Wednesday, August 30, 2006

Joyous Flight For This Wadia!

As part of a group, which has a portfolio of some of the oldest companies like Bombay Burmah Trading Corporation (the second company to be listed on Stock Exchange) and Bombay Dyeing, the pressure of carrying forward an impressive legacy is obviously lying heavy on Jeh’s shoulder, a pressure that literally needs to be carried out gracefully. And his leadership mantra? “Leadership is how efficiently you drive the people, your people need to be given freedom,” says the handsome entrepreneur. And no... he’s not just a shrewd businessman, but also a philanthropist. He is working towards making 600,000 villages self-reliant and has, in addition, adopted 2000 villages under the Deendayal Research Institute. It’s not just a joyous flight for this Wadia!

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-
Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Tuesday, August 22, 2006

Mukesh Ambani To Race Ahead of Anil

Clearly though, this imbroglio is just a continuation of the internecine battle between the duo. According to Jayant Pai, Vice President, Parag Parikh Financial Advisory Services Limited, “There may even be other parties working behind the scenes instigating the two. I do not foresee them working as a team in immediate future.” In fact, cynics see this controversy as a masterstroke by elder brother Mukesh to race ahead of Anil. With Reliance Retail rolling out soon, Mukesh will soon control a Rs.2,000 billion empire. If Anil’s ‘power’ dreams are stymied by gas, or the lack of it, he will find it extremely tough to play catch up. Is that the reason why the Anil camp is visibly bitter while the Mukesh camp is chilled out?

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-
Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Sunday, August 20, 2006

SOFTWARE


This failure can be somewhat generously described as a design and integration failure on the part of the drive manufacturer and the operating system manufacturer. Fortunately, I had routinely backed-up the hard drive using backup soft ware from another soft ware manufacturer. Unfortunately, the backup software had failed for the previous 4 days, and, as is oft en the case with soft ware that operates unattended, it did not warn me of the failure. Thus, I had lost four days of email and documents, quite a lot when one’s professional life depends on email and electronically created documents.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-
Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006



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Thursday, August 17, 2006

Sabotage of Right to Information

IIPM dares to look beyond, and proudly understands that what we teach today, others adopt tomorrow...


Odds are, pleas of people like Oswal from the textile industry would go in vain since the Left is unwaveringly opposed to labour policy reforms of any sort. Asser Assertively comments former Union Minister Rajiv Pratap Rudy: “This government clearly seems to be forgetting a fundamental truth: You can have economic development without social justice. But you cannot have social justice without economic development!” Such profligate spending and a thorough blind refusal to accept economic realities of a rapidly globalising world are enough cause for concern. What raises more alarming signals is the tendency of this government to go back to the bad old days of bureaucrats deciding what is ‘public interest’ and what is good and bad for citizens of the country.

The virtual sabotage of the Right to Information Act discussed above is just one instance of how unaccountable bureaucrats are determined to persist in their self image of being public masters rather than public servants. There is another more dangerous move. The government plans to table a new Bill in the Parliament that will allow a District Magistrate to shut down the operations of any television news channel. Most analysts had hoped that this kind of intolerant, paternalistic, authoritarian and mai baap government was surely history. Or is history repeating itself with a once upon a time champion of reforms Manmohan Singh being forced to become a reluctant Santa Claus?


For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-
Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006