After battling with massacres and riots, WB’s cup of woe still runneth over with the attack of the killer virus!
The legendary town of Hamelin infested with rats (sans the rescuer Pied Piper) comes to mind as soon as one hears of the Bird Flu
menace in West Bengal that has engulfed nearly the entire state by infecting 13 districts and 42 blocks with the pestilent H5N1 virus. The city of Kolkata is under siege by the deadly virus. And, before the death knell sounds for the metropolis, government bigwigs in the Writers’ Building have taken all possible actions to circumvent the spread of the virus into the city, such as, banning entry of all the poultry products in the city. The posh Salt Lake City (satellite town of Kolkata) in fact, has not only banned the entry but also sale of chickens & ducks. However, according to a police officer, the fool proof implementation of such a plan is next to impossible. For instance, the Kolkata Municipal Corporation has allowed entry of products from 14 authorised poultry farms.
The state has incurred colossal losses worth Rs.500 crores in poultry business and above three lakh people have lost their source of livelihood since the virus was first detected in Margram in Birbhum district 12 days back. Making a choice between human life over chickens by worldly standards of rationality, the culling process continues, albeit slowly. By far 200,000 chickens have been culled (as on 29th Jan’06), while 300,000 chickens will be culled in the next few days. The cost of losing one’s source of livelihood (indemnity) as announced by the State Finance Minister, Asim Dasgupta is a meagre Rs.500 per affected family. While he claims of giving the compensation money on the spot during the culling operation, the B&E team’s findings from a primary source deduce otherwise.
In spite of the world despising the ‘sick’ birds that are relished when in the pink of their health, the heart of their owners reaches out for them, every time it is about killing them in the name of culling.
It was recently that about 45 chickens were found dead in the Nolpur village of Howrah district. “We took the initiative and sent the blood samples for testing,” said Sunil Bagh, a member of the Gram Panchayat in a concerned voice. Three days later, reports confirmed that the chickens were indeed infected with Bird Flu. As a result, the district magistrate arranged for culling within 10 kms radius of Nolpur (that included seven Gram Panchayats). “More than 2,000 chickens have been culled as of 26th January (in the undergoing operation) with an estimated loss of Rs.70,000”, said Mr. Bagh. Amidst the culling of infected birds, while several poultry owners grieved at the loss of money, several like Kiran Naskar who owned close to 300 birds fretted, “My chickens were not even infected, therefore culling of all chickens wasn’t right.” To most, it is about the industry and trade loss, while to many who own the birds as pets, it is like losing a loved one. Thirty-two year old, Shaikh Ludh Rahman, who owned six chickens and four ducks, handed them over, on his own, half-heartedly, to the culling team. So did Younous Mallick who had 12 chickens and repeatedly said, “We weren’t into the business, we loved them.”
Another newly infected area, the historical city of Budge Budge had a relatively different atmosphere. The vibes were more of fear and concern for well-being of the people than trade and business. Forget about, pitying the poor little souls under ‘operation culling’ that are going through the highly contagious bird disease, said to rarely infect humans. The panic at the sudden outbreak of Bird Flu in the area was clearly visible in everybody’s eyes, right from the rickshaw-puller to the gram Panchayat members. To add to the woes, the process of culling the infected birds couldn’t begin in Goborjhuri village where 100 birds were found dead in a single day, since the confirmation reports in this certain case were pending. Anxiety was at peak when the Panchayat Pradhan, Mokhuri Doloi haggled with the authorities and urged them to “Please solve the matter quickly for us”.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
The legendary town of Hamelin infested with rats (sans the rescuer Pied Piper) comes to mind as soon as one hears of the Bird Flu
menace in West Bengal that has engulfed nearly the entire state by infecting 13 districts and 42 blocks with the pestilent H5N1 virus. The city of Kolkata is under siege by the deadly virus. And, before the death knell sounds for the metropolis, government bigwigs in the Writers’ Building have taken all possible actions to circumvent the spread of the virus into the city, such as, banning entry of all the poultry products in the city. The posh Salt Lake City (satellite town of Kolkata) in fact, has not only banned the entry but also sale of chickens & ducks. However, according to a police officer, the fool proof implementation of such a plan is next to impossible. For instance, the Kolkata Municipal Corporation has allowed entry of products from 14 authorised poultry farms.The state has incurred colossal losses worth Rs.500 crores in poultry business and above three lakh people have lost their source of livelihood since the virus was first detected in Margram in Birbhum district 12 days back. Making a choice between human life over chickens by worldly standards of rationality, the culling process continues, albeit slowly. By far 200,000 chickens have been culled (as on 29th Jan’06), while 300,000 chickens will be culled in the next few days. The cost of losing one’s source of livelihood (indemnity) as announced by the State Finance Minister, Asim Dasgupta is a meagre Rs.500 per affected family. While he claims of giving the compensation money on the spot during the culling operation, the B&E team’s findings from a primary source deduce otherwise.
In spite of the world despising the ‘sick’ birds that are relished when in the pink of their health, the heart of their owners reaches out for them, every time it is about killing them in the name of culling.
It was recently that about 45 chickens were found dead in the Nolpur village of Howrah district. “We took the initiative and sent the blood samples for testing,” said Sunil Bagh, a member of the Gram Panchayat in a concerned voice. Three days later, reports confirmed that the chickens were indeed infected with Bird Flu. As a result, the district magistrate arranged for culling within 10 kms radius of Nolpur (that included seven Gram Panchayats). “More than 2,000 chickens have been culled as of 26th January (in the undergoing operation) with an estimated loss of Rs.70,000”, said Mr. Bagh. Amidst the culling of infected birds, while several poultry owners grieved at the loss of money, several like Kiran Naskar who owned close to 300 birds fretted, “My chickens were not even infected, therefore culling of all chickens wasn’t right.” To most, it is about the industry and trade loss, while to many who own the birds as pets, it is like losing a loved one. Thirty-two year old, Shaikh Ludh Rahman, who owned six chickens and four ducks, handed them over, on his own, half-heartedly, to the culling team. So did Younous Mallick who had 12 chickens and repeatedly said, “We weren’t into the business, we loved them.”
Another newly infected area, the historical city of Budge Budge had a relatively different atmosphere. The vibes were more of fear and concern for well-being of the people than trade and business. Forget about, pitying the poor little souls under ‘operation culling’ that are going through the highly contagious bird disease, said to rarely infect humans. The panic at the sudden outbreak of Bird Flu in the area was clearly visible in everybody’s eyes, right from the rickshaw-puller to the gram Panchayat members. To add to the woes, the process of culling the infected birds couldn’t begin in Goborjhuri village where 100 birds were found dead in a single day, since the confirmation reports in this certain case were pending. Anxiety was at peak when the Panchayat Pradhan, Mokhuri Doloi haggled with the authorities and urged them to “Please solve the matter quickly for us”.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
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
Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
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 No. 1 B-school in India- Zee Business Survey ...
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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
With the sector booming, every one can be accommodated, Union Civil Aviation Minister, Praful Patel, tells B&E’s Ranjit Bhushan in an interview. The minister, who is credited with turning around the civil aviation ministry in his four-year-stint, adds that far-reaching changes are going to be brought in its FDI policy to encourage private investments.
Sci-Fi movie but this has actually been made possible by Microsoft, which has developed Sync, which is a fully integrated and voice activated in-car-entertainment system, for the Ford motor Company . “Sync offers hands-free phone operation and iPod or any other MP3 player connectivity. It’s built on a software platform that is upgradeable and will allow us to offer new features by simply upgrading the software” says Derrick Kuzak, Group VP, at Ford.
from Linden Labs (in real world currency) for an additional fee that they call Tier. This could range from $5 a month up to $295 a month for an entire island which would be 65,536 square meters. You could also pay a one time flat tier of $1,675 instead of a monthly thing. Also, just like the real world, you could book your favourite plot of land for $30 if you don’t have the money and pay later. But interestingly, it does not end there. Just like our housing societies, you need to pay a monthly maintenance charge to Linden Labs. This is calculated on the amount you own. The more land you own, the more you pay. So, based on the current tier system, your starter 512 square meters would cost an additional $5 per month, 65,536 square meters of mainland will cost $195 and an island would cost $295 per month. You could also buy land from another resident or purchase it at a Land Auction. Pretty much like an eBay auction, land auctions are extremely popular in SL. What starts with $40 ends up selling at $2000 at the end of a week. In-world sources say that over 15 million square meters of land has been sold in Q1 2007. If I may draw a real world analogy, we are talking about a property boom very similar to what’s happening in India right now.
The first place I saw after that is called the Welcome area. It is the starting point for all newbie residents in the SL world. Originally, the Welcome area was in Natoma in 2002 which moved to an area called Ritch in 2003. Currently, SL has three welcome areas: the Ahern/Morris region, another in Lime/Plum and a newer one in the Waterhead region. Arriving at the Welcome area can be a bit disconcerting. You will see humans no doubt but also aliens, devils, vampires, furries, animals, insects, robots. You may even see a dragon. Usually there is a Linden or two patrolling the welcome area, available for advice. I learnt the hard way not to accept advice from strangers. Some folks will come and try to sell you strange items. Sell? How am I supposed to buy stuff in a virtual land? Well, this is where I learned that SL has its own currency called Linden dollars (L$). Premium accounts receive a weekly stipend (paid in Linden dollars). That’s one of the special features. And since the real world payment can be tendered in L$, there is an actual currency exchange rate of around L$ 270 to one US dollar. In-world currency exchanges and ATMs allow residents to change real world currencies to L$. It took me some time to come to terms with this fact – a virtual currency that has real value!
investing in any mutual fund the most important factor to look for is the investment objective of that particular fund and how well does it tally with an individual investor’s financial g oal. Once the same is established and the fund category is selected the investor should focus on the following key elements:
was as true for oil prices, which, besides defying gravity, have upset the budgetary calculations of millions of households across the world; not to mention bringing entire governments to their knees. When oil prices breached the $110 mark, analysts were of the opinion that prices would stabilise themselves as consumers would abstain from consumption as soon as they feel the pinch. Those analysts have been caught on the wrong barrel... er... foot, since oil prices are now touching $130, and a super spike to 200 is now considered possibile.
fetched when he went under the hammer; Andrew Symonds went for $1.35 million, while the others went for similar hi-flying, though under-a-million sums; Sony Entertainment Television-World Sports Group combine pocketed the 10-year telecast rights for IPL at a mind-numbing Rs.40 billion. And that’s just for starters. The Indian Premier League (IPL) has kicked off a nuclear chain reaction of sorts, with not only the incumbent businessmen (read: franchise owners like Mukesh Ambani, Vijay Mallya, Shahrukh Khan, etc.) raring to make multi-million dollar profits, but even spawning off an entire list of ancillary industries that are betting on making more than just a quick buck off the ongoing IPL craze. Be it the advertising business, restaurants and eating joints, the sports goods & apparel industry, almost every related sector is grooving to the beats of India’s biggest sporting spectacle ever.
companies seem to have taken the statement too seriously as they chalk out massive plans to make a fortune from pharma retailing. Starting from Ambanis and other retail rajahs to pharma majors like Dabur, all are betting huge on the country’s most promising sector. But for them, it’s a recently developed penchant and even today, most pharma retail plans rotate around north India. So what about south India? Well, for them too, the storyline lacks no punch. And there is one hope that changed the direction of retail winds towards Kanyakumari; a young doctor from Hyderabad who felt the need to introduce organised retailing of medicines in south India. With such a mission and bucked up with his business knowledge (an MBA from Wharton School of Business), a fine summer morning saw Madhukar Gangadi rolling out MedPlus.
tycoon, Richard Branson launched Virgin Mobile services in India (in collaboration with Tata Teleservices), marketers and industry veterans left no opportunity unutilised to scoff at him. At a time when all existing operators are pursuing a similar strategy of getting as many subscribers as quickly as possible, Virgin shocked veterans by targeting the 550 million strong niche of Indian youth instead. Prasad Narasimhan, CFO, Virgin mobiles, shares, “We target youth as they talk twice as much and SMS thrice as much. They are also the first to adopt any value added service.” Branson has found his niche in the otherwise mass marketed wireless communication sector. He is catering to that segment within the mass which is likely to spend on data based mobile services (where the future of telecom services lies) and drive big moolah into his bank account. With half a dozen more telecom players to debut in the Indian landscape, aiming at a niche audience can actually prove to be the winning strategy, given that the mass strategy has already been deployed and won by the likes of Airtel, Reliance, Vodafone and BSNL in any case.
‘what lies beneath’ and ‘what’s on surface’ the time has come to get a hang of ‘what lies ahead’. Amidst the rollicking PE investments that are sweeping various sectors of the Indian economy, one truth stands out for sure – the ‘sunrises’ of today might be the ‘twilights’ of tomorrow! And as we say this, we dare to add the natural truth that most definitely, some new sector(s) will lead the lap in the race to woo investors. Here’s a primer…
telecom infrastructure business. Our strategy to create a separate company for infrastructure businesses has resulted in tremendous unlocking of value for over two million RCOM shareholders. RTIL, as an independent telecom infrastructure provider, has significant growth potential and is on track to become the leading player in India. RTIL will be listed in the future and provide investors another attractive opportunity to participate in India’s incredible telecom growth.” RTIL has already filed the draft Red Herring prospectus with SEBI and would hit the capital market soon to raise an expected Rs.6,000 crores from the public.
stock movements. Don’t fret and put undue stress on your grey cells, for now you can know the stock movements while driving! Confused? We’ll explain. The Telecom Regulatory Authority of India (TRAI) has finally given the green signal for the FM channels to broadcast news on their respective stations. So now, not only the stock movement, but you can also tune in to the latest happenings in the political and business world, with just a flick of the radio channel.