Monday, July 18, 2011

LG’S War Cry to Apple

Tablet wars, which was initiated and pioneered by Apple with its launch of i-Pad, have once more been ignited by the original makers of i-phone’s Retina feature. LG plans to rival Apple’s i-Pad by the end of the fourth quarter this year with its upcoming tablet that apparently will have the latest features and all new benefits. The ‘LG slate’, which still awaits a formal brand name will focus on creating content rather than consumption with a mixed support of document writing, video editing and even elements of coding which are presently missing in Apple’s tablet. LG has already declared its initiatives on releasing smart-phones based on NVIDIA’s Tegra -2 chipset along with nine more handsets by the end of this year and plans to capture a 5 million units’ share in the US market alone. Although LG completely failed to make its presence count in the smart phone segment in the past, the current claims can at least boost the confidence of the management which is all set to challenge the temple of innovation (Apple) and the biggest invention of the recent era.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......
IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Friday, July 08, 2011

THE UNSHAKEABLE CHARISMA LIVES ON!

Despite tough competition, brand hero honda continues to be India’s top two-wheeler brand for the high recall that it enjoys among domestic consumers

Post partition when the Munjal family shifted to Ludhiana and started making bicycles who would have thought that it was a giant in the making? But once the government allowed foreign companies to enter the Indian market through minority joint ventures, Hero Group joined hands with Japan’s Honda Motor Co. to manufacture motor bikes. And today, the joint venture – Hero Honda – is not only the world’s largest producer of two-wheelers, but also one of the dearest brands for most people in India. Certainly, the path was not rosy enough. But with a strong determination and by deploying right strategies at the right time, the brand has managed to climb the ladder faster than any other auto maker in the country.

Year 2006 was a true taste of character for Hero Honda. This was the year when its arch rival Bajaj Auto was close to topple it as the market leader. The whole Indian media was doing rounds of speculations about when Bajaj would be able to overtake Hero Honda. But the bike maker was busy finalising its strategy to come out of the tight situation. Recalls Anil Dua, Senior VP – Marketing & Sales, Hero Honda, “We then decided to change our focus to the top-line of the company to which the bottom-line will follow and the rest, as they say, is history.” Undoubtedly, with the tag of a leader in terms of mileage and a focus on entry-level, the company deals with great volumes and there by touches the lives of millions of the Indian consumers ensuring greater brand value for the company. Moreover, going by industry watchers this is one of the biggest reasons which has provided Hero Honda such a cushy position in the domestic market. In fact, the company’s timely foray into the rural parts of the country has empowered its brand equity to grow by leaps and bounds. Avers Pankaj Dubey, National Business Head, India Yamaha Motor, “The Hero Honda brand is very strong in the rural parts of the country and it is very difficult to challenge the leadership position of the company in those areas.” For the uninitiated, Hero Honda banks more than 40% of its total sales from rural areas currently.

However, it is not only about the rural expansion and entry-level segment, the company has also built upon its premium segment portfolio and hence, has been able to cater to a wide range audiences. Offering products like Achiever, Hunk, CBZ Xtreme, Karizma and Karizma ZMR, the company proudly labels its premium products portfolio as its diamond strategy. Explains Pawan Munjal, MD, Hero Honda to 4Ps B&M, “We have decided in the last couple of years that we have to have leadership across segments. We should not be seen as a company for rural masses only. So, we have refreshed our portfolio and have been growing at almost 40% in premium segments.”

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Wednesday, July 06, 2011

Life is at a standstill in Telangana Region

Life remained paralysed across Telangana Region of Andhra Pradesh on Wednesday, the second day of the 48-hour shutdown called by Telangana Joint Action Committe(JAC) to demand a separate state of Telangana.

Public transport remained crippled in Hyderabad and nine other districts of the region as over 10,000 buses of Andhra Pradesh State Road Transport Corporation (APSRTC) continued to remain off the roads.

Shops, business establishments, hotels, petrol bunks and educational institutions were shut on the second consecutive day.

Commuters in Hyderabad, especially those arriving at railway stations had a harrowing time as APSRTC city services remained suspended while a few autorickshaws and cabs charged exorbitant fares.

The local train or multi-modal transport system services were also cancelled for the second day.

With APSRTC employees too joining the strike, not a single bus can come out of bus depots.

The shutdown forced APSRTC to suspend all services between Hyderabad and other cities like Vijayawada, Visakhapatnam, Kurnool and Tirupati. The corporation, which suffered a loss of Rs.9 crore on the first day, plans to resume services in the evening.

The coal production in Singareni Collieries Company Limited was affected for the second day as a majority of nearly 100,000 employees in the mines, spread over four Telangana districts, refused to work. The company is likely to suffer loss of another Rs.20 crore on the second day.

The usually busy roads in Nampallay, Basheerbagh, Khairatabad, Himayatnagar, Koti, Mehdipatnam, Secunderabad and other areas in the state capital here wore a deserted look.

The shutdown badly affected the work in government offices as a majority of about 300,000 employees in the region stayed away from work.

However, the functioning of IT companies in Hyderabad is normal as the companies made alternate arrangements for the employees to reach their work place. The cabs carrying the techies left early in the day, avoiding routes where trouble is feared.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......
IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Wednesday, June 22, 2011

TCS, Infy may bid for British IT firm

British financial software company Misys said it had received a bid approach, sending its shares up more than 8% on Tuesday and analysts said that TCS and Infosys could be among the probable suitors. Misys shares were up 8.5% to 417.2 pence, valuing the company at around £1.4 billion ($2.3 billion).

"The board of Misys Plc... confirms that it has received a preliminary approach that may or may not lead to an offer being made for the company," the company said in a statement on Tuesday.
The company is taking the approach seriously and is in talks with one bidder over sale of the whole company, said a source familiar with the matter.

Jefferies said the bidder could be from the US or India, with fair offer exceeding £5 per share."US heavyweights such as FIS and Sungard will be looking for an opportunity to internationalise their footprint, while Indian providers such as Infosys and TCS will be looking for more onshore presence and brand," said Jefferies analyst Milan Radia.

Misys shares have risen sharply from from around 312 pence in early May as market speculation of bid interest swirled around the stock.

Misys — which competes with companies such as Temenos, Fidelity National Information services , Fiserv and SunGard — clients’ include all of the world’s top 50 banks.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Monday, June 13, 2011

Nail real culprits of Mumbai attack: Chidambaram to Pak

Union home minister P Chidambaram on Wednesday said confidence cannot be restored between India and Pakistan till Islamabad takes action against the "real culprits" responsible for the 2008 Mumbai Terror Attack .

"The fundamental cause of friction between the two countries is Pakistan not taking action to bring the real controllers and perpetrators of the 26/11 attacks to justice," a news agency quoted Chidambaram as saying during an interaction with visiting Pakistani journalists.

Asked about the seven terror suspects who had been put on trial in Pakistan on charges of involvement in the Mumbai incident, Chidambaram said only two of them, including Lashkae-e-Taiba commander Zakiur Rehman Lakhvi, were "real culprits" while the rest were "foot soldiers". Giving an example, he said Indian security forces had recently killed five militants while they were attempting to infiltrate from Pakistan.

During the interaction, Chidambaram also stressed the need for Pakistan to provide India with voice samples of certain terror suspects in the light of revelations made by 26/11 accused David Coleman Headly and his accomplice Tahawwur Hussain Rana.

If Pakistan did not want to provide the voice samples to India, it could hand them over to the US for examination, Chidambaram said. The US had also confirmed that that there are terrorist training camps in Pakistan, he added.

Chidambaram contended that the authority of Pakistan's civilian government had "further diminished" in the aftermath of the May 2 US raid in Abbottabad that killed al-Qaida leader Osama bin Laden. Things would not improve if the military and intelligence agencies continue to play a dominant role, he hinted.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Thursday, June 09, 2011

E-coli outbreak hits N Europe

European countries have traded blame over the source of a mysterious bacterial outbreak that has killed 14 people and sickened hundreds. German authorities have identified cucumbers from Spain as contamination sources. A third, suspect-batch from either the Netherlands or Denmark is also under investigation.

German authorities have warned consumers to avoid eating cucumbers and ordered some products removed from store shelves.

The measures were implemented following a recent outbreak linked to contaminated cucumbers.
European health experts said the outbreak was the largest ever in Germany and one of the biggest of its kind worldwide.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Monday, June 06, 2011

GDP growth seen at 8.2 per cent year/year

The economy is expected to have grown 8.5 per cent in fiscal year 2010/11 that ended in March, just below the 8.6 per cent estimated by the government, and up from 8 per cent a year earlier, the poll showed.

Forecasts for the full fiscal year growth ranged between 8.0 per cent and 8.7 per cent.

FACTORS TO WATCH

Industrial output grew an annual 7.3 per cent in March, smashing forecasts on the back of a revival in capital goods production.

Services sector gained momentum in April, with strong growth in new business orders, a HSBC survey showed early this month. Manufacturing sector maintained its strong rate of expansion in April, helped by higher output and employment, the latest purchasing managers' index ( PMI )) data showed.

While both input and output price indexes fell from the highs seen in March, they remained way above the 50 mark as soaring fuel and raw material prices drove up costs and fed into output prices, a clear indication that high inflation was here to stay.

Inflation eased to 8.66 per cent in April, but upward revisions to past readings and the prospect of higher energy prices will keep pressure on the RBI to raise interest rates in June and maintain its hawkish stance. The Reserve Bank of India (RBI), which has been one of the most aggressive of major central banks in tightening policy, early this month raised rates by a higher-than-forecast 50 basis points and said it was willing to sacrifice a bit of growth to tame inflation.

The RBI has raised its policy rate nine times by a total of 250 basis points since March 2010.

Most economists in a recent poll expect the RBI to raise rates by at least another 75 basis points in 2011.

Monsoon rains, which are vital for boosting farm production and rural incomes in the nation of more than 1.2 billion people, have been forecast to be normal in 2011.

MARKET IMPACT

Bond dealers said a March-quarter GDP growth number of around 8.1-8.3 per cent will have little market impact.

However, they said a number below 8 percent could push yields down by 4 to 5 basis points as the market has been heavily sold in recent sessions, while a number above 8.5 per cent could push up yields by 2 to 3 basis points.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Friday, June 03, 2011

Relations between ISI, CIA have improved: Gilani

Relations between Pakistan's Inter-Services Intelligence (ISI) and US spy agency CIA - that were strained after the secret mission in Abbottabad that killed Osama bin Laden - have now improved, Prime Minister Yousuf Raza Gilani said on Sunday. Talking to journalists, Gilani said Pakistan has made it clear to the US that Abbottabad-like operation was not acceptable to it, The Nation reported.
AQaeda founder bin Laden was killed in a secret operation on May 02 by US Navy SEALs in Abbottabad, near the capital city of Islamabad. Pakistani security agencies were not informed about the mission.

Regarding a commission to investigate the Abbottabad incident, the Prime Minister said consultations with different political parties were underway and the commission would be constituted after completion of the process.


An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting


IIPM in sync with the best of the business world.......

IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Friday, May 27, 2011

Government in Standby Mode Regarding Petrol Price Hike

With global crude oil prices on the downswing, the UPA government is adopting a wait-and-watch policy before taking the political plunge to raise prices of controlled petroleum products —diesel, cooking gas and kerosene.

Though the buzz was that the Empowered Group of Ministers (EGoM) — which is authorised to decide the increases — was likely to meet on June 9, sources said there was no official confirmation from the EGoM chairman’s office to freeze that date for the meeting. The delay in holding the meeting, first scheduled for May 11, has eased the headache for the UPA as the under-recovery has significantly climbed down, except in the case of domestic LPG, from what was estimated at that time.

Based on a fortnight-ago prices, the losses in June on petrol would be a meager Re 1 a litre compared to Rs 5.50 estimated when its price was last raised on May 15. Loss on diesel would be down to Rs 12.45 a litre versus Rs 16.17 in the first week of May. Similarly, the under-recovery on kerosene would be around Rs 26 from Rs 28.28 a litre. However, under-recovery on cooking gas would climb to Rs 380 from Rs 329.73 per cylinder.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

IIPM Prof. Arindam Chaudhuri on Internet Hooliganism
Arindam Chaudhuri: We need Hazare's leadership
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management

Thursday, May 26, 2011

Headley says he was trained in espionage by ISI

Mumbai attacks co-accused David Coleman Headley has testified that he received espionage training against India from Pakistan’s spy agency Inter Services Intelligence (ISI).

“ISI did provide me (espionage) training,” Headley told a Chicago court as he was grilled by the defence attorney Charles D Swift on the third day of the trial of Pakistani-Canadian Tahawwur Rana, another co-accused in the 26/11 attacks, in a Chicago court.

The statements formed part of the testimony of Headley, who has pleaded guilty.
The ISI training to Headley was provided by Major Iqbal, who was his ISI handler, in a two-storey safe house in Lahore near the airport, the Mumbai terror suspect told judges during the course of questioning by Swift.

Headley told the court that when he met Major Iqbal in 2006, he expressed dissatisfaction at the military and espionage training that he had received from the Let earlier.

Headley told the defence attorney that this training in espionage against India was given to him in Lahore on the streets and a safe house near the airport.

Despite repeated questioning, Headley said that he did not know the full name of Major Iqbal, but was sure that he was from the ISI.

He was introduced as Major Iqbal to him. Headley said he never went to the ISI headquarters and added that he was introduced to Major Iqbal by military personnel, a fact corroborated by the unsealed document.

When questioned by Swift, Headley told the court that both the ISI and Major Iqbal trained him for espionage against India. He was expected to go to India, make contacts.

The ISI and Major Iqbal were particularly motivated by the fact that he was US born and an American national, this would have concealed his real identity in India.

“They (ISI and Major Iqbal) wanted me to have a business so as to have the ability to have a long tern stay in India. In discussion with them I suggested it to take the help of Dr Rana’s (Tahawwur Rana) business to get this objective,” Headley said.


An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

Wednesday, May 25, 2011

Blast near US Embassy in Peshawar

Pakistan suffered yet again when a blast that took place near US Embassy in Peshawar killed two and injured 29 people.

A suicide car bomber struck a police facility in an army cantonment in Pakistan's main northwest city early Wednesday. Pakistan news channels are calling it a terrorist attack.

Though no group immediately claimed responsibility for the latest attack, it added to fears that it will be a bloody summer as Pakistani Taliban and other Al Qaeda affiliated groups carry out threats to avenge the Al Qaeda chief's slaying.

The bomber's target early Wednesday morning appeared to be a building belonging to the police's criminal investigation department, but Pakistani army facilities also were nearby, said Liaquat Ali Khan, a senior police official in Peshawar.


An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

Monday, March 21, 2011

VIKAS JAIN, FOUNDER MEMBER AND BUSINESS DIRECTOR, MICROMAX - HOW HE OVERTHREW THE DOMINANCE OF BIGGIES LIKE NOKIA, LG... AND MORE

Will your product portfolio remain similar for these markets as well?
To begin with, it would remain same, but later on we would like to localize it as and when we see the need.

Don’t you think you are entering the international markets too soon?
I don’t think it’s early. I think there’s enough market available and the company has enough resources to do more than one thing at the time. What’s more important is to be at the right place at the right time and that’s what we are doing.

How will your launch portfolio play out?
12 handsets at the time of Bangladesh launch, 10 for UAE and 7 for Sri Lanka. These are devices from our current portfolio and as we spend more time in these markets, we will look at scaling them in accordance with the needs and demands of each market.

What are your upcoming devices for the Indian market?
Hopefully, 3G services will be rolled out during Diwali and we would like to time our 3G portfolio along with that. I think with time, 3G would be a big part of the portfolio. We would see many more devices with bigger screens, and more smartphones. We don’t want to sell a technology, but a solution, which our customers can experience and have its worth. We would also be looking at Android devices around that time only.

Can we look forward to push mail devices as well?
If things go well, we’ll have push mail on more than one device by the next month.

How do you plan to benefit from your international exposure?
This gives us higher exposure into different markets, and brings in opportunities. For example, Micromax had its smartphones ready, but could not launch it in India as there were no 3G services available. But in a small country like Sri Lanka, 3G has been available for the last one year. So this territory can now help us to take our portfolio to a next level.

What about your service centre strength?
In India, we have 520 service centres and our target is to have 1000 by the end of this calendar year as we are looking to double up our sales base from one million units to two million in this financial year. In international markets also, we are trying to give a similar experience to our customers. So, while we have 22 collection points and 6 services centres in Bangladesh, the count is 54 and 3 in Sri Lanka and 13 and 1 in Nepal respectively.

Do you follow the same branding strategy in international markets as well?
Our phones are different from any other phone in the market. We have always looked at bringing utilitarian things in the market with the help of our devices and I think customers are smart enough to understand the same. So far, all our success has come from this strategy only.

What’s next on your agenda for the Indian market?
We want to have a top of mind recall of 10%. We already have that much market share, but we would want to see the same percentage saying Micromax should be their first preference while buying a cell phone.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

Friday, March 18, 2011

A. K. AGRAWAL, DIRECTOR – BUSINESS, MND EDIFY EDUCATION, EXPLAINS WHY AND HOW...

What are the challenges you have faced as a leader for Edify?
One of the major challenges is Government regulations on investment in education sector and land conversions. Another challenge is availability of quality human resource in the education sector for various reasons.

How would you describe your personal success story separate from the success story of Edify?
We see Edify among the leading educational institutes in South East Asia by 2015. We look forward to create a society of progressive thinking individual who will contribute to the intellectual development of the global community by initiating positive changes in the social fabric, the technology and administration of our lives and businesses and in the approaches employed to realize individual and collective aspirations.

What are the lessons a leader like you should take from the past generation of CEOs?
Optimum utilization of available resources and people management are two important lessons I have learnt from my father. Also the wisdom of knowing when to speed and when to balance is another essential aspect that the past generation CEOs have gained which we need to master.

One leadership trait which is must to have in a leader to succeed.
A leader must be passionate about his work, must learn continuously and remain open to new innovations.


For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

Wednesday, March 16, 2011

Punit Kapoor, AVP & Branch Head, MRM Worldwide India - TV Advertising

Brand Speak

Punit Kapoor,
AVP & Branch Head, MRM Worldwide India

Lufthansa as a brand has always been perceived to be for the elite class. Is that the positioning that you are trying to achieve for the brand?
I think it is just a perception, which may have been true earlier... not anymore. As a traveller, I will want more options on the net and when I compare prices, I will want the best possible one. Today, our perception is changing – we are localising our campaigns.

Talking about localisation, why haven’t we seen Indians being featured in your campaigns?
That is intentional. Indians are very aspirational; and keeping this in mind visually is very important. Another reason is standardising; you will see the same girl all across the globe so the connection is simple and easy. Localisation is coming because of consumer needs but as far as the brand strategy is concerned, the image has changed. We also have faces looking European/English; but yes, a globalised face.

If radio ads make sense, then why not attempt TV advertising too, as both target the masses?
We were very convinced from the start that we will never use TV for advertising. The radio medium has emerged [faster]. Everyone in our TG is travelling and on-the-move. As they are not in offices, so the medium serves right.


For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

Monday, March 14, 2011

TARUN RAI, CEO, WORLDWIDE MEDIA

With the introduction of more international travel magazines in India, competition in the particular segment will soon reach to new levels. What do you have to say about the change in market dynamics?
The runaway success of Lonely Planet Magazine in India is bound to encourage other international titles to enter the country. I welcome these new titles as they will create more interest in the category. And I am confident that none of them are as comprehensive and credible as Lonely Planet Magazine is.

India is a price sensitive market. Do you have any specific strategy to deal with it?
The feedback that we have got from our readers is that they find immense value in Lonely Planet Magazine. A price of Rs.100 seems appropriate. I believe compared to the other travel magazines, which are also priced at Rs.100, we offer much more information and more than 50 percent more pages.

But the magazine still is an extremely niche magazine. Would you perchance plan to broaden this focus ever in the future?
Travel is not niche and neither is our magazine. Every month our circulation numbers are increasing tremendously. The rate at which the travel market and travelers are growing, the magazine has the potential of being one of the largest English language monthlies.

The magazine market in India is expected to grow at 12% this year. What is the market share you are targeting?
While market share data is not available, we believe we are increasing our market share. In the last few years we have gone from being a two consumer magazine company to ten titles now. We are now in many categories including women, fashion, celebrity, auto, interiors, film and now travel. The pace of our launches is quickening. We are launching a top end design and architecture magazine called Home Trends. This is a magazine based out of New Zealand and has 11 international editions. We will be launching another magazine targeting young adults in October this year. This will be followed by a very big launch in January next year. All these launches and the cementing of our existing titles ensures that we garner a larger market share as we grow.


For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

IIPM in sync with the best of the business world.......

Wednesday, March 09, 2011

The Exclusive ICMR-4Ps B&M Annual Insurance Survey

The Indian Council for Market Research (ICMR) on behalf of 4Ps Business & Marketing magazine undertook a perception survey amongst Indian consumers already buying Insurance to find out buying behaviour, attitudes and perception towards insurance products.

A structured questionnaire was used in the random sampling technique. The respondents chosen were primarily aged between 35-45 years. The Survey was conducted in five cities of India (Delhi, Mumbai, Kolkata, Chennai and Bengaluru) with a sample size of 1,200 respondents. It was made sure that the respondents coming under the purview of the survey had life or general insurance policies. In case of general insurance, the respondents were asked to specify whether they were having health, motor, home or any other type of insurance. However, under the final analysis of the survey, separate segments under general insurance have been clubbed together. Each of the respondents was asked both open ended and closed ended questions. Please note that figures have been rounded off in some cases.


For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

Monday, March 07, 2011

Ruined by invaders, looted by foreigners

Tourism and museum authorities in India claim that cost is the biggest hurdle to promotion and maintenance acts. But they could pick up a lesson or two from museums in US and Europe, which have made their way round such issues by creating unique business models, be it through selling merchandise, membership cards, exhibitions or simply tickets et al. For instance ‘The Natural History Museum’ and Victoria & Albert on an average mints 50% of their maintenance cost through membership fees and shows (as per the museum curators). Not depending upon government grants, these museums have marketed themselves well and have therefore become self-dependent. “But issuing membership cards or organising shows are not simply enough, unless you have the right audience, and for that you need to offer something special to the members of your museum,” says the curator of the Queen’s Gallery at the Buckingham Palace Museum.

There is another learning from the West. To cajole the right audience, museums in US and Europe visit educational institutions and theatre halls to promote themselves. accepts K. K. Muhammed, Superintending Archaeologist, Archaeological Survey of India, “Finding out the right audience is not a big challenge if you can create interest amongst today’s generation for museums. I think in such an attempt, we need to do a lot to attract Indian visitors to our museums.”

State-run museums can also learn from private museums in the country like Albert Museum (nearby City Palace) in Jaipur and Raja Dinkar Kelakar Museum in Pune, where the business of experience begins from the very guards, who wear attires of ancient days and entertain the visitors with traditional amusements. The Akshardham temples have become brand icons in the way even religious history could be presented through a museum-like experience. Clearly, there is much that needs to be done by the government.

There are some who believe that the script of state-run museums isn’t that bad and that the government is trying its best. Subash Goyal, Chairman, Indian Chamber of Commerce, Aviation & Tourism, says, “The government does grant funds for maintaining the museums and a part of it is being utilised for marketing also.” As is quite evident, the allotted funds are either not being utilised well (even misutilised) or, well, not being utilised at all.

It is however clear that we have missed out on getting our heads up about our national treasures, as Goyal confesses, “At times we do miss out to sustain interest of the visitors.” When you visit the Louvre in Paris, you will find all details given on ‘Monalisa’, but those who visit Shri Jayachmarahendra Art Gallery in Mysore will see the famous works of Raja Ravi Verma displayed with no details about either the paintings or the creator. Till this happens, we will need to work towards rectifying the irony of museums which don’t flourish in a heritage and historically rich country like India. The problem – unique; the remedy – common. Spend an extra dime and highlight the USP to get rid of the irony we say!


For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2011.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

Thursday, March 03, 2011

‘PULL’ FOR MUTUAL FUNDS

The Indian mutual fund industry is abuzz with a new advertising mantra, which is to create a pull factor as a new way of communication for funds, unlike the push factor, which existed earlier. This is post SEBI’s regulation where the commissioning is being made limited to the distributors. As a result, mutual fund companies are advertising heavily for their products to support the distributor in order to enable customers to understand their products. According to Nipun Kaushal, Head – Marketing, ICICI Prudential Mutual Fund, “The aim is mainly to reach out to more people and make products beneficial to them. We are currently not focusing on above-the-line activities.” In comparison to a regular fund requiring Rs.4-5 crores investment, a new fund offering usually requires 10-15% higher investment in terms of adspends on regular fund. Sarabjit Kaur Nangra, Vice President – Research, Angel Broking said, “Getting more investments depends on performance of stock markets (and not ads). If PSU-favourable funds look exciting, investors will obviously deploy more money into that fund which is heavily advertised. The other reason is that equity investments in retail is hardly anything in terms of asset allocation, although there is potential to garner money from retail investors.”


For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting

Monday, February 28, 2011

New RS. Symbol?

One may not necessarily know either Jitiesh Padamshali, Shahrukh J. Irani, D. Udaya Kumar, Nondita Correa Mehrothra or Shibin K K but if all goes well, then the new symbol of the Indian rupee will be the design work of one of the five. A new symbol for the Indian rupee (which till date is abbreviated as Re, Rs. or INR) will ensure that it joins the select elite club of major currencies like US dollar, European euro, British pound and Japanese yen all of which have a unique identification symbol. It is perhaps the growing influence of the Indian economy that has promoted the Indian government to initiate the move to have a unique symbol for the currency and is intended to convey the brand value of the currency and the nation, one which takes into account Indian ethos and culture. As a matter of fact, the initiative could not have come at a better time when whispers for a new global currency are only growing louder day by day. Nevertheless the moot question is will this make the Indian currency internationally acceptable for trading or is it a mere cosmetic improvement?


For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine

IIPM B-School
Arindam Chaudhuri
Rajita Chaudhuri
Planman Consulting