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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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April 2010

IPL Cricket Stink…providing a link to some bluntness

Have a look at this link The author is aggressively forthright and blunt in putting across how he sees the IPL Mess and how it’s unfolding…a few may be conjectures at this stage…but quite plausible There are simply too many Strong Questions that remain unanswered or have unconvincingly been answered that has lead to this situation of Lalit Modi being Guilty until he’s able to prove his innocence ! I daresay that Lalit Mody is not the kingpin here…someone else is….the rot runs deep My recent Blogs on this IPL Controversy can be referred to below  Twitter Shashi Tharoor gets a Taste of Twitter Lalit Modi !  April 13,2010 Modicracy and Tharoorgate !…do you really expect them to be sacked!?….Tharoor may merely resign…Modi will not! April 18,2010 If the Government has any Guts and a conscience it should supersede the BCCI itself…cleanse the system in a country where Cricket is a religion….but what if the rot runs all the way up itself ! 

A lot is being revealed and exposed or uncovered about the links of bollywood celebrities,ministers,industrialists,cricketers and their kin to the IPL….either through direct or indirect stakes in the franchises or IPL associated entities,particularly those holding Media rights or through kin being employed by IPL or those entities associated with it….All are crying out loud that everything is above board…..however they fail to realise the issue of Transperancy and Corporate Governance…They should have disclosed this IPL link at the outset itself in 2008 or whenever it was created read more

SAFE Sailing High in Mauritius

Attending and Addressing a well organised South Asian Federation of Exchanges Capital Markets Conference in Mauritius in the lovely and recently renovated beach property of Hotel Maritim …over 100 Delegates from South Asian Nations…many with their Spouse….Sadly need to be suited and Booted for most part in this beautiful paradise which makes you want to shed off the clothes….maybe I’ll just disappear after Lunch !….like I did yesterday….took a Boat and went out for a few hours to sea….Ah! the Solitude and the Gentle Breeze and a Good Book !….the above Parasailing shot was actually captured by me while out at sea…no Market Volatility to be worried about….Is the Sensex Up or Down !? How are my scrips doing!?…..that can wait a few days!

Back to Reality on Monday

Cheers !

Lovely Learnings from Lord Buddha…Of Mud and Mind !

Once Buddha was walking from one town to another town with a few of his followers.. This was in the initial days. While they were traveling, they happened to pass a lake. They stopped there and Buddha told one of his disciples, “I am thirsty. Do get me some water from that lake there.”

have a nice day………………

Modicracy and Tharoorgate !…do you really expect them to be sacked!?….Tharoor may merely resign…Modi will not!

This is my take on the IPL Kochi Controversy

Lalit Modi and Shashi Tharoor are merely the symptoms of a larger IPL malaise of obscene monies, corruption, nepotism, blatant bias and murky shareholdings that act as fronts and misuse of Political Power and Position to corner these holdings…. the nexus is strong between Politicians, Industrialists, Mafia, Journalists, Cricket Administrators, Bureaucrats etc

Tharoor may merely resign…. Modi will not….. do not expect either to be sacked…. India may be a Democracy… and we may have the arms of Executive, Legislature and Judiciary…. Independent and Exclusive on Paper…. but seriously compromised in reality….. so when you have bodies like BCCI playing all the three roles don’t expect them to sacrifice one of their own brethren !…. The King and ICC President in Waiting, Sharad Pawar has already made strong supporting noises for Modi

As for Journalists… many are merely foot soldiers for Political and Industry Leaders… check this M V Kamath’s recent Editorial column in Friday,April 16, 2010 edition of Afternnon Despatch & Courier … he speaks of how nothing has come out of DNA’s exposure of 70 odd journalists being questioned for Corruption… an echo of similar sentiment sounded out also in a March 2010 column in Hindustan Times by Rajdeep Sardesai

Our Judiciary, despite it appearing to be compromises at times, seems to be fighting a lone battle… if it wasn’t for them, Our ‘Qutb Minar’ too would have been sold off by now !

Our Youth are getting disillusioned when having been tutored on Idealism, they face the realities of the Nexus and of Severe Compromises

There are three paths for our Youth…. join the System…. Live with this System…. raise a voice against the System and Act to change it…. Sadly in this Political Party System, if one wants to make a difference and raise a voice and act to cleanse the system they cannot get elected to State and Central Legislative Bodies and make this difference as an Independent… they need to join one of the major political parties… the same parties who fail to realise that they serve the 1.2 billion Indians and that they are there because of us and not the other way around

Mera Bharat Mahaan !

Twitter Shashi Tharoor gets a Taste of Twitter Lalit Modi !

Our Junior External Affairs Minister and UN ‘could have been’ Secretary General Mr Shashi Tharoor has been ‘twittering’ annoyingly and has been chided by his party, Congress several times…he yet holds on to his Ministership

His adverse and taunting Twitter comments on the Visa Policy Draft after 26/11 and on calling the Economy Class as ‘Cattle Class’ when commenting on the austerity measures had angered his Congress Party Leaders…many of who called for his scalp

Then he courted controversy again when staying in a 5 Star Hotel in Delhi instead of his allotted house…an MP who does not live by example !

I have followed Tharoor’s eloquent English on International Debate Forums and I must confess,I was disappointed….armchair stuff…not really a field worker and completely out of sync with the ground realities…simply had no pulse for and of the people….smirky arrogance was clearly my conclusion

Such a demeanour and behaviour can only emanate from one who’s well,I mean really well cushioned in life !….if you know what I mean !

Developing Proof of this is this new IPL controversy on the real Owners of the Kochi Franchise that was strongly supported by Tharoor and won the bids with a Rs 1500 crs + bid….Is this an Investing Mistake !?….this quantum of Monies !?…will the Franchise be able to recover it!…Is this a genuine Indication of True and Fair Franchise Values !?…It does not matter really what you think !…the ground reality is that such monies are being bid and paid !…Most are excited….few caution!…I’m one of those few !…..It’s always difficult to assess Intangibles…..and IPL’s,albeit growing, Brand Value is not an exception  

So I’m clearly bemused that we have the IPL Chairman,Lalit Modi locking cudgels with Tharoor over Twitter….In an ironic sense Tharoor is getting a taste of his own Twitter Medicine ! from Lalit Modi……Modi has revealed the Stakeholders of one the Consortium Stakeholders in the Kochi IPL Franchise…an interesting name is of Tharoor’s close woman friend,and rumoured to soon become his wife in his third marriage…another revelation is the granting of free equity to a few…Modi accuses Tharoor of pressurising him not to dwell too much on the identities of the stakeholders…There are rumours of Tharoor having a financial stake in the Kochi Franchise…..Tharoor denies this,saying he only spoke to Modi to inquire why he was delaying the signing of the Kochi Franchise Deal…there are strong reports that Modi favours Ahmedabad to be part of the IPL Franchise…but they had lost in the bid auction…..Kochi Franchise complained to the BCCI,accusing Modi of breaching a confidentiality clause and revealing stakeholders names on a public forum like Twitter read more

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