Big Bull’s Drive Towards The Big Crash

IIPM-Publications

IIPM-Bangalore ! IIPM-Chennai ! IIPM-New Delhi ! IIPM-Mumbai ! IIPM-Pune ! IIPM-Hyderabad ! IIPM-Ahemdabad

Set on fire by the ‘big bull’, Harshad Mehta, Sensex witnessed its first ever major bull run in the year 1992 by surpassing the 2000 mark on January 15; 3000 on February 29; and 4500 at the end of March 1992. But the rally came to a halt with news breaking out of a major scam and Mehta going to jail; markets crashed like never before, from 4500 to 2500. In fact, on April 28, 1992, the Sensex registered its biggest single day fall till date by losing 570.42 points; markets remained closed for five days thereon. The scam also exposed the intermeshed brokerbanker nexus.

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

Source IIPM-Editorial,2006

NACO (IIPM-Press Release)

When the whole world is going gaga over the HIV/AIDS scare, can India be far behind? Soon after the first few HIV cases were reported in the country in 1986, the government went ahead and launched the National Aids Control Programme (NACO) in 1987. NACO is responsible for overseeing the effective implementation of the program and coordinating multi-sectoral coordination for the same, with dollops of foreign grants and government funds. Needless to say that the government’s timely intervention has managed to control the AIDS spread in India, with only 5.1 million HIV infected people in the country. In contrast, a similar drives needed to control the rising TB deaths in India. More than 4,50,000 people die every year from TB in the country. Is someone listening?

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

Source IIPM-Editorial,2006