IIPM-Publications:-WHOAH! WE’RE GOING TO IBIZA!

Once the hippies’ haven, this little island in the Mediterranean Sea is still the one of the most easy going and breezy places to unwind in… In the day you could soak up the sun or laze in a comfortable hammock perched upon the shimmery white sands of the beaches, for once it’s dusk, sleep is certainly on no one’s mind! With eight major clubs and scores of others scattered around the island that plays host to the world’s best DJs, Ibiza has built up its reputation as the world’s clubbing capital with each passing wild bacchanalia… Predictably, that’s not all: Ibiza is a heady cocktail of beautiful women, Foam parties, and a ‘friendly’ atmosphere where all your erotic fantasies really do come true. It’s insane all through the week; even when the world is bogged down with manic Mondays, the ones here are crazier than the usual Saturday nights elsewhere! But don’t take our word… head for the world’s biggest club Privilege here, and experience the Monday Manumission parties to know what we’re talking about...

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

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PRICE DISCOVERY IS A RUSE

An official of Ministry of Consumer Affairs, which controls the FMC, claims futures trading performs two important functions: of price discovery and price risk management with reference to the given commodity. It is useful to all segments of the economy – to the farmer because he can get an idea of the price his produce can fetch him after some time; to the consumer since he gets alerted about future prices of essential commodities; and yes, also to exporters as it provides an advance indication of the likely price. Commodity markets were supposed to have eliminated the risk of being duped by a wholesale trader. However, the problem crops up when speculators are allowed to go wild with futures trading without any effective regulation from a body or an institution. The commodities market regulator FMC simply doesn’t have the manpower, the resources and the expertise to effectively regulate the rapidly growing speculation in scores of commodities across India.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

Honda Siel

Masahiro Take da - gawa, CEO of Honda Siel says “We have plans for expansion and we are on a fastack.” By the end of 2007, Honda plans to double its annual capacity to 100,000 units. But those are just ‘plans’! Moreover, Honda needs to revamp its dealer facility & delivery process as it has even been rated poorly on JD Power Sales Satisfaction Index 2005. More importantly, Honda has to invade more segments, especially compact cars. But even that isn’t as straightforward as it seems. States Arora, “The key challenge that manufacturers face while planning to bring a global model to India is in terms of the initial cost as well as the cost of operation of that model.” The road map for Honda is simple – aggressively ramp up capacity & unleash the ultimate killer strategy for India – launch of a small car. GM has already planned its small car launch by 2007; so the more Honda delays its entry, the worse it will be for the giant.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

Copyright IIPM:- 2006

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