the seat of Prime Minister by his political gimmicks which have failed miserably to satisfy the public. The tactlessness in handling the insurgency in the South-Thailand further aggravated the situation. And finally, Thaksin’s interference in the public institutions while defying the Thai monarch resulted in this military coup. What Thailand now needs is not a dictatorial military regime, but peaceful democracy. However, unless the anti-corruption committee set by the new rulers successfully manages to eradicate corruption, democracy will find it hard to sustain.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
has experienced a huge set back after the US Congress passed a legislation, which makes collection of payments for transaction on online gaming sites by both banks and credit card companies in US unlawful. This unexpected step saw shares of online gaming companies like Party Gaming Plc, PartyPoker. com, 888 Holdings Plc et al plummet, as US is the major source of revenue for these companies. The Bill has already been approved by the House of Representatives and the Senate and now awaits the final approval of US President George W. Bush.
starts feeling the consolidation heat, many small and medium-sized players will view it as an opportunity to exit. But in the era where thespians like Mittal, Nippon and Posco are engaged in nasty bidding wars, do players like Tata and Jindal stand a chance? Surely, they do, but for that these domestic players will have to dive into the very dirt-pool that they’ve been loathe to touch, namely, M&As. Else, they run the risk of being sidelined by the global steel sharks...