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Tuesday, June 16, 2009

IIPM News - 25 Years after operation blue star

A comprehensive follow up by those who witnessed it. How this single event altered the psyche of Punjab and marked the beginning of the end of terror
MODERN TIME

The brave new world

Satish Jacob revisits Amritsar 25 years after militancy ended and finds the city booming


These were the men responsible for a reign of terror, primarily in the countryside, that blighted the lives of hundreds of thousands of people when the movement was at its strongest. As I drove by car on the Grand Trunk Road to the holy city of Amritsar, I embered how tense I and Mark Tully used to be on the stretch between Ambala and Amritsar. It was in this region that Sikh extremists were most active and their violence had reduced economic activity to a minimum. Barring a few bullock carts, trucks and a handful of cars, the traffic on the road was sparse. People avoided traveling on this stretch. The militants used to stop cars and buses, drag out the passengers, particularly non-Sikhs, and shoot them.

In the countryside around Amritsar – an extremist stronghold - the fear was even more pervasive. Even in daytime, few people ventured out to tea shops.

But the villages and towns around Amritsar are now teeming with activity, the roads are congested and noisy and the tea shops, playing Punjabi bhangra music at full blast, are all houseful. The Grand Trunk Road between Ludhiana and Amritsar boasts scores of glitzy buildings – roadside restaurants with names such as ‘Balle Balle Farms’, amusement parks called ‘Las Vegas’ , theme parks modelled on Disney, waterparks, restaurants, highway hotels and mammoth wedding halls where the middle class gets its children married.

The road itself is vastly improved. The Grand Trunk Road, which used to connect Delhi with Peshawar during the British Raj, is now a four lane expressway.

A journey on the Shatabdi Express, the express service which connects Delhi with Amritsar, provides visual symbols galore of how life in Punjab has been transformed over two decades. Cell phones ring constantly in the ‘executive class’ compartments as suave, well-groomed executives work on their laptops while trolleys roll down the aisle offering snacks and meals. There is an air of prosperity and optimism based on the conviction that this prosperity is here to stay.

The passengers on the Shatabdi are mainly young businessmen. Many are in the construction business because construction is booming all over Punjab. The state looks like a building site. In Ludhiana alone, parts of the city are unrecognisable as shopping malls and gleaming office blocks come up.

Agricultural land is being developed by builders who are putting up shopping complexes, offices and residential flats.

One executive I met on the Shatabdi to Chandigarh, Saurabh Wig, works for one of the leading real estate firms in Delhi.

It is constructing new townships in Chandigarh and Ludhiana and in some of the satellite towns around these two cities. “There is a desperate need for residential and commercial accommodation to cope with the rising number of people who are being employed by the new industries coming up in Punjab. Just look at the call centres alone – they need space for their workers and somewhere for them to live,” said Wig.


Property prices have tripled in the past three years after decades of stagnation. Such is the boom in prices that people from all over India are buying land in Punjab almost with their eyes closed, knowing that whatever strip of land they throw their cash at, will appreciate handsomely in a few years. This includes Indians settled abroad who are ploughing their money into land and property not, as they used to earlier, to use as farms or homes, but as an investment.

Punjab is, in fact, emerging as a favoured business and investment destination. The state government, anxious to attract investment, has permitted one hundred per cent foreign equity as a way of promoting Information Technology. The Chandigarh region alone boasts of more than dozen call centres. Students, retired people and housewives find in them an opportunity to earn some money during shifts that still leave them with enough time for their other preoccupations.

Even smaller towns such as Mohali are attracting investors eager to build modern hospitals, hotels, shopping malls and call centres. Old movie halls are being razed to give way to multiplexes. The bureaucracy has been ordered to remove the stumbling blocks that could put off investors. A World Bank survey singles out Punjab as a place where ‘it takes the minimum time to start a new business amongst all the states in India’.

In Amritsar, which had seen an inexorable flight of rich businessmen from the city during the separatist violence, the old buzz has returned. The old businessmen have returned to re-establish their enterprises, accompanied by newcomers. Land here, which had plummeted in 1985 to about 100,000 rupees an acre is now fetching 15 million rupees per acre. On Mall Road, the smartest residential and commercial area , a plot of four acres was recently auctioned for Rs 21 crores. At Jullundur, I used to stop for sweets at a restaurant and sweet shop called Lovely Sweets when I was reporting on the militancy.

The middle-aged, jovial owner, Naresh Mittal, would always be around, ready for a gossip and a few jokes. Today he is one of the most influential businessmen in the city. Apart from Lovely Sweets, Mittal and his two younger brothers Ashok and Sunil, now own, inter alia, a motor car showroom, a motorbike showroom and half a dozen educational institutes, all of which have ‘Lovely’ in their names, including the Lovely Institute of Science and Technology which is affiliated to the University of Punjab and is the first private university in the state.

The Mittals have no doubt that this newfound prosperity is here to stay. A recent survey showed that Chandigarh has the highest per capita income of any Indian city (though Punjab as a state slipped from the top position in terms of per capital income a few years ago and presently occupies the fifth slot). Ludhiana apparently has more Mercedes than any other city, including Bombay, the commercial capital.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, January 28, 2009

Has Our Big Bang At Cannes Rocketed Us To The Global Arena?

MONOJIT LAHIRI checks-out with the Adfrat

The Toast of the Fest! The Stars of the event! The Flavour of the day! India – with an unprecedented tally of 23 metals (including the first-ever Grand Prix, Integrated Lion & Cyber Lion) swept across all categories, and re-enforced by physical presence in all major juries – scored big, both at the hustings and the mind space of the global guru’s gracing the glamorous, glitzy and hi-profile ‘Oscars’ of the ad world! Accolades came thick and fast from hot-shots like Terry Savage (“They have done extraordinarily well this year”), Craig Davis (“brilliant ideas can come from anywhere. Bravo!”), Mark Gross (“Their work is beginning to stand out because they are getting to know more about the medium, its nuances and what should be done in that medium. They will now move only upwards …”), Rodney Fitch (“India has indeed scored very high!”) and Colleen DeCourcy (“India is already thinking on the new media as well and the creative talent is being groomed to think in that direction. That is a good sign. Clearly the expectations will be more, next time.”)

Looking back today, does all this indicate ad-India’s coming of age in the global platform? Or are these early days? Or is too much being read about a hyped firang awards, which has no connection with the ground realities defining India’s market space?

Siddhartha Roy (Executive Director, RESPONSE, Kolkata) fires the first salvo. He believes that in today’s globalised world, “Cannes is important and our work being awarded there demonstrates our worth in the international arena – reason enough to celebrate!” His main reason to rejoice however is “an exciting climate of creativity, powered by the new-age client’s genuine desire to buy into fresh, cutting-edge ideas is clearly visible. This augurs well for the future.” Equus Red Cell’s Swapan Seth is not so sure. He reckons that while modest jubilation is in order, too much shouldn’t be read into this scoring. Why? “Because, barring some outstanding (produced and released) work, Cannes continues to be claimed by … Scams!”

Ujjal Sinha (CEO, Genesis, Kolkata) however refuses to be so cynical. “Globally, India today is rocking! From DAVOS to IT, its Incredible India all the way! Cannes, sort of (appropriately) seemed to fall in line.” Sinha however cautions about getting carried away and emphasises that we have a long way to go before we consistently are able to deliver world-class communication slugs.

Alyque Padamsee agrees. “Without meaning to be a kill-joy or Devil’s Advocate, I have to say that this hoo-haa shouldn’t be taken with a pinch of salt!” The revered ad-guru believes that to be actually perceived, recognised and respected as a creative powerhouse, a country has to have at least ten ad agencies consistently producing cutting-edge stuff, time and time again. UK is a classic case in point. “Otherwise you are nothing more than a hyped, glamorous, flavour-of-the-day! Brazil, Spain, Australia, Japan … all these countries, at some point or other, were huge, but where are they now? Incidentally Americans aren’t too enamoured by Cannes. They view it, as an European event. For them, ONE SHOW, D&AD, CLIO, MOBILIS .. appear hotter.” The flamboyant Dorian Grey (or is it Dev Anand?!) of Indian advertising signs off with style. “At the end of the day, while being jubilant and energised about the success is fine, we must decide whether we are looking for Sprinters … or Marathon men?” The red-hot ad-land – Bollywood star Prasoon Joshi refuses to enter the fray and strikes a benign, Buddha-like pose. “Why are we always chasing labels, arrivals and departures? Has India arrived? There must be a zillion personal takes. For me, its important to enjoy this awesome journey instead of doing a paralysis through analysis! We have definitely covered significant distance and are poised to cover lots more. Lets – individually and collectively – try and contribute as much as possible to take this forward instead of hysterically trying to play judge & jury!”

TBWA’s big daddy George John warmly congratulates all the winners and believes, “it can only act as a terrific confidence-booster to set our sights even higher. Regarding going over-board, lets not play spoil-sport and rain on their parade. Savour it…” Sushil Pandit of THE HIVES adds his own spin to it. “For quite some time now, we have been doing excellent work – both in the area of ideas and execution – that has moved our markets, consumers and brands. The trend continues. The difference is that this time, it resonated there as well! If Cannes acknowledged and rewarded our stuff … then yes, it happened this time.” Pandit is convinced that the dramatic zoom in our fortunes have occurred largely due to the fact that “we have learnt to intelligently leverage the processes of Cannes … context stuff that works with these guys.” Hence to the question of whether India has finally arrived at Cannes, the answer is: ‘yes’. To the (bigger) question whether India has (generally) arrived, the answer has to be: Long Time Back!” Dentsu’s Gulu Sen agrees. “The buzz has been around for some years now, but with this, we’ve actually struck ‘big’! It’s a lot like the Olympic gold! And the Grand Prix for the brilliant Lead India campaign was most appropriate. It was a magical combination of passion, purposes and perspective.”

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
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IIPM Ranked No1 B-School in India
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IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, January 27, 2009

Next stage: Building virtual relationships! - "IIPM-News"

Our point of view for social media is very dynamic. Internet has changed the way we communicate. The role of public relations has therefore become more significant in building this trust with the consumers. Now public relations have to let-go the message in order to build trust. When you are communicating with a blogger or somebody who is running an online forum, the way of communicating becomes different in an altogether different way. The message should be authentic and believable. Internet, therefore, has fundamentally changed the way of communication. As far as India is concerned, Internet penetration is just 5.4%. This is a very miniscule penetration. But that also means there is a big opportunity waiting to be exploited. But 85% of people who are online are reading blogs and out of which 40% of these read blogs daily.

We also did a survey in Asia out of which majority of Indian people admitted that they were contact by PR agencies at various points of time through social networking sites. Thus PR people need to know these bloggers and visitors of such sites and communicate with them as they just don’t want press releases only. They want first-hand information. But this becomes difficult for companies, especially Indian companies and that is what we aim to find a solution for.

Moreover, companies like Nokia in Singapore are in the more advanced relationship building phase. That’s what we have to get into in India also. Online scrapping or social networks in India is a part-time exercise, so most people are ready to meet you after their regular work hours and that too usually in bars and informal environments. This needs to be followed by active engagement with companies. Social networking sites therefore become the integral part of a company’s communication strategy.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Monday, January 26, 2009

An open letter to RATAN TATA - "IIPM-News"

Dear Ratan Tata,

This humble hack dares to be presumptuous enough to write with trepidation and a certain gumption that would hardly ruffle the feathers of a mighty and towering giant of an entrepreneur whose companies have been on a quest of global conquest in the last few years; albeit without the marauding violence and contempt displayed by the rampaging armies of George Bush Jr. I marvel at the vision, stamina, will power, fortitude, leadership skills and chutzpah you must have to manage a group with about 80 companies. I was an even more ardent admirer of your predecessor the late J.R.D. Tata.

Like all hacks, I was going through a bunch of newspapers the other morning when I stumbled upon this headline: “Tata Seeks Special Funds in Banks.” Like most hacks, I was curious; wondering if the mighty Ratan Tata now wants to buy up a bank or two after gobbling up Corus, Jaguar and Land Rover. After reading the story, I must admit I was puzzled; you may say even baffled and bamboozled. The question kept ringing in my humble head: the mighty Ratan Tata, the great global entrepreneur, the saviour of India Inc. and India, now going to the government with a hat in hand?

It seems you have found some time from your maddeningly busy schedule to write a letter to the humble Dr. Manmohan Singh. He must have felt elated because he was dejected when Barack Obama didn’t call him. In the letter, you have taken up the responsibility of saving the brightest jewels of India Inc. from distress and even disaster. In keeping with the Tata tradition of corporate ethics and social responsibility that was so exemplified by J.R.D. Tata, your mission is selfless and charitable. You want ‘select’ Indian banks to create a special contingency fund for ‘credit-worthy’ Indian companies. And what would that fund do? It would rescue allegedly top performing and leading ‘credit-worthy’ companies from despair, if the dollar and euro loans they have taken are recalled or have to be repaid in a hurry. That is because the global financial meltdown might compel many foreign banks and institutions desperate for liquidity to refuse to extend or roll over the loans after December 31, 2008, when they close their books of accounts. Visionary leader that you are, you have chosen to be pre-emptive and pro-active in saving the honour, the very izzat of ‘credit-worthy’ Indian companies and entrepreneurs. Entrepreneurs that are not considered ‘credit-worthy’ by you have no izzat anyway.


I don’t know if this humble missive will reach 10, Janpath or if Sonia Madam will even read it. But I hereby nominate you for the next Bharat Ratna for your pioneering efforts to save corporate India. Your efforts are so refreshingly different from the controversial actions of Vijay Mallya and Naresh Goyal, who have acquired a nasty habit of going hat in hand to the government. After announcing global conquests a la Vasco da Gama through Kingfisher and Jet, the duo have now hunkered down and want a series of bail outs from both the government and the consumer. (As a frequent flyer, you might have heard of how consumers are bailing out Mallya and Goyal by paying through their noses for air tickets). You are also so refreshingly different from the likes of Rahul Bajaj who claims to bat for India Inc. by allegedly asking for more protection from foreign competition.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Thursday, January 22, 2009

MFs sink further into the red!

All thanks to the global meltdown, MF industry in India has witnessed value erosion of Rs.759.96 billion in equity related schemes in the first seven months of FY 2008-09. According to the AMFI data, Rs.406.08 billion of this was lost in October alone. Notably, BSE Sensex and BSE-500 also recorded their single biggest monthly fall in October. BSE Sensex plunged by 23.9%, while BSE-500 fell by 27.1% in October. AUM in equity related schemes too declined from Rs.1,890.25 billion as on March 31,2008 to Rs.1,579.13 billion as on October 31, 2008. This fall in AUM is partly due to value erosion in equities & partly due to redemptions that followed them.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs

Labels: , , , , , , , , , ,


Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, January 21, 2009

IS GREEN THE WAY TO GO?

When the oil shock first reverberated across the globe in the 1970s, the Detroit duo refused to change, in the fond hope that green will be the colour of envy for rival Japanese auto majors. But today, when Toyota and Honda lovingly brandish their nimbler, fuel-efficient machines at the American consumers, it’s GM and Ford that are not just going green with envy but are literally gasping for survival! To avoid falling into a similar trap, the impulse of going ‘green’ is running faster than blood in India Inc.’s veins. From IT giants to luxurious hotel chains, from automobiles to mutual funds, corporate India is moving fanatically ahead with green initiatives. But will the gamble eventually pay off? Deepak R. Patra digs in...

Gambling may be almost an indecent (well, we said almost, didn’t we!) word in civil society but the green gamble is one that companies globally and in India are almost being coerced into. Cautiously watching and gauging their every activity are not just environmentalists and governments, but also a fast-growing breed of aware consumers who are ostensibly choosing the natural colour over their made-up counterparts. But hey, do consumers, really care as much? Go talk to modern consumers; they are sensitive, they understand responsibility toward environment, are concerned about climate change and want to help protect the earth from effects of global warming. Indeed, a 2007 global McKinsey survey of 7,751 people in Brazil, Canada, China, France, Germany, India, the United Kingdom, and the United States suggested that 87% of consumers surveyed worry about the environmental and social impact of the products they buy. Encouraging news for India Inc.! But, at the time of actual buying, there appears a mismatch between words and actions. As per the 4Ps B&M and ICMR survey conducted across five big Indian cities – Delhi, Mumbai, Kolkata, Chennai and Bangalore (see pages 70), merely 32% of consumers surveyed had actually bought/or were willing to buy only those products that are marketed as ‘green products’. Even the aforementioned McKinsey survey concluded that no more than 33% of the consumers in their survey were ready to buy green products or have already done so. And possibly then also, they may only be buying organic foods (for personal health) or energy-efficient lighting (of course, that helps them reduce their electricity bill!).

However, more than a few contrarian instances prevail. The green gamble has already paid GE’s Jeff Immelt more than billions of dollars in revenues from his Ecomagination initiative; WalMart’s 2008 report on consumer behaviour reported a 66% increase since last year in consumers’ decisions to purchase five key eco-friendly products viz. CFL bulbs, organic milk and baby food, extended-life paper products, et al. Clearly for WalMart’s 200 million consumers, environment reigns high even in their shopping baskets.

With global success stories like these to swear by, almost every marketer in India is wondering whether the green gamble will pay off this side of the Indus! And instead of losing sleep over the question, they are following the age old way – that of testing the market by soft-launching green products and services and letting consumers be judge and jury. Leading the pack without hesitation are the IT behemoths, who know that they can’t forever avoid the growing breed of environmentalists who swear by the sword to oppose them for anything that hurts the environment. If HCL Infosystems, the lone Indian-origin hardware company, introduced a complete lineup of eco-efficient consumer and business notebooks, compliant with the RoHS (Restriction of Hazardous Substances) directive last year, global giant Dell plans to produce (and also market in India) laptops and desktops that will use 25% less energy by 2010. Many IT majors have even begun designing their products in consideration of its environmental impact at each stage of the product’s life cycle. While the first steps have only just been taken in India, globally technology giants have been benefitting from their green initiatives for some time now. Apple, in fact, has discovered that going green literally translates into alternative revenue streams. Apple recycled 13 million pounds of e-waste in 2006, equivalent to 9.55% of all Apple products sold seven years earlier. Watchers at Apple expect these revenues to reach 20% in 2008.

Even Big Blue is keenly acquiring green hues, and is not restricting itself to merely eco-efficient notebooks. Under ‘Project Big Green’, IBM is selling green solutions to those corporate data centres where energy constraints and costs are limiting their ability to grow. The promise is that these solutions will help each data centre to cut their energy costs by half (a typical 25,000 square foot data centre spends $2.6 million in power annually). In India, the Big Blue (or should we say green!) has already executed data centre projects exceeding 2.5 lakh square feet for over 55 clients. Neeraj Sharma, Director, Infrastructure services, IBM (India) told 4Ps B&M, “Monetarily speaking, IBM saw strong signings performance of its Green Data Center services offerings that were announced in the second quarter of 2008. Nearly $220 million in new business have been signed in the 2nd quarter of 2008.”
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs

Labels: , , , , , , , , ,


Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, January 20, 2009

XPOSE

On the green side of the fence
"Khuda ke liye", the first ever Pakistani movie to be released in India, tried restoring people''s faith in probably the most misunderstood religion across the world. Swati Hora talks to its writer-director, Shoaib Mansoor.

What led you to make the movie "Khuda Ke Liye"?

It has a lot of my personal experience, some psychological and some solid. I love music. I started my music career in the 80s with our band Vital Science. The lead singer of the band was one of my closest friends. We were together for 17 years. But suddenly he got misdirected and started thinking that music is un-Islamic. He didn’t stop at that. He started appearing in public and spoke against music. That’s when I chose to make this movie because he had no right to mislead the young.

"Khuda Ke Liye" was also aimed at reviving the Pakistani film industry. Have you observed any changes in the industry that followed the film's release?

Though one of the aims of making "Khuda Ke Liye" (KKL) was to take a step in reviving the film industry of Pakistan, I was also sure that one movie cannot possibly accomplish such a task. This is exactly what has happened. Besides, succeeding in KKL has not been able to revive cinema in Pakistan, because KKL, or any film for that matter, could not possibly alone accomplish that.

Any award received or criticism faced after the release of the movie?

Either I have been lucky or the critics in 2008, while watching my movie, were trying to catch up on all the sleep they lost in 2007! Whatever be the reason, the result has been quite good. KKL, till now, has won several international awards…in Japan, Italy, Cairo, Oman, and Singapore, besides four awards at the domestic level. Again, luckily, all the criticism that came my way was before the release of the film when many religious clerics criticised it, without watching the film, based upon its press publicity. After the release, the response of cinema goers was so tremendous that the clerics decided to leave me alone!


Do you see Lollywood becoming better in the near future? Who in the Pakistani film industry do you think is making a difference and will leave a mark?

I am positive that we don’t lack in talent, therefore, the future is by all means bright. But, unfortunately, I can’t be optimistic about the near future since conditions here are not suitable right now for the newcomers. There are no Urdu films being made; no financiers are interested; those who can make a difference, and have both talent and money, are not brave enough to take a risk. As far as I am concerned, I have decided to stick to film making and will keep trying to contribute whatever is within my capability.

"Khuda Ke Liye" was an issue-based movie that educated the world. Which are the other cultural aspects of Islam (misunderstood or otherwise), apart from music, that you feel need to be addressed?

Islam, or any religion for that matter, does not promote anything based on injustice and inequality. It is unfortunate that the followers of all religions become followers of the radical clerics and thus hatred, injustice, and inequality takes roots in the society. It is true for Muslims, Hindus, Christians, Jews…everyone. In countries like Pakistan, the biggest problem is that our religious clerics are not ready to differentiate between religion and culture. This can only be solved with education…whenever that will come. In my opinion, the treatment of women by men is the biggest issue in the whole of South Asia that needs to be addressed.

India is a big market plagued with similar issues and problems. Do you plan to come to Bollywood and work with the actors over here? Who are the Bollywood actors/actresses whose work you admire? Any Bollywood movie that you like?

I would only want to do one or two movies in India because my aim is to improve the industry in my own country. Even the one or two movies that I would do in India will have the objective to improve conditions in Pakistan. I am positive that making a good film in India is going to help my efforts remarkably at the local level to revive cinema. Aamir Khan is one person I appreciate the most. He is trying to break the formula of commercial film making in India. I think it is commendable. SRK has his own place that cannot be denied. The position he holds, not only in India, but in many other countries, makes him a true King. Besides these two front runners who are 'hero' material, there are several other great actors. One that I cannot avoid mentioning is Naseeruddin Shah. He has inspired me immensely, not only by his acting talent, but also by his commitment towards the right cause. I really don’t have the words to pay a tribute to him. He is an artist in the true sense of the word…highly talented and extremely sensitive.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Sunday, January 18, 2009

On a note of faith - "The Sunday Indian Magazine Story"

“Not every heart is capable of finding the secret of God’s love. There are not pearls in every sea; there is not gold in every mine.”

The above couplet is said to have been a favourite of theThe renowned 12th century Sufi saint Baba Farid, the patron saint of Faridkot, the town now believed to be the home of Ajmal Amir Kasab, one of the terrorists who stormed Mumbai and was captured by the Indian police. As neighbours refuse to acknowledge him, and scores of bereaved families look to the government for justice, why not look for peace, and meaning in our lives, through the time-tested healing powers of Sufi music…

When Sufi artists sing, their art is a passionate offering to God, and with them, the listeners too rise above their troubles and their hearts begin to resonate with the music, healing in prayer and music… “Sufism is about faith in life… it’s about compassion, living in the moment, accepting life the way it comes. It heals because it has the power to take one into a trance, and closer to the higher self. That is why when listening to soulful rendition of Sufi poetry, without even realising people start crying. It is in Sufi poetry that one translates pain also very lovingly, for it is about loving God as one’s beloved, and loving one's beloved is loving life...” says Sufi singer, Rekha Bhardwaj.

Aiming to take the heart away from all else and turn it solely towards God, the Sufi musicians have often battled the school of thought that pronounces all music as haram (forbidden). Says Sufi singer Zila Khan, “The extremists might have distorted Sufism and said that it ought to be haraam because one gets too immersed in it and may forget to pray to God… that it’s an addiction, it could take you away from reality and your responsibilities. Anything that makes you forget God is banned and is wrong, so do it in moderation, then nothing is wrong. I look at everything with logic, even praying to the almighty 24x7 is forbidden in the Quran, so even music must be done taking care of our other responsibilities as humans.” “Sufism is beautiful, innocent and pure,” says Zila, and it is of little wonder that it has travelled through so many countries and its teachings have influenced people through the centuries. Even non-religious folk have felt the effect of Sufi music, as unknown to them, it has reached out to them, in concerts where Sufi poetry meets western rock/pop music (Remember Junoon crooning away Sayonee, or Baba Bulle Shah’s words echoing on the airwaves as Rabbi Shergill’s voice swept us away to another plane), or when Bollywood took a break from the usual latka-jhatka songs, and served us the soulful voice of Kailash Kher. AR Rehman has often brought in Sufi hues to his harmonies, and this technique is yet to fail him. Every time Pakistani Sufi artists have crossed the borders to bring to the Indian audiences magical evenings of music, we have all thronged to welcome them.

There are many ties between the two bickering brothers, India and Pakistan. One of them is Sufism. But while terrorists exploit the gullible state of affairs, it is for us to hold on to what is true and beautiful and to remember that at the end of it all, all that matters is for us to be true to the God within and without…


“Sufism is beautiful, innocent and pure,” says Zila, and it is of little wonder that it has travelled through so many countries and its teachings have influenced people through the centuries. Even non-religious folk have felt the effect of Sufi music, as unknown to them, it has reached out to them, in concerts where Sufi poetry meets western rock/pop music (Remember Junoon crooning away Sayonee, or Baba Bulle Shah’s words echoing on the airwaves as Rabbi Shergill’s voice swept us away to another plane), or when Bollywood took a break from the usual latka-jhatka songs, and served us the soulful voice of Kailash Kher. AR Rehman has often brought in Sufi hues to his harmonies, and this technique is yet to fail him. Every time Pakistani Sufi artists have crossed the borders to bring to the Indian audiences magical evenings of music, we have all thronged to welcome them.

There are many ties between the two bickering brothers, India and Pakistan. One of them is Sufism. But while terrorists exploit the gullible state of affairs, it is for us to hold on to what is true and beautiful and to remember that at the end of it all, all that matters is for us to be true to the God within and without…
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Saturday, January 17, 2009

On the Offensive

Assam is a case study of illegal Bangladeshi migrants on the warpath, natural when the border with an overpopulated country isn’t sealed, says TSI''s Pranab Bora

Sixty-five-year-old Lakhiram Bodo describes every moment of the past three months in the relief camp as ‘harrowing’. Despite belonging to the Bodo community – the earliest inhabitants of Assam, and the supposed ‘bhumiputras’, he and the entire Bodo population of Dalgaon Batabari were thrown out of their homes by Bangladeshi immigrants in a matter of minutes. Today, their existence at the relief camp has been brought down to this: a tin shed, four kgs of rice, 1.1 kg of dal, 250 ml mustard oil and some salt, “per person, per week”.

“Fifty years ago, there were hardly a hundred such families here; today there are thousands of families. When they attacked us after the first skirmishes in August this year, we couldn’t resist them; our village was burnt and they killed our people…” Bodo’s voice trails off.

Dalgaon Batabari – near Rowta in lower Assam – is one of many villages that has borne the wrath of the immigrant Bangladeshi, albeit with citizenship papers available everywhere, thanks to the corrupt babus and an apathetic administration that thrives on the Bangladeshi votebank. On August 14, the Bodos brought out a procession opposing the Assam Bandh called by the Muslim Students’ Union of Assam (MUSA) that was protesting against the “harassment of genuine Indian Muslims who were being thrown out of upper Assam districts such as Dibrugarh”, as 23-year-old Badrul Islam, MUSA president, says. The total immigrant Muslim population in lower Assam is about seven million. At the time of independence, the Muslim population in Assam stood at 1.9 million. Now, the average growth rate of Muslims in Assam stands at 18 per cent; that of Hindus at 14. Six of Assam’s 27 districts now have a Muslim majority population. While in 13 districts, the growth rate of Muslims is less than 30, in seven it is less than 40. In Karbi Anglong, it is as high as 73.6 with the population going from 10,000 to 18,000 in 10 years.
Statements from two state Governors – SK Sinha and Ajai Singh – along with the Gauhati High Court in recent times now buttress what organisations like All Assam Students’ Union (AASU), that led the six-year-long anti-foreigners’ agitation beginning 1979, have said all along: that the state has been inundated by Bangladeshis who endangered the very existence of local communities. It was the detection of hundreds of Bangladeshis in the voters’ rolls in 1979 at Mangaldoi that sparked AASU’s anti-foreigners agitation.

Yet, the modus operandi of political groups who speak for the illegal migrant remains the same. MUSA’s Islam accepts that census reports show dangerous population growths in these districts, where other indigenous communities showed normal growth. Yet, every time suspected illegal migrants moving to the upper Assam are handed over to the police, the MUSA protests against the “inhuman treatment meted out to them”. The August 14 bandh call was one such protest.

The October 30 serial bomb blasts in Assam – the state is now home to a number of Islamic militant groups – that killed 90 and injured hundreds was a culmination of events. The blasts were claimed by the militant group Islamic Security Force (Indian Mujahideen). While the Congress-led government continues to blame the blasts on militant groups like United Liberation Front of Asom (ULFA) and the National Democratic Front of Bodoland (NDFB), till date nothing has come out of its so-called investigation.

Sitting in his small “Office of the Muslim Marriage, Divorce, Registration and Kazi” at Dalgaon, Qazi Md Afzal Hussain, an Assamese Muslim says: “During my father’s time, this was a place of forests where tigers have killed people.” Now, Dalgaon is dominated by immigrants, where Muslims have wiped out tribal belts. As for empowering the Bangladeshi migrant woman – most of them illiterate and some bearing up to 20 children, Hussain says he hasn’t heard of the new nikahnamah released by the All India Muslim Women Personal Law Board.

The results are evident. As opposed to the sparsely populated Bodo relief camp at Rowta; the displaced immigrants lodged at camps at Dalgaon lives in squalor, the camps overpacked with unthinkable living conditions. Bashid Ali, one of the inmates, claims their village was attacked by Bodo and Bengali Hindu people, an indication that the Hindu and Muslim Bangladeshis are now at loggerheads in what, all said and done, is a war for land. The rate at which the immigrant Muslim rampages through the districts of Assam is something that local communities have found impossible to resist. At the receiving end is not just the Bodos, Karbis, Assamese or Bengalis but also the original Assamese Muslim (known as goria), a community that has broken away from the so-called Muslim ‘minority’. “Expect a Bangladeshi as Chief Minister within the next 20 years in this state,” says Nekibur Zaman, Gauhati High Court lawyer, an Assamese Muslim and founder of an organisation ‘Khilonjia Muslim Unnayan Parishad.’ “They may call themselves minorities but there are 20 Bangladeshi MLAs even now in the state Assembly.”

For the “mainstream” politician, all of it is to be shrouded in skewed, convenient statistics. Maulana Fazlul Karim Qasimi, a goria Muslim and the convenor of the Assam United Democratic Front (AUDF), agrees that there is a conspiracy: “For many political parties, keeping the immigrant population an uneducated, proliferating Bangladeshi lot helps their interests, as children born today will vote after 18 years.” Its victims are both the immigrants and local communities. The toll in the August-October clashes stood at over 50. Add to that the 855 students killed during the Assam agitation, followed by the thousands who have been killed during the insurgency that was an offshoot of the agitation. And as people here point out – this is what is happening to India in its northeast, thanks to the our calloys and self-thanking politicians.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
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IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Thursday, October 23, 2008

Most deadly Japanese warriors

The Accord has taken over the market, and is the number one seller with sales touching the 1,900 unit mark (A5 segment size: 3200 units). “With a market share of 24%, Honda has been at the top of the premium segment. We will continue to provide the latest technology to the customer on a regular basis,” says an optimistic Masahiro Takedagawa, President, Honda Siel. Even Gaur adds, “Honda is an established brand in India and enjoys a brand equity few can match. The company caters well to the customer with the best of products.”

In the mainstay A3 segment, Honda has however lost its sheen after the advent of the Maruti Suzuki SX4 and the Swift Dzire. The company’s City has been subjugated to the number four spot and apparently a newer version is on the cards. India by far is a very important market for Honda outside the developed world but now the company is no longer in an ‘You can’t touch me! Ha! Ha!’ position. The competition is firing all cylinders and the ASIMO robot may not really be the mean-bad guy, but Honda urgently needs to re-direct all its resources from the robo-labs to the car-labs... Or else, only the mean guys (ASIMOS?!!!) would need the Honda!

Shinji aoyama, president, hmsi

B&E: On HMSI’s future plans.

SA: Our production is about 1.2 million. Now we will take a few years to expand our production to 3 million units. Currently we sell about 80,000 units every month; we would like to increase this figure considerably. But we have no plans for a new plant.

B&E: On HMSI’s consumer base.
SA: Our customers are young and those who want style from the product.

B&E: Will HMSI be affected by the current market downturn?
SA: I think the overall industry has been affected by the slow down. However, HMSI will not be affected by this situation in a major way.

B&E: On HMSI’s hybrid plans.
SA: No hybrid plans for now. However we are looking at the 800cc + segment where we intend to launch products. These will be CBUs therefore expect a price range of above Rs.10 lacs.

B&E: On the new CBF 125.
SA: The new bike will target style conscious young customers and there will be a lot of demand from there. We expect to sell 80,000 units of the bike in this financial year alone.

B&E: On the scooter segment.
SA: We can expand in the scooter segment. If we offer more efficient products and offer more value, the scooter promises great growth for us...

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, October 21, 2008

Is there a war on in Georgia?!!?

Georgia has been used by Russia as a platform to send the West and its allies a warning signal; a clear one
Georgia lost an imprudent stake in thumbing its nose at her authoritative neighbour, Russia, which bombed the Georgian cities and snatched control of her seceded province of South Ossetia. While Russia stopped its assault after a week of adventure, it did not do so before stretching her attacks on ‘mainland’ Georgia. Tanks, heavy artillery and infantry were already on the outskirts of the Gori in central Georgia when ceasefire orders were finally read out. This was the first ever attack on a Georgian city in ‘Georgia Proper’. The attack is said to have intensified after Georgia announced a unilateral ceasefire and withdrawal of troops from South Ossetia, which many believe were actually chased out by the Russian forces.

The present military manoeuvre – which includes aerial bombing of capital Tbilisi – indicates that Russia’s plan in the clash had gone beyond securing South Ossetia and Abkhazia that are supposed to be pro-Russian, to delivering the death blow to the Georgian military apparatus. Georgia, part of former USSR is a vocal ally of the West – a fact that has not gone down too well with the Kremlin. Western diplomats are worried that Russia has used relatively low-level conflict in the Caucasus region to expand its sphere of influence and to send a warning signal to the West at the same time. It has also opened second front at Abkhazia—another breakaway province of Georgia. While the US has criticised what she calls Russia’s “Disproportionate Response”, Russia has asked the US to mind her business. Talking to B&E, noted Russian military expert Yitzhak Brudny said,“Russia could not have possibly let go of this golden opportunity to teach Georgia and its neighbours a lesson. The message is clear, ‘Behave properly or perish’.”


The West too has to share the blame. They never tried enough to make President Mikheil Saakashvili see reason. Saakashvili on his part completely misjudged the situation. President Bush on his part has declared Georgia as a citadel of democracy in otherwise jittery Caucuses, all the while ignoring its crackdown on protestors following a keenly fight election. The US went on to help reinforce its armed forces and urged NATO to take Georgia in its fold. A headstrong that Saakashvili is, his adventurism was fuelled by all the pep talk by the US and NATO. So, he concluded that he could incite Russia with impunity. The Russians concluded that it was time to teach him a lesson. Andrew Wilson, a celebrated Caucuses expert at European Council on Foreign Relations told B&E, “Saakashvili may have thought the Olympics would give him cover. But this only made him look duplicitous. The Georgian may therefore already be losing the all-important propaganda war.” With Georgia, Moscow has sent a clear warning to the expanding West: Thus far, and no farther. West has few options but to succumb.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Monday, October 20, 2008

On second thought...

With rising disposable incomes & soaring aspirations, the second hand car market is on a roll

spirations have led man to the moon! The quest of being the best among peers is what spears a man ahead of the race. But all these desires come with lots of constraints – lack of finances being one of them. One such aspiration that has remained long unfulfilled for many Indians is the desire to own a family car. But no more! The second hand car market has made all those dreams of driving an opulent vehicle come true. The growing used car market across the country in the form of both organised and unorganised players is a testimony to the vast potential of this segment.

According to the Society of Automobile Manufacturers in India, the used car market currently in India stands at over one million units, almost as big as the new-car market (1.3 million units). But the used car market in India is highly unorganised, with the organised players accounting for just 20-25%. The main organised players are Maruti (True Value), Hyundai (Advantage), Ford (Assured), Mahindra (Automart India) & Honda (Auto Terrace). The situation is however, completely different in developed markets like the US and Europe, where organised players have grabbed nearly 90% of the used-car market pie. “Consumers’ decisions are fast getting influenced by the quality of after sales service and the value addition. An organised channel definitely adds to the value proposition with quality assurance through warranty,” assures Nikhil Kumar, General Manager Marketing, First Choice, M&M. Buying decision of a consumer really begins with scouring the used-car market for the best bargains. And it’s a known fact that very few Indian buyers pay an expert to evaluate the vehicle and mostly rely on personal mechanics and friends. Thus, a decision of going to an unorganised player might result in a redundant purchase.

One thing that surely brings both the organised and unorganised players onto a common platform are the kind of bottlenecks and hurdles that the Indian used car industry is facing. Soaring oil prices, hardening interest rates, imminent entry of Nano et al, are making the ride bumpy and uncomfortable. Discounting the competition on this front, Ravi Bhatia, Chief GM, Sales & Support, Maruti Suzuki True Value asserts, “Nano will only make the market more lucrative. Also, the price of it is yet to be finalised, so the end picture can be totally different.” What’s more? The consumers in this segment have smartly shifted to CNG vehicles to balance the oil price rise crisis. “The recent hike in CRR by 25bp and Repo Rates by 50bp is expected to push the interest rates higher might impact demand of this auto segment,” explains Vaishali Jajoo, Automobile and Transportation Analyst, Angel Broking. However, on the flip side, since the second hand car has a higher interest rate than a first hand car, this might deter consumers.

Nonetheless, the industry is eying an unprecedented growth to support the shift from two-wheelers to four-wheelers or to a higher model. “Second hand car market is growing at 19% and the new car market is growing at 12%. With this outlook, used car market would overtake the new car market by 2012,” explains Bhatia of Maruti True Value. Be that as it may, the fast growing used car market has grabbed the eyeballs of at least three global players who are planning to park their moolah and set shop here. Japan’s Gulliver International, Britain-based Manheim & a Dubai-based operator are expected to set up local operations on the Indian shores. Rising interest rate and oil prices, notwithstanding, increasing income levels & soaring aspirations is sure to fuel the used car market to hitherto never before seen heights.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Friday, October 17, 2008

‘future’

SAAB AERO X

This Ethanol driven 400 bhp monster is SAAB’s answer to the environmentally concerned speed junkies. The cutting edge design features a canopy style door opening and all wheel drive system.


KIA SIDEWINDER
The Sidewinder is a specialised car designed for drift racing. Central to the design is a high performance gas turbine powering each wheel independently.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Thursday, October 16, 2008

“This is the right time to invest”

High inflation is a temporary phenomenon. There can’t be zero inflation & 8-9% growth, says A. P. Kurian
While markets are going down, inflation continues to hit the Businessroof. And under such circumstances, one of the most affected is the Indian mutual fund industry. In fact, its miserable run over the last couple of months have left investors really disillusioned. Following the AMFI data, the joint average AUM of the 34 fund houses in the country plunged to Rs.5,296.29 billion in July, compared to Rs.5,647.52 billion in June. This 6% drop in AUMs marked the second successive month of losses. However, in the meanwhile, A. P. Kurian, Chairman, Association of Mutual Funds in India (AMFI) shares with B&E’s Sunanda Roy, the initiatives taken by them & concerns that need to be addressed.

B&E: What are the industry’s biggest concerns/challenges at present? How do you plan to deal with them?
Kurian: The mutual fund (MF) is one of the fastest growing sectors of the Indian economy. It is poised to grow at a very robust rate. There are several estimates available. I think, the McKinsey report says 30-35%, there are other reports also. We would surely follow a robust growth rate for several years now. This is because currently the households that invest in Indian MFs are very low. Unfortunately there are more unique numbers but we know that the folio numbers are about 40-45 million. So if you take an indication as to how many folios does one individual holds, say two folios! Then roughly about 20-25 million people only have invested. That shows the large potential that is still available both in terms of increasing the proportion of savings invested in the MF market and the number of households that are there in the whole country. Even among households, from various instruments, the proportion of savings that is in Indian MF is comparatively less! Regulatory framework that has evolved in terms of standard and coverage is world-class. Further improvements can surely be done. Coming down to our own standard and practices, they are also reaching the world class level. In the service area, we are almost on the top of the list in terms of giving your account statement, redemptions credited to your account, buying and selling through Internet et al.

Let’s come to the product. We have the traditional ones, we have the sophisticated ones like the Quant funds which are managed through a mathematical model and implemented through a computer system. Though they are very small in numbers! We have ETFs, Gold ETFs, FMPs, Sector specific funds, SIPs (which are growing at a very high rate). So, there is product innovation always and differentiation. It is a happening industry day in and day out. This is inspite of the constraints or strict conditions in which we are functioning.

B&E: So, what constraints are you pointing at?
Kurian: One of the strict conditions is that you can’t invest in MFs without a permanent account number (PAN). Even if we accept only through bank, still we are ought to follow the know your customer (KYC) norm.

B&E: Are these constraints set to remain for a long time?
Kurian: Yes! It is set to remain. We tried our best to explain to the authorities that we should be spared of this because we are going through a bank and let the bank do all the formalities. But nothing happened! To relieve the investor from the burden of doing this again and again while investing in different funds, AMFI came into the picture. We catalysed a common platform and you have to do it only once and then you can invest in all the funds. Particularly these are not applicable to some of our competing products. You go to open a bank account; I don’t know whether a PAN is required. You just have to give the address proof and identity proof. In case of ULIP also, PAN is not required. We have to compete with the traditional products like bank deposits RBI bonds and now with ULIPs which are getting positioned as an investment product. All these are areas of concern to us. We need to have a dialogue on that; we need to get it sorted out. That’s what we are pursuing now.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
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'This is one of Big B's best performances'
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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, October 15, 2008

Power waltz with the dragon

The JV makes sense, but it will increase ADAG’s debt significantly

Beware! The beasts are on a prowl – the Ghost and the Darkness have hit the Indian terrain! The epitome of strategic alliance of the two lions from the Hollywood blockbuster can be well compared to the business alliance between Anil Ambani promoted Reliance Infrastructure Limited (R-Infra) & Chinese power equipment maker Shanghai Electric Corporation. No doubt, with this unprecedented deal (Indian domestic power utility player tying up with a power equipment-manufacturer), Ambani is looking at a larger picture. The Chinese component of that picture is expected to increase in the coming time in view of the ongoing Indo-China business treaty. Even if its with or without the Chinese partners, to say the least! But then, will the alliance really support Ambani junior in getting his desired chunk of the power and energy market flesh?

“We are committed toward playing a major role in the energy sector. We will continuously seek opportunities and undertake projects to maintain our position as the largest private player in the sector,” declared Anil Ambani, Group Chairman, Anil Dhirubhai Ambani Group (ADAG) on one such imperative business covenant. This $3 billion deal (apart from four other JVs with a committed investment of $400-600 million) between the two majors will give a much needed push to the power and energy initiatives of ADAG. “Ambani surely seems to be betting big with the project and wants to become the biggest player in the infrastructure and energy sector eyeing the huge opportunities that are up for grabs”, agrees Shailesh Kanani, Infrastructure & Real Estate Analyst, Angel Broking. Taking this into consideration, they already seems to be working on that line, where the Reliance Power and EPC orders have been given to R-Infra for optimum utilisation. The 4000 MW Sasan ultra mega project under R-Power is boosted through Rs.128 billion construction support by R-Infra. Moreover, it’s an open secret that the Chinese are known for their cost effectiveness. So, with ADAG’s domestic expertise in terms of customer outreach and human resource support and Shanghai Electric technical know-how and cost effectiveness, Ambani is looking to augment his dominance on energy & power supply domain.

Moreover, this venture will result in Ambani’s power ambition taking a head on with competitors like BHEL and L&T. However, Kanani discounts the competitions when he clarifies, “Well, with the kind expansion & infrastructural growth that India is eyeing, the pie is way too big to accommodate each of these players.” Nevertheless with the country still needing an additional 100,000 MW of power and energy to meet the growing demands for electricity over the next 8-10 years there is plenty for Anil to exploit. So its a great strategy to get into opportunistic win-win collaborations. But the downside to the move is that the initiative would also result in aggravating the concerns related to the quality and after-sales supported by Chinese manufacturers known for supplying comparatively cheaper equipments. The Central Electricity Authority (CEA) is already on the move with a watch dog eye by setting up a technical committee to test and verify the quality and suitability of the equipments supplied by the Chinese counterparts. Another chink in the armour is that with increasing economy turmoil backed by market volatility, increasing input cost with rising inflation et al, the aim of raising around Rs.95 billion as debt for the proposed plant and that too, when a major chunk is expected to be sourced from foreign banks is a little too much of a financial dependence, which ADAG should be wary of.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
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The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, October 14, 2008

So do reforms!

Is it any surprise that now a Goldman Sachs report says that factors like little time left before the government’s term expires, the need to pacify and meet the demand of allies and the next general election, might force the government not to take up any controversial issue or bill in the Parliament? In similar lines, disinvestment and listing efforts of the government, too, have been in the news lately. More than a dozen IPOs and FPOs are expected to come into the equity market. But firstly, it doesn’t make sense to bring equity offers when the markets have lost more than 34% in dollar terms since mid-May; and secondly, across the board approvals are required, clearly going against the logic of time remaining before the next general election. But then, the government does need money to fill in the huge fiscal gap (see graph above) that its ridiculously populist measures have created. Evidently, it is looking for quick-fix solutions since it has failed to adhere to the requirements set by the Fiscal Responsibility and Budget Management Act.

In the whole episode, it fails to consider that there are other critical areas as well. There are infrastructural and social reforms, which need immediate consideration. The power sector is still as wanting as it was a few years back. In fact, the situation has worsened as the demand-supply gap keeps getting bigger. Ultra Mega Power projects, which were supposed to bridge the gap, have not been started yet. Reforms like the amendment in the SEZ segment, Pradhan Mantri Swasthay Suraksha Yojna for the poor families in the health sector and Bharta Nirman Yojna et al have been buried deep down in bureaucratic papers. The golden quadrilateral, though credible, is still not over. The promise of ‘hundred days of employment’, as provided in the NREGA Act, was given to just 0.54 percent of the people registered for employment.

The farmer loan waiver scheme, the mathematical masterstroke of the government, is going the same way. In Tamil Nadu, the small and medium farmers who should have been the beneficiaries are not getting the benefits because most of the agricultural loans have been taken up by big and influential farmers. In Orissa, banks are failing to give loans because they have not got the necessary help from the Centre. Besides, those who had repaid their loans on or before April, 2008 are angry and are agitating. More than 400 million still remain below the poverty line; a similar number remain illiterate.

Patton might have won many battles, but he is worshipped for his most famous statement, “I want you to remember that no b@$#ard ever won a war by dying for his country. He won it by making other poor dumb bastards die...” Indian politicians and Patton have a lot in common. And ‘commitment’ surely wasn’t one! We said it before... Dumb just happens!

For Complete
IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Monday, October 13, 2008

Far on terror

True development can kill terror

The equation has become simple in the new age of terrorism between the developed and least developed world. You either help or face the consequences for not helping. BBC, CNN et al speculated that global terrorist organisations like Al-Qaeda have entered into the diamond trade in Africa, which exemplifies that Africa is becoming prime concern for global security. Ironically, many countries like Ghana, Senegal, Mali and Benin are witnessing GDP growth but not able to eliminate hunger, poverty. While these factors remain rampant in the world’s poorest continent, they’ve become the critical weapons for terrorist recruiters.

While the US has invested over $22 billion in the Iraq and Afghanistan wars, for development assistance, it has contributed less than $15 billion per year globally. Any small help for Africa’s socio-economic development by US would help it in the long run, as researchers predict that US can not only meet 25% of its energy requirements from Africa, but can also gain from Africa’s growing population and emerging trade position. The saying is apt – An idle mind is a devil’s workshop; a poor and hungry one, a terrorist’s.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Dr. Google’s Clinic

Google is also about secure personal health records?
It was three months ago, that Google revealed its pilot project that was aimed to help patients with personal health records in association with the esteemed Cleveland Clinic. This officially launched health portal will allow all netizens to keep a track of their current medical records and past trends, thus allowing all patients who receive their health reports from multiple providers organise their reports on a central platform. Moreover, it will allow patients to enter their medical information into Google Personal Health Record (Google PHR).

Even few large clinics and health centres have shown interest in joining and collaborating with Google’s new portal. But behind all this hullabaloo, isn’t there a concern over leakage of personal medical data? Not really, as these medical records (once entered into Google PHR) become highly secure and very strictly confidential and every user who wants to access the files needs an authentication (password) to do so. In the arena of marketing, it was surprisingly made very clear by Google that there will be no advertising (where Google holds 35.3% of global ad-servers, which contributes to 99% of its reveneus) in Google health as of now. Marissa Mayer, VP, Search & User Products explains the initiative as, “Google Health aims to solve an urgent need that supports with our overall mission of organising patient information and making it accessible and useful. Through our offering, our users will be empowered to collect, store, and manage their own medical records online.”

Google has made sure that it carries on its tag of simplicity even with this portal besides making it private and high on security parameters sans ads. With competiton only in the form of Microsoft’s Healthvault (a similar online service launched in October 2007), there’s nothing bloody in the air. And for the netizens, they now have two highly secure portals to keep their health records intact (if not their health).

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Saturday, October 11, 2008

Mahathir’s closing gambit

While the former Malaysian Prime Minister has been out of power, he has support of the cadres
Malaysia could be in for weeks and months of political turmoil, instability and uncertainty about its future. For a long time, former Prime Minister Mahathir Mohamed has been criticising his successor Abdullah Ahmad Badawi. The war of words between the two has now resulted in a vertical split, with the 82-year-old Mahathri Mohamed quitting the ruling alliance United Malays National Organisation (UMNO). While resigning, Mohamed has levelled serious charges of incompetence, corruption and nepotism against Badawi. Analysts expect many members of UMNO to follow Mohamed and leave. This could jeopardise the future of UMNO that has been ruling Malaysia ever since the nation attained independence in 1957.

Mahathir has been waging a war of words against Abdullah for more than two years, repeatedly asking fellow party members to revolt against the alleged misrule of Badawi. It would now appear that Mahathir has finally burnt his boats with the political party which he ran with an iron fist for the 22 years that he served as Prime Minister of Malaysia. Of course, many senior leaders of UMNO think that the days of the 82-year-old leader calling the shots have gone. According to senior leader Ahmad Zahid Hamidi, the abrupt departure of Mohamed will hardly have any impact on the fortunes of the ruling alliance as he believes Mahathir Mohamed is a spent force who is acting petulantly because Badawi refuses to let Mohamed dictate terms.

Yet, Badawi and his associates will not find it easy to write off the ageing war horse. Mahathir Mohamed still enjoys the respect and admiration of many Malaysians who credit him for transforming the country from a poor, third world nation into a modern and prosperous economy. Many fondly recall the role played by the former Prime Minister during the East Asian financial crisis and melt down of 1997. Thanks to pragmatic steps taken by him, Malaysia and its citizens were the least affected by the crisis.

Some of Mahathir''s allegations of economic mismanagement have resonated with the Malaysian public as inflation rises. Besides, Badawi''s public campaign against corruption has not shown any dramatic successes. His promise to fight corruption has shown few results. Although he has been out of power for six years, Mahathir is believed to control as much as half the party at the division levels. Speculation is rife that he would form a new ethnic political party. Taking members of Parliament out of UMNO, the lead party in the ruling national coalition, would cut its 140-82 seat majority by an as-yet undetermined number. This could well spell the end of the coalition, which has ruled Malaysia for five decades.

Much of the antipathy within UMNO is directed against Prime Minister Badawi’s son-in-law, Kairy Jamiluddin, who it is believed has too much influence over Badawi. Kairy is seen as a de facto power, interfering in the day-to-day running of the country''s administration. Others say he is obsessed with placing too many of his own people in positions of power. Political stability is important for Malaysia because it remains one of few Muslim majority countries where al-Qaeda has been unable to spread its ideology of hatred. However, analysts now worry that prolonged political instability and citizen anger against the Badawi regime could just open the door for Islamic fundamentalists to spread wings.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Friday, October 10, 2008

Indians Rising

Taste the West while being in East
All the happiness of life lies in the Western Countries is no longer a reality; feel upwardly mobile young Indians. Graduates from IITs and other Engineering Colleges, or from IIMs and other top Business Schools command income packages that are indistinguishable with their Western counterparts.

Their tastes are similar with the rich young Westerners-many own high-end luxury cars and wear designers clothes, employ maids and a full time cook, and regularly vacation abroad. By 2025, there will be 9.5 million Indians in this class and their spending power will hit 14.1 trillion rupees- 20% of total Indian consumption. Long-established spending attitudes are already changing rapidly. For generations, Indians did their daily shopping at fresh-food markets and regarded packaged foods as ‘stale’. However, just like their Western counterparts, a new generation of busy urban Indians is starting to appreciate the convenience and choice offered by packaged foods.

Therefore the professional Indians are getting a lifestyle of the developed world even after being in India. This adds to the belongingness and cultural compatibility to the affluent lifestyle they already have and would like to have. The bonus is the legacy of ‘best of both worlds’ to the young and vibrant professionals and upwardly mobile Indians.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial,

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


Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, October 01, 2008

Corrupt sports

All forms of bribery present here
It is a general notion that corruption in sports governing bodies is limited to developing countries only. But not quite, though. The highest governing body in sports, International Olympic Committee had accepted bribes- in the form of cash, entertainment, business favors, travel expenses, medical expenses, and even college tuition fees for members’ children. There were seven high level inquiries held into the Olympic Games city-bidding process recently.

It includes US-based probe into Salt Lake City 2002 Winter Olympics; an Australian enquiry into Sydney Olympic Games, an investigation in Japan and 2012 Olympic Games in London. There are 30 or more than a quarter of suspected delegates in IOCs own enquiry. The US Olympic Committee Ethics panel probe into Salt Lake City bid, in which $1.2 million was paid to IOC delegates to secure their votes. David F. D’Allessandro, President of John Hancock described the Sydney Olympic Games bidding process as a “clear cut” case of bribery and denounced the IOCs response as a “classic cover up”. Bidding for 2012 Olympic Games in London is also riddled with corruption, with so-called “agents” promising to deliver dozens of IOC votes in return for bribes, an undercover BBC TV programme claimed. After Los Angeles made $215 million profit from 1984 Olympic Games by selling exclusive rights to various corporate sponsorship categories –a scramble began between cities for the right to host the games and secure profits that could be made in tourism, construction, transport, and other industries. As competition between companies and cities increased, and profit climbed, so did opportunities for bribery and corruption, for IOC and indiviudals.

IOCs nepotism, vote-selling and other forms of corruption are now coming to light with no surprise. They are infact inevitable by-products of vast sums of money and multi-million dollar profits surrounding the event.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Sunday, September 28, 2008

Health scheme has to meet its objective

Raghu argues that if the grandoise health scheme has to meet its objective of reaching out to 5,70,000-odd villages across the country, and provide better health care facilities to the poor, the various healthcare services need to be rendered free. At present, the cost differential between home deliveries and institutional ones – Rs.200 compared to Rs.2000, respectively) – is too high, and this is a prime reason for the decline in institutional deliveries. There is a need to optimally utilise the resources.

Lack of medical staff is an issue. Despite an increase in OPDs, the employee strength in Nagrota remains the same, 153. In the absence of adequate number of specialists, the problems relating to implementation are heightened. The same is true for other FRUs; there are no general surgeon posted in many places, and several patients are refused because of a lack of specialists.

H. Dhiman, a gynaecologist at Dera Civil Hospital, agrees: “We do not have doctors; there are only 9 in Kangra district.” According to him, NRHM is a failure. Too much money has been spent with too little returns, and there is fight between quality and quantity. “Consider the case of Palampur, where there are 14 specialists and patients go there primarily because of the services they provide. If we have adequate number of specialists, we too can provide the needed services. The programme is successful in Khundiyan and Samot because of local donations. If you provide adequate services, people donate.” But then how does he explain the success of Nagrota? “If you have people like Raghu and Kulbhushan Sood (Head, Dera), success is assured.”

Pravin Sharma (MLA, Palampur), too is aware of the deficits of the scheme. He explains, “First of all, the current centres, sub centres, PHCs, and FRUs should have adequate facilities and specialists, and then only the new ones should come up.” The reach of the programme is still inadequate and, according to Kuldeep Guleria, a local journalist, “the media has played an active role to promote the scheme, but remote areas still face the same old problem. The programme is active when there is political pressure.”

In the end, it’s always the political will at both the central and state levels that matters. Only a change in attitude among the Indian policy makers can provide health for all Indians.
The Snapshot

In 2007-08, Rs.475,000 was allocated for the purpose in Nagrota; of this, Rs.298,000 has already been utilised this fiscal

In Himachal Pradesh, the number of girl children for every 1,000 male children went up from 815 in 2006 to 846 in 2007; the number of OPDs on an annualised basis doubled

Administrators take suggestions from staff and patients in a bid to improve health services; the concept of quality circles is catching up

The Problems

The number of institutional child deliveries has come down from 0.52 lakh in 2005-06 to 0.49 lakh in the next year

Lack of medical staff is an issue; in many cases, there are no general surgeons to treat the patients

Too much money is being spent under the scheme to get too little returns; there is a constant fight between quantity and quality

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Thursday, September 25, 2008

Changing its spots

It’s greenfield for now, but Mittal could always revert to Plan B

Ironically, while his Indian origin was quite overhyped during the Arcelor acquisition talks, steel tycoon Lakshmi Mittal has taken quite a while to develop a serious India focussed business strategy. But that is now changing fast.

On February 7, 2008, Arcelor-Mittal joined hands with Shivalik Bimetal and Germany based DNick to set up a metal cladding plant in India to tap opportunities present across the globe. Exactly four days after this agreement was announced, Arcelor-Mittal received provisional approval to acquire close to 7,700 acres of land from Orissa Government to set up the plant’s first leg.

Earlier, in 2006, Mittal had announced setting up a 24 MMTPA greenfield capacity in India, with 12 MMTPA each in Jharkhand & Orissa with total investment of $20 billion. Ashok Jainani, Head of Research, KSL India, says, “Setting up a steel plant requires all the patience, energy one has. There are many sensitive issues like environment, policy et al to be addressed cautiously.”

The question is why is Mittal not planning inorganic growth in India, which has been his preferred route? Arcelor-Mittal has a three point growth charter, aim for product diversification; acquire assets, which add up to the value chain and expand in more and more geographies. Sudhir Maheshwari, EVP Finance & M&A Head, Arcelor-Mittal, told B&E, “Consolidation will continue to form core part of our strategy. But India is a different ball game. It offers huge raw material resources unlike other geographies. Going greenfield in India makes more sense at the moment...” But that could be an eventuality, as per experts. After all, in China, L. N. Mittal slowly & steadily constructed his empire around Hunan Valin. Aditya Mittal, CFO, Arcelor-Mittal revealed to B&E, “We are not really following two different strategies. It is one strategy; expansion in key markets. India is currently about greenfield…” So while the company is not revealing its cards yet, it has rightfully kept its options wide open.
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IIPM Editorial, 2008
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Wednesday, September 24, 2008

Multi-problem solver

Reflects the country’s policy objectives and abilities
Change is the only constant phenomenon in life! If you thought this is the most boring cliche you’ve ever heard, it just seems that our government perhaps has never even heard about it, what with their focus never fully understanding the dynamic changes that developing economies undergo. One reason why multi-year budgeting is perhaps the doctor’s order of the day for us!

Countries like Australia, Austria, New Zealand, the United States, Germany and Great Britain are all picking up the threads of multi-year budgeting, which is in vogue today. And why not, especially as it spells out the means to correct fiscal problems, to estimate fiscal upshots under alternative economic conditions, to provide for a stable and consistent budget and to involve different ministries during the process. A variant of this approach is the Medium Term Expenditure Framework. Multi-year Budgeting is also called Forward Budget, Expenditure Review, Forward Estimates and by other nomenclatures in different countries, and it also has plenty of methodologies, which could be prudent to developing countries like India. This newfound approach could be a worthy fiscal policy and management tool, and could reflect the country’s policy objectives and administrative abilities as it also involves the line ministries in the budget process.

Although the usage of Multi-year Budgeting is on the rise, one can still not gloss over the fineprints of its shortcomings. For instance, the inclination towards over-estimation of economic growth and resources available during the forecast period and also probability of spending agencies to view the forecasted expenditure as an entitlement are aspects which governments have to bear in mind while going about implementing this technique. But in spite of these, Multi-year Budgeting is surely a great way to get an economy into a proper perspective.

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IIPM Editorial, 2008
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Monday, September 22, 2008

Just what was needed - some good news!

A scrutiny into the polls conducted by US reveals quite disturbing realities
The U.S. occupying army in Iraq (euphemistically called the Multi-National Force-Iraq) carries out extensive studies of popular attitudes. Its December 2007 report of a study of focus groups was uncharacteristically upbeat. The survey found that a sense of “optimistic possibility permeated all focus groups ... and far more commonalities than differences are found among these seemingly diverse groups of Iraqis.”

This is “good news, as per a military analysis of the results,” Karen deYoung reports in The Washington Post. The “shared beliefs” were identified in the report. To quote deYoung, “Iraqis of all sectarian and ethnic groups believe US military invasion is the primary root of violent differences among them, and see departure of ‘occupying forces’ as the key to national reconciliation.” Also, Iraqis seem to accept the highest values of Americans, as established by Nuremberg Tribunal – that aggression – “invasion by its armed forces” by one state “of the territory of another state” – is “the supreme international crime differing only from other war crimes in that it contains within itself the accumulated evil of the whole.”

More good news was reported by Gen. David Petraeus and Ambassador to Iraq Ryan Crocker during the extravaganza staged on Sept. 11, 2007. They provided figures to show that the Iraqi government was greatly accelerating spending on reconstruction, reaching a quarter of the funding set aside for that purpose. But the Government Accountability Office found that the actual figure was one-sixth of the reported, a 50% decline from the preceding year. More good news is decline in sectarian violence, attributable in part to success of the murderous ethnic cleansing that Iraqis blame on the invasion; there are fewer targets for sectarian killing. But it is also attributable to Washington’s decision to support tribal groups that had organized to drive out Iraqi al-Qaida, and to an increase in US troops.

Iraqis are not alone. A Canadian-run poll found that Afghans are hopeful about the future and favor the presence of Canadian and other foreign troops. The small print suggests that only 20% “think the Taliban will prevail once foreign troops leave.” Three-quarters support negotiations between the US-backed Karzai government & Taliban, and over half favour a coalition government.

Recent polls in Pakistan also provide “good news” for Washington. Fully 5% favour allowing US or other foreign troops to enter Pakistan “to pursue or capture al-Qaida fighters.” Some 9% favour allowing US forces “to pursue and capture Taliban insurgents who have crossed over from Afghanistan.” Almost half favour allowing Pakistani troops to do so. Only a little over 80% regard US military presence in Asia and Afghanistan as a threat to Pakistan, & an overwhelming majority believe US is trying to harm the Islamic world. The good news is it’s a major improvement over October 2001, when a Newsweek poll found that “83% of Pakistanis surveyed say they side with the Taliban, with a mere 3% expressing support for the US,” over 80% described Osama bin Laden as a guerrilla & 6% a terrorist.

Amid the outpouring of good news from across the region, there is now much earnest debate among political candidates, government officials and commentators concerning the options available to the US in Iraq. One voice is consistently missing: that of Iraqis. Their “shared beliefs” are well known, as in the past. But they cannot be permitted to choose their own path any more than young children can. Only the conquerors have that right. Perhaps here too there are some lessons about the “clash of civilizations.”

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Bulls & bears in the year of the rat!

As China begins to taste the ups & downs in the markets, its appetitive for taking risks and aligning itself with global speculators will only increase in the near future
Snowstorm, subprime-blows and dollar-hurricane, all seem to be acting in tandem to pull down Shanghai Stock Exchange from maintaining the bull run. The rather laid-back Chinese markets, which had hardly seen much activity during 2000-2005 (the index had stuck to 1,000 mark, despite strong economic fundamentals), had suddenly caught on with the global financial trends in the past two years – registering an all time high of 5,500. But the first month of 2008, caught the bull by the horns, paving way for the bears to pierce the bubble, based on over-valuations and high rate of speculations seen in the Chinese markets. According to experts, the Chinese shares before the current fall was trading at “price-to-earning ratios of 50 and forward ratios of 40.”

Now, the Chinese investor is certainly not very familiar with these bulls & bears parlance. It is only in 1994 that the bourses first opened in the communist mainland and it is for the first time that China is experiencing a market meltdown. “The typical Chinese household still has over 70% of its savings in bank deposits, compared with 30% in Japan, less than 25% in Europe & less than 20% in the US. Even India, whose per-capita income is less than half that of China’s, the average household has only 40% of its savings in banks, the rest in bonds and equities,” says Steven Xu, Chief Representative, China, with the Economist Group. However, despite the melt-down in the markets, “the outlook on the Chinese mainland banking system remains stable rather than positive as continued strong economic growth is counterbalanced by the structural problems faced by the banking sector,” Standard & Poor’s informed B&E.

The million dollar question obviously is, will Chinese Government intervene to boost dwindling morale of its retail investors and ensure that they have full domestic backing for hosting Olympic Games? Apart from maintaining optimum pollution levels, the Chinese Government is already grappling with the snowstorm, the worst in past 50 years.

The stock markets have already made the contingency plans ready to meet the eventuality of worsening weather and eventual power blackouts. It is reported that Shanghai Stock Exchange has a 30-tonne oil store – enough to supply power for one week. China will soon learn to grapple with the busts & boon in the markets. It will have to soon imbibe that it cannot remain de-coupled from the global economy for too long.

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Saturday, September 20, 2008

Bullets on the way to ballots

The post-poll violence in Kenya is nothing but pure political greed
It seems ice has finally started to melt in Nairobi. After unsuccessful attempts by Kofi Annan, former UN Secretary General & African Union Chairman, John Kufuor, to broker peace, EU Commissioner Louis Michel has finally persuaded President Kibaki to meet Orange Democratic Movement (ODM) leader, Raila Odinga, soon. The high profile delegation also announced that it would await the outcome of dialogue between President Kibaki & the ODM leader before deciding its future course of action. Meanwhile, Michel said as a friend of Kenya, the European Union (EU) was optimistic that the present political state of affairs would be resolved through political dialogue. Meanwhile, Peter Anyang Nyong’o, ODM Secretary General said that ODM & its partisans would continue their peaceful passive resistance until the Kibaki Government shows that it wants dialogue to resolve the crisis. He also accused Kenyan police of killing many demonstrators in several cities by using live ammunition.

Reacting to the present state of affairs in Kenya, noted Kenyan expert, Jacqueline M. Klopp, School of International and Public Affairs, Columbia University told B&E, “All these advocates of violence have lived with complete impunity. They have learned that they could preach hate, organise youth to kill & displace, and be rewarded with a cabinet post. They could get rid of voters who were unlikely to support them. They could use violence for bargaining power at the national level.” The violence has mottled Kenya’s reflection as a stable nation in a disturbed region, diluted its democratic credentials and exposed the fundamental tribal outlook behind its politics.

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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ZEE BUSINESS BEST B SCHOOL SURVEY
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'This is one of Big B's best performances'
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Tuesday, September 16, 2008

Who will witness s(elections)?

World may not witness a major transformation in 2008
Election has always been crucial for the future of any nation. Though 2008 is a crucial year because there is election in most of world powers or dominating countries but estimations show that there will hardly be any major change in their leadership. Ramifications of elections in major countries may remain skeptic and theatrics.

Inspite of much hue and cry, election in the US will be worth watching closely. The US election seems to be more of a race between many bright leaders than two political parties. And in rest of the countries, it will be selection, rather than election. Russia, Zimbabwe, Cuba are also going to have presidential elections in 2008. Putin might replace himself with a new face but leadership will remain with him. Castro is thinking of retirement but he or his legacy will remain to dictate Cuba’s destiny. President Robert Mugabe remains irreplaceable since 1980s. And election in Pakistan is never 100% election. It always waits for resurrection. Whatever the outcome, Musharraf will remain the strongman backed by influential military. In other countries going to polls, there will be a minor leadership change in Egypt, Syria, North Korea, Turkmenistan, Zimbabwe, Belarus, Venezuela, Kazakhstan, Uzbekistan and Tajikistan.

In the era when democracy proves to be the only major recipe for success over other political ideologies and seems to be the only solution for human rights, equality, corruption, and tool for any other way of socio-economic upliftment, the year might not witness a major transformation from the prevailing status. Future of many countries remains in the hands of few individuals. Where the solution lies then? Perhaps, an alien can answer this than a conscientious person…

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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ZEE BUSINESS BEST B SCHOOL SURVEY
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'This is one of Big B's best performances'
IIPM to come up at Rajarhat
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IIPM Ranked No1 B-School in India
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Monday, September 01, 2008

Raise a toast to the scientific edge

There isn’t much about new CEO John Lechleiter to enthuse the markets about Eli Lilly at present, but this diligent scientist may well prove more than a handful for competition

When John Lechleiter joined Eli Lilly and Co. 29 years back as a Senior Organic Chemist, little did he know that he would reach this far. Thirty seven years hence, Lechleiter has been appointed as President and Chief Executive Officer of the company, replacing Sidney Taurel, the current Chief Executive. Lechleiter will assume office from April 1, 2008. As Lechleiter recently said to Forbes, “Who would’ve thought that a kid who joined the company in 1979 as an organic chemist, wearing his whites, would be standing here today?” Taurel passed the baton to Lechleiter at a time when the company, in the last six years, has incurred losses amounting to $6.8 billion in sales to generic competition.

Chief Executives normally have a flair for financial numbers, but this guy is different, for his core competence is science. Label it as a trendsetting expedience or a step well thought of by the company, fact is that in an era where the top slot has invariably been occupied by sales & marketing executives, the appointment of a scientist can be truly considered as an epoch in the pharmaceutical industry. Undoubtedly, Lechleiter’s scientific expertise should provide Eli Lilly an edge over other drug making companies especially in the R&D. Buoyed by the announcement on December 18, the company’s stock price rose slightly to reach 53.49 cents (trading at 56.06 cents currently on January 8).

A native of Louisville, Ky., Lechleiter is a recipient of a Ph.D. in organic chemistry from Harvard. In 1986, he was made the manager of research and development projects for Europe. In 1993, he became the V.P. of pharmaceutical product development. Lechleiter was appointed senior V.P. of pharmaceutical products in 1998. He became the executive V.P. of pharmaceutical operations in early 2004. Lechleiter is a member of American Chemical Society. He is also at present serving on the Visiting Committee of Harvard Business School.


Undoubtedly, Lechleiter has climbed the top of the ladder ostensibly by his skills and knowledge. But there is no denying the fact that he lacks the global experience and multi-lingual skills of Taurel. Taurel stated on the change, “John has been preparing for his new role as my successor for several years.” An elated Lechleiter proclaimed, “We will stand firm by the timeless values laid down by our founders, yet act decisively to maintain our strong competitive position.”

Given his role and responsibility, the first thing that tops his list of agendas is to replace some of its best selling drugs, slated to lose their patents over the next few years. Eli Lilly & Co. has always been passionately focussed on R&D. With $15.6 billion sales in 2006 (less than a third of industry leader Pfizer with $48.3 billion), yet its R&D expenditure for the fiscal year 2006 was close to 20% of revenues (Pfizer spent 15.7%). And indeed, the investments may bear fruit as the drug maker is all set to introduce as many as six new drugs by 2011, at the same time when its top selling drugs, Zyprexa and Cymbalta lose their patents.

Managing short term expectations & long term growth objectives will continue to be his most compelling challenge. But with a clear road map, one could well expect Lechleiter to make it a smooth ride for Eli Lilly stakeholders, who sorely miss the good old days when Eli Lilly’s stock was trading at above 100 cents levels.
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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
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The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
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IIPM Ranked No1 B-School in India
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Wednesday, August 27, 2008

Burma’s jaded military machine

The gemstones of the military controlled Burmese nation are as blood soaked as are the diamonds

The two things which fill the famous Bujo Market in Yangon are, precious stones & of course, the soldiers cloaked in their traditional Burmese civilian attire. Most of the women in the market, too, are related to the military in one way or the other, because much like the other sectors, the gemstone industry (the third biggest revenue earner for the government), too is controlled by the military junta. The garb under which the Burmese ‘soldiers of fortune’ carry out the dubious trade in gems is, the Myanmar Economic Holdings Ltd., a holding company fully owned by serving as well as retired military personnel & the state-owned Myanmar Gems Enterprise.

Recently, the Americans stepped up the pressure on military junta to pave the way for democracy in Burma (US prefers to address Myanmar by its old name). The US House of Representatives have approved a legislation foreclosing all routes, which brought the rubies & high-quality jade from Myanmar into the US.

More importantly, even the Human Rights Watch, an international human rights watchdog, has raised fresh concerns about the gems trade (about 90% of the rubies in the world originate from Myanmar) from the country, where democracy is being ruthlessly suppressed by the military government to perpetuate its own corporate interests. The group has urged the international community to ban imports of all gems from Myanmar. “Burma’s rubies and jade are prized for their beauty but the ugly truth is that the trade in these stones supports human rights abuses. The sale of these gems gives Burma’s military rulers quick cash to stay in power,” says Arvind Ganesan, Director of the Business and Human Rights Program at Human Rights Watch. But despite the human rights indictments against the Myanmar Government, some countries in Asia continue to support the regime. Expressing his indignation against such countries which are ready to condone the human rights abuses, Ganesan told B&E that he credits the governments which have refrained from “buying Burmese gems but the rest, have the blood of Burmese on their hands.”

Those who intend to support the continuation of military regime argue that imposing global sanctions on the gems industry would only harm the craftsmen engaged in cutting the stones into fine jewellery. But the moot point is, can the world ignore the conditions of workers in the mining industry & even the poor craftsmen who continue to be exploited by the top military hierarchy for personal aggrandizements, unjust & illegitimate perpetuation of their rule.

Unless Asian nations begin to acknowledge the fact that Burmese military is not Burma, the democracy will continue to elude Burmese nationals.

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Source :
IIPM Editorial, 2008

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

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ZEE BUSINESS BEST B SCHOOL SURVEY
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IIPM in Financial times (Print Version)
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IIPM Ranked No1 B-School in India
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Monday, August 25, 2008

It was Moditva, not just development

Despite all odds, Narendra Modi won the state elections in Gujarat. What was projected as a neck-and-neck fight turned out to be a kind of a sweep for the incumbent Chief Minister. According to some experts, Modi won on the development plank. Others, who hate him, contend he fought on the Hindutva issue. There is the third set of experts, who claim Modi evolved his own brand of ‘Moditva’, which won him the elections. So, what was it really that helped him?

Well, as far as development is concerned, Gujarat has always been a prosperous state. The reason behind this is the remarkable success of the co-operative movement in the state. The successful example of Anand Co-operative (famous for the Amul brand) is there for everyone to see. Gujarat has also boasted of several economic sobriquets before Modi became a full-time politician. In the old days, it has been called the Manchester of India, Diamond Capital, Milk Capital, and Ice Cream Capital. “The roads have always been good and so was the power supply,” adds Ahmedabad based social scientist, Tridip Suhrud.

What Modi managed was to amalgamate his personal charisma with both Hindutva and development, and presented a cocktail that was drunk by the majority of the voters in Gujarat. The man who gets the crowds worked up enough to shout ‘kill, kill’ during riots easily identified with the CM, as did the suave, pin-striped investor who attends conferences in five-star hotels and talks about investment and infrastructure. Modi’s packaging hooked the media, especially pink newspapers.

In addition, CM Narendra Modi turned out to be the man of the masses, the one who was in touch with the grassroots. “It’s pure theatre. He is a versatile performer,” says Tarak Mehta, distinguished Gujarati humour writer and playwright. His clean image also worked wonders for him. “The remarkable personal honesty and integrity displayed by Modi as an incorruptible politician has been one of the major factors for his high popularity ratings,” adds Suhrud.

But let’s not digress too much from the development debate. Let’s rate the economic report card of Gujarat during Modi’s tenure as the CM. On the face of it, it can be argued that Gujarat has continued its growth momentum in the past decade or so. The growth in state domestic product is remarkable. Newer employment opportunities have been generated and poverty levels have gone down dramatically in urban areas. Moreover, his corporate-style of governance – doesn’t it remind you of the former CM of Andhra Pradesh, Chandrababu naidu, who was possibly the first CEO-politician in the country – and the steps he took to abolish middlemen made non-resident Gujaratis quite happy. It was the NRGs who flooded the state with huge investments.

Modi has also done a great job with the state-sponsored project, Jyotigram, which aims to provide 24-hour electricity to all homes in the state. The same is true for the much-talked-about Sujlam Suflam project. Nevertheless, there are still several economic and social indicators, where Gujarat does not seem to have performed satisfactorily. “As far as overall development in the state is concerned, yes, Gujarat has developed. But if you talk about the trickle-down effect, it is missing completely,” says Indira Hirawe, noted Gujarati economist, and Director of the Centre for Development Alternatives.

According to data provided by the National Family Health Survey and other central agencies, Gujarat doesn’t fare too well. “Gujarat has done horribly bad on HDI parameters. Gross enrolment ratio is among the worst and dropout rate is high. On the employment front, it has increased slightly, but the quality of employment has deteriorated. Most of the employment generated are of casual contractual type,” explains Hirway.
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IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Sunday, August 24, 2008

Mis (deals)!

Preparedness is paramount

The Defence Minister says, that military interaction with the US should not impact the long standing ties with Russia. The Naval Chief Admiral Sureesh Mehta sings a different note, when he says that Russia’s dilly-dallying over the aircraft carrier Admiral Gorshkov price would almost force India to “ponder where our defence relations are going to’’ with Moscow. All this confusion among the policy makers has been caused by the Russia hiking up the price to refurbish the carrier by staggering $1.2 billion. The 44,570-tonne Gorshkov, was slated to fly the Indian naval ensign by August 2008 as per the $1.5-billion package deal signed in January 2004. This sudden announcement by Russia to increase the rates & to push back the delivery to 2012-13, has in fact, put paid to the naval plans to have a robust blue-water force. And this has led many in the naval circles to look Westwards to fulfill the need. “The American nuclear powered carrier, Kitty Hawk, is likely to be available shortly, India should start looking elsewhere if the Russians are acting tough,” Commodore (retd.) G. Sharma, the MD with Northman Grumman India told B&E.

The politicians & the navy cannot hum different notes at such a crucial juncture in the nation’s history, when it is in the process of making a paradigm shift in its foreign & defence policy.

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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ZEE BUSINESS BEST B SCHOOL SURVEY
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IIPM in Financial times (Print Version)
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Saturday, August 23, 2008

King carries on

Putin’s victory is a lesson
The incredible response of the Russian electorate in the election to the Duma vindicates the sheer support that Vladimir Putin and his United Russia party enjoys among the common Russians. United Russia eventually ended up with garnering more than 64% of the popular vote. It was also the harbinger of the fact that not just Putin himself but Russia also wants Putin and his pragmatic policies to continue even when he steps down from the post of President. And no wonder incidents have started taking shape on the same lines only. With the announcement of Dmitry Medvedev as his successor, Putin has just made sure of that. It is nobody’s guess as to who would continue to rule Russia from the shadow. And for good perhaps. With Medvedev urging Putin to become the Prime Minster it only makes that proxy rule more prominent. Nevertheless, Putin’s style of no nonsense approach towards rebuilding a decaying society proves that even today if one remains sincere towards the right kind of governance one can become extremely popular. For us it is a lesson that one need not be a populist in approach to beat the anti- incumbency factor. Well Putin just showed that with a resurgent Russia back on track and ready for more of his doses.

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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ZEE BUSINESS BEST B SCHOOL SURVEY
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IIPM in Financial times (Print Version)
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Friday, August 22, 2008

The Manager & The Economist

India’s PM has earned his glory; Pakistan ex-PM’s reforms are being debated. By Shahid Husain
However, there was a major difference. Economists point out that there was no significant divergence between the policies pursued by Aziz, and the FMs in the earlier regimes. They agree that the distinction lay in the “effectiveness of implementation.” In contrast, Singh was hailed as the new messiah of globalisation by the middle class.

Later, Aziz claimed that after the initial period, Pakistan’s economy became buoyant. Economists said that regulations in the financial sector did ease, and the relationship between the Central Bank – State Bank of Pakistan (SBP) and other banks became cordial. The latter situation changed after the SBP was headed by Ishrat Husain, although banks should ideally be regulated by the Central Bank.

As 9/11 stunned America, Musharraf ditched Afghanistan’s Taliban and became a faithful ally of the Bush administration. This helped in easing global pressures on Pakistan. It led to a wave of capital inflows, and Aziz took the credit for it. Pakistan sent strong signals to the US and others that it was pursuing ‘responsible management’ initiatives, and succeeded in wooing foreign investors.

Many contend that this happened because America wanted to help Pakistan. Yet another factor that aided the inflows was due to the rise in global oil prices in 2003, which forced Middle East investors to seek new geographies where they could invest in. Fortunately, they also chose Pakistan. Post 2003, Pakistan boosted public investment and this spurred growth. But this had happened in the past and does not point to any miracle by Aziz and his colleagues.

The capital inflows resulted in a consumer-spending boom. It led to huge investments in real estate and stock market. Aziz boasted that the growing sales of bikes, mobiles and other gadgets indicated prosperity of the middle and lower-middle classes. Critics think that all emerging markets gained from global inflows, which led to a rise in domestic prices of food products, and materialistic consumerism is a global phenomenon, not unique to Pakistan.


Now that Aziz is out, the challenges before Pakistan include the 7% unemployment rate leading to a fear of lack of jobs, a dissatisfied intelligentsia, the possible impact of the downturn in the US economy, and the manner in which public assets are being sold to reduce deficit. One reason behind the ousting of Chief Justice Iftikhar Muhammad Chaudhry was his undoing of the privatisation of Pakistan Steel Mills at throwaway prices, a step taken on behalf of Aziz.

Ironically, Aziz’s achievements and criticisms remind us of Singh, who is facing similar pressures. No doubt, the two have earned their place in history as leaders upon whom greatness was probably thrust. Yet, they will share one common link – both owe their office to some one else. For Singh, it is Narashima Rao and Sonia Gandhi. For Aziz, it is Musharraf. Thereby hangs the tale of two neighbours, and the paths they have chosen.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
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Thursday, August 21, 2008

Wide variety of assignments

Khattar had come to Maruti six years earlier as Director (Marketing) after an eventful innings of 28 years with the IAS in which he had handled a wide variety of assignments. He had headed a marketing assignment with the Tea Board. Earlier, he had turned around the UP Transport Corporation, where instead of retrenching the surplus staff, he added more vehicles. Before that he took the UP Cement Corporation to profits after 19 years in the red. As a young District Collector and Magistrate, he had worked in rural development and disaster relief work in Chamoli district for which, his recommendation for a Padma Shri was set aside, only in view of his young age.

It was this versatility, perhaps, that was to now stand him in good stead in 2000. Maruti workers who had been pampered with numerous sops, after the Bhaskarudu period, were reluctant to accept a productivity-linked bonus scheme to raise product quality and efficiency. The workers wanted a lot more but Maruti stood firm and production limped along with managers doing the work of workers on the shop floor. After 90 days, the workers’ unions relented and the workers were encouraged to see the benefits of prosperity through productivity. Maruti estimates that it had gained 50% increase in productivity within a year.

In 2003, with production stabilised & market in good shape, Maruti decided to embark on a huge public issue despite a depressed capital market. There were many skeptics about this big IPO and the investment banking biggies like Merrill Lynch & Morgan Stanley, and domestic institutions like Life Insurance Corporation were not impressed. But Khattar headed a team promoting the issue on exhausting road shows to the financial capitals of the world. The issue was to sell a big slice of the government’s equity to the public. Maruti’s name was held in such high standing that the response far exceeded Khattar’s most wishful thinking. Perhaps, not so coincidentally, this IPO also marked the turning point in Indian investor confidence.

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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ZEE BUSINESS BEST B SCHOOL SURVEY
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IIPM in Financial times (Print Version)
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Wednesday, August 20, 2008

Beyond ‘simple’ boundaries

Change for Google is more of a business obligation than a matter of discretion… Adieu to simplicity!
Larry Page, the 34-year old Google Inc. co-founder has found his better half and is all set to exchange wedding vows next month. So did he use Google search for this too? Well, sounds like a joke but when you run a global search engine with a market share of 58.5% (as per Comscore), the question is not worth nothing. Strangely, even today when everything about this monstrous $211.7 billion worth online giant seems to have changed dramatically; right from its annual revenues – which have shot-up by a teeth-rattling 3,676.77% during the past five years to $16.58 billion in 2007 – to its offerings, the truth is that its ‘child-like simplicity’ (which shows everywhere from its homepage to its engineering team structure) has only started showing some change of late. And going by the fact that Google’s share prices are at all-time high of $747.24 on November 7, 2007 (an appreciation of 779.11% in the past three years) and is estimated to touch $900, as per Credit Suisse, this ‘slow’ change surely seems to working well for Google Inc.

It’s been over a year since the landmark acquisition of YouTube on October 9, 2006 for $1.65 billion, which gave Google an entry into the world of online video-streaming and made for rave reviews. The next big leap could be judged from the recent revelation that Google was working with 33 companies to build mobile phone software to come out with free wireless internet (called the ‘Gphone’). Surely, with global revenues from mobile phone ads accounting for $2.17 billion in 2007 (as per Informa Plc.), the move to hop onto the mobile platform sounds rational as David Eun, VP, Google, asserts, “As more and more users are using mobile devices to get information, we want to be there. We’re trying to give people a YouTube experience on the mobile platform.” The tech giant is also mulling over a $4 billion bid for about 700 MHz of spectrum in the US to get into the TV space. Google’s latest initiatives are only preordained to give further impulsion to its revenue model, which helped it earn $11.66 billion for the first three quarters of 2007, as Eric Schmidt, CEO, Google, asserts, “We are creating a wider ads system through our focus on innovation....”

These alternate routes also shield Google from unpredictable times, especially in the face of challenges from regional search engines like Naver (South Korea), Quintura (France) et al. Sure enough, a year after YouTube, Google stands a stronger, meaner machine with $12 billion cash-at-hand & with its engineers battling it out to take the 2nd generation search engine beyond, its simplicity is being flushed-off for good. So to answer the question, did Larry ‘Google’ it? Well, who cares... so long as he’s changing his simply ‘single’ status too!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
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IIPM makes business education truly global-Education-The Times of ...
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Tuesday, August 19, 2008

Softly suicidal

Can we Indians afford a soft and timid state any longer?

Chomping on a burger, laced liberally with ketchup, Richard D’ Aveni looked a corpulent sight, a few years ago in a five star coffee shop. A tenure professor of Dartmouth College and a conservative to the core, Richard could make you wince with dismay while holding forth on how America must ruthlessly project its power – even at the cost of “collateral damage”. The now famous Thomas Friedman book about the flat world and the Goldman Sachs report on the BRIC economies had already been published and Richard was on a long journey of discovery into the ‘next big boy of the global arena’. I didn’t agree with most of what Richard said; but one statement of his still resonates when I pick up a newspaper or watch a so called erudite TV show. Taking a huge swig of Coke, Richard had witheringly remarked that Indian policy makers must change their negative and timid mindset. “Do you want to forever remain the Mexico of China? were his words that still haunt me.

As Prime Minister Manmohan Singh made a token flying visit to a recent meet of East Asian economic powerhouses to fly on again some place else, Richard’s ‘Mexico’ warning kept coming back to my mind. The simple brutal fact is that India is on verge of losing the eco, energy and geo-strategic war against China. Even though Indian policy makers bend over backwards to please the military junta in Myanmar – lucrative oil & gas exploration rights and access to strategic ports is given to China. Even as Left leaders and ‘progressives’ of all hues pursue more and more minority appeasement, Iran simply throws India out of a pipeline deal with Pakistan. And as mentioned earlier in the column, even the famed lobbying skills of the richest Indian in the world Lakshmi Mittal couldn’t help India beat China in gaining access to oil and gas fields in central Asia.

In various set ups like ASEAN and APEC that represent the most dynamic economies of the world, the Indian presence is barely tolerated as a guest without a voice while China has since long secured a seat on the high table. India still struggls with a flawed free trade agreement with Thailand, China has already become the largest trading partner of east Asia. The day is not far off when it challenges the United States in the region. Modern nation states earn the respect of peers on two counts – grudgingly because of military power and reluctantly because of the ruthless use of economic power. On both the counts, Indian policy makers have so far exhibited unbelievable timidity. Or have they made up their minds that India will become to China in the 21st century what Mexico is to the United States?
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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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ZEE BUSINESS BEST B SCHOOL SURVEY
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IIPM in Financial times (Print Version)
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IIPM makes business education truly global-Education-The Times of ...
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IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
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IIPM ranked No1 B-School in India :: Education, Careers ...
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Monday, August 18, 2008

Time-please...

all that they don’t have, is time
The fundamental idea of maintaining a lively, accountable and fruitful Parliament as a central body, is to nurture democracy. Since last few years, the Indian Parliament has been more in the news for needless controversies. Since its inception in 1952, the Lok Sabha sat for over 100 days every year. But since 1988, the Lok Sabha sittings have dropped down to about 80 days a year. As if this decrease was not enough, from the year 2003, the Lok Sabha sat merely for 74 days in a year. Studies reveal that, there were merely 53 sessions in 2004, 85 sittings in 2005 and 77 sittings in 2006, and this year i.e. 2007, just 49 sittings have taken place. Ironically, there essentially hasn’t been improvement in proceedings even after the ascent in the number of educated members in Parliament. Often the educated and the suave do not turn-up for sessions and if they do, their contribution remains minimal. The current winter session of Parliament is also a short one. The government is planning to wrap it up by November 30, 2007 under one pretext or the other. For all the big talks of the aam admi, it is unfortunate that when it comes to debate about their well being, the Parliament finds it difficult to spare time. If it costs about Rs.26,000 per minute to run Parliament, one can gauge the loss that is incurred due to abrupt closing of sessions. Well, if they don’t want, let them not go there to debate. How about using this money to give fodder and shelter to the hungry and homeless instead? Isn’t that better democracy?

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Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
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IIPM Campus

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IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
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IIPM Ranked No1 B-School in India
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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Thursday, August 14, 2008

3G project in south-eastern India

Telecom giant Ericsson has started a 3G project in south-eastern India, which enables the community to access e-learning, and online local information that makes a big difference to people’s lives. There are many grassroots health workers, who are comfortably using hand-held computers for storing medical data and information. And there are students in rural areas of Madhya Pradesh, who learn via TV that makes use of EduSat (Education Satellite). “An internet and a dish connection in high schools connected to EduSat facility enables the students to collect information on the subject of their choice, or talk to experts in the related field while sitting in their schools,” says Reddy.

If e-learning is making a difference, mobile technologies are also chipping in. “ZMQ Software developed an edu-tainment package on health & HIV/AIDS awareness in English, Hindi & Marathi in collaboration with Johns Hopkins University & USAID,” says Hilmi Quraishi, Chief Learning Technologist & Co-Founder, ZMQ. Nasscom Foundation has introduced this package in 100 village knowledge centres. There is a package, developed by ZMQ, DFID & Plan on HIV/AIDS awareness in Kannada, Telugu & Hindi. CKS is exploring scenarios whereby rural schools could use multimedia mobile devices to enhance in-class learnings. “They could use a camera phone to document the environment and create a local encyclopaedia,” said Aditya Dev Sood, Founder, CKS. The route to such development has had its fair share of impediments. States Sinha, “Implementing new technology faces resistance from people.” But then, no one can stop technology forever. Sooner than later, everyone has no option but to live with it.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Wednesday, August 13, 2008

COMMUNICATION GETS RICHER

Welcome to the new world of Prada, Armani, Gphone & Android

It’s the era when mobile phones describe your style statement: serious, funky or sophisticated – take your pick. Everyone wants the latest & the best. And ironically, this is one segment where the latest and best seems to change almost every passing day. In 2007, we witnessed the launch of the second generation of Razr, additions in the N and E series of Nokia & the Walkman range from Sony Ericsson.

As widely touted throughout this year, Apple iPhone (retailing at $400-600) counts as the most anticipated launch for Indians in the year 2008. The phone, with its unique full touchscreen function & enhanced browsing capabilities should be a hit, especially among die hard iPod fans. The Korean rivals LG & Samsung are expected to continue their head to head battle with the stylish Prada ($420-507) & Armani (to be launched) respectively. Another hot contender for the wow factor next year is the GPhone. Unlike all speculations around it, Gphone is not one phone, rather a technology called Android that will be the foundation for many new phones and will create an entirely new mobile experience for users, with new applications and new capabilities we can’t imagine today. A Google spokesperson said, “Android is the first truly open & comprehensive platform for mobile devices. It includes an operating system, user-interface & applications – all the software to run a mobile phone, but without the proprietary obstacles that have hindered mobile innovation.” Gphone would be in the market in the latter half of 2008.

Where there is expected to be so much action from the players who are not even currently in the action scene, the existing players are also gearing up to brace 2008 and the competition as well. Sony Ericsson, UK head of marketing, David Hilton said, “We’re going to eventually see Sony Ericsson Walkman handsets offer consumers a little more to the point where we’ll even be able to watch the music video to the song we’re listening to on the handset.” Also in the pipeline from Sony Ericsson’s stable are phones like budget W380i, mid-range W890i handsets in the walkman series and K660i in the camera range.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, August 12, 2008

Debt Medium Term

Birla Sun Life Mutual Fund seem to have mastered the art of investing under the category. The top two schemes under the category belongs to this fund house. While the average one year return from the category is 7.12%, the top two schemes from Birla Sun Life MF have delivered 13.36% and 12.28% respectively.


None of the schemes falling under the category have offered negative returns in the last one year. While the lowest return remained at 0.15%, the maximum was at 10.15%, delivered by HDFC HI Short-term growth fund. However, the average return for the category is close to the upper limit at 8.83%.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Monday, August 11, 2008

Conservative Path

But critically, wasn’t it the Tatas who diversified at the right time, while the likes of the Wadia and Godrej families had openly taken the conservative path? “Agreed that Godrej didn’t change with time, but like other big business houses, we never went through a major downfall,” avers Phiroze D. Lam, Executive Director & President, Godrej & Boyce Mfg Co Ltd.

To Godrej’s credit, the first diversification that came from the door of Godrej was as far back as in the year 1918, when the company decided to venture into the soap industry [Interestingly, Mahatma Gandhi’s ‘swadeshi’ movement made many freedom fighters endorse the ‘desi’ soap]. But since then, the basic premise and the business model of the company have more or less remained the same. Yes, the 90s did have Godrej jumping into an on-now off-now alliance with top class companies like GE. But like we mentioned earlier, Godrej, in the last few weeks, has seen more radical transformation than it had in the past ten decades.

And leading this transformation, is the most recent and much talked about logo colour change (from a staid red previously to multiple colours now: pink, blue, green). But why was the logo design left intact per se? Namita Chhetri, President, Indian Council for Market Research, shared with us, “The brand Godrej realistically had not been positioned till now as a youthful brand; rather, it has been a trusted brand of the older generation.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Friday, August 08, 2008

Here come the show stopper’s!

TV campaigns, print ads, billboards, direct mail, you name the media vehicle, and you’ll find that Shopper’s Stop had latched on to it to promote their recent change in brand identity. What’s more? The retail giant has spent an unbelievable Rs.200 million on just the logo change of Shopper’s Stop. So even the poly-bags that you carry with the goodies from Shopper’s Stop sport the new logo. The in-the face campaign has left many wondering what was the need to use such extravagant steps and that too for just a logo change. Well, what most of us don’t know is that the logo change is just a miniscule first step to the massive restructuring exercise that the retail group is planning. Surely in the months to come the Rs.10 billion Shopper’s Stop will ramp up its act and announce more promotional activities and ad campaigns.

Shopper’s Stop started way back in 1991. However, lack of funds, which forced the company to adopt a black & white (B&W) logo, in fact did wonders to the retailers’ brand image. States Raj Nair, VP & ECD, Contract Advertising, “By using the B&W imagery we were in step with trends being employed in fashion advertising the world over. B&W imagery lends a high fashion quotient, sophisticated, cutting edge international imagery. The B&W execution has further helped the work stand out and embellished the cause.” The B&W logo was accepted well with the consumers and catapulted Shopper’s Stop to the league of a niche player in the Indian retail sector. Plus the company’s presence in the metros added oodles of class to the brand. “In a business specially like ours, which deals with fashion & lifestyle, it becomes necessary that the ads convey how we (Shopper’s Stop) can make a customer look more elegant. At the same time its necessary to make people understand the stylish side of life,” explains Govind Shrikhande, CCA & CEO, Shopper’s Stop.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Labels: , , , , , , , , , , ,


Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Japanese Maruti and indian suzuki?

From a high of above 90%, Maruti’s market shares are now down to the mid 40s. Is Suzuki focused more on making Maruti a globally selling company? Has Suzuki decided to relegate the ‘Maruti’ brand – and India sales – to a second tier? In the rarest inside scoop, Karan Meherishi of 4Ps B&M meets all top brass at Maruti for a spectacular analysis...

I fathomed it immediately. Evidently, a conceited, arrogant feeling welcomes you at the Maruti Suzuki office in New Delhi as soon as you enter their premises. Were they trying to forcefully portray a nuance generally associated with their professed invincibility and confidence? That, I couldn’t quite a lay a hand on; but I could say this that the ambience of the office, even though copied hook, line and sinker out of the sets of ‘That 70s Show’ (don’t bother if you’ve not seen it) was as straight in your face as Groucho Marx spouting, “Take it or leave it!” Well, I’ve seen the competition (I mean their offices). Modest, agreeable, comforting? Surely! Explicitly overpowering? Umm, no!

Amused and ‘curiouser’ like Alice from these subtle – and obviously useless – differences in wonderland, I gatecrash into a meeting with Mayank Pareek, Executive Officer, Maruti Suzuki. Mayank is right there at the top of Maruti, fourth in line after R. C. Bhargava (Chairman), S. Nakanishi (MD & CEO) and S. Oishi (Director, Marketing). Pleasantries aside, I jump directly to ‘the’ question, “Mayank, aren’t you threatened by your competition’s strides in your way?” His answer was definitely a shot from the hip, “Last year in 2007-08, we gained by about 1%, Tata lost by 5% and Hyundai lost by 1%. Our share is more than the sum total of all put together [well, almost: Ed]. So what strides are you really talking about? In the A2 segment, everybody is there and our market share is 62%. We can’t be more competitive than that or can we?” Uhh... Did I start with a wrong question?

Despite my undercurrent of disapproval, it is a fact that Maruti’s Rocky Balboa-in-your-face superiority complex seems to be completely and rightfully earned. Visibly, there is obviously a timeline between the two top selling models of Maruti, the radical SX4/Swift and the 800. The timeline not only represents an epoch of automotive evolution but also a legacy that defines a great consumer-manufacturer relationship. Maruti Suzuki has been in existence for two and a half decades, subsequently earning a rock solid reputation and market goodwill few can match. With a market share hovering close to 47%, Maruti has been the undisputed leader of the Indian auto manufacturing fraternity for eons now. However, the entry of South Korean major Hyundai and home grown Tata Motors is clearly mounting pressure on Maruti; and hostilities are now more pronounced than ever. I knew that my argument could be considered dismissive, but the question is a hitting one, “Will Maruti continue its utter dominance of the Indian market in the near future? Or will the forces of competition pre-emptively catch up with this behemoth?” Like the ad nauseum debate on ESPN whether Federer or Sampras is the greatest tennis player of all times, my question was directly oriented at how well were Maruti’s brands (statistics aside) emotionally targeted at different segments; and my investigations had just started...

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Labels: , , , , , , , , , , ,


Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

Tuesday, August 05, 2008