FCB-Ulka is a master of the art of stumping viewers with its uniquely crafted commercials, and the Tata Indica V2 Xeta campaign proved to be yet another milestone for the advertising agency. “The Indica Xeta was planned by Tata Motors as a car that will take on the strong petrol offerings of Maruti (Alto) and Hyundai (Santro),” explains M. G. Parameswaran, FCB Ulka Executive Director and CEO, Mumbai, adding that the agency was briefed to work on a communication plan that launched the new brand with an impact. The brand name Xeta was derived from the engine of the car that provides extra efficiency torque advantage. Boasting a powerful fuel-efficient engine, ample space, great looks and an unbeatable price, the Xeta was truly a luring proposition targeted at the younger first-time car buyer, say the agency guys. And in sync with the attributes of the brand, the creative brief was evolved to say that a car buyer must have a hole in his head if he did not purchase, or at least consider the Xeta!
Thursday, August 31, 2006
10 MOST POWERFUL ADS IN 2006!
FCB-Ulka is a master of the art of stumping viewers with its uniquely crafted commercials, and the Tata Indica V2 Xeta campaign proved to be yet another milestone for the advertising agency. “The Indica Xeta was planned by Tata Motors as a car that will take on the strong petrol offerings of Maruti (Alto) and Hyundai (Santro),” explains M. G. Parameswaran, FCB Ulka Executive Director and CEO, Mumbai, adding that the agency was briefed to work on a communication plan that launched the new brand with an impact. The brand name Xeta was derived from the engine of the car that provides extra efficiency torque advantage. Boasting a powerful fuel-efficient engine, ample space, great looks and an unbeatable price, the Xeta was truly a luring proposition targeted at the younger first-time car buyer, say the agency guys. And in sync with the attributes of the brand, the creative brief was evolved to say that a car buyer must have a hole in his head if he did not purchase, or at least consider the Xeta!
Wednesday, August 30, 2006
Mr. Head on Wheels
IIPM-4Ps Article
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Source:- IIPM-Business and Economy, 2006
Tuesday, August 22, 2006
YET ANOTHER FACE OFF
There was indeed a lot of bad blood between the Ambani brothers post the split. Largely though, the two seemed to be charting their own destinies. In the more recent past, however, the two seem to be crossing each other’s paths more oft en, and this is creating further complications in their relationship (or what’s left of it anyways!). After relentless altercations on issues like SEZs, airport and many others, the duo are again caught in a mêlée. This time, the bone of contention is the Navratana gas sector. On July 26, 2006, the Petroleum Ministry put a red cross to the gas supply agreement between Mukesh Ambani’s Reliance Industries Limited (RIL) and the Anil Ambani owned Reliance Natural Resources Limited (RNRL). The Ministry rejected RIL’s proposal to supply gas to RNRL at $2.34 per mBTU (million British thermal unit), which is less than half the market price of $4.7 per mBTU.
So what does all this mean for RNRL? States Vijay Narayanan, Senior Research Analyst with Almondz Capital Markets, “If the current opinion is upheld, RNRL will have no option but to purchase gas at prices higher than the current.” He elaborates that even a one dollar rise in the price of gas will raise the price of electricity by around 30 paise per unit. This would, in turn, result in higher electricity generation costs. But this cannot be effectively passed on to consumers as electricity prices are regulated by law. These developments have put RNRL on the offensive, and it has accused RIL of manipulation. A spokesperson with RNRL states, “RIL is deliberately misleading the Ministry of Petroleum and Natural Gas by withholding the full facts of the case. RIL’s attempt to mislead the Ministry is solely motivated by its selfish desire to secure a higher price for gas.”
Monday, August 21, 2006
IIPM-Press:- DIDN’T WE DEFEAT TALIBAN?
The helplessness that marks the ‘eyes’ of the woman photographed twice in the span of 17 years by National Geographic remains the same even after the time lag. Aptly reflected in them is the unaltered position of women even in post-Taliban Afghanistan. They remain as humiliated as before, with their honour compromised and their socio-economic positioning fragmented. According to the UN and the Human Rights Watch, the attacks on girls’ schools have increased considerably post-Taliban, reducing the female student intake in secondary education to 5% in comparison to 20% of boys. The UN contends that about 300 schools educating girls were burned down post-Taliban. In another incident in May 2006, a female legislator, Malalai Joya, was attacked by her colleagues for ‘daring’ to participate in the male domain – Parliament! That Parliament, mind you, was formed after decimating Taliban!
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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
Friday, August 18, 2006
SIN’EDIN ZIDANE! THE TRAGEDY OF SENSIBILITIES...
IIPM-4Ps Editorials
The sad paradox is that while the world had been learning of and celebrating his legendary kindness as a person, he will now be distinguished for all time by an act of aggression. Indeed, Zidane’s status as an emblematic champion of the world’s most universal and popular sport does not fully explain why people have been so obsessed with him. His human qualities, as much as his amazing talent and technical feats on the field, counted equally in establishing his popular acclaim. Football has always been this way. For example, for the Argentineans, the diminutive Diego Maradona represented the revenge of the weak and the deprived. As a result, his countrymen excused his frequent bad behaviour time and again. Similarly, Pelé became the symbol of a harmonious, inter-racial Brazil.
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
Saturday, August 12, 2006
SOMETHING FOR EVERYBODY…
...could end up withnothing for anybodyif a fi scal crisisderails growth
Money may not be able to buy love. But the UPA government appears convinced that it can buy enough votes to propel the precariously perched present regime into a second term at the Centre. A few days after the bomb blasts in Mumbai shook the nation, the Union Cabinet announced the formation of a Sixth Pay Commission for central government employees. This will inevitably lead to a hike in salaries; and analysts estimate that the wage bill of the government could go up by as much as Rs.200 billion every year. But of course, this is one rare decision of the government that the omnipresent Left has welcomed with open arms. Says Atul Kumar Anjan, Politburo member of CPI, “We welcome the 6th Pay Commission report. It is a long pending demand of workers and employees.” When asked to comment on the reaction of businessmen and industry bodies like the CII and FICCI that this move could trigger inflationary pressures, Anjan is contemptuously dismissive. “It’s their practice to oppose any benefit to wage workers or government employees.
The Left parties are hopeful that inflation will be under control,” he adds. If vain hopes and misguided socialism were enough, India would have eliminated poverty, illiteracy and unemployment by now; farmers would not be committing suicide by the hundreds and many states of India would not report infant mortality rates worse than those in Sub-Saharan Africa. And now, analysts are worried that the current government is displaying alarming signs of going back to the bad old days of a peculiar mixture of misguided socialism and crony capitalism. In fact, the Sixth Pay Commission is just another example of how the UPA government appears determined to wear the robes of Santa Claus and dole out goodies, freebies and subsidies as if there were no tomorrow. Simultaneously, the government seems to be veering towards the bad old days of paternalistic and somewhat authoritarian ways, where the rulers were simply not held accountable by the public for their decisions and still had the powers to decide what is good and bad for Indian citizens. This is not just a display of bad democracy, it is also terrible economics.
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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
Tuesday, August 08, 2006
IIPM-Press Article :- KRRISH RETURNS!
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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
Monday, August 07, 2006
IIPM-4Ps:- SPARE THE LAW, SPOIL THEIR ETHICS!
The twenty major frauds since 2002 eroded a cyclopean $236 billion from shareholders’ wealth’! The biggest losses ever, due to corporate frauds were in Tyco ($84.2 bil billion), Lucent ($55.5 billion), WorldCom ($26.9 billion), Enron ($25 billion) and Xerox ($9.8 billion). Most astonishingly, according to a Price Water house Coopers’ Global Economic Crime Survey 2005, 62% of larger companies have been victims of frauds, as compared to 36% among smaller fi rms. Other famously infamous instances of fl outing norms are Hyundai Chairman Chung Moong Koo’s arrest for bribery, Samsung’s fixing of chip prices globally, Toyota selling SUVs that failed regulatory standards and Wal- Mart engaging in unethical pricing.
Rudy Hoskens, Director, Dispute Analysis and Investigation, PwC Belgium puts it thus, “It will probably not be possible to rule out economic crime, but a company can at least create an environment where ethical behaviour is discouraged.” But then, why are we so hard on the companies? They face gargantuan pressures to perform, and have to strive to create shareholder value. The Devil’s Advocate forever beckons the corporate bigwigs to bend the rules here and there, be it to protect market share, drive down costs or make some quick dough. And they do tend to succumb every now and then to the temptation. It’s up to the law of the land to protect the people.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
Saturday, August 05, 2006
IIPM-News:- BURDEN OF GREAT EXPECTATIONS
September 2001 - a fateful month in the history of corporate America! Hold it! No reference is being made here to the terrorist attacks; we are referring to Jeff Immelt taking over as CEO and Chairman of General Electric (GE) – the icon for all conglomerates! And he had to follow up on one of the most iconic CEOs of all time – the inimitable Jack Welch. And at a time when America was reeling from the impact of the dotcom bust, and yes 9/11. Owing to his restructuring initiatives, GE’s revenues have increased by 50% in five years to touch $144.3 billion in 2005. But dismally, Wall Street GE’s share price is southward bound (currently at $32.88 on the NYSE)! According to Peter Dunay, Chief Strategist, Leeb Index Trader (NY), “...it’s going to get worse for GE. We don’t expect the stocks to perform any better in the near future...” A weird paradox for sure. It’s been a more or less satisfactory performance by GE in terms of revenues.
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Source:- IIPM-Business and Economy,
Initiative:- Prof. Arindam Chaudhuri
Thursday, August 03, 2006
LABOURED MIGRANT
On the trains that ply from the impoverished eastern region to the promised land of the Western India, the socio-economic stratification of India is aptly displayed. These overloaded trains carry along those who are denied opportunities in their homeland; they make up the much derided factor of production; labour. Displaying the scale and growth of regional disparity, these migrations have serious implications. The per capita income ratios between the highest & the lowest earning states, Punjab & Bihar respectively, (as well as between Maharashtra & Bihar) are 4.19 & 3.94 respectively. With poverty concentrated in eastern states & rain-fed regions of western India, the local residents participate extensively in inter-regional migration as that constitutes a significant livelihood strategy.
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Source:- IIPM-Business and Economy, Author:- Prof. Arindam Chaudhuri - 2006
Tuesday, August 01, 2006
THE SHIA SHOCK
As the Hizbollah pound rockets into Israel, the renewed confidence banking on daredevilry of the Shiite group is more than apparent. And that audacity is not an isolated gimmick, but can be read as the growing confidence in the Shia population across the region, to challenge the might of US and its Zionist ally – Israel. For example, in Iraq, the immediate aftermath of Saddam’s ouster was an infinite American control over Iraqi oil; but the move also created a geo-political void that got filled in by religious & ethnic aspirations. Despite an all out American support to the ‘secular’ alternative of Allawi’s Iraqiyah Party, it was the Shia dominated United Iraqi Alliance that won the largest number of seats in the post-Saddam Iraqi Parliament.
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Source:- IIPM-Business and Economy, Author:- Prof. Arindam Chaudhuri - 2006
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