Archive for November, 2007

Poor joke on carbon credits

This is eco-logic gone perverse. Now, if a UK citizen flies to India on a holiday to see the Taj Mahal, he can cleanse himself of the guilt of greenhouse gases (GHGs) emitted from burning fuel by ensuring farmer families in India stop using diesel pump sets and instead begin pumping water manually. And there [...]

Waste is a thief

–Contributed by Vivin Wason Losses in retail through shoplifting prove to be hazardous for retailers as it results in a pure loss for the organization. The people involved in this activity could vary from the actual thieves, to the organizers, diverters and the sales personnel who get the merchandise back out to the market.   [...]

London and India : Partners in Globalization

– Contributed by Shweta Gulati I recently attended a conference titled "London and India: Partners in Globalization". Its theme was "What does it take to succeed as a Global Business". It was held on Nov 20, 2007 at Hotel Shangri La. It started with a welcome address by Ken Livingston, the mayor of London. He [...]

Web Site Aims To Simplify Electronics Shopping

CONSUMER ELECTRONICS SEARCH ENGINE RETREVO will launch a new version of its site next week, just before the upcoming holiday shopping season. The revamped site, still in beta, will feature overall value and "community" ratings for each product based on professional and user reviews. Started in 2005, Retrevo aims to simplify consumer electronics shopping by [...]

Organized Retail in Unorganized Cities can’t really grow big

The CEO Connect forum of the Department of Management Studies (DoMS), IIT Madras invited Mr. Rajeev Karwal, Ex-President & CEO, Consumer Durables Vertical of Reliance Retail to share his valuable insights and enlighten students about the present scenario and future prospects of the Retail sector in India. Starting off a session marked by sharp comment, [...]

The Food Safety Act and product liability clause in the Consumer Protection Act is going to be introduced for protection of sub standard goods and services.

–Contributed by Deepak Miglani The industrial revolution and the development in the international trade and commerce has led to the vast expansion of business and trade, as a result of which a variety of consumer goods have appeared in the market to cater to the needs of the consumers. The evil of substandard goods illegally [...]

IT INDUSTRY EYES SMEs FOR EXPANSION

Nasscom in the process of identifying SME Clusters and plans to take SAAS (Software-as-aservice) forward through manufacturing associations and big IT players While the domestic market for India ITV industry is logging into big times with nearly 28% growth per annum, the IT industry is now chalking out plans to expand thier base in the [...]

The Strength of collective might: Imperative to collaborate & Co-Opt for SMEs.

–Contributed by Vasant Prabhu As the Rupee tumbles to new domestic lows while appreciating against the Dollar, Software companies are running for cover, literally, covering their receivables (revenue cash flows from overseas operations) against Foreign exchange fluctuations. The Rupee depreciation is however not bad news altogether, on the positive side it is an indicator of [...]

SMEs must lower costs, improve quality

Walter D’Souza, convener, Federation of Indian Export Organisations (FIEO) Committee on Agro Exports and Agri Export Zones, on Friday said that small and medium enterprises (SMEs) needed a comprehensive programme for improving technology and better access to credit. Inaugurating an SME workshop on ‘Growth opportunities for exporters’ organised by the FIEO and ICICI, Mr. D’Souza [...]

Ad hoc arbitration vis a vis Institutional Arbitration

—Contributed by  Deepak Miglani (Legal Buddy) Arbitration for settling disputes has been followed since time immemorial. Even today, people settle disputes by approaching the head of the family or a respected person in the locality.   Today, arbitration is a very popular mode of alternate dispute resolution in the commercial world and one can find an [...]