Friday
IPL: Greed caught up with everyone
IPL was an easy target for the power hungry to swoop down on. It was perfect. There was no land laws or farmer’s lands to forcibly acquire, no licenses for factories, no labour laws. Nothing but an escalating brand at a hyped values that seemed to have no limits. Hyped because the team owners are still in negative cash flow unless they cash in on the brand itself.
Perfect. So perfect that it seemed almost impossible. And so everyone that had power, either in cash or in political clout (often both) swooped down desperately to jump on a train that was fast leaving the tracks.
Except in that desperation they forgot to cover their own tracks. And in the mad crazy tussle that ensued for control and ownership, the contenders forgot an unwritten law in the nexus that has always existed between money, big business and political power. That you do not wash your dirty linen in public.
They did not contend with twitter either. A simple technology that was transferring power to individual voices. Even if those voices were from within the players.
So now the pandora’s box is open. It’s nothing that we did not already know, but for the first time the players are out battling in full public view. Like another game happening outside the stadium that the nation and media is also transfixed by. A nation that should pay more attention to other matters. Like poverty and hunger. Like the fast disappearing fresh water resources. Like terrorism. Like the rebellion from within the country in the form of a Maoist revolt.
I have no doubt that when the fun and games are over, when the media attention has died down, the warring opponents will find a way to resolve the issues and settle down in the same club as if this never happened.
I have no doubt that we will continue to enjoy the pretty fabulous and entertaining game that T20 is, barring those insufferable commercials that take up far more time than the cricket itself. And I have no doubt that other competitors will come in and break the stranglehold that the BCCI has over the Indian players. That will happen as young new players will rebel against the IPL team owners too, and would be willing to join another club. For IPL will gradually erode loyalties to the national team. Which is the real power base of the BCCI
And Lalit Modi will enjoy a quite retirement overseas with his yachts and jets. Shashi Tharoor will continue to win more elections, but will eventually give up and go back to New York and write more books.
And the political opponents will divide the spoils amongst themselves, and the media will divert our attention to some other great melodrama.
After all, does anyone remember the names of the young people that died in the Pune bomb blasts ?
All entries filed under Business & Economy
1 response - Posted 04.15.10
After a historic vote on March 21, 2010, the US Congress passed into law HR-3590 thus culminating an almost century long struggle to reform the US healthcare system. Through the 20th and 21st centuries, the US stood as the only rich industrialized country not to provide Universal Coverage to ...continue
1 response - Posted 04.01.10
Spent a day in a discussion and conference with this amazing man. Prof or Doctor, whatever adjective you want to give him, Mohammad Yunus, the founder of Grameen Bank and many other Grameen Enterprises has changed and continues to change the lives of millions of people in Bangladesh and all ...continue
20 responses - Posted 03.14.10
A modern building for Tamil Nadu Legislative Assembly. A magnificiant landmark to Chennai. A great achivement to the Tamil Nadu PWD Buildings organisation. A dream project of the Chief Minister M.Karunanithi The new building for Tamil Nadu Legislative Assembly was inaugurated by Prime Minister Dr.Manmohan Singh at Chennai on March 13. ...continue
5 responses - Posted 02.25.10
Ever so quietly, the Indian Health ministry is making plans to help multinational sanitary napkin makers with a mega project that is expected to cost the government Rs. 2000 crores annually. According to a report in The Hindu last Sunday, the government plans to supply about hundred free sanitary napkins to ...continue
1 response - Posted 02.23.10
That is not as foolish a statement as you might believe. Imagine a world in which all of the basic Raga's of Indian music were copyrighted ? Most of our Indian film composer would be lost without them. Where would the world be if Einstein's equations or other scientific/medical knowledge were ...continue
1 response - Posted 01.16.10
Genetic Engineers Cook up Brinjal- Political caterers serve the dishes - Corporates are at bill and cash - People to eat injury and death-Scientists are buried alive - "Eat and Die" A Planet Hotel & Back yard Grave More than 1200 varieties of brinjals have evolved naturally all over ...continue
17 responses - Posted 08.18.09
While the liberalised economy of India has been great for investors, large corporations and highly skilled professionals, it has not been so great for the average shop floor worker. Corporations throughout India try to find some way around the labour laws to pay their workers less than they should. It ...continue
6 responses - Posted 07.31.09
The NY Times columnist and Pulitzer Prize winning author Thomas Friedman has this to say about Nandan Nilekani: "Seattle has Bill. Bangalore has Nandan. What makes Nilekani unique? For me it comes down to one phrase: great explainer." Nandan Nilekani, the visionary co-founder of outsourcing pioneer Infosys, explains four brands of ideas ...continue
1 response - Posted 06.29.09
Want to enter a money hunt on the Internet?. Sounds like a regular Internet hoax. But the people beind this new "tengrandisburiedhere" campaign is none other than Microsoft (Australia). Microsoft Australia in an attempt to boost Internet Explorer market share announced this new campaign in its latest browser war. We have ...continue
6 responses - Posted 06.16.09
As the global economic slow down hist hard on several sectors of the once thriving power industry, the utilities segment is now striving to find innovative ways to enhance their plants operating capacity. Several US based nuclear plants are in the process of modifying their existing fleet to achieve enahnced ...continue