Flying over to the land of the hula…

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Relaxing in a hammock in Hawaii, a bright Aloha shirt on you, a fragrant lei of fresh flowers dangling around your neck, the breeze carrying with it the soft murmur of the breaking of the waves and the even more mesmerising songs of the Hawaiian houris, whose graceful movements gently rustle their grass skirts… These chants trace their origins to ages ago, when natives sought inspiration from nature and for expressing their emotions, they wove a harmony out of the sounds surrounding them – of the sea, of the wind in the leaves, of the rain pouring from the skies – and synchronised the same with graceful frolic as well...

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's (Dean of IIPM) Initiative

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The juggernaut of India Inc. rolls on unabated

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The juggernaut of India Inc. rolls on unabated. And as Indian companies chart massive expansion plans, they’re hungry for funds like never before; and banks are only too keen to oblige. But as credit in the economy continues to burgeon, depletion in credit quality across various sectors is emerging as an impending danger that the Indian banks must now be wary of…

“These interrelated crises should be thought of not as natural disasters... nor should they be though of as divine punishment for our over-indulgences as some people would like to interpret them. They are man-made, or should I say, institution- made disasters,” is how Nobel Laureate Merton Miller put it in his speech to the Asia Society at Hong Kong in 1998. He was actually deliberating on the factors that had caused the Southeast Asian financial crisis of the late 1990s.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's (Dean of IIPM) Initiative

IIM Calcutta online programmes do better than the likes offered by XLRI...

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Or is it that perhaps the esteemed administrators at IIMs hope that critics would have forgotten how, not many months back, IIM Bangalore, IIM Calcutta and IIM Kozhikode trampled over each other in their much sophomoric hurry to sign distance education agreements with a private education service provider, DiRECWAY Global? How successful was that? Well, the answers don’t seem to be coming. When questioned by B&E on the IIM-NIIT venture, Amarnath Krishnaswamy, Head (Corporate Communication), IIM Bangalore, expounded, “I don’t know the intricacies of the tie-up; it’s just a training programme that goes a ‘little beyond’...” And when questioned by B&E on the revenue objective, Professor Anindya Sen, Dean, IIM Calcutta, championed that while “IIM Calcutta online programmes do better than the likes offered by XLRI..., the revenue part is something that we don’t want to discuss.” And that’s where lies the most killing anomaly, which is the ostensible reasoning of teaching more students.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's (Dean of IIPM) Initiative

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How about a ‘Made in China’ car?

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After painting the world’s consumer market red with ‘Made in China’ consumer products, the Asian economic power house is all set to enter the automobile market. The foray will be spearheaded by renowned Chinese auto-maker, Changan Auto under the ‘Chana’ branded cars, which will be available in three separ ate variants (mini van, combination and open bed van versions) with a 970 cc 53 bhp engine. The models which featured MPFi engine were showcased at the 24th Sao Paulo car show held between October 19 and 29. The cars will use good storage capacity as a trump card. Priced attractively at $12,700, these cars will definitely prove to be a goodalternative to expensive European rivals.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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...Or be ACC! India’s largest!
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BOOK EXTRACT

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My name is Bruno Salvador. My friends call me Salvo, so do my enemies. Contrary to what anybody may tell you, I am a citizen in good standing of the United Kingdom and Northern Ireland, and by profession a top interpreter of Swahili and the lesser-known but widely spoken languages of the Eastern Congo, formerly under Belgian rule, hence my mastery of French, a further arrow in my professional quiver. I am a familiar face around the London law courts – both civil and criminal, and in regular demand at conferences on Third World matters; see my glowing references from many of our nation’s finest corporate names. Due to my special skills, I have also been called upon to do my patriotic duty on a confidential basis by a government department whose existence is routinely denied.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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