Saturday, January 28, 2012

I Don’t Know, Son! -35

An Addiction for (Professional) Lifetime!
Son: We have heard of tobacco becoming a lifetime addiction for many persons in the past, dad.
Father: True. Go on, son.
Son: A news report in Economic Times states that the employment in the tobacco giant ITC appears to have become a lifetime addiction for most of the professionals, dad!
Father: Go on, son.
Son: Half of ITC’s 7,000-odd managers are with the company for more than a quarter of century. Attrition at the senior management levels has been zero for at least 15 years now, dad!
Father: Wonderful! Go on, son.
Son: The chief of human resources, Anand Nayak, has been with the company for almost four decades, dad!
Father: I don’t know, son!
Tremors in Singapore (money market)!
Son: The Anil Ambani-led Reliance Communications (Rcom) is said to be planning a $1.5-billion Singapore IPO for its undersea cable unit, dad.
Father: True. Go on, son.
Son: The Singapore Government is said to be much worried and in fact the financial markets there are said to be jittery, dad!
Father: How come? Go on, son.
Son: The Singapore Government and the financial market there are very much aware of what happened in India when Anil’s Reliance Power launched its IPO in 2008, dad.
Father: Go on, son.
Son: The highly oversubscribed (over 73 times) IPO turned out to be such a disaster for the investors that the IPO market has never been the same again in India thereafter, dad!
Father: True. Go on, son.
Son: The issue virtually wrote the epitaph of IPO market in India, dad!
Father: Oh my goodness! Go on, Son.
Son: The Singapore Government does not want a repetition of the episode in the island, dad!
Father: I don’t know, son!
Karnataka MLAs Want iPad3!
Son: The Karnataka Government has provided iPad2 to all the members of Legislative Council (MLCs), dad.
Father: True. Go on, son.
Son: Not to be left behind, the MLAs have now demanded that they should also be provided with iPads, dad.
Father: Understandable. Go on, son.
Son: But the government is facing a problem, dad.
Father: What problem? Go on, son.
Son: The MLAs say that they want a better version and have demanded that they be provided with iPad3, dad!
Father: Go on, son.
Son: The MLAs were told that Apple has not launched the iPad3 so far, dad.
Father: Go on, son.
Son: But the MLAs are not convinced, dad. They say they would go on an official visit to US to convince Apple to launch iPad3 for their sake, if not already done, dad!
Father: I don’t know, son!
Who is the Third Senior Cricketer?
Son: Sunil Gavaskar has stated that at least three senior cricketers are facing the axe after the disastrous test series in Australia, dad.
Father: True. Go on, son.
Son: While it is clear that VVS Laxman and Rahul Dravid are the two seniors that are sure to be axed, the name of the third senior is uncertain, dad.
Father: Go on, son.
Son: When asked to clarify Gavaskar merely said – “keep guessing!” – dad!
Father: I don’t know, son!
Rahul gets it back in Kind!
Son: Rahul Dravid had delivered a wonderful speech during the annual Bradman Oration in Australia in Dec 2011, dad.
Father: True. Go on, son.
Son: The Australians were clean bowled by the oratorical skills of Rahul, dad.
Father: Go on, son.
Son: The audience included the members of the current cricket team of Australia, dad.
Father: Go on, son.
Son: The team was so impressed that it wanted to fully reciprocate the efforts of Rahul by giving it back in kind, dad!
Father: Go on, son.
Son: The team clean bowled him six times in the four-test series including four times in succession, dad!
Father: I don’t know, son!
A V Krishnamurthy
28th January 2012


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