India Inc. will prosper..but not India

FT´s Hugh Young had this article to express his optimism on India Inc. http://www.ft.com/cms/s/0/4f8ebac2-3108-11dd-bc93-000077b07658.html. As the article heading itself makes clear positive view while looking at India Inc. But can India also share the same future as the India Inc. Well I doubt. There is a big disconnect between India Inc. and India. (BJP party knows it well from the last election and in all probability the present government is also aware of this. In this article http://www.ft.com/cms/s/0/256c9760-2c0c-11dd-9861-000077b07658,dwp_uuid=89fe9472-9c7f-11da-8762-0000779e2340.html Satyam´s head  is so much pleased with a weaker Rupee. I am not sure whether he gave a single thought about the link between the Global Oil Prices and the Indian Currency. Of course he is not paid to think about India. So who is going to think about India. Not the political parties. Since the loss of the PV Narisimha Rao´s governement nobody stood one their own and often had to bank on third parties whose interest is more to protect themselves and gain political milage rather than get things done. And now all the inflation (partly imported along with the the fall in dollar to protect the few cyber coolie companys) is going to make sure that economy is one in  the spotlight. For the spiralling wage inflation, global credit crunch  are going to force India Inc. to use all their competence and then they are going to realise India also needs to prosper and not just India Inc.  Probably Hugh Young needs to be reminded that inspite of their earning surprises, India Inc. still has very high P/E and India has the highest deficit.  

 

 

Hillary Clinton – Beaten by the Media or by her friends??

Well , now that Hillary Clinton has finally given, one wonders what went wrong. That she was not accessible was well known fact. The liability of an aging Bill and his shadow on Hillary was also expected. Means it did not change since the last 16 months. She won all the key democratic states. She won all the swing voters states which the democrates need to beat a republic man. Whereas most of Obama wins are in republican states. He will really need to work on to get the backing of the key states he did not win. He was protrayed as elite more than Hillary. So why did Hillary loose?  Some say it is gender and some say it is all the mistakes she made.  The first one I would dismiss right away. The next one…her mistakes can easily been explained as just one in a many statements she made each day. These can be easily excused. 

Clue to this mystery is that Hillary almost always did better than what the polls said. She always defied the odds when she won. The main reason was that her support was more outside the media world. The world not accessible to the media or not interested in the media. Well this came up many times during the campaign there was an unfair treatment . Obama always was the media´s darling.  It appears to be a mutual love affair.

The other reason was that entire democratic establishment was against her. No idea why.Kennedy, Kerry and host of others more or less threw their weight behind her. I still remember when in one of the debates Hillary looked up at John Edwards while attacking Obama expecting his support. But then John Edwards came up attacking her along with Obama.

Even though I think that it is a gross failure of someone aspiring to be a president in not being able to maintain and control his or her own establishment, I feel the establishment itself was biased against her and never gave her a chance from day one. Well let us see what she does in the coming days.