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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
May 20,2020

In a bid to help struggling small businesses in Covid-19 times, Facebook has introduced Shops to help set up a single online store for customers to access on both Facebook and Instagram.

While Facebook Shops is being rolled out from Wednesday, the company will introduce Instagram Shop, a new way to discover and buy products in Instagram Explore, this summer, starting in the US.

The social networking giant also announced that it will invest in features across its family of apps to inspire people to shop and make buying and selling online easier.

"Creating a Facebook Shop is free and simple. Businesses can choose the products they want to feature from their catalogue and then customise the look and feel of their shop with a cover image and accent colours that showcase their brand," Facebook said in a statement late Tuesday.

Any seller, no matter their size or budget, can bring their business online and connect with customers wherever and whenever it's convenient for them.

People can find Facebook Shops on a business' Facebook Page or Instagram profile, or discover them through stories or ads.

"From there, you can browse the full collection, save products you're interested in and place an order — either on the business' website or without leaving the app if the business has enabled checkout in the US," informed the company.

Last month, Facebook announced $40 million in grants for 10,000 small businesses in the US to help them get through these challenging time.

The grants will go to small businesses in 34 locations where Facebook employees live and work.

The company said that in Facebook Shops, users will be able to message a business through WhatsApp, Messenger or Instagram Direct to ask questions, get support, track deliveries and more.

In the future, they will be able to view a business' shop and make purchases right within a chat in WhatsApp, Messenger or Instagram Direct.

Later this year, Facebook will add a new shop tab in the navigation bar, so people can get to Instagram Shop in just one tap.

Facebook said it is making it easier to shop for products in real time.

Soon, sellers, brands and creators will be able to tag products from their Facebook Shop or catalogue before going live and those products will be shown at the bottom of the video so people can easily tap to learn more and purchase.

"We're starting to test this with businesses on Facebook and Instagram, and we'll roll it out more broadly in the coming months," said the company.

Facebook is also working with partners like Shopify, BigCommerce, WooCommerce, ChannelAdvisor, CedCommerce, Cafe24, Tienda Nube and Feedonomics to support small businesses.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
July 19,2020

New Delhi, Jul 19: Indian equities will be driven by a host of factors like corporate earnings, coronavirus cases trend and geo-political developments this week, according to analysts.

Market participants will also keenly watch the progress of monsoon, with experts saying that the farm sector revival will play a key role in lifting the coronavirus-hit economy.

"With no major event, the ongoing earnings season and global cues will continue to dictate the market trend. Besides, the progress of monsoon will also be closely watched," Ajit Mishra, VP - Research, Religare Broking, said.

Globally, the rising coronavirus infections and geo-political tensions have created uncertainty on the economic recovery front.

With India's COVID-19 cases fast approaching the 11 lakh mark, the third-highest behind the US and Brazil, and the death toll nearing 27,000, participants are expected to tread cautiously going forward.

At global level, confirmed COVID-19 cases have crossed 1.4 crore and deaths totalled about 6 lakh.

Markets globally will closely follow developments on the trade and political level between the US and China, according to analysts.

"We would continue witnessing stock-specific action as the earnings season unfold. Though the near-term momentum looks positive, we would advise traders to be cautious, given flaring US-China trade relations, persistent rise in virus cases and implementation of fresh lockdowns in parts of the country," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

HDFC Bank will remain in focus on Monday after having announced its June quarter earnings on Saturday.

The lender reported 19.6 per cent rise in its standalone net profit at Rs 6,658.62 crore for April-June 2020; while its income rose to Rs 34,453.28 crore during the quarter.

Other major companies to announce their quarterly results this week are Axis Bank, Bajaj Finance, Hindustan Unilever Limited, Bajaj Auto and ITC.

"Going ahead market participants will closely track the development related to covid vaccine, the rising infection of coronavirus, development on economic activities, corporate earnings and US-China relationship," said Sumeet Bagadia, Executive Director, Choice Broking.

On weekly basis, the Sensex gathered 425.81 points or 1.16 per cent, and the Nifty gained 133.65 points or 1.24 per cent.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
May 17,2020

As millions of people get hooked to online dating platforms, their proliferation has led to online romance scams becoming a modern form of fraud that have spread in several societies along with the development of social media like Facebook Dating, warn researchers.

For example, extra-marital dating app Gleeden has crossed 10 lakh users in India in COVID-19 times while dating apps like Tinder and Bumble have gained immense popularity.

According to researchers from University of Siena and Scotte University Hospital led by Dr Andrea Pozza, via a fictitious Internet profile, the scammer develops a romantic relationship with the victim for 6-8 months, building a deep emotional bond to extort economic resources in a manipulative dynamic.

"There are two notable features: on the one hand, the double trauma of losing money and a relationship, on the other, the victim's shame upon discovery of the scam, an aspect that might lead to underestimation of the number of cases," the authors wrote in a paper published in the journal Clinical Practice & Epidemiology in Mental Health.

Around 1,400 dating sites/chats have been created over the last decade in North America alone. In the UK, 23 per cent of Internet users have met someone online with whom they had a romantic relationship for a certain period and even 6 per cent of married couples met through the web.

"The online dating industry has given rise to new forms of pathologies and crime, said the authors.

The results showed that 63 per cent of social media users and 3 per cent of the general population reported having been a victim at least once.

Women, middle-aged people, and individuals with higher tendencies to anxiety, romantic idealization of affective relations, impulsiveness and susceptibility to relational addiction are at higher risk of being victims of the scam.

Online romance scams are, in other words, relationships constructed through websites for the purpose of deceiving unsuspecting victims in order to extort money from them.

The scammer always acts empathetically and attempts to create the impression in the victim that the two are perfectly synced in their shared view of life.

"The declarations of the scammer become increasingly affectionate and according to some authors, a declaration of love is made within two weeks from initial contact," the study elaborated.

After this hookup phase, the scammer starts talking about the possibility of actually meeting up, which will be postponed several times due to apparently urgent problems or desperate situations such as accidents, deaths, surgeries or sudden hospitalizations for which the unwitting victim will be manipulated into sending money to cover the momentary emergency.

Using the strategy of "testing-the-water", the scammer asks the victim for small gifts, usually to ensure the continuance of the relationship, such as a webcam, which, if successful, leads to increasingly expensive gifts up to large sums of money.

When the money arrives from the victim, the scammer proposes a new encounter.

The request for money can also be made to cover the travel costs involved in the illusory meeting. In this phase, the victim may start having second thoughts or showing doubt about the intentions of the partner and gradually decide to break off the relationship.

"In other cases, the fraudulent relationship continues or even reinforces itself as the victim, under the influence of ambivalent emotions of ardor and fear of abandonment and deception, denies or rationalizes doubts to manage their feelings," said the study.

In some cases, the scammer may ask the victim to send intimate body photos that will be used as a sort of implicit blackmail to further bind the victim to the scammer.

Once the scam is discovered, the emotional reaction of the victim may go through various phases: feelings of shock, anger or shame, the perception of having been emotionally violated (a kind of emotional rape), loss of trust in people, a sensation of disgust towards oneself or the perpetrator of the crime and a feeling of mourning.

"Understanding the psychological characteristics of victims and scammers will allow at-risk personality profiles to be identified and prevention strategies to be developed," the authors suggested.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.