Pugnacious public sector pasha

Seldom have public sector bosses created such waves, generated so much of controversies and hit the headlines. Even rarer is the spectacle of a public sector boss taking on the combined might of the bureaucracy and the political establishment. And surviving in the job! Former chairman of Maruti and SAIL V. Krishnamoorthy was one instance. Yet, not as abrasively as this man. Of course, one can always cite the example of V. Kurien, the ‘Amul’ man who created a niche of his own when it came to legendary chief executives. Then, there is E. Sreedharan, current boss of Delhi Metro, who acquired a well-deserved halo after implementing the ambitious Konkan Railway project that skirts across the western coast of India like a modern day miracle. Still, Sreedharan is low profile and painfully unassuming and prefers not to be featured prominently in the media. Then there have been others in the public sector who have left their mark. But perhaps none as extravagantly as this man. That too by staring a powerful minister of oil and petroleum and a powerful secretary in the ministry in the face, in a headlong confrontation. And winning the battle because the other guys had to blink. Is it bravery or a passion for professional self-destruction?...

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Source: IIPM Editorial-2006

Low Capacity Vehicles Sales Grow (IIPM-Press Release Article

According to Eric Leblanc, MD, Volvo India, “The fundamental principle in trucking is the ability to do more with less.” The European model is to use a small number of expensive, efficient machines. But all is not so rosy. The Indian trucking brain still assumes ‘cheaper is better’, and prefers to use a large number of cheap trucks instead; reason why sales of LCVs (low capacity vehicles) still grew by an astounding 21.5% in the period of April to October 2005.

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Source:IIPM-Editorial,2006

Wise Person (IIPM-Press Release)

However, as a wise person once told me, “throughout history, knowledge has always exceeded the wisdom with which it has been applied,” and I surmise that many of these same scientists would now be inclined to agree.

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Source:-IIPM-Editorial,2006

Shiv Sainiks (IIPM-Article)

Such is the charisma of Mumbai’s 78 years old saffron clad strongman that, at times, even a hint from the Shiv Sena Pramukh (chief) is enough to ignite fire amongst the Shiv Sainiks, whose faith in his leadership touches fanatical limits.

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Source: IIPM-editorial,2006

CENVAT

IIPM-PRESS CENTRE ARTICLE

On an optimistic note, to take reforms forward, the Finance Minister should end the unwarranted support to SSI sector. The increasing support has only led to tax evasion and revenue loss to the tune of 10% (Rs.20bn) of revenue, owing to mishandling of CENVAT procedures and faulty records.

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Nike sprinting fast ahead

IIPM ARTICLE

Nike, the world’s largest sportswear group, registered a robust first-quarter profit owing to strong sales in the US markets. The athletic footwear and apparel giant’s quarterly income rose 32% to reach $432.2 million. This marks a major turnaround for the sports goods company, as the last quarter saw the Oregon-based company reporting its slowest revenue rise in nine quarters. The quarterly revenue of the company rose by 8% to reach $3.86 billion. Nike is now in for stiff competition to grab a bigger share in the lucrative US shoe market after rival Adidas-Salomon announced plans to purchase Reebok International.

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CANADIAN ECONOMY

RESEARCH AND PUBLICATION IIPM, PRESS CENTRE

The rise of the services sector has transformed the structure of the Canadian economy. The economy is divided in two economic sectors, of which five comprise goods-producing industries and fifteen services-producing. While the goods-producing industries account for 33% of the economy, the services sector is much larger, generating around twothirds of gross domestic product.

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Source:IIPM Editorial-2006

ALEXANDER FEDEROV

RESEARCH AND PUBLICATION, IIPM-PRESS CENTRE

The 278 lb iron man standing tall at 6’1, Alexander Federov too began to create seismic waves as the strapping young man set-off his streak of victories with the Junior German open in 1999 and then the World Championships. But the Russian Arnold was to break off from bodybuilding and enter the world of white collar jobs as a sales representative in his quest for a surer source of income.

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Source: IIPM Editorial-2006

AGRI-BUSINESS SEGMENT

IIPM-ARTICLE

Then which are the industries that ITC should remain in? 'Cigarettes' is a no-brainer. But the only segment in foods that ITC should continue in, is the agri-business segment (supported by e-choupals) that has immense potential. ITC should necessarily move out of com­peting with well entrenched players in the packaged food segment.

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Source: IIPM Editorial:- 2006

FAMINES

Research and publication, IIPM-Knowledge Centre

Some believe – as Paul Robinson, writing in the New York Times Book Review, once put it – that there is a “Chomsky problem.” On the one hand, he is the author of profound, though forbiddingly technical contributions to linguistics. On the other, his political pronouncements are often “maddeningly simple-minded.” In fact, it is not difficult to spot connections between the intellectual strategies Chomsky has adopted in science and in politics. Chomsky’s approach to syntax stressed the economy of explanation that could be achieved if similarities in the structure of human languages were seen as stemming from biologically rooted, innate capacities of the human mind, above all the recursive ability to generate an infinite number of statements from a finite set of words and symbols.

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The Nobel Prize-winning economist Amartya Sen has emphasized that most famines are associated not with a shortage of food, but the failure to get food to the people who need it, largely because they lack purchasing power. America, the richest country in the world, clearly had the resources to evacuate New Orleans. Bush simply forgot the poor – the tens, perhaps hundreds of thousands, who simply did not have the resources to pay for their own evacuation...

Source: IIPM Editorial

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Copyright:IIPM-EDITORIAL,2006