BOOK PEEK

Quick look at a few books

January 24, 2013

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Book Peek

Contents of Book Peek dated January 24, 2013
Reviews
      ‘Indianomix: Making sense of modern India’ by Vivek Dehejia, Rupa Subramanya (Landmark) ‘Ending Corruption? How to clean up India’ by N. Vittal ‘The Impact Equation: Are you making things happen or just making noise?’ by Chris Brogan, Julien Smith ‘Tatalog: Eight modern stories from a timeless institution’ by Harish Bhat ‘The Only Three Questions That Still Count: Investing by knowing what others don’t’ by Ken Fisher ‘The story of Indian business: Three Merchants of Bombay’ by Lakshmi Subramanian

New arrivals - From Vision, Harper, TiE Chennai Short snatches
     ‘English Bites!’ by Manish Gupta (Landmark) ‘Dance with Chance: Making luck work for you’ by Spyros Makridakis, Robin Hogarth, Anil Gaba ‘Power vs. Force: The hidden determinants of human behavior’ by David R. Hawkins ‘Shakespeare’s Restless World’ by Neil MacGregor ‘Positive Linking: How networks can revolutionise the world’ by Paul Ormerod ‘Resilience: Why things bounce back’ by Andrew Zolli, Ann Marie Healy

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January 24, 2013

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Book Peek

Tata name
Shankar Sharma. Who is he? The man who wrote the letter alleging that fraud had been committed in Tata Finance. An outsider with access to information, or an insider who blew the whistle? More than a decade has passed by, but his identity remains unknown and mysterious, writes Harish Bhat in ‘Tatalog: Eight modern stories from a timeless institution’. Yet, Sharma had the best interests of the company at heart, and the corporate world will need many more people like him, adds Bhat. The chapter titled ‘The tribulations of Tata Finance’ opens by narrating a 500-year-old legend of how a letter signed by a German monk named Martin Luther was pinned to church door in Wittenberg, with far-reaching consequences in the Christian world. “Nearer home, and much closer in time, a letter dated 12 April, 2001, written by a person who called himself Shankar Sharma, reached the desks of several important and influential people in Mumbai. It had a similar dramatic impact in the Tata world,” chronicles Bhat. “Bharat Vasani, general counsel, Tata Sons, recalls, ‘The company

January 24, 2013

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Book Peek

management came out with an advertisement in the newspapers the next day, stating that the allegations made by Shankar Sharma were untrue.’ Mr Vasani and other senior Tata executives soon discovered that they were hugely mistaken. ‘That letter alerted us,’ says Ishaat Hussain, finance director, Tata Sons, ‘and further investigations revealed that there had indeed been some serious irregularities,’” informs http://www.tata.com. The letter was a case where smoke indicated a raging fire, recounts Bhat. The predominant mood in Bombay House, headquarters of the Tata Group, was one of dismay and anger at what had happened, but there was also a realisation that dealing with this matter openly and transparently was the most important thing to do, he adds. For, Tata Finance was almost insolvent, with borrowings of about Rs 2,700 crore, including Rs 875 crore from four lakh depositors. If nervous depositors came to the offices of Tata Finance asking for their funds, a speedy response was critical, so a helicopter was kept on standby to transport funds by air, one learns. “The helicopter was not used at all, though it may have added some excitement to these proceedings and also provided Indian television channels a few dramatic visuals,” notes Bhat. Eulogy to an empire.

January 24, 2013

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Book Peek

New arrivals

‘22 Stock Market Trading Secrets’ by Ashu Dutt – Vision Books ‘The Dying Sun: Stories’ by Joginder Paul - Harper ‘36 Strategies for Striking it Rich in Commodity Trading’ by Ashu Dutt – Vision Books

Address for sending review copies of new books

January 24, 2013

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Book Peek

New arrival: Enterprise 044

‘Enterprise 044: TiE Chennai Entrepreneur Directory’ from TiE Chennai
January 24, 2013 6 Book Peek

Published by: Shrinikethan, Chennai http://bit.ly/ShriMap Edited by: D. Murali http://bit.ly/dMurali http://bit.ly/TopTalk January 24, 2013 January 24, 2013 7 Book Peek