Salary of $ 25 million and on strike

Just imagine this. You earn a salary of $ 25m a year. And then you go on strike demanding improved wages. Believable ?? You better believe it. Kobe Bryant (arguably the best basketball player in the world, for those readers not familiar with sport), earns that salary, but is on strike from tonight....

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Good Morning Sir, at 1.00 PM

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Angola or Mongolia ?

Is Gils living in Angola or Mongolia ?? He isn't, but he very well could be. He is in the state of Tamil Nadu in India, but in terms of GDP he would be no different to living in Angola and in terms of per capita GDP, he would be the same as a Mongolian. This, according to a lovely chart by the Economist, which you can see here. They say a picture is worth a thousand words (something this blogger evidently...

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Happy Birthday Big Blue

On June 16th, IBM turned 100. Yes, 100 years old. That is a colossal achievement by any standards. As with living beings, so with corporations - the primary motive, and a great achievement,  is survival. Time to bring out the cake and sing Happy Birthday. The company started life in 1911 as Computing...

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Driving, Indian road and bliss in the same sentence

Indian roads are hell; right ? Well, Yes and No. This blogger has characterised them as the most dangerous place on earth, even more dangerous than Iraq or Afghanistan here. But that's only part of the story. They can also be delightfully brilliant. Really ? Yes. Some years ago, a wise old man, who...

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Fair Price Shops. Fair to whom ?

On a walk the other day, I spied a shop that was a "fair price shop". There are many of them dotted around cities and towns in India. They are usually shut with a "No stock" board hanging in front. They are part of government initiatives to sell foodgrains and vegetables at "fair prices". They are not ration shops, mind you, which are designed to sell subsidised grains to the poor. These are shops...

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The UK conundrum on pensions

If you are in the UK this coming autumn, you better brace yourself for a series of strikes. Public sector unions are calling for a series of sustained strikes. Throwback to the 80s perhaps ?? Maybe. My view is that these planned strikes are completely unjustified and the unions are living in cuckooland. The problem is pensions. Readers of this blog are young enough to completely switch off at the...

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Land Ahoy !

The call had come to the village. The ship had come. It was anchored in the deep seas, some distance away. Where it was sailing to, nobody knew. Even if they knew, it would have meant little; world geography wasn't their strong point All they knew was that it was going far far away. And that the white sahib was promising work for any able bodied man or woman who was willing to sail. The terms were...

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US Defence Spending

The Unites States spends some $700 bn on defence. Its spending is more than the combined total of the next 17 countries - a list that includes China and Russia (See The Economist's chart on defence spending here) . It's none of this blogger's business to question whether it should be having so many bombs - that's for American citizens to decide for themselves, although we can have a mild interest...

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The legacy of Generation X

When you reach a certain age, you start to think of the legacy that you wish to leave behind. What would you like to be known for ? What would history judge you by ? Generation X , to which I belong, is the post baby boomer generation in the Western world. The generation of transition from Mao to modern China in the Middle Kingdom. The generation that came of age post the Indo-Pak-China wars in India....

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Ramamritham goes to the US

Guess which country is this ? The decision on where a company should locate a new factory is made by the unions and the government. The company, which thought it could decide for itself,  is rapped on the knuckles for presuming this right. Where could this be in this day and age - North Korea ? Zimbabwe ? Libya ? Alas, none of these. It is actually the US of A. The company in question is Boeing....

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