Monday, December 22, 2008

Where Assam failed, Meghalaya and Arunachal Pradesh set an example in stemming the tide of illegal Bangladeshi migrants

States in the northeast, the worst affected by the Bangladeshi problem, have often shown varying and sharply contrasting responses to the migrants problem. The Assam blasts had been claimed by the Islamic Security Force (Indian Mujahideen), which is believed to have among its ranks illegal Bangladeshis from the northeast. Strangely, Assam’s Congress government has for weeks now, been in the dock, blamed for trying to place the blame on militant groups like National Democratic Front of Bodoland (NDFB) and the United Liberation Front of Asom (ULFA), to avoid displeasing its alleged Bangladeshi votebank in the state.

Meanwhile, Meghalaya and Arunachal Pradesh continue to explore every legal provision that could help them detect and flush out illegal migrants . “Our legal provisions are such that even Indian citizens are not allowed to settle in the three autonomous councils that we have in the state,” HS Lyngdoh, Meghalaya deputy chief minister told TSI. “So where is the question of allowing illegal Bangladeshi migrants to settle in our state?”

Meghalaya has for many years now a check post at Jorabat, on the Assam-Meghalaya border, where police routinely picks suspected illegals from interstate buses. “It’s a deterrent,” says Meghalaya IG (special branch) Dr SB Singh. And how bad is the situation in Meghalaya? “It’s much more comfortable than in Assam,” says Singh. Expectedly, the state is now upset with Assam because of its failure on the Bangladeshi front. “We have check posts on every road coming into the state,” says Lyngdoh. “However, given the fact that we have a border dispute with Assam, we do not have a border so to speak with the state in many forest areas, which, therefore, are beyond our control. Once our border is sorted out, we will handle the problem there as well.” As a lot of illegals allegedly get their identity papers made in Assam, Lyngdoh said that such papers would not be accepted in Meghalaya.

Fearing a situation such as Assam, where illegal Bangladeshi nationals now dominate a number of districts, groups like Hynniewtrep Achik National Movement (HANM) and the Meghalaya Progressive Alliance (MPA) have been demanding stringent measures against Bangladeshi illegals in that state.....Continue

Thursday, December 18, 2008

Spot of bother

Astronomers have discovered something odd in the night sky. Millions of stars are racing at high speeds toward a single spot in the sky. The whys and wherefores of this cannot as yet be explained, simply because researchers don’t know what it is that is pulling so many galaxy clusters towards it. That is why they are calling it ‘Dark Flow’. Another mystery to ponder over about outer space....Continue

Wednesday, December 17, 2008

Astro-psephology: who will win?

LaxmanDas Madan

"Congress in gloom, Lotus may bloom"
The elections dates and date of results are quite unfavourable. Serious violence is likely to erupt. Besides the large number of complaints about illegal activities and corrupt practices. Interestingly, Mayawati will not only lose ground, these elections might see her in deeper trouble.

Congress: In the Dasamsa chart of Congress, the stars will find it difficult to sustain their existing strength. The transit of Mars and Sun from the eighth house from the Moon shows that Congress will be accused of malpractices and face embarrassing developments. BJP: The sub-sub period of Ketu in the main period of Venus and sub period of Mercury will operate from November 11, 2008, to January 10, 2009. This coupled with other planetary movements are likely to benefit the party. LK Advani was confident and hopeful even during the negative period of Rahu, which ends on November 29. During the state elections, his Mars and Sun will remain in the ascendant and Jupiter will transit the second house, strengthening the BJP.....Continue

Saturday, December 13, 2008

For world 'piece'!

Since the last week of August, Russia has been consistently visible across the news spectrum, especially amongst the western media, facing brickbats from various critics and analysts. Russia’s decision to recognise the independence of Abkhazia and South Ossetia has not only annoyed many developed countries but has also raised the age old latent question: Is cold war over?/ Does this mark the revival of Russia?/ Is Russia indirectly challenging the super power(s)?

The in-depth analysis of the latest 'Russian Doctrine' makes it evident that she is preparing both mentally and militarily to face her obvious enemy. Russia knows very well that she needs to work on her core strengths (world’s leading oil and gas supplier) that shall not last till eternity and may exhaust very soon. The nation is also facing a problem due to a decrease in population, a majority of which are migrants and not Russians. Presently, only 70 per cent of Russians constitute the country's military. To make matters worse, it is estimated that this percentage will be reduced to 60 in the near future.

Recently, the US Secretary of State Condoleezza Rice warned Russia and said, "In contrast to Georgia's position, Russia's international standing is worse now than at any time since 1991… and the cost of this self-inflicted isolation has been steep." Moreover, Putin was also found stating that the scramble of USSR was the greatest disaster of the 20th century, but now Moscow is in a position to undo the damage.....Continue

Friday, December 05, 2008

Eloquent justice for the dumb

Adeaf and dumb rape victim from a remote village in Ferozepore district of Punjab could possibly never had the chance to come out with her version of the ghastly incident, but for a landmark ruling by Justice Ranjit Singh of the Punjab & Haryana High Court, ordering the trial court to record evidence of Sundari (name changed) as victim, with the help of sign language experts. The rape led to pregnancy and she gave birth to a girl child. The HC recognised it as a confirmation of the sexual action of the accused.

The High Court had to step in after the prosecution closed its case before the trial court, expressing helplessness in examining the victim, arguing that she was unable to communicate being deaf and dumb. The case was put before the High Court by Sundari's father as the state government seeking revision of trial court order, declined to allow sign language experts to speak for the victim....continue

Monday, December 01, 2008

Independents seem to hold the key for next Assembly

IIPM Publication
Three of the four Assembly seats in Rajouri district have rebels contesting against their own party nominees. None of the rebels of major political parties -- National Conference, Congress, People's Democratic Party and BJP – stayed away from the elections for Darhal, Rajouri and Kalakote Assembly seats of the bordering district.

So far as noise making goes, the PDP election manifesto – titled 'make Self–Rule happen' – echoes its role of filling the political space between separatist and mainstream parties with its soft separatism agenda. It emphasise bringing Jammu and Kashmir politically, economically and constitutionally closer, foreseeing a "shared sovereignty" of a united J&K between India and Pakistan.

NC president Omar Abdullah released his party's Vision Document for J&K "At the political level, the NC Government will try to convince those who have taken recourse to violence and intimidation as means to achieve their goals to come on the dialogue table," the Vision Document says. Meanwhile, the only party displaying lethargy is Congress despite having ruled the state for three years in coalition with the PDP. Though it is open to elections, the party is yet to release a poll manifesto. While former chief minister, Ghulam Nabi Azad, will spearhead the poll campaign, the party lacks a concrete programme to approach the elections held in an environment of strife.....Continue


Thursday, October 30, 2008

Stock of a nation

As a senior Indian official in France would put it that the perception about India in Western Europe can be distinctly Gurgaon(India)divided between the phase before 1998 and the one after that. Before 1998, for the first 50 years India was more of an economically poor but culturally rich nation of philosophers who distinctly had a paradigm impact on modern Europe. India in those days was synonymous with mysticism, being a country known more for black magic, snake charmers and tigers than for its soft power and software. Yet 1998 and the assertion India made with its testing of five thermonuclear devices changed it all. Here was a country which through those tests was asking for its legitimate rights and venting out its frustration against a world which never paid heed to its concerns of terrorism and threats from China. It wasn’t just the nuclear test but the economic embargo in its aftermath imposed by the Americans and its stooges that made all the difference and that exposed the fundamental strength of an otherwise shy and a reclusive India. One has to remember the sheer impact of economic sanctions when imposed by Uncle Sam, something that crippled Iraq for a decade due to the oil embargo. It caused the death of thousands of children owing to lack of basic medicines and Iraq was doomed for ever. Yet when those same sanctions were imposed on India, the loss to American companies in terms of cancellation of governmental contracts was more than what a resilient India suffered. By then, seven years of liberalised economy had already solved the problem of forex reserve and to mitigate any eventual problem of the future, the government of India issued Resurgent Indian Bonds to be subscribed by the Non-Resident Indians....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Tuesday, October 21, 2008

The red letter day

Privatisation will benefit India Post and also uplift the rural economy

Change is the only thing constant in the world. Ironically though, we have a natural tendency to fear it. The same is true for India Post. Economic liberalisation and the resulting competition hasThe red letter day blessed many industries by pummelling the domestic players into shape. However, India Post remains a stark exception to this trend, and there is no doubt that this anomaly has to change very soon. It has become imperative for Indian Post to exploit fully within its limited resources. We proceed to analyse how reforms in Indian Post can bring a paradigm shift in India. Consider this: India’s largest commercial bank, the State Bank of India (SBI) achieved a total turnover of approximately Rs.9 trillion (over $200 billion) with only 10,000 branches and the largest private commercial bank ICICI, with a mere 1308 branches, exceeded the total turnover of Rs.12.10 billion in 2007, whereas Indian Post, with over 1,55,000 branches, remains one of the biggest loss makers among state run giants. Instead of being a pride for the nation, it remains more of a predicament for the country.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Saturday, October 11, 2008

Wrapped in plastic, it’s fantastic

Presenting the new male every Barbie doll will love!

Trimmer waistlines, wrinkle-free skin, more hair… that’s what men want these days. More and more men today are opting for cosmetic surgery to help them look younger and fitter. Like their female counterparts, they are recognizing the benefits (both personal and professional) of cosmetic surgery. Men are also increasingly choosing face, neck, and eye lifts, forehead and brow lifts; having lasers and peels to make their skin look younger; re-sculpting their noses; and undergoing tummy tucks to trim away excess amount of fat from the abdomen.

Cosmetic surgery was once primarily a female indulgence, but with the changing times, the looks of men have become increasingly important, and that has led to an increase in cosmetic surgery among men. And just in case you thought that this was an American fad, there are men in India heading to the surgeons in droves in order to enhance their appearance and be more appealing to the women.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Tuesday, October 07, 2008

Just 2.51%? This is on the t‘rocks’!

Daimler is the fourth foreigner to set foot in Indian truck domain. Will it help break the low foreign sales jinx?

Trucks are ‘huge’. That’s a no surprise. They mean ‘huge’ business. That’s a no surprise either! And the power punch becomes even more brutal when we talk about an economy like India, which is witnessing a radical improvement in its mass transportation system, with billions of rupees set aside for the same. As proof, industry sales released by SIAM show that in March 2008, 404,930 commercial heavy vehicles were sold in the domestic market – a dazzling 14.17% y-o-y growth rate. And where Volvo, Man and Tetra have already set their firm foot on the Indian soil, there is a fourth giant gearing up for the muscle magic – German truck-maker, Daimler.

The company entered into a 60:40 JV with India’s Hero Group, to manufacture commercial vehicles on April 21, 2008. The total capex will amount to $1.1 billion, with Daimler contributing close to $343 million. There has been an energetic scouting for a plant location in South India, with production forecasted to commence from 2010. Andreas Renschler, Head, Daimler Trucks comments on the occasion, “It is an important milestone for Daimler Trucks and our Asia strategy. In the Hero Group we have found an ideal partner, as the two perfectly complement one another in terms of the experience and expertise...” The duo are looking forward to mass manufacturing a new brand of LCVs, MCVs & HCVs; with close to 80% degree of localisation. Sounds encouraging till you hear this one – the Indian market has had a long lasting love-hate affair with Tata Motors. And this will prove a major hurdle for international players including Daimler.....continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Friday, October 03, 2008

Steady the ship, mate!

L&T must adopt a more conservative approach to hedging
When you look at a company like L&T, talks of a decelerating Indian economy seem to be nothing but pure hogwash. The company continues to show strong operating performance, as order inflow growth is set to beat expectations of 30% in FY’ 08.On this backdrop, news that its 100% subsidiary, UAE-based L&T International FZE (LTFZE, which undertakes commodity derivative transactions with a view to hedge commodity exposure of the L&T group companies) may post losses of as much as Rs.2 billion came as a bit of a rude shock to investors. LTFZE bet heavily against a fall in prices of zinc and some other commodities, a move that backfired, with zinc declining up to 62% over the past one year.

What is the implication of this event at this point of time? Abhishek Gumashta, analyst, Sharekhan reverts, “Consequently, in view of this development we expect LTFZE to report a net loss of Rs.1.013 billion in FY2008 as against our previous estimate of a profit of Rs.980 million.” Counters Swapnil Pawar, Director, Park Financial Advisors, “If it is on account of a business linked hedging, we do not see anything wrong with the loss.”.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Monday, September 22, 2008

Left, Right step on Chawla’s toes

The EC’s proximity to Congress is too close for their comfort
Both the Bhartiya Janata Party and the Left are one in opposing the Congress-led UPA Government’s move to bring the three Election Commissioners at par. This is only possible through a constitutional amendment. Peeved UPA ally, the CPI, opposes the move that it describes as Congress’s “reaction” to the BJP’s hounding of EC Navin Chawla.

“What the BJP is doing is not right, but it is also clear that the move is to save some one person. The constitution is not changed every other day,” argues CPI General Secretary A. B. Bardhan. The BJP wants Chawla, who is close to the Congress, to be sacked. In its petition to the CEC, N. Gopalaswami, the BJP-led NDA “extensively documented Chawla’s role during the Emergency.” The “document” included Justice Shah Commission findings and info on prime postings during Congress regimes and grant of MPLAD funds to his private trusts.

BJP General Secretary Arun Jaitley, who’s been leading the charge, says that Chawla’s proximity to the Congress is too close for comfort. “He is shackled, he can’t function independently, detachedly,” he scoffed, adding, “this is setting a terrible precedent. Now all will be tempted to pack the EC with favourites.” (The BJP is demanding Chawla’s dismissal under Article 324(5) of the constitution) Yet, how justified is the demand? Says constitutional expert, Rajiv Dhawan, “The BJP has no business asking for someone’s removal just because it disapproves of him. Every time the Congress was in a crisis, it reacted by amending the constitution. It’s unholy!’’

For amending the constitution, a party needs two-thirds majority in Parliament. And with the Left continuing to waver, this is a Herculean task for the Congress. The BJP fears that by the time the next Lok Sabha polls are held, Gopalaswami will have been succeeded by “pro-Congress” Chawla.

For Complete IIPM Article, Click on IIPM Article

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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Saturday, September 20, 2008

Effectiveness of online advertising

With any product or service, there is an ecosystem that evolves to ensure that it is used by the customer in the most effective way. So, in this context, it is not surprising that there is a large community of third parties that have come into existence that aim to help the advertiser make the best use of online advertising and Google AdWords. Not only is this an expected reality but, from Google’s point of view, it is a necessary element in the rapid introduction and acceleration of the proper use of online advertising. We view agencies and other similar third parties as partners with whom we will help businesses evolve their marketing and business strategies to include digital medium both on the web and elsewhere such as on mobile devices. It is fair that an Indian business may not fully appreciate the effectiveness of search advertising or the reach of the online medium and the relatively high purchase frequency of online users. Together with these third parties, we can more rapidly provide the necessary information and education for Indian businesses about online advertising. For many businesses, this may be a very new domain, and the critical decision in selecting a third party to support you is competence. Businesses should do their due diligence, and through reference checks ensure that they are selecting a competent party.

What’s your strategy behind AdWords?

Google AdWords is a quick and simple way to purchase highly targeted cost-per-click (CPC) or cost-per-impression (CPM) advertising, with the flexibility to set and modify the budget level. AdWords ads are displayed along with search results on Google, as well as on search and content sites. AdWords has become a popular program, in large part, due to the fact that businesses can precisely target their advertising campaigns to a desired audience. Google enables this by matching relevant ads to the keywords that users submit which indicate their interests and preferences.

Further, AdWords operates on cost-per-click (CPC) or cost-per-1000-impressions (CPM) model, i.e., advertisers pay either when end users click on ads, or when the advertiser’s ad is shown on a site. This provides advertisers the ability to prove ROI. Also, AdWords provides other features like restricting ads to customers that have their browsers set to a specific language or to customers who are surfing in a particular city, state, or country to make the advertising medium even more effective.

What will be the important emerging trends and technologies over the next couple of years?

The online advertising market in India, as estimated by third parties at Rs.218 crores in 2006-2007 is growing at a fast pace and expected to reach Rs.2,250 crores in 2009. We expect consumers in India to continue to increase their use of services delivered via the Internet. I am very bullish and expect continued strong growth in the use of online advertising. We believe that mobile advertising will be an opportunity specifically interesting to businesses given the proliferation of mobile and the increased use of data services over mobile devices.

For Complete IIPM Article, Click on IIPM Article

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
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IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Monday, August 25, 2008

Crack begin to appear in fortress

Chavez faces first major electoral loss since coming to power in 1998
For almost a decade, the Venezuelan Opposition hasn’t known what a victory is, at the national level. They played all the tactics, right from boycotting elections to staging a coup against the elected president. On the other side, President Hugo Chavez grew in strength. The more the Opposition attacked him, the stronger he became. This was the domestic scene for the last nine years. Yet, the divided Opposition managed to defeat Chavez’s ambitious constitutional reforms by a narrow margin in the December 2 referendum. Chavez sought a series of reforms including letting the President run for re-election indefinitely. The reforms, in his words, would have sped up Venezuela’s transformation into a socialist country. However, many of his supporters, who gave him a victory in the December presidential elections last year, did not turn up to vote ‘yes’ for their Leftist President. Speaking to B&E, Dr. Shannon K. O’Neil, a Latin American expert at the Council of Foreign Relations, said, “This is the first setback for Chavez. Nevertheless, he still maintains substantial power – control of the presidency, the Congress, the courts, most of the media, and most of the local & regional governments. He has significant decree powers, so many of the issues he tried to pass through the referendum could potentially be passed through the pro-Chavez legislature.” The referendum has sparked off a new debate across the US. Is it the beginning of the end of Chavezism in South America? Certainly not in the near future at least, he still has the capacity to withstand setbacks.

For Complete IIPM Article, Click on IIPM Article

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
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The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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Wednesday, August 20, 2008

IN 2029, PCS WILL OPERATE AT HUMAN LEVELS

You’ve written extensively about machine intelligence moving well beyond human intelligence. Are we on track?
The road map from the semiconductor industry foresees 4-nanometer features and chips, which would enable us to simulate all the regions of the human brain for about $1,000. This exponential growth will ultimately be quite transformative. There’s been so much progress in getting self-organising, three-dimensional molecular circuits to work. We also have nanotube-based memory from Nantero due to hit the market next year. On the software side, a number of new scanning technologies now enable us to see individual neural connections for the first time. Brain scanning really didn’t make significant progress in allowing us to reverse-engineer the human brain until just recently. We’re gaining the means of tracking individual signals in Neurons so we can simulate brain regions in increasingly precise ways.

What would be the benefit of these simulations?
I’ve projected 2029 as the year for having both the hardware and software to have computers that operate at human levels. At that time, the hardware will be powerful enough for surpassing human intelligence. Look at your humble $1,000 PC today. It’s greatly superior to human intelligence in some ways. It can remember billions of things, while we’re hard pressed to remember half our phone numbers. Most importantly, machines can share their knowledge at great speeds. So achieving basic human intelligence with our machines and combining that with the superior benefits of machine intelligence will let us perform feats that go far beyond what we can physically do.


How close will we get to our machines?
They’ll go inside our clothing and inside our bodies and brains. We’ll be putting blood-cell-size devices, nanobots, inside our bloodstream to keep us healthy from inside. If that sounds fantastically futuristic, let me point out that we’re already doing this with animal experiments. One scientist actually cured type-1 diabetes in rats (using blood-cell-size devices). The University of Rochester and MIT have succeeded in selectively identifying and destroying cancer cells using blood-cell-size devices. I believe in 10 or 15 years we’ll overcome all the major diseases that kill 95% of us. How will the World Wide Web change over the next 10-20 years?

We’re going to move toward a worldwide mesh concept, where rather than our devices being spokes into a network, they’re going to be nodes on the network. They’ll be very tiny, and there will be millions of nodes inside our bodies, inside our clothes, inside the environment. It will be a cloud of both computation and communication resources, so if you need a million computers for 500 milliseconds that will be instantly organised for you. They’ll keep us healthy from inside and interact directly with our biological neurons to enhance our intelligence.

How will we defend against tiny biological or robotic devices?
Probably in 6-7 years, we’ll have a rapid response system. I think that spending the money would be a worthwhile investment.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
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IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Wednesday, August 13, 2008

Tropical paradise

The company has agents on hand to help answer questions and attend to sales though their official greeter is a rather strange golden retriever. If you are already a resident, check out the available property listings at ‘www.slexchange.com/modules.php?name=Real_Estate’ for your dream waterfront villa or tropical paradise. To know more, visit the Ivory tower library of primitives for in-world tutorials on SL’s building system. It teaches you how to become an architect in SL.

Probably the most innovative aspect of SL is that almost all content in-world is created by the residents and not Linden Labs. SL provides a three-dimensional modelling tool that allows Residents to create anything they want – buildings, landscape, vehicles, furniture, and machines to use, trade or sell. Such creations can in turn create businesses like restaurants, shopping malls or nightclubs. This creation is the primary activity in the SL economy.

Residents own the Intellectual Property Right (IPR) of anything created by them within SL. You can open a retail store or start a house-building business, run a casino or become a landscaper. Today, SL has an economy that defies imagination with a turnover of more than $650,000 a day. And that’s real world money I am talking about. On the March 9, 2007, a whopping $1.5 million was accounted in transactions. Virtual businesses propelling a virtual economy that is generating real money! Hard to believe? Jennifer Grinnell quit her real world job when she realised that her Second Life avatar Janie Marlowe was making more money as a fashion designer. Janie’s in-world boutique Mischief is quite popular for uber chic digital clothing. If you have imagination, you can sell anything. For example, Tringo! 31 year old software programmer Nathan Keir found that Bingo (commonly known as Housy in India, it is a game of chance where randomly-selected numbers are drawn and players match those numbers to those appearing on printed 5x5 matrices) was a popular game in SL. He felt that it could be more fun if the game was not purely based on chance. So he combined Bingo with Tetris, the popular computer game and Tringo was born. Nathan’s avatar, Kermitt Quirk has since then sold over 200 copies of Tringo for USD$50 a piece to interested parties, with ease.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Tuesday, August 12, 2008

Taurus MF

R. K. Gupta
MD, Taurus MF


Taurus Star Share, Bonanza Exclusive Growth, Taurus Infra Tips, Taurus Discovery Stock Fund and Taurus Liquid Fund are the five funds which should keep up with investors’ expectations in near future. The Bonanza Exclusive Growth is predominantly a large cap scheme wherein volumes and growth bear positive correlation. As of today infrastructure is a dominant player in the capital market and Taurus Infra Tips is well suited to take that advantage. The midcap stock provides a cushion against the market volatility; the Diversified Stock fund, predominantly a midcap scheme is a good option in these volatile times. The liquid fund is a good option for the corporates.

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

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