IIPM PUBLICATION AND EDITORIAL

Kindler does a shuffling act!

2007-09-24T22:21:00.000-07:00

Jeffrey Kindler, Pfizer’s Chief Executive Officer has announced a turnaround in its leadership positions to re-arrange the drug company, struggling with augmented competition and the loss of exclusivity rights. Two key functions, Research and Finance, are the targetted two blocks. 57-year-old John LaMattina, the research and development chief of the company for a long time, and 45-year-old Alan Levin, the short-time chief financial officer will be retiring soon as a new replacement (rather successor) is found out. All these steps are a consequence of Kindler’s strategies to ‘transform’ Pfizer into a

For Complete I I P M Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

'While woman'

2007-09-11T03:57:00.000-07:00

Working against criminals and poachers is hazardous business. Is it especially difficult for a ‘white’ woman?
Actually, being a ‘white woman’ worked greatly to my advantage, because when I posed as a decoy buyer, no criminal suspected I was working with government enforcement agencies. They also of course had no idea that I could speak the language and that I knew a lot of about Indian wildlife. In many ways I was tailor made for this!

For Complete I I P M Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Story continues

2007-07-09T22:49:00.000-07:00

And the story continues to unfold into this year, as the bank sets its target on the rural hinterlands. An ICICI Bank spokesperson told 4Ps, B&M, “We see the rural markets as the next horizon of growth for us and are creating a holistic proposition to address this opportunity. Our strategy is to offer a full spectrum of products to meet the needs of various segments of the rural population.” The bank got an overwhelming response when it entered the capital market for the first time in December 2005, and is once again setting its eyes on the bourses for a $5 billion follow-on public offer (scheduled for later this year) to meet the growing demand of India’s dynamic business market. Just that you know, ICICI Bank is the first bank or financial institution from non-Japan Asia to be listed on the NYSE and is today on an overseas borrowing binge, including an overseas capital market offering.

For Complete I I P M Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Feast day

2007-06-12T00:49:00.000-07:00

On the feast day of the saint, one can sight a parade, which winds through downtown Aguascalientes with people dancing to the sones, jarabes, cuadrillas, polkas, and redovas and schotis. The spectacular 21-day festival features bull-fights, folkloric dancing, games, cock- fights, horse riding and various othe cultural events. With rising popularity and demand, in 1992, a new bullring was designed to host 15,000 enthusiasts, but horse riding remains the prime Mexican sport, which takes place in the magnificent Villa Charra. Amidst all the bulls and horses, men and women perspiring at the fate of their wagers, yell and buck up the horses and screech at cocks’ every move! Besides, competitions and exhibitions by cattle breeders, dairy farmers and sheep ranchers mark the agricultural and the more sedate aspect of the fair.

For Complete I I P M Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read More IIPM-News:-
Futuristic technologies
On "IIPM - Arindam Chaudhuri - Planman"
IIPM News > News in Media > The Political Criminal Circus
IIPM News > News in Media >
IIPM : EDITORIAL & RESEARCH
Pseudo-socialism is creeping back into the policy-making process ...
Indian Institute of Planning and Management, New Delhi
IIPM Publication :- Electronically Yours

omething truly unimaginable & very very strange...

2007-06-06T03:15:00.000-07:00

ADAM, EVE & NO APPLE!
Something truly unimaginable & very very strange... but then, it all happens in the year 2100. It does!
The year is 2100 – nine decades from now. And Mr. Bean ‘Junior’ is in his late seventies. As we know, life for him too has always been a difficult challenge (like father, like son!) and perhaps ‘the’ reason that in spite of being an adult he never ever thought of courting the troubles of a married life. But our forever Mr. Bachelor too has developed a hitherto hidden penchant for foraying into fatherhood. Yes, Bean Junior too wants to be father at 78. Now the billion dollar question is – how will a man, who has troubles in completing even the simplest of tasks, manage the complex task of initiating paternal bliss? But, hey! Aren’t we supposed to be in the 22nd century?! Yes, expect some relief for Bean Junior... for now, he requires no lady’s grace to hear ‘dad’!

For Complete I I P M Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

CPI: Cost of living

2007-05-11T00:28:00.000-07:00

According to the figures of World Economic Outlook, the general price level in the US increased the most by 3.2% in 2006. The UK witnessed an increase of2.3% in consumer price index. In Korea, CPI increased by 2.2% in 2006. For 2007, Korea is expected to have the highest increase in CPI at 2.5%, while in US & UK it is projected to hover at 1.9% and 2.3%, respectively.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Emerges

2007-05-09T22:35:00.000-07:00

What emerges is a picture of remarkable – though incomplete – consensus on the critical foreign-policy issues of our time. Across the ideological spectrum, international relations’ scholars agree far more on current policy and future threats than they disagree. This consensus is particularly striking on the war in Iraq: 89% of scholars believe that the war will ultimately decrease US security. 87% consider the conflict unjust, and 85% are pessimistic about the chances of achieving a stable democracy in Iraq in the next 10-15 years. Nearly all those who responded – 96% – view the US as less respected today than in the past; a sentiment, no doubt, heavily influenced by the current war. Unsurprisingly then, professors give the US President George W. Bush very low marks for his foreign-policy acumen. A scant 1% ranked George W. Bush among the most effective foreign- policy presidents of the past century.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

lack of Concern

2007-04-02T03:32:00.000-07:00

One notable feature of the report is its lack of concern for the will of Iraqi people. The report cites some polls of Iraqi sentiment, but only in regard to safety of US forces. Its implicit assumption is that policy should be designed for US government interests. The real reason for invasion, surely, is that Iraq has the second largest oil reserves in the world. The issue is not access to those resources, but control of them. Buried in the study is the expected recommendation to allow corporate (meaning mostly that of US and UK) control over Iraq’s energy resources.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Extreme

2007-03-28T23:27:00.000-07:00

As the reports mention, for example, many of our financial centres are located in costal areas and are vulnerable to, say, a rise in the sea level. Estimates show that a staggering $220 billion worth of assets are in the flood areas of London alone. A disruption in climate could also see agriculture productivity getting adversely affected. Even in developing countries, the sizable share of agriculture and agriculture- related activities in their economies leaves them extremely vulnerable. South Asia is another extreme where, for example, figures show that 61% are dependent on the rural sector. Worse, the surge in the cost of capital and also the cost of insuring the climatic risks will become increasingly unbearable for most of the world economies.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Forecasted Increase

2007-03-15T02:35:00.000-07:00

In comparison with its 2001 observations, the report also forecasted increase in earth’s temperature by 1.1 to 6.4 degree Celsius by the year 2100 and surprise surprise... with rider of a 2-4.5 degree bracket of increase given the rise in quantum of atmospheric carbon from industrial sources, which may already have been liberated enough to bear the potential to double.Then again, spare a thought for the qualitative translation of these numbers, expressing themselves in the form of flash floods and rainfall of unprecedented magnitude if you’re in Asia, lethal hurricanes and tornadoes if you’re on the other side of the Atlantic and life-sucking heat waves and droughts if you’re somewhere in between.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Easy Bill

2007-03-09T01:35:00.000-08:00

In terms of sheer numbers, 1,000 Easy Bill outlets are already spanning the entire country, currently focusing on local grocery and medical stores – a move that immediately brings the convenience of payments (like electricity, water, telephone etc) to a local shop – than allowing such services to be limited to banks and the likes. But of astounding impact is the fact that the Munjals are now planning to increase the number of outlets to a whopping 10,000. With corporations like BSES, MTNL, BSNL, Idea, Reliance, Airtel, Hutch & Tata already having signed up, one doesn’t even need to wonder why Easy Bill makes its way rambunctiously into our nationwide survey of the top 25 startups. In fact, one wonders why it took them so long?

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Large Agencies

2007-02-27T01:50:00.000-08:00

“Also, many large agencies don’t bother about such clients,” she says. Agrees Rajiv Nair, CEO, New fields Advertising, “We are best for public sector, their ads are done on an ad-hoc basis and there are usually no big campaigns.” Says, Desai, “You will see more people setting out on their own, which in three-four years will get acquired by foreign agencies and so on...” So, does a bright bunch of creative guys who want to come on their own have a chance in hell? “Agencies that are really passionate, should challenge the biggies with a tremendous creative product.” Who knows, just as the good old fables lay it out, there are times when Davids do manage to slay the Goliaths! Is Richard Branson listening? 4Ps

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Headline Inflation

2007-02-14T22:37:00.000-08:00

Cost of living measured by the Headline Inflation increased by 8.3% in the month of November 2006; highest since June 2004. Core1 also increased by a whopping 7%, compared to just 4.1% in June 2006. Similarly, Core2 expanded by 6.9%in November, compared to 4.5% in June 2006. Trim10, which increased by 4.4% in June last year inflated by 6.2% in November 2006.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Mauritius outlook Overview: Mauritius economy

2007-02-14T21:38:00.000-08:00

Mauritian real GDP expanded by 4.6% in 2006 in comparison to 2.5% in 2005. The country had a GDP of $6.44 billion in 2005. GNI per capita increased from Rs.148,971 in 2005 to Rs.163,479 in 2006. The country earned Rs.28.57 billion from tourists in 2006. Unemployment is at a remarkable high at 9.40%. The government has an internal debt of Rs.104 trillion.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

After Calm, Comes the Strom

2007-02-06T21:20:00.000-08:00

Strangely, while the world is talking only of emerging economies and on how the payback with respect to investments in these markets is huge when compared to the developed markets, it indeed sounds strange that such an expert should wrongly be so interested in developed markets such as North America and Europe. So what’s wrong with their approach? Well, nothing really! The payback in developed countries may be lower, but is quicker and by the time the returns add-up, the company can also start investing in developing economies too, through an easier process of self- enhancing their desired investments. May we add, a move par excellence !After calm, comes the storm, surely!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Hutchison's Entire Stake

2007-01-30T22:36:00.000-08:00

As year 2007 dawns on us, and Hutchison’s entire stake is on the block, Max is in the news again, and that’s because Analjit, perhaps after one more retrospection, personally bought 8.33% in Hutchison Essar from Kotak Mahindra last year for Rs.1.02 billion to rekindle his ‘telecom affair’. A smart move indeed, as by current valuations, this could fetch him a minimum of Rs.74.5 billion. Of course, he could retain his stake too. If a foreign player bags the deal, it would find Analjit to be a very important cog in the wheel as an Indian partner. But then, for his company, it’s akin to ‘paradise lost’. Indeed, it’s a treatise that’s ‘sad’ to the ‘max’!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Award-Winning Formula

2007-01-24T23:30:00.000-08:00

Adds Samrat Dasgupta, Creative Director of Bates Asia, “The reason for some of the large agencies putting up a regular show is – they not only take their work seriously, but also take the awards very seriously.” He goes on to say that “It’s not the only way to go about it. But if you want to do it, you rather do it this way.” The ad awards controversy may have been done to death, but the fact remains that be it the Abbys or the AAAI awards, none of them boast of participation from the complete ad fraternity. Moreover, the panel of judges, which usually comprises of the members from top agencies, puts a big question mark on their fairness. Whatever the case maybe, it seems that if the agencies have to kiss the cup, they better start cracking the award-winning formula right away!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Motorola & Nokia

2007-01-19T00:22:00.000-08:00

Though talking on your phone while driving is illegal, technology from phone majors, Motorola & Nokia, allow users to ‘talk till they drop’ via Bluetooth technology, which is extremely popular in metro centres. This cornucopia of choices is the accessories industry’s hint to be in the middle of it all. Exterior styling add-ons such as alloy wheels, spoilers and neon lights, offer similar levels of variety and convenience. As a consumer, if you are not satisfied by the standard fitment in your car, the accessories industry is simply too happy to help. Thanks to its own survival issues.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Air Deccan

2007-01-16T22:42:00.000-08:00

So, what does the good Capt. G. R. Gopinath (Managing Director of Air Deccan) have to say on yet another feather in his cap? “Being adjudged India’s Best Domestic Low Frills Carrier is an endorsement of the Air Deccan vision of enabling every Indian to fly. Air connectivity is the key to harness the vast potential of the tourism and hospitality industry in India. Tourism is the largest industry in the world today and a harbinger of development, employment and prosperity to a region. The need of the hour therefore is to develop effective infrastructure and air connectivity throughout the country.” Hope this award further encourages his spirit to make air travel more affordable!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

The Tata Group

2007-01-14T23:00:00.000-08:00

The Tata Group has earned the first slot with a RepTrak Pulse Score of 79.41 and revenues (in 2005) of $17.9 billion. Maruti Suzuki drives in next, in line with a score of 73.08, and $2.1 billion in its boot (figures for 2004). Position number three is taken up by Hero Honda Motors, with a score of 72.01 and revenues to the tune of $1.3 billion (2004). In fourth place is Hindustan Lever with a score of 71.56 and revenues worth $2.7 billion (2005). At halfway point, on fifth place, is ITC Limited with a score of 70.1 and revenues of $2.2 billion (figures for 2004).

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

Growth In Revenues

2006-12-27T00:48:00.000-08:00

And with the company forecasting no expected growth in revenues till 2009, the results for the third quarter ending September 2006 (that showed a rise of 6.8% over last year in earnings to reach $12.28 billion) may be the last for many years to come! Certainly, Pfizer should look into restructuring its disjointed executive framework and not allow acquisitions and product developments to be handled in isolation by the finance & venture capital team respectively.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

NEW AVENUES TO SAVE REVENUES

2006-12-26T00:41:00.000-08:00

The critical problem that arises when a customer becomes a competitor is the one which two big stock markets of the world, NASDAQ & NYSE are facing recently. To avoid the $100 million commission, top five financial firms Zurich based UBS AG, Goldman Sachs, Morgan Stanly, Merill Lynch & Lehman Brothers have decided to cater to their buyers and sellers themselves rather than going through the exchanges. The stand to follow computer algorithm method for selection of customers and catering to them has already brought down the Exchange’s business by 12%.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

Also Read:-
INDO-AFGHAN TIES
IIPM Students Life > Campus Placement
About IIPM > Mission
http://pankajsir.42tales.com/

Debunks Reservations From RBI

2006-12-10T23:20:00.000-08:00

While the Commerce Ministry debunks reservations from RBI, besides caveats from the Finance Ministry (which has signalled earnings losses at Rs.140,000 crore due to huge exemptions on taxes, customs & excise duties), IMF and WTO, the next scam – the tax evasion and land-grab rip-off – looms ominously on the horizon. SEZs are better off being treated like their nomenclature suggests – meticulously planned select megaspaces offering the fundamentals of gubernatorial liberty, rock-solid infrastructure and access routes, and perhaps, tax exemptions of a much lesser magnitude. It’s only then they will ever achieve the economies of scale and stupendous progress they are capable of. For now though, a long, hard rethink on the science behind SEZ would augur well. So would a vigilant eye by authorities; elementary mathematics SEZ so...

For Complete IIPM-Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

BIGGER PLAYERS ARE NOT SO BIG!

2006-12-06T03:33:00.000-08:00

It is beginning to be that time of the year yet again. A time when a sudden plan to fly down to Bangalore can have you tear your hair in frustration and increase the anxiety levels of your secretary and travel agent. You will get plenty of options when it comes to taking a flight to Bangalore, but land there and getting a blessed hotel room could be as difficult as an al Qaeda terrorist getting a visa for the United States! And Bangalore is just an extreme manifestation of what is happening across the country – an unprecedented shortage of hotel rooms that promises to get worse before it gets better. In a country where people are used to endemic shortages of power, water and even common civic sense, a shortage of hotel rooms may be yet another manifestation of India’s chronic infrastructure problems.

For Complete IIPM-Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Franklin Templeton's

2006-12-04T22:53:00.000-08:00

Managing more than Rs.239 billion worth of assets for around 1.9 million investors, the Templeton-Hathway joint venture is one of the largest mutual fund houses in India. “The full acquisition of our Indian asset management company reinforces Franklin Templeton’s long term commitment to India, a journey that started back in 1995,” said Vijay Advani, Executive VP, Franklin Resources. With this historic acquisition, Franklin Templeton hopes to extend its arms into the highly bullish Indian asset management market. Though the deal was much publicised, both the Rahejas and the Templetons were quite unspoken about the cash element of the buy out.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Insurance Policies

2006-11-27T01:42:00.000-08:00

They don’t believe in insurance policies as they have complete faith in the Church and their community to help them in times of need. On an average, a family has seven children and while this makes their population increase at robust rates, their constitution isn’t as healthy and strong as ever. The Amish people are basically descendents of a few hundred founders and since they marry within their community, over time their lives have been plagued by genetic disorders like dwarfism while some are so serious that they have raised the infant mortality rates to critical levels. It’s hard to believe that so many people could be living such simple lives, parallel to the fast-paced ambitious societies of the modern world. Where we’re struggling with balancing our nuclear families and our never-ending quest for the Almighty Dollar, the Amish, for most seems more like an urban legend…

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Tata Steel Into the Fortune 500 List

2006-11-12T23:24:00.000-08:00

Tata Steel is a $5 billion (turnover) and 5.3 million tonne (steel production) company that has swallowed the $19.4 billion and 18.2 million tonne Corus in a friendly takeover. The deal is pegged at $8.2 billion and will catapult Tata Steel into the Fortune 500 list, and to the position of being the fifth largest steel company in the world from a lowly position that it occupies concomitantly – 56. According to CEO B. Muthuraman, Tata Steel’s image as a good employer has played a big role in the takeover of Corus Steel. He says that the workers unions in Corus Steel are aware of how the company has been treating its employees in Jamshedpur and hence their resistance has been considerably softened. But can this legacy of paternalistic style of management established by Jamshed Tata about 100 years ago be just wished away?

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Poor and Marginalized Farmers

2006-11-09T22:35:00.000-08:00

However, there is still a ray of hope for the poor and marginalized farmers, only if the government gears up to effectively pursue the micro- credit policy with a missionary zeal. Recently, Mohammad Yunus of Grameen Bank was bestowed with the Nobel Peace Prize for empowering millions of poor in Bangladesh through micro-credit. A similar replication of Professor Yunus’ Grameen model which today covers nearly 6.6 million Bangladeshis may help India’s farmers emerge out of their recurring debt cycles. According to the 2001 census, about 742 million (72.2% of population) of Indians still dwell in villages. Of these, a majority fall in the category of poor or below poverty line. In villages, agriculture and related activities are still the major source of livelihood. And micro-credit has witnessed an unprecedented rise.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

University

2006-11-08T23:55:00.000-08:00

It certainly baffles the mind how Dr. McGuire could land up in the soup this way after such an illustrious career. A member of Lambda Chi Alpha Fraternity (which ironically brings together students and alumni of good moral character from the US); Dr. McGuire was a student of the University of Texas, Austin. Among his ‘good’ deeds were donations of $4.2 million to the University of Florida for making two facilities – a 35,000-square-foot educational museum & research complex and a 6,000-square-foot research & teaching facility. He also provided grants to leading arts facilities & the University of Minnesota. He took up the leadership of UHG in 1989. One can’t deny that UHG witnessed good days under Dr. McGuire. From annual revenues of just over $400 million in 1989, UHG had posted revenues of $45.36 billion in 2005.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Anti-Russian

2006-11-07T22:37:00.000-08:00

For once, the US should understand that merely electing any de facto anti-Russian through manipulated elections does not necessarily make a democracy, which is more about the creation of institutional frameworks and regulatory authorities through economic, political and oft en arduous institutional reforms. US-backed Caucasus leaders have been allowed to run personal fiefdoms in the name of democracy, just for the sake of weakening the grip of Russia in Central Asia. Today, the utter destitution oft en makes many to dream of the heydays of the Soviet era. But if only dreams were realities... and socialism socialism... sigh!

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

IIPM-News Links:-
http://www.news.iipm.edu/
http://www.news1.iipm.edu/
http://www.news4.iipm.edu/
http://www.news2.iipm.edu/
http://www.news5.iipm.edu/
http://www.news3.iipm.edu/
http://www.news6.iipm.edu/
http://www.news8.iipm.edu/
http://www.news7.iipm.edu/
http://www.news9.iipm.edu/
http://www.news11.iipm.edu/
http://www.news10.iipm.edu/
http://www.news13.iipm.edu/
http://www.news12.iipm.edu/
http://www.iipm.edu/
http://www.news14.iipm.edu/
http://www.iipm.edu/
http://www.news15.iipm.edu/

J.K. Rowling's Harry Potter

2006-11-01T02:45:00.000-08:00

To make them read books, it looks like it’s increasingly necessary to make movies on those first. J. R. R. Tolkien’s Lord of the Rings, J. K. Rowling’s Harry Potter, Sarat Chandra’s Devdas or Dan Brown’s Da Vinci Code are bestsellers, much of their fame attributed to cinema adaptations. Talk on e-books, digitisation, intellectual property, asset management etc are alright, but there would feel like a legacy not well-received if the generations to come aren’t acquainted with the pleasures of turning pages and treasuring hardbound books. There was a time when books were the marshals of revolutionaries and their ideals.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Japan Biggest One...

2006-10-29T21:33:00.000-08:00

The biggest one is, steadily aging population of Japan. Proposed solution to the problem, of stopping arranged marriage and encouraging love marriages in not in consonance with the conservative society of Japan. If Abe comes up with such radical solutions to pressing problems, then it would be difficult for him to sustain for long. An old Japanese saying absolutely describes his situation – ‘Beginning is easy – continuing hard’. Abe would do well to improve relations with neighbours, but joining arms race with them is well... not a good idea. Well, all the best to him, that is all that we can say.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

LG Chocolate

2006-10-27T00:55:00.000-07:00

Arun Khanna, MD, Haier Telecom states, “We want to be different from the market clutter and hence a new range of mobile phones with unique design and style are being launched with a TOUCH SCREEN.” On the other hand, LG is banking on its newly launched Chocolate to create a niche for itself. According to Girish V. Rao, VP (Sales & Marketing), “LG Chocolate phone revolutionises theway a mobile phone looks and feels. It is also the first handset from LG’s new ‘Black Label’ series of designer mobile phones, aimed at users who value style as highly as they value technology.” And the Moto RAZR has proved beyond doubt that the style differentiation has enough takers in the Indian milieu too. But are there still any takers left for the “mobile phones are only meant for talking” argument? We guess not!

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

UP NEXT: IBM’S PRODUCT BUNDLES

2006-10-26T00:39:00.000-07:00

What is the world’s largest computer services company up to? International Business Machines Corporation (IBM) has disclosed two new range of product bundles. The bundles that include hardware, soft - ware and technical assistance have been launched with the motive of stepping up sales to small and medium-sized companies. The coming two months will witness the launch of 30 such bundles in the market. The introduction of these consistent products will help companies set up an information technology infrastructure and will help IBM boost its services revenues, which has been somewhat stagnant over recent quarters.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

PAT Figures

2006-10-19T02:20:00.000-07:00

The company recorded PAT figures of Rs.748 million, Rs.197.3 million and Rs.198.7 million forth years 2004, 2005 and 2006 respectively. In the third spot is yet another FMCG company Nestle India, which has an average adjusted ROCE of 0.79 and yearly adjusted ROCE of 0.77, 0.76 and 0.84 for 2004, 2005 and 2006 respectively. Interestingly, though Nestle clocks much higher revenues and PAT every year as compared to the top two rank-holders in the category, the company has managed to generate just Rs.79 as profits for every Rs.100 of capital employed. The annual PAT figures for Nestle India were Rs.2.63 billion, Rs.2.59 billion and Rs.3.09 billion for the years 2004, 2005 and 2006 respectively.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

SECTOR: OIL & GAS

2006-10-18T00:39:00.000-07:00

HAVE YOU EVER HEARD OF CHAMRAN?
NEITHER HAD WE; BUT WITH INDIA ALL HEADING FOR AN OIL DOOM, YOU WILL!
Slippery is the nature of oil... and so is of oil prices; but the predicament – about which side of the Reuters screen would the oil price line move – remains ‘cruder’ than the ‘crudest’ version of petroleum one could source from the Chamran highway that passes by Teheran. But ironically, that highway is exactly where Mr. Deora (India’s respected Oil Minister) and millions of other more respected Indians driving their common non-hybrid automobiles would have to finally head to, with India losing out to China face down in ensuring sustainable long-term cost efficient oil supply. So why is securing oil supply so important to India? According to a 2006 report by RNCOS, India has 15% of the world’s population, but just 0.5% of the world reserves for oil and gas.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

More IIPM-News:-
IIPM MANAGEMENT INSTITUTE
News At Work (continued alongside) : IIPM
IIPM : WHAT’S SECURITISATION?
IIPM Students Life > Campus Placement
IIPM Students Life > Campus Placement

ASSURING NRIS IN DOHA

2006-10-12T00:42:00.000-07:00

Aviva Life Insurance, a joint venture between Dabur and UK-based insurer Aviva, announced a tie-up with Doha Bank for its Bancassurance initiatives in Doha. Already a major Bancassurance player in India, this new pact marks its entry in Qatar as well. The products of Aviva will now be available across 40 locations in Doha. A tie-up – the first of its kind – will cater to NRI customers of the bank. In addition, its unit-linked products tailored to meet the needs of the NRI customers have also been launched. Considering that Bancassurance business contributes nearly 65% to Aviva’s Indian business, the company is looking forward to become the leading insurance player in the Middle East region.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

The Loyalty Effect

2006-10-09T00:04:00.000-07:00

The consumer is all too prepared to shift loyalties and at times spread over loyalties across various brands. Fred Reichheld in his bestselling book The Loyalty Effect, says: “Raising customer retention rates by 5% could increase the average value of the customer by 25- 100%.” According to Michael Porter: “Loyalty creates a barrier by forcing market entrants to spend heavily.” Malls seem to have created a new challenge for marketers as far as brand loyalty is concerned. Consumers are getting even more unpredictable. Interference in buying habits take place as a consumer walks past shelves and racks of different displayed products. This has led to a shift from mere intra-category to inter-category rivalry. Consumers are not just shifting brands within a category; they are shifting from one product category to another.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Ghandhigiri

2006-10-05T03:15:00.000-07:00

For a second, let’s assume that our resident politician gets infected with the wonder-virus and encounters an eveteasing situation on the road: so, Gandhigiri would advise not to have the perpetrators hammered out of their senses (à la the stunning slapathon that was Operation Majnu), but to take the mischief-monger’s sister or mother into confidence and return the favour later, in his presence. The goon would retaliate seeing someone he knows being handed out similar treatment, and be humiliated in return.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Vande Mataram

2006-09-26T00:10:00.000-07:00

Did the BJP’s promulgation of Vande Mataram as a patriotic obligation to all religions and sects of society bear sufficient prudence or propriety; was the date of the so-touted centenary authentic in the first place or in a nation where Ganpatis swig milk and sea water turns sweet overnight with the line between respect-fortradition and utter insanity more often- than-not blurred, did it amount to nothing more than another instance of much ado over nothing?

For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link

Source:- IIPM-B&E , Initiative:- Prof. Arindam Chaudhuri - 2006

Read More IIPM-Blogs:-

http://20six.co.uk/pankaj007/

http://pankajdon.pimp-my-blog.net/

http://www.toadfire.com/blog_main.jsp?user=pankajdost

http://www.mybloghome.com/userviewblog.php?viewcat_blog_id=119&blguid=365

Indian Textile Industry

2006-09-20T03:33:00.000-07:00

Resolves C. K. Nair, Secretary General of Confederation of Indian Textile Industry, “To create a brand, Indian companies will have to focus on their heritage.” But Chantal Rousseau, Vice President – Europe, Bloomingdale, speaking in the same seminar mentioned above, did snap, “Tradition doesn’t make for fashion. What matters is the architecture of the garment and ‘that’ architecture has to be international!” But worse, Indian designers still run their brands like sole proprietorship shops, rather than like professional registered firms. Exclaims Manoj Chaturvedi, Director, Khadi Line, “What if something happens to the designer tomorrow – the whole business goes for a toss!” How soon can a change happen? To take a Frosty license, we’d say, “Many a miles to go before we sleep...”

For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link

Source:- IIPM-B&E , Initiative:- Prof. Arindam Chaudhuri - 2006

Scandinavia

2006-09-18T01:31:00.000-07:00

Yet another Nordic country with classic Scandinavian beauty, Sweden is referred to as the last wilderness in Europe. Famously known as the land of the midnight sun, (the sun doesn’t set in this country from May to mid-July) Sweden boasts of a standard of living that far surpasses that of many developed western countries. Not only this, few countries can match Sweden’s potential to benefit from the technology-driven global competition. Sweden influences modern Europe with its prospering economy and amazing international trade. And doing business with Sweden means market access to Scandinavia (Sweden, Denmark, Norway, Finland), the Baltic states (Estonia, Latvia, Lithuania) and the regions of northern Poland, western Russia and northern Germany.

For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link

Source:- IIPM-B&E , Initiative:- Prof. Arindam Chaudhuri - 2006

ENSURE THAT YOUR BEST MAN ALWAYS WINS

2006-09-12T00:07:00.000-07:00

COMPANIES MUST CLASSIFY THEIR CUSTOMERS BASED ON LOYALTY & LIFETIME WORTH AND PRIORITISE THEIR INVESTMENTS ACCORDINGLY

Few executives ever met a profit they didn’t like. But customers know there is a world of difference between good profits and bad, and the consequences for companies that fail to distinguish between the two can be disastrous. Bad profits are earned at the expense of customer relationships. Simply put, whenever a customer feels mistreated, those profits are bad. Bad profits come from unfair or misleading pricing, from saving money by delivering a poor customer experience, from giving customers less for their money rather than more. Bad profits create legions of detractors who blacken a company’s reputation, making it vulnerable to competitors. At many firms more than 30% of customers fall into this category. Good profits are dramatically different.

For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link

Source:- IIPM-B&E , Initiative:- Prof. Arindam Chaudhuri - 2006

MR. SLICK PRESENTER!

2006-08-30T00:04:00.000-07:00

Since the media explosion, India has been able to produce quite a few great journalists. But very few have combined their great journalistic flair with a sharp business acumen and entrepreneurial gusto. Meet Rajdeep Sardesai, the man who’s been able to walk his talk literally! In a career spanning more than two decades, this man has gone on to become one of the most popular faces of Indian television. Son of the former Indian Test cricketer, Dilip Sardesai, and social activist Nandini Sardesai, Rajdeep graduated from St. Xavier’s College, Mumbai in Economics, and moved on to Oxford University as a Rhodes Scholar. Sardesai bid farewell to the Times of India and the print media in the mid 90s and joined hands with Prannoy Roy of NDTV (New Delhi Television) fame.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

ANDORRA’S BOX!

2006-08-21T02:08:00.000-07:00

EU IS KICKED BACK; ANDORRA RULES

Nestled atop the high hills of the Pyrenees, the curious landlocked ‘co-principality’ of Andorra (between France and Spain) portrays the audacious march of David against Goliath. Apart from refuting the persistent EU demand of greater information sharing vis-á-vis its secretive banking sector, the consistent efforts of making it a major tourist destination as well as a tax haven for distraught and over-taxed Europeans reflects amply that something is terribly correct with the State of Andorra. The country of 67,000 does not have an airport to its credit, but attracts more than 12 million tourists annually. The turnaround in the economy has been more due to the incentive of practically having no taxation!

That island in the sea of punitive taxation regime practically imports everything while exporting nothing! The economy, based on banking secrecy, little regulation and minimal taxes, had almost every thing at stake in refusing EU’s demand for transparency. This step has singularly made the state of Andorra grow from an impoverished and lost kingdom to the front runner of prosperity in the western hemisphere. And even if that has meant obliteration of certain established rules, that is, in their opinion, for their survival and prosperity.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

BIRD STRIKE

2006-08-18T23:54:00.000-07:00

Red light (commonly used atop buildings and towers) interferes significantly with these cues, resulting in the birds being drawn to brightly lit areas & ending up crashing against the buildings in full flight. Disoriented birds also fly around the red light before dropping to the ground exhausted and falling prey to predators.The magnitude of the impending disaster can be gauged from the fact that in Toronto alone, about 158 of the species that gets killed annually have about 64 listed as endangered. Perhaps the $2 billion annual loss (in the US; International Dark Night Association estimates) or the greenhouse emission by power plants generating electricity for such lighting are not even worth discussing when the primary dilemma remains – why aren’t governments doing anything to save these birds? Ok, alright, we have the answer, perhaps governments across the world have to learn something else first: How to save humans!

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Zidane Will Remain Global Icon

2006-08-17T22:50:00.000-07:00

Zidane offered neither of these romantic images. Moreover, after his career is over, he is unlikely to become a manager of his sport like Jean Claude Killy, the former Alpine skier, who was co-president of the 1992 winter Olympics, or his fellow football legend Michel Platini, who helped coordinate the 1998 World Cup. After all, Zidane, arguably the world’s best football player, left with a gesture that has no place in any game. Nevertheless, Zidane will remain a global icon, owing to his profoundly human character and his extreme simplicity. Here is a man who is known in the most hidden corners of the planet, yet he retained the presence and discretion of a silent next-door neighbour. At a moment when integration is being debated in France, Zidane embodied the ideal of success through talent and hard work while never betraying himself or his Algerian origins.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

IIPM-Press :- Labour Party

2006-08-11T23:32:00.000-07:00

Recapitulating, it all began when the party suffered shattering losses in the May county elections. The party came third by somehow garnering 26% votes, against the Tories, who obtained a solid 40%. The Labour party’s wretched display was perhaps much more in evidence when it lost a massive 300 councillor positions that it had held in the past. This was the most embarrassing moment for the party, not only because they lost such a large number of seats, but also because the party’s public support in their ‘heartland positions’ (counties where Labour had never lost) was more or less erased. Hilariously, the loss of two Parliamentary by-elections in May – one in South Wales, and the other in suburban London – was comparatively an affair to rejoice!

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Indian Animation Hanuman And Krrish

2006-08-07T23:20:00.000-07:00

This has opened up yet another revenue stream for our film industry that is famous for producing over 1,000 movies per year. Internationally, IT companies like HP & IBM are a major force behind the production quality of movies like Over the Hedge and The Wild as they provide the servers, workstations and studio technology for superior animation. If the Indian animation industry has to grow as fast as its international counterparts, the need of the hour is to have a pool of trained animators and a support of information technology companies. Though movies like Hanuman and Krrish have called for a good start, Indian animation is yet to sky rocket!

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

IIPM-Press :- GE(General Electric)

2006-08-05T02:19:00.000-07:00

It’s in a bad shape and is pulling GE down!” The company announced their second quarter 2006 earnings on July 18, 2006 disclosing a 9% rise in revenues to touch $39.9 billion over the quarter previous year. Margins increased by only 4.3%. Ironically, while GE confirmed its results to be ‘higher than expected’, they left their earnings outlook for the third quarter unchanged, causing their stock prices to fall by 1.7% the next day! Margin pressures are still rampant. According to Ferdinand Cornelli, Analyst, PwC, “The global industrial growth stands at 10-13%.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

Tribal Migration

2006-08-03T02:19:00.000-07:00

At the same time, tribal migration has occurred due to intrusions by outsiders, as well as a loss of livelihood due to deforestation. Being exposed to uncertainties in the job market, the migrant labour-force is prone to exploitation & horrible living conditions, factors which encourage them to indulge in anti-social activities, and even terror attacks (for easy money), as seen in the recent Mumbai blasts. Unless development benefits the bottom majority, migration will rule...

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Iranian Clout

2006-07-31T23:26:00.000-07:00

And now, the increased Iranian clout in controlling events and nonevents in Afghanistan, as well as the rise of the pro-Iranian fifth column in Syria and Turkey, has the potential to alter permanently the global state of affairs. Without doubt, the American agenda to capture resources of trouble torn states has ensured that serious trouble is just round the corner; trouble, which could well precipitate into violence in Saudi Arabia, Pakistan, Lebanon, and most importantly, in Bahrain. And it is all going to start with Iraq, where a civil war situation is highly possible, with obvious signs of moving towards an Iran-type cleric led Islamic revolution.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Read More IIPM-Blogs:-

Pankaj
Unknown
Aman

DOlly

Pankaj Negi

Sandeep

Rahul

Sunny

Financial Blacklist of American Empire

2006-07-26T02:47:00.000-07:00

This latest piece of hollowing out bank customers’ privacy – of which, not much is left by now – raises the question whether there is still such a thing like a bank account that cannot be tapped without a warrant from authorities. Remember it has happened before, that the USA froze bank accounts in the name of combatting crime and terrorism. Accounts of citizens of Zimbabwe and Iran are only the latest examples. Looking at the impromptu course that US policy has been taking very oft en since 2001, I would not be surprised at all if more and more countries make it to the financial blacklist of the American empire. After America has forced the last two European countries, Austria and Switzerland, to abandon their system of anonymous numbered bank accounts that were only accessible with a password, there is basically no place left for our money that is absolutely secure.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

Harshad Mehta Scam Triggered the Formation of SEBI

2006-07-22T03:15:00.000-07:00

There are many analysts who compare the present status in the Indian commodities markets to the Wild West scenario that prevailed in the Indian stock markets after the first flush of liberalisation in 1991. While the Harshad Mehta scam triggered the formation of SEBI in 1992 to more effectively regulate the markets, It took many more scams and alleged scamsters like C. R. Bhansali and Ketan Parekh and more than a decade for SEBI to reach a stage where it could even claim that it is actually an effective regulator. Even now, FMC faces the dilemma faced by SEBI in the early 1990s – it simply doesn’t have the wherewithal to prevent rigging, speculation and market fixing. These factors have led many traders to raise uncomfortable questions:

A whopping 98% of traders in commodities lost money... Why? Why doesn’t the government close down defaulting exchanges or manage them better?
Why don’t all exchanges increase margins or stop trading? Why are settlement of contracts still not transparent?
Why are market regulators unaware of trade intricacies?

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

Harshad Mehta Scam Triggered the Formation of SEBI

2006-07-22T03:03:00.000-07:00

A whopping 98% of traders in commodities lost money... Why? Why doesn’t the government close down defaulting exchanges or manage them better?
Why don’t all exchanges increase margins or stop trading? Why are settlement of contracts still not transparent?
Why are market regulators unaware of trade intricacies?

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

LITTLE BOY CHURNS THINGS UP

2006-07-20T02:31:00.000-07:00

THE WORLD MUST STOP NORTH KOREA, AND TALK TO COPYCAT NATIONS
So much muscle-flexing and what for? There already have been seven tests by North Korea on July 4, timed minutes after the launch of satellite ‘Discovery’ by the United States. North Korea’s leader Kim Jong-il says he’s ready for war if anyone wants him to stop testing nuclear missiles. More could be on the way. What have they achieved? Japan is pushing for a United Nations resolution imposing sanctions against North Korea; the US backed it and then said it was willing to talk to North Korea. The Koreans are adamant. “Don’t expect me to change,” Jong-il said. Does this sound a lot like the al Qaeda? Initially, United States President George Bush tried to play down the tests as mere ‘fireworks’.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

Nordic Banking Crisis

2006-06-11T23:37:00.000-07:00

IIPM-Publications

IIPM-Bangalore ! IIPM-Chennai ! IIPM-New Delhi ! IIPM-Mumbai ! IIPM-Pune ! IIPM-Hyderabad ! IIPM-Ahemdabad

Financial liberalisation was followed like a religion and suddenly, in the early 90s a devastating crisis smashed through. Bad banking practices, lack of market discipline, loopholes in regulatory framework and adverse macroeconomic fundamentals proved suicidal for banks, even in the most advanced nations. The Nordic banking crisis was one of its kind and banks in countries like Sweden, Norway and Finland were severely affected. The crisis was marked by lending booms, currency maturity mismatches, asset bubble bursts, and significant movement in interest rates. The magnitude of the crisis forced governments of affected countries to intervene to rescue banks.

For Complete IIPM-Article, Click on IIPM-Editorial Link

Source IIPM-Editorial,2006

NABARD (IIPM-Press Release)

2006-06-08T23:07:00.000-07:00

With nearly 70% of India dependent on Agriculture, the National Bank for Agriculture and Rural Development (NABARD) has been playing a very proactive role in re-fi nancing rural credit, apart from planning and credit dispensation for agriculture and rural credit. Over the years, the institution has also managed to reach those not accessible by formal banking and credit facilities, through promotion of Self Help Groups. Over the past two decades, NABARD has evolved into a rural sensitive institution with grassroot understanding of the rural sectors.

For Complete IIPM-Article, Click on IIPM-Editorial Link

Source IIPM-Editorial,2006

IIPM-Editorial (Go on be a ‘bullion’aire)

2006-05-05T04:26:00.000-07:00

India’s love for the ‘yellow metal’ will blossom
Gold prices continue to rally both in domestic and international market as the yellow metal touched new heights. In India, gold touched a new high of Rs.9,500 per 10 gram and in international market, gold has already breached the $600 an ounce mark, and was quoted at $637 (spot); the June Futures has already reached a record $645.90.

For Complete IIPM-Article, Click on IIPM-Editorial Column

Source IIPM-Editorial,2006

VIOXX

2006-04-18T04:02:00.000-07:00

RESEARCH AND PUBLICATION, IIPM KNOWLEDGE CENTRE
This is simply because the intellectual property regime has raised entry barriers for new and potential competitors to such absurdly high levels that it would be impossible for them to challenge big pharma players. According to the US Food and Drug Administration, the top ten big pharma companies will spend more than $40 billion on R&D in 2005. A company needs to risk at least $1 billion on R&D to try and discover a new drug; and even that might fail. How many new companies, even in capital rich America, can afford to gamble billions of dollars? In such a situation, the chances are that the pharma sector will remain an oligopoly for most of 21st century. Clearly, this is not something capitalism encourages; now or in the future.

For Complete IIPM Article, Please Click here

Source: IIPM Editorial-2006

WAl-MART (IIPM-Press Centre Release)

2006-04-17T03:34:00.000-07:00

Although it may still be keeping up with its low price promise, and despite being the world’s largest, it is ironical that the unkindest cut of them all is coming Wal-Mart’s way not from competition, but from society. Undoubtedly, Wal-Mart is nobody’s protégé and stands second to none. But undoubtedly further, if there were one issue in which Wal-Mart could take lessons from competition, it would surely be in managing public relations. For, it has surely been blind belief and conviction in letting figures speak for themselves that have now led the Mart to hit the wall.

Source: IIPM Editorial

For More IIPM Article, Click IIPM-Press Release

Manhattan Project (IIPM-Press Article)

2006-04-12T23:17:00.000-07:00

Which brings us to the pinnacle of the DIKW pyramid: Wisdom. Anyone with unfettered access to the internet can search for instructions on how to build several varieties of weapons of mass destruction, some of which will be knowledge first acquired by scientists working on the Manhattan project.

For Complete-IIPM Article, Click here

Source:-IIPM-Editorial,2006

Fading warlord? (IIPM-Press Release)

2006-04-07T01:43:00.000-07:00

If you happen to desire a correspondence with Shiv Sena’s sovereign monarch, Bal Thackeray, try asking his address from a dedicated Shiv Sainik (Shiv Sena’s partymen). “Matoshree, Mumbai…that’s it,” is the response you are most likely to get. And why not? The Matoshree, which happens to be the name of Bal Thackeray’s residence in Mumbai, is nothing less than a Mecca for devoted Shiv Sena partymen.

For Complete, IIPM Article, Click here

Source: IIPM-editorial,2006

IIPM-PRESS CENTRE EDITORIAL

2006-03-30T02:47:00.000-08:00

Number of SSI units has touched around 12mn (2004-05). Employment opportunities has gone up to 28mn (2004-05). Today, the share of SSI, in the country’s exports, has shot up to 34% (Rs.860bn in 2002-2003) as compared to Rs.697bn in (2000-01). The soft interest regime rate is further fueling the SSI success story.

For Complete-IIPM Article, Click here

Source-IIPM-Editorial,2006

STRIKING BOEING

2006-03-30T02:46:00.000-08:00

IIPM-PRESS SOURCEBoeing had been witnessing delayed plane deliveries, owing to almost 20,000 striking Boeing machinists downing tools in the beginning of this month at various plants in Kansas, Oregon, and Washington across USA.

for Complete IIPM-Article, Click here

Source: IIPM-Editorial,2006

FOREIGN DIRECT INVESTMENT

2006-03-30T02:44:00.000-08:00

ARTICLE AND PUBLICATION, IIPM-KNOWLEDGE CENTRE

Total Foreign Direct Investment (FDI) into Canada has tripled since 1990. According to Statistics Canada, FDI has shown an ever-increasing trend reaching $302 billion in 2004. Most of the FDI is pumped into knowledge-based industries and high-tech manufacturing, such as electronics, communications and chemicals. United States is the largest provider of FDI – 65.1% in 2004. The two countries have the world’s largest direct investment partnerships with bilateral FDI flow totaling $356.7 billion in 2004.

For Complete IIPM Article, Click here

Source:IIPM-Editorial-2006

MARIA YURYENA SHARAPOVA

2006-03-30T02:43:00.000-08:00

Turning pro at the age of 14, the 6 foot bewitchingly beautiful blond Maria Yuryevna Sharapova reached the finals of the Junior Australian Open in 2002, debuting at 532 of the WTA rankings, and victoriously hurtled ahead ending the year on the 186th spot! The second youngest ever and the only Russian player to win the Wimbledon, Maria ruled the courts with a 22-match winning streak. Continuing her sprint towards the top, Maria now is but one step short of the number 1 rank.

For Complete IIPM Article, Click here

Source: IIPM Editorial-2006

HOPELESS IRAQ WAR

2006-03-30T02:41:00.000-08:00

Research and publication, IIPM-Knowledge Centre

In terms of energy though, Raha paints a brighter, more optimistic picture. He envisages that India “can and should become an energy exporter in 10-15 years by utilizing its coal and nuclear energy reserves.” There is no relation, according to Raha, between being import dependent in oil and being in a bad shape, since economies like Germany and Japan are also oil importers. What India lacks is not quantity, but quality. We could have gone on and on regarding the risk aspect, since Raha personifies the term to the tee. The lesson, on the other hand, was very clear. Be it personal or professional life, it’s the ability to take risk that can take a leader ahead. And if real life examples are what you are looking for, you could always take a leaf out of Raha the Pasha’s book!

For Complete IIPM Article, Click here

Source: IIPM Editorial-2006

Even the richest country in the world has limited resources. If it gives tax cuts to the rich, it will have less to spend on repairing levees; if it deploys the National Guard and reserves to fight a hopeless war in Iraq, there will be fewer resources at home to cope with a domestic crisis...

Source: IIPM Editorial

for More IIPM Article, Click here

Copyright-IIPM-Editorial,2006