HEADIER THAN A TEQUILA SHOT!
In the day time, Cabo San Lucas is amazingly spectacular. The Pacific and Sea of Cortes unite under the El Arco, where
the waters are rippled with the play of about 800 kinds of fishes. Its stunning and esoteric landscapes provide for golf courses that could contend with the world’s best, while its designer boutiques and chain restaurants keep the city slickers at home too. But, let not these activities wear you out, for the latter half of the day promises to be as spicy and tantalising as the Mexican salsa itself! Put on that mariachi hat and enter into Rock star Sammy Hagar’s Cabo San Lucas where much of the food is spiked with tequila and the interiors lined with ladies’ underwear apparently tossed onstage during Hagar’s shows! Spend the evening hopping across the 400 bars and restaurants in this party paradise, but make sure you end it at El Squid Roe where tequila gets sprayed into everyone’s mouths until the clock strikes three, when all clubs close, and the carousing simply spills onto the streets and beaches!
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy,
Initiative:- Prof. Arindam Chaudhuri
Some More IIPM Blogs by my friends....
Wednesday, July 26, 2006
HOT HIDEOUTS HOT HIDEOUTS FOR HEDONISTS!
Saturday, July 22, 2006
Bumber Crop, Traders Lost...
There were
clear indications from experts about a bumper crop and most traders, including one Delhi-based trader who lost Rs.6 million, sold turmeric short (in layman’s terms, they gambled on turmeric prices falling in the future). However, a selective and shadowy group of big traders cornered the market and the small traders realized that they did not have the resources to go on gambling. Most went bankrupt, or withdrew with heavy losses. And without surprises, something exactly similar seems to have happened with the commodity mentha oil. Overall, there have been four confirmed cases of suicide amongst Delhi-based commodity traders in recent weeks. Though one would not wish to connect, but in fact, there are many traders who claim more than 200 small traders across India have committed suicides.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy,
Initiative:- Prof. Arindam Chaudhuri
Friday, July 21, 2006
PLAYING WITH FUTURES: MANIPULATING COMMODITIES MARKETS
Dheer Singh Patel, a farmer in Madhya Pradesh, could not make money despite having a better harvest of Arhar dal 
this year because there was a glut in the market. Surendra Dhyani, a trader in wholesale grains market in Khari Baoli, Delhi, sold his stocks at much lower prices than last year, hoping he would buy fresh stock at further lower prices. To his dismay, the market went up instead of down, and so much so that he couldn’t afford to buy fresh stocks at such high prices. And Eluri Parvathi, an Andhra housewife, is testing out alternative food concoctions on her family because she can’t afford to prepare sambhar, as pulses are being sold at exorbitant prices between Rs.45 to Rs.60 per kg. It’s been said before, and tritely, we’ll say it again – devastated by poor returns and a mountain of debt, the Indian farmer is preferring suicide to a life of misery and penury.
For Complete IIPM - Article, Click on IIPM-Editorial Link
this year because there was a glut in the market. Surendra Dhyani, a trader in wholesale grains market in Khari Baoli, Delhi, sold his stocks at much lower prices than last year, hoping he would buy fresh stock at further lower prices. To his dismay, the market went up instead of down, and so much so that he couldn’t afford to buy fresh stocks at such high prices. And Eluri Parvathi, an Andhra housewife, is testing out alternative food concoctions on her family because she can’t afford to prepare sambhar, as pulses are being sold at exorbitant prices between Rs.45 to Rs.60 per kg. It’s been said before, and tritely, we’ll say it again – devastated by poor returns and a mountain of debt, the Indian farmer is preferring suicide to a life of misery and penury.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy,
Thursday, July 20, 2006
IIPM-Publications:- Does it make ‘Civic’ sense?
Honda must ramp up capacity & move towards a small car launch
Honda Siel may have boasted of having the best suspension technology, but that may not be enough to ensure a smo
oth ride in India for Honda’s Civic. The company launched the ‘Civic’ in India on July 4, 2006 and has set a target of selling more than 10,000 units of Civic in financial year 2006-07. That is quite ambitious, considering that Civic is positioned in the A4 segment, which clocked sales of 23,326 units in 2005-06, a drop of 9% from the previous year. This launch will certainly increase competition in the A4 segment and fire up strategic think-tanks among players like Toyota, Skoda, GM. Mohit Arora, Director-India, J. D. Power Asia Pacific explains “Some players may employ promotion tactics, while others may look at launching new models or upgrades. Hyundai is likely to launch the new Elantra shortly.” Besides competition, Honda has a major, potentially debilitating challenge, and that is the capacity crunch it faces in India.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy,
Initiative:- Prof. Arindam Chaudhuri
Honda Siel may have boasted of having the best suspension technology, but that may not be enough to ensure a smo
oth ride in India for Honda’s Civic. The company launched the ‘Civic’ in India on July 4, 2006 and has set a target of selling more than 10,000 units of Civic in financial year 2006-07. That is quite ambitious, considering that Civic is positioned in the A4 segment, which clocked sales of 23,326 units in 2005-06, a drop of 9% from the previous year. This launch will certainly increase competition in the A4 segment and fire up strategic think-tanks among players like Toyota, Skoda, GM. Mohit Arora, Director-India, J. D. Power Asia Pacific explains “Some players may employ promotion tactics, while others may look at launching new models or upgrades. Hyundai is likely to launch the new Elantra shortly.” Besides competition, Honda has a major, potentially debilitating challenge, and that is the capacity crunch it faces in India.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy,
Initiative:- Prof. Arindam Chaudhuri
Copyright IIPM:- 2006
Friday, July 14, 2006
DON’T DARE ASK A SWISS FOR THE TIME
Chocolates, of course, are some of the best engineered products in Switzerland (ask
a foodie), but seriously, those are Switzerland’s value-added engineered products that are the true reason for the Swiss brand becoming elite. Unarguably, the best examples of Swiss workmanship are Swiss watches. They are very high on quality, and though perceived expensive, also cater to the value-for-money market through the Swatch brand. In fact, Nicholas Hayek’s Swatch group is the largest watch company in the world, and owns some of the world’s costliest brands like Omega, Rado, Calvin Klein, Mido, Longines, Tissot, Breguet, Leon Hatot, Union, Hamilton, Blancpain, Balmain, Certina, Endura, Glashutte, Les Boutiques, Jaquet Droz, and obviously, the brand Swatch itself... Swiss watches alone, worth $9.97 billion were sold in 2005; a mark of how coveted these watches are globally!
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Author:- Prof. Arindam Chaudhuri - 2006
a foodie), but seriously, those are Switzerland’s value-added engineered products that are the true reason for the Swiss brand becoming elite. Unarguably, the best examples of Swiss workmanship are Swiss watches. They are very high on quality, and though perceived expensive, also cater to the value-for-money market through the Swatch brand. In fact, Nicholas Hayek’s Swatch group is the largest watch company in the world, and owns some of the world’s costliest brands like Omega, Rado, Calvin Klein, Mido, Longines, Tissot, Breguet, Leon Hatot, Union, Hamilton, Blancpain, Balmain, Certina, Endura, Glashutte, Les Boutiques, Jaquet Droz, and obviously, the brand Swatch itself... Swiss watches alone, worth $9.97 billion were sold in 2005; a mark of how coveted these watches are globally!For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Author:- Prof. Arindam Chaudhuri - 2006
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