All it takes is Rs.777!

IIPM BEST MBA INSTITUTE

Imagine a cell phone for a song! That’s exactly what Indian customers are going to get used to now! Reliance Communications has just released in the Indian marketplace what will be one of the cheapest handsets in the world; the Chinesemade Classic 202, which is SIMbased, and priced at Rs.777! If the price tag wasn’t all that mattered, then do have a look at the valueadds that it offers: FM radio, polyphonic ring tones, et al. Other than the 202, Reliance also launched the Classic 204 and Classic 203 – priced at Rs.844 and Rs.888, respectively. S. P. Shukla, President (Personal Business), Reliance Communications, declared, “We believe that this would provide customers, looking at second-hand phones, an opportunity to buy a new handset. The lowering of handset prices would also increase the telephony penetration in the country.” The company hopes to sell 3-4 million handsets annually. And things only seem to be getting better and better. Earlier, unlike GSM handsets, CDMA handsets could not be swapped with other service providers – basically, if you bought a handset from a particular CDMA service provider, then you were stuck with that service provider only. With this model, you can easily move from one CDMA service provider to another. Now isn’t that cool enough?!

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Source : IIPM Editorial, 2007

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

Directions In Upcoming Year

Renowned Management Guru

The coming year is bound to see those SMBs on the growth curve, which are looking to consolidate competitive positions driving greater IT spends. These SMBs will increasingly look for scalable IT solutions that would give greater returns on investment. Enterprises will base their IT spending patterns more on the industry-led shift s, intrinsic organizational changes and business growth initiatives. The adoption of advanced applications, Web services and the serviceoriented architectures will be more rapid in the banking & financial services, manufacturing, telecom and retail industries. Major banks that have already taken the lead in terms of Core Banking Solution initiatives will want greater consolidation at the back end and improved business process efficiencies.

The aviation, health-care, pharma and FMCG sectors will attempt to seek greater alignment of business and IT goals and then aim for “customised consolidation” of business. Whatever the choice of delivery model and service orientation of the IT companies, they have to be extremely well-primed to be able to address the client’s business environment-dictated needs for IT solutions. The Indian IT success story is set to continue well into the next decade – and through its various linkages, it will spur the nation’s economic growth as well.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri Initiative

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Burning the very ground we tread on!!!

IIPM PUBLICATION

Picture this – our descendants suddenly wake up one fine day in the summer of 2100 and scan through their monthly shopping list. And guess what? The item that weighed the heaviest on their pocket, turns out to be nothing, but oxygen cylinders! Oops! Did we sound strange there? Well, maybe, but understanding the most likely and most deplorable condition of global environment, that is very much a possibility! To be more direct, we are dealing here with a pressing question: Can we be assured of enough greenery and wildlife even two decades hence?

Sad, but as we catapult into a new era of economic growth, uncertainty, political tussle and the shifting of the equilibrium of power – which is perhaps the most ignored – is the very earth we tread on! Yes, it is the very stage on which multinational sagas are unfolding. And today, the most critical issues which threaten the very existence of mankind are global warming, deteriorating wildlife and decimating forests.

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Source : IIPM Editorial, 2007

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