The Mauritius Institute's Museum of Natural History

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Parts of town and the monuments present, including the original Government house, the most ancient theatre of the Indian Ocean and the museums (the Mauritius Institute’s Museum of Natural History holds in exhibit the now-extinct dodo, a bird known only to have inhabited this island country) that lie a pleasant stroll away. In stark contrast to the contemporary ambience that Port Louis teems with is the Chinatown located in the old city.

I agreed with Youssef for once, for the language I heard truly resonated as Greek, leaving me equal parts bemused and bewildered! The blazing heat, assorted vendors peddling their wares and the tangy aroma of spices wafting through the air made evident the reasons why this area has been christened such. And as the baptism of destinations goes, our next boasted an exceptionally curious name indeed. Mention of Curepipe – where Youssef informed we were headed – resulted in my piping up and quizzing my garrulous guide: “Is there a

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

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Rising Fuel Prices

Though analysts are quoting that rising fuel prices would be the chief reason for Grupo’s BAA fling crashing down, the fact is that IATA has forecast air fares will, in reality, drop by 1% per annum over the next decade (IATA estimates). Of course, while rising global fuel prices have made the aviation industry’s operating costs rise up to 22% of total costs (from 13% in 1995), OECD statistics testify that oil prices will stabilise at lower levels over the next decade. Also, and most promisingly, IATA has forecast increased profits, for the industry in Europe (with $1.3 billion projected for 2006).

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Source:- IIPM-Editorial, Editor:- Prof. Arindam Chaudhuri - 2006

DEPT WRITE OFF

Research and publication, IIPM-Knowledge Centre

If the company is reluctant to commit to a timetable, the candidate may prefer the safety of a present position, than the risk of an uncertain promise. Additionally, the company must compete for talent not only with other firms searching for COOs, but also with companies searching for CEOs. As the number of CEO opportunities rises, the COO talent pool shrinks. And potential COO candidates, who have the ability to be a CEO from day one, often prefer to wait until that day comes. Despite these challenges, there are some things you can do to increase the odds of a successful search for a COO who can eventually succeed the CEO:

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Source:- IIPM-editorial,

Editor:- Prof. Arindam Chaudhuri, 2006

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Tour De Lance!!

What we do in life, echoes in eternity…
Talent, as is often surmised, does what it can whilst genius ordains that which it must. Memories of the vanquished left by the wayside are not savored by afi cionados. Indeed, it is the champion who captures our imagination in ways unenvisaged possible. There is something about watching heroes arise phoenix-like from the ashes that makes us wait with bated breath, and so it was why I chose to be with Lance Armstrong. In a manner befitting his nomenclature, he jousted with all the obstacles that some cosmic evil deemed fit to litter his path with and trounced them all with aplomb that only the truly valiant possess.

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Source:- IIPM-Editorial, Editor:- Prof. Arindam Chaudhuri - 2006

Ministry of Love and Ministry of Truth

A potboiling portrayal of the monstrosity of man-induced utopia is in order (disorder??) as I journey to my final destination for the time – to a chamber of doom in George Orwell’s 1984 – hapless onlooker to the execution of Winston Smith, in a despotic, authoritarian world split into the three super-states of EastAsia, Eurasia (formed by Russia devouring Europe) and Oceania (created by the United States engulfing Great Britain). I learn that Smith was once an official of the ‘idealistic’ system of governance in London, increasingly dissatisfy ed with the draconian measures of the Government, with its various ministries that redefi ned irony in their manner of operation – the Ministry of Peace that instigated war, the Ministry of Plenty that apportioned food, the Ministry of Love that inflicted atrocities on alleged ‘criminals’ and the Ministry of Truth – that doctored records to uphold the ‘fair’ judgement of the Government.

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Source IIPM-Editorial,2006

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Elerror De Diciembre

Whether it was a “mistake of December” or not, it did lead to the downfall of peso (the official currency of Mexico) – to the extent that the downfall became one of the most dreadful crisis in Mexico’s history. After being tattered by crisis during eighties, Mexico’s move towards free market economy left the country in a situation that made its currency more vulnerable to external shocks. And to cope with these external shocks, the floating band of peso was widened; it led to a 15% devaluation. And to aggravate the situation further, the peso was allowed to float freely against the dollar. This resulted in a capital exodus, exacerbating the fall of the peso to unprecedented levels.

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Source IIPM-Editorial,2006

Mumbai: 1 motive, 200 dead (IIPM-News)

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It was cold revenge at its diabolic worst. Thirsting to get back after the 1992 demolition of the Babri Masjid and the anti-Muslim riots in January 1993, a group of militants guided by Dawood Ibrahim set off serial blasts in March 1993 in Mumbai, India’s financial capital. At least 200 people died and 800 were injured after 13 bombs exploded within 75 minutes of each other across Mumbai. The first bomb went off at 1.25 pm at the Bombay Stock Exchange. The blast occurred in the basement garage and blew up more than 30 cars and shattered windows. The Air India headquarters was bombed, as were the Bank of Oman , government offices, banks, cinemas, bazaars, two hospitals, a university and several hotels. The attacks on Mumbai were seen as retaliation for anti-Muslim riots in the city two months earlier, in which left more than 500 people died and over 40,000 left the city. The blasts divided the Mumbai underworld with Hindu dons parting from Dawood and swearing revenge for targeting Hindus.

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Source IIPM-Editorial,2006

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