Friday, February 12, 2010

General gets lost in electoral labyrinth

Though the wily politician has outsmarted the war horse in the battle of democracy, rajapaksa has to handle acute ethnic polarisation. Saurabh Kumar Shahi explores other probable fallouts of the sri lankan polls from Colombo.

Sympathy and an army general do not cut a very feasible combination. However, you can not actually help but sympathise with General Gardihewa Sarath Chandralal Fonseka. Imagine his plight. Less than six months ago, he was riding on the euphoric wave that erupted following the annihilation of LTTE. He was venerated along with President Mahinda Rajapaksa. The then Indian NSA, in one of those moments where Indians are known to let their tongue and not the mind do the talking, proclaimed he was the best army general operating in the Milky Way. Then Fonseka did what many, who don’t know how to handle veneration, do; he decided to take on the President and his political family in hubris.

Six months later, filing my story from the media centre at the Department of Information Building in Colombo, I can’t help but extend my sympathy. He has lost the election, the veneration and much of his face all in one go. On the sites displaying minute by minute results, comments are pouring in. One T P Ranadheera writes from Pennsylvania, “You lost everything General: serves you right. Come to Pennsylvania with your Green Card; I might help you land a job at some filling station.” Ouch. That should hurt.

The final results are out and the incumbent Rajapaksa has scored a landslide victory, garnering 57.88 per cent of the votes polled. The General has tallied 40.15 per cent. As expected, the incumbent has done marvellously in South and Central South areas where most of his constituent — Sinhalese rural and semi-urban class — resides. Similarly, as expected, Tamils, Muslims and Christians; as well as the urban middle and upper middle class among Sinhalese have solidly been behind Fonseka. The General has won the Northern districts of Jaffna and Vanni as well as Tamil and Muslim-dominated Trincomalee & Batticaloa in the east. He has also managed to win in Mannar, again Muslim-dominated, and Nuwara-Eliya, which has a sizable population of Plantation Tamils (different from Jaffna Tamils).

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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

Doubts persist

What is most shocking is the astonishing network of interests that Dr Pachauri has built around the world (see info-graphic). He is on the boards of various companies, NGOs, institutions and banks. As a chairman of IPCC, this certainly creates conflicts of interest. He had been member of the Board of Directors of IOC, ONGC and power company NTPC, which are India’s largest public sector companies. They contribute to the increasing carbon footprint of the country. Pachauri-led TERI also floated OTBL (an ONGC-TERI joint venture company). Pachauri said, “I have made my position very clear already. The decision was taken at the behest of ONGC itself. I wasn’t even present in the board meeting in which this decision was taken.”

Pachauri has interests in several companies and organisations that either benefit from the global scramble to counter climate change or are actively involved in businesses that have giant carbon footprints. He established an oil company in the US, GloriOil, which is in the business of exploiting fossil fuels for profit.

Moreover, Pachauri never divulges anything about the Tata group’s role in TERI. In fact, TERI says through a press release that Tata group has no relationship with it. This disregards the fact that TERI was known as Tata Energy Research Institute till sometime back. And of course, TERI was founded by Tata chemicals – this is a fact TERI now accepts.

Former minister for petroleum and natural gas Santosh Gangwar had complained in writing about TERI getting into a joint venture with ONGC even when Pachauri was on the board of the public sector company.

TERI was the preferred bidder for Kuwaiti contracts to clean up the mess left behind by Saddam Hussein in the country’s oilfields. The $3 billion contracts were awarded by the UN. Pachauri has also been appointed the head of Yale University’s Climate and Energy Institute, which receives millions of dollars in US state and corporate funding. Interestingly, none of these organisations publish data related to remunerations paid to Pachauri.

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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

Big stars + Small screen + Side shows = Mega bucks!

With Abhishek Bachchan’s television show “Bingo” debuting this week, Monojit Lahiri focuses on the amazing, new wave of revenue-generation streams that have suddenly gripped Bollywood!

Once upon a time, not long ago, stars dazzled bright only on the skies – and our B-town stars, only on the silver screen. They were our gods and goddesses, luminous deities who mesmerised, transfixed and transported us to a never-never land of happy-ever-after! In the troubled, busy and confusing times we live in, these stars, with their spectacular and larger-than-life glamour and feel-good quotient, showed us the light, inspired hope, consistently – in their own filmy way – demonstrated virtues victory over evil and generally distracted us, entertained us, gifted us an alternative reality that engaged, enchanted… even empowered! In the India we live in, entertainment is Bollywood and Bollywood is stars; creatures who are elusive, whom you see but can’t touch or connect with; dudes and dolls you read about, gossip about, fantasise… Their charm lay in the fact that they were out of bounds, inaccessible, off-limits to the howling mobs.

Suddenly, in recent times, this concept has taken a U-turn! The big, sexy, glamorous, unattainable movie star defined by magic and mystique now comes to entertain you, every night, free of charge, on… the idiot box! From Big B, SRK, Salman Khan to Akshay, Ajay Devgan & Kajol, Preity Zinta, Rani Mukherjee, Urmila Matondkar, Raveena Tandon, Sushmita Sen, Sonali Bendre, Malaika Arora, Rakhi Sawant… they are all hitting the TV screens in droves! Why? In Hollywood (a place the complex-ridden Bollywood is constantly yakking about) – neither TV endorsements, TV anchoring or ‘special’ (insanely lucrative) appearances at product launches, event openings, concerts or big-ticket weddings happen. So what’s going on? Why this desperate sell out? Aren’t they scared that this insane and all-pervasive exposure will hurt their brand equity as stars?

Longtime film tracker, Ashish Paul laughs away these contentions. “Film stars of yesteryears – 50s, 60s, even 70s – resided in a different world. Commercialism, consumerism and media-driven activities didn’t exist. It was a sweet, cosy, protected space with very high comfort levels. The advent of TV, but more critically the opening up of markets post ’91, changed all that. This coincided with Bollywood getting bigger and more powerful as an undisputable pan-India – even global – brand. Very soon, along with cricket, it became the new religion, the great leveler, a seductive common factor that – despite caste, creed, language, colour, religion, region, culture, even country – bound all! It’s natural, hence, that today’s star kids (smart ‘n’ savvy that they are) will participate, even drive this new revenue generation stream. As for compromising on their ‘exclusive’ tag, I don’t think they give a damn! The amount of money they earn in these shows against the time spent, makes it a delectable fast buck option! Victor Banerjee (of “A Passage to India” fame), however, doesn’t agree totally. He believes that traditionally, there has always been a distinct divide between TV stars and movie stars, each ruling their own defined space. “Hollywood still maintains it and apart from the odd exception doesn’t dream of indulging in any of the crazy trade-offs that blitz the scene here. For a very long time I resisted TV work. It’s only when nothing worthwhile was coming my way in the movies that I started doing TV serials. Ads, anchoring or special appearances remain – mostly – a no-no! There’s a limit to commodification! Everything in my life is not up for sale!”

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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 05, 2010

Cavo Tagoo Hotel, Mykonos

Make your trip to Mykonos even more memorable with your stay at the Cavo Tagoo hotel. A unique luxury hotel, Cavo Tagoo sits pretty on an impressive cliffside, near the town of Chora, overlooking the Aegean Sea. Unparalleled hospitality, state-of-the-art facilities, and an ideal location is what sets the Cavo Tagoo apart in comparison to the other hotels in its league. The hotel lives up to its reputation as the Top Resort hotel, earning 1st Prize of Applied Architecture in the Aegean Sea Region, and is also the winner of 10th International America Award for Quality 1998. Pamper yourself at the hotel’s spa centre or burn that flab away at the hotel’s fitness centre. Indulge in the delicacies served by the Tagoo restaurant or revitalise yourself with a swim in the indoor swimming pool. With all this and more, Cavo Tagoo is unarguably ‘The hotel’ to be in.

The view : Enjoy a quiet evening gazing across the breathtaking panoramic view offered by the hotel and enjoy the jet-setting vibes of Mykonos.

Archi type : Cavo Tagoo exhibits a blend of Mykonian architecture with a contemporary flourish. The hotel has an exquisite setting of whitewashed walls, blending effortlessly with its Cycladic surroundings, sleek lines and imposing designer urns in shades of the Aegean.

Bon appétit : Enjoy spectacular sunsets from the pool-side restaurant while you savour the delicacies on a platter. The restaurant serves a distinct Mediterranean cuisine, Greek specialities and also has a sushi bar.

Around the corner : The hotel is ideally located at a stone’s throw distance from the Mykonos town. The retreat proves to be an ideal base for shopping, beach visits and the town's famous nightlife.

From under the carpet : Since the hotel is located between the old port and the new port, where cruise ships anchor, the noise levels in and around the hotel can be a bit of botheration.

In essence : The hotel combines state-of-the-art facilities with versatile service in a caring environment... truly an exotic experience for its guests.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

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Monday, February 01, 2010

Can India be Mine?

Global leaders have somehow found it difficult to crack the indian market. can the 'quality' icon find a way to emerge as a powerhouse in one of the fastest growing auto markets? By pawan chabra

When the going gets tough, the tough gets quirky! Don’t believe us? Check out the New ‘special red’ colour of the Toyota FT-86 coupe. It is a special red, called shoujyouhi red, and is inspired by the traditional red colour of a Japanese monkey’s… err... backside!

With General Motors filing for bankruptcy under Chapter 11 and registering falling sales numbers month after month, it paved the road for Toyota Motor Corporation to become the world’s largest automaker. But humbling Detroit is passé. In the midst of recession, Toyota itself is looking for a generous dose of inspiration. It’s new President Akio Toyoda has in fact been extremely self critical of the manner in which his company seemed to have lost its ability to put some excitement into its products. He even went on record to state, “It is us – the automakers – who have abandoned our passion for cars (refusing to blame the customers for the decline in sales and profitability in US).” The FT-86 coupe perhaps is an interesting effort in terms of re-igniting that passion!

Year 2008 saw major ups and downs in the global standings of automotive companies. In fact, the year gone by saw many giants literally on their knees. Be it GM, Chrysler or Ford, all three Detroit leaders drove through the bumpy road with a lot of hiccups. However, the scenario was equally bad at Toyota, Japan as the company was also moving forward in a state of discomfort; accounting for negative growth month after month on a yoy comparison. In fact, the company has already forecasted a net loss of $5 billion (Rs.232.5 billion) for the year ending March 2010 after it posted a loss of $4.4 billion in 2008-09, its first in 71 years. Nevertheless, experts still swear by the company’s quality standards and its ability to fight back.

Besides re-igniting a passion for great cars, Toyota seriously needs to re-ignite its passion for futuristic markets like India. The company’s Indian arm, Toyota Kirloskar Motors (TKM) is the most trusted brand for quality in the Indian automotive industry.
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 :-