Wednesday, December 27, 2006

Electronic voting machines continue to deceive in the ‘highly effi cient’ US democracy

Fortunately, it wasn’t a close election. But the fact that our electoral system worked well enough to register an overwhelming Democratic landslide doesn’t mean that things are OK. There were many problems with voting in this election – and in at least one congressional race, the evidence strongly suggests that paperless voting machines failed to count thousands of votes, and that the disappearance of these votes delivered the race to the wrong candidate.

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

Monday, December 18, 2006

‘Express’ ambition

He had a political legacy thanks to his father Sat Paul Mittal, who was a Congress MP. But Sunil Bharti Mittal had other plans. A path-breaking first generation pioneer, Sunil set out on his own at the age of 18 with a capital of Rs.20,000. He has since come a long way, from a small cycle parts manufacturer in Ludhiana to the man behind India’s largest telecom company (in market share) – Bharti Airtel.

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Source:- IIPM Editorial

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Thursday, December 14, 2006

The struggle for India’s independence from British Raj ended in 1947

Jamshetji Nasserwanji Tata (1839-1904) had comprehended much earlier that India’s future was bleak without industrialisation. He once stated, “Freedom without the strength to support it and, if need be, defend it, would be a cruel delusion.” Starting out on his own at the age of 29, Jamshetji went as a cotton trader to England, where he personally visited the textile mills of that era. He decided to set up a mill in India and make the product globally competitive. The result was the Empress Mills in 1874, which employed the best technology and modern labour laws (as he was appalled by treatment of workers in England).

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Source:- IIPM Editorial

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Tuesday, December 12, 2006

What they all sell is an ‘image’, a ‘lifestyle’

After all, Coca-Cola does not sell sugared water, Nike does not sell shoes and Starbucks does not sell coffee alone. What they all sell is an ‘image’, a ‘lifestyle’. Hutch does not sell ‘good connectivity’: It sells emotions. Emotions are the key word here. Our generation responds to emotions and a large part of the voters respond almost exclusively to the emotional appeal of the candidate. No wonder, when Rajiv Gandhi, a total novice, wept on his mother’s pyre, the whole nation wept and voted for him. He was the last superstar of Indian politics. He had the right image and evoked the right emotions.

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Source:- IIPM Editorial

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Friday, December 08, 2006

Essar is one of the most talked about conglomerates of India

The steel business of Essar is the biggest in the Western India region and operates under Prashant Ruia. Some big business houses like Caterpillar, Hyundai, the Konkan Railway Swaraj Mazda and Maruti Suzuki have approved of its steel quality and find place in its client list. Essar Steel is into the manufacturing of API grade steel catering to varied segments like white goods, ship building, automobiles, roofing and white goods. It exports almost one-third of its production to the US, Europe, South East and Asia and Middle East markets. Its current production of steel is 3 million per annum, which is being enhanced to 4.6 million per annum. In September 2006, it has acquired Hy-Grade Pellets and Steel Corporation of Gujarat and invested around Rs.20 billion for expanding and modernizing the business.

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Source:- IIPM Editorial

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