NO Idea!
Son: According to the latest data from TRAI, Idea Cellular has emerged as the main beneficiary of mobile number portability (MNP). It is apparent that Idea Cellular has benefitted from the success of its “Get Idea” campaign, dad.
Father: True. Go on, son.
Son: The only other two gainers are Vodafone and BPL, dad.
Father: Go on, son.
Son: Reliance Communications is the largest loser followed by Bharti Airtel, Tata Docomo, BSNL and MTNL, dad.
Father: Go on, son.
Son: The losing companies are breaking their heads to find out the reasons for their loss. But they are clueless, dad.
Father: Go on, son.
Son: The say they have absolutely No Idea! – dad!
Father: I don’t know, son!
Drum Maaro Drum!
Son: The tax evaders in the Bangalore city are facing the music literally, dad.
Father: How come? Go on, son.
Son: The Bangalore City Corporation (BBMP) has hit upon a novel idea to make the tax defaulters pay their dues, dad.
Father: Go on, son.
Son: Those ignoring the notices are finding drum beaters in front of their homes shouting their names and the amount owed, dad!
Father: Go on, son.
Son: BBMP is said to have collected substantial amounts from some major defaulters with this unique scheme, dad!
Father: I don’t know, son!
Drum for Drum!
Son: While BBMP is said to have successfully implemented its ‘Drum Maaro Drum’ scheme, it is said to be tasting its own medicine from the contractors, dad.
Father: Go on, son.
Son: BBMP is said to owe crores of rupees to its contractors for execution of various projects, dad.
Father: Go on, Son.
Son: As repeated reminders to the authorities have not been fruitful, the contractors are totally fed up, dad.
Father: Go on, son.
Son: The contractors suddenly realised that BBMP had successfully used the novel scheme on its defaulters, dad.
Father: Go on, son.
Son: The other day they assembled in front of the BBMP main office with a band of drummers, dad!
Father: Go on, son.
Son: The band went on beating the drums till the officials came out and assured the contractors that their payments will be settled early, dad!
Father: I don’t know, son!
A Framework that Does not Exist!
Son: The Reserve Bank Deputy Governor Dr. K C Chakrabarty was addressing a conference of global banking regulators recently in Hyderabad, dad.
Father: Go on, son.
Son: Dr. Chakrabarty is known for his controversial statements in the past, dad!
Father: True. Go on, son.
Son: For a change, he did not make any controversial statements during his address. The topic of address was – the financial crisis management – dad.
Father: Go on, son.
Son: Dr. Chakrabarty concluded his address by stating that “the best crisis management framework is one that prevents crisis”, dad.
Father: Go on, son.
Son: One of the global banking regulators when asked to comment on the address of Dr. Chakrabarty, simply stated that there does not exist any framework that can prevent crisis, dad!
Father: Go on, son.
Son: He concluded that the regulators were interested only in methodologies for handling and solving the crisis situations and knew quite well that there was no single framework that prevented the crisis in its entirety, dad!
Father: I don’t know, son!
A V Krishnamurthy
24th January 2012
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