Bendgate – Rivals trolling Apple

“Steve Jobs! You’re being missed!”, looks like a buzzword in Apple’s office. True that Apple creates products that it loves whether they are liked by its customers or not but iPhone 6 is turning out to be one of the most epic failures.

A phone that bends in your pocket! That’s not what you’re paying for. Let’s have a look at how competitors took upon this news rather ‘opportunity’. Introducing ‘Bendgate’, a new buzz word.

The first one to react was definitely Samsung. Flaunting about its curves!!!01

This shows that you just can’t make a mistake in today’s world

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Well, is ASUS trying to ‘support’ Apple in difficult times?

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Flexing on purpose, LG!!!04

Nokia Users! Please don’t try this at home.

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Tim Cooks should have ended his presentation in typical Steve Jobs style like this.

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Must buy accessories for iPhone 6. Coming Soon!

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And the new interface for the website!

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Looking for some celebrity endorsements? Here are a few suggestions.

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One thing is for sure. Bendgate definitely went viral.11 12

An open letter to Manmohan singh

An open letter to Manmohan singh

download

Dear Manmohan Singh,

Or should I say Mr. Ex-Prime Minister Sir!

Congratulations for your 10 year stint at PMO. Congratulations for bringing in some reforms like Right to Information, Right to Employment, Right to Food, Land Acquisition Bill and much debated LokPal Bill for which you’ll never get the credit though. But above all, congratulations for the end of your exile. Congratulations for having some peace.

I can definitely say that I am not the only one who thinks so, given what opposition leader Mr. Arun Jaitley said, “personal integrity was always above board”, “Prime Minister goes out with dignity and grace. He will remain an elder statesman and a man of credibility to guide the nation”. Truly, this can’t be denied.

Surrounded by corrupt ministers, vested with a limited power and lifting the burden of a damn-so-smart prince, your inability to speak on important issues is the only thing the masses of the nation noticed. It can’t be blamed because staying meek for 10 long years was way too much for the country. “Hazaron jawabo se achchi hai khamoshi meri, na jaane kitne sawalo ki aabru rakhe. (My silence is better than a thousand answers, it keeps intact the honour of innumerable questions).”, explains your take on this as well. Your decision of not rocking the Congress boat actually made you a scapegoat and now, you will be blamed for everything that went wrong because Congress has got a long list of people to take credit for everything good ever happened.

You are the best Finance Minister India ever had. Transforming Indian economy from a slow moving snail to a roaring lion, coming up with new economic policy, making sure that it gets implemented is something we all agree with.

When it comes to your stretch as Prime Minister of the nation, though media has said enough about it and a lot of cartoons have already been published but let me differ from that a bit. It was indeed a period which India will look back as a golden era. And I have my reasons for that. At the time of economic crisis, when banks were failing within a single day, India continued to grow above 7% and became the third largest economy on PPP basis.

Rightly said by Obama, you were distinguished, decent and dedicated! You were often criticized for being reticent, perhaps in the times that we live in, being seen and heard has become more important than the act of doing things itself. A standing ovation and emotional farewells from your staff is proof of that.

A personification of humility! A paragon of grace! Someone to look up to!  An exceptional economist! A scholarly thinker! You have served the nation well sir!

Thanks for everything!

 

India ki Kahani, Amul ki Zubani (Part 2)

India ki Kahani, Amul ki Zubani (Part 2)

This post is 2nd part of India ki kahani Amul ki Zubani. Link to Part 1.

Some love him! Some hate him! But ‘O Guru’, his commentary will always stay with us. Tussi Great ho Siddhu Paaji!!!

2001 August - On Sidhu's colourful style of cricket commentary (1)

In Kamzor Kadi Kaun, Neena Gupta’s sarcasm was something new for the country. If you didn’t like it, ‘Aap Jaa Sakte Hain, Namaskar!!!!’2001 December - On the new game show being aired on Star Plus

In May 2001, when the ‘Monkeyman’ hysteria gripped residents of Delhi and surrounding areas2001 May - On the Monkeyman hysteria gripping residents of Delhi and surrounding areas

When the Indian Airlines Mumbai-Delhi flight was hijacked in October 20012001 October - The recent hijack hoax on the Mumbai-Delhi flight

Censor chief Anupam Kher implemented the new censorship guideline extended to video remixes. No more ‘Kaanta Laga’ and ‘Chadhti Jawani’2003 - Censor chief Anupam Kher implementing the new censorship guideline extended to video remixes

On the unprecedented heavy rains flooding Mumbai causing loss of lives and havoc to people, their homes and properties2005 August - On the unprecedented heavy rains flooding Mumbai causing loss of lives and havoc to people, their homes & properties

In 2005, there was a public row between Indian cricket captain Mr. Sourav Ganguly and coach Mr. Greg Chappell. Sad times for Indian Cricket!!!2005 October - Public row between Indian cricket captain Mr. Sourav Ganguly and coach Mr. Greg Chappell

On the proposal seeking increase of reservation quotas for Other Backward Classes (OBCs) in Central Universities and premium institutions like IIMs & IITs

2006 April - On the proposal seeking increase of reservation quotas for Other Backward Classes (OBCs) in Central Universities and premium institutions like IIMs & IITs

On six-year-old boy named ‘Prince’ successfully rescued by Indian Army from 60 foot pit after 50 hours in which he accidently fell while playing near his house in Kurukshetra – Haryana State. Indians were introduced to many new technologies like CCTV!2006 July - On six-year-old boy named 'Prince' successfully rescued by Indian Army from 60 foot pit after 50 hours in which he accidently fell while playing near his house in Kurukshetra - Haryana State

Indian Cricketer Harbhajan Singh was found guilty of uttering offensive (abusive) words ‘teri maa ki…’ in his native language to Australian Cricketer Andrew Symonds. ‘Maa ki’ is not racism Symonds!!!2008 February - Indian Cricketer Harbhajan Singh guilty of uttering offensive (abusive) words ‘teri maa ki…’ in his native language to Australian Cricketer Andrew Symonds

Relived the days of Wrestling! Thanks to ‘The Great Khali’ a.k.a. Dalip Singh Rana!10X20 Taaja Maal

In September 2008, financial crisis hits USA – the so called land of opportunities!10X20 Taaja Maal

Rs. 7,000 Cr. scam at Satyam Computer Services10X20 Taaja Maal

A drought ended after 28 years. India won the World Cup again after 28 years.2011 April - India wins the Cricket World Cup

One of the most controversial cartoons by Amul. Rahul Gandhi being referred to as a baby. Spot on Amul!!!2011 April - Popular youth leader being addressed as an 'Amul Baby'

Tendulkar or Ten*TenDulkar!!! Congratulations Sachin for completing Hundred International Centuries2012 March - Hundred Centuries by Sachin Tendulkar

In August 2013, Rupee falls to all time low against the dollar2013 August - Rupee falls to all time low against the dollar

With moist eyes, we bid you Farewell Sachin!! Cricket became a game of mortals when you retired!2013 November - Sachin's final test match

So, Abki Baar Modi Sarkaar! Ache Din aane wale hain! All seems to have worked out. A government with a clear majority! Good days ahead??2014 May - New era in Indian politics

In the end, how can we forget Kejriwal. He refused to pay bail bond! 2014 May - Kejriwal refuses to pay bail bond

Let’s see what is lined up next!

India ki Kahani, Amul ki Zubani (Part 1)

India ki Kahani, Amul ki Zubani (Part 1)

Dr. Verghese Kurien, the father of ‘White Revolution’ truly designed the makeover of Indian industry. Founding Amul, the utterly butterly delicious brand, he ended up the milk deficiency of the country. But there’s something else that Amul has provided us, its brand mascot – Amul Girl.

The hand-drawn cartoon of a young, chubby Indian girl dressed in a polka dotted frock with blue hair and a half pony tied up has always been in limelight for coming up with humorous yet heart touching content.

From Bollywood to Cricket, Indian Politics to World Economy, all the news makers and famous personalities have featured in one or the other advertisements of Amul.

Though marred by various controversies, Amul advertisements are commenting on various events of national or political importance since 1967. Here are a few of the Amul Advertisements that made into the news.

In 1976, it came up with a mockery of compulsory sterilization launched by government.

1976 - On compulsory sterilisation introduced during Indira Gandhi regime

Power cuts are an old story for the nation. Here’s a proof of that.

1982 - Electricity cut in force.

And the Godfather in 1982. Some offers just can’t be refused!!!1982 - Godfather

Devi Lal, Bajan Lal and Bansi Lal in a three cornered election in Haryana in 1986.1986 - Devi Lal, Bajan Lal and Bansi Lal in a three cornered election in Haryana

1987 – A comment on the film Shehenshah’ featuring Amul Butter and Amitabh Bachchan
1987 - A comment on the film Shehenshah' featuring Amul Butter

This TV Serial was the reasons of sales of televisions in India and how could Amul miss paying its tribute. During the telecast of the serial – Ramayan
1987 - During the telecast of the serial - Ramayan

In 1987 on Pakistan’s Infiltration in India1987 - Pakistan's Infiltration in India

Supporting the IPKF efforts to bring peace in Sri Lanka in 19871987 - The IPKF efforts to bring peace in Sri Lanka

The political crisis during the Gulf War in 1990.1990 - The political crisis during the Gulf War

Now you see it, now you don’t!!! The rapid change of Prime Ministers in the Country in 1990.1990 - The rapid change of Prime Ministers in the Country

There it comes! Our New Economic Policy!!! Finance Minister Manmohan Singh does a tightrope for his maiden budget.1991 - Finance Minister Manmohan Singh does a tightrope for his maiden budget

In 1991, when ‘The Mandal Commission’ raked up a lot of bitterness, as it was based on the caste system. Reservation in education, & employment was deemed as right for some
1991 - The Mandal Commission raked up a lot of bitterness, as it was based on the caste system. Reservation in education, & employment was deemed as right for some

Following in the footsteps of Sushmita Sen, Miss Universe, hazel-eyed, Indian beauty Aishwarya Rai wins the Miss World title in 1994.1994 - Following in the footsteps of Sushmita Sen, Miss Universe, hazel-eyed, Indian beauty Aishwarya Rai wins the Miss World title

On the search for notorious dacoit Veerappan1997 - On the search for notorious dacoit Veerappan

On the Kargil conflict in 19991999 - On the Kargil issue

On the lone success of Sachin Tendulkar, while his team-mates kept failing in 19991999 - On the lone success of Sachin Tendulkar, while his team-mates keep failing

To be continued…

What’s stopping you India?

What’s stopping you India?

Global India - Souce - Forbes

I have heard of talks of India becoming a developed country by 2020. I have seen speakers guaranteeing success of Indian firms in global markets. They have diversified opinions when it comes to reasons but the conclusion is same more or less. India as ‘Golden Bird’ again, that’s what we have always dreamt of, haven’t we?
But when carefully look at the current trends and statistics, picture isn’t that bright as it appears to be. When entering the global markets, we have limited number of success stories from our country. Though foreign investments have trebled from 2003 to 2012 but when it comes to meeting targets in the international markets, picture is not that bright! We have added cult brands like Jaguar Land Rover and Arcelor to our portfolio but haven’t been able to produce the desired results. Here are some reasons amongst many why Indian firms fail to perform overseas:

Narrow Focus

Thanks to cheap labor available in India, we know that we can become low cost providers to the world and we boast about it anywhere and everywhere. But the world doesn’t just care about low cost part only. Moreover, our focus is always on meeting the needs of the developed countries by providing them with cheaper products using frugal/reverse innovation but the larger section of the world i.e. developing nations go overlooked. These markets can readily accept Indian products given necessary modifications are made to meet their demands.

Attracting and Retaining Talent

We have premier institutes like IITs and IIMs well established in our country but somehow, Indian firms are not able to attract best talent from these institutes. High salary jobs are often provided by big consulting firms or top social networking firms and they lure away the best of Indian minds. Again the work culture in Indian firms somehow suites Indians only and other that’s why, Indian firms find it hard in retaining talent from other countries. When Tata acquired Jaguar Land Rover, Indian management commented that British workers are lazy! A big statement was made without understanding the cultural differences.

Understanding Cultural Differences

This brings me to another point. Our work culture is different from other countries. The problems arise when one is not ready to accept it. Lack of knowledge of these can be a major roadblock in the growth of any company. I still remember meeting one of Deloitte’s directors who mentioned it very bluntly “We Indian love to work our asses off”, a sharp statement to make but actually not false. What he added was, “Whether it’s required or not”. And then we expect others to do the same, and that’s what leads to problems.
One can follow a model like Infosys where the senior management from different countries spends time in Bangalore to understand Indian work culture in a better way. We’ll have to reciprocate in a similar fashion.

Environment! Patent! Regulations! Errrrr

One advantage of operating in developing countries is that the regulations are not very stringent. But you face problems entering the global markets because of these regulatory norms and legal concerns. Strong environmental policies become a must which may require overhaul of the entire functioning of a company.

Weak Brand

Indians have established themselves are code chefs, geeks and masterminds of the world who can troubleshoot your problems within no time but when it comes to the Indian organizations, they have failed to establish the brand globally. Brand recall will come later but firstly they’ll have to establish themselves so that people start recognizing these brands.

Indian Pure Plays viz-a-viz Global IT Firms

Indian Pure Plays viz-a-viz Global IT Firms

Information Technology has played a major role in transforming India from an agriculture dependent to a service based economy. It has revamped the country’s image from a slow moving bureaucratic economy to a land of innovative entrepreneurs. Taking advantage of labor arbitrage leading to humongous outsourcing by the developed nations, India has already solidified its position as a provider of IT solutions.

Though the size of Indian firms is still smaller as compared to global players but if we look at the growth rates, the scenario is entirely different. Though top five Indian IT companies account for just 3.7% of IT services market, they have a strong 13% growth against the industry growth rate of 2%. Graphs below can provide a much better picture.
Global PlayersIPPs
We can clearly see that all Indian IT services firm have shown high growth rates for Year 2012-13 when the leaders in the market were finding their revenues slackened. Liberalization of external trade, elimination of duties on imports of information technology products, relaxation of controls on both inward and outward investments and foreign exchange, setting up of Export Oriented Units (EOU), Software Technology Parks (STP), and Special Economic Zones (SEZ) have enabled India to flourish and acquire a dominant position in world’s IT scenario.

On the other hand, global players faced price pressures from the emerging markets and there was a weakening demand in Western Europe and United States. To counter the disadvantage of higher costs, these players have opened up their major hubs in the developing countries themselves. For example, more than 1/3rd of the workforce of French firm Capgemini operates from India. Still, major advantage is taken home by Indian Pure Plays like TCS, Infosys, Wipro etc.

While we are gearing up to reach the position of leaders, our close neighbor, “The Dragon” has begun offering better rates with reduced operational costs as compared to India. China is generating more than USD 4 billion revenue from information technology and business process outsourcing. Although it has not yet reached India’s revenue rate from Information technology services, China’s IT and BPO industry is expected to grow 30 percent which is an area of concern for Indian firms.

India vs China

Scenarios are changing worldwide. With the arrival of SMAC (Social, Mobile, Analytics and Cloud) big time in the industry, dynamics are changing and so are the relations with the clients. The contracts have become short termed with companies opting for different vendors much quickly than before. Focus has also shifted from service and solutions to strategic benefits. With the advent of these technologies, firms who can absorb and then respond quickly will take the larger pie home.

5 good signs for Indian Economy

5 good signs for Indian Economy

Indian-Economy1

It looks like the worse is over for Indian economy. One can see the days of surging economy in near future. Economics and elections are taking the markets to a new level. Experts are commenting that it might not be a short term boom and may last for long post elections. There are five good signs that is bringing optimism in Indian markets:

Sensex breaching new highs:

A few minutes back, Sensex touched a lifetime high of 22,000 before settling at 21,919.79 on Friday with a rise of 405.92 points or 1.89 per cent. Nifty also achieved a new closing high of 6,526.65 the same day. 149 stocks touched their 52-week high on the BSE. It’s like a Euphoria at Dalal Street. Market is going berserk. Stocks are reaching their all-time high levels. A sustained mark of 24,000 can be a reality soon.

Appreciating Rupee:

After dipping to 69.225 vs Dollar, Rupee can be seen surging again where it reached its 3 month high level of 61.07. With higher net imports in our country, surge in the value of Rupee is a good sign for the industry. Though it led to 5% decline in IT shares, yet, overall industry went booming.

Return of FIIs:

Foreign institutional investors (FIIs) have pumped money back into the Indian markets. Last 15 sessions alone witnessed investments worth $1 billion in India. Sentiments towards Indian markets is improving. There is a much greater faith in the way the Indian economy is being run now as compared to many other emerging markets.

Lowering CAD:

Though our GDP growth rate is estimated at a lacklustre 4.7%, still a growth turnaround seems to be a good possibility now. Curb on gold imports and higher interest rates which has kept inflation in check have finally paid out. Pro-active measures by RBI led to a CAD of 2.3% of GDP for April-December period.

Chances of a Stable Government:

Though people’s sentiment say that the chances are bleak, opinion polls indicate that NDA is likely to get more than 200 seats in the Lok Sabha elections with UPA coming out as a distant dreamer getting only 140 seats. Analysts are predicting that a NDA-led government would turn out to be a heaven for the markets and the results are already visible at the stock market. It is possible that

India will no longer be a country of ‘Policy Paralysis’ if any party gets a clear majority.