Bizination - Dhando, Takko, Rokdo

Starbucks has been around since 1970 and last month it made its debut in India by opening three stores in Mumbai. In response, Cafe Coffee Day, the domestic player put out an advertisement on TV for the first time in 16 years. Online reputation is now a big business in the West and down south, a startup village takes shape in Kochi.

The French government has made the classic mistake. Of interfering in business. Lakshmi Mittal is miffed as he has been asked not to shut down two of his loss making blast furnaces in Florange unless he wants to see all his French outfits getting nationalised. Greece gets another bail out package and in Australia, cigarette packaging will no longer carry any glamorous images or colours. Just plain packaging.

BCCI has been quite the negotiator. It got Pepsi to pay twice as what DLF had paid in the previous edition of the IPL. This comes at a time when the popularity of IPL is possibly at its lowest according to many surveys. Amidst all the talks of recession, in October, Porsche sold a record number of vehicles in India. Also, according to a recent World Bank report, India receives more money through repatriation than any other. And typewriters are called off the shelves in UK.

The Euro Zone goes under all over again. The latest numbers suggest that all seventeen countries of the Euro have posted two consecutive quarters of negative growth. And when that happens, the economy is said to be under recession. The US, which is known to come up with fancy phrases to describe their economic plights, have done it again. This time the popular phrase is the fiscal cliff. Back home in India, Raymond, the apparel maker will soon launch its own brand of beer shampoo.

For the last two years we have been reading a lot about the Euro crisis. Some might complain that we have had a bit of an overdose of it. So we at Indicast thought that we should send one of our guys to tour Europe and find out how exactly is the day in the life of an average European in countries like Germany, France, Austria, etc. Akhilesh, our co-host at BiziNation volunteered to do the trip and sponsored it himself if we might add. In this podcast, he brings us his on ground experience of his recently concluded Euro trip as we take a look at the Euro crisis from the common mans point of view.

Ten years ago, on this day, two planes scorched the twin towers. More than 3000 people were killed and the world economy was impaired. In this podcast, we talk about where we stand today in the wake of bigger crises that the bankers have brought upon us. Continuing on the subject, Indian business and tourism has suffered gravely due to the series of bomb blasts. In other news, Yahoo CEO, Carol Bartz has been sacked rather unceremoniously. Closer home, Archies, a company known for selling gifts and greeting cards has tied up with UNICEF and plans to expand to Rs. 400 crores in the next few years. And in the last few minutes, Ritika gives us a snapshot of her sojourn in Bali.

Forbes has dubbed Groupon as the fastest growing company in the world. In this podcast, we talk about the Groupon anxiety and how has Ritika learned to deal with it in Australia where she takes us through her experience of using different Groupon like services. In other news, Maruti employees went on strike which lasted until the time we recorded this podcast. And a Gujarathi businessman in UK buys himself a flying car.

Lately, Africa has seen a spate of investments from Indian private companies and Dr. Manmohan Singhs visit to the continent a few weeks back only adds to the growing importance of being present in an economy which is growing at 6 per cent per annum. In this podcast, we talk about all the Indian companies which have set up businesses in Africa in the past year. Back home, Hero launches its first dirt bike after splitting with Honda motors and Naomi Campbell is not too happy with Cadbury.

OECD ranked Australia as the happiest industrialised nation in the world. The Indian middle class, on the contrary is facing troubled times as the government considers increasing prices of diesel, kerosene and LPG a couple of weeks after pushing petrol prices. In the midst of this, Angela Merkel, the German Chancellor visits India. In the world of IPOs, LinkedIn has a blockbuster start but we also talk about how the investment banks made more money in the deal than investors and Samsonite, the luggage maker gets listed on the Hong Kong Stock Exchange.

Dominique Strauss Kahn preferred to gamble with his position by allegedly sexually assaulting a chambermaid from a Manhattan hotel. He lost his hand, rather literally and with it out went his chances to France's president in the next term. In this podcast, we talk about what this means for IMF and the European nations who are trying to flap their hands and legs in the middle of the oceanic debt that stares at them. At Citibank, Vikram Pandit gets a retention bonus totaling to more than 10 million USD. Closer home, Ratan Tata passes some remarks on Mukesh Ambani and the Brits.

When Microsoft makes its biggest purchase in its history, everyone loves to talk about it. Skype got acquired for more than 8 billion USD. In this podcast, we talk about this and other related tech stories such as the LinkedIn Initial Public Offering (IPO) scheduled on May 19th. Reid Hoffman, the 43 year old should be happy considering that his company will be the first social network from America to be listed on the New York Stock Exchange. In other news, Facebook was caught planting negative stories in the press against Google.

Normal is boring. That is the tenet that India seems to be working on in the wake of the biggest petrol price hike of all time. A record 32 per cent year on year and 8 per cent overnight increase has caused some discontent among the middle class. Akhilesh joins us in this episode and we talk about the hike and more. A Rs. 3000 crore subsidy package is being made ready for BSNL and MTNL with the hope of pulling them back into profits. Royal Enfield, the bike company which has a cult following in India has new plans for India. With a waiting period of more than a year, what do you expect.

K V Kamath has been appointed as the Chairman of Infosys Inc while Mohandas Pai, the HR director of Infy quits. In this podcast, we also cover a bit about the business impact of the royal wedding. In other news, Air India has multiplied its self inflicted problems with more than 1000 pilots going on strike. This episode is unexpectedly all over the place. Hope you like it nevertheless. Ritika is back in this one.

India may soon have cardless banking if Nandan Nilekani and his team working on the Unique Identification Number can complete the project in time. After the initial testing among a sample size of 58,000 people, the project looks like it's in the right direction. In this podcast, we talk about this new way of exchanging cash from the technology as well as the consumer perspective. With an influx of 3G ads on television, we cover a few ads which have been successful in breaking the clutter, if only marginally. In other news, Kishore Biyani plans to recreate a Big Bazaar like model in the finance world.

Even by Japans standards, the crisis is of enormous proportions. In this podcast, we try to cover the economic impact of the earthquake and the tsunami that followed. The radiation leaks in the nuclear reactor only added to the problems. Quite a few Indian IT companies have their operations in Japan and in turn Japan happens to be Indias third largest investor. While it may not affect India gravely, it is definitely not decoupled from this crisis. In other news, Rajat Gupta resigns from ISB and Grameen Banks Yunus is having his problems hanging on to the company that he created.

Scarcity makes things invaluable and thats what makes the World Cup cricket a mouth watering proposition for advertisers. All India Radio is slated to earn around Rs. 7 crore from the 45 day long event. Others like Pepsi, Castrol, Hyundai, Amul have bet their best buck hoping to capture minds and eye balls. In other news, Indigo plans to hire 1,500 employees this year with aviation sector grappling the effects of rise in the Aviation Turbine Fuel price.

The Indian IT industry has a new concept to deal with and TCS has pounced onto it. It is called Cloud Computing. With a revenue projection of 1 billion USD, TCS will focus on Small and Medium Enterprises which total to a whopping 38 million. Many are calling this move as the Nano of the IT world where TATA hopes to replicate its success by tapping not the Fortune 500 companies but the smaller ones who can avail of this interesting concept. Rolls Royce, the British car maker announced record sales in India. We briefly cover the Union Budget highlights in this episode.

Thanks all you guys for sticking with us all throughout the 50 episodes. This one is dedicated to each one of you. We start this one by talking about the unforeseen increase in the onion prices and how it is affecting the common man. Akhilesh brings in Baba Ramdev in a business podcast because Akhi reckons that the Baba could give the MNCs a run for their money for competing with Ramdevs line of products.

Coal India, the world's largest coal mining company offered itself to be devoured on the stock market making it Indias biggest Initial Public Offering (IPO) till date. In this episode, we try to cover the modalities of the offer, the effect it will have on the dollar and rupee relationship and a lot more. In other news, Vodafone has set itself up for the 3G roll out. In celebrity business news, Mukesh Ambani moves into his billion dollar apartment.

This episode is dedicated to the car industry which is on a high. Toyota launched its first car in the small car category and has roped in A R Rahman as its brand ambassador. The words, 'General Motors' and 'quarterly profits' could never be used in the better part of this decade. But GM India has other plans. It has invested 200 million in India. Tata Nano, however, is dealing with a massive recall as the cars would catch fire if they exceed a particular speed limit.

Research in Motion, the Canadian company which manufactures the world famous business device Blackberry is in a fix. It is running against a tight deadline set by the Indian government. Like other countries where Blackberry operates, India demands that Blackberry mails and SMSs be allowed to be scanned for security reasons. In other news, Nokia entered the dual SIM market in India. Google's Youtube has opened up a pay per view for 5USD where you can rent movies online.

Greece continues to fight the budget deficit demons and we tell you the Greek folk lore which is hogging headlines these days. Bajaj decides to change its branding srategy for its bikes. Rajeev Bajaj and Rahul Bajaj don't always agree. FDI in retail may get a breather. All about UPA's FDI policy. Air travel set to get cheaper as Indian government limits service tax on airfare.

The Indian government is contemplating on giving out direct subsidies to the poor by distributing food coupons which can be exchanged for food items at market prices. Do not hold your breath. The government is only in a contemplation mode, but in this podcast we talk about what are the highlights, advantages and consequences of such a step. The prototype of executing this step is already ready with Sri Lanka which had done this way back in 1979. In the auto industry, Daimler joins Nissan and Renault in an alliance to share technology and reduce cost. In other news, the management thinker, C K Prahlad passed away.

The cricketing world sees it as a money making machine. But what are the different sources of revenue for the IPL. In this podcast, we try and give you the business side of the IPL by talking about the deals that have been signed in the run up to the third season of the IPL. All teams without exceptions have recovered their money which only proves the success of the business model which is evolving at best. In other news, Carlos Slim was declared as the world's richest man.

We all have grown up to looking up to Toyota and Honda as Gods of quality and production standards, but when you find out that a few 100,000 cars are recalled due to unintended acceleration and a few thousands for a faulty door mat which would jam the breaks, you wonder if these Gods have a sense of humour. In this episode we discuss the major recalls of the car industry and how they are dealing with them. In other news, the Wall Street goes easy on this years CEO pay packages.

Although Cadburys is a brand from UK, it elicits a lot of fond memories from Indians here in India. Blame it on their beautiful advertising (credit goes to O and M). So when Kraft decided to make an offer that Cadbury's is mulling over, we thought why not talk about the deal from Indias perspective. Inflation in India is howering at 16 per cent and the prices of essential commodities have gone through the roof. On the other hand in Australia where Ritika is currently residing, the story is the other way around.

In the first Bizination episode for 2010, we bring you a list of top 10 Business news of 2009 that made waves in India. Tell us if you agree with our list!

If anyone can come close to playing God today, then its unargubaly Google. In its latest move it is contemplating on charging its users (virtually all of us) for accessing news online. We cant blame Google for this since this demand has come from folks like Murdoch and the likes who claim to be losing tons of money by inviting readers to browse stories free of cost. In India, Bajaj has taken a bold (but predictable and emotional) decision to discontinue its scooters.

For the last decade or so, Dubai invoked awe and admiration for the pace at which it could lead a creative growth which was not limited to building sky scrapers, but other garnishing like man made islands, artificial arctic like winter, etc. All these developments were funded by the Government through its investing arm, Dubai World which announced that it could not pay off the $59 billion loan to the banks. The stock markets came crashing down. While that happened, we also talk about the companies from India which are raising money to carry out their expansion activities. The recovery has begun.

AMD and Intel are the fiercest of competitors. And we ve been taught that almost all is fair in love, war and the corporate world. Intel took it a bit too far and had to cough up 1.5 billion USD to AMD for uh cheating. This is what they call out of court settlement. In News from India, the government is on a gold buying spree from the IMF. Toyota, the Japanese auto major has put its papers in F1. We sign off this episode by talking a bit about Inflation waking up after a rather prolonged period of hibernation.

Scams are back. Three guys from the 1983 batch of Wharton Business School have been accused of orchestrating one of the biggest hedge fund scams in a long time. This is a text book case of Insider trading. But not all news is sad news on the Wall Street. Most companies have posted Quarterly profits. In India, Lakshmi Mittal, the CEO of Arcelor Mittal threatened to quit all his projects from Orissa and Jharkhand. Ritika has strong views on the whole issue of land allocation for such projects which causes a lot of friction between the locals and the state government. In some sad news, Ranjan Das, SAP India head died of a massive heart attack.

This episode of BiziNation is dedicated to the Internet. Lately, social networking sites are showing signs of finally making some money USocial, an Australian site is selling friends to companies who can send targeted messages to its audience. On the Operating Systems front, Microsoft launched its new OS with an a very questionable but an effective ad campaign. Yahoo! is spilling $100 million on advertising in the traditional media, a sign of growing desperation. Google on the other hand has launched an ad exchange program on the web much like the stock market in the physical world. Also, back home, an IIT entrepreneur launched Phokat Copy, a service which subsidizes photocopies for students in India.

This episode is about how businesses are adapting themselves to the changes in their environment. Levis has launched an EMI scheme to make your favourite pair of Levis jeans affordable to you. Launch of worlds first digi novel is a testiment to how the publishing industry and authors are using novel ways to face the challenges thrown by the new media of internet. We talk about google being at its innovative best. Indias biggest and favourite insurer LIC is no longer shying away from the equity market. PG comes to the rescue of the Olympics committee as sporting events feel the heat of recession.

There are no free lunches and so removing money from an ATM other than your bank will now cost you but the first five in a month are free. Listen about how banks in Australia charge ATM interchange fees to customers. Sad news for all Reader digest fans as the company declares bankruptcy in US. Biking fans in India welcome the entry of Harley Davidson. Maverick CEO Michael Leary of Ryan Air teaches a few things about running a profitable airlines in time of slump. Spicejet does better than its full service rival.

The IT sector first quarter results are out and the Sensex finally has something to cheer about. TCS is leading from the front reports better than expected profits. Anil Ambani's Reliance Big Entertainment is taking the Hollywood path by signing a deal with Steven Spielberg's Dreamworks. The Ambani brothers are at it again!! Straight out of a scene from Bollywood hit, Deewar,they are fighting for the gas in krishna Goadavri basin. The 2 brothers fight it out in the legal battlefield.

The Union Budget 2009-10, like any other was branded as an Aam Aadmi budget which promised inclusive growth. But the sceptics brushed it aside. Contratry to what the experts think, we reckon that this budget has something in it for both the rich as well as poor. In this podcast, we dwell not only on the Yojanas and schemes that the goverment has announced for the poor but also spend some time talking about the plans laid out for the urban poor, infrastructure, defense personnel and children. And we also introduce a section where in you can leave your comments and we'll add those in our next podcast. Listen to know how to go about it.

The thought of the Indian aviation industry making quarterly profits is far fetched, but to find out that one company bears almost half of the entire industry's burden would send some stomachs churning especially if you are working with Air India, Indias national carrier. Story aint that different in other parts of the world. British Airways has declared its biggest loss of the century. Back home, the Bandra Worli Sea link has been unveiled and promises to take some load off the roads. This episode is a light weight one where we celebrate, in Ritika's words, our Pearl Anniversary.

Ritika gives us a run down of some ground realitiy in Australia on the attacks on Indians. This podcast is a mix of national and international news. Australia has just been handed out a stimulus package a good percentage of which went to the dead! Back home in India, Bharati has renewed talks with MTN for what would be the biggest Indian acquisition. The Bharti tie up with Walmart spwaned a 50000 sq feet cash and carry store in Amritsar. And in another news, Grameen America, the microfinance bank led by Mohd Yunus has an envious track record despite the recession.

The initial euphoria of the UPA win in the recently held Indian elections refuses to die down and in this podcast we bring to you what's in store for the Indian business class following the UPA win. What can our new Finance Minister Mr Pranab Mukherjee do to accelerate the Indian GDP growth in times like these We discuss policy issues ranging from FDI to disinvestment to deregulation of oil. The IPL has come and gone and its time to start raking the moolah. We discuss the actual winners of the IPL. Tata has done it once again!! From people's car to low cost housing, Tatas seem to be taking CK Prahlad's Botton of the Pyramid model very seriously. Listen to our 28th epsiode to know more.

Satyam made headlines not too long ago. Now Tech Mahindra has brought it back in the news. Satyam will soon be bought out by Tech Mahindra. Most of this rather short podcast focuses on the deal and what is there in it for Tech Mahindra which had to pay more than a 1000 crore for this deal. Quarter 4 results are out and surprisingly a few of Indias IT companies have posted profits.

Cut back to your school days when on the sports day, the entire class would split into two halves to play the tug of war. It was a fun PT period for us at school. But not so much for the RBI which is trying hard to pull with all its might against both inflation and deflation. Recently, RBI cut the repo rates and the reverse repo rates to boost the economy. Ritika gives us a run down of what these jargons mean. The Federal Reserve has shown its benevolence to AIG again with its third bail out package. Citibank announcing a quarterly profit was some good news at BiziNation after a long time.

The interim budget was as bland as Russian food. But Pranab Mukharjee spiced it up just in time for the elections. With the benevolent excise duty, service tax and a few other rate cuts, the consumer will have to spend less on mobile phone bills, buying an LCD TV, etc. In the corporate sector, after the Satyam debacle, SEBI has asked for full disclosure from the promoters of companies who pledge their shares to raise more money. In cricket, the multi million IPL season will kick off very soon. On other side of the world, in England, Sir Allen Stanford, the man who sponsored the million dollar T20 tournament in West Indies has been booked for fraud.

And we are back after a pretty long time, but nothing much has changed since we spoke about bad news that surrounded the world economy. In fact, things have only gone downhill. Layoffs have begun even in India. The US economy is reeling and is hoping under Barack Obama's slogan of Hope, not fear. The US congress has approved the $700 billion odd stimulas package. In other news from India, Subhiksha, the ailing retail chain is fighting hard to survive bankruptcy.

"They can have it in any colour they want as long as it is black," Henry Ford's arrogance back in the 19th Century was justified when he was selling his cars and telling consumers what they NEEDED because he didn't believe that the customers knew what they wanted. Given a choice, Ford's customers would have demanded a faster horse, but he built the Model T anyway. CUT TO 2008. The swaggar which the auto makers had gotten used to is now reduced to a limp. With people shoving their hard earned money under the mattress, today, a sleek sports car is no more than a gas guzzling peace of metal meant for the foo ish few who are skating on thin ice. With the auto industry consistently posting losses, it hope to get a 25 bn USD loan from the treasury to fix a few things. We talk about the mess and some dope from the aviation industry in India as well.

Two years after TATA announced the one lakh car, argubly a revolution of the magnitude of Henry Ford's Model T, the car industry's most binouculared project is yet to lay its foundation stone. After elaborate protests, some violence and lots of confusion, TATA took the painful call of relocating to another state. A week later, all the newspapers carried a picture of Narendra Modi, the chief minister of Gujarat shaking hands with Ratan Tata. This podcast is more about our thoughts on how politics can ruin capitalism. We want to know your take on this one. In another news, HCL is set to acquire Axon, an SAP consulting firm and TCS has bought over the back office arm of Citigroup.

When they asked Tom about his occupation, he balked. He wanted to keep that as a secret. But they persisted wanting to know about what Tom does for a living. He finally relented, "I work as a piano man in a brothel." He had lied. He was too ashamed to admit that he was an investment banker. This podcast is dedicated to all the innocent Toms from the unsinkable 'Titanic' like industry in the US called Investment banking where the lifeboats are afloat with people who's jobs and families are on the line. We would love to know your take on this unceremonius downfall of goliaths likeLehman Brothers, Merrill Lynch, etc. How bad is it out there?

We are back after getting stuck in a rather unhealthy habit of not being on time. The last month was plump with a number of mergers and acquisitions on a national and an international scale. Spice married Idea in the telecom sector. On the global front, Anil bhais ADAG and MTN, the South African telecom giant are contemplating a merger of sorts, but Mukesh Ambani comes in his younger bro's way yet again. Ranbaxy, the Indian pharmaceutical major has been acquired by its Japanese Counterpart, Daiichi Sankyo in a landmark deal. This season, in India, as the rains pour, so do the mergers.

The epidemic is back. It is called inflation. USA, India, China, Sri Lanka, Philippines, Haiti, Egypt are searching for the medicine to cure themselves. The medicine itself is not only bitter, but sometimes fatal! Among the developing economies, India leads the pack. In this podcast, we talk about how relavent is this whole issue to the common man or the housewife who buys vegetables on the street in a city in India. We recorded this episode when the inflation was around 7 per cent. Two weeks later, now, as I type, it has notched up to 9 per cent. We would love to know your take on this issue that has perplexed economists from around the world.

Richard Branson does a James Bond like stunt again. To announce his tie up with Tata Teleservices, he jumped from some high rise building to get to the front pages of all leading publications here in India. He made a bigger splash when he experimented flying one of his planes on Alternative fuel. VISA has announced its intensions for the world's biggest IPO and in another news, the Indian Banking industry boasted of the biggest deal ever.

Every year, on the last day of February, all the guns are out aiming at two men, the Railway Minister and the Finance Minister of India. This year was no different. We attempt to give you a run down of the Railway Budget presented by the flamboyant Lalu Prasad Yadav and the Union Budget announced by the calm and composed Chidambaram, the CFO of India. Everything from the huge Rs. 60,000 crore agricultural debt waiver to increasing the income tax slabs unabashedly knocked the voter's doors to draw their attention. We have our share of light moments where Ritika does a Lalu impersonation. No kidding!