Myth is subjective truth: Devdutt Pattanaik Dr Devdutt Pattanaik and Modern Management infused with Mythological concepts seem to go hand in hand. He has always been at the forefront of exploring and breaking paradigms when it comes to looking at Mythology in the country or for that matter Management as well. With his new book, "Business Sutra: A Very Indian Approach to Management" he shatters all myths and at the same time urges you to look at management from a different perspective. The Indian perspective which cannot work sometimes on Western ideologies given the vast difference between Eastern and Western philosophies. Keeping this in mind, I decided to interview him and this is the result of that interaction.



Q: Myth and Management. How did you think of connecting the two?

Myth is subjective truth. Management is about people. Every person has a subjective truth. So connecting the two made sense. Of course, if you think of myth as something to do with fantasy and religion then this connection seems incredible. Myths of the world are maps of the human mind; they reveal how different cultures approach life. Reading them helps us understand different societies. People are slowly realizing that management has long ignored the culture lever making it rather mechanistic....more    
10:07 AM, May 24, 2013

Osborne praises Chidambaram's efforts to revive economy London: Finance Minister P Chidambaram's reform push to revive Indian economy and restore investor confidence was on Thursday lauded by British Chancellor of the Exchequer George Osborne, who said he has done a great job. "When it comes to India, I think Mr Chidambaram has done a great job at telling and showing the world that India is open for business," Osborne told select Indian journalists after his meeting with...  
02:20 AM, May 17, 2013

UP to enact law on time-bound clearances for industries
by IANS
Lucknow: In an initiative aimed at ensuring time-bound issuance of clearances to industries, the Uttar Pradesh government on Monday announced its decision to frame an exclusive law for the purpose. The decision was taken after a presentation made before state Chief Secretary Jawed Usmani, said officials. To be drafted by Udyog Bandhu, the mandate of the proposed Uttar Pradesh Industrial Services Guarantee Act includes provisions for delivering notified services within...  
05:10 AM, May 14, 2013

Bahrain: Indian man, daughter forced to live out in the open
by IANS
Dubai: An expatriate Indian man and his three-year-old daughter in Bahrain have been forced to rough it out in the open for the last six months after a business deal went sour. A desperate Mohammad Sikandar Samrat and his daughter Sara have been living in a park, mosque and car since November 2012 as his daughter does not have a passport and he is yet to get 65,000 Bahraini dinars...  
07:38 PM, May 13, 2013

AT&T launches prepaid cellphone business Alpharetta: AT&T is launching a prepaid cellphone service - Aio Wireless. The new subsidiary will offer nationwide wireless service to value-conscious customers interested in unlimited talk, text and data plans without an annual contract. Aio launches Thursday in select stores in Houston, Orlando, Fla., and Tampa, Fla. AT&T plans to roll out the service in multiple markets across the US over the next year. The company will offer three rate...  
10:29 AM, May 12, 2013

SBI enters into partnership with Industrial Bank of Korea Mumbai: State Bank of India on Friday said it has entered into a partnership with the Industrial Bank of Korea to help the Korean small businesses doing business here in the country. The agreement will help about 480 Korean small and medium enterprises operating in the country, SBI said in a statement issued in Mumbai. In the absence of a branch of the Korean bank in the country, "this agreement...  
03:45 AM, May 11, 2013

UK minister to lead health business delegation to Chennai
by IANS
Chennai: A 26-member British business delegation, led by Kenneth Clarke, cabinet minister and the prime minister's trade envoy, will visit Tamil Nadu this week to promote healthcare partnership with the state. In a statement issued here, the British High Commission said Clarke is expected to meet Chief Minister J Jayalalithaa and Health Minister KC Veeramani May 8, 2013. "On May 9, 2013 he will deliver a speech at a conference...  
05:35 AM, May 07, 2013

'Speed money' puts brakes on India's retail growth Mumbai: Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes. Tainwala, a 55-year-old expatriate Indian, owns Planet Retail, which held the India franchise rights for US fashion labels Guess and Nautica as well as UK retailers Next and Debenhams. He sold the brands last September to various Indian businesses. "Right now it's not possible to...  
12:37 PM, May 05, 2013

Facebook's mobile business expands in first quarter California: Facebook Inc's mobile advertising revenue growth gained momentum in the first three months of the year as the social network sold more ads to users on smartphones and tablets, partially offsetting higher spending which weighed on profits. New types of ads designed for smartphones, particularly ads aimed at enticing Facebook users to install mobile apps on their phones, helped lift revenue while traffic to the social network remained strong....  
01:37 PM, May 02, 2013

Azam Khan detention: UP minister writes to Obama Lucknow: Uttar Pradesh minister Shivpal Singh Yadav's letter to US President Barack Obama on cabinet colleague Azam Khan being detained at Boston airport has triggered a controversy with opposition parties and civil society activists terming it objectionable. In a petition sent to Governor BL Joshi, activist Urvashi Sharma termed the letter written by the Public Works Department (PWD) minister as unconstitutional and against diplomatic norms under which external affairs is...  
05:58 PM, May 01, 2013

Azam Khan to cut short US visit after 'long frisking' at airport
by IANS
Lucknow: Uttar Pradesh Minister Mohammad Azam Khan has decided to cut short his US trip after his "long and humiliating frisking" at the Logan airport in Boston, an official said in Lucknow. In a statement issued by his personal assistant Muktinath Jha late Thursday, the Minister alleged that on the pretext of frisking him homeland security officials humiliated him, and that he was targeted because he is a Muslim. Although...  
10:55 AM, Apr 26, 2013

Akhilesh to share Maha Kumbh success story at Harvard Lucknow: The Uttar Pradesh Chief Minister Akhilesh Yadav on Wednesday left for the United States to deliver a lecture at Harvard Business School. Akhilesh will address students on the successful hosting of Maha Kumbh 2013. Akhilesh is expected to talk about the administrative challenges faced in hosting the 55-day long event. The successful hosting of Maha Kumbh 2013 has earned UP CM Akhilesh an invite from Harvard University to speak...  
10:10 AM, Apr 25, 2013

Punjab restaurant attracts Harvard Business School Attari: The novel concept of promoting friendship through food at 'Sarhad', a restaurant serving the best of cuisines from both sides of Punjab, has attracted attention of Harvard Business School. 'Sarhad', which promotes cultural and culinary heritage of pre-partition Punjab, was picked up as a mini project for Digital Marketing Strategy by Harvard's MBA class of 2013. The restaurant is situated exactly between Amritsar and Lahore and is 1.5 km...  
10:15 PM, Apr 20, 2013

Management Education for Modernising India

The show talks about specific kind of requirements and expectations that human resources has for the people that they interview for recruitment in their companies. ...
11:39 PM, Apr 14, 2013

Patna court rejects Hasan Ali Khan's bail plea Patna: A local court in the district rejected the bail application of Pune-based businessman Hasan Ali Khan in a fake passport case. Judicial Magistrate Sunil Kumar passed the order summarily rejecting Khan's bail plea on Friday. The police had last week submitted a chargesheet in the court hearing the fake passport case against the businessman, who is presently lodged in a Mumbai jail. A case was lodged against Khan under...  
03:46 PM, Apr 12, 2013

Infosys forecasts 6-10 per cent revenue growth this fiscal
by IANS
Bangalore: Infosys has projected a modest revenue growth of 6 to 10 per cent for fiscal 2013-14 over same period last year, of Rs 40,352 crore (Rs.404 billion) or $7.4 billion. The projection was part of a regulatory filing on Friday by the IT bellwether. "The company's outlook (consolidated) for fiscal ending March 31, 2014, under IFRS (International Financial Reporting Standard) is revenues are expected to grow six to 10...  
11:15 AM, Apr 12, 2013

Delhi businessman shot at, robbed of Rs 3 lakh
by IANS
New Delhi: A 35-year-old businessman was shot at and robbed of Rs 3 lakh by four unidentified attackers on bikes in Delhi on Sunday evening, police said. Shoe factory owner Parvej Yusuf was hit by a bullet in left thigh near Rampura bus stand in west Delhi's Punjabi Bagh area around 6.15 pm, police said. "Yusuf along with cousin Suban Khan was heading towards his house in west Delhi's Ganeshpura...  
10:40 PM, Apr 07, 2013

Is management education modernising India?

Delhi School of Business, which claims to be empowered with with technology driven learning management systems, held a day long conclave where the panel discussed about 'Management Education for Modernising India'. ...
07:50 PM, Apr 07, 2013

Police busts gang helping students to cheat in exams
by IANS
Chandigarh: A gang helping class 10 and 12 students in Haryana's Rohtak district to cheat in examinations has been busted and five people, including the superintendent of an examination centre, have been arrested, police said on Saturday. "The Haryana Police has busted a gang which used to help students use unfair means during examinations for Class 10 and 12 of National Open School being held at a school in a...  
01:45 AM, Apr 07, 2013

Dawood stashing cash in tax haven to finance jihadists New Delhi: Twenty years ago, his smuggling operations paid for the bombs which killed 257 people in Mumbai. Now, a CNN-IBN and FirstPost investigation has found that ganglord Dawood Ibrahim's cash is washing up in the offshore banking haven of Nassau in The Bahamas - a beach paradise also known for its zero-taxes and high-secrecy banking - in an Indian bank. It is the tip of what one expert has...  
09:44 PM, Apr 05, 2013