Friday, February 26, 2010

dos & don’ts: before attack

The families should not take fixed routes at fixed timing, all the time, even while travelling to a particular destination. They should also not flock a particular area, club, restaurant, etc.

2 Take professional help whenever needed, as this will greatly improve the chances of your family remaining safe from such attacks. Learn the Dos and Don’ts to ensure a safer tomorrow.

3 Stop displaying your riches to the public, unless you can provide security for yourself and your family members. Also be careful that all your transactions are not visible to your servants!

4 Take care of your servants, drivers, guards, etc, and keep them satisfied; changing servants frequently will only increase proportionally the chance of such attacks on your family.
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Source :
IIPM Editorial, 2009


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

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Outlook Magazine money editor quits
Don't trust the Indian Media!

Wednesday, February 24, 2010

Know your leaders!

what kind of hair parting do B&E power 100 ceos prefer? is an mba-ceo more efficient than a non-mba one? our ‘balding’ assistant editor steven philip warner brings to you some ‘interesting’ facts about ceos of the B&E power 100 list...

Hair styles of B&E power 100 ceos

Left parting 48%

Right parting 16%

No parting 3%

Centre parting 3%

Marital status

Unmarried 00%

Married 100%
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Source :
IIPM Editorial, 2009


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

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Monday, February 22, 2010

Global leaders have somehow found it difficult to crack the indian market

Be it the Corolla Altis, Innova, Land Cruiser or Prado, all of them are considered as benchmarks in their respective segments by many. P. S. Chowdhary, Head-Marketing, LML asserts, “Toyota and Honda are the best in the business of automotives worldwide and similar is the case in India.”

India’s upmarket customers do seem to agree. Take the instance of the Fortuner, the latest entrant in TKM’s stable. Fortuner has already got a mind boggling 7,000 advance bookings, surpassing the anticipated figure of 5,000, forcing Toyota to raise production to 600 units a month from the 500 units decided earlier. But the company has been able to deliver only 1,000 in the first two months since the launch and TKM has in fact closed bookings for the upcoming six months. The company has a target of selling around 1,800 units in the current calendar year and around 2,000 units in 2010. “Toyota Fortuner has got an overwhelming response in the Indian market and has the potential to become the market leader. However, the long waiting period due to the capacity constraints may turn down some buyers,” explains Sandeep Singh, Deputy Managing Director-Marketing, TKM.

However, when one looks at overall market share, the company takes a back seat. Since the segments that they operate in are low-volume driven themselves, reaching the ranks of the top five in the country is still a pipedream. Akira Okabe, Senior Managing Director, Board Member, Toyota Motor Corporation avers, “TKM is a baby when compared to giants like Maruti Suzuki in the country.” The basis of the statement surely has deep roots as the company sold a meager 46,892 units at the end of FY 09; registering a negative yoy growth of 15% as compared to the 7,00,000 units by the Indian market leader in the same period with a growth of 1.5%.
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Source :
IIPM Editorial, 2009


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

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Friday, February 19, 2010

Birth rights of sperms & eggs

The debate on abortion has moved away from the empowerment of women to cutting religious propaganda

30 Oct-12 Nov ‘09 issue


Of course, all this is not happening for the first time. Since time immemorial, a woman’s body has been the theoretical and unembellished territory for societal and political war. From the theoretical, scientific and religious end, there are numerous logical stages that define the starting point where ‘human life’ begins. Many schools of thoughts believe that sperms & eggs have life; and put them at par with humans, thus considering them as preconceived life. Many don’t! But almost all blocks ranging from political to religious are in some or the other form discussing the issue of abortion – or as the critics call it, immoral killing of a life. And that is where the whole debate on abortion starts, with opposing philosophies promoted by two schools of thought: Pro-choice campaigners (who demand a mother be allowed to choose whichever of the three options she might wish to undertake), as opposed by pro-life campaigners (who generally argue in terms of foetal rights rather than reproductive rights). The concepts of pro-life versus pro-choice are in general visible across the world, leading to starkly distanced abortion laws across the world – for example, if in Canada abortion is available ‘on demand’, then in a country like Nicaragua, abortions are illegal.

Since the last few decades, as per reports published by Guttmacher Institute, most of the decline in abortion rates occurred in countries where abortion had long been legal. Contemporarily, the highest rates of abortion have shifted to developing countries, which often have restrictive abortion laws. In countries like Thailand and Iran, after abortion restrictions were eased around 1997, unsafe abortions have slipped from 15 to 14 per 1,000 women, a big drop when seen demographically, given the fact that around 70,000 women die each year from unsafe abortions.

In the US, almost half of all pregnancies are unintended and thus four in ten of these end in abortions. The Bush administration had placed a ban on federal funding for international family planning programs that provide abortion information to clients. Obama, within a week of being sworn in, lifted the Bush administration’s ban. Obama further passed an executive order officially scrapping the Mexico City Policy (that ‘protected’ – or rather, restricted – taxpayers from involvement in overseas abortions for eight years).

Kenya, India, Bangladesh, Spain, Mexico, all are nations where abortion is illegal (after a few weeks of conception; like in India) but the governments are not able to control or deliberately overlook the illegal abortions (Mexico has over 900,000 illegal abortions every year). And this point is where religious groups, especially the Catholic communities, are lobbying very hard to stop abortions globally. In general, a majority of Catholic Christians are considered to be pro-life. While Barack is now giving millions of dollars to groups that aggressively promote the pro-choice concept, he has been highly condemned by the Vatican along with pro-life leaders on this move. In the Dominican Republic, after the Dominican Catholic Church lobbied, the present laws ban abortion in all circumstances, even in cases of rape; in fact, even when the mother’s life is in danger. Abortion is banned in Catholic heavy Ireland, except in cases where the mother’s life is in danger. In Spain, though abortion is illegal, with the passage of gay rights the ban was expected to be removed. However, the Catholic Church has launched campaigns to prevent the reform from being passed. It’s clear that the issue of abortion can never escape the bloodying conflict between the political and religious spheres. The politician who attempts to go against the existing religious paradigm could well end up losing a huge base of voters – Obama knew that and still won.

But then, is abortion right or wrong? That, we truly believe, is for a nation and its people to decide. If the democratically elected legislature of a country – which promotes equal women’s rights – believes abortions should be allowed or banned, in whatever form or reason, then be that as it may! Unfortunately, not only is the majority of most legislative assemblies almost always made up of men, these nations also suffer what we now know as the Roe Effect, which says that pro-choice parents have generally ended up having more abortions and hence fewer children over decades than the pro-life population; thus support for legal abortions has declined over time, and will decline further in the future. That, sadly, might be the way of things to be in the future...
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Source :
IIPM Editorial, 2009


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

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Wednesday, February 17, 2010

Bringing back the good old days

“Now with recruitment being done at all levels, the hustle and bustle will soon return to the township,” the senior official told me. In fact, as per his claim, the Town Administration Department (TAD) at Piplani (which is functioning from 4-5 out of 13 intern hostels that have been allotted to the department by BHEL management) has already allocated a huge fund for the repair of roads inside the township in anticipation of this influx. The department is even said to have allocated Rs.90-100 million for the renovation of trainees’ hostel. Community centres, too, will be coming up at a fast pace all across the township.

But what about Nehru’s real expectation from these temples of modern India – the empowerment of the common man, and hence the society? Shrikant Deshpande (name changed), a Senior Engineer with BHEL Bhopal for over 30 years says, “I joined BHEL Bhopal 30 years ago as an artisan... BHEL not only gave me an opportunity to go for higher studies but also provided me with a springboard that catapulted my career to great heights,” reminisces Deshpande with a smile.

Clearly, BHEL is not without its fair share of passionate supporters. To enable many more such smiles on the faces of its current and future employees, BHEL has to renovate its township infrastructure at the earliest. And considering their past record of business and service, one would certainly want to give them the benefit of doubt.
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Source :
IIPM Editorial, 2009


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

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Tuesday, February 16, 2010

A scintillating black comedy!

TSI Five-O: A spectacularly simple tale of love, deceit and greed

If you fell in love with the simple, rustic score of “Ishqiya”, chances are that you will enjoy the film as well. Right from the first scene of the film, “Ishqiya” sets out to be an enigmatic film, artistic and arresting in about equal measure. A black comedy, the plot of “Ishqiya” is cleverly drawn and it begins with small-time thieves Khalujaan and Babban (played by Naseeruddin Shah and Arshad Warsi respectively) escaping from literally being buried alive by their gun-wielding boss (Salman Shahid), and finding refuge in a small town, Gorakhpur, at the house of an old friend. However, their friend had expired, and his widow Krishna (Vidya Balan) allows them to stay at her home. At first, Khalujaan loses his heart to the charms of the widow, but soon Babban too follows suit. As they battle each other for her heart, the two crooks realise that their lady is twice as crooked as them! Together, the trio goes on to hatch kidnapping plans, the thieves to recover the money to return to their boss, and Krishna for her own hidden motives… Sadly, the ending is the only place the film falters where the interest aroused is snuffed out with a hurried, low-on-impact, climax.

The acting by the three lead actors is first-rate, and what is remarkable is that the supporting cast match their brilliance take by take. The protagonists spew slurs thick and fast, but strangely it doesn’t seem crude but neatly compliment the characters and the setting. A first attempt at direction by Abhishek Chaubey, we bet with “Ishqiya” he already has built a strong fan base for himself!

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Source :
IIPM Editorial, 2009


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

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Monday, February 15, 2010

khaki still remains a mystery

On Angayarkanni's petition to the high court asking to quash the CBI's chargesheets, the CBI was ordered to stop any further action on the chargesheets and given eight weeks to reply. Meanwhile, CBI said the advocates did not cooperate with the agency’s investigation. As the lawyers did not come up with evidence, they were not able to indict more policemen, Harsh Bahl, CBI spokesperson, told journalists. “We asked the advocates' associations to furnish the evidence they have against the police. But most of them did not. We conducted open investigations and gave ample opportunities to all,” said Bahl.

What has irked the advocates is that the CBI has identified only five police personnel for their role in the violence. It has recommended departmental action against 22 police personnel but let the four senior officers off the hook citing a pending case in the Supreme Court.

G. Mohanakrishnan, Madras High Court Advocates Association (MHAA) secretary, also figures among the accused, going by the CBI chargesheet. He says that the advocate community has lost its faith in CBI. “Normally for fair investigations we prefer CBI. But CBI has proved that it is anything but fair. It has deliberately delayed the investigations right from the start. I was attacked by 28 personnel on the day. I handed over the evidence to CBI. Yet they could not nail the guilty policemen. CBI has lost its credibility completely. Many of the advocates whose names figure in the CBI chargesheet were not even present when the incident occurred in the court premises. We have a strong case against the CBI and I am confident that their chargesheet will be quashed," he told TSI.

In a scenario that is typical of the Indian judiciary, this case is dragging on endlessly. The violent incident occurred almost a year ago, but the motive behind the brutal attack on the advocates by the men in khaki still remains a mystery.

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Source :
IIPM Editorial, 2009


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

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Friday, February 12, 2010

Fictitious baseless forecast about the Himalayan glaciers

So I was not surprised when the IPCC, after doing its best to maintain its fictitious baseless forecast about the Himalayan glaciers for several years, was eventually constrained to abandon it.

This was another profoundly humiliating loss of face for an organisation that is looking more than a little threadbare after the news that its Chairman, Dr Rajendra K Pachauri, a railroad engineer, is under investigation by the Charity Commission in UK in his capacity as a trustee (together with the former IPCC chairman, Sir John Houghton) of a charity that had declared income of less than 10,000 sterling in each of the past three years when in fact its income had been in the hundreds of thousands, if not millions. False accounting is a serious, imprisonable offence in the United Kingdom.

A few weeks ago, in Copenhagen, I had confronted Dr Pachauri after his lecture on the work of the IPCC whence he had used a bogus graph that had appeared thrice in full colour in the 2007 Fourth Assessment Report produced by the IPCC. The graph purported to show, but did not show, that the rate of warming had increased in recent years because of global warming.

I had warned Dr Pachauri that he had 48 hours to withdraw the graph or I should report him for fraud. He did not reply by the deadline, and will now perhaps have good reason to regret that he did not attend to my request in a scientific and timely fashion.

As if this were not bad enough, the IPCC has now had to admit yet another serious error. For years it has been trying to maintain that if the world warms again (and it has not done so for 15 years) hurricanes, floods and droughts would become more frequent. Now it has admitted that this is not the case, and it proposes to “re-evaluate the evidence”.
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Source :
IIPM Editorial, 2009


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

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Thursday, February 11, 2010

probable fallouts of the sri lankan polls from Colombo

There is apprehension among Muslims as well. The way they have joined ranks with Tamils to oppose Rajapaksa can be explained by the fact that Fonseka won all Muslim-dominated districts in the polls.

In fact, experts believe that all these years, Muslims were wooed in order to isolate LTTE. Now that LTTE is gone, many believe, the heavily politicised Buddhist clergy will like the government to tighten screw on the Muslims as well.

It appears that issues like corruption, abolishment of the post of executive presidency and increased cost of living have failed to dent Rajapaksa’s vote base. There have been some serious allegations regarding threatening and bumping off critics and journalists. One of his brothers, Basil, is called anything between Mr 15 Per Cent to Mr 20 Per Cent. The figures represent the alleged cut he takes from every project that is passed. “Rajapaksa has ruled using jamboree techniques. He has not only exclusively presided over the armed forces but has also presided over the clandestine Tamil paramilitaries, the gangland Mafioso, death squadrons, corrupt ministers and the powerful commission lobby with the aid of his brother Basil,” says noted journalist Nilantha Ilangamuwa. “Now we have to face it for another 6 years.”

The Lankan economy is in dire straits. A colossal $11.7 million per year is spent on presidential advisors and over $8.6 million on luxury vehicles. Around $100,000 per day is spent on other central offices. Several millions a month go on looking after the President and security in Colombo. The nation that, in the past, had the second highest living standard in South Asia after Pakistan, which had generous subsidies for food and fuel and that once boasted close to complete literacy, has today one quarter of its population living below $1 a day. But all these have not mattered at all in the elections. Dayan Jayatilleka has an explanation. “The election was to decide the head of state, not merely the head of government and I consider Mahinda Rajapakse makes a superior head of state. As for our grumbles with the government, the management, these are best tackled at the forthcoming parliamentary election,” he says. Constitutional mumbo-jumbo as it may sound, it did find resonance with the voters.

Economy is a front where some out of box thinking is required. Defence expenditure reached $925 million in 2009. It is probably the only country on the earth where the defence budget has been increased following the end of a conflict. Sri Lanka’s main economic problem has been a high fiscal deficit averaging 8 per cent of GDP since 1991. Successive governments have borrowed heavily due to the 28-year-old war and the cost of maintaining a bloated public sector. Thus increase in post-conflict military budget is absurd.

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Source :
IIPM Editorial, 2009


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

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Wednesday, February 10, 2010

National bird to give up in the battle for survival against man

Despite the fact that the peacock is protected under Schedule I of the Wildlife Protection Act, 1972, over 3,000 peacocks were killed in the state in 2009 according to PFA. It may be mentioned here that Section 9 of the Act prohibits hunting of wild animals and birds specified in Schedule I, II, and III and IV, except as provided under Sections XI and XII. This classification has been made keeping in mind the significance and population of wildlife. Those highly threatened find a place in Schedule I. Section 51 of the Act prescribes a maximum imprisonment of 7 years, Rs 50,000 fine or both for hunting animals and birds specified on Schedule I.

Informs a wildlife expert, “Over 3,000 peacocks were killed in the state last year, but I do not remember any one being convicted for the crime in Rajasthan. It shows the laxity of police and forest officials.”

The police meanwhile defends itself by saying that it is difficult for them to identify the poachers. “We usually find these peacocks dead in agriculture fields. With the help of the forest department, we conduct postmortems, but when it comes to registering cases we have to register it against unidentified persons as there are no witnesses in a majority of cases,” said a police official on conditions of anonymity. In any case, passing the buck will leave us little to preen about in the very near future.

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Source :
IIPM Editorial, 2009


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

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Tuesday, February 09, 2010

Dalits are still barred from entering some temples

Chettipulam is not a one-off case. CPI (M) activists face stiff resistance from villagers. But this has not discouraged them from pushing their campaigns in remote areas where the evil practice is more common. In recent months they have upped their movement. “Dalits are not allowed to walk on the common path in villages. They are told not to wear chappals. Worse, their entry to temples has been blocked. This is inhuman and illegal. So, we took temple entry as a foremost step. We are not going to stop and we are considering other social and economical issues also,” says Sampath.

The CPI (M) is not alone in its social campaign. Other groups have also joined in to end untouchability in the state. Says Kadir, director of Maduri-based organisation Witness: “Establishments of Hindu temples are keen on keeping the caste tradition alive. In many villages, a dalit cannot become a Panchayat president. The reason: If he becomes the president, the temple comes under his purview. And the priests don’t like this.” Witness has conducted field studies on the practice of untouchability in villages.

Sociologists feel that this practice won’t last for long in the state.

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Source :
IIPM Editorial, 2009


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

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Tuesday, February 02, 2010

Some individuals who opted to go barefoot in search of success

The trick to growing her business, as she claims was “to follow a patient and steady approach...” Her first big client was Mindtree; and today her company has clients like Honda, ABN Amro, Volkswagen et al. Of course, she doesn’t want to miss out on Page 3 references too as she reveals, “Our company made chocolates for Shilpa Shetty’s engagement ceremony too!” And she desires to move on to retail shelves soon, after an overwhelming response from her B2B clients. In fact, Rashmi is currently running a pilot test on exclusive retail kiosks in a luxury mall in the capital... Nitin Gupta, Founder, Khojguru, had been investing in his brainchild Khojguru.com, a discount portal website, two years before he even joined the company on a full-time basis. An IIM alumnus, Nitin joined Lehman Brothers through a pre-placement offer. Matters were rolling smooth, until Lehman Brothers filed for bankruptcy and he was forced to move on. “There is no doubt that things were very hard at that point in time. But I was always very confident of Khojguru being a success,” he reminisces. Today, in his mid-20s, he feels that “there is still a long way to go.” Khojguru has been a cult hit in Delhi and is now eying other cities as well.

There are many other young entrepreneurs in the country, most like the above-mentioned, who have found a will to prosper through application of the management education they received, minus the cushion of an established brand. And for those who still are nurturing a promise that can turn out to be a great venture, Jagdish Khattar, ex MD, Maruti Udyog Ltd, and current CMD, Carnation has the right words, “If you have a business proposition and you believe it has the potential, just don’t give it up.”
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Source :
IIPM Editorial, 2009


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

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Monday, February 01, 2010

A hot cuppa fashion!

Here’s the latest brewing in ethical fashion...

On last count, there were more than 600 textiles being sustainably produced. Corn, soya, hemp, wood pulp, stinging nettles, recycled plastic bottles, pina, bamboo and numerous other materials are serving as resources for designers to create innovative, fashionable clothes. The latest addition to the list of eco-friendly fabrics is one made out of coffee grounds. Conceived by Taiwanese Singtex Industrial Company, is it of little wonder that the company’s general manager came up with the idea of using the coffee grounds, that would otherwise only contribute to landfills, into a fabric as he sat sipping a hot cup of coffee at Starbucks! Apart from taking care of Starbucks’ waste grounds, the same company is also making sportswear out of recycled plastic bottles, a practice first started by California-based Patagonia, which claims to have utilised 92 million bottles in this fashion! There is an army of people trying to make fashion sustainable, and like any other country, India too stands to benefit by switching to ethically sound fashion, in fact, maybe more so than others.

The textile industry consumes maximum water after agriculture; about 8000 chemicals go into turning raw material into textiles and almost 25% of the world’s pesticides are used to grow cotton alone. While India is among the top cotton producers in the world, it is also among the leaders in growing organic cotton. “Fashion is now much more concerned with the environment… In fact, it is more concerned now with the well being of the people who make the clothing,” says Susan Waters, founder of Cotton Roots. Cotton Roots is into fair-trade and organic corporate clothing, and has found its solution for natural dyes in India. Using natural ingredients like coffee, tea, pomegranate, henna and onions, Cotton Roots is creating ethically sound aprons, T-shirts, towels, tea towels and shirts. “The chemical dying process uses heavy metals, creating toxic waste and using huge quantities of precious water. When our cloth is dyed naturally using plants, no heavy metals are used as other natural fixing agents are employed and the water can be directly used to irrigate the crops without the need for any treatment. I knew that it was possible to purchase Fair-trade cotton in India. I also found that only in India could I find “natural dyeing” on a commercial scale. The cotton is grown in Madhya Pradesh (Mahima Organics) and it is dyed in Ahmedabad,” says Susan.

Varun Gupta was one of the six Indian designers who collaborated with six British designers for Shared Talent India, funded by The Centre for Sustainable Fashion, DEFRA, and their designs showcasing sustainable Indian textiles were shown at the Monsoon stand at Estethica at the London Fashion Week held last month. Says Varun, “We invited a lot of suppliers from India including Aura Herbal Textiles, which is into herbal dyeing. Then there was Pushpanjali, a fair-trade company which is into fair trade-cottons, jerseys, khadi etc. We also had Zameen, which is into organic cotton.

We’re promoting handloom and peace silk.”

Whether the interest in sustainable fashion is only a passing fad, or a precursor to the way forward, the innovations in ethical fashion definitely make for many an interesting coffee or tea time conversation!

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Source :
IIPM Editorial, 2009


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

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