Business Today

Readers forum

'Your cover story on N. Srinivasan is a comprehensive account of a controversial man'
Print Edition: July 7, 2013

He'll Be Back
Your cover story on N. Srinivasan (The Company He Keeps, June 23) is a comprehensive account of a controversial man. While his role as cricket administrator is well known, his India Cements story is less so, and was fascinating to read. He has gone through a rough time lately, but even with his stepping aside from the post of BCCI president, I feel this is not the last time the media will discuss Srinivasan.
Abhinav P., New Delhi

CFOs Are Navratnas
Your survey on the best CFOs of the country (India's Best CFOs, June 23) was interesting - the individuals themselves, the facts and figures about their companies. The best CFOs are like the navratnas of India. They have made corporate India strong. Business Today has done well to recognise their stellar performance at a time when the economy is on its knees.
Akhilesh Kumar Sah, Faizabad

Cash Drain
Your story on the Indian arms of multinational companies increasing their royalty payments to their parent companies (Royal Flush, June 23) was disturbing. As your report shows there is no way they can justify the additional payouts. Their performance is no better than before, and indeed many of them lag behind their Indian rivals, so the alibi of transfer of superior technology, etc., will not wash. What prompted the government to lift the earlier cap it used to have on such royalty payments? That such high-profile companies like HUL, Nestle and Maruti Suzuki are among the culprits is a sad commentary on their commitment to India.
M.C. Awasthi, Indore

Hard Questions
Your story on mobile gaming (Ahead of the Game, June 23) companies in India was enjoyable. It was interesting to learn that our companies are creating games for an international market, but I wonder if we can ever compete with some of the global gaming giants. Do we really have the kind of money it takes to develop big-budget games that can hold their own? Also, do our game developers have the necessary cultural and historical knowledge to make games that strike a chord with a foreign audience? Given the pace at which new games keep hitting the market, can we really keep pace? I hope the Indian gaming industry is able to understand the global market and make more money there than it has in the Indian market.
Kartik Mehra, Mumbai

Repeat Offender
Many men have been undone by their weakness for women. But Phaneesh Murthy (Fatal Attractions, June 23) is a class apart, in that fate gave him a second chance, which very few people get, and he blew it all over again. And even more than his alleged extra-marital affair with Araceli Roiz, which led to iGate sacking him, his unwillingness to take responsibility after he got her pregnant, casts him in a very poor light.
P.L. Pathak, New Delhi

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