Inside the env‘iron’ment curtain

Chinese banks finance projects caring two hoots for environment
While Chinese banks have now literally got immune to the condemnation and slamming by global environment activists for financing environmentally perilous and conflict-ridden projects at home and outside the country, what may hurt them financially is that their poor environmental financing standards are now affecting their competitive advantage. A recent report published by the leading international NGO, Bank Track, reveals that only two out of top ten banks, China Development Bank (CDB) and Export and Import Bank of China (Chexim) have a semblance of transparency in environmental policies.

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Source : IIPM Editorial, 2007

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

Videocon in China Town!

Contributing to the surging bilateral trade between India and China would be the domestic consumer durable major, Videocon, which has inked a deal with China Council for Promotion of International Trade (CCPIT) for setting up a LCD manufacturing unit at Shenzen, China, The amount of investment required for the same is $1.5 billion. While 50% of the production would be for domestic consumption, the rest would be for exports. The technology for production of LCD would come from the company’s R&D centre in Japan in order to lessen production costs and bring it down to more competitive levels.

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Source : IIPM Editorial, 2007

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

Springtel’s age bother!

Sprint Nextel has decided to cough up $57 million as a settlement towards an age discrimination case. The case had been filed against the wireless company by its laid off workers. It stated Sprint Nextel had first shift ed all the employees above 40 years to certain positions, which were later scrapped in lieu of downsizing. As per the settlement, the company would pay the eleven lead plaintiff s an average of $155,000 each. The attorneys of the plaintiff s would get $19.4 million as fees and also $1.65 million as coverage expenses for settlement confirmation. The remaining $34.3 million would be divided between the remaining 1,686 plaintiff s.

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Source : IIPM Editorial, 2007

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

Microcosms miraculeux?

Structures that inspire and not just awe, geometries that evoke a sense of responsibility ,angles that display an optimistic face of the state of affairs. These buildings are more than just brick and mortar and detail yet another facet of human imagination, which when laden with a sense of responsibility, can create tangible magnificence. We present constructions, that have truly attempted at building a better tomorrow...

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Source : IIPM Editorial, 2007

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

PLUNDERS even humans are not spared

Horrors from Howrah
The second-largest city of West Bengal, Howrah, which found a regular place on the silver screen for its beauty, is now diseased by the ever-increasing industrial pollution. The B&E team started its journey from Shibpur and South Howrah to check how pollution has reduced the serenity to shambles...

And today, the sight is worse than ugly and the smell simply unbearable! Launch & Steamer repairing & assembling centres, soda factory, scrap iron factories and store houses are aplenty. The sewerage line that is connected to the river shovels all the waste directly into the river Hooghly. A long time Howrah resident Ashok Das while pointing to a nearby factory, expresses his disgust and helplessness as, “Soda is boiled and even its loading & unloading, is done in the premises.

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Source : IIPM Editorial, 2007

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

Kareena plays the good citizen!

On the green carpet
Icons of the masses, with an unparalleled ambit of influence; here are some stars, who are truly putting in their bit to save the world...

Kareena plays the good citizen!
Our very own Bebo too decided to play a role in this ‘save the world’ business and lead the way for a lot of fellow celebs, when in 2005 she signed an agreement with Citizen Watches to push its Eco- Drive collection. The batteries said to work on indoor and outdoor light throughout its lifetime comes with a 3-year warranty and Bebo’s very own approval. While a majority of the Indian stars are involved in varied causes, the plight of the planet seems to have escaped most, leaving Kareena Kapoor to become one of the few who are kick-starting the eco-friendly drive in India.

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Source : IIPM Editorial, 2007

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

ITC HOTELS

A spill over of too much diversification by ITC Group? Bingo!!!
From tobacco to grandeur, ITC is one company that has done the transition in style and their Welcom- Group hotels is a glaring example. Such is the brand power of ITC hotels that first, it was successful in getting the Starwood brand to India via a franchise agreement three decades ago and has recently entered into an exclusive tie-up with Starwood to being their premium brand, the ‘Luxury Collection’ to India. However, the brand ITC WelcomGroup has nevertheless slipped down in the 4Ps B&M rankings to occupy 99th rank (down by 21 mammoth points).

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Source : IIPM Editorial, 2007

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

LEVI’S

Levi’tating to past glory? Or revving it up in the Indian market...
Yes, yes, we know, John Abraham is the first Asian model for Levi’s, and having Shah Rukh and Bipasha endorsing the brand only adds to its Indian charisma and appeal. But if we were to tell you that the Levi Strauss pair of jeans was created by a Bavarian with the same name in 1853, would you believe us? Well, whether you believe it or not, the US patent he received in 1873 for blue jeans has stood the test of time… well almost, let alone the drop in revenues recently despite a restructuring exercise.

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Source : IIPM Editorial, 2007

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

TITAN

The charm dimmed and even the titanic image of stars couldn’t fight the global stalwarts...
Churning over 7 million watches every year and having over 65 million customers, it was no big surprise that Titan finished sixth in the list of world’s largest watch manufacturers. Right from the time it overtook HMT, the then-well-established watch brand till today when it has entered the premium segment (by acquired license for brands like Tommy Hilfiger), Titan from the Tata stable has carved a niche for itself in India. Through its unique pricing strategy and sub-brands like Edge, Sonata, Nebula, Raga, FastTrack, et al, Titan has catered to almost every segment of the market. And the watch major has even successfully diversified into the jewellery and eye gear segments through Tanishq and Fast Track.

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Source : IIPM Editorial, 2007

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