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Editor's Notes Wise Presidents Mu Sigma – is no more Which side are you, Montek? Tax agriculture Cutting the nose to spite the face R Sridhar steps down as CEO of Shriram Capital A rich pool of talent not utilised…. Odisha: spectacular win by Naveen Patnaik Secularism and anti-Hinduism This scant respect for Law Strengthen the base... Convulsions in The Hindu Tribute When Ratan Tata visited SRM CII projects higher growth… ONGC at KG Basin How Air-India loses customs... The balancing act Funding the un-funded GM Technology at last! When small is no larger beautiful.. Where is Rajaji? Pharma – overdose of copying More Shakthi to Das’ elbow SoA @ 80 Breaththrough in malaria control Gas is the way forward Measuring roof tops in terms of KW/MW F C Kohli - his concerns all embracing Not just in-laws (and outlaws); they’ve renowned academics at the helm! For whom the MIDS bell tolls? No mega rail project for Tamil Nadu Valli, they are more marginalised CIPET hqrs to stay at Guindy – for the present? to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Sweeter prospects for sugar Towards speedy justice Polls and promises Tatas moving out of urea production... London, London Narayan Revive development banks... Small units prefers to remain small... Insurance companies bleeding, yet no decision on increasing FDI limit! Vibrant Gujarat Kinetic Karnataka IPL type auction for VCs? Noble nonagenarians... Solar thermal shines… No engine for this car Shipping woes of Chennai companies Making ‘my Amaravati’... Gay abandon in pricing Tribute – Manikam Ramaswami Kulandai was a giant Reliance’s TV – 18 ready to launch Tamil News Channel Welcome focus on core competence Preserving for the future IAS invades NDDB... The Swadeshi Trump Auto components surge… Airlines in India: cost and space Naidu’s return augurs well for Seemandhra Cleaning Ganga – relocate tanneries and install electric crematoria Focus on quality of power - its only around 170-180V Remembering Indira Sivasailam... Mersal magnified PPP mode for upgrading Corporation Hospitals Solar, solar everywhere … Revving up the manufacturing sector EVM is tamper-proof Silver Years of Madras Musings Computation of GDP – conundrums continue Fortune 500 review Lalu’s envy, India’s pride Make standards certification mandatory... Waning interest in public discussions… When nations steal growth from one another… The sea- saw battle continues... WTO Meet: resolved to meet again Put expensive assets created to use... Delhi Chalo... When TN politicians can emulate Kerala's Multi-faceted Venkat When online building permits work…. The ‘Jayanthi Tax.’ S V Raju – a ‘good’ true liberal When the President was rendered homeless… More heat than light For whom the bell tolls? An enemy’s enemy is a friend A glass full of corruption Roaring Ro-Ro facility Land reclamation from sea appears cheaper! An inexplicable neglect A C Muthiah – his munificent bequeaths to science Eternal support for capitalisation of PS banks TN-leverage strength of BHEL, NLC... CRS, a jewel among managers, is no more. Welcome thrust on trade in Modi’s foreign visits... Build close rapport with business leaders Adapt Vajpayee dinner diplomacy Rahman at CIC Welcome changes that testify to Jayalalithaa’s return to health Building loyalty through the stomach Music happens Kudos to NDTV... Permanent secretariat for TN GIM Poor quality of university VCs Haul over the coal Recognition to role of NBFCs.... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated EEC at the National Media Centre Modi storms Silicon Valley Inflation: are we emulating Argentina and Brazil? Poor representation for Kerala and TN in Cabinet Colour-Chem’s colourful KRVS Intellectual of rare qualities Banning booze... No Maha Koottani in TN... TN accounts for the largest recruits by the IT sector …and of a popular trade leader A think tank for Chennai The brown list of Venkitaramanan A welcome initiative by the judiciary Delhi is distant Why this malaise in medical education? Parliament in paralysis... Five star activism stalls development activity Bihar elections - the Rajaji formula worked Quality education through the PPP mode Come elections, come advertisements... CSR and CMI: promise of another Srinivasan Ramanujan... Telangana in top gear… Readers' Mail A Grand Finale for SN’s MS centenary at the US… Plummeting profits of PSBs MHC should not return to its old indisciplined ways Should we change the official year? Diamond jubilee of Egmore Samskrt School Excel Generators provide the vital back-up Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Boy, can you beat these? Padma Bhushan for A Ramakrishna Increasing non co-operation of state leaders Modi and the lady Fall in crude prices help in oil sector reform Air Asia India will set new benchmarks for budget travel Medical costs hit the roof... Fortune for Indian Airlines Why land prices zoom in TN? A friendly business group There was flood of milk. Reason: no milk commissioner! Tough task taking states together B H Kothari - a tribute A Grand Finale for SN’s MS centenary at the US… Online not in line with brick and mortar businesses... The rise and fall of Annamalai University Tribute – UCAL Selvan… Of course, Gujarat is vibrant Road development slows down Sri Lanka votes for change China invests in India An informal presentation - analytical, forward locking... S Ramanathan – a versatile musician, musicologist A professional at the helm of IRDA... TGS- The king storyteller Nuclear power at the nucleus The why of tax incentives Another Indian music maestro at the UN Return to king coal for urea... TN – agglomerate land holdings without alienating ownership Like Hinduism: many paths to reach God... The Ports’ Pasha expands into Tamil Nadu Paytm karo... New IT products of Ramco in the pipeline… Infrastructure funding – lessons learnt Align crops to agro climate endowments… Whistle-Stop Tour of Raghuram Rajan Naidu will soon build a new Hyderabad He saved millions from starvation... TIAM turns a full cycle Shale gas and its shallow future Sweet news for TN sugar mills IPL - no surprise this scam A proud Madrasi Engineering seats go abegging Wanted: a second airport for Chennai He continues the focus on social amelioration TELANGANA at last…BUT The Jan Dhan bonanza Editor's Says West Bengal: mindless malignancy Rs.1600 crore paper board plant of TNPL More tributes to GR A yen for wastage… The nuclear option Dr C Rangarajan returns to Chennai Streamlining mandatory third party cover Tihar, Puzhal not different from Parappana Agrahara More Shakti to resource mobilisation... Adharma of opposition politics Tatas moving out of urea production... Welcome GST Demise of a media baron... Bihar – Nitish Kumar adopts the Lalu model Maximising the micro pricing … All eyes on Sankara Nethralaya Things happen by accident and not by design... The rise and rise of KCP Moily’s bold thrust Don’t seem to feel the pulse… L&T- the specialty of special purpose vehicles The star of Spencers is no more Lesson from Chandrababu Naidu Liberal imports idling indigenous capacities The few handicaps... Delhi is distant… Fuel for thought Tribute – M V Murugappan The power-full Hindujas A more liberated TN… Delhi returns to BJP Marketing expert Balagopal is no more Russi Mody – a tribute Cement prices continue to rise… Scientists urged to take up farmer-oriented research The ‘Ayyo-yes’ is no more Quality silica from Neyveli Muffled voices for merit… The Gulf aviation boom PC’s preference for professionals Limit foreign borrowings to hi-tech, export potential projects... Where a state respects its litterateurs… Shaming of Tamils by Tamil farmers at Delhi Protest masters... Godspeed, Chief Minister JJ L&T: focus on infrastructure and more infrastructure… Robber barons everywhere Discoms deserve better… Contrarian cousins GNS - 100: our first subscriber Shanti and Sadhana through Music Alexa – Talking Wikipedia
 
Modi storms Silicon Valley

The Silicon Valley visit of Prime Minister Modi in September was evocative and brilliant. His address along with the leaders of the IT sector was superb. It contained the specific strengths of India, her needs and the business opportunities offered.

There was also the contrast: Chinese Premier Xi Jinping visited the US about the same time. While the large American software companies rushed to China over the last two decades and built businesses in quick time, these encountered a lot of issues relating to IPR and difficulties of enforcement of legal contracts. There were wide complaints on either side. Large new corporations also succeeded in acquiring big businesses from the US. eg. Lenovo acquiring IBM’s computer hardware business. There are also other corporations that would build huge businesses on the American model (example: Alibaba) and compete with US grants.

The prospect for tapping the large Indian market and the familiarity of the chief executives and senior executives of Silicon Valley companies with India are special advantages.

The Indian diaspora concentrated in the Silicon Valley made the most of Modi’s visit. In a repeat of the Madison Square Garden meet a year ago, the diaspora made the most of the visit of an Indian Prime Minister after 30 years.

Apart from the meeting with the four software luminaries, Modi visited Apple and Tesla Motors. Apple CEO Tim Cook indicated prospects of a manufacturing base in India. At Facebook headquarters, Modi had a town hall meeting with Mark Zuckerberg. In a carefully planned question answer session, Modi responded to questions posed by Zuckerberg and also a few employees of Facebook.

This town hall meeting was a replica of US President’s similar town hall meet in New Delhi last year. Modi chose to respond in Hindi.  He dramatised to the last question by asking Zuckerberg about his mother and turned quite emotional.  One was reminded of superstar Rajnikanth in the Tamil movie Mannan where the song Amma Endru Azhaikadha Uyirillaye became a super hit. Only our Prime Minister didn’t really sing, but was so full of emotion.

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