Feb 5, 2022 Even those bored with budgets had to admire FM’s refusal to use anti-business rhetoric. Budgets are important for newspaper editors and TV anchors. For the rest of us, it has increasingly become a time of yawning in a bored mood. Important matters, like the repeal of disastrous retrospective tax happen between budgets. […]
February 4, 2022 Budgets are important for newspaper editors and TV anchors. For the rest of us, it has increasingly become a time for yawning in a bored mood. Important matters, like the repeal of the disastrous retrospective tax happen between budgets. Very important matters like the return of Air India to its rightful original […]
October 7, 2021 In 1959, my maternal uncle was involved in a “student strike” in the then small town of Mysore. Being a naïve seven-year-old, I asked my uncle as to what the demands of the students were. I was informed that the principal demand was the dismissal of the high-handed police commissioner who had […]
Oct 01, 2021 Author Rajni Bakshi writes: “Gandhi’s asceticism in later life tends to obscure the fact that he often reminded people that he is a “vanika putra”, the son of a baniya (merchant).” In another context, Gandhi’s American admirer [and journalist] William Shirer writes: “There was something of the banian trader in Gandhi, reflecting […]
September 25, 2021, Churchill is supposed to have referred to Gandhi as a half-naked fakir. The irony is that many Indians have internalized this view. Gandhi is seen as a poverty-loving, spiritual figure out of touch with the so-called hard-headed world and some see him as a supporter of woolly backward ideas. It is time […]
Jul 20, 2012 “A promise is a promise” is what Ratan Tata had said when he gave India the Nano in 2008. Four years down, Jaithirth (Jerry) Rao expresses a similar sentiment. Rao, who had previously founded IT company Mphasis that he later sold to EDS, had promised he would do a housing project with […]
May 27, 2012 Dear Mr. Gandhi, I write this letter to you hoping that you can and you will intervene to transform the current climate in the country which is increasingly anti-business and anti-entrepreneurship. You are aware that without an vibrant eco-system that support business activity, economic growth is not possible, and prosperity will continue […]
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 […]
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 […]