Wednesday, October 21, 2009

Indian democracy - Mandate for Peace

It is perhaps only in a democracy such as India that such a sight is possible: gun-toting militants making ‘peace’ with the government and joining the mainstream, their sins washed away in an instant. It is rampant in India’s northeast and other parts of the country.

The debate is unending. “Democracy here exists only in name. Ambedkar’s vision of a federal India was ruined by the Congress,” says Prabal Neog, leader of the 28th battalion of the United Liberation Front of Asom (ULFA). “Our democracy may not be perfect,” counters HN Das, general secretary of the Assam Congress, “but let’s not forget Assam went back by 20 years because of ULFA.”

But no matter what, there is again that familiar sight on television, of more speeches and promises, followed by that serpentine queue at a polling booth. Nameless faces, still grieving over failed revolutions, will vote… It’s India’s undying mandate for peace.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Wednesday, October 14, 2009

Celebrating death - Death is deliverance

Is death pain or a deliverance? Visit ‘Khashi Labh Mukti Bhavan’ in Varanasi. People from across the country come here to die. In the end they celebrate death. No doubt during those last moments, there will be anguish. But, more than that people believe that death is liberation. Liberation from this world. In the last five decades, more than 20,000 people have attained ‘moksha’ in Mukti Bhavan. Shuklaji, the manager of this place, says “Here we celebrate death like birth.”
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Thursday, October 01, 2009

MADURA GARMENTS

In India, amidst most successful apparel brands, Madura Garments stands tall
First things first! Madura Garments is the market leader in Branded Apparel in India. Some of the famous brands that come under the umbrella of this company include Louis Philippe, Allen Solly, Van Heusen, SF Jeans and Peter England – all of which have achieved considerable success in their segments. In recent times, the company was instrumental in launching the international brand “Esprit” in India. They are also planning to bring Giorgio Armani to Indian shores. Over the last year, the company undertook an initiative to move from being a ‘wardrobe brand’ to a ‘lifestyle brand’. In line with this strategy, they have forayed into footwear and men’s innerwear for brands like Van Heusen, Peter England, Louis Philippe and Allen Solly (which also offers women’s wear). They have extended two of their brands – Peter England and Allen Solly into jeans wear, besides launching a range of‘ Luxury Linen’ semi-formal wear under Louis Philippe.

Source : IIPM Editorial, 2009
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Tuesday, September 29, 2009

Europe's fret is US' greed

Is fining US firms deliberately reflecting it’s insecurity?

Rules are meant to be broken. Well, this might be a famous aphorism in Asia but aptly inapplicable in Europe. Europe is a classic example which, on one hand, can attract big MNCs but on the other hand, can be too harsh on them when they indulge in fraudulent activities or bribery. Apparently, it is unique in itself in treating the MNCs.

The case of Microsoft is a famous one. The IT giant was heavily fined when it failed to meet the regulatory norms set up by the European Commission (EC). In 2008, the antitrust regulators fined a whopping $1.3 billion for not being able to comply with the antitrust laws since 2004 and thus bringing the total amount of fines on Microsoft to a gigantic $2.5 billion. In 2009, EC imposed a fine of $1.45 billion (£1.06 billion) on American giant, Intel Corporation on the ground that illegal anticompetitive practices of Intel would harm the continuation of a healthy competitive market. The EC, in fact, has gone unique in this century with its antitrust activities. It fined Archer Daniels Midland, along with 13 other leading pharmaceutical companies, which the EC suspected were seeking to control the European vitamin market. The most horrifying one was when EC blocked the $43 billion merger deal between General Electric and Honeywell on the ground that American firms are targeting and buying European firms to retain their growth. Surprisingly, the deal was allowed by the US regulators.

Recently, BAE Systems, an European giant engaged in the development, delivery and support of advanced defence, security and aerospace systems, has been given a deadline this month to negotiate with the Serious Fraud Office (SFO) for being allegedly involved in bribery in relation to the sale of aircrafts and air defence equipments to Czech, South Africa and Tanzania. This would mean that if BAE systems fails to negotiate with the SFO, as the director Richard Alderman avowed, it will end up paying a fine of millions from the £2.5 billion-plus contracts with these countries.

The region has always been a bright prospect for MNCs since decades. It is flooded with Foreign Direct Investment inflows. With new opportunities, South-eastern Europe as well as Commonwealth of Independent States are becoming more attractive. According to UNCTAD, these states attracted around $69 billion dollar foreign investments in 2007. The region is further attributed with one billion consumers.

Though fining MNCs is not a new phenomenon, it's unique way of treating MNCs is giving scope for debate. Undoubtedly strictness proves that the region is having stringent regulatory framework but sometimes its over-reactive regulatory approach seems to be biased against foreign firms, especially Americans. Many a time, American firms are ending up to be victims of Europe's strict regulation. It has also been witnessed that Europe often ends up debating the US vs Europe on issues like the GM crop. The US too fined £500 million to German's Siemens for bribery. However, fining the BAE system indicates that laws are common for all in Europe but the examples of Microsoft, Intel, GE and others epitomize that Europe is apprehensive of American firms and their aggressive approach. Does it mean that Europe is insecure? Hard to conclude but still debatable.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Friday, September 18, 2009

The High Priestess of Bollywood

Sharmila Tagore, who was on the distinguished jury of the Cannes Film Festival in May, feels our cinema needs to grow up. By Subhash K Jha

You were a member of the jury at Cannes; what do you think of the way Indian films are represented abroad?

You know our cinema has a captive Indian audience. But I don’t think we’re pushing the envelope to compete with the best of global cinema. Where are the really brilliant world-class filmmakers after Satyajit Ray and Adoor Gopalakrishnan competing at Cannes or Toronto Film Festival? I know Bollywood producers make a noise about going to Cannes and other international forums… The films I saw at Cannes were bloody realistic. Here in India we make films which convey a softer realism. I think Nandita Das’s film “Firaaq” could’ve gone to Cannes, or earlier, even Sheetal Talwar’s “Dharm”. Manikada (Ray) always used to ask, "What is the West’s compulsion to understand us?" They don’t have any compulsion. Sanjay Leela Bhansali’s “Devdas” was shown at the opening night of Cannes. That was a huge honour for us. But if we want to compete with the West at Cannes and other international platforms, we need to become a global player and make the kind of films the world is resonating to.

You feel that the Bollywood formula is no good abroad?

The Indian formula works fine for the Indian audience. As an Indian actor for fifty years I’ve got it pat. I know exactly what would attract and repel the audience. But in the global cinematic context, I don’t have to look so pretty. Look at the ads in England. They aren’t celebrity-based and the models are often ordinary people. But here, look at how over-dressed the characters are even on television soaps. Glamourisation on screen is passé now. Everyone was talking about Anurag Kashyap’s “Dev D” in England.

How was the experience at Cannes?

We, the jury members, interacted on three levels… the man-woman, director-actor and East-West levels. The films this time had a lot of violence and sex, and a lot of homosexuality as well. It’s interesting to see cinema from different countries and cultures resonating with similar themes, emotions and even technique. There were some really out-of-the-world films… some wonderful, some weird, but all very interesting. There was a kind of divide among the men and women in the jury over certain movies. There was consensus only over the Palm D’Or. Otherwise we were sharply divided. We all brought our different sensibilities and culture to the table.


But it must have been tiring?

If you are a member of the jury at Cannes, you are royalty. From the time I disembarked I was looked after completely. All you’ve to do is surrender to their hospitality. There were two films to be seen every day. The average length of films this time was relatively long, most of them beyond two hours. There was a difference of opinion over the films. Also we found the performances ofor the female actors to be better than the male actors. We found the actor Tahar Rahim in “A Prophet” to be outstanding, but the film got the Grand Jury award and so we couldn’t give the boy the Best Actor award. On the other hand, the actor Christoph Waltz, who got the Best Actor award, was stunning in a terrible film, Quentin Tarantino’s “Inglourious Basterds”. Some jury members felt Tarantino’s film had a lot of gratuitous violence, and no award should go to it because an icon like Brad Pitt was propagating so much violence.

We recently saw you playing a cameo in the Bengali film “Antaheen”.

At my age it’s good to be part of a good script. I’d like to work with young directors who know their work. I like being part of a realistic film. We’ve been an insulated cinema for too long. We don’t view any world cinema in this country. Where are the Rays and Kurosawas today? Everything is so in-your-face in today’s cinema. I came back from Cannes with renewed respect for Ray and Adoor. I am really sorry to say there’s no one like Ray. He made films that will live on forever.

Your tenure as a chairperson of the Censor Board ends soon. Would you consider another tenure?

I think they should look for someone else. Change is always welcome. The new government has now settled down. I’m sure they’ll take the right decision.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative