IIPM

When your pension isn’t my tension!

2006-07-21T22:51:00.000-07:00

According to Sylvester J. Schieber, Director of US benefits at Watson Wyatt, “Congress has an opportunity to create an environment in which employers will be able to sponsor pensions and make sure employees have adequate retirement income. If it fails to take advantage of that opportunity, both employers and employees will suffer.” But odds are against such a move.

It is very crucial to come up with a plan that has to be equally attractive for the employer as well as the employees and encourage them to save for their retirement age. It’s high time that the government should devise a plan that would help both employers and employees and save the social security system from crippling.

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Source:- IIPM Editorial, 2006

Author:- Prof. Arindam Chaudhuri.

“The Fight of the Century”

2006-06-16T00:04:00.000-07:00

The intensity builds up as the rounds go down and in the 15th, Johnson disdainfully knocks Jeffries down and out. That one punch shattered the ‘Great White Hope’ and made Jack Johnson the most loved as well as the most hated person in the US of A. Hailed as “The Fight of the Century”, the Jeffries-Johnson fight crushed the myth of white supremacy over blacks. Unfortunately, the event added fuel to the sometimes raging, sometimes flickering, but almost always simmering fires of racial hatred leading to violent race riots across America.

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Source:- IIPM Editorial, 2006 Author:- Prof. Arindam Chaudhuri

“Bulk-mail” to become “Junk-mail”

2006-05-08T04:25:00.000-07:00

The success of any direct mail programme depends of the Contact list. Make sure its relevant. Otherwise it doesn’t take long for “Bulk-mail” to become “Junk-mail”. That’s the razor’s edge you walk on. So you need to select your prospect with care. Finally, remember studies have shown that it takes eight to ten contacts before people remember your message.

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Source:- IIPM Editorial, 2006

The basest of our instincts act as a base for the instinctive…

2006-05-05T23:50:00.000-07:00

Dr. Christian Mikunda – noted dramatist and psychologist – obviously appalled at this obvious oversight, decided to channel his energies into championing his raison d’être and the efforts are wellchronicled in his Brand Lands, Hot Spots & Cool Spaces. The essence of his work lies in the essaying of how emotions are swayed by such sensory triggers as light, colour, smell and sound, among others.

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Source:- IIPM Editorial, 2006

PVR

2006-05-05T01:20:00.000-07:00

In 2003, PVR witnessed a setback of sorts, when its global partner, Village Road Show separated and discontinued the partnership because of its own global restructuring. But, Bijli converted this into an opportunity, retained the acronym PVR, stopped using the full name of Priya Village Roadshow, and set about expanding and brand-building PVR aggressively. Not just that, he bought his partner’s share in the biz for Rs.40 crore and became 100% owner of PVR, instead of the earlier 40%.

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Source:- IIPM Editorial, 2006

Third largest beverage manufacturer in Europe - IIPM News

2006-04-20T23:04:00.000-07:00

Gross sales of 1.7 billion litres make this division the third largest beverage manufacturer in Europe. But critics have outright questioned the sale, quoting that the overall beverage business of Schweppes was actually growing at a healthy 4%, with a turnover of $1.12 billion. In reality, such apprehensions seem to be grossly misplaced. Despit Cadbury’s overall beverage business growing, its European beverage business has regularly seen stagnant growth in the past; even reporting a 2.5% drop in operating profits in 2004.

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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

2006-04-17T02:47:00.000-07:00

Yet, there seems to be a lack of clarity about the strategic goals of the EU. Will it remain a close economic ally of the US or will it become a serious rival for global markets and opportunities? Should it go euout its way to befriend China to score business points over the US or should it work closely with the US to contain and manage the growing economic clout of China? Should NATO continue to be the driving military force in the new world order or should EU consider a military force that is independent of the US?

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Source- IIPM Editorial, 2006

Emergency Food aid is not Enough (IIPM Publication)

2006-04-14T02:45:00.000-07:00

This is a year of both widespread hunger and solemn promises by the rich countries. But emergency food aid is not enough. Impoverished communities in Africa, the Middle East, and Asia are ripe for a “green revolution,” based on modern scientific techniques for managing soils, water, and seed varieties. Donors should lend their support by backing long-term solutions aimed at increasing food production, slowing population growth, and mitigating long-term global climate change.

Source:- IIPM Editorial

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Publication and Research, IIPM

2006-04-13T06:10:00.000-07:00

Since companies cannot reflect this expenditure on their balance sheets, they have to perforce break law to generate this black money. This has created such a vicious cycle that even criminals, who were earlier content financing politicians, now find politics a more lucrative business. Says noted lawyer and former Union Law Minister Shanti Bhushan: “This criminal politician who collects protection money is infact more powerful than the tax collector…”dealists think that this global business of corruption can be curbed. In fact, it can never be eliminated because human greed is eternal; and corporate, criminal and political interests are converging like never seen before.

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Source:- IIPM Editorial, 2006

Indo-Korea business relation (IIPM Publication)

2006-04-13T01:14:00.000-07:00

In total, South Korea has till now pumped in over $14 billion into India. The top sectors attracting investments are automobile, fuels, electrical and software equipment and chemicals. In 2004, Hyundai Heavy Industries won an ONGC pipeline project worth $600 million. Interestingly, Mahesh Bhatt’s next movie ’Gangster: A Love Story’, is going to be the first ever Indian movie to be shot in South Korea.

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Source:- IIPM Editorial, 2006

Bane of SC, ST and OBC - IIPM Publication

2006-04-09T00:59:00.000-07:00

It is truly not lack of reservations in the private sector that has been the bane of SCs, STs and OBCs, but the most despicable inaction of our consecutive governments and corrupt politicians. Indian industries are in the midst of global competition where, in order to survive, they have to stay competent. Thus, it is thoroughly infeasible for them to recruit candidates simply on the basis of caste.

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Source:- IIPM Editorial, 2006

Indian law that does not use the word ‘inspector’ - IIPM News

2006-04-05T00:55:00.000-07:00

This is one (Indian) law that does not use the word ‘inspector’; we have used ‘officer’ instead, says D. P. Singh, secretary, food processing industries. He was responding to a question on whether the new Food Law on Trade will lead to the resurgence of another era of ‘license – inspector raj’. Mandatory licensing, registration of food businesses and ‘danda’ wielding food inspectors operating under food safety commissioners, have invited widespread skepticism from the industry.

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Source:- IIPM Editorial, 2006

Rakesh Mittal says.... - IIPM

2006-04-03T00:52:00.000-07:00

As far as entering the mobile phone manufacturing segment is concerned, Rakesh Mittal says, “This would directly bring us in competition with global giants like Nokia, Motorola, Samsung and LG." A typical life cycle for a mobile phone model in the market is 180 days from the date of launch, and Rakesh opines that volumes within this period have to be very high to justify the cost of manufacturing. He further reiterates that no Indian company has the wherewithal to take such a plunge.

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Source:- IIPM Editorial, 2006

Salaam Bollywood! - IIPM

2006-03-31T00:48:00.000-08:00

So long as Indian cinema continues to lure the great Indian middleclass, the governments of foreign lands are sure to line up for warmly welcoming the colourful Bombay brigade, as did Jeon Hyo Sik, director, Korea Tourism Organization, saying, “The Korea Tourism Organization is looking forward to treating Indian viewers to the most entertaining movie ever filmed in Seoul!” Aye, and thus we predict that the whole world too, shall soon be chiming Salaam Bollywood!

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Source:- IIPM Editorial, 2006

"Mean machine" - IIPM Publication

2006-03-25T00:45:00.000-08:00

The second most expensive sports car in the world, this awesome ‘mean machine’ has a speed defying engine to match with a top speed of 330 km per hour. The only Porsche with a 10 litre strong engine, the car packs in quite some punch with 600 horses powering the beast.

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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

2006-03-19T00:43:00.000-08:00

Even the emerging companies of deposit bankers – the financial engineers of their day – gained their customer’s trust by swearing to keep large (indeed, full!) fractions of coin on hand as a backing for those same deposits.

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Source:- IIPM Editorial, 2006

What market analysts might presume? -IIPM Publication

2006-03-13T00:36:00.000-08:00

Despite what market analysts might presume, the answer seems to be an emphatic yes! In the first quarter of 2005, ITC actually registered a record profit after tax of Rs.5.5 billion, a 20.1% growth. Interestingly, this was the highest profit for any quarter in the history of ITC. The truth is that the non-cigarette business is proving to be the main driver behind ITC’s growth. The revenue from this segment had a gigantic100% growth, from Rs.1.05 billion in the first quarter of 2004 to Rs.2 billion in the first quarter of 2005.

Source:- IIPM Editorial, 2006