International Legal Eagles

There are two schools of thought when it comes to understanding the relationship between the international law and national law. The Monist theory asserts that there is one homogenous system of law and there is no difference between the national and international law. For the monist, international law is simply part of the law of the land, together with the more familiar areas of national law. Dualists, on the other hand, opine that the international and domestic laws are two distinct entities and that “they exist” side by side, within different spheres of action – the international plane and the domestic plane. Countries like India, Israel, UK and others follow the monist model. The thin line dividing the two streams of law is gradually thinning under the weight of “politics of globalisation” – internationalisation of human rights and environmental issues. The formation of International Criminal court (ICC) in 2003 marked a watershed in bridging the divide. Although India and USA are not members of the ICC, they are actively involved in the evolution of the international legal norms. As the borderless world evolves further, the Monist are likely to be marginalised in coming times.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Connecting the world @ 95 paise

If calling anywhere in India at Re.1 is cheap, then what is calling any part of the globe at 95 paise? World Phone Internet Services Private Limited has introduced World Phone cards in India (along with 30 other nations) which will significantly bring down the cost of making international calls. From now on, internet users in the country can make international calls from their computers using the Internet telephony network. Just like mobile recharge cards, World Phone’s internet calling cards would be available to the users in denominations of Rs.250, Rs.500 and Rs.1,000 with a validity of 100 days. Along with making international calling very affordable, this service also aims to curb the rising illegal internet telephony in the world.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

With the entry of Fortis, retail sector is on a roll.

Unveiling the Fortis HealthWorld logo, Malvinder Singh, CEO & MD, Ranbaxy Laboratories, said, “We are entering the retail business and investing Rs.8 billion in the retail stores, covering over 400 towns.” Shivinder Singh, CEO and MD of Fortis, said, “We are extending one more arm in the healthcare sector. There was a gap in this field as patients were looking for medicines, which are not spurious. We are providing them that place which is easily accessible.” With the kind of retail setup that Fortis is planning, people need not go to a hospital for a blood test or to buy quality medicines. The stores would run round the clock and offer customers value-added services such as prescription reminders, loyalty programmes, OPD appointments and free home-delivery.

By 2008, the company plans to open more than 250 stores across India. Here’s wishing it a happy roll-out!

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative