Sons rise in the east

Tejaswi and Chirag plan to make impressive political debuts in 2014 and take their fathers’ political mantle ahead. Sanjay Upadhya reports

They are young, stylish and trendy and could hardly be described as icons of backward politics which their fathers espoused with such fervor. Tejaswi Yadav and Chirag Paswan, sons of Rashtriya Janata Dal (RJD) strongman Laloo Yadav and Dalit leader Ram Vilas Paswan respectively, are here to stay and carry the political baton ahead in Bihar.

With their fathers’ career not particularly on the upswing, it is but natural in the Indian scheme of things that children take over. In the recent past, both have made their presence felt in the political corridors of power launching scathing attacks on Chief Minister Nitish Kumar for his ‘misrule’.

Both of them have many things in common – apart from political lineage. One was a budding cricketer, the other a wannabe film star, their innings nipped early in the bud. On their fathers’ invaluable political advice, they have so far kept away from day to day politics, preferring to keep ‘social mission’ as their motto – as of now.

At the recent Parivartan rally in Patna’s historic Gandhi Maidan, Tejaswi thundered like a trained politician, aiming his guns at his father’s bête noir Nitish Kumar.  Young, energetic and soft spoken, Tejaswi represented Jharkhand in Ranji Trophy and was part of Delhi Daredevils in IPL.

He is set for another innings,now that cricket has not paid adequate dividends and what better than to take daddy’s mantle ahead? Blue-eyed Chirag Paswan, who had a small role in eminently forgettable ‘Mile Na Miley Hum’, realized that the film industry was the prerogative of Kapoors and Khans. So? Next stop politics of course.

A Paswan aide confesses that Chirag is being trained for building bridges with the Congress and Rahul Gandhi. “I won’t say I and Rahul Gandhi are best friends, but we have grown up together and our families are very close so I did not have to convince Rahul to watch my maiden film,’’ Chirag said during a recent election campaign. He had earlier told TSI: “my heart beats for films and politics is in my blood.’’ It is common these days to see giant cuts outs of Chirag posing with dad Ram Vilas, all in style mind you. At the main gate of the Lok Janshakti Party (LJP), a smiling portrait of Chirag welcomes all with folded hands. Like Tejaswi, Chirag’s attacks on ‘uncle’ Nitish are polite and non-inflammatory, away from the rough and tumble of Bihar politics.

Sensing change in the political air – with the Maharajgunj Lok Sabha bye-elections victory and the JD (U)-BJP split as the background – Laloo Yadav is set to provide 40 per cent tickets to youth. Party insiders say it has already been decided that the command of the youth brigade would be given to Tejaswi.

When Yadav Jr. is in town, he is busy preparing his list of youth volunteers. He is a regular visitor to the RJD office encircled with friends. He takes keen interest in party affairs without being overbearing and is reverential towards the party’s senior leaders.

Father Laloo Yadav is playing a vital role in Tejaswi’s baptism. In 2010, he formally introduced his cricketer-son in politics. “Look at Tejaswi, he is going to do wonders in politics. He is good orator,’’ a beaming father had told a press conference. During the 2010 assembly elections, Tejaswi addressed many political meetings but despite his presence in Raghopur, mother Rabri Devi could not win.

However, the induction of the two siblings has raised the specter of dynastic politics, a cause which had propelled their fathers to political super stardom in the salad days of the JP agitation back in the 1970s.

JD(U) and BJP leaders allege that RJD's Parivartan rally was aimed at handing over the baton – an extension of Laloo’s move to install wife Rabri Devi as chief minister in the bad old days of the fodder scam. Post-fodder, Laloo build his bridges with the Gandhi-Nehru family, since everything is deemed ‘fair’ in politics.

That has not enthused other members of the Laloo Yadav clan. His brothers-in-law Sadhu and Subhash, both power centres in the days of RJD rule, are particularly miffed. “Jijaji ab satta mein kabhi nahi aayenge,’’ (brother-in-law Laloo will not never come to power) predicts former MP Sadhu Yadav.

Laloo, who had once described both Sadhu and Subhash as his energy tonic, is now keen to give them the short shrift. One insider says both the salas (brother-in-laws) are not allowed entry into the Laloo Yadav household.
However, the canny RJD strongman had given enough indications that “all my children have careers in politics ahead of them.’’ The time to blood one of them has arrived with the 2014 General Elections on the horizon.

Now, with the advent of Tejaswi, it is clear that the party’s youth wing is going to be headed by him. RJD has already announced that 40 percent of party tickets will be distributed to young leaders. Clearly, the 2014 elections will be the right occasion to keep dynastic politics going ahead in good stead.

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Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman

ExecutiveMBA

The unputdownable!

Subrata Roy Sahara should come out winning on all fronts in the current face-off with SEBI! And why the erroneous Supreme Court judgment against Sahara goes beyond Parliamentary Acts and is being misused by SEBI to its own benefit! BY Arindam Chaudhuri

There are a few things about Subrata Roy Sahara that even his harshest critics accept. That the man is a visionary – his mammoth investments in media, housing, hotel, sports and other industries being compelling evidence. That his open assertions of being a patriot have their weight in the various behemoth social initiatives undertaken by his group – with no apologies to the slanted English media in India which, I feel, hypocritically slanders anyone who represents the ‘other’ India (lest you should forget, it was this very media that shamelessly reported gossip a few years ago about him being ‘critically ill’ and on his deathbed; no surprises then that the same English media chose to ignore reporting how sprightly he was while meeting UK Prime Minister David Cameron a few weeks back in a closed door meeting discussing educational and research initiatives). And yes, that the man religiously knows his numbers and has a financial acumen that is better than the combined intellect of all Indian regulators in the industries where he operates.

There are a few things about India that even its damnedest supporters don’t deny. That the License Raj era spewed out a few handfuls of family businesses that shamelessly chewed away the very idea of India, criminally sucking it hollow by monopolising industries, encouraged by corruption soaked politicians – and encouraging them in return. That this venomous combination over the decades led to a jaundiced India that today has hundreds of millions of illiterate people below the poverty line; that has no global brands to speak of, but many billionaires borne out of the excesses of the License Raj era (I call most of them ‘blood billionaires’, given that they’ve made the money on the blood of Indians). That the same group of blood billionaires, in cahoots with a similar group of corrupt bureaucrats (regulators included) and politicians, have fought and will fight tooth and nail, criminally and illegally, to ensure that there is no new honest and ethical claimant to their industry space, especially if such an entrepreneur were from the proletariat.

That Subrata Roy Sahara titles himself as the Managing Worker of his group only adds to the ire of India’s caustic bourgeoisie, which, hand in hand with the English media, would be loath to have such an unabashed community representative of workers amongst their well ‘oiled’ and ‘greased’ group. So every time Subrata Roy Sahara and his likes attempt to tread the path of diligent and astute effort – assuming the same equated to returns – they’re pulled down acerbically and vindictively by the group representing the old, feudal India. You see, this group believes that only they know how India should be run and by whom. Look around and you’ll see many examples strewn across India of how honest upstarts have been trampled upon by the powers that be before they could gain ground – wherever there has been anyone attempting to improve the condition of India, they’ve had a horde of regulatory, tax, police and judicial bodies running up their door to initiate the so-called enquiries and ‘search’.

The current face-off that Subrata Roy Sahara has with SEBI actually exemplifies all this too well. A group that has issued OFCDs (Optionally Fully Convertible Debentures) since the year 2001 with all relevant government permissions, and which has regularly submitted all details as required by the concerned government authorities, suddenly gets a prohibitory order from SEBI in November 2010 against the OFCDs issued by two unlisted group companies (Sahara Housing Investment Corporation Ltd. and Sahara India Real Estate Corporation Ltd.) – and this despite the fact that just seven months before that, SEBI had, through its own communication to Ministry of Corporate Affairs, commented that as these were unlisted companies and had not filed a draft red herring prospectus with SEBI, any complaint with respect to these two companies should be handled by the Ministry of Corporate Affairs. What changed between April and November 2010 that led SEBI to issue such expansive orders without appropriate investigation? Especially when, as per SEBI’s own rules, they had and have no role to play in the case of unlisted companies that have no intention to list in the future. Was it that the Commonwealth Games scam and the telecom scam (both of which reached their zenith in mid-to-late-2010), was getting too hot to handle for the parties in power and they needed diversionary tactics?

SEBI was undone by some scrupulous individuals within the system itself. In December 2010, the Department of Legal Affairs, Government of India, noted in its official report (FTS No.4140/LS/2010), “The company in the given case being [an] unlisted company and not intending to get its securities listed...cannot be said to have gone in the fold of SEBI by merely becoming a group company of an unrelated separate company which has no intention to get its shares listed...” Ministry of Corporate Affairs, in its written submission to the Allahabad High Court in 2010, mentioned, “The issuance of OFCD [by] the petitioner company after the registration with the Registrar of Companies has been permissible under law. The Central Government remains the regulating authority for the company.” The Additional Solicitor General of India, Mohan Parasaran, in his official opinion note dated February 8, 2011, confirmed with extreme clarity after documenting multiple pages of logic, “For the reasons mentioned above and in my considered view, SEBI has no jurisdiction over unlisted companies like the Sahara Group of Companies, which are not intending to get themselves listed.” Two days later, in an official noting, the Minister of Corporate Affairs, Veerappa Moily, noted, “I agree with [the] Additional Solicitor General Mohan Parasaran.” It should be noted that Parasaran is now the Solicitor General of India.

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Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year

BBA Management Education

Beyond Matryoshkas & Marshrutkas

With its fabulous museums, rich cultural life, breathtaking architecture and history in every nook and corner, Moscow, beyond doubt, will remain forever etched in your heart. By Saurabh Kumar Shahi

Sheer mention of the word Moscow evokes myriad of imagery among the Indians of all age group. For the people in their mid-50s and beyond, Moscow evokes the best of Soviet Union days. A mishmash of culture, literature, politics—both cladestine and otherwise—heritage and much more. For children, Matryoshka Dolls and Nikulin Circus evokes pleasant memories. But then, there is a sudden blackout. As USSR disintegrated in the early 90s and India started looking for greener pastures, the affect was seen widely. The flights between Indian cities and Moscow dwindled as their national carrier, Aeroflot, started making news for the wrong reasons. Lured by the post-Cold war Europe and further West, tourists started looking for more options. Amidst all these, Moscow started slipping from the radar. A decade or so later, it remained a shadow of its former self.

However, as it is said that one bounces back after hitting the rock bottom; the same stood true for Moscow as well. The over exposure of Western cities, the desire to explore what is near and the plain nostalgia has put Moscow back on the travel map. Meanwhile the city has added so much to its profile that a fresh look has become necessary.   

Basics first. If there is one carrier that has completely reinvented itself in the last few years, it is Aeroflot. Gone are the days of rickety planes, soggy food and torn carpets. Aeroflot now boasts of one of the youngest fleets of aircrafts in the world served by Boeing, Airbus and indigenous Antanov and Ilyushin. It has direct connections to almost all the big metropolises in India and has a sector leading luggage allowance.

Moscow, because of its sheer size and importance, is served by as many as four international airports. However, without exception, if you are not planning to take your private jet or sneak inside a commercial jet, you are most likely to use either Sheremetyevo or Domodedovo International Airports. The flights from India lands at the former, which is new and splendidly equipped.

AeroExpress serves the connection between airport and Belorussky Railway Terminal in the city centre that are half an hour apart. This is the cheapest and the easiest way to reach Moscow downtown. You can take taxi too but it is costly and will take much longer time amidst traffic snarls especially during peak hours.

Going around in Moscow is a breeze. The city boasts of one of the most efficient and widespread metro networks in the world. The lines are laid out in such a way that one can see the entire city without being away from the metro station anywhere. There are cards for multiple trips and transfers are free. Stations, as well as the city, have destinations and roads written in both Cyrillic as well as Roman scripts, and maps are readily available.

Muscovite are interesting people. While at the first look they might appear as reserved, the people are actually very forthcoming and any request for assistance of any kind is enthusiastically accepted. The younger lot is more expected to know English than the older people.

Moscow is a huge city and is widely spread with attractions dotted all over the map. Therefore sightseeing needs a bit of planning and commonsense. Unless you are stopping there for, say, at least a week, it is advisable to make a priority list of attractions so that you fully enjoy them by spending time which they demand. While there are many tour operators who have customized itinerary to help you out, the more daring ones can go independently relishing the city.

The first place to start is of course Red Square. Right in the heart of the city, Red Square is city's biggest and the most important city square. Known for stunning parades during (and after) Soviet Union days, the place attracts lots of tourists any time of the day. Apart from the square itself, the place also has the iconic St. Basil Cathedral at one of its corners towards the Moskva river.

Cathedral's stunning onion-shaped domes have become a sort of establishing shot for the city and one needs to spend some time to fully enjoy its architecture from both inside and outside.

Right in the middle of the square, overlooking the long brick walls of Kremlin is the mausoleum of Vladimir Lenin, where his body is preserved. A visit is a must for everyone enthusiasm in history or a lack of it notwithstanding. At the opposite end of the Cathedral is the State History Museum.  The museum has a treasure trove of centuries of artifacts that will steal your breath. You also has an option to have your photos clicked wearing a Czar or Cossack dress.

The Kremlin, the seat of Russian executive, is another must. Situated at a walking distance from the square, the place itself needs a full day to fully appreciate. Particularly interesting is the antique weapons and gems collection in the Armory. One also has an opportunity to visit several beautiful churches that dot the landscape. There are ballet shows to catch as well. One can also spend time by just sitting in one of its numerous gardens and witnessing the time fly by. Another place to spend some quality time is the nearby Old and New Arbat streets. There are numerous eateries and cafes where one can spend time.    
       
Moscow is the city of museums and galleries. While it is impossible to visit all of them, one can pick some of the most important ones such as Pushkin Museum and Park Pobedy. Pushkin Museum and its annexe is dedicated to western art and has arguably one of the world's best Impressionist and Post-Impressionist collections. Park Pobedy or Victory Park is dedicated to World War II and has impressive collection from the era. This museum also boasts of some of the world's best Diorama by some of the best masters in the craft.

If you want to relax and spend sometime with your loved ones, Gorky Park is Moscow's trendiest place to be. Dotted with cafes, open air theatres, cinema halls, theme rides and what not, the park is a must visit if you have children accompanying you. Bibliophiles on the other hand will give their right hand to visit Moscow State Library and take a look from inside. At the end, you wont be able to decide whether the impressive collection of books or the intimidating architecture that left you stunned.

Of the cathedrals, Christ the Savior Cathedral and Novodevichy Convent are the most important one. The former was detonated during the Communist era, but following the collapse of USSR, it was re-erected exactly on the old design. It is on the banks of Moskva river so one can see the panoramic view of Kremlin from here.

Novodevichy Convent on the other hand was tolerated even during Stalin years and hence survived. Taking a stroll inside the convent is heavily recommended, but even more recommended is the adjoining cemetery. Apart from the Kremlin necropolis, this is probably the most famous cemetery in the world if one considers the profile of those buried. From comedian Nikulin to author Gogol, from Chekhov to Ilyushin, from Nikita Khrushchev to Boris Yeltsin; the cemetery is full of people who were not only respected in Russia but all over the world.

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Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year

BBA Management Education

Ad hoc raj

India's border roads are in a shambles in contrast to China's aggressive infrastructural engagement on the eastern front, reports Mayank Singh

The key to sound military infrastructure are roads and if for some reason, or a couple of reasons, they become a low-priority subject for defence planners, then the basic movement of troops is likely to be affected when they are required the most. Bad or non-motorable roads, as the 1962 China debacle revealed, failed to facilitate faster troop movement, equipment mobilisation and deployment in the forward areas of the then North Eastern Frontier Agency (NEFA).

Five decades down the line, the same handicaps dominate the same topography – India’s eastern border against China's military might. Even as China has assiduously built military infrastructure along the 4,056-km Line of Actual Control (LoAC) in the three sectors – Ladakh, Uttarakhand and Himachal Pradesh and Sikkim/Arunachal sectors – the Border Roads Organisation (BRO), the country’s premier defence road construction agency  is in shambles, thanks to red tape, infighting and political apathy.

The paralysis in BRO is viewed gravely by defence analysts and military experts who have raised the spectre of low-level border infrastructure coming in the way of the country’s defences. Experts paint a sordid picture: there is high level of frustration and discontent in BRO as projects have been delayed and costs overrun are the rule, rather than exception. Insiders say the future of 72 strategic roads in critical border areas hang in balance and construction work has slowed down.

The BRO is split into 18 projects, each headed by a Chief Engineer or a Brigadier-level officer from the army.  Of them, General Reserve Engineering Force (GREF) officers head only five – the rest is with the army.  So in terms of experience and technical qualifications, both GREF and the army stand as equals – at least in theory.

Problems begin right at the top. Nearly 52 years after it was set up, no recruitment rules for the post of the Director General Border Roads (DGBR) has been made. Former DGs of the BRO, most of them army officers, accept that there is no restriction on a civilian heading the organisation. The delay in appointing heads then would seem inexplicable.

In such circumstances, operations are a major casualty. There is acute shortage of officers at the levels of Assistant Executive Engineers and Executive Engineers which are dominated by serving officers from the army. The AV Singh Committee, set up by the Ministry of Defence in 2008, was designed to improve career mobility by bringing down the age profile of commanding officers and improve professional prospects. But a cursory look at the sanctioned strength and the number of personnel posted in BRO would reveal scarcity at operational posts.

Significantly, an Indian Army grappling with its own problem of scarcity of officers, has kept the posts pending.


The BRO is a combined civil-military project. Its authorised strength comes from army, the salary is paid for from the budget of the Ministry of Road Transport and Highways (MoRTH) and the DG BRO, for instance, figures on the official list of MoRTH and is the main interface between the BRO and other ministries.

When it came to hiking salaries during the Sixth Pay Commission, armed forces had justifiably put up their case strongly. But when it came to GREF, there were double standards. Their request to have one of its officials to represent their point of view was conveniently overlooked.

There are other issues like Separated Family Accommodation (SFA) and allowances. Army officers posted in remote and tough conditions are given SFAs along with various allowances, but GREF officers in similar situations have to make do with their own arrangements. Experts say there have to be ways and means to evolve a mechanism so that there is a sense of parity in the difficult job at hand. For instance, the high mortality rate of the BRO personnel is a clear indication of the hazards they face. (See box)

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Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year

BBA Management Education

Spot on prediction

On May 31, 2009, TSI carried an in-depth cover story on how dynastic politics would hold no more water in India and that it cannot be associated only with the Congress party and that there are numerous political families in India from Kashmir to Kanyakumari. The story dug deep into India’s history and how Indira Gandhi donned the role of the Prime Minister following the death of Lal Bahadur Shastri, which happened to be the starting point of the dynasty debate. However, this phenomenon is not restricted within the Indian boundaries with the Bush and Kennedy families having already made a similar mark in America. The trend has surpassed the political field and has spread its wings in business, films and cricketing world as well. The magazine compiled and revealed a list of over 150 Lok Sabha members who belonged to some dynasty – big or small. Even as TSI did this story, the charisma of the crown prince Rahul Gandhi was diminishing. Given the lack of influence Rahul Gandhi has had on the voters, TSI was spot on in its prediction.

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Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman

International

Intel: change of guard

Otellini’s successor to come into a hard landing

The Paul Otellini era at Intel Corp is drawing to a close. Intel’s legendary CEO will call it a day in May 2013, after working for an astounding 40 years in the service of the world’s largest chip maker. The news came as a shocker, as Otellini, 62, surprised the tech community by announcing to retire three years before Intel’s mandatory retirement age. He has had a stellar record at the helm of Intel since 2005. Intel’s revenue increased by 57% to reach $55 billion at the end of 2011. He also settled an antitrust suit against Intel for $1.25 billion, and went on to convince Apple to put Intel chips in its computers.

Otellini will hand over the baton to a new incumbent at a critical juncture in the company’s 44-year-old history. Until not very long ago Intel strode the tech world like a collossus, enjoying over 80% share of the global market in computer chips and processors. But those days of glory are now a fading memory as new rivals and upstarts such as Qualcomm and ARM Holdings have eaten into the turf that was once Intel’s happy hunting ground. The company also found itself turning up late for the party as new players made rapid gains by moving in fast and capitalising on the big shift towards mobile devices.

The Intel board has begun its search in earnest for a worthy successor who can turn around the flagging fortunes of a company beset by an eroding market share and falling PC sales. Last month Intel’s Q3 net income fell by more than 14% to $3 billion on falling PC sales (its core competence area). According to market research firm Gartner, PC sales fell flat for the seventh quarter in a row during the second half of 2012 and the outlook for the future doen’t look bright either. Will Otellini’s successor be able to step up to the plate and revive Intel’s business in these challenging times?

HP: DEAL gone sour

Autonomy deal blows up in the face

Bad luck seems to have become a constant companion of the US technology major Hewlett-Packard (HP). The latest downer is it’s purchase of Autonomy, a British software company, for a whopping $11 billion last year. How HP, an old warhorse of the tech race, could have been so naive to jump at a deal, which had disaster written all over it from the word go? Autonomy’s numbers were fishy to begin with. Its stated profit margins of around 50% did not seem to translate proportionately into cash flow and its claim of double-digit organic growth in software license revenue appeared too good to be true. And despite being warned by analysts that it was forking out too high a price for the acquisition, the computer maker went ahead with the deal. Not surprising that it has now unravelled with destructive force leaving behind a toxic trail of accounting rigmarole. HP is now engaged in salvaging the situation and limiting its damages. The company has written down $8.8bn in the value of the deal. It has also fessed up to “serious” accounting improprieties at the British company. However, it will take some time before HP is able to clean up the mess and leave the stink behind.

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Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

 

For More IIPM Info, Visit below mentioned IIPM articles

 

IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman

ExecutiveMBA

LETTERS TO THE EDITOR

Distinguished teamwork

Thank you for providing me with the opportunity to participate in the Inside China article (Business & Economy cover story for the month of August 2012). I am impressed by the knowledge and expertise of the authors and the overall quality of production. Your staff did a terrific job of adding graphics, tables, photos and editorial changes to my humble story. It has received positive reviews from friends, family and colleagues for its level of professionalism and polished appearance. I especially enjoyed reading the China: Read. Learn. Repeat article by Prof.A. Sandeep. The focus on the Chinese auto industry was spot on and well written. I am pleased to be associated with such a distinguished collection of experts. Thank you once again.

Arthur C. Wheaton
Director, Western NY Labor and Environmental Programs & Faculty of Industrial Relations, Cornell University ILR School

Great issue on Reverse Innovation/Exnovation

The Business & Economy issue on ‘Reverse Innovation/Exnovation’ (cover story for the month of October 2012) was simply a great issue and I totally loved it. You have exactly captured the essence of reverse innovation. In my view, Reverse Innovation represents the biggest opportunity for India in sectors as diverse as transportation, energy, health care and education.

Prof. Vijay Govindarajan
Earl C. Daum 1924 Professor of International Business, Tuck School of Business University of Dartmouth

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Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

 

For More IIPM Info, Visit below mentioned IIPM articles

IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

BBA Institute

Exorcising the demons of the 1962 Indo-China war

Fifty years ago, India and China fought a bitter and brutal war sparked off by mutual distrust and acrimony. Today, though both countries continue to build and strengthen bilateral ties, the memory of that war still haunts the two countries .

The commemoration of 50 years of the India-China war is now upon us. On October 20 1962, China launched a two-pronged offensive in Ladakh and across the McMahon Line, overrunning Indian forces in both theatres and capturing Rezang la in Chushul in the western theatre, as well as Tawang in the eastern theatre. Then, a month later, on November 20, the Chinese declared a ceasefire and announced the withdrawal from the conflict zones.

After the war, India claimed that China was occupying about 33,000 square kilometres of its territory in the Aksai Chin region of Ladakh. China laid control over Aksai Chin, a high altitude desert, and established the current Line of Actual Control following the short border war. Despite the region being nearly uninhabitable, it remains strategically important for China as it connects Tibet and East Turkistan, China’s occupied western frontiers.

Excuses have been thrown up for the Indian military debacle. India was ill prepared; it believed in non-violence; it trusted the Chinese and in the ‘Hindi-Chini bhai bhai’ shibboleth. Fingers have been pointed, most famously at then prime minister Jawaharlal Nehru, defence minister Krishna Menon, and Lieutenant General B.N Kaul, who was in charge of the army on India’s eastern frontier. But even fifty years later, people of India are not still unaware of the circumstances and reasons that led to India’s defeat.

Successive Indian governments have refused to release the Henderson-Brooks report that investigated the lapses of 1962. The report submitted by Lt.Gen. Henderson Brooks and Brigadier P.S. Bhagat in 1963 was presented to prime minister Jawaharlal Nehru and a couple of ministers. Unfortunately, the report remains “top secret” till date. The government made a statement in Parliament on May 10, 2012 that the Report of the Operations Review Committee on the 1962 war will not be published following an order of March 19, 2009 by a Bench of the Central Information Commission as it is likely to have a security bearing on army’s operational strategy in the north-east and deployment of forces along the line of Actual Control.

According to a widespread view among many scholars of the India-China war, China wrongly believed that India was going to seize Tibet after providing political asylum to the Tibetan leader Dalai Lama. Also, India’s forward policy of building new outposts along the de facto line of control, even pushing that line forward, annoyed China immensely. According to a recently published book on the India-China war by a senior Indian Revenue Service (Customs and Central Excise) official K.N. Raghavan, India erred in unilaterally fixing her borders with China in 1954. This, along with India’s decision to give asylum to the Dalai Lama, made China suspicious of India, says the book, titled ‘Dividing Lines’.

Despite the 1962 war, the border dispute between Indian and China has proved to be a tough nut to crack. The two countries share a border that is approximately 4,000 kilometres long but border disputes continue to prevent the full normalization of relations despite almost a quarter decade of negotiations. The Sino-Indian war crystallized and enshrined the suspicions and stereotypes that each side held of the other. To this day, Beijing suspects that India, with the help of the U.S., strives to undermine its rule in Tibet in order to balance against China’s growing power.

Read more....

Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

 

For More IIPM Info, Visit below mentioned IIPM articles

 

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year

BBA Management Education

This one's for you Lance

The charges levied against Armstrong are devoid of substantive proof, and he must seek legal recourse

“I have never doped. These charges are baseless and motivated by spite,” is the response from Lance Armstrong, seven times winner of Tour de France, the prestigious cycling competition, countering charges levelled against him by the doping monitoring body, USADA, which has also stripped him of all titles and honors and banned him from competing in the future. USADA claims that Lance Armstrong has been cheating the cycling fraternity since 1996, and also claims that blood samples collected from him in 2009 and 2010 are fully consistent with their claim. What one is perplexed about is why USADA was silent for so long, if they had found the blood sample manipulation long back in 2009? Also, USADA’s assertion of Armstrong’s guilt from the 1990s lacks substantive proof.

Lance Armstrong has pointed fingers against USADA’s CEO, Travis Tygart, and has termed this as a ploy for vendetta and dismissed it as being sans merit. The Armstrong’s defense is neat and solid: he has been accused of doping for 16 years, yet in over 500 drug tests conducted to him, he failed in none.

Support is pouring in towards Armstrong – from his ex-coach Johan Bruyneel, his sponsor Nike and even from his competitors like Alberto Contador. UCI (the Tour de France organiser) has now revealed that USADA has even failed to hand over the so-called “evidence file” to UCI despite various reminders.

Read more....

Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

 

For More IIPM Info, Visit below mentioned IIPM articles

 

IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman

ExecutiveMBA

“My dream is to turn JNPT into a hub port”

Luxman Radhakrishnan, Chairman, Jawaharlal Nehru Port Trust, on the potential of JNPT becoming a trans-shipment hub and how it will benefit Indian trade

B&E: Can JNPT be turned into a trans-shipment hub? 

Luxman Radhakrishnan (LR): JNPT is a major and sensitive port for Indian trade. Last year about 56% of the country’s total volume of container handling was done through JNPT. Since JNPT is a major port on the western coast, it can also be developed as a trans-shipment port.   

B&E: What is being done to make JNPT a trans-shipment hub? 

LR: The Ministry of Shipping has identified JNPT and Kochi as hub ports on the west coast and Chennai and Vishakhapatnam on the east coast. In order to make JNPT a major hub for India-related shipping, the depth of the Mumbai-JNPT channel will first be dredged to 14 metres and then to 17-metres depth. In order to be fuel-efficient and competitive it is important for ships to be very large and this requires a hub port to have depth. My dream is to bring big ships to JNPT and turn it into a hub port, and I expect to see it happen in this decade itself. 

B&E: How will Indian trade benefit from JNPT becoming a hub port? 

LR:  It will ensure larger capacity mother vessels to call at JNPT with bigger parcel sizes. This will lead to higher productivity for the terminal operators as well as ensure savings for importers and exporters. The latter will be able to avoid trans-shipment charges and extra freight they have to pay to feeder vessels by bringing the cargo directly to JNPT in the mother ships. In the process, we will be able to save 80% of the trans-shipment revenues that currently goes to Colombo.

B&E: When do you plan to start the dredging?
LR:  The dredging to 14 metres depth for the first phase should take about 24 months to complete (from the time the work starts). As soon as the first phase is completed, we should be ready with the detailed project report. We even have the necessary clearances to take the work ahead for the second phase. The dredging for the second phase will be to 17 metres depth.
 

B&E: What are the average pre-berthing waiting time and turnaround time at JN Port?
LR:  During fiscal 2011-12, the average pre-berthing time has decreased to 8 hours 24 min. from 13 hours 40 min. in 2010-11. Even the turnaround time has been reduced to 36 hours in 2011-12 from 41 hours 2 minutes.

Read more....

Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

 

For More IIPM Info, Visit below mentioned IIPM articles

 

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

"I only bother about production volumes"

C. S, Verma, CMD, SAIL – India’s largest public sector steel company and the second-most profitable in the business in India Inc., refuses to believe that dampened economic sentiments are making life difficult for Indian steel businesses. For him, 10% is how the trajectory of growth appears for the industry. He might be right.

B&E: Besides being one of the highest profit-makers in India Inc., in recent years, the Rs. 503.5 billion topline-earning SAIL has worked on marketing its brand. How important is the brand to the company and its stakeholders?
Chandra Shekhar Verma (CSV): Today, branding activity in the steel industry in India is on the rise. And from September 1, 2012, the government of India will introduce the mandatory BIF standard, which will make branding compulsory for industry players. As far as SAIL is concerned, today, roughly 20% of our sales come from products that are branded. So, in times to come, brands and the power of branding will hold great importance for all in the steel industry. At present, we have more than 3,000 dealers and 67 warehouses across the country, so we expect branding to hitherto impact positively the efforts of SAIL as far as strengthening its front and back-ends are concerned. Investments in branding will also give us a distinguishing upper-hand over competition that is rising each day.

B&E: You mentioned competition – can you elaborate?
CSV: Today, government policy allows free import of steel from overseas – therefore it is a case of survival of the fittest. And this is again where I come back to the branding bit. We had to create brand equity in the minds of customers. Due to the marketing activities in recent past, I can say that SAIL has got a brand awareness that is unmatchable. Whenever customers or government officials talk about steel, they talk of SAIL. And the popularity of our slogan which goes as, “There’s a little bit of SAIL in everybody’s life”, proves the how SAIL has been able to position itself in a cluttered market where there are more than six to seven big players.

B&E: India’s steel consumption grew only by 5.5% in FY2011-12 to 70 million tonne due to lower demand from industries like auto, FMCG and construction. This figure shows lack of investment in industrial projects. There is all the talk about a slowdown in the steel industry – what is your take on how your company has performed vis-à-vis the industry during FY2011-12?
CSV: I don’t agree that either the Indian economy or the steel sector is facing a slowdown. India is a demand centre as far as consumption of steel is concerned, and even last year, despite an increase in production, we had to import steel to fulfil just our domestic demand. And the fact that the government has planned a total investment of one trillion dollar during the 12th Five-Year plan period is definitely an encouragement for investors and participating companies in the steel industry. Moreover, to achieve 1% growth in GDP, there has to be a growth of 1-2 times in production of steel. To be realistic, yes, we are not completely insulated from the happenings in Europe and US – the slowdown and crises across various markets have impacted India, but the fear of slowdown only lives in the mindset of people in this country. Today, the installed capacity of steel in India is about 82 million tonne a year, which is going to rise to about 140 million tone by the end of the current Five-Year plan and then to more than 200 million tonne by FY2020-21. The reason for a slowdown in the sector in Europe and US is that they are oversaturated economies and the low 1-2% growth in their economies cannot drive forward demand of steel. But if you look at growth of the steel sector in India it has averaged 8-10% over the past few years. And this growth will continue.

B&E: So you claim that the previous financial year was not a challenging period for SAIL?
CSV: Challenges were there. They still are. But the growth of more than 8% in demand and production of steel in India over the past few years, due to the India growth story, has been more than encouraging for us. There are challenges galore. More and more players are entering the industry today. The market is a free import market so if we are not cost competitive, there will be imports from China. Today, the total installed capacity of steel in the world is 1.8 billion tonne. Of this, 50% capacity is in China. And China is our next door neighbour. So, if we do not control costs and therefore prices, there will be free imports from China. So there are many more such challenges in the industry in India, but the opportunities outweigh the threats. And this is really not the case with other economies in Europe. India presents a growth opportunity for this industry.

Read more.....

Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

 

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

“We’ll try to close the gaps in our after-sales process”

Neeraj Garg, Member of Board & Director, Volkswagen Passenger cars, talks about the automaker’s plan of action in the all important Indian market

B&E: As compared to what Volkswagen has achieved in markets like China and Europe, it is still early days for the automaker in the Indian market. What it is that VW wants to achieve in India?
Neeraj Garg (NG): As a company, we are looking at becoming a key driver of the growth in India’s automobile market. After we started launching products in the high-volume segments three years back, we have been able to gain a strong position in the Indian market. As compared to a sales volume of 3,000 units in 2009, we sold 33,000 in 2010 and 78,000 in 2011. We are today the sixth-largest passenger car manufacturer in the country. Is this where we want to stop? Certainly not!

B&E: Globally, VW has a plan to become the market leader by 2018. While it is expected that the company will be able to achieve that milestone before the set year, what is your view on the market share that you would like to achieve in India by, say 2018?
NG: What I’d like to say is that if VW wants to keep growing, we will have to keep on expanding our sales volumes here. We are among the top three globally. And because India is a strategically critical market for us, we have to build a very strong footing for ourselves in this domestic market. Three years back, the awareness level of our brand was single digits. Hardly anyone knew what VW stood for. Today, that awareness level has risen by 800-900%, which is a significant jump. Although in this respect we are still way behind companies like Maruti, Hyundai and Tata – whose awareness levels range from 90%-99% – I think we have been able to communicate well with our target segment. We have the potential to climb up the ladder. However, this process will take time. Today, we are catering to only 40% of the total market with our seven-product line-up. Hoping that the industry will sell more cars than the 2.2 million cars sold last year, all I can say is that we are right on track.

B&E: You have outpaced the industry in terms of growth over the past few years. What is the action plan for this year?
NG: This is the time to check whether we are ready for the long-term growth of the domestic market or not. We plan to fill the gaps in our system and consolidate what we have achieved so far in India. For instance, since our sales network has grown exponentially, there are gaps in the after-sales process. We will also be addressing issues like manpower training et al.

B&E: And what about the novelty factor, since your competitors have launched many new models over the past few months?
NG: All our products are new in any case. Vento is one year-old, Jetta is just six months-old and Passat is just nine months-old. India is very different from the developed markets where manufacturers have to snatch away market shares of other manufacturers to grow. India has a lot of headroom for all manufacturers to grow and we will be able to scale up volumes by opening more dealerships and infusing more efficiency into our system.

Read more.....

Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

 

For More IIPM Info, Visit below mentioned IIPM articles

 

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

B&E Indicators

PE investments up 24% in 2011

Private Equity (PE) firms invested $10,117 million over 441 deals in India during the 12 months ending December 2011, compared to $8,187 million across 362 deals during the previous year. These figures, which include VC (venture capital) investments and exclude PE investments in real estate, take the total investments by PE firms over the past five years to about $47 billion across 2,062 transactions.

IT – still the hot favourite

With 137 investments worth about $1,752 million, Information Technology and IT-Enabled Services (ITES) companies topped in terms of both investment value and volume during 2011. The Energy industry absorbed $1,651 million across 43 deals, while Manufacturing attracted $1,598 across 37 transactions. Engineering & Construction companies and Food & Beverages companies also attracted special investor attention during 2011.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

 

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

B&E Indicators

Choppy commodity markets

On the back of global concerns about demand and appreciation in exchange rates, non-energy commodities have registered an approximate decline of 7.6% yoy in October 2011. Due to a decline in global industrial production, metals were the worst hit. Improving supplies also led to fall in prices of agricultural commodities. Crude prices dipped below $100/bbl due to slow demand but light/sweet crude and distillate markets will be tight in the upcoming peak winter.

Flourishing agri-supplies

A more robust supply scenario is leading to a fall in prices of agricultural commodities., led by raw materials like rubber and cotton. Most commodities have registered bumper crops like coffee (Brazil & Vietnam), fats & oils (Malaysia & South America) and wheat (increasing production in Australia, Canada, Russia and the Ukraine & Argentina). But uncertainties still remain about the longevity of this scenario.

Read more...

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

 

For More IIPM Info, Visit below mentioned IIPM articles

 

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

Laying the ground for a second coming

After years of struggling with its CDMA technology in India, Qualcomm is looking for business avenues in the smartphone space. However, its real potential seems to lie elsewhere.

The Indian telecom industry has been witnessing an unprecedented fall in subscriber additions of late. For the last 4 months, the net additions have been less than 10 million every month and still descending on monthly basis; taking the total to 611.75 million by August 2011 (COAI). However, low cost handset makers are getting upbeat about revolutionising the 2nd largest telecom market in the world even after over half of it is taken.

Riding on the wave created by Google’s free operating system Android, which surpassed Nokia’s outdated operating system Symbian in 2010, even chipset manufacturing companies like Qualcomm are eager to have their share of the pie in Android’s feast, which is all set to cross 49% market share by 2012 (Gartner). The worldwide smartphone market is expected to grow by more than 55% yoy in 2011 and around 472 million phones will be shipped through the year. It is projected that shipments will reach 982 million by 2015 with Apple’s iPhones & Samsung’s Galaxys leading the segment currently.

Many OEMs naturally believe in the low cost handset market for an emerging market like India. Qualcomm CEO Paul Jacobs shares the view. After facing significant reversals in India due to the far lower success rate of CDMA services, due to which even its largest customer RCom switched a few years back to a dual service portfolio, Qualcomm is looking to make amends. In 1990, Qualcomm pioneered the designing of CDMA-based cellular base stations, which has been its forte. Being the OEM of mobile phone chipsets, (Qualcomm CDMA technologies contributed 61% of its revenues in FY 2010), Qualcomm was once able to derive huge royalties from the companies it served with CDMA (globally, LG and Samsung contributed over 10% each in the same period). But India is very low in contrbution despite significant investments by the company.

The San Diego-based company’s strategy is to leverage the expanding availability of 3G services (as its core competency is producing 3G compatible chipsets) and after successfully tapping the biggest handset market of the world (China accounted for 29% of Qualcomm’s revenues of $10.99 billion for the year ending September 2010), the company has now decided to follow the footsteps of its Chinese competitors and bring out a sub-$100 phone with a Qualcomm chip in order to cater to the needs of the price sensitive yet feature conscious Indian market. Huawei and ZTE have already launched Qualcomm chip powered Android handsets in that range in China.

Read more....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

 

For More IIPM Info, Visit below mentioned IIPM articles

 

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face