It will not come as a surprise if business schools soon have case studies of the Sterlite Copper issue as an example of bad governance. More than the company, it is the various state governments that have been in power that are to blame for the mess in Thoothukudi, Tamil Nadu.Ironically, the political parties that are protesting against the plant have at some point or the other, been responsible for clearing the path for the plant.Now, succumbing to the pressure of the so-called ‘peaceful’ protesters, the state government has asked Sterlite to shut down its unit. The writing was on the wall when the state Pollution Control Board was asked to seal and permanently close the plant following last week's violent protests in which 13 people were killed in police firing.Close The fact that the protesters were the ones who were attackers was lost on the government amidst the political din in the area. The chief minister had justified the police firing in the initial days. The … [Read more...] about COMMENT | TN government agencies should cop criticism over Sterlite fiasco
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advertisement advertisement The year 2012 is not only the Year of the Dragon, it also marks 30 years since In Search of Excellence was published. While there have been voices over the years which have been critical of the book’s methodology, its resulting content, and even its writing style, the case can be made that it is the most influential management book not only in these last 30 years but perhaps–just perhaps–ever. Hyperbole? Consider: It created a new genre of “best seller” business books, works that were not only informative but interesting and highly readable for Everyman. With a few exceptions, such as McGregor, Chandler, Sloan, maybe Drucker, many (most?) prior books on management/leadership were arcane tomes written by academics for academics and practitioners and were rarely found on any popular “best seller” list. Now “business” is considered a book category in itself thanks in no small part to … [Read more...] about The Most Influential Business Book Of The Last 30 Years?
Successful traders are like race drivers. They know how to manoeuvre their way at high speeds. What makes them different is that they know what lies under the hood of the vehicle they are driving and how to correct it if there is a breakdown.The charts and indicators that they use are well-researched to the point where they become second nature and muscle memory. They do not need to think before they react; the reaction comes automatically.If you are a scalper who holds a position for a few seconds to a maximum of a few minutes, your reaction has to be automatic. There is no time to think, all the thinking has to be before and after market hours.Close Sivakumar Jayachandran (@justsiva123) trades on the high-speed race track. A scalper 90 percent of whose trades are held for less than two minutes, Siva as he is called by fellow traders was another trader who proved his mettle at the this year’s Investor Carnival held in Goa. Trading on expiry day along with veteran traders, … [Read more...] about Sivakumar Jayachandran: Journey of a BPO employee to a star trader
Undeterred by the initiation of impeachment proceedings against him, Donald Trump has warned Americans that the country will head towards unprecedented "depression" if he is not re-elected in the 2020 US presidential elections.Addressing a Republican Party rally in Louisiana on Wednesday, Trump told thousands of his supporters that he is winning again."We are winning. We are winning like never before. The best is yet to come," Trump told his supporters at the rally ahead of the election of the Louisiana governor, a day after his Republican Party received a drubbing in several state and local elections.Close Trump asserted that America's economy under his presidency is booming. He warned that the country will be headed towards depression if he is not re-elected in the 2020 polls. "You will have a depression the likes of which you have never seen before," he warned. related news Uber CEO Dara Khosrowshahi says he was wrong to call Khashoggi killing a 'mistake' Hong Kong on … [Read more...] about Undeterred by impeachment proceedings, Donald Trump says he is winning