Publication and Research, IIPM

The tax regime will definitely lead to stupid situations. For example, part of the bills paid by a CEO for taking two foreign partners out for lunch will be taxable. Now, who will decide what component was taxable and what was not? For that matter, who ate the fettuccini and who drank the white wine? Look at the case of a senior editor or a manager who travels frequently and stays in hotels and eats outside during the course of her natural duties. Who will decide and calculate which component of these travels, stay and eating expenses were for official work and which for ‘personal benefit’?


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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

After all, quite a few of India’s top companies, which are leaders in their respective industries, are taking the diversification route towards new lucrative businesses. Reliance was always a conglomerate structure before the split; and after the split, Anil Ambani has already planned acquisitions in the fields of textiles (Celebrity Fashions Pvt Ltd), entertainment (Adlabs) and insurance (AMP Sanmar) in a very short span of time.

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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

By coincidence, Qutb arrived in the United States in 1948, the year of the creation of the state of Israel. He witnessed an America blind to the thousands of Palestinians being made permanent refugees by the Zionist project. For Qutb, it wasn’t politics; it was an assault on his core identity: Clearly Americans believed that Arab lives were worth far less than those of European Jews. When Qutb returned to Egypt he joined the Muslim Brotherhood, leading to his next life-changing event:

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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

The decadent diet plan defied centuries held beliefs banishing all carbohydrate rich foods from the platter of the portly, potbelly cursed friends of ours. For once, a doctor advised them to eat, rather feast, on a spread befitting a king’s palate, and yet triumphantly slip into outfits many
sizes smaller!


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Source:- IIPM editorial, 2006

Stop giving subsidies to the rich (Publication and Research, IIPM)

Despite these stark figures, nobody seems to be giving any serious thought to these contradictions. Since the UPA government is committed to uplifting the status of the ‘real India’ that comprises the poor and underprivileged, continuation of such subsidies goes against even the professed ideology. Perhaps it is time the Leftists parties walked their talk and put pressure on the government to stop these subsidies for the rich and utilize the funds for anti-poverty programmes in rural areas.

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Source:- IIPM Editorial, 2006

BSE should work towards creating an unlimited trust in its shareholders-N.R. Narayana (IIPM Publication)

Infosys chairman and mentor, N. R. Narayana Murthy, who was the chief guest at the announcement function, mentioned, “It is important for the BSE to maintain the highest levels of compliance and corporate governance as it has been expecting the same from all listed companies. It should work towards creating an unlimited trust in its shareholders.”

Source:- IIPM Editorial

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Copyright: IIPM-2006