'Now, wouldn't I like to be the president of India?' was the first thought that came to my mind when I heard our president had completed her first sub-sonic sortie. Atleast, then, I would get to fly in a Sukhoi and tick one of the hundred things to do before I die. Not even those who spend a lifetime in the Air Force get a chance like this.
But, what was the president doing in a Sukhoi in the first place? Is this the 21st century version of the traditional guard of honour inspection? May be it is one of the perks of being a president in a non-federal democracy. I am sure the prez plays a key role of upholding the constitutional processes, but, unless there is an emergency, the president does not need to pull any rabbits out of their hat. So, what do you do after you have settled down in your job? Scale new heights...literally?
But really, what was the motive behind riding a Sukhoi? It could not be a political statement (except help raise Left's eyebrows), no sir. Once in office, our president hardly need make any political manoeuvers unless instigated by a drastic turn of events- man made or otherwise. Officially, there is no obligation to prove geriatric fitness for aeronautical worklife. Maybe there is such a thing as first ladies' and gents' club out there that I am not aware of that is trying to set precedents for presidents.
At the end of the sortie, the president clarified that while she is (now, all the more) confident that women can do it (a Sukhoi-esque task), she would rather the government sorted out the moral and social feasibility of letting women into active fighter-jet airtime combat duty. From what I gathered from an ex-army lady, most countries, India included, are not there yet. So, it could not be about encouraging women into the armed forces, could it? If it is, then it is pretty expensive advertisement.
What could the common man be thinking? While we are blown away by our president's gutsiness, are masses thinking whether they will get blown away to bits in an act of alien cowardice. While lucky officials relish unusually fantastic funflights, do masses wonder where the next meal will come from, will their hut survive the next floods or their fields the next drought? Does the middle class wonder whether Earth is turning lunar the way potholes on roads expand and vehicles jump over metro construction debris as if locomoting in 1/6th gravity? What are all those cabinet ministers, MPs and MLAs thinking about the austerity measures government was insisting upon, oh so loudly, just weeks ago? May be they think they should tweet more often?
At an individual level, there is awe, respect and some green eye here. But seriously, what was the president doing in a Sukhoi? The president, having conquered the G-forces now wishes to break the sound barrier. I hope the voice of concern of the masses reaches the president's ears at the speed of sound.
"Confusious (sic) say: President that break sound barrier, going too fast for its people"
2009-08-21
Spook of numbers and names
Let me first confess that I am posting this stranded at a domestic airport in a city which is usually in the news for being lashed by rains. This time, however, force majeure in The Capital has impelled me to look for something to do for two hours in an airport that has very little to offer by way of anything to do. There is a massage parlour;'Massage, My foot!', I think.
If there were a South East Asian kitchen here, I would have relished each bite knowing very well that the voice that beckons me to the airplane (and always makes the mistake of putting kindness in the wrong place saying "all passengers are kindly requested to proceed toward the aircraft") will not wake up for sometime. But alas, there is only junk food all around. The vending machine has only magazines from God's Own Country (and I am nowhere near there). Thank heavens for little mercies such as wireless broadband.
Anyway, talking about coincidences...
A few months back, I joined a company the name of which shares most of its characters with the name of my previous employer(Note: Each has its own place and brand in the industry and it is a part of my job to make sure my current one shines brighter). The initials of names of the companies are the same. The last building I worked in the last job carries the same name as one of two office building I shuttle between nowadays. Remember, I am talking about two different cities here, my stay separated by a year and a half.
Last year, a new generation of car got introduced and it caught my fancy. Even though I knew very well that I would be graduating in a downswing year, I developed a progressively stronger desire to possess one. My wise wife brought me back to reality. But by then I had already mail-ordered the car brochure to our address in the campus. You can say that the intent to buy the car was established. It was about this time last year. Anyway, in the milieu of hectic job search, all was forgotten. One year hence... I have rented (rented) a home and bought (hypothecated) a new car. Both will 'arrive' next week. Why am I ranting about all this?
Coincidences continue- both the car and the complex that I have rented share a part of the name. But that's not what excites me the most. A couple of days back, my wife just pointed out to me that the 'door number' of the house we are moving into is the same as that we had last rented.(The same one to where I ordered the car brochure).
So, if you get the flow some names and numbers have been chasing me for a year and a half. Somehow they have gotten linked across months and places. It is like being in a continuum of numbers and names across time and space. Some of this has bothering me. For someone who believes in astronomical alignments, this will be a minuscule case study. For someone likes numbers, this is a good example of statistical congregation of sorts. For someone who believes that inner and probably sublime processes of the mind driving man's actions (a la Freud, who said there are no accidental actions?) I am really getting it going, isn't it?
But, darn.. maybe it is just that the airport is getting to me and that I am a little desperate, not having posted in a long time.
Ah, there it is.. the voice "All passengers are kindly requested to proceed toward the aircraft". The kindness of this public address is indeed painful.
If there were a South East Asian kitchen here, I would have relished each bite knowing very well that the voice that beckons me to the airplane (and always makes the mistake of putting kindness in the wrong place saying "all passengers are kindly requested to proceed toward the aircraft") will not wake up for sometime. But alas, there is only junk food all around. The vending machine has only magazines from God's Own Country (and I am nowhere near there). Thank heavens for little mercies such as wireless broadband.
Anyway, talking about coincidences...
A few months back, I joined a company the name of which shares most of its characters with the name of my previous employer(Note: Each has its own place and brand in the industry and it is a part of my job to make sure my current one shines brighter). The initials of names of the companies are the same. The last building I worked in the last job carries the same name as one of two office building I shuttle between nowadays. Remember, I am talking about two different cities here, my stay separated by a year and a half.
Last year, a new generation of car got introduced and it caught my fancy. Even though I knew very well that I would be graduating in a downswing year, I developed a progressively stronger desire to possess one. My wise wife brought me back to reality. But by then I had already mail-ordered the car brochure to our address in the campus. You can say that the intent to buy the car was established. It was about this time last year. Anyway, in the milieu of hectic job search, all was forgotten. One year hence... I have rented (rented) a home and bought (hypothecated) a new car. Both will 'arrive' next week. Why am I ranting about all this?
Coincidences continue- both the car and the complex that I have rented share a part of the name. But that's not what excites me the most. A couple of days back, my wife just pointed out to me that the 'door number' of the house we are moving into is the same as that we had last rented.(The same one to where I ordered the car brochure).
So, if you get the flow some names and numbers have been chasing me for a year and a half. Somehow they have gotten linked across months and places. It is like being in a continuum of numbers and names across time and space. Some of this has bothering me. For someone who believes in astronomical alignments, this will be a minuscule case study. For someone likes numbers, this is a good example of statistical congregation of sorts. For someone who believes that inner and probably sublime processes of the mind driving man's actions (a la Freud, who said there are no accidental actions?) I am really getting it going, isn't it?
But, darn.. maybe it is just that the airport is getting to me and that I am a little desperate, not having posted in a long time.
Ah, there it is.. the voice "All passengers are kindly requested to proceed toward the aircraft". The kindness of this public address is indeed painful.
2009-06-21
Up and down in Mumbai
Mumbai, the big city of India, teaches you something new every day. The last six weeks have been full of hopes rising up and hopes falling down, traveling up and down, moving up and down and looking up and down.
For the most part of last three weeks, the small talk has revolved around the delayed onset of monsoons. Wiping beads of sweat off their foreheads, people glance up at the sky and shake their heads down in disbelief that rains have beaten them in to the sultry mid-summer. Kids though too happy to go back to school, also probably wonder when it will be called off for a day or two when the waters enshroud the roads and bring productivity of the city down.
My second day in Mumbai was spent learning firsthand the vicissitudes of life on a ‘local’. My local batch mates from IIMA-PGPX had planned a meeting, it so happened, on the day after I landed here. Living with a few relatives until I moved into the company guest house, I was left to figure out how I could negotiate the forty kilometer distance from uptown Borivali to downtown Colaba. The first evening I watched trains at Borivali station cough out people in a hurry and suck in people in a hurry. Two and a half decades back, as a kid, watching trains was apparently an obsession with me. After work, my parents would take me to the nearest level crossing where we would watch trains until they got bored or I stopped jumping with joy, or both. Watching what was going on in the Mumbai local station did not bring up any of those fond memories. Anyway, I had a task to do the next day and my wife’s cousin and uncle had one of their own that day. They had to ensure that their esteemed (tch! tch!) relative was well taken care of and trained enough to travel safely up and down the busy chest of the big city. The next day, while I had no problem getting to Churchgate, on the way back, I learned not to underestimate statements made with respect to the local. I had been warned 'let the Virar local go, you have to take the Borivali local'. But, I thought that warning was too much to be taken seriously at midnight. The Virar passengers take it to their heart that someone would take a Virar local to Borivali when the latter has a train all to itself, last stop Borivali. And they showed this to me the hard way. The carriage full of people standing on each other’s feet, would only allow people in and refused to let me out. (Stepping out and into locals is not how it works in India's city that never sleeps) Jumping out of a train slowing gathering speed, I learned it is never too late (read as never too restful) on a Mumbai local, time of the night notwithstanding.
Lifts, the ones that take you up and down, of all kinds is another thing that one needs to get used to in the Big Apple of India. Tall buildings are not built to impress; they are built to sustain. Sustain the ever growing population of the city that shelters (or not) the fourteen million aspirants and the arrived. But unlike many other cities, Mumbai had learnt many decades ago that it needed high rises. Hence, the variety of lifts in the variety of buildings. The modern one in our office is not always as predictable as the old collapsible-grill kind in the guest house building. The former, though computerized (ahem!) has a mind of its own. Back at the guest house, one has to remember that the lift is not automatic. And this learning did not come to me automatically. One evening, a bunch of kids rushed in shouting ‘wait, lift, uncle, wait’ (or was it ‘wait, lift-uncle, wait’?). I smiled and opened the door. The little people took over the charge of lift operations. They pressed some number and I said ‘Six please’. The little girl did not respond. So, I looked down at her and said ‘Six please’. A little irritated, she looked up at me and said ‘Uncle, this is not automatic. You press Six after we go out’.
Like I said, Mumbai (small or big) teaches you something every day.
For the most part of last three weeks, the small talk has revolved around the delayed onset of monsoons. Wiping beads of sweat off their foreheads, people glance up at the sky and shake their heads down in disbelief that rains have beaten them in to the sultry mid-summer. Kids though too happy to go back to school, also probably wonder when it will be called off for a day or two when the waters enshroud the roads and bring productivity of the city down.
My second day in Mumbai was spent learning firsthand the vicissitudes of life on a ‘local’. My local batch mates from IIMA-PGPX had planned a meeting, it so happened, on the day after I landed here. Living with a few relatives until I moved into the company guest house, I was left to figure out how I could negotiate the forty kilometer distance from uptown Borivali to downtown Colaba. The first evening I watched trains at Borivali station cough out people in a hurry and suck in people in a hurry. Two and a half decades back, as a kid, watching trains was apparently an obsession with me. After work, my parents would take me to the nearest level crossing where we would watch trains until they got bored or I stopped jumping with joy, or both. Watching what was going on in the Mumbai local station did not bring up any of those fond memories. Anyway, I had a task to do the next day and my wife’s cousin and uncle had one of their own that day. They had to ensure that their esteemed (tch! tch!) relative was well taken care of and trained enough to travel safely up and down the busy chest of the big city. The next day, while I had no problem getting to Churchgate, on the way back, I learned not to underestimate statements made with respect to the local. I had been warned 'let the Virar local go, you have to take the Borivali local'. But, I thought that warning was too much to be taken seriously at midnight. The Virar passengers take it to their heart that someone would take a Virar local to Borivali when the latter has a train all to itself, last stop Borivali. And they showed this to me the hard way. The carriage full of people standing on each other’s feet, would only allow people in and refused to let me out. (Stepping out and into locals is not how it works in India's city that never sleeps) Jumping out of a train slowing gathering speed, I learned it is never too late (read as never too restful) on a Mumbai local, time of the night notwithstanding.
Lifts, the ones that take you up and down, of all kinds is another thing that one needs to get used to in the Big Apple of India. Tall buildings are not built to impress; they are built to sustain. Sustain the ever growing population of the city that shelters (or not) the fourteen million aspirants and the arrived. But unlike many other cities, Mumbai had learnt many decades ago that it needed high rises. Hence, the variety of lifts in the variety of buildings. The modern one in our office is not always as predictable as the old collapsible-grill kind in the guest house building. The former, though computerized (ahem!) has a mind of its own. Back at the guest house, one has to remember that the lift is not automatic. And this learning did not come to me automatically. One evening, a bunch of kids rushed in shouting ‘wait, lift, uncle, wait’ (or was it ‘wait, lift-uncle, wait’?). I smiled and opened the door. The little people took over the charge of lift operations. They pressed some number and I said ‘Six please’. The little girl did not respond. So, I looked down at her and said ‘Six please’. A little irritated, she looked up at me and said ‘Uncle, this is not automatic. You press Six after we go out’.
Like I said, Mumbai (small or big) teaches you something every day.
2009-01-07
"The truth comes out when growth stops"
It was quite remarkable (yet sad) that just at the start of the fourth class of our course on Corporate Governance -where we were to discuss the article "Directors' new clothes"- the story 'Raju admits fraud' broke. Even before the course started, we were assured by the professor that the Maytas-Satyam fiasco would be a case study in action. Little did we imagine that bigger waves were travelling in our direction. As our professor tagged it, this is nothing short of a "Corporate Tsunami".
Read Raju's 'confession' here
While a rather sad one given the magnitude of the situation- impacting about 50000 employees and hundreds of thousands of retail shareholders, reputation of the offshoring industry at large etc- this is as real time as a case study discussion can get. While learning the processes of the board of directors, it is difficult to believe Raju's claim that no one in the board had a hold on the financial statements. What was the audit committee doing?
The revelations include an overstatement of cash on balance sheets of more than a billion and a half dollars. It should to be noted is that it was cash that was overstated. It is befuddling that they could manage to do that for several years.
Quoting our professor- 'Truth has to come out when growth stops' one must recognise the weight of this statement. Driven by short term growth targets, there is a small (or large?) component of 'catching up with your claims'. In the sense that you provide guidance based on projected growth. You show accrued income based on trust that remittances will follow. But at some points if your financials had reached a level of fiction that is unrecoverable, you have to start losing the chasing game and, then, when the flow of cash depletes as would happen in a slowdown, the litmus changes colors.
While facts ought to follow soon, there is very little left to imagine whether the company could have done this without the support of the auditors.Two-thirds of the assets (cash) never existed? How can you drag that on for years? What were the auditors (a big one too) thinking while passing the quarterly reports? What about bankers who would no doubt be carrying Satyam's annual reports under their pillows?
The showdown has just begun when it comes to India Inc taking a beating on credibility and corporate reputation. While it is true that this could have happened to any company in India, it has happened to one in the IT industry. Barring few notable exceptions in conglomerates in traditional business, largely IT companies were supposed to be largely clean and transparent. This perception comes from the fact that IT companies dealing with US companies or listed in the US need to adhere to SEC requirements and regulatory standards. Additionally, the company had won Golden Peacock in the recent past. Obviously, this again proves that awards do not build public trust and corporate reputation but a past track record of responsible action does.
Is there a systemic issue in how audits are conducted? As SG, one of our classmates, asked of the professor- Given US has failed to put an airtight seal on financial failures, does India have the wherewithal to implement checks and balances in place to avoid such incidents in the future?
What about the risk to Indian outsourcing industry? Given that this question is raised, what will the Government of India do, as in really do about the irregularities in the system?
PS: This is also a test for the logic of 'Wisdom of the crowds'. Some companies (including midcap) whose numbers growth, in the past, have run into public suspicion radar are already being dumped by investors. In the last few hours, each of these companies' stocks have lost about 25%. So, is the market always right? Are there more skeletons in the cupboard waiting to roll out?
Read Raju's 'confession' here
While a rather sad one given the magnitude of the situation- impacting about 50000 employees and hundreds of thousands of retail shareholders, reputation of the offshoring industry at large etc- this is as real time as a case study discussion can get. While learning the processes of the board of directors, it is difficult to believe Raju's claim that no one in the board had a hold on the financial statements. What was the audit committee doing?
The revelations include an overstatement of cash on balance sheets of more than a billion and a half dollars. It should to be noted is that it was cash that was overstated. It is befuddling that they could manage to do that for several years.
Quoting our professor- 'Truth has to come out when growth stops' one must recognise the weight of this statement. Driven by short term growth targets, there is a small (or large?) component of 'catching up with your claims'. In the sense that you provide guidance based on projected growth. You show accrued income based on trust that remittances will follow. But at some points if your financials had reached a level of fiction that is unrecoverable, you have to start losing the chasing game and, then, when the flow of cash depletes as would happen in a slowdown, the litmus changes colors.
While facts ought to follow soon, there is very little left to imagine whether the company could have done this without the support of the auditors.Two-thirds of the assets (cash) never existed? How can you drag that on for years? What were the auditors (a big one too) thinking while passing the quarterly reports? What about bankers who would no doubt be carrying Satyam's annual reports under their pillows?
The showdown has just begun when it comes to India Inc taking a beating on credibility and corporate reputation. While it is true that this could have happened to any company in India, it has happened to one in the IT industry. Barring few notable exceptions in conglomerates in traditional business, largely IT companies were supposed to be largely clean and transparent. This perception comes from the fact that IT companies dealing with US companies or listed in the US need to adhere to SEC requirements and regulatory standards. Additionally, the company had won Golden Peacock in the recent past. Obviously, this again proves that awards do not build public trust and corporate reputation but a past track record of responsible action does.
Is there a systemic issue in how audits are conducted? As SG, one of our classmates, asked of the professor- Given US has failed to put an airtight seal on financial failures, does India have the wherewithal to implement checks and balances in place to avoid such incidents in the future?
What about the risk to Indian outsourcing industry? Given that this question is raised, what will the Government of India do, as in really do about the irregularities in the system?
PS: This is also a test for the logic of 'Wisdom of the crowds'. Some companies (including midcap) whose numbers growth, in the past, have run into public suspicion radar are already being dumped by investors. In the last few hours, each of these companies' stocks have lost about 25%. So, is the market always right? Are there more skeletons in the cupboard waiting to roll out?
2009-01-04
Man from Earth
I want to believe John. I am drawn to the the late writer Jerome Bixby's idea of truth. The movie itself, thanks to director Richard Schenkman, has a Knight Shyamlansque twist that has to be seen to be relished.
The movie starts with a coterie of colleagues pouring into the house of a professor who has unexpectedly decided to retire young. They try to understand where he is going, what he plans to do but cannot go far with it. Instead, based on what the professor first poses as a hypothetical questions- Would you believe if you met someone who has lived 14000 years?- the farewell party turns into a series of discussions that pick your brain. The professor tells them that he is a Cro-magnon cave man and had stopped aging when he reached 35 years of age. Since then, he has been trying to move around, learn and live with the fact. To cover his tracks and appear natural to those around him, he moves on every ten years.
While highly, and naturally so, sceptical about what the professor is saying- first that he is a cave man and then that he has had the opportunity to spend time with historical luminaries with omnipresent fame, the illustrious academicians play along and ask questions. They do this a half out of academic curiosity and a half out of trying to catch John's give away. That they do not succeed in the latter is predictable.
But, along the way in about 90 minutes of the movie very interesting possibilities open up and the fundamental questions get asked. While the movie set itself does not ,mostly, take you beyond the confines of the professor's living room, a part of your mind is racing at the intensity of what is being said. Issues around history, biology, psychology, arts, ethics, morality and faith get raised. A faith shattering revelation has the group divided over the rightness (not validity) of John's 'hypothetical' actions and a theological literist in tears. As he rolls on with his childhood memories, growth and eons of learning thereafter, your imagination runs amuck with scenes of how John's past could have been . The icing on the cake is a poetic end of the movie that works on the psychologist colleague who had lost his wife the previous night.
Like I said, I wanted to believe the story. I was trying to think if I have met someone that could fit into the profile of John Oldman. I think the script has that quality of playing on your innermost desire to know the truth and therefore to wish that John's is a real story. After all it could provide you with a part explanation of the world around you and before you.
Come to think of it, we never really notice much around us. Much less someone who only is trying to remain inconspicuous by purpose. Is John Oldman the quintessential cellophane man; who is our patch to the past yet trying to remain invisible. Moving on as the patch becomes a fix. It is easy to not know a cellphane man.
Is John Oldman representative of the generational cultures? Cultures, traditions and rituals have changed over the ages and they are doing so increasingly fast every few years, nowadays.
How many times has John told his story? Does it always end the same way? Does any one ever believe him? I want to but probably I wouldn't too; it is far too much unsettling to the rational basis of the systematic, yet incomplete, picture of the universe I have in me. But how much of anything do we really ever know?
Does John exist as a periodic reality check to see if faith, in the larger sense of the term, is sustaining? What would happen if he is able to convince everyone that he is indeed who is claims to be? Would the 'rational' among us cut him up to validate his claims? Would the 'faithful' among us test him by fire to see if he is pure and holy? After all in the largely faithless and cynical world of today, would even god not need to pass the test of fire, if he were to appear before us?
I filter movies from IMDB (www.imdb.com) and unless a movie has been recommended highly by someone, I wouldn't watch it if the score is less than 7.0. I noticed that as of this posting, the movie has an 8.2 from about 20000 people. Now, I know why.
Scores apart, this movie will stay with me for quite sometime.
Happy new year 2009!
The movie starts with a coterie of colleagues pouring into the house of a professor who has unexpectedly decided to retire young. They try to understand where he is going, what he plans to do but cannot go far with it. Instead, based on what the professor first poses as a hypothetical questions- Would you believe if you met someone who has lived 14000 years?- the farewell party turns into a series of discussions that pick your brain. The professor tells them that he is a Cro-magnon cave man and had stopped aging when he reached 35 years of age. Since then, he has been trying to move around, learn and live with the fact. To cover his tracks and appear natural to those around him, he moves on every ten years.
While highly, and naturally so, sceptical about what the professor is saying- first that he is a cave man and then that he has had the opportunity to spend time with historical luminaries with omnipresent fame, the illustrious academicians play along and ask questions. They do this a half out of academic curiosity and a half out of trying to catch John's give away. That they do not succeed in the latter is predictable.
But, along the way in about 90 minutes of the movie very interesting possibilities open up and the fundamental questions get asked. While the movie set itself does not ,mostly, take you beyond the confines of the professor's living room, a part of your mind is racing at the intensity of what is being said. Issues around history, biology, psychology, arts, ethics, morality and faith get raised. A faith shattering revelation has the group divided over the rightness (not validity) of John's 'hypothetical' actions and a theological literist in tears. As he rolls on with his childhood memories, growth and eons of learning thereafter, your imagination runs amuck with scenes of how John's past could have been . The icing on the cake is a poetic end of the movie that works on the psychologist colleague who had lost his wife the previous night.
Like I said, I wanted to believe the story. I was trying to think if I have met someone that could fit into the profile of John Oldman. I think the script has that quality of playing on your innermost desire to know the truth and therefore to wish that John's is a real story. After all it could provide you with a part explanation of the world around you and before you.
Come to think of it, we never really notice much around us. Much less someone who only is trying to remain inconspicuous by purpose. Is John Oldman the quintessential cellophane man; who is our patch to the past yet trying to remain invisible. Moving on as the patch becomes a fix. It is easy to not know a cellphane man.
Is John Oldman representative of the generational cultures? Cultures, traditions and rituals have changed over the ages and they are doing so increasingly fast every few years, nowadays.
How many times has John told his story? Does it always end the same way? Does any one ever believe him? I want to but probably I wouldn't too; it is far too much unsettling to the rational basis of the systematic, yet incomplete, picture of the universe I have in me. But how much of anything do we really ever know?
Does John exist as a periodic reality check to see if faith, in the larger sense of the term, is sustaining? What would happen if he is able to convince everyone that he is indeed who is claims to be? Would the 'rational' among us cut him up to validate his claims? Would the 'faithful' among us test him by fire to see if he is pure and holy? After all in the largely faithless and cynical world of today, would even god not need to pass the test of fire, if he were to appear before us?
I filter movies from IMDB (www.imdb.com) and unless a movie has been recommended highly by someone, I wouldn't watch it if the score is less than 7.0. I noticed that as of this posting, the movie has an 8.2 from about 20000 people. Now, I know why.
Scores apart, this movie will stay with me for quite sometime.
Happy new year 2009!
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