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Monday, September 24, 2007

Kindler does a shuffling act!

Jeffrey Kindler, Pfizer’s Chief Executive Officer has announced a turnaround in its leadership positions to re-arrange the drug company, struggling with augmented competition and the loss of exclusivity rights. Two key functions, Research and Finance, are the targetted two blocks. 57-year-old John LaMattina, the research and development chief of the company for a long time, and 45-year-old Alan Levin, the short-time chief financial officer will be retiring soon as a new replacement (rather successor) is found out. All these steps are a consequence of Kindler’s strategies to ‘transform’ Pfizer into a

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Source : IIPM Editorial, 2007

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

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, September 11, 2007

'While woman'

Working against criminals and poachers is hazardous business. Is it especially difficult for a ‘white’ woman?
Actually, being a ‘white woman’ worked greatly to my advantage, because when I posed as a decoy buyer, no criminal suspected I was working with government enforcement agencies. They also of course had no idea that I could speak the language and that I knew a lot of about Indian wildlife. In many ways I was tailor made for this!
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Source : IIPM Editorial, 2007

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

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Monday, July 09, 2007

Story continues

And the story continues to unfold into this year, as the bank sets its target on the rural hinterlands. An ICICI Bank spokesperson told 4Ps, B&M, “We see the rural markets as the next horizon of growth for us and are creating a holistic proposition to address this opportunity. Our strategy is to offer a full spectrum of products to meet the needs of various segments of the rural population.” The bank got an overwhelming response when it entered the capital market for the first time in December 2005, and is once again setting its eyes on the bourses for a $5 billion follow-on public offer (scheduled for later this year) to meet the growing demand of India’s dynamic business market. Just that you know, ICICI Bank is the first bank or financial institution from non-Japan Asia to be listed on the NYSE and is today on an overseas borrowing binge, including an overseas capital market offering.

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IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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


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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, June 12, 2007

Feast day

On the feast day of the saint, one can sight a parade, which winds through downtown Aguascalientes with people dancing to the sones, jarabes, cuadrillas, polkas, and redovas and schotis. The spectacular 21-day festival features bull-fights, folkloric dancing, games, cock- fights, horse riding and various othe cultural events. With rising popularity and demand, in 1992, a new bullring was designed to host 15,000 enthusiasts, but horse riding remains the prime Mexican sport, which takes place in the magnificent Villa Charra. Amidst all the bulls and horses, men and women perspiring at the fate of their wagers, yell and buck up the horses and screech at cocks’ every move! Besides, competitions and exhibitions by cattle breeders, dairy farmers and sheep ranchers mark the agricultural and the more sedate aspect of the fair.

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Source : IIPM Editorial, 2007

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

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Wednesday, June 06, 2007

omething truly unimaginable & very very strange...

ADAM, EVE & NO APPLE!
Something truly unimaginable & very very strange... but then, it all happens in the year 2100. It does!
The year is 2100 – nine decades from now. And Mr. Bean ‘Junior’ is in his late seventies. As we know, life for him too has always been a difficult challenge (like father, like son!) and perhaps ‘the’ reason that in spite of being an adult he never ever thought of courting the troubles of a married life. But our forever Mr. Bachelor too has developed a hitherto hidden penchant for foraying into fatherhood. Yes, Bean Junior too wants to be father at 78. Now the billion dollar question is – how will a man, who has troubles in completing even the simplest of tasks, manage the complex task of initiating paternal bliss? But, hey! Aren’t we supposed to be in the 22nd century?! Yes, expect some relief for Bean Junior... for now, he requires no lady’s grace to hear ‘dad’!

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Source : IIPM Editorial, 2007

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

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Friday, May 11, 2007

CPI: Cost of living


According to the figures of World Economic Outlook, the general price level in the US increased the most by 3.2% in 2006. The UK witnessed an increase of2.3% in consumer price index. In Korea, CPI increased by 2.2% in 2006. For 2007, Korea is expected to have the highest increase in CPI at 2.5%, while in US & UK it is projected to hover at 1.9% and 2.3%, respectively.

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Source : IIPM Editorial, 2007

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

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, May 09, 2007

Emerges

What emerges is a picture of remarkable – though incomplete – consensus on the critical foreign-policy issues of our time. Across the ideological spectrum, international relations’ scholars agree far more on current policy and future threats than they disagree. This consensus is particularly striking on the war in Iraq: 89% of scholars believe that the war will ultimately decrease US security. 87% consider the conflict unjust, and 85% are pessimistic about the chances of achieving a stable democracy in Iraq in the next 10-15 years. Nearly all those who responded – 96% – view the US as less respected today than in the past; a sentiment, no doubt, heavily influenced by the current war. Unsurprisingly then, professors give the US President George W. Bush very low marks for his foreign-policy acumen. A scant 1% ranked George W. Bush among the most effective foreign- policy presidents of the past century.

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Source : IIPM Editorial, 2007

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

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Monday, April 02, 2007

lack of Concern

One notable feature of the report is its lack of concern for the will of Iraqi people. The report cites some polls of Iraqi sentiment, but only in regard to safety of US forces. Its implicit assumption is that policy should be designed for US government interests. The real reason for invasion, surely, is that Iraq has the second largest oil reserves in the world. The issue is not access to those resources, but control of them. Buried in the study is the expected recommendation to allow corporate (meaning mostly that of US and UK) control over Iraq’s energy resources.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri –
Arindam Chaudhuri Initiative

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, March 28, 2007

Extreme

As the reports mention, for example, many of our financial centres are located in costal areas and are vulnerable to, say, a rise in the sea level. Estimates show that a staggering $220 billion worth of assets are in the flood areas of London alone. A disruption in climate could also see agriculture productivity getting adversely affected. Even in developing countries, the sizable share of agriculture and agriculture- related activities in their economies leaves them extremely vulnerable. South Asia is another extreme where, for example, figures show that 61% are dependent on the rural sector. Worse, the surge in the cost of capital and also the cost of insuring the climatic risks will become increasingly unbearable for most of the world economies.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Thursday, March 15, 2007

Forecasted Increase

In comparison with its 2001 observations, the report also forecasted increase in earth’s temperature by 1.1 to 6.4 degree Celsius by the year 2100 and surprise surprise... with rider of a 2-4.5 degree bracket of increase given the rise in quantum of atmospheric carbon from industrial sources, which may already have been liberated enough to bear the potential to double.Then again, spare a thought for the qualitative translation of these numbers, expressing themselves in the form of flash floods and rainfall of unprecedented magnitude if you’re in Asia, lethal hurricanes and tornadoes if you’re on the other side of the Atlantic and life-sucking heat waves and droughts if you’re somewhere in between.
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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri –
Arindam Chaudhuri Initiative

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Friday, March 09, 2007

Easy Bill

In terms of sheer numbers, 1,000 Easy Bill outlets are already spanning the entire country, currently focusing on local grocery and medical stores – a move that immediately brings the convenience of payments (like electricity, water, telephone etc) to a local shop – than allowing such services to be limited to banks and the likes. But of astounding impact is the fact that the Munjals are now planning to increase the number of outlets to a whopping 10,000. With corporations like BSES, MTNL, BSNL, Idea, Reliance, Airtel, Hutch & Tata already having signed up, one doesn’t even need to wonder why Easy Bill makes its way rambunctiously into our nationwide survey of the top 25 startups. In fact, one wonders why it took them so long?

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, February 27, 2007

Large Agencies

“Also, many large agencies don’t bother about such clients,” she says. Agrees Rajiv Nair, CEO, New fields Advertising, “We are best for public sector, their ads are done on an ad-hoc basis and there are usually no big campaigns.” Says, Desai, “You will see more people setting out on their own, which in three-four years will get acquired by foreign agencies and so on...” So, does a bright bunch of creative guys who want to come on their own have a chance in hell? “Agencies that are really passionate, should challenge the biggies with a tremendous creative product.” Who knows, just as the good old fables lay it out, there are times when Davids do manage to slay the Goliaths! Is Richard Branson listening? 4Ps

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, February 14, 2007

Headline Inflation

Cost of living measured by the Headline Inflation increased by 8.3% in the month of November 2006; highest since June 2004. Core1 also increased by a whopping 7%, compared to just 4.1% in June 2006. Similarly, Core2 expanded by 6.9%in November, compared to 4.5% in June 2006. Trim10, which increased by 4.4% in June last year inflated by 6.2% in November 2006.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Mauritius outlook Overview: Mauritius economy

Mauritian real GDP expanded by 4.6% in 2006 in comparison to 2.5% in 2005. The country had a GDP of $6.44 billion in 2005. GNI per capita increased from Rs.148,971 in 2005 to Rs.163,479 in 2006. The country earned Rs.28.57 billion from tourists in 2006. Unemployment is at a remarkable high at 9.40%. The government has an internal debt of Rs.104 trillion.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, February 06, 2007

After Calm, Comes the Strom

Strangely, while the world is talking only of emerging economies and on how the payback with respect to investments in these markets is huge when compared to the developed markets, it indeed sounds strange that such an expert should wrongly be so interested in developed markets such as North America and Europe. So what’s wrong with their approach? Well, nothing really! The payback in developed countries may be lower, but is quicker and by the time the returns add-up, the company can also start investing in developing economies too, through an easier process of self- enhancing their desired investments. May we add, a move par excellence !After calm, comes the storm, surely!

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, January 30, 2007

Hutchison's Entire Stake

As year 2007 dawns on us, and Hutchison’s entire stake is on the block, Max is in the news again, and that’s because Analjit, perhaps after one more retrospection, personally bought 8.33% in Hutchison Essar from Kotak Mahindra last year for Rs.1.02 billion to rekindle his ‘telecom affair’. A smart move indeed, as by current valuations, this could fetch him a minimum of Rs.74.5 billion. Of course, he could retain his stake too. If a foreign player bags the deal, it would find Analjit to be a very important cog in the wheel as an Indian partner. But then, for his company, it’s akin to ‘paradise lost’. Indeed, it’s a treatise that’s ‘sad’ to the ‘max’!

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, January 24, 2007

Award-Winning Formula

Adds Samrat Dasgupta, Creative Director of Bates Asia, “The reason for some of the large agencies putting up a regular show is – they not only take their work seriously, but also take the awards very seriously.” He goes on to say that “It’s not the only way to go about it. But if you want to do it, you rather do it this way.” The ad awards controversy may have been done to death, but the fact remains that be it the Abbys or the AAAI awards, none of them boast of participation from the complete ad fraternity. Moreover, the panel of judges, which usually comprises of the members from top agencies, puts a big question mark on their fairness. Whatever the case maybe, it seems that if the agencies have to kiss the cup, they better start cracking the award-winning formula right away!

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Friday, January 19, 2007

Motorola & Nokia

Though talking on your phone while driving is illegal, technology from phone majors, Motorola & Nokia, allow users to ‘talk till they drop’ via Bluetooth technology, which is extremely popular in metro centres. This cornucopia of choices is the accessories industry’s hint to be in the middle of it all. Exterior styling add-ons such as alloy wheels, spoilers and neon lights, offer similar levels of variety and convenience. As a consumer, if you are not satisfied by the standard fitment in your car, the accessories industry is simply too happy to help. Thanks to its own survival issues.

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Source : IIPM Editorial, 2007

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, January 16, 2007

Air Deccan

So, what does the good Capt. G. R. Gopinath (Managing Director of Air Deccan) have to say on yet another feather in his cap? “Being adjudged India’s Best Domestic Low Frills Carrier is an endorsement of the Air Deccan vision of enabling every Indian to fly. Air connectivity is the key to harness the vast potential of the tourism and hospitality industry in India. Tourism is the largest industry in the world today and a harbinger of development, employment and prosperity to a region. The need of the hour therefore is to develop effective infrastructure and air connectivity throughout the country.” Hope this award further encourages his spirit to make air travel more affordable!

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Sunday, January 14, 2007

The Tata Group

The Tata Group has earned the first slot with a RepTrak Pulse Score of 79.41 and revenues (in 2005) of $17.9 billion. Maruti Suzuki drives in next, in line with a score of 73.08, and $2.1 billion in its boot (figures for 2004). Position number three is taken up by Hero Honda Motors, with a score of 72.01 and revenues to the tune of $1.3 billion (2004). In fourth place is Hindustan Lever with a score of 71.56 and revenues worth $2.7 billion (2005). At halfway point, on fifth place, is ITC Limited with a score of 70.1 and revenues of $2.2 billion (figures for 2004).

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Source : IIPM Editorial, 2007

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, December 27, 2006

Growth In Revenues

And with the company forecasting no expected growth in revenues till 2009, the results for the third quarter ending September 2006 (that showed a rise of 6.8% over last year in earnings to reach $12.28 billion) may be the last for many years to come! Certainly, Pfizer should look into restructuring its disjointed executive framework and not allow acquisitions and product developments to be handled in isolation by the finance & venture capital team respectively.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, December 26, 2006

NEW AVENUES TO SAVE REVENUES

The critical problem that arises when a customer becomes a competitor is the one which two big stock markets of the world, NASDAQ & NYSE are facing recently. To avoid the $100 million commission, top five financial firms Zurich based UBS AG, Goldman Sachs, Morgan Stanly, Merill Lynch & Lehman Brothers have decided to cater to their buyers and sellers themselves rather than going through the exchanges. The stand to follow computer algorithm method for selection of customers and catering to them has already brought down the Exchange’s business by 12%.

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Source : IIPM Editorial, 2006

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Sunday, December 10, 2006

Debunks Reservations From RBI


While the Commerce Ministry debunks reservations from RBI, besides caveats from the Finance Ministry (which has signalled earnings losses at Rs.140,000 crore due to huge exemptions on taxes, customs & excise duties), IMF and WTO, the next scam – the tax evasion and land-grab rip-off – looms ominously on the horizon. SEZs are better off being treated like their nomenclature suggests – meticulously planned select megaspaces offering the fundamentals of gubernatorial liberty, rock-solid infrastructure and access routes, and perhaps, tax exemptions of a much lesser magnitude. It’s only then they will ever achieve the economies of scale and stupendous progress they are capable of. For now though, a long, hard rethink on the science behind SEZ would augur well. So would a vigilant eye by authorities; elementary mathematics SEZ so...

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006



Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, December 06, 2006

BIGGER PLAYERS ARE NOT SO BIG!

It is beginning to be that time of the year yet again. A time when a sudden plan to fly down to Bangalore can have you tear your hair in frustration and increase the anxiety levels of your secretary and travel agent. You will get plenty of options when it comes to taking a flight to Bangalore, but land there and getting a blessed hotel room could be as difficult as an al Qaeda terrorist getting a visa for the United States! And Bangalore is just an extreme manifestation of what is happening across the country – an unprecedented shortage of hotel rooms that promises to get worse before it gets better. In a country where people are used to endemic shortages of power, water and even common civic sense, a shortage of hotel rooms may be yet another manifestation of India’s chronic infrastructure problems.

For Complete IIPM-Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006


Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Monday, December 04, 2006

Franklin Templeton's


Managing more than Rs.239 billion worth of assets for around 1.9 million investors, the Templeton-Hathway joint venture is one of the largest mutual fund houses in India. “The full acquisition of our Indian asset management company reinforces Franklin Templeton’s long term commitment to India, a journey that started back in 1995,” said Vijay Advani, Executive VP, Franklin Resources. With this historic acquisition, Franklin Templeton hopes to extend its arms into the highly bullish Indian asset management market. Though the deal was much publicised, both the Rahejas and the Templetons were quite unspoken about the cash element of the buy out.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Monday, November 27, 2006

Insurance Policies


They don’t believe in insurance policies as they have complete faith in the Church and their community to help them in times of need. On an average, a family has seven children and while this makes their population increase at robust rates, their constitution isn’t as healthy and strong as ever. The Amish people are basically descendents of a few hundred founders and since they marry within their community, over time their lives have been plagued by genetic disorders like dwarfism while some are so serious that they have raised the infant mortality rates to critical levels. It’s hard to believe that so many people could be living such simple lives, parallel to the fast-paced ambitious societies of the modern world. Where we’re struggling with balancing our nuclear families and our never-ending quest for the Almighty Dollar, the Amish, for most seems more like an urban legend…


For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-
Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006


Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-