Friday, August 22, 2008

Just imagine the possibilities

Though it is also true that critics like Harit Shah, Telecom Analyst, Angel Broking, have been apprehensive to B&E about the fact that “the gap between Bharti and R-Com is currently increasing, with Bharti adding over 2 million users a month, while R-Com is adding only 1.5 million.” But then, one cannot ever forget that it has taken Anil simply ‘4’ years to cover up on all the sustainable advantages previous players had till date. Just imagine the possibilities that this man can achieve in another four years, especially with his undying and unwavering focus on the potential power of convergence!

And it’s not that with CDMA, R-Com has had to flounder on the technology and innovation front. Oh yes, there were the extreme rumours that apart from simple voice calls, the CDMA technology is not fundamentally efficient enough to support value added services like net access, data transfers and similar services! Interestingly, far from all this, the CDMA technology is in fact brilliantly superior to its GSM counterpart. As the R-Com President Shukla comments, “In mobility today, technology has been a very big challenge. But to our advantage, while an ordinary GSM service has a data speed of only 9.6 kbps, CDMA in fact offers a maximum data speed of 144 kbps! So the technology difference (between CDMA and GSM) is not just in percentages, but in huge multiples.”

This tremendous bandwidth advantage has been exploited right from the star, as R-Com perhaps was the first to bring the concept of advanced valued added services (VAS) to the consumer, even at a time when competitors were only toying with the idea. When we spent an afternoon with Mahesh Prasad, Head, Content Application and Solution, R-Com, he shared with us, “When we launched in 2003, we were the first to provide complete multimedia experience on the handset – people could watch videos, send picture MMS, e-mails, could enjoy excel access, music, play games and even undertake the transactions that they would have normally done on an internet platform.” That was then. But with the increased focus on such services and even competitors excelling in the VAS area, what’s the scenario at R-Com now? Mahesh divulges, “Today, we have the mobile TV experience where you can watch news as it is happening, play games, and all in a video format. In fact, even undertake some of the most complex transactions in the financial space, such as M-banking, M-commerce, credit card payments, direct debits to your bank account, transactions which require utmost security in the network that is accepted by the financial community.”


Look at how well such an orientation has helped R-Com. When the company started its services in 2003, its presence was just in 300 towns. Today, the expanse has grown to a super 13,000 towns and 500,000 villages. Angel Broking analyst Harit Shah grudgingly accepts, “R-Com’s network is undoubtedly amongst the vastest in the country...” Add to this the fact that Anil Ambani has now officially quoted that R-Com would this year have “the largest roll out in the world in possibly the shortest period of time,” as they now plan to reach a soul stopping figure of 23,000 towns with an overall coverage that touches almost 90% of India’s population. If that is not visionary, pray what is! But it is not just the distribution that R-Com is betting on. R-Com is the undisputed leader of the ‘handset bundling’ strategy that has driven down the entry level point for mobile connectivity to a new low of Rs.777!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
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Thursday, August 21, 2008

Motors

But what Maruti lacks is a good diesel portfolio in the compact segment. Both Tata and Hyundai have raced ahead in this category; despite not having an inhouse technology, Hyundai has somehow accessed it. Tata Motors hopes to only have a diesel variant of the Rs.1 lakh car. But the Japanese giant can make a comeback in this category. Says R. C. Bhargava, Director & designate Chairman, Maruti Suzuki, “Since we have our own manufacturing plant now, we may consider including more diesels in our portfolio.”

branding woes: The problem with Maruti is that it has got closely associated with small cars; it’s the way Hero Honda is known for low-priced, lower engine capacity bikes. In addition, Maruti’s models are not perceived as ‘novel’, and it doesn’t have a great presence in the higher segments. Sums up auto expert Tutu Dhawan, “Maruti is basking in the glory of the 800 and other successful models, it has become stagnant and customers are fed up with repetitions. Today, the customer wants change and it is high time that the company expands its range.”

For example, the Hyundai’s i10, and other models, have been branded as one that were introduced ‘first in India’ and ‘later in the world’. Tata Motors is positioning its Rs.1 lakh car as one that’s ‘for Indians’ and produced ‘by Indians’. Maruti too needs to be more India-centric to retain brand loyalty. But this is not going to be too difficult. The recent comment by Osamu Suzuki, Suzuki’s chairman, that his company will develop a new compact model in India, may be the first step in the right direction.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
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Wednesday, August 20, 2008

Howzat, Mr. John Howard?

Labour Party ousts Conservatives & usher in new era for Australia
By throwing out their conservative Prime Minister, John Howard, in the recently held elections, the Australians may have tipped their country away from the blinkered, trepidation and avarice that he had encouraged many Australians at least think & hope so. Kevin Rudd’s Labour Party swept to victory in Federal election, providing a humiliating rout to Howard, who in an added mortification, is poised to lose the legislative seat he has held for 33 years.

The consequences of his defeat will be felt more abroad than in Australia. Rudd is expected to pull out Australian troops from Iraq. In fact, the result robs President Bush of one of his most unfaltering allies. Moreover, Rudd is likely to be present at next month’s Bali summit on climate change, & ratify the Kyoto Protocol, leaving the US isolated. Talking to B&E, Australian political analyst from Institute for Public Affairs, Melbourne, Louise Staley said: “Howard’s main loyalties lay with the West, whereas Kevin Rudd is more apt to take a reduced blinkered move towards foreign policy. A looming source of friction between the US & Australia will be over Australia’s uranium policy. The Bush Administration has been pushing the US Congress to allow the transfer of nuclear technology and fuel to India, which Kevin opposes vehemently.” Interestingly, Kevin Rudd, who was once a diplomat in Beijing, speaks fluent Mandarin, has time & again expressed a positive view about China. In fact, China is one of its major export partners - something which Bush hates.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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ZEE BUSINESS BEST B SCHOOL SURVEY
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IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
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Tuesday, August 19, 2008

Damming the declining dollar!

The plummeting dollar indices fresh chasms in OPEC
With the oil prices on the cusp of touching the century mark, the global oil politics is in full swing. The political wrestling was in full display at the recently concluded OPEC summit, where on one hand, Venezuela & Iran desired some action over the dwindling fate of dollar by pricing oil in a basket of currencies. And the time tested US ally, Saudi Arabia, aptly preventing the dollar from appearing on the agenda.

At the end of the two-day summit, the final communique of OPEC concluded: “We affirm our commitment . . . to continue providing adequate, timely & sufficient oil to the world market.” The declaration helped in further fall of the dollar, which the Iranian President had described as a “worthless piece of paper.” The Iranian leader was ably assisted by the Venezuelan President Hugo Chavez, who in his inimitable style condemned the flawed US foreign & military policies as the main driver of high oil prices, he added, “If the US followed through on military threats against Iran, oil could double to US$200 a barrel.” The US profligacy certainly is one of the factors driving the oil prices high & the dollar to decline. Although, the dollar issue was ducked at the summit, but it has been agreed upon that the respective finance ministers, will meet to discuss dollar impact on their economies, prior to the scheduled meet of the OPEC oil ministers in Abu Dhabi on 5th December.

Reasonably-priced oil must continue to flow through the global commercial veins uninterrupted. As King Abdullah, the Saudi leader avers, “Oil is an energy that is about construction & development and should not be turned into a tool of dispute and whimsy.”
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
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IIPM makes business education truly global-Education-The Times of ...
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India eNews - IIPM Ranked No1 B-School in India
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Monday, August 18, 2008

THE ROVING EYE

Say ‘Open Sesame’, and the door will open

Mention the word security and you instantly visualise the private security guards at large multinationals or VVIPs with their cavalcades of armed commandos, but then, what about security for the common man? Amusing right? Or perhaps tragic, since security in Indian perception revolves around expensive equipment, high-end technology & sophisticated operating techniques. But no more. With reduced size and increase in ease of operation, technologies are slowly penetrating the safe confines of one’s living room as well.

Technology has brought in new & more effective versions of home surveillance systems that is like a 24x7 watchdog. A home surveillance system eradicates blind spots to guard defenseless places on your property. Home surveillance products include the use of internet, CCTV, video, burglar alarm, door security, gas/smoke detectors & fire fighting solutions.

While talking to B&E Rajesh Khurana, Country Manager Seagate, comments, “With increase use in surveillance, there will be a demand of high capacity storage device along with more secure drives.” Seagate Technology along with Avigilon, will deliver a breakthrough in high definition surveillance systems to protect people and property. Seagate will launch Barracuda ES Series hard drives with capacities ranging from 250GB to 1TB, with performance benefits of the SATA interface. With the Barracuda ES hard drive, a single 16-mega pixel Avigilon camera can replace 50 conventional surveillance cameras.

The year 2008 will not only experience more secure lifestyle but few break-through products in home surveillance scenario. The coming few months will see more of biometrics door locks, finger print recognition locks, use of pass code/swipe cards on main doors, burglar alarms & automatic emergency calling systems. For a change, security, which is as dear to the common man, will be available much more easily.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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IIPM makes business education truly global-Education-The Times of ...
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The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
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Thursday, August 14, 2008

THEY LOVE THEIR PCS

He wants all children in schools. Can he do it?

Imagine 14 Class II students in a schoolroom without a teacher. One would expect shrieks and screams, fights and struggles, or more like a fish market. But the scene in a government primary school in Madabal, Magadi taluka, Karnataka, was totally different. Divided into four groups, these kids were quietly engrossed in front of their respective computers. One of the groups was identifying animals, the second solving a mathematical problem, the third was listening to a lesson with headphones on, and the fourth was engaged in a discussion on elephants.

The school is covered by Azim Premji’s Foundation’s (APF) programme to universalise primary education through three initiatives – learning guarantee programme to enhance quality, child-friendly schools to woo dropouts, and computer-aided learning (CAL). Almost 3.5 million students have benefited till now, and over 10,000 schools have been covered under CAL, with Madabal primary school being one of them. “Before this, I never saw a computer. Now, I learn my lessons through it,” says Class VII student, S. Rakesh, who studies at Toranagal Railway Station Higher Primary School, 300 kms from India’s Silicon Valley. “I want to be a software engineer. I like my computer more than my teacher,” Rakesh confidently whispers.

“One of the most important objectives of education is to create a sympathetic, responsible, human, just and equity-conscious member of society,” says Dileep Ranjekar, Chairman of Azim Premji Foundation. And Premji had once said that he wants “every child of India in school and learning joyfully.” He added that “this is our chance to shape a future which will inevitably compel the world to recognise this as the ‘Indian century’.” Maybe, such corporate initiatives will refute the conclusion reached by UNESCO in its 2002 report, Education for All, that India’s plans to universalise elementary education ‘lack credible evidence’.

Beginning with the states of Karnataka & Andhra Pradesh, the Foundation has taken its digital curriculum to other corners of the country. After the Telugu language, the curriculum has widened its spectrum to 11 additional languages, including Hindi, English, Tamil, Kannada, & Oriya. Under CAL, a mobile vehicle moves in and around Bangalore. The Foundation has distributed interactive CDs in different languages and trained thousands of local teachers. The aim is to enhance the quality of primary education, and innovate the technologies to enhance it.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
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IIPM makes business education truly global-Education-The Times of ...
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The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
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Wednesday, August 13, 2008

Technology will merge sci-fi with magic

Technology will merge sci-fi with magic. And we will all become mud-bloods.

After all, technology has always been – and will be – a double-edged sword. To borrow from Harry Potter again, it can turn out to be a special sword that helps the saviour Potter to kill evil Nagini, or may be, vice versa. So, will all developments remain esoteric and in the realm of expectations of the nerds and sci-fi optimists. Not really, as technology will lead to revolutionary developments in medical research that will change how we lead our lives in the near future. The ability to capture critical and crucial medical data due to ongoing wireless innovations will allow the movement of healthcare facilities away from the locations of clinics and hospitals, and nearer to the patients.

Soon, and it’s already happening in a location near you, health checks will be carried out virtually by doctor stationed thousands of kilometres away. Doctors will transmit medical images and data instantly without elaborate equipment to medical institutions, and allow specialists to assist them in diagnosis and treatment. Like virtual social networks, you will be a part of complex medical systems that will guide your health. Taking medical technology to another level may be blood-cell-sized devices, called nanobots, which will be put inside your bloodstreams. Explains Kurzweil, “The University of Rochester and MIT have succeeded in identifying and destroying cancer cells using blood-cell-size devices. In 10-15 years, we’ll overcome all the major diseases that kill 95% of us.” If Kurzweil’s estimates are even partially true, we are walking into a healthy future by exploiting the benefits of technology.

Coming back to middle-class consumers, iPhone has spawned new research into the ever-morphing world of convergence. In the next few years, your device (a mobile or something else) may operate most, even all, your daily-use products. It will act as a common remote for TV, music system, AC, car security system, and house burglar alarm. While firms like Logitech are working on it, real convergence is still some time away. So, in the near future, when Spock meets Potter, they will interact through voice recognition software, use a single device to operate all their machines and gadgets, have working robots who can think and behave intelligently, meet at a far-away planet while remaining on Mars and Earth, respectively, and live several virtual lives in Second Life, Third Life and Fourth Life. And at that stage of technology evolution, Potter’s owl, Hedwig, will well and truly become redundant.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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IIPM makes business education truly global-Education-The Times of ...
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The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
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Tuesday, August 12, 2008

the maximum returns were delivered by the Gold

When analysed category wise, the maximum returns were delivered by the Gold ETFs, a huge 41.56% return per annum. S&P CNX Nifty (12.63%), Sensex (12.46%), Equity FMCG (11.72%), Equity banking (11.49%) and BSE Small Cap (10.73%) were others who managed to delivered handsome returns. But, sectoral fund categories (Technology and Auto) have delivered negative returns to the tune of 15.38% and 14.88% respectively.

A careful analysis of the performance of the existing 34 fund houses reveals that there are schemes, which have offered returns higher than stock markets despite the market mayhem. Interestingly, most of the outperformers are actually equity-based funds. And analysts are hopeful about other equity-based funds will also bounce back soon. Sharing his views with 4Ps B&M, Sudip Bandyopadhyay, CEO, Reliance Money avers, “Barring past two quarters, the returns from the diversified equity MF have been over 40% CAGR over past five years… we should understand equity per se is associated with risk; but we believe this is a temporary correction more to do with global factors than over our own economy and in the medium to long term we believe equities will definitely give better returns as compared to other assets classes.” His words justify the basic investment rule: if you want handsome returns, invest with a long term perspective.

Despite present market volatility, Assets Under Management (AUM) of the MF industry surged by 55% to Rs.5.05 trillion as on March 31, 2008 from Rs.3.26 trillion a year ago. In addition, more than 600 new schemes were launched during last year and as many as six brokerage houses are awaiting regulatory approval for commencing operations.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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IIPM makes business education truly global-Education-The Times of ...
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IIPM Ranked No1 B-School in India
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IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
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Monday, August 11, 2008

Sony Computer Entertainment

The current domestic leader in this format is Sony Computer Entertainment (SCE). Today, Sony is known worldwide for its Playstation gaming console. “The core strength we have is our range of products which cater to every segment of the target group of consumers,” avers Bose, an opinion which seems true at least at this point in time, because Microsoft’s only answer to Sony’s consoles at the moment is its Xbox 360 (which competes with Sony’s PS3). However, its other ‘now’ low-priced products like the PSP and PS2 have no competition from Microsoft. Talking about competition, Bose clarifies with a smile, “Claiming the market share at this point will be doing injustice to my competitors, because we are too big for them...Roughly we hold around 70% of the Indian console gaming market!” Surely, there is no doubt who the market leader is! To make matters worse for the also-rans, Sony is also releasing another one of its Indianised version of videogames (‘Hanuman’ after ‘Buzz!’ and ‘Filmstar’), as it rightly believes that pinning hopes on Indianised (as well as culture-oriented) contents will create enough differentiating truths!

However, there is also a challenge in the name of Nintendo ‘Wii’, which will soon be officially launched in the country. So, will Nintendo’s act of giving Sony’s PS-series a run for its money be replicated in India too? Not really, as Bose optimistically comments, “Entrance of Nintendo will not pose a threat to us. Rather, it will help the domestic gaming industry to grow much faster than before as the industry has enormous potential.” Industry experts are however flicking som eyelids at the Wii entry as Nintendo is very capable of launching similar technology (as Sony’s) at half the price! That would really be a ‘KO’! However, with the gaming console market forecated to touch a glorious $125 million by 2010 (from $45 million in 2008), Sony’s may well remain optimistic. There is another spoilsport though – piracy! Sony agrees to the fact that ‘grey’ market rackets are eating into their profits share in the country. “Grey market is selling products at almost 40% cheaper than us!” avers Bose explaining the clear disadvantage.

‘Experiential marketing’ is what the strategy of game-makers should be, as a senior Sony official confesses, “The focus and distribution is what we will concentrate upon for future growth.” Sony also stands one step ahead of the competition as it has about 200 exclusive stores by the name of Sony World, something which surely attracts envious eyes. Talking about domestic turnover, Bose adds, “The gaming division plans to touch Rs.100-125 crores this year.” The retail revolution in the country is also helping the gaming industry’s growth. With teeth-rattling growth of 1000% in terms of software and 600% in terms of consoles, Sony is definitely on a roll to capture the global game development industry which is forecasted to touch an enormous $43 billion by 2010! So there’s an overall growth lying in wait as a Sony spokesperson avers, “The industry is not only about console and software selling, a huge potential lies in game development in the country as well. It is now time for developers, animators and gaming companies to join hands for game development...” Clearly, the brilliance of the domestic gaming industry is sending shockwaves across global players. The game has begun; and by the way, Sony’s key strength is ‘Search & Destroy’.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
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IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
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Saturday, August 09, 2008

lucrative investment options

However, to advise clients on lucrative investment options in these tumultuous ‘inflationary’ times is a job that requires careful balancing and under Chopra’s leadership, the company has been doubling up as a wealth advisor, as also a distributor of financial products. However, he insists on being referred to as a wealth management firm as opposed to an Asset Management Company (AMC). “We could have been an AMC a long time ago, but it would have diluted our positioning,” he says, adding that unlike an AMC, understanding the need, taxation impact, and risk appetite of investors, are the key factors that Bajaj Capital focuses on before advising any of its one million clients in the country. And his advice for investing in these inflationary times? “Ad hoc investing is a complete no-no, instead focusing on long term investments with a clear roadmap: defined goals, time required for achieving them, take inflation into account, and then work backwards.”

An avid traveller and an ardent fan of music (from Sufi to Rock), for now, relaxation is not an option for Chopra, as Bajaj Capital is totally focused on ‘expanding and expanding fast’. From six branches and 60 employees (when Chopra joined in 1984) to more than 3,000 strong work force today, the company has already taken giant strides from its earlier laidback avatar. In fact, just over the last one year, the workforce has more than doubled. And as head of a closely held group, geographical expansion is now his topmost priority. “We’ve already moved to tier II and tier III cities and have 185 financial planning centres across 80 cities, including far-flung places like Bardwan and Asansol,” he says, adding that the priority now is to move to the next 100 cities on their wish list. “There is huge wealth in small town India, but a dearth of financial advice.” On the immediate radar are Jalandhar & Haridwar.

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IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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IIPM makes business education truly global-Education-The Times of ...
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Friday, August 08, 2008

IT services market is expected to grow

At a time when the IT services market is expected to grow at over 7% a year, this acquisition makes sense, especially when it is a consolidation of enterprises which have been in the top 5 list in the IT services sector and cater to the same line of business. Mark Hurd, CEO, HP comments, “There’s tremendous leverage you get from scale… We’re spreading our cost structure across a much larger revenue base. We expect to bring that capability to EDS.” Supports David Mitchell, Senior VP, Ovum IT Research, London, “Scale is fundamentally important in the IT industry, and especially in IT services. It allows a supplier like IBM or HP, to take on the largest projects and invest in assets that can repeatedly be deployed in different customer settings. Acquisition of EDS immediately take HP closer to IBM in scale and adds a huge amount of IT services capability – at a stroke.” EDS’s core competence lies in infrastructure management services and custom application services. But the company is weak in providing services for packaged applications, which may be a stumbling block in the consulting space.

Besides, competitors won’t sit quietly. Accenture, for instance, has already agreed to acquire Brazilian ATAN, a privately held industrial IT and automation solutions provider, which will enhance its management consulting, systems integration and technology consulting. In a nutshell, despite its advantageous position, the HP-EDS combine should expect a tough fight ahead.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Wednesday, August 06, 2008

HP’s revenue growth

But the deal has also faced its share of criticism. While some analysts have prognosticated that the takeover is going to slow down HP’s revenue growth as EDS has seen an average growth of merely 2.8% since the year 2001, others alleged that it would have made more sense to buy business process outsourcing services rather than IT infrastructure outsourcing services, which EDS offers. Furthermore, there are even suggestions about the deal being overpriced.

But HP appears to have no qualms in taking the deal forward. The companies’ collective annual revenues from services business by the end of fiscal year 2007 were more than $38 billion as against rival IBM’s $54 billion. Moreover, if the growth rate of IBM and HP-EDS is compared, IBM is growing at 10%, while the HP-EDS duo will be close at 7%, way ahead of other major players like Accenture and Fujitsu. So the HP-EDS combine has just one target to overcome, IBM.

Apart from all this, there is one more fact that makes this deal even more lucrative for HP. Besides enabling cost control, HP would relish the opportunity to sell more of its hardware to EDS’s existing clients. Trimming of operating costs is going to result in cutting a large number of jobs, but then in the long term, the company expects market value, market share, revenue and profits to shoot up.

At a time when the IT services market is expected to grow at over 7% a year, this acquisition makes sense, especially when it is a consolidation of enterprises which have been in the top 5 list in the IT services sector and cater to the same line of business. Mark Hurd, CEO, HP comments, “There’s tremendous leverage you get from scale… We’re spreading our cost structure across a much larger revenue base. We expect to bring that capability to EDS.” Supports David Mitchell, Senior VP, Ovum IT Research, London, “Scale is fundamentally important in the IT industry, and especially in IT services. It allows a supplier like IBM or HP, to take on the largest projects and invest in assets that can repeatedly be deployed in different customer settings. Acquisition of EDS immediately take HP closer to IBM in scale and adds a huge amount of IT services capability – at a stroke.” EDS’s core competence lies in infrastructure management services and custom application services. But the company is weak in providing services for packaged applications, which may be a stumbling block in the consulting space.

Besides, competitors won’t sit quietly. Accenture, for instance, has already agreed to acquire Brazilian ATAN, a privately held industrial IT and automation solutions provider, which will enhance its management consulting, systems integration and technology consulting. In a nutshell, despite its advantageous position, the HP-EDS combine should expect a tough fight ahead.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Tuesday, August 05, 2008

Special game plan to power the agency ahead

We move to the next subject. Once he transitioned from National Creative Director to boss man & supremo, did he have any special game plan to power the agency ahead? Any specific (hitherto untapped) thrust areas to leverage in the task of moving ahead? Any unique vision? Joshi honestly confesses that there was no special blueprint because this was a very critical decision and demanded a total connect with the DNA of the organisation. Being an intrinsic part of the core team, he had some ideas about what best could (and should) define the agency’s persona, but this vision was in the process of being formulated. “I was, however, very clear about one thing: We must attempt to give every single client of ours a clear and distinctive voice that instantly defines their personality & what they stand for.” Today, with campaigns for Coca-Cola, NDTV, Radio Mirchi, Saffola, Parachute, MasterCard, Chyawanprash, et al, under McCann’s belt, there is an unmistakable stamp that spells out their persona, loud n’ clear. You see or hear ads and you identify the brand instantly! Boss yeh to NDTV ka ad hai! “In short to find the voice of the brand and present it in an engaging, entertaining, empowering way…”

How would Joshi describe his style of leadership…strategic leader, leading from the front calling the shots or a team person, one of the guys? He is off in a flash. “You have to get it right, first, if you want to create value. You have to deliver and be seen as someone who can deliver, to inspire followers to follow. The rest will happen.” When he left Ogilvy to join McCann, because of his relationship with his old agency, he didn’t pinch a single employee or account. Why? “I could not dream of doing it. It would tantamount to being unethical and a betrayal.” He wanted to start afresh and charge up the guys who comprised the team in McCann. That was the challenge. Could he do it? “My style is not aggressive & confrontational, either with team members or clients. I prefer to pull back, look at the big picture and understand the strength and weaknesses of the situation before making that first critical move. It’s human beings we are talking about here, remember? With time, we connected and together explored new and exciting avenues along the way.” He pauses, “I see myself essentially as a facilitator & hands-on leader. The roles play out themselves as the circumstance & situation demands.”

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Monday, August 04, 2008

New world of pharma predators

But, end of the week and all seem sorted out. Orchid finally announced a so called business alliance (or a silent upcoming merger!) with Malvinder Singh’s Ranbaxy, while the Burman family sold off its entire stake (around 65%) in Dabur Pharma to Fresenius Kabi. The German group further raised its holding to 73.3% and even made an open offer for an additional 20% in an attempt to engulf whole of it. Looks like the predator is not satisfied with just a pound of flesh, but wants the entire roast. So, is it that the long due consolidation in the Rs.320 billion Indian pharma industry has finally arrived? Or is it that the global & domestic predators are conditioning themselves before the final hunt, which they anyway have been doing since long?

Certainly, the Indian pharma players, who have been among the frontrunners moving in for a kill on the global arena, more so just after India entering the new product patent regime, once again seem standing at an influx of an acquisition drive, but this time at the domestic front. And according to industry experts, the recent slew of happenings could definitely provide a spring board to trigger this much needed and long due consolidation in the domestic market. “The Indian market, which is highly fragmented, is all ripe for consolidation. However, currently the valuations demanded by the companies are on the higher side and are a major deterrent to the same. But, going ahead in the next 1-2 years, the momentum could gather further pace, as these companies would look out to consolidate their presence in the Indian markets,” Sarabjit Kour Nangra, VP Research, Angel Broking tells 4Ps B&M. Even Ranjit Shahani, Vice Chairman & MD, Novartis India holds the same view when it comes to M&As. “We can already see some consolidation happening in this space with many organisations wanting to scale up their operations, which will enable them to meet increasingly diverse challenges,” he shares with us.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Friday, August 01, 2008

A trip of their own

It’s time for Round 2 between the online and the offline travel agents. And the winner’s not hard to guess...

With growth guaranteed for online travel agents, the offline players are in for a ruder shock. siddharth nahata explains how online giants are killing competitors with shrewdly designed organic growth plans

In round one, online travel portals like MakeMyTrip (MMT) and Yatra surpassed everyone’s expectations and knocked-off offline travel agents in a single blow. Like the Spartans who had put a million strong Persian army to the test in Hollywood flick 300, online players too did somewhat similar. What seemed a fight against destiny, travel portals proved every critic – from industry pundits to offline travel agents – wrong. Now, it’s the start of round two and the champions of round one are rolling up their sleeves to put up another immaculate performance. We’ll see how...

As they say, destiny favors the brave, the online players by all means stand in a sea of opportunities. The ‘small’ big boys are dreaming big and quite fittingly so. The industry turnover is growing at an unbelievable 50% y-o-y and is expected to touch a piping hot $2 billion by 2008. Estimations for 2010 put it at an even more astounding $6 billion from the current $1.3 billion! Currently, online travel bookings account for 11% of the travel market and this pie too is set to increase to 25% by 2010.

Deep Kalra, CEO & Founder, MMT reveals mega-plans to 4Ps B&M as he says, “We intend to become India’s largest travel company by 2009. Our strategies are well in line with our goals. We plan to drive growth through Holidays – both domestic and international.” The turnover for MMT for the year ending March 2008 was $250 million, up 80% from last year. This year too, the champion has set a hard line target of accomplishing a growth rate of over 80%. On the other hand, a relatively late entrant Yatra.com has managed quite superbly to capitalise on the ‘late mover advantage’.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative