Thinkpad: The Baba Sehgal Mashup

Thinkpad: The Baba Sehgal Mashup

Thinkpad got a writing challenge this week from the boss, BloombergQuint Managing Editor Menaka Doshi—give us top news of the week in Baba Sehgal songs.

Who doesn’t love Baba Sehgal and Thinkpad loves a challenge so we (foolishly) accepted. Too late to chicken out now so here goes:

It was Reliance Industries Ltd.’s AGM week and on Thursday Mukesh Ambani took the stage for his annual missive.

Dil dhadke mera dil dhadkeKoi nahee jane baba kyon dhadke...said investors as they waited for the next big thing out of Reliance.

Finally, the speech began, right after an introduction to the family.

For a while now Reliance and Saudi Aramco have been saying to each other Aaja Meri Gaadi mein baith jaa...Aaja Meri Gaadi Mein Baith Jaa...Long Drive Jayenge...Full Speed Jayenge...Kahi Rukenge Na Hum...

Now finally a deal is within sight and the long discussed partnership between Reliance and Saudi Aramco is expected to be formalised this year.

Then came the announcement of a move into green energy and a new phone in collaboration with Google. Reliance ticked all the boxes but the stock still fell.

Worry not, Reliance said to its investors. Dil ko na peeto...promise karta hoon chalenge burrito...baad main party karne chalenge in Titto...

The other story that played out through the week was the slightly baffling tale of the PNB Housing-Carlyle deal. PNB Housing, PNB and Carlyle signed-off on a deal which looked good for the company in principle but didn’t tick all the procedural boxes. SEBI got in on the act and asked for a review. SAT allowed the vote to be held but asked that the results not be disclosed till it looks into the issues.

So is the deal dead or alive? No one knows yet.

In the meantime, to Punjab National Bank, PNB Housing Finance Ltd., its investors and Carlyle, we say: ♫ Kela Khao, Kela Khao, Kela Khao...Kal kya hoga, Kaise sab hoga, Kyu tension lete ho, tum karlo thoda yoga...♫

Thinkpad’s favourite story of the week was this one. After eight years of chasing down villain Vijay Mallya, banks may have to change their tune after they got nearly all of their principal back by selling shares of companies that once belonged to Mallya. After years of hating, will lenders find some love in their hearts for Mallya?

Will they belt out ♫ I love the way you call me Senorita...Rakha hai teri mom ne naam Sarita...Likhi hai meine tere liye kavita...Ring main le kar aaya, flat bhee sell kar aaya...♫

And how will Mallya respond?

♫I'm not telling lies...main hoon banda very niceFrank-kaly main toh bolu jo pasand hai, pasand only chicken fried rice...chicken fried rice, chicken fried rice...♫

If you’ve stayed with us this far, we thank you profusely. We also wonder whether you have nothing better to do with your Sunday! But you deserve some ♫ thanda thanda pani♫. Or perhaps something stronger after reading this week’s Thinkpad?

Cheers.

PS: We await the boss’ verdict. If Thinkpad is discontinued next week, you’ll get the drift.

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