Women-friendly nikahnama unveiled

However, not all Muslim clerics are happy; some have already slammed it

The controversial new nikahnama (marital agreement) unveiled by All-India Muslim Women’s Personal Law Board (AIMWPLB) had some All-India Muslim Personal Law Board (AIMPLB) members rubbishing it as “redundant”.

“It’s utterly useless, irrelevant. We have one already from the AIMPLB and there is no room for another,” said AIMPLB member Maulana Khalid Rasheed Firangimahali. A woman member, Moonisa Bushra, also saw no reason for the drafting of the new nikahnama. However, Khalid and Bushra have few takers. “This is just male chauvinism,” said Fazul Haque, a senior journalist & expert on women’s issues. This is the third nikahnama that has promised to give women some power. The AIMPLB and the All-India Shia Muslim Personal Law Board had released their own “model nikahnamas” in 2005....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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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

Brand: Lenovo

Headline: The feeling is timeless The technology is timely

Baseline : The Fiat of the new generation
Agency : O&M
4Ps Take : With PC companies slugging it out for a piece of the pie, Lenovo has decided to cash in on that great Indian obsession: Shopping. The power idea is to promote the Lenovo 3000 series through a chance to shop, you get gift vouchers upto Rs.50,000 on every PC you buy, which you can redeem for just about anything! The clinching benefits derived from this ad, therefore, are not just a great DVD experience (you can watch movies) or great school grades (surf the net and get wiser!), but also lotsa shopping! The ongoing offer period has been Branded as the ‘Lenovo Shopping Festival.’ The body copy also briefs you about other ‘benefits’: integrated camera, face recognition, anti-bacterial keyboard etc. The visual is catchy with the sibling-duo Saif Ali Khan and Soha Ali Khan holding gifts inviting you to avail this offer. Hard to resist, we’d say!

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Source : IIPM Editorial, 2006

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

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Multilateralism is not the panacea to promote global trade

The end-June deadline is prompted by the fear of US Trade Promotion Authority Act, expiring on July 1, 2007. The revolutionary Act allows US President to enter trade negotiations. This is however questionable as Congress finds its role limited in the process – it needs to either reject or approve such treaties within 90 days of signature, without the possibility of amending them. “The fears get accentuated by the realisation that the US is just not in a hurry to revive the sagging WTO – refusing to cut the agricultural subsidies offered to its farm lobby,” says Dr. Paroma Palit of PHDCCI, talking to B&E. And till the time US takes the initiative, other major players like EU, India & Brazil too refuse to relent on issues of reducing industrial tariff s; export subsidies & opening up the service sector.

Despite EU showing great zealousness to rejuvenate the negotiations before mid-April, the prospects don’t look bright. But what if the talks fail to revive; will the world be a loser? Certainly not. Irrespective of WTO dictates, the trade will continue to flourish because it doesn’t need crutches to trot the globe.

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Source : IIPM Editorial, 2006

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative