End nuclear apartheid

IIPM : EXECUTIVE EDUCATION

The Iran situation should not escalate

United Nation’s nuclear watchdog IAEA Director General Mohamed ElBaradei was a man of controversies. He ran into controversies because of his reluctance to buy the western world view. “We must abandon the unworkable notion that it is morally reprehensible for some countries to pursue weapons of mass destruction, yet morally acceptable for others to rely on them for security,” he declared once. His approach towards Iran has also raised tension with the Bush Administration. In a world where the nuclear spectres are likely to remain in spotlight, people like ElBaradei have great relevance and salience.

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Source : IIPM Editorial, 2008

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

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FII ke side effects

IIPM’s 36th Glorious Year of Academic Excellence

Good cause, but be circumspect?

Despite having a foreign exchange reserve of over $260 billion & control on over a trillion dollar economy, the Reserve Bank went through challenging phases this year, curbing & containing the country’s ‘fair weather friends’, the Foreign Institutional Investors (FIIs). Till 26th Nov., this year, FIIs have already pumped in nearly $17 billion and affected country’s economic health & given sleepless nights to its monetary regulator, Reserve Bank of India.

Basically, foreign investors who want to invest for short term gains without getting themselves registered at SEBI, do so through FIIs, which are registered bodies with the market regulator. These FIIs issue Participatory Notes or PNs to them, the only way through which these FIIs can invest in India. Since these PNs mainly deal in dollars, a huge amount of dollar comes in. In order to keep the exchange rate stable and dole out excess dollar, RBI buys it from the market. But the process lands up having excess rupee than required in the capital markets. This excess supply without demand decreases rupee value, which eventually raises inflation, a common instance that we all encountered this year! So it becomes a Catch 22 situation, where either way lies the defeat for the country’s finances.

SEBI tried to control them by putting a limit on the investments through PNs, recently, which even proved conducive to quite a large extent. But a better way to preclude the excessive moolah from pooling in the market, could be taxing the capital gains. RBI did something similar to control the excess External Commercial Borrowings (ECB) by proposing a sterilisation tax, which was supported by many analysts too. Director, Crisil, Dharmakirti Joshi told B&E, “ECBs are a major source of such capital inflows and in order to moderate these ECB flows, RBI has proposed a sterilisation tax.” Nonetheless, levying taxes has its own pros & cons, but this might just inhibit FIIs from wrecking further havoc in Indian markets.

B&E edit bureau: Shashank Tripathi

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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)
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A pocket-full of Kryptonite!

IIPM’s 36th Glorious Year of Academic Excellence

Lalu clearly had other plans. He not only rewrote the macro model (introducing new lines, newer trains, connections etc), but restructured even the minutest of minute processes – from new business models to book rail tickets through mobile phones, tatkal sewa, replacing plastic cups with kulhads (giving employment to the rural industry rather than to plastic manufacturers) to name a few. But what transformed Indian Railways was a critical number Lalu never forgot. Lalu knew that he could never make enough money from individual travellers (something LCCs have been trying sine die).

So, the area he targeted was transportation of commercial goods. Where he gave to the masses, he sucked the commercial goods transport clients clean. Today, the bulk of earnings of Indian Railways (more than 70%) come from this sector! His brilliant pricing strategies in the commercial sector allowed him to make Railways an immediate cash rich proposition within one year of his taking over [The negative cash reserve, which Railways had in 2004, turned into surplus next year. In 2005, Railways made a cash surplus of Rs.9,000 crore, which increased to Rs.14,000 crore in 2006. It crossed Rs.20,000 crore in 2007 and finally reached a surplus before dividend of Rs.25,000 crore in 2008, with net earnings reaching a whopping Rs.72,655 crores]; a move that gave him flexibility to pass on a huge part of the surplus to the non-commercial travellers, a move that started the exodus – small at first, unstoppable recently – from LCCs and even other airlines to Indian Railways.

So, a family that could have gone from Delhi to Mumbai in Air Deccan or Jet Lite started giving LCCs a miss to enjoy a nice overnight journey on the Rajdhani. And why not! In January 2006 when air turbine fuel (ATF) rate per kilolitre was Rs.43,600, a SpiceJet ticket for Delhi-Mumbai flight used to cost Rs.2,955, but the same ticket in May 2008, after ATF rate per kilolitre rate reached Rs.61,150, was Rs.3,360. While an Air India ticket for the same Delhi-Mumbai flight, which used to cost Rs.6,068 in January 2006, cost Rs.7,708 in May 2008. And a Rajdhani three-tier AC ticket from Delhi to Mumbai was priced at only Rs.1,495 in June 2008. Even a two tier AC ticket costs around Rs.1,975. And what else, a 1st class AC ticket costs only Rs.3,305!

In fact, the condition in the short-haul routes is more terrible. Currently, air tickets in such route flights like Coimbatore-Chennai, Bangalore-Hyderabad, Mumbai-Pune and many others would cost nothing less than Rs.4000 (depending upon when you book them) while a 2nd class Railway ticket is available at around Rs.1,000 approximately.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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
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
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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 ...
domain-b.com : IIPM ranked ahead of IIMs

Karnataka is known for its unique heritage temples

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Although they say it’s one state and many worlds, but most of them still think Karnataka is just limited to Bangalore, at least in terms of investment. pawan chabra of 4Ps B&M makes an attempt to explore those unexplored faces of the state...

Isn’t it a coincidence that the great warrior of all times Tipu Sultan and the flamboyant Asian Richard Branson aka Vijay Mallya (who bought the Sultan’s sword back to India) have their roots in the same state - Karnataka. Certainly it is, along with a sense of pride that flows in for free! However, being at No. 4 among the Best Marketed States (ranked by 4Ps B&M and ICMR Survey 2008) doesn’t come easy for it. It isn’t a matter of just coincidence but an array of well planned moves by the state authorities that places it among the best marketed states in the country.

Apart from being called the ‘knowledge hub of India’, Karnataka is known for its unique heritage temples, hill stations, exotic beaches, wildlife sanctuaries, et al. With the second highest number of nationally protected monuments in India and two of the world’s best waterfalls, it surely promises an enchanting land abounding in scenic beauty to those keen on exploring the state. In fact, these facts favouring the state have also paid off as the number of tourist inflow has grown at a decent pace over the past one year. The number of tourists visiting Karnataka in 2007 stood at 32,270,516 showing a phenomenal growth of over 1,000% as compared to 2006 where the figure stood at a meager 3,204,000. “Karnataka is very different from other states as God has sprinkled natural beauty all around. It has a mix of hill stations, historical places and beaches,” Janardhan Reddy, the newly appointed Tourism Minister for Karnataka tells 4Ps B&M.

Well, it’s not that the state government is only serious about the leisure tourism, but it equally seems focusing on business tourism (keeping in mind the recently inaugurated airport) as well. In fact, the government aims at making tourism Karnataka’s major economic activity and a biggest tax generator and employer for the state in coming years. Moreover, with the boom in the medical tourism in India at large, the Karnataka government has already taken many initiatives to promote health tourism in the state. With an ASSOCHAM projection of the health care tourism reaching a mind boggling figure of Rs.80 billion by the year ending 2012, the state has a lot of potential to grow in this arena. As a matter of fact, the state is emerging as a major destination for dental tourism.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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
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 ...
domain-b.com : IIPM ranked ahead of IIMs

India’s Best Marketed & Promoted States. An ICMR & 4Ps B&M Survey...

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

The survey on ‘India’s Best Marketed and Promoted States’ was conducted over a period of four months and in two phases:

Phase I: In the first phase, the Indian Council for Market Research (ICMR) collected relevant data from various state tourism and industrial development departments. These included, details of their proposed industrial budget, their promotional advertising budget, and their tourist inflows (both domestic and international) for FY 2007-08’. In addition, to understand and give relevant weight-age to investment opportunities in the state, ICMR also collated data on the following:

1. Foreign direct investment (FDI) in individual states and strategies adopted by that state to attract more foreign investors.
2. Total number of companies operating in the state, their total sales, net profit and their total market capitalisation for the FY07-08’.
3. Expenditure incurred by the state as assistance and development on various sectors and industries.
4. Data on the sectors being focused on by that state; Infrastructure and transportation (for raw materials/finished goods, business purposes) facilities available in the state.
5. In addition, policies followed by respective states for development initiatives were also taken into consideration.

Phase 2: In the second phase of the research, the ICMR team undertook a public opinion survey on the people’s perception of the promotional activity that respective states are taking. The survey took into account the respondents perception on the promotional activity being undertaken by respective states, as also their perception about investment opportunities in that state. A total of 525 respondents in five major Indian cities (Delhi, Mumbai, Kolkata, Chennai & Bangalore) were interviewed.

The final ranking is based on average weightage given to respective parameters as given below:

* Proposed industrial budget has the highest weightage of (60%)
* Public opinion survey (20%)
* Proposed advertising & promotional budget (10%)
* Tourist inflows (10%)

The final rankings for India’s Best Marketed & Promoted States are based on the composite total of the ranks for each parameter above. Happy Reading...

Notes to the table alongside:
• Figures for all parameters are for the FY 07-08’
• The source for the Proposed Industrial Expenditure is official websites as well as telephonic interviews from respective governments of States and UTs
• The source for Tourist Inflow and Promotional Advertising Budget is information garnered from respective government’s regional offices
• The data on Tourist Inflow for the states of Maharashtra & Chattisgarh is of FY 2006-07’ due to non-compilation of data for FY 2007-08’
• The data on Tourist Inflow for the state of Punjab has been calculated as per the information provided by the State Tourism Board
• The data for Delhi under the parameter of Promotional Advertising Budget has been taken from delhiplanning.nic.in
• Data for the state of MP for proposed industrial budget uis inclusive of 466 industries & entrepreneurs MOUs.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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
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 ...
domain-b.com : IIPM ranked ahead of IIMs

Mithun Mirji (29), Leo Burnett.

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Creative people from every field, whether they are musicians, singers or artists, are his inspiration, for he feels that they are far more creative than a person in advertising can be. Personal satisfaction has always been his greatest driver. “At the end of the day, what matters more is a great piece of work that gets noticed and which makes you noticed. So work is more important and if that work comes out good that gives me a sense of contentment,” says the creative genius who bagged a silver Radio Lion at Cannes last year for the Cehat’s anti-female foeticide campaign. Well, he has not let all this fame go to his head, and claims that getting the award has been the second highest moment in his life; the first defining moment being the day he actually got a job in the advertising industry. But strangely enough, he landed here sheerly by accident. A hotel management graduate, he by chance got into Symbiosis Institute of Mass Communication, but it was only after he did his internship in an advertising agency that he eventually fell for advertising. Even after achieving so much success, his mantra for life is to enjoy. “I enjoy life and I enjoy my work,” he claims happily.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

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

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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