Learning to do it better, and faster

China, in some ways, can put hard core capitalists to shame. The way China is investing billions of dollars to create a global intellectual powerhouse, going all out to partner with world class educational institutions, building cutting edge research centers, revising their existing programmes, goes to show that the Chinese leadership has a definite agenda.

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Source: IIPM Editorial, 2006

MUL continues dream run

Marking Maruti Udyog Lim­ited’s (MUL) tenth consecu­tive quarter of profits, India’s largest car manufacturer has recorded a 43% surge in net profits for the quarter ending September 2005, at Rs.2.63 billion. Last year’s figures for the same period were Rs.1.84 billion. The robust growth has been attributed to sale of 150,543 units in the quarter, including exports of 11,880 units. However, operating profit margins for the com­pany were lower than expec­tations, mainly due to the roy­alty payment of its new model, Swift. In addition to the three Maruti driving schools op­erating in the country, MUL has announced plans to set up fifteen more such schools across India. Undoubtedly, here’s wishing Maruti a ‘Swift’ drive ahead.

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Source: IIPM Editorial, 2006