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Showing posts from October, 2016

Penny Wise , Pound Foolish

I write this blog as a shareholder of many listed companies owned by Tata Sons. Leaving the technicalities and legality of the meeting that fired Mistry , here are 3 reasons why I have been disappointed with Mistry as a Chairman ... 1) Lack of Imagination - What is the one new idea that the Tata group came up with in the last 4 years under Mistry ?  I could not think of any. For the most trusted and global Indian brand operating in the fastest growing economy in the world , this is disappointing to say the least. With major economic and social transformations underway - MakeInIndia, Digital India, Swach Bharat etc, Tata's point of view on these transformations is not even known. 2) Managing Balance Sheets - Last 4 years has been about managing balance sheets to look pretty. It looked like a bunch of glorified accountants had take over. Every move seemed to be based on some excel sheet modelling than what customers wanted. 3) Staying true to Tata's purpose - Tata business...

Pakistan's Twin Trojan Horses

India has fought 4 wars with Pakistan. From a military standpoint , India has comprehensively beaten Pakistan every time. We marched into the heart of Pakistan, had a big part of their army as POWs. But we could not convert these 4 spectacular military victories into a meaningful outcome for India. Our political leadership has been so weak that they snatch defeats from the jaws of military victories. We ended up conceding land to Pakistan after every victory. Fact is that the land mass of India has shrunk by 40% since the British arrived while our population has multiplied. Till 2016 , Pakistan freely attacked us at will , mocked us at international forums. India was more interested in sacrificing its own interests to uphold values of peace and humanity. We were a soft and a weak state. The surgical strikes has changed the entire geo political landscape. For the first time the political leadership took the initiative. Taking Pakistan head on , India marched into Pakistan,  t...