Word: rao
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...Srikumar Rao wants his students to meditate. He teaches them to be grateful. In his gentle voice, he asks them to stop living in a "me centered" world and start living in an "other centered" one. It's the kind of talk that would be right at home in a Buddhist monastery, but Rao's disciples gather in another kind of temple: business school...
Think of it as self-help for the M.B.A. set. Mixing Eastern philosophy with career counseling, Rao's personal-development class gets business students to explore what they find meaningful in life and integrate it into their careers. Despite some initial skepticism about the touchy-feely vibe (where else would a future M.B.A. read Ram Dass?), the class has been one of the most popular offered at Columbia Business School, where Rao has been an adjunct professor since 2000. Up to 200 students apply for 40 spots. Students have been so moved by his message, they started an informal alumni...
...corporativist state model and setting up favorable conditions for quasi-state monopolies by the state itself hurt the economy. Like Gazprom purchasing Sibneft, and another state monopoly purchasing other private company. The state generated some $30 billion in debt to do just that. Or take the case of RAO UES (the electricity monopoly) buying a sizable part of the Power Machines Plant. When the state unraveled Yukos, officials insisted it was a single such case rather than a trend. But it soon became obvious that Yukos was not a single case, that this concerns the entire economy. Just this month...
...Illarionov: By using economic weapons-particularly, energy as a weapon-RAO UES bought a power station in the Transdniester Republic (a breakaway Moldova province, very much under Moscow's influence), and then cut off Moldova from this key power supplier, until Moldova met its terms. Transneft (Russia's state-owned oil pipe monopoly), blocked oil flowing from Kazakhstann to Lithuania, because Russia coveted Lithuania's oil refinery. The latest such case is abruptly raising natural gas prices fourfold for Ukraine...
...auction at $1,700—highlighted the event’s collection. The images of the photographs revealed the reality of life in South Asia while the expensive paintings aided in the fund-raising. Procuring the pieces required an organized effort, according to outreach coordinator Samir V. Rao ’08. “First thing was to contact artists to get all different kinds of art here—from painting to photography,” said Rao. “To make this art show successful, we wanted to draw an audience by getting work that...