Thursday, August 31, 2006

Indian Airlines

The initial product was special yoghurt with western flavours (Indian Airlines being the end user). Today, the company’s portfolio comprises 66 mouthwatering products, ranging from yummy mayonnaise to rocking shakes. In a high cost market segment, mostly dominated by international brands, Rajiv says, “Pricing was the key to success,” and here’s how they’ve done it. “Our products are priced at one and a half times lesser than the imported products; and we deliver fresh products,” he informs. Moreover, given the country’s climate and the perishable nature of products, international players found the going hard.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy

Wednesday, August 30, 2006

Global Behemoths like Wal-Mart and Carrefour

If global behemoths like Wal-Mart and Carrefour are planning to come to town, the RPG group – with its Rs.200 crores planned investment and long creditworthy Spencers brand – might be the least of worries they’ll have to face. The biggest headache, a debilitating one in all probability, for these international leaders would definitely be Mukesh Ambani, who plans to invest an eye popping Rs.25,000 crores, and employ a soul stopping one million employees over the next few years on retail. Reliance could well be the Indian Wal-Mart. And I’ve not even started talking about companies like Pantaloon, which have already started consolidating their presence in the retail sector. In fact, even companies like Siyaram – one of the few brands that was able to give Raymonds a run for its money – are planning to introduce retail outlets across the nation.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

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Tuesday, August 29, 2006

Shopping

But what’s interesting is that by 2015, India would have over 550 million people under the age of 20, making it a vast playground for kids and teen retailers. No wonder, in India the Walt Disney Company has decided to launch its range of toys, clothing etc designed around the popular Disney show “Power Rangers” in collaboration with Shopper’s Stop, Archies, Funskool etc. The wonder of it all is that those are not just the foreign brands and chains, but Indian retail chains too, which are gearing up for a huge expansion plan. No one wants to miss the opportunity of growth that India is offering now.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

Saturday, August 26, 2006

BITTER CHOCOLATE

COROLLARIES OF AN EXTRAORDINARILY EXPLOSIVE RELATIONSHIP!


As the twin towers came hurtling down like a stack of cards on 9/11, so did the lives of those caught in the crosshairs of that fateful day, as has been chronicled ad infnitum. The affected meander through life with eyes wide open and minds firmly shut, distraught with the turn of events. And in what can only be termed a volte-face on conventional coverage of the horrific happenings, Ken Kalfus makes one peruse the ponderings of twisted souls deriving a perverse sense of pleasure from this titanic tragedy, in A Disorder Peculiar to the Country. Heaven hath no rage like love to hatred turned, nor hell a fury like a woman scorned.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

Friday, August 25, 2006

Skyhigh Petrol Prices


Be it Los Angeles or London, New Delhi or Sydney, dinner conversations inevitably turn into a lament about skyhigh petrol prices. Ascending numbers at the gas pump have become a horrifying fixture in the economic thinking of consumers worldwide except the lucky chaps in oil producing nations, where a full tank can still be had for small change. Unfortunately, this does not apply to the two leading economic locomotives in Asia – China and India. Both nations are almost fully dependent on oil imports to keep the cars honking and the industry humming. Projects to broaden the use of alternative fuels have not ascended above the line of marginality yet. Not that nobody was trying hard. Biofuel production is becoming a priority fast.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

Tuesday, August 22, 2006

__, BORROW, STEAL

BANNING CHILD LABOUR QUESTIONED

In the sweltering heat in a hot summer afternoon in Delhi at a traffic signal junction, people instantly look for cover the moment they come out into the open. For the calculated moments that those bright spots of lights make caravans wait, some feet spring to life. In their hands they carry books and periodicals celebrating the bold and the beautiful. Displaying them in the best possible manner, people waiting for the green light are implored to dig into their pockets. Combining suitably the elements of begging and marketing, these market beggars with their sun-baked and charred faces seemingly do not feel the heat. Ironically, the periodicals that they carry might have a columnist spewing venom at the government’s ignorance to child labour issues.


For Complete IIPM - Article, Click on IIPM-Editorial Link

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

Monday, August 21, 2006

Space Exploration

In such a scenario, private participation into space exploration has been welcomed by onlookers globally. Another cutting philosophy supporting withdrawal of governments from investing in space travel, is that the money could be better spent on social development; more so as the oft touted claim – that other planets would provide access to huge amounts of resources which will benefit humanity – has never seen the light of space! And while critics portray the future foray as a repeat of colonial expeditions of the 15th & 16th century, the democratisation of space is not possible without reducing the cost of launches, which would necessarily come through private participation.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

Friday, August 18, 2006

It’s quid pro quo…

During the disastrous Pamplona’s San Fermin festival held recently in Spain, a charging bull happened to gore a man in the legs rendering bruises, sprains and worse. Seems the Spaniards had finally been bullied enough by these bossy bovines! Since 1924, a total of 13 people have been killed till date where the worst injury this year came when a man was left partially paralysed. As a result of all this and for the protection of animal rights, the regional parliament of Catalonia is all set to impose a ban on bullfights. A hit right on the bull’s eye, isn’t it?

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

Monday, August 07, 2006

IIPM-B&E Article:- YOU MISSED M&A CLASS, RICHARD!

IIPM-Best Business School

IIPM-4Ps

AVIVA IS TAKING A RISK BY PAYING TOO HEFTY AN AMOUNT TO BUY AMERUS
When escapades are eternally accursed, no matter what you do, there’s little that can effect a good outcome. Right from Aviva’s infamous beginnings in 2000 by the merger of the fraudulent CGU with Norwich Union to its overhyped $31.4 billion bid for UK’s insurance giant Prudential in March 2006, its credentials have always been doubted! But the wounded tiger is on the prowl and has its eyes currently set on the USbased life assurer, AmerUS. Despite having just $2.52 billion cash in its kitty (as on December 31, 2005), it has declared a consideration of $2.9 billion for the buy on July 13. Excluding debt and internal accruals, it has raised $1.66 billion through a share placement for the acquisition.

Richard Harvey, Group CEO, Aviva states the deal “provides the platform for significant profitable growth.” With 77 million Americans set to hit retirement age shortly, the deal looks positive in the US long term savings market. But analysts are questioning the wisdom behind the move as share prices slipped to a 7-month low to close at 691 pence on July 16, 2006. Kevin Ryan, analyst, ING critically comments, “They have gone for it (AmerUS) as Prudential was not available.” According to the concept of European Embedded Value (EEV) – a measure of a life insurer’s worth to a shareholder, Aviva is paying 1.9 times EEV for AmerUS, which is much more compared to the 1.6 times EEV that was paid by France’s AXA for Winterthur. So is Aviva paying too much? Well, certainly they are; but then perhaps they feel there won’t be a third time. Now wait! Is Aviva reinsured?


For Complete IIPM - Article, Click on IIPM-Editorial Link

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



Tuesday, August 01, 2006

PIRATES? WORSE...

IIPM-B&E Article


THE SEA LANES NEED SECURITY FOR PROTECTING THE LAND..

Far from being sword wielding robbers with eye-patches, bandanas and shrieking parrots atop their hands, the perpetrators of modern sea piracy are perhaps more menacing. And the areas that they threaten equals a potential two thirds of the globe! As for the exactitude, the second busiest sea route – the Indian Ocean – is the most vulnerable. The International Maritime Bureau contends that the ‘maximum danger area’ stretches from the Yemeni to the Somali coast, and further from the Strait of Malacca to the South China Sea.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

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