The Indian automobile industry has been most carefully protected since past many years

And then we have the other hand. The Indian automobile industry has been most carefully protected since past many years. From insipidly high import duties on foreign car imports, to illogical dumping cases, and giving licenses to only the close few, our government has seen to it that local manufacturers individually are at best pathetically only capable of either producing sub-standard vehicles with technology dating three decades back (try travelling in a Tata Safari versus a Toyota Prado, or even a Honda CRV to understand our misery), or electrical generators at worst (before Toyota’s or Honda’s joint ventures, one wonders what the Kirloskars and Shrirams were doing; or what contraption of a monster Hindustan Motors was producing before the Mitsubishi tie-up). Unless the artificial protection to such select few is removed, the truly Indian automobile industry can never become a global mouthpiece for our achievements.

For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006

An IIPM and Management Guru ProfArindam Chaudhuri's Initiative

“The judiciary has usurped the discretionary power vested with the legislature to protect the needy and the downtrodden”

This raises a pertinent question: Why is the tussle between the two important arms of the state taking an ugly turn? Who is under pressure and of whom? According to an international legal expert working for the government (speaking on conditions of anonymity), the “fault lies with the politicians who don’t enact laws before entering into international treaties, like the WTO. The result is that when these treaties begin to hurt the common man, the judiciary steps in an activist role.” Such an explanation shows that, it is the government, which is under pressure to undo all that it had undertaken during the nationalisation era. The political leadership seems to be in tearing hurry to join the liberalising ‘heard’ because they don’t intend to look laggards in a largely globalising world. This would obliviously mean that the Judiciary is taking up cudgels on behalf of the ‘aam aadmi’ (common man) and protecting him from the vagaries of markets. If this was true then the communists would certainly have stood behind the courts. Ironically, Brinda Karat, says “The judiciary has usurped the discretionary power vested with the legislature to protect the needy and the downtrodden.” But Abhishek Singhvi, a noted lawyer and Congress Rajya Sabha MP, told B&E that the current judicial activism “should not be seen in terms of class struggle.”

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

'Mint'ing news in the Metro... Now!

February is proving to be a shocker of the month for the Indian newspaper mart. First it was the launch of Mint, the not-so-pink financial daily from the stable of Hindustan Times which boasts of a partnership with The Wall Street Journal. While, HT's Mint (with a Mint fresh design) is all set to take on TOI's Economic Times, both rivals have joined hands and launched the capital's first tabloid, Metro Now. With these new launches the rival duo will compete with their own offerings (Metro Now with TOI, HT) as they slug it out amongst themselves (Mint with ET). Times are surely changing!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Read more IIPM articles:-

1. The globalization bomb; and the after effects
2. The premature demise of the WTO need not distress Indians; it could be good news
3. Goede Oud Netherlands
4. A saving(s) grace!
5. Goldammit! Dollar's dying;India & China smiling?
6. Chinese whisper!
7. 'Tis a Fruitful Summer'
8. The Amazon... it's clear!
9. It's a six, off the field too!
10. Victoria Peak: Vantage point to the vaunted wonders!
11. Silver Lining & Dark Clouds
12. Ryanair charges Unfair France
13. MTN calling on Arabian nights
14. Tata Tea sips a Czech flavour
15. Lock, stock and barrel
16. You've got a ticket to ride: on self-confidence
17. Triumvirate Ambanis, Reliance's Famed Fables!
18. Rupert Murdoch, the True Mogul of Media
19. Richard Branson, The Virgin Knight

Do you own the car you are passionate about?’

The latter, along with other specialized companies, have merchandising agreements with a number of other hi-profile car-makers. Apparel brands Puma and Fila manufacture official Ferrari merchandise that ranges from sweatshirts & headgear to shoes! And here too, there are alternatives with the up-market offerings from Swiss watch-makers like Girard Perregaux & TagHeuer, which are official partners of Ferrari & McLaren, respectively.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Read more IIPM articles:-


Ho Lee Yew, it's a contest!
The globalization bomb; and the after effects
The premature demise of the WTO need not distress Indians; it could be good news
Goede Oud Netherlands
A saving(s) grace!
Goldammit! Dollar's dying;India & China smiling?
Chinese whisper!
'Tis a Fruitful Summer'
The Amazon... it's clear!
It's a six, off the field too!
Victoria Peak: Vantage point to the vaunted wonders!
Silver Lining & Dark Clouds
Ryanair charges Unfair France
MTN calling on Arabian nights
Tata Tea sips a Czech flavourLock, stock and barrel