Subhash
Chandra is back on the cricket pitch,
with some help from the new "chief umpire" at the Board
of Control for Cricket in India (BCCI), Sharad Pawar. After a
protracted legal battle with BCCI, Chandra's sports channel, Zee
Sports, managed to get the cable and satellite telecast rights
of the ongoing India-Sri Lanka series. Sure, it was the Delhi
High Court's decision (to invite fresh bids for the series and
award the rights to the highest bidder) that helped, but the new
BCCI President, Pawar, was good enough not to go in for an appeal-something
that may well have happened had Jagmohan Dalmiya's nominee Ranbir
Singh not been ousted in the recent BCCI elections. "We are
entering a new era of solidarity with the BCCI," says a close
aide of the Zee Chairman. But didn't Chandra say not too long
back that he's had enough of cricket? He did, but simple economics
must have convinced him otherwise. For instance, Zee is said to
have paid Rs 19 crore to acquire the telecast rights, but it could
pull in Rs 50 crore from advertising alone.
Academia
Beckons
Even
for a man who has donned many hats, including those of the Deputy
Chairman of the Planning Commission, Defence, External Affairs
and Finance Minister in the Atal Bihari Vajpayee government, the
latest job offer must have come as a surprise. Equestrian enthusiast
and western classical music aficionado, Jaswant Singh has
been invited by UK's Warwick Manufacturing Group (WMG) to come
on board as a professor. What is Singh, 67, expected to teach?
Apparently, international affairs because of his vast experience
in the matter. However, when contacted, Singh said he was "yet
to take a decision". The soft-spoken Singh can be assured
of one things, though: A more willing audience than he's used
to in Parliament.
One
For The Kids
Some
time soon, Tata Consultancy Services (TCS) head honcho,
S. Ramadorai, will put something up for auction on eBay.
No, it won't be the first computer the software company used (we
wonder if they still have it), but a luncheon date with himself.
Why? It's part of a fund-raising campaign that the 60-year-old
TCS lifer has got his firm to do for the Society for Rehabilitation
of Crippled Children (SRCC). The society runs a modest children's
hospital and remedial education facility in Mumbai's Haji Ali,
but Ramadorai wants to help them build Asia's first hospital for
children only. "It will be a 150-bed facility for which we need
about Rs 50 crore," says Ramadorai. Get your cheque books out,
Corporate India.
Surprising
Switch
After
they've spent more than three decades at a group company, most
Tata bosses look forward to a quiet retirement, interrupted, if
at all, by a rare call for counsel. But not Firdose Vandrevala.
In June this year, Vandrevala, 55, quit as the Managing Director
of Tata Power, but continued as the non-executive Chairman of
Tata Teleservices (an additional charge since 2003). But in October,
Ratan Tata assumed that role at Tata Tele, leaving Vandrevala
with no job. As it turned out, the IIT-Kharagpur engineer didn't
have to wait too long for an offer to come along. Last fortnight,
Vandrevala was appointed head of Motorola India. The man wasn't
available for comment, but he can look forward to exciting times
at the American telecom giant, which is moving aggressively to
tap the Indian telephony market.
Calling It A Day
Thirty
years after Shiv Nadar started Hindustan Computers (HCL)
with five of his associates, he's now thinking of hanging up his
boots. Come 2007, Nadar, 59, plans to give up the CEO's title,
if not the Chairman's. He can well afford to. Already, by Nadar's
own admission, he does little of the day-to-day management and
focuses on larger issues, having split responsibilities for HCL
Technologies' it services and BPO businesses between Vineet Nayar,
recently appointed President, and nephew Ranjit Narasimhan. His
only child, daughter Roshni, is said to be more interested in
dad's educational initiatives. If Nadar, worth $2.3 billion (Forbes,
2005 listing), isn't afraid of stepping back into the shadow,
it's also because he owns 70 per cent of HCL. So title or no title,
he'll still be the boss.
Pleasures
of Pro Bono
When
executives decide to help a cause, they mostly invest either time
or money. But G.K. Jayaram, Infosys Technologies' first
Chairman (1982-85) has decided to invest both, in setting up the
Institute of Leadership and Institutional Development (ILID).
Unlike the clients Jayaram, 65, catered to as a consultant, it
is NGOs that ILID has on its radar. "We provide free management
consulting services to organisations working for the poor," says
Jayaram, who has invested $1 million of his own money in the institute.
Currently, ILID helps out with projects such as ex-Citibanker
Ramesh Ramanathan's Janaagraha. But Jayaram, former head of Infosys
Leadership Institute, wants to raise funds and hire a larger team
of paid consultants to expand ILID's work.
-Contributed by Archna Shukla, Ashish
Gupta, R. Sridharan, Sahad P.V. and Rahul Sachitanand
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