Parties supporting Abu Salem’s candidature are contemptible

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I am a true Indian and given a chance can change the path of any tempest, will save the country and make it prosper,” sounds like the words of a politician. Well, guessed it wrong! It’s a slogan coined by the dreaded don – Abu Salem – who seems geared up to contest the coming assembly elections in UP. Currently lodged in a Mumbai jail for his alleged involvements in the 1993 Mumbai blast, over 20,000 posters of white-kurta clad Salem are pasted all over his hometown, Azamgarh. Posing as a follower of Gandhian principles, Salem has been able to win a few followers who unintelligibly garble up that he is fighting elections from his own place and till now the case against him has not been proved.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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The move by IIMs to tie-up with NIIT, to offer executive management programmes, is clearly puerile

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Perhaps the most clichéd saying in the education sector is, ‘It’s better to have no knowledge than half the knowledge’. In their obstinate attempt to prove the above statement right... or wrong (take your pick, both choices seem as banal), the IIMs at Ahmedabad, Calcutta & Indore have shoved it upon themselves to offer management programmes priced between Rs.54,000 and Rs.1,94,000 from October 2006, to working executives using computer-based distance learning modules through NIIT Imperia, a joint alliance with NIIT Ltd. And in their frenetic impatience to reach the market, six Centres of Advanced Learning have already been opened at Mumbai, Delhi, Chennai, Bangalore, Hyderabad and Kolkata somehow. Not surprisingly, this “proactive” IIM move to spread education has been much criticized by various educationists & analysts on clearly visible anomalies.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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We are waiting for Zune & Vista!

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Microsoft ’s revenues for the first quarter, ending September, increased by 11% to touch $10.81 billion. Operating income for the quarter stood at $4.47 billion; an 11% increase compared to that of $4.05 billion in the corresponding period the previous year. Strong ‘server & tools’ sales helped Microsoft to post double digit growth in both top-line and bottom-line. Microsoft pegged Q2 revenues in the range of $11.8 billion-$12.4 billion and operating profits at $2.9 billion-$ 3.1 billion in its earnings guidance. Microsoft ’s next big bet will be on Zune, which is positioned against Apple’s iPod and will hit the markets on November 14, while Windows Vista will finally reach consumers in January next year after a series of delays.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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Credit counselling must be adopted

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The competition in the counseling business is set to get hotter, as banks too are planning to a make a foray into it. Well, the business is not of career or management counselling (as one may think of), rather it is quite unusual, unheard yet – credit counselling – that will help people in making fiscal assessment of their own and guide them accordingly to raise money from the bank. Taking a pro-active approach, Bank of India, the country’s sixth largest bank in terms of assets, has decided to set up counseling centres to assist the bank in reducing the instances of NPAs. The counsellors will caution customers from getting over leveraged. Although Y. V. Reddy, Governor RBI, has also appreciated the concept, “Credit counselling offers solution to current financial problems and creates awareness about the costs of misusing of credit,” there are lot of issues that still need to be tackled.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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