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Of Business Ethic and Ethics

Cover of book on Mr. Ratan Tata  The chairman of Tata Trusts and former chairman of Tata Sons, Mr. Ratan Tata, passed away on the 10th of October. The last two days have been filled with coverage of Mr. Tata's contributions to the country, the economy, and the global business world. Numerous articles and reports highlight his contribution primarily as a great philanthropist who worked for the cause of ethical business, which the Tata Group has been known for over the last 100+ years. While narrating how Mr. Tata's contribution was acknowledged in her school, even my daughter told me that they were told Mr. Tata was a great philanthropist.  I have been a little taken aback because most media and people have focused on his philanthropy and not his business achievements or entrepreneurship-related activities. This got me thinking about how I view the transformation that Mr. Tata brought about during his tenure as chairman of Tata Sons, where his contribution was far more pronounc...
Recent posts

What does Bangladesh crisis, general election results in Kashmir, and regional politics in India have in common?

Photo courtesy - Reuters Bangladesh is undergoing a political crisis at the moment - the Prime Minister Sheikh Haseena, who was re-elected in an election which was boycotted by the main opposition party, has abdicated her position and the military has moved in to take reigns of the government. While the immediate development is clearly a jolt to democracy in Bangladesh, it hints towards a significant shift in the political landscape across South Asia, particularly in the Indian subcontinent.  The ouster of Sheikh Hasina in Bangladesh, the declining dominance of the National Conference party led by the Abdullah dynasty in Jammu and Kashmir, and the loss of power by the Congress party in India, all point to a common trend: the fall of dynastic politics and the emergence of leaders from non-elite backgrounds. Historically, during the British Raj, royals from princely states colluded with the British crown for continuance of the Raj and their own kingdoms, while oppressing their own po...

Why is the UK burning again?

Photo courtesy Stringer/Reuters It has been another weekend of rioting, larceny and arson in the UK, this time in Rotherham and Tamworth - the worst civil unrest since the 2011 riots. As I reflect on my previous analysis from 2011 , it is evident that many of the underlying issues that fueled those riots remain unresolved today. In my 2011 blog post, I explored the complex socio-economic factors that contributed to the riots, including disenfranchisement, lack of opportunities, and systemic inequalities. Fast forward to 2024, and we are witnessing a resurgence of unrest, this time triggered by anti-immigrant sentiments and actions against asylum seekers [ 1 ] [ 2 ].  While the immediate causes and triggers of the current riots may differ - fueled by far-right ideologies and a backlash against immigration - the underlying issues of inequality, lack of social cohesion, and economic disenfranchisement persist. The current climate reflects a society grappling with similar frustrations ...

Reimagining Indian tourist destinations as sustainable cities of the future

Photo by Shashank Hudkar on Unsplash India's rich tapestry of history, culture, and natural beauty attracts millions of tourists each year.  Domestic tourism is also on the rise in India, and being the world's most populous country, domestic tourism itself has a potential to contribute more than overseas tourists. However, the surge in tourism often brings challenges such as traffic congestion, pollution, littering compounded by inadequate infrastructure of tourist locations which are often small-towns. As I wrote of Nainital in my previous post , most Indian tourist destinations are grappling with these problems resulting in destruction of ecology, as well as local culture and heritage. Over commercialization of tourist related activities also leads to depletion of natural beauty offered by many of these destinations.  Many of these issues are complex, and outside the wherewithal of local communities to manage. The only way these problems can be tackled with a government-bac...

Timeless Adventures: Reimagining History Through Immersive Amusement Parks

I was in Mussoorie last month, this was my third visit to the hill town, my first being about 20 years ago. The small town has gotten more crowded, commercial and almost un-touristy over the years. And then I visited Nainital two days later, which wasn't as un-touristy, thanks to the 'vehicle curfew' imposed between 10:00am and 6:00pm by the local administration. But it was still crowded with tourists, and most disappointing was that tourists were busy enjoying the same things - sugar candy, ice-cream, pizza and burgers which they could enjoy at any 'fair' in their own cities and towns. No one seemed to be genuinely interested in the old-world-charm of Nainital . As I sat on a bench, across this now shut-down library, turned bookshop turned billiards play room on the Mall road, I could sense a pall of sadness that original residents of Nanital must be under. Most tourists wanted the same things over and over again whether they were in Haridwar, Rishikesh, Mussoorie,...

Dense Forests and Taller Cities: A Vision of the Future

I've written earlier [ 1 ] [ 2 ] [ 3 ] about my musings on contrasting futures that the world faces between cities and suburbs, and my conclusion that ecologically sustainable living is possible only with cluster based human settlement – large metropolises or cities with shared infrastructure which reduces the ecological cost of human lifestyle. But there is one more statistic that keeps veering me towards favouring suburban lifestyle - the potential reverse of human population. India has overtaken China as the world's most populous country in 2023, but India's population growth will come to an end: the number of children has already peaked more than a decade ago and is now falling. [ 4 ] Rapid population growth is a temporary phenomenon in human history - since the 1800s we have added 7x of human population - this has also been possible due to falling death rates, but this was then followed by falling fertility rates sequentially across world regions, which has lead us ...

India's Political Disconnect: Prioritizing Youth-Centric Agendas for a Brighter Future

Photo by Chelsea Aaron on Unsplash Elections are currently underway in India, the world's largest democracy. However, the political discourse appears to be disconnected from the pressing issues faced by its populace, particularly the youth. Instead of addressing the genuine concerns of the electorate, candidates from both the ruling and opposition parties seem preoccupied with religious polarization on one side or empty dole-out promises on the other. India boasts the world's largest young population, yet even the political rhetoric, leave alone the political action, fails to resonate ideas for the young and productive generation. Rather than offering relevant agendas, the electorate is inundated with divisive narratives and superficial pledges. For a young population, the most critical area that urgently requires attention is education. India's education system poses the most significant challenge for a country with the largest base of young population.  India's publi...

Redefining Work Culture: Moving Beyond Labour Day

Today is 1st May, also traditionally celebrated as Labor Day and has long been a symbol of workers' rights and the achievements of the labor movement. However, in today's rapidly evolving work landscape, characterized by a shift towards knowledge-based professions and remote work culture, I find it to be an anachronistic, a relic of an industrial past which we have left behind at least 30 years ago. The traditional concept of "labor" as associated with manual work on assembly lines is increasingly outdated in today's economy. A significant portion of the workforce now comprises knowledge workers, whose value lies not in the hours they put in, but in the expertise and unique skills they bring to their roles. Unlike interchangeable factory workers, professionals are irreplaceable assets, requiring specialized recruitment strategies to attract and retain top talent [1]. In fact, the term "knowledge worker " may no longer accurately capture the essence of t...

Immigration and Regional rights

  Image Credit: YouTube grab of Futuristic Inter-galactic spaceport terminal from Men In Black International I am right now at the Dubai airport watching the eclectic mix of humanity - travellers, visitors and residents - at this ‘meeting point of civilizations and races’ that Dubai has now become. In the last 10 years, Dubai has transformed from an Oil rich destination where people would come to earn bags of money (even if they had to live destitute), to a bustling metropolis where people come to enjoy a good life. Not only has lifestyle transformed in Dubai for the better, but its population has burgeoned from a mere 62000 in 1970 to 3.05 million in 2024 with immigrants powering almost the entire rise in numbers. Notably, Emiratis currently constitute 7 odd percentage of the total population, and in the next 10 years Dubai is planning to double its population plunging the percentage of natives to 3 and half percent only! However, immigrants are not allowed to gain citizenship of ...