker, a psychological thriller that is said to be heavily influenced by Alfred Hitchcock’s Shadow of a Doubt, features Mia Wasikowska, Nicole Kidman and Matthew Good. The film has been well-received by critics. The Oldboy director is best known globally for his hypnotic, stylised revenge dramas and the new film has many of the celebrated touches of his signature style of storytelling.

Bong Joon-Ho’s English-language debut, too, is being eagerly awaited. Snow Piercer, a sci-fi thriller adapted from a French graphic novel, has an ensemble cast that includes Tilda Swinton, Chris Evans, Jamie Bell, John Hurt and Ed Harris.

There are many others in the frame. G.I. Joe: Retaliation, the Channing Tatum-Bruce Willis vehicle that opened worldwide amid much fanfare in late March, has been directed by Jon M. Chu, a Palo Alto, California-born American filmmaker of Chinese origin best known for the dance-themed blockbuster Step Up 2: The Streets.

The response from critics to the follow-up to G.I. Joe: Rise of the Cobra has been mixed, but the film is a certified international box office hit, having raked in over $230 million in two weeks. The going for Chu is all set to get even better – he has been roped in to direct the He-Man reboot, Masters of the Universe, slated to go into production sometime this year.

The likes of Ang Lee, Wayne Wang (who has directed indie films and studio movies with equal success and continues to be a respected name in showbiz), Justin Lin and John Woo are markedly different from Chu in that all of them were born and raised in Asia before migrating to the US to join film schools and going on to make thriving Hollywood careers for themselves.

John Woo, the 68-year-old Hong Kong-based director whose influence on the action genre has been immense, is regarded as the first Asian filmmaker to find mainstream acceptance in Hollywood, where he worked with A-listers and made successful films such as Hard Target, Broken Arrow, Face/Off and the biggest of them all, Mission: Impossible 2.

But no Asian director has tasted the kind of sustained commercial and critical success that Taiwanese-born Ang Lee has. Twice winner of the directing Oscar (Brokeback Mountain and Life of Pi), the history-making filmmaker derives his power and appeal from his amazing versatility.

In an eventful 20-year directing career, Ang Lee has earned a reputation for springing surprises and scooping up major awards. The genre-jumping director has never repeated himself and has moved from one form to another, one theme to another, one culture to another with amazingly consistent mastery.

He is probably the only director alive today who has two Oscars, two Golden Globes, two Golden Bears (in Berlin) and two Golden Lions (in Venice) in his swelling kitty.

The only major filmmaking award that has so far eluded Lee is the Cannes Film Festival’s Palme d’Or although he has competed for it twice – in 1997 with The Ice Storm and in 2009 with Taking Woodstock.

Lee is today a global force to reckon with, one of the finest directors in the business. He is celebrated for his ability to infuse every tale he brings to the big screen with humanity, heart and deep philosophy. This hallmark of his art and craft was abundantly evident in Life of Pi.

Until his Brokeback Mountain swept all before it, he was best known the world over for the sweeping martial arts epic Crouching Tiger, Hidden Dragon. In 2000, the film redefined the world’s engagement with the colour, flourish and energy inherent in Chinese fantasy.


Another Taiwanese-born American director who has been consistently successful in Hollywood is Justin Lin. His fame rests on the action-packed Fast & Furious franchise. Coming on board  for the third film in the series, The Fast & the Furious: Tokyo Drift, in 2006, he helmed Fast and Furious (2009) and Fast Five (2011).

Lin’s fourth and final F&F film, Fast and Furious 6, is slated for release in the last week of May. He has announced that he will not be helming Fast & Furious 7. But that certainly isn't the last the world will hear of the man.

Indian filmmaker Shekhar Kapur achieved a major global breakthrough with 1998’s Elizabeth, a fictionalised account of the reign of the British Queen. The film received as many as seven Academy Award nominations – a record for any film helmed by an Indian.

Almost ten years later, Kapur made a sequel, Elizabeth: The Golden Age, with Cate Blanchett reprising the role of the Queen. But the film was neither as commercially successful nor as critically lauded.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles

Monday, June 3, 2013

The past catches up

The inaction on the part of Rajapaksha Government assured that Sri Lanka faced a far tougher challenge at Geneva this year than it had faced anytime before

A couple of weeks ago, the Palais des Nations in Geneva, which is no stranger to diplomatic dramas, witnessed probably the most stunning of them all in the recent years. After the screening of 'No Fire Zone', a documentary exposing the war crimes committed by its forces, the Sri Lankan ambassador to Geneva, denounced the movie and censured the UN human rights council for having given the permission to screen it in a UN building. Generally, after such speeches, the representatives and ambassadors of the friendly nations applause. Only in this case, there was a stunning silence. Considering the gathering also had substantial numbers of diplomats who were in Geneva to participate in the current session of the council that is all set to discuss Lanka's human rights record, the silence mush have been heard till Colombo.

This year proved to be the toughest for Sri Lanka as far as the diplomatic efforts are concerned. Increasingly, and more so since the last such vote took place, human rights organizations have dug up information and evidence that indicates towards possible involvement of Sri Lankan Armed Forces in committing gross violation of human rights amounting to war crimes.

It has also been suggested variously that during the most intense and final days of the war, the forces failed, either inadvertently or deliberately, to differentiate between combatants and civilians. Similarly, documentary evidence in terms of photos and footage, subject to its authenticity, also confirm that many of whom surrendered, including children, were summarily executed. However, the government of President Rajapaksha has so far refused to look into the charges. Organization such as International Crisis Group have damned the government for not even ordering a credible looking committee to do so.

The criticism is particularly severe among Tamil groups inside Sri Lanka. Tamil National Alliance (TNA), a coalition of Sri Lankan Tamil political parties which dropped the demand for separate Tamil Eelam for more regional autonomy, has time and again asked the government to take the matter seriously but for no avail.

“When the Channel 4 footage was first released, the Government of Sri Lanka vigorously opposed it. Yet the government-appointed Lessons Learnt and Reconciliation Commission too recommended that it should be investigated to ascertain its authenticity. We will co-operate with any investigation to uncover the truth. It is the truth that will lead to any kind of meaningful reconciliation and that is how the on-going violations will stop,” said M.A. Sumanthiran, a Sri Lankan Tamil leader and a TNA parliamentarian.

However, the international community has started showing signs of restlessness and is expected to come out more solidly against the Lankan position than they did last year. In the previous resolution, the US, also the sponsor of it, had to cajole some of the weak African, Asian and other Third World Nations to fall in line. This year, it did not so much as to move a finger.

Meanwhile Journalists for Democracy in Sri Lanka (JDS), a group that advocates the investigation of war crime, has claimed that it has photos indicating Balachandran Prabhakaran, V.P. Prabhakaran's 12-year-old son, in the custody of the army, alive and well just hours before his violent death. The authorities have maintained that the boy died in an exchange of fire between the forces and LTTE fighters. On the other hand, the photos that were taken at 10:14 AM and 12:01 PM on the day of his death, initially show the boy well and having chocolate, and then dead with five visible marks of bullets on his body, respectively.

“Certainly Sri Lanka’s legal framework has permitted and indeed, actively encouraged crimes such as extra judicial executions and enforced disappearances. In view of state complicity in acts of terror, it was not surprising that when national and international pressure intensified in regard to taking action against perpetrators of abuses during the second JVP insurrection, good investigations and prosecutions were rare and, if at all only against junior officers,” asserts Kishali Pinto Jayawardene, a Sri Lankan political analyst.

The government had realized that Geneva was a lost cause but was still trying to save some face. After initially deciding to send a low key delegation for the meeting, President Rajapaksha changed its mind at the last moment. Less than a week before the Council session was about to begin, the President asked Mahinda Samarasinghe, who also happens to be his Special Envoy on Human Rights, to lead the delegation instead of Ambassador Aryasinha, who, although a good diplomat, is considered a lightweight. However, the delegation consisting of 10 members was still small compared to the 50 members leviathan sent for diplomatic dealings last year.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles
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Saturday, June 1, 2013

A soft dismissal

A question mark will dangle over Virender Sehwag’s career from now on, not because he is out of form but because he does not quite fit anymore into the circle of mediocrity that dominates Indian cricket today

It is hugely ironical that an uncommonly gifted Test batsman who has never had the numbers on the scoreboard in his sights now has the lack of runs being thrown at him by the national selectors as the reason for his ouster from the team.

Neither the reputation of the bowler that he was up against, nor his own batting average, has ever appeared to matter to Virender Sehwag. Now that the chips are down, even his standing as a master destroyer of bowling attacks cannot come to his rescue. Such are the ways of Indian cricket.

There has been nobody quite like Virender Sehwag in living memory, save the great Viv Richards and, to a lesser extent, Sanath Jayasuriya. One of the most explosive batsmen the world has ever known is now out of the reckoning because Murli Vijay of Tamil Nadu and Chennai Super Kings (CSK), an opening batsman who came good in the Hyderabad Test the other day after muffing up many opportunities and who has an average that hovers around the mid-30s, is being regarded as a better bet than the Nawab of Najafgarh for the demanding tour of South Africa later this year. Such indeed are the ways of Indian cricket.

Says coach AN Sharma, the man who groomed the champion: “It is really sad. I am really disappointed. Why is Viru always the only one to be axed?” The answer, dear friends, is that the men who run Indian cricket, and that currently includes the captain of the national squad, have distaste for loose cannons that do their own bidding.

Kiran More, former India stumper and ex-chairman of selectors who is always an establishment man, believes that “in the last one and a half years Sehwag has had his opportunities and failed to deliver”. He adds: “Sehwag was dropped only because of bad form. No other motives should be imputed to the move.”

Sharma, on his part, chooses to be cautious. “We all know why he has been dropped. If I say anything, it will only go against Viru.” Former India batsman and one-time chief selector Anshuman Gaekwad, however, believes that it would be wrong to say that Sehwag has been axed. “I would say he has only been rested. You do not drop a player of his stature.”
          
Viru has had an extremely rough time with the bat these past few weeks. Despite all his singular exploits of the past, he is neither Mahendra Singh Dhoni nor Sachin Tendulkar. So no concessions were made by the executioners that were lying in wait for him to slip up. Slip up he did, but to conclude that Sehwag’s days as an international batsman are over would be unfair not only to him but to the cause of the Indian team.  

Murli Vijay, who on the back of a pitiful domestic season got a hundred in the Irani Trophy and, consequently, another Test call-up, finally rattled up some runs in the second Test match against Australia. Sehwag, on the other hand, failed yet again. We could see it coming.

The very ‘bold’ selectors – empowered no doubt by the carte blanche handed out to them by the BCCI president who also happens to be the Chennai Super Kings owner – did exactly what was expected of them. They brought the axe down on Viru without even deigning it fit to look for a replacement for the swashbuckler in the 15-member squad for the next two Tests against Australia.

India is playing the final two Tests of the ongoing series with a complement of 14 players. If Sehwag wasn’t going to be replaced with another player, what was the great hurry to get rid of him? There is obviously more to it than meets the eye. A rift with the captain, a question of attitude, a palpable slowing down of his reflexes with age and the disappearance of his uncanny hand-eye coordination are among the various reasons being cited for Sehwag’s exclusion. The question is: can he work his way back into the team with so much loaded against him?

“Of course, he can come back,” says Gaekwad. “He still has a lot of cricket left in him.” Kiran More seconds that: “He will certainly come back. He is the greatest opening batsman India has ever had along with Sunil Gavaskar. He has won many matches for India. A batsman who can hit a double century in a single day will always win matches for you. Is there anyone like him on the horizon?”    
Having lost his place in the Indian Test team, Sehwag is being told in no uncertain terms that he does not fit into the selectors' plans for the future. That line of thinking is unlikely to change until Dhoni and his CSK cronies – Vijay, Ravichandran Ashwin and Ravindra Jadeja (Suresh Raina is currently out of favour) – rule the roost under a rather benevolent dispensation that gave the India captain the longest rope that a captain has ever been given in the history of cricket in this country – he lost 10 of his last 13 Test matches and yet retained the faith of the selectors. But as we said earlier, everybody isn’t born as lucky as Dhoni, not even the likes of Suni Gavaskar and Kapil Dev.

Former India skipper Sourav Ganguly, like everyone else who regards Sehwag as a special talent, did see Dhoni’s hand in Sehwag’s ouster. But he was quick to retract his statement. He may have had his reasons, but his surmise was bang on. Ganguly has, of course, asserted that Viru should have been persisted with because he is always only a single innings away from a match-winning, career-reviving knock.

But the selectors reserve all their patience for only a small charmed circle of cricketers who derive their clout from linkages forged outside the arena. They will not touch a Tendulkar even if he is well past his sell-by date. They will find innovative reasons to keep persisting with a Rohit Sharma in ODIs despite repeated failures. But they will use a completely different yardstick when the man in question is Sehwag.

So, have we seen the last of Virender Sehwag in the international arena? He was dropped from the ODI scheme of things earlier and now with his Test spot in doubt, is he out for good? On his part, he has expressed confidence that he has it in him to wrest back in spot in the Indian Test side. But as things stand, it looks a little difficult.

Sharma says the Delhi dasher would have to change his game drastically to extend his career, while More is of the opinion that he should keep playing the way he does. “I would always spend my money to watch Sehwag bat no matter what it costs,” says the former Indian wicket-keeper. “He is an outstanding batsman who is in a league of his own.”

With his long-time opening partner, Gautam Gambhir, also out in the cold, and the selectors claiming that they have their eyes on the future, it seems unlikely that Sehwag will be back in the mix unless a miracle intervenes.

Our cricket experts are obviously turning into clairvoyants who can see very, very far into the future. Sunil Gavaskar has recommended that Dhoni should continue as India’s captain until the 2019 World Cup. If Dhoni is the future of Indian cricket, Sehwag clearly isn’t.

Indian cricket has seen a few flamboyant stroke-makers in the past – the likes of Mushtaq Ali, CK Nayudu, Brijesh Patel and Sandeep Patil – come to mind, but there has been nobody who has had the kind of impact that Sehwag has had. He transformed Indian batting in a way that even Sachin Tendulkar never did.

“I have never seen a player like him in world cricket,” says Gaekwad. Sehwag has the fastest triple century in Test cricket under his belt. That innings, played against South Africa in Blomfontein, should rank among the greatest knocks ever. He got to 300 off just 278 balls. When he got out at 319, it was already the highest individual Test score registered at a strike rate of over 100. Sehwag is truly incomparable.   

The tempo that he injected into India’s batting as a Test opener – his move from the middle-order to the top of the batting line-up was an inspired one – changed the team’s approach completely in games both at home and overseas and that helped India set a platform for big conquests on foreign soil.

Indian batsmen tend to be obsessed with statistics. Sehwag has never bothered to look up at the scoreboard – or at least that is the impression he gives thanks to the manner in which he goes about his job. Remember his awesome 195 against Australia on an opening day of a Test match in Melbourne in 2003? An ordinary batsman would have opted for five carefully taken singles to get to his double century. But not so Sehwag. He sought to clear the ropes and holed out in the deep. He walked back to the pavilion as if nothing had happened, his shoulders still upright and his gait still as easy as ever.

That has been the greatest attribute of Sehwag’s game – he can take the rough with the smooth with equal composure. He has therefore often been accused of not being ambitious enough. But why would one of the most entertaining batsmen the game has ever produced worry about little things like ambition if he can get two triple hundreds in Tests and join a small club of only four players, including Don Bradman and Brian Lara?


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles

Friday, May 31, 2013

Deceitful Investments?

FDI inflows should be well tracked to restrict black money

Evading tax has always been a common practice among the affluent. While this may seem an off-handed primary opinion, there is no denying that traditionally, certain big business houses used to keep parallel books of accounts in order to show lower profits, and eventually evade taxes. Loopholes were easy, due to inconsistencies between corporate accounting principles and those followed by income tax authorities. But with technology, and with advances in accounting reconciliation mechanisms, the age-old practice of maintaining phantom books of accounts became futile (yes, for all our arguments, there will always be a Satyam to prove us wrong...still). Amidst all this, parking/routing money in nations where tax rates are relatively lower has become the most sought-after option to evade taxes. In simple words, corporations and individuals today are re-routing their money to their home nations via tax havens (where tax rates are generally around one per cent). The tax haven concept has always been a problem-child for developing and under-developed nations with respect to lost taxes, but has been advantageous with respect to FDIs.

A research paper titled, ‘Estimating Tax-Elasticities of FDI: The Importance of Tax Havens’ by Peter Schwarz concludes that “for US multinationals, a reduction in host country tax rates corresponds with higher FDI-stock. The estimated elasticity suggests that a one per cent reduction in host country tax rates leads to an increase of total FDI between 0.3 to 1.8 per cent, depending on the specific tax burden indicator.” A study by Blanco and Rogers shows that “less developed countries in the neighbourhood of tax havens exhibit significantly larger FDI inflows” and higher FDI flows strengthen the investment confidence level for that particular nation. In India, reportedly, around 40 per cent of FDI is being redirected from tax havens, like Mauritius.

So what should India do in such cases? The first step should be to immediately initiate researches into finding out whether India on the whole has been advantaged or disadvantaged due to tax havens. The second step should be to have a due diligence process that ensures that any FDI coming into India is through clean sources.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles

Wednesday, May 29, 2013

Book Review : London Company

Off the beaten path

It is interesting how popular culture focuses on certain aspects of a particular society while totally ignoring others. If popular culture was to be believed, one would think that racial dispute was the sole problem of the USA. The most that the United Kingdoms are supposed to have suffered by way racial conflict is protests of Scotland and Ireland against the yoke of England. That the UK had an equally complex racial equation with African, Asian and Caribbean  immigrants, is largely ignored.

Farrukh Dhondy’s London Company is a rare work of fiction that walks away from that beaten path. He does not talk of the terrorism of the IRA. Instead he talks of the street protests of “Ridley Road, Notting Hill, Harlesden, Brixton and elsewhere” in the heady days on the British Black Panther movement.

When Dhondy arrived in England with a scholarship to Pembroke College, Cambridge in 1964, England was going through tumultuous times. Immigrants were flooding into the country. Simultaneously, it was an age of social change. The Civil Rights movement was quickly gaining momentum. The country was waking up to sexual maturity with the sexual revolution. Several racial freedom movements, especially those across the Atlantic in America, were making their influence felt on the English shores as well.

It was such a climate in which Dhondy arrived and quickly identified his calling as an activist an writer on race issues, as he worked for   the publication Race Today. The book gives a fictionalised account of how he entered the world of activism, joined the British Blask Panther Movement and his later disillusionment with the same.

He begins at the end – with narrating an event that forced him to differ with the direction the movement was taking and his disenchantment with it. He then smoothly goes back to how he came to join the movement in the first place and his progress through it. The book is fast paced and tightly packed, reflecting well how exciting Dhondy’s life as a young Indian student in 1960s England.

London Company is the story of a rebel. Feeling claustrophobic with the norms, rules and conventions of the Indian society, Farrukh and his girlfriend Natasha move to Leicester, looking for freedom and a chance to build their lives on their own terms. Here they face for the first time an evil that they had been largely insulated from – racial discrimination. Landlords refuse them rooms, local bars refuse them service and they are directed to the Asian ghettos to live.

They are suggested to “go down to the Asian areas of town...”, for “filthy accomodations down the side street”. They get co-opted into an Indian Workers’ Association from where they get a taste of street politics, holding successful strikes and desecrating pubs in the process.

Later, the couple moves into London, joining the British Black Panther Movement, inspired by the more famous and rather militant movement of their trans-Atlantic cousins. He gets a job as a teacher and also begins to explore writing professionally. However, he is yet to find his feet on that front and rejects his own work as “fairy tales”.

As they delve deeper into the movement, inherent differnces in opinion, ideological rifts adn complexities begin to rear their heads and it is at this point that Farrukh begins to lose some of his enthusiasm.

What is particularly noticeable about the work is that Dhondy uses highly authentic idioms and description of the lifestyles of the community he describes. There is a very interesting passage where a character protests against the supposed Rastafarian pronunciation of Shakespeare as “Shek-zapeeree” saying: “I have lived three or four times as long as you among Caribbean people and I have never heard the name Shakespeare pronounced in the way you said it. You should have some respect. I know that all of you have changed your names but please don’t change Shakespeare’s.” Dhondy’s sensitivity, probably arising out of the fact that he himself was from a racial minority, is commendable.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
BBA Management Education

Saturday, May 25, 2013

Herr Bose?

Netaji's ideological grounding was weak and his lack of political acumen only compounded his mistakes

The ideological commitment of any individual is best tested when he or she is pushed to the wall. Because it is here that the option to take an easy way out or strike a compromise appeals the most. And it is in such circumstances that one of India’s most prominent nationalist leaders Netaji Subhash Chandra Bose made some of the biggest strategic mistakes of his life.

Bose's tryst with Nazism and Fascism has always remained a matter of debate. Experts have variously called his decision a “tactical folly”, “lack of political acumen” and “genuine flirtation”. The truth – as always – lies somewhere in between.

Let's consider Bose's initial tryst with the ideology. Throughout the 1930s and even later, Bose's basic ideology was grounded in socialism. Sugata Bose – grandnephew of the INA leader and professor of history at Harvard – writes that Bose's differences with MK Gandhi were primarily because he thought that the latter had no plan in place whatsoever for a post-independence India. Besides, Bose’s idea that the independence movement “should depend, for its strength, influence and power on such movements as the labour movement, youth movement, peasant movement, women's movement, student's movement” was abominable to right-wingers like Vallabhbhai Patel.

Bose tried to reach out to the leaders of both Fascist and Nazi regimes in the late 1930s but without much success. Some suggest that he secretly entertained middle-rung Nazi leaders in Bombay in 1938 when he was president of the Indian National Congress (INC) for a brief period. However, his efforts to connect with Nazi forces till then were mostly based in and around the principle that an “enemy's enemy is my friend”. He certainly displayed no particular liking for the Nazi or Fascist ideology as a whole. The admiration was selective. And that was not unnatural because even Gandhi had praised Mussolini’s “care of the poor, his opposition to super-urbanisation, his efforts to bring about coordination between capital and labour”.

Around the same time, Hitler, who was clearly in awe of the British Empire and definitely wanted to have a respectful share in its sphere of influence rather than  substituting it with a German empire, saw little strategic value in entertaining Bose. “The land for us, the seas for England,” visualised Hitler. However, he did see the tactical benefit in using Bose as a chip to bargain with the British. On the other hand, Bose was sceptical of Hitler's hatred for the Soviet Union and was uncomfortable discussing it. Hitler was shrewd enough to judge that and advised him to reach an agreement with the Japanese to avoid "psychological mistakes".

Ideologically speaking, they did not particularly admire each other – at least it was not the kind of mutual admiration that Mussolini and Bose shared. In fact, during his initial tryst, Bose tried hard to have Hitler's racist references to Indians excised from further editions of Mein Kampf. The relationship grew worse as Bose had by then little appetite for racism and went as far as to rebuke Hitler at a press conference in Geneva after yet another rabid racist speech by the latter. Some historians claim that he even asked for a trade boycott against Nazi Germany.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
BBA Management Education

Friday, May 24, 2013

Has the 100-crore club reduced movies to IPOs?

Monojit Lahiri investigates B-town's latest, booming bimari!

Film critic, Anupama Chopra had lamented about this earlier when Sallu bhai was on the rampage with his monster hits, - Ready, Dabangg, Body Guard – but the obsession with this figure took on very sad, disappointing dimensions when recently the release of the late Yash Chopra’s swan song,  Jab Tak Hai Jaan, was completely hi-jacked by how soon this dazzling SRK-Katrina-Anushka rom-com would blast the Rs 100 crore mark; and not whether the film was the perfect ending to a filmmaker’s magnificent obsession of using love as a passionate leitmotif of all his films. Not whether SRK, despite his 45 years age, managed to wow and charm the mickey of his zillion fans with his matchless, stylised body language and histrionics; not whether the two heroines, in their own respective ways, fleshed out their roles with the sense of abandon and sensitivity demanded and not whether the Gulzar-Rehman magic, the spectacular locales and canvas out-excelled Yash ji’s earlier efforts. Whatever happened to old-fashioned movie-going experience - the thrill starting from the time the lights dimmed, submitting to magical willful suspension of disbelief right through and returning satiated and enthralled?

Even up till a few years ago, life was different. Mainstream publications and TV channels did reviews. Hits were defined by Silver, Gold and Diamond jubilees, with dazzling, glamorous parties marking the occasion, with reports splashed across film mags. Details of daily/weekend/weekly/monthly collections were restricted strictly to the ‘trade magazines’. In recent times however, this Rs 100 crore disease has spread like a fungus and today, in crass, blatant and brazen manner, First day/Weekend/Weekly collections – real or fictional – are blitzed across mainstream and film publications with depressing regularity! Has the fun and enjoyment of going to the movies reduced to an IPO-watch? Have the merchants taken over from the mavericks and magicians?

Many heavyweights of B-town share this concern. Rajkumar Hirani (Director of Munnabhai and 3 Idiots) is extremely uncomfortable with this fact and articulates it in no uncertain times. He suspects it is a chilling sign of a consumerist and market-obsessed time when people are encouraged to know the price of everything and the value of nothing! “For God’s sake, it’s not an IPO but a film! Sure I understand and am concerned about the ROI factor, but for me audience appreciation is the key. People loving your film and recommending it to others remains a matchless high. For me, the shoe-string-budgeted Jane Bhi Do Yaro, made three decades ago, is way beyond any Rs 100 crore movie because even today it is remembered, loved and given cult status.” Both Anurag (Barfi) Basu and Kabir (Ek Tha Tiger) Khan agree. Basu – returning after a big budget disaster, Kites, admitted he was apprehensive about the commercial viability of his movie. “Transforming young, hot, popular, glam stars like Ranbir and Piryanka into sexless deaf-dumb-artistic creatures could be risky. The content, too, was anti-glam. Would the audiences respond to the soul to the film? I guess I got lucky! If you go with your heart, chances are, it will find another.” Kabir agrees. “You can’t sit down with the self-created agenda of writing a Rs 100 crore film! Stupid! You have to go with your sense of self-belief. I did exactly that for Ek Tha Tiger and God was kind. It worked.” And how!


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
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Thursday, July 26, 2012

Why 2014 Can Deliver Shocks

Back in September 2006, when we launched The Sunday Indian, our first cover story was on the likelihood-some would say inevitability-of Rahul Gandhi becoming the Prime Minister of India. Back then, we wondered how a Gandhi would handle the fact of being the first Gandhi to not be the unquestioned leader of the Cabinet and the nation. The only message that is loud and clear from assembly elections and bye elections held over the last one year is: there is just no way the Congress will improve upon its 2009 tally of 206 Lok Sabha seats in 2014. The rest of the MPs required to cross the magic mark of 272 will be supplied by Mamta Bannerjee, Sharad Pawar and perhaps even Jayalalitha, apart from assorted smaller allies. How then would Rahul Gandhi function as Prime Minister?

Let's look at the best case scenario for Congress, where it has a chance of significantly improving its tally. Out of the 112 odd seats in Jharkhand, Orissa, Chattisgarh, Bihar and Karnataka, the Congress won just 16 seats. Let us assume that the Rahul Gandhi magic works in these states. Even then, the most hopelessly die hard supporter of the Congress would not bet on the party’s tally from these states going up by more than double. (Do you seriously expect the Congress to sweep Bihar, Karnataka and Orissa that give 87 MPs?) That gives the Congress 16 more seats. In effect, the Congress tally would go up to 230 if you are wildly optimistic.

But electoral politics is different from wild optimism. In U.P, the Congress already has 22 seats and cannot significantly improve; in Delhi, it has 7 out of 7 seats; in Haryana, it has 9 out of 10 seats, in Uttarakhand, it has 5 out of 5 seats, in Rajasthan, it has 20 out of 25 seats; in Madhya Pradesh, it already has 12 out of 29 seats and has 11 out of 26 seats in Gujarat. Worse, it has 33 out of 42 seats in Andhra. After the Jagan Mohan Reddy show, how many of you would bet on Congress retaining the tally? It then boils down to West Bengal and Tamil Nadu, where the UPA already swept the elections in 2009.

The most intriguing question then is: would Rahul Gandhi be amenable to being the Prime Minister of India and yet be at the mercy of temperamental allies? It is OK for a Manmohan Singh to be the Prime Minister in such a situation because he never was a leader anyway. But what happens to the fabled aura and charisma of the Gandhi family when Indian voters see Rahul Gandhi the way he will look after coalition politics inevitably takes its toll? Can the Gandhi family take that kind of risk?

My advice to CEOs of India Inc, start investing in another Manmohan Singh right now. There is little doubt that he or she will be India’s next Prime Minister with Rahul Gandhi playing the now familiar role of being the real power behind the throne.


Wednesday, June 30, 2010

Redefining success

This messiah does not walk on water; his feet are firmly planted on the ground. Sanjit ‘Bunker’ Roy was educated in the most prestigious of academic institutions – The Doon School and St Stephen’s College – but he found his moorings in the hinterlands of Rajasthan, where he set up the Barefoot College, now considered a touchstone model of community empowerment and rural development. Starring in the Time magazine's 2010 list of 100 most influential people, Sanjit Roy envisions significant contribution of Bharat to the future of India. An interview with Indira Parthasarathy…

You received some of the finest education one can dream to have in our country. Did Barefoot result because of, or despite that? Did you have to unlearn anything to start Barefoot?

It was Mark Twain who said, “Never let school interfere with your education.” There is a difference between literacy and education. Literacy is reading and writing and what you pick up in school. Education is what you receive from your family, your community and your environment.

Soon after leaving College, for five years (1967-1971) I worked as an unskilled labourer deepening and blasting open wells for water. That meant going down a 100ft open well by rope and blasting it with explosives. I lived with very poor and ordinary people under the stars and heard the simple stories they had to tell of their skills and wisdom that lectures and university education can never teach you. My real education started then when I saw amazing people – water diviners, traditional bonesetters, midwives at work. Through an unlearning process I reached this approach of the first Barefoot College of its kind.

Barefoot combines education and environmental activism. Do you think it’s high time mainstream education also went for a similar approach?

The CBSE syllabus will be shortly including Barefoot Colleges' initiatives as part of a chapter on Environmental Studies. Since 1993, elected MPs of the seven childrens' parliaments have emerged as environmentally aware future responsible citizens of their villages.

Till 2003, the educational curriculum up till secondary level had a chapter on Barefoot College emphasising its Solar Energy and Rain Water Harvesting initiatives of rural communities.

Children attending schools in Germany study environmental initiatives taken by the night school and Barefoot College students towards spreading environmental consciousness.

What is the biggest impediment an earnest NGO faces in our country?

The main difficulties that I faced in 1971, when we started the Barefoot College, remains even today in 2008. By far the biggest threat to development today, and why the poor will always remain poor, is the literate man and woman who is a product of the formal education system. This system makes you look down on the village. The fact is that the knowledge and skills were used for hundreds of years well before the urban doctor, teacher and engineer turned up in villages.

The biggest obstacle to developing our own Indianness is the mindset of the literate expert who cannot think beyond the box. Einstein’s definition of insanity, “Endlessly repeating the same process hoping for a different result.”


There is a far greater number of ‘for the rich, by the rich’ efforts around us than ‘for the poor, by the poor’. How can the distribution be made more equitable?

Distribution can be made more equitable if the Gandhian non-violent approach – strongly rejecting the classical arrogant top down development approach of the “experts” – is instead put into practice incorporating the following beliefs

l Identify, respect and apply existing traditional knowledge and skills and give practical skills more importance than theoretical knowledge.

l There are many more powerful ways of learning other than the written word.

l The demystified decentralised community-managed, community-controlled and community-owned approach put the traditional knowledge and village skills of the rural poor first.

l Taking the people into confidence from the very beginning of the process of planning and implementation, and not after the project is written and approved in places where experience of poverty is merely virtual (like in the World Bank or UN).

Do you think it is practical to suggest mandatory community service for every citizen?

No, it is not practical because anything forced is not going to work. One must not be made to feel community service is a punishment. It is a reflection on our formal system that anyone going back to the village after University or College is considered a “failure” and mandatory community service will not change this attitude.

Barefoot is reminiscent of Muhammad Yunus’ microcredit (Grameen Bank) model. Comment.

There are very few similarities. There are major differences in approaches, in methodologies, in how the Barefoot approach has been scaled up to only work in remote inaccessible villages around the world. While the Grameen Model can be applied in rural and urban situations, the Barefoot model can only work in poor rural communities across the world.

Back when you started Barefoot, Gandhism hadn’t even been re-modelled into Gandhigiri. Were you inspired by Gandhian values?

I never read Mahatma Gandhi in school nor did I read him when I started Tilonia (Rajasthan). I read him 30 years later and he made such eminent sense. I did not read Marx and so he was no influence on me. The motivation was to work with the really very poor people and see how best with very little money we could tangibly improve their lives. Free from hunger and want. Free from fear, discrimination, exploitation and injustice. The challenge was all.

With roots in the village community and a deep rooted respect for proper use of water, air, earth and the sun, the Barefoot educators have set an example of how not to waste or over exploit nature resources. They are a living testimony to Mahatma Gandhi’s famous saying, “The world has enough for every man’s need but not for one man’s greed.”

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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 22, 2010

From soar to sour

TSI Five-O: Weak narrative thread tied to a gorgeous looking canvas of locales and action

Pushed back release dates, pre-release hype and controversies, mega bucks marketing had all combined to raise anticipation and expectations to such high levels for “Kites” that I wouldn’t be surprised if the audience showed up with their own little checklist. Hrithik-Barbara chemistry? Check. Kickass action sequences? Check. Hrithik dancing like only he can? Yeah, baby! A crisp narrative that zips you through the two hour runtime smoothly? Uh oh. Great background score? Check. Songs to fit the mood? Erm...ouch!

Make no mistake, “Kites” is an impressive crossover attempt with its technicals very sound. From action to sound mixing to editing, it looks slick and exciting whether it is the nefarious hue of the neon lights of Vegas or the unforgiving pain of the New Mexico desert. But the story somehow contrives to become clumsy after a superb opening with J (Hrithik Roshan) falling in love with Gina (Kangana Ranaut), the daughter of casino mogul, Rob (Kabir Bedi, little screen time but suave as ever). Gina’s brother Tony (Nicholas Brown) is betrothed to Natasha (Barbara Mori) but J and Natasha fall for each other and decide to run away, leaving a vengeful Tony on their trail.

Hrithik and Barbara’s romance provides some lovely moments in the film and while Barbara is commendable, Hrithik shines bright with his earnest effortlessness. Less earnest is the rest of the cast and the script because both seem to run out of juice in the second half. Anurag Basu constructs a gritty and painful tale but at its heart it’s a simple Bollywood story with a Hollywood face lift. It’s worth a watch no doubt, but like a kite that has been cut from its thread and now lies torn among the branches of a tree, its utility is ephemeral.

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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 14, 2010

Child marriages are robbing young girls

“We cannot do anything about arranged child marriages, as we do not ever receive formal complaints from anyone. But we regularly receive complaints of minor girls eloping. In these instances, we register rape cases and deal with them in accordance with the law,” says Manjunath, Kanakapur Circle police inspector.

The Prohibition of Child Marriage Act, 2006 has obviously not been able to curb the prevalence of early wedlock in rural India. In Kanakapura and villages around this taluk, age-old social dynamics play a huge role in perpetuating the evil practice. Ironically, parents here are neither uneducated nor poor.

Anil Gummanhalli, physical training teacher in Uyyamballi high school, explains the phenomenon thus: “The Gowdas, who are farmers, constitute the majority in the region but Scheduled Castes also form a sizeable portion of the population. Interaction between the two communities in schools is very common. Therefore, many inter-caste marriages take place in the region. So parents fear that once their girls enter a pre-university college, they might fall in love and elope with lower caste boys. Hence the hurry to marry them off.”

According to official figures, Gowdas constitute 40 per cent while Scheduled Castes account for 20 per cent of the population of this region. Another upper caste, Lingayats, are about 10 per cent.

According to social welfare department records, 15 inter-caste marriages took place in Kankapura taluk during 2008-09. “This is the official figure. The numbers are much higher in reality. Usually when a girl elopes with a lower caste boy the marriage isn’t registered officially. Sometimes the parents go in for a quiet settlement and close the issue, before it becomes an embarrassment for the family,” explains an employee of the sub-registrar office, Kanakapur.

Naveen, a first year PU (commerce) student, who helped us find Kavya’s house, revealed that Asha, one of his classmates from the Gowda community, also got married while she was in 10th standard. To dig out more details, we visited SC-majority Chunchi. Two SC boys here have married upper caste girls. We could not meet them as they were away in Bangalore looking for work. But we had a chat with Basavaraju, a local resident, and asked him about inter-caste marriages. He is aware of the government scheme under which an inter-caste couple receives a payment of Rs 50,000. He asks: “How can we ever hope to woo and marry upper caste girls if their parents insist on marrying them off before they are 15 or 16?"

Mallegowda, a farmer in Eligahalli, told us rather nonchalantly that he had his two daughters married when they were studying in 8th and 9th standards respectively. “We received good proposals and decided to go ahead. Now both the girls are leading happy lives,” he claims.

As these girls have their education cut short by the whims of their parents, neither the law nor social activists have been able to do much to prevent the practice. The social menace is spreading very fast. The story of Kavya is an exception rather than the rule.

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Source :
IIPM Editorial, 2009


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

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Wednesday, June 9, 2010

Pakistan smoke out Taliban from FATA

The youthful, spotlessly attired soldiers of the Bajaur Scouts entrusted to guard one of the world’s most uncongenial terrains give vent to their frustration to anyone willing to lend them a ear. In the last one and a half years they have turned battle hardened as they have driven thousands of Taliban militants from their strongholds at Damadola near Khar, the administrative centre of Bajaur. The operation reached its culmination this month when forces removed the Taliban from profoundly fortified positions. But Colonel Nauman is not happy. In fact, he is furious that hundreds of Taliban slipped across the border into Kunar in Afghanistan, which has minimal or no presence of NATO forces. Those escaped are being provided safe haven there as the boys of Frontier Corps and Bajaur Scouts wait in anticipation. Commanders maintain that they had let Americans known that Taliban were fleeing into their territory but they were neither intercepted nor confronted.

“We have done everything the West asked us to do, but we feel badly let down,” says Nauman. In fact, Pakistan is so fatigued of being told it needs to “do more” that Nauman does not miss the chance to remind Americans of their message. “In their language, they need to ‘do more’,” he adds for good measure.

The story of Bajaur starts with the American attack on the province of Kunar in Afghanistan. The area between River Kunar and the Durand Line that varies in breadth from 12 km to 25 km and stretches to nearly 160 km saw heavy action. However, the tried and tested technique of insurgency operations, ‘Hammer & Anvil’, was not used. As the Americans went for the kill, the Pakistani counterparts were not taken into confidence. And hence with NATO blazing on their back, the Taliban entered into Bajaur. There are officially four passes from Kunar to Bajaur—Letai, Kaga, Fazal and Nawa, apart from hundreds of relatively uncharted ones. Nawa Pass was the one that was used by Alexander the Great to enter India. One of his commanders, Ptolemy, writes that the Hellenic army faced the fiercest resistance here. Village after village perished but none bowed. They perished but not before Alexander himself was pierced by a bolt that nearly killed him. These hardy tribes were tough then; they are tough now as well.

When the fleeing Taliban entered these regions the Pakhtunwali came into play. Pakhtunwali, or the traditional code of life for Pakhtuns consists of nine codes—melmastia (hospitality), nanawatai (asylum), badal (justice), tureh (bravery), sabat (loyalty), imandari (righteousness), isteqamat (faith in God), ghayrat (dignity) and namus (honour of women). The Taliban sought melmastia and it was granted.

There were several reasons why melmastia was granted. First and foremost, these Taliban were known to the locals from the Soviet invasion days. The west in those days wanted the Durand Line to become the Soviet’s graveyard. FATA thus became the natural springboard. What happened later has been narrated ad infinitum. The second reason was ethnic connection. Since the tribes across the borders were ethnically related, there was a natural sympathy. Also, these battered Taliban were seen as victims of American aggression. All these made a perfect concoction for melmastia.

“Initially, they kept a low profile. But gradually they started recruiting and taking over madrasas. They preached a concocted version of Islam and misled people, but we could not do anything as local sympathies were with them,” recalls Colonel Nauman. But things got out of control soon.

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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 7, 2010

The strange cases of benjamin buttons!

While Big Pharma [call them Benjamin Buttons] is running a race against time, lamenting over the death of their patent rights on many blockbusters, there is a certain tribe smiling about it – the Indian generic tribe. By steven philip warner

A year back, when John Lechleiter took charge as the CEO of the $21.8 billion-a-year earning US pharma giant Eli Lilly, he decided to send his top executives a gift. It was a digital clock, which counted backwards, second by second. It was programmed to stop precisely 48,384,000 seconds later. The deadline – October 23, 2011, the day when Eli Lilly’s top-selling (which raked-in $4.9 billion in 2009) schizophrenia pill Zyprexa would go off-patent, setting-off the alarm for generic drug companies to work double-time. This is just one tale amongst many heartaches that will hit big pharma over the coming few years, names like Pfizer (which will lose patent rights on its bestselling Lipitor in 2011), GSK (Advair, 2011), Merck (Cozaar, 2010), Novartis (Diovan, 2011) being a few other victims. The clock has started ticking backwards, and it is the generic challengers that are eyeing it to make most of the misery of the once-proud pharma patent holders.

Draw out a list, and the lot most hated by big pharma would be the Indians. But the hated lot doesn't mind it. The potential that lies in wait to be tapped by the Indian players can be imagined by the fact that despite being #3 in terms of volumes in the world, the Indian pharma market is still #14 in terms of value ($21.04 billion). A market which was written-off about half-a-decade back, when the world was heading forward at a great rate of knots to catch the patent blockbusters bus, is now chugging ahead faster than imagined before. While the domestic market alone is expected to grow at a CAGR of 12-15%, as opposed to a global average of 4-7% during 2008-2013, the Indian pharmacos are finding the proposition of lapping up the opportunities granted by the patent expiries simply irresistible. Over the next two years, more than 26 bestsellers, with an annual value of $70 billion are going off-patent, representing 240% of the current Indian pharma space. This justifies why despite struggling to win approvals for generic versions from USFDA, Indian drugmakers are filing for generic licences at a brisk pace. They have filed for approvals to market 11 of 15 drugs that go off-patent by 2010, 14 of the 16 that go off-patent in 2011 & 22 of the 26 that expire by 2012.
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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 4, 2010

Singur-Nandigram days

To achieve her goal, Mamata adopted another strategy, to sideline those who have been associated with her since the Singur-Nandigram days and remove them from the election process. She has simply ignored those who shared her dias during the Singur agitation or fought in Nandigram. But, it was simply impossible for her to ignore the Congress, although the Congress was not with her through the aforementioned struggles.

It is fact that Mamata’s struggle has been always aimed at the Congress. She has always tried to weaken the Congress ever since her departure from the grand old party. As the Congress became weak, she tried to negate its demands.

The Trinamool and the Congress had no tie up for the last municipal polls in 2005. The Left Front grabbed 54 municipalities, including Kolkata and Salt Lake, securing 61 per cent of the votes. The Congress got 22 per cent and bagged 13 municipalities, while TMC got 18 per cent and got 14 municipalities under its control. And in the 2009 Lok Sabha polls, the same Left front got only 43 per cent votes while the combined opposition of TMC-INC-SUCI secured 53.6 per cent of the votes. The storm had broken into a tornado for the Left Front. Mamata strongly believes that the tornado has not weakened and the civic polls will prove that.

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Source :
IIPM Editorial, 2009


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

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