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BW Businessworld

Into The Silence

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The man who revolutionised modern-day acoustics, Amar Bose, founder and chairman of audio technology company Bose Corp, died at the age of 83. Bose had pioneered the noise-cancelling headphones popular with frequent fliers as well as a host of other innovations. His frustration with the poor quality of sound from speakers led him to craft high-quality speakers for a domestic setting. The inventor once said that he let his curiosity be a guiding principle in his life.
 
Lost In A Man’s World
The Bristish media went into Andy Murray mania as he was hailed as being the first Briton to win Wimbledon in 77 years — conveniently forgetting 1977 women’s champ Virginia Wade. In fact, points out The Guardian, four British women have won the championship since Fred Perry’s win in 1937. Of course, ‘women’ seems to be the operative word here. Even this year’s women’s winner Marion Bartoli was involved in a ‘beauty’ controversy, thanks to a BBC Radio journalist.
 
On Firm Ground
Rajiv Bajaj
(Bloomberg)
Bajaj Auto MD Rajiv Bajaj is standing his ground on not issuing equity shares to workers. In a media briefing he categorically said, “The company will not agree to the demand to allot shares to employees even if stoppage of work goes on for 500 days... We don’t buy loyalty of people by throwing shares at them.” On wage revision, Bajaj urged his employees to ask for an increment, not shares.
 
Royal Bet
With the newest addition to the British monarchy about to arrive (as this magazine went to press), British punters have staked more than £1 million on the royal baby. Bets on the name, sex, weight and date of birth of the Duke and Duchess of Cambridge’s first child have reached fever pitch with bookies saying it’s a record for a ‘non-sports’ event. The baby will be third in line to the throne.
 
The Final Arrest
The Bofors case may finally be coming to a close, but probably not in the way most people thought. On 12 July, ‘prime accused’ in the scam, Italian businessman Ottavio Quattrocchi died of a cardiac arrest in Milan. Though the 74-year-old was cleared of all charges in the case two years ago, his alleged linkages with the Gandhi family kept the Bofors pot boiling in the political firmament. With his death, the quarter-of-a-century-old ghost will probably be laid to rest.
 
Ottavio Quattrocchi
(ABP)
End Of Credits
Veteran actor and Hindi cinema’s best-known antagonist, Padma Bhushan awardee Pran Kishen Sikand, died at the age of 93 in Mumbai. He appeared in at least 300 films over seven decades. He was also awarded the Dadasaheb Phalke Award in 2012.

Strategic Hire
One of the world’s leading thinkers on strategy and marketing, Nirmalya Kumar, has been inducted as a member of Tata Sons’s group executive council. Kumar, 53, will be responsible for strategy at the group level and lend expertise in bringing customer centricity to the fore across group companies. He will report to Tata Sons chairman Cyrus Mistry. Author of seven books, Kumar is a professor of marketing at the London Business School, and was recently included in the Thinker50, the biannual listing of top 50 management thinkers in the world, and received their Global Village Award.
 
Twist In The Tale
Jet Airways’s founder-chairman Naresh Goyal has been asked to be part of a new committee formed by the civil aviation ministry to boost ties with the United Arab Emirates. This comes as a surprise since his recent deal to sell a stake in his airline to Etihad seems to be in trouble.

(This story was published in BW | Businessworld Issue Dated 12-08-2013)
 


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