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If one has to ask what is single biggest achievement of Ratan Tata who has hung his boots? The simple answer would be: reliability of Tata products and the confidence that customers have reposed in brand Tata. Customers see the Tata label, and without blink of an eye, purchase the item. Ratan Tata’s second achievement was in the automobile industry; he gave India first indigenously produced car.

NEW DELHI: Chairman of the board of American Society for Quality (ASQ) Dr. James Rooney was in India last month to interact with the Department of Management Studies of IIT, Delhi on the prime role of quality in making a success of globalization. In an interview with the IPA Energy Editor Surojit Mahalanobis, Dr. Rooney spoke about the major challenges facing the managements and industries today.

The Justice Verma Committee has asked ‘all members of the public’ among others to respond with ideas, knowledge and experience, to assist the committee in reaching its objective of suggesting amendments of laws relating to crimes against women. The notice has been published in many newspapers. This act is rather usual but has been sold to the public by the government as some sign of its active response. Parliamentary committees regularly serve such notices to the public.

Chakravarthy Rangarajan, who authored the official report recommending gold decontrol 25 years ago at the instance of the Rajiv Gandhi government and was amply rewarded ever since, appears to be a much disturbed person these days. His report led to the abolition of the Gold Control Act of 1962 and helped this poor country indulge in a big luxury of importing larger and larger quantities of gold year after year until it had worn the uncomfortable crown of being the world’s largest gold importer since 2010 with an all-time record volume of 1,006.3 tonnes as per the World Gold Council data.

New Delhi: In the backdrop of the recent heinous gangerape in the Capital, the Government has geared up to strengthen its network for tracking crime and cracking down gangsters.

The US Congress approval of a deal sparing the middle class from tax rise but letting the wealthy pay the higher pre-Bush rates—a personal victory for President Obama to redeem a campaign promise - along with a two-month deferment of spending cuts, lifted the threat of a “fiscal cliff” at the start of the New Year. However, it does little to give any immediate boost to the still fragile US economy, let alone lowering the levels of unemployment.

In William Shakespeare’s Julius Caesar, Cassius, a nobleman, speaking with his friend, Brutus confides in the latter that in the best interests of the public, Julius Caesar must be stopped from becoming the monarch of Rome. Cassius tells him “The fault, Dear Brutus, is not in our stars, But in ourselves, that we are underlings.” How apt is this quotation today! The solution lies in us not elsewhere.