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January 31, 2007
Hoshin, the Japanese art of managing quality
This process of aligning the organisation goals is called Hoshin.

January 30, 2007
Dis-establishment in manufacturing
Things seem to be getting worse on the wage front partly because there hasn't been much by way of new entry of businesses.

January 29, 2007
Will India's economy be bigger than US by 2050?
Based on the new, improved, growth projections, India's economy will be even bigger than that of the US before 2050.

'He is a great asset'
His essays are an intelligent, articulate critique of the government of the day, says the prime minister.

How FMs made a difference in India
It is interesting that this change has been achieved mainly by three finance ministers of the reform era who have been "professionals" and who have therefore understood the needs of a modern economy.

No returns without risk
There is a similarity between investment products and tobacco: no deal is possible without a statutory warning of risks involved.

Sell in Feb and go away
While P Chidambaram will present his sixth Budget on the February 28, his Budget speech has already begun.

January 27, 2007
Of L N Mittal, CEOs and chairmen
Will Mr Mittal invite some truly independent and active business managers to join his board as non-executive directors.

May you live in inflationary times
Inflation will be a much harder nut to crack than it has been in the 1980s and 1990s.

Why RBI governor got his maths wrong
It would be a pity if we read the macro-economic picture wrong and ended up with more draconian measures, for that might squeeze growth when there is no need to do so.

Needed: 10,000 Angel Investors
The Center for Venture Research estimates that there are about 200,000 angel investors in the United States. By this count, India needs at least 10,000 of them.

January 25, 2007
Why China will remain a giant for 10 years
Official data say that average income in China is approximately double India's. Visual appearances suggest that Beijing is at least thrice as rich as Delhi and much better organised.

No service tax on transfer of property
The taxable category of fashion designing services covers any activity relating to conceptualising, outlining and creation of designs and patterns of costumes.

A guide to major governance issues
The latest guide to corporate governance around the world can be a useful tool kit for top managements.

R&D brains hold the trump card for India
Indian companies, champions at reverse engineering, still lag global R&D budgets by huge margins.

A marketing guru's tips to his protegees
Those who enjoy marketing more than any other management discipline will find 2007 an exciting year

How multicultural are we?
That more and more foreigners want to work in India is not new. So why is it an issue today?

Of SEZ, land rights and development
The affected community must share in the gains from the use of its land for development.

January 24, 2007
How expensive is the market?
The Indian markets, while expensive, have delivered among the highest returns on equity, and a better record of earnings growth.

IT gravy train will continue
What the industry needs is a degree of predictability about currency movement.

How to avoid the debt trap
One of the main causes is unlimited desires and limited income and injudicious use of various credit products on offer.

January 23, 2007
The last mile problem of Indian telecom
The problem of last mile connectivity for ushering in the second telecom revolution is awaiting early resolution.

January 22, 2007
Not quite advantage India
India's R&D spend trebled in a decade, but China's has grown even faster

The IT success story goes on...
The Indian IT story seems to be on a continuing roll. And the performance is exceptional because it continues quarter after quarter, even on an increasing base.

Narayana Murthy on leadership and values
The CEO or the leader must definitely reap benefits proportionate to the benefits derived by the company.

January 20, 2007
It's super-phone!
There is no network of any kind that can count up to 150 million

January 19, 2007
Why India must hike R&D spending
While the domestic industry needs to increase its R&D spending quite dramatically, price controls will only cripple the sector.

Finally there will be only 3 taxes
The Goods and Services Tax will make India a competitor in Chinese-style manufacturing and employment.

January 16, 2007
Too much tech spoils the phone
My experience with a high-tech phone makes me ask a few questions which every potential user of such multi-feature devices should ask.

Needed! A farm SPV to rescue agriculture
The government should set up a dedicated fund to rescue Indian agriculture.

The 5 Ss of Japanese efficiency
Check out how Indian Industry is managing quality.

January 15, 2007
Second generation shortages
Of the two shortages of real estate and young professionals, the case of the latter is easier to tackle than that of the earlier.

12 ultra-mega lessons from power plants
The biggest lesson is in creating bankable projects with the government getting major clearances, leaving private firms to deliver on what they do best.

How difficult is the maths?
Education policy in India has got to be among the most bizarre ever seen.

What is our real fiscal deficit?
It's high time the government accounts everything on an accrual basis rather than cash basis

Simple things to watch about compound interest
A standard way of comparing interest rates is to ask for annualised rate of interest.

January 13, 2007
Equity lessons from commodities
A reduction in crude prices is seen as anti-inflationary as it provides the government with elbow room to reduce prices -- whether they actually do so or not is immaterial.

Killing the goods and services tax
If states are to levy service tax, a combined GST will become a nightmare since a host of tax departments in each state will also have to be dealt with.

The offer an option
Government must be an agency that lets others work in areas of education, healthcare etc and not be a monopoly provider of a service.

January 12, 2007
Why forex reserves must not fund core projects
The issue of using forex reserves for infrastructure still remains as much a bad idea as it was two years ago.

Should Bhutan be a tax haven for India?
It meets the criterion of being small but isn't affluent, which is something most such havens are.

The Next Big Business Idea
In a world awash with capital everyone is out hunting for the next Big Business Idea.

CEO pay packets get fatter!
Companies are offering sumptuous welcome packages to members of the executive suite.

Of underwear and reform
Should anticipated reforms continue to stall, there will be much heartache, not just for investors but for the average Indian on the street.

January 11, 2007
More to the media than the message
How much publicity should a corporation subject itself to?

In school, but not really learning
Pratham's latest report on rural education has some good news, but it's mainly bad.

January 10, 2007
How to manage your cash for short term
If a person has surplus cash for a short span of time like a week or a fortnight, Liquid Funds are good alternatives.

The curious case of corporate earnings
Corporate earnings have had a dream run over the last four years, and all signs seem to indicate that the run will continue.

Land acquisition: Nandigram bodes ill for all
The popular mood in West Bengal right now is that the left political machine is trying to snatch away something.

How to prevent Singurs
The solution lies in asking the private sector to get its own land; indeed, some of the firms planning large retail footprints across the country are tying up with specialised realty firms for precisely this reason.

US economy: Tide may be turning
A combination of institutional and individual judgment seems to have resulted in what will turn out to be the softest of soft landings. This is obviously good news for the US.

January 09, 2007
The 7 quality management tools
7QC tools are fundamental instruments to improve the quality of products.

What Indians want from goods they buy
Indian consumers are now demanding 'aqcurate gain' from the goods and services they buy.

What we need to learn from people
Economic policy and economic diplomacy are imperfect, context-specific arts, where the knowledge of the local reality is all-important.

Indians' fuzzy outlook on citizenship
My fear is that young Indians with their fuzzy outlook on nationalism can be victims. Most don't know (or care) what they sign up for.

January 08, 2007
NRI deposits for core sector
Montek Singh Ahluwalia's suggestion should be slightly modified for this.

January 06, 2007
Why opening up the economy is good for India
The critics of opening up the economy are wrong: allowing private sector in more areas strengthens the system.

The mirage of a healthy economy
The government cannot abdicate its responsibility towards providing long-term solutions to India's endemic poverty.

Bye, bye, fiscal deficit
There is increasing evidence that the RBI may well have overreacted in its monetary tightening in 2006, not unlike the 1995 monetary fiasco.

January 04, 2007
Is stock delisting gaining ground?
Stringent Sebi norms and the entry of large investors are pushing companies off the bourses.

January 03, 2007
What lures India Inc to invest abroad
Indians seem to be getting attracted to foreign assets and countries in a different way

January 01, 2007
Wishlist 2007
Without a salary revision, the government will have increasing difficulty retaining its existing professional cadres.

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