Personal loan for Ambani!

What could be the best example of growing dynamism of the modern day enterprise? Any guess?
Imagine a Sales Executive of a private sector bank persuading Mukesh Ambani — the Chairman of the Reliance Industries Limited —to take a personal loan.

Recently, Mukesh was attending a function in the Capital city marking the release of a book written by the former Revenue Secretary N K Singh.  The function was followed by a panel discussion on dynamism in private sector.

Illustrating the growing phenomenon of dynamism in private sector Mukesh narrated an anecdote.  He said recently he had gone to watch a movie. During the interval a sales executive  approached him. He explained to Mukesh why he should go for a personal loan.

Not only that, the sales executive assured Mukesh that he would get the best deal for him. “Such is the dynamism of private sector,” said Mukesh with a chuckle. Incidentally K V Kamath, Chairman and Managing Director of ICICI Bank—country’s largest private sector bank—was sitting next to Mukesh. Someone from the audience asked: Was the sales executive from the ICICI Bank? Mukesh ducked the query. “I will not name the bank,” he said with a smile.

Aditya Raj Das

MVR in the run for CM?

Much has been read into Union Minister M V Rajashekharan’s separate meetings with Karnataka CM H D Kumaraswamy and JD(S) supremo H D Deve Gowda. In the backdrop of the question marks over the future of the JD(S)-BJP coalition in Karnataka beyond October 2 when Kumaraswamy is required to hand over the chief ministership to a BJP nominee, it has been inferred that there could be moves to revive JD(S)-Congress alliance.

The political grapevine has it that the JD(S) might be luring Rajashekharan with the CM’s crown to build support within the Congress in favour of reviving the JD(S)-Congress alliance. After all, the JD(S)  is perceived to be at least seen to be widely publicising such an initiative with a view to building pressure on the BJP and possibly with the plan of extending Kumaraswamy’s tenure at the top beyond the agreed 20-months. 

However, ask Congress leaders from the state. If you thought Rajashekharan is “planning” a political move, you are wrong. As Minister for Planning, his job is not political planning; that is the job of the party leadership. “I am sure he has discussed issues relating to the state’s development since, as Planning Minister, is in a position to help the state and he obviously wants to help his home state, ” says a prominent leader.
Any takers for this?

K Subrahmanya