The post-liberalisation era has seen a sea change in the way business is practised in India; and the influence of the world business scene cannot now be wished away by Indian businesses, if they want to survive in a fiercely competitive marketplace. Decision making needs to be not only swift, but very precise and effective. This is possible when it is backed by the power of information and knowledge. Indira Management Review, a half yearly journal that will attempt to ceaselessly bring to industry, business and services the latest in scholarly research pertaining to their sector, thus making a valuable contribution to the growth of Indian enterprise.