http://epaper.sakaaltimes.com/SakaalTimes/13Feb2012/Enlarge/page8.htm
Original script
Pakistan's Supreme Court will indict PM Yousuf Raza Gilani against a contempt of court charge. Mr Gilani is set to be charged on 13 February with failing to reopen corruption cases against President Asif Ali Zardari. If convicted he faces jail and being barred from office. The National Reconciliation Ordinance which is at the eye of the storm grants amnesty to politicians, political workers and bureaucrats who were accused of corruption, embezzlement, money laundering, murder, and terrorism. Pak SC had declared the NRO unconstitutional in 2009. More than 248 politicians bureaucrats have benefited from NRO including prominent names like Asif Ali Zardari, Rehman Malik, Hussain Haqqani & Fazal ur Rehman to name a few. Gilani’s argument that president has immunity as head of state is hollow. President is a citizen and law is equally applicable to him as it is to any other citizen. NRO is a spineless act designed to preserve interests of corrupt politicians. What defies logic is the fact that a law being passed in the assembly to forgive criminals. Indictment of Gilani can be an existential threat to the current government & soon other big names might follow leaving the country once again at the mercy of army.
Saturday, February 18, 2012
Saturday, January 21, 2012
Published letter - Eastman Kodak: Death of an icon
Date: 21/01/2012
http://epaper.sakaaltimes.com/SakaalTimes/21Jan2012/Enlarge/page8.htm
Original Script
Eastman Kodak recently filed for loan & bankruptcy protection in USA. Though this does not spell the certain death for the icon but is a severe dent in its 131 year glorious history. For Kodak regaining lost market position will be a like climbing a greasy pole. With 1100 digital patents Kodak did revolutionize imaging and has helped us all retain good old memories. An international brand which went from $31 billion to $150 million in 15 years does paint a sorry picture of lack of vision and mismanagement. Kodak clearly failed to anticipate change in film market and unlike its Japanese rival, Fujifilm, failed to diversify its core operations. Fujifilm diversified its business successfully by venturing into medical and pharmaceutical industry. Kodak struggled with falling film sales since 1990’s and its restructuring strategy which broadly emphasized on gaining market through digital cameras and digital printing was killed by the rapid invasion of camera cell phones. The irony is Kodak pioneered digital camera technology in 1970’s but failed to recognize its potential until it was too late. It failed miserably to compete with Sony, Nikon and Canon in digital camera market. Kodak can be considered as a prime example of adapt or perish. It is sad to see the Kodak moment blur away.
http://epaper.sakaaltimes.com/SakaalTimes/21Jan2012/Enlarge/page8.htm
Original Script
Eastman Kodak recently filed for loan & bankruptcy protection in USA. Though this does not spell the certain death for the icon but is a severe dent in its 131 year glorious history. For Kodak regaining lost market position will be a like climbing a greasy pole. With 1100 digital patents Kodak did revolutionize imaging and has helped us all retain good old memories. An international brand which went from $31 billion to $150 million in 15 years does paint a sorry picture of lack of vision and mismanagement. Kodak clearly failed to anticipate change in film market and unlike its Japanese rival, Fujifilm, failed to diversify its core operations. Fujifilm diversified its business successfully by venturing into medical and pharmaceutical industry. Kodak struggled with falling film sales since 1990’s and its restructuring strategy which broadly emphasized on gaining market through digital cameras and digital printing was killed by the rapid invasion of camera cell phones. The irony is Kodak pioneered digital camera technology in 1970’s but failed to recognize its potential until it was too late. It failed miserably to compete with Sony, Nikon and Canon in digital camera market. Kodak can be considered as a prime example of adapt or perish. It is sad to see the Kodak moment blur away.
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