leaner, more productive company.

Even China couldn’t resist this! The state investment agency of China has announced plans to invest $3 billion in US private equity firm Blackstone in a landmark deal for the industry and the government. The agency, which was only established in March, will acquire the stake at 95.5% of the price to be set in Blackstone’s flotation, which is planned for later this year. The purchase of a stake, which will be just under 10%, values the whole of Blackstone at $30 billion. The Chinese government typically invests most of the reserves in more secure though lower-yielding US Treasury bonds.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Illegal activities

Poverty and poaching go hand in hand. Is it realistic to hope for an end to poaching as long as a sizeable number of people in the country remain poor?
Given a choice, most people will not indulge in illegal activities. Poor people living on the fringes of good wildlife habitat oft en turn to poaching, or assisting professional poachers, not because they want to but because otherwise their families would starve. And of course there are also ‘bad hats’ in every community and society to encourage this. We have let down forest fringe dwellers by not off erring them alternatives and opportunities to better their situation. Corruption plays a large part in this, for even where there are schemes to help these communities, they oft en do not benefit the people they are supposed to. In Ranthambhor, for instance, a tiger poacher confessed that he had used the money he made to buy gift s for his family and to organise a puja for his dead grandmother’s soul.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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