ACT 2: THE TRUE OPPORTUNIST

Birds of a feather flock together, but not in the Singh family for sure! Eager to make his own mark, Analjit started Max India in 1982 with Bhai Mohan Singh. The company started manufacturing the 6APA (intermediate for pencillin) and then 7ADCA and ventured further into electroplating, biotechnology and electronic component distribution. Analjit did strike gold in 1992, when he tied up with Hutchison Telecommunications Ltd. to form Hutchison Max Telecom, which became a leading player in the Western region. But in 1998, Max shocked one and all by selling 90% of its stake in the company for a whopping Rs.5.61 billion.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

CARS: PADDY’S ALTERNATIVE?

MAHARASHTRA’S NEW AUTO BELT WILL FURTHER FUEL INDIA’S INDUSTRIAL EVOLUTION...
Volkswagen’s prospective $540 million car plant in Maharashtra has the potential to create about 2,500 jobs – an opportunity which very few might care to lose. The new ‘Xanadu’ is expected to invite massive labour migrations predominantly from the North’s Tarai belt – a territory legendary for its fertile land. The Tarai region is a sustainability source for millions of Indians and is considered pivotal for the nation’s economic well being. But, as India evolves from an agrarian economy to a full fledged industrialised nation, the Tarai region will inevitably throw up its share of migrant labour to the new auto belt. Maharashtra’s new auto belt, which already homes some top tier automotive big wigs like Bajaj, Mahindra, Fiat, Tata, DaimlerChrysler & Skoda, is all set to receive a fresh lease of investment from conglomerates such as Volkswagen & GM.

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Source : IIPM Editorial, 2007

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

MORE NEWS IS GOOD NEWS

The paper chase is getting serious now. Last year, when DNA and the Hindustan Times made their entry into Mumbai (the former launching and the latter extending its ‘editions portfolio’), many wondered if the market would be able to sustain so many heavyweight newspapers. More than a year later, it’s now official: The print business is growing, in India, at least! And there’s room for more. More recently, the India Today Group has made a public announcement that, yes, it is coming out with a morning paper, an English language daily – to be launched in New Delhi early next year. The announcement came from the group’s chief Aroon Purie, on the sidelines of the India Economic Summit (organised jointlyby the World Economic Forum and the Confederation of Indian Industries in the Capital).

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Source : IIPM Editorial, 2007

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

JUST HOW MANY MORE LIVES, MR. PRESIDENT?

RAQ REMAINS NO MORE THAN AN ISSUE OF BUSH’S PERSONAL EGO, BUT WHO SAVES THE SOLDIERS?
At a reception that was taking place following the midterm election, President Bush approached Senator- elect James Webb. “How’s your boy?” asked Bush. “I’d like to get them out of Iraq, Mr. President,” replied Webb, whose son, a Marine lance corporal, is risking his life in Bush’s war of choice. “That’s not what I asked you,” the president snapped. “How’s your boy?” “That’s between me and my boy, Mr. President,” said Webb. Good for him. We need people in Washington who are willing to stand up to the bully-in-chief. Unfortunately, and somewhat mysteriously, they’re still in short supply. You can understand, if not condone, the way the political and media establishment let itself be browbeaten by Bush in his post-9/11 political prime.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

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