Meltdown of the Richest

Posted on November 14th, 2008 by Harsh

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us…

- Charles Dickens, The Tale of Two Cities

I read an interesting piece of news yesterday, which was also there on the front page of today’s HT. The piece said that India’s richest are getting poor. That’s a surprise because I always read the richest getting richer in our country. It should actually not be so surprising in this zeitgeist because of the influence the global meltdown has had on some of the thickest wallets in the world.

Laxmi Naryan Mittal, or LNM, was by far the richest Indian a few weeks back, but now one Mr Mukesh Ambani has just managed to pip him by a small margin of $0.3bn. LNM I must say seems to the worst-affected by the meltdown. His networth is down to $20.8bn from some $60bn. And that’s some loss. Mukesh Ambani can afford to be over the moon for some time, but I see this battle being neck-to-neck for some time to come. The global recession is certainly going to affect the wide-networked and more global ArcelorMittal than India-based Reliance Industries. In fact, I have a feeling that Reliance Industries may just keep growing because of the nature of their business. It is no secret that Mukesh Ambani is investing a lot of money in drilling oceanbeds to find oil. Moreover, the global meltdown has not hit Indian companies so hard till now. I believe that the action taken by Tata to pause recruitments and cut costs for now is just precautionary.

On the other hand, global players will have to bear the brunt, and the fall and rise of NASDAQ is going to be deciding their fortunes. The Indian players may just rise victorious thru these hard times, and it may just help India rise. Another interesting observation is the yawning gap between the networth of two Ambani Brothers. Anil sits embarrassingly at a low networth of $12.5bn but is better than telecom czar Sunil Bharti Mittal ($7.9bn) and Real Estate magnate KP Singh ($7.8bn). According to Forbes, there are “painful times” for India’s richest because of the depreciating rupee, slow GDP growth, and double digit inflation.

Quite frankly, I don’t understand global meltdown and for that matter even the sensex. I have never spent a minute trying to understand sensex and don’t even aspire to get into it. In my opinion, it is a fruitless activity for the money-minded. Anyhow, coming back to the main topic let’s see how global meltdown affects us more as move towards the year end. Apart from the falling networths, I believe the working class is also having some anxious moments. I have a friend at AmEx who just managed to escaped the axe a fortnight back, and I know someone in VLCC who lost 150 of his colleagues in the layoff exercise.

Will Obama bring the next change? Let us see.

Watching Citizen Kane

Posted on November 13th, 2008 by Harsh

Last weekend I watched a movie called Citizen Kane. The only motivation of watching the movie was that it has consistently been ranked number one on the list of Hollywood’s Top 100 Films of All Time. Citizen Kane was made in the year 1941. Honestly, I am not a big fan of classics, and rarely indulge in Black & Films. I watched Mughal-e-Azam when it was re-done in colors, last year I guess.

Anyhow, coming to Citizen Kane, it is a film about a media magnate named Charles Foster Kane. The film narrates the eventful journey of Kane from his younger years to his deathbed. Citizen Kane opens with a very old Kane who speaks “Rosebud”, which become his last spoken word and also a matter of curiosity and investigation. During the investigations, we see Charles Kane as a young, aggressive and somewhat troubled boy who separates from his mother. Apparently, he inherits enormous wealth and grows up to be a shrewd young man with sharp business acumen.

Through further investigations, we come to know that Kane as a young man entered the newspaper business and indulged in Yellow Journalism (a kind of journalism which thrives on sensationalism, like the India TV of our times). His businesses flourishes and he makes a lot of money, travels all over the world, and recruits a team of veterans from the rival newspaper publishing firm.

During all this, he also gets married to the niece of the President of the US which encourages him to harbor political ambitions. Kane is shown as a careless husband who cares as much about his wife, as you would for an unknown neighbor. The movie further talks about his affair with an aspiring Opera singer, who much younger in age. As a result of the affair, he marries for the second time in his life. Due to the “love nest” (as it is labeled in the movie), his political dreams are shattered. Kane now forces his wife to become an opera singer, much to the chagrin of the trainer. On the face of it, his wife does not have the talent for singing. Further, the relationship goes for a toss, and she leaves him forever. I don’t want to further narrate the story, but the mystery remains unsolved till the end of investigation. However, the secret is revealed in the end to the viewers.

Quite frankly, Citizen Kane does not qualify to be one of my favorites, and I can’t watch it the second time. However, it is a must-watch because of its cult status and the thrilling script. It should also be mentioned that the film was partially based on the true life character of William Randolph Hearst.

Do watch it if you can’t think of any other movie. You may like it.

The Great Indian Holiday!

Posted on November 12th, 2008 by Harsh

It has started bugging me lately. What? That is the no. of holidays and leaves that we have in our country. I just wonder how many working days do we have. Considering that every Sunday is off, and most companies are closed on Saturdays, at least eight days in a month are gone. Put into that on average two festivals a month, and two leaves/person. That only leaves you with less than 20 working days in a month. And, how can I forget, you will also have at least two weddings in a year (chachaji ka beta, bhuaji ki beti or worse, yourself) to attend. Those weddings would be in the remotest parts of India and you would need at least 4-5 days off. Hoo-Ha, and you have the Great Indian Holiday throughout the year!

I also wonder if we start working more do we stand a chance to become a productive and progressive country, given that manhours are crucial to a nation’s success. Let me be clear that I don’t condemn leaves and holidays. I feel that if there is a genuine need then you must avail of leaves. It is also necessary to have a balanced life. I take one holiday in two months, when I don’t work at all, and that is always a weekday. To some of my friend’s surprise, I spend better part of the day in a coffee shop reading and the watching movie all alone. Well, that’s another thing. Coming back to the topic, what really surprises me is the attitude of the youth nowadays. They wait and yearn for holidays like kids would wait for dad to get back home with candies. Where has the passion to work gone? Where has the passion to deliver and work endlessly gone? Why is everyone looking for shortcuts to success?

Also, let me ask, why do you need a holiday or leave? Just because for the heck of it, I guess! Most of us have not applied our mind in this area. Typical answers would be to spend time with family or re-charge. And I can say with quite a fair amount of certainty that this is not a case. This also reminds me of a speech by great US President Theodore Roosevelt who pleaded his countrymen to have a strenuous life to succeed and make the United States of America a great nation, and I would not be wrong if I say that it did play its part in making the US the superpower that it is.

For me, interacting with the youth of today is also a shock in its own ways. Most of them are very content with their life, and cannot see life beyond fancy cars, mobile phones, penthouses, or entertainment. The hunger is nowhere. I guess they need to take some inspiration from our predecessors or freedom fighters for who a cause was an obsession!

India, as a country, today stands on the verge being an economic superpower in the world, and has the youth highest population in the world. Sounds like a perfect recipe that would create the next superpower. I am afraid NO. That attitude is the chain that separates the great from good, and good is just not good enough!

The Legend of Dada

Posted on November 11th, 2008 by Harsh

Like Kumble, Ganguly was also a part of my growing years. I still vaguely and excitedly remember watching him taking off his helmet when he reached his century at Lord’s. In those times, when cable TV was a luxury to have and often considered bad for school-going kids like me, I usually relied on 9 PM DD News to catch those precious footages from the match. In that first Test Match against England, he just came out of nowhere, and it was just Sachin Tendulkar’s dominance that was giving England bowlers some sweat in the earlier part of the series. Not to forget, it was the same match in which Rahul ‘Wall’ Dravid debuted as well, and made a cautious 95, caught behind off Dominick Cork.

My first impression of Ganguly then was not too great. With a pencil moustache and a lean frame he did not look much of a character. Perhaps, I was too young at that time to be judging people on the basis of their appearances (a practice that I have done well to get rid of now). But one thing that made Ganguly a household name at that time was that his innings was stroke-filled and his shots on the off side were nothing less than breathtaking. In the later years, he would be named “God of off side” by another batting great Dravid.

Ganguly the ODI Player

Over the next few months, Dada, as people started knowing him, was also induced into the ODI squad in the era of Jayasuriyas and Slaters when powerplay hitting had just begun. Ganguly who started his ODI career rather unexcitedly would go on to become one of the legends of the shorter format and score hundreds at will. The watershed moment for Ganguly in ODIs came at the World Cup 1999 when he made 183 punctuated with 11 sixes and many fours. Again, it was Dravid, who got overshadowed but scored a handy 153. Hitting Vaas and Murali at will, Ganguly’s fireworks in the game are still remembered fondly.

In the early 2000s, Ganguly became a force to reckon with in the ODIs, and formed a formidable opening partnership with Sachin Tendulkar. Ganguly was one of the early exponents of powerplay hitting and his ability to open and pace innings brought new confidence to the Indian team, especially when chasing big targets on docile Indian subcontinent pitches. One match that is still engraved in my memory is the India-Pakistan final at Dhaka when India successfully chased 316 against the arch-rivals. Ganguly scored 143 in that match, and Tendulkar, just relieved from captaincy, was in sublime touch. He provided the initial thrust by hitting 70-odd is some 40-odd balls. Many such performances followed and soon Ganguly along with emergence of Sehwag became one of the threatening opening batsmen the game had ever seen.

That Ganguly has scored more than 10,000 ODI runs is no surprise, and for me he will always remain the greatest Indian ODI batsman after Sachin Tendulkar and Mohinder Amarnath.

Ganguly the Test Player

Sourav Ganguly’s Test career was not as bright as ODIs. He maintained a modest average of mid 40s throughout when his peers such as Tendulkar and Sehwag averaged consistently in mid and late 50s, and even Sehwag has consistently averaged over 50. His greatest knock I reckon was in the opening Test against Australia in the 2003 series down under, when he stroked an elegant 140-odd set the tone for a competitive series.  That he spent most of his Test career batting at no. 5 or 6 did not help his average or talent makes me feel bad for Dada.

Dada had his moments in Test Cricket and always scored at vital moments like in the successful West Indies tour where he always scored when needed and often anchored the tail well. Also, his belligerent strokeplay always helped India finish well. His comeback century against South Africa two years back helped India win their first ever match in SA, although credit would go Sreesanth for swinging out the Proteas.

Ganguly the Captain

However, Ganguly’s greatest contribution to India would be that of as a captain. Nurtured in the era of on your face aggression with the likes of Mark Taylor, Ranatunga and Cronje holding the game of cricket, Ganguly was quick to transform the Indian team from a bunch of givers to a hungry lot of winners. Ganguly often supported youngsters such as Harbhajan, Yuvraj, Zaheer and Sehwag and chose them over more seasoned players, a formula that now Dhoni seems to have adopted. Ganguly’s captaincy produced quick and fruitful result for the Indian cricket, and infused the infectious sense of fearlessness in the team. For long being known as tigers at home, India started winning series outside India, by first conquering Pakistan and then West Indies and England, and then coming tantalizingly close to defeating Australia in 2003.

Ganguly the captain also marched India into the finals of 2003 World Cup, but the embarrassing failure at 2007 ignited his downfall. He was sacked as captain, and Dhoni took over the reins. However, Ganguly will always be applauded and acknowledged for turning around a talented team into a wining team, and the current and future success will always reflect his legacy.

Final words…

Sourav Ganguly, the character that he was, has also left behind some interesting off-field memories. The most unforgettable is certainly when he took his shirt off at Lord’s when India successfully chased 315, courtesy Kaif and Yuvraj’s outstanding batting, after India had lost half the side at 150. He bared once again in the last test yesterday but in a rather subdued manner. Other moments include keeping Steve Waugh waiting for toss in Australia, which the Aussie Great openly mentioned in his autobiography. Also, his spat with Greg Chappell and affair with film actress Nagma add to his colorful life inside and outside the dressing room!

All in all, Ganguly has his name carved in the annals of history and generations to come will look up at him as a man who changed the way Indian played and won…as a man who could only fight and never give up…as a boyish-looking man whose expression matched that of a 12-year-old boy whenever he won a match or took a wicket…as a man who fought till his retirement day!

Have a great life ahead, Dada!

The Se7en Deadly Sins

Posted on November 9th, 2008 by Harsh

Ever since I have watched Troy, I have been big fan of Brad Pitt. His portrayal of Achilles was breathtaking, and I have been totally in awe of him since then.

Seven had been there for a long time on my to-watch list until last night. I had heard about the movie from my friends, and many had praised it at length. I had also done a random Google Search of the movie once to know about the plot, and was quite fascinated by the theme and subject.

Last night, I chose Seven over a bevy of other movies on my hard drive, as it has also had another of my favorite – Morgan Freeman, and not to forget the American Beauty Kevin Spacey.

To begin with, Seven (the film is written as Se7en, but I am going to write it as ‘Seven’ here) is engrossing till the very end. The tragedy that happened with me was that the last ten minutes of the movie did not work, and I did YOuTube the ending, and didn’t miss it.

What works in favor of Seven is the solid and unusual script, edge-of-the-seat moments and amazing screen presence of Pitt, Freeman and Spacey. Paltrow, I guess was a waste, if you needed someone for 10-odd minutes. But I think that was the year, when Pitt was having a steamy affair with Paltrow and the producers may have wanted to play on that.

Seven starts with the introduction of Pitt – an upcoming detective – and Freeman – a veteran detective whose calmness and stoicism are his strengths. Pitt, in parts, reminds me of Jimmy Shergill’s character in A Wednesday (which I recently watched), but I think Pitt is saner. When the two combine to probe the case of series of murders based on the seven deadly sins, there is a serious contradiction of thoughts and processes. Freeman really scores as an actor here, and Pitt holds his own against the seasoned actor. The starcast also reminded me of ‘The Devil’s Own’ in which Pitt was paired with Harrison Ford.

Some of the scenes may just bring you on the verge of puking (Apocalypto was the last film that had evoked such feelings). The first man the killer (Kevin Spacey) murders is an obese man who has a penchant for overeating, and his sin? Gluttony! A similar murder happens in the city with Greed as the reason cited by the killer. The third murder, which is the most horrifying, is based on Sloth. The murderer ties the man to a bed for a year, and takes a picture every day of him, thereby maintaining a record of his deterioration. This is when the movie starts getting interesting, as Pitt and Freeman are challenged by the murderer. With the help of librarian and bribing, they are able to trace Spacey’s home but are attacked by him outside the apartment door. Pitt and Freeman somehow evade bullets and Spacey runs away.

That chase that happens is interesting but could have been made more thrilling. The director relies again very heavily on the skills of three actors, and they pull it off stupendously. Unsurprisingly, Spacey escapes, but not before attacking Pitt and injuring his head, only to commit two more murders in the name of ‘lust’ and ‘pride’.

Unable to crack the case, the two detectives are now confused and rattled, when all of a sudden Spacey surrenders in their office. Then pursuits the most interesting sub-plot. Spacey hires a lawyer, and asks him to convey a message to the detectives that he has two more bodies with him hidden away and he would disclose the location of the two dead bodies to only both of them, and if they agree to accompany him, then he would confess his crime. Pitt and Freeman and agree. Pitt, Freeman and Spacey drive to the outskirts of the city with a police chopper keeping an eye on them. On the outskirts, they stop at an open, uninhibited land where a man delivers a box to them, which contains the head of Pitt’s wife Tracy. Spacey states to Pitt that he had killed his wife because he wanted to “play husband” to her and she refused.

This instigates the sixth sin, ‘envy’ committed by Spacey himself, and also compels Pitt to commit the seventh deadly sin – ‘Wrath’- and he shoots all the bullets at Spacey.

The last ten minutes of Seven the most thrilling without any doubt, and Spacey marks his stamp with outstanding display of acting. He portrays the role with cold dialogues and body language that you would associate with an insane serial killer. At times, he looks scary enuf, as he speaks at a measured pace without even batting an eyelid.

Overall, Seven is worth a watch, and the unusual/experimental script makes it a must-watch for every Pitt/Morgan/Spacey fan.

The Spinner Who did Not Turn the Ball…But Many Matches he did

Posted on November 2nd, 2008 by Harsh

He conquers who endures. 

~Persius

Since there was no contribution from anyone else today, I thought I would write briefly on the book that I am reading right now – Stay Hungry, Stay Foolish. But I guess that will come another day, as there is a piece of news that has inspired me write on something else.

Anil Kumble announced his retirement from all forms of cricket a few hours back (though we may just see him in the IPL). His retirement has come as a bit of surprise to me, as I thought he would play the England series as well. But the injury happened at the wrong time (or may be right), and he perhaps could not see himself nursing an injury and coming back at the age of 38.

I am very proud of Anil Kumble. He has been more than a cricketer. I vividly remember him saying once during an interview: “What hurts me most after playing almost 20 years cricket is when people still say that I cannot turn the ball.” Understandably, because he has finished his career with 619 wickets, after Warne and Muralitharan, and the highest Indian wicket-raker.

Apart from his cricketing achievements, Kumble has been a very humble and inspiring cricketer. Who can forget him bowling in the West Indies with a bandaged jaw, and famously taking the wicket of Brian Lara clean bowled. Even in his last Test match, he was playing with eleven stitches on his left hand. There is no doubt that he always gave his 100% to the game.

Kumble, although could only captain India for a very brief period, will always remain as one of the greatest ambassadors of the game of cricket. During the Sydney controversy last year, he handled the situation with utmost grace. He practiced self-restraint and very honestly said, “There was only one team that played in the spirit of the game.” He did not make a mole hill out of a mountain.

Kumble has been the most sincere cricketer of my generation, who survived wicketless spells and criticism from all quarters, and still turned the matches around. His ten-wicket spell in an innings at Feroz Shah Kotla against Pakistan will always be remembered as one of the most significant and unbelievable achievements in the history of 150-year-old game.

A man, who at the age of 38, was as committed and youthful as any young debutant, is an epitome of perseverance and tenacity. He was accused of being a tiger at home, and being a passenger in series abroad. Kumble silenced his critics on the Australia tour of 2003 by performing consistently on that tour, and taking seven wickets in the crucial Sydney Test, which was also Steve Waugh’s last match. On the England Tour of 1996, he took his first wicked in the Second Test and that too of a tailender. But he always had the elasticity to bounce back and keep nagging the batsmen with his accurate bowling. Few pseudo-intellectuals realize that even when not taking wickets, Kumble played the role of keeping one end tight – trait of a complete team person.
Kumble finishes his career today, totally unscathed. Perhaps, may be the only cricketer to have played over 100 Tests and never been penalized or punished for any kind of misconduct. A gentleman and disciplinarian to the core!

Kumble was the cricketer who would bowl with same vigor and accuracy, not matter it was the first ball or the last of the day. A few would remember him for his Test hundred and 88 that he scored against South Africa with Azharuddin when India was in a hole in a Test.

Anil Kumble today stands as an idol for millions of cricket enthusiasts all over the country, and if I dare say, globally.  I hope he continues contributing to the game and country, by being a coach or a motivational guru! I can imagine him being a good speaker and perhaps a bureaucrat!

A truly inspirational personality!