Thursday, 22 June 2017

The culinary delight - Madrasi Sambar


This anecdote, during my professional life in a nationalized bank, in the nineties was something of a unique experience; it is worth a recall.

I was posted to work in a branch in the somewhat popular town in Haryana State of Northern India which went by the name of Ambala Cantonment.  I say this place was popular because many of the Indians from the Northern part of the country, knew Ambala very well. Ambala was located on the National Highway; on the border with the Indian state of Punjab and in proximity to the capital Chandigarh. Due to its geographical location, Ambala  was a prominent place with an Army cantonment.

However, many Indians, residing South of Vindhyas, including me, had never heard of the place.  When I received my posting orders, I looked up the India Map (after locating a political map from my daughter’s text book) to ascertain the exact location and enquired from different people on how to get there by train (Google Maps were still way off).

On my first day, I was welcomed to the branch with some warmth but there was also a small measure of disdain.  Some of the local staff, had a nickname for me, a Madrasi.  Anyone hailing from the Southern part of India was a Madrasi, irrespective of the State they belonged.  Since I was replacing another Madrasi, (a fellow Kannadiga), there was not much expectations from me, as this outgoing person had a very somber reputation.  However, I had made it clear to each and every one of the staff member (whoever bothered to listen) that I was from Bangalore, the capital of Karnataka state and my mother tongue happened to be Kannada; more clearly, I had clarified that I was not a Madrasi.  The staff members nodded knowingly, but never bothered to understand the distinction, or how it affected me.  I always remained a Madrasi to them, with a funny name to boot (King of snakes, was what one staff member slyly remarked).

After the first few months of my stay, the staff at the branch started pestering me to host a party of home-prepared Madrasi Idlis and Sambar (I was told that the previous Madrasi incumbent had hosted the staff to delicious Idlis and Sambar on several occasions).  I placed the matter before my wife.  It was agreed that during the branch year end, when only the Managers and Officers staff would be present at the branch, my wife would prepare and serve Idlis with Sambar.

The year-end closing of accounts, is a grueling period for Officers and Managers staff, as the branch balance sheet has to be drawn as on the last day of the year.  The work would entail hours of preparation and would stretch through the night and get completed only by the dawn of the subsequent day.  Following which, all the staff involved in the preparation of the balance sheet would be able to reach their homes only on the subsequent day morning for freshening up. 

When the day of reckoning arrived, my dutiful wife prepared about 80 Idlis, chutney and a bucketful of steaming Sambar to be served to the branch staff as dinner that evening.   I gallantly took up the task of carrying the bulky steel containers on my Bajaj scooter at around 8 PM to the branch.  The staff members present on the day were waiting eagerly to partake of the special Madrasi preparation of the soft Idlis and the deliciously aromatic Sambar.  One of my colleagues, took up the unenviable task of serving one and all, with alacrity.  As there were about 20 staff members, I had indicated that each person present could have up to 4 Idlis per plate and a generous serving of chutney and Sambar.

After delivery of the food items, I had got busy with some office work that required concentration; and had totally forgotten about the dinner that evening.  After a lapse of some time, when my hunger pangs started tingling, I checked with the colleague on the status of Idlis and Sambar.  He directed my attention to the steel containers.  I looked into the containers and saw a pile of Idlis still left over.  There was a huge quantity of chutney too, remaining unconsumed.  However, not a single drop of Sambar remained in the steel container.  I casually enquired with my colleague, what had happened with the huge quantity of Sambar.  He guffawed heartily and informed me that all the staff present had eagerly pounced upon the Sambar container and literally dipped their cups and tumblers into the container, merrily drinking away the delicious hot Sambar.  Only a few of them had consumed some Idlis and chutney.  It seemed that there were no takers for Idlis and chutney.  More than 40 Idlis and a huge quantity of chutney had been leftover, which I took back home crestfallen, to my beleaguered wife.  My wife laughingly remarked that she would have prepared and supplied only Sambar, had she known the taste of the staff of my branch; where was the need of taking pains to prepare so many Idlis and chutney.  I do not know to this day, if the famous Madrasi food, prepared so painstakingly by my wife to be served to the staff of my branch, was a success or failure!

Saturday, 3 June 2017

The Portfolio Conundrum – Honey, it’s all about Money!


It is a bizarre experience to navigate the conundrum named stock market portfolio. Emotions run high and dry, during the ups and downs of the equity markets, especially if you have personally invested in equity and consider yourself a stock market fringe player.   The day the Sensex or the Nifty shoots up, your portfolio valuation shoots up sky high, it would be literally like sailing on cloud nine; no sooner, even before the celebration ends, the portfolio valuation would dip down to an abysmal low; so, would the mood of the player, be.  If one is into the stock market game, honestly, I think the person literally needs to be like the Buddha, to remain unaffected by the stock market volatility.

The stock market experts say, that we should not get rattled by the valuations; the highs and lows are integral to the stock market.  If these were just numbers and figures, I would just be fine; unfortunately, this is all about one’s finances.  Honey, it is all about money.   Stock markets, by its very nature is volatile.  The movement of indices depends on composition of the index and behaviour of the individual shares or stocks of the companies.  Many a time, the stock market indices would have shot up, but my portfolio would have gone down.  Vice versa happening is rare; that’s a mystery to date, which has no logical explanation. All this is perfectly understandable to the analysts or advisors. They have umpteen number of explanations on why the stock value is down or up; or why we should buy or sell a particular stock; or why we should hold or remain invested in the said stock. The advisors would never allow you to exit from the stock market, even though some of the stock valuations are down to a loss of, say 90%, instead they would advise you to substitute the stock with another winner stock from their recommendations’ stable.  They have an explanation for every damn thing happening to the stocks in your portfolio.


All of us have heard of stock market wizards; who have made billions, prime examples being Warren Buffet or our own Rakesh Jhunjhunwala.  My stock market broker/advisor has narrated to me stories of how people who have invested in the equity market and stayed put, have raked in Crores of rupees; rags to riches stories abound in stock market history. With this background, my expectations had been kindled, hoping for a very good return in staying invested long, in the equity market.  I have dreamt of wealth being created through the stock market game.  This, of course, has remained a pipe dream, till today.   But, “never give up, my friend”, says the advisor, (I wouldn’t call him my friend at any rate!) “the cusp of a breakout is very near; Sensex touching 40000 points may not be far off; you will get to be a crorepathi, one day soon”, says the advisor confidently. The fool in me, still believes in the pipe dream; however, I dare not take a peek at my portfolio, which has taken a huge dive in today’s market!