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Olympic Host Cities and Economic Impact

One day I was having discussion with my colleague during lunch time about the impact of 2012 Olympics in London on City's economy. Specially, the East London. The discussion wasn't finished as neither of us had empirical data readily available at that moment to see if Olympic organisations had any Positive impact on the organising city if at all. So here are few links I googled to get to know if there were any positive impacts on host city's economy based on previous Olympic events. The discussion on this blog on New York Times suggests negative impact. Montreal's Olympic [1976] debt of $2.7 Billion was paid in 2005. Barcelona [1992] was neither in profit nor in loss but public debt went up to $ 6.1 billion. Same history was repeated at Sydney, Athens Olympics too. However, in case of Barcelona, Olympic helped the city to register the city on world tourist map. Moreover, Olympic event can be beneficial for the host cities on investments in terms of new Roads, Bridges ...

How food shapes our cities

Every day, in a city the size of London, 30 million meals are served. But where does all the food come from? Architect Carolyn Steel discusses the daily miracle of feeding a city, and shows how ancient food routes shaped the modern world. Understanding the flow of food will help us reconnect with what we eat.

Going (green) Concern

A nice blog depicting the pseudo environmentally friendly image of supermarkets who claims making changes to their stores to offset carbon footprint. Supermarkets get cold feet over fridge doors Why have supermarkets shelved their promise to introduce cheap and easy fridge doors? Whenever I visit any supermarket in UK, I found lots of energy wastage. The open fridge section deters me going into that isle or makes me run through the sections because it’s too cold. And I’m not alone many customers shares same view as me on supermarket open fridge policies.

Trust Yourself & Believe

At age 14, in poverty and famine, a Malawian boy built a windmill to power his family's home. Now at 22, William Kamkwamba, who speaks at TED, here, for the second time, shares in his own words the moving tale of invention that changed his life. (Recorded at TEDGlobal 2009, July 2009, in Oxford, UK. Duration: 5:59)

Barclays selling trouble making assets? Not really

Barclays selling trouble making assets? Not really. Here it is Barclays is spinning off $12.3bn (£7.47bn) of troublesome assets to a fund based in the Cayman Islands and run by two senior former employees of its Barclays Capital investment management arm. The bank is lending Protium, the newly created fund, $12.6bn to finance the deal, which is also being financed with $450m from the fund's partners. Loss making assets are sold to ex-employees. This is great news. But lending to same people for these troubled assets isn’t this investing in troubled assets? What Barclays want to achieve here? Are they trying to save some bucks over tax or trying to offload their own bed assets but in turn gaining “new” business by lending money to its bed asset buyers? Such types of banking tactics made me thing that economy is far from recovery…

Ganesha

Dancing elephants celebrate the lord Ganesha in this riveting animated film that builds to a crescendo of musical bliss. This is an original work, which took seven months to create, with 4,500 frames, all hand-drawn and colored by the artist single-handedly. During the festival of Ganesh Chaturti, the last time devotees get to see their beloved lord Ganesha is before immersion. But no one knows what happens underwater. This film is a blend of fact, myth & fantasy, which talks about the journey of an immersed image underwater. All the immersed clay images, each one with innovative iconography, get animated (indicating the presence of prana). Their energy and merrymaking finally make the God himself appear, to collect prana from all the images. This leaves inanimate clay objects, which quickly dissolve into formlessness. This formless state of clay only lasts for a short time, though. In next year's festival the prana again regains its iconic form. In this respect it replicates t...

Alladin's Chirag and Its Jinn(ah)

Once again whole intellectual media is fighiting over who was responsible for creating Pakistan and if Mohammad Ali Jinnah really wanted Pakistan. I will leave this for you readers. I came across this piece from indiatimes blog which you can read here There's at least one thing Jaswant Singh has said about Partition that is correct -- far from ensuring peace and communal harmony, it actually worsened the situation and left both India and Pakistan a legacy of hate and mistrust. It ensured that two poor nations would engage in an arms race neither could really afford, culminating in their acquiring nuclear weapons. And the unfinished agenda of Partition still festers, in the form of Kashmir.

Organisational Culture Case Study : Perot Systems India Ltd

The assignment is to produce a case study using the relevant concepts, theories and models introduced in the module, describe and analyse organisational culture and discuss, using the examples from the organisation, whether organisational culture can be managed. Click below link for flash content Organisational Culture Case Study : Perot Systems India Ltd Organisational Culture Case Study : Perot Systems India Ltd. Rajesh Purohit, University of Leicester, UK The assignment is to produce a case study using the relevant concepts, theories and models introduced in the module, describe and analyse organisational culture and discuss, using the examples from the organisation, whether organisational culture can be managed. Introduction The case study uses interpretive methodology including ethnographic methods and action research within an interpretive paradigm. The research builds on years of participant observation and interview with employees and human resource department, statisti...

Who’s buying Gold?

For thousand’s of recorded history India remained number one gold importer country. As par recent data from Gold ETF’s they are holding approximately 5 tonnes of gold in their lockers. That compares against a total private gold hoard held by Indian citizens, now estimated to stand between 13,000 and 15,000 tonnes. Romans love for Indian spices was the reason for loss of their gold to India. Every trades were paid by means of bullion (mainly Gold). Twenty per cent of world gold production is consumed by India; the figure till 2007/08 stands at 800 tonnes, of which 600 tonnes are used in jewellery manufacture. Of this 600 tonnes, only 20% will ever get recycled, rest just disappeared out of thin air. Now after so many years, India’s import in last two months (Feb & March 2009) is NIL. The gold price are soaring and have gone up 300% in last couple of years and is already all time high in terms of GBP, EURO and INR. It seems only Gold ETF (or paper gold) are buying bullion to keep at ...