Wednesday, August 27, 2008

Salt: sweetest thing of all

The lives of 30,000 villagers is on stake in Andhra Pradesh

Even the limited livelihood of 11 villages of Prakasam district in Andhra Pradesh is under threat. The 30,000 villagers have been using this land as an aquifer for ground-water recharge and as a pasture for some 22,000 heads of their cattle. Ever since the land was leased out by Andhra Pradesh Government to Snow White Salts, a company which processes salt for commercial use, the villagers have been agitating against the move, as this salt factory will deprive the villages of drinking water and all forms of livelihood, including salt-processing. As per official data, some 90% people in these villages are in one way or another, involved in salt-processing activities. Moreover, since the aquifer for water lies below their lands, salt production will also contaminate groundwater.

After the lease was cancelled in 2003 (after four years) Snow White Salts, challenged this decision in court, and as a result, in May 2007, the court cleared the lease, in-spite of decision against the factory by the regional and state pollution boards. The villagers displayed their resentment by 22 km padyatra led by Communist Party of India’s state secretary. The only demand of these protesters is re-allotment of 565.55 acres of fertile land. Even after the lease is being restored - till 2019, the protesters are still having hope. These people are ready to fight for their rights and are still waiting for the government to turn the table in their favour. This is indeed a paradox, wherein the representatives of people are working against people’s will.

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
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IIPM in Financial times (Print Version)
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Tuesday, August 26, 2008

Innovating, only to make a real mess of it all...

Everybody’s got it wrong this time – the markets as well as the policy makers...

The financial crisis that began late last summer in US, then took a brief vacation in September & October, is back with a vengeance. And market players seem truly horrified – because they’ve suddenly realised that they don’t understand the complex financial system they created. Before I get to that, however, let’s talk about what’s happening right now.

Credit is to the financial markets what motor oil is to car engines. The ability to raise cash on short notice, which is what people mean when they talk about “liquidity,” is an essential lubricant for the markets, and for the economy as a whole. But liquidity has been drying up. Some credit markets have effectively closed up shop. Interest rates in other markets have risen even as interest rates on US government debt, which is still considered safe, have plunged.

The freezing up of the financial markets will, if it goes on much longer, lead to a severe reduction in overall lending, causing business investment to go the way of home construction – and that will mean a recession, possibly a nasty one. Behind the disappearance of liquidity lies a collapse of trust: Market players don’t want to lend to each other because they’re not sure they will be repaid. In a direct sense, this collapse of trust has been caused by the bursting of the housing bubble.

The run-up of home prices made even less sense than the dot-com bubble but somehow financial markets accepted crazy home prices as the new normal. And when the bubble burst, a lot of investments that were labeled AAA turned out to be junk. But what has really undermined trust is the fact that nobody knows where the financial toxic waste is buried.

How did things get so opaque? The answer is “financial innovation” – two words that should, from now on, strike fear into investors’ hearts. OK, to be fair, some kinds of financial innovation are good. I don’t want to go back to the days when checking accounts didn’t pay interest and you couldn’t withdraw cash on weekends.

But the innovations of recent years – the alphabet soup of CDOs and SIVs, RMBS and ABCP – were sold on false pretenses. They were promoted as ways to spread risk, making investment safer. What they did instead was to spread confusion, luring investors into taking on more risk than they realised.

Why was this allowed to happen? At a deep level, I believe that the problem was ideological: Policy makers, committed to the view that the market is always right, simply ignored the warning signs. And free-market orthodoxy dies hard. Just a few weeks ago Henry Paulson, the Treasury secretary, admitted that financial innovation got ahead of regulation – but added, “I don’t think we’d want it the other way around.” Is that your final answer, Mr. Secretary? Now, Paulson’s new proposal to help borrowers renegotiate their mortgage payments and avoid foreclosure sounds in principle like a good idea (although we have yet to hear any details). Realistically, however, it won’t make more than a small dent in the subprime problem. The bottom line is that policy makers left the financial industry free to innovate – and what it did was to innovate itself, and the rest of us, into a big, nasty mess.

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
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IIPM in Financial times (Print Version)
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Monday, August 25, 2008

THE EAGLE IS CRASHING

The colossus is stumbling. In the geo-strategic, economic, political and diplomatic arena, the United States is rapidly losing power and goodwill. Is this the beginning of the end of the American dream?

Sometimes, just a glance at the cast of characters can decide the fate of the play unfolding in front of your eyes. Consider the following: It is 1945 and you are a bewildered global citizen staring at the debris of the Second World War. Europe, Japan, Korea & China are devastated ruins. Yet, there is hope. For the United States has emerged as the colossus replacing two centuries of British imperial rule. The doughty Harry Truman is the American President. His man for Europe is General George Marshall – of the now immortal Marshall Plan that rebuilt and resurrected Europe. His man for Japan is General Douglas McArthur, the Gaijin who won the hearts and minds of shattered Japanese people. Helping Truman is the towering British Prime Minister Winston Churchill. Helping them are Hollywood superstars like Humphrey Bogart, Grace Kelly, Clark Gable and Audrey Hepburn who helped America project soft power like no power ever in history had done. That was the American era.

It is 2005 and you are a global citizen bewildered at how Afghanistan, Iraq & Palestine have been decimated and destroyed. Eisenhower is long gone and leading America is a man who cannot even be a pale shadow of great American presidents – the Texan cowboy George Bush. His man in Iraq is not Marshall, but Paul Bremer, the man who annihilated Iraqi hopes of survival. His man in Afghanistan is not McArthur, but Hamid Karzai, a man who cannot step out even onto Kabul streets without being surrounded by American bodyguards. Helping Bush is Tony Blair. Fittingly, Bush too is projecting soft power, with the likes of Michael Jackson, Britney Spears and Paris Hilton.

More than 50 years after America accepted the daunting challenge of leading and guiding the free world, the magic has worn off, the sheen has vanished and the mighty superpower is now almost akin to the emperor without clothes. Says Brent Snowcroft, former American Secretary of State in an exclusive chat with B&E, “There are new kinds of actors and we’re feeling our way as to how to deal with them. Indeed, we don’t influence what happens in the world to the extent we used to do in Carter and Regan era.” Joseph Nye, the Dean of John F. Kennedy School of Government is even blunter when he says, “Success in the war on terrorism depends on Washington’s capacity to persuade others without force, and that capacity is in dangerous decline. The US has become so unpopular that being pro-American is a kiss of death in other countries’ domestic politics.” It is not just in geo-strategic arena that America is vulnerable and on tenterhooks. Even on economic front, the magic of American capitalism seems to be waning. The economy is recording unprecedented trade and fiscal deficits, deficits that simply cannot be sustained. China has about $1 trillion forex in dollar currency notes; Japan holds more than $ 750 billion; India

Bailouts may lead to total collapse

What is your outlook on US economy and US housing? Now we are exiting the era of cheap money as central banks across the globe are going into a contraction mode. This has some serious implications on the housing sector which has kept the US economy afloat, till now. Banks pursuit to keep inflation in check has seen a slump in housing, adversely affecting consumer spending and economic growth. Now housing prices have started cooling down in the US and banks now have to make a choice. In essence, what I wish to express is simply that bailing out some rotten financial institutions (I guess all of them are) with monetary measures is far from certain to succeed and – most importantly – such bailouts may lead down the road to a total collapse of the US economic and social system.

So what, according to you, is going to be the future course of action for the central bank in the US? Is there any way out of this dilemma? Once housing weakens in earnest, which it has, and other asset markets such as the Dow Jones decline by about 10% from their highs, the US central bank will continue to reduce interest rates in giant steps and print money to support the economy. This will eventually lead to a collapse of the US Dollar and in bond prices, and will pave the way for an imminent recession amidst high inflation.

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)
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Saturday, August 23, 2008

Two step back

CTL is more bad than good
When about 72% of crude oil requirements are imported, CTL or the coal-to-liquids technology is ought to impress the polity. The three-member Investment Commission recommended CTL for India and is planning to start the same in next few months. Even the Indian finance minister is planning to give them select coal blocks. And as always, the pomp and show of this new initiative overshadowed the two most important aspects i.e. environment and health.

As per MIT study, this technology requires large energy inputs which in turn result in 2.5 to 3.5 times output of CO2 by burning conventional hydrocarbons. Long-term exposure to residues from CTL plant would result in Anaemia, Asthama and Leukaemia, and various other respiratory problems (as it was with Africa). India’s weak hold on implementing pollution control measures will increase the malaise many fold. Moreover, when the whole world is working on non-conventional sources of energy production, India is moving backwards with this highly capital intensive and highly polluting technology.

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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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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Friday, August 22, 2008

Who is R-Com’s biggest competitor?

Anil Ambani stands today a worried man. The battlefield is ripe, the trumpets have been blown, and it’s now just a question of who starts the war...

Yes, guess the answer. Who is Reliance Communications’ biggest competitor giving Anil sleepless nights? We’ll give you some hints... This is a company that now has India’s largest next generation convergent digital network, comprising over 165,000 kilometers of fibre optic cable, not only in India, but also across the European, American, Middle East continents, apart from Asia-Pacific. If that’s not enough to give the creeps to Anil, fathom this! The company now has the largest fixed wireless customer base; it’s now the largest carrier of wireless data; it has over 50% market share in the enterprise data services category. And of course, it is now the second largest telecom services provider in India with a humongous subscriber base close to 38 whopping million! And it’s not Bharti or Vodafone, or even Tata Teleservices. In fact, the biggest competitor that R-Com is facing as on date... is R-Com itself!!! Because, notwithstanding the potshots he continues taking at the companies around him, the fact is that the Anil Ambani of today is envisioning a telecom future that is completely dominated by R-Com’s products and services, a future where the only space Anil will leave for competition is... outside the industry! That is the future...

Cut to 2003, the past! January 14, the industry sees frenetic and frantic activity! The topic: Reliance Infocomm launches Reliance India Mobile in a magnanimous fashion. Competitors feign emotions ranging from openness to straightforward contempt. How much could a new entrant add to market growth? How could petroleum firm managers and energy industry upstarts even think of making head or tail of a sector like telecom? And that too when the launch was on a so-called (outdated?) Qualcomm technology called CDMA, which had never been marketed on such a mass scale by any company in India, public or private. Criticism was cutting and painstakingly harsh, with an objective to prove that the Ambani clan’s telecom dream would remain... just a dream. And then, July happened! On July 1, 2003, Reliance Infocomm presented the now historic marketing move titled ‘Monsoon Hungama’, an offer that allowed any individual to own a mobile phone (and the service) for just Rs.500! Nobody in their wildest imagination could have perceived that this mite of a tactic would pack a punch that would send almost all competitors reeling and bloodied and would also thunderingly rework the sectoral growth forecasts in one go! S. P. Shukla, President, Wireless, R-Com, commented exexclusively to B&E, “We were the first company to say that we will take mobility to the masses. I’m sure everybody recalls the mission statement of our founder Chairman (Dhirubhai Ambani) who said that he would consider the telecom business as having achieved its goal only if it could make mobile telephony available to the masses at a price even cheaper than that of a postcard.”

Think about it. Till July 2003, the total mobile subscriber base of India was just a relatively puny 12.6 million! Airtel was comfortable with 3.07 million, BSNL was ‘cruising’ at 2.26 million, Hutch was competing with its 2.1 million, and others (BPL, Idea Cellular etc) had, yes, others. That is, it took all these companies eight ringing years since the launch of mobile services (in 1995) to reach these figures. The concepts of price wars and handset bundling were strategies that had never before been used in the industry... that is, till the time the ‘Ambani clan’ arrived and showed the world what competitive strategies really meant!

Cut to the present day, December 2007, and you’ll have a hard time digesting the growth figures. The total mobile subscriber base in India has electrifyingly crossed a mind boggling 250 million!!! Although Bharti – with over 51 million subscribers – has maintained its numero uno position (but one gained only after having a first mover’s advantage of 8 long years), there’s a stupendous new claimant to the numbers game. Reliance Communications. In this cutthroat industry that boasts of deeply entrenched and extremely acerbic rivals, and even after being hit by the grim cloud of family estrangement and fallout, Anil Ambani’s R-Com has now breathtakingly reached a staggering mobile subscriber base of 38 smashing million. This figure in itself is 300% of the total industry size in July 2003. And look at where R-Com is as on date. We caught up for an exclusive in-depth conversation with Subroto Das, Head GSM Group, R-Com, who commented, “Reliance Communications has a series of firsts to its credit. Its leadership position across business segments – wireless, global and enterprise broadband – provides the visibility for continued growth and value creation. It not only has the largest fixed wireless and enterprise data customer base in India, but is also the largest wireless data carrier, largest retailer of wireless handsets, largest PCO operator (more than 50% market share), largest carrier of international voice calls (more than 40% market share), as well as being the largest international data provider in India, Middle East and Asia!”

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
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Thursday, August 21, 2008

Small is beautiful, but for how long?

KARAN MEHRISHI feels that Maruti Suzuki has to go beyond its small car portfolio and brand image to retain its dominance in India

There was a time, some 25 years ago, when Maruti Suzuki was known for the radical 800. The model was sensational because it was miles ahead of Ambassador and Fiat. Today, the name of India’s largest car maker is associated with the sizzling SX4, and captivating compacts like the Swift and Alto. The image transition has gone in sync with new occupants in the company’s corner room. The same will happen in the future as CEO Jagdish Khattar retires the day you read this piece, and gives way to expat Shinzo Nakanishi.

Despite an overall market share of 47%, and an even higher 70% in the compact (small) car segment, Nakanishi’s job isn’t going to be an easy one. The Indian market is complex, and changes regularly. Competition is creeping in on Maruti, and exposing its strategic holes. However, given its economies of scale, access to technology and models from the Suzuki (of Japan) stable, and the ability to tackle competitors’ path-breaking models, Maruti may be set to retain its dominance in the Indian car mart.

B&E analyses the challenges that Maruti Suzuki is likely to encounter, and how it will deal with them. small is beautiful: Maruti is the undisputed king of small cars. But its throne is being rattled by entrenched players like Hyundai Motor and Tata Motors (with its proposed Rs.1 lakh car), and newcomers like Renault and Bajaj Auto. This is critical as an Indian auto manager, who participated in a survey by University of Michigan and an IBM’s division, said that if the Tatas “really come out with a $2,500 car, there will be, at a minimum, 10-15% shift from two-wheelers to four-wheelers.” The survey added that “other predictions are much greater – some say a million consumers will migrate.” However, Maruti’s managers feel that the concept of the Rs.1 lakh car may not have as many features, and is unlikely to take a concrete shape. The buzz is that the Tata car may be priced much higher at Rs.1.6 lakhs. Still, Suzuki is not taking it easy. It has already announced its plan to launch a new, unnamed small car by next year. At the same time, it wants to be ready for consumers who may opt for the higher-priced models. So, apart from Alto and Swift, it will launch the Splash.

It may not be a bad strategy. Experts indicate that sales of the higher-priced compacts will zoom further. Wrote Vivek Vaidya, a brand management consultant, “Volumes for tomorrow lie in upper B segment…. Affluent first-time customers are likely to find upper B segment attractive. The offerings in this segment combine the best of both worlds – maximum space inside the car and manoeuvrability of a small car. The success of (Tata) Indica and (Fiat) Palio suggests that this is the segment of future.”

For Complete IIPM Article, Click on IIPM Article

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

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ZEE BUSINESS BEST B SCHOOL SURVEY
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IIPM in Financial times (Print Version)
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IIPM makes business education truly global-Education-The Times of ...
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Wednesday, August 20, 2008

The absolute puppet president!

There are less reasons to be confident about the prospects of democracy in Pakistan
As a junior officer in the army, Musharraf must have yearned to become a general, so that he doesn’t have to obey orders from above. On becoming a general, he realised that the president & the political class were still above him. So he went on to grab total power in Pakistan to fulfil his ambition of being the absolute boss. However, little had he appreciated that even after being uncrowned king of Pakistan, he was not free to decide on his own. Now, he has the US President Bush, constantly breathing down his neck, leaving Musharraf almost no room to be an independent leader. Such is the condition of Musharraf that he had to renege on his 8-year-old decision to shunt out from the country Nawaz Sharif & Benazir Bhutto. So intense is the US pressure on Musharraf that he has no option but to hobnob with the politicians he hates to love. With both Nawaz & Benazir back in Islamabad to spearhead their election campaign & Emergency still intact, the Pakistani politics & its polity are in doldrums. Whatever the outcome of the January 8 elections, Musharraf is living with the self-belief that he would remain the President till eternity. It is indeed a sad story that intelligent people like Musharraf simply refuse to learn from history, which clearly informs that the days of a dictator are always numbered. And more often than not, the dictator meets a tragic end. But ferociously ambitious general is blissfully unaware of the ground realities. The moment he relinquishes command of Pakistan army & becomes a true-blue civilian president, the new army chief may treat the President with almost same disdain with which Musharraf used to deal with the political tribe.

The world may feel that democracy is returning to Pakistan, but one thing is clear, this is a democracy, which is being opposed by many, including the army. This democracy is being imposed by the Americans, who are not only deciding, which leader will enter the country on which date, but also determining the final outcome of the elections with army’s help. Therefore, to expect such a flawed democracy to last long will be as foolhardy as to expect communist take-over of America. “Pakistan today stands at the crossroads; everything is in a state of flux. The short-term picture is clear, but to imagine long-term sustainability of democracy in Pakistan, where the civil-military relations have hit an all time low, could be gross misreading of the situation,” Dr. Smriti Patnaik, a keen Pakistan watcher and a fellow at IDSA told B&E.

The biggest mistake, which Musharraf committed eight years ago was to dismantle the mainstream political parties, paving the way for fundamentalists to take control of the political capital and hold the nation to ransom.
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
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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 :: 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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Tuesday, August 19, 2008

Are Bush & Mush nuclear allies?

America holds crucial leverage over both, the Pakistan nuclear weapons & Musharraf

The recent political unrest in Pakistan has again revived the old debate. How secure are the nuclear weapons of Pakistan? One thing is clear. Protecting Pakistan’s nuclear weapons, either through coercion or through inducement, have occupied the centre-stage of the Bush Administration’s South Asia policy in the post-9/11 order.

Fuelling the debate, a well-referred intelligence journal recently claimed that the US took control of the Pakistan nuclear assets soon after September 11. In what could open a Pandora’s Box in US- Pak strategic affairs, the journal stated that Pakistan was given an ultimatum by the US to either allow the Americans to take control of the nuclear weapons or to be prepared to face the consequences. If Pakistan protested, “the US would be left with no choice but to destroy those facilities, possibly with India’s help,” stated the journal. “This was a fait accompli that Musharraf, for credibility reasons, had every reason to cover-up & pretend it never happened, & Washington was fully willing to keep things quiet,” it added. Earlier the US press had reported that the Bush Administration had already spent about $100 million to help Pakistan secure the nuclear safeguards. A New York Times report claimed that the US was building a training centre for nuclear security inside Pakistan. Does the US really have a grip on Pakistan’s nuclear arsenals? Is it the major reason for uninterrupted Bush’s support to Musharraf?

It is a fact that Musharraf has used the threat of a possible jihadi takeover of arsenals to ensure American support even for his dictatorial moves. The central goal of the general’s strategy is to convince Washington & the European capitals that the nuclear country would be plunged into deep crisis if he was removed from the helm. This ‘deluge-after-me’ strategy appears to have gone down well at least with the US. The military regime lets the Americans enjoy control over the warheads, in return the US continues its assistance to Islamabad. This was evident when State Department spokesman Sean McCormack said, “... ultimately, the major responsibility for that (securing arsenals) falls with the Pakistani Government. They have made public comments to the effect that the arsenal is secure, that they have taken a number of different steps to ensure that. We ourselves see no indication to indicate to the contrary.” The question, however, is that how long the ‘super power’ & Cold War ally continue this cat & mouse game? How long the US continue its support for a general who is almost disowned by his own people? The classic crisis the US faces is, it can’t disown Pakistan overnight. But the longer it extends support to Musharraf, the deeper Pakistan’s falls. The more, not the merrier, at least in this case.

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
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IIPM Ranked No1 B-School in India
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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

Monday, August 18, 2008

TANTALISING TV

Thoda aur wish karo, IPTV and HDTV karo

A visit to the Dhirubhai Ambani Knowledge Centre in Navi Mumbai gives one a glimpse of Anil Ambani’s massive plans for IPTV next year. Innovative features include a huge database of all Bollywood movies & songs on a pay-per-view basis, facility of online books for kids, the ability to view content at the time of your choice, a remote control that can double up as a phone and even a card swipe facility to pay your bills. For those who had concluded that TV would lose its popularity over time, think again!

Indians are getting ‘more’ than cable TV, in fact much more than they had ever bargained for. In the television content distribution space, ‘digital’ will remain the buzzword for the upcoming year. Plenty of action is expected in the DTH, IPTV and HDTV space. India will receive its first HDTV channels, and customers will have the convenience that they can be billed for exactly the channels they have watched and for the exact duration on the IPTV platform; and as for add on services, the sky is the limit.

In terms of technology and services, IPTV is supposed to witness heated action as Reliance has announced its plans for the platform and market buzz says Bharti is also planning to launch their IPTV services. MTNL (with its content partner Aksh Optifibres) happens to be the only IPTV service provider in the country that has rolled up its sleeves to throng the space with new services and technology. In year 2008, the next thing up on their agenda is to launch video calling and interactive gaming services. Through interactive gaming a user, sitting at his home, will be able to play live games with other users in the country, with the help of a TV set and its remote; no need of a PC or a joystick.

The next launch for IPTV from MTNL and Aksh Optifibres will be A-tube and A-shop. A-tube will be a video yellow pages service, which will give you information in video form. Let’s say if you are planning a holiday in Goa, you can watch a complete video on Goa tourism, which will include what all places should be visited, what are the travel agencies and other related advertisements, promotions and information. Similarly A-shop will enable you buy a product on your TV with the help of a click, very much like e-shopping, but you won’t need a PC or internet connection for that. There will be a display of products and you can click on which product to buy and the person will deliver the product to you and collect the money from your home. This channel could be definitely explored by marketers since the internet per se has not picked up that much as a medium in India.


User behaviour mapping is another feature, which is expected to be launched on the IPTV platform by next year. It tracks a user’s television watching habits. It will track what all channels you watch, which kind of programs you prefer on those channels, and what are your timings of television viewing. It has benefits for the service provider as well: the service providers can actually bill the customers for the particular hours they have watched television. Elaborates Kailash Chaudhari, Managing Director, Aksh Optifibres, told B&E, “Let’s say a consumer watches Zee TV from 7 to 8 pm, Sony from 8 to 9 pm and Star Plus from 9 to 10 pm. With user behaviour mapping, we will be able to charge him for watching these channels only for that period.” Don’t you see the boon out here for advertisers too? They will be able to exactly find out which channel provides them with the best value for their investments and efforts.

Apart from IPTV, HDTV services will also be launched in the year 2008. Aksh Optifibres plans to launch the first two HDTV channels of India by late next year. Already, new channels like 9X are making their broadcasts on the MPEG4 platform, which makes them ready for HDTV. Adds Kailash Chaudhari, “The two HDTV channels that we will launch next year will be of English content as Hindi content is not available on HDTV as of yet.” Of course, that status quo should not persist for long; Hindi as well as regional languages could be going the high definition way pretty soon. So just fasten your seat belts for a complete new television experience in the year 2008. In fact, you can prepare yourself for an experience that goes far beyond basic TV viewing. Ask for more, and more is exactly what you will get from the television service providers in the coming year.

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 ...
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Thursday, August 14, 2008

BRIDGING THE HEALTH DIVIDE

Now a doctor in Mumbai can connect with a patient in Bolangir

According to the latest CRISIL report on healthcare, 70% population of India resides in rural areas but more than 75% doctors are based in cities. For the poor villagers, access to healthcare is still difficult, and access to super-speciality services is not even heard of in these far flung areas. However, with the advent of technology, one can now actually think of making medical services available in these inaccessible areas. At the core of Telemedicine is an amalgamated effort to bring together Communications Technology, Information Technology, Medical Engineering & Medical Science. It results in a customised software, integrated with computer hardware, that’s connected to diagnostic instruments like X-Ray machine, Cardiogram & BCG.

“Telemedicine gives the perfect platform for providing greater interaction facilities among physicians, and between physicians and specialists. This can minimise the isolation of rural doctors as well,” says M. R. Madhava Murthy, Executive Director & CEO, SN Informatics, which is engaged in the development of low-cost ICT solutions for bridging the urban-rural healthcare divide. ReMeDi-Soft, developed by Neurosynaptic Communications & Medintegra WEB from Apollo Telemedicine Networking Foundation are other similar initiatives, which allow real time video-audio conferencing facility, electronically keep patients’ medical records, medical data transfer facilities at extremely low bandwidth.

But the biggest challenge in this area is to make the medical community to accept and use the technology. Especially because the technology is still costly. Although the cost of communications, and those of video conferencing equipment are reducing day by day, the cost of real-time telemedicine services are still very much. At present, they are not affordable by majority of the poor and rural patients. And we know, a solution can’t become one, unless it is cost effective and universally available. For the corporates, the problem is that the development of rural telecommunications is still expensive, yet loss-making. So, not many, except for state-owned entities, wish to invest in rural areas.

Slowly, but surely, some answers are emerging to wrinkle out these issues. “We are planning to open more telemedicine centres and intend to tie-up with IT companies also. I think there will be many foreign IT firms, who will be willing to forge such collaboration,” says a confident Dr. Prathap C. Reddy, Chairman, Apollo Hospitals. So, telemedicine can indeed bridge the rural-urban health divide and connect a doctor in Mumbai through video conferencing to a patient in the remote district of Bolangir. “Telemedicine, in our opinion, is one innovative technology, which if used effectively, would help improve efficiency of doctors as they would be able to treat more patients,” affirms Sudhir Nair, Head, CRISIL Research.

Even telemedicine is only an interim solution. For poor patients will still need to access institutions for surgery. The real health revolution globally will only come, once blood-cell-size devices become cheap. For then, like polio & other shots, they will be implanted in bodies of every villager. And the devices will cure human beings from inside. Then, there will be no need to visit any doctor anywhere. And even telemedicine will be 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

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
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domain-b.com : IIPM ranked ahead of IIMs

Wednesday, August 13, 2008

WHEN HARRY MEETS SPOCK

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

Your world has changed – from the materialistic to metaphysical, from the real to virtual, and from presence to telepresence. The one that’s unfolding before you is one where an energising Captain Spock may actually meet an apparatating Harry Potter. Ironically, as a child, you have read a lot about this new world. For, it will be a society full of magic, sorcery, enchantment, wonder, thrill, excitement and, of course, fear. The only difference: this time, technology gods, Brahmins and futurists will drive this transformation.

For example, University of California’s Institute for Telecommunications and Information Technology is experimenting with wall-size screens, super high-definition projectors and extreme Net connections to relay images and sounds. And these will be as real as real can be. Dubbed telepresence, it will allow you and me to be present at two places at the same time. Remember, how Hermione used the ‘time turner’ to do exactly that!

What’s required to achieve it in the world of modern muggles (who can’t do technology magic) are high-bandwidth connections, nearly 5,000 times faster than your home ones. “It’s at that point that telepresence becomes possible,” says the University’s Director, Larry Smarr. He adds that “if it’s life-size, you can’t tell the difference if it’s real people on the other side, or an image.” If it happens, you can easily have your cake and eat it too. The ‘presence’ world will also change as intuitive interfaces track any user (you and me) on any network (mobile or computer). The end result: the moment you leave your office, the nearest pizza joint will flash your favourite virtual menu, or offer you a yummy take-away meal that you normally eat once a week. Since your gadgets will be interconnected, they will work according to your whims and fancies. Imagine, your mobile being automatically on voice mail the second you walk into a meeting.

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 ...
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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 ...
domain-b.com : IIPM ranked ahead of IIMs

Tuesday, August 12, 2008

Best & Worst, Mutual Funds

Anand, who had been raking in big moolah from his aggressive mutual fund investments over the last couple of years, never bothered with the above precautionary statement, blurted out in fast-forward mode at the beginning and end of every bucolic communication emanating from various asset management companies (AMCs). He is not alone. For most retail investors going alone in the surging equity markets, friends, associates and tele-channels, proved to be the first and last advice centres. And as the markets were running faster than a doped athlete (with mutual fund houses offering returns as high as 100%), investors threw caution to the winds. But what goes up, comes down. Struck by incessant market volatility presently, mutual funds are no more the safe haven that they once were. Returns have fallen worse than a pack of cards over the last few months, and people like Anand are learning their lessons the hard way.

However, when summing up the best and worst mutual funds over the last one year, based purely on their performance (returns), Anand’s story appears to be just one side of the coin. There are funds that have delivered an annual return of close to 50%. Reliance Diversified Power Sector Retail, the best in the country, has returned 49.82%, where as Taurus Libra TaxShield and DWS Investment Opportunity fund has given 42.52% and 40.34% returns respectively, to become the second and third best funds in the country. On the other hand, UTI Growth Sector Fund-Software has left investors gasping for breath by giving a negative return of 23.43%. No doubt, it will go down in history as the worst fund between June 07’ to May 08’; this is closely followed by Kotak Tech Fund that gave an annual negative return of 22.15%.

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