Below the Line: Covering all bases

Our Bureaus | Updated on March 09, 2018 Published on September 18, 2016

Playing safe Infosys CEO Vishal Sikka   -  GRN Somashekar


Banking on the future Kohli in Bengaluru   -  GP Sampath Kumar

Analysts are scratching their heads over some of the recent management commentary from the Infosys top management.

In the quarter ending June, the company had said that it did not see much of an impact due to Brexit and the event is an opportunity. Two months down the line, at a recent meeting with institutional investors, CEO Vishal Sikka admitted that due to Brexit some of the projects are seeing headwinds.

However, at the same time, the company said that the quarter ending September will be better than the previous one. As one analyst put it: the company commentary has something for the bulls as well as the bears!

Close call

The Prime Minister’s unit in the Press Information Bureau sent media persons into a tizzy on Tutesday afternoon. Reason: A message (along with a Twitter picture link) from the PM unit declaring “PM calls on LinkedIn CEO Jeff Weiner in New Delhi” was sent to reporters’ mobile phones.

This threw everyone into disarray. Could this be true? What happened? Frenzied queries ran up an down on Twitter. Luckily, in about seven minutes, the situation was brought under control with another message from the PM unit (along with the Twitter picture link) reading “LinkedIn CEO Jeff Weiner calls on PM in New Delhi”. That was a close call!

Loyalty points for Virat

Punjab National Bank recently hit a massive six by roping in India’s test cricket captain, Virat Kohli, as its brand ambassador. Virat, who is known for his great cricketing temperament, recently stumped PNB officials when he told them that PNB was like “ mera apna bank” for him. Reason: Virat has been an account-holder at PNB since the age of 16. Naturally, PNB employees are thrilled.

Building Babel

Ministers from BRICS nations came down to the coastal city of Vishakhapatnam last week to discuss strategies and share best practices for better urban development in these nations.

At the plenary session, ministers from China, Brazil, South Africa, apart from India’s Urban Development Minister M Venkaiah Naidu, discussed issues in urban areas and how to tackle them. However, the address by Ni Hong, vice-minister of housing and urban-rural development, the People’s Republic of China, remained Greek and Latin for most as he spoke in his native language. Since headsets were not provided to most of those gathered to attend the session, they did not have access to the interpreter’s translations into English. Not exactly a case of best practice, is it?

Reality check

At an event in Delhi last week, some top private security firm representatives sought strict enforcement of the Private Security Agencies (Regulation) Act to weed out thousands of unlicensed firms operating in the sector. A senior Delhi government official, however, took this opportunity to bring home the ground reality with regard to the widening hold of unorganised private security in the capital. “If we go for enforcement of this Act, half the embassies and government offices will be closed,” he said, leading to muffled laughter in the hall.

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Published on September 18, 2016
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