President Putin will use the majority gained, to strengthen himself
W hen the Soviet Union collapsed in early 1990s,
the West was busy preaching lessons of liberal democracy to Russians. America’s ‘triumph over the evil empire’ was celebrated as the greatest moment of 20th century liberalism. Sixteen years down the line, where does Russia stand in global democratic industry? Not impressive, if one goes by standards of Western democracies. Well before the December 2 Parliamentary elections, liberal press had warned that President Vladamir Putin, who is leaving Kremlin in March, would use the results to tighten his grip over Kremlin. Despite widespread international campaign against Putin, his United Russia party emerged victorious with 315 seats, 14 seats more than the 2/3rd majority needed to pass constitutional amendments. The only opposition, United Russia would face in the Houses would be Communists. Putin had defeated the liberal opposition parties, Yabloko & the Union of Right, well before the elections, by increasing, the minimum requirement of percentage of total votes, for having a seat in Duma, to 7%.
“In the election campaign, the Unified Russia declared that it was a referendum on Putin’s policies. The “referendum” proved that Russians back Putin & his policies. However, it has not helped Russian democracy in general. Rather, it exposes the facets of Russian political system,” Sidorenko Alexy, a Russian expert at the Carnegie Endowment for International Peace told B&E. Putin, with huge majority in the Parliament, is more powerful now. He has already declared that he would step down in March 2008. What’s in his mind is unknown. But everybody knows that, after investing this much political capital in the parliamentary elections, he’s unlikely to give up his influence in Russian politics.
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Source : IIPM Editorial, 2008
W hen the Soviet Union collapsed in early 1990s,
the West was busy preaching lessons of liberal democracy to Russians. America’s ‘triumph over the evil empire’ was celebrated as the greatest moment of 20th century liberalism. Sixteen years down the line, where does Russia stand in global democratic industry? Not impressive, if one goes by standards of Western democracies. Well before the December 2 Parliamentary elections, liberal press had warned that President Vladamir Putin, who is leaving Kremlin in March, would use the results to tighten his grip over Kremlin. Despite widespread international campaign against Putin, his United Russia party emerged victorious with 315 seats, 14 seats more than the 2/3rd majority needed to pass constitutional amendments. The only opposition, United Russia would face in the Houses would be Communists. Putin had defeated the liberal opposition parties, Yabloko & the Union of Right, well before the elections, by increasing, the minimum requirement of percentage of total votes, for having a seat in Duma, to 7%.“In the election campaign, the Unified Russia declared that it was a referendum on Putin’s policies. The “referendum” proved that Russians back Putin & his policies. However, it has not helped Russian democracy in general. Rather, it exposes the facets of Russian political system,” Sidorenko Alexy, a Russian expert at the Carnegie Endowment for International Peace told B&E. Putin, with huge majority in the Parliament, is more powerful now. He has already declared that he would step down in March 2008. What’s in his mind is unknown. But everybody knows that, after investing this much political capital in the parliamentary elections, he’s unlikely to give up his influence in Russian politics.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
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IT majors like Sun Microsystems and IBM are organizing press conferences and creating their spaces within SL. CISCO and DELL (www.dell.com/secondlife) are already selling products in-world. TELUS Mobility (www.telus.com) opened a retail outlet offering replica mobile phones with SL specific features. Leo Burnett Worldwide has started a community for their globally dispersed staff to explore the possibility of opening up shop within SL. And last summer, American Apparel opened a branch with a lot of fanfare selling digital renderings of their actual collections. And since money is changing hands, banking as a business is flourishing in SL. Based on current estimates there are as many as fifteen odd banks in SL today out of which ten operate in-world only. This is raising questions of how such non-regulated entities should be managed.
I will choose funds like Birla Sun Life Frontline Equity, Franklin India Prima Plus, HDFC Top 200, Kotak 30 and Principal Global Opportunities as its major constituents. They all have garnered fabulous returns in the past and surely hold a great potential as far as future growth is concerned. Moreover, instead of ranking them on a scale of one to five, I would treat them all equal. All of them have been really resistant to market volatility and appear equally good to me with respect to future performance too. In fact other mutual fund schemes are not far behind. They all seem to have garnered decent returns in the past. 
Growth Fund, DSP ML Tiger Fund, Sundaram Select Midcap and Birla Frontline Equity Fund are the top five schemes, which really have the potential to garner good returns. The Reliance Funds (designated schemes under Reliance SIP Insure) even provides free life insurance cover at no extra cost. These are long term schemes which will help in long term wealth creation. Minimum investment to the tune of Rs.2,000 per month is available. With infrastructure sector all set to witness major growth, investors have a good option in DSP ML Tiger. Birla Frontline Equity too is aimed at long term growth. 
aggressive mutual fund investments over the last couple of years, never bothered with the above precautionary statement, blurted out in fast-forward mode at the beginning and end of every bucolic communication emanating from various asset management companies (AMCs). He is not alone. For most retail investors going alone in the surging equity markets, friends, associates and tele-channels, proved to be the first and last advice centres. And as the markets were running faster than a doped athlete (with mutual fund houses offering returns as high as 100%), investors threw caution to the winds. But what goes up, comes down. Struck by incessant market volatility presently, mutual funds are no more the safe haven that they once were. Returns have fallen worse than a pack of cards over the last few months, and people like Anand are learning their lessons the hard way.
behind that ‘S’ logo you see on the grill of that omnipresent Swift. This is the same piece de resistance adorning the bulging, yet classy tank of that elusive Hayabusa GSX R1300, one of the most powerful street bikes ever! The ‘S’ sign is a symbol of raw power, virility, waiting to be unleashed at a throttle’s notice and is indeed coveted. With such a potent definition, this explosive logo has a brand image which is hard to match when it comes to the ‘must have list for men’; and evidently, Suzuki is proud of its testosterone inducing moniker.
is not adhered to. Ratna corroborates, “We believe in openness and trust which makes us gel and in taking care of employees; not only those who have been with us for long standing years, but even the very new ones.” Even when I analysed the communication channel present in the organisation, I found Emami to be an open and informal organisation. From the HR side, they have a quarterly news letter called ‘Endeavour’, which acts as a communication medium for and between all departments. They also an HR Intranet called the Encarna (Encarna in Spanish means Incarnation; so it is an electronic incarnation of HR). It was a pleasant surprise when I came to know that all these names (Endeavour, Encarna) start with the letter ‘E’ as Emami begins with the letter ‘E’. And with respect to training and development, Emami has both internal and external programs. Though they invite eminent faculty members and senior personnel to impart training, employees are also sent to reputed institutes to undergo short and long term MDPs.
as well as aggressive PE groups, there is always that theoretical chance that something more desirable for Yahoo! would emerge. It may be more an issue of Yahoo!’s management really believing that there is great upside potential if the company remains independent and not wanting to transfer that potential to Microsoft regardless of price. “If it were ever put to a shareholder vote, however, I imagine shareholders would look at the situation much differently and line up in overwhelming numbers in support of a sale to Microsoft”, feels Richard.