Thursday, October 11, 2007

An unassuming Kris steps in humble shoes

S. Gopalakrishnan, co-founder of Infosys Technologies has taken over as its CEO and MD afterS. Gopalakrishnan, co-founder of Infosys Technologies Nandan Nilekani stepped down from the coveted post. Gopalakrishnan aka Kris & Nilekani are amongst the seven engineers who founded Infosys. Kris who is ranked 35th among India’s 40 Richest by Forbes was unanimously elected by the company’s shareholders in its 26th AGM. Kris will be CEO for the next 5 years & prior to it, he was the deputy MD and COO of the company. Aft er talking over as the CEO, Kris revealed that he does foresee some changes in the company’s way of functioning. Kris also did not rule the possibility of acquisitions in future.
For complete IIPM article click here
Source:- IIPM Editorial, 2006
An IIPM and Management Guru Prof.Arindam Chaudhuri's Initiative

Wednesday, October 03, 2007

‘Bell’s ring in ‘Canada’

Watch out! As Bell Canada agrees to the terms of being taken over by a private alliance headed by Ontario Teachers Pension Plan. This $48.5 billion deal would mark the principal leveraged ever buyout in Canada. The shareholders’ nod to takeover this Canadian private telecommunications player would create the largest takeover in Canada. The Toronto based pension plan with assets worth $99 billion, invests & manages the retirement funds for Ontario’s 167,000 active & 104,000 retired teachers. With a 6.3% stake, the pension plan happens to be Bell Canada Enterprise’s (BCE) most important shareholder. A leveraged buyout of a mammoth public company by a private partnership, really makes the deal unique. Michael Sabia, Chief Executive, BCE said that the proposal is a 40% premium over the average price for BCE shares during the past year. Chairman, Richard J. Currie further added that the special step is for the shareholders who were always valued. The Group led by the pension plan, managed to outwit several other major bidders including a consortium of New York-based Cerberus Capital Management LP with Hong Kong based billionaire, Richard Li’s, Pacific Century Group & the Canada Pension Plan Investment Board with a backing coming from American buyout firm Kohlberg Kravis Roberts & Co.
For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

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

Read more:-

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow
Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com

Friday, September 07, 2007

Black Dragon!

China offers the greatest conundrum of our times. China’s rapid modernization over the last 3 decades has brought millions out of poverty, but has left China with 16 of the world’s 20 most polluted cities (357 out of 696 cities experienced acid rain) in 2005. China should be an example to all economies, to focus solely on economic growth to the exclusion of sustainable practices only gives the illusion of economic prosperity,” said Anna Clark – President, EarthPeople, LLC, a Dallasbased consulting firm – in a chat with B&E. The Chinese authorities are not dismissing this as another western onslaught aimed at disrupting their economic growth. “There seems to be a great deal of interest in protecting the environment from the central government in China. There’s innovation around issues like green building & solar power. But China is also building a lot of coal plants. And in the province, rapid economic development and job creation take precedence over environmental protection. So the picture is very mixed,” said Marc Gunther, a senior writer at Fortune & the author of Faith & Fortune: How Compassionate Capitalism is Transforming American Business.
For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2007

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

Tuesday, September 04, 2007

An eye on the future...

Steel Authority Of India Limited (SAIL) is quite well known for its rapidly improving balance sheet year on year. The company had yet another stupendous financial year 2006-07 with a turnover of Rs.391.89 billion (growth of 21% y-o-y) & net profit after tax of Rs.62 billion (growth of 55% y-o-y). Chairman S.K. Roongta, while highlighting the inner strengths of the company further reiterated, “We (SAIL) are determined to make optimum use of our resources.” And SAIL has been quite bullish on environmentally sustainable growth for which it recently received a CSR award.
For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2007

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