Offside football coffee table – 307,524.8 INR

The FIFA World Cup in South Africa might be three years away but football fever refuses to die down in-between. For those of you who keenly follow the English Premier League or European Football, a new product is about to light up your living rooms. A coffee table with a top made of glass, sheltering a mirrored football arena below, and a body made of oak and possessing a stainless steel frame – the Off side Football Coffee Table – is the ideal furniture for any avid football fan to lay his hands on. Designed to perfection by Howard Bushell in his practicum at Worcestershire, this offering is all set to turn the tables...

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative


IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

Don’t look any further; we have Indian banks

Harder to digest are the declared profit figures of foreign banks operating in India. Stanchart (with a 51% jump in profits), HSBC (a 64% rise), Citibank (27.5%) swamped the profit growth list; and the reality was that a significant portion of the growth came from non-consumer finance segment. For example, while a third of HSBC India’s profit comes from treasury operations, the remaining came from corporate banking. And the reason for tub thumping is the same for almost all foreign banks – Indian M&As. Not that foreign banks should not be allowed to make profits (in fact, it’s creditable that they’re operating with such supreme world-class efficiency in India), but of crying shame is the attitude of Indian banks that has ensured that they’ve simply not marketed themselves well in an opportunity where they could have ended up with humungous profi ts and net worth growth. And at a time when the customers themselves were none other than Indians. Ignominious is how I describe it! I’m sure analysts won’t be that lenient...

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

“India is one

The more the merrier, they say! But, can the existing ad-pie accommodate so many channels? In the year 2006, advertising spends showed an exponential growth of 23% over last year’s spends to touch Rs.163 billion. However, as compared to other countries like New Zealand where ad spends contribute 1.38% to the GDP, Thailand (1.6%) and Singapore (1.12%), in India, the percentage is as low as 0.34%, which is miniscule as compared to the global average of 0.98%. Sure, there is enough room for the advertising pie to expand. What is also driving channel launches is the lesser dependence on advertising revenues in the future. The coming in of Direct to Home (DTH) and Conditional Access System (CAS) will ensure that most of the subscription money reaches the broadcasters.

Media planners are upbeat about the current churn in the industry. Says Naresh Gupta, National Head, Strategic Planning, Grey Worldwide, “Right now, there is nothing that speaks to a young girl or to a teenage boy or a 40 year male, and there is nothing that speaks to a retired man… From the agency perspective, the sharper audience you deliver to me, the better results it will get.”

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

“Blair option”

But even if Blair can get the economic development issues right, he can’t stop there if Abbas is to have a chance to succeed. Blair will need to gain Israel’s assurances that life for Palestinians, both in the West Bank and in Gaza, will become better. That includes greater freedom of movement, both within the West Bank and between it and Gaza.

Blair will also likely press Israel to prove its intentions by stopping all settlement activity in the West Bank – no new settlements, no expansion of existing ones.

By the same token, Blair will need to press the Palestinians to deliver a virtual cessation of attacks on Israel from Palestinian territories, including by Hamas, lest all peace efforts be blown apart by renewed fighting. As always, such a cessation would be at the mercy of extremists competing for power or bent on making peace impossible. In the process, Blair will have to talk to all parties, including Hamas – an Israeli and US sticking point.
These are all needs to be met even before the US can try again to broker a political settlement between Israel and the Palestinians. In the end, the obstacles may cause the “Blair option” to fall short. But everyone committed to a positive outcome for Israel, Palestine and the Middle east, should wish Blair good luck.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative