B&E Indicators

Private charity contributions rise in India
Although the human conditions in India remain difficult for many, the attitude towards giving has certainly started to change. In fact, as a percentage of GDP, private charitable giving in India has increased 50% since 2006. Today private giving totals 0.3-0.4% of GDP in India. However, the country still lags behind when compared with the developed world. For instance, private giving in US accounted for 2.2% of GDP in 2009.

But, it’s still below the global standard

A prime reason for the disparity is that individual donations in India still constitute only 26% of all private contributions, way below the global standards. While in US individual charitable donations total as much as 75% of all private giving, in UK, it’s 60%. Moreover, the wealthiest Indians are still donating much less than (1.5-3% of annual income) their US counterparts, who contribute about 9% of their annual incomes.

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Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

 

For More IIPM Info, Visit below mentioned IIPM articles

 

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

Andreas Schaaf, President & MD,BMW India

Andreas Schaaf, The Man in Charge of BMW India, Discusses his Company’s Product Portfolio Expansion, Distribution Network and sales Target Strategies with B&E’s Pawan Chabra. Question is: Will Schaaf’s India Plans Work?

The past 10 months have been a smooth drive for BMW India – an 81.41% y-o-y increase in sales in the luxury car market, with a 95.73% increase in production volumes. It has not been all marked with subtlety though. [During the period, BMW outsold the erstwhile #1 Mercedes Benz India by 213 units.] And given the strong December 2010 launch of the X1 (in terms of market response), the March 2011 unveiling of the 6-Series convertible and the fact that BMW is now planning to launch one of its best-selling SUVs by mid-2011 – the X3 – in India, much more is expected from the German. But competitors, who have failed to capitalise on their first mover advantage, will try and force a stalemate situation. Will BMW yield to peer fights? Not if it gets its sales & manufacturing plans in place. And this is what Andreas Schaaf – the man in charge of BMW India – hopes to get lucky with.

B&E: Late last year, BMW India announced the launch of its in-house financial services arm, BMW Financial Services, that was meant to enable it to launch tailor-made financial offerings. Not much has been spoken about it. Any numerical proof to support the advantage of this initiative?
Andreas Schaaf (AS): The performance of the financial arm has been overwhelming. In the first two months of this calendar year alone, our Financial Services arm accounted for 50% of the total sales for BMW India. You are right – the presence of our in-house financial services arm gives us independence to launch tailor-made services, which is not possible with an external partner. Moreover, it helps in accelerating the entire sales process.

B&E: In the past 10 months alone, you sold 6000-plus units. Better still, the luxury car market in India also grew at a double-digit rate, which is expected to continue for many years. What would be your projected annual sales figure, say nine years later, in 2020?
AS: The Indian luxury car market has grown at a strong double digit growth in recent years. The sales figure stood at about 15,000 at the end of 2010. We believe the segment will touch unit sales of over 1.5 lakh units by the end-2020. And considering that we would not like to lose our #1 position and market share that moves in the range of 35-40%, we plan to be selling close to 60,000 units by the end of 2020.

B&E: “Bullish estimate” we must say. Would it not prove a case of counting the crops before the monsoons?
AS: The industry is expected to grow by 30% in 2011. We sold 6,426 units in 2010 and are confident of keeping in pace with the industry growth rate. Product and sales strategy will be key for us. We recently launched the 6-Series convertible and plan to launch the X3 by mid-2011. So, if our product launch plans go well, we should be able to outperform all estimates.

Read more...

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Who’s The one Joking out Here?

The new Profit Sharing Formula introduced by The Ministry of Mines has upset miners in India. While they contest that The New Legislation will wipe off The Industry, The Government Strongly Believes otherwise. Who’s The one Joking?

After having displayed a laggard approach on the need of a more contemporary mining policy for years together, the government appears to have woken up and has shown great urgency in bringing out a new mining policy that promises to address mining-related concerns of most stakeholders. The new proposal, titled ‘The Mines and Minerals (Development and Regulation) Bill, 2010’, is an amendment to the MMDR Act, 1957, and has been approved by the cabinet to be put before the Parliament.

The new legislation, as the government claims, aims to open up the country’s resources to foreign and local private investment and increase the benefits from mining to local communities. The contours of the new bill make it mandatory for mining companies to give 26% of their net profit as compensation to locals displaced by the projects. The goals laid out by the government in drafting the legislation are wide-reaching and, in some cases, do seem uncompromising. “We are trying to give enough options to the local community by giving them a recurring financial compensation. It’s not a compensation for their land, it is to enable them to do something different. We cannot, sitting in government or industry, decide somebody’s way of life. All we can do is empower them,” says S. Vijay Kumar, Secretary, Department of Mines. The expansion of mining in India is key towards maintaining the GDP and export growth of the country. In a recent interaction with a parliamentary panel, Mines Minister B. K. Handique asserted that the share of mining sector to the country’s GDP, which currently stands between 2.5% and 3%, is poised to increase substantially. To be exact, as industry movements suggest, it could contribute around 5% by the year 2020.

However, talking about the present, despite the geologically established presence of huge mineral reserves in the country, the current scenario of mining in India is rather disappointing. Considering that the mining and construction equipment industry volume is around 40,000 to 45,000 units per annum amounting to a turnover of $2.6 billion to $3.1 billion, the Indian industry is in its nascent stage as compared to the $75 billion global market. Moreover, as per official estimates, out of the 5.75 lakh sq km available in India with potential minerals, only 75,000 sq kms have been explored in detail so far. Not to forget, the battle between the mining companies and the people displaced by their projects have contributed in a big way for this poor show. While neither the existing spotty government mechanism nor the mining industry has been able to provide any relief to the lives of those affected by earlier projects, the question remains, will the new bill be able to resolve these battles?

Read more....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

“We Have Traditionally Grown Above the Industry”

She began her Journey Inheriting a Legacy of Hard-to-Change Processes, A Rebuilding Phase post the Worst of the Recession, And an ever Expanding Competition from Cutthroat Rivals. She has Weathered Every Storm and firmly Established herself as The Frontrunner among the Most Powerful Women in India Inc. In an Exclusive Conversation with B&E, Shikha Sharma defends Axis Bank’s future plan

B&E: Axis Bank has just launched an infrastructure index. What’s the logic behind the move?
SS: Axis Bank, as you know, has some key focus areas and infrastructure is one of them, with others being entrepreneurship (SME segment), retail franchise and our payment structures. So, these are the four areas where Axis Bank is currently focused on. As far as infrastructure is concerned, we have a lot of expertise in that area. In fact, in the last ten years, we have been looking at infrastructure projects in India across roads, ports, airports and other various segments. Further, if India has to grow fast we have to look at the gaps – and one such gap is infrastructure, because we can’t grow without having world class infrastructure. The other thing that the country needs is the capital for these infrastructure projects. Capital not just from domestic source, but also through broader based market participation including both domestic and foreign institutions. It’s with this intent to encourage investment into infrastructure that we are launching this index, which hopefully over a period of time will give investors the confidence to look at one single transparent number where they can gauge the investment climate in infrastructure sector.

B&E:How big is your infrastructure portfolio right now and what targets does the bank have for the sector?
SS: Infrastructure is a key focus area for Axis Bank and about 20% of our total advances are to the infrastructure sector including power. We believe that infrastructure will be one of the big growth engines for India over the next couple of decades. We also believe infrastructure, retail and entrepreneurship are going to be the big growth areas and that is why these sectors are a key focus area for our bank. We have to build capability to execute that well as we believe that infrastructure will grow significantly in the near future. I think if it goes up to 25% of our portfolio, we will be fairly comfortable because we do have expertise and experience in evaluating infrastructure projects and managing the risks. We don’t have a target number practically, but the way we are looking at this is that we are an India focused bank and as such will focus on the opportunities that we have in hand in India right now and the ones that will come up in the near future. We really don’t have a pre-determined ratio of what a particular segment will look like. What our portfolio ends up looking like will depend on which of the segments grows the fastest (out of the four mentioned earlier) and which create the demand for funds. We believe that if the promise of infrastructure happens, then our proportion of infrastructure could go up.

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

And it all began with a wish, minus the genie!

B&E’s Pawan Chabria meets up with some individuals who opted to go barefoot in search of success, rather than lazily stepping into the comfort of guaranteed, cushioned golden shoes offered by well set organisations...

Often labelled as the land of agriculture and farmers, India has also surprisingly achieved many a milestone when it comes to churning out new-age entrepreneurs. If truth be told, then gone are the days when every fresh MBA-labelled individual was found salivating for those temptingly fat pay packages offered by multinationals; rather these days, many are much more enthusiastic about registering a start-up, and moulding it into a new capitalistic force. B&E presents a handful of such real-life tales of MBA entrepreneurs who either shunned the very sight of a 9-to-5 job from a distance or those who grew tired of the luxury and convenience offered by a follow-the-clock-to-the-hilt profile.

Anuj Guglani, CEO of Ace Associates, worked for auto majors like Honda (for 3 years) and GM (for 4 years) after completion of his MBA course from IIT Delhi, before starting his own venture. He was involved at various middle-management levels during his stint with Honda, and was handling the showroom workforce training for GM before he left his job, only four months after his marriage. That was of course not an easy decision to make. Anuj smilingly recollects, “There was a lot of pressure... but my family supported me all the way.” When asked about how much his management education had helped him in his venture, he explained that those two years played a critical role in ensuring the success of his company today. “MBA education is very important for starting or handling a business today. It cultivates a vision and completely changes the way your thought-process operates,” he adds. Anuj started his dream run with little money (as he had spent almost all his savings on a Switzerland trip with his newly-wed wife), but immediate success within a short interval greatly improved his cash-position; he explains, “Since I was lucky to get a client like Mitsubishi just days after the launch of the business, it really took no time to break-even.” In fact, Anuj has today diversified into areas like social networking portals with the newly launched World Auto Forum (for auto-lovers).

Read more....

Source : IIPM Editorial, 2012.

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

For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

Fast food chain spread its reach in the indian market

there was hardly anything ‘fast’ in the manner in which this fast food chain spread its reach in the indian market. but mcdonald’s would still look back at the past 19 years with satisfaction, for indians have accepted them quite well

So the decision to go global was taken in the 1950s, but India came on their radar four decades later. Not only that, it took them six years to get ready with an investment of Rs.4 billion for deploying a robust supply-chain model. It was crucial in a country where agriculture was aimed largely towards end consumption at Indian homes and was not tuned to serve the needs of the processed foods industry at that time. Unlike other players who opted for the subsidiary model, McDonald’s resorted to roping in Indian partners for a franchisee model. The company eventually roped in two franchisee partners, and selected Vikram Bakshi and Amit Jatia for North East and South West regions respectively. Both Vikram Bakshi and Amit Jatia, JV partners of McDonald’s in India, avow that initially they had to go through many rounds of meetings and appointments to convince McDonald’s of their eligibility. Of course, that was followed by rigorous training of the Indian management on McDonald’s core values, which it wanted to standardise across all its outlets in India. Then from 1990-95, work began on initial market testing, followed by a research across four major metros in India; and then on the elephantine task of setting up the supply chain. “We wanted to have everything in place before we opened our first store in Delhi,” explains Vikram Bakshi, MD of McDonald’s India (North and East).

But initially, the company failed to cater to the specific tastes of the Indian consumers and rolled out mutton products (which it later withdrew). Moreover, there was the challenge of ensuring that every big Mac outlet across the country serves the same taste. Then the perception that the oil that the company uses contains beef also led to a phenomenal negative publicity that made the Indian market look like a huge load of quicksand. The challenge persists even today. Still, keeping a balance between vegetarian and non-vegetarian food has ensured that McDonald’s was able to win quite a few Indian hearts. They have even gone to the extent of inviting customers at any point of time behind the counter to see how the preparations for vegetarian and non-vegetarian items are done separately.

 

Read more.....

Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)

THIRD WORLD: MALTHUSIAN

Malthus debate surges on today

Take for instance, the third world countries or the third world market, where developing countries are continuously coming out with new and innovative products and technologies due to scarcity of resources. Well, aren’t India and China considered markets of the future because of their population and its growth? Isn’t it better to be then a supremely crowded third world country than a first world country like Japan or Switzerland with falling population?

The answer is a categorical no. Firstly, to focus on population is to wrongly focus purely on GDP growth as the basis of calculating development rather than HDI or Lifestyle Index. Secondly, China and India have had [and still continue to have] the maximum number of people in the world living below the poverty/destitution line. Thirdly, economic development in such countries have been primarily unequal over generations. Clearly, it is better to be a highly developed, rich [5th wealthiest], yet recession ridden lowly populated [4.6 million] Singapore than to be a 1.2 billion plus people country with a 7% GDP growth rate, having 200 million and more defecating in the open...
 

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Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM - FLP (Flexi Learning Program)

The best environmental practices

The best environmental practices of leading countries, should be replicated in India too...

India’s position has been quite consistent in recent years, ranking 120th in 2008 and 118 in 2006. We covered more countries (149) in 2008 than in 2006 (133), a couple of which came in ahead of India, so the ranking is really the same. India’s relatively low ranking reflects not only the limits faced by all developing nations but also problems of governance. India does poorly in comparison to others at the same level of development meaning that it is managing environment and sustainability challenges less well than others who face similar situations. India receives low marks on a range of issues. The country’s scores on sanitation and indoor air pollution are among the worst in the world. Protection of habitat and land conservation also emerge as areas of subpar performance. More generally, India faces serious air pollution problems in its cities and significant water issues, reflecting challenges related both to quality and quantity.

We see, as noted above, to cover the full spectrum of pollution control and natural resource management challenges that governments across the world face. We build on an assumption that there are two fundamental objectives when it comes to sustainability - (1) protecting human health from environmental threats and (2) ensuring the vitality of ecosystems. We put equal weight on these two goals and then track indicators in five policy categories water, air pollution, biodiversity and habitat, productive natural resources and climate change as well as relevant sub-categories that policymakers must manage.

We recognise that the rankings depend on the weights one puts on the different categories, but we believe that the model we have developed is a useful starting point for understanding governmental performance both holistically and on an issue-by-issue basis. Frankly, the overall ranking of a country is not that useful to study. What is important is how a country does compared to those in its peer group – other countries that are similarly situated in terms of environmental challenges and level of development.

Read more......

Source : IIPM Editorial, 2012.

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

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM - FLP (Flexi Learning Program)

Why ‘Power’ Hungry pols deny ‘power’ to people

Our policy makers can’t even manage thermal power. How will they manage nuke power?

Some members of the Indian Parliament may have been looking for long term ‘financial’ security during the debate on the recent confidence motion. That sure helped the UPA government survive. And now, spin masters of the Congress are going to project the nuclear deal as something that will bring electricity to the humble house of the aam aadmi. Indian politicians crave ‘power’ at any cost; Indian voters too crave for ‘power’, albeit of a different kind, the kind that helps the electric bulb glow. So will the nuclear deal help the aam aadmi access power? Not by a mile if the present policy regime – completely subverted and perverted by corporate wars, vested interests, outright theft, loot and corruption and blind sided regulation – continues.

Let’s look at some facts. In the Tenth Five Year Plan, the target capacity addition was 41,000 MW. The actual achieved was just about half of that – 21,000 MW. Such ‘small’ discrepancies do not bother our policy makers. The target for the 11th Plan was raised to 78,000 MW. That means India needs to add 16,400 MW of power capacity each year between 2007 and 2012. The actual achieved in 2007 was less than 5,000 MW. Even if the performance improves from now on, don’t expect the 11th Plan to add more than 40,000 MW. In effect, assuming demand growth to be constant, India Shining would have created a shortfall of more than 60,000 MW in just 10 years. We all know that demand growth has been much higher since 2003 when the Indian economy started growing at 8% to 9% every year.

Now you know why you and your family, office, factory and shop face such devastating power cuts day after day. Thanks to these shortfalls, ‘power’ remains as elusive for the Indian villager as the PM’s post for L.K. Advani.

Read more........

Source : IIPM Editorial, 2012.

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

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

Hey King, how ‘bout a last waltz?

The occurrence of the sub prime crisis and oil price hike at the same time defies conventional theory and logic

While Mr.Bush might browbeat the world into believing that it is the insatiable appetite of India and China for food and fuel that is to be blamed for the exponential rise in the price of both, a closer scrutiny of the chain of events as well as a glance back at US history of instigating global turmoil would reveal that things are actually far more intriguing than what they actually seem.

The US modus operandi has always been to instigate a political crisis in a land obviously rich in mineral resources – act as a ‘saviour’ in that ‘crisis’, spend tens of billions during the course of the event, unleash an economic or military blitzkrieg, reduce the mineral rich state to rubble, call a UN General Assembly meeting, make the world pay for the reconstruction of the destroyed places, the contracts of which would go to US backed companies, increasing demand for construction material to be supplied by US, in turn reviving the US economy. Simple!

The world knew for long that ‘Saddam Hussein’ and ‘Weapons of Mass Destruction’ were just lame excuses. The real reason was to take control of one of the largest global oil reserves and thwart further attempts to trade oil in euro, as that would have been the death knell for the biggest brand US has created, i.e. the dollar. Presently, while Bush would like us to believe that the US too is suffering much due to the oil price hike, what is not told is the way the US is profiting through windfall profits from Iraqi oil and from huge refining margins its companies are earning.

Read more.......

Source : IIPM Editorial, 2012.

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

For More IIPM Info, Visit below mentioned IIPM articles.

2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face

SRI LANKA: END OF LTTE?

Sri Lanka may finally crush LTTE, but India has lost out a valuable opportunity to extend its influence

The initiative by Japan, an influential member of the Sri Lankan donor club is the first of its kind since January 2008, when Sri Lanka abrogated the 2002 cease fire brokered by Norwegians. Since then, Colombo has vowed to finish off the Tamil rebels once and for all.

According to diplomatic sources, Colombo’s acceptance of Akashi as a negotiator just proved that Japan has agreed to play a larger role as a neutral party in the conflict. It also means that India''s role as a negotiator and mediator has significantly whittled down since Indira Gandhi''s time. Even during the IPKF years, Tamil Nadu chief ministers, aware of the sensitivities involved, opposed India’s armed intervention in the island. With such opposition coming from within the Indian union, it became politically and diplomatically untenable for New Delhi to continue with IPKF operations. Things have clearly not changed much since then.

Unable to intervene – coupled with India’s capabilities to assist militarily on the decline - the field has been left open for countries like China and Pakistan to offer defence assistants and pacts. That is something that India could scarcely be too happy about.

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Source : IIPM Editorial, 2012.

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

For More IIPM Info, Visit below mentioned IIPM articles.
 

Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri's Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links

IIPM : The B-School with a Human Face