Posts : Economy

Real Facts about GIM

vinay_sreenivasa - 2-JUN-2010

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OPPOSE AUCTION OF KARNATAKA

Demand People Friendly & Environment Friendly Development

The Chief Minister of Karnataka has announced that the 2 day Global Investors Meet in Bangalore will bring 3 lakh crores of investment as well as around 3 lakh new jobs. The promise of 3 lakh jobs to be created by the GIM and the prosperity it will bring to Karnataka does not appear to be true. Read below to find out the real costs and real facts of the GIM.

False Promise of Investment and Job Creation

Global Investors Meet - Tier2 cities to get some love?

silkboard - 29-MAY-2010

A friend called from UK recently to tell me that he spotted an ad from Karnataka government about Global Investors Meet 2010 in a prominent daily there. Thats how serious GoK has been about marketing this event taking place next week.

Need - More of Tier 2

Bengaluru has had enough of love. Those Tier-2 cities need all the attention now. No, not talking Hoskote, Bidadi or Devenahalli, talk real tier2, far up central, and further north. More initiatives like Suvarna Karnataka Development Corridor (SKDC - click here) are it.

Future of Capitalism

murali772 - 7-MAY-2010

''The public trust in business and its leaders has never been lower. To restore trust, it is time for business leaders to embrace their own version of the doctor’s Hippocratic Oath, which shapes a common understanding of the role of business in society and the conduct expected of business leaders,'' wrote Nitin Nohria ( who has been named to take over as the Dean of the prestigious Harvard Business School) recently after critiquing the failure of leadership in the recent economic and corporate turmoil.

''Developing, adopting, and institutionalizing such an oath is not going to be easy. But there is no better or more important moment to try—because at stake is the very legitimacy of business leaders and the future of capitalism,'' he warned. His passion for the idea led to HBS students adopting a voluntary MBA oath.

For the full report in the TOI, click here

Raison d'être for continuance of the Public Sector

murali772 - 24-APR-2010

Is this why they won’t disinvest Air India, kept afloat at massive expense to the taxpayer? In a violation of DGCA rules, an AI aircraft was pulled out of a scheduled flight from Delhi to Coimbatore in order to ferry IPL players, apparently at the behest of aviation minister Praful Patel’s daughter Poorna. It appears the public sector airline fulfils the private and nepotistic purposes of public servants.

For the full report in the TOI, click here.

Isn't this also why the government persists with BMTC/ KSRTC (check this), BESCOM, etc, so that they can further the interests of the Poorna Patels of this world? - all in the name of Socialism; the tax payer be damned.

Muralidhar Rao

Step-by-step privatisation of Air India likely

murali772 - 10-MAR-2010

Faced with accumulated losses of Rs 7,200 crore, national carrier Air India's deteriorating condition has forced the government to push for privatisation of the carrier. While the UPA government does not favour strategic sale, the civil aviation ministry and the Air India management are likely to consider a piecemeal approach to privatisation.

Secret Indian currency template compromised: CBI

vinod_shankar - 13-AUG-2009

Every week or so there are reports regarding crores of indian fake money in circulation . And this is the latest i came across.  Isn't there solution to this problem, instead of blaming the 'isi'  , terrorists. &nbs

A threat from within

psaram42 - 31-JUL-2009

 At the Indiranagar petrol bunk 8AC and 2 QA series notes of 1000 denominations are not being accepted, Since 10 July 2009. The banks should take some responsibility in guaranteeing at least the ATMs being free of fake notes.

Taxation in India

asj - 7-JUL-2009

Read Shri Manivannan's post on the other thread to do with H2O. In Pune too, one consultant on such matters had said, there is enough water to go 24/7.

Business of Governance

murali772 - 23-FEB-2009

With concepts like Autonomy, Sustainable growth, Forward Planning, HRD, etc becoming buzz-words in management circles, government babu’s couldn’t quite stomach the idea of being left out.

Brand Bengaluru - now in Premium

mcadambi - 7-FEB-2009

Brand Bengaluru is viewed seperately from Brand Hyderabad:

http://www.businessweek.com/globalbiz/content/feb2009/gb2009026_906652_page_2.htm