Friday, November 30, 2012

From CM to PM in one jump?

Mayawati is now eyeing to become the Prime Minister. Her records show that it would be difficult to stop her

Uttar Pradesh Chief Minister, Mayawati was never known for her courteous or suave behaviour. She always had a reputation of being an arrogant and ruthlessly ambitious politician. She recently added another chapter to her reputation by refusing to lend land for construction of a Rail Coach Factory (RCF) in Rae Bareli – the parliamentary constituency of UPA Chairperson, Sonia Gandhi – barely two days before Sonia Gandhi was supposed to lay its foundation stone. Though she returned the land to railways five days later – primarily because of a new legislation that authorises Railways to acquire any land for development purpose – she once again demonstrated she cared two hoots if she needed to prove a point. In fact, she baffled political observers in 2003, when after falling out with coalition partner, BJP, within a year of taking over as CM, she decided to dissolve the State Assembly. The BJP then propped up her bête noire, Mulayam Singh Yadav as CM. An unfazed Mayawati, bereft of trappings of an official post – campaigned hard for three years and secured a clear majority on her own in 2006. People might wonder about sagacity of her political decisions, but she is never in doubt about what she was doing and the consequences.

Her fourth innings as CM was bound to be stormy and more ruthless than ever since this is the first time her government didn’t need BJP’s crutches. She started off by ordering inquiries into decisions taken by Mulayam Singh. But that was just the beginning. As Left Front withdrew support from the UPA government at the Centre and Mulayam’s party extended support to the UPA, Mayawati seized the “opportunity of her life.” In the run up to the Vote of Confidence at the Centre, she found a host of leaders – from Left stalwarts Prakash Karat & AB Bardhan to TDP’s Chandra Babu Naidu and from Janata Dal (S) Chief, HD Deve Gowda to Rashtriya Lok Dal Chief, Ajit Singh, queuing up at her doorstep.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
Posted by at
Labels: , , , , , , , , , , , , , ,

Wednesday, November 28, 2012

WAR DOCTRINE: THE EPIC ERA

Or, how to intelligently brainwash highly skilled, educated, yet ill-educated youth to do their own people

>President Harry S Truman, announcing the news from the cruiser, USS Augusta... said the device was more than 2,000 times more powerful than the largest bomb used to date... The British Prime Minister Clement Attlee read out a statement... “By God’s mercy, Britain and American science outpaced all German efforts...”< Mark those words: “God’s mercy!” Merciful god is used appropriately to give justification to Americans and British to prove to humanity that our own humankind is not, well, ‘our own people’.

Similar justifications have continued through this millennium when stealth bombers like B-1 or B-2 [commonly known as Batwings] or the ubiquitous B-52s drop bombs from 40,000 feet on the dispensable souls of Serbia, Iraq or Afghanistan, vaporising humanity with impunity. ‘Not our kind!’ And with that justification, a human can kill a human, of course with honour and pride. The same philosophy has been used quite effectively even by terror institutions attempting to induct new ‘trainees’.

Why would a skilled and educated human [terrorists, over the years, have been mostly educated] agree to go beyond the emotion of patriotism – which, believe us, can be an extremely strong feeling – and bomb his own country or kill his own countrymen? The answer is obviously simply. Once it is proved to the trainee, through focused training material and workshops, that the country he/she considers his own is actually not so, and the countrymen he considers ‘family’ are similar pieces of rag, the clearly ill-educated trainee – who in reality doesn’t have any real grievances – is inspired by shameful religious dogmatism to plant bombs all around and take lives.

Having said that, the fact is that probably every doctrine of contemporary warfare can find its root in every word uttered by the cleverest and most manipulative God of all times, Krishna, in Bhagavad Geeta. And why do humans choose to follow God’s examples? Well, firstly, it allows easy justification to the ill-educated, who choose to kill under “God’s mercy”. Secondly, there’s this tiny little motivation that one day you might strike gold and end up with 16,008 wives!!! Actually, even a fraction of that should do, we guess...


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
Posted by at
Labels: , , , , , , , , , , , ,

Tuesday, November 27, 2012

Divinities we could do without

RBI's moves with respect to bonds for oil companies are only a temporary solution to the problem

To err is human, to persist in error is divine. When the government should be bringing in a dose of realism to oil prices vis-à-vis international trends and moving towards mass transportation, it chooses to continue to perpetrate the lopsided trend of protecting both consumers and oil companies through the self destructive policy of issuing bonds. What a divine state of affairs indeed! So divine, that even our apex bank can't keep out of it now! In an unprecedented move, the Reserve Bank of India (RBI) had opened a window to buy oil bonds in order to compensate for the cash requirement of the cash-starved, loss making Indian oil companies. Oil companies could sell the oil bonds issued to them and buy foreign exchange from the RBI, which was much lower than the existing market price of the dollar. The government had promised to issue bonds worth Rs.245 billion by June 2008 to help the companies who needed around $300 million daily to fulfill their daily requirement of oil. In fact the RBI also bought bonds from IOCL, BPCL and HPCL and gave them cash of $4.5 billion.

But now, the window has been closed and the oil companies are forced to buy foreign exchange (mainly dollars) from the open market. By squeezing the flow of dollars in the market, they are creating a situation where the demand for dollars is continuously rising and the value of rupee is falling.

Such a situation is particularly critical for the Indian capital market since it is already facing capital outflows and a falling rupee. In the first place, the issuance of oil bonds is nothing more than a stop gap solution. For companies, which are making losses to the tune of Rs.6.5 billion on a daily basis, such bonds were nothing more than a false reprieve.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
Posted by at
Labels: , , , , , , , , , , , , ,

Monday, November 26, 2012

But will the two wheeler giants give up easy?!

The middle-class customer never had it so good when it comes to four-wheeled toys... But will the two wheeler giants give up easy?!

Hero Honda for instance, expanded 18% between April-July 2008-09 and sold 1,149,753 two-wheelers and is confident of the two-wheeler segment. “Interesting developments, but there is no competition from small cars.

This is because the cost of ownership of bikes is less than that of a car, which includes fuel cost, insurance cost, maintenance cost etc.,” explains Anil Dua, SVP, Hero Honda to B&E. TVS on the other hand is betting big on its progressive two-wheeler product range. “Our focus remains on two-wheelers even if Bajaj and the others are launching low-cost cars,” opines Venu Srinivasan, Chairman, TVS Motor on questions concerning threat from small cars. Like them, there are a number of players in the market for whom two wheels remain the mainstay despite the hoopla.

It is interesting to note that while many new patrons have been added to the car segment, many more are making their way into the motorbike segment! Last year, the two-wheeler segment alone recorded a growth of 38% with at least 700,000 two-wheelers being sold every year. According to Yezdi Nagporewalla, of KPMG, “In volumes the motorbike segment is 7 million units strong and the competition from Tata’s Nano and others will at best be around 1 million units.” Interestingly, even though both the sides (two-wheelers & ultra-cheap cars) have their own take on the possible outcome of the battle, neither has the consumer figured-out for sure. Maybe that’s why they say, ‘Consumer is King’!


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

Posted by at
Labels: , , , , , , , , , , , , , ,

Friday, November 23, 2012

How to hit the bulls eye

C.K. Prahalad and M.S. Krishnan present DART – Dialogue, Access, Risk and Transparency Benefits

Through the four years of concerted effort, C.K. Prahalad, distinguished University Professor of Strategy, Ross school of Business, University of Michigan, named ‘The world’s most influential management thinker’ in 2007 by the Times of London & M.S. Krishnan, Hallman fellow and Professor of Business Information & Technology, Ross School of Business, University of Michigan have prescribed the agenda for senior managers to successfully compete on the battlefields and on the various fronts during the following centuries. They have to re-invent their processes and cultures to sustain innovative solutions. The new culture of innovation is a strategic plan for achieving transformation to meet the needs of the customers of the future.

The New Age Of Innovation builds on the Future Of Competition and The Fortune At The Bottom Of The Pyramid, presenting a unique perspective on the essence of innovation. It focuses on the nature and strategy in the new competitive context and builds the hidden links between business processes and analytics, innovational business models, and day-to-day operations.

The authors discuss various strategies for building teams that are capable of providing high-quality, low-cost solutions rapidly, & treating all involved individuals as unique. They discuss how to improve flexibility in all customer-facing and back-end processes, measure individual behaviour, and systems to co-create value with customers. The authours offer us the DART model which is an acronym for the building blocks of co-creation– Dialogue, Access, Risk and transperancy.

They’ve used examples to describe N=1, which they define as getting the customer to decide what he wants and access to resources from multiple sources. For this, various on-ground examples have been furnished like iGoogle, which is about co-creation of value and personalisation of experience where Google provides the platform to individual consumers; The Ponds Institute measures skin conditions and seeks customers’ view about how they want to look and feel; at Starbucks, a customer can decide whether to pick up his coffee and run, or stay and read the newspaper.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
Posted by at
Labels: , , , , , , , , , ,

Thursday, November 22, 2012

The more we are, the harder we...

Did you say ‘fall’? India’s population grows, and JSK is the new tactic

Art Hoppe had once rightly said, “We all worry about the population explosion, but we don’t worry about it at the right time.” With the population of India hovering at around 1.3 billion, this sure is a time to deter the exponential growth of the Indian inhabitants. Well, isn’t that something people knew already? But what people do not seem to know is that India has managed to attain this burgeoning population figure despite the incorporation of various Population Stabilisation Programmes. In fact, India was very much a signatory to the Improved Pyramid Construction Design programme, by the virtue of which various family planning programmes were implemented, and consequently imploded and destroyed.

One forgets that India was supposed to be a nation of 1.26 billion by 2015; a figure we’ve crossed already. And now, there’s a new initiative round the block, the Jansankhya Sthirata Kosh (JSK). This programme, which is an outcome of Government and civil society put together, seeks to achieve its goals through different social sectors.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
Posted by at
Labels: , , , , , , , , , ,

Wednesday, November 21, 2012

Sky above them!

And that’s the only roof they know...

‘India is shining’ is the advertisement punch-line used by the erstwhile NDA government showcasing India’s potential to the world. Around 70% of our population live in rural India [which are not growing as fast as our glittery urban lands are] and a major portion of rural population live in mud houses, which under the government’s own admission is an unsatisfactory way to live.

The government has a wonderful scheme called ‘Indira Awas Yojana’, where credit is given to the SC, ST, free-bonded labourers and non-SCs/non-STs who are under poverty line (BPL), to build houses on the land they own. There lies the cruel paradox that more than 13 million families do not own any agricultural land! And to make matters worse, eight million do not even own a plot. To neutralise this disparity, the Union Government has extended a helping hand of Rs.1 billion to state governments so that they can buy lands to be distributed to the landless. This is the first such step in many years from the Union Government, which can benefit 100,000-200,000 rural families straight away. Considered that this is a real noble gesture from the Union Government, ensuring proper utilisation of funds will pose a challenge.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
Posted by at
Labels: , , , , , , , , , , , , ,

Tuesday, November 20, 2012

LIFESTYLE: INDIAN

Taste the West while being in East

For generations, Indians did their daily shopping at fresh-food markets and regarded packaged foods as ‘stale’. However, just like their Western counterparts, a new generation of busy urban Indians is starting to appreciate the convenience and choice offered by packaged foods.

Therefore the professional Indians are getting a lifestyle of the developed world even after being in India. This adds to the belongingness and cultural compatibility to the affluent lifestyle they already have and would like to have. The bonus is the legacy of ‘best of both worlds’ to the young and vibrant professionals and upwardly mobile Indians.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
Posted by at
Labels: , , , , , , , , , , ,

Monday, November 19, 2012

INDIA'S BIGGEST LOSS MAKERS

The biggest five loss making companies of India
But the reasons are not far to find. A company like Moser Baer is facing huge pricing pressures in the global optical media market; and is also being hit by a Philips licensing issue (with suits being filed by Moser Baer previously against Philips being a bone of contention too). Add to this the fact that the sales volumes of Moser Baer have been more or less flat (Gross revenues for FY08 were Rs.19,654 million, compared to Rs.20,746 million last year). And to search for Deccan’s cup of woes, one just needs to see aviation fuel prices, which have risen over 30% in FY08, enough to kill any aviation company [India’s airline industry in total will see more than Rs.4,000 crores losses]. Critically, due to an attempt to get more revenue out of per seat, Deccan Aviation saw its flight occupancy dip disastrously from 87% to 72% by the end of FY08.

For Tata Teleservices (Mah) Ltd. the issue is direcly related to capital acquisition costs not paying over time. Critically, while Bharti has 62 million subscribers, Reliance is reaching 50 million, Vodafone itself is at 45 million, Tata Teleservices is still way back at 24 million, despite having been in the country for such a long time. It’s quite clear that if there’s such a close run relatively amongst the top three telecom providers, there’s a clearly strategically faulty marketing orientation that has resulted in Tata Teleservices’ subscriber base not coming up. The malaise has been hounding Tata Teleservices (Mah) for the past too many years (we went back only till 2002, and the company has suffered losses since then, year after year). And the biggest factor in cost has been cost of sales rather than depreciation. With an accumulated loss base of Rs.2,544.58 crores, Tata Teleservices (Mah) requires attention, and too fast from the Tata group. And while Wire and Wireless – a Zee group cable television company – filled up its black hole by lending money (almost Rs.63 crores) to partner distribution companies whose net worth stood eroded by the end of the year, Strides Acrolab, a Bangalore–based generic pharmaceuticals company, accounted its losses to huge setbacks in US operations and of course, a surging rupee!

Clearly, unless these companies question their strategic intent, processes and structures extremely critically, it’s simply not possible to come out of a rut in a quarter, a year, or even in a decade. Finally, it’s a matter of business; finally, it’s a matter of shareholders’ money; finally, it’s a matter of whether you reach for that Alprax or not; finally, it’s a matter of never saying die.......till you’re dead!


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
Posted by at
Labels: , , , , , , , , , , , ,

Thursday, November 15, 2012

MAYBANK: BII ACQUISITION

23% premium sounds logical for BII

Some analysts, too, saw the deal as being over-valued, especially considering that BII performed under-par for the past 2 years, with profits falling by a whopping 36% during 2007, and another 13% during 2006 as Julian Chua, Analyst, Citigroup voices, “The price tag on BII is 50% higher than initially assumed for mediocre franchise...” However, Citigroup & FitchRatings are of an opinion that in the long-term, Indonesia has good prospects & Maybank has taken the right cue. As a matter of fact, Maybank says that it is targetting an increase in the loans of BII by over 20% in 2008.

Chris Oh, Analyst, JP Morgan Chase also supports this move as he divulges, “The BII was a ‘must-have’ strategic acquisition for Maybank. BII is projected to have minimum sustainable return of at least 20% beyond FY 2010 (sans factoring-in synergies).” Adding all this to Malaysia’s growing trade-ties with ASEAN trading partners, $2.7 billion suddenly appears ‘loose change’!


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
Posted by at
Labels: , , , , , , , , , , , ,

Saturday, November 10, 2012

Media marauders

The newsmakers are the news

Frequent assaults on scribes covering the Sri Lanka-LTTE conflict have triggered outrage among both local and international media rights groups. On March 14 morning a miscreant, wielding an iron club, ambushed Anurasiri Hettige as he waited for a bus in a Colombo suburb. Hettige became the fifth employee of the state television corporation Rupavahini to be attacked or threatened in the last three months.

Media rights groups say the attacks are linked to the December 27 incident that saw government minister Mervyn Silva storming into Rupavahini and abusing senior staff. Silva, who was upset by a news programme, had then allegedly been assaulted and daubed in paint by angry Rupavahini employees.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

Posted by at
Labels: , , , , , , , , , ,

Friday, November 09, 2012

The top-secret

The IIPM Think Tank proposes that the Indian budget should not only be a societal budget, but also be a platform wherein the contribution of aam admi should be allowed

R. P. Chidambaram in his last budget, quoted Tamil saint, Tiruvalluvar, and said that if ploughmen keep their hands folded, even sages claiming renunciation cannot find salvation. But he seems to be half prepared and seems to overlook those millions of farmers who are forced to keep their hands folded perennially, even for the most basic rights & necessities.

According to International Budget Project (IBP), participatory Budgeting provides a citizen a platform wherein they deliberate and negotiate over the allocation of public resources. Conventionally, civil organisation and social sector experts have been excluded from the budget preparation process in India. The budget seems to just represent the ruling party(ies). Even the Opposition doesn’t take initiative to have a pre-budget consultation or to put forward their memorandum or people’s voice before the FM. According to Open Budget Index, a recent study by the IBP, India provides citizens with “some information” on the Central government’s budget, while some countries, such as France, the US, South Africa, New Zealand, the UK and Slovenia, provide “extensive information” to their citizens.

UPA Government restarted the dis-investment process by permitting sell-off of power sector PSUs, through IPOs, in order to raise Rs.1,500 crores. However, this policy decision never got any mention in the budget speech but was mentioned in the credit column of budget balance sheet. In the last budget, FM announced the 22.5% increase in gross budgetary support for Central plan, but didn’t even mention anything about the state plans (wherein the increase in gross budgetary support for the state plans is just 8.2%), which further reveals the horrifying part of the story that 14.3% of Central gross budgetary support increase will actually be funded by the state resources.

The analysis and report by IBP depicts that India’s budget provides only limited information to the public and even to the Parliament. India does not even have the tradition of disclosing the pre-budget statement The study clearly shows that there is enough room for further improvement towards sharing budget information with the stake holders to ensure an informed participation.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
 
IIPM : The B-School with a Human Face
Posted by at
Labels: , , , , , , , , , , , , , , ,

Thursday, November 08, 2012

India’s PSU bank

After losing out market share to competitors, India’s PSU bank is slowly becoming a one-stop financial shop. By asif ahmed

 Under Purwar’s chairmanship, SBI acquired three small banks - Indonesia’s PT Bank IndoMonex, Mauritius-based Indian Ocean International Bank and Kenya’s Giro Commercial Bank. As a part of the overseas-driven strategy, SBI focused on developing foreign market that had substantial Indian population. During his tenure, SBI also made it to the coveted list of Fortune Global 500 list; he made the bank a member of the $1 billion revenues club, and was the first Indian bank to join it.

Bhatt comes from a different school, and thinks differently. According to him, the domestic market still offers immense opportunities to expand, and there are far more critical issues to be dealt with. “Overseas acquisitions can wait,” he said the day he took over as the chairman of SBI. However, Purwar’s legacy still lingers around. For example, during Bhatt’s time, SBI became the first Indian bank to open a fully-fledged branch in China. “Being India’s largest bank, it is only befitting that SBI should be the first to open a branch in mainland China,’’ said Bhatt. But this isn’t a focus area.

Keeping in line with the local mindset, Bhatt expanded the bank’s network in India. He tied up with other banks and institutions to cross-sell banking and financial products. S. K. Mishra, General Manager (Marketing and Cross-Selling Department), State Bank of India, explains, “In the Indian financial markets, mutual funds are rapidly gaining ground among retail investors due to various advantages such as professional management, diversification, and liquidity. For us, the tie-up will open up opportunities to provide our vast client base with a wider choice of products to meet their diverse financial needs and give boost to our fee-based incomes.”

Over the next three years, SBI plans to offer more financial services products like general insurance, custodian services, venture funds, wealth management, and pension-fund management. Given its size, number of branches, and growing customers’ base, it will not be difficult for the bank to woo customers for the new products. At the same time, SBI is the only Indian bank to have got the approval to manage the government’s pension fund. That, in itself, will be a big boon to future revenues and profits.


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.
 
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

Posted by at
Labels: , , , , , , , , , , ,

Wednesday, November 07, 2012

Bharat Ratna

Or, the ball game of politicans

The word controversy had never left India alone, since its inception, and the latest one to add to the list is the country’s highest civilian title, the Bharat Ratna. This time Bharat Ratna had becoming a ball game for the polity of India. As of now, the names of various political and non-political veterans are doing the rounds. This game was kicked off, by L. K. Advani, by nominating Vajpayee for the title. Even the ally of the UPA Government, the DMK, had also suggested their leader Karunanidhi for the title. Moreover, not to forget the history maker, BSP chief, Mayawati, who is the latest to join the ‘Bharat Ratna’ controversy bandwagon. Mayawati had announced that she would ask the PM of India to confer the Bharat Ratna on the BSP founder. While Congress replied BSP with logic that conferring the national title is an apolitical process and should remain so.

The whole essence of the such prestigious award seem to get diluted with such a controversy and nor can Bharat Ratna be handed out, like any chocolate. It must be adhered that the nomination of this title can be a floodgate. The Bharat Ratna is not something which is casually offered, and that’s the reason for its luster and prestige. By convention, the nomination for this ward should be kept confidential to avoid any debate on the nominees.


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.
 
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
Posted by at
Labels: , , , , , , , , , , , , ,

Tuesday, November 06, 2012

Renewed rhetoric

ANIL PANDE says that the Madhya Pradesh CM is trying to win on the development plank. But his critics say that the strategy, if not inclusive, can prove to be worthless

Last year, in October, when corporate honchos were inking deals at the Indore Global Investors Summit, a substantial number of activists were protesting near the bust of Mahatma Gandhi at Regal Crossing, not far away from the investment summit. Among others, they were joined by activists from Narmada Bachao Andolan, and displaced farmers and tribals, who lost their land due to development projects in Neemach and Riwa districts. Needless to say, their feeble voices had no takers. The voices of the investors were amplified by the promised investments of Rs.120,000 crore.

The reason: in the last couple of years, development and good governance have emerged as vocal election planks. The days of ‘social engineering’ and ‘booth management’ have passed. Now, even people voting along caste lines expect a certain level of governance from their elected representatives. And, for a change, “governance” is determined on the basis of overall development. Poll pundits predict that as more youth participate in the electoral process, the development plank will continue to take a frontal position. At present, more than half of India’s population is constituted by people under-25 years.

In fact, development was one of the reasons why the BJP returned to power in Madhya Pradesh. Poor infrastructure did Digvijay Singh-led Congress government in. But now, the tables have turned. The BJP has completed four years in power. What’s more, development will once again be the frontal rhetoric in the forthcoming polls. Naturally, the BJP is worried. It wants to present a good report card to the voters. It wants development and the only way it can be done, says the BJP, is by inviting foreign capital.

That is why CM Shivraj Singh Chauhan is busy with his single agenda program. He has been successful in signing MoUs for projects worth more than Rs.225,000 crore in 2007 alone. Noted economist Alok Puranik finds foreign capital as the only way to initiate developmental projects in the state. Nevertheless, he wants the development to be inclusive. He predicts: “State governments focusing on investments in agriculture and manufacturing sectors have strong chances of returning back to power.”


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.
 
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
Posted by at
Labels: , , , , , , , , , , , ,

Monday, November 05, 2012

Uranium is next yellow fuel

The most sought after investment after oil

The escalating population and the rising energy demand is forcing the global leaders to look out for more alternative sources of energy. With oil becoming unaffordable and increasing stress on environment-friendly fuels, the only alternative left out seems to be nuclear energy. But then this yellow fuel is not enough to fulfill all energy needs, thus disturbing dreams of energy investors. The uranium market is not only affected by the standard forces of supply and demand but also to whims of geo-politics. There are 440 reactors operating worldwide and 69 reactors under construction. Nations like France, Germany, Netherlands, the UK, USA and Russia form the core of the uranium market and influence all global buyers.

The worldwide demand already exceeds the supply by 139% and the prices have risen by almost 500% in last five years. With China building more nuclear reactors, it will be consuming 11% of the world’s nuclear energy capacity alone. Moreover, China is negotiating with Australian foreign ministry, to purchase 44 million pounds of uranium every year. As per the International Nuclear Inc., the stock of ready-to-use uranium is at an all-time low, and the commercial reserves fell by more than 50%. Global electricity use is projected to increase by 66% i.e. 22 trillion kilowatt-hours by 2020. With current supply at about 135 million pounds per year and mines of Australia & Canada contributing only 79.2 million pounds per year, there seem to be a ‘gold rush’ to purchase this yellow fuel in the near future. To meet increasing energy demand, there is no question that uranium will become a key to global affairs.


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.
 
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
Posted by at
Labels: , , , , , , , , , , , , , ,
Subscribe to: Posts (Atom)