POTA Funny!- November 26, 2007 DEFENCE : ANTI TERRORLAWIts funny theres no Act now...Probably theres no other country in the world, which has faced such a severe onslaught of terrorism and yet finds itself lacking tough laws to combat this menace. NDA Governments POTA (Prevention of Terrorism Act) was brought in effect through an ordinance, but the UPA, to prove its secular credentials, revoked the powerful law, arguably only to handicap the police in convicting terrorists. Though POTAs efficacy can be questioned, the fact...http://iipm-bestfaculty.blogspot.com/2007/11/pota-funny.html The armys fallen behind China- November 23, 2007 Defence : ArmyBarmy armyConsidered to be among the best in the world in terms of skills and professionalism, the second largest army of the world has for long kept itself apolitical and has won many a war for the country. But over the last few years, it has been losing some of its sheen due to a severe shortage of commissioned officers, increasing pressure to deal with insurgency, suicides among its personnel and inordinate delay in getting the right kind of hardware owing to political...http://iipm-bestfaculty.blogspot.com/2007/11/armys-fallen-behind-china.html The Man of Steel gets his hands in Oil- November 21, 2007 After becoming the countrys Steel baron, L. N. Mittal has set his eyes on oil. Taking an exception to the current 26% FDI limit in public-sector petroleum refineries, government gave green signal to Mittal, allowing him to pick up 49% stake in Bhatinda refinery of HPCL for Rs.33.65 billion. The stake in the state run refinery with a capacity of nine million tonnes per year is being acquired through Singapore- based Mittal Energy Investments. The deal marks Mittals foray into the oil sector and..http://iipm-bestfaculty.blogspot.com/2007/11/man-of-steel-gets-his-hands-in-oil.html HLL Lever ages the power of Hindustan- November 20, 2007 In tune with its global identity, FMCG giant Hindustan Lever Ltd. (HLL) has finally re-christened itself as Hindustan Unilever Ltd. (HUL) after getting the government nod. The name change episode can be traced back to December last year when rumours started floating around about its probable name change. In February this year, the name change got the board of directors approval which was followed by shareholders approval in May 2007. The new name asserts the equilibrium between the companys...http://iipm-bestfaculty.blogspot.com/2007/11/hll-lever-ages-power-of-hindustan.html |