OTC poison...

IIPM BEST MBA INSTITUTE

Medicines sans prescription must be stopped
The sale of globally banned drugs through OTC (Over the Counter) is alarmingly on the rise in India. While all attention of the government seems to be on controlling prices of branded drugs and making generic versions available, it’s high time for the government to ensure there is strict control and vigilance on drugs that are easily available over the counter (which can be purchased without the prescription of a registered medical practitioner).

While chemists are more than happy to sell them for high margins; patients find it a convenient way to take care of the so called ‘non-serious ailments’ and avoid going through the tumultuous process of visiting the doctor. But what they remain unaware of is the serious side effects of drugs like Analgin, Nimesulide, D’cold & Vicks 500. Almost all the ‘common cold drugs’ contain in them harmful ingredients like phenylpropanolamine. This chemical is banned in most of the developed countries as they are reported to be responsible for heart attacks. Analgin on the other hand has serious ramifications on bone marrow. Even though the government can claim to have brought out a number of notifications that ban the manufacture and sale of as many as 70 such drug combinations, the problem still continues to persist across pharma retail outlets in India. With MNCs selling banned drugs in India, matters are only getting worse.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

GE plans to invest more on the Indian turf

IIPM PUBLICATION
Banking on growth exhibited by the Indian economy, General Electric (GE) plans to extract a huge $8 billion in revenues from the Indian market by 2010. With the vision “In India, for India”, GE India President & CEO Scott Bayman has declared investments of another $600 million in the country. He projects that India and China would account for $50 billion by that year (incidentally that means a mammoth $42 billion from China!). Financial services would be the major contributors to this revenue.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Work-life balance is, in fact, a personal choice based on what feels right to you, given what you want from life...

IIPM BEST MBA INSTITUTE
For them, there is about a 15- year period in their careers in which the choices they make are not about what they want from life professionally and personally, but about what is right for their kids. That period can be a fraught time, in which choices and consequences are more complex. That, however, is a topic for another column (as it has been in the past).

But to your more general question, yes, it is completely possible to be a top performer and “achieve work-life balance”. Most top performers have already made a choice – work is a priority – but their talent helps them forge a meaningful outside life too, often with just the balance they want.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative