Islam and Christianity have enough to worry about; God is the least

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When Benedict XVI became the Pope, interesting times were predicted. He isn’t letting us down either: With a million things to worry about, he chose to refer to the 14th century Byzantine emperor Manuel II Paleologus during his speech at the University of Regensburg in Germany. Former Cardinal Ratzinger, the Pope, quoted Paleologus’s conversation where he had called the teachings of Prophet Mohammad as “evil and inhuman.” Predictably, the Muslim world didn’t let us down either. They protested like they were looking for a chance to. What is of interest is that the highest of- fice at the Vatican chose to use such words at a time of intense conflict and suspicion between the West and the Islamic world.

For centuries, the Roman Catholic Church has had a significant authority over the lives and actions of Christians. Before Renaissance, the church imposed its authority over almost everything a Christian did. It is this influence and the subsequent fear of loss that seems to be pushing the successors of the Holy Roman Empire to stimulate and administer the crusades against its old-new rival – Islam.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

B&E this fortnight

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World’s largest hyper market chain Wal-Mart has come up with a business strategy that has shook the American generic drug market. The company has announced that it will offer over 300 most frequently used generic drugs at an unbelievable $4 (almost a fourth of previous market prices). Under the new pricing strategy various generic drugs which were oft en out of the purchasing purlieu of many Americans, will be amazingly within reach. Drugs that are a part of the new plan include cholesterol, blood pressure, vitamins and diabetes drugs among others. According to Wal-Mart these prices will benefit pensioners and senior citizens the most, as their total cost allocation for prescription drugs will subsequently come down. Wal-Mart benefits from economies of scale because of its large scale operations and its bulk purchases, which substantially reduces cost, ultimately benefiting the end consumer. The scheme is currently for the Florida State, but if successful, the company plans to extend it to other states as well by 2007.

Wall’ing high costs
In another instance of consumer welfare, Wal-Mart is also experimenting with eco-friendly packaging and had last year partnered with Nature-Works for corn-based plastic packaging techniques instead of petroleum-based, for perishable food items like fruits and sprouts. This year the retailer wants to make its stores 25% more energy efficient and reduce solid wastes by 25% as well. In this regard the company has initiated 13 value networks with one of them solely focusing on packaging parameters. Looks like business is no longer driven by profits, capitalist societies expect something in return of consumerism from large corporations working amidst them.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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Yes it does, for Indian agriculture sector has proved the old saying...

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Since independence, Indian fertilizer industry has grown manifold – much of the credit for which goes to initiatives like Green Revolution and Operation Flood. Not only have the imports of fertilizers witnessed a decline with India moving towards achieving self-sufficiency, but the manufacturers also have succeeded in making available quality fertilizers and other chemicals to farmers at competitive prices.

India has emerged as a major global player in this sector, helping the country earn the much important foreign exchange. As per FICCI figures, the volume of the Indian market in the chemical sector is approximately $30 billion. No doubt that most of the top companies in the agriculture sector in B&E Power 100 are the ones, which are into the business of manufacturing and marketing fertilizers, namely Rashtriya Chemical & Fertilizer Ltd, Chambal Fertilizers & Chemicals Ltd, etc. The other companies that have made it to the list include Monsanto India and Syngenta – leading bio-tech solution providers in the area of seeds. However, India still lags behind in food processing, one of the key global sectors.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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Paradox of the ‘patient’ paragon

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Just for records, Ranbaxy is consistently ranked among the world’s top ten global generic companies. Well, like we said, that was just for records. What you might not know is that this company’s net profits grew by a behemothic 70% in the quarter ending June 2006, and by a ponderous 20% when compared to the previous quarter. Coming back to records, having its headquarters in India, the company has revenues to the tune of $1.1 billion, thanks to its presence in some 125 countries. Established in the year 1961, over 76% of Ranbaxy’s revenues today come from its overseas operations, with the US market contributing a mammoth 28%. Ranbaxy is one of the first Indian generic companies, which has diversified into NDDR (new drug discovery research) and NCE (new chemical entities).

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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Downsizing for rightsizing profits!

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Intel made its plans public, to cut 10,500 jobs which accounts for upto 10% of its employee strength globally. The job cut that is to conclude by mid-2007 has been termed to be in accordance with a restructuring plan and is supposed to help bring down costs by a whopping $6 billion over a span of three years. The move will propel Intel’s profitability, taking it a step ahead of rival chip maker AMD. Intel hopes to save $1 billion this year, $2 billion in 2007 and $3 billion in 2008, through the move. Majority of the job cuts are likely to occur in management profiles, the chip maker’s marketing departments and various other IT related job areas. Around 5,000 jobs have already been cut at Intel.

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Bajaj sold a huge 306,826 units in the premium segment, beating HH

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Apart from this, Rajiv ruthlessly raided the 100cc segment with the aggressively priced Boxer, gave a stiff challenge to Hero Honda’s all time best seller Splendor, invaded the 125cc segment with bikes like Wind and Discover to uproot the dominance of Hero Honda’s Passion and created a niche for Bajaj in the 150cc and above segments with bikes like Pulsar DTSi and Avenger. As a result, today Bajaj has a much respected & well diversified portfolio of bikes that are taking the competition head on, literally.

The fact is that premium segment is the hot-spot for the marketers and to go with the tide, Bajaj is the unchallenged leader of this premium segment with its best selling bikes like Pulsar DTSi-150 & Pulsar DTSi- 1 8 0 . While Bajaj sold a whopping 306,826 units in the premium segment for the period April-August 2006 (as compared to Hero Honda’s 21,710 units).

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It’s raining stars...

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‘Catch them candid’ is the new mantra
We just can’t seem to get enough of our celebrities – how they eat, drink, talk, dance, laugh... and everything else, if possible! And if we were to take a look at the current surge in the count of celebrities currently in vogue in the Indian television sphere, it seems nothing short of a ‘stars rain down’ situation on the small screen!

Be it the opportunity of catching a well-known cinematic face grinning and singing on
Close-Up Antakshari or the usual sequence of star-gets-candid-and-cries in Rendezvous, film stars lead the pack of the charm-charade parade that entails some loyal viewership! Be it the famed Jeena Isi Ka Naam Hai on Zee Television or the demi-God of tinsel town Amitabh Bachchan ‘locking’ up prime-time with Kaun Banega Crorepati (and securing the numero uno spot for the television channel in the process), the magic of stardom seems to be getting more and more real by the day – now more than ever before.

In fact, today ordinary faces on reality shows are nothing more than a sheer wastage of resources; the masses demand more than just a superbly designed plot and delightfully delegated climax (if there’s anything like that!). Television show makers seem to have concluded that the case of Ks and saas and bahus do not cut much ice any longer. Neither do plain-Jane-turns-princess tales excite any more. Those are cases of been there, done that! To meet the soaring expectations of wilful television audiences, the trick is to get an SRK, Bachchan or even a Pooja Batra on-board!

Edit bureau: Pooja Priyadarshini

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