SBI funds a series of huge response

Infrastructure Fund – Series I from SBI Mutual Funds has got an overwhelming response from the investors & has accumulated Rs.25 billion. SBI received 6 lakh applications for the fund. This fund is a three-year close-ended, growth oriented scheme & would reopen for constant re-purchases from July, 2010. The company is also planning to set up new schemes like gold exchange traded fund (ETF) & on-shore fund for overseas investment – keeping the needs of their customers in mind. The Resurgent Indian Opportunity Fund – the off shore fund launched by SBI MF, however didn’t draw notable response.

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Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

Women make better primate watchers than men is discriminatory or true

After nearly a decade along this primate path, I believe that the Vervet (monkeys) and Chacma (baboons) have further aided my understanding of our relationship to the environment, culminating in the theory that we are not one species above but one species amongst all others, and that conservation when focusing simply on serving people and less on biodiversity is unlikely to achieve successful long term initiatives. A feminine perspective of the environment is still less apparent than a male one. Developing poorer countries where socio-economic, or religious and cultural factors have influenced the scarcity of African and Asian women in primate conservation in the past, have been fortunate in having the knowledge of Leakey’s “angels”.

Since democracy in 1994, South Africa has been slowly moving away from a patriarchal society. The battle to eradicate poverty and remove inequity jostles for top position with environmental degradation and the effects of global warming.

Floods and droughts brought about through climate change have found wildlife struggling to adapt to changing ecosystems that are also responsible for rural Africans increasingly moving to towns, highlighting the fragile relationship between humankind and eco-systems. In areas where humans live side by side with wild animals, and resources are competed for, ongoing conflict between humans and wild animals has escalated. The Vervet monkey and Chacma Baboon are merely two species that continue to be shot, poisoned and captured as human habitats encroach further on their territories. These primates are listed on Appendix two of C.I.T.E.S., yet their populations are not officially monitored; reports reveal escalating damage to troop structures as well as dwindling numbers. If this trend continues, our primates face extinction.

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Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Do we ever care at all?

The Indian bureaucracy is well known for designing lopsided development models. There is hardly a semblance of sanity in the thought processes, which plans India’s future. In their zeal to build fl yovers, they conveniently forget that pedestrians too have to be provided for. Highways are inaugurated with great fanfare, paying scant regard to the fact that shops and residences along the highway can be traffic hazards. They spend millions on advertising Goa as the ultimate tourist destination in India, but hardly bother about the cows, which squat right at the entrance of the Airport to greet the incoming tourists. This lack of holistic planning is much evident in the way we have encouraged consumerism without thinking about how we would dispose off the waste created by high consumption levels.

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Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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The government as well as Indian cement companies need to address mining related environment hazards

A recent report by CSE reveals some anomalies, though. The report covered 80% of the sector and stated that the top players are poor environmental managers, who are concerned “more about economics than environment.” Grasim was rated mediocre and ranked ninth and ACC (now a part of Holcim) was awarded the third position. India Cements was way down the table. Interestingly though, Indian cement producers have been found to have significantly lower carbon dioxide levels as compared to their European and American peers. It is also true that cement companies are playing a major role in reduction of fl y ash (from power sector) and blast furnace slag (from iron & steel plants), which are used for making blended cement. So what exactly are critics raising their eyebrows for?

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Source: IIPM Editorial, 2007

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative