Thursday, August 6, 2015

VenuG Presents: A One Much Louder Lesson on Customer Feedback To Vijay Nair & NH7 Weekender

The background for the blog is the lineup anounced by One Much Louder, Vijay Nair's excellent indie event management outfit, for the Annual NH7 weekender to be held between 24th October, 2015 to December 4-6, 2015 in 5 cities. Shillong(Oct 24-25), Kolkata(Oct 31-Nov1), Delhi(Nov 28-29) Pune(Dec 4-6) Bengaluru(December 4-5) Book tickets HERE

The whole line up HERE

If you look at the lineup, it consists of great musicians, not only talented, but also extremely creative indie & exponents of OC contemporary "outside mainstream" bolly/Molly or any wood (Except A R Rahman) 
But, But, But,
The sucker that I am for music & musicians, I passionately support indie musicians, by sharing their music, sharing their gig updates, and whenever I get the time, attend their gigs too. I have known many of them musicians & bands individually for years. But, as I ranted last year, when Parikrama(A Band celebrating their silver anniversary) was performing only an acoustic Jam session(corrected this year with acts at 3 places) & Kolkata Bands, like Cactus, Fossils performing not at Bengaluru, Pune or Delhi, but ONLY in Kolkata. Not having Bhayanak Maut or Amit Trivedi at Kolkata(Later added) & Not having International Acts (Megadeath this year is a great thing for Kolkata's Fanatic Metalheads)
What did I find this year???
Cactus , Fossils, Neel & The Nightbulbs, Pink Noise, Underground Authority the local Kolkata Bands playing ONLY AT KOLKATA!!! STUPID DECISION!!!
Also young Nishchay Parekh playing at Kolkata (Also at Shillong & My at Pune Too! I'm so happy for the kid I saw singing Mervin Gaye Blues at The American Centre Eons ago)
Now also seeing Soulmate & Lou Majaw perform at Shillong, The Raghu Dixit at Bengaluru & Faridkot at Delhi made me wild with anger!!!
Are you supporting indie music, when with such high priced tickets & a branded sponsor like Bacardi, you can't put bands, outside their home turf?
Many musicians on my Facebook timeline, might get offended by reading this blog post of mine, but hey, I've heard you all many times over. With such ticket prices, I may as well fly to Pune/Bangalore on the December 4-6 weekend and hear AR Rahman, Mark Robson, Dr L Subramaniam , Peter Cat Recording Naa? Logical no?
Further NH7 & OML have done injustice to Bands by not giving them new audience/Fans, Isn't my reasoning perfect?
Appalled I tweeted the following. 
Remember Offering A Bangali Hilda(Ilish in Bengaluru or Pune is better, & Thayir Shadam to a TamBrahm in Saddi Dilli,  or Mutta Stew/Appam (Egg Stew & Hoppers) to a Mallu like me in Kolkata, or Lassi/Mattha/Makki diyan rottiyaan ttey Season Da Saag to a Sardarni in Bengaluru. This is "Ghar ki Murgi Daal Barabar"
I tweeted THIS.

Vijay Nair's reply altogether shocked me. I'm a consumer hard to please, to me, a businessman(After all OML is a business for profit not an NGO Ya?) cannot take me for a royal ride, by giving me anything less than "VALUE FOR MY HARD EARNED MONEY"
Better listen to my counsel,


And here comes the punchline 
I started with "Customer is always right & when in doubt re-read rule one!!!

And the conclusion that, my sane counsel helps OML in the long run. I don't gain a thing if crowd get better options. If music lovers get more than their money's worth, I'm a happy man. I'm anyway a music keeda, I will anyway support indie musicians. Whether NH7 exists or not 
Following, Doing, Supporting & Mentoring Musicians for 37 years now, I'm not going to change. But if along with OML, musicians gain too, isn't it a win-win situation? Does it make any difference to the costing? Not that I know of!!

Here is a live example of what kind of crazy stuff I do.
If still OML/NH7/Bacardi/Weekender don't get it
God help them.
A guy, who trolls Zuckerberg & Get Facebook Messenger inside Facebook App itself 
Can never give you an improper advise .

Read what's below. 
It was posted on Instagram ... 

Sometimes a small ant can shake a mighty elephant 
Aesop's Fables told us a moral
In the fable
Fox & The Crane
Moral Never Cheat Your Guest.
Watch the video. & Read how Flipkart got funded.

Just Google :-)

"Forbes, Flipkart, Customer Service & VC Funding"

#VenuKiClass #influence #influencers #Timeline #Google #Search
1. 24th June, 2012 Rohin Dharmakumar's biased cover story appears online.
25th June, 2012, Sachin & Binny Bansal write to Editor, Forbes india that Rohin's article was one sided.
"Error 404 File Not Found."
25th June, 2012 Ashish Sinha Editor Forbes India responds.
"Error 404 File Not Found"
There is a #Twitter Outrage.
I find industry insiders poking fun at Sachin, Binny & Flipkart's outrageous valuations.
Also at a Mumbai Digital Marketer, Partner at Seedfund Mahesh Murthy(whose hunches I find correct at most of the time.
They're saying "Flipkart demand of $150 million is unrealistic, they may get at the most $50 million"
I myself analyse
COD, 24 hour delivery, deep discounts(In gist pampering their #customers
I write this  "Forbes, Flipkart, Customer Service & VC Funding"
FYI Facebook Acquiring Instagram & WhatsApp is the same analogy(Pampered registered users)
Hell breaks loose!!
VCs Fall over each other to Fund Flipkart.
The final tally is not $50/100/150/250/500 million.
A whopping $1 Billion.
And who reported it?
#Forbes ����☝������✌��
THE BIGGEST GLOBAL FUNDING FOR ANY eCommerce Firms including $Baba
Post 1Billion Sale fracas another #blog post
"Leave alone flipkarf, Amazon won't be able to beat Snapdeal."
Got Snapdeal $600 million.
Question: What Did I get?
Answer: I got millions of Indians a bargain & cheap products, properly packed & delivered (Though lately Snapdeal is screwing up with late deliveries & wrong products) But flilkart is impeccable & prompt plus Cash on Delivery #COD Rocks
FYI eBay has vanished
Flipkart is costlier than PayTM, Amazon, Snapdeal in most of products but in my 26 year old daughter's words
"Dad!!! Flipkart/Myntra are costlier, but deliveries are faster, safer & dependable The rest suck in comparison!!!"
Queen, Prince & Princess
Who are YOU Dear Moneybag?

Tuesday, August 4, 2015

VenuG Presents: Why We Ready? Open Letter to Central Banker Raghuram Rajan, Draghi & Janet Yellen on Interest Rate Review

"वीणा के तार इतने भी ना कसो
कि वे टूट जाऐं
इतने भी ना ढीले छोडो
कि वे बेसुरे बजें"
~गौतम बुद्ध
It is strange, that, there is a move to curtail independence of the Central Bank of India, The Reserve Bank of India, popularly known as the RBI on its role in monetary policy , I.e. which basically is used to control inflation.
My latest tweet

@VenuSpeak: 11:00 AM IST. #Monetary_Policy review. #RBI rate #MyView here
SLR reduction 25 Basis Points. Expected.

Market Pundits Status Quo.
Sensex & NSE
Buy low NPA/PE high NIM PSU Bank Stocks.
Monetary policy is a measure generally used by Central Banks(Like RBI, ECB, US FED)
or sometimes by some regulatory body defined by the Sovereign Governments (which the Indian Government is seeking suggestions whether to set up or not {the clarification given by the Government of India last night , intends to deny of any such move)
Monetary Policy is basically affected by the following. } to control inflation using measures like hike/reduction in either the interest rate or statutory reserves to be maintained by the Banks. Also by sale or purchase of Bonds(Like QE1/2/3 & suggestion of 'tapering) by Ben Be nanke in US from 2009 & Japan in 2007 or US & UK during The Great Depression of 1930.
Rise & Fall of Inflation.

Demand / Supply increase in M1(Money Supply ) rise increases fall decreases inflation.
Cost push. Cost of Inputs, wage rate, jobs, (1997-2008)input material prices.(1970 oil prices increase, 2000 increase in crude prices, 2014 fall in crude prices.

How inflation is controlled?
1 Interest Rates
2 Statutory Reserves to be maintained by Banks with the Central Bank.
3. Bond Sale/Purchase.

What affects inflation?
1 Increase/Decrease in Money Supply(M1)
2. Crude oil/Gold Prices.
3 Cost of basic necessities like food clothing, shelter, healthcare & energy prices.
4 Balance of Payments.
5 Gap between Real Rate of Interest & Rate fixed BT the central bank.
6 Foreign Exchange Reserves.
7 Jobs increase increases decrease decreases.
8. Sentiments of trade cycles, boom, recession, depression, stagflation, hyper inflation

What is #VenuQuotes
"Inflation is a by-product of development cycle , hence a reasonable level of inflation is a necessary evil"

I have one Pro Tip to Both Raghuram Rajan & Janet Yellen.
Read what Buddha told his disciple
 Excess & Obsession about just one thing causes break or cacophony.
Do NOT put over emphasis on either inflation or jobs.
Excess of everything is bad.
At the end of the day, it is meant for human race. What's the use of this hawkish stand, when there is slump in demand resulting in lack of jobs?
Reduce Rates to Rajan
Increase Bond Rates to Yellen.
Satyameva Jayate.
To Government of India, Ministry of Finance & Arun Jaitley
Keep a Hands of Policy.
India is today better than Europe, US & China, because of an independent & adamant Cebreal Banker called Dr Y V Reddy. Had he not put an embargo on mortgage loans & realty loans in 2005, India would have had 2008 contagion too.
Jai Hind.

Once, when the Buddha was told that one of his disciples was having trouble, he went to the young man’s room to see what the problem was. This young man had been born in a rich family, and he had been trained in music, so he still kept his vina – an instrument something like a guitar – in the corner of his room. When the Buddha entered, he saw the vina and said, “Let me see if I can play your vina.”
The disciple reluctantly brought it forward. He didn’t know that the Buddha had been an expert musician.
The Buddha tightened the strings of the vina until they were about to break. The disciple protested, “You are not supposed to tighten the strings like that, Blessed One; they will break!”
So the Buddha, with tender cunning said, “Oh, yes! Then should I make them loose?” And he loosened all the strings until they couldn’t be played at all. “Here, let me do it for you, Blessed One,” said the disciple, and he adjusted them. “They are now just right, neither too tight nor too loose.”
The Buddha smiled, “Yes, you see, that is what my path is: just right, neither too tight nor too loose. Moderation in everything. Temperance in everything.”

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Friday, July 31, 2015

VenuG Presents : Which 4GLTE Phone to Buy With Focus on Camera.

If you're looking for just the Camera compare 
1 Xiaomi Redmi Note 4 ₹9999 , 
2 Micromax Yu Yureka ₹8999.
3 Microsoft Lumia 638 . ₹6999.

All have 4G LTE. 

First 2(Xiaomi & Micromax) have 13mp back/5mp front camera with dual flash. 2Gb RAM 8Gb phone memory 32Gb expandable . memory(₹1200) 
Last(Microsoft) has 5mp back/no front camera but Ziess lens. 1Gb Ram. 132Gb expandable memory.
IMO Yu Yureka is best, as a smartphone, but purely as a camera Windows 8.1 Lumia 638 is awesome, as

 A) Windows needs less memory for use, 5mp Nokia Camera when used with Nokia Software/Instagram works great plus
 B)With small sized Apps & 128Gb storage Windows phone can download 2000 Apps including Adobe Photoshop, PicsArt & 200 Photo Video editing softwares which are light in size & fast to use. On an Android/Cynogen phone once you download Chrome, Google Play, Play store, Facebook, their is no scope to download any other app as the error message "insufficient phone storage " keeps cropping up on the Google play store!!!

Here is a comparision between the three 4G phones on NDTV Gadgets
Lenovo A6000 vs Micromax Yu Yureka vs Xiaomi Redmi 4G


Yu Yureka vs Lumia 638 
Here is best price from


Here are phone review videos by gsmarena.

Unboxing review Micromax Yu  Yureka Review 

Nokia  Lumia 638 Review

Saturday, May 9, 2015

VenuG Presents: What is Jan Suraksha? The Biggest Mass Insurance Scheme on Earth.

Day before Yesterday my watchman Chandrashekhar
Rang the bell at 9PM Twice. 
Normally no one rings the bell twice at my home.
I got up & opened the door.
He gave me this invitation card. 

The invitation was from Department of Financial Services.(DFS)
The person inviting was Dr Hasmukh Adhia, Secretary, DFS, government of India.
DFS is the umbrella organisation under Ministry of Finance, which handles all financial services, Banks, Insurance, Mutual Funds, NBFCs, MFIs, Financial Inclusion, Pension Schemes, RBI, IRDA, Ombudsman, PFRDA & Digital India.
Here is their address & website. 
Note: They are taking interns. Apply through the website.

Following is the programme.

Well, I was surprised as the recipient of the invitation.
The names on the list further shocked me. To be honest, I am a resources provider, not directly involved in selling & marketing of financial services. I'm out of operation, initially forced out, then myself kept away, as a) I had to concentrate on my kids, b) I was more into self actualisation stage on the motivation theory step ladder. I wanted to concentrate my 11 years of active service, with SynducateBank, (between 2009-2020 ages 49-60 in promoting what my educators, gurus, bank & society had given me. It was l
Payback time folks.
I needed to give back to society, bank, my junior colleagues. I reinvented myself consciously in 2009 as a mentor, educator, trainer, mental coach. There are people, who do it for money, I do it for free. 
I'm a sucker for underdogs, poor, inclusive growth, ethical financial products.

2 The Programme was introduction & launch of insurance (2) & pension schemes.(FINANCIAL INCLUSION)
3 Of all the places, the schemes were being launched in Kolkata(NOT DELHI, THE SEAT OF POWER, MUMBAI, FINANCIAL CAPITAL OF INDIA)
4 The invitees, hold your breath, Shri Narendra Modi, The Honourable Prime Minister of India. Shri Keshari Nath Tripathi, Governor West Bengal Ms Mamata Banerjee, Chief Banerjee, (Mrs?? Is she married? Well I thought she was single. She refused to marry for politics AFAIK.
Read here
1 bio
2 A Yahoo Answer pointed question
Is Mamata Banerjee Married?
3 Wikipedia (Normally it mentions marital status & children ALWAYS)

Shri Jayant Sinha, Minister for state for Finance & Babul Supriyo, MP.

A the 4 indicate, the need for popularising the scheme, there are reasons why I must.

A) Insurance penetration in India is 3.9%, and it came down from 6.4% in 2006 to 3.6% in 2013.
B) These Life/Accident insurance & Pension Schemes come cheap.
C) To get the insurance activated needs a bank account & single form.

D) Almost all Indian households have one bank account.
Hence India could have universal insurance &,pension, meaning fully social security compliant state. For this, I'm thankful to Mr Modi for the push &,Bankers in India for working effortlessly for 100% financial inclusion.
Number of insurance policy holders. 4.2 Crores.
Number of pensioners 2Crores 2.6 Crores
Number of Bank Accounts 84 Crores
So with this we can achieve a lot.
Q1 Why is Jan Suraksha trending on twitter? 

Ans: Jan Suraksha is Public Safety is trending on Twitter because, PM Narendra Modi, is launching 3 new social security schemes, Pradhan Mantri Suraksha Bima Yojana(PMSBY) An accident insurance scheme, Atal Pension Yojana (A universal old age pension scheme) & Pradhan Mantri Jeevan Jyoti Bima Yojana(PMJJBY) a life insurance scheme.

Q: What is PMSBY?

And: PMSBY is a bank account like linked cheap accident insurance scheme.
Age : 18-70
Premium: Rs12/- per annum 1st June-31st May every year.
Need A KYC compliant bank account.
Key factor Aadhar Card.
Benefits. On Death Rs2Lakhs
On losing both limbs/eyes Rs2Lakhs
On losing one eye/limb Ts1Lakhs. 
Insurance Firm LIC.

Q: What is PMJJBY
Ans: PMJJBY is a bank account like linked cheap life insurance scheme.
Age : 18-50
Premium: Rs330/- per annum 1st August-31st July every year.
Need A KYC compliant bank account.
Key factor Aadhar Card.
Benefits. On Death Rs2Lakhs
last premium up to 50 th Birthday. Cover up to Age 55.
Insurance Firm LIC.

Q:  What is APY?(Atal Pension Yojana) 
And: APY is a universal contributory pension scheme
Age of entry. 18-40
Age of Exit 60
Pension: Between Rs1000-5000 depending on the contribution.
Pension after 60th Birthday Till death. After death, to spouse of pensioner, after death of spouse of pensioner, corpus reverts to the nominee & pension is stopped. 
The chart of premium 

The full details of scheme above please.

Rider: If you have an active credit card, insurance policy, the Rs12 accident policy is redundant for you as, you already are covered under accident insurance by credit card or insurance firm. But the APY & PMJJY are relevant to all and all MUST avail it.

  • At Age of 20, paying Rs248/month for 40 years, you get a pension of Rs5000/pm from LIC. After your death your spouse gets it. After both die your next of kin get the corpus back. Great scheme. Easily explained pay Rs6000 for 40 years i.e. Rs240000 you get Rs5000/pm 10% of 240000 monthly is Rs2000. 

Saturday 9th May, 2015. 

The scheme details in one picture.

And this is me!
Bye bye. ��

Thursday, April 23, 2015

VenuG Presents: Shrill voices agains Internet.Org & Airtel Zero is not about commerce but my Fundamsntal Right of Freedom of Choice, Speech, _Employment & Information Source!!!

I wrote a post " Importance of Dr B R Ambedkar on #NetNeutrality here (on 14-04-2015 124th Birth Anniversary. )
Meanwhile Mr Rahul Khullar, The TRAI chief, gave a statement(which seemed strange, illogical & uncalled for. He could give his Personal POV if he was an individual, but he is the chief of regulatory so, he must be impartial never sound biased towards one side.
Read his full statement here.
Also Anjan Ray, Facebook friend of Madhavan Narayanan of The Hindustan Times, posted his response to TRAI 20 questions. IMHO, all the responses by Mr Ray's were heavily loaded in favour of Telecom Service Providers(TSPs) to me he sounded like a PR personell acting on behalf of Cellular Operators Association of India (COAI)
Hence my knee jerk reaction was instant. Following are my "verbatim" responses on the thread. You may read the thread,
A) To understand what TRAI was asking.
B) Mr Anjan Ray's very knowledgable & learned response(NO DOUBT ABOUT IT, HE KNOWS THE SUBJECT)
C) It is my view, that 50% of the responses to TRAI query was given by people,
I) without knowing the subject, but following the herd mentality of the #NetNeutrality hashtag.
II) They had no idea whatsoever, as to what the 20 responses made by the site ""
III) They simply used the template responses used by the website favouring net neutrality cited in II above.
IV) I too used the templates, but after reading them, and since I am a strong supporter of net neutrality, I did not edit the template, as I felt, no editing was needed.
V) I was also following the nationwide debate on net neutrality in the nation, on print & television media, as well as social media, through @nixxin @maheshmurthy s updates. Both Mahesh Murthy(Pinstorm & Seedfund) & Nikhil Pahwa(Medianama) are staunch supporters of freedom of internet & they fought the draconian Section 66A too. Mahesh, had stuck his neck out, during the arrest of Mumbai Teenager, in the aftermath of Demise of The Shiv Sena Supremo Balasaheb(Bal) Thackrey, when the girl objected to the Sena activists, forcibly asking shopkeepers to down shutters. I myself had asked Mahesh to mellow down his tone,
It is like Inox telling me, watch Bhadakti Jawani or Fast & Furious. Not Byomkesh Bakshy! Regulating single screens & freeing Multiplexes. This is encroachment upon freedom of choice. Mr Ray the fight on #NetNeutrality is not about commerce but Fundamental Rights of Freedom of Choice can't you get it Sir?

My two bits on the above views

Mr Ray I am a very active influencer.
My 2 bits.
A) India is lowest ARPU yes.
B) But so was Spectrum cheap.
C) I am a distraught Airtel consumer.
4 mobiles with, wife, daughter, son(Network dies does NOT work inside home. Complained on 4/3/2015 no remedy I am ATM typing this on the street on sick leave.. Shifting to idea today for voice/data.
 1 Airtel broadband Shifting horribly expensive at 2000/pm horrible network. Customer care don't care. Shifting to Alliance Cable Broadband. Today.
D) I started at ₹98/2Gb/30 days in 2009. in 2012 it went up to ₹198/2Gb/28 days. Now it is ₹252/2Gb/28 days.
Speed has gone from bad to worse. Network does not work inside home. All people say "Aapka phone out of service area batata hai"
E) In all this Rahul Khullar is khullam khulla batting/pimping for telcos!! Want "informed debate" over "shrill voices"My Foot. Till you put "kathi do" no Not in Nizam's Kathi Rolls but you know where, corporate entities take the consumers for a royal ride. I fight/rant I win almost daily.
F) I am suing Bharti Airtel no not in consumer forum but Supreme Court. Habeas Corpus Fundamental right of freedom of speech, information & denial of service. Hold your breath For Rs1Crore.
This shall be Kesavanand Bharati Case in class action suit giving financial compensation & damages for mental agony & causing stress.
G) In all this din & melee no one Talks of Indian bandwidth being slowest on Planet Earth even Sub Saharan Africa has faster information highways. India has also highest density of population per Gigabyte spectrum. I.E. more people on network per terabyte specturn. It is like DND Flyover choc-a-bloc bumper to bumper traffic. Totally jammed
 See the nescafe ad showing YouTube buffer

This happens only in India. We are docile.
OTT regulation is reneging on Fundamental Right to work & gainful employment. 30% App development comes from India! & Airtel Zero impede them!
I pay data charges. Whether I watch Sunny Leone porn on Xvideos or Download Game of Thrones or flirt with an American on Skype or Send troll face pictures to Narendra Modi on Hike, or share jokes on RaGa on WatsApp is my right.
Here are KRAs
1 DoT
Auction spectrum.
2 TRAI regulate telecoms.
3 Telcos Provide free access @ contracted price. Market forces determine the data/voice/VoIP rates . if they increase they lose consumers. Much like Gold/Crude/Stocks/GSecs/iPhone!. The access after taking charges prepaid/postpaid must be unregulated & free. What consumer does with those minutes/gigabytes is consumers choice. NOT TSPs!!!!
4 Consumers pay contracted data/voice/VoIP charges and get free access to services.
5 Activists on social media. Fight on every breach of freedom of choice of telecom users on social media as MSM is sold out to advertisers
6 Security Agencies under Ministry of Home Affairs. Keep a tab on unscrupulous netizens.