Buzz: Cyrus Mistry family on a tiger safari

ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours:Eye on IndiaEvery year after the budget, this legal eagle packs his bag and heads for an American rendezvous, catching up with clients and updating them about the Indian dream. This year, thanks to the travel restrictions, that wasn’t possible and it had to be a virtual session. The exuberant gent lined up a series of transactions that he felt were top of the charts in terms of complexities and smooth execution. Odd though that most that made the cut were ones his firm had been involved with. We don’t know if the controversies that each one of them had attracted were also mentioned.Dickie SeatsThis sporting arena that made global headlines also houses close to 75 AC boxes for VIP guests. During the recent event, several local and national corporates spent Rs3.5-5.5 crore to buy these prime seats, only to be disappointed due to the early end of the game and the sub-optimal arrangements. The location of the seats and the poor hospitality meant money down the drain complained a few who had high hopes of mingling with political and business royalty for over five days.All Dressed UpWhen we received calls from over-eager PR executives hard-selling the turnaround story of this once industry leader, we were rather surprised considering its core business would have taken some hard knocks over the last few years thanks to government reforms.Apparently not, we were told, as the firm has turned a corner thanks to a brand new business model. We almost bought into the story till we realised the asset was getting prettied up for a sale — that explains the hoopla. After all, if you have a PE owner, that is inevitable. Watch this space as the action will firm up in the coming weeks.Jab We TookThe mandarins up on the hill are concerned about the hesitancy among some quarters about the efficacy of desi vaccine programmes, we are told. Two of the leading ad men of the country close to the current dispensation, Piyush Pandey and Suhel Seth, were entrusted with brainstorming and suggesting ways of dealing with misconceptions, especially among health workers, in a strategy paper. They have submitted their views, is what we learn. With CII acting as the nodal agency for coordination, we expect a mega PPP initiative soon.'Pawri Ho Rahi Hai'It’s lovely to see this once billionaire party boy settling into matrimony. Spending his first wedding anniversary with friends and family by the sea, it does seem some of the boisterous boyish charms are very much thriving but that’s totally acceptable, right? After all, it’s been a crazy year shuttling among Mumbai, Riyadh, Dubai and London, all in the middle of a global lockdown. You gotta let your hair down, sometimes.Safari SojournWhen we heard the Cyrus Mistry family had been tiger-spotting in Pench, we wanted to know if they were staying at the Taj, the only premier accommodation that we know of in the reserve. But just when we tried to ask him during brekkie after the jungle safari, the family hurriedly left the crowd behind. Clearly, the fanatically private family had no intention of being in the public glare. Before the apex court verdict that’s expected any moment, some downtime is indeed a necessity.

from Economic Times https://ift.tt/3dVVZuc