Subscribe via email
Posted by
Categories:
Labels:
ipl
0
comments
Where I work, if my boss thinks I am a failure, I probably am better off looking for a new job. Especially given the current circumstances. But that rule apparently doesn't apply as you go further up the corporate ladder. And it cant been truer for the person at the very top. Need proof?
Well, this piece at rediff says it all.
Vikram Pandit, the very famous CEO of Citibank, has found his place among the 20 worst CEOs of the world as judged by "a panel of professors from business schools like MIT Solan School of Management, Tuck School of Business, Wharton School, University of Chicago Booth School of Business, Yale School of Management and Kellogg School of Management"
Pretty bad you'd think. But the article also mentions that "Pandit's current salary was $1 dollar, but his pay package was valued at $38.2 million for 2008, a year when taxpayers kept the firm in business."
That's some salary! So the question is, would you mind being adjudged the worst, if your pay package had 8 digits in it?
I certainly wouldn't
Posted by
Categories:
Labels:
citibank,
vikram pandit
0
comments
Tuesday, April 21, 2009
Given the current circumstances, the solution to the Kashmir issue has to be a joint one. No single party can hope to 'resolve' this problem unilaterally. Here's how the problem can be solved:
- Combine POK and Indian administered Kashmir in to one entity
- Give it some sort of legal status that makes it neither independant, nor a part of India nor a part of Pakistan.
- Conduct elections to form a broad-based government
- Have a third-party monitor, like the UN, oversee the process. Keep America out.
- Have assurances from both sides that they will not resort to violence on civilians/armed forces/police
- Have a mixed force of Indian and Pakistani soldiers ensure security
- Set up a mechanism where violators will face stern action
Posted by
Categories:
Labels:
india,
kashmir,
pakistan,
war
0
comments
Monday, April 13, 2009
Saturday was an eventful day indeed. We were heading over to our cousins place for a game of monopoly. We're really avid fans and we have an orkut community, with a full 12 members! Anyhow that's besides the point.
Posted by
Categories:
Labels:
Hyderabad,
ufo
3
comments
Saturday, April 11, 2009
Today being a Saturday, I thought of installing a security system on my car. So I went to Ramkote, which is the hub for car accessories in Hyderabad. After touching a couple of stores, with more or less similar offerings, we (my bro tagged along) settled on one shop and made the purchase. The store owner, Ghouse, said it'd take 30 minutes. So we left the car at the shop and went to have lunch at the fabulous Bahar restaurant a couple of minutes away.
After returning from lunch, we went back to the shop and they had it all ready. We tested the system out and it worked fine. I needed to replace the carhorn, so I got them to work on that. In that time, Ghouse and I started chatting and he was telling me about his business. Being wholesalers and all, they supplied to a few shops in and around Hyderabad. Then he mentioned that business wasn't so good these days.
'Why?' I asked. And I was surprised to hear that it was because of the bank failure in the international market. Needless to say, I was interested. 'How?'
Well, since the financial downturn (he didn't exactly use this term) banks in India are reluctant to offer car loans to salaried people working for private firms or in the IT sector. As a consequence, car sales are down, which in turn means car accessories don't sell either. I was surprised and it struck me how truly inter-connected we are. A financial catastrophe in the United States, is affecting the business of some small accessory shop owner in Ramkote, Hyderabad.
Where do you think all of this will end?
Posted by
Categories:
Labels:
economic,
recession
0
comments