Author: mxmadmin

  • Upstox trading platform launches campaign

    By Our Staff

     

    Upstox, an online stock trading platform, has launched its Indian Premier League (IPL) 2022 campaign, ‘Own Your Future’.

     

    Said Kavitha Subramanian, Co-Founder, Upstox: “The campaign ‘Own Your Future’ intends to encourage more Indians to participate in the equity market and make the right investment choices through Upstox. Young Indians today understand the value of owning assets and building a portfolio, via owning shares in companies. There’s a huge rise in startup culture and they understand that even if everyone cannot be an entrepreneur, you can still own a share of a company, and participate in its long term upside. Just like IPL has redefined cricket, Upstox aims to redefine investments for its customers. We have grown 3X year-on-year and expect a similar growth trajectory this year as well. We are positive that this campaign will help drive a culture of equity investment in India, as well as encourage more Indians to take charge of their financial future.”

     

  • Das ka Dum with Dr Bhaskar Das | It’s April 1 or All Fool’s Day today. If we asked you to play a joke in the form of a fake news item, but it’s actually a development you want to see happen, what would it be?

    Bhaskar DasWe love putting our dear Wizards with Words in a spot, don’t we?! Ha ha. Without any further ‘tippani’, here’s the April 1 edition of Das ka Dum by Dr Bhaskar Das. Enjoy…

     

    If you wish to access the archives, please go to the Das Ka Dum tab on the website’s top navigation bar.

     

    Q. It’s April 1 or All Fool’s Day today. If we asked you to play a joke in the form of a fake news item, but it’s actually a development you want to see happen, what would it be?

     

    A. By 2024, India would be the most prosperous country in world in terms of happiness, health, wealth and soft intellectual power. It would be a land where human dignity and peace would adorn our existence. Some fake news it is!

     

  • Real journalism, please?

     

     

    Ranjona BanerjiBy Ranjona Banerji​

     

    The house of Delhi Chief Minister Arvind Kejriwal was vandali​s​ed on March 30, 2022.

     

    Just let that sink in.

     

    And then consider the media response. Half the newspapers will tell you that this was a “claim” made by the Aam Aadmi Party.

     

    Kejriwal holds a constitutional post. He has security. Why can’t the media just plainly tell us whether his house was attacked or not​?​

     

    Remember when Prime Minister Narendra Modi was held up, surrounded by his vast security detail, on a flyover in Punjab last year? How many media headlines said that the “BJP claimed” that the PM was held up?

     

    Instead, we were subjected to hours of TV speculation and expert opinion on how Modi’s plight for 20 minutes in a car on a flyover was worse than every assassination attempt on every politician ever. All right, I exaggerate. But not that much.

     

    Even worse, in terms of media complicity, although this makes the cowardice clear, the team of vandals belonged to the BJP (allegedly, reportedly, AAP claimed) led by BJP Member of Parliament Tejasvi Surya and his merry band of paint-chuckers and boom breakers.

     

    Just imagine if this had happened to a BJP Chief Minister’s house “allegedly” and “reportedly” by “activists” from any other political party? Hell to pay, I guarantee you. And no “claimed” either, straight out accusations would run rampant.

    https://www.indiatoday.in/india/story/bjp-wants-to-get-kejriwal-killed-says-manish-sisodia-after-delhi-cm-house-vandalised-1931464-2022-03-30

    https://indianexpress.com/article/cities/delhi/bjp-youth-wing-activists-attack-kejriwal-residence-damage-cctv-cameras-barriers-7844283/

     

    Since then some people have been arrested by the Delhi Police which reports to the Union Home Ministry, but presumably none of them are Surya and Tejinder Bagga of the BJP who led their little group of sweet little “activists”. These boys were upset because of Kejriwal’s remarks about a film which has led to further violence against Muslims in India.

     

    Fear of the BJP’s fury and adulation of the BJP’s toxic bigotry has turned even those sections of the media which are pro-AAP into wee cowering timorous beasties. Forgive me​,​ Robbie Burns.

     

    **

    And since we’re on “claims”, we get to fuel price hikes and a media and civil society on justification mode. The elections are over say the cynics, “the opposition protested” say the anodyne headlines and the war in Ukraine is the reasoning. Can the Modi government be held to account by the bulk of the Indian media? Is the moon made of green ras​​malai?

     

    Read this lovely bland article on the fuel hikes from The Times of India. It manages to tell us that we’re all going to suffer minus any even slight hint of allocation of responsibility.

     

    https://timesofindia.indiatimes.com/business/india-business/fuel-prices-hiked-again-total-increase-now-stands-at-rs-5-60/articleshow/90530371.cms

     

    Aviation fuel has also been hiked to an all-time high, just as we’re opening up post-Covid and international flights have finally resumed. Tourism, heh heh heh. Am sure we’ll gush over another Mind Wanderings from the PM which will touch upon nothing substantial.

     

    Here, some brave reporter decided to question the businessman and yoga teacher Baba Ramdev, who had consistently promised low fuel prices once Modi came to power.

    https://indianexpress.com/article/india/baba-ramdev-journalist-fuel-price-hike-7845829/

     

    Ramdev threatened the reporter.

     

    So what are the chances that we’ll have some similar interaction with the Emperor of India?

     

    O ya, he doesn’t talk to the press.

     

    Finance minister Nirmala Sitharaman will blame Jawaharlal Nehru and the media will faithfully reproduce that without question. Several public intellectuals will cogitate on how much Nehru is to blame for so many things. And Modi’s incompetence will not even meet some wall paint from activists.

     

    Because the real activists are in jail.

     

    The real journalists are shrinking.

     

    And the media is so excited about how Modi will lecture students on how to do their exams.

     

    Proper PM stuff.

     

    **

     

    By the way, I did consider an April Fool’s joke column but then I realised that nothing can top our reality.

     

     

    Ranjona Banerji is a senior journalist and commentator. She writes on MxMIndia every Tuesday and Friday. Her views here are personal

     

     

  • Do today’s e-learning platforms deserve the edtech label?

     

     

     

    By Ashoke Agarrwal

     

    Ashoke Agarrwal

    When Bell invented the telephone, nobody called it the coming of talk-tech.

    The telephone was just an enabler of a core social and commercial function without changing the fundamental paradigm.

    If anything, the technology that changed the conversational paradigm are the likes of Facebook and Twitter, with the ability to shift conversational flow from one-to-one to many-to-many. The world chose not to call it talk-tech, and the rest is an era in history – the age of social media.

    The fashion of labelling second-order innovations with the appellation of “tech” is a capital markets phenomenon. Prominent examples in the current scenario are fintech and edtech, attracting oodles of angel and VC money.

    Fintech, as it goes, has a level of technical depth going for it. At one end is the technology of blockchain, which Satoshi Nakomoto invented in creating Bitcoin, making blockchain an integral part of the Di-Fi (Decentralized Finance) ecosystem, which seeks to disrupt the mighty banking industry.

    Many aspects of fintech – securities trading, loan evaluations – have Machine Learning at their core.

    What does e-learning have in terms of first-order innovation?

    Today’s e-learning systems are, at their core, clever users of the Internet’s plumbing. But unfortunately, they deliver only convenience and that too at the cost of the central tenet of education – the quality and depth of learning.

    Canned videos of good teachers with clever graphics do not make for better learning outcomes. Nor does a far-away underpaid tutor (or even two!).

    To my mind, the real e-learning revolution is yet to come.

    The revolution will come when edtech goes deeper into the nut-and-bolts of the cognitive and psychological aspects of learning.

    In the 90s and early aughts, I was involved with an e-learning start-up focused on JEE test prep. The premise of the MindAxis system was that STEM (Science, Technology, Engineering, Maths) learning is a function of grasping a set of fundamentals and using them correctly to solve problems. The MindAxis system, at frequent intervals, tested its student with problems that each involved the correct use of a set of fundamentals. The MindAxis algorithm identified based on the response to the test an individual’s deficiencies in understanding specific fundamentals. Subsequently, the MindAxis system sought to deliver curated teaching material to individual students to correct this deficiency. Unfortunately, MindAxis was ahead of its time, and the lack of Internet bandwidth, the cost of computing power, the collapse of the dot-com boom and the capital markets panic of 9/11 sank it.

    Today Internet bandwidth and capital are plentiful. In addition, computing power is increasingly affordable and available on tap. And AI has gone mainstream. Yet, despite this, most of today’s test prep e-learning platforms are only mimicking the pedagogy of the brick-and-mortar test-prep coaching classes.

    The MindAxis probe-and-correct pedagogy can go beyond STEM into the social sciences and arts. While it is relatively easy to map fundamentals in STEM, it will require deeper thinking in the social sciences and arts.

    Further, with the increasing prevalence of e-learning and digitization of even the traditional learning streams, Big Data has begun to emerge as a source of insight into mapping fundamentals, problem-solving and learning outcomes. Combining this data stream with AI can yield insights beyond probe-and-correct pedagogy to incorporate subliminal cues in learning content, leading to better results.

    It is a fact that a significant contributor to learning outcomes at traditional educational institutes is osmosis during informal and even sub-conscious interactions with teachers and co-learners. With the coming of the Metaverse, e-learning can promote this osmosis in a Metaverse campus.

    E-learning can adapt custom MindAxis-type probe-and-correct algorithms today as the AI technology and the broadband and cloud ecosystem is available. They will, of course, need to invest in modelling the subjects they teach in terms of a set of fundamentals and create probes that test a combination of these fundamentals.

    The harnessing of Big Data to empower learning content with effective subliminal cues will need the institution of collecting and analyzing data streams. These data streams can begin flowing today, and with every passing month, e-learning platforms can become more subliminally powerful.

    Metaverses are here, and with a dollop of creativity and investment, e-learning platforms can adapt them soon, adding the dimension of learning by osmosis to their outcomes.

    Besides the belated second-generation innovations that await e-learning, a third-generation shift is waiting to happen in the next decade.

    This third generation of e-learning awaits the arrival of a form of AI which will become the personal accessory of an individual – a form of AI I have called Concierge Intelligence (CI). I have written about CI in my MxMIndia column of 6th Jan 2020 titled “The Coming Post-Digital Age“.

    CI will become a learning enabler that is custom-tailored to an individual. Third-generation e-learning platforms will need to work with an individual’s CI to participate in the individual’s learning journey.

    After years of frenzied VC investments, e-learning brands in India and the world are beginning to falter. Many like Lido Learning have folded ignominiously in India, and others like Unacademy have had to curtail plans. Moreover, the Covid bump that e-learning got is beginning to fade away.

    The more innovative e-learning brands will invest in making the delayed leap into the second generation. These will be the brands that will harness the exciting opportunity in India of the newly instituted CET exams that will become the standard admission criteria even for degree colleges in science, arts, and commerce.

    And these will be the brands that will be well poised to keep their lead in the next decade as the time comes to transit to the third generation of e-learning.

     

    Ashoke Agarrwal is a veteran advertising professional with around four decades in advertising and marketing services. Agarrwal, a chemical engineer from IIT Mumbai and a postgraduate from IIM Bangalore, is a pro-entrepreneur with past and current ventures in market research, advertising, CGI, e-learning and brand consultancy. He writes on MxMIndia every other Thursday. His views here are personal.

     

  • Das ka Dum with Dr Bhaskar Das | Sunil Lulla takes charge as Consultant Advisor at Dentsu India today. Given his 360-degree A&M&E experience, what would you like to see him do at Dentsu?

    Bhaskar DasIt was an interesting announcement last week: that of Sunil Lulla joining Dentsu India as a Consultant Advisor. And perhaps as a stand-in CEO as the communique very clearly added that his stint would terminate with the appointment of a new India/South Asia CEO. If and when that happens. So we asked Dr Bhaskar Das this question for the April 4 edition of Das ka Dum. Read on…

     

    If you wish to access the archives, please go to the Das Ka Dum tab on the website’s top navigation bar.

     

    Q. Sunil Lulla takes charge at Dentsu India today. Although the role is of a Consultant Advisor and will end when a permanent CEO joins, given his 360-degree A&M&E experience, what would you like to see him do at Dentsu?

     

    A. Dentsu has inducted a thoroughbred professional in the form of Sunil Lulla. He has robust experience across a variety of businesses and that rich experience would stand in good stead in the case of Dentsu too.

     

    Besides, in a VUCA-dominated world, Dentsu globally delivers consistent, world-class services and format-neutral solutions to its business partners. Dentsu India’s talent pool helps in maintaining this global standard. These core philosophies  of the agency would get accentuated with the induction of Mr Lulla.

     

  • ABP Studios shines at Marathi film awards

    By Our Staff

     

    The ABP Studios co-produced Marathi film, Karkhanisanchi Waari (Ashes on a Road Trip), has won the Marathi Filmfare Award for Best Picture. Mangesh Joshi received the Best Director Award, and Geetanjali Kulkarni received the Best Supporting Actor Female Award for the film.

     

    Commenting on the film’s success, Avinash Pandey, CEO, ABP Network, said: “This is no doubt a huge accomplishment, but I also believe this is just the beginning for our ABP Studios’ team. That this achievement is a precursor of bigger things to come is borne out by the growth and scale that ABP Studios has been able to achieve in such a short span of time.  With Karkhanisanchi Waari they have achieved the goal of effectively capturing the audiences’ imagination by sticking to their primary objective of providing stories from the heart of India. The collective nominations across 9 different categories is a huge testament to this achievement. I am extremely proud of the team and hope that they continue to raise the bar with our upcoming projects.”

     

  • Aamir is brand ambassador for PharmEasy

    By Our Staff

     

    PharmEasy, the online medical platform, has launched its latest campaign starring Aamir Khan as its brand ambassador. Aamir will be seen endorsing the PharmEasy brand via various mediums. The campaign, conceptualised by FCB India, will also be a part of the IPL campaign 2022.

     

    Talking about the collaboration Gaurav Verma, CMO at API Holdings, parent company of PharmEasy, said: “Collaborating with someone as versatile as Aamir Khan fills us with immense joy. We are absolutely thrilled to have him on board as the face of the brand PharmEasy. He truly knows how to engage with the audience. With this association, we aim to reach more people while making affordable healthcare accessible to everyone. We are looking forward to a great collaboration with him this year and widening our reach through offerings and such campaigns.”

  • Swiggy unveils 4 new TVCs for IPL 22

    By Our Staff

     

    Swiggy, online food ordering and delivery platform, has launched four TVCs as part of its brand new campaign this Tata Indian Premier League (IPL) 2022. It has been conceptualised by Brand David.

     

    Commenting on the new campaign, Ashish Lingamneni, Head of Brand at Swiggy, said: “By asking a simple question – Aap kiske saath dekhoge? This IPL season, we aim to highlight how Swiggy, with both Instamart & food delivery will make the match-viewing ritual for fans who are watching with family, friends or just by themselves more enjoyable. The ads bring alive the convenience users turn to Swiggy for, while also underlining the brand’s benefits in a likable and engaging manner. The TVCs are a mix of consumer insight, targeting and product communication which is clutter-breaking.”

     

    Added Piyush Pandey, Chairman Global Creative & Executive Chairman, Ogilvy India: “Swiggy is the friend that makes our experiences better. It always helps add that extra mazza and without it, any game experience won’t be the same. #AapKiskeSaathDekhoge is an invitation for more and more people to enjoy the company of Swiggy. I am proud of the work done by the teams across Ogilvy and Brand David.”

  • Rediff promotes Kalyani Srivastava

    By Our Staff

     

    Kalyani Srivastava
    Kalyani Srivastava

    Rediffusion has promoted Kalyani Srivastava to Joint President of the agency. Srivastava will based in Mumbai. Besides continuing to oversee the Mumbai operations of the agency, she will also take charge of Rediffusion Studios.

     

    Said Dr Sandeep Goyal, Managing Director of Rediffusion: “I am delighted that Kalyani Srivastava is moving to a bigger role within the agency and will be shouldering more and more responsibilities in the days and months ahead. Ever since I took over at Rediffusion last year, I have leaned heavily on Kalyani both for continuity of business on existing clients, as well as for the growth of new businesses. Kalyani is an inspiring leader, and one who leads by personal example. Over the past one year, together, we have revamped the agency, inducted new talent, and sharpened our deliveries to clients. Kalyani, I am sure, will take Rediffusion to much greater heights with all her sharp thinking, untiring hardwork and the warmth of her client relationships.”

     

  • Wunderman Thompson campaigns for Water Kingdom

    By Our Staff

     

    Water Kingdom has opened its doors for the general public once again, with the ‘Paani pe sabka haq hai’ campaign. The 360° campaign has been conceptualised by Wunderman Thompson Mumbai.

     

    Talking about the campaign, Hanoz Mogrelia, Senior VP & Executive Creative Director, Wunderman Thompson Mumbai, said: “Summer is here. Water Kingdom is reopening after two years. The pandemic is at an end. Masks are not compulsory from tomorrow. Our line Paani pe sabka haq hai rings true in every sense.”

     

    Added Paresh Mishra, President – Business Development at the entertainment park company: “We are taking utmost care of all our customers and staff after coming out of Covid19. Our water is hygienically cleaned throughout the day, and all Covid related precautions are maintained, our partners at Wunderman Thompson has created a wonderful campaign welcoming guests back to the water park, we were particularly happy with the theme –  ‘Paani pe sabka haq hai’. ”

     

  • Ranjona Banerji: Protesting against news channels

    Ranjona BanerjiBy Ranjona Banerji

     

    Last Sunday, I was part of a group of concerned citizens who wanted to draw attention to the destruction of a Sal forest on the outskirts of Dehradun. The forest with its old Shorea Robusta trees was being cut down to widen the road so that a few minutes of time could be shaved off an alternative route between Delhi and Dehradun.

     

    You know, all for “development”. The forest at Asarodi is part of the Rajaji Tiger Reserve and is therefore a “reserved” forest. Or was.

     

    The group was small. The road had some traffic but not a lot. Many of the trees had been cut down. The ground had been levelled, the undergrowth destroyed by both cutting and burning.

     

    This is filmmaker and environmentalist Pradip Krishen on the Sal and its unique properties, in an interview to Down to Earth magazine, after approval of the destruction of the Rajaji and Shivalik Elephant Reserve was granted in 2021:

     

    “Everything that grows in Sal forests has a pivotal relationship with these tall emergents – whether as understorey shrubs and trees, foraging photons from light filtering through the Sal’s canopy or even just sharing the soil and its minerals and microbes with this community of trees.”

    https://www.downtoearth.org.in/interviews/forests/-we-will-only-wake-up-when-sal-trees-have-been-driven-to-the-brink-of-extinction–74950

     

    I put all this here for context.

     

    On Sunday morning, a reporter and videographer from a TV channel showed up to interview people at the protest. The TV channel is known for its pro-Modi government stance and it runs a nightly pro-Hindu Islamophobic programme hosted by a Pursed Mouth Poser. It is owned by a massive industrial house.

     

    One young activist was angry. Angry at the needless destruction to the forest, angry at some officious official who had tried to end the protest in spite of all the required permissions having been taken. Most of all, he was angry at a media which had capitulated to the powers-that-be. “Why have you come now,” he asked, “after the trees are cut? Why weren’t you reporting on this before it happened? Why doesn’t the media ever criticise the government in power instead of questioning us?”

     

    The poor reporter stood up for herself gently. She tried to explain herself, that she was just an employee, she did as she was told. And that, after all, she was here, wasn’t she?

     

    That is true. She was one of the few who had actually come to cover the protest. And she stayed even after this outburst and interviewed any number of people. Some of us tried to calm the young activist down. I gave a small pointless bit of advice to the reporter and video-journalist about the importance of speaking “truth to power” but also, with other people, explained to the angry young man that fighting with the media at this juncture was counter-productive. He knew all that, but he was just fed up.

     

    But look at it from the public’s point of view.

     

    What is the “story” in this instance?

     

    That people are protesting? Or that a reserved forest, protected for the resident tiger and elephant populations, amongst other flora and fauna, is being destroyed for a road? That the more forests we destroy, the more carbon we release into the atmosphere?

     

    Is the media’s job only to parrot the government line and then present a few voices in opposition and pretend that it’s being “objective”?

     

    Is there a story at all in the destruction of forests, given the climate catastrophe that faces us?

     

    What is the “right stand” for the channel?

     

    **

     

    Meanwhile, you can also do this kind of a story, on how the Reserve Bank of India has been systematically disempowered by the Modi government.

    https://www.aljazeera.com/economy/2022/4/4/india-sought-probe-into-ex-rbi-guv-rajan-for-helping-white-man

    https://www.aljazeera.com/economy/2022/4/5/hold-india-helps-central-bank-to-circumvent-inflation-law

     

    Ranjona Banerji is a senior journalist and commentator. She writes on MxMIndia on Tuesdays and Fridays. Her views here are personal

     

  • Das ka Dum with Dr Bhaskar Das | We are on Day 5 of the new financial year. The world has opened up, wearing masks is now optional… your forecast for the new fiscal?

    Bhaskar DasWe have asked this question a few times in the past but at different times in the last two years. Here’s Dr Bhaskar Das in the April 5 edition of Das ka Dum. Read on…

     

    If you wish to access the archives, please go to the Das Ka Dum tab on the website’s top navigation bar.

     

    Q. We are on Day 5 of the new financial year. The world has opened up, wearing masks is now optional… your forecast for the new fiscal?

     

    A. Yes, the world is opening up slowly and steadily but the caution cannot be thrown to the winds as there is always some buzz about some new variants of the virus. The pandemic might change into an endemic.

     

    Having said that, citizens have realised the need for giving livelihood a chance to enable life to thrive. Human ingenuity with support from tech-led innovation would certainly improve the business sentiments in 2022, although at a different pace for various sectors. Here is a final caveat to the crystal-grazing: hope the Ukraine war would not queer the pitch for my optimism of an economic resurgence, globally, including India.