Showing posts with label Business Management school. Show all posts
Showing posts with label Business Management school. Show all posts

Wednesday, June 30, 2010

Killer roads take a toll

Experts attribute road accidents to overspeeding

Some twenty-five passengers were injured when a bus collided with a truck on the NH 31 at Pathsala in Barpeta district on the night of May 16.

Nearly fifteen schoolchildren were injured when a school bus (AS 15-1616) fell into a ditch on May 22 at Burah in Darrang district.

Local dailies in Assam unfailingly reports about such road accidents. According to government statistics, during the past one decade road accident cases have doubled in the state. In 2000, some 2,429 road accident cases were reported. But the figure increased to 4,869 in 2009. Accidental deaths in 2009 were 1,991 as against 1,032 in 2000. In comparison to all India level, Assam shares 44 per cent of accidental deaths.

In Guwahati city, some 626 motor accident cases took place in 2007; 626 in 2007; 641 in 2008 and 508 in 2008. Among districts Sonitpur registered a maximum 363 accidental cases in 2009. Lower Assam’s Dhubri district and Barak valley’s Cachar district stood second and third with 346 and 306 accidental cases. Out of 4,686 accidents taking place in the state in 2008, as many as 2,683 accidents took place on national highways; 849 were on state highways and the remaining 1,151 on other roads of the state.

City Superintendent of Police (Traffic) Bibekananda Das told TSI that the traffic branch of city police is compiling last five years’ data of road accidents to study them. Only after completion of the process, decision could be taken to prevent accidents, the newly appointed SP (traffic) said. Traffic experts attribute road accidents to overspeeding and even increasing cars on the roads. “Untrained drivers, fake licence holders and absence of civic sense among people are also responsible for increasing number of accidents,” Violet Baruah, SP (CID) told TSI. The problem is further compounded when some drivers don’t obey traffic rules, she said.

According to the rule, mobile phones should not be used during driving and seat belts should be fastened, but only a few people obey them. Drunk driving is also responsible for several road accidents in the state.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Saturday, June 19, 2010

Iconic sari gets recognition

It is all the rage in Kerala and other places, including Delhi

Balaramapuram village is at the centre of attraction after Kerala’s iconic “Balaramapuram Sari’’ has received Intellectual Property Rights (IPR) protection through Geographical Indications Act (GI Act).

The village is extremely popular in the state for producing such a wonderful sari. Thousands of weavers make the traditional Kerala Kasavu Sari for women and Kasavu Mundu for men in off-white with golden borders in this six square kilometres textile land — near Thiruvananthapuram. They are designed to be worn specially on propitious occasions. According to industry sources, about 27,000 handlooms operate in the village to produce these saris. The weavers — shaliyar community — use traditional throw-shuttle pit looms, fly shuttle looms and make cotton fabrics with pure zeri (kasav) or coloured yarn.

Hundreds of families, including women, are fully involved in weaving these saris. More than 200 cooperative societies are active in this area. They are fully involved in the production and distribution of the products. The Balaramapuram textiles are sold throughout Kerala through Hantex, and the exclusive shops of zeri textiles like Kasavu Kada and Karal Kada. “We never depend on mechanised systems like dobby, jacquard and jala. The imagination of the weavers and the excellence in silver covering and the gold plating of the silk make Balaramapuram matchless. We have no professional designers and fashion consultants. Our clothes are pure eco-friendly and survive for long,’’ says B.AnilKumar, a weaver at Balaramapuram.

Balarampuram sari is famous for its varieties. One can select saris from the price range of Rs 500 to 40,000. The weavers say that the North Indians, especially Delhiites, are fond of these costly saris. The gold, silver content of the zari is the significant factor which adds the brand value of the Balaramapuram clothes. “The present protection under the IPR confirms its uniqueness,’’ says Anilkumar, a trader.

But most of the weavers are apprehensive about the special protection. Besides, they fear that the traditional art may die as youngsters are not joining the profession. Of late their biggest worry has been the arrival of mechanically produced Kasavu sari that is available in the market for only Rs 100. Since then, the Balaramapuram sari has been facing a stiff competition.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Wednesday, June 09, 2010

Ranbir’s no Tweeting Tom!

In the rat race to reign over Bollywood, almost all the hunks and hotties are using Twitter these days. In fact, it is even serving as a platform to mend relationships for many (Abhi saved Sallu from a journalist’s remarks!). But the young Ranbir Kapoor isn’t joining the bandwagon, for he finds the craze for this social networking site amusing and absurd. Disinterested in sharing with his fans the boring details of his life like ‘I am eating’ or ‘I am going to bathroom’, he aims to connect instead through better movies. Well, as long as this blue-eyed boy continues to make his presence felt, we’re not complaining!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Monday, June 07, 2010

Perfect Ban for perfect Truth

Supreme Court ruling heralds a new era of investigation in India

Recently, the Supreme Court of India in a landmark judgment, banned the use of narco analysis, polygraph, and brain mapping tests on unwilling accused or suspects — a move that is being applauded by lawyers and activists across the country. A bench comprising of Chief Justice K.G. Balakrishnan, Justice R.V. Ravendran and J.M. Panchal ruled that forcibly conducting these tests was “an unwarranted intrusion into the personal liberty” that grossly violates Article 20(3) of the Constitution that states the right against self incrimination of the accused. Consequently, any guilt confessed by the indicted during these tests cannot be treated as evidence in the trial courts, which can be a new lease of life to many. The most distinguished among them would be the infamous Ramalinga Raju of the Rs. 7,800 crore Satyam scam, and his co-accused V. Srinivasan. The CBI had used narco tests on them, given the intricate nature of the crime and the charges that they are accused of.

Cops like D.G. Vanzara, Rajkumar Pandiyan and Dinesh M.N., who were charged in the Sohrabuddin fake encounter case must also be relieved to know that narco analysis test would no longer be conducted on them as previously planned. Interestingly, a Rajasthan court has granted an application by the Anti Terror Squad (ATS) to conduct a narco test on Devender Gupta, the key person accused in the Ajmer blast that had left three dead and 30 injured, just two days before the SC judgment. After the arrest of Maoist leader Kobad Ghandy, the police was eager to use narco tests to discover more about Naxal operations, but was challenged in Delhi High Court after which the conducting of the tests were stopped. Now, of course, after the judgment, police will have to use different techniques to unravel the secrets of the accused .

Even though the verdict upheld human dignity and human rights, it is certainly a major jolt to investigators, as these tests often led to breakthroughs and have fetched major leads for arrests. Despite this, there are serious doubts regarding reliability of these tests, as many experts feel that nacro analysis falls short of being called a scientific method at all! Dr P. Chandra Sekharan, former Director of the Forensic Sciences Department of Tamil Nadu has called it “an unscientific third degree method of investigation”.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Friday, June 04, 2010

Is CPM on its way to yet another term in west bengal?

Is CPM on the way to yet another term in West Bengal?

Lack of development, apathy towards the poor, scientifically implemented mass rigging, muscle power, murders, guns and goons... These have been the things that made the Leftist people of Bengal angry and furious, and made them think seriously of an alternative after decades. These are the things that made the people to come out and vote against CPM in the elections that have been happening of late, including the Parliamentary elections last year. Of course, that can’t take away the credit from Mamata Banerjee, who has been fearlessly taking the CPM head on! She felt the pulse of Bengal, had the courage and gave the alternative that Bengal was looking for. And it was only after the setback that the otherwise arrogant CPM leaders of Bengal received due to their loss in the general elections last year, that they really started taking her threat seriously and introspecting within.

Initially, with every passing day, Mamata’s popularity only seemed to surge and it seemed that in the upcoming state elections, the results would be a sure victory for the Trinamool Congress – unless she herself did something suicidal like showing her temper and breaking off her relations with the Congress, something that The Sunday Indian had cautioned about earlier too. TSI had also said that the CPM had enough means and relations to influence the Congress to break up with Trinamool and it would require great diplomacy on Mamata’s part to maintain her relations with the Congress. After all, CPM had only got five lakh votes less in the last elections. At the same time, the Congress has its own committed vote bank; and without them, Mamata’s possibility of winning is very less, given that there still remains an unshakeable mass which will vote only for CPM (even though there’s no doubt that CPM's vote bank has shrunk).
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Wednesday, June 02, 2010

Yearning for home, scrambling for food

As the NSCN (I-M) leader Thuigaleng Muivah’s homecoming issue gathers storm amid the Naga Students Union’s month-long economic blockade, the crisis deepens in Manipur. Food and fuel is hard to find even at five times the actual cost, reports Brown Nongmaithem

Manipur has been in the throes of misery ever since the All Naga Students Association Manipur (ANSAM) imposed economic blockade on NH-39 and NH-53 in April this year in protest against the holding of Autonomous District Council (ADC) elections in the five hill districts of Manipur. The ADC elections have not been conducted for more than 20 years.

The blockade, which has the support of the United Naga Council, was intensified after two students died and many were injured in the police crackdown on Thuigaleng Muivah’s supporters at Mao Gate on May 6—the day the NSCN (I-M) leader had planned to enter Manipur. The Ibobi Singh government does not want Muivah to enter Manipur because the Naga rebel leader wants parts of the state to be included in greater Nagaland.

Although Muivah says he just wants to visit his birthplace, Somdal, the Manipur government is not buying his argument fearing disturbing consequences the rebel leader’s visit may have. In a development, the Imphal bench of the Gauhati High Court has instructed the state police to arrest the leaders of the troubling student organisations. But the government does not look in a mood to use force.“We are trying to reopen the Imphal-Jiribam highway. Talks are on with people residing along the route. We don’t want to use force. There are things we do not want to disclose at this moment but we are confident that the highway will reopen and the crisis will be resolved very soon,” Manipur government spokesperson Biren Singh told reporters.

The month-long economic blockade has thrown life out of gear in Manipur. While essential food commodities are becoming scarce by the day, hospitals are running out of oxygen, fuel and life saving drugs. Fuel scarcity brought the functioning of Imphal bench of Gauhati High Court to a complete halt on Monday. According to people’s accounts, they have been getting petrol and kerosene for Rs 150-200 and Rs 60-70 per litre respectively. Cooking gas is selling for Rs 1000 per cylinder in the black market. Even the black markets have run out of supplies. Furious over the home department’s failure to provide mobile security escort for transportation of goods, state consumer affairs, food and public distribution minister Y.Erabot said that the matter would be taken up with the union home minister and relevant authorities at the centre. Even as the state cabinet took a decision to send trucks along NH-53 with security escort for ferrying essential commodities including petroleum product on May 10, 12 and 14, the plans were aborted without giving any reasons after all arrangements were made. Seven loaded truck have been burnt down by unknown armed persons in the wake of the unrest arising out of Muivah’s visit near Kohima in the Nagaland capital and many other important offices of government have been set ablaze in Manipur.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Tuesday, June 01, 2010

Is China tuning into your cellphone?

Anil Pandey investigates how import of chinese SIMs can compromise national security and he finds the DoT not ignorant but wilfully negligent

The technical terms used by Rajesh Kumar (name changed) were coming like bouncers. He read my mind and brought out two mobile handsets. He handed one to me and asked me to call my wife. After I finished talking to her, Rajesh asked me to call her once more. But this time, the voice on the other side was not that of my wife. It was Rajesh. Rajesh smiled and said, “Why don’t you send her a message?” After I sent it, Rajesh brought his handset forward and showed me. I was dumbfounded. How could the message land in his phone? Rajesh soon clarified, “We have put a spyware on the mobile. Not only we can eavesdrop on your conversations (by diverting your calls using SIM) but we can read your messages and send messages from your number. We can trace your location and we can block your phone.” The risk of spyware always exists in SIM (operating system or application) if the SIM is not produced in a secure environment under control. SIM is the most critical equipment in mobile telephony. It is not only instrumental in authenticating against the mobile network but also the unique identity of the subscriber. Rajesh is a technical expert of communication instruments.

I wondered if in my place, this spyware would be in the phone of a scientist at Indian Space Research Organisation or a senior Army officer or an officer of the ministry of finance or ministry of home? All important information could reach the enemy. That my thoughts were not fanciful was corroborated by the apprehensions expressed by the ministry of home (MHA) and various Intelligence agencies. The MHA has already communicated to the ministry concerned about the possibility of Chinese companies embedding spywares into instruments and software being sold to the Indian cellular operators which might be used to acquire important information. Even then, lakhs of SIM cards are reaching India every week. The Smart card Forum of India reveals that between January and March, 2010, 4.5 crore cards have reached India.


The Department of Telecommunication (DoT) of the ministry of communication and IT issued a circular to cellular operators on December 3, 2009. According to this circular, any operator buying any software or equipment will have to get a security clearance. It was on this basis that the government did not permit several cellular operators to use instruments of Huawei and other such Chinese companies. The circular says, “The Licensee shall apply to the Licensor for security clearance, along with the details of the equipment as well as detail of equipment suppliers and manufacturers including original equipment manufacturers (OEM), before placement of the final purchase order of procurement/ up gradation of equipment/ software for provisioning of telecommunications service under the licence.” It is clear that no cellular operator can buy any equipment without the government’s permission. But before we reveal that how officials at the ministry have their own interpretation of the circular, thereby jeopardizing the security of the nation, you should know that SIM cards made in China are security hazards. In the past, terrorists had used Chinese mobile handsets without IMEI numbers, prompting the government to ban those.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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

Read these article :-

Monday, November 30, 2009

IIPM News - Joota Maro Andolan

Machendranath Suryavanshi
Joota Maro Andolan

Machendranath has become an idol for people who either throw or approve of throwing shoes at corrupt babus and despotic leaders. When the Iraqi journalist hurled shoes at President George W. Bush months ago, a detachment from FBI flew down to India to question Machendranath as to whether he was any way connected to the incident or had inspired the Iraqi journalist. A resident of Latur district in Maharashtra, Machendranath started it when a corrupt official asked for money to transfer in his name the land that has been allotted to him. In no time, Machendranath started getting nationwide acknowledgement.

To give it a rather all-India feel, he shifted to Jantar Mantar in April, 2006. He has continued his crusade against corrupt bureaucrats since then. His demand is dismissal of corrupt officials. “When I came to Delhi three years ago, I was alone. Today, many organisations and individuals have lent me support and are in some ways or other associated with me. People who come to protest in Delhi offer me moral support,” says the man.

He has a future course of action prepared. “I am currently preparing a list of corrupt officials. And it will be followed by a shoe-lobbing spree,” he says rather candidly. Well, babus better watch out.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2009


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



Thursday, January 22, 2009

IIPM NEWS - Global auto giants Toyota and Honda

Take global auto giants Toyota and Honda. Both are gung-ho on the success of their fuel-efficient hybrid cars, not just to allay government pressure but also because they know its potential to add to their bottomline. Already, both Toyota Prius and Honda Civic Hybrid are honking home with consumers. In FY-07 Toyota sold about 429,400 hybrid vehicles globally. Although less than 5% of its total vehicle sales, yet in terms of sheer hybrid sales, the figure put Toyota up 37% from FY06. Had the US slowdown not gate crashed as a party pooper, even the ailing Detroit three (GM, Ford & Chrysler) were all set to receive a cool $25 billion as a government loan to retool their gas-guzzler set ups, produce more fuel-efficient cars and fight the Japanese onslaught. As it happens, the credit crisis has put them in a spot and Detroit execs are instead requesting a $25 billion bridge loan from the Congress to merely help keep their head above the water.

India is not too far behind in the green race either (See India Inc.’s Green Gamble on page 75). Maruti and Hyundai have come up with LPG and CNG based variants for WagonR and Santro respectively to boost sales. Further, Honda has already launched its Hybrid in the Indian market, while other auto majors like Toyota and Mahindra are mulling strategies to launch their eco-friendly hybrids. What’s more, even before the Japanese and Americans could even start thinking in that direction, an Indian ‘hybrid’ car was already zipping across the efficiency highway - and we are not referring to oil efficiency here but electric cars. Reva, India’s very-own, Bangalore based, company was the first in the world to commercially release an electric car. Gung-ho by industry predictions that electric cars will constitute about 25% of all new cars by 2020, the management at Reva is excited about their steadily rising sales chart. In fact, Reva is already being sold in countries like UK, Ireland, Belgium, Spain, Cyprus, Greece and Norway.

However, the present global economic downturn may be a challenging time for the green brigade, albeit temporarily. With families struggling to stretch their household budgets, higher price of organic products is a big turn off, especially when cheaper mass market alternatives are ready to fill in the gap. But the lean phase is certainly not turning off marketers across the board, who are betting big on booming demand in times to come. And for all those who thought that green laptops, refrigerators, handsets, were part of a company’s philanthropic benevolence, rest assured that Jeff Immelt is (and will remain) an intransigent businessman, not a gullible altruist.
For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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Saturday, January 17, 2009

Mourners of hussain

The Shias have a wonderful tradition in the country, which includes the Hussaini Brahmins, writes Saurabh Kumar Shahi

On a certain day every year, Park Circus and Rajabazaar areas of Calcutta become police camps. Thousands of young men armed with swords and whips slowly move down the street, flagellating themselves furiously, bleeding, and constantly chanting, almost possessed, “Hai Hussain… Hai Hussain”. And then there is the Tazia. Adorned with colourful papers, screens and papier-mâché, these wood and bamboo structure bobs and sways a few metres above the heads in the crowd as the people meander through the road. The day is Azadari, or the day of mourning in the Islamic month of Muharram. The Tazia is basically the replica of the tomb of Imam Hussain, grandson of Prophet Muhammad and the martyr in the battle of Karbala. And the mourning crowd that accompanies these Tazias is that of Shias, or Shiites.

And whether in Park Circus in Calcutta, Hussainabad and Chowk in Lucknow or the Shah-e-Mardan in Delhi’s Lodhi Road area, the scene is the same, year after year. An integral part of Muslim community in India, Shias have seldom figured in the discussions of non-Muslims, news of their conflicts with Sunnis notwithstanding. Shias have a different tradition and beliefs than the majority Sunni sect. Both Shias and the Sunnis equally accept and regard the same book 'The Quran', voiced by the God. Both the sects accept Prophet Mohammad as the last in the incarnation tradition. The Haj (annual pilgrimage to Mecca and Madina), Zakat (alms-giving), Roza (fasting during Ramzan month), prayers five times a day and oneness of God are practiced by both. However, the similarity ends here. Bloody scuffles between the two sects are common across the world.

After the Prophet passed away (632 AD), the Muslims split into two camps. One believed that the baton of the lineage should rightfully belong to his son-in-law Ali. They called themselves Shia. And those rooting for Abu Bakr Siddiq as the Caliph were branded as Sunnis. “Later, Yazid, son of a Sunni Caliph, Muawiah and a tyrant, murdered Hussain and 72 members of his clan at the tragic battle of Karbala (October 10, 680). Since then, the sects don’t see eye to eye,” says Asad Rizvi, a Shia theologian.

In Lucknow, for instance, the two sects have clashed several times over decades, especially during Azadari processions. However, a new thaw in the relationship has emerged due to efforts by reputed theologians from both sects. Last Eid, Maulana Kalbe Sadiq, vice president, Muslim Personal Law Board and a noted Shia cleric, offered namaaz at a Sunni mosque, led by the Naib Imam of Idgah. Sunnis reciprocated, with Padmashri Haji Kalimullah of Malihabad leading a delegation of about 20 to the historical Asifi Mosque to offer namaaz behind young Shia cleric Maulana Kalbe Jawwad. “They (clerics) must promote dialogue and unity. I have read about other sects and have come to the conclusion that while they differ in matters of ritual, at the core many of them share the same spiritual basis. We need to build on that shared spirituality,” Jawwad told TSI.

However, it is anything but easy to remove the scars so easily. Both, Sunnis who adhere to the Wahabi school of thought, as well as fundamentalist Shias scorn such initiatives. Barring the Jamaat-e-Islami and Barelwis, every major Sunni school of thought (maslak) in South Asia considers the Shias as ‘divergent’. Ulemas of these maslaks have penned voluminous treatises that openly brand the Shias as heretics. They draw their ammunition from ideological forebears such as Ibn Taimiyah and Shaikh Ahmad Sirhindi, who have reserved the choicest invectives for Shias. The problem is, books by these scholars and their progeny are taught in madarsas, which in turn beget similarly bigoted maulanas.

But the times are changing. “In Pakistan, a Deobandi scholar, Maulana Irshad Madani, recently challenged anyone who can justify the denial of the need for Sunni-Shia dialogue. A leading Indian Deobandi scholar, Maulana Khalid Saifullah Rahmani, recently wrote a wonderful article stressing the need for Shia-Sunni unity and dialogue. Things are going to change for good,” stresses Sadiq, while talking to TSI.

And then, there are matters of jurisprudence. In the Jafari Shia school of jurisprudence, Ijtihad or “reconstruction of religious thought” is allowed, while many Sunni ulema argue to the contrary. “However, due to clearly defined roles of Ayatollah and a centralised system of jurisprudence, one seldom finds confusing and contradictory fatwas in Shia Islam. Sadly, the same cannot be said about the Sunni sect,” Tanveer Rizvi, noted expert on Shia-Sunni relations told TSI.

The Ijtihad has helped the Shia community come to terms with changing realities of the world. For example, noted Shia clerics have time and again advocated the use of anti-pregnancy pills and condoms as tools for family planning. Similarly, Shias have done away with triple talaaq system, which has been rampantly misused by the male dominated society. They have also offered the right to ‘Khula’, or divorce to Muslim women, an option given by Holy Quran but discontinued by later day clerics. “It is not possible to have a stagnant jurisprudence (fiqh) for a constantly and rapidly changing world,” Sadiq underscores.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs

Friday, July 18, 2008

Tata Motors and Maruti wish to do

GM, the world’s largest carmaker, has two manufacturing units in India; Hyundai and Suzuki, undoubtedly the world’s most ingenious small-car manufacturers, intend to make India their global or regional hubs for compact cars. The two are reportedly working on products that will specifically appeal to the Indian market, and also sell in the global markets. When asked about his company’s commitment towards India, Gyaneshwar Sen, GM (Marketing), Honda SIEL, says, “Off course, I think our actions show our commitment towards India.”

Explaining further, Sen adds that there are three factors that prove it. First, Honda has launched the latest global models in India. Second, the car company has increased its capacity from 65,000 to 100,000 units a year. In addition, once its new plant in Rajasthan is set up, the annual capacity will more than double immediately to 160,000 units, and later to 200,000 units. Third, Honda plans to launch a globally-sold premium compact model in India soon. Now that will add to what Tata Motors and Maruti wish to do.

Stating his confidence in India, Emmanuel Bulle, Director, Fitch Ratings, says, “India can indeed become a major player in terms of sales and manufacturing. I think that in the medium to long term, the growth looks positive.” In fact, global players who figured out India’s potential a little late now wish to enter the market through indirect means. In order to avoid delays, Renault has entered the market with M&M, and Nissan opted for a contract-manufacturing tie-up with Maruti. Simultaneously, M&M, Nissan and Renault have come together to open a manufacturing base in Chennai. Adding to this buzz is the fact that all the existing plants are operating at full capacity, and each one of them is planning to increase capacity via greenfield or brownfield expansions. After Mercedes Benz, BMW entered the manufacturing fray, and now VW is mulling over its plan to set up a base in the country. The additional advantage about India is that it has a huge domestic market. According to several studies, most emerging nations, which have become manufacturing hubs, have ridden on the domestic sales wave.


There were exceptions like the East Asian tigers, but the recent trend is more towards grow locally, spread globally. Listen to some of the excited voices on what can happen in the Indian automobile market. Says Wilfried Aulbur, CEO & MD, Daimler Chrysler India, “I have been to India a number of times and had the opportunity to see things change. Now India has express highways and people want cars for travel, performance and style. We have undertaken initiatives to promote the Mercedes brand name in India on the international lines.” BMW’s Kronschnable is convinced about India’s prospects as a market for expensive cars. He simply points out to the fast-changing Gurgaon skyline that can be seen from his office window. Jigar of Parag Parikh observes, “Global auto companies are looking at India as a potential market per se. India certainly is like an oasis to those who are feeling deserted with low growth & rising costs.” And according to Audi, “India’s luxury car market has tripled over the last five years; the current growth rate is around 12% annually. Consumer demand in India mirrors our global philosophy.” Considering India’s phenomenal growth as a component manufacturer, with annual sales of over $10 billion, the country’s auto industry has no qualms in dreaming big. Despite government’s interest rate interventions, the total passenger vehicle industry grew by a staggering 14% (Apr-Nov 07). Moreover, a global leading research firm RNCOS predicts that during 2007-08 to 2011-12, car sales will increase by an average of 12% annually. Moreover, India has the locational advantage to build for export-oriented factories as one can serve markets in East Asia (and Japan) as well as Europe.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Tuesday, July 08, 2008

Vying for VAIO…

Vying for VAIO…
Inspired by the fashion trends of late, Sony India brings to you a palette of colours – the new CR series comprising an uber-hip range of colourful notebooks. The VGN-CR11GH (P/L/W/R) model is available in Aroma Black, Beauty Pink, Indigo Blue, Pure White & Blazing Red to help you express your unique and distinct personal style. Now beat the office blues with these unmatched hues! Price Rs.54,990.

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Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

Friday, June 20, 2008

Made in China gets even more toxic

Remember what happened to the toys ‘outsourced’ to China by US toy giant Mattel? They were recalled – as they contained toxic chemicals. Now, after Mattel, it’s the turn of Hamleys, Britain’s biggest toy store, to withdraw children’s jewellery imported from China. Reason? The jewellery contained alarmingly high levels of lead – that could damage the brain, and even become fatal. London’s The Sunday Times claimed that out of 24 units of children’s jewellery bought (in London and Birmingham) as many as eight tested positive for high levels of lead. Of these eight, six had one or more components with more than 80% lead; the recommended international safety limit is 0.06%. In media reports, Paul Currie, trading director at Hamleys, was quoted as saying: “High levels of lead in children’s jewellery are totally unacceptable because this is a product that comes into contact with children.” What’s going on guys? After all, this is no kids’ stuff at all.

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Source : IIPM Editorial, 2008

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

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Tuesday, March 25, 2008

Three To tango…

What do you find extremely odd in the following description? “A fuel-efficient auto-rickshaw with a working meter, having ample leg space and a smart & extremely humble orangutan (!!!) as the driver!” We know, that was easy! A fuel-efficient auto with ample space and a working meter, simply doesn’t exist! As the statement mentions, it would be much easier to find an honest orangutan driving an auto! But still, autos continue ruling the travel roost in metros and auto companies, despite fighting each other till death, keep churning out the same old versions of outdated autos (if you believe CNG introduction is a mark of innovation, oh please...!). So what’s with the marketing warfare in this segment and what’s really with the product quality? “Bajaj Auto does not make ‘jugad’ (make do) products; we want to make high end, high value products for the consumer,” aggressively defended Rajiv Bajaj, MD, Bajaj Auto, to 4Ps B&M. The authority of the man comes naturally from the fact that his company controls close to 41.2% of the total three-wheeler industry.

Even though the ingenuity of the Bajaj three-wheeler – more commonly referred to as the ‘rickshaw’ – is now under threat. The young blood at the Bajaj helm is hell bent in furthering the game. However, after years at the dominating centre of action, Rajiv is suddenly feeling the heat from the new crop of competition creeping in, namely from Piaggio, Force Motors, Atul Auto and Mahindra. Rajiv’s concern has its roots firmly attached to the number of units that the competition sells. For information, between April-May 2007-08 (SIAM), out of the total 54,557 three-wheelers sold across the two segments of passengers and goods, almost 22,864 units were sold by Bajaj’s biggest competitor, Piaggio alone. Even though Bajaj has an edge because of its deeper market understanding and sheer penetration of its products in all categories, competing companies are now concentrating more on innovation.

For instance, Mahindra, another major player in the industry, offers its key product, the Champion series, in a larger capacity format. The same strategy can be seen being used by other competitors as well. This, at a time, when the Bajaj business model continues to revolve around the small capacity passenger segment, which aims at paid personal transportation. Figuratively, Bajaj products have evolved sticking to these specific lines, with the 4-stroke RLE and CNG variants being perfect examples of one platform utilization here. Competition, on the other hand, has been collectively focussing on the larger capacity, ‘partial’ point-to-point transportation. Moreover, it is surprising to note that while only 20% of Bajaj’s sales are contributed by the goods category segment, the competition has based its bread and butter on this less favoured sector. The reasons are not far to find. In the less-thanone- tonne goods category, the three- wheeler has emerged as a favoured product because of its cheaper cost price (compared to a four-wheeled commercial vehicle) and ease of maneuverability in congested traffic conditions.

Selling 4,330 units, 96.2% of Mahindra sales strucare overwhelmingly ‘goods carrier’- oriented; Piaggio’s 10,022 unit non passenger platform sales further vindicates the point. While speaking to 4Ps B&M, Paul Zachariah, Senior GM (Marketing), Atul Auto, revealed, “We are not competing directly with anyone as we are already in the good-carrier segment in a substantial way. Our main strategy is to expand our operations beyond the nine states we are currently present in.” Now the problem with Bajaj Auto is that it is stuck in a cleft stick situation where manufacturers are akin to scavengers feeding on market leftovers. Rajiv Bajaj stubbornly, though confidently, retorted to 4Ps B&M, “We have lost some market share in the short-term here, but this has happened because of heavy investments for the long-term (as) we would like to focus on four-wheelers and upgradations.”

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Source : IIPM Editorial, 2008

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

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Monday, November 26, 2007

POTA? Funny!

DEFENCE : ANTI TERRORLAW
It’s funny there’s no Act now...

Probably there’s no other country in the world, which has faced such a severe onslaught of terrorism and yet finds itself lacking tough laws to combat this menace. NDA Government’s POTA (Prevention of Terrorism Act) was brought in effect through an ordinance, but the UPA, to prove its secular credentials, revoked the powerful law, arguably only to handicap the police in convicting terrorists. Though POTA’s efficacy can be questioned, the fact is that the absence of a sensible Act has helped terrorists to continue with their work knowing well that even if they get caught, there were high chances of their getting spared (For example, it is nothing less than ridiculous that state police still needs permission to cross the state border while chasing down terrorists), one reason why ‘encounter killings’ by the police increased. State police forces, barring those in J&K, Andhra Pradesh and Punjab, are no match for organised terrorist groups, more because of the lack of structured powers than because of lack of ammunition. Unless the government shows resolve, the battle is surely not going to be won on the streets...

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Source : IIPM Editorial, 2007

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

Monday, September 03, 2007

KINETIC MOTORS

Kinetic gatecrashes into the party!
Though having failed to make a mark in our survey last year, Kinetic Motors makes its debut this year at rank 90, but what 4Ps B&M sees in Kinetic is its inherent capability to manoeuvre its way right to the top under its exuberant Jt. MD, Sulajja Firodia Motwani. With an ever increasing appetite and not limiting itself to domestic catfights, Kinetic Motors, this February, signed contract with companies from Egypt and Sudan to export its scooters. Moreover the icing on the cake comes with the news that the company is already exporting scooters to Japan with the second export order already secured. While new models to be launched are kept under wraps, one can be rest assured of quality and a brand value only to be revered. K.V. Sridhar gets candid, “Kinetic is not doubt a huge brand but has lost its way mainly due to TVS bringing out its Scooty that has eaten Kinetic’s market. Its time for this brand to strike back...”

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Source : IIPM Editorial, 2007

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

Friday, August 31, 2007

VIDEOCON

Everyone talks about its umpteen foreign acquisitions, but listen to its India strategy too – it’s incredible!
When you talk about a global brand, imagine ‘Videocon’ and that’d be enough! In consumer durables, Videocon has Akai, Sansui, Allwyn, Hyundai, Electrolux and Kelvinator – the very names that have earned some degree of respect for giving convenient technological solutions to their consumers. And besides the much-hyped Daewoo acquisition being the most heard-of event for 2006-07 when it comes to Videocon, about which Tushar Bhattacharya, Senior Economist, FICCI, feels, “This acquisition forms a major part of Videocon’s branding strategy.

The brand is not only getting brand equity but also the entire Daewoo network”; its recent India- centric strategies cannot be overlooked. Videocon, last year banged on the market during the festive season with many an offers. For Onam, it had “Onama hot savam hat-trick offer” in Kerala doling-out three gifts on every purchase. For Diwali, the brand offered “Har Din Diwali” offer. A clever move on Videocon’s behalf also was dropping cricketers as its brand ambassadors and roping-in Bollywood’s King Khan which indeed gave the brand that much needed push to rise 25 positions to occupy the 63rd rank for 2007. Surely, it’s been a terrific brand performance for Videocon – ‘The Indian multinational’ brand!

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Source : IIPM Editorial, 2007

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

Tuesday, August 21, 2007

GOOGLE

Brand Google is soaring globally, but its India strategy clearly needs more punch
Every one loves the $144.6 billion giant Google! And why not, thanks to them, you have the world at your finger tips! It might have slipped fifteen places to a seemingly unimpressive number 37, but surely, with 53.7% of the world search-engine market share, it undisputedly stands tall and worthy to be called a brand that garners a swashbuckling $10.6 billion in revenues during 2006 (at a growth rate of 121.6%, since 2002). The year 2006 also witnessed quite a few acquisitions, starting with Google’s acquisition of YouTube – a popular video sharing website, making it a huge rage among the youth. Then in October 2006, it cemented its hold even on the working population with its acquisition of Jot Spot, an enterprise social software. Despite its activities being on a global scale, India has not found itself out of action when it came to playing a role in this giant’s business development. The brand has given millions of Hindi-speakers a reason to rejoice with Google News in Hindi and has even come out with two venture capital funds, Seed fund and Erasmic. Shailesh Rao, MD, Google India told 4Ps B&M: “We want to be a catalyst for the India entrepreneurial spirit and create new services for the Indian market.” Google has also initiated its ‘click-to-call’ ads in India, a tie-up with Bharti Airtel to provide a mobile search option. Brand ‘Google’ has clearly left its competitors with no choice, but to ogle!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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