TRAI all set to check the Indian cable guys : IIPM

IIPM BUSINESS & ECONOMY
The Telecom Regulatory Authority of India (TRAI) has proposed to amend the Cable TV Networks (Regulation) Act, 1995 to regulate the operations of national cable operators and bring about transparency in the conduction of cable business in India. The regulating authority has proposed that each operator will have to declare its actual subscriber base along with the rates charged. Moreover, they will have to publish the channel offerings, both paid and free to air along with the rates charged in the local media. The regulator will most likely make the implementation of CAS mandatory for each operator within a time frame of six months, after the issue is resolved. But, the real merrymaking announcement for the consumers is the proposal to fix the ceiling for the monthly cable fees as charged by the operators. Meanwhile, TRAI has also made some proposals to facilitate the easy implementation of IPTV, which is expected to hit India by the end of 2006....

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

IIPM : $120 BILLION! WHAT MORE COULD YOU ASK!

IIPM BUSINESS & ECONOMY
ETFs may be described as a basket of securities that are traded like individual stocks on an exchange. They are funds/schemes, which invest in the securities of only those sectors or industries as mentioned in the offer documents. ETFs are innovative products, which came into existence in the US in 1993. The success of ETFs can be gauged from the fact that almost $120 billion has been invested in about 280 ETFs in over 30 indices globally. The first Indian ETF was launched by Benchmark Mutual Fund in January 2002 based on S&P CNX Nifty. ETFs have many advantages over traditional mutual funds, the most important being that of liquidity, as they can be bought and sold like stocks.

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Source :- IIPM Editorial, 2006

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IIPM : Can’t hide behind Zaheera

BUSINESS MANAGEMENT SCHOOL
When all the accused in one of the horrific crimes of the 2002 Gujarat riots were let off , it looked like justice was dead. Marauding mobs had targeted people on religious grounds after the Godhra incident, with the administration doing nothing. The Best Bakery case was the most talked about, where the small establishment was surrounded and torched. Almost all members of the family inside perished, while the killers merrily danced outside.

The prime witness was a young girl called Zaheera Sheikh. She initially told the court what she saw, and then retracted. This led to the outrageous acquittal of all the accused and the resulting public outcry. Hope returned when the Supreme Court overruled the acquittal and ordered a retrial. Eventually, some were found guilty. The sad part was Zaheera, who was found guilty of perjury and sentenced to prison. The final verdict was celebrated widely as proof that justice was alive….

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Source :- IIPM Editorial, 2006

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