Indian businessman says he bought Barbados Tridents for $100

first_imgNEW DELHI, India (CMC): Indian businessman Vijay Mallya says he has paid only $100 for the Barbados Tridents, a franchise in the Caribbean Premier League (CPL) T20 tournament. Mallya’s revelation comes roughly two months after he made the purchase, ending weeks of speculation about the sale. Tridents is one of six franchises participation in the CPL, which is set to bowl off from June 29 and run until August 7. “Everyone made a big drama about me acquiring the CPL team Barbados Tridents,” said Mallya. “It was an acquisition that was not made for any cash. The acquisition was made for just $100.” Mallya has been described as a troubled businessman who left India last month amid attempts by creditors to recover US$ 1.5 billion owed by the long-grounded Kingfisher Airlines. He bought the CPL team in February just before stepping down as chairman of United Spirits and subsequently also lost control over IPL franchise Royal Challengers Bangalore. “By buying the team, me and the other shareholders assumed the obligation to participate in the tournament,” said Mallya. “Now, participation in CPL cost money. So I went to the Barbados government saying ‘I need your support’. I met the prime minister and the government agreed to support, but I paid $100 only to buy the team.” Mallya says the cost of running the franchise is estimated to be around $2 million. “The Barbados government is granting subsidies to the franchise. People don’t get it, and jump to conclusions without knowing the facts,” said Mallya, who is reportedly living in the United Kingdom. “There is a cost of participation, such as players’ salaries and franchise fee. So I worked out all the numbers, studied the model and went to the government asking for help. They were keen to help me.”last_img read more

I hope India and Bangladesh will have a seamless border in future

first_imgOur film Shankhachil is a story of a family who lost their nation and motherland due to India and Bangladesh partition. The word Shankhachil means boundless, who has no boundaries, no limits. Without the awareness of the past, one cannot move ahead in future. Present is basically a moment in past and future. Past is witness to us. If we want to work on the present, we need to have ideology about our past.Our political scenario; our condition during the time of partition is definitely what students are probing about. But what I see, in future it will be a seamless border. Our colloquial history is same, the culture is same, and the language we speak is same, we would definitely witness the two countries as one, may be today or some other day. Shankhachil is an initiative. It is a film, a story, a history, and some suggestions for the youths. The youth will bring us together and we’ll find no division or boundaries. We have made the film in perspective of a river which has divided the two Bengals, but not the humans who have divided it.This film belongs very much to the present generation and there is a deep emotional attachment built in the film, in the context of partition.last_img read more

Vice President to unveil Gandhis Grand Wall Mural

first_imgIn what comes as a rare tributary endeavor of Khadi and Village Industries Commission (KVIC) to Rashtrapita on his 150th Birth Anniversary Year, Vice President Muppavarapu Venkaiah Naidu will unveil Mahatma Gandhi’s ‘Grand Wall Mural’ at New Delhi Municipal Corporation (NDMC) Main Building on January 31, 2019.This 150 square meters clay mural is made of ‘Kulhads’ from the hands of 150 village potters across India, who assembled to make it at Morbi in Gujarat. Also Read – Add new books to your shelfEnthused with the classical efforts shown by the artisans, KVIC Chairman Vinai Kumar Saxena said that KVIC had decided to mark the occasion with practical display of Gandhian thoughts on village industries, at a time when the whole nation is celebrating Gandhiji’s 150th birth anniversary in different styles. “With the co-operation of these 150 highly-skilled potters from all over the country, we have made this wall mural, using their kulhads,” he said, adding, “They had brought clay of their respective regions which has been mixed to produce the kulhads for the mural. Kulhads of 75 mm diameter and 90 mm height were made on electric pottery wheels given by KVIC.” “The potters have finished the kulhads as per tradition and design requirements. Altogether 5,000 kulhads were produced, of which the best 3,870 kulhads – making them all-weather proof by baking at high temperatures and glazing – were used in the final design.” Ahmedabad-based designer terracotta and ceramic art studio, Clay Club Innovations, had designed the artwork. Expressing his happiness on this tributary endeavour of KVIC, the Minister of State for MSME Giriraj Singh, who will be the Guest of Honour on this occasion, said, “It will really be a proud moment for the nation when KVIC’s grand mural will prominently be displayed in the heart of the national Capital – showcasing the combined ‘sweaty’ efforts of village potters across the nation.”last_img read more

Angry Birds 2 Announced by Rovio

first_img 2 min read Growing a business sometimes requires thinking outside the box. If you thought the human race had finally persevered and withstood the barrage of Angry Birds sequels, spin-offs, and merchandise, then get ready for this news! Angry Birds 2 is coming out on July 30 for iOS and Android.Yup, Angry Birds 2. Because Seasons, Rio, Star Wars, Space, and whatever other games came out between then and now simply were not sequels, Rovio gets to release Angry Birds 2. The situation sounds a whole lot like a Halo 4 or Grand Theft Auto IV to me. Those ones in between, they just don’t count.Rovio has this to say about its game.Back in December 2009, when we were just a small games studio, we released our 52nd game featuring colorful birds, green pigs, a slingshot and a super catchy theme tune. Fast forward to 2015 and Angry Birds has taken the world by storm.With 3 billion game downloads, millions of fans across the globe, multiple mashups and spin-offs, collaborations with A-list celebrities and much more, we’re really proud that Angry Birds is the mother of all mobile game apps. And now we’re proud to announce the mother of all sequels – Angry Birds 2!All of us here at Rovio can’t wait to show our fans what we’ve been cooking up! We’re SUPER excited. Follow Angry Birds on Facebook,Twitter, Instagram, Vine and YouTube during the next couple weeks and you’ll see something a little piggy is going on…Angry Birds 2 flocks into app stores worldwide on July 30. Get ready to fall in love again!Kami-sama… save us all. This story originally appeared on TechnoBuffalo July 16, 2015 Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Register Now »last_img read more

Why Corporate Collaboration Tools are Fundamentally Flawed

first_img 5 min read February 13, 2017 Listen Now Hear from business owners and CEOs who went through a crippling business problem and came out the other side bigger and stronger. Opinions expressed by Entrepreneur contributors are their own. Problem Solvers with Jason Feifer Facebook Workplace and other popular corporate collaboration tools, such as Yammer, Slack, Skype, WhatsApp and Salesforce Chatter, all promise a kind of magic bullet for today’s geographically diverse workplace. And, if the goal is easier communication and a more modern channel for information sharing, then these tools can achieve some measure of success.Where they miss the point, however, is in their ability to derive meaningful insights from the interactions that take place between and among employees.Related: Collaboration Tools of the Most Productive Remote Teams A recent article in CIO featured efforts by skincare company Rodan & Fields to improve internal collaboration by using Facebook Workplace. The article touted the benefit of consolidating many software platforms down to one, and creating a “commonplace and common model for people to interact.”Collaboration has become something of a buzzword lately due to an abundance of so many new collaborative technologies hitting the market. And the right collaboration tools will increase productivity by instilling positive changes in how people work and by fundamentally changing the corporate culture.But companies have to make more than halfhearted attempts at collaboration: Instead, they’re realizing only half of the value of collaboration by creating better ways to discuss ideas, but putting fewer of them in place. The great irony is that those companies that view collaboration as synonymous with IM or chat features are not properly equipping their workforces. They also risk creating a culture of employees who collaborate more without feeling more connected.Instead, the goal should be to develop new ideas that are not only hashed out, but actually heard by senior management and implemented. To be effective, collaboration platforms require a real evolution in the overall workplace culture. Management should move beyond static business silos to support the healthy sharing of new ideas across diverse project groups.Collaboration should increase workforce unity.People willingly choose to use new systems when they can achieve actual benefits from them. On the other hand, people forced to collaborate against their will often resist the process until it becomes counterproductive. For this reason, the most effective organizations measure the success of new collaboration tools based on staff adoption.Business collaboration software systems have come a long way over the past decade. The original classic collaboration programs, Lotus Notes and Microsoft Sharepoint, gave way to a new generation of tools that allow dispersed colleagues to conduct business around the clock and around the world.Popular new tools such as Slack, Hipchat and Microsoft Teams have taken a chat-based approach to collaboration. Enterprise systems, including Microsoft Yammer, Salesforce Chatter and Jive, then created Facebook-like social media platforms for business, before Facebook itself introduced its own workplace tool.Related: Email Is Not the Best Solution for Collaboration Other collaboration platforms such as Dropbox, and Google Docs allow remote teams to share the editing of online documents and files.The most effective platforms allow workgroups to propose creative project solutions and vote on shared priorities. Crowd-solving can increase the “democratization of strategy” through team brainstorming, business author Bill Donius wrote in the Huffington Post. He explained that this process “allows a team to quickly identify powerful ideas and potential strategic solutions.” In addition, he said, participants will feel more invested in the outcomes because they helped form the strategies.All these new tools remain a means to the ultimate end, which is bringing co-workers together. Of course, collaboration is not a one-off project — it requires continuous adaptation to incorporate new tools and strategies over time.Re-think workplace collaboration.Nurturing collaboration requires a positive setting that encourages people to brainstorm ideas and question decisions in a non-judgmental atmosphere. Everyone should recognize that distinct personalities take different approaches to problem-solving, so leaders should encourage colleagues to respect and encourage one another despite their differences.To keep everyone on the same page, team members should have a regularly scheduled meeting format to share their plans for daily and weekly tasks. Likewise, all successful project outcomes should be communicated to the rest of the group to improve staff morale and promote a “can do” attitude.It also makes sense for managers to carefully examine how employees pool company resources, form alliances and achieve common objectives, according to Future Think CEO Lisa Bodell, writing in PWC Strategy+Business. Bodell suggested designating some team leader to serve as a connector who can bridge divisional silos and coordinate activities among various work groups.Another strategy for collaboration involves creating peer-to-peer mentorships that pair people from different business units to share their thinking about new ideas and resources. Such mentoring programs should include written guidelines and deadlines to ensure successful results.Physical office spaces provide yet another way for bringing people together. Many companies prefer open floor plans to spark spontaneous conversations. Roughly 70 percent of all U.S. offices now feature open workspaces, according to data from the International Management Facility Association.Yet, even offices with walls, cubicles and partitions can unite colleagues through common areas and break-rooms that include comfortable seating and spaces for meals or conversations. Sometimes, locating people from different departments within the same office space stimulates fresh thinking and enhances collaboration.Related: Facebook’s WhatsApp Adds Secure Video Calling Amid Privacy Concerns Collaborative efforts can enable a business to become much more dynamic by integrating siloed work processes and broadening market opportunities. In this way, truly collaborative workers will achieve new synergies that spark innovations and allow their companies to thrive.last_img read more