The
biggest mistake Indian trade officials can make with us Deputy
Trade Representative is to simply go by his name. For, Karan
Bhatia, 34, is Indian only in name. Like bureaucrats in India
are discovering, the Washington, D.C.-born trade rep is as aggressive
as any American. "India's bilateral trade with the us is more
than 20 per cent of its total trade and this trend is rising,
but if high regulations persist in India, the relationship might
see a negative change," warns the Princeton University, London
School of Economics, and Columbia University-educated Bhatia.
Ever since he was appointed as the Deputy Trade Rep last year,
Bhatia has been doing the rounds of Delhi, meeting heavyweights
like Montek Singh Ahluwalia and Kamal Nath. "I am satisfied with
the pace of my ongoing talks, but a lot needs to be done on the
regulations side," he says, possibly not for the last time.
Taking
the Next Call
For
Sandip Das, the next call has just come. The Deputy Managing
Director of Hutchison Essar is set to take up his new assignment
as CEO of Malaysia's largest telecommunications company, Maxis.
Das, 48, has been a Hutchison-Essar veteran of 13 years, and in
fact was Hutch's first employee in India. Das, an FMS alumnus,
will join Maxis in the middle of January next year and describes
his stint with Hutch as one of "pure, unadulterated joy." "(Maxis)
is a natural next step in my career and I am excited about stretching
my own frontiers," Das told BT. Maxis, which has a subscriber
base of more than seven million in Malaysia, has a presence in
Indonesia and India as well. Given his track record at Hutch-Essar,
this is one challenge Das must be looking forward to.
Scoring a Point
When
the super-rich go to watch football, they usually sit in the owner's
box. or so figured Ispat Industries' Pramod Mittal, who
is in talks to acquire Bulgarian club, CSKA Sofia. The acquisition
is part of the 50-year-old Mittal's growing links with the country.
He recently acquired a majority stake in Bulgarian steel producer
Kremikovtzi, and has asked the country's former Vice-Premier Alexandar
Tomov to help snag the deal. CSKA, not incidentally, is the most
successful football club in Bulgaria, with 30 national titles.
However, Tomov told reporters that the "new owners" want not just
domestic success but European glory. So what if Mittal's elder
brother, Laxmi Niwas, the richest Indian in the world, is the
owner of Europe's and the world's biggest steel company Arcelor-Mittal?
The younger Mittal seems to have found a totally unexpected route
to Europe's heart.
Men
in Blue(s)
Thirty
years ago, it was Piyush Pandey's fond hope to make it
to the Indian cricket team. But while his buddy from St. Stephen's
College (Arun Lal) made it, Pandey, 50, had to look for other
ways to make a living. Today, he is the Executive Chairman of
Ogilvy & Mather India, but is still a cricket buff. So, when the
Board of Cricket Control in India (BCCI) invited him to give a
pep-talk to the Indian cricket team getting thrashed in South
Africa, Pandey was overjoyed, but unable to because of his schedule.
"I wanted to go talk to them, because these guys are good, but
they seem to have lost all motivation," moans Pandey. Greg Chappell,
watch out.
A Boost for Sure
It
won't be personal grooming, but it will still be about grooming
for Zubair Ahmed. The former Gillette India head honcho
has moved to GlaxoSmithKline Consumer Healthcare in India to take
over from top man Nick Massey, who is moving back to the UK. Although
Ahmed's new title says Vice President & General Manager, he will
be the Country Manager. Why did Ahmed bail out of Gillette? After
P&G acquired Gillette last year, Ahmed's focus was on helping
integrate the two businesses. Job done, he was offered a new assignment
elsewhere. But apparently Ahmed wanted to stay on in India. GSKCH,
best-known for its Horlicks and Boost brands, made a break with
the past too by tapping an executive from outside its system.
Ahmed couldn't be reached, but a GSKCH release said it was "business
as usual".
To
Almighty His Due
If
not the god, the trustees of Kerala's famous Guruvayoor temple
must be ruing the fact that Puthan Naduvakkat Chenthamaraksha
Menon isn't any heavier than his 70 kilos. Recently, the Chairman
of Bangalore-based Sobha Developers, one of the top builders in
the city, got himself weighed in gold and donated the matching
70 kilos of Swiss gold bars, worth Rs 6.80 crore, to the temple.
What prompted the 58-year-old Menon to make the single-largest
donation to Lord Krishna's best-known temporal abode in South?
The Rs 570 crore that Sobha raised from an IPO at a premium. Menon,
who first started his operations in Bangalore in 1994, chose not
to comment on his donation saying, through a spokesperson, that
this was a 'personal matter relating to faith'. Sobha investors
needn't feel bad about the donation. If not dividends, they will
surely receive divine blessings.
-Contributed by Pallavi Srivastava,
Krishna Gopalan, Kushan Mitra and Venkatesha Babu
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