Sept 2024 Favorites

1. Simplicity is the ultimate sophistication. 2. In giving advice, seek to help not to please. 3. Mobility enhances competition. 4. Tolerance is part of justice. 5. The first duty in love is to listen.

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Book Review: The Upanishads -Breath of the Eternals

Book Review 2024.08: The Upanishads- Breath of the Eternals, 128 pages, Paperback, 2002 This short concise book of Upanishads was the logical book to follow after I had read The Essentials of Hinduism that provided a birds’ eye view of the Sanatana Dharam. Unlike in the past where I had started books on Upanishads only to drop it quickly, what helped me complete this book was its clear and simple language and the authors intent to convey the gist instead

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Book Review: The Dopamine Nation -Finding Balance in the Age of Indulgence

Book Review 2024.09: Dopamine Nation-Finding Balance in the Age of Indulgence, 234 pages, Paperback, 2002 A byproduct of my online book buying habit is that I get a lot of articles about books in my mobile. One such article was about this book and its byline of ‘balance in the age of indulgence’ caught my attention resulting in this book purchase. Being a reasonably short and well written book, I completed reading it in a week. The need for this

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The Role of Trade and Commerce in Indian Society

Commissioned by Development Foundation as Working Paper 002 and published in September 2012, this paper attempts to evaluate the impact of trade and commerce on human development in the Indian society over the last two millennia. A defined framework is used for this purpose in which social acceptance of private property reflected in the rules and norms for its recognition and transfer, and the relative importance of unilateral or “free” transfer is contrasted with trade or bilateral exchange of goods

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Corporate Disclosures -The Origin of Business and Financial Reports

Corporate Disclosures: The Origin of Financial and Business Reporting 1553-2007Ad Hardcover – 1 January 2017 Spanning over two millennia of time and five continents of space, this book narrates the unfolding of financial and business reporting. The first part of the book traces the origin of the ‘company’ as a form of business organization and the evolution of bookkeeping. The second part: The Accounting Edifice, depicts events that led to the disclosure of the balance sheet, the profit and loss account,

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The Wisdom of Ants -A Brief History of Economics

About the Book: The Wisdom of Ants: A Short History of Economics: As the fable goes, in the summer when the ants were busy gathering food, grasshoppers lived a carefree life. Come winter, the ants lived off their store, while the grasshoppers were left starving. It appears that this lesson was eventually learnt by humans, who shifted from hunting and gathering to agriculture. The wisdom of ants that they borrowed did not end here but helped to lay the foundation

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The Science of Embezzlement -44 techniques in Arthasastra

This is an extract from the book titled “Corporate Disclosures: The Origin of Financial and Business Reporting 1553—2007 AD” by Shankar Jaganathan and published by Taylor & Francis Books India Pvt. Ltd. / Routledge India in 2008 Arthasastra, written by Kautilya in the third century BC identified forty different ways to embezzle the Treasury. This is one of the earliest records documenting the science of embezzlement. The logic for listing them out is probably to educate supervisors on what to

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Demonetization -What Next?

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of “de

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Independent Directors -The Holy Cow of Corporate Governance

An article written in 2009 post publication of my book Corporate Disclosures 1553-2007 This is the time for questioning. After the disclosure of the self-confessed fraud in Satyam, almost every individual involved with the company has been questioned – the promoters, the Chief Financial Officer, the auditors and the independent directors. As the individuals are being probed, the sanctity of some of these roles itself surprisingly has not come under the scanner. In fact the popular belief holds more discerning

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ANZ Travel Insights, April 21 to April 30, 2024

With no desire to travel outside the local confines of Malleswaram, Bangalore my residential area, a jam-packed tour of 31 days, between February 17 to March 17 to Australia and New Zealand was to say the least beyond hectic, adventurous and exciting.Covering twelve cities/towns, using road, rail, air and waterways, we also explored Skywalk, Bridge Climb, Gondola rides, Putting, Cable cars and a dozen treks across hills, coasts and meadows to add more thrills. What made the journey more endearing

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My Rearview Mirror

1 Looking Back with Gratitude, April 1, 2023 Today, April 1, 2023, I start the 4th phase of my three decades plus career. The first phase of 18 focused years was in Wipro, the highlight of which was the NYSE listing on October 19, 2000. The second phase of 11 reflective years saw me experience the academics and social sectors, in IISc Dept of Management Studies teaching Corporate Finance, leading the Technology Initiatives in Azim Premji Foundation and as a

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Reflections@60

On a whim, I started writing on August 1, these short snippets formy 60th birthday that month. Over the next 60 days, it was arewarding experience to write over 60 pieces and post them on myFacebook and LinkedIn page. I am amazed at the power of socialmedia that helped me connect with many friends, teachers, andmentors that I had lost touch in the past few decades.There are many more people who made me what I am. My heartfeltgratitude to each

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