A tale of two brothers

[email protected] (V Krishnaswamy, Tehelka)
February 18, 2014

two_brothers

His favourite book is The Godfather. His favourite film probably goes by the same name, but we don't know if he watches films at all. Most of his cars have the registration number 9001. He loves his immaculate Savile Row and Armani suits and his scotch in the evening. If there is something he regrets, he once told a TV interviewer in jest, it is his golf handicap that has gone from eight to double digits. He hates losing.

He is the president of the Board of Control for Cricket in India (BCCI); the next ICC chairman, set to take over in June 2014; the 'de-facto' owner — he denies it — of the Chennai Super Kings; former president of the All India Chess Federation; and the reigning supremo of the Tamil Nadu Cricket Association and the Tamil Nadu Golf Federation. Meet Narayanswami Srinivasan, a man, who does not know the meaning of giving up.

These days, it is not just cricket that is in trouble. Olympic sports, always a poor country cousin to cricket in India, too, has been in trouble. It was always in a bit of a mess, but the pain has become more acute now. Some years ago, the Indian sports officials decided they could conduct a successful Commonwealth Games. Those Games in 2010 went off well, India won almost a 100 medals, but the mess began thereafter.

Reports of financial wrongdoing, large-scale corruption and much else began emerging. Soon after that, a whole lot of people connected with the Commonwealth Games were made to shift their residences temporarily from their posh homes to Tihar jail. Then in November 2012, within a few months after India won its best-ever haul of six medals, it was suspended by the International Olympic Committee (IOC). Reason: the IOC felt that 'tainted' officials ought to be shown the door, but the Indians disagreed, and the IOC simply banished the Indians and forced onto them the ignominy of walking behind an Olympic flag instead of the Indian tricolour. It hurt when a bunch of Indian youngsters won medals, including gold, at an Asian Youth Games, but were forced to stand behind an Olympic Council of Asia flag.

Last week, India's only five-time Winter Olympian, Shiva Keshavan and his two colleagues Himanshu Thakur and Nadeem Iqbal, too, were not allowed to carry the Indian colours. The whole nation seemed to be up in arms.

Yes, Olympic sports in India needed a saviour.

And in he walked. He was a former president of the Indian Triathlon Federation, who went on to head the Asian Triathlon Federation.

Side by side, from being the Secretary-General of the Squash Rackets Federation of India, he became its president and was then elected president of the Asian Squash Federation in 2005. He was re-elected to this position in 2005 and by 2009 he was the Patron of the Association. In between in 2008, he took over as the president of the World Squash Federation (WSF) from Jahangir Khan. In 2012, he became the World Body's president for a second term. Coming into the Indian Olympic Association (IOA) as an associate vice-president, he was elected a vice-president in 2005 and in 2007, he was appointed as an executive committee member of the Sports Development Authority of Tamil Nadu. A member of the Audit Committee for the Delhi Commonwealth Games 2010, he was also on the executive board for the Games. He sure knew his way up.

As a president of the WSF, he twice, though unsuccessfully, made presentations to the IOC to include his sport in the Olympic programme. It was supposed to be a creditable presentation, but it lost out to wrestling, a sport that has won India medals in the past two Olympic Games.

This past week, he became the new IOA president. Unopposed, just as many of his elections in other sporting bodies, have been. That he was also being called a 'proxy' for the 'tainted' officials is another matter. Outside of the sports arena, he was a respectable industrialist and a former executive director of India Cements and his interests included sugar, shipping, power, and trading and finance. As if that was not enough, he is also the honorary consul for the Government of Latvia with jurisdiction for Tamil Nadu and Kerala. Meet Narayanswamy Ramachandran, the new IOA president and brother of N Srinivasan.

Indian sports can be divided into two categories — cricket and the rest (that means Olympic sports). One brother, 'Srini' held the reins in cricket and 'Rami' was the master of the rest. Under normal circumstances, that would merit a headline by itself: Brothers ruling Indian sport. Alas, not all stories are fairytales. The two brothers are hardly, well… brotherly, or even friends.

A LOT has been said and written about how Srinivasan returned from the United States at the age of 23 to take over his father's business. Then began a series of tales, which saw him take control, and then lose control of the business at India Cements. But the man who never gives up waited for his time.

He cultivated friends in the right places and after 10 years, got his business back. He may attribute it to luck, but luck, if any, was just a footnote. It was a result of his tenacity and ability to bounce back.

His has been a tale of nurturing and leveraging powerful relationships. Murasoli Maran, nephew of DMK supremo M Karunanidhi, was his friend and it was with his help that he wrested back the control of his business. That Maran's son, Kalanidhi, also a media baron, became the owner of Sunrisers Hyderabad, when the team came up for grabs in the last season, would seem a coincidence, but insiders say, Srinivasan's presence helped. Besides, Kalanidhi also owns an airline.

Srinivasan's friends included the late BS Adityan, a former IOA president and a business magnate, who owned a string of newspapers and a TV channel, NDTV-Hindu. Adityan was a director at India Cements till he passed away in 2013.

Interestingly, Ramachandran too, was once a director in the company. Of course, elder brother Srini was all-powerful. Then suddenly in 2009, Srinivasan bought over Ramachandran's stake in the company and both refused to talk about it, calling it a private transaction. To date, no one is clear, why Ramachandran, 61 then, and three years younger than his elder brother, decided to suddenly leave.

As time went by, Srnivasan grew and grew while Ramachandran stayed in the shadows. Or so it seemed.

Ruthless to those who dared to oppose him and benevolent beyond imagination to those he considered 'loyalists', Srinivasan has as many admirers as detractors. For every official, who he has sidelined or brushed aside in his march to numero uno position in Indian cricket, there is somewhere a cricketer, local or national, he has given a job. He has backed no less than a dozen teams, probably more, at local and national leagues and the list of cricketers he has had on his rolls is like a who's who of Indian cricket — current India and Chennai Super Kings captain MS Dhoni, former India captains S Venkataraghavan and Rahul Dravid and many, many more have played for his teams.

It is said that when it came to giving the former players monies for their contribution to Indian cricket, many other BCCI officials felt it should be done in instalments to ensure the ex-cricketers stayed ingratiated to the Board. Srinivasan rejected the idea and gave the money in one go. The likes of Sunil Gavaskar, Kapil Dev, Ravi Shastri, Dilip Vengsarkar, Syed Kirmani were among those who got Rs 1.5 crore each from the Rs 75 crore or so that was distributed among the 174 cricketers who retired before 2004.

Srinivasan's detractors allege that he has caused losses of hundreds of crores to the BCCI because of various deals — allegations that have not yet been proved. Srinivasan himself is unfazed.

When it comes to the alleged 'conflict of interest' of 'owning' an IPL team and also being the president of the BCCI, Srinivasan claims the team belongs to India Cements, and not him. That he is also the managing director of India Cements is another matter.

Srinivasan's son-in-law, Gurunath Meiyappan, who for the past six seasons was seen hobnobbing with the Chennai Super Kings, was arrested last year and questioned in connection with alleged betting and fixing matches in the IPL. Both charges are yet to be proved in a court of law.

The Justice Mudgal Committee, which was set up by the Supreme Court to look into the IPL scandal, has reported that Meiyappan did indulge in betting, but also said that it is unclear if he was involved in passing information, which could have led to fixing. The report has also claimed that Meiyappan was very much the face of Chennai Super Kings, while Srinivasan and Indian skipper MS Dhoni, who was questioned by the Committee, have claimed that Meiyappan was a mere “enthusiast”. That an enthusiast could sit on the auction table and be with the team on the ground is a little difficult to swallow. And there hangs a tale, whether or not Chennai Super Kings should be banned from the IPL as per the rules of the competition. The Mudgal report has been submitted and the matter will be taken up by the Supreme Court on 7 March.

Ramachandran may be relatively low-profile, but he, too, is no stranger to controversies. Clean Sports India (CSI), a non-profit organisation run by a bunch of sportspersons and officials, claims Ramachandran misled the government to get the Rashtriya Khel Protsahan Puraskar in 2011 by the President. The case will come up for hearing in the Delhi High Court on 21 February.

The CSI also alleges a case of conflict of interest (much like that of his elder brother Srinivasan) against Ramachandran. He is said to have given an undertaking to the WSF (which he currently heads) in 2012 that he had no commercial interest in the game, and projected himself just as a patron of Squash and Racquet Federation of India (SRFI). They claim he was then serving as the president of SRFI, but currently, the president of the SRFI is KS Tripathi.

While Ramachandran's election brought in immediate results and the Indian trio in the Sochi Winter Olympics will be able to walk with the Indian flag at the closing ceremony, Indian cricket and Srinivasan, who only a week earlier was named as the next ICC chairman, are under a cloud.

It is said Srinivasan does little without consulting his astrologer, who goes by the name of Vaastu Venkatesan. Years ago, the religiously inclined Srini ensured the rebuilding of the then dilapidated Ganesh temple outside the Chepauk Stadium (now the MA Chidambaram Stadium) in Chennai, from there the Gods watched his rise in the Tamil Nadu Cricket Association, which he has ruled for years

These days, Vaastu Venkatesan must be a busy man, and Srini needs a bit more than tenacity; he also needs the Lords' blessings more than ever before.

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Agencies
February 25,2020

Tokyo, Feb 25: Japan's Chitetsu Watanabe, recognized at 112 years as the oldest man in the world, has passed away 11 days after he received the Guinness World Record certificate, his family said on Tuesday.

Watanabe died on Sunday night, Efe news reported.

He received the official certificate on February 12 at a nursing home in Joetsu in Niigata prefecture, where he resided.

Soon after being certified as the oldest man, he began to experience a lack of appetite and respiratory problems, the wife of his eldest son told public broadcaster NHK.

Born on March 5, 1907 in a family of farmers, Watanabe moved at the age of 20 to Taiwan, where he worked at a sugar refinery for 18 years before returning to Japan after the end of World War II.

A fan of calligraphy, custard and ice cream, Watanabe told the Guinness team that the key to his long life was laughter.

He was recognized as the oldest male in the world following the deaths in 2019 of German Gustav Gerneth (in October), aged 114 years, and Japan's Masazo Nonaka (in January), at the age of 113, three months older than the German.

It remains to be seen who will be recognized after the death of Watanabe, the only male on the list drawn up by the Gerontology Research Group of the 30 oldest people in the world.

Japan has among the highest life expectancy in the world and the number of centenarians in the country has crossed 71,000, according to the latest government figures.

Since 2000, the number of centenarians censored has quintupled, raising concern for the economic outlook and future workforce of the country - where the birthrate is on a downward trend.

Out of these, 88 per cent are women.

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Agencies
June 19,2020

Denser places, assumed by many to be more conducive to the spread of the coronavirus that causes COVID-19, are not linked to higher infection rates, say researchers.

The study, led by Johns Hopkins University, published in the Journal of the American Planning Association, also found that dense areas were associated with lower COVID-19 death rates.

"These findings suggest that urban planners should continue to practice and advocate for compact places rather than sprawling ones, due to the myriad well-established benefits of the former, including health benefits," says study lead author Shima Hamidi from Johns Hopkins Bloomberg School of Public Health in the US.

For their analysis, the researchers examined SARS-CoV-2 infection rates and COVID-19 death rates in 913 metropolitan counties in the US.

When other factors such as race and education were taken into account, the authors found that county density was not significantly associated with county infection rate.

The findings also showed that denser counties, as compared to more sprawling ones, tended to have lower death rates--possibly because they enjoyed a higher level of development including better health care systems.

On the other hand, the research found that higher coronavirus infection and COVID-19 mortality rates in counties are more related to the larger context of metropolitan size in which counties are located.

Large metropolitan areas with a higher number of counties tightly linked together through economic, social, and commuting relationships are the most vulnerable to the pandemic outbreaks.

According to the researchers, recent polls suggest that many US citizens now consider an exodus from big cities likely, possibly due to the belief that more density equals more infection risk.

Some government officials have posited that urban density is linked to the transmissibility of the virus.

"The fact that density is unrelated to confirmed virus infection rates and inversely related to confirmed COVID-19 death rates is important, unexpected, and profound," said Hamidi.

"It counters a narrative that, absent data and analysis, would challenge the foundation of modern cities and could lead to a population shift from urban centres to suburban and exurban areas," Hamidi added.

The analysis found that after controlling for factors such as metropolitan size, education, race, and age, doubling the activity density was associated with an 11.3 per cent lower death rate.

The authors said that this is possibly due to faster and more widespread adoption of social distancing practices and better quality of health care in areas of denser population.

The researchers concluded that a higher county population, a higher proportion of people age 60 and up, a lower proportion of college-educated people, and a higher proportion of African Americans were all associated with a greater infection rate and mortality rate.

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Agencies
July 19,2020

New Delhi, Jul 19: Three of the 10 most valued companies added a total of Rs 98,622.89 crore to their market valuation last week, led by stellar gains in IT major Infosys.

Seven companies from the coveted list witnessed a decline in their market valuation last week, but their cumulative loss of Rs 37,701.1 crore was less than the total gain made by three firms -- Reliance Industries Limited, Hindustan Unilever Limited and Infosys.

The market capitalisation of Infosys zoomed Rs 52,046.87 crore to Rs 3,85,027.58 crore. Shares of Infosys had rallied over 9 per cent on Thursday after the company posted a stronger-than-expected 12.4 per cent rise in the first quarter consolidated net profit.

Hindustan Unilever Limited added Rs 25,751.07 crore in its market valuation which stood at Rs 5,48,232.26 crore at close on Friday. Reliance Industries' m-cap jumped Rs 20,824.95 crore to Rs 12,11,682.08 crore.

In contrast, HDFC's valuation plunged Rs 13,920.21 crore to Rs 3,13,269.70 crore and that of Tata Consultancy Services (TCS) declined Rs 7,617.34 crore to Rs 8,26,031.21 crore.

The valuation of ICICI Bank tumbled Rs 4,205.71 crore to Rs 2,29,156.24 crore and that of Kotak Mahindra Bank by Rs 4,175.28 crore to Rs 2,62,864.37 crore.

Bharti Airtel's m-cap dipped Rs 4,009.83 crore to Rs 3,09,521.05 crore and HDFC Bank's by Rs 3,403.97 crore to Rs 6,03,463.97 crore.

The valuation of ITC declined by Rs 368.76 crore to Rs 2,38,469.29 crore.

In the ranking of top-10 firms, RIL was at the number one rank followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.

During the last week, the 30-share BSE index advanced 425.81 points or 1.16 per cent.

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