RELIANCE INDUSTRIES

Mukesh Ambani has his fingers in many pies, but presently they all taste yummy!
You can call him a ‘maverick’, for he strays too far away from conventional wisdom, but chances are that the larger-than-life Mukesh Ambani will simply ignore you, as he charts future successes for Reliance Industries. Be it his foray into the petrochemicals, exploration or organized retail, with every step Mukesh Ambani reiterates his ambition to dominate. “Our integrated and globally competitive portfolio continues to help RIL de-risk its business model and deliver superior operating performance,” avers the senior Ambani. Yet, market watchers have apprehensions regarding his bull run. Analyst Raj Gandhi of UTI warns: “The execution of these many projects might become a headache for Reliance in the long term.” Analysts may cry themselves hoarse, but with a record turnover of $25 billion for year ended March 31, 2007, Reliance Industries will be dictating the trends of the industry.

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Source : IIPM Editorial, 2007

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

THE GLOSSARY AND OVERALL RANKS

Image & Perception: This parameter implies the perceived identity of a brand amidst consumers based on their marketing initiatives and delivery on promised commitments, on which, consumers form a mental image of a brand in their minds, which may or may not be real.

Brand Awareness: This has little to do with advertising strategies deployed, but instead, is more of a consumer response to a well thought-out marketing campaign, including below the line activities, individual brand endorsers, communication contributing to brand information and positive consumer disposition.

Brand Loyalty: When the consumer is tempted enough to stick to just a particular brand, out of a feeling of commitment or need towards that monicker, he is displaying brand loyalty.

Brand Association: Association refers to that aspect of a brand’s marketing cycle wherein the brand reaches such a stage that it becomes synonymous with that product category. So when a brand is inadvertently associated with any value, personality or attribute, it denotes a brand association.

Brand Performance: Unlike last year, this year the brand performance rating is based on the consumer’s perception of the performance of a brand. The respondents were asked to take into account distribution, network, word of mouth publicity, ad campaigns, promotional activities and overall marketing initiatives undertaken by the brands vis-à-vis competitors.

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Source : IIPM Editorial, 2007

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

Tête et main de femme – 575,971,232 INR - 740,522,888 INR

DesirÉE
Pablo Picasso. The name is enough to sell any art on Earth. Still, we attempt to explain the genius of the man who was a raving misogynist, social butterfly y and yet an astounding artist whose brush recreated the stark realities exceptionally. This painting depicts the genius's first wife, Olga Khokhlova who gave birth to his son Paulo. What's interesting to note about this painting is the hand that is almost disproportionate and creates a mystery whether it is hers or infant Paulo’s sitting in her lap and reaching out. A piece of mystery for your drawing room, enough to keep your guests intrigued

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Source : IIPM Editorial, 2007

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

Retail Advances

For ICICI Bank, retail advances have grown by 39% to Rs.1.28 billion, which is lesser than the 64% yoy growth in FY06 and 50% growth in Q3 FY07. Retail advances of HDFC Bank grew by 79.7% for FY06, as compared to 33.4% growth for FY07. Even public sector banks, such as Canara Bank reported 24% growth in advances to Rs.985 billion, which is a signify cantly lower compared to 31.5% growth in FY06 and 28.6% growth in Q3 FY07. This is what M. B. N. Rao, CMD, Canara Bank told B&E when asked about the slowdown: “After three successive years of high growth in credit, resource management has posed a formidable challenge for the banking industry. Monetary tightening and competitive pressures did have an influence on banks’ ability to raise resources in a cost effective manner.”

Since the composition of retail loans was more in total advances, a small twist in retail loans also twisted the bottom lines of many banks. ICICI and SBI happen to be classic examples. And as expected, banks with more exposure to retail banking missed analyst expectations the most. Besides, net NPA ratio of ICICI bank increased to 0.98 as on March 31, 2007, as compared to 0.71 a year ago. O. P. Bhatt, Chairman, SBI, too confirmed the defaults, even before announcing results (so that markets would factor this in before making any kind of expectations).

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Source : IIPM Editorial, 2007

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

The trigger heads!

Formed one year after the Indian nuclear tests of 1974, the Nuclear Suppliers Group (NSG) is a multinational body which aims to check nuclear proliferation in the world. Its task includes monitoring and controlling the ‘export and re-transfer of materials that may be applicable to nuclear weapon development’. The group grants to nation, the right to import/export nuclear material, but only for peaceful purposes. The group is composed of 45 nations including France, Japan, Germany, Canada, Australia, Brazil. The Indo-US civilian nuclear deal (as and when it is signed) will have to be ratified, before the nuclear shipment from the US can commence its journey towards India.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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