November 25, 2011 When the Olympics were held in this country’s capital city, great care was taken to put on a show to impress foreign visitors. Dissidents were picked up and taken away from the city. Unwanted and protesting ethnic minorities were kept under surveillance. All citizens were instructed to keep smiling to convey the […]
October 18, 2011 Media pundits are having a great time taking swipes at the building projects of the chief minister of Uttar Pradesh. Self-appointed fiscal hawks are critical about the waste of tax payers money. Self-appointed defenders of the poor keep harping on the fact that the money could have been spent on education or […]
September 30, 2011 Macro-economics is an inexact discipline if we didn’t know that earlier, now we do. The political economy of managing financial crises is even more fraught with uncertainties and unpredictable outcomes. We think we know why the Great Depression was so devastating and why it lasted as long as it did. Banks were […]
September 10, 2011 Airports have become even more impossible than before. Long queues and lots of new scanners. The scanner industry is certainly a great beneficiary! There may be a great deal of unemployment among factory workers and real-estate salespersons. But the tribe of security guards has increased. Every building in Mumbai has almost as […]
Aug 20, 2010 BANGALORE: The low-cost housing segment is beginning to see some action from organized players. And coincidentally, the two initiatives in this segment this year have both been promoted by former Citibank bigwigs. On wednesday Jaithirth Rao, best known as Jerry Rao and P S Jayakumar, both Citibankers ( Rao also founded IT […]
December 22, 2009 More than founding Mphasis, I am proud of its sale, noted Jerry Rao, former CEO of Mphasis, at the TiE summit, on Monday. Rao felt his decision to sell the company was the right one. The company stock prices shot 3.5 times following the sale. By adding the right value and getting […]
Sep 30, 2008 Bangalore : Jaithirth ( Jerry) Rao, Chairman of EDS Asia Pacific advisory board and founder of MphasiS, has resigned from the company. Rao was the chairman and MD of MphasiS from 2001 to 2006, till it was acquired by EDS. He also lead EDS operations in India from Vice President from 2006. […]
Apr 4, 2004 BANGALORE : A banker’s instincts, a poet’s imagination, an entrepreneur’s appetite for success and firm belief in Karma sets him apart from most. Jerry (Jaithirth) Rao who served as banker for two decades before he took the plunge into software entrepreneurship, has built his company MphasiS, into a thriving software provider today […]