Despite Bush’s claims, US investments in education have been grossly misdirectedThe report also states that there are other member nations, whose expe

The report also states that there are other member nations, whose expenditure on education has been way below OECD averages, yet their ‘accomplishments’ (read ‘performances’) in Programme for International Students (PISA – which tests 15 year old students on reading, mathematics and science), has been very good. For the same program, the ‘accomplishments’ of American students had been clearly ‘below average’. This group of statistics gives a poignant rebuttal to the exactitude of President Bush’s ‘most significant accomplishment’ statement and sadly, also clarifies the fact that the amount of investment in the US has not had a respective bearing on educational output.

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Source:- IIPM Editorial

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TCS has been a tremendous success during the last three financial years

In terms of building up market value, TCS has been a tremendous success during the last three financial years. Its market cap has burgeoned from zero, as on March 31, 2004 (as it was not listed) to a whopping Rs.936.59 billion by March 31, 2006. It ranks as the fifth most valuable company in India. Bharti Airtel and ITC are two other names, which have added almost Rs.400 billion each to their value during FY05-06.

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Companies can’t afford to neglect the economy segment

Those who believed that the industry is moving towards the executive & premium segment, and that the economy segment is losing its shine, need to necessarily shift to euro 10 norms, pretty fast! Kalpesh Parekh, AVP, Equity Research, rejoins, “Companies can’t afford to neglect the economy segment. They need to have a dual model strategy. They should work on the economy segment for rural India and executive, premium segment bikes for the urban India.” Furthermore, in this rolling fiscal, Indian two wheeler space, especially the urban markets, will be driven by a technology revolution. Not counting the new bike launches, which occur faster than how ‘KK’ serials change on Rupert Murdoch’s cable channels. Evidently, two-wheeler gods & kings will be battling for the technological edge, even in the new launches. Hero Honda has already launched a fuel-injection model with 125-cc Glamour F1.

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We’re choking on the emissions!

The sunny state of California isn’t feeling particularly kind these days. The state has announced that it is going to sue six US and Japanese automakers (it’s a first of its kind legal battle in the US). And why? Because these six were contributing to global warming, that’s why. The offending parties are: Chrysler Motors Corporation (an arm of the Germany-based DaimlerChrysler); General Motors Corporation; Ford Motor Company; and the North American subsidiaries of Japanese carmakers Honda Motor, Nissan Motor and Toyota Motor.

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