Monday, December 22, 2008

Intelligence speak: Needed, raw political will

Vikram Sood
Former RAW chief


The fidayeen attack on Mumbai is not only one of the biggest terror attacks in Indian history; it is the first of its kind. The terrorists have been misleading the media by claiming to be members of Hyderabad Mujahideen. The fact is that the audacious attack is part of a deep conspiracy against India that I am sure will gradually unravel. We are still to get the total picture.

This terror onslaught is much like the 1993 Mumbai serials blasts to avenge the demolition of the Babri Masjid in 1992. These latest attacks were extremely well orchestrated and carried out with the help of foreign elements. My own feeling is that even the underworld could be involved. And of course nothing of this scale could have happened without liberal assistance from locals. The underworld must have provided them with the logistical support needed to carry these out. Now, after Afghanistan and Pakistan, it is the turn of India to become the terrorists’ target.

Among the questions that must be answered soon is how the terrorists were at all able to land in Mumbai with their huge arms caches. Also, how did they reach these hotels? Were they or were they not frisked by the security men posted there? An intensive probe is needed to ascertain just how the terrorists managed to sneak in. This is why I say that they were helped and protected by local elements. An attack of this complexity could simply not have been planned in a day. The terrorists must have come to Mumbai and been around for long enough to do a meticulous recce of the areas they targeted. What particularly baffles is why the police so miserably failed to get wind of their movements. There is thus a persistent question mark on the efficiency of the Mumbai police.....Continue

Thursday, December 18, 2008

Ring of confusion

Everyone knows that if you want to estimate the age of a tree, you count the number of rings that make up its trunk. But would you do the same thing if you wanted to estimate the age of the rings?! Rings of planet Saturn, that is. Scientists are trying to calculate the age of these mysterious rings, and have estimated it to be 100 million years old. They reason that since the rings are shiny and reflective, the particles they contain are young and therefore the rings themselves are very young. Others however feel that with the age of our solar system being much older (4.55 Billion years), Saturn’s rings can’t be such a recent development. Who’s right? Sit back – it’s going to take a while....Continue

Saturday, December 13, 2008

IIPM

The Indian Institute of Planning and Management

Astro-psephology: who will win?

Starting with 1998 elections, psephologists, and what can arguably be termed ‘swingologists’, who changed their predictions hourly as reports of vote counting came in, looking at a swing here or a curve there, have all failed. So have the exit polls. Not just that, each exit poll (depending on which news media house was doing it, may be) contradicted the other, all going wild and none scoring a point, let alone the bull’s eye. The classic example of exit poll malfunction was in 2004, when most polls gave Bharatiya Janata Party a sweep. Congress romped home in a coalition instead. Recent times has seen politicos increasingly looking up to the galaxies and their readers for predicting their futures. So TSI decided to give it a go. Here are some astrological predictions from famous fate readers, each contradicting the other, many contradicting themselves too! And let’s wait till the results to check out which wins: psephology or astrology.......Continue

Wednesday, December 10, 2008

The BJP’s five-year term in Madhya Pradesh has fired the imagination of a lot of people who are keen to contest on the party ticket

What is the main election plank in Madhya Pradesh?
It has to be Congress’ inertia; its complete failure at all the fronts. In fact, being an opposition party, Congress does not have any issue that it can raise against the government. In fact, it is unable to raise questions on the performance of the government.
Congress has leveled serious allegations against the government including her inability to stop crime against women, arrest the increase in communal skirmishes and hunger deaths among others…
What can I say on that? I mean the work done by the government is there for all to see. There is no doubt that BJP’s tenure has been exceptional.
BJP’s prospects in the state can take a hit with the entry of parties like Bahujan Samaj Party, Samajwadi Party and Bhartiya Janashakti Party…
The state has witnessed a two-party struggle since 1962, I believe. And I am pretty sure it won’t change this time around too. In fact, this time too, only BJP and Congress are claiming to form the popular government. I mean there is no space for other parties here. Yes, they might gain a few seats here and there because of the delimitation. However, it is highly unlikely that they will be successful in increasing their share of vote.

But will it make a dent into BJP’s share of vote?
Some people get this bizarre idea that the party is dependent on an individual. BJP is a cadre based party. It is not a one family show. People who think like that are going to face a reality check in these elections. I am pretty sure that BJP will have a surprise return.

Do you have the cadres to take the message of the government?
Yes we do. We are ready. ...Continue

Friday, December 05, 2008

Bhattacharjee's pipe dream!

West Bengal Chief Minister Buddhadeb Bhattacharjee's claim that his state is an island in the dark sea of law and order stands shattered. Union ministers Ram Vilas Paswan and Jitin Prasad learnt this bitter lesson when they were returning after the foundation ceremony of Jindal Steel Works at Salboni, West Midnapur district, on October 26. Within 30 minutes of CM's departure from the site, a massive bomb blast took place, barely 20 metres away from the car carrying the ministers and JSW chairman Sajjan Kumar Jindal.

It is a measure of law and order failure that even after this, it was not the police which informed Bhattacharjee that his guests had been targetted. Rather, it was Paswan who called the CM up and told him. On November 3, Paswan sent a letter to Prime Minister Manmohan Singh seeking proper security, especially while travelling in West Bengal....Continue

Monday, December 01, 2008

Just a minute dmitry...

It was no accident that Dmitry Medvedev, the Russian president, announced a fresh missile deployment within hours of Barack Obama's election as US president. It was an attempt to knock the new entrant off the nerve; however, it also underlined Russian position vis-à-vis US design to deploy missile shield in Eastern Europe – Russia’s playground since time immemorial. While it offered the Russian leader a chance to charm the domestic audience who have had enough of western bullying in years when Post-USSR Russia lied low after its cold war defeat; it is equally true that given the Democrats’ indisposition about the missile shield in comparison to the Republican hawks, Russia jumped gun too early this time around.

Over the years, in an endeavour to bolster NATO members in the east of reciprocal security guarantees, the US and other western NATO states have time and again infuriated dormant Russia. However, a blatantly one sided approach of the west on Georgian affair and proof of American provocation of its headstrong President Mikhail Saakashvili, has made Russia come out of its cocoon. Medvedev's military message was also intended to daunt the Poles and the Czechs, who are to host the bases for the Pentagon's silos for 10 ballistic missile interceptor rockets. The missile that has been finalised to be deployed in retaliation in Kaliningrad is Iskander-M......Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Saturday, October 25, 2008

Further support of women’s rights is a must to ensure better stability of family life

As women gain collective rights, and especially as men accept their changed roles, many disruptive effects of familyBetty Friedan’s The Feminine Mystique change are ameliorated. In US, divorce rates for well-educated women are now much lower than for less-educated women, and women with good jobs or who have completed college are more likely than more traditional women to be married at age 35. Today, going to work decreases the chance of divorce. In families where the wife is employed longer, men tend to do more and better child-care, with measurable payoffs in child outcomes.

Of course, marriage will never again be as stable or predictable as when women lacked alternatives. But change has far less negative consequences when women have access to economic rights than when they don’t. In the Nordic countries, out-of-wedlock births are much higher than in US, but children of single mothers are much less likely to experience poverty, and spend more time on average with both biological parents, because cohabitation there is more stable than in many American marriages....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Tuesday, October 21, 2008

Finally, the right brew?

Lavazza’s attempts to gain synergies from Barista seem to be working well so far

Just as Indians developed a growing passion for eating out, they have also developed a phenomenal penchant for coffee. The land of teaFinally, the right brew? drinkers has indeed created an exorbitant café market of Rs.8 billion (according to Technopak Advisors) and the organised coffee chain in the urban market is growing at a breakneck 35% per annum. It is no surprise that the organised coffee chain has been brewing hot over the past few years. But interestingly, successive owners of Barista have failed to take the heat.

The company has been through three changes in ownership in a time span of just six years, and four CEO changes in a time span of five years. A coffee chain started by Amit Judge of Turner Morrison, Barista was sold off to Sterling Infotech Group (65% stake for Rs.300 million) and to the Tatas (remaining 35%). Maverick NRI businessman – C. Sivasankaran, who owned Sterling Infotech, has a penchant for acquiring companies but no intention to hold them for the long run; even the Tatas. So the Tatas sold off their stake to Sterling and finally Sterling sold it to Italian coffee major Lavazza....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Saturday, October 11, 2008

Green to the gills?

Here’s B&E’s lowdown on how to walk the ‘green mile’ without losing your way!

Nothing in the last few years has gained so much prominence the world over as much as global warming and climate change have, so much so, that from the food we eat to the clothes we wear, and from the cars we drive to the houses we live in, everything has been re-engineered and redesigned to make it more environment friendly.

But all this noise has also led to confusion in the minds of many. Just the other day I caught up with a friend who is ever so determined to reduce her carbon footprint. She drives 20 kms to this shop that sells organic food when she could easily buy inorganic food from the neighbourhood store, or better still, order it over the telephone just so she could do her bit for the environment. Usually the one to have all the answers, she asked, “Should one buy organic vegetables produced in far away places or inorganic stuff grown nearby?” Now that’s probably getting too deep into the matter, I thought. But if you belong to the school of thought that thinks that the whole deal gets a little confusing at times, there are simple things that could make a difference. Information overdose has had the most conscious of people confused. That said, we do have a problem at hand and a little thought is all it’ll take for us to make a difference......Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Tuesday, October 07, 2008

Crisis in Bihar BJP blows over

Coordination body to calm down rebels seeking Modi's head

The looming crisis in the Bihar BJP unit has abated somewhat. Crisis in Bihar BJP blows overThe rebel MLAs who had been demanding the head of deputy CM Sushil K Modi for failing to protect their interests in the Nitish-run government, have been told by the party that there can be no leadership change. All it would promise was a coordination body with rebel leaders on the board. “The rebels can rebel as much as they like, both Modi or and state BJP president Radha Mohan Singh will stay put for the moment. A reshuffle is out of the question,” said a senior BJP leader in Delhi. A section of the party had been targeting Modi after two senior ministers from the BJP were dropped from the Nitish Kumar Cabinet and the portfolios of two more were changed.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Friday, October 03, 2008

Patented out, legally redeemed

As lawyer Kindler loses court battles, army man Clark strengthens his defences with a flanking strategy


Every time a new face takes on the mantle of a CEO in a pharma company, bold promises and impressive statements are the order of the day, giving aggrieved shareholders assurance of better times ahead. But perhaps, deep inside, every incoming CEO of a pharma company is well aware that he could be in for several sleepless nights ahead, as he simultaneously keeps track of expiring patents, lawsuits, litigations, et al, not to mention sluggish sales volumes and increasing generic competition. Some make the cut and some don’t and the story of the head honchos of Pfizer & Merck illustrates this perfectly.

When Jeffrey Kindler took the helm of the $139.5 billion Pfizer Inc. in 2006, he dauntlessly proclaimed to completely transform virtually every aspect of doing business with concrete, hard-hitting action plans. ...Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read also :-

Monday, September 22, 2008

Time to (re)reorganise

Unilever continues to restructure its operations, but to truly revive, it must focus on market shares

It has some of the world’s best managers and some of the most prolific brand portfolios. Yet, Unilever seems to be way past its prime, the days when the mere mention of its name commanded tremendous respect and admiration. Thanks to inability to cope with market trends, the company is desperately seeking a route back to good ol’ days.

Although 2007 has been a better year, there still remains a lot to achieve. While announcing results for the nine months ending September (turnover increased by 4% to €30.3 billion & net profit by 20% to €3.3 billion), CEO Patrick Cescau had enthusiastically commented, “Focus on our growth priorities, together with stronger innovation, improved speed to market & better in-market execution, is delivering consistent & sustainable organic growth.” 2007 results, to be announced as this magazine goes to print, are expected to be in line with company expectations of 3-5% organic growth.

Yet, as always, there are some devils in the details. As per Credit Suisse analyst Charlie Mills, a large part of the increase is due to rise in prices, i.e. value growth (around 2.5% in price growth estimated in Q4, 2007). The company underperforms peers like Reckitt Benckiser, Nestle & Cadbury in organic growth for 2007. Market shares are lower in 2007 compared to 2006 in most categories across Europe & US; deodorants being the only clear saving grace. Morgan Stanley analyst Michel Steib also maintains an underweight rating. He adds, “Unilever’s headwind from commodity costs will double from around 200 bps in 2007 to over 400 bps in 2008 estimate for the full year.”

The company had announced plans to do away with a whopping 20,000 jobs in August last year. Even emerging markets, long touted as a saving grace are facing the flak, evident from recent news of Hindustan Unilever Ltd. (HUL) doing away with 50 managerial positions. Comments K. Sudarshan, Managing Partner, EMA Partners India, “Earlier, HUL was insulated from the global parent and the company was designed for the high growth era.” He adds at the rates of growth prevalent at that time, they could carry non-performers.

Now the parent company is taking up more control, and redundancies are being created for jobs particularly in category innovation, manufacturing and even HR functions in India. The power brand strategy created further pressure. The bulge is mainly in the upper middle management, or 3A & 3B category. Also, it is no longer the top employer of choice in India’s key business schools.

With such tidings in one of Unilever’s key markets, it’s quite apparent that these are trying times for the company. More than restructuring and cost cutting, it’s important to get its brands back in the reckoning as far as market shares go. Perhaps that should be the most credible starting point to bring some vitality to this Anglo-Dutch behemoth.

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, September 20, 2008

The VAS space, currently dominated by text and picture messages, along with ringtones and data downloads, has in itself driven the user to maximising these services. The reason, according to Durbha, has a lot to do with impulse usage. Instantly he takes out a handset, clicks a picture and sends it across to this reporter’s e-mail address. The process, as simple as counting 1 to 5, but what held attention was that the entire operation was done through a phone costing just Rs.4000.

“We’ve got 10.2 million ‘unique’ users, who only sample our VAS, less than 5 times a month. Probably this number exceeds the total number of subscribers of many service providers across the world,” says Durbha. For now, the future seems brighter than ever before. With Reliance now foraying into the GSM bracket, it seems all set to duplicate its tactics and win itself another enthusiastic horde!

In India, the mobile VAS industry, according to IAMAI, expectedly hit the billion dollar mark by December 2007 and in that figure, we see a jump of nearly 60% over December 2006. Currently the most optimistic figures put VAS at 12-15% of revenues of a mobile service provider. As Mahesh Prasad, President, Applications & Solutions Group, RCOM, puts it, “If Japanese and Koreans can derive 25-30% of revenues from VAS, there is no reason we cannot.” Concludes Durbha, “There are a lot of clichés involved when we talk about the future of mobile phone services and in particular about VAS... Unfortunately, they’ve all become much over-hyped. But, eventually, under all that hype is a reality.” And surely there is little doubt now that RCOM has moved far beyond the company that broke the lower end of the price barrier to provide mobile services that were ‘cheaper than a post card.

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
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Monday, August 25, 2008

Malaysia must begin to mull...

...ways and means to make sure that the minority communities are not discriminated against
The subtle equilibrium of the inter-racial politics of Malaysia has come under serious peril from an unanticipated front & the response from the Malaysian Government poses critical questions about freedom of expression. A relatively unknown conglomerate of Hindu NGOs named Hindu Rights Action Force (HINDRAF) called a mammoth rally in Kuala Lumpur, to air its objections about the so called marginalisation of the Indian ethnic minority community (read Tamil Hindus). Apart from that, in a somewhat comical demand, the organisation also demanded compensation from Great Britain for the community’s exploitation during the colonial era. An off the guard government came quickly to action & arrested the top HINDRAF leaders.

Surprisingly, HINDRAF’s mass mobilisation has made very little or no appeal to non-Hindus, many of them Indians. The situation was somewhat worsened by the un-diplomatic participation of Indian politicians in a war of words with their Malaysian counterparts. M. Karunanidhi, Chief Minister of Tamil Nadu reacted angrily to the events. The RSS grabbed the chance to show itself as the sole propagator of Hindu cause & talked about “global unity of Hindus”. As always, authorities too, jumped the gun.

Many ethnic Chinese & Indians, who form the two main minority communities, are uncared for, particularly concerning an affirmative action programme named ‘Bhoomiputra Programme’ that gives privileges to Malays in business, jobs & education. What made the issue complex was the fact that any attempt to air ethnic minority grumbles in Malaysia is always projected by the Malay dominated government & administration as a threat to national security & cannot be allowed to be glossed over, without mentioning the 1969 race riots, which had Malays & Chinese against each other, that claimed several lives. The same happened this time as Sami Velu, the Minister for ethnic minority Indians & himself a Hindu, termed the protest irrational & accused RSS and other NRI Hindus of trying to destabilise the country.

Nevertheless, HINDRAF thinks otherwise. P. Uthyakumar, the legal advisor of HINDRAF told B&E, “Sami Velu is a proxy of the UMNO led government. In exchange for the salary, the royal awards and also some government contracts, his job is to cheat the Indian community.” Meanwhile, Malaysia has said that it is willing to sacrifice public freedoms for the sake of national stability. It can be concluded that recent events have deeply affected the social fabric of Malaysia. For a novice, Lord Rama is the most favoured hero of Malaysians & stage performance on Ramayana, the most watched event. There is a lesson to be learnt there.

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)
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The Indian Institute of Planning and Management (IIPM)
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Wednesday, August 20, 2008

The Palestinians

The Palestinians are the cause of exiting and ex-presidents. There’s no real electoral payback anticipated in supporting them. Jews and Israel-loving evangelicals dwarf any Arab lobby to the extent that it’s not even funny. President Bush is now on the exit track. And it’s time to rectify the fundamental error he had made in allowing the war-on-terror rhetoric to wrongly discredit the Palestinian national movement.

His best hope in Annapolis may be the Texas connection. If Bush gets behind Salam Fayyad, the Palestinian prime minister who attended the University of Texas, things may finally move on this front. But for that to happen, he has to stick with him. Fayyad, 55, is the can-do face of the Palestinian movement. Just like his people, he’s long been in the wilderness. Unlike many of them, he hasn’t succumbed to the culture of the victim. “One year,” he said in an hour-long conversation, “is more than adequate to come to a peace treaty and end this conflict.”

In seven years in office, Bush has been, in fact, quite uninterested in such an ending. He has hallucinated about roads from Baghdad to Jerusalem. He also talked about two states and later lost interest in the initiative. The American Middle East policy has, in fact, been quite distracted and unbalanced on the whole. Now, overcoming his Clinton angst, Bush has summoned the parties to Annapolis, Md. But clearly, it’s happening too late in the day. The rising Middle Eastern power, Iran, has not been invited to the conference. Nor has the Hamas. What’s instead present, and that too in abundance, is desperation. Bush must use it.

The Palestinians, on one hand, are desperate because they are now looking at a dead end. They’ve been the losers over six decades of strife, through ineptitude, corruption & Arab hypocrisy, apart from their susceptibility to victims’ hollow consolations. As Fayyad had earlier noted, “Last year more than 50,000 Palestinians emigrated. How is that consistent with ending the occupation?”

The Israeli desperation, on the other hand, is relatively quieter. The economy has indeed blossomed, but not the Israeli soul. Four decades of occupation since the 1967 war have been a scourge for the country. Jewish precariousness still persists. The diaspora Jew did not go to Zion to build the Jew among nations.

Bush faces Palestinian weakness and compromised Israeli strength. He must offset the weakness by standing with the Palestinians on core demands. He must insist on Israeli sacrifice – territorial and ideological – in the name of US-guaranteed security. “Without peace,” Bush should tell the Israelis, “the Arab birth rate and the jihadist tide will eventually wash over you.”

Fayyad told me he’s coming into the conference Tuesday “disappointed that more progress has not been made.” On core issues – Jerusalem, borders, settlements – the impasse has prevailed. Annapolis can solve nothing actually; all it can do, realistically speaking, is to jump-start an intense process.

That process then needs essentially three elements, Fayyad told me. First, there should be an explicit framing within the context of UN Security Council resolutions, including 242, that makes clear Israel’s obligation to, in Fayyad’s words, “end the occupation that began in 1967.” Second, the Annapolis conference must result in an Israeli commitment to freeze the West Bank settlements and to remove illegal settler outposts, which will be paralleled by Palestinian commitments to “institution building and fighting terrorism.” Third, “we must get a reference to a timeline, a conclusion of final status peace within the Bush presidency.” Fayyad is right. A return to the 1967 lines, plus or minus agreed swaps, is the only plausible basis for a two-state accord. An Israeli settlement freeze is the first step to a Palestinian buy-in. A time table is the anchor all the talking needs. I asked Fayyad how he’d reassure Israel about security. He became animated. “Political pluralism is fine, but I can’t tolerate security pluralism. There’s no such thing as militias running around taking decisions! That has led to catastrophe. Law and order is basic. I said in a speech the other day that Nablus is more important than Annapolis! It is. The people of Nablus need security, just like Israelis.”

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial,

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:-
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 ...
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Wednesday, August 13, 2008

MOTHER OF ALL MATRICES...

It’s not the experience of a lifetime; it’s the lifetime of an experience, says Raunak Roy
I used to have a t-shirt that said “100% virtual, the real me is at home!” I must have lost it, as I don’t see it in my cupboard any more. But sometimes, I wonder how easy it would have been to send another me to work on an especially cold December morning. I could just sleep at home. Well, apparently the day is not far away, as this story will tell you. Allow me to introduce you to a shocking future involving virtual reality and MMORPGs. If you have never heard of an MMORPG and you think it is some esoteric piece of software, you are surprisingly close to the truth. MMORPG stands for Massively Multiplayer Online Role Playing Game.

It connects millions of people across the world on a single online platform in the form of a 3D virtual world, which is also a game. Most people consider Second Life to be just another MMORPG. But they are confusing between a MMORPG like “Ragnarok” and a 3D virtual world like Second Life. The difference is elementary. The former is – as the name suggests – a game, and thus, has a victory or a defeat. You can play different scenarios, but the game will end with someone winning and someone else losing. 3D virtual worlds are not games but complete environments that you just virtually inhabit. Based on the features of the world, you could have specific objectives but there is no winning or losing involved. If this basic difference is clear, think about this: you could have an MMORPG inside a 3D virtual world, which could have a win-loss scenario. So you are in a virtual world playing a virtually virtual game with some resident of the virtual world.

So what does the future have in store? Now, that’s the million dollar question. And we cannot see the future. So we do the next best thing: predict it. We base our prediction on some of the things happening right now that look too futuristic to be true. And along with this disclaimer, I must warn you that most things in this feature will sound like science fiction if you are not plugged into the concept. But today’s science fiction is always tomorrow’s reality. And we can all agree to that. If any of you watched Star Trek in your childhood, I am sure you remember the small communication device Captain Kirk used to whip out of his pocket. We all have one of those in our pockets today.

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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Tuesday, August 12, 2008

Straight from the horse’s mouth

Sudip Bandopadhyay
CEO, Reliance Money

Instead of naming top five schemes per say… during the last three years generally infrastructure schemes have given good returns… this means that the funds which had focus or were more overweight on infrastructure have given better returns during the last three years as compared to say a diversified equity fund or a sector fund like Pharma or IT. For instance, DSP Tiger and Tata Infra have given very good returns of over 42% CAGR during the last three years. Also few dynamic funds such as Opportunities Fund from DWS, Kotak and ICICI Pru Dynamic Fund have given over 40% CAGR because of active portfolio management by fund manager.

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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