The bankruptcy of the Dubai Model!

Mohan Guruswamy
There is a delicious irony to the Dubai bust. From November 20-22 this year it played host to the World Economic Forum's Summit on the Global Agenda and where the so-called Dubai Model was lauded and touted as a recipe for emulation by others.
The WEF meeting in Dubai was supposed to do for it what the summer Olympics last year did for China!
While the Olympics were real as were China's many achievements, the Dubai Model and the WEF, both, have a fraudulent ring to them.
The WEF, despite its official sounding name, is really a Swiss NGO started and run by Klaus Schwab, a former business management professor at a small time college who managed to parlay an official sounding name and some plain old huckstering into a global movement propagating a free wheeling capitalism and by fostering boundless optimism on the ability of private sector managers to solve the world's problems.
Many of the WEF's early stars -- like Percy Barnevik of ABB -- have fallen by the wayside after being exposed as highly paid frauds with till-dipping proclivities, but the WEF has just kept growing by keeping one step ahead. As it did in Dubai last month.
Today the fading and tattered posters of Sheikh Mohammed bin Rashid al-Makhtoum and airports choked with departing workers and managers tell the story of the economic mirage in the Arabian desert.

3i Infotech Profile
3i Infotech is a global Information Technology company which provides technology solutions to over 1500 customers in more than 50 countries across 5 continents, spanning a range of verticals. The Company provides software products, IT services and Business Process Outsourcing (BPO) for a variety of industry verticals including Insurance, Banking, Capital Markets, Mutual Funds & Asset Management, Wealth Management, Government, Manufacturing and Retail. These solutions and services include Managed IT Services, Application Software Development & Maintenance, Payment solutions, Business Intelligence, Document Imaging & Digitization, IT Consulting and various Transaction Processing services. The Company's quality certifications include SEI CMMI Level 5 for Software business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Center Operations and ISO/IEC 20000-1:2005 for Data Center Management Services. The Company's Global Delivery Model provides for the best resources to be drawn from its vast talent pool across the globe to offer optimal solutions. 3i Infotech was promoted by the NYSE-listed ICICI Bank, India's largest private sector bank. The Company integrates its products and services to create customized solutions to allow you to undertake technology-based business transformation that allows reorganization in line with today's dynamic digital business environment.

IIMT ORGANISING EVENT

Today (27st november 2009)IIMT Management college going to organising different types of events
In this event containce lot's of competition and in this competition most of greater noida and NCR management college student participate.
some events name are
-Tol mol ke bole
-skit
-Business Quiz
and some other activity also cunducting by IIMT MANAGEMENT COLLEGE GREATER NOIDA.

Facebook creates new share structure

Facebook, the world's largest social networking site, has created a dual-class share structure to give its owners full control over the company.

A number of privately-owned firms, including Google, have introduced a similar structure before becoming publicly listed companies.

But Facebook said it had no plans to go public "at this time".

The site has more than 300 million monthly users and is now making money, well ahead of schedule.

"We did introduce a dual class stock structure because existing shareholders wanted to maintain control over voting on certain issues, to help ensure the company can continue to focus on the long term to build a great business," said Facebook spokesman Larry Yu.

Analysts said that without the new structure, new shareholders could force through business decisions based on short-term gain rather than long-term interests.