Asian Economic Gaint

Making foes with Asian economic giant and nuclear powers is not and should not be acceptable by the people of Japan. Besides, Koizumi came to power promising that he would bring about change in Article 9, which disallows Japan from using military in solving any international issue. Abe also faces people’s ire for extending Japanese troop’s stay in Japan for another one year. Standing on a doubled edged sword, Koizumi has left behind a legacy of blunders. Shinzo Abe is already inexperienced in game of politics. He faces some major challenges.

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

Nokia N-Series

Now Nokia is banking on its N-Series and has recently launched the N85, which is a sleek model unlike other Nokia phones. This move looks clearly inspired by the competition from Motorola’s Razr phones. As Devinder Kishore, Director Marketing, Nokia India adds, “A recent consumer segmentation study completed by Nokia globally has found that a majority of the mobile phone consumers fall in the ‘style’ category. As a result, Nokia is delighted to strengthen its bond with the Indian fashion fraternity, both, through its association with Ashish Soni & India’s fashion event WIFW.” While the mass market still commands the volumes, technology and style are ruling the upper price segments. Hence, the marketers are playing on design & technology.

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

VIEWERS TO ‘ZEE’ NOW ON TATA SKY

Zee TV has been ordered by the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) to deliver all the 32 channels from its stable to the subscribers of Tata Sky (DTH venture from Star TV and Tata Group). This development is set to increase the number of channels offered by Tata Sky from the current 75 to 107. Subscribers of Tata Sky could not ask for more as they would not have to pay anything extra for these bonus channels that would be aired. Time for viewing ‘Zee’ on Tata Sky!

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

Harley Davidson

Like the Biketoberfest, for instance, which is a carnival of sorts held upon Florida’s famous Daytona Beach, where the legendary Milwaukee marauder, the undisputed monarch of the biking kingdom – the Harley Davidson – lies at the core of the festivities. Roaring in to this beach between October 19 and 22, are going to be thousands of bikers and the area will also be decked with displays of vintage, custom and spanking new motorcycles. Back in the 1920s, a tradition took shape in which, when a team consistently took home the top honours, they would adopt the mascot of a hog and even ride around the beach carrying a pig upon their back seats!

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

Asian and Chinese Markets

The performance of the VSF business was noteworthy, while the sponge iron business suffered due to lower capacity utilisation, a steep rise in input costs on lower global scrap prices. The VSF business saw revenues increase by 6% to Rs.4.41 billion while PBIDT increased by 25% to Rs.1.14 billion. The company has recently announced a JV with Hubei Jing Wei Chemical Fibre Company in China to manufacture VSF fibre. K. M. Birla stated, “Our intent is to grow even further globally in this (VSF) sector... the Asian and Chinese markets offer enormous potential for commodity and speciality fibres, in both of which our Group has a strong foundation.”

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

Technology Environment

A consolidated technology environment with the best brains at its disposal has propelled this IT major to achieve dizzying heights in a short span of time. After garnering accolades for devising remarkable cost saving business models, and a slew of partnerships thereafter with SAP, Peoplesoft, Aptech and various banking solutions firms, Hexaware has ensured that it’s there to stay as a leader in the IT arena, offering quality services to its clients. What is eminently commendable is the trust that Hexaware has managed to create Within the short span of its existence.

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

Control Unit Processor

Such homes can be programmed through a central CU (Control Unit Processor) and also have dust and CFC (Chlorofluorocarbons) resistance mechanisms. Automated home locking and alarm actuation for police facilitation services is also possible through a common call centre. So is there a market for such techy ‘homes’? Mahendru is upbeat: “Individual earnings in India are growing at a fast pace. People have money to spend on personal comforts, safety and life style.” Seems what was once possible only in snazzy Hollywood sci-fi flicks is no more a mere chimera.


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

AWESOME THREESOME!

The fight for survival gets fierce
This calls for a toast. Here’s a grand alliance, and it can’t get any bigger. Corporation Bank, Indian Bank and Oriental Bank of Commerce (OBC) have decided to be bedfellows and partners. They have signed an MoU for venturing into new vistas (capital markets, international markets etc.) and sharing resources (IT and Treasury). Many previous issues of this magazine have written about how the banking sector in India is becoming a fierce battleground for marketing wars. This alliance can make the wars even more exciting. These three banks have now become the dark horses of Indian banking industry with a combined asset base that dwarfs some of the big daddies of the sector. A cool Rs.1,318 billion is what the assets of the three players add up to, which lands them on the second place only behind SBI in the Public Sector Banks (PSB) category.

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