Showing posts with label 4ps. Show all posts
Showing posts with label 4ps. Show all posts

Monday, April 12, 2010

The real realty show

In all the talk about globalisation, being local does have a bad name. But as per B&E’s analysis, regional centres are teeming with realty potential. And regional players are proving that staying local could actually prove to be a blessing in disguise

Media and Real Estate – the two sectors may be largely antipodal to each other in terms of business dynamics, but there is a lot that the latter can learn from the former. You may be wondering what? Consider this: Globally, print media (to be specific) has invariably been a regional industry. So there is The New York Times dominating in New York and The Los Angeles Times, which is dedicated to LA. In India too, regions have their own unique favourites – The Hindu in Chennai, Deccan Herald in Bangalore, The Hindustan Times in Delhi, The Telegraph in Kolkata, Tribune in Chandigarh, et al. Attempts by most of these dailies to go national have not been so fruitful. Similarly, it is being observed that real estate players operating out of specific regions of the country like Jaipur, Hyderabad, Kolkata, Kochi, Chennai, et al, are showing spectacular growth. What is the basis behind this trend, and is it sustainable? B&E finds out.

The broad figures are hardly regional, as the Indian real estate sector contributes around 14-15% to the GDP of the country. The construction business’ contribution to the GDP stood at 7.95% in 2002-03 and spiralled to 16.46% by 2005-06, before showing a downward trend then onwards (t stood at 11.98% in 2006-07; 9.81% in 2007-08; and 7.24% in 2008-09). The real estate business forms over 60% of the total construction business of the country. The last 24 months have been a tough ride for national real estate players. Huge debts riding on their backs, stalled construction and instability in the global real estate market further added to the woes of the Indian realtors. Hovering at 12,727.42 points in December 2007, the BSE Realty index had plummeted to 1561.01 points by November 2008 – a drop of 87.73%, before rising up to 3361.10 as on March 15, 2010.

In the second quarter of 2009, debt liabilities on national realty players like DLF and Unitech stood at Rs.150 billion and Rs.78 billion respectively. But the downturn hit them hard as the cost of construction sky-rocketed. Sample this: for the quarter ending December 2009, the cost of construction for DLF stood at Rs.6.73 billion – a mind-numbing increase of 262.75%. Even for Unitech, the cost of construction increased by 197.57% over the last year to Rs.4.47 billion. For Parsvnath Developers, the cost of construction increased by 173.75% yoy to gross Rs.1.29 billion currently. Increase in the excise duty from 8% to 10% will further add to the woes. High property rates led to decline in sales (by almost 50-60%) and national developers were forced to stall projects. Before the slowdown struck, big developers had hastily acquired land all over India to increase their land banks. Currently, DLF has a total land bank of close to 430 million square feet, of which, only 50 million square feet is under construction. Also, a lot of space acquired for launching commercial hubs could not be developed because of a slowdown in the big ticket IT/ITeS sectors.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Outlook Magazine money editor quits
Don't trust the Indian Media!

Wednesday, February 10, 2010

Murder most fowl!

After the national animal, is it the turn of the national bird to give up in the battle for survival against man? Looks like it is, reports Anil Sharma, after a spate of peacock deaths in Rajasthan

The near-divine sight of a peacock dancing in the monsoons may soon be a thing of the past. Peacock population is dwindling fast due to habitat loss, contamination of food sources and poaching. In great demand for their feathers and meat, these pretty birds are being mercilessly hunted down in thousands all over Rajasthan.

Poaching is currently the most vital cause for the plummeting peacock population across the desert state. Four peacocks were recently found dead in an agriculture field in Karoli village in Rajsamand district of Rajasthan. Police suspected it to be the handiwork of poachers. Similarly, a couple of months ago, 13 peacocks were found dead in Haleda village in Bhilwara district and another 9 in a small village in Chittorgarh district. In fact, a recent survey by People for Animals (PFA) showed that as many as 10 peacocks were being killed daily in Rajasthan! Thirty-six villages in 14 districts are marked to be the most dangerous places for peacocks in the state. “Maximum deaths are taking place in Ajmer, Bharatpur, Bhilwara, Chittorgarh and the Shekhawati belt of the state and, according to the available information, over 250 peacocks have been killed in these places in the last few months,” said Babulal Jaju, PFA's Rajasthan head. PFA feels that most of the times the incident goes unreported as peacock poaching takes place outside the forest territory due to which officials are reluctant to probe the issue. The survey alleged that the tribals, who eat the white meat of birds, are the biggest culprits. “Tribals eat the meat of the bird assuming it makes them physically strong; it is absolutely absurd,” the PFA head added.

Export of male peacock feathers fuelled by increasing demand is also a grave cause for concern in the conservation of the national bird. On an average, a peacock feather is sold at six to eight dollars in the international market. It is little wonder that large-scale poaching continues unworried.

Peacocks are also targeted for their fat which some consider a cure for arthritis. The poaching modus operandi is simple. Poisoned food is first offered to peacocks and before they are dead, they are beheaded, the crest ripped off, and then the tail feathers plucked. Some poachers, even more brutally, trap the bird first, break its legs, pull out the feathers and then kill it, just to avoid making the feathers messy with blood! According to wildlife experts, most peacocks are killed during the mating season, when they are most vulnerable as they dance around in the open and are easily targeted. Sleeping in the same tree every night is also a trait that makes them easy prey.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Wednesday, January 20, 2010

Cinema, with distinction

Rajkumar Hirani may seem to have the box office midas touch, but his real secret is his ability to bring cinema to life with a human touch. Tareque Laskar gets behind the scenes...

Most film directors would be happy just to be able to entertain. But Rajkumar Hirani is a different and rare breed. He takes on the challenge of entertaining, educating and perhaps even enlightening his audience with his work. In an age where even the entertainment standards are plunging faster and further than the neckline of actresses in item numbers, it is hard to find even a decently entertaining film, let alone one that delivers more than that. But if Hirani's films are any yardstick, then the success of the Munnabhai series and now "3 Idiots" proves that balancing commercial and critical acclaim while delivering profound messages without being heavy handed has become this man's signature and his forte. A Rajkumar Hirani film is a kind of parallel education by itself, whether you are trying to make sense of Gandhigiri or looking at the potential shortcomings of our education system. Hirani seems to have his finger on the pulse of the viewer at large and that's why he's always focused on making sure the preaching's not too heavy and the proceedings on screen never dull, remaining profound and playful in the same frame.

His journey began with “Munnabhai MBBS”, a film that resurrected Sanjay Dutt’s career, but more critically gave us all the jadoo ki jhappi. It was a surprise move from Vidhu Vinod Chopra to greenlight a comedy, but Hirani’s unique heartfelt style, Dutt’s brilliant acting, and Arshad Warsi’s unforgettable ‘Circuit’ all combined to give us a great dose of the best medicine – laughter. But behind the guffaws was the message that drew from Rajkumar Hirani’s friends who had studied in medical college. It highlighted the foibles of the medical system in a manner so heartwarming that the whole nation embraced Munna and his antics.

Friday, November 27, 2009

From pro-power to pro-poor

It is perceived that IMF is changing ideology to be more pro-poor...

International Monetary Fund’s (IMF) diminishing influence and funding notwithstanding, has been given a new and exciting opportunity by G-20 nations of rebuilding the emerging economies which are tattering under the shackles of recession. $750 billion will be pumped into IMF’s kitty to try and do that. The new Managing Director of IMF, Dominique Strauss Kahn is trying his best to restore its old glory by shifting its ideology that can satisfy even its hardest critic. It has certainly done so with Joseph Stighitz, a Nobel Laureate who had a long time antipathy for IMF’s policies, thus declaring the new polices as ‘welcome’ in Wall Street Journal. The criticism was particularly sharp for inveterate IMF’s policies of imposing conditions against granting loans. So much so, that it often used to instruct governments to cut-back on public spending as a pre-requisite for granting loans. This kind of dealings with fragile Third World economies has often proved to be its nemesis. East Asian crisis and Argentine collapse are the examples of IMF’s flawed policies based out of the US and Western Europe’s dictates.

The IMF’s present condition is rooted to its genesis since its inception in 1945 at Betton Woods Conference. Its main function then was to oversee the orderly balance of payment between countries, since there were fixed exchange rates at that time. But when Richard Nixon stopped dollars convertibility to gold, IMF’s role became less pertinent. However in 1980s the IMF found a new role for itself as a crisis-lending institution for developing countries. During this time IMF was also seen as a protagonist for US led free-market economy being imposed on frail under developed countries. However, the “Washington Consensus” as it was called, is under fire – because its prescriptive has crippled many economies causing major social and economic distress. The recession has cut the deepest among developing with IMF predicting that another 85 million people will further loose their jobs world wide in 2009.

Civil society organisations are concerned about developed countries’ lack of empathy towards their poor cousins who are languishing in miseries and have called for immediate increased aid and debt relief. There is no doubt that IMF is changing, as is acknowledged by Gordon Brown, Prime Minister of the UK, when he stated “Laissez-faire has had its day”. Lately, IMF has advocated deficit spending and monetary easing. Although it is true that IMF has disposed of laissez-faire ideology, it is not clear what kind of economic policy will it espouse? It was Keynesian world when IMF came into being, with fixed exchange rates and fiscal intervention. After this system subsided in 1970s, IMF embraced free market philosophy, and now a leftist idea has brought them back to Keynesianism. After 65 years of ups and downs, probably the time has come for the body to withdraw from its undemocratic, doctrine oriented body to a more accommodating financial organisation that will be beneficial to the majority of the world.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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



Tuesday, November 10, 2009

Ideas felled by the gun: Kennedys and Luther King Jr

It's been almost five decades since John F. Kennedy was hit in his head and throat when three shots were fired at his car. The presidential convoy was passing through the main commercial district of Dallas, driving from the airport to the city centre. A bystander alleged that shots were fired from the casement of a construction across the road. The President buckled into Jackie Kennedy’s arms, who was heard crying out “Oh no”. The President’s limousine was immediately driven at speed to the Parklands Hospital. He died 35 minutes after being shot. Within hours of the shooting, a cop approached Lee Harvey Oswald, believing he matched the description of the killer. The cop was shot dead. Oswald was arrested straightaway, suspected of being the assassin. Shortly afterwards, he was charged. The suspect was never tried as he was shot dead two days later.

So it’s over: the Kennedy epoch in which the political realisation of the majority of my American cohort was born. It was John and Robert Kennedy whose lives actually thrilled American political principles and whose murders surely catalysed, as Norman Mailer previously asserted, a “general nervous breakdown”. It was that disastrous psychic rage that gave birth to the “youth culture” of the Hippie era, with its blend of lofty romanticism and self-absorbed bliss – which, as it happens, was a predominantly fitting cenotaph for the Kennedy dream. As I spent much of that period at Berkeley, where we made up what became the international student revolution; this is what I can analyse in retrospect.

It is nearly unfeasible to overrate the impact that the presidential campaign, the poll triumph, and then the assassination of President Kennedy had on a suggestible fresh legion of Americans who were rising from the Eisenhower years and a phase of conventional stagnation. Experts had termed our direct predecessors “the silent generation”.

All that optimism, all that pledge, the Peace Corps, the initial official acknowledgment of the objectives of the civil rights movement, the splendid oratory of Kennedy's speeches were doused in what was then an “unimaginable act”.


The jolt was literally astounding. I can still, to this very day, evoke it in all its intuitive passion, as can, I am sure, approximately every American who had been conscious then. When Bobby Kennedy, too, was killed, there was a philosophical sense of ineffectuality. Possibly it was at that instant that the movements entered properly into their nihilistic stage. For, there was still a faith then that the Kennedys were two typically good men who personified the most excellent aims of America. That was, obviously, before we learned the reality about their personal lives. But strangely, even after we came to know of the inconsistency between the personal and public ethics of the Kennedys – in John Kennedy’s case, a sexual promiscuity bordering on the pathological – and of the squalid arrangements that were made to obtain women for JFK by his kin, the legacy was not entirely shattered.

On the other hand, you simply cannot listen to the name Martin Luther King, Jr and not imagine death. You may heed the words “I have a dream,” but they will undoubtedly only dole out to emphasise a picture of a plain motel terrace, a large man made small, a pool of blood. Although King was among the most famous figures of his era, when he was alive, it was death that eventually defined him.

He ate, drank, and slept death. He bopped with it, he lectured it, he dreaded it and he stared it down. He looked for avenues to lay it sideways, this weight of his own transience, but eventually recognised that his steadfast resolve on a non-violent end to the ill-treatment of his folks could just end violently.

Since the age he started speaking in public, King was preoccupied by death – assaulted by the pledge of obliteration for seeking an end to humiliation to African Americans and the commencement of parity with whites. He dishevelled the feathers of white chauvinists who grew further resolute to bring him down. There were outstanding physical threats to King.

In an illustration of bare hostility, two white cops tried to wedge his entry into a Montgomery courtroom for the trial of a fellow who assaulted one of his comrades. Regardless of a caution from the cops, King jabbed his head in the courtroom looking for his solicitor to help him get in. His behaviour put a match to cops’ rage. The cop twisted his arm behind his back and shoved him into detention. A photographer happened to click the picture.

The shot of Dr King, clad in a natty tan outfit, fashionable gold watch and a cool snap-brim fedora, flinching as he is shoved to imprisonment, is an iconic civil rights image
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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



Thursday, January 29, 2009

Will Christmas be merrier? Duh

Should the online advertising industry try to freeze the economic meltdown?! Dumb meets dumb...
To start on a positive note, the number of windows popping up aka online ads are on a decline since the past few months. Positive for the surfer, given the irritant value that comes combined with pop up ads. According to ComScore’s AdMetrix data, internet surfers were exposed to 12% less display-ad impressions per page view than they were a year ago. Whether it’s a conscious decision of the advertisers present on the digital media or just a mere coincidence, the fact is that the falling growth rate of the online ad industry is good news for advertisers! Surprised? We called it, dumb meets dumb. Well, a study conducted by Dynamic Logic, Starcom and DoubleClick in 2007 found that a 15% increase in ads on a page results in about a 10% decline in click-through rates. Well, if that is not a positive correlation, read on to get confused a bit more.

The global online ad industry is supposedly valued at somewhere around $23 billion and has registered a double digit growth from the past five years. Fortune 500 companies like Google, with more than 98% of their revenues from online advertising, are leading examples of the power of this industry. Expectably, the tanking economy contributed towards the cutting of advertising budgets of many companies. But most interestingly, there was a set of companies who shifted to the digital media in the period of this economic meltdown. Before you award us the Pulitzer, do read the inference, which is quite simple. The group of companies were those who were earlier relying on the traditional mass mediums to keep their brands very much in the sight of the consumer. Simple analysis shows how, in order to save increasing advertising costs in traditional media, these companies moved their budgets more towards online advertising in order to equate brand recall with investments. But the question then comes, when – and if – the global economies start moving out of the negative phase and recessionary trends, would these companies withdraw their current budgets from the online space?

And if that will be the case, it would surely result in making times worse for the players in the online advertising industry. Anjali Hegde, Vice President, Interactive Avenues does confirm, “As the worldwide economies will stabilise, the online ad agency will see a fall in the growth rate.” However, Hegde takes no time to highlight the fact that smart marketers – given the positive feedback with their initial online advertising experiments – will still stick to digital arena in the long run. Talking on similar lines, Deepak Singh, Director, Young Turks asserts, “The online ad industry will see a fall in growth rate as the economies will recover from this downturn. However, the fall will not be very significant.” Clearly, the prevailing economic slowdown is perhaps a blessing in disguise for the online ad agencies and online advertising media as – given their relatively lower advertising rates – they seemingly have a sustainable and strong competitive advantage over their nearest rivals, namely print and electronic media. Also is the fact that once a client, who perchance had never tested and tasted the power of online advertising, does so, there is good enough chance that the client might just stick on, irrespective of the rival media offering similar rates of advertising. Well, Christmas is just around the corner and it just seems it’s the start of an unexpected war of the fallen worlds... Duh!

For Complete IIPM Article, Click on IIPM Article

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

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
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Wednesday, January 28, 2009

IIPM News - Who loves debt?

No one really, given the market sentiments after the global credit squeeze. But Cisco Capital begs to differ, finds out 4Ps B&M’s Savreen Gadhoke

Of late, there has been an upsurge in the small and medium business (SMB) segment in the country. And riding this high tide in the sector are the various IT companies. A study titled ‘IT opportunity in the SMB sector’ by Zinnov Management Consulting reports that this segment in India spent nearly $6.6 billion during 2007-08, which is 30% of the total expenditure on IT in India during the year. Indeed great news for the IT sector, but what about a time when funds are quickly drying up? Indeed, for the SMBs, it is getting difficult by the day to maintain the expenditures for keeping pace with speed at which technology is getting upgraded, reinvented and reinnovated! And that’s where Cisco Capital comes in, to help solve the financial problems that the SMBs are facing to buy/utilise latest in the field of technology. Cisco Capital is a wholly-owned subsidiary of Cisco Systems and therefore a captive financing arm of Cisco. It however also deals directly with high-end enterprises and high end customers. It was incorporated in 2005, with an initial corpus of $150 million. It is dedicated to providing financing solutions and options to Cisco’s channel partners and its customers. In an exclusive interview with 4Ps B&M, Gautam Munish, Country Manager, Cisco Capital, discloses how Cisco Capital helps organisations derive maximum from investments in technology...

Why does Cisco need a financial services arm at all?
Cisco Capital deals in finance... rather a centre point between technology and finance. Cisco has two kinds of options whereby they invest their money – through equity investments (Cisco Venture Capital) and Cisco Capital (which is asset-backed lending practice). Cisco Capital is more focused on the debt side. We are more of a sales enabling arm rather than an entity which is focused on bottomlines.

How do you differentiate yourself from a standalone financier?
A standalone financier primarily takes only credit risk. But we, apart from taking a credit risk, also take what you’d call ‘market risk’, which is nothing but us assuming genuine residual position in the kits that we are manufacturing. So what we are offering are called Fair Market Value (FMV) leases, whereby companies who sign-on FMV leases significantly lower their total cost of ownership and also protect themselves from likely technology obsolescence issues. So if you look at the two paradigms of making any asset investment, you are firstly bothered about whether this asset will last you for the defined economic life that you have in mind. And secondly, it will help you to keep your total cost of ownership under control. Through the Cisco Capital involvement, by just getting an insurance cover on technology life cycle, they are also ensuring (because of the residual positions that we are assuming) that their total cost of ownership is also significantly lowered. These are the two tenets on which we distinguish ourselves from a standalone financier.

What are the main funding options that you provide to your channel partners & customers?
For our SMB customers, we run a special concessional scheme, whereby SMBs have the possibility of getting funding from us under our Easy Lease programmes at an interest rate of 7%. For the multi-year service contracts that Cisco offers, we also give our SMB customers funding at an interest rate of 0%. So with these options, we feel that we’ve hit the right places in the market places as far as SMBs are concerned.

Keeping in mind the original line of business of Cisco, how are Cisco Capital and the parent company finding symbiotic synergy?
By virtue of us knowing what the typical life span of technology looks like, the minute we start educating a customer, they see us more as business advisors rather than box-sellers. We are the ones who are holding the credit risk, market risk, interest rate risk and the asset risk. At the end of the day, the client also feels that he is the one who is getting all the benefits. He stops looking at us merely as vendors and takes us as business partners. So that is how we get more aligned to the practices that Cisco follows as an organisation. And because we are aligned, we share the same vision. We can educate the customer a lot better and be seen as the right kind of business advisor in the market place.

What is the total size of Cisco Capital in terms of business volume?
That’s something that we typically don’t comment on. But just to give you an idea – we have a CAGR of 80%. But we expect this to obviously slowdown because the base is getting to grow...

Are you planning to launch more funding options soon?
We realise that the advanced technology that we sell, has a longer deployment cycle as compared to foundation technologies. But an issue that our partners are experiencing is that while they need to pay Cisco for the purchase that they are making from us, they are being pushed back in realising their payments from their end customers. So we are coming out with a solution that will help our partners bridge that gap.

Cisco Capital, 2010! What will it be?
We have 14.5% penetration in the parent organisation and we expect this to move up by several percentage points by 2010. We will ensure not just business growth but also that per employee productivity rises. We see ourselves as a truly global financial services organisation and I can only see it getting better. As our businesses expand, as our portfolio gets to be bigger, how we monitor our bigger portfolio, how we stay on top of all the asset migration that our customers will end up opting for, how we will manage the entire life cycle of the asset for them – we feel that we will be in for a long haul, and we will be seen as a credible set up not just for now but for times to come.

Your experience with Cisco Capital...
I was the first person to join when Cisco Capital was formed. The entity was not even in existence though we had got the registration done. So I’ve seen Cisco capital through the last three and a half years from being a non-existent organisation to a feasible sized entity today. I’ve worked with big brands in the financial services. While those were very good, I think that this is a semi-entrepreneurial kind of a venture that has really tested my abilities. My experience with Cisco Capital has been extremely fulfilling.

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:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
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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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Friday, October 31, 2008

MODIFIED FOR YOUR PLEASURE

A lowdown on what you could do with your car for a few bucks more...

Ever since The Fast and the Furious and Dhoom (the movie it apparently inspired in Bollywood) spun their tires on the silver screen some 5-6 years ago and left some seriously impressionable kids (and more than a few adults) drooling at the sight of amazingly curvy, deliciously proportioned and meticulously modified cars, nothing has ever been the same. Oscar Wilde said, “Life imitates art far more than art imitates life.” Well, in this case it has been both in equal measure. The Fast and the Furious was inspired by the American culture (specifically Californian) of modifying cars, where enthusiasts and gear heads lovingly tuned and modified almost every nut and bolt of their cars, to get them to look and feel just right, just like a modern day Picasso. Transplanted to India by two blockbuster movies, the same culture took hold without the requisite base to support it. Meaning, that after seeing the movies, everybody wanted to modify their cars but didn’t have the faintest clue as to how to go about it resulting in a lot of copycats. “I hardly meet any car owner who has any knowledge about car modifications; they look at others and come to me saying that they want this look or that look. They pick up technical terms like turbochargers and free flow exhausts from the internet and ask me to install the component, without knowing what it does,” laments Piyush, owner of a car modification garage in Lajpat Nagar. Finding the problem widespread in our research, we at B&E magazine decided to give our readers a brief intro course on the do’s and don’ts of modifying cars and how to keep things in your specific budget while still managing to look cool.

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:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
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

Thursday, October 23, 2008

When the world deceives Honda, it receives a warm ‘India’ welcome

Masahiro Takedagawa, President, Honda Siel shares his India stance and future plans. A B&E exclusive...
B&E: How has Honda’s India experience been, especially considering that India has proven lucky in more than one regards for Honda?
With a market share of 24%, Honda has been at the top of the premium segment. We will continue to provide the latest technology to the customer on a regular basis.

B&E: What are Honda’s small car plans for India?
We have planned a plant in Rajasthan that is currently under construction. We have a couple of models from Honda’s international line-up, which we may also consider for India in the near future.

B&E: Is launching of the hybrid a technology demonstrator?
Honda is a leader in technology and likes to make statements with technology once in a while... (laughs)

B&E: How will you market a relatively new business & Economytechnology like hybrids to the Indian customer? How many hybrids have you imported initially?
First of all we require the support of the media. Then, we have instructed all of our 80 dealerships to offer a test drive to any interested individual. We have imported about 130 units from Japan.

B&E: The automotive sector is on a downturn. Has that affected the company?
This is specific to the particular Indian market and we are trying our best to come out of the situation.

B&E: Will the 1.3l used in the new Civic hybrid also be used in the Jazz?
The 1.3l unit is too large for a small car as it does not qualify in the small car norms.

B&E: Will you manufacture the hybrids in India?
No, the cars will be manufactured in Japan and will attract a 110% duty. We cannot make the cars here because of technical issues. The government should however cooperate with us in this endeavour.

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:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
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IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Tuesday, October 21, 2008

Jhakuapara or Vandithavalam?!

Where is your next rural branch opening? It’ll help eradicate poverty!

Here’s a no-brainer – what can the rural banks in India do to the poor in the country, which the poor can’t do to the banks? Can’t guess? Read on... A paper by Burgess and Pande of the London School of Economics titled ‘Can Rural Banks Reduce Poverty?’ proves that “rural branch expansion in India between 1977 and 1990 significantly reduced rural poverty”. Sadly, even today, while corporate entities from all segments are foraying into the Indian hinterlands, national banks are literally crawling ahead at a pace which even a snail would mock!

Even as per a 2008 survey by IIMS DataWorks, only a pathetic 44.9% of “Indian earners” held bank accounts in 2007. Even worse, only 38% of those in rural India held any bank account as compared to a healthy 62% for urban Indians. If you though we were missing out the hub of capitalistic acts, here’s a shocker – even in New Delhi, only 62% of population had any bank account. And if literacy was to be blamed, hold your breath – Tamil Nadu which has close to 75% literacy rate has only 18% of its State residents making their way to the banks! Literacy be damned!

Surely, if solving national poverty has solutions, this is an obvious one. Microfinance, ‘no-frills’ banking accounts et al are simply tools by which those 80% unfortunate Indians (who live on less than $2/day), can hope for higher standards of living. A UN report also clarifies that a “voice and fingerprint navigated ATM will be of great help for the poor.” Now to answer the question asked in the first line... mmm... well, you’ve got it by now, haven’t you?!

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:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
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The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Monday, October 20, 2008

Fractured infrastructure?

Only an efficient public transport system can reduce the usage of personal vehicles

Statistics have been conspicuously crowned as the king of lies. But the fact is that there is no other logical way to prove truth other than the damn statistics. Figures don’t lie and they definitely don’t when we say that lack of proper public transit systems and infrastructure leads to high usage of private cars in India.

This trend is most visible in urban areas. For instance, Delhi has a very high rate of migration. While the population continues to rise, the city has seen a marginal rise in the number of buses in the last four years. Result: the rise in personal vehicles has been 100%. China was facing the same problem till 2006. To solve this, they came up with Bus Rapid Transit (BRT) lines in 2006. The system has been a run away hit and presently 50% of the all the trips in Chinese cities are done through public transport, majority of which are through buses. On the same lines, BRT has been started in India but is still in the trial phase and its future remains uncertain. Japan is another classic case of this trend. The market for new cars in Japan has shrunk from 7.78 million in 1990 to just 4.13 million in 2007. The reason for this is lack of proper parking facilities and the efficient public transportation in Japanese cities.

Not that high number of cars is a bad thing, but too many of them create problems. Pollution, accidents, jams are just to name a few. Indian city roads on an average occupy 12-14% of total land area. It’s 10% in Mumbai and 6% in Kolkata. The same roads carry more and more vehicles which lead to jams and accidents. “Indian cities are in the grip of motorisation which is why smooth mobility on roads is increasingly becoming a distant dream,” Anumita Roy Chaudhary, expert on transport in Centre for Science and Environment (CSE) shares with B&E. If one considers Europe, (known to have one of the best public transit system in the world), the whole economy depends heavily on efficient road transport, where 85% of the people travel by buses or coaches; which leads to less motorisation of roads.

Though there are big plans like setting up of 16 new flyovers and monorail in Mumbai, other Indian cities still don’t have such roadmaps. Indian policies, too, are not very supportive to public transportation. In other words, they encourage purchase of private cars. In India, one pays road tax only once during the purchase of car which is much less than the annual road tax paid by a public bus owner. Contrary to this, in Singapore, one has to bid for getting a licence even before buying a car.

‘More’ is increasingly becoming ‘less’ in India. However, not many want such a thing to happen. With fuel prices going up and inflation surpassing two digit figures every now and then, it is getting tough for Indian consumers to buy a car and maintain it. So, it’s only investment in public transit system that can substantially reduce this burden.
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:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
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IIPM Delhi - Indian Institute of Planning and Management New Delhi ...domain-b.com : IIPM ranked ahead of IIMs

Saturday, October 18, 2008

“The AMP target is achievable”

Dillip Chenoy, Director General, SIAM
B&E: On the Automotive Mission Plan.
DC: As far as the AMP is concerned, it is well on track and I think the 10% (as part of the GDP) mark is achievable. Earlier the government thought that the AMP was a bit conservative. Soon the Ministry of Heavy industries will start to initiate the plan and things will move in a positive direction.

B&E: Causes for general market volatility in the Indian auto market.
DC: Increased operating costs, interests rates and a depressed market is putting pressure on the industry as people are postponing their purchases. If the interests rates are reduced, it is beneficial for the consumers. When sales increase it is good because there is volume in the market.

B&E: On the resurrection of the two-wheeler industry after a continuous bad phase.
DC: The two-wheeler industry has gone through some tough times in the last few years, therefore it has now taken a couple of initiatives and plans like launching new products and schemes which have brought back the sales numbers.

B&E: On the July 2008 sales.
DC: There are three factors discussed this month, first growth of passenger vehicles has been lower then expected. Secondly, the two-wheeler industry has grown well, and thirdly commercial vehicles and three-wheeler sales have improved this month as compared to the last couple of months.

B&E: What factors helped the commercial vehicle segment?
DC: For commercial vehicles, I think that apart from infrastructure, a great emphasis has been provided by the government through public transportation programmes like the BRT. This has helped increase sales.

B&E: Is the two-wheeler industry suffering because of the four-wheelers?
DC: There is enough scope in the market; therefore four-wheeler sales will not eat away the market shares of the two-wheeler industry. We hope that the industry continues to grow at double digits.

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:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
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

Friday, October 17, 2008

American ‘prejudice’ can steamroll Obama’s ‘pride’!

The 2008 elections have quite a peculiar connection to Jane Austen’s all time bestseller
It is a truth universally acknowledged that Barack Obama must continue to grovel to Hillary Clinton’s dead-enders, some of whom mutter darkly that they will not only not vote for him, they’ll never vote for a man again. Obama met for an hour on Tuesday with 3 dozen top Hillaryites at a hotel here, seeking their endorsement & beguiling their begrudging.

The LA Times reported that Hillary die-hards want to enshrine a whine in the Democratic platform about how the primaries “exposed pervasive gender bias in the media” and call on party leaders to take “immediate and public steps” to denounce any perceived bias in the future. That is one nutty idea, perhaps because feminists are still so busy cataloging past slights to Hillary that they have failed to mount a vivid defence of Michelle Obama, who has taken over from Hillary as the one conservatives now like to paint as a harridan.

Despite Obama’s wooing, some women aren’t warming. As Carol Marin wrote in The Chicago Sun-Times, The Lanky One is like an Alice Waters organic chicken – “sleek, elegant, beautifully prepared. Too cool” – when what many working-class women are craving is mac and cheese. In The Wall Street Journal, Amy Chozick wrote that Hillary supporters – who loved their heroine’s admission that she was on Weight Watchers – were put off by Obama’s svelte, zero-body-fat figure. “He needs to put some meat on his bones,” said Diana Koenig, a 42-year-old Texas housewife. Another Clinton voter sniffed on a Yahoo! message board: “I won’t vote for any beanpole guy.” The odd thing is that Obama bears a distinct resemblance to the most cherished hero in chick-lit history.

The senator is a modern incarnation of the clever, haughty, reserved and fastidious Mr. Darcy. Like the leading man of Jane Austen and Bridget Jones, Obama can, as Austen wrote, draw “the attention of the room by his fine, tall person, handsome features, noble mien. ... He was looked at with great admiration for about half the evening, till his manners gave a disgust which turned the tide of his popularity; for he was discovered to be proud, to be above his company, and above being pleased.”

The master of Pemberley “had yet to learn to be laughed at,” and this sometimes caused “a deeper shade of hauteur” to “overspread his features.” The New Hampshire debate incident in which Obama condescendingly said, “You’re likable enough, Hillary,” was reminiscent of that early scene in “Pride and Prejudice” when Darcy coldly refuses to dance with Elizabeth Bennet, noting, “She is tolerable; but not handsome enough to tempt me.” Indeed, when Obama left a prayer to the Lord at the Western Wall in Jerusalem, a note that was snatched out and published, part of his plea was to “help me guard against pride.” If Obama is Mr. Darcy, with “his pride, his abominable pride,” then America is Elizabeth Bennet, spirited, playful, democratic, financially strained, and caught up in certain prejudices. (McCain must be cast as Wickham, the rival for Elizabeth’s affections, the engaging military scamp who casts false aspersions on Darcy’s character).

In this political version, the prejudice is racial, with only 31% of white voters telling The New York Times in a survey that they had a favourable opinion of Obama, compared with 83% of blacks. And the prejudice is visceral: Many Americans, especially blue collar, still feel uneasy about the Senate’s exotic shooting star. So the novelistic tension of the 2008 race is this: Can Obama overcome his pride and Hyde Park hauteur and win America over?

Can America overcome its prejudice to elect the first black president? And can it move past its biases to figure out if Obama’s supposed conceit is really just the protective shield and defense mechanism of someone who grew up half white and half black, a perpetual outsider whose father deserted him and whose mother, while loving, sometimes did so as well? Can Miss Bennet teach Mr. Darcy to let down his guard, be more sportive and laugh at himself?

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:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
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