Saturday, October 31, 2009

Indian democracy hasn’t succeeded’

The chameleon-like Kamal Hassan, 55, is a megastar who has been weaving magic on the silver screen for close to half a century with the sheer range and depth of his performances. He’s been there and done it times without number, but the multi-talented actor manages to keep his enthusiasm for the medium alive. He still goes where few dare to – and all in a day’s work. Being a maverick comes easy to Kamal Hassan.

His box-office draw is second to none, but he remains a thinking man’s thespian. In an industry where mass entertainment is the principal credo and an actor is as good as his last hit, he has raised the bar above the mundane and the middling, constantly daring to push into directions and zones where the medium receives an abiding fillip.

A one-man creative powerhouse, Kamal Hassan has over the years worn multiple hats: actor, writer, producer, director, choreographer, lyricist. No matter what role he has assumed behind the camera or before it, he has always had a way of stamping his authority on it.

From the film that made him a superstar – K. Balachander’s Apoorva Raagangal (1975), in which he played a young man who falls in love with an older woman – to his latest release, Unnaipol Oruvan, a remake of A Wednesday that sees him match wits with Malayalam superstar Mohanlal, Kamal’s career has been a constant voyage. His innate ability to keep stagnation at bay has helped him evade the image trap that many superstars falls into.

Kamal began his career as a child star in A. Bhimsingh’s Kalathur Kannamma (1960). He was only six years old. It was as if he was born for the movies. And with each step he has taken since then, he has strengthened that aura.

The 1970s saw him achieve a string of successes in socially-inflected films directed by mentor K. Balachander (Avargal, Moondru Mudichu, Manmadha Leelai, 16 Vayathinile), who often cast him alongside Rajnikanth and Sridevi. As the choreographer-turned-actor continued his ascent through the next decade, his star turns in Balu Mahendra’s Moondram Pirai (1982) and Mani Ratnam’s Nayagan (1987), in which he donned the garb of a real-life mafia don in Bombay, elevated Kamal to the ranks of Indian cinema's finest onscreen performers.

In Apoorva Sohadragal, which had him in a double role, he played a dwarf. In Michael Madhana Kamarajan, he played quadruplets. In films like Thevar Magan and Anbe Sivam, he continued to relentlessly push the boundaries of his craft. He even slipped into the guise of a woman in Avvai Shanmughi. Last year, he was seen in ten onscreen roles in Dasavatharam. Nothing seems to be beyond this man.

As a director, too, Kamal Hassan has chosen to plough a lonely furrow, making his debut in 2000 with Hey Ram, a provocative fictionalised account of the events that led to India’s Partition and the subsequent assassination of Mahatma Gandhi. He then wielded the megaphone with success yet again in Virumandi, a film that revolved around the theme of capital punishment.

Kamal is approaching his 50th year in the business. Is he jaded? Not by a long chalk. His fans can expect a fresh start from the man who never repeats himself.

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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Friday, October 30, 2009

Excellent ties with the terrorist

The documents comprise a memo from Posada, sent sometime in July 1966, using the code name “Pete” to Grover Lythcott – a CIA official whom Posada directly reported – appealing consent to join the synchronizing junta for four violent exile factions, including an organisation called RECE that was operated by Mas Canosa. “I will give the Company all the intelligence that I can collect,” Posada had pleaded and promised. “I will gain a more solid position between the exiles and, because of that, I will be in a better position in the future to perform a good job for the Company,” he had convincingly added. Other documents reveal that Posada had been briefing CIA on the actions of Mas Canosa on the regular basis since mid 60s. For example, in July 1965, Posada informed CIA that he had finished the circuit for two ten-pound Limpet bombs that were to be used exclusively against USSR and Cuban ships that were temporarily stationed in the Mexican port of Veracruz. The bombs constituted of some eight pounds of Pentolite explosives each and a pencil detonator. The operation was planned by Mas Canosa.

In another document, this also a memo, Grover Lythcott went all out to shower praises on Posada by calling him as “not a typical ‘boom and bang’ type of individual” who was “acutely aware of the international implications of ill planned or over enthusiastic activities against Cuba.” It also included a reference to the CIA personnel record that suggested, among other things, that Posada will turn out to be “excellent for use in responsible civil position in PBRUMEN”– a code name for Cuba – “should the present government fall.” And if that was not enough, other documents also reveal that CIA had paid Posada on regular basis for his service. When CIA no more required his services, he was asked to work on honorary basis and was offered a lump sum payment for his services.

“The papers illustrate Posada has a long record of trying to curry favour himself with the CIA,” says Peter Kornbluh, an expert with the Archive who deals with operations targeted towards Cuba in general and Fidel Castro in particular. “Posada possibly was trying to buy himself a level of shield as he affianced in a vocation of terrorism.”

Both CIA and FBI minutes recognise Posada as an architect of the bombing of Cubana flight that killed all 73 passengers and crew on October 6, 1976. Furthermore, Posada has overtly confessed ties to a sequence of hotel bombings in Cuba in 1997.

Ironically, he is presently living without restraint in Miami awaiting trial in a Texan court for, surprise! surprise!, how he managed to enter American territory illegally. CIA still holds lots of information on Posada and other aggressive Cuban exile groups that it solicited during the Cold War. Further revelations can raise curtain on that mystery too.
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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Tuesday, October 27, 2009

Go for the kill...

...but, be sure that you don't fall prey. market conditions today are far too lucrative for retail investors. this makes it easier for them to make blunders, observes deepak ranjan patra

October 27, 2008, the Bombay Stock Exchange benchmark index – Sensex was at a multi-year low of 8,509. On that day when Delhi-based Sahadev – who has been a keen follower of the market and an avid investor – was asked about his investment plans, he answered, “Are you crazy? The market is going through a real bad phase and if you don’t want to burn your money, just sit quiet. Wait till the bulls return to the market.” Today, the market is again on an upswing and the Sensex has climbed over 3,000 points in less than 50 trading sessions between July 14 and September 18 to come close to 17,000 from 13,800. This rally has given Sahadev enough confidence to return to the market. And he is not alone. Millions of retail investors who kept themselves away from the market after losing billions in the market mayhem of 2008 are now returning with renewed expectations. Probably, they all think the way Sahadev thinks. But the question remains, is it actually the right time to invest? Well, as some market man had once said, there is no right or wrong time to enter the market. It’s all about how and where you park your money!

Traditionally, it has been a fact that steep fall in indices and volatility at the market place has seen a sharp fall in Indian households’ investment in shares, debentures and mutual funds (all scheme categories) as percentage of total financial savings. On the other hand, whenever the stock market is at a boom, they were happy to put more money, allocating a larger part of their savings. And the case this time is no different. Perhaps that is why Indian households invested only 2.6% of their savings during the financial year 2008-09 as compared to 12.4% for the financial year ended on March 31, 2008. Moreover, investors, who pumped in Rs.56,799 crore in mutual funds in FY08, pulled out Rs.10,478 crore from these in FY09, exactly opposite to the golden rule that suggests buy low, sell high (on an average market was high in FY08 as compared to FY09). And the result, well, we all know it, losses, losses and more losses.

But then it’s not the investors who are to be blamed. Average retail investors hardly have the deep knowledge to decipher the complex web of financial markets. So, most of them are guided by just the price movements. A price movement in an uptrend or a downtrend is their only signal to buy or sell. They believe, the stocks that have gone up recently (especially those with a lot of media hype and recommendations by market commentators) are the best possible opportunities available. But what they miss is, if the share is making a lot of noise that actually means that it’s already on a high. It’s possible that the stock may still surge further, but in most cases when an investor buys such a hyped up stock it only means that he is entering at a higher level. This could either result into lesser profit or just losses. Ashok Jainani, Vice President – Research & Market Strategy, Khandwala Securities avers, “Average investors are ‘tipped’, or rather we say trapped, into buying or selling when the entire trending move is about to end. Thus, they end up buying high and selling low in the continuous process of wealth concentration.” He further adds, “It is easy to follow the ‘anchors’ (of various market related talk shows where analysts suggest their stock picks) and see your hard-earned savings disappear. To make money in the stock market, you need to be a lot more serious than merely following a guy standing next to you on the roulette table.”
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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Monday, October 26, 2009

Magicians - The water of India

“Ours is a family of magicians . . . and performing magic is our birthright. Even the cat in our house is a magician", says P. C. Sorcar Junior, a man who has pretty much personified Indian magic industry. India has given the world many magicians like Jadusamrat P.C. Sorcar Senior, Dhanpat Rai Gogia, better known as Gogia Pasha, Sorcar Junior, Gopinath Muthucad and many more. The line which separates the Indian magic or Hindustan ka jadoo from the western world is that Indian Magic and Indian magicians have for a long time played a crucial role in the spread of Indian culture, heritage and traditions. They have acted as cultural ambassadors of India to wherever in the world they have performed. Some of the unique magical mysteries that India entertained and mystified the world with are the Buzz Saw Illusion, The water of India, The floating Sadhu and the street levitation, the growing Mango tree, the Hindu Basket and not to forget, the famous Indian rope trick. It remains a mystery till date and and ranks high among "the world’s greatest illusions".
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Source :
IIPM Editorial, 2009

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

Read these article :-
Delhi/ NCR B- Schools get better
IIPM fights meltdown
IIPM

Tuesday, October 20, 2009

IIPM News - Lata mangeshkar - A Voice that moves India

She is the undiputed nightingale of the nation. For over six and a half decades, Lata Mangeshkar has occupied the pinnacle of musical glory, holding a nation of a billion people in thrall even though she has been in semi-retirement for some years now. On September 28, she turned 80, but the honey in her voice is still magically intact. Every female singer, including her gifted sister, Asha Bhosle, has been assessed against the benchmark set by Lata. But there has not been no one quite like her.

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Source :
IIPM Editorial, 2009

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

Monday, October 19, 2009

Benaras - Favourite haunt of nirvana seekers

city which is the oldest living in human memory, which finds mention in the Rig Veda and where death is believed to bring mukti, Varanasi with its much photographed 84 ghats forms one of the most fascinating backdrops to the mosaic of the physical and the metaphysical, the earthly and the spiritual. In its serpentine galis, with names as evocative as Khoya and Kachauri, exist hundreds of temples and hotels where the devout come to wait for death. It also houses the Bharat Mata temple, the only one dedicated to the motherland. Shenhai maestro Ustad Bismillah Khan, one of the city’s best loved sons, had after the 2006 serial blasts that rocked the city famously remarked, “In Kashi every Hindu is a Muslim and every Muslim a Hindu.” Besides its spirituality, Varanasi’s other famous exports are its silk and hand woven carpets. The city also has the Benares Hindu University with a student strength of 20,000.

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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Wednesday, October 14, 2009

Weird rituals - The Tantric Take

The universe is a divine play of energy emanating from Shakti, the mother, and Shiva, the destroyer. On Guwahati’s Nilachal Hill on which stands the temple of Ma Kamakhya, one of the most revered of the 51 Hindu peeths, Shakti is worshipped in her every manifestation: apart from Ma Kamakhya, there is Kali, Tara, Chinnamasta, Bogola, Dhumabati, Bhairavi, Matangi, Kamala, Xuroxi and Tripura Sundari. Here, there is the said, and the unsaid. The Yogini Tantra (c 1350) and the Kalika Purana (c 10th century), both of which were written in Kamrup, the Assam of the yesteryears, provide specifications of how far each temple should be from each other. It is part of tantrik calculation. Here, every puja is tantrik though no “dikshit” tantrik talks of the details of this puja. Kamakhya was the epicentre of Hindu tantric school of thought and practice. It retains its pre-eminent position.
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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Tuesday, October 13, 2009

Yoga - Of Yoga and Yugas...

The Vedic culture was conceived thousands of years back by the vedic masters who had a direct connection with the creator. This gyan was documented by Rishi Vyas at the beginning of kalyug, approximately 5000 years back. A recent Oxford University study asserts that the ancestors of the British people were cannibals, as if calling them apes was not enough insult! Respect for creation and everything within it and beyond it, is characteristic of Indian culture. Our Vedic ancestors were descendents of Herculean beings who not only gave the world the knowledge of the material world but also the etheric world. Any serious practitioner of the subject of spiritual sciences would clearly see the devolution of mankind, which was anticipated by the Vedic Rishis hence they gave to the world tools as per the anticipated capacity of the beings who would inhabit this planet at different points of time – poetry, art, romance, economics, medicine, physics, chemistry, dance, music..........peace; you name it and they gave it.

Creation began from stillness, in the opening yug, In Satyug, the beings were highly evolved and had complete mastery over nature so Yoga existed as Shrotras (oral knowledge which was transmitted through the medium of dhwani). They were well aware that creation’s outermost manifested periphery was dhwani and it was this energy which will take them back to their source or will get them to yoga. Hence, the Vedas became the yoga of that yug.

According to Vedic cosmology, time is circular, one moves from stability towards chaos and again from chaos back to stability. With a change in the yug, devolution of man set in and so in the Treta yug shrotras were forgotten. Now only remembrances remained and smritis became the yoga of those beings – the path to evolution was simplified. In the next yug, Dwapar, the epics became the yoga, which were interpreted by the Gurus to suit the level of evolution of the Shishyas. The gyan of evolution was simplified further.

In the last and present yug, Kalyug, the ancients knew that the beings in this life would have a shorter lifespan and a myriad of desires. So, Rishi Patanjali, being aware of the suffering that was to befall in kalyug, imparted a simplified way to evolution, Ashtang Yoga.

The beings of kalyug only understand the dictates of quick money and beauty. As demand creates supply, distorted physical aspects of yoga, asanas and pranayams, began to be sold off as secrets to a healthy and beautiful body. Perhaps, it is the law of karma at work. India, exploited for centuries, is now getting back at the world. The negative karma generated by the world is being balanced out by these so-called yoga gurus who are themselves steeped in maya. We have forgotten here that a practitioner of Sanatan Kriya or ashtanga yoga if practiced in totality would get beauty and health as a by product, the main benefit would remain evolution.
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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Monday, October 12, 2009

Incredible India

A little magic, a little madness, some mayhem and whole lot of manic energy mixed with loads of mysticism - that is the melange that makes India and Indians what they are. We are like this only, no matter what the world might think. Indeed, India is in. In virtually every place on the earth, there is a little corner that is forever India. India, driven by its new-found economic clout, has taken its rightful place on the world stage in a range of spheres. But, miraculously, even as it absorbs numerous global influences in different fields of endeavour, it remains firmly rooted in its past. Tradition and modernity co-exist in this land of a billion people. This co-existence might not be peaceful at all times, but it holds despite many pulls and pressures. The notion of nationhood in India hinges on its in-built cultural, social and religious diversity. Our politicians may not always have done justice unto us, but India's democracy, warts and all, has withstood many ravages. The electorate has repeatedly called the bluff of many a counterfeit political movement and moved on. So when one talks about things that set India apart, where does one really begin? India is home to every major religion in the world, its citizens speak a bewildering array of languages and dialects, and its population is made up of a wider swathe of races, tribes and linguistic groups than probably any other nation in the world. India itself is a unique phenomenon, so there is no end to things that lend the nation its unmatched character.

The list on the following pages is in no particular order because there is little in this country that follows any particular order. It is a random pick of ideas, events, practices, personages and art/dance forms, besides much else, that have defined India. From the snakecharmer to the classical dancer, from religious festivals to sporting quirks, from movie stars to corporate honchos, from cultural strengths to social ills, from places that draw hordes of tourists and pilgrims to nether zones where the dead are taken for final deliverance, this list has them all. However, it is by no means complete. No list can ever be complete, especially one about India. But, then, one has to draw a line somewhere. We've drawn an invisible line to help us make the selection. So for us things that make India unique are those that have instant, top-of-the-mind recall across the country. The idea was to avoid introductions and explanations.

India is a marvellous collage, as these pages so clearly indicate - the timeless Lata Mangeshkar, who turned 80 on September 28, shares space with the eternal city Banaras, master blaster Sachin Tendulkar rubs shoulders with the likes of Sunil Gavaskar and Kapil Dev, and Holi and Diwali are alongside Ajmer Sharif. Read on... and feel free to draw up another list, if you will, of your own. Discover the limitless appeal of the wonder that is India.


For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009

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

Read these article :-
Delhi/ NCR B- Schools get better
IIPM fights meltdown
IIPM

Friday, October 09, 2009

Making sense of democracy

dynasties remain influential in the Asian politics

Philippines is all set to elect its 15th President. The country has scheduled to hold the Presidential, legislative and local election on May 10, 2010. A formal colony of Spain and the United States, Philippines has lot of hope from the upcoming President as the country has been hit hard by global recession. It further aims to revive its economy with a fresh election and a new president. Unfortunately, the reality doesn’t seem to be as glassy, as people of the country are expecting nothing drastic out of this election as the same old corrupt and greedy dynasties are going to end up running this beautiful south Asian country.

Family dynasties bind the politics of this land. Since its independence in 1946, politics has been dominated by old, powerful and rich dynasties. For example, Gloria Macapagal Arroyo, the incumbent President is from the very influential Diosdado Macapagal dynasty. Her father Diosdado Macapagal had ruled Philippines from 1961 to 1965. And very surprisingly, her two sons are also following her. They are already members of the nation’s lower house of parliament. What is more horrifying is that there are estimated 250 political families’ nationwide occupying positions at all level- at least one political family in every province, according to the Centre for People Empowerment in Governance, a nonprofit group that examines people participation in politics. It further says that 160 of the 265 members of Congress are from these clans. The Philippine Centre for Investigative Journalism also says that two-third of the members of Congress are from political dynasties. The Isabela province was dominated by Dy dynasty for decades. The influence of dynasties is so much so that it reminds the common Philippinos of the reintroduction of the electoral politics that was there in America in the 20th century where only the wealthy used to control the government. However, if closely viewed, it is not the case of just Philippines; there are many other Asian countries where politics is dominated by a few dynasties. The outgoing Prime Minister of Japan, Taro Aso is the grandson of a former PM while his wife is also the daughter of a former premier. Moreover, a quarter of parliamentarians and 40% of the legislators of the ruling Liberal Democratic Party (LDP) belong to influential political families. The same is the case in Bangladesh, China, India, North Korea, Pakistan, and Sri Lanka.

However, the issue is not that removing dynasties will guarantee good governance and transparency but that would certainly ensure and encourage the entry of fresh and new talents in the politics. This would certainly break the age-old bureaucracy- perhaps for a better democracy. Though, fortunately, Benigno "Noynoy" Aquino III is expected to make his debut in the upcoming Presidential election and seems to have been gaining popular support, unfortunately he is not being promoted for his charms but because of sympathy he has gained for his mother, Corazon Aquino, who died last month, who was Philippines’ democracy icon who overthrew dictator Ferdinand Marcos. Well, can we expect change here?

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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Thursday, October 08, 2009

Enchanting result of man taking nature into confidence…

The trees in this Eden also include the notorious nux vomica tree, marking nut tree etc; the former produces a bitter-tasting fruit, while the latter causes itchy rashes on the skin. He has also planted odallam, a poisonous-fruit tree. These, Dayal maintains, are nature’s purifiers. They absorb poison from the soil and atmosphere and make the environment healthy, therefore becoming necessary evils. Then again, the oleander’s beautiful flowers, and banyan and the holy basil etc lend the necessary aesthetics and produce oxygen in abundance. Dayal mixed organic farming and naturopathy after he met the late CRR Varma, the pioneer of naturopathy in Kerala. He thus does not believe in the use of fertilizers as being necessary to cultivation; they only serve to poison the produce, causing killer diseases like cancer, nephro-ailments and liver cirrhosis. In one part of the land is a pond, the soil dug out of which has been shaped into a hill. The pond acts a reservoir for rain water, while the hill prevents wind turbulence around the region. There is also a kavu (forest) temple nestled in the woods dedicated to the serpent gods, as is common practice in Kerala. Each evening, Dayal unfailingly lights the lamp in front of it. Even though this forest is hardly 10 years old, the trees and the hill and the creeper canes give the look of a perfect ancient Kerala kavu.

Today Dayal is firmly convinced of the self-sufficiency of nature, and is proud of his successful ways of environment protection. But he never tires of touring the state to attend various orientation classes and sharing lessons on the importance of organic farming and the need for trees around houses. Teachers of various schools make it a point to bring students to demonstrate Dayal’s exemplary efforts. He is more than happy to distribute saplings and seeds to interested visitors. He even conducts classes in his house. Jaitha Dayal is ever supportive in her husband’s “divine mission”. Besides all the houwsehold kitchen needs are met in their own forest itself. As we bid adieu to the Dayal couple and walked out of the man-made forest, our faith in nature and its generosity was reaffirmed, apart from being inspired by this man’s mission drawn on wby little rhetoric, and plenty of practical wisdom and altruistic vision.


For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009

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


Read these article :-
Delhi/ NCR B- Schools get better
IIPM fights meltdown
IIPM

Wednesday, October 07, 2009

‘‘There is no magic wand’’

In an exclusive interview with editor A. sandeep, Union HRD Minister Kapil Sibal talks about the new board exams, shortage of trained faculty, the role of the private sector and much more

In the media you’ve said that you were not keen for this ministry (HRD).

No, I’ve never said that I’m either keen or not keen for any ministry. It’s purely the Prime Minister’s prerogative. I’ve only said that I don’t want law [ministry] as two of my children are practicing law and there would be a conflict of interest.

How far has been your progress made in the first 100 days?

How can I judge my progress; it’s for others to judge!

In the past few months, the focus has been on high schools and [related] higher studies. When will the focus move to other forms of education?

High school education is the foundation. We’re focused on other forms as well. If you watched my first press conference, we talked about not just school education but higher education. The National Knowledge Commission and the Yashpal Committee – both their reports are on higher education. And we have already taken very significant steps for the implementation of some recommendations of these commissions, given the context of our own [the current HRD Ministry’s] perspective.

Your 100 days programme agenda. According to you, how much of it has been seeded in?

All of it!

There are many non-Congress states who might not completely embrace your initiatives?

That’s not true; name me one. We’ve called a CABE (Central Advisory Board of Education) committee meeting. The resolution was unanimously passed and no state opposed it. I’m not here interfering with any process of a state. Education is not a political issue. It has something to do with the future of India. Why should any state interfere in a process that takes the future of India forward?

Deemed universities have been encouraged to become more transparent. What beyond that?

We’re setting up a whole new system, and restructuring the higher education system. So all these ‘deemed universities’ hopefully will go and we should have ‘universities’ only, not ‘deemed to be universities’.

Sir, you’ve talked about the need for change in the curriculum of IITs and IIMs. But there’s a pay wage issue that has come up.

No pay wage issue [exists]. We had a meeting of the Directors of IITs. They were all satisfied and we would implement the decisions we had arrived at in our meeting with the Directors. So, there is no pay wage issue.

So you believe that the strike that had been called...

No, there is no strike. As I told you, if you read the media, you would have found that the Directors came out and issued a statement that they are happy with the talks with the Minister and hope that the decisions arrived at are implemented; which we shall do!

There seems to be acute shortage of quality faculty in engineering and medical sciences. How are you changing it?

That is true [that there is acute shortage]. I can’t change it. There is no magic wand. I cannot create faculty out of nowhere. But the fact is that we need to invest in our research institutions, produce more Ph.Ds in all our research organisations – science, IITs, engineering, medicine – so that they later become faculty. In the meantime, because of the recession in the United States, a large number of faculties from the US are willing to come to India.

So we should therefore have a brain gain policy in place – which I have put in place – to attract that faculty, so that we can meet the shortfall. And now with the use of ICT, we can actually share faculty without one member of the faculty having to move from one place to another. So, all these different strategies can be used for meeting the shortfall.

You’ve told states to increase their allocation on education. Would there be any proposal to increase the general pay wage believed to be in teaching? For example, when students pass out of colleges, their first preference might not be teaching; perhaps because of the pay wages...

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Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Thursday, October 01, 2009

Citibank’s trump card has been its shift of focus from niche to mass

When in Rome, do as the Romans do; when in India, do as the ‘masses’ prefer! While a focused domestic strategy helped in better understanding of the Indian consumer and customising of products, a ‘go mass’ strategy is what really made this financial services brand shine (the reason for its grabbing a place in the rankings this time). In another effort to reach the masses, Citibank has now joined hands with SKS Microfinance to invest $44 million for an initiative to bring greater financial inclusion to India’s poor. And what else is Citibank’s claim to fame? This local bank with an international perspective has built a track record of outstanding business practices, thereby consolidated its position as one of the most innovative financial services provider globally and in the country, besides building a strong franchise network and relationship with customers. And that’s what enables it to deliver robust growth figures quarter after quarter. Earlier this year, Citibank underwent a corporate branding exercise in which it announced a unified, global brand identity under the brand name ‘Citi’ and red arc logo. “It speaks to our exciting future as a highly connected, responsive, and profitable global leader in financial services,” said Charles Prince, Chairman, Citibank. From high end to services directed to the middle and low income people, Citi is truly going places.

Source : IIPM Editorial, 2009

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

Read these article :-
Delhi/ NCR B- Schools get better
IIPM fights meltdown