The pied piper cardiologist: Naresh Trehan

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Escorts Heart Institute and Research Centre in Delhi, from being a Mecca for heart patients has now turned into a war zone between leading cardiologist Dr. Naresh Trehan and Shivinder Mohan Singh, Managing Director, Fortis Healthcare. Dr. Trehan, who had a 10% stake holding in Escorts was sacked by Shivinder Mohan Singh as the Executive Director of Escorts for conflict of interest over Trehan’s stake in Medicity. However, everything Has now been put to rest with Trehan resigning From Fortis to join Apollo.

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Source : IIPM Editorial, 2007

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

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Topic: India – China: A Growth Comparison
Who says US is on the brink of a recession?...
Thanda karta sabko ek
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No Ark this time!

IIPM RANKED AHEAD OF FIVE OF THE IIMS

After the five mammoth extinctions in the earth’s history, the Ordovician Extinction (440 million years ago), the Devonian Extinction (about 375 million years ago), the Permian-Triassic Extinction or the Great Dying (250 million years ago), the fourth mass extinction (205 million years ago) and the fifth mass extinction (65 million years ago) we perhaps are now parking ourselves at the edge of another mass extinction… all thanks to global warming! Almost 30% of all species of plants and animals would be extinct by 2050 as the repercussions are being estimated! A living breathing example of climate change related extinctions is taking place in the Costa Rican jungles where as many as seventeen species of amphibians have disappeared, even as the numbers of monkeys and certain reptile species is on a downward slide. Climate change, it is being believed has led these creatures to fall prey to a kind of fungus of the skin that has wiped out the exquisite Golden Toad and at least two varieties of Harlequin Frog, amongst others only found in Costa Rica, almost confirming their extinction. This phenomenon of mass extinctions also threatens species in West Asia and other vulnerable corners of the globe.

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Source : IIPM Editorial, 2007

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

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IIPM going global
On "IIPM - Arindam Chaudhuri - Planman"
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Warming up for doomsday?
If you have it, flaunt it
A beach resort… Come for a month, at least
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Topic: India – China: A Growth Comparison
Who says US is on the brink of a recession?...
Thanda karta sabko ek
IIPM Infrastructure : Campus

... the author does, and so does every possible statistics related to the United States.

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Lakshmi has been very good to shareholders in the last weeks. Defying any gravity, the US stocks – and behind them most other markets – hit new all time highs, late May. But the Dow Jones, currently flirting with the 13,500 mark – not to speak of the Sensex’ record run above 14,000 – faces a lot of hurdles on the way farther north.

US economic indicators keep painting a bleak picture. The annual economic growth rate has now slowed down to a dismal 2.8% after expanding 4.4% a year earlier. A look at the key factors for the US economy shows no relief – with 70% of American GDP coming from consumers and falling incomes in 3 of the last 4 months, add to the worries of a housing market that is about to tip to the downside, exposing homeowners to the new horror word of 2007: negative equity or “my house is less worth than my mortgage.” All recent housing numbers have fallen back to recession levels, last seen years ago.

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Source : IIPM Editorial, 2007

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

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Let’s go twenty tiresome years back – in the wake of the 1970s ‘oil-shock’, Texasbased oil-giant Exxon (now Exxon Mobil) had invested a mountain-load of free cash totalling $500 million for development of ‘alternative fuel’ technology. The only returns they received were in the form of unbelievably high costs and poor forecasted returns. The mission was abandoned within a couple of years of its initiation and the whole world sniggered, pointing their fingers at Exxon’s fanaticism (or so they thought) to harness solar energy and develop it as a viable alternative to fossil-fuels. Cut to the present – the very same ‘resounding laughter’ has turned into a ‘global war-cry’ – a war by, for and of the oil world, against the devil called ‘pollution’!

And the critics today are for sure cursing themselves hoarse for having jeered at all oil and auto majors who ever dared to imagine that alternative fuels must be sought after. Now here we are – neck to neck and running the race for survival against time... winning would mean victory and ‘life’, while losing out... extinction!

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Source : IIPM Editorial, 2007

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