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Monday May 5th
. High On Tech, Low On Utility: Tacky but cheeky, Google ofers Hindi translation (0 comments)
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Saturday May 3rd
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Friday May 2nd
. Are Courts Corrupt? Bar wants to know In Confidential Survey (0 comments)

Thursday May 1st
. Section Of Bihar Lawmakers Unhappy With Chief Minister Nitish Kumar (0 comments)
. Bihar Government Implementing RSS Agenda: Rashtriya Janata Dal (RJD) (0 comments)
. Very Few NCERT Books In Patna stores (0 comments)
. NTPC To Enter Distribution With Kahalgaon Project In Bihar (0 comments)
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Wednesday April 30th
. Finance Minister P. Chidambaram Extends Tax Breaks For IT Firms (0 comments)
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. Study Suggests Math Teachers Scrap Balls and Slices (0 comments)
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Tuesday April 29th
. Paswan Announces Third Steel Processing Plant In Gaya By The Steel Authority of India Limited (SAIL) (0 comments)

Monday April 28th
. Patna University (PU) Bid To Improve Research Facilities To Its Scholars And Faculty Members (0 comments)
. Patna Municipal Corporation (PMC) officials Pull 2021 As The Magic Year For Patna (0 comments)
. Bihar Accepts NTPC's Proposal For Power Distribution In Kahalgaon Under Bhagalpur District (0 comments)

Friday April 25th
. Bihar Now Plans To Hire Eunuchs As Security Guards For Women (0 comments)
. Travel By Trains From Patna To Howrah In Two Hours By Train, Sounds Crazy? (0 comments)

Thursday April 24th
. Rail Traffic Disrupted by CPI-ML Protestors In Patna (0 comments)
. Bihar Government Has Now Decided To Set Up Fast Track Courts To Try "Corrupt" Officials (0 comments)
. Cereal Consumption In Bihar Declines In Recent Years (0 comments)

Tuesday April 22nd
. Patna Met Office Will Now Have Improved Technology And Infrastructural Facilities (0 comments)
. Bihar Govenment On Tuesday Increased The Dearness Allowances Of State Govenment Employees By 6 % (0 comments)

Monday April 21st
. Bihar Government Takes Initiative To Improve Womens' Lives (0 comments)

Older Stories...

Harvard Business School and Wharton are keen to Attend Railway Minister Lalu Prasad's Pathshala

After IIM Ahmedabad students, their counterparts from Harvard Business School and Wharton are keen to attend railway minister Lalu Prasad's pathshala.

On December 27, a group of 100 students from Harvard Business School will meet the former Bihar chief minister to get a lowdown on the much publicised railway turnaround story.
That's in the first half of the day. In the afternoon, Lalu is scheduled to hold a similar session with 37 students from Wharton. It is not clear if the students are accompanying professors who are doing a case study on the turnaround. Harvard Business School and HEC Paris are jointly studying the change in fortunes of the Indian Railways, once a written-off entity.

Wharton and American Defence University have also joined hands for a similar initiative.

Sources said that American universities are keen to get Lalu to their campuses next year to share his strategy.

By sachiv, Section News
Posted on Thu Dec 21, 2006 at 04:00:40 AM EST
There has been a lot of interest from Yale and Carnegie Mellon and even the World Bank has invited the RJD chief for a session at a global forum scheduled for the early part of 2007, by which time Lalu would have presented his fourth Railway Budget, which is expected to see the departmental enterprise's cash surplus touch Rs 20,000 crore.

The railway minister is, however, yet to accept the invitation.

For the case studies, the groundwork has already been done with teams of professors having visited the country and various railway establishment.

They have also met industry chambers and railway users to get their assessment of the changed scenario.

Sources said what has drawn the West to Rail Bhawan is the strategy which has resulted in profits, despite fare and freight rates having either remained unchanged or having been cut.

"We have not resorted to corporate strategies adopted by leading companies globally to turn the corner. They always resorted to cutting workforce to improve bottomlines. But that is not the case with the railways," said an official.

Besides, Indian Railways, which has sizable passenger traffic, has registered better operating ratios than the freightdriven US Railroad.

In Europe where passengers drive railways operations have been heavily subsidised.

(Source-Times Of India,21/12/06)

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