Cold Rolling Mill

A quick calculation would immediately show that these moves on 24,000 employees would leave Tata Steel with just around 10,000 primary employees, perhaps even lesser. If that’s not called destroying the old mould, what is? Pray allow us to tell you... Parked inside the spaceship-like control room of one of the plants, the figure hit us like a sledgehammer; and it took us almost a few minutes to digest the magnanimity of it. And we’re not even talking about those 24,000 mentioned above. Digest this – while around 30,000 odd employees sweating it out in the blast furnaces & Hot Rolling Mill bring out 2.5 million tonnes of steel annually, guess, in your wildest thoughts, how many employees does it take for Tata Steel’s most recent Cold Rolling Mill (CRM) with cutting edge technology to take out 1.5 million tonnes of steel annually.

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Political Instability

For we all suffer from the political instability to which such despair gives rise. But it is America that perhaps now stands to gain the most by reviving Doha talks with a more credible and generous offer. US influence in the world has suffered greatly in the last few years; the Bush administration’s hypocritical use of free-market rhetoric while pursuing protectionist policies has made matters worse. America’s national interests thus dictate a policy change. But there’s another powerful rationale for it: Treating fairly those who are poorer and less powerful is the morally right thing to do.

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Xboxes

The age is such that there is no place for the technologically-challenged. Read on the computer, communicate on cell phones, and play on Xboxes… feeling newsprint feels like an alien sensation altogether. So, are the Cassandras of the literature world having the last laugh? Too soon; the first signs of gainsaying – the success of such book trade fair events. According to official spokesperson Liz Sich, Director, Colman Getty Consultancy, “… over 600 million euros of business is done at the Fair and over 280,000 visitors are expected to attend.” The reading habits are robustly secure…
There is, however, cause for concern certainly.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006