Let go the SSI

IIPM-PUBLICATION

An exhaustive endeavour is required to extenuate SSI exemptions

From the era of ‘Nayak committee’ (1991-92) to ‘Comprehensive Policy Package’ (2000), the list of exemptions and privileges to Small Scale Industry (SSI) units have been swelling. The Union budget for the current fiscal year had a provision of Rs. 1.73bn, earmarked for further development of SSIs.

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Source-IIPM,2006

ALLIANCE UNICHEM

IIPM-ARTICLE AND PUBLICATION

After the planned merger, Alliance UniChem stores will be rebranded as Boots stores.For Boots, which has a history of being a stand-alone company for over 156 years, the merger comes as a surprise, even as the iconic chemist chain tries to battle a 1.6% fall in this year’s second quarter sales.
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Source IIPM-Editorial,2006

LAS VEGAS BILLIONAIRE

IIPM-PRESS CENTRE

The move has been prompted by reports of Kirk Kerkorian, the Las Vegas billionaire investor, who already owns a 9.53% stake in General Motors, vying to buy a stake in the auto maker. Volkswagen has not been finding the ride easy lately, with its US businesses incurring losses; it plans to axe 10,000 jobs in its home base.

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Source: IIPM-Editorial,2006

Canoeing to Hawaii

RESEARCH AND PUBLICATION, IIPM

Setting sail to Kailua-Kona bay, for the largest canoe raceScores of single hull fiberglass canoes splashed with a slew of colours line the palm-tree-dotted landscape of the Kailua- Kona bay. Crossing many an ocean, competitors from world over converge to compete over the Hawaiian waters on the strenuous 18 mile long course between Kailua and Honaunau. The official team sport of Hawaii, thousands throng to the Big Island for the largest long distance outrigger canoe race.

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Source IIPM Editorial-2006

JAPANESE DEMOCRATIC PROCESS

It is the Japanese democratic process that is certain to change forever for the first time in post-war years, with in-fighting, horse-trading, and power politicking expected to be seen at levels like never before. Unless of course the ruling party LDP can discover a way of dealing with changes in the international scenario, as it did when its main ally US reopened diplomatic relations with China during the Nixon years...

Source: IIPM Editorial

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Copyright:IIPM,2006