US companies operating abr

But there’s a problem: US companies operating abroad don’t, in fact, seem to earn especially high rates of return. Why then doesn’t the United States seem to be paying a price for all its borrowing? Because, according to the official data, foreign companies operating in the United States are remarkably unprofitable, earning an average return of only 2.2 percent a year. There’s something wrong with this picture. As Daniel Gros of the Center for European Policy Studies puts it, it’s hard to believe that foreigners would continue investing in the United States “if they were really being constantly taken to the cleaners.”

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Source:- IIPM Editorial, 2006

West Bengal moving Left or Right?

May can be a cruel month for grandiose dreams and ambitions of political parties. It can also be a cruel wake up call for the sundry exit and opinion poll pundits who do crystal gazing in the name of psephology. If you go by the latest media reports and the exit polls tracking the Assembly Elections in West Bengal, there could be a sense of déjà vu for all those who were bombarded by the myth of India Shining and NDA winning during the 2004 General Elections. In West Bengal this time, the media and the pundits are predicting an even bigger victory for the Left Front led by CPI (M) than during the 2001 Assembly elections.

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Source:- IIPM Editorial, 2006

TATA AIG Billed as ‘Most Reliable’

TATA AIG and Bajaj Allianz are pulled by the engine of powerful brand names that the masses trust. The TATA brand is also putting all efforts forward to make a distinction between itself and other brands in the market and by providing bonus and additional facilities, such as giving consent to the highest grace period time for imbursement of premium, and therefore offering their customers a healthy advantage for adding on to their existing customer base as customers. ICICI on the other hand offers prompt service and does not delay openhandedness where payment receipts are concerned. Moreover it also despatches quick reminders.

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Source:- IIPM Editorial, 2006