Capital issues..

IIPM Best MBA INSTITUTE

Wake up call for Delhi administration
The Delhi Human Development Report 2006 published by United Nations Development Program in collaboration with the Delhi Government puts up some startling facts. The state having a per capita income that is around 2.5 times the national average is also the state which has a housing shortage of 300,000 units. Around 38% of these households (barring the slums) consist of single room units! The report states that about 100,000 people are homeless in the city and the visible cornucopias of Delhi are only hiding the true picture.

The other disquieting trend that the report reveals is that Delhi contributes 24.4% of all crimes, 24.4% of rapes and 17.6% of dowry deaths in the country. According to the Public Perception Survey 2005, only 19% of the residents feel safe in the state and 90% feel public transport isn’t safe for women. That’s surprising for a state which gloats over a 55,000 strong police force. The report states that discrimination against women is rampant and Delhi with a sex ratio of 821 is lowest in the ranks. Furthermore, it reveals that inspite of having one of the best hospital networks in India (646 hospitals, 993 dispensaries, & 250 maternity homes), ‘health for all’ remains a distant dream. As the capital, Delhi significantly represents everything that’s wrong with India. One can only wish the authorities would wake up and take action.

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM News
IIPM MANAGEMENT INSTITUTE
IIPM : WHAT’S SECURITISATION?
About IIPM > Mission
IIPM Alliances
IIPM Admission > Application Details
IIPM Academics : Global Outreach Program

Movements

IIPM PUBLICATION
Rajeev Karwal (President and CEO of consumer durables, IT and telecom divisions of Reliance Retail) was one of the first high-profile hires of the Mukesh Ambani’s ambitious retail plans and he, interestingly, is also the first to put in his papers. The place of the ex-CEO of Electrolux India will be taken by Ajay Baijal, who was heading the channel business (wireless) at Anil-controlled Reliance Infocomm. The movement also marks the first top-level poaching between the businesses of two brothers.

• In the ad world, Sanjeev Gauba has joined Bates Enterprise as its Vice President after he quit Dentsu Communications seven months back. At Dentsu India, after the recent resignation of its two Executive Creative Directors, Sudip Bhattacharya (Creative Consultant, Dentsu Communications) and Rajat Basra (Associate Vice-President, Dentsu Media Palette) have also called it quits. While Bhattacharya is moving to M&C Saatchi as Creative Director, Basra is tight-lipped for the time being.

• Also, Aiyana Gunjan is joining Dentsu Marcom as Director, Strategic Planning. Arjun Mukherjee, who had resigned from Rediffusion DY&R, has joined Capital Advertising as its VP. Also, V. S. Rao has been elevated to the position of GM of R. K. Swamy, Hyderabad from the post of Associate Branch Director in Bangalore.

• While Vishal Chinchankar, who was earlier placed at Mindshare Interaction (India) as the Business Director has moved to MindShare Interaction, Singapore. Its CEO, Manpreet Singh, has decided to call it quits.

• As Neville Taraporewalla, ex-Yahoo! India Chief, takes over Connecturf as its MD, Yahoo! India has a new addition. Pete Deemer will join as the Chief Product Officer (R&D), Yahoo! India.

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM Students Life > Campus Placement
...IN FLESH AND BLOOD. THE GOD AND THE GODDESS, HERE...
Cadbury: Kuch Meetha Ho Jaye (IIPM Editorial)
Why IIPM’s Course is superior to other MBA/BBA Programme
IIPM RANKED AHEAD OF FIVE OF THE IIMS RATED AS ONE OF THE FASTEST ...
Time is changing for Time Warner...
More M&As expected in Indian IT, especially for mid-sized firms
If only muttering Vande Mataram could reduce poverty
I’m not looking where you think I am...
Is Communist leader calling Jyoti Basu the God, beginning of a trend?
Flying over to the land of the hula…

Mirror, mirror on the wall; can you choose between the two at all?!

IIPM PUBLICATION
Amidst a thunderous roar of applause and an assemblage of sirens from all across the country, there’s always a deserving dark horse who comes out trumps – the mistress of the glittering tiara! But when there happens to be more than just one powerful contender to possess that covetous crown, history is created… somewhat like one craft ed way back in 1994, when equal degrees of intelligence, poise, allure and confidence walked down the ramp; when the two mesmerising maidens stung glory with their elegance extraordinaire!

Grace knowing no bounds in our cultural ambassadors, the Scorpion duo of Sushmita Sen and Aishwarya Rai (November 19 and November 1 respectively) have landed many a conventionalist’s foot in the mouth who seconded “in youth and beauty, wisdom is but rare,” as remarked Alexander Pope. Where Ash stole away a million hearts and the Miss World crown at Suncity in 1994, looking the fl awless nymph that she is, the very dynamic Titu (as Sen is lovingly addressed) repeated the feat at Manila the same year, albeit for a different crown, and together redefined the eminence of beauty pageants for Indians altogether…

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM News
ABOUT IIPM
IIPM MANAGEMENT INSTITUTE
About IIPM > Mission
IIPM Links
IIPM Students Life > Campus Placement
IIPM Students Life > Campus Resources
IIPM Alliances
IIPM : WHAT’S SECURITISATION?
More about IIPM
IIPM Academics > Faculty
IIPM Academics : Global Outreach Program
IIPM Admission > Application Details
Education and E-Governance

QUALITY DOES NOT MATTER...

IIPM Best MBA INSTITUTE
In September 2006, the global rating agency Fitch gave a red-alert to the Indian banking sector concerning the escalations in the total loans being extended. This warning was a general fall-out of the huge rise in retail lending. Looking at the wonderful opportunities in this particular sector and considering it to be the sunrise sector for the economy, one could perhaps dismiss this particular report as a false prophecy. But then that’s not the end of the story.

On October 22, 2006, domestic rating firm CRISIL published its report on the credit ratings of various sectors in the Indian economy, which asserted that pressure on credit quality (a measure of creditworthiness denoting a bond issuer’s capacity to pay back the amount) is only on the rise and may deteriorate in the coming 18 months. G. V. Mani, Director, Rating Criteria & Product Development, CRISIL endorses, “Going forward, increased input prices, high capital expenditure and higher interest rates, are likely to accentuate the credit quality pressures on this sector.” Also, the rising interest rates have minimal chances of easing out in the near term. While on one hand, the Indian economists are going gaga over the developments in the manufacturing sector, it is this sector that carries the lowest credit rating, representing the greatest danger. According to this report, the Modified Credit Ratio (MCR which numerically represents credit rating) has dropped to 1.0 during April-September 2006 as compared to 1.05 during the corresponding period of the previous year. Traditionally, it was the farm sector that was on the top of the defaulters list of Indian banks (much of which can be attributed to priority lending to the farm sector) and did the early damage in late 1990s, when Non-Performing Assets (NPAs) of Indian banks were 15.7% of loans. But the CRISIL rating is related directly to quality depreciation in corporate lending, which should necessarily serve as a wake-up call for the Indian banking sector.

For Complete IIPM Article, Click on IIPM Article

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

Mis’management education!

IIPM PUBLICATION
One anomaly relates to the risible move of the IIMs in involving a third party like NIIT. Critics point out that it wasn’t long ago when premier institutions like IITs offered distance learning certificate programmes through questionable and shady outfits like CEP (in IIT Kharagpur), FITT (in IIT Delhi), and marketed them through a worse external outfit called ElNet-3L, which eventually turned out to be a completely fraudulent company, duping thousands of students and going bust consequently, ensuring a massive loss of face to the IITs. No doubt, the 25-year old NIIT’s name is much respected; but wasn’t it only around a year back that the much-hyped NIIT University, after negative court rulings, had gone into a limbo, and started operating in January 2006 under the new name of TNI from a ‘transit campus’ in Lajpat Nagar, a middle class residential locality in New Delhi?

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM Academics : Global Outreach Program
More about IIPM
IIPM Alliances
IIPM Admission > Application Details
IIPM Students Life > Campus Placement
Story About IIPM-The Indian Institute of Planning and Management
IIPM Academics > Faculty
...Or be ACC! India’s largest!
ABOUT IIPM
IIPM RANKED AHEAD OF FIVE OF THE IIMS RATED AS ONE...
IIPM Academics : Curriculum
Cadbury: Kuch Meetha Ho Jaye (IIPM Editorial)

Future doomed

IIPM Best MBA INSTITUTE

Faulty irrigation to blame
Though India has walked out from the humiliating PL-480 food credits of the 1950s, the food security of the country stands to be severely jeopardised if the elements of environment sustainability are not immediately incorporated into our agricultural practices. Faulty agricultural practices led by large scale canal irrigation is ruining the future of the country.

Large dams and canals were considered to be instrumental in bringing the Green revolution in the country. But Bhakhra Dam contributes only 12% and 15% of Punjab & Haryana’s agricultural productivity. Even that would have been satisfying but for the existence of about 449,000 hectares of waterlogged land and 687,000 hectares of salt-affected area in Punjab alone. If that was not enough, the unsustainable ground water mining has brought nearly the whole of Punjab under the danger zone. Researchers have argued that around 43-46 % of the total agricultural production for Punjab and 35% for Haryana, is based on unsustainably mined groundwater.

It is high time we realise that these socalled success stories have been sitting on brink of disaster. The sooner they switch to environmentally sustainable models, the better it would be.

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM Academics > Faculty
...Or be ACC! India’s largest!
ABOUT IIPM
IIPM RANKED AHEAD OF FIVE OF THE IIMS RATED AS ONE...
IIPM Academics : Curriculum
Cadbury: Kuch Meetha Ho Jaye (IIPM Editorial)
If only muttering Vande Mataram could reduce poverty
To the Highlands of Heaven!
Back in action with all new plans
Ms. ‘Write’ Woman
It’sa far better ‘car’ drive together
Why IIPM’s Course is superior to other MBA/BBA Programme
GE Money takeovers Thai bank Service with a SMILE!

...the truth is out (of) there…

IIPM PUBLICATION
False history gets made all day, any day; the truth of the new is never on the news, or so remarked Adrienne Rich, acclaimed American writer. And with the legendary John Le Carré’s latest offering, The Mission Song, come to light once again the unsightly elements of greed, power and conspiratorial voracity that have perennially characterised the countenance of international political climate.

The backdrop this time is the troubled lands of Africa, and Le Carré’s narrative has as its protagonist Bruno ‘Salvo’ Salvador, described by those around as, “the natural son of a bog Irish Roman Catholic missionary and a Congolese village woman whose name had vanished for ever in the ravages of war and time,” who finds himself endowed with a penchant for languages as a child in Congo.

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM News
Dialectical dilemma for Communists
IIPM MANAGEMENT INSTITUTE
IIPM Academics : Global Outreach Program
IIPM Students Life > Campus Resources
More about IIPM
IIPM : WHAT’S SECURITISATION?
iipm academics > faculty
IIPM Alliances
IIPM Admission > Application Details

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

IIPM Best MBA INSTITUTE
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.

For Complete IIPM Article, Click on IIPM Article

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

B&E this fortnight

IIPM PUBLICATION
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.

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM Alliances
IIPM Academics : Curriculum
Story About IIPM-The Indian Institute of Planning…
ABOUT IIPM
IIPM RANKED AHEAD OF FIVE OF THE IIMS RATED AS ONE...
DRESSED TEXTILES DELIGHT
Cadbury: Kuch Meetha Ho Jaye (IIPM Editorial)

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

IIPM Best MBA INSTITUTE
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.

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM Academics : Global Outreach Program
IIPM Links
IIPM Students Life > Campus Placement
IIPM Academics > Faculty
IIPM Academics : Curriculum
IIPM Alliances
More about IIPM
Ms. ‘Write’ Woman
Service with a SMILE!
IIPM Admission > Application Details
ABOUT IIPM

Paradox of the ‘patient’ paragon

IIPM PUBLICATION
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).

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM Links
IIPM Students Life > Campus Placement
IIPM Academics > Faculty
IIPM Academics : Curriculum
IIPM Alliances
ABOUT IIPM
IIPM RANKED AHEAD OF FIVE OF THE IIMS RATED AS ONE ...
More about IIPM Fair game?

Downsizing for rightsizing profits!

IIPM Best MBA INSTITUTE
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.

For Complete IIPM Article, Click on IIPM Article

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

For More IIPM Article, Visit Below....
IIPM : WHAT’S SECURITISATION?
IIPM Links
IIPM Students Life > Campus Resources
IIPM Academics > Faculty
IIPM Alliances
IIPM Academics : Curriculum
IIPM Best B-School of India