Showing posts with label IIPM EDITORIAL. Show all posts
Showing posts with label IIPM EDITORIAL. Show all posts

Saturday, October 28, 2006

Islam and Christianity have enough to worry about; God is the least

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When Benedict XVI became the Pope, interesting times were predicted. He isn’t letting us down either: With a million things to worry about, he chose to refer to the 14th century Byzantine emperor Manuel II Paleologus during his speech at the University of Regensburg in Germany. Former Cardinal Ratzinger, the Pope, quoted Paleologus’s conversation where he had called the teachings of Prophet Mohammad as “evil and inhuman.” Predictably, the Muslim world didn’t let us down either. They protested like they were looking for a chance to. What is of interest is that the highest of- fice at the Vatican chose to use such words at a time of intense conflict and suspicion between the West and the Islamic world.

For centuries, the Roman Catholic Church has had a significant authority over the lives and actions of Christians. Before Renaissance, the church imposed its authority over almost everything a Christian did. It is this influence and the subsequent fear of loss that seems to be pushing the successors of the Holy Roman Empire to stimulate and administer the crusades against its old-new rival – Islam.

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

Thursday, October 26, 2006

B&E this fortnight

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World’s largest hyper market chain Wal-Mart has come up with a business strategy that has shook the American generic drug market. The company has announced that it will offer over 300 most frequently used generic drugs at an unbelievable $4 (almost a fourth of previous market prices). Under the new pricing strategy various generic drugs which were oft en out of the purchasing purlieu of many Americans, will be amazingly within reach. Drugs that are a part of the new plan include cholesterol, blood pressure, vitamins and diabetes drugs among others. According to Wal-Mart these prices will benefit pensioners and senior citizens the most, as their total cost allocation for prescription drugs will subsequently come down. Wal-Mart benefits from economies of scale because of its large scale operations and its bulk purchases, which substantially reduces cost, ultimately benefiting the end consumer. The scheme is currently for the Florida State, but if successful, the company plans to extend it to other states as well by 2007.

Wall’ing high costs
In another instance of consumer welfare, Wal-Mart is also experimenting with eco-friendly packaging and had last year partnered with Nature-Works for corn-based plastic packaging techniques instead of petroleum-based, for perishable food items like fruits and sprouts. This year the retailer wants to make its stores 25% more energy efficient and reduce solid wastes by 25% as well. In this regard the company has initiated 13 value networks with one of them solely focusing on packaging parameters. Looks like business is no longer driven by profits, capitalist societies expect something in return of consumerism from large corporations working amidst them.

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

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Thursday, October 19, 2006

Yes it does, for Indian agriculture sector has proved the old saying...

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Since independence, Indian fertilizer industry has grown manifold – much of the credit for which goes to initiatives like Green Revolution and Operation Flood. Not only have the imports of fertilizers witnessed a decline with India moving towards achieving self-sufficiency, but the manufacturers also have succeeded in making available quality fertilizers and other chemicals to farmers at competitive prices.

India has emerged as a major global player in this sector, helping the country earn the much important foreign exchange. As per FICCI figures, the volume of the Indian market in the chemical sector is approximately $30 billion. No doubt that most of the top companies in the agriculture sector in B&E Power 100 are the ones, which are into the business of manufacturing and marketing fertilizers, namely Rashtriya Chemical & Fertilizer Ltd, Chambal Fertilizers & Chemicals Ltd, etc. The other companies that have made it to the list include Monsanto India and Syngenta – leading bio-tech solution providers in the area of seeds. However, India still lags behind in food processing, one of the key global sectors.

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IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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