Inside the env‘iron’ment curtain

Chinese banks finance projects caring two hoots for environment
While Chinese banks have now literally got immune to the condemnation and slamming by global environment activists for financing environmentally perilous and conflict-ridden projects at home and outside the country, what may hurt them financially is that their poor environmental financing standards are now affecting their competitive advantage. A recent report published by the leading international NGO, Bank Track, reveals that only two out of top ten banks, China Development Bank (CDB) and Export and Import Bank of China (Chexim) have a semblance of transparency in environmental policies.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Videocon in China Town!

Contributing to the surging bilateral trade between India and China would be the domestic consumer durable major, Videocon, which has inked a deal with China Council for Promotion of International Trade (CCPIT) for setting up a LCD manufacturing unit at Shenzen, China, The amount of investment required for the same is $1.5 billion. While 50% of the production would be for domestic consumption, the rest would be for exports. The technology for production of LCD would come from the company’s R&D centre in Japan in order to lessen production costs and bring it down to more competitive levels.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Springtel’s age bother!

Sprint Nextel has decided to cough up $57 million as a settlement towards an age discrimination case. The case had been filed against the wireless company by its laid off workers. It stated Sprint Nextel had first shift ed all the employees above 40 years to certain positions, which were later scrapped in lieu of downsizing. As per the settlement, the company would pay the eleven lead plaintiff s an average of $155,000 each. The attorneys of the plaintiff s would get $19.4 million as fees and also $1.65 million as coverage expenses for settlement confirmation. The remaining $34.3 million would be divided between the remaining 1,686 plaintiff s.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Microcosms miraculeux?

Structures that inspire and not just awe, geometries that evoke a sense of responsibility ,angles that display an optimistic face of the state of affairs. These buildings are more than just brick and mortar and detail yet another facet of human imagination, which when laden with a sense of responsibility, can create tangible magnificence. We present constructions, that have truly attempted at building a better tomorrow...

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

PLUNDERS even humans are not spared

Horrors from Howrah
The second-largest city of West Bengal, Howrah, which found a regular place on the silver screen for its beauty, is now diseased by the ever-increasing industrial pollution. The B&E team started its journey from Shibpur and South Howrah to check how pollution has reduced the serenity to shambles...

And today, the sight is worse than ugly and the smell simply unbearable! Launch & Steamer repairing & assembling centres, soda factory, scrap iron factories and store houses are aplenty. The sewerage line that is connected to the river shovels all the waste directly into the river Hooghly. A long time Howrah resident Ashok Das while pointing to a nearby factory, expresses his disgust and helplessness as, “Soda is boiled and even its loading & unloading, is done in the premises.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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