SBI's Operations

Yet, sheer size of SBI’s operations, helps SBI leverage and feed on the ever growing appetite of Indian business and consumer. Plus, in an industry, here one is allowed to do business worth Rs.100 with just Rs.8 in the pocket, you need players, who can withstand crests and troughs of business cycle. And SBI, which just celebrated it’s bi-centenary celebrations, is a testimony of the resilience that bank craves. Like arch rival ICICI, SBI is building a war chest of funds. The bank plans to offload a part of the promoters’ holding by way of a Follow-on public issue in the current fiscal to fund credit growth and keep pace with technological upgradations. This one’s all about pure banking, no frills attached.

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Source : IIPM Editorial, 2007

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

The next version (of internet)

The next version (of Internet) brought with it Google, Yahoo, Technorati, Digg, Del.ici.ous networks and the likes to organise the data strewn all over the place. We suddenly could search through tonnes of data. We could tag our websites and allow users to discover us without any advertising help. Social networks like MySpace, Orkut and Facebook brought us closer, or at least attempted to, by giving our ‘real’ lives a mirror image on the net. At the same time, massively multi-player online games (MMOGS), which are like the earlier versions of Sims or The Age of Empires, attempted to build communities based on ‘surreal’ lives. Online concepts like SecondLife and Active Worlds, went innovatively tangential, allowing avatar-based profile-building in online worlds, based on concepts similar to those on earth, some say akin to the Matrix trilogy – the famed movie series by the Wachowski brothers. Unlike virtual multi-player gaming concepts, the impact of recreating the real life experience has been so powerful and empowering that let alone individuals, even corporations have started building their virtual offices.

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Source : IIPM Editorial, 2007

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

Promising Sectors in India

While talking on the promising sectors in India, Promod proffers, “First of all, the entire consumer internet space & mobile internet space is very interesting. There is tremendous growth that is happening in this area. Today, India has one of the fastest growth of mobile in the world and in 3-4 years it would be the largest. The other sector would be the second generation service companies and not IT enabled companies as we are already leaders in that.” Articulating on the various interest investment areas for NVP, Promod states, “Our investments if you were to see; a lot of the investments are in the US, the front offices might be there but the backend operations might be in areas especially in Bangalore, Chennai and delhi.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

'Aam Aadmi'

I couldn’t help recall that incident while reading that Indian bureaucrats will be sent to American universities where they will be trained in delivering ‘better governance’. Apparently, promotions of the bureaucrats will now depend on their performance as students in American universities rather than back home as administrators . This is part of the effort launched by Prime Minister Manmohan Singh to reform the bureaucracy so that it can deliver better governance to the ‘aam aadmi’. Most analysts say that the main reason for the miserable state of affairs of ordinary Indians is an unresponsive and callous bureaucracy that prefers red tape, arrogance and procrastination, in place of a human touch. But that’s exactly my point.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Americans to become healthier!

GM, Ford & Daimler Chrysler have decided to work in coordination with government to change the present healthcare system in America. According to them, the present system should be fixed using the ‘value based healthcare system.’ Keeping in mind the “four cornerstones” of information technology, performance measures, transparency and payment reform, it will offer more options of better quality at lower cost to almost every American citizen.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Company's Marketing

The company’s marketing efforts have also caught the public eye through their brand ambassadors, be it Kajol and Ajay Devgan or Sourav Ganguly and Irfan Pathan. Speaking exclusively to 4Ps B&M, Abdul Khan, Vice- President & Head–Marketing, TTSL expressed confidence in his marketing efforts as, “When we launched this service quite sometime back, what we imbued upon this business was a sense of – what you see is what you get!” With its long term focus being consolidation of position as a premier service provider, the road ahead seems rough...So is it ready to take a call?

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Chlorophyll

Chlorophyll founded by Kiran Khalap and five others, The Shop set up by Freddy Birdy and Naved Akhtar (who left Mudra), Latitude23, started by Naresh Sharma and Nitin Adake and so on. “A Rs.20 crore agency can’t take on a Rs.20 billion gaint. There is a place for both,” says Easha Guha, CEO of Perfect 10. She goes on to say that her agency gives solutions to companies which are not large enough and don’t have that kind of money to afford an MNC.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative