Categories
Author: Raoji
Categories
Linkfest:Feb 20,2013
Some stuff that I am reading today morning:
Why are airlines keen to offer seats at throwaway prices? (Moneycontrol)
Indian unions call strike (WSJ)
Retail investors mid cap bets backfire (ET)
LIC sells 12600 Crore worth of shares (FE)
The problems of long run data results and medium turn living (Mint)
Brokerage houses shy away from lateral hiring (BS)
Why the HDFC Life ad sucks (Moneylife)
How to know when it is time to leave the party (Marketwatch)
The best stock performers of the last decade won’t be the best for the next (Ivanhoff)
Michael Dell, who is your daddy? (InstitutionalInvestor)
Categories
Thunderstruck! by AC/DC
Somehow feel angry that kids nowadays are not listening to music like this !
Categories
Remembering Shivaji Maharaj
Today is Shiv Jayanti (birth anniversary of Shivaji Maharaj) and is a state holiday in Maharashtra.
The first known reference to Shivaji Maharaj in British records comes from the London Gazette of February 1672:
“Two day since we received Letters from India, written by the English President residing at Surratte (Surat) who acquaints us with the daily fears they have there, from Sevagee (Shivaji Maharaj), the Rebel, who having beaten the Mogul in several battles, remains almost Master of Countrey, and takes the boldness to write all the European Ministers in Surrate (Surat), that if they refuse to send him such and such immediate presents of Money (which as he puts them would amount to vats sums) by way of Contribution, he will return and ruine that city; That he exacts the like from the Inhabitants, who certainly would comply with his demand, but that the officers of the Mogul, being there hinder them. Which puts them into an extreme Streight, and causes other daily to convey away their richness; many also embarking and transporting themselves into other parts, to avoid the storm they fear will fall up on them” (src: IndianExpress)
There is a company in India (say XYZ Ltd.) which is famous for its ability to “manage the environment”.
An old riddle used to go like this:
Q:How many types of people are there in government ?
Ans: Two types.One is Friends of XYZ and the other is Servants of XYZ !
An acquaintance who used to work in the HR department of this company explained their secret sauce.Apparently, on the employee rolls of the company, there is a special list .
On this list are the family members/friends/wives etc of politicians, bureaucrats and other important people.These people are obviously not expected to do any work of any sort and get the salaries just to “maintain relationship”
Some famous examples are the brother of an influential politician who got a salary as a “Marketing Consultant”, a former Police Commissioner of Mumbai who got his fees as a “Security Consultant” and funniest of all, an underworld element who got his fees as a “HR Consultant” !
This is India !!