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Guest Columnists



March 31, 2006



Think tanks' envy, NCAER's pride
NCAER will complete the first 50 years in December. What about the next 50?

What's making IMF less relevant
Groups like the G-7 have an unfortunate consequence for the multilateral discussion that takes place within the IMF.




March 30, 2006



Please! Let the education market grow
If many of the students who now go abroad because of the lack of attractive options at home, are persuaded to stay with the Indian system, the country as a whole benefits.

How to judge a bank CEO
There is nothing wrong in showing the door to non-performers. At the same time, the RBI must reward performance.

Made for a young India
'Old' India must adapt rather than impose. It must start thinking young and change its mindset. In short, it must invent 'for' India and reinvent 'in' India.




March 29, 2006



India: No longer low-end BPO spot
High-end financial research is the next big idea in outsourcing, and India is poised to grab a major chunk of the world outsourcing pie.




March 28, 2006



There's more to life than fat salaries
B-schools need to promote a culture of risk-taking.

In India, it's the rich who enjoy subsidies
The socialism-Indian style will continue to mean where the rich are subsidised in the name of the poor.




March 27, 2006



Power: Trading or profiteering?
The last thing you want to do is to sound like a communist and use words like trading and profiteering in the same breath, but what's happening in the power sector can be described in no other way.

Will One India plan succeed?
Unless the interconnect agreements are properly regulated and monitored, the One India plan may not be sustainable.

Why everyone is interested in SEZs
The state governments' stand on labour market flexibility will determine the success of the special economic zones.

SEZ = tax scam?
If the SEZ becomes little more than a tax-dodge, then there is everything to be said for stopping this business in its tracks.




March 25, 2006



Banking securities away?
The most imminent challenge that banks have to face is one of resources.

What's ailing public services?
Mere increase in outlays is unlikely to do the trick, the flaw lies primarily in the poor and outdated procedures and systems.




March 24, 2006



Will Air India, Indian merger work?
If the merger of Indian Airlines and Air India is being pursued in order to arrest the two airlines' loss of market share over the years

The tsunami of unemployment
Now that many things that affect investment have been sorted out and investment is increasing once again, more jobs will be created.




March 23, 2006



Creating a halo around your company
The US-based Reputation Institute, which is planning its India debut, seeks to do just that.




March 22, 2006



India's milkman goes
Verghese Kurien first talked of retirement a quarter century ago, when he was approaching 60

Good employees = great company
The greater the risk faced by the employee greater is the risk to the company

Why taking initiative matters
How today's youth have found inspiration, and why taking initiative matters.




March 21, 2006



Taxing the Internet
There are three broad areas of the Net that can be taxed: e-commerce, online services and online advertising.

Book that inspired Air Deccan boss
Sam Walton's Made in America, which talks about the story of Wal-Mart, compensates for all the management books that I have not read.

Aptech's amazing China story
In China, the government is a good partner...they enable you and enhance your presence; they are not a hindrance.

3 steps to BIG innovation
What are the factors that help create a winning product? There are three key principles that companies should follow. . .




March 20, 2006



Rs 1 crore p.a.
Rs 1 crore: it does look odd when fresh graduates of the leading Indian Institutes of Management, who are still in their 20s, get offered close to that sum as an annual salary.

Sensex at 14K? Likely!
Several domestic and international investors are waiting in the wings to make purchases at every fall.




March 17, 2006



The biggest challenge for IT firms
Rising people costs are the single biggest challenge the Indian software and services sector faces. This is to be expected in a services business where people matter more than machines.

Time to unleash entrepreneurship
The UPA government needs to do more to fulfil the promise to unleash entrepreneurship.

Requiem for a garden city
Bangalore is ready to get what it has been longing for -- the metro rail project.

A fab by government is a wild idea
If the government wants to foster high technology in India, interventions should be designed in a way which have a public goods character.

Rum, soda and deregulated markets
How to increase liquidity in the corporate bond market? Well, here are some ideas for the RBI. . .




March 16, 2006



How to achieve 10% GDP growth
To achieve a 10 per cent growth, India needs to think out-of-the-box.

Meet Generation We
It's not the teens and tweens that matter most to innovators, it's their younger siblings.




March 14, 2006



Why the French are opposing Mittal
The French have to accept that the globalisation of business is here to stay, says T Thomas.

Exempting Kelkar
Tax exemptions are aimed to meet certain development objectives, and a policy of abstaining from tax exemption is synonymous with vitiating these objectives.

Do B-schools teach this?
Most B-schools don't teach students comparative management styles -- say, 'American' versus 'Japanese.'

Count your chickens
Backyard poultry farming needs a boost but with a different kind of poultry management technology.

Drucker for dummies
The legendary management guru's insights often ran contrary to conventional wisdom. Here are some of the best examples.




March 13, 2006



Power-ing ahead?
Mumbai may well be the symbolic power equivalent of the country's gold reserves being shipped to London in 1991.

Manmohan's second EPFO blow
The problem is that while the new pension scheme has been delayed for more than two years now, the ministry of finance has just issued a notification that takes pension reforms in the opposite direction from that originally planned.




March 11, 2006



Rise of the Indian entrepreneurs
In almost any new industry that has grown to prominence in the last decade, the king on the block is not from the established business houses but a rank newcomer.




March 10, 2006



With more PhDs, India can be a superpower
If India has to be technologically strong, more strong science and engineering PhD programmes are a MUST, says Prof M A Pai.

Globalization, 30,000 feet!
Globalization doesn't mean one rich nation and one poor nation; it's about one rich planet where everyone gets to play a role in wealth creation.




March 07, 2006



Skills that B-schools don't impart
B-schools don't teach soft team skills, taking hard decisions to build the right team and sculpting culture

Selling the India IT story, to Indians
IT intellectual property was being created in India...but for other companies.




March 06, 2006



Oil imports: How India can cut costs
India is the worst placed among the major economies of the world, with oil imports accounting for over one-third of total imports.




March 04, 2006



Growth: Best antidote to poverty
The 1999-00 NSS survey was controversial for two reasons: first, it showed a largish poverty decline in the post reform 1990s; second, the NSS had asked for food consumption according to two separate recall periods- 7 and 30 days.




March 02, 2006



Punishing banks? It hardly helps
The RBI has acted strictly in penalising banks for violating established norms. But do these banks run a reputation risk? Hardly.

Safeguarding India's capital
Let's avoid another East India Company manoeuvre.




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