When patriotism meant more than cheap publicity!

ON this Fourth of July, President Bush compared the Iraq war to the Revolutionary War and called for “more patience, more courage & more sacrifice.” Unfortunately, it seems that nobody asked the obvious question: “What sacrifices have you and your friends made, Mr. President?” In Bush’s world, only little people make sacrifices. The Iraq war, although Bush insists that it is part of a Global War on Terror, is not like America’s other great wars in which the wealthy shared the financial burden through higher taxes & elite too fought for their country.

This time Bush celebrated mission accomplished by cutting tax rates on dividends & capital gains, while handing out huge no-bid contracts to politically connected corporations. And in the four years since, as the insurgency claimed the lives of thousands of Americans and left thousands more grievously wounded, the children of the Republican elite have been conspicuously absent from the battlefield.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Shariah highway!

Some issues ago, B&E had presented the potential that Shariah compliant investment options and vehicles had for Indian investors. Now comes the creditable news of companies actually firming up their offerings based on such markets. For beginners, Shariah – the Islamic canonical law, based on teachings of the Quran – is a part of every Muslim’s cultural, social and behavioural identity, ergo its inclusion becomes imperative for any firm prospecting Islamic market. As a number of brokerages and fund houses mull schemes on Shariah lines, most positively, 11 Indian firms (out of a total of 71 companies short-listed) have been selected by the newly launched S&P Pan Asia Shariah Index. The list includes behemoths like TCS, Wipro, Infosys, Satyam, Bharti & others. A peek to the list reveals that IT companies, followed by telecom services and energy, account for 35%, 17%, and 15% respectively, of the entire index.

“S&Ps approach is to create meaningful, product-based indices that give Islamic investors exposure to the same headline markets that conventional investors have enjoyed for years,” commented Alka Banerjee, Vice President of Standard & Poor’s Index Services. The new index, which will be monitored on a daily basis to ensure compliance, will enable Islamic investors to benchmark their investments on a regional basis, and give product providers the opportunity to develop structured products tailored to Islamic markets. Where our banks failed, our firms seem to be succeeding...

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow

Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com

“There will be a lot of blood on the street with the ones with great content surviving and others falling flat on their faces”

Once the planned channels see the light of the day, a shake-out in the industry will be inevitable. From the current formats to the ruling entities, nothing will be left untouched. In the words of Timmy S. Khandari, Executive Director, PwC, “There will be a lot of blood on the street with the ones with great content surviving and others falling flat on their faces.”

Talking about the tie up with Viacom, Raghav Behl, Promoter and Founder of TV18 says, “Having established leadership in news broadcasting and consumer Internet business, the TV18 Group was poised to make an ambitious entry into the multi-platform entertainment space. Viacom-18 will also propel the TV18 Group into the league of a truly diversifyed and broad-based media conglomerate.” There it goes… the term – media conglomerate pops up once again.


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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Killing democracy!

Guantánomo Bay will continue to haunt Bush and sully the image of the US for years to come. Recently, the raison-d’être of the Military Commissions Act (MCA- passed by US Congress & signed by President Bush on October 17, 2006) was brought into question when the US Supreme Court reversed its decisions in Boumedine v. Bush and Al- Odah v. United States of America by granting the review of the petition filed in the aforementioned cases, challenging its provisions that deprive the prisoners of the US military at Guantánomo Bay of their right to seek recourse to the due process of law. The US Supreme Court will take up these matters under a single docket later this year on October 1st.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative