HYDRO – MANIA

This is perhaps one of the cleanest alternatives at present. The end result of this alternative is clean water (H2O). However, availability of hydrogen is a problem as several energy intensive procedures such as electrolysis are required for hydrogen extraction from water. Rajinder Saini of IIP told B&E “Availability of Hydrogen is a problem as several energy intensive procedures such as electrolysis are required for hydrogen extraction from water.” Other problems such as transportation, safety and containment issues pose as threats to feasibility. Apart from being used in fuel cells, hydrogen can also be mixed with CNG. Even though hydrogen fuel cell technology is still in early stages of evolution, major automotive manufacturers like Honda and GM have taken visionary steps in insuring a hydrogen future. Honda’s FCV concept and GM’s HyWire-Volt500 concept duo, have demonstrated that a hydrogen fuel cell works, but they are bogged by poor operability. In India however hydrogen fuel cell technology is still nascent and not much work has been done in the field.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Dance with the wolves in the woods!

NGOs need to take the battle directly into the corridors of power
They fight for a clean, green & just India. They act as pressure groups, directing a large part of their ire against the government for its complicity in violating the environment and letting the MNCs exploit India’s natural heritage. The green activists claim to be apolitical but their agenda falls into the category of ‘new Left ’. And this new Left is nothing but a civil society movement, which raises all issues with political connotations but refuses to join the mainstream politics. Social activist & Ramon Magsaysay award winner, Rajendra Singh told B&E, “They can be vehicle for social & political change but not a facilitator. The NGOs as such should refrain from participating in the elections, but those in the vanguard of mass movements must not shy away from joining the political process.” However, Dr. Sunilam (former MLA, Multai, Madhya Pradesh) is an exception.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

False alarm to rake in profits!

The public cannot be taken for a ride based on flimsy findings
The most parroted Avian Influenza (Bird Flu) outbreak in China in November 2003 was publicised as the deadliest epidemic of the recent times; projected as if the next apocalypse was in the offing. Time passed by, fears subsided & the world got used to living with the hype as it ‘fl u’. In the absence of any hard evidence to prove the possibility of extinction of mankind, the realization dawned that the Chinese variant was a hoax. The virus had limited impact in remote areas & the possibility of human to human transfer of the virus was ruled out by scientists. A fact vindicated by the British Medical Journal (BMJ, October 2005), “Since 2003, most of the resulting 118 human cases have been healthy young children or adults in close contact with infected flocks, with a mortality of over 50%.” BMJ further adds that lack of sustained human-to-human transmission suggests that AH5N1 Avian virus does not currently have the capacity to cause a human pandemic.”

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Hotter hotter everywhere, & not a...

...drop to drink! Is the real cost of bottled water beyond the benefits?
The World Wildlife Federation (WWF) estimates that annual consumption of bottled water is estimated to be around 89 billion litres. While the US is the biggest consumer of bottled water, the global bottled water consumption has doubled between 1997 and 2005. In the same period, India’s consumption has tripled and China’s doubled. Ling Li, in his report for Washington-based Worldwatch Institute, estimates that bottled water costs from 240 to 10,000 times more than tap water. That means in dollar terms, most industrialised countries spend $500 to $1,000 dollars per cubic metre of bottled water compared to, say, 50 cents per cubic metre tap water in the state of California.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Sun in Taro with $454 million

Sun Pharmaceutical Industries Ltd. has entered into final agreements with its subsidiaries for acquiring Taro Pharmaceutical Industries Ltd. The deal (worth $454 million) will be funded with interior accumulation and proceeds from its FCCB. This multinational has its footprints in U.S., Israel and Canada, of which North America begets more than 90% of Taro’s sales. Dilip Shanghvi, Sun CMD, stated that the company looks forward to working with Taro and its employees further ahead. It’s the apt opportunity for the duo to create increasing value and add a complimentary multinational organization to Sun’s business. More so to the deal, there are bright chances to build on Taro’s expertise in dermatology and paediatrics, along with its speciality and generic pharmaceuticals and over-the-counter products.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative