In one of my visits to Ahmedabad, not long ago, when I was staying at Prof. Sunil Handa's house and engaged in a lively discussion with him, there concept of celestial justice system came. He very beautiful named the Indian way of thinking that good deeds are rewarded and bad ones are punished, and there exists a justice system that keeps a count - beyond the earthly routes to justice available. I like this idea, and can live with it, and it doesnt give me the same questions as the concept of "God" in general does. Having said that , I met one gentleman who just six months ago had a market capitalization of 10,000 crores, and could see no harm his way. He looked invincible in the face of every challenge, and couldnt expect any threat from any quarters. And today he cant expect any help from any quarters. The world has given way and he is owing the world today a lot of money...what makes such upheavels - who makes Princes out of paupers and paupers out of priinces - is there really somebody up there who is pulling our threads ?
On the financial side - the lessons are - a. may be leverage is not such a good thing b. going public or not is something that has to be thought much more seriously by the company as this market has shown. The best of companies dont control their destiny any more.
Sunday, October 26, 2008
Friday, October 10, 2008
Trip to Mussoorie
Mussoorie, a beautiful hillstation located in the Shivaliks, in the Indian state of Uttrakhand -approx 30 kms from Dehradoon, capital of Uttrakhand. A convenient way to reach Mussoorie is take a Shatabdi express from Delhi (NDLS) that goes to Dehradoon at 6:50 AM and reaches there 12:30 PM. From there, one can get taxis from the station itself. The process of getting a taxi is pretty hastle free, unlike other places in India. The fares are regulated by the Uttrakhand government, and one can just queue up and get the taxi which costs 450/- per trip to Mussoorie. One can also share a cab and pay lesser, for there are many people going to Mussoorie from the station. The uphill trip takes about an hour, and the change in temperature is just superb. Mussoorie, also called the queen of hills, is very pleasant during October as well, and a light breeze can make the weather very cold. The two sides to the Mall are the Picture Palace (crowded) and the Library side (less crowded). The route to Kempty falls etc is also from Library side. There are loads of hotels to choose from on the mall, and the rooms are available at almost all prices. Hotel Pallavi Mussoorie on the mall, on the library side, is a beautiful and cozy resort with beautiful views and helpful staff. There is a Barista on the Library side, and the Picture Palace side as well. Its a small quintessential town, with a small mall that can be walked in about 45 minutes end to end. like other hillstations in north india, there are horse rides on the mall, and street vendors - and there are vendors who come out in the evening selling shawls, which are quite nice and cheap - just to take advantage of the sudden change in temperature, like true entrepreneurs. Take a short weekend break to Mussoorie, and you wont regret it.
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