Did the army conduct an inquiry before handing over a serving officer to the police in the Malegaon case

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Disturbing signals

It is equally true that Purohit picked up the ropes – the contacts and the cloak and dagger – from his days in Military Intelligence (MI) in the Kashmir valley. Officers who have served in the valley in the MI for any length of time are accustomed to arrive at odd conclusions, such is the pressure of the job.

Even more distressing is the charge that the army let Purohit – a serving officer – too easily into the hands of civil police, without a preliminary internal inquiry of its own. “If it is true that the official was handed over without an internal inquiry, then it is very bad for the morale of the force, though frankly I doubt it,” Brig. Rajiv Williams (retd.), told B&E. The army, in virtually every case, makes its own inquiries before arriving at a definitive conclusion. The case against Purohit that he carried 60 kg or RDX may also be difficult to sustain because moving around with so much RDX seized from a terrorist hideout is virtually impossible – it could take several boxes to carry the dynamite. In the absence of any clear cut version of what happened, several questions remain unanswered. Even more preposterous is the charge that some politicians out to settle personal scores may have involved the army. For a country where the politician has been allowed to live in peace by the military, it could give out very disturbing signals.


Ranjit Bhushan

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


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Looking for character(s)

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The Indian animation industry desperately needs some brand recall

Mickey Mouse turned 80 last week amidst much fanfare and celebrations all over the world, including India. In fact, our forever ‘desperate for any news’ news channels used this opportunity to blanket their screens with images of Mickey Mouse’s adventures over the eight decades. However, even after discounting the current over-hyped nature of India’s news media, the fact is that the eponymous mouse has deep resonance for millions of Indians. And although the current generation has a multitude of choices, Mickey Mouse is still capable of eliciting a smile from any child’s (and many adults’) face. But the mouse’s longevity and relevance begs a question, why hasn’t Indian animation industry, with India’s rich cultural and mythological history to mime, been able to come up with somebody remotely approaching the stature of Mickey?

The Indian animation and gaming industry currently achieves a modest turnover of $400 million, but is expected to reach the $1 billion mark by 2010 (although this estimate is likely to be revised downwards as the global economic downturn intensifies). The strength of the industry, as with almost all industries in India, is the cost of labour (it’s been estimated that the cost of making an animation movie in India is 15 times cheaper than the west). With relatively cheap, English speaking, adequately trained professionals being the backbone of Indian animation industry, global animation studios are getting interested. Yash Raj Films’ three picture deal with The Walt Disney Studios, of which the first was Roadside Romeo, and UTV’s $20 million co-production with Overbrook Entertainment are steps in the right direction. Such deals will give access to the studios to state-of-the-art equipment, talent and quality of the US animation industry, which it badly needs.


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


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A daily wage promise is not enough to excite the rural youth...

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Keep the change; I’ll work for free!

Various projects under these schemes include watershed development, drought proofing, sanitation and road constructions et al. The fact that 86.7% of rural dwellers choose not to be a part of these temporary jobs puts a question mark on the very efficacy of the state sponsored employment generation rural projects. Incidentally States with huge uneducated and low per capita income population observed higher participation in public works, the highest being in Chattisgarh, Rajasthan, Bihar and Jharkhand. In contrast, Kerala, Punjab and Karnataka, with better record of education and higher per capita income saw lower participations. Truly, the policymakers have to realise that promising a temporary pittance in the name of a ‘daily wage’ no more excites an educated rural youth to work in those public projects. Reason enough for the Centre to create real, permanent job opportunities


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


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But the question is - what did India Inc. did to stop it…

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So what if they are even placed in global billionaires’ lists by magazines like Forbes & Fortune? So what if their companies are respected as ‘the best’ in the country? The fact is that when their market capitalisation erodes the way it has in the past few years, a Forbes or a Fortune will not come to the rescue of the ordinary investor who took them this far. Many of them wouldn’t even know what exactly hit them till date.

Every body likes to pass the buck. And hence the foreign institutional investors got quite conveniently blamed. But the question is - what did India Inc. did to stop it… why couldn’t they check the proceedings (outflow of money from the market) that blew off a mind-blowing 61.47% of the market value in less than a year’s time? US meltdown, recession in Europe, credit crunch… accepted. But why couldn’t these ‘guardians’ of public wealth see it coming?

For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


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MIT/Sloan graduate and [ex]investment banker Joshua Persky, currently world-famous for being unemployed (covered by the New York Times),

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The poorest banker on the richest

My fate was to become world-famous for being unemployed, very different from Mr. Buffett’s fate, almost the opposite. I was born and raised in NYC, attended the prestigious Dalton High School (whose motto is “Go forth unafraid”), and graduated from MIT in 1981 with a B.S. in Management Science from the Sloan School of Management. I had many great professors at MIT, including several Nobel Prize winners, but unfortunately no Graham and Dodd. My professors lost billions of dollars to their investors, and nearly brought the entire financial system to collapse when their hedge fund, Long Term Capital Management failed. I only read Graham and Dodd’s books on value investing much later.

Over the years, I have worked on Wall St. as an assistant options trader, for a satellite communications company in business development, for a commercial bank in asset management (I ran a multi-billion dollar Syndicated Loans Agency for financing wind farms and ships), and for an investment bank producing valuations of illiquid hedge fund investments. At the end of last year, I lost my job. Bad timing. Because of the sub-prime mortgage mess (housing and credit crisis, stock market and economic downturn), the large commercial and investment banks have suffered billions of dollars in losses and laid off tens of thousands of employees. I have not been able to find employment in my field (or in other fields) in over six months. After months of making telephone calls, sending resumes (CVs) over the internet, and networking among family, friends and colleagues, I took to the streets to hand out my resume. I went to 50th St. and Park Avenue put on a poster board saying, “Experienced MIT grad for hire,” and included my contact information. I did not realize that within a week, I would be world-famous.


For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


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IIPM set to beat economic slowdown
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Opening a Pandora's Box

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Alva's statement and resignation may start series of apprehensions

Bowing down to pressures, Congress General Secretary, Margaret Alva finally resigned from her post on November 11, 2008 – five days after she made derogatory remarks about the distribution of party seats during Karnataka Assembly elections. She claimed that the distribution was done on the basis of price one could attach with the seats. She said that the party was selling seats. "People who make guidelines are the ones who are breaking it," she said. The party was quick to react and her name was referred to the Disciplinary Action Committee.

The whole issue started when Alva showed her unhappiness over denial of an election ticket to her son, Nivedith during the recent Karnataka elections. She made the allegations after it became evident that as many as 23 candidates were relatives of senior Congress leaders. The party high command is tight-lipped over the issue, but this kind of events show that there is a gap rising in the party.

For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


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B-schooled in India, Placed Abroad (Print Version)
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Obama’s intellect surpasses Bush’s easily, which could be a reason to be worried

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Just what we didn’t want; an intellectual Prez!

At least since Adlai Stevenson’s campaigns for presidency in the 1950s, it’s been a disadvantage in US politics to seem too learned. Social critic William Burroughs once bluntly declared that “intellectuals are deviants in US” (After one of Adlai’s high-brow speeches, an admirer yelled out, “You’ll have the vote of every thinking American!” Stevenson is said to have shouted back: That’s not enough. I need a majority!)

Yet times may be changing. How else do we explain the election of an Ivy League-educated law professor who has favourite philosophers and poets? Granted, Obama may have been protected from accusations of excessive intelligence by his race. That distracted everyone, and as a black man, he didn’t fit the stereotype of a pointy-head ivory tower elitist.

An intellectual is a person interested in ideas and comfortable with complexity. Intellectuals read classics, even when no one is looking, because they appreciate lessons of Sophocles and Shakespeare that the world abounds in uncertainties and contradictions, and – President Bush, lend me your ears – that leaders self-destruct when they become too rigid and too intoxicated with the fumes of moral clarity.

For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

ZEE BUSINESS BEST B SCHOOL SURVEY

For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...