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Wednesday, June 11, 2008

Improving India's economy one name at a time

One can't deny that ever since Bombay's name was changed to Mumbai in 1995 India's economy has boomed. The Mumbai change was followed by Bangalore to Bengaluru, Calcutta to Kolkatta, Madras to Chennai and a few others, all of which has undoubtedly contributed to Indias 10% annual GDP growth.

Now that Oil has gone over the top and the world economy is on the rocks, it's time to release some important strategic name reserves and make some important name related changes to shore up India's economy and ensure we do not miss our 10% target this year:

Orissa changes to Odisha
&
from now in Mumbai all nameboards have to be in both English and Marathi.

Both these important changes were passed by the respective state governments after debates in governing houses. I am so glad our politicians are doing the right thing and ensuring that the people live well and the economy keeps running.

Sunday, May 25, 2008

When India attacks India

It's bad enough that India's borders are being constantly attacked by Pakistan, China, Bangladesh, etc; and the secret service outfits of these countries have also created militant outfits within India that keep setting off bombs every few months.

What is even worse when Indians attack themselves. Everyday the media is filled with news of how some political or semi political outfit went violent and attacked people. Just today the story is about the Gujjar community in Rajasthan attacked people, police stations, blocked highways and dug up railways tracks. Lots of people lost their lives as a result, 1000s were injured, lots of economic damage was done and people are generally in a state of fear.

Another story today is about political parties in Mumbai, namely the Shiv Sena & the MNS are attacking North Indians and destroying property. They beat up so called North Indian taxi drivers for immigrating to Mumbai and destroyed these poor people's taxis and even killed a few. Then they went around destroying museums and commercial establishments because they had the word "Bombay" in their name.

This is happening with total and complete disregard for the law. My view is that if you are unhappy with something, goto the court and complain, but don't resort to destruction and violence. When the very political parties that are supposed to govern do this, it speaks volumes of the state of affairs of our judicial system and the liberties of the common man: there is virtually no justice in India !

India, please stop attacking yourself.

Saturday, May 17, 2008

Why the US needs to lower taxes and attract foreign investments

With 30% Federal Corporate Income Tax, 10% Sate Corporate Income Tax, and in the case of New York City, another 10% City Corporate Income Tax, and with Sales Tax of nearly 10% in most states, the US is one of the most tax intensive countries in the world.

Which is a shame, because it fabulous infrastructure, highly qualified workforce, huge capital markets and large domestic market the US is one of the best places to set up a global head quarter. A company could base it global HQ in the US and cut short by many years the time it takes to grow.

But these high taxes come in the way, so instead companies want to locate the corporate head quarters in Dubai, London, Gibraltar, or are agnostic about where they locate their headquarters.

With the diminished role of the US Dollar as the world's reserve currency, the US has seen since June 2007 reduction in monthly Government Bond purchases by foreign nations from $300B a month $80B a month. This has sucked a lot of low cost liquidity out of US capital markets.

To compensate for this reduced liquidity, the US needs to go all out to woo foreign companies to shift their global headquarters to the US. And the best way to do this is to cut taxes drastically and even go as far as giving 20 year tax holidays to any businesses over $5M turnover that relocate headquarters to the US.

With businesses relocating to the US, investments will follow and the US should easily be able to compensate for the low cost $220B it is losing out every month.

Friday, May 02, 2008

The unreal world economy

Oil is at $110 a barrel, yet the price of petrol and diesel hasn't gone up in India the last 3 years. Since a year back, oil has doubled from around $60 to approximately $110 today. Yet, I am paying the same in Rupees for my petrol as I was last year.

How is this possible ?

The price of petrol is being artificially maintained. India's 3 large petrol and diesel retailing companies, all state owned, are deep in the red, their combined debt has mounted to over $2000 Billion !

This is being done to keep people happy, to keep prices from going crazy. To ensure that people can go on living and there are no major disturbances in towns & cities.

But this is not sustainable. How long can the oil companies go on borrowing? This is madness.

The price will have to correct and when it corrects by doubling, cost of food, transport and electricity will go sky high. A majority of people's incomes will go towards simply meeting these costs and people will be forced to reduce spending on new homes, new cars, new tvs, holidays, clothes, etc. The economy will come to a screeching halt.

This is not just an Indian problem, this will be a world problem. The cost of the basics is likely to go so high that people are just not going to be able to afford anything else.

Unless, the world once again gets a new source of cheap energy, quickly.

What can that be? It can only be Nuclear & Coal. I think the planet should start going Nuclear on the double. There is no more time to waste deliberating if it is good or not, it is necessary. Coal fired power has already started, all recent power plants coming up seem to be coal based.

But can all this happen fast enough, or is the planet going to be caught napping and we will end up with 7 to 10 very hard years. Well, we'll find out in early 2009 by which time oil should have crossed $200.

Wednesday, April 30, 2008

Google: Don't be STUPID and ARROGANT

Here is a Google horror story, and it's happening to me. Suddenly while using my email in the middle of my work day, I get the message that "Your email has been locked down for 24hrs due to illegal activity". This is not my ordinary email, but my Apps email.

I read all their reasons for the LOCKDOWN and I was in violation of none of them. I am using no 3rd party software, not using 2 machines for the same account, not sending spam, nothing. Yet it happens.

Google is so sure of their technology that they believe they are 100% right when it comes to taking severe & damaging action against a user.

The best part is their support form does not even contain support for Google Apps email. You have to fill in your gmail id in "what if your email id", so I am not even sure if their customer service centre guys will understand what is to be done.

Google, I can tell you that you are sure to lose me as a customer and my whole company if this issue is not resolved quickly and keeps re-occurring.

Update: Google resolved the issue within 30 mins of the lockdown; not sure if this was due to the complaint I filed, or if it is auto-programmed into their system.

Saturday, April 19, 2008

Back to IE & loving it

After spending years with FireFox, I never imagined I'd move back to IE. But with all of FF's memory leaks, which seemed to grow with each release, I moved back to IE 7. And what a relief. All the same functionality, none of the misery. It's a shame that FF couldn't resolve this issuse, which may happen with FF 3....

Monday, April 14, 2008

Getting brand right

Getting brand right is the differance between just doing business and doing profitable business. If you don't get your brand right, if it isn't unique, the you are likely to spend a vast amount of money on being just another brand and thus you don't make any profits.

Here is a long but great presentation on how to get your brand right.



Here is another on how to get Luxury Branding right

[image]

Monday, March 10, 2008

Tips for startups

Reposting this from my original post in VentureWoods

There is an interesting post doing the rounds on the blogsphere which talks about 17 tips for startups.

Most of these tips apply to the US, but some are universal, and the one I like the most: fire employees who are not workaholics. I totally agree with this one and strongly recommend that every startup apply it. You don’t need a big team, you need 2 to 3 people working 18 hours a day, 7 days a week with no vacations. Find them and keep them.

Anyway, that post was followed by a Techcrunch post, which was a startup not too long ago and the founder had his own advice.

If you have any additional advise then do share here in the comments section.

Here are some of my tips:
1. Try and outsource as much as possible. You may not be able to recruit great people because you are a startup, but you will find fantastic entrepreneurs who are available to work on your project in an outsourced capacity.

2. Cash is a very scarce in a startup. Try and do equity deals with outsourced companies, this will bring down your costs. You will be surprised how many are willing to take equity if they like your idea

3. Don’t recruit employees. Recruit co-founders. The best people no longer want to work for companies, they want to own them, so recruit co-founders. You will be amazed at the quality of people you get, far better than if you advertsied for employees. You will need to give them some stock, but that can come from the ESOP pool. Goto www.salary.com to see how much you should set aside for ESPOS

4. Drive the costs down of everything. Don’t be shy of bargaining.

5. Work like crazy, don’t relax, get everything done at 5 times speed. You will run out of money faster than you think. You customers will come later than expected. The only chance you have of beating the system is keeping costs low and working faster than money runs out.

Friday, October 26, 2007

Will housing trigger Iran war?

Sub Prime is a huge mess; and housing prices are down and are likely to keep going down. The forecast of the US economy growth rate of Q4 this year was recently downgraded by Maroeconomic Advisers to 1.6% from 2.7%

A US recession appears on the way.

Each time there has been a housing crises, the US has slipped into recession, except 2 times: 1951 and 1967: Korea War and Vietnam War. Defense expenditure triggers the money multiplier which pulls an economy out of recession.

Will the US goto war in Q2 of 2008 with Iran to pull out of recession?

Wednesday, October 24, 2007

My 3 other blogs

You've probably noticed that I have posted anything this month. That's because I have been busy with 3 other blogs which I have been contributing to both in content and in strategy for growth.

Flora2000's Blog. This is the blog of my company. The blog keep customers and suppliers uptodate with what Flora2000 is upto behind the scenes. For example, we recently participated in a large trade fair in Florida, so all the pics and details are posted here

GoSmellTheFlowers.com/blog. This is a community of people who are out to inspire people to look beyond their cubicle. We post and discuss various offbeat happenings in the world and have a whale of a time. Check it out, its sure to bring a smile to your lips.

VentureWoods. This is the hang out for the Indian start-up community, with both entrepreneurs and investors featuring as contributors and commentors. We have recently been having a very interesting discussion about whether VCs should invest in companies earlier.

Blogging is a terribly exciting place and I'm taken in by it 200%. I'm visiting BlogWorldExpo in Vegas on 8,9,10,11 Nov so if you're gonna be there, leave me a comment to this post and we'll get together.

Sunday, September 23, 2007

Why Indian stocks will double in 40 months

Everyone seems constantly amazed at the high speed rise of the Indian stock market. Not me. The reason is very simple: the base is still very small. As I pointed out in my posts earlier when you look at the actual numbers of everything in India, its still minuscule: 250 aircraft (how hard to double that?), 15M Internet users, 100M credit cards, 100M cell phones (we have a billion people, so long way to go, I would say 300M in 8 years is easily achievable), etc.

I can easily see the Indian market at 32,000, double of its current 16,000, in under 4 years. Sure there will be a few downs, but the steady and continuous growth will happen. I would only start worrying after the market has tippled, indicating that the base has also tripled, that will make growth tricky to manage because it will require lots of efficiency, innovation and skill.

Belgium's new national airline: Jet Airways

Thanks to some good old mismanagement and corruption, Sabena, Belgium's national airline, stopped existing in 2001. Leaving Belgium with no major airline flying international routes.Thus making Belgium a rare 1st world country with full fledged national carrier.

Along comes ever expanding JetAirways fueled by massive demand from India and manages to make Brussels it's European hub. A first by any airline from Asia. From here JetAirways will send flights to all over India: Bombay, Delhi, Bangalore, Hyderabad, Chennai, etc and will also connect major cities in North America New York, Toronto, Chicago, San Francisco, etc.

Further Jet Airways forges a tight alliance with Brussels low cost carrier, Brussels Airways, which flies all over Europe. Creating a perfect hub and spoke system for connecting all of Europe with 2 important regions: India & North America.

This gives Jet Airways the same power as a European national carrier like Lufthansa or Swiss Air or KLM. Truly remarkable because all over the world the airline industry is highly protected and international airlines cannot set up a base. The commercial implications of this for Jet Airways can't be imagined and will be felt very deep into the future. Jet Airways, Indian government and Indian business will be able to capatalise on this in many ways and Belgium is sure to become India's beachhead into Europe.

I would even argue that Jet Airways is better positioned than Lufthansa or KLM to reap benefits from having a European hub, because Brussels has fantastic train connections to London (under 2hrs by Eurostar) and air connections into Africa where the French and Belgians were active colonists.

To begin to understand this, one has to look at the numbers. To start with, by Dec 07, Jet Airways will operate 10 flights a day from Brussels. This will soon be stepped up to 35 flights a day. Brussels Airways operates over 90 destinations out of Brussels which are now tightly connected into Jet's flights. Simultaneously, Jet Airways is making arrangements to operate daily flights from Brussels to Shanghai, Dhaka & other Asian destinations. When those come through, its going to be even more flights out of Brussels. The target is to soon handle 1 million passengers and 60,000 tons of cargo out of Brussels.

How much can Jet Airways grow from here? Last year Lufthansa handled 55M passengers and in 2008 this will go upto 60M. There is absolutely no reason why Jet Airways cannot grow into an airline of Lufthansa's size, especially since it now has 2 hubs: India & Belgium, something which even mighty Lufthansa does not have.

There is one small problem: Belgium may break up into 2 states as the Dutch and French speaking population can't seem to get along. This will cause all kinds of economic difficulties for Belgium and may cause Jet's careful plans to spin out of control.

Tuesday, September 18, 2007

The 9 year life of an Internet application

Ok, I'm quite over Facebook. I think their killer feature applications with feeds has actually turned into the latest form of spam. My feed is full of junk and nothing useful.

On the plus side I am connected with tons of friends and I never have to worry about losing contact. But that's about it. Status is passe, because everyone's updates are so boring. Photos is passe, because have ODed on them. Wall is still OK and good way to notify the whole gang.

For the last few months I have been using Smallworld. And now everytime I meet the slightly older, slight better off individual, they automatically ask me "are you on Smallworld". Not a word about Facebook.

Its not just the exclusivity of Smallworld that's appealing. Its the trusted opinion. If Facebook users rate a nightclub, you're never sure what its all about because the users are such a mixed bag; but if Smallworld users rate it, you can be sure that its more or less in line with your tastes. Ditto with questions and answers. Ask a question and Smallworld answers tend to be normally what you're looking for.

Is this the beginning of the end for Facebook? Could very well be. Smallworld will be the 1st community catering to high end lifestyle needs and a small but important group will split from Facebook to Smallworld. Then we might find that another community catering to under 21 with lots of gaming breaks off another chunk from Facebook. And so on.

The splitting off phenomena is known as divergence. As a product matures, new products emerge catering to a more specific group within that user base. In the old days this took decades, but in rapidly moving Internet times, the cycle is down to 9 years:

Year 1 - 3 Product emergence
Year 4 - 6 Product's best years. Emergence of new divergent competitors
Year 7 - 9 Product's decline. The rule of the divergent competitors
Year 10+ Product stays and can be kept profitable, but its difficult.

Moral of the story: Best time to launch a new product, when the competing product is doing its best. Needless to say the new product must be divergent and highly innovative.

Friday, September 14, 2007

Britney Spears and Filmfare awards

The papers this week were full of the horrible and embarrassing performance that Britney Spears put on. So when I received a link in my email to check out the video, I couldn't resist.

I watched the whole video and kept search for the embarrassing moments when Britney was awkward and made a fool of herself. There was nothing. Then it struck me: Aah, as per International standards she was plump and a bit out of tune, just a teeny weeny bit. But I had been watching Indian live shows at things like the filmfare awards where all the actresses are FAT and completely out of sync and wear the most ghastly clothes.

If this was India and this was Britney's performance, it would have been hailed as the greatest Indian live performance ever.

So its Indian standards vs US standards; and its only when you watch US standards impartially do you realize how low Indian standards actually are.

Monday, August 20, 2007

The world wants to fly to India these days

Cheapticket's blog says "seems the world wants to fly to India these days" and announces that Delta is offering low fares of around $1200 return from anywhere in the US.

Delta was the 1st airline to fly New York - Bombay direct, though the 1st to fly direct to India was Continental into Delhi. Now Air India has joined the fray flying NYC - BOM direct and will so offer a direct from Delhi as well. Add to this Jet Airways direct to the US (2 hr stopover in Brussels but same plane) and Toronto and suddenly there is a surge in capacity to the US. This is reflective of the rapidly growing relations between the US and India, be it strategic, business or personal.

I recall I also read that a San Francisco - Bangalore direct is coming up as well.

In a year, the seat capacity between India and the US is likely to double. Imagine that: 60 years work in 1 year!

Sunday, August 19, 2007

India Reality Check 3: no legal recourse in India

Yesterday's newspapers carried stories about a political party in Bombay rioting and burning vehicles; the papers of the week before carried stories of another political party's leaders physically attacking a female author. Everyday there are stories of these kind of serious criminal offenses with no action taken against them.

On the civil side its even worse. Every business knows that it is impossible to enforce contracts in India as it just takes too long (15 - 20 years). And every Indian knows to never ever take on any government official or body through the legal system because they will do all kinds of nasty things to you using the government machinery (tax raids, police lockup, etc).

In short the legal system is broken.

While there exist strong laws both on the civil and criminal side, the implementation is non existent. This is chiefly due to three reasons:

1. India has only 13 judges per million people, whereas the US has 150 per million. This results in millions of cases backlog at any given time. The average time it takes to settle non criminal cases is 20 years.

2. The judicial infrastructure is extremely weak. Many judges are not well trained and many are not provided with support infrastructure like typists, fans, desks, etc. Goto any court in India other than the High & Supreme court and you will find crowded claustrophobic rooms, where the poor litigants and even sorrier judges have to operate.

3. Judges are very poorly paid, thus keeping the better talent away. Did you know that the monthly cheque of a High Court judge is $600? I bet you can't even believe this. Do you expect the best and the brightest to apply? Or anyone to apply?

How will there be economic progress in India beyond a basic limit? There is only so much economic progress that can be achieved without a decent legal system. I think we are about to hit our economic growth plateau very soon, maybe 10 years at the most. After that growth may slow or there may even be negative growth.

The way out: private legal system. There is a great opportunity and need for a private legal system. Parliament has passed the Arbitration Act and this opens the way for a private disputes resolution mechanism. If private dispute resolution happens (and there is no reason why it should not happen) we will see massive continued growth of the economy.

Sunday, August 12, 2007

India US nuclear deal: good for Inida

Ok so India has signed away its sovereignty and will now forever remain a puppet to be tugged at by the US or anyone who supplies nuclear material. But what option did we have?

We don't have our own nuclear technology to produce energy in large quantities. All the years of research have led to a very poor nuclear program. I suspect mainly because it's government run, and like everything government run it limps on all four legs.

Oil & Gas aren't gonna last very long, especially that now the whole world is guzzling oil & gas instead of just Europe & US. How long before oil is at $200 a barrel and then runs out after that? 10yrs, 20yrs, 30 yrs maximum. What then? Solar, Hydro, Wind and other alternate energies haven't come far, so the only option will be nuclear.

Oh but what does it matter that we have given the US and others an advantage over us, anyway all their calls are answered here and all software too is made here; if they bully us too much, we'll just shut their systems down :)

What amazes me is that we got a deal at all. Why would the US or anyone else give India a special deal? They know that we need nuclear and can't get it. The obvious answer is that the great game is being played between the US (including NATO), Russia and China, and India is an important win.

For India it great news, we are in the US camp, a nation we can relate to and do business with. Good move by Indian politicians for once.

India reality check 2: 13.5% is the current rate of home loan interest

Yes you've read the headline right, 13.5% is the current fixed rate at which you can take a housing loan. And many are doing it. This means the smallest slowdown in the Indian economy and salary growth slowing down will cause a lot of heartburn to a lot of people and the default rate will be huge.

People in India are going crazy taking loans because till 7 - 10 years ago it wasn't easy getting loans; and since the economy has been booming last few years, they haven't been hit.

Saturday, August 11, 2007

India reality check 1: less than 250 aircraft in India

For all the hype surrounding India, the fact is that all the airlines and private owners of aircraft put together do not have more than 250 planes on lease or ownership.

Air India has 50 60 aircraft Indian Airlines about the same Jet Airways around 40 all others together couldn't be more than 50 so its not even 250.

There are airlines in the US that each own 1000+ aircraft. Go figure what the India boom is all about.

Your thoughts?

Sunday, August 05, 2007

MyPictr.com - great way to create profile photos

See this nice photo of mine on the right? Its thanks to MyPictr.com. Earlier, I never bothered uploading any well cropped profile photos because it was just difficult and the results were poor. MyPictr.com however makes it super easy to crop your photos cause it has a neat zoom feature (you'll understand when you use it). Go get it.

(Almost) Bullish once again on India Internet

Read today morning in one of the dailies that Reliance now has 5000 WiMax customers in Pune. Which by Reliance standards means 5000 very angry people. Jokes apart, this is good news for India, because lack of last mile has held back the Internet all over the country. Lets hope WiMax succeeds.

Also found this very bullish report on India, showing what the sentiment in the US is about India: http://www.pennysleuth.com/rpt/InvestingInIndia.htm

What do you think about India's future? Do you think that Indian will overcome it's severe infrastructure handicap to maintain its 9% year on year rate growth, or do you think things will slow down, even crash?

Friday, August 03, 2007

The Govt of India: god save the Internet


Yes that picture above is of the website of the President of India on 2nd August 2007 (rather 3rd August 12:51am), which has been down since last night. Why? Because it rained in New Delhi and the building that hosts all government websites (known as National Informatics Centre or NIC), such as defense, income tax, President of India, Prime Minister, Railways, and 3000 other government websites, flooded and had no back-up or proper disaster recover system except for the neighborhood bucket shop...

Now we really know and how serious the Government of India is about the Internet. So much for their announcements of 100 Million broadband connections by Dec 2007 and WiMax across India.

Friday, July 27, 2007

US trip in pictures

Was on a quick trip to the US last week, covering New York and San Fransisco in 4 days and weekend. The US is a changed place since my last visit in 2005. The mood is upbeat, the paranoia with security is lower (airports are more relaxed), everything has a nice resurgent energy about it with airlines looking brighter and staff friendlier; and the economy is doing well.

Sunday, July 15, 2007

Alright! 120 posts up

Ok I know 120 is not a traditional milestone number, but I just happened to realise that ITS 120 POSTS !

Started on March '06 with no mission other than to kill boredom, BombayCurry has come to be, well, nothing more than a bunch of rambling posts with spelling mistakes, grammatical mistakes, and no particular direction, but a small but loyal readership


According to Google Analytics 167 people from all over the world visited in the last one month, and nearly 1500 since the start of 2007.


What I've been most pleased about is the fair amount of photos I have been able to post here. This is thanks to my great little Sony Ericsson K750i mobile, which in my opinion has the best digital camera built in; and I mean THE BEST, because it even puts my Nikon Cool Pix to shame.

What has been most disappointing since I started blogging is that global blog readership is growing much too slowly. I blame this on the poor design of blog reading tools which in my opinion are still much too complicated to use. Blogs have remained confined to techies and savvy Internet users. All average users have no idea about how to set-up RSS feeds and subscribe to blogs. I need to do something about that...

Thanks for regularly stopping by and reading, please keep commenting....I'll make sure I post atleast as regularly as I currently do.

Bank accounts then and now

I opened my first bank account in 1989 when I joined St. Xavier's College in Bombay. The bank was located within my college itself, in a tiny room next to the Chemistry lab. It was called Corporation Bank St. Xavier's Extension Counter (Extension Counter because it was too small to be a full fledged branch). Opening the account was a 2 minute process where I wrote my name and my campus address on a small slip of paper and signed it. I was given a pass book in which all my transactions were recorded by the clerk; and I had to produce the pass book each time I needed to withdraw money. There was no cheque book for some reason.

I'd visit the bank once or twice a month to withdraw on the allowance my parents sent me. I first had to fill up a counter slip with a pen attached by chain to the counter and present it to the bank clerk, who would give me big brass token with a 2 digit number on it. Then I had to wait till my number was called by the cashier (who would be sitting inside a wooden cabin enclosed in steel wiremesh), take the cash and surrender the token.

Just as I was leaving college in 1992 the bank introduced cheque books, so I decided to keep my account there, as I didn't really need any other facilities like ATMs or loans; it also gave me a good excuse to visit my college once in a while. I have been using it ever since as my only bank account.

A month ago our company finance manager insisted that I get another "professional" account and build a "relationship" with a "good" bank, incase I needed loans; and most importantly that I should get a credit card because it was not good practice going to shops and restaurants and asking them to send the bill to the office to pay by cheque (seems perfectly fine to me).

I fell for the pitch and got very excited about getting an account; so decided to straight away get two new accounts: one with Kotak Bank and one with ICICI Bank, both of whose billboards' I could see everyday on my drive to work and back.

First I noticed that the forms were considerably longer than 1989 and they required 6 photos each, plus all kinds of ID proof. Plus I had to sign in atleast 10 places on each form. It took me a very long time to fill out both forms. I also had to open 2 accounts in each, one fixed and one savings, to avoid paying "bank charges".

My accounts opened and I got a large package from each bank with a letter from the "relationship" manager welcoming me to the bank (whatever happened to good ol' bank manager?) and informing me that I was eligible for all kinds of privileges and facilities, from holidays in Taiwan to emergency cash anywhere in the world.

I also got my credit cards, atm cards and a variety of privilege cards

Then the phone calls began.

In the middle of a meeting, a strange number would flash on my mobile and a marketing pitch would begin. In the first 20 days I must have received atleast 15 such calls, plus a few smses. If you hung up on them they would just call back a few minutes later. They just wouldn't stop despite calling the "relationship" managers and telling them strictly to stop calling me.

Finally, I let go of one of the two new banks, the one making the most calls and I am having some serious thoughts about shutting down the other one as well.

Meanwhile my banking continues with Corporation Bank St. Xavier's Extension Counter, who has never sold to me, never troubled me, never glamorized themselves; but just quietly keep doing their work. Isn't that how it should be?

Sunday, July 08, 2007

How to easily take & edit screenshots

I used to use Snagit, but somewhere in my comuter upgrades I lost my key. And because I didn't feel like paying for it again I figured out how to manage without it. Its quite easy.

1. Take a screenshot with using the Prt Scr (Print Screen) button on your keyboard

2. Open a PowerPoint slide

3. Hit Ctrl V and the screenshot gets pasted on your PowerPoint slide

4. Right click on the screenshot and use Save As to save it on your desktop

5. Goto the desktop and open the screenshot in Picture Manager

6. In Picture Manager you can crop it, resize it, covert it, compress it, etc. Save it after you are done

7. After you are through with 6, you may still want to add blurbs or make edits to the image. Locate the image on your desktop, right click and open with Paint. Here you can do all this. Save after you are done

Its all very easy and effective and free

Gspace - store files on Gmail via Firefox


If you use FireFox browser (which you MUST because it's way better than Safari & Internet Explorer), then you should get Gspace. This is a nifty little Firefox addon them equally easily. If you are working between home pc, laptop and office pc, like me, then Gspace is an absolute necessity. No more carrying (or rather forgetting) flash drives and having to email self important files.

The image above is the Gspace interface which opens within Firefox itself. On the left are the files on your computer and on the right are the files uploaded via Gspace to your Gmail account. This dash in addition to allowing storage and retrieval of files on Gmail, allows you to easily manage and maintain and synchronize all computers.

Enjoy

Saturday, June 30, 2007

Should India levy import duty on Google?

Today Hillary Clinton made a statement that outsourcing is a problem and that some tax adjustments needs to be made to keep jobs in America.

As far as I am concerned Silicon Valley is stealing 1000s of jobs from India. SV is producing products like Google, Yahoo, Facebook, this very Blogger, etc which are freely being imported over the Internet into India. These products are then being "sold" in India, with their owner companies either charging end users for using these applications or by way of Indian companies advertising on them and passing on costs to Indian consumers.

India too should then tax software imported over the Internet. If these products were being made in India, then these jobs would be India. It can easily devise a whole new method of measuring all foreign currency payments for software and media. Infact with all software & media slowly and surely being delivered over the Internet, it is inevitable that a new definition of Imports will soon come about.

Why can't politicians stay out of a domain they don't understand, instead of forcing a global trade war?

Tuesday, June 26, 2007

Web 2.0 - Now in India


VCs all over the world are proclaiming that web 2.0 is over, so what's this all about a Web 2.0 conf that you are inviting me to speak at I ask? Well it's in India my inviter explains, as if to mean "everything in India happens a few years later".

Jokes apart it was a good conf. I was really glad to hear how even giants like Citibank had woken up to the web and are consciously listening to bloggers; and they realize the pitfalls of starting hoax blogs and blogs promoting products.

Also very encouraging to hear that many publishers stated that advertising revenues in India have climbed quite a bit. Still bit too low for me, but good for the others.

Here is the webcast

Sunday, June 24, 2007

The best kebabs of the Veda


I'm in Delhi for Band of Angels' monthly investor presentation. After my work is done, my aunt takes me out for dinner to Veda, which is apparently a trendy restaurant opened by a celebrity (she didn't know who; but knowing Delhi its probably a fashion designer or a criminal, as Delhi doesn't have any other kind of celebrities). Whats the food? Indian she says. I protest! Its supposed to be very good she says defensively and almost remembers the name of the celebrity.

So we are there for our table at 9pm sharp because she was threatened on the phone that if we are even 15 minutes late our table will be given away. The decor is, well, Moulin Rouge, red and black with lots of mirrors, kitsch, Indian lamp motifs, candle lit feel. Lacking imagination, but not a bad feel, quite calming, relaxing and even trendy.

However the reason I am writing this in my blog, and why an entire post has been dedicated to it is because of the kebabs at this place. The best I have ever had, and trust me I've had 1000s of very high standard kebabs in my life. Order the Lamb Chops and the Mixed Platter and then await a divine experience. The flavour and melt in the mouth is simply the best.

Warning: While you're enjoying the kebabs, beware the Delhi "family" crowds which turn even the most upmarket places into noisy Indian bus terminals with their numerous children, crass manners and non stop arguing with waiters.

Gap opens in India, almost

GAP is here, um, not quite...its being made in India, but officially not sold in India. So what does one enterprising guy do, he opens his own GAP store with the Indian made clothes, which are naturally cheaper than those else where and appropriately calls it GAPL or Gap for Less. Well done. Its right opposite my office if you want to do some shopping.




Monday, June 18, 2007

LinkedIn profile makeover

Happened to stumble upon Guy Kawasaki's post about how its important to have a great LinkedIn Profile these days and how he gave his a makeover.

Done the same to mine.

Sunday, June 17, 2007

The art of hype

A colleague in our office recently underwent Human Factors' usability imporovement ceterification. She proudly published the link to her certificate on MSN Messenger.

A software company in Bangalore that I was dealing with was very excited about their Human Factors certification.

A colleague in the US who was part of the Flora2000 usability redesign team in 2004 also went thru Human Factors training and told me how her market rate has increased.

And recently the no. 1 newspaper in India, The Times of India, proudly advertised their newly redesigned website in their print ed
ition boasting how good it was and that Human Factors had redone it.

Want to rush in for Human Factors' training?

Hold on.

Now the fact, the sad fact, is that Human Factors' own website is extremely poorly designed, something that both my colleagues who underwent the course agreed. The Times of India is also a very poorly de
signed site, cluttered and with space wastage. Ditto with the company in Bangalore whose own website at that time was poorly designed.

Look at the New York Times site and compare it to Times of India; NYT is a clean, readable site, with attention paid to details such as spacing between letters to improve readability; TOI is extremely cluttered with everything shouting: click me 1st.



Who are these Human Factor people? Well they are experts at hype. They have published reams of papers and given seminars on their usability improvement techniques, they proudly label their technique the Schaffer- Weinschenk Method after their founders and pitch it as the leading usability improvement technique in the world. Unfortunately, whatever that technique is, it does not produce stylish, uncluttered, easy on the eyes websites. Their websites all have the look from sites we used to see in 1999 - 2000 with only a focus on information rather than the readability of the information.

This is what happens when you fall for hype instead of using your common sense.On one side is Human Factor's own poorly designed website and their poorly designed flagship projects: Staples.com; TimesofIndia.com, etc, on the other side is their own hype about how good they are. And you go fall for the hype.

Tuesday, June 12, 2007

Look at what we have done


You wanted it, you got it: prosperity. You evolved as a species and developed your mind, thru this mind you developed yourself, you developed your race, you upgraded your living standard. Now you don't have to be insecure anymore, now you don't have to worry about the wind outside, or diseases affecting you. Your future as a banker, lawyer, manager, entrepreneur, scientist, professor, model, actor, singer musician et al is secure.

But look at what you have done.

You have destroyed the poor innocent speechless creatures around you, you have orphaned the trees and the beasts. You have ruthlessly exploited them and thoughtlessly used them as entertainment and to serve you.

Here is the story of a small baby elephant called Laxmi, in this so called great world of ours, in this so called great country, where 100 million IT engineers bloom and everybody speaks in high fly intelligent speech using words like processes, disruptive, model, evolved, etc. This baby elephant has been a slave captive from the day it was born, it was taken away from its mother and its siblings and kept in chains.

But a baby is a baby, so at 4am while all of Mumbai (Bombay) slept, this baby bound in chains, got the urge to play, she slowly made her way to a nearby tree and frolicked with a few branches lying by. Can you imagine it: born a slave in captivity, with no mother, living in chains, and yet having the urge to play. Though we tried, we could not kill this in her, some small part of her was still alive.

No but we must not allow this to live, we must not allow this baby to have any joy. So soon enough her mahout got up and severely reprimanded her, for playing.

This my friends is the world we have built, which we are so proud off. So carry on with your ambition and your fighting and your drive and your high standard of living. Carry on with your designer car, designer house, designer clothes, your branded girlfriends and boyfriends, your high society life, your spa holidays, your Turkish carpets and your French wines...

Sunday, June 10, 2007

2.0, 3.0 and all that

Here is Orielly on Web 2.0 and how its all about "user data", quite a good listen

This got me thinking, are we still in Web 2.0 or are we moving even beyond? What are Netvibes.com, Pageflakes and iGoogle.com? They are channels, for which anyone can create content (Widgets) and these are then made available to the users of these channels.

Is this beyond 2.0? This is now no longer just about user data and sharing user data. This is about providing a channel and allowing anyone to broadcast to the audience.

This has been happening in a chaotic fashion the last 3 years with widgets on MySpace and the like, but now when it happens in an organised fashion, deeply integrated with the channel, then we move onto a whole new era....

all hail 3.0

Sunday, June 03, 2007

The $22,000 Leopard Cat

A breeder in California (where else) has bred a cat by crossing African leopards and with a cat. The result: a domestic cat with the print of a leopard/cheetah. Click on the image below to visit their webiste and order one for yourself.