Tuesday, January 29, 2008

In trouble, it’s safe to play on backfoot


IIPM Mumbai Parables - Stories that change life

Bickerings don’t allow NDA to take advantage of UPA’s problems

WithSeeking a way out of NDA! the ruling United Progressive Alliance (UPA) on the mat because of its ally – Left parties’ – objections to Indo-US Nuclear Deal, National Democratic Alliance (NDA) should have been dreaming of power. Instead, it has been left grappling with its own problems. The NDA is struggling with a quiet rebellion unleashed by its own members, most prominent of them being the mercurial chief of Trinamool Congress, Mamata Banerjee. She not only abstained from voting during Presidential elections but also voted against the NDA candidate Najma Heptullah during the Vice-Presidential polls. Not only this, but she has also turned incommunicado to the NDA leaders.

The reasons are not far to seek. Mamata doesn’t see a future for herself in alliance with the BJP in West Bengal. Recent agitations over Nandigram & Singur have endeared her party among the anti-Left voters in West Bengal. But, BJP doesn’t have a major presence in the state. She therefore, doesn’t see any benefit in aligning with the BJP and instead wants to tie up with the Congress. In recent times she has frequently met senior Congress leader Priya Ranjan Dasmunshi fuelling speculation of an impending tie-up.

In Maharashtra too, BJP is perplexed with the behaviour of its ally – Shiv Sena, which voted for UPA candidate Pratibha Patil during the Presidential polls. Though the party came around to vote for the NDA candidate during Vice-President’s elections, seeds of suspicion have already been sown. Central BJP leaders claim to be under their state unit’s pressure to tie up with Raj Thackeray’s party instead of Shiv Sena. However, NDA leaders present a brave face. Says Sushma Swaraj, “These are mere posturings. NDA is not a small boat which can be rocked so easily.”

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Source :
IIPM Editorial, 2007

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Tuesday, May 09, 2006

Round one in EU, Microsoft tiff ends

Microsoft immediately appealed the decision as well as the stipulation that required the company to share data regarding their flagship operating soft ware. EU lawyers submitted that a fine was needed to deter Microsoft ’s attempts to subvert their monopoly to their benefit and that the company was attempting to stifle competition.

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Source: IIPM Editorial, 2006

Monday, April 24, 2006

Endangered?

A country without a Human Development Rank, Somalia stands out as a blatant failure of the international community in alleviating the plight of people who have yet to see a day when their physiological needs are adequately met. The region, though, could have been rid of this constant mortal threat, had nations like US parted with as little as 1% of their defence budget accumulating $5.2 billion of life-saving aid.

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Source:
IIPM Editorial, 2006

Tuesday, April 04, 2006

LG comes under MRTP scanner

Korean consumer durables gi­ant LG Electronics India Lim­ited’s festival offer ‘Mangal Hi Mangal’ has come under the scrutiny of the Monopolies and Restrictive Trade Prac­tices Commission (MRTPC). The commission has re­strained the Korean chaebol from releasing the gift scheme in any media vehicle, claim­ing that the scheme is false and inter alia it misleads the consumers. It was alleged by the director general of investi­gation and registration in the Ministry of Company Affairs that the advertisement was prima facie deceptive which amounts to an unfair trade practice under the MRTP Act, 1969. Life’s not that good this time for LG.

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Source: IIPM Editorial, 2006

Thursday, March 30, 2006

Series of fresh deals, Boots is regaining its glorious old days-IIPM News

The combined entity will have near­ly 3,000 retail stores in its kitty and more than $23 billion in sales. According to Richard Baker, Chief Executive of Boots, “Alliance Boots will also have exciting opportunities to take the trusted Boots brand and products into new markets.”

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Source: IIPM Editorial, 2006