NDTV

And then came the big opportunity! After more than 10 years of association with NDTV, Rajdeep created a flutter in the industry when he quit NDTV and started a company of his own, Global Broadcast Network (GBN) along with TV18’s Raghav Behl and Sameer Manchanda. A tie-up with global newscasters CNN, gave shape to CNN-IBN, which within a year of launch has created a niche for itself among the select English TV news channels in India. As editor-in chief of CNN-IBN, Sardesai is giving tough competition to his one time bete noire NDTV. GBN has also bought a stake in Dainik Jagran’s Channel 7 and Rajdeep is these days busy altering the face of Channel 7 in its new avatar IBN 7. It’s obviously time to call Sardesai a winner in this Big Fight. Guess he has all that ‘whatever it takes’ to be a winner!


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

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

WIELDING A DOUBLE EDGED SWORD

DR. REDDY’S MUST BE MORE CAREFUL IN ITS FUTURE ACQUISITIONS ABROAD

The German connection (read, its acquisition of Betapharm) has certainly brought pleasant tidings for Dr. Reddy’s Laboratories in the April-June quarter. The company reported a massive revenue surge (year on year) of about 151%, which stood at Rs.14 billion as against Rs.5.6 billion in the corresponding quarter of 2005. The company savoured a 320% surge in net profits (consolidated), which were pegged at Rs.1.29 billion. As predicted, Dr. Reddy’s benefited from the Betapharm acquisition, which contributed close to Rs.2 billion in revenues to the coffers. On the other hand, generic drugs, Finastride and Simvastatin, (which are enjoying their 180 day exclusivity period) contributed Rs.3.35 billion in revenues. G.V. Prasad, Vice-Chairman & CEO of Dr. Reddy’s stated, “I would like to emphasise that Dr. Reddy’s has also had a good organic performance.” Things haven’t been as rosy, though, in the Betapharm acquisition. The primary cause has been the German government’s decision to decrease the prices of generic firms by about 30% with effect from June 1, 2006.

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

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

UNEVEN UGANDA

DISTRIBUTION MORE THAN GROWTH

Even as the ghoulish Idi Amin regime and dreaded civil wars recede to history, the quagmire of economic backwardness has slowly and steadily drained Uganda of its vitality, despite having considerable natural resources of fertile soil and deposits of Copper and Cobalt. But creditably, Uganda made remarkable progress during the last decade of the 20th century. Return of exiled Indian entrepreneurs, high international coffee prices, as well as stress on stabilisation, human development and most importantly, domestic security were reasoned to be behind the turnaround. The average income in Uganda started growing by 5% a year, overall poverty fell from 56% to 34%, and primary school enrolment rose very positively from 5.3 to 7.6 million.

However, the recent crash of global coffee prices, rampant corruption, high inequality (Gini coefficient rose from 34 to 42 in 1997); and the further involvement in Congolese civil war, made Uganda slip down to qualify for Heavily Indebted Poor Countries debt relief of $1.3 billion in 2000. Effective broadening of the distributive set up for small farmers & entrepreneurs, together with micro-level investments aimed at creating a manufacturing base, is strongly recommended along with sufficient international support to prevent the slippage of another African country into the oblivion of poverty, chaos and anarchy

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Source:- IIPM-Business and Economy, Editor- Prof. Arindam Chaudhuri - 2006

NOW IS THE NEED FOR DARKNESS...

Increasingly, the lovely vision of what we knew as night, is being obstructed by heavily illuminated urban areas. And if the obliteration of celestial lights for the brightly lit city dwellers was not enough, the man-made devastation meted to the avian population stands to be accounted for and analyzed. Factually, for millions of birds that criss-cross the globe, changes made by humans to landscape and flora has resulted in nothing less than a tragic aerial catastrophe. It is reported that about 97 million birds are killed annually by nocturnal and daytime collisions with brightly lit towers and sky-scrapers. Of those who are massacred by the towers are many that are already in the ‘endangered list’. In Toronto, for example, about 940,000 high rise buildings ‘kill’ about 9.4 million birds by ‘bird strikes’ annually. It is reasoned that during day time, birds fly directly into the buildings having glass panes, unable to perceive the images as reflections. During the night, the natural cues that help their aerial navigation (the lights coming from the moon & stars, as also Earth’s geomagnetic fields), get disrupted due to the light from brightly illuminated buildings.

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

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

IIPM-News:- Zidane's Disgraceful Exit

For this, Zidane was not only admired, but also respected. His success was never to the detriment of others. On the contrary, he is active in causes such as helping sick children. It is obvious that he could one day become a tremendous ambassador of peace, or for children, working with the United Nations or another international organisation. But now the hero has fallen. Zidane was not Superman, but a human being. In a single instant of unfathomable fury, his moment of glory was transformed into one of madness and a curse. His tragedy is ultimately a personal one. Nevertheless, it would be a great loss – extending far beyond the world of football – if Zidane’s disgraceful exit as a player comes to de- fine his legacy as a man.

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

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

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Indian Animation Industry

Opines Rishi Khemka, Director Maximus, “At present, the Indian animation industry is pegged at $250 million and is growing at an astounding growth rate of 30%. While only 3,000 people are employed in the industry today, the demand is of more than 10,000 animators, which itself signifies its importance of animation as an aspiring career option.” Surely, the scarcity of animation professional is a concern which needs to be quickly taken care of. Opines Shubho Shekhar Bhattacharjee, CEO Planman Life, “Th ough Hollywood has been producing quality animation movies like Finding Nemo, Shark Tale & Shrek, for Bollywood the experience has been short, but enthusiastic. Earlier, animation to India was restricted to a few outsourcing operations like sketching, painting and digitised order content, but today, Indian animators are respected by the global community and are signing deals with international studios to produce animation movies.”

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

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

IIPM-News Article:- The Infrastructure Business

The infrastructure business (which contributed $41.8 billion to total company revenues of $144.3 billion in 2005), has only got healthier with GE Aviation signing deals worth $2.8 billion at the Farnborough Aviation Trade Show on July 19, 2006. The Energy, Oil & Transportation units are also growing with the company planning a $8 billion global expansion. Healthcare contributed $15.15 billion. The industrial and financial divisions which contributed $32.63 billion and $40.06 billion respectively are the other bright spots. Inversely, their $14.69 billion revenue earning media business - NBC Universal - had a flat revenue growth with profits lower by 10% over previous year’s quarter! And as Ronald Walton, Media Analyst, UBS comments, “GE should gradually divest its stakes in NBC...

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

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

NSSO(National Sample Survery Organisation

The 55th round survey of the NSSO (National Sample Survey Organisation) contended an increase in migration rates from 24.7% to 26.6% (1992 till 2000), of which about 8.8% had moved for the purpose of seeking employment. The report also suggests that the surge leads to higher casualisation of the labour force that comprises mainly the underprivileged sections of society, and specifically Schedule Castes & Tribes. The National Commission on Rural Labour contends that uneven regional development, together with socio-economic discrimination at the home states, are amongst the prime reasons for such widespread migration.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Shiites, Comprise 63% of Iraq's Population

IIPM-Publications

Deprived of political power since the inception of Ottoman empire and facing religious persecution in several countries, the ‘autonomy’ granted by the Iraqi constitution has fuelled aspirations of Shiites, who comprise 63% of Iraq’s population. Iran is another typical example. The Gulf War-II allowed Iran to justify its rigid stand vis-à-vis nuclear ambitions. Further, Iran is logically & strategically relying on the clout of the increasingly powerful Shia population in countries across the region. Iran now believes, and perhaps rightly so, that if the US dares to touch it, the whole region could go up in flames.

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

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

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