Is IPL Only Cricket ?

Indian Premier League, famously known as IPL, is now ever days a BIG DADDY of International Cricket Sports Arena. IPL, just into its 3 year of existence it's a billion dollar sports event.
Developed on the lines of Europe Football league, this subcontinent sports extravaganza has taken everybody by surprise, major investors across the globe are vying their hands to get the grip of IPL.

But where such a money is involved, it controversy cannot be left apart. After, two successful year, the third year of IPL was much more bigger. More money, more team incumbent and more important lines of controversies.

The third IPL year displayed the dark section of the sports league, it showed its not only about sports , players, cheerleaders, or simply entertainment, as marketed by IPL bigwigs BCCI and its Commissioner, Lalit Modi., but its only about money, BIG MONEY. Games are manipulated, TV rights are sold at premium rates, Bookies are involved. The third year took one politician down, multiple tax raids, considering axing IPL commissioner. So, certainly this is not an ordinary Cricket tournament,meant for entertainment, but its a big nexus between, politicians, businessmen, and somewhere underworld also.

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• Tax officials question IPL chief (news.bbc.co.uk)
• Lalit Modi on brink of axe as IPL controversy gathers momentum (guardian.co.uk)
• IPL 2010: Sachin Tendulkar unworried by allegations surrounding Lalit Modi (telegraph.co.uk)
• BCCI to go ahead with IPL meeting despite Lalit Modi objections (guardian.co.uk)

Thanks & Regards,
Mohit

Eco Friendly Cars rules 80th International Auto Show at Geneva

Today, I went to Geneva to see 80th International Auto Show. As expected, the whole auditorium was fully packed. Car lovers of all ages visited the Auto Show, from abled to disabled from old people to new born babies. From mid end brands to high brands covered the Auto Auditorium, from Hyundai, Fiat, Aston Martin, Bentley, you name the brand and the brand is there in the 80th International Auto Show in Geneva, Switzerland.

Eco friendly and hybrid cars rules the Auto Show in Geneva, every other brand in the show come up with the Eco friendly and hybrid car in their kitty. More and more car companies are investing in making their cars eco-friendly, even its appear in their marketing style also. Most of the car manufacturers now even specify the carbon content emitted from their cars. Because this time they knew that, now their customers are getting more environment consciousness, and they will never want to compromise lifestyle with environment degradation. Let's hope that in the next Auto show, they will come up with some additional sales figures of their eco friendly and hybrid cars.

Thanks&Regards,

Mohit

How important is CSR ?

Corporate Social Responsibility, commonly abbreviated as CSR, is one of the common act which is quite common across Corporate social circle across the globe. More of less every corporate house are involved in every another act of social responsibility. Some are working for poverty alleviation, Forest conservation, wildlife and endangered species protection. The biggest CSR initiative is that of Melinda-Gates foundation, who are working on bringing innovations to health and learning of global community. So, how important is CSR activity for a corporate. I think some time, it can be a marketing stint of some corporate house, in order to build a brand image among the common shareholders, in order to increase their share prices at the bourses. But most of the time, the work done by these corporates are genuine.

Any government around the globe, cannot look into each and every matter which exist in the society, it need volunteers, people, groups who can support them. Corporates are nothing but those volunteers and groups who are providing those helping hand to the government. Corporate consumes resources, so its also their responsibility to give back to the same society what they have consumed. It can be in any form, be it educating less worthy people, or working on save tiger project.

Though with such kind of activity for some time, they might shift from their main line of business, but this is necessary for the proper uplift of the society as a whole.

Thanks&Regards,

Mohit

Another Buzz in the Market

Amazed by the growing popularity of Facebook and Twitter, Google felt somewhat left out in the race of social networking. In order to compensate the gap and provide a competition to Facebook and Twitter, on tuesday, Google launches one more innovative product call Buzz. Buzz is fully integrated into Gmail, the mail portal of Google. Through, Buzz user can instantly post message their friends, share pics and perform n-number of social networking task. But, though they already have a well known social networking site Orkut, then its very difficult to understand, why they come with an other platform. The reason may be that, instead of offering a separate platform for performing social activities, they wanted to provide an integrated solution, which can easily be merged with their Gmail portal, which is used by 150 million odd customers. But I will say, its an nother Buzz in the Social Networking market, and Google has to be really be innovative, in order to create a massive Buzz, with this Buzz.

Thanks&Regards,

Mohit

2010 : year of financial revival or financial mess

First of all, I wish everybody a very Happy and Prosperous New Year. 2010, said bye to the first decade of the 21st Century, a decade which was filled with lot of financial downturns and revivals.The decade started itself with Y2K knocking at the doors, everybody in the industry thought that every system which are connected will be doomed, but Y2K surpassed, without creating much waves. But people failed to realize what coming after that, the tech bubble. The 2001-2002 tech bubble took everybody by standstill, and most of the internet startup, even some established brands, were out in the open, filling for bankruptcy.So, start of the decade, itself seen one of the biggest financial debacle.

But as the time moves on, financial stability also props into financial and banking system, but what analyst did not forecast was much bigger bubble. The bubble which did not only tore apart financial and banking stability of one country, but literally affected every country in the globe, in financial community call it as Sub prime Crisis. During these crisis, some of the world's top notch banks went bankrupt within days, which led the whole world economy into doldrums. This financial debacle raised fingers on the financial regulators and their working.

Though, by later half of 2009 things have improved quite a bit, but still its a big question, whether 2010, will be a year of financial revival or will it be again a year of financial mess. Though, people are saying, they have already see a light at the end of the tunnel, so lets wait and watch, how their prediction end.

Thanks&Regards,

Mohit Kumar

Apple Carbon Footprint

Apple is always known for his environment friendly products, even in one of the Greenpeace forum, apple was praised for its environment friendly products, and how Apple is managing its Carbon footprint.

But from my opinion, this is partially correct. In order to support my argument, just check the Apple Store at Bahnofstrasse, Zurich on Sunday evening. You will be amazed to know that, every electronic and electrical equipment in the store is working 24 hrs. Such kind of electric usage on a sunday, is certainly not an environmental friendly step by Apple Inc.

So, from my opinion Apple should again re-look at its environment friendly strategies, so that it can try to reduce its Carbon footprint, and just like its admired for its innovative products, it should also be admired for its environment friendly strategies.

Thanks&Regards,

Mohit

Business lessons from Lagaan

Lagaan, an Aamir khan production, was one of the most successful Bollywood movies of the start of the century. Apart from winning numerous accolades, and being India's official Oscar entry, it also teaches some important business lessons.

Lesson1 : Don't be afraid of challenges. Take the challenges in the full spirit, it will certainly give results which are way above expectations.

Lesson2 : In a group of people, one has to step forward to take up the leadership people, and should have the capability to convince people to take up the challenges.

Lesson3 : Never underestimate a people capability, even sometimes weakest of person, is capable of turning the table.

Lesson4 : Believe in your team, because success is not one man show, its due to contribution of each and every member of the team.

Lesson5 : Never under estimate your opponents.

Lesson6 : Keep a close vigil on the team activities, because sometimes, a small distract can ruin the success.

Lesson7 : Keep ample space to your team mates, so that they can come up with their best.

Lesson8 : Never lose hope, because this is the last thing which will certainly bring success.

Lesson9: Sometimes, Miracle do happen.ja

Lesson10 : Celebrate success with your team, as it will motivate the entire team, and help them to set future goals.

Thanks&Regards,

Mohit