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)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
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IIPM makes business education truly global-Education-The Times of ...
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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 ...
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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
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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

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

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

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

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

Monday, August 11, 2008

The Maximum Returns

When analysed category wise, the maximum returns were delivered by the Gold ETFs, a huge 41.56% return per annum. S&P CNX Nifty (12.63%), Sensex (12.46%), Equity FMCG (11.72%), Equity banking (11.49%) and BSE Small Cap (10.73%) were others who managed to delivered handsome returns. But, sectoral fund categories (Technology and Auto) have delivered negative returns to the tune of 15.38% and 14.88% respectively.

A careful analysis of the performance of the existing 34 fund houses reveals that there are schemes, which have offered returns higher than stock markets despite the market mayhem. Interestingly, most of the outperformers are actually equity-based funds. And analysts are hopeful about other equity-based funds will also bounce back soon. Sharing his views with 4Ps B&M, Sudip Bandyopadhyay, CEO, Reliance Money avers, “Barring past two quarters, the returns from the diversified equity MF have been over 40% CAGR over past five years… we should understand equity per se is associated with risk; but we believe this is a temporary correction more to do with global factors than over our own economy and in the medium to long term we believe equities will definitely give better returns as compared to other assets classes.” His words justify the basic investment rule: if you want handsome returns, invest with a long term perspective.

Despite present market volatility, Assets Under Management (AUM) of the MF industry surged by 55% to Rs.5.05 trillion as on March 31, 2008 from Rs.3.26 trillion a year ago. In addition, more than 600 new schemes were launched during last year and as many as six brokerage houses are awaiting regulatory approval for commencing operations. Notwithstanding the present downward trend, estimated market surges in the near and distant future, are all set to compound the potential of the industry. Analysts expect to see an annual growth momentum of over 35% per annum, in years to come. The Boston Consulting Group (BCG) assesses that the asset base of the industry will touch $520 billion by 2015.

Yet, the present market volatility cannot be ignored. Combined with a global economic slowdown, fears of a US recession, deteriorating domestic fiscal scenario and of course, over dependence on foreign fund flow, market pundits continue to point toward uncertain times, and NAVs of major funds have crashed nearly 25-30%. Avers Ashok Jainani, VP, KSL, “The markets have turned volatile and reacted sharply to the crisis in global financial markets over the last three months… The NAVs of equity funds have dropped to reflect the turbulence in equity markets worldwide.”

But lower NAVs also appear as a blessing in disguise, as investors are now prudently considering the scenario as the best time to invest. Such investors, even if they don’t care for ‘statutory warnings’, the 4Ps B&M Best and Worst Mutual Funds list will serve as a ready reckoner about which funds have done well till now, and which have ripped apart investor hopes. Anand and his ilk can be just that much more future ready!

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

Wednesday, August 06, 2008

“Cars are what I breath”

A 4Ps B&M exclusive with the man who would be king... Fourth in line after Chairman R. C. Bhargava, Maruti’s Executive Officer, Mayank Pareek speaks...

"As a market leader our strategy is to be in all the segments and with full force. When we think that the market is right, we time our entry"On the future of the small cars Mayank Pareek,Executive Officer (Marketing & Sales), Maruti Suzuki India is known to be a small car market for quite some time now and this is primarily because of the low penetration levels here. As of now only 9 out of 1,000 people own a car. Naturally, every body desires finally to upgrade. So we look forward to help this vast multitude of population to get a car. To give a prospective, even countries like Pakistan have car penetrations of 20 per 1,000! So demand for small cars will always be there in India. Secondly, if you see demographic wise, if you divide the households into 4 categories, i.e. deprived, aspirers, middle class and rich-the middle class households will almost double to 48% by 2010-11. Therefore demand for small cars will be extremely big.

On Maruti’s penetration strategy
As a market leader our strategy is to be in all the segments and there with full force, but we time our entry. When we think that the market is right, that is the time we enter. So today we offer from entry level 800 to the Grand Vitara, so we offer a full gamut of options to the customers. As market for larger cars opens up, we have launched the SX4 and DeZire.

On A-Star concept & India role
See design is a collaborative project between India and Suzuki Japan, but yes Indians are playing a big role. This car is made in India for the global market and supplied through out the world. India will be the central manufacturing hub. In October we will launch the A-Star and the Splash sometime next year.

On Maruti nich product plans
Every vehicle performs to expectations of the concerned customer. India as a country does not have large numbers and we are a mass manufacturer here. We enter a market with large numbers, when the market is ready we will enter it in the future. There are very small number of customers who want those niche products, volumes have to be at least in thousands.

On image enhancers
We have always been launching limited editions through out, like the versions of the Zen (Carbon and Steel). As we talk about brand enhancement and image buildup, we already do two big rallies. ‘Raid de Himalayas’ and have been doing it for the last seven years and it is extremely popular. The whole point is to connect with the youth of this country. Then there is the rally ‘Desert storm’, with participants from India and abroad. The idea is to build the brand and to know the customer.

On being customer focussed
Continuously our endeavour is to launch vehicles which suit this country and when we launch we look at the leadership position, we don’t want to be marginal players. So our core strategy is customer focus rather than product focus. What ever the customer wants we will provide. If he needs new model we will provide them, if he needs new engagement in terms of brands we will do that as well. So we continuously try to evaluate what the customer requires. This is a continuous process. Almost 700,000 customers visit us every month and tell us things that helps us in building our future strategy.

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, August 05, 2008

Touching today and tomorrow

If you ever plan to use your employee as your brand ambassador, remember to take a leaf out of HCL’s 30-second spot book...

It has always been an asking task to give a human face to technology. But for the Indian technology giant, HCL Technologies, it wasn’t very difficult to showcase how over the years, the company had unwittingly become an integral part of its consumers life. After all, HCL has been India’s sole hardware brand for decades. So, in April 2007, when HCL decided to give itself a modern and global face, the domestic tech giant picked its own employee to make a communication splash. With a telling tagline – ‘Technology that touches life’ – the commercial began with a hitchhiker (an employee of HCL) taking a lift from an investment banker. During the journey, the hitchhiker explains how HCL Technology is an integral part of everyone’s life. Exactly a year later in April 2008, HCL technologies came up with a sequel to the ad in which the world is shown coming to the employee and talking about HCL making an impact in their lives.

If you are still wondering why an employee was the chosen one for this task, ask M. Sundararajan, Associate VP-Marketing, HCL Technologies. “HCL’s 55,000 employees are the very heart of the company and key among HCL’s stakeholders and HCL’s catch phrase. What better route therefore than to use the HCL employee as the protagonist, which instills a sense of pride and a strong connect with the brand,” says Sundararajan. Small wonder that unlike MNCs in the domain (Lenovo, HP, et al), the brand has steered clear of roping in a celebrity ambassador till date. And the strategy has indeed paid off. A brand tracking research conducted by IMBR, revealed that HCL leads in the ‘Top of The Mind Recall’ amongst IT companies and has an equally high ‘Spontaneous recall’.

For Complete IIPM Article, Click on IIPM Article

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

Monday, August 04, 2008

Now for some Micro’hard’ talk

What had started as a good ol’ peaceful offer for merger, is now turning into a rather unpleasant war of words between Steve Ballmer and the Yahoo! board of directors.

Despite an elongated period of negotiations (since Microsoft put forward their proposal to buy Yahoo! at a 62% premium to the closing price on January 31, 2008, the day preceding the announcement), the stalemate continues. Steven A. Ballmer, CEO, Microsoft Corp. said in a letter on April 7, “The goal in making such a generous offer was to create the basis for a speedy and ultimately friendly transaction.” But since speed is a pipedream still, Ballmer has threatened to take the battle to the shareholders and also that the valuation will be reduced significantly.

“Yahoo! is pulling out all the stops to try to prevent such an acquisition, primarily because I believe management really does feel that Microsoft’s $44 billion offer is too low,” feels Richard Dorfman, MD, Richard Alan Incorporated (a New York-based investment firm) and Chairman, TransMedia Institute. If first quarter numbers are good, it would signify Yahoo!’s best shot at gaining some power in negotiations with Microsoft ahead of its Saturday deadline to accept the software company’s nearly $44-billion takeover offer. A good Q1 would mean that Ballmer eats crow.

Even if a combined Microsoft-Yahoo! is unable to dethrone Google as the online advertising leader, the combined company would still be a very substantial player in this extremely profitable business. The present Yahoo! sentiment is tough to agree with but the situation shows it all. Others are equally getting vehement at the situation. “At the moment, Microsoft is mired in a three-dog fight to acquire Yahoo!”, reveals Marc Edelman, a New York law professor with an expertise in antitrust law. At present it’s competing against Google, which has tons of free cash flow and AOL, which presents lower antitrust risk. At least publicly, Microsoft is the only company that has submitted a formal acquisition bid. Plus, of these three companies, Microsoft may stand to benefit most based on synergies between Microsoft’s core business units and Yahoo!’s web-based capabilities. “Yahoo! will eventually sign a sale agreement with Microsoft but is using Google and AOL to try to convince Microsoft to both increase its bid price and incur the antitrust risk of regulators rejecting the deal on antitrust grounds,” adds Marc.

For Complete IIPM Article, Click on IIPM Article

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