Wednesday, March 04, 2009

'Slumdog Millionaire' opens a new passage to all things Indian

Here is an interesting article in USA today. Is India getting closer to American mainstream like Latino and Chinese culture? Every Indian knows A.R. Rahman is one of the best world musicians, but sadly till now the world didnt know it. There are so many of these untapped talents that might start coming out. Who knows, maybe Amir Khan might be the next Tom Hanks (ok, Tom Hanks is uncomparable, but there is nobody else in Hollywood who can take up his mantle when he retires, so why not somebody from Bollywood?)

http://www.usatoday.com/life/lifestyle/2009-03-03-india-slumdog_N.htm

Hurray for ... Bollywood?

Not exactly, but there's no doubt the success of India-set Slumdog Millionaire — eight Academy Awards and more than $100 million at the box office — has magnified India's profile and accelerated the mingling of American and South Asian cultures.

Who knows? Just as salsa came to rival ketchup as America's top-selling relish with the diffusion of Latino culture, maybe Slumdog is a sign more Americans will be consuming even spicier fare.

So pass the chutney.

"Now you can find Indian food even in mainstream grocery stores," jokes Vin Bhat, the American-born co-founder of Saavn, a New York-based company that, as the largest digital distributor of Bollywood movies, music, videos and ringtones, is benefiting from the success of Slumdog.

Music to more and more ears

"We're seeing a tremendous impact," Bhat says. "We're already seeing record downloads on iTunes and other major carriers; we're seeing a lot of people purchasing tracks and albums by (Slumdog composer/musician) A.R. Rahman."

In fact, the soundtrack is top the album on iTunes and vaulted 26 spots to No. 22 on the Billboard chart in the days after the Oscars.

"People are buying Slumdog— it's an access point for people to explore other movie and musical content from India," which is easier to do nowadays, thanks to the Internet, Bhat says.

Indians in America, long concentrated in the tech industry, say it's about time. (Indians are the largest ethnic group among the South Asian population.)

"Perhaps it took something as spectacular as the Slumdog sweep to confirm our 'arrival' as a cultural, and not just professional, force," says Ragini Tharoor Srinivasan, editor of the American monthly India Currents.

The India-is-cool trend has waxed and waned for decades. "It goes back to The Beatles, Ravi Shankar, the Maharishi — look at how yoga is mainstream now," says frequent visitor Dan Storper, founder and CEO of Putamayo World Music, which expects its first, just-released all-Indian music CD, India, and coffee-table book, India: A Cultural Journey, to be best sellers in part thanks to Slumdog.

"There has been a curiosity about the region for a long time, but it always takes one big thing to take it to another level," Storper says. "The stage is now set."

Hollywood might be more willing to gamble on Indian-themed movies and other East-West collaborations now that Slumdog has established audience interest, says Chitra Banerjee Divakaruni, the Indian-born American novelist and author of The Mistress of Spices and just-published The Palace of Illusions.

"We're kind of on the cusp, and Slumdog might tip us over," she says. "Fiction touches the imagination, and the impact lives on long after the facts of non-fiction have faded."

More and more, Bollywood and Hollywood are hooking up. Aussie singer Kylie Minogue is making her Bollywood debut in Indian superstar Akshay Kumar's upcoming film, Blue, and has already recorded two songs for it, including the title track by Rahman.

Sylvester Stallone is appearing in an Indian film co-starring Kumar, Incredible Love, made in Hollywood and due out this year. Warner Bros. released the Hollywood-made Chandni Chowk to China, a Bollywood-style martial arts movie aimed at the world market, also starring Kumar, last month. Will Smith, Tom Hanks, Julia Roberts, George Clooney, Brad Pitt, Tom Cruise, Bruce Willis — all are said to be working out deals with Indian entertainment companies.

"There's all sorts of people going to work" in India, Slumdog director Danny Boyle told reporters backstage after winning his Oscar. "The world's shrinking a little bit."

But don't expect pure Bollywood down at the local multiplex. The genre is not really most Americans' cup of tea: no sex, not even kissing, and lots of over-the-top song-and-dance numbers. Five years ago, Bride and Prejudice, a Hollywood-Bollywood version of Jane Austen's Pride and Prejudice, flopped at the U.S. box office.

"The people who go to see Paul Blart: Mall Copa ren't going to start watching Bollywood films," says box-office analyst Gitesh Pandya, editor of BoxOfficeGuru.com. "But the exposure opens up more eyes."

Slumdog itself isn't very Bollywoodish: There's only one musical number. It's a British production with a British director, a British-Indian male lead and a Dickensian story of a Mumbai slum-dweller's rags-to-riches romance.

Nor is it the first India-themed movie to sweep the Oscars: Gandhi, a British production with a British cast and crew, took home eight top awards in 1982 but had almost no effect on U.S. culture.

Increased familiarity

By contrast, Slumdog lands in the American consciousness just as South Asian names, faces and accents are being heard more, thanks to immigration and population growth.

Nowadays, many Americans have Indian doctors — in fact, Indian-American Sanjay Gupta, a neurosurgeon and CNN correspondent, is being considered for U.S. surgeon general.

"For years, Indians complained about TV hospital shows that had no Indian doctors — it was completely unrealistic," Pandya says. "Then (British actress) Parminder Nagra was cast in ER, and everyone celebrated. This second generation born and raised in the U.S. wants to be represented" on TV.

And in politics. Louisiana Gov. Bobby Jindal, who delivered the GOP response to President Obama's address last week, is the first Indian-American ever elected to a statewide office — and the first Indian-American politician to address the nation on national television.

South Asian names and faces are becoming more familiar in screen credits (director M. Night Shayamalan, The Sixth Sense); on TV (Kal Penn in House, Naveen Andrews in Lost, Sanjaya Malakar and Anoop Desai on American Idol, Aasif Mandvi on The Daily Show, even Apu on The Simpsons); on the news (Martin Bashir on Nightline, and Ali Velshi and Fareed Zakaria on CNN); and advertising (Indian-American Ajay Mehta stars in Fiber One cereal ads).

In music, Western pop stars such as Snoop Dogg, Jay-Z and Britney Spears, hook up with Indian stars and make hits. Singer M.I.A. is a London-born Sri Lankan; No Doubt bassist Tony Kanal is a London-born Indian.

Golf fans follow Vijay Singh, a Fijian of Indian descent, lifestyle junkies follow Deepak Chopra, and readers snatch up books by the likes of Salman Rushdie, Arundhati Roy and Jhumpa Lahiri.

"We're trying to bridge the gap between East and West, and there's a natural musical and creative synergy between Western music and classic Indian music," especially the rhythmic Bhangra genre that blends well with hip-hop, says Ted Chung, chairman of the Cashmere Agency, a Los Angeles company that brought Snoop Dogg together with Akshay Kumar to make the title track of Singh Is Kinng, a hit in India last year.

"The passion that drives us is to show each other's culture and expose people to new things, so they're not so ignorant or afraid of something they don't know," Chung says.

Funny Math Video

Who said recessions must be gloomy. Enjoy the fun with the recession math:

Monday, March 02, 2009

Funny video on Optimism

This video is awesome. How many times we take modern things for granted? The credit crisis is partly led by customers who felt entitled to various things - new homes, biggest Plastma TVs, shiny cars...  all on credit.

World's best companies - Fortune list

This year's list of best companies is released by Fortune.

World's most admired companies:

image

Wednesday, February 25, 2009

The curious case of Chander Mohan and the anachronism of the sharia law in India

 

Today's Wall Street Journal reports about an Indian politician's escapade.Basically, this guy wanted to have an affair and marry his mistress and made full use of India's archaic legal system. While even many Islamic countries don't have sharia law allowing folks to marry multiple wives, India has them. One cannot believe a secular 21st century democracy, giving equal rights to both sexes still follows some archaic law that is hopelessly out of place with the march of the modern civilization.

When will India come to modern age and repeal such anachronistic laws?

....................

http://online.wsj.com/article/SB123552228845764863.html

chander mohan and second wife anuradha bali"Chander Mohan, deputy chief minister of the northern state of Haryana, made a shocking announcement. Mr. Mohan, whose overwhelmingly Hindu state of 23 million people is among India's most prosperous, declared that he had converted to Islam. The 43-year-old father of two added that he had also just wed a second wife, another Muslim convert....

What's happened since has all the trappings of a Bollywood plot, replete with an alleged kidnapping and mysterious disappearances. The drama's serious subtext shows how crucial religious identity remains in a country that bills itself as the world's largest secular democracy....

...A divorcee, Ms. Bali says that her affair with the politician began after the two met by chance at a juice stall in 2004. She says she yielded to Mr. Mohan's insistent messages and love letters -- some of which, she claims, were written in blood.

...Indian law, however, prohibits bigamy and makes divorce a complicated procedure. It might have been especially complicated in Mr. Mohan's case because his house and numerous other assets are registered in the name of Ms. Bishnoi and their children.

Yet, there was a loophole: India's 150 million Muslims, unlike other Indian citizens, are exempted from the secular legislation in family matters. Instead, they are governed by Islamic personal law, or sharia, which permits Muslim men to have up to four wives. "

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Tuesday, February 24, 2009

What do Indians search?

 

I was going through google search trends - http://www.google.com/intl/en/press/zeitgeist2008/world.html#top and it is fascinating to see what Indians search the most J. I have not seen so many actors in the zeitgeist for any other country. And interestingly there is no male actor in the list. So, I think search in India is highly dominated by boys and I guess any search company trying for Indian market should note the demographic trend and configure the product accordingly. The overall theme fits with the fourth column.

 

Top searches on Mobile

1. orkut

2. yahoo

3. waptrick

4. gmail

5. games

6. katrina kaif

7. rediffmail

8. yahoomail

9. namitha

10. google

Fastest Rising

1. youtube

2. orkut

3. katrina kaif

4. cricket

5. irctc

6. facebook

7. genelia d'souza

8. beijing 2008 olympic games

9. sixth pay commission

10. ipl

Most Popular

1. orkut

2. gmail

3. yahoo

4. google

5. youtube

6. yahoomail

7. indian railways

8. rediff

9. cricket

10. katrina kaif

Top 'how to' searches

1. how to reduce weight

2. how to kiss

3. how to earn money

4. how to get pregnant

5. how to learn english

6. how to gain weight

7. how to play guitar

8. how to create a website

9. how to impress a girl

10. how to tie a tie

Wednesday, February 18, 2009

Contribution of Computers and Internet to Economic growth

 

Also appears in: http://econjournal.com/2009/02/11/contribution-of-computers-and-internet-to-economic-growth/

How come we see the computer revolution everywhere except in the [aggregate] productivity statistics?

- Robert M. Solow, Winner, 1987 Nobel Prize for Economics (Sveriges Riksbank Prize)

imageComputers, Internet and mobile phones have fundamentally changed our life the last 2 decades. We could do more efficient shopping, connect to a lot more people and be more productive at work. As an engineer who have been a part in developing an Operating system, a search engine and a social networking tool  - the three main products of this revolution, I feel they are great things to both build and to use. They make individuals much more productive looking at the micro level. However, looking from an economic point of view and see the Macro picture I’m bogged down with “Show me the money”. Economists of the 1980s and 90s have debated a lot about this and suggested that they may not have caused a lot of economic growth.  As this review shows, the economists of late 80s successfully argued that this paradox is due to “mismeasurement, lags, redistribution and mismanagement”.

However, over a long period of time you should see the effect in economic growth, as the indirect effect of the productivity increases reflect in the macro economy. And things have changed since the original “productivity paradox” came, as PCs came into the living room and internet connected the ordinary people to do their mundane stuff in networks originally designed to survive nuclear attacks.So in this decade, have the powerful PCs, Smartphones, Search engines, Facebook led an explosive economic growth? In reopening the debate and looking at the recent data, there still seems to be dismal evidence for the productivity growth from the modern revolution. It is possible that the economy might have reached a saturation as a $10 trillion economy cannot continue to be sprinting like a $1 trillion economy, but still 1.7% annual growth in per-capita income since WWW came seems less. There might be other small causes too. The article concludes with what might be a possible cause for this.

Where do US Universities spend their money?

 

Also appears in EconJournal

Cambridge - Memorial Hall, Harvard University by bunkosquad.Have you ever wondered where do the money from your tuition go? How do the universities spend their money? Why does the cost of tuition grow 2X  more than the inflation rate? Why are the US universities extremely inefficient and uneconomical? I didn’t find any other study and workable stats on university spending in the net, so I just made a small exploratory study on how universities spend money.

Organization of this essay:

Part 1 concerns endowments, Part 2 contains analysis on a private University (Harvard) and Part 3 contains analysis on a public university (UW) and Part 4 is the initial conclusion. If there is enough audience interest, I will go deeper into this problem in further posts.

I started from this chart from my earlier post and started digging where the universities spend their money in.

Tuesday, February 17, 2009

My 2020 Wishlist

New Gold Dream... by law_keven.1. Economical solar power (less than $0.05/kWh)

2. Economical water desalination (less than $0.001/gallon)

3. 100% global literacy

4. Democracy and Law & Order returning to Sub-saharan Africa

5. Poorest countries of developing world getting within a factor of  ½  or more of developed world’s per-capita income (around $40K/yr)

6. Significant protection of coral reserves & tropical forests and help rebuild the damage to nature

7. Reversal of global warming using the cheap energy from #1

8. Eradication of most preventable, communicable diseases (including Polio, Malaria, Cholera, Tuberculosis and Typhoid)

9. Programmable homes, enabled by Nanomechanics, to enable changing in color, structure and other physical properties on demand, and making homes extremely cheap, mass producible and still satisfy consumer choices

10. Foldable, collapsible cars that can completely compact on demand (you can park the car in the closet) and give options to hold from 1 to 10 passengers, with adjustable sizes, and passing all the crash tests.

Header Image from: http://www.flickr.com/photos/66164549@N00/2455160742/

Tuesday, February 10, 2009

H1b and Innovation

Here is an interesting paper on H1b and the contribution to innovation.

http://www.hbs.edu/research/pdf/09-005.pdf

clip_image008

It’s a pretty long paper and some parts of it are too technical. So, I have reorganized into two main themes and summarized the contents below.