Showing posts with label news weekly. Show all posts
Showing posts with label news weekly. Show all posts

Tuesday, June 22, 2010

Extreme action zone ahead

Chris ‘CP’ Pfeiffer is a gladiator on wheels. The World Champion (2003, 2007, 2008, 2009) Stunt Rider plays out on asphalt every leather-loving guy’s wildest bike fantasy. Recently back home in Germany, after an India tour, the ace biker reminisces about the experience, among other things to Indira Parthasarathy...

You had the Indian audience eating out of your hands – and not just when you did the no-hands wheelies... How do you sum up the experience?

The crowd response was amazing! I’ll never forget these shows!

Was that the BMW F800 R Chris Pfeiffer Special Edition bike you were performing on? Which is/are your favourite machine(s) to stunt-ride on?

Yes, it was. And it is also my favourite.

MotoGP legend Wayne Gardner had mentioned something like what you maintain: the “united with the bike” experience. Can you elaborate on the ‘one with the bike’ feeling?

If a bike really fits your riding style, you’ll do best to be united with the bike while riding it on the edge. Difficult to explain… all controls have to be in perfect position and work exactly like you want it. Then you are not just sitting/standing on a bike – you sit/stand on it and feel good because the bike is perfectly controllable.

On a normal traffic jaunt with the bike, how do you resist the temptation to break into stunts?

It is no problem. Riding is riding and stunting is stunting. All in its proper time…

What specialised modifications are required for freestyle biking?

A handbrake for the rear wheel, maybe some mods on the engine to make sure that it gets oil in long wheelies. The rest are details that every rider individually builds.

Which was your toughest Championship win?

The last (Indoor Streetbike Freestyle) World Championship in 2009. I had diarrhoea and felt weak. But somehow I made it.

You are real survivor material, as was evinced by the way you made your comeback after the horrible accident in the 90s during the Guinness Record shoot. How did you fight off the jitters to get back on asphalt after an incident like that?

I was very motivated to get back on the bike, also a bit scared that I’ll lose my trust in brakes because the cause for this accident was a brake problem. But I had no mental problem. I check the brakes very often now.

Bunny hops (long jumps) involve other people. How do you bring yourself around the idea of risking other lives, and how do you prepare for it?

Well, the jump does sound crazy but it (the record long jump without a ramp over 33 people lying next to each other) was safe after all the preparations for more than six months. But still I’d not do it again.

Which stunts are Chris Pfeiffer inventions?

Touch ground wheelie circles, Side stand off, The CP Jump, 360 Ground (360° turning during the ride).

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Monday, May 03, 2010

Family ties unearthed!

What’s common between Madonna and Ellen DeGeneres? One is a dancer, the other likes to dance; one is a legendary pop singer while the other is a judge at the “American Idol”. Closer scrutiny reveals that the two were born in the same year and both of them have also penned books. Genealogy researchers at Ancestry.com though have come up with the most shocking connection between the two yet – Martin Aucoin, their 10th great grandfather! That’s right Madonna and Ellen are 11th cousins! Martin’s two daughters apparently left France and settled in Nova Scotia, and while Ellen’s family left Canada in late 1700s, Madonna’s family relocated in late 1870s. Wonder if others in this family tree are equally talented…

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Thursday, April 08, 2010

Drive-in beach

The importance of Wayanad does not end in its natural splendour. There are a number of historic and ecological spots. Wayanad has a past that stretches back to the Stone Age. The Edakkal Cave can be spotted in the pre-historic map of the world for its pre-historic rock etchings. It is a where historians, anthropologists and archaeologists from all over the world flock to. The different sets of petro glyphs found on the caves here are supposed to be date more than 5000 years back.

Sulthan Bathery or Sultans Battery, a small town in Wayanad, is another centre of tourism. It got its present name from Tipu Sultan of Mysore who attacked and took into custody the Jain Temple and used it as his battery in the 18th century.

Thirunelli temple at the foothills of Brahmagiri, Ananthanantha Swami temple at Puliyarmala, Sreemahaganapathy temple and Pallikkunnu Church are famous centres in Wayanad. Pookkode Lake is another attraction near Lakkidi. The Chempara Peak, Banasura Sagar Dam, Kuruva Dweep (island), Soochipara, Kanthapara Meenmutty waterfalls in Meppadi-Ambalavayal offer a wide range of varied experiences. Pakshipathalam, the place located about 1740 meters above sea level, is a habitat of a variety of birds. It is a good trekking spot too.

Kabani River is the lifeline of Wayanad with its tributaries Kalindi, Mananthavadi and Panamaram.

Compared with other districts of Kerala, the demographic structure of Wayanad is very unique. Thirty six per cent of Adivasis in the state live here. They consist of Paniyas, Adiyas, Ooralis, Kurumas and Kattunaykkans. The Jains came here from Karnataka in the 13th century. Hindu upper caste Nairs came here in the 14th century and established their feudal system. Then came the Muslims. In 1950s, Christian migrants from the southern districts started the plantation culture in Wayanad.

The district is connected with the neighbouring towns by a number of good roads. The Calicut-Mysore National Highway 212 cuts through through the middle of the district. If you are lucky, you may spot elephants on the highway too.
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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Tuesday, April 06, 2010

The National Commission for Minorities Act

“The Rangnath Commission report is not different from the Sachhar Committee report. It is also on the lines of Pirpur Report, Sharif Report, Fazal Haq Report and Kamlayar Jung Report prepared by Muslim League before partition. It will lead to communal polarisation of the country,” said Rakesh Sinha, director at India Policy Foundation, New Delhi. “It has completely sidelined the linguistic minorities and only focused on religious minorities. It has tried to rewind the clock to the period before 1947,” Sinha added.

It is important to mention that the National Commission for Religious and linguistic Minorities was constituted on October 29 by the Centre with the clear cut terms of reference not only to suggest criteria for identification of socially and economically backward sections among religious and linguistic minorities but also to recommend measures of welfare for them including reservation in education and government employment and to suggest the necessary constitutional, legal and administrative modalities required for implementation of its recommendations.

Justice Rangnath Mishra, the former chief justice of India, was appointed its chairman with Tahir Mahmod, Anil Wilson and Mohinder Singh as its members. The commission was asked to present its report within six months but it finally submitted it on May 10, 2007. It is pertinent to note that Asha Das, a former secretary to the government of India who was appointed as the member secretary of the commission, had a difference of opinion to the extent that she put in a note of dissent on conferment of scheduled caste status to SC converts to Christianity and Islam. While dissenting to the recommendations of commission in her 12-page note, Das has not uttered a single word about linguistic minorities but has criticised the concept of identifying a caste or community as backward caste or scheduled caste by saying that “It has now become archaic and has created a vested interest in backwardness.” She further adds, “After nearly 60 years of planning and affirmative action in favour of backwardness and scheduled castes, there does not possibly exist a single caste or class in which every constituent is backward.”

Das has also pointed out that, “There is enough evidence to establish that ‘untouchability’ is on the decline…According to a government report, on the Protection of Civil Rights Act, 1955, during 2003, only 651 cases were registered in the country in 12 states as against 4,000 cases registered annually under the Act during the first half of the 1980s.”

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Friday, March 26, 2010

The Indian connection

Director of epic films “Titanic” and “Avatar”, James Cameron is in India and has revealed his fascination for the rich and vivid Hindu pantheon and mythology and said that his film “Avatar”, which has blue-skinned humanoids, could have been subconsciously influenced by Hindu mythology. One of the most revered Hindu Gods, Krishna, is also depicted as blue-skinned, and Cameron said that he tried to avoid closely referencing to Hindu religion, and he hoped to not have offended anyone with the subconscious association. And let’s not forget that the name of this Oscar-winning film too, like Cameron pointed out, is a Sanskrit word, and according to Cameron was another subconscious reference to India!
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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Thursday, March 25, 2010

Woman power - Misplaced scepticism

We must go through with the Women’s Reservation Bill for it’s an idea whose time has come

Abha Chaudhary
President, Delhi Pradesh Mahila Congress


Let me state at the outset that the Women’s Reservation Bill has cleared the very important first hurdle in the Rajya Sabha because of the personal commitment displayed by the UPA chairperson Sonia Gandhi. It has taken 14 long years for this Bill to be considered seriously by our Parliamentarians; but I would gladly say better late than never. I have no doubt that after this Bill becomes law, it will lead to dramatic and positive changes in Indian politics as well as Indian society. In a true sense, this is a transformational bill. Of course, the sceptics and cynics will continue to criticise the Bill and try their best to run it down. But then, most transformational policies and initiatives have to encounter and surmount such hurdles.

There was similar scepticism and even derision when seats at the Panchayat level were reserved for women candidates. Many said that the woman Sarpanch would only be a rubber stamp and a token figure who would endorse whatever was desired by her husband and other male relatives. Indeed, in the early years after Sarpanch seats were reserved for women, many such cases did occur and many women acted as rubber stamps for their husbands. But even as sceptics were highlighting these anomalies, there was a quiet revolution sweeping across the country. In almost every state in India, you will now find that women have made a dramatic difference in villages where they have been elected as the sarpanch. I have personally known cases where a woman sarpanch has taken bold initiatives that have resulted in the poor getting more benefits from welfare programmes like NREGS and Sarva Shiksha Abhiyaan. Corruption has actually come down in places where dedicated women have performed the role of Sarpanch; this is particularly true in thestate of Rajasthan where the society is still deeply traditional and steeped in patriarchy.
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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Friday, March 19, 2010

Love lost

TSI Five-O: Where is the love or the comedy?
“Love Happens” is not a very fascinating love story and it isn’t exactly a tear jerker either. The much expected spark between Aaron Eckhart and Jeniffer Aniston never materialises leaving the film cold. Dr Burke Ryan (Eckhart) has authored a self help book, ‘A-okay’ which encourages everyone to face their fear and withstand their grief. Deep down Burke hasn’t confronted his own loss, the death of his beloved wife. On the one hand he encourages others and helps them live a positive life with the help of his workshops and grief seminars, on the other hasn’t himself come to terms with his own reality. Eloise (Jennifer Aniston) is the queen of wrecked relationships who has now sworn off guys and is successfully running her flower shop. Eloise is a regular at the hotel where Burke’s workshops are planned and while she helps with the interior decorations of the venue she instantly feels attracted to Burke as she sees him deliver a lecture.

The rest of the story unfolds about how love is discovered between the two and most of it is pedestrian as well as predictable. Burke Ryan as a character held promise but the film doesn’t capitalise on it and the two leads seem mismatched. The upshot? The script doesn’t bring much novelty to the fore and the latest product to roll off Hollywood’s rom com assembly line happens to be just ho hum.
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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Friday, March 12, 2010

long-term political gains

While Trinamool Congress and DMK had bought the logic then, they came out openly against the decision once the recommendations were implemented. They were in favour of reduction of service tax and excise duty. The fuel price hike will affect their two core groups, farmers and the middle class. While the former will be affected by the rise in the price of diesel, the increase in transportation costs will hit the latter. Transportation cost escalation might fuel a further rise in the prices of essential commodities.

Talking to TSI, Trinamool leader Dinesh Trivedi said that while the railway minister kept diesel transportation out of the ambit of service tax, the finance minister failed to do his bit. This, according to Trivedi, was not in accordance with the sentiments of the allies.

The same goes for DMK, whose leader and Tamil Nadu CM M. Karunanidhi shot a letter to the PM merely three hours after the Budget was presented. A. Raja, Union communications minister, wasted no time in personally delivering it to the PMO.

DMK is peeved as it could find itself on sticky ground in the Assembly elections due next year. However, sources claim that there is another reason behind this response. The PMO is apparently not happy with M.K. Alagiri and the way he runs his ministry. He has been told so in as many words by the PMO, but he has refused to mend his ways. DMK is now using this issue to settle scores and ensure that Alagiri remains a part of the ministry.

This was also the first time in India‘s parliamentary history that the entire Opposition staged a walkout in the middle of the Budget presentation. There were two flanks that were particularly active. The command of the UPA allies was with Mulayam Singh while the united Opposition was spearheaded by leader of the Opposition in the Lok Sabha, Sushma Swaraj. Swaraj had called a joint meeting of the Opposition in the office of the BJP parliamentary party prior to the Budget session. All matters related to floor coordination were discussed there. It was decided how, and when, the Opposition would corner the government over the price rise issue. It was also decided that some Opposition parties such as JD(U) would raise the matter of corruption and then the entire Opposition would walk out of the House.

From the government side, parliamentary affairs minister Pawan Bansal was in total command. He had personally called Mulayam and Lalu to request that if at all they plan to protest against the move by the government, they should do so in a way that would not unduly embarrass the government. However, Lalu, for own sweet reasons, not only came out openly to support the allegations levelled by Swaraj but also made it amply clear that his party would support the Opposition in the mass movement against price rise.
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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Saturday, March 06, 2010

Not so ‘Wright’ after all, eh!

The fact is – endless rounds of green summits between nations have ended up doing far greater harm than good. And the numerous flights that ferry officials and their teams back and forth to these meetings have a lot to do with that. Indeed, the reality of green transport will remain a distant dream without considering the aviation sector, which ranks right up there in the ranks of the world’s most polluting sectors of all time.

While flying is a day-to-day activity for those who can afford it, it’s a dream for many more who can’t. For the earth, however, it’s a growing nightmare the more such dreams get realised. Air travel is responsible for around 2.5% of CO2 emissions to the atmosphere. The effect of emissions has been known to increase nonlinearly with altitude. Environmental activists believe that aircraft are so harmful that one 747 takeoff creates the pollution level equivalent to setting a local gas station on fire – compare this to the fact that the year 2008 had over 77 million aircraft movements taking place globally. And the figure will only increase exponentially.

If this still looks like a non-issue, consider this report. A medical report from the University of Illinois, Chicago, estimated that the Chicago O’Hare International Airport affects the health of as many as 5-million people living in the surroundings. The report cites that if you live within 5-6 miles of an airport, you face a heightened risk of dying prematurely from environmentally induced cancer. Imagine the cumulative effect caused by around 49,000 airports operating worldwide (as per last statistics of Airports Council International). From damage due to chemicals like ethylene glycol, propylene glycol and NO2 to the harmful effects of aircraft noise, major health problems have been identified regularly.

According to Germany’s central environmental office, a day-time average sound pressure level of 60 decibel has the ability to increase the incidence of coronary heart disease by 61% in men and 80% in women, while a night-time average sound pressure level of 55 decibel increases the risk of heart attacks by 66% in men and 139% in women. Surprisingly, flights still take off with noise pollution levels of as much as 150 decibels on an average.

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Outlook Magazine money editor quits
Don't trust the Indian Media!

Friday, March 05, 2010

Priyanka’s seventh husband is…


Priyanka Chopra is making headlines for her seven husbands in her forthcoming film “Saat Khoon Maaf,” and the latest addition to her long list of husbands is Neil Nitin Mukesh, who will be playing her youngest husband, while Naseeruddin Shah plays the oldest. Others playing her hubby include Mohanlal and a little-known American actor. Apparently, Neil’s character requires heavy physical transformation and he would be unrecognisable on screen. With the fascinating ensemble star cast, it looks like Piggy Chops is going to be in another helluva movie!
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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Outlook Magazine money editor quits
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Friday, February 26, 2010

NARESH GUPTA, MD, ADOBE india

I realised... if I pay them the ransom, my son would be back...

B&E: What was your first reaction when you discovered that your son Anant was kidnapped?

Naresh Gupta (NG): Obviously, it wasn’t a very happy moment for me or my family. Infact when the incident happened, I was in Hong Kong for business purpose. I immediately flew back and after some discussions with some of my close associates, we decided to hire an expert from Philippines. That was my first reaction and the first step I took. I didn’t want to compromise on anything and we decided that taking expert opinion and consulting was the best way to get out of the situation and get my son back, safe.

B&E: How were the state of affairs at home? You being the head of the family, did you get into that assurance mode that all would be set right?

NG: Of course not! I was as worried as they were, and I simply told them to handle their own tears. I had to be practical and had to keep my mind off all the grief and think clearly. I had to spend more quality time thinking about what can happen rather than waste time in grief, thinking about what happened!

B&E: So how did the family come to know about Anant’s kidnapping? NG: The family received a phone call stating the obvious. Then the police was immediately involved and I openly decided to involve the media as well. We were very open about it and hoped that telling the world would make it easier for us to nab the kidnappers. There were people telling me how two men on a motorcycle had picked up my son from where he would catch his school bus everyday. He was just in the pre-nursery standard then, and it would have been a rather easy task to kidnap a kid, who was totally unguarded, totally unarmed or forewarned.

B&E: So how did you proceed and how long was it before Anant came back home safe?

NG: The consultant told me very clearly that it was a business deal and that they would never harm the asset if I fulfilled their demand. I did just that. I had the consideration and I realised that if I gave them their price, without making any mistake or taking any foolish step, my son would be back with me. It took us three days, the deal was done and I paid them Rs.60 lakh. Yes, I paid them the money, and the deal closed. Anant was back home and all in my family were greatly relieved...

B&E: Did the event lead to any emotional or mental stress on Anant?

NG: Not really. He is rather proud about it and goes on telling all his friends his heroism when he was kidnapped. He explains the situation well and is rather proud to be the protagonist of the tale (Naresh laughs).

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Outlook Magazine money editor quits
Don't trust the Indian Media!

Wednesday, February 24, 2010

Resilient few who could beat the matrix

Coming back to Gladwell’s 10,000 hour rule, ergo, does it mean that the older your company’s existence, the more guaranteed your position is in the B&E Power 100 ranking? When Fortune magazine released its Fortune 500 list last year, iconic management guru Jim Collins, author of the cult book Good To Great, wrote in the cover story, “We live in an era of flux, where nothing can be built to last... In an era of turmoil, corporate stars will rise and fall. Of the 500 companies that appeared in the Fortune 500 list in 1955, only 71 find a place in the 2008 list! 2000 other companies have made it to the list and most are long gone from it...” We believed India Inc. was and is more resilient. We believed companies that are profitable in India, would more or less remain relatively similarly ranked in B&E Power 100 lists as years go by.

We were sure the Collins’ hypothesis would not apply to Indian companies. When the B&E Power 100 list came out for the year 2009, we realized how wrong we were. Out of the 100 companies that were there in our 2008 list, less than 80 find their way in the 2009 list – a churn of more than 20% for the last year. Yes, there are companies like Satyam that featured in our previous list and have not made it through the current one (for reasons other than losses; they’ve yet not released their results). But those are companies like MTNL, Biocon, Suzlon, Jubilant, Birla Corporation, DSP Merrill Lynch and more which, with their dropping out, prove that the Collins’ rule holds even across continents. In fact, the number one company on our current list, ONGC, is a brand new entrant (last year, the company couldn’t make it as it had not declared its results).

Be that as it may, a decade down, perhaps, we would find the resilient few who could beat the matrix at its own game. Perhaps, we would have case studies to show to the rest of the world on how to take the jump from the good to the greatest. Perhaps we would be able to finally corner the code that makes up the essence of an outlier. One day perhaps... For now, you have our smashing B&E Power 100 list, the only and exclusive ranking of the most profitable corporations India has to offer!!!
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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Wednesday, February 17, 2010

In the heart of the coal belt

BCCL township have undergone paradigm shift in the last four decades, but not all is well. Gyanendra Kumar Kashyap reports…

For the 42-year-old Brij Bihari Srivastava, life has completely been transformed in the last twenty years and he thanks the flourishing Bharat Coking Coal Limited (BCCL, a subsidiary of Coal India Limited) township at Jagjivan Nagar, Dhanbad. Brij Bihari is not an employee of BCCL. In fact, he is a fruit and vegetable vendor outside BCCL’s main gate. “When I came to BCCL, 20 years ago, there were merely 15 families to serve to, but today I cater to the demands of more than 300 families,” he says.

As I entered the township on that positive note, I was taken aback by the new pink coating on the houses; as if trying to prove a point that BCCL was in the pink of health (BCCL’s annual net loss stood at Rs.13.63 billion for 2008-09).

Dhanbad, an eastern town in the state of Jharkhand (carved out of Southern Bihar in the year 2000), which is home to BCCL, is the centre of mining activities in the Jharia and Raniganj Coalfield – meeting almost 50% of the total prime coking coal requirement of the integrated steel sector. The strategic location of BCCL is further enhanced by Centre for Scientific and Industrial Research Laboratories (Central Mining Research Institute, CMRI and Central Fuel Research Institute, CFRI) along with the popular Indian School of Mines.

Has BCCL has been able to leverage the presence of the research laboratories and the academic institution to its benefit? As I talk to Kalyani Devi (widow of an employee), who has been there for the last 40 odd years, on the changing scenario in the township I can see her eyes brimming with satisfaction over the developmental strides that the township has made. “There are number of issues, which have remained more or less the same, but for us housewives, availability of water is the greatest concern. And in this respect, BCCL has done enough,” says Kalyani. The water supply was once a week 15 years back. Now they are getting water supply everyday. But not all changes are for good. Kamla Charan Ghatak, a sexagenarian resident of Jagjivan Nagar, reminisces, “The township was more like a closely knit family, but I no longer find the same today, times have changed but I have no complaints.”

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Tuesday, February 16, 2010

Wind from the woods

The great Jolie-Pitt split!

News that Brad Pitt and Angelina Jolie’s relationship is over is doing the rounds, and not without reason too. The duo was spotted at the Director’s Guild of America awards in Hollywood recently. The couple did not walk the red carpet together, they seemed uncomfortable posing for snaps together and were evidently distant. Pitt, however, did well to cling on to his new and horrendous grey goatie! While they are known to be incessantly quarreling these days, what’s hilarious is that they have even been fighting over when to make their split public!

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Friday, February 12, 2010

Climate change

Here, too, I had had advance warning. Dr Chris Landsea, who is to hurricanes what Professor Bhat is to his Himalayan glaciers, had resigned from the IPCC’s list of authors when his lead author appeared on a public platform supporting an environmental lobby group that was claiming that the frequency and intensity of hurricanes would increase as a result of global warming.

Dr Landsea had written to the IPCC demanding that it invited his lead author to desist and apologise. The IPCC, however, did nothing – and went on to repeat in its own pages substantially the same lie that the lead author and the environmental pressure-group had been peddling.

Yet again, I was not surprised to learn that the IPCC had had to withdraw its erroneous assertion.

I have had several run-ins with the IPCC. On the day of publication of the 2007 Fourth Assessment Report, I noticed that IPCC bureaucrats had inserted a table into the summary that had not been in the final draft sent in by the reviewers. I contacted four senior IPCC officials at once and ordered them to remove or at least to correct the bogus table, which did not even add up correctly.

The bureaucrats, panicked by a leaked report in the London Sunday Telegraph to the effect that the report would reduce the IPCC’s high-end estimate of sea-level rise this century from three to just two feet, had inserted the graph themselves in great haste in the hope of demonstrating (falsely) that the rate of sea-level rise had recently increased. In fact, the apparent increase (from 8 inches per century to 12 inches per century) was an artifact of the change in measurement method from tide-gauges to satellite altimetry in 1993.

The IPCC, on receiving my letter, had at once moved, renamed, relabelled and retotalled the table so that it now added up correctly. But what is one to make of a supposedly scientific process where, after years of work by scientists, a handful of bureaucrats can simply insert data – and inaccurate data at that – without permission from any of the scientists?
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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Thursday, February 11, 2010

Economists suggest that the fiscal policy requires precise macroeconomic policy

Economists suggest that the fiscal policy requires precise macroeconomic policy measures and cannot be realised without increasing revenue collection, going slow on the public sector and stimulating productivity. Rajapaksa, to his credit, has been able to uphold positive economic growth. However, it largely came from soaring government spending on the war and the public sector. The International Monetary Fund (IMF) wants Colombo to drastically bring down its budget deficit. IMF has warned Lanka that it may suspend its programme leading to withdrawal of overseas money in government securities and an expected demotion in sovereign credit rating.

However, in the agriculture sector, Rajapaksa has done some wonders. He has encouraged production of food items that were earlier imported from India and Pakistan. It is not for nothing that the rural electorate has backed him solidly. Similar measures in urban areas can bring much needed change.

Constitutional change will be put on the backburner. The executive presidency that makes one Sri Lankan virtually a constitutional monarch is something that disturbs every constitutional expert. There are also very dim chances of 17th Amendment getting implemented that would have appointed the four independent commissions for the police, public service, judiciary and elections.

“Rajapaksa has rather been very open about the executive presidency system. He will modify it a bit but the post remains,” says S.I. Keethaponcalan, a senior political scientist at the Colombo University. “The system does not want you to work independently. The President needs to work with the Parliament in tandem. All these years, they been working alone and that is something that is outside the constitution,” he said.

A key area of interest for India will be the foreign policy where it has been left high and dry following strengthening of bonds between the island nation and China. Hambantota is where China is building a $1 billion port that it plans to use as a refueling and docking station for its navy, as it patrols the Indian Ocean and protects China’s supplies of Gulf oil. “The concern of India is unfounded. Also, they have only themselves to blame, for the initial offer was made to New Delhi where India’s bureaucracy kept it languishing, similar to some of the other projects which Colombo had proposed to them,” justifies Kalyananda Godage, a politico-economic expert.

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Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Friday, February 05, 2010

Humans have fallen prey to deadly diseases much easier than expected

Even in this modern 21st century, the number of people dying because of epidemics is more than people dying in wars or terror attacks. According to the World Health Report 2004, if 7.2 million people die of ischaemic heart disease every year and 5.5 million out of Cerebrovascular disease, then 3.9 million also die out of lower respiratory infections.

One of the deadliest diseases, HIV/AIDS, kills 2.8 million every year, with over 39.4 million people living with HIV today. Over 32.7 million die every year from just 12 leading diseases worldwide. The World Health Report 2004 further reveals that out of the 57 million who died in the world in 2002 out of diseases, 33.5 million died out of non-communicable diseases, 18.3 million died out of communicable diseases, perinatal and nutritional conditions (rest from other external injuries).

Though medical science is advancing, so is the emergence of new viruses; in just 39 years, 40 new viruses have emerged, including Ebola, HIV, H1N1, H2N2. Avian, swine, mouth-and-foot, salmonella... although we’re winning the battles, scientists accept we’re not even close to winning the war – in fact, some say they don’t even have an idea where the war is supposed to take place.

In the Pulitzer Prize winning book, Guns, Germs, and Steel, cult author Professor Jared Diamond proves how Eurasian cultures have ruled all the other continents by spreading their ‘germs’ within foreign populations, thus killing them en masse, consequently allowing Eurasians to gain physical superiority.

One hopes he writes an epilogue for his book for the 2000s, as for a change, those are animals that seem to be getting a physical superiority over us...

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Tuesday, February 02, 2010

The road not taken… well taken

B&E’s Pallavi Srivastava catches up with management graduates who looked beyond the traditional corporate career and took up non-conventional jobs... and that’s what made all the difference!

Five years ago, when E. Sarathbabu joined the MBA course at IIM Ahemdabad, he too just like thousands of other MBAs in the country had a dream of working in a plush and grandiose office of a big corporate house. However, destiny had something else in store for him. It was while doing his summer internship at Central Fuel Research Institute in Dhanbad that Sarath realised that he needed a different fuel to run his life. “While doing my internship I came across few statistics that made me think. When I came to know that more than 30% of the people in India live below the poverty line, I was taken by surprise. And that was when the seed to do something to change the situation cropped in my mind,” he tells B&E.

In fact, this was not the only reason that motivated him to take the road not taken by others. Sarath himself had had an early life of difficulties as he was brought up in a slum in Madipakkam in Chennai with four siblings; his mother being the sole breadwinner of the family. Thus, he could feel the plight of those 30% Indians. “I knew the best way to improve their situation was to give them decent jobs.” And that’s how this Chennai lad started off Foodking Catering Services three years ago with a vision to employ illiterate and poor people. Today, Foodking undertakes event catering, industrial catering, and institutional catering. It also has its own retail outlets. In fact, Sarath’s aim is to employ at least 1,00,000 people before he reaches the age of 50. But it was not an easy call for Sarath to reject the lucrative corporate jobs and start his catering business. He admits that he was in a dilemma whether to do something for the social cause or opt for a corporate job. “I thought if I take up a job, things will be good only for my family.

But if I start a company for a social good, things will be really good for the families of the hundreds of people whom I am going to give jobs,” says Sarath. However, Sarath’s efforts to serve people don’t stop at Foodking. He feels that politics is also one of the strong platforms to serve the people and that’s what motivated him to contest for the General Elections from Chennai as an independent candidate early this year.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-

Wednesday, January 27, 2010

An Italian hamlet

Stretching over 50 km along the southern side of the Sorrentine Peninsula, the Amalfi Coast is one of the most intriguing coastlines in Europe. Deep valleys run down to the sea, confirming the conventional interplay between land and sea. The coast is made up of soaring limestone cliffs terraced with scented lemon groves. For some of the most scenic coastal villages in the world, Amalfi is also listed as a World Heritage site by UNESCO. While savouring the Coast at twilight is a fantastic pleasure, renowned for its rugged terrain, Amalfi is fast becoming the numero uno choice for trekkers!

Once in Amalfi, a visit to The Cathedral (Duomo of St. Andrew), decorated with modern mosaic, is a must. It has a magnificent portico with pointed arches and The Crypt contains the remains of the Apostle St. Andrew. The Arsenal is located on the left of the ‘Porta della Marina’, one of the oldest doors through which soldiers ventured into the sea. Renowned for its emerald green waters, Emerald Grotto, is set in the charming bay of Conca Dei Marini.

Located along the entire stretch of the coast are small towns like Positano, Amalfi, Ravello and Salerno. Statle 163 – the road connecting these picturesque towns – is built around mountains, and provides a breathtaking view of the sea.

The pearl of the coast – Positano, is considered to be one of the most striking and expensive places in the world... a “vertical” village with houses organised in a coloured cascade along the hills. The town itself is an engineering marvel; soak up the sun as you hit Santa Croce, or simply climb up the terraces of Villa Rufolo and Cimbone at Ravello, where visitors can admire a wonderful panorama. Of late, Ravello has been gaining popularity because of its Festival Internazionale di Musica. While town hopping, Correale Museum and the Piazza Tasso, the cathedral in the charming town of Sorrento, with its hidden creeks and picturesque beaches makes for time well spent.

Amalfi is an ideal ensemble of mysterious alleyways, enchanting landscape and lazy beaches. With its beautiful seaside setting, be prepared for being bewitched!
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-