Tuesday, April 28, 2009

Hyderabad : The City With a Hallowed History

It’s depressing. It’s depressing when I hear some of my friends boastfully declaring that they do not read other’s blogs! But I will be happy if at least a single sole read this piece, whatever shit it might be, and relate to my way of looking at things. Anyway, it’s not the craving for readers’ appreciation that enthuse me to write. Rather, it’s an inexplicable array of random thoughts engaged in Brownian motions inside my brain wanting expression and shape, which compels me to crouch over the keyboard.

Friday, April 17, 2009

Financial Crisis Could Hinder Innovation (based on an article by Joshua Gans in MIT Sloan Management Review)

Joshua Gans, professor of management (information economics) at the Melbourne Business School, University of Melbourne expresses an important concern in his resent article titled "A Dearth of Exit Strategies" published in MIT Sloan Management Review – while governments across the globe are busy doling out stimulus packages to rescue corporate giants from the financial gutters they have fallen into, the small innovative technology start-ups are being left out in the lurch. This might have significant consequences in the longer term; say 10 to 20 years down the line. The crisis would cause slowing down of the economy, GDP plummeting a few percentage points, increase in un-employment etc but only for a couple of year or so. But if technological invention and breakthroughs, research and development slows down due to the downturn now it might wreck havoc in the foreseeable future.

Tuesday, April 14, 2009

Security galore everywhere in Hyderabad

After the serial bombing here a couple of years back and as a precautionary measure in the aftermath of last year’s Mumbai terrorist attack, Hyderabad has beefed up its security in almost all public places. We had had a first hand experience of this (frenzied) frisking last Sunday as we visited some, somewhat famous tourist spots around Sikh Village (where we, the interns of IIM Calcutta and Lucknow are staying).