Over three and a half decades ago, a man, then in his mid-thirties, challenged the convention and decided to change the way management education was taught in India. Despite skepticism, Dr. Malay Chaudhuri walked the talk and went on to establish The Indian Institute of Planning and Management in New Delhi in 1973. With no aid from the government, no sprawling campus or an infrastructure to die for, the man was driven by a passionate zeal and self-belief to offer the most intellectually stimulating management curriculum ever designed in India. His dream and his vision have given shape to a phenomenon called IIPM - which today stands tall across18 Indian cities and is regarded as the most globally networked B-School in the country, having academic engagements with the likes of University of Cambridge, University of Virginia, University of California at Berkeley, amongst others.
Yet again, the same man has now decided to challenge the veracity of the Nobel Prizes by announcing the Rabindranath Tagore Memorial International Prizes – an award that he envisions will surpass the Nobel Prizes not only in terms of prestige and popularity but also in terms of the prize money, in times to come.
The first award would be declared on October 2nd, 2011 and would be conferred in the first week of May 2012, on the day of Tagore’s Birthday (25th Baisakh as per Bengali calendar). The award is primarily instituted in the field of People Centric Economics/People Centric Management to highlight and honour Marxian economists/management experts who have passionately researched (and are still contributing) in the areas of economic growth across every social class through distribution of national income. These economists, of the likes of Maurice Dobb, Oskar Lange and Joan Robinson, have been deprived of due recognition by the capitalist Western world. Dr. Chaudhuri hopes to extend the Rabindranath Tagore Memorial Prizes in two additional categories – Literature and Peace – as on past occasions in numerous global forums, various undeserving candidates have been felicitated within such categories.
Yet again, the same man has now decided to challenge the veracity of the Nobel Prizes by announcing the Rabindranath Tagore Memorial International Prizes – an award that he envisions will surpass the Nobel Prizes not only in terms of prestige and popularity but also in terms of the prize money, in times to come.
The first award would be declared on October 2nd, 2011 and would be conferred in the first week of May 2012, on the day of Tagore’s Birthday (25th Baisakh as per Bengali calendar). The award is primarily instituted in the field of People Centric Economics/People Centric Management to highlight and honour Marxian economists/management experts who have passionately researched (and are still contributing) in the areas of economic growth across every social class through distribution of national income. These economists, of the likes of Maurice Dobb, Oskar Lange and Joan Robinson, have been deprived of due recognition by the capitalist Western world. Dr. Chaudhuri hopes to extend the Rabindranath Tagore Memorial Prizes in two additional categories – Literature and Peace – as on past occasions in numerous global forums, various undeserving candidates have been felicitated within such categories.
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the world - be it its hyped space missions, interference in world diplomacy or booms or bursts in its economic activities. Even President Obama, recently, grabbing the Nobel peace prize surprised many while flabbergast the rest. Congratulations to him for his noble intentions and most importantly his ability to convince people across the border, though people are still waiting to see Obama and his administration working effectively other than making frivolous speeches. Moreover, the trend of healthcare ad spending in the US is going to shake rather shock the world. Surprisingly, Obama is giving more attention on how innovatively and effectively he can convince people to accept the plan rather how innovative and effective the plan actually is!
urban and local bodies and state governments to stay away from public broadcasting. The regulatory authority has recommended that political & religious body and the state governments should not be allowed to run and own broadcast outfits like cable, DTH, TV channels et al. Those who are already involved in such business should plan to phase out in another three to four years. The recommendations, if made binding by the government, will surely benefit the broadcast industry as the involvement of such parties in the business has put a question mark on the integrity of the medium. There have been debates on the issue raising concerns that such involvements may lead to the misuse of the medium to fulfil the political and other considerations of the party in concern.
Forbes Asia’s ‘Fabulous 50’ list is out, and there are 12 Indian companies in it! Bharat Heavy Electricals Ltd. (BHEL), Bharti Airtel, Grasim Industries, HDFC Bank, ICICI Bank, Infosys Technologies, Larsen & Toubro, Reliance Industries, Satyam Computer Services, Tata Consultancy Services, Tata Steel and Wipro, all figure. India has managed to secure 12 places, while Taiwan is next with 10 and China with seven. Only companies with revenues or market capitalization of at least $5 billion and a fiveyear record of operating profitability and return on equity are considered for this listing. Its criteria include long term profitability, projected earnings, sales and earnings growth, stock price appreciation etc.. Fabulous 50 list will be out in September 17 issue of Forbes Asia.
