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A Colony Once Again

January 3, 2017 Leave a comment

A well-kept open secret: Washington is behind India’s brutal experiment of abolishing most cash – Norbert Häring

In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington’s role has been disguised only very superficially. Read more of this post

Filed under Theory Tagged with American Finance Association, Better Than Cash Alliance, Beyond Cash, cashless, cashless payments, Catalyst: Inclusive Cashless Payment Partnership, Central Banker of the year, Chicago University, Christine Lagard, Citi, colonization, Deutsche Bank, Digi Dhan Vyapar Yojana, digital payment options, digital payments, Euromoney, financial colonization, Financial Times, Ford Foundation, Gates Foundation, gobal IT business, Goldman Sachs Prize, Group of Thirty, IMF, Indian of the year, Infosys, international finance, Ken Rogoff, Larry Summers, Lucky Grahak Yojana, Mastercard, Mastercard Foundation, Metlife Foundation, Nasscom, neo colonization, Norbert Häring, Omidyar Network, Omidyar Network (eBay), Pierre Omidyar, postaday, Raghuram Rajan, Reserve Bank Of India, surveillance, The Banker, the Dell Foundation Mastercard, the Gates Foundation (Microsoft), United Nations Capital Development Fund (UNCDP), universal financial inclusion, USAID, Visa, war against cash, world currency of reference

Be A Brand

August 14, 2012 4 Comments

Just look at Richard Branson and how he clowns himself personally to create awareness of the various businesses he launches.

In India, no one has perfected this better than Narayan Murthy of Infosys. Tales about how he believes in simple living, wears ordinary clothes, gives his driver millions of dollars of Infosys shares, etc. etc. are now folklore. But they all finally reflect on his Company – Infosys.

Individuals can take a much larger and direct role in communicating messages than a ‘non living’ Company. Use your personal charisma, intelligence and passion to communicate what your business and Company stand for. Start by blogging, tweeting , updating your facebook and linkedin profile etc.Make the time and don’t proffer the excuse of lack of time.

Filed under Entrepreneurship, Tidbits Tagged with be a brand, Infosys, Narayan Murthy, postaday, Richard Branson

Some Stock Tips

May 6, 2012 3 Comments

wealthymatters.com Stock timing can help us eek out a little something more from our investments.The following insights with respect to a few popular Indian stocks should help us time our entries/exits better.I have culled them from here:http://economictimes.indiatimes.com/markets/stocks/market-news/traders-bet-on-price-patterns-to-earn-big-bucks/articleshow/12973643.cms Read more of this post

Filed under Paper Assets, Theory, Tool Kit Tagged with Axis Bank, Gujarat Ambuja Cement, HCL Technologies, Infosys, market timing, postaday, stock behaviour, stock buying, stock selling, stock tips

N.R. Narayana Murthy

September 16, 2011 12 Comments

wealthymatters.com Here is an old interview of Narayana Murthy.I made it a point to read it today to try to understand the man a little better .

Generally I have such an antipathy towards the man that I tend to tune him out.I dislike hearing him talk about merit.While in theory it sounds good to reward the most meritorious the real problem lies in how that merit is to be determined.How is the merit of a chess player to be compared to that of a singer?And BTW is it more meritorious to sing operatic airs or folk songs?And are new /innovative ways better or orthodox ways more meritorious?Its not my case that incompetent people aught to be running the show but too narrow a definition of merit just tends to suppress the innate creative ability of people.And a merit based system can be pretty wasteful of talent and abilities. Read more of this post

Filed under Entrepreneurship, Theory Tagged with compassionate capitalist, IIM Ahmedabad, IIT Kanpur, Infosys, Jayanagar Bangalore, Karnatka State Imdustrial and Investment Development Corporation, Krishnayya, KSN Murthy, Microsoft, Mysore, Nasscom, NR Narayana Murthy, Patni Computers, postaday2011, RandomBlog2011

Sudha Murthy and JRD Tata

August 23, 2011 8 Comments

Sudha Murthy is the wife of N.R. Narayana Murthy,Founder of Infosys.She is the Chairperson of Infosys Foundation.Here is a story I found today.In it she narrates how JRD influenced her life.Enjoy!

“There are two photographs that hang on my office wall. Every day when I enter my office I look at them before starting my day. They are pictures of two old people, one of a gentleman in a blue suit and the other a black-and-white image of a man with dreamy eyes and a white beard.

People have asked me if the people in the photographs are related to me. Some have even asked me, “Is this black-and-white photo that of a Sufi saint or a religious guru?” I smile and reply “No, nor are they related to me. These people made an impact on my life. I am grateful to them.” “Who are they?” “The man in the blue suit is Bharat Ratna JRD Tata and the black-and-white photo is of Jamsetji Tata.” “But why do you have them in your office?” “You can call it gratitude.” Read more of this post