3 Mistakes of My Life by Chethan Bhaghat

Hey im not talking about the three mistakes of my life because there are many mistakes out of which i couldn't pick three. But the book by chethan Bhaghat depicted three mistakes of Govi's (Lead character in the book) life. Before i decided to buy this book i have read many reviews of the book which said that the book is not that great. But i taught that i should definetly buy it because its from an Indian author whose first book "5. some one" really initiated my interest in book reading.Infact thats my first book. And really this "5. some one" book can create interest in book reading for starters especially for Indian youth. So i went to the store to buy it but surprisingly one of my friend bought it for me.

Thanks to ramesh.

I started reading this book on my train journey to my home. Even though the starting of the book is startling with a suicide note but the first few chapters of the book are sloppy. But on my way through the middle of the book the love track between the protagonist in the book and his Friend's sister is interesting. I wonder why there is always a love track or something of this kind in all of chethans books. I thinks the author thinks that love is the element that captures youth's interest and this very love is success full in his life too. May be this author has already segregated his target audience like college students in his first book, Call center and business class in his second book "one night @ call center", Youth in his third book. What ever the case may be his books are user friendly means very simple to read but articulate enough, gives the pleasure ans satisfaction of reading especially for Indians. His third book is also good and a must read for his fans. Do read it during your train journeys because it may make your sloppy journeys interesting and cool.

Picture courtesy: Chethan bhaghats blog.

The picture above is taken from chethan bhagaht's blog which is the cover page of his third book.

THE NAME IS "R-A-N-B-A-X-Y"

Every day in the morning i see this giant's name when i am in my way to my office. I feel very sad that the ultimate power of the giant is being diluted. Yes guys i am talking about the number one company in India and the company in the top 100 around the world. The name is 'RANBAXY' and the field in which it tops is the pharmaceutical sector. Lately ranbaxy is all set up to become a major subsidiary for the Japanese giant Daiichi Sankyo by selling its CEO owned shares of 34.8%. Frankly speaking i didn't even expect this from an India top most pharmaceutical company and an market leader. It is the company which threatened worlds major pharmaceutical giant which is pfizer for its litigations on the block buster drug lipitor which is going to off patent in the coming years.

The main reasons which pushed ranbaxy for this deal is that the company is not able to get its output from the drug discovery area even though its spending huge amounts in this field of R&D.Means all the capital is being locked with out any output.The R&D pipeline is not growing as the way it is meant to be growing. And the second reason is that even its generic business is not performing well with very less increase in market share price when Indian market is in its euphoric state.In the contrary to the previous statement it did perform well in the previous financial year in meeting the targets. But achieving the targets in the coming years may be less likely for the giant because of its poor market performances. The litigations with pfizer must also have eaten away a significant part of the ranbaxy's revenues in the sloppy years.

So because of above reasons and may be many others the only options left with ranbaxy is that:

1. They can merge with a major pharmaceutical giant to flourish their business in the field of drug discovery as done by many others like Glaxo smithkline & Sanofi Aventis etc. But may be Ranbaxy don't want to do this because will be they will be only an junior kind of company under the big pharmaceutical giant. Even this merging with the giants will not be a good option for the giant because the big pharmaceutical companies merge only with their major competitors and not with other small competitors.

2. Acquisition of other companies to expand and develop the business areas in which they are lagging. But this is not a good idea for the company which is under performing as per their set standards. Lately i heard form a friend of mine who is working in ranbaxy that their are going to acquire an Contract research organization for expanding their business. But after some days he said that the idea is being dropped off. This explains my point here.

3. So the only option that is left is that to sell off may not be at an instance but progressively. This can give them capital for other investments. And today ranbaxy and pfizer signing truce in the case of lipitor and settling it off court indicates that ranbaxy is not wishing to go further in this litigation aspect which costs them huge amount of money. But by settling this pact ranbaxy got huge sum of money. This also indicates that they are striving to collect the capital for other investments.

Summing up all this my view is that ranbaxy must not be doing this. Major pharmaceutical companies likes Glaxo smithkline, pfizer etc have taken hundreds of years for coming to the worlds pharmacueticals top 10 list. Hence patience is the key. Ranbaxy must have been patient enough in developing their drug discovery pipeline. They should have worked out why everything is going wrong in the case of drug discovery and invested in new technologies which can enrich their pipeline. I think they should have formed alliances/deals with other Indian pharmaceutical companies in developing molecules for life in cases of cancer , AIDS for Indians at least because drugs for these diseases are very costly and less available.If they put in only some significant efforts they could be doing good even in the field of generics and generate a good revenue out of it which can be invested to develop the pipeline.

That's all from me about the giant. I have written such a huge article because i was very much moved when ranbaxy has taken this decision. When India's top most pharmaceutical company is doing this then it may be a kind of discouragement for the smaller firms which are investing in R&D of drug discovery.

Peopleplease leave your comments about this article. Some of the views are taken from Economic times also for your information.

The Millennium City - Gurgaon (India)

Gurgaon is called the millennium city because the most developments of the city happened in the millennium year 2000. I could rather say that the entire view of this so called GAON (Means village in Hindi) is being being transferred into a city in this particular millennium year period. But i have many bitter experiences with this GAON ( "I said GAON again here because it can be better called GAON than a city") because of the overwhelming electricity and transportation problems. Can you believe this 'there can be power cuts of around 8 hours/day in peak times during summer and also in winter which is very irritating. Even in my town called PAKALA there are power cuts of around 4 hours during the very peak hours in summer.

And the transportation in gurgaon are mostly 'Ape' auto rickshaws. The most fascinating thing about these vehicles is that they can hold 16 people (4 people in the back+8 people in the middle+3 people in the front+driver) in them which is greater than the amount of people seating in vehicles like TATA Sumo, Mahindra Scorpio etc. But the Delhi metro ( A metro train) constructions works have been started in the year 2006 in gurgoan which is supposed to be completed by 2010. Hope that the transportation situation in gurgaon gets improved after the work is completed successfully if everything goes well.I think i was punished by the almighty (If he really exists) because of the sins i committed in my life by throwing me in Gurgaon.

But some of the only things that you can enjoy are the shopping malls. Shopping malls in gurgaon are really huge and very entertaining may be in terms of their aesthetic appearance,♀ quotient, Exciting discounts on branded products etc. But after some time even these become boring. I think the range of movie ticket prices in any city is an indicative parameter of the lifestyle of the city. The ticket price range for movies here are very costly (Rs.150 - 175/-) and from this we can expect the cost of living to be high. And coming to climate its very dusty/sultry during the summers, nail biting cold during the winters and very little rainy period during which the improper roads become very damp in the streets which makes life miserable for walking.

I am able to spend my life in gurgaon because i have my own PC in here which provide entertainment to me otherwise i would have gone mad in here.

Finally i say that "Gurgaon is a city with pros & cons ".

People plz give your comments about this topic and ways of improving my writing capabilities. your suggestion can really help me. Looking forward for your comments.