TIME TO MEL'LOW?

In this Year of Living Dangerously, Mel Gibson has managed to get himself embroiled in another anti- Semitic controversy. When caught driving under the influence of alcohol in late July, he let out a barrage of anti-Jew insults. Being the Good Samaritan that he is, he did apologise profusely for being inebriated & saying things, which he later stated are “despicable.” Really Mel! If only apologising were the straightforward solution to "despicable" statements... Sigh!

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

25 Billion Tons of Carbon Monoxide...

Otherwise we would anyway choke to death, once 5 billion people in the industrializing countries will begin to use the same amount of fossil fuels as the roughly 700 million people in America and Europe do nowadays, leading to a destructive path of irreversible pollution. Mankind pollutes the air with close to 25 billion tons of carbon monoxide per year. Global warming, ozone holes and the cost to our health and the nature from pollution add up to a nasty bill we pay for the joy of cheap personal mobility. Governments face a double-edged sword. Easing the pain by reducing gasoline taxes – amounting to between 14% and 30% of the pump price in India – could have a devastating effect on the country’s budget. While such a move may prove popular in the short term, the government would have to make up for the shortfall by raising taxes elsewhere.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

IIPM-News:- India Inc.

Net sales figures of the companies considered have also moved to Rs.4.54 trillion from Rs.3.56 trillion for the corresponding period in previous year; up by almost 28%. According to K. K. Mittal, Vice President and Head, Escorts Asset Management Limited, “Indian companies are on a roll at the moment... Results for this quarter are very good and the trend is expected to continue in future.” The best part is that India Inc. has achieved this growth despite the fact that oil prices remained at their all time high and the raw material prices hiked to record levels in the last quarter. Cement companies have been smiling all the way to the bank during this quarter

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

IIPM-Press:- Come on Paris! It's just a ferret... this time!

Quite an animal lover (no pun intended) this Paris Hilton of ours is. Now that she's done tinkering with Tinkerbell, our virtuous-fora- year lady has been labouring for love of a fine young ferret. Who fell out with, or of what, is yet unclear, but she was allegedly spotted rescuing (really?) her pet ferret from the garbage bin. Wonder what Paris' ferret's choices were – garbage love or beloved garbage?!!

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Source:- IIPM-Business and Economy,

Editor:- Prof. Arindam Chaudhuri - 2006

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Every dog has his day, but bet you wish you could have lived one like this!

The Grande Dame of Boston, the almost century old Fairmont Copley Plaza Hotel at Boston, spent millions of bucks on its renovation. And guess what its most admired upgrade was. No, it was not any Italian antique or a Da Vinci painting, but a 68 pound black Labrador, named Catie Copley, who welcomes all his guests with a warm wag and sniff . And if you want to contact the now most famous hotel pet in the world, simply pick one of his own business cards… or just drop in an e-mail to him, if doing the previous bit gives you an inferiority complex!

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

IIPM-4Ps:- REBELLIOUS, ERRONEOUS & STILL QUITE JUVENILE

For Hardware And Software Failures, It's The Industry That Is To Be Blamed, Not Users

Computers shouldn’t be unusable. You don’t need to know how to work a telephone switch to make a phone call, or how to use the Hoover Dam to take a shower, or how to work a nuclear-power plant to turn on the lights.

Scott McNealy, Chairman of the Board of Directors, Sun Microsystems

Civilization advances by extending the number of important operations which we can perform without thinking of them.
Alfred North Whitehead, Mathematician and Philosopher

An obvious, but I think, often overlooked fact is that every industry has a level of maturity. Young industries are less mature than old industries. Because their habits and processes have not yet been firmly fixed in industrial “consciousness”, innovations in young industries happen more frequently than innovations in established industries.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Greek & 'Latino'

With such glaring discrepancies in the economic structure of the country and with everlasting American quest for dominance in Central and South America, the country stands in great danger of steadily slipping into the gory past of internecine war. And ironically, the solution is not in the realm of Greek & ‘Latino’, and is quite simple! No strategy without inclusive structural reforms and distributive justice can ever succeed in Guatemala, and for that to happen, redistribution of land and other productive assets among the ‘have-nots’ is sine-qua-non.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

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