Desi Fun(da)
This Reliance battle of the Brothers went on for quite a bit. It turns out that turnoil was in the family even when the legendary Ambhani was around. But well all said and done the BSE took a beating when it began and then went on a roller coaster ride when Mrs K.D. Ambhani declared it all over.
My 2anna/2cents:
Guys anything over a crore is equal. Whether you are sitting on 250 crore or 2500 crore you just arent going to be around to spend it all. You had a wonderful opportunity to lead one of the biggest industrial houses in the nation towards becoming a powerhouse in the world but well you guys messed it all up. Now with the money making businesses with Mukesh and the semi-startups with Anil there is no scope of investing in the latter from the former. What does that mean? Well the semi-startups are definitely the future (energy, communication and finance) and they need a huge influx of capital to make them really competitive. It is going to be tough to do that now and when achieved it may be a tizzy bit too late. That said I feel Anil has the better deal but with recent slurry of announcements I am bit sceptical about his possibilities of success. Go a bit slow buddy unless elder bro has pumped in heavy doses of the green in your Swiss account now.
All that said and done considering that both brothers have two sons are we about to see dramas unfold in the future generations as well? Well as they say you reap what you sow. "Jaisi Karni Waisi Bhari". Not a good lesson for your kids dudes.
PS. I know Chidambaram says that puns are the lowest form of humor. ( He said it when he was made ET editor for a day). I am trying to get off the tarmac Mr PC please oblige till then.
Wednesday, June 29, 2005
Monday, June 20, 2005
Raining Airplanes
Desi Fun(da)
I've been fascinated with airplanes ever since I was a kid. My first calling was to be an IAF pilot but well as they say "shit happens" and as I add "only to me". We travelled a lot by Indian Airlines from Bombay to Mangalore and enjoyed it. Now it looks like the situation faced by the TATA's in the early 70's has reincarnated itself in 2005. With the liberalization of the skies we are seeing a ton of new entrants each with the tag of 'low-cost carrier' on them. Recently at the widely popular Paris Air Show 50% of orders received in the civil aviation segment were from Indian companies. Nearly 250 planes, now aint that dandy.
But just some food for thought for these airlines:
1. Each airplane needs 5 pilots to stay functional
2. Airplanes need handling facilities and hangars, both of which are a bit scarce in homeland
3. Aviation fuel prices have recently been northbound
4. Average price of a A320 is a cool $50million
5. Kingfisher airlines has orderes 3 A380s. No airport in India can handle this aircraft yet (or in the forseeable future)
Now some food for thought for probable investors:
1. Air travel in India is about 2-5 million passengers/year
2. Train travel in India is about 15 million passengers/day (not a typo)
3. If the airlines can get prices to the levels of 2nd and 1st AC train travel there is no reason why air travel cant pick up.
Hey I am all for the aviation sector and having planes flying the Indian skies like bees if need be. But is the CAG and AAI and other bodies doing their bit to bring in this revolution or are a bunch of folks who are already rich going to get richer and me stuck paying more taxes ... again ? Is this going to be the second coming or second crumbling for civil aviation in India, only time will tell. Till then I am spending my weekends out of this crammed Bangaluru
Btw who the hell are these dudes investing these truckloads of money on buying airplanes asif they are buying some toys for their 2 year olds ? I've never heard most of these multimillionnaires before. Are Chidambaram and his IT department boys doing their job on these people. Because I just keep paying my taxes every month without any relief in sight Mr. PC.
I've been fascinated with airplanes ever since I was a kid. My first calling was to be an IAF pilot but well as they say "shit happens" and as I add "only to me". We travelled a lot by Indian Airlines from Bombay to Mangalore and enjoyed it. Now it looks like the situation faced by the TATA's in the early 70's has reincarnated itself in 2005. With the liberalization of the skies we are seeing a ton of new entrants each with the tag of 'low-cost carrier' on them. Recently at the widely popular Paris Air Show 50% of orders received in the civil aviation segment were from Indian companies. Nearly 250 planes, now aint that dandy.
But just some food for thought for these airlines:
1. Each airplane needs 5 pilots to stay functional
2. Airplanes need handling facilities and hangars, both of which are a bit scarce in homeland
3. Aviation fuel prices have recently been northbound
4. Average price of a A320 is a cool $50million
5. Kingfisher airlines has orderes 3 A380s. No airport in India can handle this aircraft yet (or in the forseeable future)
Now some food for thought for probable investors:
1. Air travel in India is about 2-5 million passengers/year
2. Train travel in India is about 15 million passengers/day (not a typo)
3. If the airlines can get prices to the levels of 2nd and 1st AC train travel there is no reason why air travel cant pick up.
Hey I am all for the aviation sector and having planes flying the Indian skies like bees if need be. But is the CAG and AAI and other bodies doing their bit to bring in this revolution or are a bunch of folks who are already rich going to get richer and me stuck paying more taxes ... again ? Is this going to be the second coming or second crumbling for civil aviation in India, only time will tell. Till then I am spending my weekends out of this crammed Bangaluru
Btw who the hell are these dudes investing these truckloads of money on buying airplanes asif they are buying some toys for their 2 year olds ? I've never heard most of these multimillionnaires before. Are Chidambaram and his IT department boys doing their job on these people. Because I just keep paying my taxes every month without any relief in sight Mr. PC.
Sunday, June 12, 2005
Rapes in India
These past few months have seen an awful streak of rapes within our country. First the rape of married woman by city taxi drivers in Bangalore. Right in front of her two young kids of 6 and 10. Next a college girl in Delhi who gets out after midnight cramming to get some snacks is picked up and raped all through the night and then thrown out on the streets the next morning. Next a college girl in Mumbai by a police constable during the day. To recollect that the location of this incident was one of the most visited areas by us during college. Next a german tourist visiting Rajasthan. Next the rape of a tribal minor, not even a teen, and then killed.
This string of incident just makes me feel so angry and ashamed. Why? Because it just showed what big hypocrits we Indians truely are. We claim to be a country with culture and tradition and when incidents such as these occur there is not even a single protest of public outcry from any part. No political parties taking up this issue, no corporates talking about increasing the safety their woman employees working into the late hours of the night. Not even the womens organizations coming out to the streets. Is this what our culture and tradition means. The woman in the Indian household and society is placed on a pedestal of respect and honor and when such disgraceful acts are committed our society should rise up and act out the severest possible punishment on the culprits.
Of all the case mentioned only the courts in Rajasthan have acted and met out a sentence of life improsnment to the culprits and their accomplices. And how did that happen you ask? because the nearby villagers came out to the rescue of that woman and handed those henous devils to the police. Guess some of us so called educated folk need to take a lesson or two in morality from those villagers.
Just take a moment to think what the lives of those two young kids is going to be like after they saw their mother being raped in front of them. If that doesn't make your blood boil then may god have mercy on you.
This string of incident just makes me feel so angry and ashamed. Why? Because it just showed what big hypocrits we Indians truely are. We claim to be a country with culture and tradition and when incidents such as these occur there is not even a single protest of public outcry from any part. No political parties taking up this issue, no corporates talking about increasing the safety their woman employees working into the late hours of the night. Not even the womens organizations coming out to the streets. Is this what our culture and tradition means. The woman in the Indian household and society is placed on a pedestal of respect and honor and when such disgraceful acts are committed our society should rise up and act out the severest possible punishment on the culprits.
Of all the case mentioned only the courts in Rajasthan have acted and met out a sentence of life improsnment to the culprits and their accomplices. And how did that happen you ask? because the nearby villagers came out to the rescue of that woman and handed those henous devils to the police. Guess some of us so called educated folk need to take a lesson or two in morality from those villagers.
Just take a moment to think what the lives of those two young kids is going to be like after they saw their mother being raped in front of them. If that doesn't make your blood boil then may god have mercy on you.
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