7 december 2015 taking stock 7 business books · a hot topic for us presiden-tial candidates,...
TRANSCRIPT
melange“You cannot open a book without learning something.” — CONFUCIUS
A number of Bollywood stars recently walked the red carpet in style
Stick to business is a fine motto to live by. Like Sussanne Khan and Nisha Jamvwal appear to be doing. Some months ago, Khan found herself replaced by Jamvwal. Developer Mudhit Gupta revealed that he had replaced Khan with Jamvwal to do the landscaping for a luxury villa project in Goa, because of what he termed as the “delay” that Khan had caused to the project. Khan, in her defence, said that Gupta owed her money and “found excuses to terminate my contract to get the work done cheaper”. Jamvwal told ETPanacheat the time that she was unaware that she replaced Khan in the project. Still, looks like the two aren’t letting the incident get in the way. They are seen here together at an exhibition recently with Dr Mukesh Batra. Life goes on, as they say.
A round-up of those whose worth went
up or down over the weekend
TAKINGSTOCK
Sunil SoodCEO, Vodafone IndiaUpThe mobile network operator invested close to `500 crore this fi scal to improve quality of services in the National Capital Region and New Delhi.
Manoj BhargavaUpThe Indian-born American billionaire unveiled ‘Free Electric’ — a stationary cycle that when peddled for an hour can meet a household’s electricity needs for a day.
Juan Angel Napout
vice president, FIFADown
Two vice presidents of the world football
governing body — Napout and Alfredo Hawit — were
banned from the game after being indicted on
racketeering and
bribery charges.
businessinsider.in
1Rise of the Robotsby Martin FordTech entrepreneur Martin
Ford in his book takes a hard look at how t he robot revolution is affecting the devel-oped world. He declares t h at gov-er n ment s and compa-nies need t o t a k e preemptive
action to avoid a job crisis some-time in the next few decades.
2Private Empireby Steve CollColu mbia Jou r na lism
School dean and former New America Foundation think tank CEO Steve Coll has written the definitive book on ExxonMobil, which covers the years 1989-
2010 — from the Exxon Valdez spill to the Deepwater Horizon disaster, detailing the ways that ExxonMobil has expertly navi-gated a complex web of politics and business to reign supreme.
3China Shakes the Worldby James Kynge This book by James Kynge,
the former bureau chief for the Financial Times in Beijing, took the 2006 award for being a thor-ough introduction to the rise of China from its Maoist days into a global economic power.
4Capital in the Twenty-First Century by Thomas Piketty
French economist Thomas Piketty’s 700-page investigation of income became a bestseller and media staple, with passion-ate opinions for and against Piketty’s conclu-sion that inequal-ity levels are at dangerous levels around the world. He remai ns a standout figure in the debate sur-rounding what to do about dan-gerously high income inequal-ity, which is now a hot topic for U S p r e s i d e n -tial candidates, Democrat and Republican alike.
5Lords of Financeby Liaquat AhamedSemi-retired investment
manager Liaquat Ahamed’s
P u l i t z e r P r i z e -winning Lords of Finance tells the sto-ry of how the heads of the Central Banks of the US, UK, France, and Germany made a disastrous attempt at steering the global economy in the wake
of World War I, and how their ac-tions ultimately led to the Great Depression.
6Fault Lines by Raghuram Rajan
The current gover-nor of the Reserve B a n k o f I n d i a , when he published Fault Lines in 2010 was a professor at the University of Chicago Booth School of Business.
In it, he argues that there were causes of the financial crisis that went deeper than where most conversations at the time were going — income inequality, trade imbalances, and the clash between differences in the finan-cial systems of countries like the US and UK compared to those of China and Japan.
7The Everything Storeby Brad StoneAmazon is one of the largest
companies in the world, with a market cap of roughly $322 bil-lion, and its founder Jeff Bezos has an estimated net worth of $59.4 billion. Bezos may have started Amazon in 1994, but be-fore journalist Brad Stone’s 2013 heavily researched book chroni-cled the company’s early years and its intense work culture, much of it remained unknown.
7 business books for everyoneA list of insightful and entertaining business books that led conversations at the time of their release and had the most potential for effecting change
Amidst much fanfare, sur-veillance cameras for Mumbai city were launched last week. Unknown to esteemed guests at the event, these were some col-ourful visuals, caught silently by a roving eye.
Seat of powerNever one to miss an opportu-nity, BJP’s Shaina Chudasama abandoned her corner front-row seat for a chair along the aisle. No doubt it was a happy coincidence that the seat Chudasama rushed to (vacated by chief secretary Swadeen Kshatriya), happened to directly face Chief Minister Devendra Fadnavis, who was seated on stage.
Thought policeA moment that caught interest was when thanks were given to those who made the project a reality. K P Bakshi, additional chief secretary (home), singled out former Police Commissioner
Rakesh Maria’s name for men-tion — in the presence of present Police Commissioner and host for the event, Ahmad Javed. Given the nettlesome past, some invitees wished for a camera inside Ahmad’s head just to see what he was thinking.
Caught undercoverAmusing was the exchange between cricketer Farokh Engineer and Maharashtra’s DGP Praveen Dixit. Dixit inno-cently took the seat previously occupied by Engineer. At this, Engineer, Dilip Vengsarkar and Karsan Ghavri, engaged in con-versation, panicked, prompting Engineer to hurry towards Dixit asking him to vacate the seat. Dixit willingly obliged. But fi-nally, it was Dixit who stumped the ace wicketkeeper-batsman. Having discovered the identity of the evictee, Engineer, ever the good sport, made amends with a friendly apology.
separated@birth
Jeff Bezos, founder, Amazon
Bezos space is his game, Spacey is his name
Playing I-spy at Mumbai’s CCTV project launch
:::::: tux and luxe
RED CARPETKNOCKOUTS
It promises to be an electrifying night with one of the world’s top DJs, Hardwell, performing in the city on December 13. But what we were struck by was the charity show’s huge guest list. Two of
the names that stood out are businessmen that,
we didn’t think grooved to EDM. Bharti Airtel head Sunil Mittal and Hero’s Chairman Pawan Munjal are expected to be at the gig. We wonder whether it’s the charity or EDM
that’s made them promise their
presence.
Electronica for Mittal & Munjal
:::::: on the guest list
In and out
It all began with a paint-ing. Art collector Rashmi Jolly, who belongs to the fam-ily of Fibreboard makers Jollyboard, bought herself a Kanchan Das Gupta painting titled ‘India: 1757, 1657, 1947’ in 1997 from the Jehangir Art Gallery. The painting depicts three important eras of Indian history — the entry of East India Company, the mutiny and India’s independence. Seventeen years
after she bought the painting, Jolly, who studied history in college, found herself in the audience at a William Dalrymple show at Sotheby’s in London. Dalrymple read selected lines from his book The Last Mughal, while it
was simultaneously sung in the ghazal format by singer Vidya Shah. Jolly knew then that she had to book Dalrymple to come down to India and perform for her selected audience.
Six months later, Dalrymple will now be performing on December 19 at Jollyboard Towers, as part of a celebratory evening, followed by a Bollywood performance by Shiamak Davar’s group. “This is to launch our IT park and celebrate the birth of a grand-child and a wedding in our family this year,” says Jolly.
ART, SONG AND THE WRITTEN WORD
Sunil Mittal Pawan Munjal
(Left to right) William Dalrymple and Rashmi jolly
Vidya Shah
Kevin Spacey, actor
Sonakshi Sinha
AliaBhatt
Shah RukhKhan
Ranveer Singh
SonamKapoor
Ayushmann Khurrana
VarunDhawan
Jacqueline Fernandez
CBI’s former special director and CMD of Fourth Force K Saleem Ali (left) with Mumbai’s Commissioner of Police, Ahmad Javed
(Left to right) Sussanne Khan, Dr Mukesh Batra and Nisha Jamvwal
The Absolut Elyx Filmfare Glamour & Style Awards 2015 was held in Mumbai recently, to honour the most stylish stars of Bollywood. The fashionistas made a splash on the red carpet, while the younger stars went for the more casual and hip look. The event was also attended by Sunny Leone, Aditya Roy Kapoor, Athiya Shetty and Rekha.
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MUMBAI, MONDAY, 7 DECEMBER 2015 04